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Comparative Overview of Rules Across All Trading Challenges
Comparative Overview of Rules Across All Trading Challenges

Quick overview of rules for all our challenge types

Updated over a week ago

Overview

We offer no time limits on all our evaluation models. The challenges we offer are:

  • Standard Challenge: A two-phased evaluation with Regular & Swing account types with an equity & balance based drawdown and where you can qualify for a payout just 21 days after receiving the TFT Funded Account.

  • Rapid Challenge: A two-phased evaluation with Regular and Swing account types with a balance based drawdown and where you can qualify for a payout just 14 days after receiving the TFT Funded Account or within 7 days if purchased with the weekly payout add-on.

  • Royal Challenge: A two-phased evaluation with the least restrictions and where you can qualify for a payout just 30 days after receiving the TFT Funded Account or within 14 days if purchased with the 14 day withdrawal add on.

  • Knight Challenge: A single-phase evaluation where you can qualify for a payout just 7 days after receiving the TFT Funded Account, offering one of the fastest payout opportunities in the industry.

  • Dragon Challenge: A three-phased evaluation with Regular & Swing account types with a balance based drawdown and where you can qualify for a payout just 7 days after receiving the TFT Funded Account.

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


Inactivity Periods

Please note that all accounts in all phases (including Competition accounts) will be limited to a 30-day inactivity period. This means that if a TFT trader does not log into their account for more than 30 consecutive days, the account will be deactivated.
Please note that:

  • Days are consecutive, not trading days.

  • Activity means logging into the account, not necessarily taking positions.

If your account is inactive you will need to contact us via live chat or email and request new account details to log back in.


Profit Targets

Challenge Type

Phase 1 Virtual Profit Target

Phase 2 Virtual Profit Target

Phase 3 Virtual Profit Target

Standard Challenge

10%

5%

N/A

Rapid Challenge

8%

5%

N/A

Royal Challenge

8%

5%

N/A

Knight Challenge

10%

N/A

N/A

Dragon Challenge

8%

5%

5%

Please Note: There are no profit targets on Simulated Funded accounts.


Drawdown Parameters

Challenge Type

Virtual Daily Loss

Virtual Max Overall Loss

Standard Challenge

5% (6% with Add-On) based on demo equity/balance

10% (12% with Add-On) based on initial demo account balance

Rapid Challenge

5% (based on balance)

8% (based on initial demo account balance)

Royal Challenge

5% based on demo equity/balance

10% (based on initial demo account balance)

Knight Challenge

3% based on demo equity/balance
(4% with Add-On)

6% (based on relative Virtual Drawdown)

(7% with Add-On)

Dragon Challenge

5% (based on balance)

10% (based on initial demo account balance)


Minimum Trading Days & Transition/Upgrade Times

Challenge Type

Minimum Trading Days

Phase 1 to Phase 2 Transition Time

Phase 2 to Phase 3 Transition Time

Phase 3 to Funded Account Time

Standard Challenge

3

12 hours

N/A

N/A

Rapid Challenge

0

6 hours

N/A

N/A

Royal Challenge

5

12 hours

N/A

N/A

Knight Challenge

0

N/A

N/A

N/A

Dragon Challenge

0

6 hours

6 hours

N/A

Please Note: There are no minimum trading days on Simulated Funded accounts.

Transitioning to Simulated Funded Accounts for all Challenges

  • Upon successful completion of the challenge phases, your simulated funded account will be immediately issued in a disabled state. At this point, all participants must undergo the KYC procedure mentioned here and the contract formalities.

    • After signing and submitting the contract, your account will be enabled to trade within 24 hours (excluding weekends).


Drawdown Reset Time

The simulated max 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 simulated 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.


Price Comparison Across All Challenges

For your convenience, a challenge price comparison chart is provided below for quick reference before you make your next purchase here.


For a more detailed look and explanation of all challenge rules, be sure to check out the video below.

If you have any questions please contact our support team via live chat or email at [email protected], and we’ll be happy to assist you.

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