What are the profit targets and breach limits for Phase 1 and Phase 2?

The IC Funded challenge is structured into two distinct phases, each with its own set of objectives and limitations. During Phase 1, participants are tasked with achieving a profit target of 10%. However, they must carefully manage their trading activities and risk management to ensure they do not exceed the daily loss limit of 5% or the maximum loss limit of 10% of their initial account balance.

Progressing to Phase 2, the requirements slightly shift, focusing on a profit target of 5%. Despite the reduced profit goal, the daily and maximum loss limits remain consistent with Phase 1, at 5% and 10% respectively.

• Phase 1:
  • Profit Target: 10%
  • Daily Breach: 5%
  • Maximum Breach: 10%
• Phase 2:
  • Profit Target: 5%
  • Daily Breach: 5%
  • Maximum Breach: 10%