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FAQ CFD's Challenges Prime CFD Challenge Compared to the Classic CFD Challenge

Prime CFD Challenge Compared to the Classic CFD Challenge

Feature

Prime Model

Classic Model

Cost

$569

$999

Phases

1-phase or 2-phase options

Only 1-phase

Daily Drawdown (DD)

Based on account balance at 16:00 CT

Based on equity at 16:00 CT

Challenge Maximum Drawdown

Static

Trailing based on high-equity

Earning Account Maximum Drawdown

Static

Trailing based on high-equity

Profit Share

80%

50%-80%

Leverage

Up to 1:50 on FX Majors

Up to 1:50 on FX Majors

Payout Policy

Withdraw any amount above $100 every 14 days

Request payouts upon hitting a profit target

Payout Frequency

Every two weeks

Upon hitting profit target

Scale-up Policy

Request every 2 months with conditions met

Upon hitting profit target

Prohibited Trading Strategies

Rules are accessible on the website under Challenges → Trading Rules

Rules are accessible on the website under Challenges → Trading Rules