PHIDIAS 10K DRAWDOWN
10K Drawdown Challenge, a simple rule, make the best possible result and finish 1st to win a $10,000 CASH account.
100% Winning Challenge
!!! You can register with as many accounts as you like for the 10K Drawdaown challenge !!!
How does it work?
The 10K DRAWDOWN account is only available by participating in the associated 10K DRAWDOWN challenge. When you pay your €19 registration fee for the challenge, you receive a 10K DRAWDOWN account (simulated) and are enrolled in the pool of traders participating in the challenge for 1 month.
Position size
Les traders du compte 10K DRAWDOWN peuvent ouvrir jusqu'à 25 contrats E-mini maximum en intraday tout instruments confondus.
Over-night and Over-Week positions are authorized within the limit of 5 E-mini contracts.
Registrations
You can register several times, simultaneously or not, to obtain more 10K DRAWDOWN accounts (simulated) and increase your chances of success.
No restriction on the number of entries per participant.
When the challenge is in progress, you can join and participate up to 5 days before the end of the challenge. After this time, entries will no longer be possible, and you will have to wait until the next 10K DRAWDOWN challenge opens.
Starting the challenge
You can find the start dates for each challenge on the page 10K DRAWDOWN. If you don't see a date on the 10K DRAWDOWN page, the next challenge hasn't been organized yet.
Target
When you sign up for the 10K DRAWDOWN challenge, you're added to the pool of traders participating in the challenge. Your goal: finish 1st in the pool at the end of the month with the highest profit in the pool, and you win the 10K DRAWDOWN account.
Ranking
A ranking will be visible in your Dashboard area. The ranking will be updated every day at the end of the day.
Ranking rule
The ranking will be subject to the following rule:
Each trader will be represented by the trading account that has achieved the best ranking performance. If you have registered with more than one account, these will not be counted in the final rankings. However, you will benefit from the prize won for the top 100% for each of these accounts (see below).
Earnings
All participants win a prize at the end of the challenge. Each winner of the 10K DRAWDOWN CASH account will not be able to participate in the challenge thereafter as long as they have an active 10K DRAWDOWN CASH account, in order to give everyone the chance to win a 10K DRAWDOWN CASH account.
Here is a list of the prizes and how they were won:
1st: 1 10K DRAWDOWN CASH account (real account)
2nd: 1 account 100K Swing (evaluation account)
3rd: 1 account 50K Swing (evaluation account)
4e: 1 account 100K FUNDAMENTAL (valuation account)
5e : 1 account 50K FUNDAMENTAL (evaluation account)
Top 10% (excluding top 5): 30% discount code on all accounts (except 10K DRAWDOWN and MASTER)
Top 50% (excluding top 5 and top 10%): 15% discount code on all accounts (except 10K DRAWDOWN and MASTER).
Top 100% (excluding top 5, top 10% and top 50%): 10% discount code on all accounts (except 10K DRAWDOWN and MASTER).
All promotion codes will be added to existing promotions.
Specific rules for the 10K DRAWDOWN CASH account
For winners of the 10K DRAWDOWN CASH account, you can find the specific rules in section 18 of the rules of the website.
Join the Phidias Propfirm community on Discord!
Join our community of passionate traders on Discord.
Disclosures: Commodity Futures Trading Commission Futures required disclaimer.
Commodity Futures Trading Commission (CFTC): Trading futures and options presents great potential rewards, but also great potential risk. You need to be aware of the risks and be willing to accept them to invest in the futures markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to buy or sell futures contracts, shares or options thereon. No representation is made that any account will or is likely to realize profits or losses similar to those discussed on this website. Past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trades. Furthermore, since the trades have not been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with hindsight. No representation is made that any account will or is likely to generate profits or losses similar to those shown. No representation is made that any account will or is likely to realize profits or losses similar to those discussed in this site, medium and texts. Our courses, products and services are to be used as learning aids only and are not to be used to invest real money. If you decide to invest real money, all business decisions must be your own.
Disclosure of testimonials: testimonials appearing on this website may not be representative of other customers and do not constitute a guarantee of future performance or success.