CK Capital is a fairly new prop firm which was started in April 2024 and led by CEO Daniel Cheung. CK Capital offers clear trading challenges and competitive profit share options. Traders can trade with capital of up to $100,000 with the maximum allocated capital of $200,000 and can withdraw up to 100% of the profit they make. 

Company Information

Company Name: CK Capital
Company Legal Name: CK Capital Group LTD
Company Registration No.: 15658914
Operating Since: 18 April 2024
CEO Name: Daniel Cheung
Company Address: 6-7 Waterside Station Road, Harpenden AL5 4US

Challenge Details

CK Capital offers two main challenge programs to its traders: the Lightweight Challenge and the Heavyweight Challenge.

Lightweight Challenge

Pricing:

• Size: $5,000 ($88)
• Size: $10,000 ($128)
• Size: $25,000 ($228)
• Size: $50,000 ($328)
• Size: $100,000 ($528)

Rules:

• Profit Target (Phase 1): 7%
• Profit Target (Phase 2): 5%
• Total Loss: 8%
• Daily Loss: 4%
• Profit Share: Starts at 80%, can go up to 100%
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage: Dependent on platform
• Max Lot Size: See max lot size limits below
• Payout Frequency: Every 14 days
• Allows Copy Trading: Yes
• Min Trading Days: 1

Heavyweight Challenge

For the experienced traders ready to go all-in, the Heavyweight Challenge offers larger payouts and a bit more of a challenge.

Pricing:

• Size: $5,000 ($88)
• Size: $10,000 ($128)
• Size: $25,000 ($228)
• Size: $50,000 ($328)
• Size: $100,000 ($528)

Rules:

• Profit Target (Phase 1): 10%
• Profit Target (Phase 2): 5%
• Total Loss: 8%
• Daily Loss: 4%
• Profit Share: 100% on the first payout, 80% afterwards
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage: Dependent on platform
• Max Lot Size: See max lot size limits below
• Payout Frequency: Every 14 days
• Allows Copy Trading: Yes
• Min Trading Days: 1

Lot Size Limits

CK Capital imposes specific lot size limits based on your account size:

• $10,000 - Max 5 lots
• $25,000 - Max 10 lots
• $50,000 - Max 20 lots
• $100,000 - Max 40 lots

Leverage Offered

CK Capital provides different leverage options depending on the platform you use.

• cTrader Platform:
  • Forex: 1:50
  • Indices: 1:10
  • Commodities: 1:20
• TradeLocker Platform (for US and Canadian traders):
  • Forex: 1:30
  • Indices: 1:10
  • Commodities: 1:9

Scaling Plan

CK Capital does not offer a scaling plan for its traders. Once you're funded, you stick to your account size but CK capital does offer a max capital of $200,000.

Spreads and News Trading Rules

Spreads:
Unfortunately, CK Capital does not specify any spreads for its accounts. However, their competitive pricing suggests that they aim to keep trading conditions trader-friendly.

News Trading Rules:
Yes, CK Capital allows traders to hold trades during high-impact news events. However, they impose strict rules around opening, closing, and setting orders within certain time frames:

• No opening new trades 8 minutes before or after the news release.
• No closing trades or setting stops 5 minutes before or after the event.
• Any profits made from violating these rules may be voided, and your account may be terminated.

Other Important Rules

Daily Drawdown Calculation

CK Capital calculates the daily drawdown based on the higher of your account balance or equity at the 5 pm EST day change. The drawdown limit recalculates itself based on the account balance and can increase or decrease as the account grows or shrink. 

Countries Banned from Purchasing

CK Capital restricts traders from certain regions, likely due to legal or regulatory issues. The following countries are banned from registering:

• Afghanistan
• Belarus
• Burundi
• Central African Republic
• Chad
• Democratic Republic of the Congo
• Region of Crimea
• Eritrea
• Iran
• Iraq
• Cuba
• North Korea
• Libya
• Myanmar
• Somalia
• Sudan
• Russia
• South Sudan
• Syria
• Yemen
• Venezuela
• Vietnam
• United States
• Pakistan

Gambling Rules

CK Capital takes a firm stance against gambling-like trading practices. If they find that you are using strategies such as arbitrage, latency trading, or exploiting market mispricing, they will terminate your account.

Prohibited Trading Strategies

CK Capital has strict guidelines when it comes to trading practices, and violating them could result in account termination. Some prohibited strategies include:

• Arbitrage
• Latency trading
• High-frequency trading
• Trading based on news (no directional trading, straddles, or strangles)
• Reverse trading
• Group hedging
• Account management services

Payout Methods

CK Capital offers flexibility when it comes to payouts. Traders can choose between fiat and crypto withdrawals which will be processed through Rise.

Trading Commissions

For traders at CK Capital, commissions are as follows:

• Forex, Metals, and Commodities: $6 per lot (round trip)
• Indices: Zero commission