Company Information

Company Name: Challenge4Trading
Company Legal Name: Adnessy SAS
Company Registration Number: 880561055
Operating Since: July 2024

Challenge Details

Challenge4Trading offers two challenge types :- Basic and Advanced.

Basic Challenge Details:-

For those new to prop firm trading or looking for a lower entry cost, the Basic Challenge provides a set of achievable profit and risk limits. Here’s what you need to know:

Pricing:

€15,000 Account: €150
€25,000 Account: €250
€50,000 Account: €350
€100,000 Account: €550
€250,000 Account: €1,100
€500,000 Account: €1,800

Rules:

Profit Target (Phase 1): 8%
Profit Target (Phase 2): 5%
Total Loss Limit: 10%
Daily Loss Limit: 5%
Profit Share: 80%
Drawdown Type: Static
Time Limit: Unlimited
Leverage: 30:1
Max Lot Size: No limit
Payout Frequency: Every 30 days
Allows Copy Trading: Yes
Minimum Trading Days: 3

Advanced Challenge Details:-

The Advanced Challenge is designed for experienced traders who want a higher level of challenge and are comfortable with tighter risk parameters.

Pricing:

€15,000 Account: €180
€25,000 Account: €300
€50,000 Account: €420
€100,000 Account: €660
€250,000 Account: €1,320
€500,000 Account: €2,160

Rules:

Profit Target: 10%
Total Loss Limit: 6%
Daily Loss Limit: 3%
Profit Share: 80%
Drawdown Type: Static
Time Limit: Unlimited
Leverage: 30:1
Max Lot Size: No limit
Payout Frequency: Every 30 days
Allows Copy Trading: Yes
Minimum Trading Days: 3

Scaling Plan

Challenge4Trading currently does not offer a scaling plan. This means that account sizes are fixed and will not automatically increase based on performance.

Spreads and News Trading Rules

Spreads

Challenge4Trading has not disclosed specific information about spreads.

News Trading Rules

Challenge4Trading prohibits trading during major news events. Traders are not allowed to trade 2 minutes before or after the news event. During this 4 minutes window, Traders can not open or modify any trades, doing so can lead to breach.

Other Important Rules

Daily Drawdown Calculation

Daily drawdown limits are determined based on whichever is higher between your equity or balance at the end of each day. This means the daily drawdown threshold can increase or decrease based on your account’s performance.

Countries Banned from Purchasing

Currently, Challenge4Trading does not offer its services to traders in the United States due to regulatory restrictions.

Gambling Rules

Challenge4Trading takes trading seriously and prohibits any form of gambling-related trading activities. Violations can result in immediate account termination. Here are activities Challenge4Trading considers gambling:

Overleveraging: Excessively high risk in a single trade
One-Sided Bets: Betting heavily in one market direction without a balanced approach
Account Rolling: Quickly rolling over profits and losses without consideration for long-term strategy
Single Instrument Trading: Focusing solely on one market instrument repeatedly

Prohibited Trading Strategies

Certain strategies are prohibited to ensure a fair and consistent trading environment:

Using External or Slow Data Feeds: Trading with delayed information
Hedging Between Accounts: Engaging in contradictory trades across multiple accounts
Exploiting System Errors: Using strategies that take advantage of pricing errors or update delays
Gap Trading: Exploiting market gaps
High-Frequency Trading (HFT): Rapid and excessive trading in a short period

Payout Methods

Challenge4Trading provides bank transfers as the primary method for receiving payouts. Be sure to review any banking policies or fees that may apply to international transfers, if applicable and Traders can also withdraw their profits via Crypto as well.

Trading Commissions

Details on trading commissions are not explicitly mentioned. It's advised to consult Challenge4Trading directly or through your trading platform for more specific information.

IP Rule

Challenge4Trading has not provided any details regarding IP restrictions or requirements.

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