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Discover Your Perfect Starting Balance for Hoorah’s 3-Step Challenge!

Choosing the right starting balance for your 3-Step Challenge is the key to unlocking your success as a funded trader. At Hoorah, we offer flexible account sizes to suit various trading styles and experience levels. Let's compare the $10,000 and $100,000 starting balances to help you decide which one is the best fit for you!

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Inside Hoorah

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January 23, 2025

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Noureen Haroun

5

min read

 

1. The $10k Starting Balance: Start Small, Dream Big

The $10k starting balance is perfect for beginners or traders looking to test their skills with a smaller account size. It lets you prove your abilities without the pressure of handling large sums, giving you the flexibility to grow your strategy.

  • Balance: $10,000
  • Profit Target: 5%
  • Daily Loss Limit: 5%
  • Max Drawdown: 5%
  • Risk-free scaling up to: $50,000
  • Subscription: $19.99 per week

With unlimited tries and unlimited trading days, starting with $10,000 provides ample room to learn and improve while working towards a funded account. Once you pass, you’re eligible for a funded account with the chance to scale up to $50,000.

2. The $100,000 Starting Balance: Ready for a Bigger Challenge?

For more experienced traders, starting with $100,000 offers a higher account balance, allowing you to trade with more capital and take larger positions. This option is designed for those ready to manage significant risks while proving their ability to consistently profit.

  • Balance: $100,000
  • Profit Target: 5%
  • Daily Loss Limit: 5%
  • Max Drawdown: 5%
  • Risk-free scaling up to: $1,000,000
  • Subscription: $129.99 per week

Starting with $100,000 allows you to grow your account by meeting specific profit milestones. Once you pass, you’ll qualify for even larger funded accounts as you prove your consistency.

3. Risk-Free Scaling: The Key to Unlimited Growth

Both starting balances come with Risk-Free Scaling, allowing you to increase your account size without extra risk. By hitting milestones like achieving a 5% profit without exceeding the 5% daily loss limit, you can scale your account up to a $1,000,000 funded account.

Which Starting Balance is Right for You?

  • Choose the $10k Starting Balance if you're just starting and want to hone your skills with a lower amount.
  • Opt for the $100k Starting Balance if you have more experience and want to trade with larger capital, showing your ability to handle bigger trades.

Both options offer risk-free scaling opportunities, so no matter where you start, you have the chance to progress and scale up.

Conclusion: Start Your 3-Step Challenge with Hoorah

At Hoorah, we cater to traders at different experience levels, whether you're just starting with the $10,000 balance or you're ready for the $100,000 balance. Both come with the opportunity to prove your skills, earn a funded account, and scale up risk-free.‍

So, what are you waiting for? Subscribe today, choose the starting balance that suits you best, and begin your 3-Step Challenge with Hoorah!

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