The Trading Pit introduces its upgraded forex products

News
23 January 2023

The Trading Pit continuously seeks ways to improve its trading environment, giving everyone the best support to reach their full potential and grow as successful partners. Therefore, we are proud to introduce our enhanced and upgraded line of forex products, improving our client’s overall trading experience and reward system.

The new upgraded forex challenges have been renamed Executive and VIP, with the Executive Challenge starting with 10,000 euros of available account balance; meanwhile, the VIP Challenge starts with 20,000 euros. This change means the new Forex packages have up to 4X more available account balances for each level. In addition, this update gives our clients a chance for substantial payouts every time they reach a profit target and the ability to scale up to a 1M account balance.

The profit split percentages for the Executive and VIP forex Challenges are now up to 80%, giving our clients a more significant reward percentage throughout the scaling plan. In addition, all challenges will have a duration of 90 days, from previously 60 days.

After the upgrade, the scaling plan will have lesser levels, giving our clients fewer but more rewarding steps through their trading journey. For example, the Executive Challenge will contain 11 levels in the scaling plan, and the VIP Challenge will have 10. Before the upgrade, the scaling plans consisted of 15 levels.

We made significant improvements in the percentage targets with the maximum Drawdown and daily Drawdown in the scaling plans of Executive and VIP, as follows:

  • The Profit Target for all levels is 10% for the Executive and VIP.

  • The Daily Drawdown for the first level is 3% for the Executive and 2.5% for VIP.

  • The Daily Drawdown for the second level is 2.5% for the Executive and 2% for VIP.

  • The Daily Drawdown from the third level to the last level is 2% for the Executive.

  • The Daily Drawdown from the second level to the last level is 2% for the VIP.

  • Max Trailing Drawdown for the first and second levels is 10% on Executive.

  • Max Trailing Drawdown is 10% only for the first level on VIP.

  • Max Trailing Drawdown from the third level to the last level is 5% On Executive.

  • Max Trailing Drawdown from the second to the last level is 5% on VIP.

Previously our traders could earn €239,750 by completing the final 15th step of the Expert scaling plan. With our new upgrade to the Forex package, traders taking the VIP challenge can now generate €297,300 in just achieving the 10th step.

 

Choose your new Forex Challenge