Challenge accounts Size and Fee structure:

Accounts Size ---------- Fee

$5000 ------------------ $49

$10000 ----------------- $94

This is a one-time fee. It is subject to change at any time by Next Phase Funded. After finishing the challenge and getting your Third payment, the fee will be refunded to you.

Maximum Daily Loss: 5% of the account balance.

Neither the Evaluation Trader's account balance nor account equity may decrease by more than 5% of the Closing Balance of the preceding Trading Day during any Trading Day in the Reference Period (23:00:00 CET to 22:59:59 CET the following day). The Daily Drawdown Rule refers to this.

For instance, in the event that a trader's closing balance on the previous Trading Day was $10,000, neither their equity nor balance can fall to or below $9,500 in the next Trading Day, as this would result in a $500 loss (5% of $10,000).

Maximum over all loss: 10% of the account balance.

No account balance or account equity of the Evaluation Trader may drop to or below 10% of the account balance at the beginning of the Phase at any point during The Funded Trader Program. The Max Drawdown Rule is the name for this.

As an illustration, if a trader purchases an account for $100,000, neither their equity nor their balance can ever fall to or below $90,000.

Next Phase funded reserves the right to terminate the trader's account without providing a refund if the trader is not active for 30 days. This is to make sure our dashboard and trade servers are operating at peak efficiency and to reallocate resources.

Maximum profit target for phase one is 4%

To complete Phase 1 and progress to Phase 2, the trader must achieve a total profit of 4% of the initial account capital with all positions closed and without breaking any rules set out in these Terms and Conditions.

NO TIME LIMIT,

The trader has unlimited time to complete the challenge. However, a minimum of 3 trading days are required to progress to the next evaluation stage (Phase-2) if all other requirements have been met.

Maximum Daily Loss: 5% of the account balance.

Neither the Evaluation Trader's account balance nor account equity may decrease by more than 5% of the Closing Balance of the preceding Trading Day during any Trading Day in the Reference Period (23:00:00 CET to 22:59:59 CET the following day). The Daily Drawdown Rule refers to this.

For instance, in the event that a trader's closing balance on the previous Trading Day was $10,000, neither their equity nor balance can fall to or below $9,500 in the next Trading Day, as this would result in a $500 loss (5% of $10,000).

Maximum overall loss: 10% of the account balance.

No account balance or account equity of the Evaluation Trader may drop to or below 10% of the account balance at the beginning of the Phase at any point during The Funded Trader Program. The Max Drawdown Rule is the name for this.

As an illustration, if a trader purchases an account for $10,000, neither their equity nor their balance can ever fall to or below $9,000.

Next Phase funded reserves the right to terminate the trader's account without providing a refund if the trader is not active for 30 days. This is to make sure our dashboard and trade servers are operating at peak efficiency and to reallocate resources.

Maximum profit target for phase two is 5%

To complete Phase two and progress to the next evaluation stage (Phase-3) the trader must achieve a total profit of 5% of the initial account capital with all positions closed and without breaking any rules set out in these Terms and Conditions.

NO TIME LIMIT,

The trader has unlimited time to complete the challenge. However, a minimum of 3 trading days are required to progress to the Phase-3 stage if all other requirements have been met.

Maximum overall loss: 10% of the account balance.

No account balance or account equity of the funded Trader may drop to or below 10% of the account balance at the beginning of the Phase at any point during The Funded Trader Program. The Max Drawdown Rule is the name for this.

As an illustration, if a trader purchases an account for $10,000, neither their equity nor their balance can ever fall to or below $9,000.

Maximum overall loss: 10% of the account balance.

No account balance or account equity of the funded Trader may drop to or below 10% of the account balance at the beginning of the Phase at any point during The Funded Trader Program. The Max Drawdown Rule is the name for this.

As an illustration, if a trader purchases an account for $10,000, neither their equity nor their balance can ever fall to or below $9,000.

Next Phase Funded reserves the right to terminate the trader's account without providing a refund if the trader is not active for 30 days. This is to make sure our dashboard and trade servers are operating at peak efficiency and to reallocate resources.

Maximum Daily Loss: 5% of the account balance.

Neither the funded account balance nor account equity may decrease by more than 5% of the Closing Balance of the preceding Trading Day during any Trading Day in the Reference Period (23:00:00 CET to 22:59:59 CET the following day). The Daily Drawdown Rule refers to this.

For instance, in the event that a trader's closing balance on the previous Trading Day was $10,000, neither their equity nor balance can fall to or below $9,500 in the next Trading Day, as this would result in a $500 loss (5% of $10,000).

Maximum overall loss: 10% of the account balance.

No account balance or account equity of the funded Trader and instant Account may drop to or below 10% of the account balance at the beginning of the Phase at any point during The Funded Trader Program. The Max Drawdown Rule is the name for this.

As an illustration, if a trader purchases an account for $10,000, neither their equity nor their balance can ever fall to or below $9,000.

Next Phase Funded reserves the right to terminate the trader's account without providing a refund if the trader is not active for 30 days. This is to make sure our dashboard and trade servers are operating at peak efficiency and to reallocate resources.

The Trader shall employ the same tactic when funded as he did throughout the challenge. Refusing a withdrawal is possible if there is a notable shift in behaviour after funding that indicates a modification in trading approach. NPF will be the only one to decide this.

Any guidelines outlined in the Responsible Trading Policy must not be broken by the trader. Account termination will occur for violating any of the following rules: Daily Drawdown, Max Drawdown, Inactivity, or Trading Behaviour.

If a trader violates the Responsible Trading Policy, their funded account balance may be reset, their profit split may be temporarily reduced to 25%, their withdrawal request may be denied, their scaling request may be denied, and in severe cases, their account may be terminated. Next Phase Funded will have the last say over the decision.

Next Phase Funded holds the right to modify Challenge Account policies at any time. We always reserve the right to cancel your account if we later find that you have violated any of our terms and conditions. You will not be eligible for a refund if this occurs.

In order to be eligible for a withdrawal, EVERY single one of the following needs to be fulfilled:

For the trader to make their first withdrawal on their immediate account, they must have been funded for a minimum of 14 calendar days (funded Status).

Account Age is the term for this.

Trading earnings will thereafter be distributed every two weeks if the Funded Trader satisfies the payout standards.

It is required that the trader hasn't made any withdrawals from this account during the last 14 days.

There must have been no regulations infringed by the trader that were outlined in these Terms and Conditions.

The trader's account balance will be deducted from the withdrawal once it is requested. Next Phase Funded will provide the trader with fresh account login credentials and restore the account balance to its initial value. Trading on the new account is still possible for the trader.

You will not succeed in the challenge if you go over the 5% daily loss cap or the 10% total loss cap. Re-entering the challenge requires paying the refundable cost once more.

You will get 80% of your profits when you are on challenge account and funded status.

Sure, if you complete the challenge and get your third pay-out, your afee will be refunded.

In 3 step challenge, News is allowed.