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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 a Regular account type featuring an equity and balance-based drawdown. You can qualify for a payout just 21 days after receiving the TFT Funded Account.

  • Rapid Challenge: A two-phased evaluation with a Regular account type featuring a balance-based drawdown. 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 minimal restrictions. 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 offering one of the fastest payout opportunities in the industry. You can qualify for a payout just 7 days after receiving the TFT Funded Account.

  • Dragon Challenge: A three-phased evaluation with a Regular account type featuring a balance-based drawdown. 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

30-Day Inactivity Rule: To maintain the activity of your account, you must log-in and execute at least a single trade of a minimum of 0.01 lot within every 30-day period. This applies to all accounts.

Please be aware that if an account does not place a trade for over 30 days, it will be deemed inactive. As per our policy, inactive accounts will be considered breached, and all associated challenge fees, simulated profits, or pending payouts will be forfeited. This policy is in place to encourage active trading within our community and to mitigate the costs associated with maintaining inactive demo accounts.

Note:

  • The same rules apply to Funded accounts.

  • Days are consecutive, not simulated trading days.


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% (based on initial demo account equity/balance)

10% (based on initial demo account balance)

Rapid Challenge

5% (based on initial demo account balance)

8% (based on initial demo account balance)

Royal Challenge

5% (based on initial demo account 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 initial demo account 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.

Please note that the Standard Challenge Drawdown add-on has been discontinued as of March 26th, 2024.


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 email at [email protected], and we’ll be happy to assist you.

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