2 Phase Challenge

RTF fair 2-phase challenge. Reach 8%, then 5%. No Broker tricks, Zero Spread. Zero slippage.

Winners receive a broker account funded by non-winning challenge fees. Once the account is funded we have no interest or control over the brokers STP, ECN or Liquidity Providers, therefore we have no conflict of interest or derive any benefit from failure. We prefer to set evaluation parameters that correlate well with transitioning to real market success. We let the best traders win, and we have the lowest possible fees due to this arrangement.

We offer raw spreads and unlimited time. You can trade Forex, Metals, Indices, and Crypto.

TRADING RULES

RTF provides you (“you” or the “Trader”) with a limited license to use the services (the “Services”) offered by the Company subject to the terms and conditions contained herein (the “Agreement”).

This Agreement is a legally binding contract, and you must read this Agreement before accessing the Services offered by the Company. By using the Services, you are agreeing to the terms and conditions contained within this Agreement.

The Company reserves the right to suspend, replace, modify, amend, or terminate this Agreement at any time and within its sole and absolute discretion. In the event The Company replaces, modifies, or amends this Agreement, your continued use of the Services after a change in the Effective Date of said changes will constitute your agreement to any replacement, modification, or amendment to this Agreement.

1. Minimum Trading Days

A minimum of 10 trading days on each phase of evaluation is required. You have plenty of time to achieve your target and move to the next phase. Take it slow, and observe good risk management techniques. Note that this does not apply to traders who have opted for  “NO MINIMUM TRADING DAYS” feature through promotion or through extra addon from the shop during purchase.

2. Both phases must be passed by achieving the required target for both the 1st and 2nd phases. The list of available markets or products may be updated (subject to change) based on the availability of margin, leverage, liquidity, and other various factors. Updates will not apply to traders who have already purchased this product before changes are made.

The first evaluation phase requires that a profit target of 8% with no rule breaches be achieved before proceeding to the next stage (Second phase). The first phase of this account has no time limit.

The second phase requires a profit target of 5% with no rule breaches to be achieved before getting a funded account. The second phase of this account has no time limit.

Evaluation Process:

– If a participant fails to meet the specified conditions during the initial two-phase evaluation, they will not progress to the final evaluation.

– Failure to comply with conditions during the final evaluation will result in an unsuccessful assessment, and the participant will not be recommended for the funding program.

Evaluation Requests:

– You can request an evaluation of your trading at any time by contacting [email protected] or through the FXDashboard.

– We are not obligated to perform an evaluation if you have open trades.

Final Evaluation Activation:

– You must activate your Final Evaluation or simulated account by using the login details provided to you.

– If you do not activate within 30 days of receiving your login details, your access will be suspended.

– You can request to renew access within 6 months of suspension through the FXDashboard or by emailing [email protected]. After 6 months without renewal, services will be terminated without a refund.

3. Trading Behavior
   A. No cheating is allowed. This includes any trading on demo accounts that wouldn’t be profitable in real markets or isn’t possible under real market conditions.

– Practices such as exploiting delayed feeds, high-frequency trading (HFT) strategies, gap trading, latency arbitrage, long-short arbitrage, and reverse arbitrage are forbidden.

– Trading that takes advantage of Metatrader’s inefficiencies is not permitted.

1. Unauthorized Trading Measures:

– If your trading strategy is considered risky, we may need to reduce your risk by lowering your leverage or profit share.

– Risky practices include over-leveraging, overexposure, account rolling, gambling, one-sided bets, and third-party account management or copy trading.

1. Consequences of Unauthorised Practices:

– Engaging in banned practices may lead to failure.

– We may remove any violating transactions from your trading history and disregard their results in profit or loss calculations.

4. Enhanced Due Diligence (EDD) Measures:

– When there is a higher risk in a business relationship or transaction, as identified by our risk assessment, we will apply more thorough checks beyond the usual Customer Due Diligence (CDD).

– We may ask for more documents to confirm your identity if the usual ones are not enough or seem doubtful.

– We might have a detailed conversation with you, which could include a video call, to get to know you better and confirm your intentions.

– We will take a closer look at how you plan to trade to make sure it fits with our acceptable level of risk and ethical trading rules.

– We will keep a closer watch on your trading activities to make sure you are following the rules and staying within the risk limits we have set.

1. Know Your Customer (KYC) Procedures:

– Customers must not use trading strategies that take advantage of mistakes in the service, like wrong prices or slow updates. This includes what is known as Latency Trading.

– Customers are not allowed to trade using outdated or slow information or to engage in gap trading.

– Customers must not work alone or with others to manipulate trading by using connected accounts or accounts within the platform. This includes making opposite trades at the same time.

– Customers are not allowed to use any software, artificial intelligence, ultra-fast trading, or mass data entry that could unfairly influence our systems or give them an unfair advantage.

– Customers are not allowed to do any kind of arbitrage trading, which means taking advantage of price differences in different markets or exchanges. This includes many types of arbitrage like triangular, statistical, latency, market-making, spatial, pairs, risk, convertible, volatility, dividend, tax, yield curve, or any other kind that exploits price differences.

5. Markets
   You have the liberty to trade major, minor, exotic pairs, metals, and indices, having over 400 available markets.

6. Expert Advisers & robot usage
   You can use EAs as long as they are not used in the following ways: – copy trading of other person signals – tick scalping – hedging – stacking – martingale – latency arbitrage trading – reverse arbitrage trading – hedge arbitrage trading – or any use of emulators It is a violation if this rule is broken. Any accounts using these types of EAs will be canceled, banned and not refunded.
7. Consistent Trading Strategy Requirement

After you get a funded account, you must keep using the same trading style (as determined by our AI using standard deviation methods), as you did in the assessment. Changes in style could include different trade sizes, instruments, stop loss sizes, or trade frequency.

Any attempts to

1. Gambling Prohibition

We don’t allow gambling-like trading. This includes revenge trading, over-leveraging, and any other extreme all-or-nothing methods. We’ll decide what counts as gambling.

1. Responsible Trading Policy

You must maintain the same trading strategy in your funded account as you did during the assessment. This includes consistent trade sizes, instruments, stop loss sizes, and trade frequency.

8. Unauthorised Trading Activities:

Participants are not allowed to engage in trading activities that are forbidden by the Firm or its associated Brokers. These include, but are not limited to:

– Taking advantage of mistakes or delays in the Broker’s pricing or trading platforms.

– Using information that is not publicly available or is considered insider knowledge.

– Executing trades in advance of orders placed elsewhere (front-running).

– Trading in a manner that could harm the Company’s relationship with a Broker or lead to trade cancellations.

– Trading that could cause regulatory problems for the Broker.

– Using strategies from third parties, ready-made strategies, or those advertised to pass evaluation challenges.

– Changing trading strategies after passing an assessment when managing a funded account, as identified by the firm AI.

– Holding positions in Single Share Equity CFDs through a company’s earnings announcement. Positions must be closed by 3:50 pm Eastern Time on the day of the announcement or the day before if the announcement is before the market opens.

– Opening Equity CFD positions at the end of the trading day to profit from overnight market gaps.

– Trying to balance trades between a challenge account and another account, either with the Firm or a third party.

– Trading with multiple accounts of the same size to exploit market conditions or the proprietary firm’s policies.

Consequences of Unauthorized Trading:

1. Non-Compliance: If a Customer engages in any unauthorised practices, the risk system may flag this as a breach of the Challenge terms.

1. Transaction Removal: The risk system may delete any transactions that violate these rules from the Customer’s trading history and may exclude their results from the profits or losses of Demo Trading.

1. Service Termination: The firm reserves the right to terminate all services and end the agreement with the Customer.

1. Multiple Account Violations: If unauthorized trading practices occur across multiple  Challenge Accounts, either by a single Customer or different Customers, the firm may cancel all services and terminate all relevant contracts.

1. Third-Party Account Violations: If the trader accounts are used for unauthorized practices, this may lead to the cancellation of those accounts.

1. Repeated Violations: Customers who repeatedly violate these terms, despite prior notification, may be denied access to all or part of the firm’s services, including the Dashboard and Trading Platform, without compensation or refund of fees paid.

1. External Trading Disclaimer: The firm is not responsible for any trading or investment activities conducted outside of its services, even if the Customer uses the same trading platform for real market trading.

8. Profit-split
   Traders are paid out up to 90% of profits. For the first withdrawal, traders get 60% split + 100% fee refund. Subsequent withdrawals are 80% and up to 90% share.
   For the first month after being awarded the funded account, a stop loss must be used 2 minutes after executing a trade on the account. Not more than 1% of the account size should be risked per position. If more than one open position on one or more pairs at a time, the total of all positions will be counted as one. Payout Schedule is after 14 days then 5 days for Senior traders. For first payout, traders should trade 30 days on funded to enter normal payout days.
9. Getting paid
   If you have reached your profit-split event, firstly, congratulations. Please get in touch by sending your request to [email protected]. You can request your payout from any available method such as bank, or crypto currency if you paid using the same method and wallet.
10. Drawdown rules

For this 2 phase Evaluation plan, customers must not lose more than 5% of the initial account size in a day and a maximum drawdown of 8%, including fees and swaps. Drawdown permitted for the day resets at 5pm EST

Account Size Maintenance:

Customers must keep their account balance above 92% of the initial size for Evaluation plans, after accounting for all positions, fees, and swaps.

11. Resets
    If you find that you have breached one of the rules, you are entitled to a 20% discount to reset the account.
12. Refunds
    All traders who pass Phase 1 and Phase 2 will receive a refund of their fees when they reach their first profit-split event at the end of the first month on their live trading account.

– The signup fee is non-refundable if trading has started or if the customer breaches the agreement or terms and conditions.

Refund Policy:

– Once a customer has initiated the service by beginning to trade, or if the customer has not passed the Evaluation, they are not eligible for a refund of the registration fee. All payments are final and are solely for the purpose of Evaluation.

Refund Request Process:

– Customers must email their refund request to [email protected]  within the specified time frame.

– The firm will acknowledge receipt of the request promptly.

Refund Payment:

– Refunds will be processed without unnecessary delay, no later than 7 days after the contract is withdrawn.

– Refunds will be issued using the same payment method as the original payment.

– A Refund Processing Fee of 5% of the refunded amount may be deducted from the refund.

13. Participation Termination

If we find you engaging in unauthorised trading activities, we will end your participation. This could mean losing any fees you’ve paid. Before you get a funded account, we’ll check your trading to make sure it’s authorized, and within the spirit of the rules.  If it’s not, you won’t get the account.

14. Company’s Discretionary Rights

We can stop any trader from joining our program for any reason we see fit.