What is a Rapid CFD Challenge Account?
The Rapid CFD 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.
Our Rapid CFD plan is built around the Max Position Loss rule and is designed for faster payouts. Your total loss per position may not exceed a fixed amount, and once funded, you can request Performance Rewards after just 3 active trading days. In return, a consistency requirement applies from the start.
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 All profits generated are only used for qualification purposes and cannot be withdrawn.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 CFD Challenge Account Sizes & Rules
Rule | $50,000 Account | $100,000 Account |
Profit Target | $3,000 | $6,000 |
Max Drawdown | $2,000 | $3,000 |
Max Position Loss | 1%* | 1%* |
Breach logic* | 2x Soft / 3rd Hard | 2x Soft / 3rd Hard |
Daily Loss Limit (DLL) | No Limit | No Limit |
Consistency | None | None |
Extension Fee | $5 | $5 |
Duration | 30 Days | 30 Days |
Max Accounts | 5 | 5 |
*A soft breach means the position is automatically closed, but the account remains active. A hard breach means the account is closed.
What happens after passing?
Once you reach the profit target, you can directly activate the account in the dashboard. You will then receive a new Rapid Funded Account with the same account size, where Performance Rewards can be requested after 3 active trading days at a 90/10 profit split.
There is no time limit for activating a passed Challenge.
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 $5. If no extension is purchased, access to the account will permanently expire.