What to check before buying a challenge

Every firm publishes its rules. Almost nobody reads them before paying, and almost every dispute we see comes from that gap.

Drawdown is not one thing

Static drawdown measures against your starting balance. Trailing drawdown follows your high-water mark, which means a profitable day can move the floor up under you. The same headline number means two different things depending on which one a firm uses.

When the daily loss limit resets

The reset is on the platform clock, not yours. If you hold a position across it, know which side of the reset the trade closes on.

What is restricted

News trading, holding over the weekend, copy trading and hedging across accounts are the four that most often carry a restriction. A strategy that breaks one is not a bad trade — it is a failed evaluation.

Read the conditions for your specific account type. Two plans from the same firm can differ.