Monevis Challenge - Phase 1
Achieve a 10% profit target
Monevis Challenge - Phase 2
Achieve a 5% profit target
Monevis Challenge Trading Rules and Requirements
Drawdown Type: Balance Based (static)
Challenge Time: No maximum trading days, trade at your convenience
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.