$1,000,000Funding Challenge Assessment.
Prove You Can Trade & We'll Fund You
Trading Assessment
This is a single stage assessment trading demo account, with a single payment and an unlimited time limit.
You can think of it as the funded trader competition.
To get funded achieve an 8% profit target with no extreme risk (your best trade day<40% of total profits) and without breaching the Maximum Loss Limit (5% of the account starting balance) and you will get funded with our live account.
Prove you can trade the Financial Markets.
Features of our Funding Challenge Multi-Asset Class Trading Demo Account?
Single Payment
Our Funding Challenge is a single payment there are no monthly subscriptions.
No Time Limit
Unlimited time to reach the profit target. So no pressure.
Simple Rules & Limits
Simple Risk Management rules for maximum profit & protection for trading capital.
Trading Strategy
Trade your way, EAs or bots. No Martingale Strategy.
Tradable Instruments for both our Funding Challenge and Live Funded Accounts
Majors
EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDJPY, USDCHF, AUDCAD, AUDCHF, AUDJPY, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, GBPAUD, GBPCAD, GBPCHF, GBPJPY.
Minors
AUDNZD, AUDSGD, EURDKK, EURHKD, EURHUF, EURPLN, EURNOK, EURNZD, EURSGD, EURTRY, GBPNZD, GBPSGD, NZDCAD, NZDCHF, NZDJPY, NZDSGD, SGDJPY, USDBRL, USDCNH, USDDKK, USDHUF, USDMXN, USDNOK, USDPLN, USDSEK, USDSGD, USDTHB, USDTRY, USDZAR, ZARJPY, MXNJPY, NOKJPY, CNHJPY.
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.
Major Indices
ASX200, US30, FRA40, GER30, UK100, EUSTX50, NDX100, JPN225, SPX500, US2000, HK50, SWI20, CAN60, NTH25.
Index
VIX, USDX.
Includes 208 Cryptos: High Cap, Mid Cap, Low Cap, Crypto Crosses and Crypto Index
High Cap
ADAUSD, AVAXUSD, BCHUSD, BNBUSD, BTCUSD, DOGEUSD, DOTUSD, ETHUSD, FILUSD, ICPUSD, LINKUSD, LTCUSD, LUNAUSD, MATICUSD, SOLUSD, TRXUSD, UNIUSD, VETUSD, XLMUSD, XRPUSD.
Mid Cap
AAVEUSD, ALGOUSD, AMPLUSD, ATOMUSD, AXSUSD, CAKEUSD, CHZUSD, COMPUSD, DSHUSD, EGLDUSD, EOSUSD, FLOWUSD, GRTUSD, HOTUSD, IOTAUSD, KSMUSD, LEOUSD, MKRUSD, NEOUSD, RUNEUSD, SHIBUSD, STXUSD, SUSHIUSD, THETAUSD, XMRUSD, XTZUSD, ZECUSD, MANAUSD.
Low Cap
Crypto Crosses
Includes: AUD, EUR, CAD, GBP and MXN crosses
Crypto Index
ALT10, CCI9, CRYPTO10, CRYPTO25, DEFI25.
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.
Oil
USOUSD (US Oil), UKOUSD (UK Oil)
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.
Metals
XAUUSD, XAGUSD, XPTUSD.
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.
Majors
EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDJPY, USDCHF, AUDCAD, AUDCHF, AUDJPY, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, GBPAUD, GBPCAD, GBPCHF, GBPJPY.
Minors
AUDNZD, AUDSGD, CNHJPY, EURDKK, EURHKD, EURHUF, EURNOK, EURNZD, EURPLN, EURSGD, EURTRY, GBPNZD, GBPSGD, NZDCAD, NZDCHF, NZDJPY, NZDSGD, NZDUSD, SGDJPY, USDBRL, USDCNH, USDDKK, USDHKD, USDHUF, USDMXN, USDNOK, USDPLN, USDSEK, USDSGD, USDTRY, USDZAR, USDTHB, ZARJPY, MXNJPY, NOKJPY.
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.
Major Indices
ASX200, US30, FRA40, GER30, UK100, EUSTX50, NDX100, JPN225, SPX500, US2000, HK50, SWI20, CAN60, NTH25.
Index
VIX, USDX.
ASX - Australian Stock Exchange
A2M, ABP, ADN, AGL, ALL, ALQ, ALU, ALX, AMC, AMP, APX, ASB, ASX, ANN, ANZ, APA, APT, ARB, AVH, AWC, AZJ, BAP, BEN, BGA, BHP, BKL, BLD, BIN, BVS, BOQ, BPT, BRG, BSL, BWP, BXB, CAR, CBA, CCL, CCP, CGC, CGF, CHC, CIM, CLW, CMW, CNU, COH, CPU, CQR, CSL, CTD, CWN, CWY, CKF, COL, COE, DHG, DMP, DOW, DXS, EHE, ELD, EVN, EML, FBU, FLT, FMG, FPH, GEM, GMG, GNC, GOZ, GPT, GUD, GOR, GXY, HUB, HLS, HVN, IAG, IEL, IFL, IFM, IGO, ILU, INA, ING, IPL, IRE, IVC, JBH, JIN, JHX, KGN, LYC, LLC, LNK, MFG, MGR, MIN, MICH, MMS, MND, MSB, MPL, MQG, MTS, MYX, NAB, NAN, NCM, NEC, NHF, NST, NUF, NEA, NHC, NWH, NWL, NWS, NXT, OML, ORA, ORE, ORG, ORI, OZL, PDL, PNI, PNV, PLS, PMV, PPE, PPT, PME, PTM, QAN, QBE, QUB, RAC, REA, RHC, RIO, RMD, RRL, RSG, RWC, S32, SAR, SBM, SCG, SCP, SEK, SFR, SGM, SGP, SGR, SHL, SIG, SIQ, SKC, SKI, SOL, SPK, STO, SUL, SUN, SXL, SLR, SSM, SYD, TAH, TCL, TGR, TLS, TPM, TWE, TNE, UMG, URW, VCX, VEA, VVR, WBC, WEB, WES, WHC, WOR, WOW, WPL, WSA, WTC, XRO, ALD, VUL, CHN, EMN, EDV, VUK, CDA, NIC, UWL, WPR, PPH, LOV, AFI, AIA, ARG, CEN, CIP, LFS, LTR, MP1, OGC, PBH, PXA, WAM, YAL, AGG, PRU_AU, ADT, BGL, CNI_AU, PDN, AGE, BOE, CXO, ERA, DYL, BMN, PEN, LOT, VMY, NVX, STW, VGS, VTS, IMU, AAA, SNZ, IOO, VAP, VEU, 360, VHY, TLX, ASM, ZEL, DEG, JLG, AIZ, AEF, RBD, ARF, MXT, WLE, FCL, PSI, CMM, IMD, CQE, BRN, SQ2, KAR, ZIP.
NAS - NASDAQ
AAPL, ADBE, AMZN, ASML, AVGO, CMCSA, COST, CSCO, FB, GOOGL, INTC, MSFT, NFLX, NVDA, PEP, PYPL, QCOM, TMUS, TSLA, AMD, MU, ZM, SBUX, HOOD, CHTR, TXN, HON, INTU, MRNA, AMGN, AMAT, ISRG, PDD, BNTX, ROKU, PTON, ADSK, AEP, ALGN, ANSS, ATVI, BIDU, BIIB, BKNG, CDNS, CDW, CERN, CHKP, CPRT, CRWD, CSX, CTAS, CTSH, DLTR, DOCU, EA, EBAY, EXC, FAST, FISV, FOX, GILD, IDXX, ILMN, INCY, KHC, KLAC, LRCX, LULU, MAR, MCHP, MDLZ, MELI, MNST, MRVL, NTES, NXPI, ORLY, PAYX, PCAR, REGN, ROST, SIRI, SNPS, SPLK, SWKS, VRSK, VRSN, VRTX, WBA, WDAY, XEL, XLNX, ADI, JD_US, MTCH, TCOM, API_US, META, APD, CME, EQIX, BBBY.
NYSE - New York Stock Exchange
ABBV, ABT, ACN, BAC, BRK.A, CRM, CVX, DIS, DHR, HD, JNJ, JPM, KO, MA, MCD, MDT, MRK, NKE, NVS, ORCL, PFE, PG, T, TM, TMO, TSM, UNH, V, VZ, WMT, XOM, TWTR, FCX, DAL, LUV, X, CAT, PHM, GE, GM, F, BBY, GPS, M, TSN, GS, USB, WFC, SHOP, NVO, PM, NEE, BMY, BHP_US, LIN_US, SAP_US, SQ, FDX, SPOT, MMM, UPS, LTHM, PLTR, AR, XPEV, OXY_US, BTU, BABA, LLY, MS, UNP, SONY, SCHW, LOW, RY, BLK, UL, TD, SE, TTE, CVS, EL, AXP, RTX, NOW, AMT, DEO, HDB, BA_US, C, HSBC, PLD, SPGI, TGT, SNOW, DE, ZTS, GSK_US, ANTM, NET, ARCH, MO, LMT, BB, BYND, IBM, RIG, AMC_US.
LSE - London Stock Exchange
AAL, ABF, ADM, AHT, ANTO, AUTO, AV, AVST, AVV, AZN, BA, BARC, BATS, BDEV, BHPL, BKG, BLND, BNZL, BP, BRBY, BTA, CCH, CPG, CRDA, CRH, DCC, DGE, ENT, EVR, EXPN, FERG, FLTR, FRES, GLEN, GSK, HIK, HL, HLMA, HSBA, IAGL, ICP, IHG, III, IMB, INF, ITRK, JD, JET, JMAT, KGF, LAND, LGEN, LLOY, LSEG, MNDI, MNG, MRO, NG, NWG, NXTL, OCDO, PHNX, POLY, PRU, PSH, PSN, PSON, RDSA, REL, RKT, RMV, RR, RSW, RTO, SBRY, SDR, SGE, SGRO, SKG, ABDN, SLA, SMDS, SMIN, SMT, SN, SPX, SSE, STAN, STJ, SVT, TSCO, TW, ULVR, UU, VOD, WEIR, WPP, WTB, ITV, RMG, RIOL, WISE, PANR.
GER - Frankfurt Stock Exchange
1COV, ADS, ALV, BAS, BAYN, BEI, BMW, CON, DAI, DB1, DBK, DHER, DPW, DTE, DWNI, ENR, EOAN, FME, FRE, HEI, HEN3, IFX, LHA, LIN, MRKD, MTX, MUV2, RWE, SAP, SIE, TKA, VNA, VOW3, SEMHF, HLAG, EBK, AIR, PUM, HFG, PAH3, QIA, ZAL, SRT, SY1, BNR.
Exchange Trading hours are the following:
Monday to Friday:
ASX: 03:05 - 8:55
NAS: 16:35 - 22:55
NYSE: 16:35 - 22:55
LSE: 10:05 - 18:25
GER: 11:05 - 18:25
All times are in server time (GMT +3).
You can also view the session times by going on the MT5 Platform, right click on the symbol > specification, and the times will be visible down the bottom.
Trading hours can change due to public holidays.
Includes 330 Cryptos: High Cap, Mid Cap, Low Cap, Crypto Crosses and Crypto Index
High Cap - 20
ADAUSD, AVAXUSD, BCHUSD, BNBUSD, BTCUSD, DOGEUSD, DOTUSD, ETHUSD, FILUSD, ICPUSD, LINKUSD, LTCUSD, LUNAUSD, MATICUSD, SOLUSD, TRXUSD, UNIUSD, VETUSD, XLMUSD, XRPUSD.
Mid Cap - 28
AAVEUSD, ALGOUSD, AMPLUSD, ATOMUSD, AXSUSD, CAKEUSD, CHZUSD, COMPUSD, DSHUSD, EGLDUSD, EOSUSD, FLOWUSD, GRTUSD, HOTUSD, IOTAUSD, KSMUSD, LEOUSD, MKRUSD, NEOUSD, RUNEUSD, SHIBUSD, STXUSD, SUSHIUSD, THETAUSD, XMRUSD, XTZUSD, ZECUSD, MANAUSD.
Low Cap - 78
Crypto Crosses - 198
Includes: AUD, EUR, CAD, GBP and MXN crosses
Crypto Index
ALT10, CCI9, CRYPTO10, CRYPTO25, DEFI25.
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.
Oil
USOUSD (US Oil), UKOUSD (UK Oil)
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.
Gold
XAUUSD, XAUEUR, XAUAUD, XAUGBP, XAUJPY.
Silver
XAGUSD, XAGEUR, XAGJPY.
Other
XPTUSD, XZNUSD, XNIUSD, XPDUSD.
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.
Funding Challenge Packages
Choose your entry level into the USD$1,000,000 Challenge
Once you have signed up you will receive your Funding Challenge Trading Demo Account immediately, so you can start trading straightaway.
Trading Platform technology is powered by Eightcap.
Traders can choose their preferred platform when signing up with T4TCapitalFM, subject to availability.
*Earn up to 90% of the Profits
Initial Profit Share
Your Profit Share
Scale Up Your Account
Your Profit Share
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. This is not a free funded trader program.
The rules and limits apply to both the Funding Challenge Trading Demo Account and the Live account.
Risk Management
Trading Rules and Account Limits
Trading Rules – Soft Breach (Continue Trading)
T4TCapital will manage your challenge 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.
Maximum Position Risk of all open trades must not exceed 3.0% of your account equity.
Before a trader opens any position, they will have 3.0% of risk available. If the Maximum Loss Limit is within 3.0% then they will only have that smaller limit available.
Updating Available Risk – If a trader has 2 trades open with risk totally 3.0% and the positions are in profit, if they raise their stop loss orders to breakeven on both trades then they get 3.0% of additional ‘Available Risk’ to trade with.
All trades must have a Valid Stop Loss attached to every trade at entry into the market.
When you open a position there are two variables that determine the amount of risk you have open. First, the lot size and second, the size of the stop loss (i.e., the distance from the open price to your stop out level.) You have 3% of Available (Maximum Open) Risk at any one time.
A valid stop loss means your stop loss must be within your ‘Available Risk’ Limits.
For example, if you’re trading a $100K account you can be long 10 lots EURUSD with a maximum stop loss of 30 pips. If you tried to apply a bigger stop loss the position will be closed out and you will more than likely incur a slight loss.
Traders have an unlimited amount of time to hit the Profit target.
Your largest profit day must be below 40% of your total profits made.
We want profitable traders with consistent risk management, not one hit wonders that make a lot of money on one day and lose every other day. If there’s no plan going up then there’s definitely no plan going down!
Rule: The Martingale Trading Strategy is prohibited.
This trading strategy is as close to gambling as you’re going to get in trading. Anyone found to be using the Martingale Trading Strategy or variance thereof will result in a hard breach of their assessment or live trading account.
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.
Account Limits – Hard Breach (Reset Required)
If you breach the limit below your Challenge account will be closed. To continue with the Challenge 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 Challenge.
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 5% 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: $95,000
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 $98,000. You cannot go below this figure with your Equity Balance.
Week 2
Account Balance: $105,000
Maximum Drawdown: $100,000
You now have a great week and make $5,000 taking your Account Balance to $110,000. Your Maximum Drawdown has already reached the account starting balance of $100,000. It remains there from now on.
Weekly Loss Limit – For Challenge Accounts
Incurred losses cannot exceed 2.5% of your account equity in a given trading week.
This rule protects you from yourself and keeps you in the game longer!
The Weekly Loss Limit is reset every week on the Monday open.
For example, a trader with a $100,000 funded account would have a $2,500 weekly loss limit. If the trader ran up a profit of $20,000 and their starting balance on the Monday open was $120,000 their new weekly loss limit would be $3,000 or 2.5% of their new balance of $120,000.
The Weekly Loss Limit will prevent a cataclysmic drawdown in your live account.
Weekly Loss Limit – For Live Funded Accounts
Incurred losses cannot exceed 2.5% of your account equity in a given trading week.
For Live Accounts there are two outcomes:
- If a trader hits the WLL and by doing so their account is in the RED (below the starting balance) the account is closed. (The reason for this is to deter traders from loading up as soon as they get their live account).
- If the traders account is in profit, the trader has 3 WLL strikes before their account is closed and any remaining profits will be split according to the profit share agreement. (This gives the trader ample time to correct their capital management).
Frequently Asked Questions for the Funding Challenge (Demo Assessment)
No, this goes against everything we promote as a Prop Trading Firm, 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.
There is no time limit and you can extend every 6 months.
We are looking for consistent, responsible risk managers for our Prop Trading Firm. Putting a time constraint on traders encourages overleveraging and over trading.
Take your time and you will get through easily.
Yes it is.
To enable us to assess your ability in a risk free environment, as a remote prop trading firm we use a demo account without risk. The Trading Demo Account (Funding Challenge) performs in the same way as the live account, so when you start trading with real money you will not notice any difference.
No, it is a demo account. Once you have passed the Funding Challenge we give you a Live Account to make Real Cash.
Yes you can. You can trade whatever trade methodology you wish, as long as you adhere to our rules.
Yes you can.
You are responsible for their operation and to ensure they adhere to the prop trading firm rules. A malfunctioning EA, bot or algo is not an excuse for breaching the rules.
1:10
This controls the maximum exposure.
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.
You may also reset your account at anytime you wish if you want to start from scratch again.
Yes our prop trading firm does.
You can notify us by chat (bottom right) or by email, although we will have seen you have achieved.
Once you have passed the Funding Challenge the audit team will go through your account to check and then if all is in order you will be sent the ‘Traders Agreement’. Once we receive this back your Live Account will be set up within 2-3 business days as we transfer the cash into the accounts.
To learn more see the Live Account Trading Rules
No, we are a Prop Trading Firm and you are trading our accounts. We have our own Liquidity Provider and you will be provided with the account details to trade.
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.
You can have as many active Challenge Accounts as you like but you can only have one funded account at a time.
If you pass the Challenge on multiple accounts you will have to choose the account you want to trade. The other accounts that have passed the challenge will be forfeited & the fees will not be refunded.
READ CAREFULLY:
We reserve the right to cancel assessment accounts and/or withhold funding on accounts that pass the assessment if a trader is found to have multiple funded accounts.
We will be checking ‘trade copiers’ copying trading across multiple assessment accounts as well as traders sign up IP’s. If a trader is found to have signed up to multiple assessment accounts via the one IP address, then those accounts will be forfeited & the fees will not be refunded.
Note for Payouts: The bank account must be in the trader’s name. If you’ve signed up for assessment with a ‘dodgy email/name’ then this could be a problem for you!
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:
- You have started trading the account.
- You have breached the rules and failed the assessment.
Reset Fees are not refundable.
Yes at our Prop Trading Firm – 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.
You have an unlimited amount of time to hit the profit target.
But if the trader has been inactive for 30 days, T4TCapital reserves the right to close the account with no refund. This is to re-allocate resources and to ensure our trade servers and our dashboard are running at optimal performance.
Yes we do.
A prop trading firm (short for proprietary trading firm) is a financial institution that trades financial instruments, such as stocks, futures, options, and currencies, with its own money rather than on behalf of clients. Prop trading firms use their own capital to speculate on price movements and generate profits for their own account.
Prop trading firms typically employ professional traders who use sophisticated trading strategies, such as algorithmic trading, to generate profits. These traders are often highly skilled and may have backgrounds in mathematics, computer science, or engineering. Prop trading firms may also use proprietary trading software and other advanced tools to execute trades and manage risk.
Prop trading firms can be independent or affiliated with a larger financial institution, such as a bank or hedge fund. They may trade in a variety of markets, including equities, commodities, fixed income, and foreign exchange. Prop trading firms may also engage in arbitrage and other forms of market making, where they provide liquidity to the market by buying and selling securities.
Overall, prop trading firms play an important role in the financial markets by providing liquidity, managing risk, and generating profits through trading activities.