What is the Supertrade 2-Phase Challenge?
The 2-Phase Challenge is an evaluation designed to test traders' skills before granting them access to a funded account.
It consists of two stages:
- Phase 1: Traders must hit an 8% profit target while staying within the firm’s risk parameters, including a maximum drawdown of 10%.
- Phase 2: The goal is to maintain consistency and reach a 5% profit target with the same risk limits.
After passing both phases, traders receive a fully funded account and can start earning real profits.
What is Instant Funding?
Instant Funding allows traders to bypass the evaluation process and start trading with firm capital immediately. Instead of proving profitability through a challenge, traders pay a fee to access up to $100K funded account right away.
Which funding model is better?
It depends on the trader’s preference and experience:
- Choose Instant Funding if you want to start trading immediately without a challenge.
- Choose the 2-Phase Challenge if you prefer a lower-cost entry and are confident in passing the evaluation to access even larger capital.
What happens if I fail the challenge?
If you fail the challenge by exceeding drawdown limits or not reaching the profit target within the given timeframe, you’ll need to restart the challenge by paying a new entry fee. Traders should always focus on improving their strategy before attempting again.
How much capital can I manage with Supertrade?
Successful traders can manage up to $100K in firm capital, with opportunities to scale as they demonstrate consistent profitability.