HedgedProp

Challenge Terms

Last updated November 2, 2026

These terms apply to the Two-Step Challenge and One-Step Challenge. Purchasing a Challenge binds you to these terms and to the Terms & Conditions.

  1. 01Nature of the service

    A Challenge is a simulated evaluation of your trading skill, discipline and risk management using virtual funds. No real capital is provided and no real positions are opened.

    During the Challenge you are not a funded trader and have no right to payouts. Participation is not employment and passing does not automatically guarantee a funded account.

  2. 02Fees

    A one-time, non-refundable fee is paid at purchase and covers every step of the Challenge. There is no activation fee.

    Two-Step Challenge — account size / fee: $5,000: $44 · $10,000: $75 · $25,000: $150 · $50,000: $250 · $100,000: $500.

    One-Step Challenge — account size / fee: $5,000: $58 · $10,000: $99 · $25,000: $180 · $50,000: $320 · $100,000: $550.

  3. 03Trading parameters — Two-Step Challenge

    • Profit target: 10% in Step 1, 5% in Step 2, based on starting balance. No profit target once funded.

    • Daily loss limit: 5%, equity-based.

    • Maximum loss: 10%, equity-based. Breaching it means immediate disqualification.

    • Minimum trading days: 5 per step; none once funded.

    • Leverage up to 1:100 during the evaluation. Leverage on the funded account is reduced as set out in the Funded Account Terms.

    • Funded profit split: 80% trader / 20% HedgedProp. Withdrawals every 5 days, minimum 1% of account size.

  4. 04Trading parameters — One-Step Challenge

    • Profit target: 10% in Step 1, based on starting balance. No profit target once funded.

    • Daily loss limit: 3%, equity-based.

    • Maximum loss: 6%, equity-based. Breaching it means immediate disqualification.

    • Minimum trading days: 5 per step; none once funded.

    • Leverage up to 1:50 during the evaluation. Leverage on the funded account is reduced as set out in the Funded Account Terms.

    • Funded profit split: 80% trader / 20% HedgedProp. Withdrawals every 5 days, minimum 1% of account size.

  5. 05Prohibited practices

    • Hedging on one account or across linked accounts.

    • High-frequency trading or latency exploitation.

    • Account sharing or third-party trading.

    • Two or more registered clients using the same IP address.

    • Exploiting pricing errors or platform weaknesses.

    • Copy trading or signal services.

    • Opening or holding positions from 15 minutes before to 15 minutes after a high-impact (red) news event in the economic calendar.

    • Weekend holding; tick scalping; grid-trading abuse.

    Any breach results in immediate disqualification and forfeiture of fees.

  6. 06KYC and progression

    KYC is not required during the Challenge but must be passed before funded access. Funded access also requires meeting all parameters and passing our internal review; it remains at our discretion.

  7. 07Resets, company rights and liability

    Resets, where offered, are announced on the website and may carry a fee. We may monitor all activity and modify, suspend or close accounts for suspected violations. Rule changes apply to future purchases.

    We are not liable for losses, technical failures or service interruptions. If you dispute a result, support will review the account data.

  8. 08Contact

    For support, payout and dispute queries, write to support@hedgedprop.com.