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Dragon Challenge (Three-Step Challenge)
A Comprehensive Guide to The Funded Trader Dragon Challenge
A Comprehensive Guide to The Funded Trader Dragon Challenge

Embark On The TFT Dragon Challenge: Conquer The 3 Phases To Rise Victorious

Updated yesterday

Overview

  • The Dragons Challenge is a three-step evaluation program designed to test the full range of your skills in which you can get your first payout in as little as 7 days after passing all phases!

  • This challenge offers traders an opportunity to scale up to 95% payout with our Dragon Egg Plan (Eligible customers will be transitioned to this program by the end of February, 2024) and offers a 75% virtual payout initially!

  • Choose from a variety of account sizes, starting from $5K up to $200K in simulated funds. Simply choose the amount of simulated funds you would like to manage and pass the evaluation by meeting the Trading Objectives during Phase-1 Phase-2 & Phase 3 of the evaluation.


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

What Are The Main Features Of The TFT Dragons Challenge?

  • Scaling Benefits: Participants are eligible to scale up to 95% with the Dragon Egg scaling plan. (details to be announced soon)

  • News Trading Allowed: Engage in news trading on the Swing Trading account, providing a diversified approach to your trading strategy.

  • 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% First Upon Payout

EAs

Yes

Yes

Yes

Yes

Weekend Trading

Yes

Yes

Yes

No

News Trading

Yes

Yes

Yes

No


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


How Much Does The Dragons Challenge Cost?

Account Size

Price

$5k

$49.00

$10k

$99.00

$25k

$135.00

$50k

$205.00

$100k

$355.00

$200k

$495.00


Withdrawals

  • Receive an 75% simulated payout after passing all phases at the end of every 7-day period (counted from the first trade after the last withdrawal).

  • If you purchased an account with a special payout promotion, that percentage will be the account's base simulated payout.

    • i.e. If an account was purchased with a 90% promotion, the account's simulated payout will remain at 90% for all subsequent withdrawals.

  • This challenge offers traders an opportunity to scale up to 95% payout with our Dragon Egg Plan. (details to be announced soon)


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?

Yes, participants have the opportunity to retake the challenge after failing a phase by purchasing it again. Be sure to utilize the discount code in your email inbox which you will receive after failing a challenge. Do not be disheartened, use this experience to refine your strategy and aim for success in your retry!

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.

Where Do I Go If I Have More Questions?

If you have additional questions, our dedicated support team is readily available to assist you. You can reach out through our live chat for immediate assistance, or you may choose to email your inquiry to [email protected]. We're here to help!


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