Frequently Asked Questions
What is Prop Trading Challenge?
The Proprietary Trading Challenge is an online trading challenge where you can participate in a 2 step evaluation process on your trading skills. An upfront fee is required during the enrolment of this test and is fully refundable upon passing this test, with the opportunity to be funded by Daytraders Capital up to $500,000 to trade with huge gain sharing.
How do I get started with this Prop Trading Challenge?
You need to sign up for an account first with Daytraders Capital. After which you will be able to access and view the details of the Prop Challenge after logging in from the dashboard.
What documents do I need to participate?
You will need to go through the account verification after signing up, which requires your ID. This process takes about 5 minutes to submit and up to 2 working days to become verified.
Are there any restrictions to the country?
No, you will be able to participate from any country.
How fast can I start after enrolling for a challenge?
After you enrol for the challenge, a demo trading account will be issued specifically for this challenge. Once you have access to this, you may start trading.
Is there any age requirement to be a funded trader?
Yes, you must be at least 18 years old. This is also checked upon your account verification step when you sign up. If you have a verified account, you will be able to become a funded trader.