For Traders Fast $5K challenge
The For Traders Fast $5K challenge costs $46, or $36.80 with code NEW20 on a first purchase ($39.10 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 | $5K |
|---|---|
| Price | $46 |
| 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
$5K challenges at other firms
| Firm | Steps | Profit target | Daily loss | Max loss | Split | Would pass | Price | Buy |
|---|---|---|---|---|---|---|---|---|
| MyFundedPerpsElite, 3% daily loss limitSponsor | 1-step | 10% | 3% | 5% static | 80% | 12% | $36 | Buy |
| Vest Markets2-Step | 2-step | 10% then 5% | 3% | 6% static | 80% | 5% | $15 | Buy |
| HyroTraderHyro Core | 1-step | 10% | 3% | 5% static | 80% | 13% | $17.10 | Buy |
| Breakout1-Step Turbo | 1-step | 9% | 3% | 3% static | 80% | 14% | $20 | Buy |
| Kraken PropAdvanced | 1-step | 9% | 3% | 3% static | 80% | 14% | $20 | Buy |
| CoinPropBooster | 1-step | 9% | 3% | 3% static | 80% | Not in study | $24 | 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 $5K challenge cost?
The For Traders Fast $5K challenge costs $46, or $36.80 with code NEW20 on a first purchase ($39.10 with TRADE15 on a later one).
What are the rules of the For Traders Fast $5K 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 $5K challenge?
On demand: the first reward at 1% growth, later ones after 2%; up to $10,000 a reward. The profit split is 80%.