What are the rules of the CFD challenges?

CFD Challenges – Key Rules Overview

The following rules apply to both CFD Prime and CFD Classic Challenges:

1. Profit Target

• To pass a challenge phase, your Account Balance must reach the Profit Target, and all positions must be closed (flat).

2. Daily Drawdown

• This represents the maximum allowable loss per day.

• If you hit the daily drawdown limit, your account will be breached and automatically closed.

• Your new daily drawdown limit is updated daily at 16:00 CT (market close) on your Dashboard.

3. Inactivity Rule

• If no trades are placed for 21 consecutive days, your account will be considered breached and closed.

4. Multiple CFD Earning Accounts

• A trader may hold up to 4 CFD Earning Accounts in total.

• This can be:

  • Up to 4 Prime accounts, or

  • 3 Prime accounts and 1 Classic account

• The total allocated starting balance across all accounts is capped at $400,000.

Rules Specific to CFD Prime Challenges

1. Maximum Drawdown (Static)

• This is the maximum cumulative loss allowed over the lifetime of your account.

• If your equity falls below this limit, the account is automatically closed.

• The maximum drawdown remains static throughout both the Challenge and Earning phases.

2. Minimum 3 Profitable Trading Days

(Applies only to accounts purchased or upgraded on or after June 2nd, 2025)

To pass, you must complete at least 3 profitable trading days, defined as:

Profit ≥ 0.5% of the initial balance
Calculated as:
Min(Midnight Balance, Midnight Equity) – Previous Day’s Balance > 0.5% of Initial Balance

• "Midnight" refers to the daily cutoff time at 16:15 CT.

Rules Specific to CFD Classic Challenges

1. Maximum Drawdown (Trailing)

• As with Prime, this is the maximum allowed loss during the account’s lifetime.

• However, for Classic Challenges, the drawdown is trailing, based on your highest equity.

• Applies in both Challenge and Earning phases.

2. Minimum 5 Trading Days

• You must place at least one trade on 5 separate trading days.

• Overnight positions do not count as a new trading day.

3. Consistency Rule

• The consistency target is calculated by factoring in your best day’s profit and your account’s profit target. The current consistency rule sits at 40% of the profit target.

Note:

This is a summary of the key rules. For a complete list of restrictions and prohibited practices, refer to the full Terms and Conditions.