Challenge4Trading
Details About Challenge4Trading
- Legal Name: The legal name of Challenge4Trading is Adnessy SAS.
- Company Number: The registration number of Challenge4Trading is 880561055.
- Country of Registration: Challenge4Trading is registered in FR.
- CEO: The CEO of Challenge4Trading is David Behar.
- Support Mail: You can contact Challenge4Trading at [email protected].
- Phone: The phone number for Challenge4Trading is +33 1 89 71 58 87.
- Payment Modes: Challenge4Trading supports payments via Crypto, Mastercard, Visa, Credit/Debit Card.
- Withdrawal Modes: Challenge4Trading facilitates withdrawals through Crypto, Wire Transfer/ Bank Transfer.
- Official Website: Visit the official website of Challenge4Trading at https://www.challenge4trading.com.
- Banned Countries: Challenge4Trading does not allow traders from United States.
Challenge Details at Challenge4Trading
- Types of Challenge:The challenges offered at Challenge4Trading include One Phase Challenge, Two Phase Challenge.
- Trading Platforms:Challenge4Trading supports trading on Sirix.
- Trading Instruments:Traders at Challenge4Trading can trade Forex, Crypto, Futures, Indices, Commodities, Metals.
- Broker:The broker associated with Challenge4Trading is FXPN.
- Max Allocation:The maximum allocation provided by Challenge4Trading is 500,000.
- Scaling:The scaling potential at Challenge4Trading reaches up to not available.
- Trading Competitions:Challenge4Trading organizes trading competitions for traders.
- Free Trials:Challenge4Trading does not offer free trials to its users.
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.
Challenge4Trading Challenge Account Pricing
Basic
Pricing
Size: $15000 ($150)
Size: $25000 ($250)
Size: $50000 ($350)
Size: $100000 ($550)
Size: $250000 ($1100)
Size: $500000 ($1800)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
10%
EA Allowed
EA Not Allowed
News Trading
News Trading is Not Allowed
Profit Target
8%-5%
Daily Loss
5%
Advanced
Pricing
Size: $15000 ($180)
Size: $25000 ($300)
Size: $50000 ($420)
Size: $100000 ($660)
Size: $250000 ($1320)
Size: $500000 ($2160)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
6%
EA Allowed
EA Not Allowed
News Trading
News Trading is Not Allowed
Profit Target
10%
Daily Loss
3%
Frequently Asked Questions
Reviews
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