PrimePoint Challenge
Our Trademark Funding Process.
Prove your edge and become a PrimePoint Trader.
What is the PrimePoint Challenge?
Designed for all trading styles
A balanced evaluation designed to get you funded for any trading style.
Step 1: Pass the evaluation phases
Choose your account size and begin trading in a fully simulated environment.
Step 2: Pass the verification phase
Continue to trade in a second part evaluation.
Step 3: Trade to hit milestones
Reach trading milestones and take profit.
Challenge Details
- Two phase evaluation.
- Phase 1 target is 8%.
- Phase 2 target is 5%.
- Max drawdown is 10%
- No consistency rule.
- You may not lose more than 5% of the greater of: The day’s starting equity, or The account balance at server midnight.
- Up to 1:100 leverage is available on eligible instruments.
- Accounts with no trading activity for 30 consecutive days will be automatically deactivated.
- Upon passing Phase 1, the account will go over review and if no rules were broken, a Phase 2 account will be issued.
- Trading during news events is permitted; however, all such trades are subject to firm review. Our Risk Management team will monitor these positions to ensure compliance with our risk policies and to identify any speculative or excessive-risk behavior.
- You should not risk more than 1-1.5% of your account balance on any single trade idea.
- No massive changes in lot sizes should be observed.
- Forex pairs, metals, indices, oil products, and cryptocurrencies are all tradable.
- Tradelocker is the official platform for both evaluation and funded accounts for simulated trading. Other platforms such as DXTrade and MT5 is coming soon)
- Profit share ranges from 80% up to 100%, plus a performance based incentive. • First payout eligible as soon as you have 3 profitable days after receiving your funded account • Subsequent payouts are issued bi-weekly (every 14 days). • Each time you scale up, your 14-day payout clock resets.
- Maximum scalable balance in simulated funding is $400 000.
- Your profits must hit the milestones of 10% to be eligible for scaling.
- You must have had 3 profitable days of at least 0.5% of your account balance to be eligible for passing phases and scaling a funded account.
- If subscribed to premium indicators, account will be eligible for bonus payouts.
- If Stellar performance is shown throughout your trading at PrimePoint, you will be invited to join the prismatic traders who benefit from enhanced trading conditions.
Scaling Plan
Everytime you hit the 10% milestone on a simulated funded account, the balance will be increased.
For Higher profit splits, keep an eye out of promotions or purchase an addon when starting an evaluation.
| Account Balance | Balance Target (10%) | Payout Ratio |
|---|---|---|
| $10,000 | $11,000 | 80%/20% |
| $12,000 | $13,200 | 80%/20% |
| $14,000 | $15,400 | 80%/20% |
| $20,000 | $22,00 | 80%/20% |
| $25,000 | $27,500 | 80%/20% |
| $30,000 | $33,000 | 80%/20% |
| $40,000 | $44,000 | 80%/20% |
| $50,000 | $55,000 | 80%/20% |
| $60,000 | $66,000 | 80%/20% |
| $70,000 | $77,000 | 80%/20% |
| $80,000 | $88,000 | 80%/20% |
| $100,000 | $110,000 | 80%/20% |
| $125,000 | $137,500 | 80%/20% |
| $150,000 | $165,000 | 80%/20% |
| $175,000 | $192,500 | 80%/20% |
| $200,000 | $220,000 | 80%/20% |
| $250,000 | $275,000 | 80%/20% |
| $300,000 | $330,000 | 80%/20% |
| $350,000 | $385,000 | 80%/20% |
| $400,000 | - | 80%/20% |