10X Quest – Complete FAQ

Overview

The 10X Quest is a high-growth challenge designed for aggressive traders seeking rapid scaling.

• Traders must achieve daily equity growth targets to meet overall profit objectives.
• Reward: 10X of the purchase price upon successfully completing the challenge.
• Duration: 14 total days, with at least 10 active trading days required.

This plan is ideal for traders aiming for fast growth and high rewards within a strict timeframe.

Frequently Asked Questions

1. What is the 10X Quest?

The 10X Quest is a high-growth trading challenge. Traders aim to achieve 10% overall growth, broken into 1% growth per active trading day over 10 trading days. Successful completion rewards 10X the purchase price.

2. How long do I have to complete the challenge?

Traders have 14 total days, including weekends and non-trading days, but must trade at least 10 active trading days.

3. What is the profit target?

The overall target is 10% growth on the account equity, achieved as 1% growth per trading day.

4. Are there any drawdown limits?

There is no daily drawdown on this challenge, but a 10% maximum drawdown applies (based on account equity). Traders must also follow stop loss and other risk rules.

5. Are EAs and automated strategies allowed?

Yes, as long as they do not violate prohibited trading practices. This includes avoiding:

• HFT, arbitrage, grid/martingale, tick scalping
• Copying other traders or signals

6. Can I hold trades overnight and over the weekend?

Yes. Weekend and overnight holdings are permitted.

7. Is news trading allowed?

Yes, traders can trade during news events without restrictions.

8. Is a Stop Loss required?

Yes. A stop loss must be placed within 3 minutes of opening a trade. Two violations = soft breaches.

9. What is considered HFT or prohibited trading?

Trades closed in less than 60 seconds are considered HFT. Two occurrences = soft breach. Copying other traders or signals is prohibited.

10. What is the stacking/grid rule?

Maximum 1 trade per instrument per direction is allowed. Exceeding this = hard breach.

11. Is copy trading allowed?

No. Copying other traders or signals is prohibited.

12. When do I receive my payout?

Payout is after meeting all target conditions, including 1% daily growth for each trading day.

13. How often can I request payouts?

Payouts are one-time, according to the total reward after completing the challenge. Processed within 24 hours.

14. What is the minimum payout?

Payout corresponds to the reward: 10X of the purchase price.

15. Is there a profit cap?

No. There is no profit cap in this challenge.

16. Do I get a refund?

No refunds are provided for this challenge.

17. Are there consistency or lot-size rules?

No. There are no consistency or lot-size restrictions.

Rules & Requirements (Full Breakdown)