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
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% (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 | 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.
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.