To successfully pass the summit strike challenge phase 1, you must achieve a profit target of 10%. ​
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For example: ​
If you have a 100k account then you must achieve a profit of $10000. This must be closed profit and the balance and equity on the account must be above 10%. ​

Once you have reach the profit target you will be able to upgrade to your simulated funded account via your dashboard. ​ 
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Please note - any violation which happens after you achieve the target will result in the account being violated.