In order to pass Phase 1 of our challenge, you will need to meet the below conditions:
Made 10% of the initial virtual balance
Not violated either the virtual daily or virtual max drawdown rule
The period for meeting the objectives of phase 1 is unlimited
Close all active trades in your Phase 1 account once all objectives have been met.
If the above conditions have been met, you will then be able to advance Phase 2 of the Challenge.