Transition Between Phases at FXLiveCapital

At FXLiveCapital, our evaluation process is designed to ensure fairness, consistency, and a true assessment of each trader’s skills. One important aspect to understand is how the account balance is handled when you successfully complete the first phase and move on to the verification phase.

When transitioning from the first evaluation phase to the verification phase, the account balance is reset to the original starting balance of your challenge. This means that if you initially purchased a $50,000 challenge, your verification phase will also start with $50,000, regardless of the gains or losses accumulated in the first phase.

For example:

• Initial Challenge: $50,000 starting balance.

• End of Phase 1 Balance: $55,000 (including profits).

• Verification Phase Starting Balance: Reset to $50,000.

This methodology ensures that every trader begins each stage on equal footing, maintaining fairness across all evaluations. It also provides a clear and standardized framework for calculating profit targets, drawdown limits, and other performance metrics for the new phase.

What Profit Target Must I Achieve to Advance Phases, and How Is It Calculated?

To progress through the evaluation phases at FXLiveCapital, you need to meet specific profit targets that vary depending on the program and phase you're in. For instance, in the Boost + program, the targets are as follows:

Challenge Phase (Phase I): 10% profit target. Verification Phase (Phase II): 6% profit target. These objectives are designed to assess your trading skills and risk management abilities.

Calculating Profit To determine the profit percentage relative to the initial balance of the phase, use the following formula:

Profit Percentage (%) = (Profit / Initial Phase Balance) * 100

Practical Example

Suppose you start Phase I with a balance of $10,000 and finish with an equity of $11,000.

1. Calculate Profit:

Profit = $11,000 - $10,000 = $1,000

1. Calculate Profit Percentage:

Profit Percentage (%) = ($1,000 / $10,000) * 100 = 10%

In this scenario, you've achieved the 10% profit target required to complete Phase I.

Additional Considerations It's important to note that international systems typically work with two decimal places and do not round numbers to more decimals.

Understanding these objectives and calculation methods will help you better manage your trading strategies and successfully advance through FXLiveCapital's evaluation phases.