What is the My Flash Funding Two-step challenge? How much funding can you get? Learn all about it in this post.
What is the My Flash Funding Two-step challenge? How much funding can you get? Learn all about it in this post.
My Flash Funding offers a unique two-step 100k challenge to traders. You’ll need to achieve a 6% profit target and maintain a 4% daily loss limit.
The maximum loss threshold is 8% in the challenge.
There are no limits regarding the trading days.
In the My Flash Funding 100k challenge, all you have to do is accomplish the 6% profit milestone while avoiding crossing the daily loss limit.
Once you have completed the two-step challenge, you no longer need to meet the 6% profit target.
Here’s a more detailed overview of the program:
Account Size | 100k |
Phase 1 Profit Target | 6% |
Drawdown Method | Static |
Trading Days Limit | No Limit |
Max. Leverage | 1:100 |
Scaling | Yes |
Max Total Drawdown | Yes |
Copy Trading | Yes |
Profit to Drawdown Ratio | 1:067 |
Weekend Holding | Yes |
Broker(s) | MT5 |
MyFlashFunding presents traders with a choice between two distinctive programs:
MyFlashFunding’s evaluation account approach unfolds in two phases, designed to identify steadfast and disciplined traders while offering leverage of up to 1:100. Let’s delve into the specifics of each phase:
Phase One:
In the initial phase of evaluation, traders are tasked with reaching a 6% profit milestone. Crucially, they must do so while rigorously adhering to a 4% daily loss limit or an overarching 8% loss threshold. This phase is characterized by its flexibility; there are no mandatory minimum or maximum trading day requirements. Advancing to the subsequent phase is contingent solely upon achieving the 6% profit objective without exceeding the stipulated daily loss parameters.
Phase Two:
In the second evaluation phase, traders face a similar challenge: achieving a 6% profit target while maintaining strict adherence to the 4% daily loss limit and the overarching 8% loss threshold. Like the first phase, there are no constraints regarding the minimum or maximum number of trading days. Transitioning to the fund accounts entails merely accomplishing the 6% profit milestone while upholding fidelity to the maximum daily loss and maximum loss thresholds.
Successful completion of both evaluation phases leads to the grant of a funded account devoid of profit targets. Traders are now obligated to adhere to a 4% daily loss limit and the overarching 8% loss threshold. The initial payout occurs 30 calendar days after the first position enters the funded account. Subsequently, all payouts follow a weekly schedule. The profit-sharing arrangement consists of an 80% split, with gains realized within your funded account forming the basis for this division.