Welcome to your definitive guide to Impulse Challenges. Here, you'll find everything you need to know to choose the perfect challenge that fits your trading style and goals. Let's dive into the exciting world of opportunities Impulse has for you. 🚀
What are Impulse Challenges? 🏆
Impulse Challenges are your gateway to professional trading. They are designed to evaluate your skills, consistency, and discipline in trading. By passing a challenge, you demonstrate that you're ready to manage a funded account in Impulse World.
Types of Challenges 📊
1. Classic Challenges
Duration: 30 days (Phase 1) and 60 days (Phase 2)
Minimum Trading Days: 5 per phase
Profit Target: 6% or 8% (Phase 1), 5% (Phase 2)
Account Sizes: $3,000 - $100,000 (depending on the mode)
Ideal for: Traders who prefer a structured and traditional approach
2. Extensive Challenges
Duration: 60 days per phase
Minimum Trading Days: 5 per phase
Profit Target: 6% or 8% (Phase 1), 5% (Phase 2)
Account Sizes: $10,000 - $100,000 (depending on the mode)
Ideal for: Traders who need more time to develop and test their strategies
3. Unlimited Challenges
Duration: No time limit
Minimum Trading Days: 5
Profit Target: 6% or 8% (Phase 1), 5% (Phase 2)
Account Sizes: $10,000 - $100,000 (depending on the mode)
Ideal for: Traders who value maximum time flexibility
4. One Challenges
Duration: No time limit
Phases: Single phase
Profit Target: 12%, 15%, or 18% (depending on the mode)
Account Sizes: $10,000 - $600,000 (depending on the mode)
Ideal for: Confident traders seeking a faster evaluation process
5. Prime Challenge
Duration: No time limit
Phases: Single phase
Account Size: $1,000,000
Profit Target: 20%
Ideal for: Experienced traders ready for the ultimate challenge
💡 Tip: Choose the challenge that best fits your experience and time availability. If you're a beginner, Classic or Extensive Challenges may be your best option. If you're more experienced, Prime and One are your ideal challenges.
Key Challenge Parameters 🔑
Profit Target: Varies by challenge, from 6% to 20%
Maximum Drawdown: 10%
Daily Drawdown: 5%
Account Sizes: From $3,000 to $1,000,000
Allowed Instruments: Forex, indices, cryptocurrencies, commodities, CFDs, and stocks
Leverage: Up to 1:100 on most financial assets. Discover the leverage for each instrument here.
Challenge Prices 💰
Prices vary based on account size and challenge type. Here are some examples:
Classic 8 ($3,000): $55
Classic 8 ($30,000): $235
One 12 ($100,000): $780
One 18 ($300,000): $1,350
Prime ($1,000,000): $3,500
📌 Note: Detailed prices can be found on our website or within the Impulse Trader App.
How to Choose Your Ideal Challenge 🤔
Assess your experience: Are you a beginner or do you already have trading experience?
Consider your time availability: Can you trade regularly or need flexibility?
Define your financial goals: What account size fits your objectives?
Analyze your trading style: Do you prefer short-term or long-term trades?
Review your budget: Choose a challenge that fits your initial investment.
Add-ons to Customize Your Challenge 🛠️
Swing: Allows trading during weekends (applies only to unlimited time challenges)
Day Extension Pack: Adds 15 or 30 extra days (applies only to classic or extensive challenges)
Go Unlimited: Converts your challenge to unlimited time
Elliott Wave Projection Bulletin: Daily analyses based on Elliott Waves (free for accounts >$60,000)
Next Steps 👣
Carefully review challenge options and associated trading policies, especially Active Account Volume (VCA) policies
Choose the one that best fits your profile and objectives
Register on the Impulse Trader App platform
Acquire your challenge and begin your journey to professional trading
🌟 Remember: Each challenge is an opportunity to grow and improve as a trader. Don't be afraid to try, we are here to support you every step of the way!
Ready to start your journey as an Impulse Trader? Choose your challenge and take the first step towards your professional trading career. If you have any questions, our support team is always ready to help. Success on your path to success at Impulse!
Leverage
Here you can see the leverage available on the MT4 Trading platform.