Olympus Challenge Rules
Application of Terms and Conditions The provisions of this Schedule are subject to, and form part of, the Terms and Conditions – Technology Access and Trader Assessment Program (Terms) as provided and agreed to by you on establishment of your Account. Unless expressly stated otherwise, the provisions of this Schedule prevail in the event of any discrepancy between them and the Terms. Available Assessment Programs.
Standard Challenges
Simulated challenge sizes:
$5,000, $10,000, $25,000, $50,000, $100,000, $200,000, $300,000.
Swing Challenges
Simulated challenge sizes:
$5,000, $10,000, $25,000, $50,000, $100,000, $200,000, $300,000.
Notional Net Profit means the notional value that can be attributed to the representative value of the net positions of your Trades for
each Trading Period.
Rules | Phase 1 | Phase 2 | Simulated Funded |
Max Daily Loss | 5% | 5% | 5% |
Max Loss | 10% | 10% | 10% |
Profit Target | 8% | 5% | No |
Max Trading Days | Unlimited | Unlimited | Unlimited |
Min Trading Days | 5 days | 5 days | 5 days |
Profit Consistency | No | No | Yes |
Lot Size Rule | No | No | Yes |
Profit Cap | No | No | Yes |
Leverage | 1:100 | 1:100 | 1:50 |
Profit Split | No | No | Up to 90% |
First Withdrawal | No | No | 30 Days |
News Trading | Yes | Yes | No |
Weekend Holding | No | No | No |
Inactivity Period | 30 Days | 30 Days | 30 Days |
Expert Advisors | Yes | Yes | Yes |
Copy Trading | Not Allowed | Not Allowed | Not Allowed |
Rules | Phase 1 | Phase 2 | Simulated Funded |
Max Daily Loss | 5% | 5% | 5% |
Max Loss | 10% | 10% | 10% |
Profit Target | 8% | 5% | No |
Max Trading Days | Unlimited | Unlimited | Unlimited |
Min Trading Days | 5 days | 5 days | 5 days |
Profit Consistency | No | No | Yes |
Lot Size Rule | No | No | Yes |
Profit Cap | No | No | Yes |
Leverage | 1:30 | 1:30 | 1:30 |
Profit Split | No | No | Up to 90% |
First Withdrawal | No | No | 30 Days |
News Trading | Yes | Yes | Yes |
Weekend Holding | No | No | Yes |
Inactivity Period | 30 Days | 30 Days | 30 Days |
Expert Advisors | Yes | Yes | Yes |
Copy Trading | Not Allowed | Not Allowed | Not Allowed |
- The Profit Consistency Rule applies to all trading activities during the Assessment Period and/or Trading Period. For the purposes of this
- The Lot Size Rule applies to all trading activities during the Assessment Period and/or Trading Period. For the purposes of this Schedule.
- The Assessment Period and Assessment Criteria may comprise either 1 or 2 parts. If it comprises 1 part, then you must satisfy the stated
- All Access Fees published in this Schedule of Assessment Programs and Fees are exclusive of relevant taxes or other statutory or
- Hedging Between Accounts Definition: Using 2 different trading accounts to open opposing trades on the same instruments with the
- Rules for withdrawals: The first withdrawal can only be requested after 30 days of being a live funded trader.
- No and Yes: No means that the feature is not allowed under any circumstances. Yes, means that the feature is allowed, subject to certain
- Grid Trading Definition: Establishing multiple buy and sell orders, typically at equal intervals or “grid gaps” above and below the current
- Prohibit Trading Practices in the Funded Stage: Tick Scalping, High-Frequency trading, Latency Arbitrage, Account Management, Reverse
- *High Impact News trading: News trading is permitted, however, any profit generated during the 4-minutes window either side of the