KOT4X is thrilled to introduce a new Funded Account Challenge for our successful traders!
This challenge is designed to assess your trading abilities and reward you with a funded account that lets you trade without the risk of losing your capital.
Traders who pay an entry fee and complete the first two steps of the challenge by meeting all necessary criteria will be granted access to a Live Trading Account, allowing them to benefit from 80% of any profits earned during trading.
We offer various account sizes to our customers, and you can choose the challenge you prefer from your dashboard. Currently, we have the following plans available: $50k, $100k, and $200k.
For all challenges, certain criteria must be met:
Stage 1: Evaluation of your trading skills
- Achieve a 10% profit within 30 days
- Trade for a minimum of 6 days
- Daily loss/drawdown* should not exceed 5%
- Maximum overall loss should not exceed 10%
- Consistency Rule: Your best trading day should not exceed 30% of your overall profit target**
Stage 2: Verification of your trading skills
- Achieve a 5% profit within 60 days
- Trade for a minimum of 6 days
- Daily loss/drawdown* should not exceed 5%
- Maximum overall loss should not exceed 10%
- Consistency Rule: Your best trading day should not exceed 30% of your overall profit target**
*The maximum loss/drawdown (equity) is calculated using the formula: ((current equity – end of previous day equity) / end of previous day equity) x 100.
Before proceeding to the final stage, our Trade Expert Team will evaluate your trading strategy and consistency. You can monitor your trading performance using the evaluation criteria under the Challenge Accounts tab, such as Profit Factor, Lots, Average Loss, Average Win, Win Rate, and Average Trade Duration.
To sign up for your Challenge Dashboard, click/tap here.
