Funded Forex: More Information Regarding our Challenge
Modified on: Mon, 19 Jun, 2023 at 5:19 PM
The platform needed for the challenge:
All trades must be placed on the Trading Platform. Please note that a challenge that is started on one trading platform can't be started on a different trading platform.
Deposit Methods Available:
- Bitcoin (BTC)
- Tether (USDT-ERC-20)
- USD Coin (USDC-ERC-20)
You are free to trade any instrument available on the platform.
Our leverage is fixed at 1:100 across all instruments.
Trades held over the weekend:
There are no restrictions on holding your trades open, however, bear in mind that Swap fees would apply when holding your positions open past end-of-day server time. For more information, please click here.
You are free to make use of Crypto trading.
Usage of EA's and Forex bots:
You are free to make use of EAs and forex bots.
Acceptable trading styles:
You may make use of every trading style while respecting the challenge requirements.
Point to remember: only 1 account can use HFT in Step 1 to Pass. This is a one-time thing that can be done for 1 single Funded Account Challenge. All other attempts by the same user with HFT in Step 1 beyond the first Funded Account Challenge will not be Funded. This includes future attempts if a Funded Account Challenge is breached already by the same user.
You are free to trade during news events.
Acceptable lot sizes:
There are no restrictions on lot sizes.
Ability to restart the challenge without fees?
If you are not successful in Step 1 of the Demo Challenge, you will not be able to restart your challenge unless you order and make payment for a new challenge. You are not able to use the same account credentials and will receive a new set of logins for the newly purchased challenge.
Limitations on the number of challenges purchased?
You are able to purchase as many challenges as you wish. However, in case you will be entitled to get the Funded Account after successfully completing Step 1 and Step 2, the maximum allocation per user would be $600K.
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