The Funded Trader has announced exciting updates to its Knight and Knight Pro challenges, incorporating trader feedback.
The Funded Trader has announced exciting updates to its Knight and Knight Pro challenges, incorporating trader feedback.
Here are the Highlights of the article “The Funded Trader Unveils Updated Knight & Knight Pro Challenges”:
The Funded Trader has announced exciting updates to its Knight and Knight Pro challenges, incorporating trader feedback to refine both challenge and funded account conditions. The revamped programs are now live, offering enhanced conditions for traders seeking flexible, high-payout opportunities.
The Knight Challenge, a popular 1-stage evaluation, now requires a 10% profit target in Phase 1. Traders face a 3% daily drawdown (soft breach, based on the initial balance) and an 8% static max drawdown. The challenge also introduces a Daily March, requiring a 1% gain for 5 consecutive days, and offers Steadfast Gains of 50%.
Upon successful completion, the Knight Funded Account mirrors the challenge’s drawdown rules and includes a Daily drawdown of 1% for 2 days, with anytime payouts once conditions are met and an exceptional 98% profit split.
The Knight Pro Challenge follows a similar structure with a 10% profit target but includes an 8% relative max drawdown. Its Daily March is slightly more relaxed, requiring 1% growth over 3 days. Once funded, the Knight Pro Account removes the Daily March requirement altogether and offers a 95% profit split, maintaining the same drawdown rules.
To celebrate the updates, The Funded Trader is offering a limited-time 70% discount on all Knight and Knight Pro challenges. Pricing starts as low as $38.70 for a $5,000 account. The most premium $200,000 challenge is now available for just $449.70 (Knight) and $419.70 (Knight Pro).
These updates reinforce The Funded Trader’s commitment to trader success, transparency, and flexibility. With high payout percentages and performance-based evaluation metrics, the Knight and Knight Pro programs continue to be standout options in the prop trading space.
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