To ensure a successful trading journey in the Stellar Lite Challenge, it's essential to adhere to the following guidelines and restrictions:
Maximum Daily Drawdown: Traders are allowed a maximum daily drawdown of 4% of their initial account balance.
To get more information regarding the maximum daily drawdown, kindly click here.
Maximum Overall Drawdown: The overall maximum drawdown permitted is 8% of the initial account balance. This means the account balance or equity cannot drop below 92% of the initial balance at any time.
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Minimum Trading Days: Traders are required to execute a minimum of 5 individual trades on 5 separate days throughout the Stellar Lite Challenge. Consecutive trading days are not mandatory.
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Copy Trading: Traders can engage in copy trading from their own FundedNext Accounts, prop firms, or retail brokers. However, copying trades from accounts not owned by the same individual, including those of relatives or friends, is strictly prohibited.
To get more information regarding copy trading, kindly click here.
IP Address: FundedNext strives to ensure a secure trading environment for all of our traders. To avoid any complications related to IP addresses, it is highly recommended that traders use a single device with a unique IP address during their trading activities on our platform.
To get more information regarding IP address, kindly click here.
VPN/VPS Service: Traders can use VPN and VPS services for platform access. Paid VPNs and VPS services with dedicated IP addresses are recommended to ensure consistency and security.
To get more information regarding VPN/VPS service, kindly click here.
EAs/Indicators: Traders are permitted to use Expert Advisors (EAs) and indicators to enhance their trading strategies, ensuring parameters are tailored to their individual trading styles and accounts.
To get more information regarding EAs/Indicators, kindly click here.
Restricted Trading Strategies: Any form of cheating or exploitation of the platform is strictly prohibited and goes against FundedNext's Terms of Service (TOS). Traders should thoroughly review and understand the TOS to avoid unintended consequences.
To get more information regarding restricted trading strategies, kindly click here.