To successfully pass the fundedpeaks challenge phase 1, you must achieve a profit target of 8%.
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For example:
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If you have a 100k account then you must achieve a profit of $8000. This must be closed profit and the balance and equity on the account must be above 8%.
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Once you have achieved this & completed the minimum trading days, your phase two account will be issued automatically.
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Please note - any violation which happens after you achieve the target will result in the account being violated.