February 2024 Funded Trader Championship
Dive into the February 2024 Funded Trader Championship, your gateway to securing impressive financial rewards and access to trading accounts with substantial funding. This unique event promises not only to challenge your trading acumen but also to provide a platform for showcasing your skills on a global stage.
Organizer: | February 2024 Funded Trader Championship |
Event Format: | Global Trading Contest |
Rewards Pool: | $10,000 in cash prizes + $7.475 million in trading account funds |
Entry Guidelines for the Championship:
Enrollment steps:
- Access the official February 2024 Funded Trader Championship sign-up page.
- Within the user panel, proceed to “Competitions,” opt for “Next Competition,” and secure your spot.
- Post-registration, you’ll receive a confirmation email containing your unique MT5 trading account credentials.
- On the day the contest begins, log into your MetaTrader platform to see your account preloaded with $100,000 in demo funds.
Competition dynamics:
- Surpass a 25% profit threshold to qualify for a complimentary $10,000 Royal Trading Challenge account.
- Ranking participants will be gifted a 100% rebate code for subsequent challenge account enrollments.
Ranking and Prizes:
Prize allocations are determined by participant rankings, with specifics available on the event’s web platform.
Exclusive $10k Dragon Challenge Bonus
Traders surpassing the 25% profit mark will also be eligible for the exclusive $10k Dragon Challenge, independent of their final standing.
Championship Regulations:
Compliance with the established rules is mandatory, including adherence to maximum drawdown limits and the prescribed number of trading days.
Criteria for Profit Withdrawals:
The terms for profit withdrawals differ based on the type of funded account awarded. For example, recipients of a 25k phase 2 Knight Challenge account are required to hit a 20% profit milestone while observing the specified drawdown constraints.
Key Considerations:
- Usage of Expert Advisors (EAs) is prohibited.
- Expect realistic trading conditions without artificial price fills.
- Drawdown is evaluated on a daily basis, considering both Balance and Equity.
- Compliance with lot size regulations is expected.
- Limit of one account per participant.
Final Thoughts:
The February 2024 Funded Trader Championship is not just a competition; it’s a journey towards trading mastery, offering rich rewards and invaluable trading account opportunities. Familiarize yourself with the rules and dive into the challenge prepared.