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Challenge Account Refund

Challenge Account Refund

Last published :
June 11, 2024
When is the challenge account refund processed? And how much is it?

Refunds are processed based on the trader's request and when they make their first withdrawal. The refund amount is 125% of the total amount paid by the trader. This includes the full amount paid plus an additional 25%.

Example:

  • For a $100,000 account with a fee of $475:
    • Refund: $475 + $118.75 (25% of $475)
    • Total Refund: $593.75