EnhancedX (2 Step Consistency)

Modified on Tue, 12 May at 4:29 PM

You will find all information related to our Enhanced X Challenge and our Enhanced X Hantec Trader Account.

Profit Target - 8% and 4%
This is the required profit in order to pass the EnhancedX Challenge. Your balance must have a 8% increase over starting balance with no open positions to pass Stage 1, to pass Stage 2 you need to achieve 4%. There is no profit target in the EnhancedX Hantec Trader account.

Maximum Daily Loss - 4%
You may not lose more than 4% 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 BalanceEnd of day EquityPermitted Daily LossPermitted Loss Level
$100,000$100,000$4,000$96,000
$105,000$103,000$4,200$100,800
$105,000$107,000$4,280$102,720



Maximum Total Loss - 8%
You may not lose more than 8% of your account in total. This is based on your starting balance and will remain static for the lifetime of the account.


Consistency - 45%
The consistency requirement is 45% and is based on end of day (00:00 server time) equity.

The consistency score is calculated: (Best Trading Day's Profit / Total Profit) *100

This means that your best trading day's profit based on equity at the end of day must not exceed 45% of total profits. Should you achieve the profit required but not meet consistency, you will need to continue trading without increasing your best trading day until consistency is achieved.


Examples:

Profit TotalBest Day TradingConsistency Score
$8,000$3,00037.5%
$8,000$4,50056.25%

 


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.

Minimum Trading Period - None
There is no minimum required days in order to pass the EnhancedX Challenge but consistency rules must be met.

Maximum Trading Period - None
There is no maximum trading period for the EnhancedX  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%.

Add Ons
The following Add Ons are available for EnhancedX 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.
Remove Consistency from Stage 1 & Stage 2- This removes the 45% consistency during the Challenge phase, consistency will still apply during the EnhancedX trader account.
Max Drawdown (+2%) - This increases your Maximum Total Loss from 8% to 10%.

Scaling
Once you have completed the EnhancedX 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.

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