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A Comprehensive Guide to The Funded Trader Standard Challenge
A Comprehensive Guide to The Funded Trader Standard Challenge

Explore the Standard Challenge: An Overview of Account Sizes and Pricing Tiers.

Updated over 2 months ago

Overview

The Standard Challenge offers a comprehensive evaluation with a two-phase structure designed for disciplined growth. While news trading is not allowed, traders benefit from a range of key features aimed at maximizing success and control:

☑️ Two-Step Challenge – More in-depth evaluation process.

☑️ 80% Default Payout Split – Scale up to 95% with the VIP program.

☑️ Up to $1,200,000 in Challenge and $600,000 in Funded Accounts.

☑️ Add-On for EA's, cBots, and Trade Copiers.

☑️ 25% Scaling Every 3 Months.

☑️ Hold Trades Overnight (No weekend holding).

☑️ First Payout After 21 Days, then every 14 days.

The Standard Challenge is ideal for traders seeking long-term growth and steady payouts with customizable add-ons for more flexibility.


Rules for the TFT Standard Challenge

Challenge Time Limit

  • The Standard Challenge consists of a two-phased evaluation process where a trader has unlimited trading days to complete both phases of the challenge.

Minimum Trading Days

  • You must trade a minimum of 3 trading days in order to pass a challenge phase, though there is no time limit on achieving the profit target for either phase

Free Retries

  • As the Standard Challenge has no time limits, there will be no free retries for Phase 1 or Phase 2 Standard Challenge demo accounts as there is no longer a limit to your trading period.

Profit Target

  • Phase 1 has a profit target of 10%

  • Phase 2 has a profit target of 5%

NOTE: All Phase 1 & 2, as well as Funded Accounts, are routed through a feed, therefore simulating real market conditions.


Violations

Any violation of the rules above will result in the termination of your demo trading account and you will not be eligible to move forward in the program with that account. Traders are more than welcome to start over by joining the program with a new demo trading account.


Understanding Max Daily and Total Drawdown

Maximum Daily Drawdown

Max Daily Drawdown: 5%

  • In the course of one working day, the maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater when the day changes at 5 pm est.

  • The daily drawdown amount is always fixed to 5% of the initial balance.

  • Please note the daily drawdown includes commissions and simulated swap fees. If the account at any point breaches the daily drawdown then the account is violated.

Note: We also utilize a reconciliation module that reviews breaches the following day to add an additional layer of verification for any breach activity.


Maximum Drawdown
Maximum Total Drawdown: 10%

The maximum total drawdown is 10%. Therefore, the equity of the demo account must not fall below 90% of the initial demo account balance both for open and closed positions, including simulated commissions and simulated swaps.


Reset Time

The daily drawdown resets every day between 4:57 PM - 5:03 PM EST. To ensure smooth functionality, we advise our simulated traders to not execute trades in between the window of 4:57 PM - 5:03 PM EST when the drawdown is being reset. Once your last virtual balance/equity (whichever is higher) is pulled for the trading day your dashboard will update with your new daily breach level. This is the amount your account simulated equity must stay above in order to not be breached.


Daily Drawdown Rules Examples

Example 1:

On a 100K Standard Simulated Challenge, if between 4:57 PM - 5:03 PM EST you have an open trade with a simulated floating profit of $2,000, your demo account simulated equity will be 102K. With a 5% daily drawdown, the simulated equity cannot drop below $97,000 ($102,000 - $5,000 = $97,000) on the next trading day.

Example 2:

If on a 100K Standard Challenge between 4:57 PM - 5:03 PM EST you have an open trade with a simulated floating loss of -$2,000, your demo account equity will be $98,000. Because your balance is higher than your $98,000 equity, your daily drawdown limit of $5,000 will be based on the $100K demo balance. This means for the next trading day, the equity or balance cannot drop below $95,000 ($100,000 - $5000 = $95,000).

Example 3:

If there are no open trades at 5.00pm EST, the daily drawdown will be 5% of whatever the balance is.

Note: We also utilize a reconciliation module that reviews breaches the following day to add an additional layer of verification for any breach activity.


Holding Trades & Weekend Crypto Trading

Challenge Type
(Phase & Funded accounts)

Hold Trades Overnight
(Mon-Fri)

Hold Trades Over Weekend

Weekend Crypto Trading

Standard Challenge

Yes

No

Yes

⚠️ Weekend Trade Closure Warning ⚠️

Please note that our system will automatically close all trades at 4 PM EST before the weekend. At that time, your account will be temporarily disabled to prevent any new trades from being opened. The account will be re-enabled shortly after 5 PM EST to allow you to trade crypto over the weekend.

Important:

• While your account is disabled, you will not be able to manually maintain or close your trades. All trades will be closed by the system.

• The system will attempt to close trades multiple times between 4 PM and 5 PM EST to ensure all trades are properly closed.

• In the event that a trade is not closed and remains open through the weekend, you will be responsible for any market fluctuations (higher or lower) when the market reopens.


Weekend Crypto Trading & Maintenance Schedule

For Weekend Crypto Trading Hours and Maintenance Schedule, please follow this article for more details.


NOTE: All Phase 1, 2, 3 and as well as TFT Funded Accounts are routed through a simulated feed, therefore simulating real market conditions.

A payout means you are paid based on data which is measured by simulated profit.


Standard Challenge Scaling

  • Eligibility: Traders must show profitability of at least 6% over a 3-month period.

  • Scaling Increase: 25% increase of initial demo account balance per scaling event.

Standard Challenge Scaling Examples

Initial Virtual Starting Balance

Scaling Event

New Virtual Starting Balance

100K

25% of original starting balance added to virtual starting balance

125K

125K

25% of original starting balance added to virtual starting balance

150K

150K

25% of original starting balance added to virtual starting balance

175K

A full overview of the Scaling Program can be read in this article.


Standard Challenge Pricing

Account Size

Price

With EA's, cBots, Trade Copiers Enabled

Add-on

Third Payout Bonus
(Depends on the order selected)

$5k

$65

$74

$65/$74

$10k

$129

$149

$129/$149

$25k

$199

$229

$199/$229

$50k

$299

$345

$299/$345

$100k

$499

$574

$499/$599

74$200k

$1,135

$1,300

$1,135/$1,300

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