I'm considering participating in a prop firm challenge, and I'm curious about the cost. Specifically, I want to know how much a 100k prop firm challenge would typically cost. Can anyone provide me with this information?
7 answers
DigitalDynastyGuard
Mon Dec 09 2024
It is utilized in a standard two-phase challenge.
charlotte_clark_doctor
Mon Dec 09 2024
The maximum daily drawdown allowed is 5%.
henry_grayson_lawyer
Mon Dec 09 2024
The overall maximum drawdown permitted is 10%.
CryptoPioneer
Mon Dec 09 2024
This example involves a capital of $100,001.
Sofia
Mon Dec 09 2024
The profit target required for this challenge is 15%.