FundedNext has proudly announced the launch of its innovative program, the FundedNext Stellar LITE Challenge.
FundedNext has proudly announced the launch of its innovative program, the FundedNext Stellar LITE Challenge.
Here are the Highlights of the article “Trading Accounts for Just $32: FundedNext Stellar LITE Challenge”:
FundedNext has proudly announced the launch of its innovative program, the FundedNext Stellar LITE Challenge. Designed to democratize trading opportunities for individuals with limited capital, this initiative offers access to FundedNext’s trading accounts ranging from $5,000 to $50,000.
Breaking away from traditional evaluation models that often entail exorbitant fees, the Stellar LITE Challenge presents an unprecedentedly low entry barrier, requiring a mere $32 to commence participation.
So, the challenge unfolds in two distinct phases, each accompanied by its own profit target and meticulously crafted risk management parameters. In Phase 1, participants are tasked with achieving an 8% profit target, followed by Phase 2, which demands a 4% profit target. Moreover, stringent risk management measures are in place, with daily drawdown and maximum drawdown limits set at 4% and 8%, respectively.
Moreover, traders must fulfill a minimum trading day requirement of 5 days to qualify for evaluation. Upon successful completion of the challenge, participants stand to benefit from an 80% profit split, with payouts scheduled on a bi-weekly basis.
The Stellar LITE Challenge represents a paradigm shift in the realm of proprietary trading, offering aspiring traders an accessible pathway to showcase their skills and potentially reap substantial rewards, regardless of their initial capital constraints.
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