> 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/faqs.md). # FAQs ## New to TradersYard Challenge
What is a TradersYard Challenge? TradersYard Challenge is designed to evaluate the trading skills of aspiring, disciplined traders who can consistently generate profits by effectively trading financial instruments such as stocks, ETFs, Indices, forex, commodities, or cryptocurrencies while managing risk.
How do I sign up? The sign-up process is explained [here](/traderchallenge/quick-start-guides/start-your-first-challenge.md).
Who can join TradersYard Challenge? We accept traders from all around the world. There is no special qualification required. All clients must be at least 18 years old. If you know how to trade profitably and with proper risk management, that is all we care about. Please note that TradersYard does not provide services to persons/countries listed on sanction lists, persons with criminal records related to financial crime or terrorism, and to persons previously banned because of breach of contract/ unethical activities. For futures-challenges you need to explicitly confirm that you are a non-professional trader to be eligible to join.
Where is your office? How can I contact you? Our head office is based in Kärntnerring 5-7, 1010 Vienna, Austria. Our entire team, however, is based internationally around the world. You can contact us at
Can I start paper trading before entering a challenge? No, you cannot have a paper trading account before you enter a challenge. However, you can check the [**Tournaments** ](https://tradersyard.com/tournaments)tab in TradersYard to see if any upcoming tournaments are available. Participation is free, and once the countdown ends, you'll have an active account in WebTrader.
See how you can connect an active Challenge Account with WebTrader:
Can I use MetaTrader 5 for the challenge? The challenge can only be traded using our AgenaTrader (Desktop) and our web based WebTrader (Browser). MT5 is currently not supported, but will be available soon.
Is my country restricted from participating in a challenge? You can find a list of all restricted countries here: [![](https://cdn.prod.website-files.com/624f0c4263953ffe82f4e446/6283961c57e13d78d21f0ca5_Asset%208.png)Supported Countries and Currencies](https://www.riseworks.io/resources/supported-countries-and-currencies)\ \ As per December 2025, please review the following policy update by Rise:\ \ ![](/files/XPnmKW3PSiRUu8vOJste) Please note, however, that if you would like to receive your payout via Crypto direct wallet transfer, you would need to go through a Veriff KYC check, which does not necessarily include the above-mentioned banned countries. For Futures-Challenges we have to follow any country-restrictions from the CME itself, which is using the official US-sanction lists: Especially we cannot accept users from the following countries: \ \ Afghanistan\ Algeria\ Andorra\ Angola\ Bahamas\ Barbados\ Belarus\ Belarus\ Botswana\ Burkina Faso\ Burma (Myanmar)\ Burundi\ Cambodia\ Central African Republic\ Côte d'Ivoire\ Cuba\ Democratic Republic of Congo\ Ecuador\ Ethiopia\ Ghana\ Haiti\ Iran\ Iraq\ Jamaica\ Kenya\ Laos\ Lebanon\ Liberia\ Libya\ Mali\ Mongolia\ Morocco\ Mozambique\ Nicaragua\ Nigeria\ North Korea\ Pakistan\ Papua New Guinea\ Phillipines\ Russia\ Senegal\ Somalia\ South Sudan\ Sudan\ Sudan and Darfur\ Syria\ Trinidad and Tobago\ Uganda\ Yemen\ Zimbabwe
Do I need to subscribe to an external datafeed? No, we provide our free datafeed. Once you purchase a challenge, all tools and data to trade the challenge will be provided to you without any extra charges.
What Rules do I need to follow? You can see rules section here: Prohibited practices include: * Copy trading * Hedging across accounts * Arbitrage or latency exploitation * Martingale / grid strategies * Gambling behavior * News trading abuse * Use of VPN/VPS
What consistency rule do I need to follow? 40% Consistency Rule: Your Best Day Profit cannot exceed 40% of your Total Closed Profit. Only closed trades are included in this calculation. Consistency = (Best Day Profit ÷ Total Closed Profit) × 100 If your Best Day Profit exceeds the 40% limit, your account will not fail. But you must increase your Total Closed Profit to bring this ratio below 40% in order to pass or request payout. * Example 1: $100,000 account. Total Closed Profit = $10,000. Best Day Profit = $3,000. Consistency = ($3,000 ÷ $10,000) × 100 = 30%. Since 30% is below 40%, you are consistent and can pass or request payout. * Example 2: $50,000 account. Total Closed Profit = $5,000. Best Day Profit = $3,000. Consistency = 60%. Not consistent yet. If Total Closed Profit grows to $8,000 while Best Day stays at $3,000, new Consistency = 37.5%. Now below 40%, consistent, can pass or request payout.
I won an account through a giveaway or tournament. How long do I have to claim it? Winners must claim their account within **30 days** of being notified.
## Billing & Payments
What payment methods are available? We accept Visa, MasterCard, American Express, Maestro, Diners Club International and Cryptocurrency. Payments to buy Challenge accounts are made through Stripe and we use Rise or Cryptocurrency to transfer payouts. You can ask for assistance in our discord channel & our support team will get in touch with you.
Why is there a fee? Yes, to participate in a TradersYard Challenge, there is an entry fee the user has to pay to take part in our unique offering. The fee primarily symbolizes a trader's pledge to handle the account with the utmost diligence and accountability. This commitment instills a sense of involvement and psychological engagement. Moreover, the fee represents a minor proportion in comparison to the substantial TradersYard Challenge Account that awaits successful candidates post the Evaluation Process. Essentially, this fee acts as a pivotal gateway to the TradersYard Challenge Account, presenting an avenue towards achieving financial autonomy. Importantly, the fee's safeguard ensures that potential losses on the TradersYard Challenge Account are absorbed by us, thereby restricting any losses beyond the fee itself. In addition, the fee encompasses the utilization of our distinctive tools such as AgenaTrader with all of its comprehensive features. Another dimension of the fee involves sieving out committed traders from those attempting casually. Our focus is on adept traders who can consistently yield profits. Considering our finite capacities and resources, accommodating every trader is unfeasible. Hence, we welcome exclusively those individuals who exhibit dedication, seriousness, and responsibility. Our program stands as a highly esteemed service, and its pricing reflects its intrinsic value.
Do we charge any other fees? No, we don’t charge any additional or hidden fees. The entry fee for the TradersYard Challenge covers it all. There are absolutely no other fees with us. That means we are covering all fees for the datafeed, trading-platform and infrastructure for you.
Do I have to use my own funds to trade with Challenge? At no point during your trading journey with us will you need to invest your own funds in order to trade. The only expense to be covered from your end is the entry fee of our Challenges.
How do I update my payment information? Head over to **Billing** from the left sidebar. Under **Payment Method** you can delete/update your payment information: \ \ ![](/files/DQCaIAVLncpiGXLqCvha)
How the 14-days-money-back-guarantee works? After a purchase you are eligible for a full refund of your initial entry-fee to a challenge. However, the refund is only possible if you did not place any orders or trades on your challenge-account yet. As soon as you place your first order or trade, your challenge is started and the 14-days-money-back-guarantee cannot be used anymore.
How do I download my invoices? Head over to **Billing** from your left sidebar. Under **Invoice History** you can download your invoices by clicking on the symbol below: \ ![](/files/weuwEeer6M2WnhEqAA42)
How/When are Payouts made? * **Payout Options:**\ We offer both **FIAT** and **Crypto payouts** to accommodate your preferences. For further details, please visit our payment provider: [![](https://cdn.prod.website-files.com/624f0c4263953ffe82f4e446/6283961c57e13d78d21f0ca5_Asset%208.png)Crypto Payroll & Web3 Workforce Solutions | Rise](https://www.riseworks.io/) * **Payout Procedure:**\ Before a payout is made, the following steps are required: 1. **Signing of a Signal Contract**: You will need to review and sign the agreement. 2. **Identity Verification (KYC)**: Your identity must be verified as part of the standard Know Your Customer (KYC) process. * **Processing Time:**\ We process payouts in 1-2 business days after KYC approval. During public holidays no payouts are processed. Most traders receive their profit-share payments within 4-6 business-hours of requesting a payout.
How do I receive my cash payouts as a successful signal provider? To request your first payout, the following steps are required: (KYC with Veriff OR Rise)
1. **Complete KYC/AML verification** via 2. **Or create an account at** [**https://www.riseworks.io/**](https://www.riseworks.io/) – this service handles the signal provider contracts and payments. 3. **Create an invoice** (only if using Veriff) issued by you to TradersYard for the signal provider services rendered: * The invoice must comply with the legal requirements of your country. * The invoice must include the following details: * **Invoice recipient:** TradersYard GmbH, Kärntnerring 5-7, 1010 Vienna, Austria, VAT-ID: ATU77254506 * **Invoice sender:** The name of the person who paid the challenge registration fee + full address and country information. * **Invoice date:** Date the invoice is issued. * **Service period:** The period from when you purchased the challenge to when you completed the current level (from - to date needed) * **Service description:** Performance commission for account number – (your TradersYard account number, format: TC-X-XXXXXX) * **Amount:** Specify the exact payout amount you wish to request. * **Tax rate:** Indicate the applicable tax rate, even if it is 0%. For invoices from the EU, add a reverse charge note if applicable. You can use tools such as , , or to create your invoice.
Are there time limits? There are no time limits for completing challenges or trading on funded accounts.
Where can I see who has already received payouts? You can view all payout recipients in our Payout Channel on Discord. We update it regularly so you can see every trader who has successfully received a payout.
Can affiliates earn commissions on all account sizes? Affiliates do not earn commissions on 2.5K accounts. Commissions are available on all higher account sizes.
What is the minimum payout amount? Traders can request a payout at the end of each payout cycle, once their profits reach a minimum of $50 on the funded account. Specifically for instant funded account, minimum withdrawable payout is $50 or 2% of initial balance, whichever is maximum among these two amounts.
What is the reward and payout schedule for each account type? | Account Type | First Reward / Payout Request | Future Reward / Payout Requests | Special Conditions | | -------------- | ----------------------------- | --------------------------------------------------------------- | ------------------------------------------------------------------------ | | Step 1 Funded | After 15 days | The payout cycle resets only when a payout request is submitted | No time limits | | Step 2 Funded | After 15 days | The payout cycle resets only when a payout request is submitted | No time limits | | Instant Funded | After 15 days | Every 10 days | Daily reward withdrawals become available after 60 days of good standing |
When do daily reward withdrawals become available on Instant Funded account? Traders who maintain their Instant Funded account in good standing for 60 days unlock daily reward withdrawals, providing faster access to earned rewards.
Do Instant Funded accounts have a different reward schedule than challenge accounts? Yes. | Account Type | First Reward/Payout | Subsequent Reward/Payout Requests | | -------------- | ------------------- | ------------------------------------------ | | Step 1 Funded | 15 days | Payout cycle resets after a payout request | | Step 2 Funded | 15 days | Payout cycle resets after a payout request | | Instant Funded | 15 days | Every 10 days | | Futures | 10 days | 10 days |
What is Payout Cap? There is no payout cap on FX challenges — you can request a reward of any size. A scalable profit split system applies (see Reward Split rule). FX Giveaway accounts received from a promotion or tournament prize are limited to a single payout. All accounts received as a tournament prize or promotion are FX 2-step default accounts. Futures accounts have the first 5 payouts capped as follows:: * 25K account: $2,000 * 50K account: $3,000 * 100K account: $4,000 * 125K account: $5,000 Maximum payouts per cycle across all futures accounts: 10 payouts or $40,000 total, whichever comes first. One cycle means the time period until a cooldown period is reached; the cycle resets after the cooldown period (further details below). All traders are subject to review by the risk team. This review examines account history, trading patterns, and checks for any rule violations. The risk team reserves the right to place a trader on a 30-day cooldown at any time, including before reaching the payout limit, if there is evidence of account churning or if the trader has reached the maximum of 10 payouts or $40,000 in total payouts for the cycle. During the cooldown period, trading will be suspended, all accounts will be disabled, and only up to two funded accounts will remain active. After the 30-day cooldown, the trader may re-enter the cycle and purchase additional accounts if desired. Funded accounts will be automatically unblocked on calendar day 30.
## Legal
Do I have to tax my income? You will need to deal with taxes as well as social-security payments based on any potential cash-payouts on your own, in accordance with your country’s laws and tax regulations. Please contact a local tax-consultant to clarify how you need to tax your challenge-payouts correctly according to your local laws.
Do I need to submit any document for starting a TradersYard Challenge? No, we do not ask you for any official documents for starting the TradersYard TraderChallenge. Before you can get your first real payout you need to do a basic KYC due to legal reasons. Our team will contact you for that task as soon as you get the Funded Account
## Account
How many accounts can I own? You can purchase **unlimited challenge accounts**. However, the maximum funded allocation is limited to: * **$300,000 total**, or * **2 funded accounts**,\ whichever is reached first. Please note: * This limit applies **only to funded accounts**, not evaluations * For certain regions (Malaysia, Pakistan, Indonesia), the maximum funded allocation is **$100,000**
What is leverage trading and margin? **Margin** is the capital required to open a position, while **leverage** allows you to control a larger position with less capital. We as a Prop firms provide leverage to amplify your trading potential, but it’s essential to have risk management strategies to mitigate the inherent risks of margin trading. Margin= 1/Leverage **Example: XAUUSD.CFD Trade with 1:10 Leverage** * **Cash Value:** $50,000 * **Leverage:** 1:10 * **Price:** $4,100/ CFD * **Trade Size:** 1 of XAUUSD To calculate the margin required for 1 CFD of Gold: Margin= Trade Size x Price / Leverage\ \=1×4,100 / 10\ \= 410\ \ So you need $ 410 to buy 1 CFD of Gold with leverage of 1:10. This $ 410 will be taken from your cash value, and you can check this amount taken as margin in account manager under "Used Margin" As your initial cash value was $ 50000, an you have used $ 410 out of it to buy 1 CFD of Gold, your available margin is $ 49590. This available margin can be used to open other trades. Available Margin= Cash Value - Used Margin You can also check that $ 4100 is taken as used buying power in the account manager. Used Buying Power= Trade Size x Price\ \= 1 x 4100 =4100 To know more on Margin Trading, please check [article](https://www.investopedia.com/ask/answers/06/forexleverage.asp#:~:text=Leverage%20in%20forex%20trading%20allows,can%20significantly%20increase%20market%20exposure)
What is the Maximum Allowed Margin Each individual trade must not consume more than 70% of your account balance as margin — any breach will result in the profit from that trade being forfeited.
To what size can my account be scaled? In 1-step and 2-step FX funded plans, your account can be scaled up after every 4th payout of at least 1% profit. For each such milestone, your FX funded account receives an additional 10% of your base account size in funding. The maximum scale is $200,000 or 5 times your initial account size, whichever is reached first. *Example 1:*\ A $100,000 funded account after the 4th payout will increase by 10% to $110,000. After the 8th payout, it will increase to $120,000, and so on. *Example 2:*\ A $150,000 funded account after the 4th payout will increase to $165,000. After the 8th payout, it will increase to $180,000. Scaling stops at $195,000 if the 5x limit is reached before the $200,000 cap. *** For **Instant Plan accounts**, scaling works differently. For every 5% profit achieved, your Instant Plan account becomes eligible for a $1,000 account balance increase. This increase is applied at the start of the next payout cycle. Scaling milestones can be achieved at any time, including after the first payout cycle, allowing the account to scale by $1,000 increments up to a maximum of $10,000. *Example:*\ A $1,000 funded account, after gaining 5% profit and requesting a payout, will receive a $1,000 increase in balance for the next cycle, resulting in a $2,000 balance. The maximum increments can go up to $10,000. *** **Note:** Futures accounts do not have a scaling plan.
What Leverage do you offer? leverage is **user-selected at purchase**
OptionFXCommoditiesIndicesStocksCrypto
Up to 1:751:751:151:151:21:2
Up to 1:301:301:101:101:11:1
How do I enable Bid/Ask lines to view the spread? To view the spread, enable the Bid/Ask lines as explained here:
Why can’t I trade BTC on the $5,000 account? The $5,000 challenge account has **limited buying power** due to its smaller balance and the standard leverage we apply. **Example:**\ Let’s assume the price of 1 BTC = 100,000 and you have a $5,000 account.\ Even with **leverage**, your buying power may not be enough to open a position in BTC, since BTC is a **high-value asset** and often requires more margin than what your account can cover. > ⚠️ **Result:** The system will **block the order** due to **insufficient margin or buying power**. **Solution:** To trade BTC or similar high-value instruments, consider using: * A **larger challenge account** (e.g., $10K, $25K, or higher) * Or choose **lower-priced instruments** on your $5K account that match your available margin. * For some frequently traded instruments we offer MINI-CFDs with 1/10th of the contract size of the normal instrument, so for your $5k account you can trade BTCUSDMINI.CFD. Also read this FAQ for further infos about MINI-CFDs: [#what-is-a-mini-instrument-and-what-is-a-margin-for-it](#what-is-a-mini-instrument-and-what-is-a-margin-for-it "mention")
What are the different types of drawdown? 1. **Daily Drawdown** A daily loss limit based on your account equity. The limit resets every day at **UTC 00:00**. If your equity falls below the allowed daily limit at any point during the day, the account is breached. 2. **Static Drawdown** A fixed maximum loss limit based on your starting balance. The drawdown level never moves, regardless of how much profit you make. If your equity falls below this level, the account is breached. 3. **End-of-Day (EoD)** Max **Drawdown** A maximum loss limit that can move upward as your account grows. The drawdown level is updated at **UTC 00:00** whenever a new account high is reached. It never moves downward and eventually locks once its maximum level is reached.
Drawdown TypeResets DailyMoves UpMoves Down
Daily DrawdownYesNoNo
Static DrawdownNoNoNo
EoD Max DrawdownNoYesNo
What drawdown rules apply to each account type?
Drawdown TypeResets at UTC 00:00Moves UpMoves DownApplies To
Daily DrawdownYesNoNoStep 1, Step 2
Static Max DrawdownNoNoNoStep 2
EoD Max DrawdownNo (reviewed at UTC 00:00)YesNoStep 1, Instant Funded, Futures
#### Notes * **Daily Drawdown** resets completely every day at UTC 00:00. * **Static Max Drawdown** never resets and never moves. * **EoD Max Drawdown** does not reset. It is reviewed at UTC 00:00 and moves upward only when a new account high has been reached. Once locked, it no longer trails higher.
What is a mini instrument and what is a margin for it? We have mini instruments such as BTCUSDMINI.CFD, US100MINI.CFD, US30MINI.CFD, CH20MINI.CFD. In order to make it possible to trade with less cash value, these MINI instruments are introduced. As per name, you need to spend margin 10 times less in order to open a position **Example: US100MINI.CFD Trade with 1:20 Leverage** * **Cash Value:** $50,000 * **Leverage:** 1:20 * Margin: 1/Leverage * **Price on chart:** $20,820/ CFD * **Trade Size:** 1 of US100MINI.CFD * Quanity divider: 10 for MINI instruments To calculate the margin required for 1 CFD of Gold: Margin= (Trade Size x Price) / (Leverage x Quantity divider)\ \= (1 x 20820) / (20 x 10)\ \= 104.1\ \ So you need $ 104.1 to buy 1 CFD of US100MINI.CFD with leverage of 1:20. This $ 104.1 will be taken from your cash value, and you can check this amount taken as margin in account manager under "Used Margin" As your initial cash value was $ 50000, and you have used $ 104.1 out of it to buy 1 CFD of US100MINI.CFD, your available margin is $ 49895.9. This available margin can be used to open other trades. Available Margin= Cash Value - Used Margin You can also check that $ 2082 is taken as used buying power in the account manager. Used Buying Power= Trade Size x Price / Quantity divider\ \= 1 x 20820 / 10 = 2082 To know more on Margin Trading, please check [article](https://www.investopedia.com/ask/answers/06/forexleverage.asp#:~:text=Leverage%20in%20forex%20trading%20allows,can%20significantly%20increase%20market%20exposure)
Do you offer Demo or Live Accounts? Our challenges are based on **demo accounts with virtual capital** throughout the whole challenge-journey. The only difference is that after you pass Funded Level, you will have to sign a Signal Provider Agreement that we will send to you. This allows TradersYard to copy your trades as signals to our corporate account (if our internal risk-assessments and further metrics are fulfilled). At no point will you be held accountable for potential losses if TradersYard copies your signals and it leads to losses. Also, at no point during your TradersYard Challenge you will trade with real money, all trading-activities in our challenges are virtual.
How can I see my challenge-progress? You can view your progress in the [Challenge Dashboard](https://tradersyard.com/trader-challenge) in TradersYard. The separate elements on your dashboard are explained here: [Challenge Dashboard](https://docs.tradersyard.com/traderchallenge/getting-started/challenge-dashboard)
What does the different challenge-status definitions mean? * **Running:** The account is **active and tradable**. The trader is currently participating in the challenge and has not breached any rules or completed the objectives yet. * **Passed** The trader has **successfully completed the challenge** by meeting all profit targets and staying within the rules (e.g., drawdown limits). The account is eligible for progression (e.g., verification or funded stage). * **Profit Target Reached** Your account has reached the required profit target. To proceed to the next phase or funded stage, all open positions must be closed and all required rules must be met. * **Waiting for Payout** Your funded account has met the payout eligibility conditions and is currently waiting for the payout request to be processed. * **Failed** The trader has **breached challenge rules** (e.g., max drawdown) or did not meet requirements within the timeframe. The account is closed as failed. * **Blocked** The account is **temporarily restricted from trading**. This can happen due to rule violations, payment issues, or administrative actions. The trader cannot place trades until the issue is resolved.
Is your drawdown equity-based or balance-based? Daily Drawdown & Max Drawdown are equity-based, meaning open P/L is included in the calculation. Equity includes unrealized P/L from open positions, your account can breach a drawdown limit even if a trade has not yet been closed. EoD Max Drawdown is Equity/Balance at EoD based
What is Shield Protection? Shield Protection is an Instant Funded account benefit that increases your Maximum Drawdown allowance over time. For every **4th qualifying reward**, your account receives an additional **0.5% drawdown shield**. A qualifying reward is a reward of at least **$50 or 2% of the initial account balance**, whichever is greater. The shield is added to your existing Maximum Drawdown allowance and can accumulate up to a maximum of **+2.0% additional drawdown protection**. **Example:** * Initial Maximum Drawdown: 5.0% * After 4th qualifying reward: 5.5% * After 8th qualifying reward: 6.0% * After 12th qualifying reward: 6.5% * After 16th qualifying reward: 7.0% (maximum shield reached) Shield Protection is available only for **Instant Funded accounts**.
Is there a Martingale rule? After a losing streak, new positions must not exceed 2x the notional size of the largest losing trade in that streak. \ Exceeding this triggers a violation.
How can I reset my account? If your challenge account is failed, you will automatically receive an email with a **10% discount coupon** for your next challenge purchase. Please note: * This is a **new challenge purchase**, not a reset of the same account * You can choose your **preferred account size** during purchase * **No previous progress or trades are carried over**
What is Profit Split system? TradersYard uses a **scalable profit split system**, where your share increases based on profit tiers: | Profit Tier | Trader Keeps | | ------------- | ------------ | | First $300 | 100% | | $300 – $1,000 | 90% | | Above $1,000 | 80% | **Example:**\ If you request a payout with **$1,200 profit**: * First $300 at 100% = $300 * Next $700 at 90% = $630 * Remaining $200 at 80% = $160 **Total payout = $1,090 out of $1,200 profit**
Is there an inactivity rule? Yes, there is an inactivity rule. You must execute **at least one trade within every 30-day period** to keep your account active. Please note: * If your account remains inactive beyond 30 days, it will be **permanently closed** * **Closed accounts cannot be restored**
Is there an consistency rule? 40% Consistency Rule: Your Best Day Profit cannot exceed 40% of your Total Closed Profit. Only closed trades are included in this calculation. Consistency = (Best Day Profit ÷ Total Closed Profit) × 100 If your Best Day Profit exceeds the 40% limit, your account will not fail. But you must increase your Total Closed Profit to bring this ratio below 40% in order to pass or request payout. Example 1: $100,000 account. Total Closed Profit = $10,000. Best Day Profit = $3,000. Consistency = ($3,000 ÷ $10,000) × 100 = 30%. Since 30% is below 40%, you are consistent and can pass or request payout. Example 2: $50,000 account. Total Closed Profit = $5,000. Best Day Profit = $3,000. Consistency = 60%. Not consistent yet. If Total Closed Profit grows to $8,000 while Best Day stays at $3,000, new Consistency = 37.5%. Now below 40%, consistent, can pass or request payout.
What trading strategies are not allowed? Prohibited practices include: * Copy trading * Hedging across accounts * Arbitrage or latency exploitation * Martingale / grid strategies * Gambling behavior * News trading abuse * Use of VPN/VPS Violations can lead to profit deduction or account termination.
Can I trade during news events? * Trading is restricted **10 minutes before and 5 minutes after high-impact news** * Pending orders (TP/SL) will not execute during this time * During account [configuration](https://docs.tradersyard.com/traderchallenge/build-your-yard-configurator), you can choose whether **News Trading** is allowed or restricted for your challenge account * News trading is **always restricted on funded accounts**
Will I be compensated if a trade is affected by a system outage, glitch or a bug? Yes, compensation may be provided if a system outage, glitch, or bug affects your trade. However, eligibility for compensation requires that: * A Stop Loss (SL) and Take Profit (TP) were set at the time the order was placed. * A support ticket is submitted within 30 days of the incident. Trades that do not meet both of these requirements will not be eligible for compensation. All claims are subject to review and verification.
--- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.tradersyard.com/traderchallenge/faqs.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.