FidelCrest Trader Challenge Completion
One of the essential elements of the prop trade platform is the trading challenge. It is the first step in a four-step process to secure funding. After choosing an account size, the trading challenge will test your ability to trade effectively and meet profit targets.
You can trade you, however, like during the challenge.
Step 2 - Funded Verification Completion
It would help to reach the profit target during verification while avoiding maximum loss targets. Also, you will need to submit Know Your Customer (KYC) documents and sign a trade agreement found in the Fidelcrest Trader Area. You can trade with real money during the funded verification phase and earn up to 50% of your profits.
Step 3: Fidelcrest Trading Challenge
Fieldcrest Trading Challenge is held on the demo account of the prop firm. It would help to reach the minimum profit target within the 30 day trading period to take on the trading challenge. You can access a promo code that you purchased when you purchase the Trading Challenge to get another chance at reaching the minimum profit target if you fail to meet your goals during the Trading Challenge phase.
You can use the challenge account for either a standard trade strategy or aggressive trading. There is a minimum trading day of 10, and the maximum loss is 10% for the standard plan and 20% for aggressive plans. The profit targets for the aggressive and normal plans are 10% and 20%, respectively.