MTI Prop Challenge the lazy package

· Profit target (10%)

• During the trading challenge phase, the profit target is set at 10% of the account's starting capital.
• Simulated fund account:

· Intraday loss limit (5%)

• The daily loss limit is calculated based on the highest account equity you reach during the trading day. Once the highest equity value for the day is determined, the drawdown of your current account equity relative to the highest equity value for the day shall not exceed the set daily loss limit. This means that your account equity must always be maintained within the range of the highest equity of the day minus the upper limit of the daily loss.

Example:
Assuming that the initial capital of the challenge account you choose is $10,000, the internal loss limit is set to 5% (ie $500).
If on a certain trading day, your highest intraday equity reaches $10,300, then your current account equity must remain above $10,300 minus $500 = $9,800 to avoid triggering the intraday loss limit.
If the current account equity drops below $9,800, the intraday loss limit rule will be triggered, resulting in the challenge failure.

· Cumulative loss limit (10%)

• The cumulative loss limit is calculated based on the highest account equity you reach on all trading days during the entire challenge period. Once the maximum equity is determined, the drawdown of your current account equity relative to the maximum equity shall not exceed the set cumulative loss limit. This means that your account equity must at all times be maintained within the range of the cumulative maximum equity minus the cumulative loss limit.

Example:
Assuming that the initial capital of the challenge account you choose is $10,000, the cumulative loss limit is set to 10% (ie $1,000).
If on a certain trading day, your accumulated maximum equity reaches $10,300, then your current account equity must remain above $10,300 minus $1,000 = $9,300 to avoid triggering the accumulated loss limit.
If the current account equity drops below $9,300, the cumulative loss limit rule will be triggered, resulting in the challenge failure

· Intraday profit limit (30%)

• "Total profit within a day must not exceed 30% of the profit target limit", the excess amount will not be calculated in the total profit amount.

Example: Initial capital: $1,0000
Profit target (10%): $1,000×10% = $1000
Intraday profit limit (30%): $100×30% = $300
If on a certain trading day, the investor's profit after closing the position is $900, and the loss after closing the position is $300, the total profit and loss after closing the position within the day is $+600. In this case, even if the total profit or loss for a single day is $+600, according to the intraday profit limit (30%) rule, only $300 will be included in the intraday profit.

· Target trading days

• During the trading challenge phase, the target number of trading days is 4 days, which means that there must be at least four trading days in which new positions are opened or existing positions are maintained.

· Challenge Deadline

• The challenge period for the simulated funding challenge is set at 90 days, so that investors have enough time to achieve the profit target of the challenge.

• The challenge fee for the simulated fund account varies according to the profit commission account funds

· How to refund the challenge fee?

• As long as the challenge is successful, you can apply for a refund of the challenge fee, which will be refunded to your account after 3-5 working days of review.

Comparison of rules between the challenge stage and the profit commission stage

· How to withdraw profit from profit-taking account?

• 1.Withdrawal threshold: After 30 days of receiving profit commission account, if the current profit amount exceeds 5% of the initial capital, the investor can apply to withdraw the excess profit funds. Each withdrawal is valid for 3 days, that is, you can apply for withdrawal from the 30th to the 33rd day. After that, you can apply for withdrawal again every 30 days.
• 2.Minimum withdrawal amount: The minimum amount for each withdrawal request is $100 to meet the minimum withdrawal requirements of the payment channel
• 3.Active account termination: If you choose to withdraw all profits in the profit commission account, it will be considered as an active termination of the profit commission account

· How to start the challenge?

• Step 1: Log in to the M.T.I. official websitehttps://www.mtiprop.com/zh Or log in directly to the Prop Trader challenge page https://www.mtiprop.com/zh/trading-challenge Click the "Login/Register" button in the upper right corner or the "Start Challenge" button on the page to register a challenge account.

• Step 2: Register using your mobile phone, enter the SMS verification code, and set your account password. Please remember the password for easy login to your account later. If there is Recommendation code, you must fill it in, there will be a discount when you register and pay.

• Step 3: After logging in, enter the investor zone and select challenge mode. You can choose to participate Demo Fund Challenge, Click the button to start your challenge.

· Select a simulated funding challenge

• 1.Select the challenge account starting funds: Select the simulated funds challenge starting funds optional $10,000, $20,000, $50,000, $100,000, $200,000, different starting funds require different registration fees.
• 2.Pay the challenge registration fee: The simulated fund challenge registration fee can be paid by transfer, credit card or USDT.
• 3.For the first challenge, you need to install the challenge trading software and log in with your M.T.I Prop account. Click the navigation in the upper right corner and select Download and instructionsDownload the trading software required for the challenge.
  

· Free trial

• Each investor who registers a challenge account will have three free trials to simulate the real challenge environment and help you be fully prepared before facing the real capital challenge.

· Challenge Support Services