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1. Challenge Phase
2. Evaluation Phase
3. Elite Trader
Challenge Phase
Account balance
$139
Free
Refund
This fee will be refunded to you with the first payout when you successfully become an Elite Trader.
Refund Fee
$139
Free
Refund
This fee will be refunded to you with the first payout when you successfully become an Elite Trader.
Profit Target
$1000
$500
The amount of profit you need to achieve from all closed positions in your trading account during the phase. To advance to the next phase, you must close all open positions while successfully meeting the profit target.
For example:
In the Vantage Elite Challenge, if you're trading with a $10,000 account, your profit goal would be $1,000 (equivalent to 10%) for the Basic account and $2,000 (equivalent to 20%) for the Plus+ account.
Maximum Daily Loss
$500
$500
$500
The overall performance of all closed trades and any open positions should not exceed this limit during any trading day. This daily loss limit is calculated based on your initial account balance.
Here's how it's calculated:
Daily Loss Limit = Initial Account Balance × Daily Maximum Loss Percentage
Example:
A trader has chosen a $10,000 Basic account for the Vantage Elite Challenge. They must adhere to the following rules:
Minimum trading days: 4 days
Maximum daily loss: 5% ($500)
Maximum total loss: 10% ($1,000)
Profit target: 10% ($1,000)
Day 1 | Day 2 | Day 3 | |
---|---|---|---|
Start of Day Account Balance ($) | 10,000 | 11,000 | 10,800 |
End of Day Account Balance ($) | 11,000 | 10,800 | 10,200 |
Max Daily Loss Account Threshold ($) | 9,500 | 10,500 | 10,300 |
Maximum Total Loss
$1,000
$1,000
$1,000
The overall performance of all closed trades and any open positions should not exceed this limit during the entire duration of the phase. This maximum total loss limit is based on your initial account balance.
Minimum Trading Days
4
4
You need to trade on at least four days within the current phase. A ‘trading day’ is any day on which you execute at least one trade.
If you hold a trade across multiple days, only the day on which the trade was opened counts as a trading day.
Total Trading Period
Unlimited
Unlimited
Unlimited
This period spans from the beginning to the end of the trading challenge. The Vantage Elite Challenge offers an unlimited trading period, allowing traders ample time to achieve the profit target.
Challenge Phase
1. Challenge Phase
Account balance
$139
This fee will be refunded to you with the first payout when you successfully become an Elite Trader.
Refund Fee
$139
This fee will be refunded to you with the first payout when you successfully become an Elite Trader.
Profit Target
$1000
The amount of profit you need to achieve from all closed positions in your trading account during the phase. To advance to the next phase, you must close all open positions while successfully meeting the profit target.
For example:
In the Vantage Elite Challenge, if you're trading with a $10,000 account, your profit goal would be $1,000 (equivalent to 10%) for the Basic account and $2,000 (equivalent to 20%) for the Plus+ account.
Maximum Daily Loss
$500
The overall performance of all closed trades and any open positions should not exceed this limit during any trading day. This daily loss limit is calculated based on your initial account balance.
Here's how it's calculated:
Daily Loss Limit = Initial Account Balance × Daily Maximum Loss Percentage
Example:
A trader has chosen a $10,000 Basic account for the Vantage Elite Challenge. They must adhere to the following rules:
Minimum trading days: 4 days
Maximum daily loss: 5% ($500)
Maximum total loss: 10% ($1,000)
Profit target: 10% ($1,000)
Day 1 | Day 2 | Day 3 | |
---|---|---|---|
Start of Day Account Balance ($) | 10,000 | 11,000 | 10,800 |
End of Day Account Balance ($) | 11,000 | 10,800 | 10,200 |
Max Daily Loss Account Threshold ($) | 9,500 | 10,500 | 10,300 |
Maximum Total Loss
$1,000
The overall performance of all closed trades and any open positions should not exceed this limit during the entire duration of the phase. This maximum total loss limit is based on your initial account balance.
Minimum Trading Days
4
You need to trade on at least four days within the current phase. A ‘trading day’ is any day on which you execute at least one trade.
If you hold a trade across multiple days, only the day on which the trade was opened counts as a trading day.
Total Trading Period
Unlimited
This period spans from the beginning to the end of the trading challenge. The Vantage Elite Challenge offers an unlimited trading period, allowing traders ample time to achieve the profit target.
Evaluation Phase
2.Evaluation Phase
Account balance
Free
This fee will be refunded to you with the first payout when you successfully become an Elite Trader.
Refund Fee
Free
This fee will be refunded to you with the first payout when you successfully become an Elite Trader.
Profit Target
$500
The amount of profit you need to achieve from all closed positions in your trading account during the phase. To advance to the next phase, you must close all open positions while successfully meeting the profit target.
For example:
In the Vantage Elite Challenge, if you're trading with a $10,000 account, your profit goal would be $1,000 (equivalent to 10%) for the Basic account and $2,000 (equivalent to 20%) for the Plus+ account.
Maximum Daily Loss
$500
The overall performance of all closed trades and any open positions should not exceed this limit during any trading day. This daily loss limit is calculated based on your initial account balance.
Here's how it's calculated:
Daily Loss Limit = Initial Account Balance × Daily Maximum Loss Percentage
Example:
A trader has chosen a $10,000 Basic account for the Vantage Elite Challenge. They must adhere to the following rules:
Minimum trading days: 4 days
Maximum daily loss: 5% ($500)
Maximum total loss: 10% ($1,000)
Profit target: 10% ($1,000)
Day 1 | Day 2 | Day 3 | |
---|---|---|---|
Start of Day Account Balance ($) | 10,000 | 11,000 | 10,800 |
End of Day Account Balance ($) | 11,000 | 10,800 | 10,200 |
Max Daily Loss Account Threshold ($) | 9,500 | 10,500 | 10,300 |
Maximum Total Loss
$1,000
The overall performance of all closed trades and any open positions should not exceed this limit during the entire duration of the phase. This maximum total loss limit is based on your initial account balance.
Minimum Trading Days
4
You need to trade on at least four days within the current phase. A ‘trading day’ is any day on which you execute at least one trade.
If you hold a trade across multiple days, only the day on which the trade was opened counts as a trading day.
Total Trading Period
Unlimited
This period spans from the beginning to the end of the trading challenge. The Vantage Elite Challenge offers an unlimited trading period, allowing traders ample time to achieve the profit target.
Elite Trader
3. Elite Trader
Account balance
Refund
This fee will be refunded to you with the first payout when you successfully become an Elite Trader.
Refund Fee
Refund
This fee will be refunded to you with the first payout when you successfully become an Elite Trader.
Profit Target
The amount of profit you need to achieve from all closed positions in your trading account during the phase. To advance to the next phase, you must close all open positions while successfully meeting the profit target.
For example:
In the Vantage Elite Challenge, if you're trading with a $10,000 account, your profit goal would be $1,000 (equivalent to 10%) for the Basic account and $2,000 (equivalent to 20%) for the Plus+ account.
Maximum Daily Loss
$500
The overall performance of all closed trades and any open positions should not exceed this limit during any trading day. This daily loss limit is calculated based on your initial account balance.
Here's how it's calculated:
Daily Loss Limit = Initial Account Balance × Daily Maximum Loss Percentage
Example:
A trader has chosen a $10,000 Basic account for the Vantage Elite Challenge. They must adhere to the following rules:
Minimum trading days: 4 days
Maximum daily loss: 5% ($500)
Maximum total loss: 10% ($1,000)
Profit target: 10% ($1,000)
Day 1 | Day 2 | Day 3 | |
---|---|---|---|
Start of Day Account Balance ($) | 10,000 | 11,000 | 10,800 |
End of Day Account Balance ($) | 11,000 | 10,800 | 10,200 |
Max Daily Loss Account Threshold ($) | 9,500 | 10,500 | 10,300 |
Maximum Total Loss
$1,000
The overall performance of all closed trades and any open positions should not exceed this limit during the entire duration of the phase. This maximum total loss limit is based on your initial account balance.
Minimum Trading Days
You need to trade on at least four days within the current phase. A ‘trading day’ is any day on which you execute at least one trade.
If you hold a trade across multiple days, only the day on which the trade was opened counts as a trading day.
Total Trading Period
Unlimited
This period spans from the beginning to the end of the trading challenge. The Vantage Elite Challenge offers an unlimited trading period, allowing traders ample time to achieve the profit target.
You'll receive these tools after subscribing to and paying for the Basic or Plus+ plan on Vantage Elite.