To navigate the Wall Street Challenge successfully, it’s important to adhere to the following rules:
Maximum Daily Drawdown: You are permitted a daily loss limit of up to 3% of your starting account balance. Exceeding this limit on any given day constitutes a breach of the daily drawdown rule.
Maximum Overall Drawdown: Your account is permitted a maximum total drawdown of no more than 6% from your initial balance. In other words, your account’s balance or equity should not drop below 94% of the starting amount at any point during your trading.
Minimum Trading Days: During the Wall Street Challenge, you you must complete at least 2 distinct trades on separate days over your trading cycle. The trading days can occur as non-consecutive days, and there is no cap on the number of trades you can make, allowing for flexibility in your trading strategy.
Copy Trading: Copy trading is permitted from other accounts only you own, whether they are with Funded Prop BX, another prop firm, or a retail broker. Copying trades between accounts not owned by the same individual, including those of relatives or friends, is prohibited.
IP Address Usage: To maintain a secure trading environment, we strongly recommend using a single device with a unique IP address for your trading activities on our platform. This avoids any complications related to IP address conflicts.
VPN/VPS Service: The use of VPN and VPS services is allowed for accessing Funded Prop BX. We advise using paid VPN services with a consistent IP choice within a specific country for tracking. Users should select paid VPS services with dedicated IPs to avoid shared connections with others.
EAs/Indicators: The use of Expert Advisors (EAs) and Indicators is allowed to support your individual trading strategies. It is important that trading parameters are distinct and unique to your own individual trading style and account.
Restricted Trading Strategies: We strictly prohibit any form of cheating or exploitation of our platform, as it violates the Terms of Service (TOS) you agreed upon at registration. Please review our TOS carefully and understand the guidelines to avoid any potential issues.