Company Information
- Company Name: Blackwolf Trading
- Company Legal Name: Blackwolf Trading, Inc.
- Company Registration No.: P23000057670
- Operating Since: October 2023
- CEO Name: Undisclosed
Challenge Details
Blackwolf Trading provides three types of challenges with distinct rules, targets, and pricing options. Each challenge is crafted to test traders' abilities and reward them with a funded account upon successful completion.
1-Step Challenge
Pricing:
- Size: $10,000 - $85
- Size: $25,000 - $210
- Size: $50,000 - $425
- Size: $100,000 - $850
- Size: $200,000 - $1,700
- Size: $500,000 - $4,250
Rules:
- Profit Target: 10%
- Total Loss: 6%
- Daily Loss: 5%
- Profit Share: 80%, with an additional 90% option
- Drawdown Type: Trailing Drawdown
- Time Limit: Unlimited
- Leverage: Forex, Metals, and Indices - 10:1; Equity Shares - 5:1; Cryptos - 2:1
- Max Lot Size: No limit
- Payout Frequency: Every 30 days
- Allows Copy Trading: No
- Min Trading Days: 0
2-Step Challenge
Pricing:
- Size: $10,000 - $110
- Size: $25,000 - $250
- Size: $50,000 - $345
- Size: $100,000 - $525
- Size: $200,000 - $1,225
- Size: $500,000 - $2,400
Rules:
- Profit Target (Phase 1): 10%
- Profit Target (Phase 2): 5%
- Total Loss: 8%
- Daily Loss: 4%
- Profit Share: 80%, with an additional 90% option
- Drawdown Type: Static Drawdown
- Time Limit: Unlimited
- Leverage: Forex - 30:1; Metals and Indices - 10:1; Equity Shares - 5:1; Cryptos - 2:1
- Max Lot Size: No limit
- Payout Frequency: Every 30 days
- Allows Copy Trading: No
- Min Trading Days: 0
3-Step Challenge
Pricing:
- Size: $10,000 - $77
- Size: $25,000 - $175
- Size: $50,000 - $240
- Size: $100,000 - $365
- Size: $200,000 - $700
- Size: $500,000 - $1,680
Rules:
- Profit Target (Phase 1): 5%
- Profit Target (Phase 2): 5%
- Profit Target (Phase 3): 5%
- Total Loss: 5%
- Daily Loss: 0%
- Profit Share: 80%, with an additional 90% option
- Drawdown Type: Static Drawdown
- Time Limit: Unlimited
- Leverage: Forex, Metals, and Indices - 10:1; Equity Shares - 5:1; Cryptos - 2:1
- Max Lot Size: No limit
- Payout Frequency: Every 30 days
- Allows Copy Trading: No
- Min Trading Days: 0
Scaling Plan
Currently, Blackwolf Trading does not offer a scaling plan.
Spreads and News Trading Rules
Spreads:
Blackwolf Trading has partnered with ThinkMarkets to provide the most competitive spreads in the market.
News Trading Rules:
BlackWolf Trading allow their traders to trade during news events as long as pricing data from the broker is continuously available.
Other Important Rules
Daily Drawdown Calculation
Blackwolf Trading uses a unique calculation method based on the previous day’s balance which resets at 5 PM EST. This drawdown does not count floating balance or equity to calculate daily drawdown.
Countries Banned from Purchasing
Traders from all countries are allowed to join Blackwolf Trading, except those in OFAC-listed nations. Traders can check the OFAC-listed countries here - https://ofac.treasury.gov/sanctions-programs-and-country-information
Prohibited Trading Strategies
Blackwolf Trading maintains strict guidelines on trading strategies. The following practices are banned:
- Exploiting errors or latency in broker pricing or platforms.
- Using insider or non-public information.
- Front-running trades.
- Engaging in activities that risk Blackwolf’s relationship with brokers.
- Strategies that raise regulatory issues for brokers.
- Utilizing pre-made or third-party strategies marketed specifically for passing challenge accounts.
- Switching strategies after passing an assessment.
- Holding Single Share Equity CFDs into earnings releases.
- Trading Equity CFDs at the end of the trading day with the intent to profit from the market gap.
- Arbitraging with other accounts (including third-party accounts).
If a trader violates these rules, they may lose their participation in the program, forfeit fees, or even lose their funded account.
Payout Methods
Blackwolf Trading offers two payout options:
- Cryptocurrency
- Bank Transfer
Trading Commissions
Blackwolf Trading uses RAW accounts provided by their broker ThinkMarkets to provide the most competitive commission charges for Forex and Equity Share CFDs. Other products incur no additional commission.