At the beginning of the process is the topFundr Challenge. The Challenge is a comprehensive digital product consisting of educational materials, trading and analytical applications and, in particular, a simulation of real trading with currency pairs and other financial instruments where clients can experience what it is like to be a real trader. For this purpose, the client has a so-called demo account with information on the development of the real financial markets, where he trades with fictitious capital that he/she is to try to evaluate, in accordance with pre-set transparent objectives and rules.

The main purpose of this simulated trading is to test the talents and skills of clients in trading in the financial markets. If the client demonstrates his/her skills in both the Challenge and  Verification, he/she can apply for a so-called topFundr Account – and thus have the opportunity to receive a real financial reward for this simulated trading.

The rules set up for the simulated trading in the Challenge are based on the real rules applied in financial market trading by investment companies and also in real trading, especially in the area of risk management. The application of these rules therefore contributes to the education of clients in the area of trading and at the same time provides topFundr with objective parameters for the selection of clients whose trades it will monitor. If the trader meets all the rules of the Challenge, he/she proceeds to the second phase of the Evaluation Process – Verification, which is briefly described below. Otherwise, he/she is not allowed to proceed.

topFundr Challenge is beneficial for our clients even if they fail to meet all the rules and advance further in the process, as our product is mainly aimed at client education. This is done through simulated trading as a practical part of the training, as well as by creating and making available various unique educational videos and other materials, analytical applications, and outputs on how successful our clients’ simulated trading is. At a later stage, there is an opportunity to participate in sessions with a performance coach, etc. The topFundr Academy has been launched to educate clients further. At the same time, the very act of simulated trading, where clients try to follow the set rules, takes them further and teaches them how to trade investment instruments without the risk of losing their or other people’s capital. Everyone who participates in a topFundr Challenge receives the benefits of this unique experience.

Even in the case of a topFundr Account, the client has access only to a simulated demo account with fictitious capital, i.e. there is no trading with real funds. Therefore, the Trader never gains access to a real “live account” or “margin account” etc. However, the client will receive a real financial reward for his trading on the topFundr Account, as long as his trading is profitable and there is no violation of the contractual conditions. The amount of this reward depends on the success of the trades executed through the topFundr Account.

By virtue of the Account Agreement, the client agrees that his trading data may be used by topFundrfor trading on its own account. Therefore, topFundr can actually profit from the simulated trading performed by clients.

We only add that the client always receives its contractual remuneration, regardless of whether or not topFundr has decided to use the trade data in its live trading