Definition
A program that assesses compliance with trading rules as a condition for progressing to a subsequent stage, sometimes conducted entirely or partly through simulated trading.
What you need to know
In the FTMO CFD Challenge, the payment is described as a fee for the evaluation service and simulated environment; Topstep Express may charge an activation fee depending on the path. This does not establish a uniform classification of participation fees across all programs. The Topstep Express account-size label denotes buying power, not a cash balance. Check the type of each stage, its operator, loss rules and payout terms. Passing a test does not guarantee a future reward.
This information is for learning and comparison, not investment advice. Verify product details and eligibility conditions against the current source.
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