Section 1 – Competition Parameters

1.1 Competition Model

The BloomFunded Competition consists of a 50K Account.

1.2 Trading Guidelines

The Customer must adhere to the following guidelines. Failure to comply may result in the account termination or unsuccessful completion of the challenge.

1-Step Flex Challenge

1.2.1  Daily Drawdown

How is Daily Drawdown (DD) Calculated in the Competition?

In the Competition, the Daily Drawdown is a fixed 5% of your starting balance. This percentage is deducted from the higher of your Balance or Equity at the beginning of each day.

The daily reset occurs at 17:00 EST.

Example:

On your  $50,000 account. With a fixed Daily Drawdown of 5%, your equity can decrease to a minimum of $47,500. Even if your equity rises to $53,000 and then falls back to $50,000 on the same day, you can continue trading. In this scenario, if your equity starts at $50,000, the 5% drawdown indicates that your equity can’t drop below $47,500. Conversely, if your balance/equity increases to $55,000 at the end of the day, the drawdown resets at 17;00 EST to $55,000, resulting in a new limit of $52,500.

1.2.2 How is Maximum Drawdown (DD) Calculated in the Competition?

The Maximum Allowable Loss Limit represents the maximum equity loss you can incur before your account is considered failed.

In the Competition, the Maximum Drawdown is a Static 10% of the initial account balance. On the 50K account, that means your Max DD is fixed at $45,000 and does not move.

1.2.3 The competition runs for 1 full calendar month unless otherwise stated.

1.2.4 Objective:

Grow your 50K account as much as possible in 1 month

1.2.5 Lot Size range

From 50% of your initial lot up to 200% of your initial lot.

Example: The first ever lot placed on account is 4

50% of 4= 2

200% of 4=8

Your range is between 2 and 8. You can place any lot size in that range.

Placing lots outside of this range will lead to disqualification.

Traders will have a 1:1000 leverage, so they can stack positions until the leverage runs out.

Section 2 – Trading Rules

Only 3 Trading rules:

Don’t exceed Daily drawdown

Don’t exceed Max Drawdown

Stay within your dedicated lot size range.

Section 3 – Refund Policy

At the end of the month, all trading activity will be stopped, and the top 100 participants will be selected and revealed. The accounts will become inactive after the competition period. There is no refund once trading has accured regardless of whether the participant finishes in the top 100 or not.

Section 4 – Payout and withdrawal Policy

Competition accounts are not eligible for profit withdrawals as they are demo accounts and not live accounts. Any profits generated on a competition account are used solely to determine leaderboard rankings and prize eligibility. Traders may not request or receive payouts based on account profits. At the conclusion of the competition, accounts will be closed or disabled, and prizes will be awarded according to the final leaderboard standings.

Section 5 – Coupon stacking

If a trader purchases multiple accounts and receives coupons, those coupons must be used individually and cannot be stacked to make a large sum.

Section 6 – Contact Information

**Office Address:**

Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, UAE