TL;DR: To succeed in the Stellar Lite Challenge, traders must follow these rules: maintain a 4% daily loss limit and 8% maximum loss limit, trade on at least 5 separate days, avoid unauthorized copy trading, stick to one single IP or trusted VPN/VPS, and refrain from using any restricted strategies. EAs, or third-party indicators, are not allowed.
To ensure a safe and fair trading experience in the Stellar Lite Challenge, traders must comply with the following rules and restrictions:
1. Daily Loss Limit: 4%
You may not lose more than 4% of your initial balance in a single day.
Learn more about the daily loss limit
2. Maximum Loss Limit: 8%
Your account balance or equity cannot fall below 92% of your initial balance, meaning the total loss cannot exceed 8% overall.
Learn more about the maximum loss limit
3. Minimum Trading Days: 5 Days, 5 Trades
You must place trades on at least 5 separate trading days, with a minimum of 1 trade per day in each phase.
No need for consecutive days
No maximum number of trades
4. Copy Trading Policy
Allowed between Challenge Accounts owned by the same trader.
Prohibited between accounts owned by different individuals.
Traders can merge FundedNext Accounts instead of copy trading for easier management, with a maximum allocation of $300,000.
5. IP Address Usage
It’s strongly recommended to use one device with a single IP address to ensure security and data consistency.
6. VPN/VPS Usage
Using a VPN or VPS with a dedicated IP is highly recommended for stable and secure trading, especially if you're accessing your account from different locations.
7. EAs & Indicators
While cTrader Automate (cAlgo) supports C#-based algorithmic strategies, FundedNext does not allow automated or algorithmic trading. Only built-in cTrader indicators are permitted; third-party indicators are not. Traders can only place and manage trades manually.
8. Restricted Trading Strategies
Any form of cheating, latency exploitation, or platform manipulation is strictly prohibited. Be sure to read and follow the Terms of Service (TOS) to avoid any breaches. To get more information regarding restricted trading strategies, kindly click here.