The Blueberry Funded Rapid Challenge is a great way for traders to show their skills and get access to funded trading accounts. If you’re up for a challenge and want to prove your trading abilities, this is a structured way to do it.

Profit Target

To succeed in the Rapid Challenge, traders need to make a profit of 5%. This is the main goal you need to reach to move on to the funded trading phase. It’s designed to test your ability to generate returns efficiently.

Daily Drawdown

In the Rapid Challenge, the daily drawdown limit is set at 3%. This drawdown is trailing, which means it adjusts based on your current equity. It helps to keep track of daily losses without increasing the limit, making it important to manage your daily losses carefully.

Maximum Drawdown

The maximum drawdown allowed is 4%. This is also a trailing drawdown and changes with your balance. If you hit this limit, you will fail the challenge. This rule is in place to keep your losses in check and encourage better risk management.

Trading Days

During the challenge phase, there’s no minimum number of trading days required. You can trade as much or as little as you like within the 7-day challenge period. However, once you’re funded, you must trade at least 3 days to keep your account active.

Copy Trading

You can use copy trading during the challenge, but only for your own trades. This means you can copy your own trades across different accounts but not those of other traders. This rule helps ensure that the challenge reflects your trading skills accurately.

Payout Frequency and Profit Share

When you are funded, you can withdraw your profits every 14 days. Blueberry Funded splits the profits 80/20, where you keep 80% and Blueberry Funded takes 20%. This setup rewards you with the majority of the profits while Blueberry Funded gets their share.

Leverage

Different assets come with different leverage options. For forex, the leverage is 1:30, for indices and metals/commodities it’s 1:10, and for cryptocurrencies, it’s 2:1. This range helps you adjust your risk based on what you’re trading.

News Trading Restrictions

Trading around high-impact news events is restricted. You should avoid trading at least 10 minutes before and after such events. If you don’t follow this rule, you’ll get warnings and possibly face account termination. Any profit made during these periods will be removed from your payout.

Account Sizes

Blueberry Funded offers six account sizes to choose from. They range from $10,000 to $200,000. You can select an account size that fits your trading strategy and risk level.

Conclusion

The Blueberry Funded Rapid Challenge is a solid opportunity for traders to prove themselves and gain access to funded accounts. With specific profit targets, drawdown limits, and trading rules, it provides a structured environment that rewards skillful trading and risk management. Understanding these aspects can help you prepare and increase your chances of success.