Step Reward Plan | 10-Level Trading Challenge by ParoxFX
In this plan, traders start their journey by purchasing a $10,000 trading account and trading under a defined set of risk management rules.
The objective of each level is to achieve a 10% profit target.
Once the trader successfully reaches the target, they advance to the next level and receive a reward based on the payout table.
However, if the trader violates the risk rules at any stage, the challenge will be permanently failed.
Challenge Rules
- Initial Balance: $10,000
- Profit Target per Level: 10%
- Maximum Daily Drawdown: 10%
- Maximum Overall Drawdown: 10%
- Total Levels: 10
- Any drawdown violation will result in challenge failure.
A Different Reward System
Unlike traditional prop firm models, rewards in this plan are not directly based on the trading account profit.
Instead, each completed level unlocks a fixed reward according to a predefined payout table, and these rewards increase progressively as the trader advances through higher levels.
The further you progress, the larger your rewards become.
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Who Is This Plan For?
Thanks to its low entry cost, this plan is ideal for traders who want to:
- Start prop trading with a smaller budget
- Test and improve their risk management skills
- Earn rewards step-by-step
- Experience progressive growth without purchasing expensive challenges
Key Features
✔ Low-Cost Entry
✔ Exciting Multi-Level Structure
✔ Reward After Every Completed Level
✔ Progressive Reward Growth
✔ Designed for Ambitious and Risk-Aware Traders