We have updated some of the rules for our Lightning Challenge program. These changes apply only to accounts purchased on or after 18 February. All accounts purchased before 18 February will continue to follow the previous rules.
This article highlights the key changes so you can clearly understand the updated Lightning Challenge structure.
1. Minimum Trading Days
Previously, there were no minimum trading day requirements in both the evaluation and funded stages.
Under the updated Lightning Challenge rules:
Traders must complete a minimum of 3 trading days during the evaluation stage
Traders must also complete a minimum of 3 trading days during the funded stage
A trading day is defined as a 24-hour period (UTC) in which at least 0.5% profit is made
2. Maximum Drawdown
Previously, the maximum drawdown was 5% static for each stage.
Under the new rules:
Maximum drawdown is 5% trailing during the evaluation stage
Maximum drawdown is 5% trailing during the funded stage
3. Profit Split Structure
Previously, traders received a fixed 70% profit split in the funded stage.
Under the new rules:
First payout: 50% profit split
Second payout: 60% profit split
Third payout and onwards: 70% profit split
4. Stop Loss Requirement
Previously, stop loss was not mandatory in either stage.
Under the new rules:
Stop loss is mandatory in the funded stage
Traders must set a stop loss within the first minute of placing a trade
5. Consistency Rule
Previously:
Evaluation stage: less than 40%
Funded stage: less than 20%
Under the new rules:
Evaluation stage: less than 30%
Funded stage: less than 15%
6. Account Reset
Previously:
Account reset was available in the evaluation stage only
No reset option in the funded stage
Under the new rules:
No account reset is available in the evaluation stage
Account reset is available in the funded stage
7. Partial Trade Closing
Previously, there was no rule regarding partial trade closing.
Under the new rules:
Partial closing of trades is not recommended in the Lightning Challenge
These updates are designed to improve risk management, ensure fair trading practices, and create a more structured path for traders.
If you need any further assistance, feel free to contact our support team.