Please read this before buying any prop firm challenge, from Crypto Fund Trader or anyone else.
- You can lose the fee. A challenge is a paid test. If you break a rule, the account ends and the fee is gone.
- The accounts are simulated. Rewards are based on simulated results, and paying them depends on the firm keeping to its terms.
- Leverage cuts both ways. High leverage makes it easy to hit a daily loss limit in minutes, especially on volatile crypto pairs.
- Rules change. Firms update prices, limits and payout terms. Check the firm’s own pages on the day you buy.
- Firms can close. Prop firms are young businesses and some have stopped operating. Do not keep more money with a firm than you can afford to lose.
- Regulation varies. Most prop firms are not regulated as investment services, and some regulators have issued warnings about specific firms.
- Local law applies. Check that prop trading and the platform you pick are allowed where you live, and how rewards are taxed.
Nothing on Prop Fine Print is financial, investment or tax advice.