Moneta Funded’s 2-Step Challenge is a structured evaluation program for traders who want to demonstrate consistency and risk management before receiving a funded account. With a two-phase process, an evaluation phase followed by a verification phase, the program provides traders with a clear pathway toward funding.
Account Size Offerings
$5,000
$10,000
$25,000
$50,000
$100,000
Program Details
| Phase 1 | Phase 2 | Funded |
Profit Target | 5% | 10% | N/A |
Daily Loss | 5% | 5% | 5% |
Max Loss (Static) | 10% | 10% | 10% |
Minimum Profitable Days | 3 Days | 3 Days | 3 Days |
Time Limit | Unlimited | Unlimited | Unlimited |
Leverage | 1:100 | 1:100 | 1:100 |
Profit Split | N/A | N/A | 88% |
Payout Frequency | N/A | N/A | 14 Days |
Trading Objectives
Phase 1
To pass Phase 1, traders must:
Achieve a 5% profit target on the account
(for example, $5,000 on a $100,000 account)Generate profits across a minimum of 3 trading days
Follow all trading rules and risk limits
Phase 2
To pass Phase 2, traders must:
Achieve a 10% profit target on the account
(for example, $10,000 on a $100,000 account)Generate profits across a minimum of 3 trading days
Follow all trading rules and risk limits
Funded Account Payouts
Once both phases have been completed successfully and all trading rules have been followed, traders may request payouts of $100 or more every 14 days.
Challenge Fee Refund:
You are eligible to receive a full refund of your initial Challenge registration fee after successfully reaching your 4th payout on the same challenge account.
Account Violations
Daily Loss Limit
The maximum loss within any 24-hour period is 5% of your balance or equity, whichever is higher.
While the Daily Loss Limit is calculated based on your Balance or Equity, whichever is higher, a violation occurs if your Equity drops below the calculated Breach Level.
Example:
For a $100,000 account, a 5% Daily Loss Limit means the breach level would be $95,000.
Your Equity must not fall below $95,000 within a single day.
Maximum Loss Limit (Static)
The maximum cumulative loss across all trading days is 10% of balance or equity, whichever is higher.
This limit cannot be used within a single trading day. Exceeding this limit (including floating losses) will result in an account breach.
While the loss limit is calculated based on your Balance or Equity, whichever is higher, a violation occurs if your Equity drops below the calculated Breach Level.
Example:
For a $100,000 account, your equity must not fall below $90,000 across all trading days.