For Traders Fast $50K challenge
The For Traders Fast $50K challenge costs $493, or $394.40 with code NEW20 on a first purchase ($419.05 with TRADE15 on a later one). It is a 1-step evaluation with a 10% profit target, a 3% daily loss limit, a 5% static maximum loss and an 80% profit split. Payouts: on demand: the first reward at 1% growth, later ones after 2%; up to $10,000 a reward.
Rules
| Account | $50K |
|---|---|
| Price | $493 |
| Steps | 1-step |
| Profit target | 10% |
| Daily loss limit | 3% |
| Maximum loss | 5% static |
| Profit split | 80% |
| Payouts | On demand: the first reward at 1% growth, later ones after 2%; up to $10,000 a reward |
| Leverage, BTC / ETH | 10x / 8x |
| Pairs | 120+ |
No minimum days; a position must be closed every 7 days. After the first reward the maximum-loss floor moves up to the starting balance
At 10x, a 0.3% Bitcoin move uses the 3% daily loss limit. Work it out for your size and leverage
Would your trading have passed this challenge? Try the challenge simulator
Sourcefortraders.com/perps
Other sizes
$50K challenges at other firms
| Firm | Steps | Profit target | Daily loss | Max loss | Split | Would pass | Price | Buy |
|---|---|---|---|---|---|---|---|---|
| MyFundedPerpsSelectSponsor | 1-step | 9% | 3% | 3% static | 80% | 13% | $142 | Buy |
| Kraken PropLite | 1-step | 6% | None | 3% end-of-day trailing | 80% | 23% | $139 | Buy |
| Vest Markets2-Step | 2-step | 10% then 5% | 3% | 6% static | 80% | 5% | $175 | Buy |
| Breakout1-Step Turbo | 1-step | 9% | 3% | 3% static | 80% | 14% | $180 | Buy |
| HyroTraderHyro Core | 1-step | 10% | 3% | 5% static | 80% | 13% | $170.10 | Buy |
| Bitfunded1-Step Express | 1-step | 9% | 3% | 3% static | 80% | 13% | $199 | Buy |
MyFundedPerps is built by the team behind My Funded Futures, which has a commercial relationship with OptimistFi.
Questions
How much does the For Traders Fast $50K challenge cost?
The For Traders Fast $50K challenge costs $493, or $394.40 with code NEW20 on a first purchase ($419.05 with TRADE15 on a later one).
What are the rules of the For Traders Fast $50K challenge?
It is a 1-step evaluation with a 10% profit target, a 3% daily loss limit, a 5% static maximum loss and an 80% profit split. Leverage goes up to 10x on Bitcoin and 8x on Ether.
How fast are payouts on the For Traders Fast $50K challenge?
On demand: the first reward at 1% growth, later ones after 2%; up to $10,000 a reward. The profit split is 80%.