Overview
The 10X Quest is a high-growth challenge designed for aggressive traders seeking rapid scaling.
- Traders must achieve daily equity growth targets to meet overall profit objectives.
- Reward: 10X of the purchase price upon successfully completing the challenge.
- Duration: 14 total days, with at least 10 active trading days required.
This plan is ideal for traders aiming for fast growth and high rewards within a strict timeframe.
Frequently Asked Questions
What is the 10X Quest?
The 10X Quest is a high-growth trading challenge. Traders aim to achieve 10% overall growth, broken into 1% growth per active trading day over 10 trading days. Successful completion rewards 10X the purchase price.
How long do I have to complete the challenge?
Traders have 14 total days, including weekends and non-trading days, but must trade at least 10 active trading days.
What is the profit target?
The overall target is 10% growth on the account equity, achieved as 1% growth per trading day.
Are there any drawdown limits?
A 10% drawdown limit applies to all Quest programs.
Are EAs and automated strategies allowed?
Yes, as long as they do not violate prohibited trading practices. This includes avoiding:
- HFT, arbitrage, grid/martingale
- Copy Trading
Can I hold trades overnight and over the weekend?
Yes. Weekend and overnight holdings are permitted.
Is news trading allowed?
Yes, traders can trade during news events without restrictions.
Is a Stop Loss required?
Yes. A stop loss must be placed within 3 minutes of opening a trade. Two violations = soft breaches.
What is considered HFT or prohibited trading?
Trades closed in less than 60 seconds are considered HFT. Two occurrences = soft breach. Copying other traders is prohibited.
What is the stacking/grid rule?
Maximum 1 trade per instrument per direction are allowed. Exceeding this = hard breach.
Is copy trading allowed?
No, copying trading or signals is prohibited.
When do I receive my payout?
Payout is after meeting all target conditions, including 1% daily growth for each trading day.
How often can I request payouts?
Payouts are one-time, according to the total reward after completing the challenge. Processed within 24 hours.
What is the minimum payout?
Payout corresponds to the reward: 10X of the purchase price.
Is there a profit cap?
No. There is no profit cap in this challenge.
Do I get a refund?
No refunds are provided for this challenge.
Are there consistency or lot-size rules?
No. There are no consistency or lot-size restrictions.
