Funded Peaks Standard vs Pro Challenge
Funded Peaks provides two distinct challenge evaluations: Standard and Pro. This caters to a wider range of risk tolerances and trading styles through varying drawdown parameters.
Shared Goals and Risk Management:
Both Standard and Pro evaluations share the same core objectives, ensuring a consistent learning experience:
- Phase 1 Profit Target: Achieve an 8% profit on your starting capital.
- Phase 2 Profit Target: Reach a 5% profit target.
- Daily Drawdown Limit: Maintain disciplined risk management with a 5% daily drawdown limit.
The Drawdown Differentiator:
The key difference lies in the overall drawdown limits:
- Standard Challenge: This evaluation offers a more forgiving 12% overall drawdown limit. This may be suitable for traders who prioritize capital preservation or utilize strategies with potentially higher drawdowns during specific phases.
- Pro Challenge: For traders comfortable with tighter risk parameters, the Pro Challenge features a stricter 10% overall drawdown (based on equity/balance). Additionally, the Pro Challenge is cost-effective compared to other challenges offering the same profit-to-drawdown ratio, making it cheaper than most competitors with similar offers.
Considering a Faster Path?
For traders seeking a potentially faster route to a funded account, Funded Peaks also offers the Rapid Challenge – a single-stage evaluation. Here’s a brief overview:
- Profit Target: Achieve a 10% profit target.
- Maximum Daily Loss: 3%.
- Maximum Overall Loss: 6% trailing.
- Features: Allows news trading and weekend holding.
Choosing Your Path:
Funded Peaks empowers you to choose the challenge that best aligns with your individual risk tolerance and trading approach. This flexibility allows aspiring funded traders to pursue their goals within a structured environment that complements their specific trading style.
Explore Your Options:
Visit the Funded Peaks website to explore a detailed comparison of the Standard, Pro, and Rapid Challenge options and determine which evaluation best suits your trading goals and risk tolerance.
