I'm wondering about the consequences of failing a funded account. What are the possible outcomes or implications if I'm unable to meet the requirements or maintain the standards set for such an account?
5 answers
DondaejiDelightfulCharm
Tue Dec 10 2024
When traders experience losses on a funded account, there are specific consequences they must face.
Luca
Mon Dec 09 2024
The violation of the maximum drawdown rule is a critical factor that determines these consequences.
EnchantedMoon
Mon Dec 09 2024
Once a trader breaches this rule, they are immediately denied access to their funded account.
Emanuele
Mon Dec 09 2024
This denial of access serves as a penalty for not adhering to the trading guidelines.
SsangyongSpirited
Mon Dec 09 2024
In addition to losing access, traders must also bear the financial burden of repaying the losses and retaking the challenge.