Challenge 10K Drawdown - November 2024

How does it work?

The 10K DRAWDOWN account is available only by participating in the 10K DRAWDOWN challenge. When you pay your registration fee of $21 to the challenge, you receive a 10K DRAWDOWN account and are enrolled in the pool of traders participating in the challenge for 1 month.

Position Size

The following instructions are only valid for the 10K Drawdown challenge part!

• Traders with the 10K DRAWDOWN account can open up to 25 E-mini contracts maximum intraday across all instruments.
• Over-night and Over-Week positions are authorized within the limit of 25 E-mini contracts.

Registrations

You can register multiple times simultaneously or not to obtain more 10K DRAWDOWN accounts and increase your chances of success.

• No restriction on the number of entries per participant.
• When the challenge is ongoing, you can join and participate up to 7 days before the end date of the challenge. After this period, registrations will no longer be possible, and you will have to wait for the opening of the next 10K DRAWDOWN challenge.

Objective

When you are registered for the 10K DRAWDOWN challenge, you are added to the pool of traders participating in the challenge. Your goal, to finish 1st in the pool at the end of the month by making the most profit of the pool and you win the 10K DRAWDOWN account.

Ranking

Ranking

A ranking will be visible in your Dashboard space. The ranking will be updated every day at the end of the day.

Each trader will be represented by their trading account that has achieved the best performance to rank. If you have registered with more than one account, these will not be counted in the final rankings. However, you will benefit from a 20% promotional code for each of these accounts as soon as you register.

Gains

All participants win a prize at the end of the challenge. Each winner of the 10K DRAWDOWN LIVE account will no longer be able to participate in the challenge thereafter as long as they have an active 10K DRAWDOWN LIVE account, to give everyone a chance to win a 10K DRAWDOWN LIVE account.

Here is the list of prizes and how they are won:

• 1st: LIVE 10K Drawdown account
• 2nd: CASH 100K Swing account
• 3rd: CASH 50K Swing account
• 4th: CASH 100K Fundamental account
• 5th: CASH 50K Fundamental account
• 6th: 100K Swing Challenge Account
• 7th: 50K Swing Challenge Account
• 8th: 100K Fundamental Challenge account
• 9th 50K Fundamental Challenge account
• 10th 50K Fundamental Challenge account
• Top 10% (Excluding the top 10): 70% discount code on all challenge accounts (except 10K DRAWDOWN and MASTER)
• Top 50% (Excluding the top 10 and top 10%): 50% discount code on all challenge accounts (except 10K DRAWDOWN and MASTER)
• Top 100% (Excluding the top 10, top 10%, and top 50%): 30% discount code on all challenge accounts (except 10K DRAWDOWN and MASTER)

For the winners of the 10K DRAWDOWN LIVE account, you can find the specific rules in the section 18 of the website rules.