FundedNext has shared an enticing new add-on, Increase Drawdown Limit by 2%, tailored exclusively for the Stellar Lite Challenge.
FundedNext has shared an enticing new add-on, Increase Drawdown Limit by 2%, tailored exclusively for the Stellar Lite Challenge.
FundedNext has shared an exciting new add-on, Increase Drawdown Limit by 2%, tailored exclusively for participants of the Stellar Lite Challenge.
The Increase Drawdown Limit by 2% promises to elevate trading flexibility for traders, providing them with a strategic advantage in navigating the challenge’s rigorous evaluation process.
The Stellar Lite Challenge, renowned for its two-phase evaluation system, imposes distinct profit targets and stringent risk management parameters on participants. In Phase 1, traders have to achieve an 8% profit target, while Phase 2 requires a 4% profit target. Crucially, to safeguard against excessive risk, daily drawdown and maximum drawdown limits are capped at 4% and 8%, respectively.
Moreover, traders must adhere to a minimum trading day requirement of 5 days to qualify for funded status, ensuring a commitment to active participation throughout the challenge.
Also, upon successful completion of the Stellar Lite Challenge, participants stand to benefit from an attractive profit split arrangement, with FundedNext offering an enticing 80% profit share. Payouts are bi-weekly, providing traders with regular rewards for their trading prowess and dedication.
So, they are excited to introduce this innovative add-on designed to empower traders with greater flexibility and tailored support as they embark on the Stellar Lite Challenge. So, by enhancing drawdown limits, they aim to equip participants with the tools they need to navigate the challenge successfully and unlock their full trading potential.
With its commitment to fostering trader success and innovation in the realm of proprietary trading, FundedNextcontinues to solidify its position as a leading provider of opportunities for aspiring traders. Traders eager to seize the benefits of the “Increase Drawdown Limit by 2%” add-on can do so immediately, gaining a valuable edge in their pursuit of trading excellence within the Stellar Lite Challenge.
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