What is a Rapid Futures Challenge Account?
The Rapid Futures Challenge Account is the stage before the Funded Account. It allows you to prove your trading skills with lower capital requirements and slightly more flexible rules.
Are profits withdrawable?
No, the Challenge Account is fully based on simulated capital. All profits generated are only used for qualification purposes and cannot be withdrawn.
Rapid Futures Challenge Account Sizes & Rules
Rule | $50,000 Account | $100,000 Account |
Profit Target | $3,000 | $6,000 |
Max Drawdown | $2,000 | $3,000 |
Daily Loss Limit (DLL) | None | None |
Max Position Loss | None | None |
Consistency | 40% | 40% |
Max Position Size | 5 Minis / 50 Micros | 10 Minis / 100 Micros |
Extension Fee | $19 | $19 |
Duration | 30 Days | 30 Days |
Max Accounts | 5 | 5 |
What happens after passing?
Once you reach the profit target, you can activate the account directly in the dashboard. You will then receive a new Rapid Funded Account of the same size, where performance rewards can be claimed after one active trading day with an 80/20 profit split. The account will be closed after a maximum of five payouts.
What happens if I violate a rule?
If you breach the account, you may restart the Challenge for a reduced reset fee.
Duration
A Challenge Account is valid for 30 days. You may manually extend it in the dashboard for an additional 30 days for $19. If no extension is purchased, access to the account will permanently expire.