Mini pepper is a classic two-stage challenge with the ability to scale up to €500,000
| Cost of the programme | €29 |
| Trading account size | €4K |
| Profit sharing starts at | 80% |
| Profitable days, min. | 3 |
| Drawdown max. | daily 5.5% total 11% |
| Profit goals | 7.5% for Step 1; 5% for Step 2 |
| Number of accounts, max | 1 |
| Trading period max. | Unlimited |
| Trading platform | MetaTrader 4.0 |
| Assets | Forex, Indices, Metals, Stocks, Commodities |
| Leverage | 1:100 |
The scaling programme involves adding capital to the account. After two consecutive closed, profitable months, the capital will increase by 10% of the account, reaching €500,000.
| Min. profit level | 7.5% |
| Max. total drawdown | 11% |
| Max. drawdown | daily 5,5% |
| Min. profitable trading days | 3 |
| Trading period | Unlimited |
| Min. profit level | 5% |
| Max. total drawdown | 11% |
| Max. drawdown | daily 5,5% |
| Min. profitable trading days | 3 |
| Trading period | Unlimited |
Stop-Loss is not required.
Expert Advisors can be used.
Overnight and over the weekend can be held.
Depending on programme profit sharing starts from 60% to 90% for the trader.
A profitable day is defined as a day on which the account balance increases by 0.5% from the previous day's balance.
After successfully completing two challenges, the trader receives a refund which will count towards the first payout.
Withdrawals are available 14 days after receipt of the funded account, then 14 days after the last withdrawal.
Copying other traders' signals / accounts is prohibited.
An inactive account is an account with 14 days of no trading activity.
If the account reaches a daily loss of 5,5% of the balance (2.5% on Jalapeño), it will be closed. The daily loss is based on the previous day's equity as of 00:00 server time.
Trading of important news (with high market impact) 2 minutes before and 2 minutes after is prohibited. Trading during the news is considered a violation, the first time the trader receives a warning, the second time the account is closed.