You will find all information related to our Express Challenge and our Express Hantec Trader Account.
Profit Target - 10%
This is the required profit in order to pass the Express Challenge. Your balance must have a 10% increase over starting balance with no open positions. There is no profit target in the Express Hantec Trader account.
Maximum Daily Loss - 5%
You may not lose more than 5% of your account per day.
At 00:00 Server time, your daily loss limit is calculated for the next day based on the higher of your balance or equity.
Examples:
| End of day Balance | End of day Equity | Permitted Daily Loss | Permitted Loss Level |
| $10,000 | $10,000 | $500 | $9,500 |
| $10,500 | $10,300 | $525 | $975 |
| $10,500 | $10,700 | $535 | $10,165 |
Maximum Total Loss - 6%
You may not lose more than 6% of your account in total. This is based on your starting balance and will trail your closed balance. Once 6% balance increase over starting balance is achieved, your maximum total loss will lock at your starting balance.
| Balance | Equity | Permitted Loss Level |
| $100,000 | $100,000 | $94,000 |
| $104,000 | $105,000 | $98,000 |
| $110,000 | $107,000 | $100,000 |
Hold Over Weekends - Allowed
Holding over the weekend is permitted on both Challenge and Hantec Trader accounts.
Please be aware of the risks associated with weekend holding. Markets my experience gaps over the weekend and typically liquidity is thinner when markets open for the week causing spreads to be wider than usual. We advise you to manage risk more cautiously during these times.
There is no minimum required days in order to pass the Express Challenge.
Maximum Trading Period - None
There is no maximum trading period for the Express Challenge.
News Trading
There is no restrictions during the Challenge phase.
For Hantec Trader Accounts, you cannot open or close trades 3 minutes before red folder news events as per Forex Factory.
Maximum Open Risk
There is no restrictions during the Challenge phase.
For Hantec Trader Accounts, you cannot risk more than 3% of your balance. This includes both closed losses and floating positions.
Stop Losses
We do not require stop losses for both Challenge and Hantec Trader accounts.
Please note: We advise the use of stop losses. In some cases your stop loss may not fill at specified price due to market slippage.
Expert Advisors
You are allowed to use Expert Advisors in both the Challenge and Hantec Trader account stages as long as they do not breach our prohibited strategies as found HERE.
Weekend Crypto Trading
Traders are welcome to trade cryptocurrencies over the weekend on both Challenge and Hantec Trader accounts.
Please note: You can keep up to date with server maintenance in our Discord under 'Trading Updates'.
Permitted Strategies
Please refer HERE to find a full list of our trading rules.
Payouts
Your first reward can be requested 14 days after you have placed your first trade. The default profit split is 80%.
When placing your first withdrawal, your maximum total loss will lock in at your starting balance and remain here for the duration following. We therefore suggest leaving a sufficient buffer.
Example: You have a $50,000 account and you achieved $3,000 in profit. You request $2,000 withdrawal, therefore your new balance will be $51,000 with a maximum total loss of $50,000. You have $1,000 available in buffer.
Based on a $50,000 account:
| Balance | Withdrawal | Buffer |
| $53,000 | $2,000 | $1,000 |
| $55,000 | $5,000 | $0 |
| $60,000 | $2,000 | $8,000 |
Add Ons
The following Add Ons are available for Express Accounts:
95% Reward Share - This increases your split from 80% to 95%.
Weekly Payout - This reduces your payout cycle to 7 days, standard is 14 days.
Profit Target (-2%) - This reduces the profit target during Challenge stage from 10% to 8%.
Max Drawdown (+2%) - This increases your Maximum Total Loss from 6% to 8%. This will also lock in at starting balance once you have achieved 8% in profits.
Scaling
Once you have completed the Express Challenge, you can select whether to access your Hantec Trader Account with same balance, or can opt to Scale up. You will then receive new Challenge credentials with the next available account size.
Inactivity - 30 days
At least one trade should be placed every 30 days. If no trade is placed, this will constitute a hard breach and your account will deactivated.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article