How the $5K 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 $300 (≈ NGN 405,127) (6%), daily loss $150 (≈ NGN 202,564) (3%), max loss $250 (≈ NGN 337,606) (5%, trailing), at least 3 trading days, 30-day limit, best day at most 40% of the profit.
- Phase 2: target $300 (≈ NGN 405,127) (6%), daily loss $150 (≈ NGN 202,564) (3%), max loss $250 (≈ NGN 337,606) (5%, trailing), at least 3 trading days, 30-day limit, best day at most 40% of the profit.
- Phase 3: target $300 (≈ NGN 405,127) (6%), daily loss $150 (≈ NGN 202,564) (3%), max loss $250 (≈ NGN 337,606) (5%, trailing), at least 3 trading days, 30-day limit, best day at most 40% of the profit.
- Funded account: daily loss $150 (≈ NGN 202,564) (3%), max loss $250 (≈ NGN 337,606) (5%, trailing).
Price in NGN from Nigeria
The $5K Ascent costs $34, about NGN 45,914 at today's rate: $6.80 per $1K of capital. It is a one-time fee, with no monthly subscription.
For a cheaper $5K entry: Pass ($24).
How much you can earn from Nigeria
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 $5K:
- A 5% profit ($250) → you receive $77.20 (≈ NGN 104,253) net.
- An 8% profit ($400) → you receive $193.00 (≈ NGN 260,632) net.
- A 10% profit ($500) → you receive $270.20 (≈ NGN 364,884) net.
How much you need to make per day on the $5K Ascent
The phase 1 target is $300 (≈ NGN 405,127). 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 $100 (≈ NGN 135,042) a day for 3 days.
Spread over 10 trading days it is $30 (≈ NGN 40,513) a day, 20% of your $150 (≈ NGN 202,564) 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 $900 (≈ NGN 1,215,381).
Example for a trader in Nigeria: risking 0.5% per trade ($25) for twice that in profit, each winner adds $50 (≈ NGN 67,521); 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 | $300 (6%) | $100 /day × 3 | $30 /day | $14.29 /day × 21 | $120 (40%) |
| Phase 2 | $300 (6%) | $100 /day × 3 | $30 /day | $14.29 /day × 21 | $120 (40%) |
| Phase 3 | $300 (6%) | $100 /day × 3 | $30 /day | $14.29 /day × 21 | $120 (40%) |
Your first payout on the $5K Ascent
Only the profit above $5,150 (≈ NGN 6,954,682) can be withdrawn. Example: if the funded account reaches +5% ($250 (≈ NGN 337,606)), you can withdraw $100 (≈ NGN 135,042); your 80% is $80 and after the $2.80 fee you receive $77.20 (≈ NGN 104,253) in USDT.
| Condition | On $5K |
|---|---|
| Buffer that stays in the account | $150 (≈ NGN 202,564) (3%) |
| First payout | 14 days after the funded account is activated |
| Winning days per cycle | 5, each ≥ $25 (≈ NGN 33,761) (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 Nigeria (GMT+1)
Times computed today for the Africa/Lagos 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 Nigeria | Reference |
|---|---|---|
| Daily loss limit resets | 01:00 | 00:00 UTC |
| London open | 09:00 | 08:00 London |
| US data (NFP, CPI) | 14:30 | 08:30 New York |
| News window (±30 min): no new trades on new paid accounts | 14:00–15:00 | per the calendar |
| Wall Street open | 15:30 | 09:30 New York |
| Forex week opens | Sunday 23:00 | Sunday 22:00 UTC |
| Forex week closes | Friday 22:00 | Friday 21:00 UTC |
| Evaluation: positions closed and weekend pause (crypto too) | Friday 21:45 → Sunday 23:00 | Fri 20:45 → Sun 22:00 UTC |
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Paying, getting paid and tax from Nigeria
From Nigeria 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 Nigeria depends on local rules and your situation; check with a qualified tax adviser in Nigeria and keep the payout history from your dashboard (date, amount, network and transaction hash).