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What are the Rules for the 1 Step "Flash" Challenge Account?

An overview of the Rules for the Challenge account.

Todd Hodges avatar
Written by Todd Hodges
Updated today

Profit Target and Risk Management

  • Profit Target: Achieve a 10% profit from your initial balance

  • Minimum Profitable Trading Days: At least 3 profitable trading days are required to proceed to the next phase — [More Information here]

Equity Shield Risk Management Tool: If your daily loss exceeds 2% on open trades for any one symbol, or 2.5% across all symbols, Equity Shield will automatically close your trades in most cases to protect your account.

To learn more how it works, kindly refer to our [Equity Shield article here]


Trading Rules

Trading Period : Unlimited — no time limit to complete

Inactive Rule : You must place a trade at least once every 30 days (Hard breach) — [More Information here]

Stop-Loss: Required for each trade unless an add-on is purchased (soft breach) — [More Information here]

Expert Advisors (EAs): Allowed during the challenge, but must be your own unique EA. You cannot use the same EA as other traders placing identical trades — [More Information here]

Prohibited Strategies: Ensure you do not violate any prohibited trading strategies — [More Information here]


Simulated Funded Account : Payout and Maximum Trailing Drawdown Rules

When you withdraw your profits from your 1-Step account, Top One Trader will also withdraw its share of the gains. After withdrawal, your maximum drawdown will be lock at your Initial balance and remain static regardless of future growth in your account.

To learn more How Payout and Maximum Trailing Drawdown works, kindly refer to our articles below :


Trading Platforms & Specifications

Platforms Available: Match Trader, Trade Locker, cTrader and Platform 5

Special Note for cTrader & Platform 5 Users:

  • cTrader strictly prohibits U.S. traders. Any trader accessing cTrader from a U.S. IP address will have their account immediately hard breached.

  • Platform 5 is currently not available for traders in the United States, Canada, U.S. Outlying Territories, or Puerto Rico


Assets Available: Available instruments can be found here. No stocks are available for trading.


Leverage:

  • FX: 10:1

  • Metals: 10:1

  • Oils & Indices: 10:1

  • Cryptocurrencies: 2:1


For any questions or assistance, feel free to contact our support team at [email protected]

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