The ONE Challenge

The One Challenge is designed for traders who:

• Are looking to access funding in a shorter period compared to the 2-step challenges.
• Can consistently produce profitable results while adhering to strict risk management criteria.

The profit target for The One Challenge is 8%.
This means you must achieve 8% of the initial balance to successfully meet the profit target.

Example: For a $100,000 account, the balance must reach $108,000—an increase of $8,000 (8%).

The maximum daily loss for The One Challenge is 4%.
Your account balance must not drop below 4% of the initial balance or equity (whichever is higher) at the start of the trading day.

Example: For a $100,000 account, the balance must not fall below $96,000—a decrease of $4,000 (4%).

The maximum loss for The One Challenge is 8%.
Your account balance must not drop below 8% of the initial balance at any time during the funding process.

Example: For a $100,000 account, the balance must not fall below $92,000—a decrease of $8,000 (8%).
Please note: This drawdown is trailing, as explained in the FAQ below.

The Maximum Drawdown Level is trailing, meaning it moves upward as your account balance grows and never decreases.

When you request a withdrawal, your new account balance will be closer to the drawdown breach level. To avoid triggering a breach, ensure you maintain sufficient funds in your account to accommodate your maximum drawdown limit.

Example:
For a $100,000 account with an 6% profit ($6,000), your Maximum Drawdown Level adjusts to $98,000. If you withdraw the entire $6,000 profit, your drawdown allowance will reduce to just 2%.
Tip: To maintain flexibility and minimize risk, we recommend keeping at least a 4% drawdown allowance.

For funded trading accounts:

• During the first 30-day period (starting from when your account becomes active), you must trade for a minimum of 10 days to be eligible for a payout.
• After your first payout, this rule becomes obsolete.
  Note: To keep your account active, you must place at least one trade every 30 days. Failure to do so will result in an account breach.

At House of Leverage, we offer five funding levels:

• $10,000
• $25,000
• $50,000
• $100,000
• $200,000

Note: All figures are in U.S. dollars (USD).

Yes! You can copy trades from any of your other accounts (both within House of Leverage and external accounts) to your House of Leverage account.

Conditions:

• The copied trades must originate from an account in your name.
• Copying trades from external parties, either manually or with an EA, is prohibited and will result in a breach of contract.

• Your first payout can be requested after 30 days.
• Subsequent withdrawals can be requested every 14 days thereafter.

Lot Size Calculation Method:
To ensure consistency and prevent excessive risk-taking, we use the following steps to calculate and regulate lot sizes:

Calculate Average Lot Size:
We review trades within a specified period to determine the average lot size for each asset class.
Determine Maximum Allowed Lot Size:
The maximum allowable trade size is set at twice the calculated average lot size.
Example:

Before: A trader typically trades 0.5 lots.
Average Lot Size: 0.5 lots.
Maximum Allowed Lot Size: 1.0 lot (double the average).
Now: The trader begins trading 5 lots.
Analysis: This represents a 900% increase in lot size (from 0.5 to 5 lots), far exceeding the 1.0 lot maximum. This behavior is considered “gambling,” and profits from such trades may be forfeited.
Maximum Trade Profit Rule:
To maintain balanced profitability and mitigate risk, no singular trading setup can contribute more than 25% of your cumulative profits.

Example:

Cumulative Profits: $10,000.
Maximum Allowable Profit per Trading setup: $2,500.
If a trade’s potential profit exceeds $2,500, adjust the position size accordingly to comply with the rule.
Steps to Ensure Compliance:

Risk-Adjusted Position Sizing:
Before entering a trade, calculate its potential profit to ensure it does not exceed 25% of cumulative profits.
Adjust position size, stop-loss, and take-profit levels to remain compliant with this rule.
These measures are designed to promote disciplined trading and ensure account stability.

The leverage for our accounts is as follows:

• Indices: 1:10
• Metals: 1:18
• Forex: 1:100
• Crypto: 1:2

Yes, Expert Advisors (EAs) are allowed.

Prohibited Software Types:

• Martingale systems
• High-Frequency Trading (HFT)
• Tick scalping
• Arbitrage strategies
• Malicious software designed to exploit the funding process

Using unauthorized or exploitative software may result in account termination.

On our funded accounts, traders must adhere to a maximum 1% risk per trade rule. This ensures that all trading aligns with proper risk management and promotes consistent, disciplined trading practices.

How is the 1% calculated?
The 1% risk is based on the total balance or equity, whichever is higher, at the time of the trade.

Example:

For a $100,000 account, the maximum risk per trade is $1,000.
This rule is in place to protect both the trader’s and the firm’s capital to ensure a sustainable trading environment.

• Allowed: News trading is allowed during all challenge phases without penalty.
• Restrictions: For live funded accounts, trades must not be placed or closed within 5 minutes before or after high-impact news events (red-folder events).

Violations will result in profit deductions and account termination.

We advise all of our traders to monitor news events carefully.

At House of Leverage, we understand that traders employ various strategies, and we aim to be as flexible as possible. However, some strategies are prohibited to ensure stringent risk management. The following strategies are not allowed:

• Arbitrage
• Grid Trading
• Martingale/DCA/Layering:
  • Martingale/DCA is defined as adding additional positions while in a losing trade, regardless of whether the lot size remains the same or is adjusted.
  • Having multiple additional positions while in drawdown is strictly prohibited due to the gambling nature of these strategies.
  • One additional position may be entered while in drawdown, but further trades will result in forfeiture.
  • Entering additional trades while in profit is permitted.

Yes, we implement a maximum lot rule on our accounts. The maximum lot sizes are as follows:

Metals: 10 lots per $100,000
Forex (FX): 40 lots per $100,000
Use these figures to calculate the maximum lot size allowed for your selected account size. Any trades placed above this limit will not be counted and may result in a breach of the account.

The daily drawdown across all of our account types resets at 5PM EST every day. This aligns with market rollover. Please note that the Daily Drawdown limit for accounts is calculated based on the previous day’s balance/equity at this time (5PM EST).

Stop losses aren’t required in our challenges, but we highly recommend using them as part of effective risk management strategies.

Yes! To keep your account active, you must place at least one trade every 30 days, starting from the date your account is created. Failure to do so will result in your account becoming inactive and a breach of the account.