Evaluation Challenge
Our Evaluation Challenge is designed to help FOREX traders prove their skills and potentially earn a spot as a professional trader with our FOREX Prop Firm. This evaluation process is an excellent opportunity for traders to showcase their talents, gain experience, and try to start a career as a professional forex trader.
How it works
Evaluation
Consolidation
Real Account
The Rules
Phase 1 Profit Target 10%
This is the first stage in our search for profitable traders. Make a 10% profit on your initial account balance and move on to the next stage.
Max Absolute Drawdown 10%
Fixed loss from the Initial Balance (not relative). Formula: Initial Account Size - (10% x Initial Account Size).
Time Limit 30/60 Days
You will have 30 calendar days period to complete the first phase and 60 calendar days period to complete the second phase.
Phase 2 Profit Target 5%
Show us that you are a consistent trader in this second phase. Make a 5% profit and become a RoyalFunded trader.
Max Daily Drawdown 5%
Maximum Loss must not exceed the 5% from start of day account balance. Start of Day Balance - (5% x Start of Day balance)
Minimum Time 10 Days
The Minimum Active Trading Days for Phase 1 is 10 Days and 10 Days for Phase 2. You can become a Royal Funded trader in 20 days only.
Key Strengths
Up to 95% Profit Split
Get paid up to 95% of profits you earn when you become a Royal Funded Trader.
Scale Up to $200,000
Get your funded account up to $200,000 per account with our fast scaling plan.
Get Real Forex Funds
You trade with real money when you become funded. Your trades go directly to our A Book.
Your Fees Back
You will receive a full refund plus your profit split when you reach your first payout.
Free Retry
If you are in Phase 2 and your account has expired without any breach, you get a free retry.
No Trading Restrictions
You can trade high impact news and hold trades overnight and weekend. EA's are allowed.