How do the three challenge models compare?
…Two-Step (2 phases), One-Step (1 phase), and Instant (funded immediately, no target).…
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“One-Step”
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What is the profit target?
…Two-Step: 8% then 5%. One-Step: 10%. Instant has no profit target.…
Read articleWhat is the maximum loss? Static vs trailing
…l loss from your starting balance. Two-Step is static; One-Step and Instant are trailing.…
Read articleProfit targets and minimum trading days
Targets by model and how many days you must trade before passing.
Read articleWhat leverage does each model use?
…Two-Step 1:100; One-Step and Instant 1:30.…
Read articleWhat are the minimum trading days?
…Two-Step and One-Step require 3 trading days per phase; Instant requires 5 qualifying days.…
Read articleWhat happens to my account after a payout?
…It resets for a fresh cycle; One-Step and Instant keep any profit you did not withdraw.…
Read articleOne-Step challenge rules
One phase, target 10%, daily loss 3%, max loss 6% (trailing), 3 trading days.
Read articleHow do phases and progression work?
Phase 1 to Phase 2 is automatic; becoming funded is reviewed.
Read articleWhat is the daily loss rule?
The most your equity may fall in one day from that day starting balance. Breaching it fails the account.
Read articleWhat is Fandora Funded?
A simulated prop-trading firm: pass an evaluation (or start Instant), trade a funded account, and withdraw your profit in crypto.
Read articleWhat is the maximum risk per trade?
On Instant accounts, combined open floating risk per trading idea must stay at or below 1%.
Read articleWho is eligible for a payout?
Funded and instant accounts only; instant also needs qualifying days and consistency.
Read articleHow do payouts work?
Choose crypto, receive 80% of profit, reviewed and sent within 24 hours, with a payout certificate.
Read articleWhen can I request a payout?
Funded accounts every 14 days (7 with the add-on); Instant once its requirements are met.
Read articleWhat is the maximum margin usage?
Used margin must stay at or below 80% of equity. Going over warns you, then breaches after a 5-minute grace period.
Read articleTwo-Step challenge rules
Phase 1 target 8%, Phase 2 target 5%, daily loss 5%, max loss 10% (static), 3 trading days per phase.
Read articleHedging, margin, stop-loss and other conduct rules
Hedging is banned; margin over 80% and missing stop-losses warn then breach; some behaviour is reviewed manually.
Read articleIs a stop-loss required?
Yes on funded and Instant accounts. A missing stop-loss warns you, then breaches after a 2-minute grace period.
Read articleInstant account rules
Funded from day one, no target, daily loss 3%, max loss 6% (trailing), plus consistency and qualifying-day rules for payout.
Read articleWhat is the inactivity rule?
An account with no trading activity for 30 days may be closed.
Read articleIs hedging allowed?
No. Opposing buy and sell on the same instrument, or across your own accounts, breaches the account.
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