How does the free repeat on the Phoenix account work?
The difference between Standard Repeat and Express Repeat, the stricter drawdown conditions, and why the choice is final.
The Phoenix account offers a free repeat to eligible traders. If you qualify, you can choose between two options.
| Option | Waiting time | Daily drawdown | Overall drawdown | Targets and account size |
|---|---|---|---|---|
| Standard Repeat | 10 calendar days | 4% | 10% | Unchanged |
| Express Repeat | No wait — immediate | 3% | 6% | Unchanged |
Why does Express Repeat have stricter conditions?
Express Repeat exists for traders who want to get back on the challenge path without waiting. Removing the waiting period without a risk control could invite abuse — repeating heavy risk, account rolling, or back-to-back attempts. That is why the targets and account size stay the same while the drawdown limits get stricter.
Once you choose Standard Repeat or Express Repeat, your choice is final and cannot be changed.
Related articles
A complete comparison of Master, Phoenix and the three-phase challenge: targets, drawdowns, sizes and features.
The most you may lose in one trading day, the difference between the basis of the calculation (balance) and what is measured (equity), and a worked example per product.
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