How the $50K 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 $3,000 (≈ ZAR 49,503) (6%), daily loss $1,500 (≈ ZAR 24,751) (3%), max loss $2,500 (≈ ZAR 41,252) (5%, trailing), at least 3 trading days, 30-day limit, best day at most 40% of the profit.
- Phase 2: target $3,000 (≈ ZAR 49,503) (6%), daily loss $1,500 (≈ ZAR 24,751) (3%), max loss $2,500 (≈ ZAR 41,252) (5%, trailing), at least 3 trading days, 30-day limit, best day at most 40% of the profit.
- Phase 3: target $3,000 (≈ ZAR 49,503) (6%), daily loss $1,500 (≈ ZAR 24,751) (3%), max loss $2,500 (≈ ZAR 41,252) (5%, trailing), at least 3 trading days, 30-day limit, best day at most 40% of the profit.
- Funded account: daily loss $1,500 (≈ ZAR 24,751) (3%), max loss $2,500 (≈ ZAR 41,252) (5%, trailing).
Price in ZAR from South Africa
The $50K Ascent costs $229, about ZAR 3,779 at today's rate: $4.58 per $1K of capital. It is a one-time fee, with no monthly subscription.
For a cheaper $50K entry: Spark ($219), Pass ($209).
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How much you can earn from South Africa
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 $50K:
- A 5% profit ($2,500) → you receive $772.00 (≈ ZAR 12,739) net.
- An 8% profit ($4,000) → you receive $1,930.00 (≈ ZAR 31,847) net.
- A 10% profit ($5,000) → you receive $2,702.00 (≈ ZAR 44,586) net.
How much you need to make per day on the $50K Ascent
The phase 1 target is $3,000 (≈ ZAR 49,503). 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 $1,000 (≈ ZAR 16,501) a day for 3 days.
Spread over 10 trading days it is $300 (≈ ZAR 4,950) a day, 20% of your $1,500 (≈ ZAR 24,751) 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 $9,000 (≈ ZAR 148,509).
Example for a trader in South Africa: risking 0.5% per trade ($250) for twice that in profit, each winner adds $500 (≈ ZAR 8,250); 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 | $3,000 (6%) | $1,000 /day × 3 | $300 /day | $142.86 /day × 21 | $1,200 (40%) |
| Phase 2 | $3,000 (6%) | $1,000 /day × 3 | $300 /day | $142.86 /day × 21 | $1,200 (40%) |
| Phase 3 | $3,000 (6%) | $1,000 /day × 3 | $300 /day | $142.86 /day × 21 | $1,200 (40%) |
Your first payout on the $50K Ascent
Only the profit above $51,500 (≈ ZAR 849,799) can be withdrawn. Example: if the funded account reaches +5% ($2,500 (≈ ZAR 41,252)), you can withdraw $1,000 (≈ ZAR 16,501); your 80% is $800 and after the $28 fee you receive $772 (≈ ZAR 12,739) in USDT.
| Condition | On $50K |
|---|---|
| Buffer that stays in the account | $1,500 (≈ ZAR 24,751) (3%) |
| First payout | 14 days after the funded account is activated |
| Winning days per cycle | 5, each ≥ $250 (≈ ZAR 4,125) (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 South Africa (GMT+2)
Times computed today for the Africa/Johannesburg 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 South Africa | Reference |
|---|---|---|
| Daily loss limit resets | 02:00 | 00:00 UTC |
| London open | 10:00 | 08:00 London |
| US data (NFP, CPI) | 15:30 | 08:30 New York |
| News window (±30 min): no new trades on new paid accounts | 15:00–16:00 | per the calendar |
| Wall Street open | 16:30 | 09:30 New York |
| Forex week opens | Monday 00:00 | Sunday 22:00 UTC |
| Forex week closes | Friday 23:00 | Friday 21:00 UTC |
| Evaluation: positions closed and weekend pause (crypto too) | Friday 22:45 → Monday 00:00 | Fri 20:45 → Sun 22:00 UTC |
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Paying, getting paid and tax from South Africa
From South Africa paying in crypto is usually the practical route: many local cards block international online payments. Checkout accepts USDT on TRON (TRC20), BNB Smart Chain (BEP20), Ethereum (ERC20), Solana, or BTC, ETH, BNB, SOL; network fees are usually lowest on TRC20, BEP20, Solana.
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 South Africa depends on local rules and your situation; check with a qualified tax adviser in South Africa and keep the payout history from your dashboard (date, amount, network and transaction hash).