What are the Challenge Criteria?
topFundr does the utmost to ensure that our traders are given the opportunity to trade under optimal conditions, without having to focus on unreasonable time constraints, or unrealistic targets that are exceedingly difficult to attain.
We have structured our evaluation in a manner that simplifies the journey to becoming a Funded Trader. We care about our traders, protecting them from minor errors, and creating a trading environment that allows them to potentially become professionals in risk management.
Phase 1: Evaluation Stage
In the first phase of our Funded Account Challenge, you will trade with a Demo Account, In this preliminary stage, we have set the requirements to begin the assessment of our traders. To pass this stage, traders must meet the following criteria:
- 10% Profit Target
- 3% Daily Drawdown
- 6% Overall Drawdown
- Minimum of 4 Trading Days
- Adhere to the consistency rule*
Our Consistency Rule states that earnings from your best day cannot exceed 30% of your total profits. This rule applies during the Evaluation Stage, and Verification Stage of the Funded Account Challenge.
When you have successfully completed our Evaluation Stage (Phase 1), you will proceed to Phase 2, the Verification Stage.
Phase 2: Verification Stage
In the second stage of the Funded Account Challenge, you will prove your ability as a trader to build profit. Once you have passed the Evaluation Stage, you will receive New Credentials to log in to your new Demo Account for the second phase. In this stage, you will need to meet the below requirements:
- 5% Profit Target
- 3% Daily Drawdown
- 6% Overall Drawdown
- Minimum of 4 Trading Days
- Adhere to the consistency rule
Once you have passed our Verification Stage, our team will meticulously assess your performance, and you will then become a fully-fledged topFundr Funded Trader.
Funded Traders:
- Daily Drawdown – 5%
- Overall Drawdown – 12%
When you become a Funded Trader, you will trade in a Live Account. We do require all Funded Traders to complete our Verification Process, where we will ask you to provide:
- Proof of Identification (Passport, ID Card, Driving License, etc.).
The agreement and conclusion of the Funded Account contract will depend on the completion and approval of the topFundr Identification Process. Once you have been approved, you will be able to trade our real capital (proportionate to the initially selected capital at the beginning of the Funded Account Challenge) and you will earn a generous 80/20 Profit Share, in your favor.
Do I get a Certificate for Completing the Funded Account Challenge?
Yes! Once you have accomplished Phase 1 and Phase 2 of our Funded Account Challenge, we will email you a Certificate of Completion, which you are free to share with anyone!
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