To excel in the 1- Step Prime Challenge, it’s important to adhere to the following rules:
Minimum Trading Days :
Traders are required to trade for 3 days. A trading day refers to a day when at least one trade is executed (opening or closing a position) to participate in the market.
Maximum Trading Days :
There are no maximum trading days for completing the challenge.
Daily Loss Limit :
Traders are allowed a maximum daily loss limit of 4% of the previous day’s closing balance
To get more information regarding the daily loss limit, kindly click here (Link to be Added –
https://holaprimex.com/faqs/general-faqs/how-is-the-daily-loss-limit-calculated/
Maximum Overall Loss Limit :
The overall maximum loss permitted is 6% of the initial account balance. This means the account balance or equity cannot drop below 94% of the initial balance at any time.
To get more information regarding the maximum total loss limit, kindly click here (Link to be added –
https://holaprimex.com/faqs/general-faqs/how-is-the-profit-target-calculated/
ProfitTarget :
Traders need to achieve a profit of 9% of the initial account balance.
To get more information regarding the profit target, kindly click here (Link to be added –
https://holaprimex.com/faqs/general-faqs/how-is-the-profit-target-calculated/
Inactivity Period :
An account should not be inactive for 30 consecutive calendar days.
