Algo Challenge
Unleash Your Trading Potential with Our Algo Challenge
The 2-Step HFT & EA Challenge at Prop Trade Zone is designed for traders who are proficient in algorithmic and high-frequency trading. This challenge, divided into two phases, offers a dynamic pathway to access substantial trading capital.
Algo Challenge Rules
As you embark on your journey with the Algo Challenge, it’s essential to understand and adhere to the following rules:
Phase 1 and 2 Profit Targets:
Phase 1 Target Profit: 8%
Phase 2 Target Profit: 5%
Achieve these targets in each phase to advance in the challenge.
Drawdown Limits:
Daily Drawdown: 5% in Phase 1, 4% in Phase 2
Max Drawdown: 10% in both phases
Adhering to these limits is crucial for effective risk management.
Leverage:
Up to 1:100 in both phases, enhancing your trading capabilities.
Expert Advisors and High-Frequency Trading:
Expert Advisors (EAs): Permitted in Phase 1, Not in Phase 2
High-Frequency Trading (HFT): Allowed in Phase 1, Not in Phase 2
Leverage these tools in Phase 1 to optimize your trading strategies
Minimum Trading Days:
Phase 1: At least 10 days
Phase 2: At least 5 days
This ensures sufficient time to execute your trading strategies.
Payout Frequency:
Every 21 days for the first and second payouts, then every 14 days Regular payouts to reward your trading success.
Benefits of the Algo Challenge
The 2-Step HFT & EA Challenge offers numerous benefits to enhance your trading experience:
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Account Sizes:
Ranging from 15k to 200k, suitable for various trading approaches.
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Market Access:
Trade Forex, Metals, Oil, Indices, Stocks, and Cryptocurrencies.
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Profit Split:
Starting at 60%, increasing to 80% for subsequent payouts.
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Weekend Holding:
Option to keep trades open over the weekend with prior notification.
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News Trading:
Specific guidelines for trading around major news events.
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Lot Size Flexibility:
Maximum lot size up to 100% more, minimum 75% less than standard.
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Use of EA and HFT in Phase 1:
Leverage the power of Expert Advisors and High-Frequency Trading in the initial phase of the challenge.
Start Your Advanced Trading Journey
The 2-Step HFT & EA Challenge at Prop Trade Zone is tailored for traders skilled in using advanced trading strategies and tools. This challenge provides a structured and supportive environment to demonstrate your abilities and earn the chance to trade with significant capital. Embark on this advanced trading journey today and explore new opportunities with Prop Trade Zone.
