Dragon challenge the funded trader review: According to The Funded Trader (TFT), they just released a fun and new trading challenge called the “Dragon Challenge.” This three-step task is meant to give people who want to become traders a unique chance to show off their skills and maybe win a funded trading account with TFT.
As TFT continues to lead the way in giving traders more power and helping them make money, the Dragon Challenge emerges as a dynamic platform that blends skill testing, risk management, and strategic trading, offering traders a way to become professional traders.
The Funded Trader has 16,000+ reviews on Trustpilot and is rated 4 out of 5 for successful payouts. This project shows that TFT is dedicated to finding and helping skilled traders and provides a clear and rewarding route for those who want to make it big in the world of proprietary trading.
Important Notes on the Dragon Challenge
- Trade at Your Own Pace: There is no strict time limit, allowing traders to go at their preferred speed.
- Daily Drawdown Limits: A 5% daily drawdown limit for risk management; the overall drawdown is capped at 10%.
- Weekend and News Trading: The challenge allows trading on weekends and during news events, with drawdown calculated based on the account balance.”
Profit Split and Trading Options
- Profit Split: Successful participants receive a significant 75% profit split as a reward for their trading achievements.
- Scaling Opportunities: Opting for the swing account option allows traders to scale up their profit split to an impressive 95%. [Dragon challenge the funded trader review]
- News Trading Continuity: After funding, traders can continue participating in news trading, aligning with the challenge’s commitment to ongoing trading opportunities.”
| Feature | Profit Split |
|---|---|
| Successful Trading | 75% |
| Scaling Opportunities | 95% (with swing account) |
| News Trading Continuity | Available post-funding |
How much does it cost to take the Dragon Challenge?
Price of the tft Dragon Challenge
You can see that the Dragon Challenge has a lot lower prices than the others.
Just to give you an idea, the normal $200k challenge costs $939, while the dragon challenge only costs $495.
Challenge costing image
Withdrawals
At the end of every 7 days, after passing all the stages (counting from the first trade to the last exit), you’ll get a 75% simulated profit split.
If you bought an account during a marketing campaign for extra profits, that number will be the account’s base simulated profit split.
For example, if a 90% promotion was used to buy an account, the simulated profit split will stay at 90% for all withdrawals after that.
With our Dragon Egg Plan, this challenge gives traders a chance to make up to 95% of the profits. TFT will soon update the Dragon Egg plan.
| Withdrawals | |
|---|---|
| Frequency | Every 7 days |
| Profit Split | 75% (simulated) |
| Base Simulated Profit Split (During Marketing) | Account-specific |
| Example Promotion | 90% promotion |
| Promotion-based Profit Split | 90% |
| Dragon Egg Plan | Up to 95% profits |
| Dragon Egg Plan Updates | Forthcoming from TFT |
What Happens If I Hit My Drawdown Limit?
It is very important to stick to the drawdown limits. If the drawdown goes over the limits that were set, the evaluation account will be broken into and made read-only. [Dragon challenge the funded trader review]
If I fail a phase, can I try the TFT Dragons Challenge again?
In fact, participants can buy the challenge again and try it again if they fail a step. Do not forget to use the discount code you will find in your email after failing a task. Don’t give up! Use this failure to improve your plan and aim for success on your next try.
How can I see how I’m doing in the TFT Dragons Challenge?
Check your TFT dashboard often to see how your trading is going. It gives you real-time information about your account’s success, drawdown, and profit goals.
Dragon Challenge Overview:
- Three Phases: The challenge consists of three phases, each contributing to a total score (8% for Phase 1, 5% for Phase 2, and 5% for Phase 3).
- Account Sizes: You can choose from various account sizes ranging from $5,000 to $200,000.
- Account Types: Two types of accounts are available: swing and regular. Swing accounts have 1:30 leverage during the challenge and can hold trades over the weekend. Regular accounts have 1:100 leverage and don’t permit weekend holding.
- EAs Allowed: You can use Expert Advisors (EAs) for trading.
- Unlimited Trading Days: Trade as much as you want during the challenge phases.
- Lower Prices: The cost for a $200,000 account is $495.
- Quick Payout: The first payout is made within 7 days of starting the challenge.”[Dragon challenge the funded trader review]
| Challenge Details | |
|---|---|
| Number of Phases | 3 |
| Phase Contribution to Total Score | Phase 1: 8%<br> Phase 2: 5%<br> Phase 3: 5% |
| Account Sizes | $5,000 to $200,000 |
| Account Types | Swing and Regular |
| Leverage (During Challenge) | Swing: 1:30 and Regular: 1:100 |
| Weekend Holding (Swing Accounts) | Allowed |
| Weekend Holding (Regular Accounts) | Not permitted |
| Expert Advisors (EAs) | Allowed |
| Trading Days | Unlimited |
| Account Cost (for $200,000) | $495 |
| Payout Timing | The first payout is within 7 days of starting the challenge |
This table summarizes the key details of the Dragon Challenge, including the number of phases, contribution to the total score for each phase, account sizes, types, leverage, weekend holding rules, EA usage, unlimited trading days, account cost, and quick payout timing.
Crafting Success in the Dragon Challenge
The Funded Trader offers you the one-of-a-kind Dragon Challenge, which enables you to be adaptable, manage your risks, and make money. As traders deal with this challenge, they can find a balance between how fast they trade and the changing chances that come up
As the journey goes on, funded traders can not only meet their profit goals but also make smart decisions in the future that can help them make even more money.
My words
Regardless of the challenge, success depends on risk management, psychology, and the trading approach. The three-stage challenge is recommended for careful and calculated traders.”
Conclusion : Dragon challenge the funded trader review
In the end, the Dragon Challenge isn’t just a trading challenge; it’s an adventure where flexibility and profit come together. If traders are ready to accept that this challenge is always changing, they may be on their way to success in the exciting world of trading.
Read also: Detailed comparison for informed decision: The Funded Trader Challenge Comparison
Read also: Understanding HFT rules: Does The Funded Trader allow HFT?
Read also: “Unlocking Profits: A Comprehensive Guide on How does The Funded Trader Pay You”
I’m a seasoned trader with over 3 years of experience in financial markets. Throughout my journey, I’ve navigated various market conditions and developed my skills in trading strategies, risk management, and market analysis. Now I am also developing myself as a good digital marketer.