5000 Challenge
The challenge
| Target | Profit target | Max daily loss | Max drawdown |
|---|---|---|---|
| Evaluation | $500 | $200 | $300 |
Evaluation purchase fee 100% refunded alongside the first Performance Payment
Good to know
Payout rules
Service Payments are requested in USD but may be delivered in EUR at TEFS' discretion, in which case currency conversion rates may apply. TEFS may split a payment into installments at intervals of up to two working days. Simulated Performance accrued between the 1st of the Payment Month and the payment date does not accrue to the trader, and losses in that window are deducted.
Trading rules
No third-party trading platform is named anywhere on the site: TEFS buys the order-execution technology and terminal from a third party as a white-label solution, so 'platforms' is recorded as not published. Expert Advisors are not blanket-permitted or blanket-banned: the agreement voids accounts using prohibited methods 'including certain Expert Advisors (EAs)' without defining which, so the field is left unstated. Trading fees are $0.007 per share/CFD with a $1.50 minimum ticket on US stock CFDs, plus spreads and swaps.