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. 

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

 

Swing Challenges  

Simulated challenge sizes:  

$5,000, $10,000, $25,000, $50,000, $100,000, $200,000, $300,000.

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

 

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.  

3. The Profit Consistency Rule applies to all trading activities during the Assessment Period  and/or Trading Period. For the purposes of this  

Schedule. To satisfy the Consistency Rule: (a) if only Assessment Phase 1 (Evaluation)  applies then no single trade can account for 50% or  

more of your total Required Return or total Target Return; or (b) if both Assessment Phase 1  (Evaluation) and Assessment Phase 2  

(Verification) applies then no single trade can account for 50% or more of your total  Required Return or total Target Return. The  

cumulative profit from trades within a single day should not exceed 30% of the total  required or target return. 

4. The Lot Size Rule applies to all trading activities during the Assessment Period and/or  Trading Period. For the purposes of this Schedule.  

To satisfy the Lot Size Rule your average trade size is used to calculate your trading range.  The range is determined by adding 100% to  

your average trade size to determine the maximum value and subtracting 75% to determine  the minimum value. Note trades are  

aggregated when placed within a 30 second window into one position for the lot size rule.

5. The Assessment Period and Assessment Criteria may comprise either 1 or 2 parts. If it  comprises 1 part, then you must satisfy the stated  

Assessment Criteria within the stated Assessment Period. If it comprises 2 parts, then you  must satisfy the requirements of Phase 1  

(Evaluation) to be eligible to proceed to Phase 2 (Verification) and you must satisfy the  requirements of Phase 2 (Verification) to satisfy  

the Assessment Criteria for your selected Assessment Program. 

6. All Access Fees published in this Schedule of Assessment Programs and Fees are  exclusive of relevant taxes or other statutory or  

regulatory costs. You are responsible for paying any such amounts and the Company may  withhold or recover such amounts from you.  

7. Hedging Between Accounts Definition: Using 2 different trading accounts to open  opposing trades on the same instruments with the  

same lot size at the same time.  

8. Rules for withdrawals Apollo 11 Challenges: The first withdrawal can only be requested  after 14 days of being a live funded trader.  

Following the first withdrawal subsequent withdrawals can be requested after another 14  days.  

Rules for withdrawals Standard Regular and Swing Challenges: The first withdrawal can  only be requested after 30 days of being a live  

funded trader. Following the first withdrawal, a subsequent withdrawal can be requested  after another 14 days. 

9. No and Yes: No means that the feature is not allowed under any circumstances. Yes,  means that the feature is allowed, subject to certain  

conditions.  

10. Grid Trading Definition: Establishing multiple buy and sell orders, typically at equal  intervals or “grid gaps” above and below the current  

market price. These orders are referred to as “grid levels.” When the market price reaches a  grid level, the corresponding buy or sell order 

is executed. The trader maintains these grid levels regardless of the direction of the market,  aiming to profit from the price oscillations  

within the defined range. 

11. Prohibit Trading Practices in the Funded Stage: Tick Scalping, High-Frequency trading,  Latency Arbitrage, Account Management, Reverse  

Arbitrage, Martingale Trading, Grid Trading, Data Feed Manipulation, Use of Delayed Data  Feed.  

12. *High Impact News trading: News trading is permitted, however, any profit generated  during the 4-minutes window either side of the  

news event will be removed. 

13. Refunds on the first withdrawal are only available in Apollo 11 Challenge Accounts. This  refund applies to the first successful withdrawal  

request from Apollo 11 Funded Accounts. Failure to receive the payout on the first request  due to a violation of our rules will disqualify  

the account from receiving a refund for the challenge fee. 

Residency Acknowledgement & Disclaimer  

For the purposes of the Terms and Conditions and this Schedule, Restricted Territories  include Cuba, Iran, North Korea, Myanmar, Russia (or the Crimea, Donetsk, or Luhansk  regions of Ukraine), Somalia and Syria.  

Residency acknowledgement:  

Restricted country passport holders can use our service if they are resident in non restricted countries and have proof of resident visa.