> For the complete documentation index, see [llms.txt](https://docs.tradersyard.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tradersyard.com/traderchallenge/welcome-to-the-yard.md).

# Welcome to the Yard

## How TradersYard Challenges work?&#x20;

### 1. Start a Challenge

In a first step, you need to enter into one of our Trading Challenges.

### 2. Receive a Signal-Provider-Contract

After successfully passing Phase 1 and Phase 2 in your challenge, you reach the Funded-Account level of a challenge. As Funded-Account trader you will be offered a Signal-Provider 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.

### 3. Earn Real Money

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](https://docs.tradersyard.com/traderchallenge/account-scaling)

### 4. Profit and Growth

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.&#x20;


---

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