Please note that all accounts we provide to our clients are demo accounts with fictitious funds and any trading is in a simulated environment only. For more information, please feel free to visit our FAQ section.
The 1 Step Challenge offers a straightforward path to qualify for a Simulated Funded Account. Your goal is simple: reach a 10% profit target while respecting all trading rules and risk parameters. Pass the challenge, and you’ll move on to the simulated funded environment where payouts await.
Profit target 10%
Example: Sarah (cTrader ID #78432) starts the challenge with a $100,000 account. To Pass the Challenge, she needs to generate $10,000 in profit, bringing her total balance or equity to $110,000 while staying within the rules.
Daily Drawdown – 4%
What does this mean?
Sarah’s daily equity must not fall below 4% of her initial balance, regardless of account growth.
How is it calculated?
Each new trading day, 4% of the original account balance is subtracted from the highest equity reached that day.
Example – Sarah starts the challenge with Initial balance: $100,000
Maximum Drawdown – 6%
What does this mean?
This is the absolute minimum your balance or equity can reach during the challenge.
Example – Sarah starts the challenge with balance of $100,000, her maximum loss limit is 6% = $6,000. If at any time her balance or equity drops to $94,000 or below, her challenge will be closed.
Trade on at least 5 different days during the challenge. These do not need to be consecutive, but you must avoid 30 days of inactivity—otherwise, your challenge will be closed.
Upon Success
Once you pass the challenge and your trading activity is reviewed for compliance, you’ll receive a certificate of completion, and we’ll initiate your KYC verification to move you into the Simulated Funded Account phase.
*Please note Challenge accounts are reviewed by our trading team between the hours of 9- 5 PM EST Monday – Friday. With that in mind, if you pass the challenge on the weekend, it will be reviewed on Monday.
Payouts – Profit Split
Sarah receives an 80% profit split.
Example: If Sarah earns $5,000 in simulated profits, she will receive $4,000 as her payout.
R1 London Ltd
45 Fitzroy Street
London W1T 6EB United Kingdom
R1 London Ltd
45 Fitzroy Street
London W1T 6EB
United Kingdom
All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. The website is own and managed by R1 London Ltd (“the Company”). The Company is not engaged in providing any investment services as defined in the Capital Market Undertakings Act No. 256/2004 Coll. R1 London Ltd does NOT function as a broker and does not accept deposits. The technology solution for the Simulated accounts and trading platforms, including the data feed, is provided by third-party data providers.
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