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FAQ Futures Challenges Prime Futures Challenge Compared Classic Futures Challenge

Prime Futures Challenge Compared Classic Futures Challenge

Feature

Prime Futures

Classic Futures

Cost

$189 for 10 contracts

$599 for 10 contracts

Phases

1-phase challenge only

Offers both 1-phase and 2-phase challenges

Daily Drawdown Calculation

Based on EOD balance

Based on EOD equity

Breach Daily Drawdown

Pause until the next day

Immediate breach

Maximum Drawdown

Trailing on EOD balance, capped at starting balance

Trailing on highest equity/balance, no cap

Profit Share

80% profit share

60% to 80% profit share

News Trading

Permitted

Not allowed

Payout Policy

Request payouts above $200 after meeting consistency rule

Payouts upon reaching profit target

Scale-Up Policy

Scales up based on profit thresholds

Scale-up upon hitting profit target

Consistency Rule

40% consistency rule during challenge phase

No consistency rule

Activation Fee

$129 activation fee after passing challenge

No activation fee

Holding Overnight

Not allowed

Allowed

Refund Policy

No refund policy

Refund policy under certain conditions