Cryptocurrency Q&A What happens if you fail a funded account?

What happens if you fail a funded account?

GwanghwamunPride GwanghwamunPride Sun Dec 08 2024 | 5 answers 1121
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? What happens if you fail a funded account?

5 answers

DondaejiDelightfulCharm DondaejiDelightfulCharm Tue Dec 10 2024
When traders experience losses on a funded account, there are specific consequences they must face.

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Luca Luca Mon Dec 09 2024
The violation of the maximum drawdown rule is a critical factor that determines these consequences.

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EnchantedMoon EnchantedMoon Mon Dec 09 2024
Once a trader breaches this rule, they are immediately denied access to their funded account.

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Emanuele Emanuele Mon Dec 09 2024
This denial of access serves as a penalty for not adhering to the trading guidelines.

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SsangyongSpirited 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.

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