Bybit: 1-Phase Challenge
The Bybit 1-Phase Challenge offers a streamlined, single-phase evaluation designed for traders who want to achieve funding efficiently. This program allows you to demonstrate your trading skills on the Bybit platform while following X-Funded’s risk management rules. Trading Objectives: Achieve a 10% profit target of initial account size. Complete a minimum of 5 trading […]
Bybit: 2-Phase Challenge
The Bybit 2-Phase Challenge is a structured, two-step evaluation designed to assess consistency, discipline, and risk management. Traders complete both phases on the Bybit platform to qualify for funding. Trading Objectives Phase 1: Achieve a 8% profit target of initial account size. Complete a minimum of 5 trading days. Follow all trading rules and […]
Is a Stop Loss Required?
At X-Funded, the use of a stop loss depends on the account type. Challenge Accounts: A stop loss is optional. Funded Accounts: A stop loss is mandatory and must be placed within 5 minutes after opening a trade. Once placed, you are free to modify the stop loss at any time. Instant Funded Accounts: A […]
Is There a Maximum Risk per Trade?
There is no maximum risk limit on challenge accounts. However, on funded accounts, the maximum risk allowed per trade is 1% of the initial account balance. Opening multiple positions at approximately the same time, in the same direction, and on the same instrument will be considered one single trade when calculating risk. Risk Calculation Formula: […]
Is There a Consistency Rule?
All funded accounts are subject to a mandatory Consistency Rule. If this threshold is exceeded, you will be unable to request a withdrawal until your consistency falls below the necessary Consistency Rule of each account type. There is no consistency rule applied to all challenge accounts. X-Funded 1-Phase Zero Account – No consistency rule X-Funded […]
Can I Trade During High-Impact News Events (Red Folders)?
You are allowed to trade during high-impact news events on challenge accounts. However, on funded accounts, trading is not allowed 10 minutes before and 10 minutes after a high-impact news release. Forex Factory is used as our official source for the economic calendar. Example 1: Related Currency A high-impact USD news event is scheduled […]
How Can Slippage Occur?
Slippage is the difference between the expected price of a trade and the actual price at which the trade is executed. It usually occurs during periods of high market volatility, such as major economic news releases that impact currencies. During these moments, prices can change rapidly, resulting in execution at a different price than anticipated.
What Is Market Rollover?
Rollover refers to the process of holding a trading position from one trading day to the next. When this happens, the position is effectively carried over into the new trading day at the updated market rate. The rollover process occurs automatically and may result in temporary price fluctuations or widened spreads on certain instruments. In […]
Swap Rates / Overnight Fees
On cTrader and MT5, you can view details such as contract size and swap rates directly within the platform. To access this information: Select the instrument you want to view. Click “Info” or “Specification.” Select “Details” to see the relevant information, including the contract size and applicable swap rates.
How To Log In To My cTrader Account?
If You Already Have a cTrader Account Log in using your email via one of the following cTrader applications: cTrader Web, IOS, Android, Windows, Mac. (click here to download) After logging in, your trading account will appear in the account drop-down menu located in the upper right corner of the cTrader platform. If You Do […]