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faq / Phases of Process

Phases of Process

How do we grade sports traders and allow to pass challenges to become funded.

Congratulations on advancing to Phase 2 of The Funded Sports Trader Challenge – the Verification Phase! Below, we’ve outlined the details and success criteria for this crucial stage.

What are the parameters for the Verification Phase 2?

Similar to Phase 1, during the Verification Phase 2, participants need to place a minimum of 15 bets. You’re not restricted by a maximum number of betting days – you can choose when to bet based on your schedule and strategy.

Are there any drawdown limits during the verification?

Yes, just like in the initial challenge, there’s a strict maximum total drawdown cap of 15% (Normal) or 20% (Aggressive). This is in place to ensure responsible trading practices.

Is there a limit on single-day losses during the verification?

Absolutely, responsible trading is at our core. The maximum single-day loss remains at 10% (Normal) or 15% (Aggressive).

What constitutes a pass result for Phase 2 of the challenge?

To successfully complete Phase 2 and move a step closer to becoming a funded sports trader:

  • ROI Achievement: If you fulfill all the criteria listed above and exceed a 15% Return on Investment (ROI), you’ll successfully pass the verification.

 

Your journey is progressing, and we’re here to support you. Remember, each phase is a stepping stone towards your success. We’re excited to witness your growth and achievements!

Failing to meet the criteria of this phase will result in account deactivation. If this happens, you’ll have the opportunity to restart your journey from Phase 1 by purchasing a new challenge.

Welcome to The Funded Sports Trader Challenge Phase 1! This FAQ is designed to provide you with a clear understanding of the parameters and criteria for success in this exciting phase of our program.

What are the parameters for the Challenge Phase 1?

During Phase 1 of the challenge, participants are required to place a minimum of 15 trades. There’s a 5 day minimum number of trading days and no maximum time period – you have the flexibility to trade on the days that work best for you and if you are successful in meeting all criteria we will move you to the verification phase.

 

Are there any specific drawdown limits during the challenge?

Yes, to manage risk, there’s a maximum total drawdown allowed of 15% (Normal) or 20% (Aggressive). This ensures that your trading remains within manageable limits.

Is there a limit on single-day losses?

Absolutely, we believe in responsible trading. The maximum single-day loss is capped at 10% (Normal) or 15% (Aggressive).

What’s Considered a pass result for phase 1 of the challenge?

 

To pass Phase 1, you have two avenues to success:

  • ROI Achievement: If you meet all the criteria mentioned above and exceed a 20% Return on Investment (ROI), you’ve successfully completed the challenge.

 

We’re excited to have you on this journey towards becoming a funded sports trader. Remember, your success is our success, and we’re here to support you every step of the way.

As a TFST trader, you’ll continue to trade using the same service and demo account. However, our proprietary trading firm will begin copying your strategies, and the profit split will begin.

Welcome to Phase 3 of The Funded Sports Trader journey – the coveted status of a Funded Sports Trader. This phase represents a significant milestone in your path towards financial independence through sports trading. Here, we dive into the details of what it means to be a Funded Sports Trader and the privileges that come with this achievement.

Additional Registration Info Required:

To ensure the highest standards of security and compliance, we request additional information from Funded Bettors:

 

  1. KYC Verification and Documentation
  2. A survey about your Trading Challenge experience and process
  3. Submission of a valid driver’s license or government ID

Trading Criteria

As a Funded Sports Trader, you have the flexibility to trade every day. Unlike the previous phases, there’s no minimum requirement for trading days.

Drawdown and Loss Limits:

Consistency and responsibility remain paramount. Funded Sports Traders must adhere to:

  • Maximum Total Drawdown: 15% (Normal) or 20% (Aggressive)
  • Maximum Single Day Loss: 10% (Normal) or 15% (Aggressive)

Profit Management & Refund and Payment Set Up:

Your dedication is rewarded. The initial payment you made at the beginning of your journey will be refunded with your first profit withdrawal from your funded account.

Withdrawals are available 30 days after you start the Funded Phase. This provides you with regular intervals to manage your profits and trading strategy.

 

Funded Bettors have the flexibility to manage their profits:

  • Rollover Profits: Choose to reinvest your profits to provide additional padding for drawdown.
  • Withdraw Profits: Opt for profit withdrawal and enjoy the rewards of your successful trading.
  • Maximum Funded Account Amount: $300K

 

For all Funded Sports Traders, the maximum funded account size is $300,000. This ample capital enables you to explore larger trading opportunities and enhance your potential earnings.

Account Deactivation and Restart:

While we’re committed to your success, it’s important to note that failing to meet the criteria of this phase will result in account deactivation. If this happens, you’ll have the opportunity to restart your journey from Phase 1 by purchasing a new challenge.

 

Becoming a Funded Sports Trader is a significant achievement – a testament to your skills, discipline, and commitment. We’re here to support you every step of the way, and we’re excited to witness your continued growth and success as you trade your way to financial independence.

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