There is no time limit on challenge accounts.

You are not under time pressure to reach the profit target.

For example, if you enter a challenge with $10,000 and the target is 8% profit, you may reach that target in any timeframe - whether 2 weeks, 1 month, or several months - without any time restriction.

In short, you can continue your challenge whenever you’re ready and reach the final target at your own pace.

If you earn 80% or more of the challenge profit target in a single day — whether in one trade or several — that profit will not be counted toward passing the challenge.

This rule exists because the path to the target must be logical, safe, and based on a real trading strategy, not on high-risk or gambling-like behavior. Reaching 80% of the target in one day indicates a lack of proper risk management and an unsustainable strategy.

Example: if you enter a $10,000 challenge with an 8% target (i.e., $800), and you make $640 (80% of the target) in a single day via one or several trades, this suggests your approach relies on excessive risk — a style that could produce large losses in live trading.

We are looking for real traders with sound, secure strategies, not traders who rely on extreme risk to chase quick wins.Therefore, keep your position sizes reasonable and aim to reach the challenge target across the challenge period with robust risk management and the lowest possible risk.

At ParoxFX, our goal is to identify professional traders committed to solid risk-management principles — not those depending on luck.

At ParoxFX, the daily drawdown is calculated based on the account balance at the first candle of the day (opening balance).

- Example: if your daily drawdown limit is 5% and your opening balance is $10,000, the maximum loss allowed for that day is $500.

- Important: enforcement is based on active equity (Equity), not only on closed trades.

If you close profitable trades during the day, your allowed risk increases accordingly.

- Example: if you have $400 of closed profit during the day, your equity becomes $10,400, so your available risk for that day would be:

$500 (5% of opening balance) + $400 (closed profit) = $900.

The overall drawdown (total drawdown for the challenge) is calculated from the account’s initial balance.

- Example: if your challenge account is $10,000 and the overall drawdown limit is 12%, you are allowed to lose up to $1,200 of the initial capital over the entire challenge.

- This overall drawdown is also enforced using active equity, not only by final closed-trade results.

The purpose of these rules is to balance risk management and trading stability, and to identify consistent, professional traders.

- In the Real Account phase, the trader’s profit share varies by challenge and ranges from 70% to 90%.

- Withdrawal requests can be submitted every Friday, and the withdrawn funds will be credited the same day to your chosen USD wallet at the exchange.

- The first profit withdrawal is allowed only after at least 14 days from the account activation and your first trade, and you must have at least 5 active trading days during that period.

- Upon making the first withdrawal, the fee you paid for the challenge phase will be fully refunded.

- Refunds do not apply to Instant accounts, because Instant accounts do not have a challenge phase and are activated directly.

At ParoxFX, our goal is to balance profitability with capital security so professional traders can benefit from their performance in a transparent and fair environment.

Placing or executing trades at the time of major economic news releases is considered a violation and will result in the disqualification of your challenge.

This rule exists because on real accounts orders may experience requotes and slippage — orders can be delayed, filled at very different prices, or not executed at all.

Because these conditions are not simulated in demo accounts, trading at the exact moment of news produces unrealistic results that do not reflect live market conditions.

Therefore:

1- Buy Stop and Sell Stop orders placed around major news are not guaranteed by brokers and their execution is not covered by our rules.

2- Do not open new trades from 5 minutes before until 5 minutes after major news (high-impact “red” news on the official Forex Street website).

3- If you already have an open trade and you pre-set a Take Profit, it is acceptable if that trade is closed by the preset Take Profit during the news.

4- Between 5 minutes before and 5 minutes after major news, do not set new Stop Loss or Take Profit orders on existing positions, and do not close existing trades manually during that interval.

5- Remember that Stop Loss orders are not guaranteed by brokers during major news; therefore setting or relying on SLs in this window is not acceptable.

Compliance with this rule is mandatory. Our goal is to replicate real market conditions and evaluate traders’ ability to manage risk and deploy real trading strategies — not to allow exploitation of momentary, unrealistic news-time volatility.

In the Real Account phase, if your total monthly trading profit exceeds 10%, then at the start of the following month, 50% of that month’s profit will be added to your account’s starting balance. This allows successful traders to gradually increase their trading capital and grow their account through sound money management.

Conditions for requesting a capital increase:

1- At least 1 month must have passed since the Real Account was activated and your first trade was placed.

2- The trader must have made at least 2 successful profit withdrawals.

3- At the time of the request the account must be in profit and have no open positions.

4- Accounts that were opened directly without a challenge phase are not eligible for this capital increase rule.

5- A repeat request for a capital increase can be submitted only after 3 months from the previous increase.

The purpose of this rule is to reward consistent, low-risk traders who demonstrate reliable performance and proper capital management.

The challenge is designed to identify and onboard real, reliable traders who — after passing the challenge and verification stages — will manage real (company-funded) accounts. Any violation or unprofessional behavior during the challenge or verification phase will result in removal from the program. These violations are actions that either wouldn’t work on real accounts or are unacceptable from a regulatory/banking perspective.

Prohibited Practices

- Hunting: Repeatedly opening and closing positions in intervals of less than 1 minute — whether manually or via automated/expert orders — is prohibited.

- Arbitrage: Exploiting price discrepancies between multiple liquidity providers (especially around news) in a way that invalidates real performance.

- Hedging across multiple accounts: Any hedging that is executed across several accounts and results in artificial or manipulated outcomes is not allowed.

- Abuse of absent slippage/requotes in demo: Taking advantage of the difference in execution conditions between demo and live accounts to produce unrealistic results.

- Market-close / order-gapping abuse: Placing orders at market close to exploit gap behavior at the next session open (e.g., in stocks), which demo pricing does not reflect accurately.

Trading Timing Rules

- Minimum time between actions (open/close/order placement): 61 seconds.

-- There must be at least 61 seconds between opening one position and opening the next.

-- The time from opening a position to closing that position (whether manually or by order) must be at least 61 seconds.

-- Closing a position less than 1 minute after opening it is a violation.

Consequences

- Any breach of the rules above will result in removal from the challenge and verification stages.

- These measures exist because such methods either fail in live accounts or constitute regulatory/banking violations. The company will only entrust capital to traders who are professional, transparent, and risk-aware.

These prop accounts are designed for traders who want complete freedom in strategy and risk. Standard prop rules do not apply to High Risk accounts — only a few specific rules are enforced.

General

- In High Risk accounts, standard prop rules are not enforced — you have full freedom to choose your strategy.

- News trading is allowed.

- Hunting-style positions (opening/closing quickly, under 1 minute) are permitted.

- Rules related to floating risk and the 80% rule do not apply to these challenges.

Restrictive Rule (the only enforced rule)

- Weekly profit withdrawal cap: 5% of the initial capital.

-- If you request a withdrawal in a given week, you may withdraw up to 5% of your initial balance; any amount above that will be deducted.

-- Example: with an initial capital of $10,000, the weekly withdrawal cap is $500. If you request $700, the excess $200 will be removed and $500 will be paid.

Withdrawal condition

- Withdrawals from High Risk accounts cannot be partial. If you choose to withdraw, you must withdraw the entire accumulated profit — partial withdrawals are not allowed.

- Withdrawing is optional; you are not required to withdraw profits. However, if you decide to withdraw, the withdrawal must be for the full accumulated profit.