Funding For Traders
Prove You Can Trade For Us

Smart Trading. Smart Traders.

Forex Practical Assessment

This is a single stage assessment.

Simply achieve a 10% profit target without breaching two simple risk management rules and you will be able to get funded with our live account.

Prove you can trade for us.

Features of our
 Practical Assessment?

The practical assessment is a demo account to demonstrate your ability to trade our live trading account.  The rules and limits are exactly the same as the live account. It is a one step process of achieving the profit target which is 10% of your starting balance, whilst adhering to the simple rules and risk management limits.

Single Payment

Our Practical Assessment is a single payment there are no monthly subscriptions.

Unlimited Time

You have an unlimited time to reach the profit target.

MetaTrader 4 Downloads

Simple Rules & Limits

Our simple risk management rules ensure maximum profit and protection for our trading capital.

Any Strategy

You may use any trading strategy, EAs or bots.


Tradeable Instruments
within our accounts






Please note: Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time.

FX Trading hours (except USDRUB) are the following:
Sunday: Open at 21:00 GMT – Close at 24:00 GMT
Monday to Thursday: Open at 00:00GMT – Close at 24:00 GMT
Friday: Open at 00:00 GMT – Close at 20:57 GMT
USDRUB: Mon -Fri 07:00 – 15:57 GMT
*Average prices are during London and New York sessions.
**Trading hours can change due to public holidays.


JP225, EU50, FR40, DE30, UK100, US500, UT100, US30, AU200.



Equities Indices


F40xx, UK100xx, USDIndexxx, DE30xx, US500xx, UT100xx, US30xx.


CHIN50xx, ESP35xx, INDIA50xx, Sing30xx, VIXxx.

Where “xx” refers to the expiry month and year.
First letter is the expiry month:
F Jan, G Feb, H Mar, J Apr, K May, M Jun, N Jul, Q Aug, U Sep, V Oct, X Nov, Z Dec
Second letter is the year: e.g. Dec-2019 is “Z9”
Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time.
*Typical prices are during London and New York sessions.








Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time.







Please Note: Liquidity and spreads can change due to market conditions. The information in this table is correct at the time of publication, we reserve the right to change its contents at any time.


Risk Management
 Rules and Limits

Our risk management rules are in place to protect our capital and to protect the profits you make.
These rules are not negotiable, so please don’t ask.
The rules and limits apply to both the Practical Assessment and the Live account.

Account Management

T4TCapital will manage your assessment automatically to ensure the risk is minimal, with industry standard metrics. If you breach any of the account management rules your trade will be closed. Please note: A breach of the account management rules does not mean a reset is required. Your trades that breach these rules will result in your trade being automatically closed, trades include open or pending trades.

Stop Loss attached to every trade.

All professional traders attach a Stop Loss to every trade the moment their trade hits the market.

Every time you open a position or place a pending order in the market it must have a valid stop loss attached to it!

What does this mean?
You cannot enter at market and then add a stop loss after you have placed the order. Every position you have must have a stop loss.

Why pending orders?
The entry order could be triggered and with no stop loss attached that could potentially result in the entire account being lost.

If you do have a market order or a pending order without a stop loss then the order will be automatically closed.

All trades closed by 1900GMT on Friday

You are not permitted to hold positions over the weekend. All positions will be closed automatically by T4TCapital on Friday 7.00pm GMT/UTC.

You are permitted to trade at all other times except if T4TCapital Management halts all trading due to ‘unforeseen highly volatility international events’. In this case, T4TCapital management will notify you directly about the trading halt.

This will not result in a reset.

Maximum Position Size

Your Maximum Position Size is controlled by the leveraging settings of our accounts. If MT allows you to place the trade you can do it. No more maximum lot size positions.

The account balance is leveraged at a ratio of 10:1. This simply means that for every $10,000 USD in your trading account, you can trade $100,000 USD or 1 standard lot.

The Risk Management Limits

If you breach any of the limits below your assessment will be closed. To continue with the assessment you can pay the reset fee for your account size and your account will be reset to the start balance and you may continue with the assessment.

Weekly Loss Limit

The Weekly Loss Limit is in place to protect your profits from the previous week. It is set at the beginning of each week and remains static for the rest of the week. It is calculated as 2% of the account starting balance subtracted from the weeks starting account balance.

Here’s an example:

Start Account Balance: $100,000
2%: $2,000

Week 1

Week Starting Balance: $100,000
Weekly Loss Limit: $98,000
You cannot go below $98,000 during Week 1

Week 2

Week Starting Balance: $103,000
Weekly Loss Limit: $101,000
You cannot go below $101,000

The 2% calculation remains during the duration of the Practical Assessment. Once you start the Live Trading Account this 2% is increased to 5% after achieving 10% profit giving the trader much more latitude in the Live Account.

Maximum Drawdown

The Maximum Drawdown is a trailing Drawdown until reaching the Account Start balance, where it becomes static at that point. It is calculated by subtracting 4% from the High Water Mark (Your highest account balance).

What does this mean?

Again the Maximum Drawdown is designed to protect your profits and also our maximum exposure.

Let’s take a look at an example:

Week 1

Account Start Balance:$100,000
Maximum Drawdown: $96,000

During Week 1 you make $3,000 profit taking your Account Balance to $103,000, this now your High Water Mark and your Maximum Drawdown has increased to $99,000. You cannot go below this figure with your Equity Balance.

Week 2

Account Balance: $104,000
Maximum Drawdown: $100,000
You now have a great week and make $5,000 taking your Account Balance to $109,000. Your Maximum Drawdown has already reached the account starting balance of $100,000. It remains there from now on.

Reset Fee
The Reset Fee is only applicable to the Practical Assessment, there is no reset fee on the Live Accounts. If you break the Rules and/or the Limits on the Live account then your account is closed.

For the Practical Assessment
You may reset your account under the following conditions:

  • Upon breach of any of the rules and/or limits.

  • At anytime you wish.

The price of the reset fee is dependent upon the starting account size of your practical assessment. If you are an experienced FX trader it is very unlikely you will need to reset your account.

"If an investor can achieve an average annual return of 20 percent, then, after 45 years, an initial investment of $1 million will appreciate to $3.6 billion. Wow!"

Choose your entry level into the
 USD$1,000,000 Challenge

wdt_ID Entry Level Account Size Leverage Profit Target One Off Fee Reset Fee START TODAY
1 Level 1 USD$25,000 1:10 10% USD$125 USD$199
2 Level 2 USD$50,000 1:10 10% USD$250 USD$199
3 Level 3 USD$100,000 1:10 10% USD$350 USD$199
4 Level 4 USD$250,000 1:10 10% USD$1,250 USD$500
5 Level 5 USD$500,000 1:10 10% USD$2,500 USD$1000
6 Level 6 USD$750,000 1:10 10% USD$3,750 USD$1500
7 Level 7 USD$1,000,000 1:10 10% USD$5,000 USD$2000

Frequently Asked Questions for
 The Practical Assessment

What is the time limit to pass the assessment?

There is no time limit. We are looking for consistent, responsible risk managers. Putting a time constraint on traders encourages overleveraging and over trading. Take your time and you will get through easily.

Is the Practical Assessment a demo account?

Yes it is.

To enable us to assess your ability we use a demo account without risk. The Forex Practical Assessment demo account performs in the same way as the forex live account, so when you start trading with real money you will not notice any difference.

Can I make cash with the Practical Assessment?

No, it is a demo account.

Can I trade my own strategies?

Yes you can. You can trade whatever trade methodology you wish, as long as you adhere to the rules.

Can I use Expert Agents, bots and algos?

Yes you can. You are responsible for their operation and to ensure they adhere to the rules. A malfunctioning EA, bot or algo is not an excuse for breaching the rules.

What is the leverage on the accounts?

This controls the maximum exposure.

What happens if I breach the rules?

In the unlikely event of breaching the rules you can reset the account back to the start account balance. You will need to pay the appropriate fee according to your account size you are trading. For example if you are taking the USD$100,000 Forex Practical Assessment, the reset fee is USD$199.

You may also reset your account at anytime you wish if you want to start from scratch again.

Do you allow Scalping?

Yes we do.

Is the Practical Assessment fee a monthly subscription?

No. This goes against everything we promote, we want long term consistent traders . We do not want to encourage you to over trade and over leverage. Take your time we’ve removed the pressure.

What happens when I reach the Profit Target?

You can notify us by email, although we will have seen you have achieved. Our audit team will go through your trading history to ensure you havnt breached any of the rules and if all is in order, then you will receive your live trading account login details within 3 business days or earlier whilst we transfer funds into your new live trading account. Remember you are trading our account and we are not transferring funds to your account.

Can I use my broker?

No you are trading our accounts. We have our own liquidity provider and you will be provided with the account details to trade.

How long will it take to pass the assessment?

How long is a piece of string. This depends on your ability to chose the correct trades and of course if the market is behaving itself and has good volatility.

Can I have more than one practical assessment?

No you are limited to one. You should chose the account size you can afford to start your journey to the USD$1,000,000 account!

Can I get a refund?

Yes. If you have bought a Practical Assessment and have changed your mind we will refund your fee straightaway without question.

There is no refund if:

  1. You have started trading the account.
  2. You have breached the rules and failed the assessment.

Can I trade my own personal account at the same time?

Yes of course. In fact we encourage it. Make some real cash whilst taking the assessment.

How long will my Practical Assessment be active?

You will have plenty of time to trade the Practical Assessment. The account will remain active for 3 months after your last trade. If you do not trade the account for 3 months then the account will be deleted and you will need to purchase another Practical Assessment.

Do you allow hedging?

Yes we do.

Practical Assessments from
USD$25,000 to USD$1,000,000

Smart Trading. Smart Traders.