When I will receive the 5RF Challenge after I sign up?

Access to Trading Platform & Dashboard: Upon confirmation of your payment, your access details for the Trading Platform and Dashboard will be sent within 5 minutes. Nevertheless, for crypto transactions, the confirmation duration depends on network traffic and blockchain verification, potentially causing delays. Validity of Our Crypto Wallet Addresses: It's vital to understand that our crypto wallet addresses are valid for only 1 hour. Sending payments post this timeframe means our system will cease tracking that transaction, resulting in potential loss of funds. In such scenarios, you won't be provided with login details. Steps If Credentials Aren't Received: If your account/card/crypto wallet reflects a deduction, but you haven't received access details after 12 hours, kindly inspect the spam, junk, promotional, and other sections of your registered email. If the welcome email remains elusive, engage with our live support, providing your registered email and transaction ID. Our Trader Success Team will guide you to retrieve your credentials and resume your journey. Cryptocurrency Payment Method: Remember, our crypto payment system processes transactions through almost all the most important cryptos in the market.

When does my evaluation period start for my challenge in 5RF?

During both the initial and secondary stages of our Dual Challenge the assessment period initiates the moment your first trade is set into motion. This encompasses even those orders that are queued but not yet activated.

I passed 5RF Challenge, now what?

Kudos on conquering the 5RF challenge! Once you have successfully navigated both stages of the Two Phase Challenge a confirmation email will reach your inbox. Simultaneously, your dashboard status will now read “WON”. To keep the momentum: Authenticate Your Identity: Post-challenge triumph, you'll get an email prompting identity verification. Click the contained link to upload a government-approved ID and a proof of address from the recent 60 days. As an alternative, your 5RF dashboard houses a Profile section for identity confirmation. Endorse the 5RF Contract: After your KYC verification stands confirmed, a subsequent email will be dispatched within two days, steering you to the 5RF Agreement on Adobe Sign for your endorsement. Be vigilant for this email.

How the maximum daily drawdown works in 5RF?

The Daily Stop Loss is the maximum your account can lose in any given day. Daily Stop Loss is calculated using the previous day balance which resets at 5 PM EST. Unlike other prop firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale profits without fear of losing your account. The Daily Stop compounds with the increase in your account. Example: if your prior day's end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $95,000 during the day. If your floating equity is +$6,000 on a $100,000 account, your new-day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $95,000.

Can I trade without Stoploss in 5RF?

Yes, you can trade without SL in all challenges and simulated funded accounts.

In 5rf, how are rewards for simulated funded accounts processed?

To submit a withdrawal request, traders must be eligible. Withdrawals are reviewed and approved within 1 to 2 business day for all challenges. Factors that might delay the aforementioned payout timeframes include investigations, failure to confirm the crypto payout address, failure to sign the agreement contract, and holidays.