Funded Trading Challenge

To become funded by the FTC Program, you need to follow these steps:

1. Sign up and create your CIEx Wallet.
2. Start your evaluation by passing the trading quiz.
3. Upon successfully completing the trading test, you will receive your funded FTC account credentials.
4. Log in and start trading immediately with an initial fund of 100 USDT.
5. Progress through the program by consistently showcasing profitable trading strategies to unlock new levels with enhanced funding opportunities.

The FTC Program offers various account sizes, ranging from the Starter level with 100 USDT to the Expert level with up to 5,000,000.00 USDT. Traders can progress through different stages by meeting profit targets and demonstrating successful trading strategies.

Each trader is eligible for one FTC account with CIEx. However, as you progress through the program and reach higher levels, your account size and funding opportunities will increase.

Drawdown refers to the peak-to-trough decline in a trader's account value over a certain period, rather than just a single day. To calculate drawdown, follow these steps:

1. Identify the highest peak in the trader's equity curve.
2. Identify the lowest trough following the highest peak.
3. Calculate the percentage decline from the peak to the trough using the formula: $$\left(\frac{\mathrm{Peak}-\mathrm{Trough}}{\mathrm{Peak}}\right)\times \mathrm{100\%}$$

This percentage represents the maximum loss experienced by the trader from the highest point of equity to the lowest point.

The Maximum Overall Drawdown Limit refers to the maximum allowable loss that a trader can incur before their account is deactivated or scaled down. The specific limit may vary depending on the trader's account size and the terms of the FTC Program.

To complete the KYC (Know Your Customer) verification process, traders need to provide valid identification documents such as a passport, driver's license, or national ID card. CIEx will review the submitted documents to verify the trader's identity and ensure compliance with regulatory.
For a detailed step-by-step guide on completing the KYC verification process, please refer to the article provided by CIEx on their platform. This guide will walk you through each stage of the process and ensure a smooth verification experience.

Yes, if you exceed the target profit amount, you are entitled to a profit share based on the terms and conditions of the FTC Program. Traders can earn up to 25% of their profits, and achieving higher profit targets may unlock additional rewards and funding opportunities.