Challenge4Trading Review
https://www.challenge4trading.com/
Challenge4Trading is a French proprietary trading firm offering funded accounts from €2,000 up to €50,000 with profit splits up to 91%. It uses a one-step evaluation model where traders must achieve a 20% profit target without exceeding a 30% maximum drawdown. There is no time limit to complete the challenge, allowing flexible pacing.
The firm's main advantages include high profit splits, bi-weekly payouts, no monthly fees, and a variety of funding options. Withdrawals have no fees but are limited to once per month with conditions like a minimum 1% profit and closing all trades before withdrawal. Challenge4Trading has multi-channel customer support including live chat and hotline, with language options.
Drawbacks include a lack of trader reviews on major platforms, limited asset variety, and the use of the Sirix trading platform which lacks advanced features and automated trading capabilities. The firm has some red flags such as offering only simulated/demo trading even after passing the challenge, which raises concerns over trading real markets. Challenge4Trading scores poorly on safety and reliability from some independent reviews due to these issues.
In summary, while Challenge4Trading offers attractive profit splits and flexible evaluation rules, its limitations in platform technology, trading transparency, and lack of real market access post-challenge make it a risky choice compared to established prop firms. Traders should approach it cautiously and consider these factors before engaging with it
Challenge4Trading is a French proprietary trading firm offering funded accounts from €2,000 up to €50,000 with profit splits up to 91%. It uses a one-step evaluation model where traders must achieve a 20% profit target without exceeding a 30% maximum drawdown. There is no time limit to complete the challenge, allowing flexible pacing.
The firm's main advantages include high profit splits, bi-weekly payouts, no monthly fees, and a variety of funding options. Withdrawals have no fees but are limited to once per month with conditions like a minimum 1% profit and closing all trades before withdrawal. Challenge4Trading has multi-channel customer support including live chat and hotline, with language options.
Drawbacks include a lack of trader reviews on major platforms, limited asset variety, and the use of the Sirix trading platform which lacks advanced features and automated trading capabilities. The firm has some red flags such as offering only simulated/demo trading even after passing the challenge, which raises concerns over trading real markets. Challenge4Trading scores poorly on safety and reliability from some independent reviews due to these issues.
In summary, while Challenge4Trading offers attractive profit splits and flexible evaluation rules, its limitations in platform technology, trading transparency, and lack of real market access post-challenge make it a risky choice compared to established prop firms. Traders should approach it cautiously and consider these factors before engaging with it
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https://www.challenge4trading.com/
Challenge4Trading is a French proprietary trading firm offering funded accounts from €2,000 up to €50,000 with profit splits up to 91%. It uses a one-step evaluation model where traders must achieve a 20% profit target without exceeding a 30% maximum drawdown. There is no time limit to complete the challenge, allowing flexible pacing.
The firm's main advantages include high profit splits, bi-weekly payouts, no monthly fees, and a variety of funding options. Withdrawals have no fees but are limited to once per month with conditions like a minimum 1% profit and closing all trades before withdrawal. Challenge4Trading has multi-channel customer support including live chat and hotline, with language options.
Drawbacks include a lack of trader reviews on major platforms, limited asset variety, and the use of the Sirix trading platform which lacks advanced features and automated trading capabilities. The firm has some red flags such as offering only simulated/demo trading even after passing the challenge, which raises concerns over trading real markets. Challenge4Trading scores poorly on safety and reliability from some independent reviews due to these issues.
In summary, while Challenge4Trading offers attractive profit splits and flexible evaluation rules, its limitations in platform technology, trading transparency, and lack of real market access post-challenge make it a risky choice compared to established prop firms. Traders should approach it cautiously and consider these factors before engaging with it📱 Scan this QR to open paste
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