Below, you’ll find the key rules and answers to common questions. For full details, please refer to our Trading Rules and FAQ.
Risk Limits
Daily Loss
You may not lose more than 3% of your account value per day.
At 17:00 EST (market rollover), your Daily Loss Limit is recalculated based on the higher of:
- Your Balance (excluding open trades)
- Your Equity (including open trades)
Example: If your Balance is $10,000 and your Equity is $10,500 at 17:00 EST, the Daily Loss Limit for the next day will be 3% of $10,500 = $315.
Static Drawdown
Your maximum loss is limited to 6% of your starting balance. This is calculated as a static loss from your original starting balance.
Example: With a $10,000 starting balance, your account can’t drop below $9,400.
Risk per Trade Idea
You may not risk more than 2% of your starting account balance on any single trade idea for accounts of $50,000 and below, and no more than 1.5% for accounts of $100,000 and above. A trade idea includes all open positions on the same instrument in the same direction (Buy or Sell). Closing and reopening a position in the same direction on the same instrument within 10 minutes is treated as the same trade idea and does not reset the limit. Exceeding this limit will result in a hard breach.
Profit Target
The One-Phase Crypto Challenge has one stage: achieve 10% profit to complete the challenge.
Example: With a $10,000 account, you need to make $1,000 to pass the challenge.
Payouts
One-Phase Crypto offers payouts every 7 days — you can withdraw your profit as soon as you meet these conditions:
- Your net profit must reach at least 1.5% of your starting balance.
- You must have completed a minimum of 7 trading days (at least one trade opened per day).
Once these are met, you can request a payout at any time from your dashboard.
How to request a withdrawal:
- Verify you meet the payout qualifications and close all active trades before requesting your withdrawal.
- Go to your dashboard and choose your preferred withdrawal method.
- Choose the amount.
Minimum Trading Days
You must complete a minimum of 7 trading days during the challenge phase. A trading day counts only when you open at least one new trade — holding positions from previous days does not count.
Prohibited Practices and Strategies
Certain strategies and behaviors are not allowed and may result in account termination or profit removal. This includes:
- One-sided bets
- Grid trading
- High-frequency trading (trades under 60s or excessive volume)
- Copy trading between unrelated accounts
- Usage of public third-party expert advisors
- Reverse trading and group hedging
- Group copying/Account management
- Account churning (Rolling)
- Exploiting system glitches
- Exploiting inefficiencies of trading platforms
For detailed definitions and examples, see our Trading Rules.
News Trading
News trading is enabled by default on all One-Phase Crypto accounts. You are free to open and close trades around major economic events. However, news straddling or any execution designed to gain an unfair advantage is not permitted.
Holding Rules
You may hold trades both overnight and through the weekend. No add-on is required for weekend holding.
Instrument Commissions
The following commissions apply exclusively to One-Phase Crypto accounts:
| Instrument | Commission per lot |
| Crypto | $1 |
Instruments
One-Phase Crypto gives you access to an extended range of crypto instruments. You can trade the following symbols:
| Symbol | Description |
| ATMUSD | Cosmos vs US Dollar |
| AXSUSD | Axie Infinity vs US Dollar |
| BATUSD | Basic Attention vs US Dollar |
| CHRUSD | Chromia vs US Dollar |
| COMUSD | Compound vs US Dollar |
| CRVUSD | Curve DAO vs US Dollar |
| DSHUSD | Dash vs US Dollar |
| ENJUSD | Enjin vs US Dollar |
| EOSUSD | EOS vs US Dollar |
| ALGUSD | Algory Project vs US Dollar |
| GRTUSD | Graph vs US Dollar |
| XTZUSD | Tezos vs US Dollar |
| INCUSD | 1inch vs US Dollar |
| KNCUSD | Kyber Network vs US Dollar |
| LRCUSD | Loopring vs US Dollar |
| MKRUSD | Maker vs US Dollar |
| NERUSD | Near Protocol vs US Dollar |
| SKLUSD | Skale vs US Dollar |
| SNXUSD | Synthetix vs US Dollar |
| SXPUSD | Solar vs US Dollar |
| XLMUSD | Lumens vs US Dollar |
| BTCUSD | Bitcoin vs US Dollar |
| BCHUSD | Bitcoin Cash vs US Dollar |
| ETHUSD | Ethereum vs US Dollar |
| LTCUSD | Litecoin vs US Dollar |
| ADAUSD | Cardano vs US Dollar |
| ECHUSD | Enjin Coin vs US Dollar |
| BNBUSD | BNB vs US Dollar |
| DOGEUSD | Dogecoin vs US Dollar |
| DOTUSD | Polkadot vs US Dollar |
| SOLUSD | Solana vs US Dollar |
| TRXUSD | TRON vs US Dollar |
| XRPUSD | XRP vs US Dollar |
Account Limits
You can hold multiple One-Phase Crypto accounts. However, the combined starting balance across all your accounts in all programs must not exceed $940,000.
Scaling does not count toward your limit — only starting balances are used.
Scaling
Scaling is currently not available for the One-Phase Crypto.
Inactivity
If no trades are placed within 60 days of your account purchase or after the last trade, your account will be automatically closed.