Overview
The Dragon Challenge is a three-step evaluation program designed to test your full range of trading skills. Traders can achieve their first payout in as little as 7 days after passing all phases.
☑️ Unlimited Maximum Trading Days with 0 Minimum Trading Days.
☑️ 5% Daily Drawdown (Balance) and 10% Max Drawdown (Static).
☑️ Phase 1 (8%), Phase 2 (5%), Phase 3 (5%) Profit Targets.
☑️ EA’s, cBots & Trade Copiers Allowed.
☑️ 25% Scaling Every 3 Months – Grow up to $1,200,000 in Challenge & $600,000 in Funded Accounts.
☑️ First withdrawal in 7 days
☑️ Select the ‘95% add-on’ at checkout for a higher reward percentage.
The Dragon Challenge is for experienced traders who want a long-term, growth-focused trading experience.
What Are The Main Features Of The TFT Dragons Challenge?
Elite Benefits: Participants are eligible to scale up to 95% with the VIP Program.
Drawdown Limits: Maintain an overall drawdown limit of 10%, with a daily drawdown not exceeding 5% to ensure adequate risk management.
The below table goes into more depth about the specifics of the Dragon Challenge:
| Phase 1 | Phase 2 | Phase 3 | Funded |
Profit Target | 8% | 5% | 5% | N/A |
Daily DD | 5% | 5% | 5% | 5% |
Overall DD | 10% | 10% | 10% | 10% |
Max Days | Unlimited | Unlimited | Unlimited | Unlimited |
Payout | N/A | N/A | N/A | 75% | 95% with Add-on |
EAs | Yes* | Yes* | Yes* | Yes* |
Weekend Crypto Trading | Yes | Yes | Yes | Yes |
News Trading | No | No | No | No |
*EAs cannot be used with DXtrade & Match-Trader platforms
Leverage
Please find the permitted leverage for the Dragons Challenge in the table below:
Asset Type | Leverage |
Forex | 1:100 |
Crypto | 1:1 |
Metals & Commodities | 1:30 |
Indices | 1:20 |
Payouts
Receive an 75% payout at the end of every 7-day period on your TFT Funded Account (counted from the first trade after the last withdrawal).
This challenge offers traders an opportunity to scale up to 95% with our VIP Program
Receive an 75% payout at the end of every 7-day period on your TFT Funded Account (counted from the first trade after the last withdrawal) if '95% add-on' option was selected at the checkout page.
What Happens If I Exceed The Drawdown Limits?
Adhering to the specified drawdown limits is crucial. If the drawdown exceeds the set parameters, the evaluation account will be breached and placed into Read Only mode.
Can I Retake The TFT Dragons Challenge If I Fail A Phase For Free?
No, participants have the opportunity to retake the challenge after failing a phase by purchasing it again.
How Do I Track My Progress In The TFT Dragons Challenge?
Regularly monitor your trading progress through your TFT dashboard, where you'll find real-time updates on your account performance, drawdown, and profit targets.
How Long Do I Have to Pass the TFT Evaluation Process for the Dragon Challenge?
Process and timeline for receiving capital after passing the Dragon Challenge
Upon meeting the profit target for Phase 1, you will be issued your Phase 2 account 6 hours later. The moment you meet the simulated profit targets for Phase 2, you will be issued your Phase 3 account 6 hours later.
The moment you meet the profit targets for Phase-3, you can begin verifying your documents and signing the agreement in order to enable your Dragon Challenge Funded Account within 24-48 hours.
NOTE: All Phase 1, 2 & 3, as well as Funded Accounts, are routed through a feed, therefore simulating real market conditions.
Understanding Max Daily and Total Drawdown in the Dragon Challenge
Daily Drawdown
Maximum Daily Loss | 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) must not exceed 5% of the initial demo balance of the account. Please note this includes commissions.
Note: We also utilize a reconciliation module that reviews breaches the following day to add an additional layer of verification for any breach activity.
Reset Time
The max daily drawdown resets every day between 4:57 PM - 5:03 PM EST. To ensure smooth functionality, we advise our 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 balance is pulled for the trading day, your dashboard will update with new daily breach level. This is the amount your account equity must stay above in order to not be breached.
Max Drawdown
Maximum Total Drawdown | 10%
The maximum total drawdown is 10%. Therefore, the equity of the account must not fall below 90% of the initial demo account balance both for open and closed positions, including commissions and swaps.
The following chart shows the daily drawdown loss and overall max loss by account size for the Dragon Challenge.
Account Size | Daily Drawdown Loss | Overall Max Loss |
5,000 | 250 | Equity/Balance must not drop below 4,500 |
10,000 | 500 | Equity/Balance must not drop below 9,000 |
25,000 | 1,250 | Equity/Balance must not drop below 22,500 |
50,000 | 2,500 | Equity/Balance must not drop below 45,000 |
100,000 | 5,000 | Equity/Balance must not drop below 90,000 |
Note: We also utilize a reconciliation module that reviews breaches the following day to add an additional layer of verification for any breach activity.
Violations
Any violation of the rules above will result in the termination of your TFT trading account and you will not be eligible to move forward in the program with that account.
Note: both the daily drawdown and max drawdown breach on an account include simulated commissions and simulated swap fees.
Holding Trades & Weekend Crypto Trading
Challenge Type | Hold Trades Overnight | Hold Trades Over Weekend | Weekend Crypto Trading |
Dragon 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.
Dragon 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.
Dragon 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.
Dragon Challenge Pricing
Account Size | Price | With 95% Payout Add-on | Third Payout Bonus |
$5k | $49 | $59 | $49/$59 |
$10k | $99 | $119 | $99/$119 |
$25k | $135 | $162 | $135/$162 |
$50k | $205 | $246 | $205/$246 |
$100k | $355 | $426 | $355/$426 |