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TradersYard Challenges
Last updated
TradersYard Challenges
Last updated
In a first step, you need to enter into one of our Trading Challenges.
After successfully reaching level 3 of a challenge, you will be offered a Signaling Contract. You will trade on our TradersYard BrokerageServer with a virtual account and virtual trading assets and give buy and sell signals for the instruments you decide to trade. TradersYard then will evaluate your trades based on our internal risk-metrics to decide if TradersYard will enter a trade on our own prop-trading company-account based on your signal.
You will be remunerated for your trading signals after you reach the next level in your challenge. The details on how much pay-outs you can achieve on passing a level can be seen here: Account Scaling
Each challenge has pre-defined levels associated with it. In each level you have a clearly set profit target, daily-risk-limit and level-drawdown-limit for your account. If you successfully reach the profit target, you will progress to the next level and start trading with more buying-power on a fresh account. From level 3 upwards you will receive your level-payout that you can easily request in your dashboard.
As you enhance and develop your trading abilities, you have the opportunity to advance through our various account tiers, grow your virtual capital base and hence increase the chance of higher real-money-payouts.
