How the $200K Ascent works
Three short climbs of 6% each. The smallest targets and the lowest price per dollar of capital. There are 3 evaluation phases before the funded account.
- Phase 1: target $12,000 (≈ CAD 17,004) (6%), daily loss $6,000 (≈ CAD 8,502) (3%), max loss $10,000 (≈ CAD 14,170) (5%, trailing), at least 3 trading days, 30-day limit, best day at most 40% of the profit.
- Phase 2: target $12,000 (≈ CAD 17,004) (6%), daily loss $6,000 (≈ CAD 8,502) (3%), max loss $10,000 (≈ CAD 14,170) (5%, trailing), at least 3 trading days, 30-day limit, best day at most 40% of the profit.
- Phase 3: target $12,000 (≈ CAD 17,004) (6%), daily loss $6,000 (≈ CAD 8,502) (3%), max loss $10,000 (≈ CAD 14,170) (5%, trailing), at least 3 trading days, 30-day limit, best day at most 40% of the profit.
- Funded account: daily loss $6,000 (≈ CAD 8,502) (3%), max loss $10,000 (≈ CAD 14,170) (5%, trailing).
Price in CAD from Canada
The $200K Ascent costs $839, about CAD 1,189 at today's rate: $4.20 per $1K of capital. It is a one-time fee, with no monthly subscription.
For a cheaper $200K entry: Spark ($759), Pass ($709).
How much you can earn from Canada
On the funded account you keep 80% of the profit above the 3% buffer, paid in USDT to your wallet after the processing fee. Net examples on $200K:
- A 5% profit ($10,000) → you receive $3,088.00 (≈ CAD 4,376) net.
- An 8% profit ($16,000) → you receive $7,720.00 (≈ CAD 10,939) net.
- A 10% profit ($20,000) → you receive $10,808.00 (≈ CAD 15,315) net.
How much you need to make per day on the $200K Ascent
The phase 1 target is $12,000 (≈ CAD 17,004). With at least 3 trading days and the consistency rule (best day ≤ 40% of the profit, so at least 3 profitable days), the fastest possible pace is $4,000 (≈ CAD 5,668) a day for 3 days.
Spread over 10 trading days it is $1,200 (≈ CAD 1,700) a day, 20% of your $6,000 (≈ CAD 8,502) daily loss limit. Going slower costs nothing within the 30-calendar-day limit: the smaller the daily goal, the less you need to risk per trade. Across the 3 phases the targets add up to $36,000 (≈ CAD 51,012).
Example for a trader in Canada: risking 0.5% per trade ($1,000) for twice that in profit, each winner adds $2,000 (≈ CAD 2,834); you need 6 winning trades for the phase, plus one more for every two losers.
| Phase | Target | Fastest pace allowed | Over 10 trading days | Over the full period | Best day cap |
|---|---|---|---|---|---|
| Phase 1 | $12,000 (6%) | $4,000 /day × 3 | $1,200 /day | $571.43 /day × 21 | $4,800 (40%) |
| Phase 2 | $12,000 (6%) | $4,000 /day × 3 | $1,200 /day | $571.43 /day × 21 | $4,800 (40%) |
| Phase 3 | $12,000 (6%) | $4,000 /day × 3 | $1,200 /day | $571.43 /day × 21 | $4,800 (40%) |
Your first payout on the $200K Ascent
Only the profit above $206,000 (≈ CAD 291,904) can be withdrawn. Example: if the funded account reaches +5% ($10,000 (≈ CAD 14,170)), you can withdraw $4,000 (≈ CAD 5,668); your 80% is $3,200 and after the $112 fee you receive $3,088 (≈ CAD 4,376) in USDT.
| Condition | On $200K |
|---|---|
| Buffer that stays in the account | $6,000 (≈ CAD 8,502) (3%) |
| First payout | 14 days after the funded account is activated |
| Winning days per cycle | 5, each ≥ $1,000 (≈ CAD 1,417) (0.5%) |
| Best day of the cycle | ≤ 40% of the cycle profit |
| Minimum payout | 50 USDT (≈ $62.50 of profit above the buffer) |
| Processing fee | 3.5% of the amount requested |
Market hours in Canada (GMT-5)
Times computed today for the America/Toronto time zone, with current daylight-saving rules. Crypto trades 24/7, but during the Ascent evaluation trading pauses at the weekend; on the funded account you can trade crypto on Saturday and Sunday.
| Event | Time in Canada | Reference |
|---|---|---|
| Daily loss limit resets | 19:00 | 00:00 UTC |
| London open | 03:00 | 08:00 London |
| US data (NFP, CPI) | 08:30 | 08:30 New York |
| News window (±30 min): no new trades on new paid accounts | 08:00–09:00 | per the calendar |
| Wall Street open | 09:30 | 09:30 New York |
| Forex week opens | Sunday 17:00 | Sunday 22:00 UTC |
| Forex week closes | Friday 16:00 | Friday 21:00 UTC |
| Evaluation: positions closed and weekend pause (crypto too) | Friday 15:45 → Sunday 17:00 | Fri 20:45 → Sun 22:00 UTC |
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Paying, getting paid and tax from Canada
You can pay by card, Apple Pay or Google Pay in US dollars (your bank converts from CAD and may add its own exchange fee), or in crypto: USDT on TRON (TRC20), BNB Smart Chain (BEP20), Ethereum (ERC20), Solana, or BTC, ETH, BNB, SOL.
Payouts are sent in USDT only, on TRC20, ERC20, BEP20, to the wallet you save in your dashboard, with no KYC. Changing the wallet pauses payouts for 24 hours for security. The challenge fee is one-time and non-refundable, so try the platform with the free trial first.
The website, dashboard and trading platform are available in English and Spanish.
Tax: Axora Funded does not withhold tax or give tax advice. How USDT rewards are treated in Canada depends on local rules and your situation; check with a qualified tax adviser in Canada and keep the payout history from your dashboard (date, amount, network and transaction hash).