Welcome to the realm of TFT Monthly Competitions, where skill meets opportunity for exciting rewards! At The Funded Trader, we believe in recognizing and celebrating the achievements of our talented traders. In this article, we're thrilled to provide insights into how the TFT competition works and the prizes offered to winners of our monthly competitions.
The Funded Trader competitions are a free opportunity for everyone to participate in a monthly challenge and be one of the 25 winners who earn prizes + one extra winner which will be decided via a raffle. Everyone is allowed to participate in the competitions each month.
Please note that TFT December 2024 and January 2025 Competitions will have a limit of 5000 participants.
Rules for Monthly Competitions
The rules for competitions are the same as the Royal Challenge, which includes:
Simulated 5% Max Daily Drawdown
Simulated 10% Max Total Drawdown
5 Simulated Minimum Trading Days
EAs are not allowed
No taking advantage of unrealistic fills in the demo environment
The competition starts on the first day of the month at 12am EST and ends on the last day of the month at 11:59pm EST.
Note: Monthly competitions will be held on Match-Trader platform only.
What if I already became disqualified?
If your account is already expired and disqualified, don't worry! You can still join the following month's competition. Please do not contact TFT Support if you are disqualified as this decision is final and irreversible.
Can I re-join the current competition?
Unfortunately, you cannot re-join the current competition if your account is expired and disqualified. We recommend you take this opportunity to explore the competition and prepare to join the next competition in the following month.
Registering
Each month, a new competition begins and lasts the entirety of the month and can be accessed through the Competitions page of our Trade Hub. Then click the Register button for the next eligible competition.
Claiming Your Prize as a Competition Winner
If you end up being one of the winners, someone from our Trader Success Team will reach out with the appropriate prize within 7-10 business days via email.
NOTE: Please note that all trades will be automatically closed once the competition ends in order to be eligible for the respective prizes.
Rules for The Funded Trader Competition
Our competitions at The Funded Trader are open to anyone who wishes to participate, except for traders that are from a country that is restricted by The Funded Trader. The following rules apply to each competition. Breaching any of these rules will immediately disqualify competition participants.
Eligibility
To participate in our competitions, participants must be at least 18 years old. No individuals under the age of 18 are eligible to become our clients. All participants are required to acknowledge and accept this requirement.
Prizing
Upon the conclusion of the competition, our Risk Team analyzes the top 25 traders for the current Competition. The winners will then receive an email detailing their prizes within 10 days of the competition's ending.
Schedule
The competition will begin on the first day of the month at 12am EST and ends on the last day of the month at 11:59pm EST. Any entrant submitting an entry past the finish time will be disqualified.
Participation
All competition entrants must create a valid The Funded Trader account and agree to The Funded Trader Terms of Service. Entrants must adhere to the rules and regulations of the competition.
You may only have one registered account through one email address and one IP address; if you register multiple accounts you will be immediately disqualified
Breaches of rules
Any and all breaches of competition rules will result in immediate disqualification from any and all competitions. This disqualification is at the sole discretion of The Funded Trader.
Modifications of rules
The Funded Trader reserves the right to modify these rules at any time. It is the responsibility of each entrant to check this page for rule modifications
Expert Advisor (EA) and Trade Copier Rules
Usage of EAs and trade copiers are not allowed in the competitions.
Simulated Trading News
Simulated Trading news is permitted in The Funded Trader competitions. You are strongly advised to use adequate risk management and be aware of issues such as like slippage that can occur at high volatility news drivers.
Simulated Drawdown Rules
The simulated daily drawdown for the competition is calculated based on the demo balance or simulated equity, whichever is greater when the day changes at 5.00 pm est. The simulated daily drawdown amount is always fixed at 5% of the initial balance.
For the $100k account, the simulated daily drawdown will always be $5k minus the demo balance or simulated equity (whichever is higher when the day resets at 5:00 pm EST or 00:00 GMT+3). The simulated max daily drawdown resets every day at 5:00 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 simulated Daily Breach Level. This is the amount your account simulated equity must stay above in order to not be breached.
Simulated 10% Max Total Drawdown
Broker and Lot size rules
As competitions run on Match-Trader - please make note of the following symbol information:
No lot size rules
5 Simulated Minimum Trading Days
You are able to hold trades overnight and over the weekend
No taking advantage of unrealistic fills in the demo environment
Crypto trading over the weekend is allowed
Becoming Disqualified
If you see "DQ" on your dashboard, your account has breached one or more of the competition rules and therefore is not permitted to compete. Please do not contact Support as they will not be able to reverse the breach. You are, however, welcome to register for next month's competition.
How to Login to Competition Account
All In order to login to your Match-Trader Competition account, please follow the below steps:
1. Go to https://mtr.voyagemarkets.net/login
2. Enter your Username and Password provided in the Competition Welcome email.
3. Click on Sign-in button
Note: The Competition Username includes +TFTCOMP. For example, if your registered email is [email protected], your Competition Username will be [email protected]
Please refer to the quick video below on how to login to your Competition account:
How to Check My Standing
All competition participants can track their progress and performance in the active competition by going to the Standings area of the respective competition.
To do this, go to the Competitions page on our website. Then, click on the Standings button for the competition.
You will be navigated to the standings page, which shows real-time data for the competition, including:
Time Remaining
Prize Pool
Remaining Contestants
Current Leader
Competition Standings
Dashboard
Simulated Closed Trades
What are the prizes for the competitions?
December 2024 Competition Prizes for top 25 rank holders
🥇 1st rank - $100k Knight Pro Challenge
🥈 2nd rank - $50k Knight Pro Challenge
🥉 3rd rank - $25k Knight Pro Challenge
🏅 4th rank - 10th rank - $10k Knight Pro Challenge
🏅 10th rank - 25th rank - $5k Knight Pro Challenge
TFT December Competition
All accounts 2nd - 200th place will be entered into a raffle for a $100k Knight Pro Challenge⚡
January 2025 Competition Prizes for top 25 rank holders
🥇 1st rank - $100k Knight Pro Challenge
🥈 2nd rank - $50k Knight Pro Challenge
🥉 3rd rank - $25k Knight Pro Challenge
🏅 4th rank - 10th rank - $10k Knight Pro Challenge
🏅 10th rank - 25th rank - $5k Knight Pro Challenge