TLDR: Traders qualify for a 15% reward from the Challenge once they withdraw a total of 10% of their account size in the FundedNext Account. This reward is only available for the Futures Legacy Challenge, not the Rapid Challenge.
The 15% reward from the Challenge is an extra benefit provided to traders who pass the Futures Legacy Challenge and continue trading in a FundedNext Account. It is designed to reward traders who consistently perform well and reach meaningful withdrawal milestones.
How Does the 15% Reward from the Challenge Work?
Once a trader withdraws a total of 10% of their account size, they become eligible for the 15% Reward.
Example: A trader with a $50,000 FundedNext Account qualifies for the 15% Performance Reward after withdrawing $5,000 in total.
Calculating the 15% Performance Reward from the Challenge
Let's consider a trader with a $50K Challenge with a $2,500 profit target.
After the trader meets the profit target, the 15% Performance Reward is calculated based on the profit target listed for the Challenge.
So, when the trader passes the Challenge and the 10% total Reward withdrawal condition is met, the trader will receive an additional $375 as their 15% Performance Reward from the Challenge with their next withdrawal from the FundedNext Account.
Note: The 15% Performance Reward will not be applicable for the FundedNext Futures Rapid Challenge.