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If a trader decides to take the challenge offered by trading4x4.com, they will need add the challenge to the cart and proceed with payment.
Once the payment is processed, trading4x4.com will provide a downloadable PDF with instructions on how to set up the trading challenge.
To summarize:
The trading platforms used for this challenge will be either MetaTrader 4 or MetaTrader 5, which the user can download directly from the MetaTrader website.
The goal of the challenge is to reach the profit target without hitting the trailing drawdown. The percentage return required varies between 25% and 30%, depending on the account. The trailing drawdown is calculated based on the closing balance and is updated each time a trade is closed.
If the trailing drawdown is not triggered and the profit target is achieved, there are additional conditions that must be met to successfully complete the challenge:
A trader can purchase as many challenges as are available. However, there are rules for activating accounts in the event of passing multiple challenges. These specific rules are discussed in the Master Account section.
It is up to the trader to choose his own broker and trading account which shall have its own unique structure of commissions. For any advise feel free to contact us through the chat section.
There is no automatic reset nor a subscription of the trading challenge. It is a one of payment. The trader is free to try pass the challenge as many times as needed as long as there is a spot available.
The minimum number of trading days required to pass the challenge is 5.
The maximum is the number of trading days available in the 30 day period of the Trading Challange.
The trader can participate in a number trading challenges simultaneously, subject to availability.
Once the goal is achieved and the trading challenge conditions are successfully met, the trader shall then submit their trading results for review using the form made available in trading4x4.com. After the results are confirmed, the trader moves forward to open a Master Demo Account, which is discussed in the next section
Trading 4x4 is still under testing conditions — no challenges shall be fulfilled, thank you. Dismiss