Monevis Challenge - Phase 1
- Achieve a 4% profit target 
Monevis Challenge - Phase 2
- Achieve a 4% profit target 
Monevis Challenge - Phase 3
- Achieve a 4% profit target 
Monevis Challenge Trading Rules and Requirements
- Drawdown Type: Balance Based (static) - Highest Equity/Balance EOD 
- Challenge Time: No maximum trading days, trade at your convenience 
- Inactivity Time: 30 days 
- Maximum Running Days: 45 days 
- Weekend Holding: Allowed 
- EAs (Expert Advisors): Allowed 
- News Trading: Allowed (Only on Challenge Accounts) 
- Swap Free Account: Yes 
- Leverage: 1:50 (FX), 1:20 (Metals) - Ability to upgrade to 1:75 (FX), 1:30 (Metals) 
Violations
Any breach of the above rules will lead to account termination. To rejoin, start fresh with a new trading account in the program.
