Forex Evaluation - X-1 Step

Forex Evaluation - X-1 Step

The Tradexprop X-1 Step Forex Evaluation is a straightforward assessment designed to qualify traders for a funded account through a single-step process. To pass the evaluation successfully and become funded, a trader must achieve a profit target of 10%. Importantly, there is no time constraint to complete this evaluation, offering traders flexibility as long as they consistently follow the rules.


Trading Objectives:
  • Achieve 10% Profit Target (Evaluation Phase)
  • Adhere to Daily Loss Limit and Maximum Drawdown
  • Adhere to trading rules and prohibited trading rules
  • Adhere to 45% Consistency Rules

Key Features:

  • No stop-loss requirement.
  • Hold trades over the weekend 
  • Hold trades overnight
  • Max Static Drawdown
  • Profit Spilt up to 80%
  • Leverage up to 50:1

Trading Instrument

  • Leverage for Optimized Trading
  • Forex & Metals – Up to 50:1
  • Indices – Up to 10:1
  • Oil – Up to 5:1
  • Cryptocurrencies (BTCUSD, BCHUSD, ETHUSD, LTCUSD) – Up to 2:1

(Leverage subject to broker availability and changes)

  • Available Trading Platform:
  • DxTrade
  • cTrader
  • MatchTrader

Article - The Right Trading Platform for You


Evaluation Phase
Funded Phase
Evaluation Phase

1. Unlimited Evaluation Period

There’s no time limit to complete your X-1 Step Evaluation, giving you full flexibility to trade at your own pace as long as the trader adheres to the trading objectives. 

2. Hard Breach vs Soft Breach

Hard Breach: A hard breach constitutes a critical violation of fundamental rules. This includes:

  • Exceeding the Daily Loss Limit (5%).
  • Exceeding the Maximum Static Drawdown (6%).
  • Engaging in Prohibited Trading Activities.
  • Maintaining Account Inactivity for 30 Consecutive Days.

The consequence of a hard breach is immediate failure of the evaluation or account termination.

Soft Breach: A soft breach involves violating less critical guidelines. This includes:

  • Manually Placing Trades Within the 3-Minute Window Surrounding Significant News Releases.

When a soft breach occurs, any trades executed in violation of this rule will be immediately closed. Note that at certain levels, repeated or severe soft breaches may also result in account termination.

Learn More on Forex Trading Rules and Prohibited Trading Articles

3. Consistency Rules 

To pass the evaluation, your best trading day must not exceed 45% of your total profit target.

Notes

Formula for Consistency Score = (Best Trading Day ÷ Total Profit Target) x 100

Threshold: Must be ≤ 45% to pass the evaluation

Notes
Formula for Profit Target Readjustment (if threshold is breached) = (Best Trading Day ÷ 45) x 100

Example:

Suppose your evaluation profit target is $8,000, and your best trading day shows a profit of $4,000.

Consistency Score Calculation: ($4,000 ÷ $8,000) x 100 = 50%

That means your best day accounts for 50% of your total profits — which exceeds the 45% threshold resulted to readjusted profit target.

Adjusted Profit Target Calculation:

($4,000 ÷ 45) x 100 = $8,888.89

You will need to continue trading until you reach the new adjusted target. This ensures the account is not passed based on a single outsized day.

Funded Phase

1. Getting Funded Account

Upon passing your Evaluation, you will receive an email with instructions on how to access and complete both your “Know Your Customer” verification and your “Trader Agreement”. Once both are completed and supporting documentation is provided, your Funded Account will be created and issued to you typically within 1-2 working days. You will receive a confirmation email once this account is being enabled. Learn More

2. Trading Rules

The rules for the Funded Account are the same as your Evaluation account. However, with a Funded Account, there is no profit target.

3. Instant First-Time Payout & Bi-Weekly Payout

Once you start trading, your first payout is available instantly upon meeting eligibility criteria. After that, payouts can be requested bi-weekly, ensuring continuous access to your profits.Profit withdrawal eligibility is determined by your consistency score.

4. Consistency Rules - Funded Phase

To qualify for a payout, your best trading day must not exceed 45% of your total profits.

Once a payout is successfully processed, your best trading day and cumulative total profit will reset.

Notes

Formula for Consistency Score = (Best Trading Day ÷ Total Profits) x 100

Threshold: Must be ≤ 45% to be payout eligible.

Example Table:

Day

Profit for the Day

Cumulative Total Profit

Consistency Score

Payout Eligibility

1

$500

$500

100%

No

2

$500

$1,000

50%

No

3

$500

$1,500

33.33%

Yes

4

$2,000

$3,500

57.14%

No

5

$1,000

$4,500

44.44%

Yes

Interpreting the Example:

This example illustrates a trader who becomes eligible for a payout on Day 3 after maintaining a Consistency Score of 33.33%. However, the trader chooses to continue trading and earns a large $2,000 profit on Day 4, pushing the Consistency Score to 57.14% — making them ineligible for payout at that point.

By Day 5, with another $1,000 added in profit, the trader brings their Consistency Score back within the 45% threshold (now 44.44%), becoming eligible for payout once again.

5. Supported Withdrawal Methods:

Crypto Payouts via Columis (ERC-20) : USDC, ETH, BTC

FIAT Payouts: Processed via our trusted partner, Riseworks

Learn more on Withdrawal Profit


💬 Need Assistance?

Our support team is here to help! If you encounter any issues or have questions about our payment process, feel free to reach out via:

📞 Live Chat – Instant support from our team.

📧 Email Support – Contact us at support@tradexprop.com

🤝 Discord Community: Join Here

 


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