20% OFF Start Challenge Code:
FAQ
Frequently Asked
Questions
What is Cointracts?
Cointracts is a crypto proprietary trading firm that gives skilled traders the chance to trade with simulated capital. Traders participate in a simple two-phase challenge to prove their strategy and discipline. Once they pass, they receive a Funded Account and can earn a share of the profits — with no hidden fees and fast payouts.
What makes Cointracts different?
Cointracts require No KYC and offers payout every 24 hours unlimited.
Who can participate and purchase a challenge?
Cointracts welcomes traders aged 18 or above from around the world, provided participation and purchase are lawful under the laws of your country or region. We may restrict or refuse service in jurisdictions where applicable law prohibits participation, and certain territories are restricted — see the restricted jurisdictions list in our footer.
What is maximum total drawdown?
The maximum total drawdown is 10% for 2-Step Challenges in Phase 1 and Phase 2, and 8% at the Funded stage. For 1-Step Challenges, the maximum total drawdown is 6%, applying to both the evaluation phase and the Funded stage.
What happen if my losses exceed either of the drawdowns?
If your losses exceed the drawdown limits, the account will be breached and you will fail the challenge.
What is the daily drawdowns limit in Cointracts?
The maximum daily drawdown is 5% for 2-Step Challenges (Phase 1, Phase 2, and Funded stage). For 1-Step Challenges, the maximum daily drawdown is 4%, applying to both the evaluation phase and the Funded stage.
What is the difference between daily drawdown and total drawdown?
The daily drawdown limit is calculated on a daily basis and must not exceed the daily maximum in a single trading day (5% for 2-Step, 4% for 1-Step). The total drawdown limit is the maximum overall loss allowed on the account and must not exceed the applicable total limit: 10% in Phase 1 and Phase 2 for 2-Step, 8% at the 2-Step Funded stage, and 6% for 1-Step (evaluation and Funded).
How do I manage drawdowns?
As part of good risk management, keep your daily risk below the applicable daily drawdown limit (5% for 2-Step, 4% for 1-Step) and manage your trades carefully to stay within the applicable maximum total drawdown (10% in 2-Step phases, 8% at 2-Step Funded, and 6% for 1-Step).
What happens if I accidentally breach the drawdown?
You’ll lose the challenge if you breach the drawdown limit. For further inquiry feel free to reach out to our support team.
Can I withdraw my evaluation profits?
No, evaluation profits cannot be withdrawn.
How can I withdraw my live profits?
You can withdraw your live profits directly by placing a withdrawal request from your dashboard.
How long do withdrawals take?
Withdrawals are typically processed within three (3) business days, and in any event no later than seven (7) business days, after your request is submitted.
How do I withdraw my profits from a funded account?
You can choose a Profit Split Day and request to withdraw your eligible profit on that day. Eligible profit remains subject to the 50% Profit Day Ratio and 70% Total Margin Cap checks; per our Terms.
What are the supported payout / withdrawal methods?
Cointracts currently processes payouts in USDT on the Tron (TRC-20) blockchain network. Make sure your receiving wallet supports TRC-20 before requesting a withdrawal.
What is your profit split?
Under the standard profit split, you keep 80% of the eligible profits from your Funded Account. Selected promotional offers may increase your share to up to 100%.
What is the minimum withdrawal amount?
Minimum withdrawal amount is $100.
How soon can I request my first payout?
You can request your first payout once your Funded Account is active and the payout requirements are met — your eligible profit reaches at least the $100 minimum, all open positions are closed, and your Profit Day Ratio is below 50%. After your first payout, you may submit a new request once every 24 hours, with no fixed limit on the number of payouts.
Can I request payouts multiple times in a month?
Yes, you can request Payout every 24 hours and it’s unlimited.
Do you close all open trades before payout?
Yes, all open trades must be closed before a withdrawal request.
Are there any monthly fees?
No, we do not charge any monthly fees. Our challenges require a one-time fee only.
What are the Restricted Territory areas?
We are unable to offer services in certain jurisdictions. Our restricted territories include locations subject to FATF, European Union, and United Nations restrictions, and any jurisdiction where we cannot legally operate. The current list is maintained in the footer and may be updated from time to time.
What are the payment options for purchasing challenges?
Currently, we accept payments via Crypto and INR payments in UPI.
I bought the wrong challenge, can I get a swap or refund?
No, we do not offer refunds or swaps once a challenge is purchased.
Is the challenge fee refundable?
Challenge fees are non-refundable once purchased. A refund may be considered only in cases of duplicate charges or verified technical non-delivery. Where a specific challenge level provides for a refund upon completion of the challenge, the applicable terms are set out in Section 10 (Fees, Payment and Refunds) of the Terms of Use.
Can I use EA, Algo's or Copy Trading?
Yes — EA, algorithmic, and copy trading are allowed. You are responsible for all activity generated by these tools, must comply with our standard risk limits, and hedging remains prohibited.
What is the IP address policy for trading accounts?
We do not have any IP address restrictions for trading accounts.
Trading Rules
Q: Does Cointracts have trading rules?
A: Yes. Cointracts has two consistency rules in place to ensure fair and disciplined trading:
Rule 1 — 50% Profit Day Ratio
Rule 2 — 70% Total Margin Cap
Q: What is the 50% Profit Day Ratio rule?
A: To qualify for a payout from a Funded Account, your single best day’s profit must be strictly below 50% of your total profit from all positive trading days combined.
Formula: Best Single Day Profit ÷ Total of All Positive Day Profits = Ratio. This ratio must be under 50% (i.e., less than 50%) for your payout to be approved.
Example: Day 1: +$5,000, Day 2: -$3,000, Day 3: +$1,000, Day 4: +$5,000. Total of all positive days = $5,000 + $1,000 + $5,000 = $11,000. Ratio = $5,000 ÷ $11,000 = 45.5%. Since the ratio is less than 50%, the payout will be processed.
Note: This consistency rule applies to Funded Accounts only. It does not apply during the Challenge (evaluation) stages.
Q: What happens if my ratio is 50% or higher?
A: Your payout request will be rejected or refunded if your Profit Day Ratio is 50% or above. To qualify, continue trading on additional days until your total positive day profits grow enough to bring the ratio below 50%.
Q: How can I improve my ratio to qualify for payout?
A: The ratio improves as you add more profitable trading days. Since the formula only counts positive days in the total, any additional profitable day directly lowers your ratio. Loss days do not count toward the total but also do not increase your best day figure, so consistent smaller profits across multiple days is the most effective way to bring your ratio below 50%.
Q: What is the 70% Total Margin Cap?
A: The combined margin of all your open positions must stay strictly below 70% of your account balance at any single moment. Usage that reaches or exceeds 70% is a breach and triggers the penalty schedule below. On a $100,000 account, this means keeping total open margin under $70,000 at all times. This rule applies to both the Challenge (evaluation) and Funded stages.
Q: What are the penalties for exceeding the margin cap?
A: Penalties apply when combined open-margin usage reaches or exceeds 70% of your account balance, measured at peak exposure:
70–79% used → 50% payout penalty
80–89% used → 60% payout penalty
90–95% used → 65% payout penalty
96–100% used → 70% payout penalty
Q: What if I violate more than one rule in the same payout period?
A: Your payout will be held for a full manual review. The combined penalty can be up to 100% of your entitled payout depending on the outcome of the review.
Q: What happens if I repeatedly violate the rules?
A: If the same violation occurs across 3 or more consecutive payout periods, your account will be escalated for review.
Q: Do these rules apply to both the Challenge and Funded stages?
A: The 70% Total Margin Cap applies to both the Challenge (evaluation) and Funded stages. The 50% Profit Day Ratio rule applies to Funded Accounts only — it is reviewed when you request your first payout. The Challenge stage is not subject to the 50% payout condition.
What is the profit distribution rule?
Under the standard profit split, you keep 80% of the eligible profits from your Funded Account. Selected promotional offers may increase your share to up to 100%.
Do you allow trading over the weekend?
Yes, weekend trading is permitted
Can I merge my accounts with you?
No, account merging is not allowed.
Do you allow holding trades overnight and over the weekend?
Yes, overnight and weekend positions are fully allowed since you will be trading with the crypto market..
Do you allow hedging？
Hedging is not permitted within the same account, across multiple accounts, or through coordinated trading with other accounts.
Will floating PNL affect my daily drawdown levels?
Yes it will. In case you have purchased a $2000 account and in your current trade you are reaching a daily loss of 5%, then it will cause your account to be terminated as a result. immediately
What is the profit target for each phase?
For 2-Step Challenge Phase 1: 8%. Phase 2: 5% (under the same risk rules.)
For 1-Step Challenge Phase 1: 10%
Is there a minimum number of trading days required?
To successfully pass each evaluation stage, you are required to trade for a minimum of 3 separate days for 2-steps Challenges. For 1-step Challenges there’s no minimum trading days required.
Is there a time limit, or a minimum/maximum number of trading days, to complete the challenge?
There is no maximum time limit to complete the challenge — you may trade at your own pace. The only trading-day requirement is the minimum number of trading days specified for your selected challenge: 2-Step Challenges require 3 separate trading days, while 1-Step Challenges have no such requirement.
If achieved the target in 1 day, do i still have to trade for other days?
To successfully pass each evaluation stage, you are required to trade for a minimum of 3 separate days for 2-step Challenges.
1-step Challenges doesn’t require a minimum trading day.
What is the Risk Management Standards rule for Cointracts?
Cointracts expects all traders to apply disciplined and consistent risk management at all times. Trading behaviour that demonstrates repeated uncontrolled exposure, absence of reasonable risk protection, or excessive account volatility caused by aggressive positioning may be classified as excessive risk-taking during payout review. Traders are expected to apply appropriate risk controls including predefined exit planning and reasonable protective measures where applicable.
What counts as Hedging or Market Manipulation?
Hedging and any form of market manipulation is not permitted on the platform. This includes opening opposite positions on the same asset, coordinating trades across multiple accounts, exploiting pricing or execution inefficiencies, and abusing platform systems or trading mechanics.
Can I operate more than one account?
Each trader is permitted only one registered user identity (one login/profile). Operating multiple identities to bypass rules or manipulate payouts is prohibited. Within your single profile you may hold multiple Challenge accounts, and at the Funded stage one Funded Account per account type may be active at a time.
Empowering Traders in
195+ Countries
Our Community
Do not skip any beat.
The Ultimate Trading Community. Join our Discord server to get the latest updates, news and more.
Customer Support
24/7 Customer Support
We provide customer support around the
clock 24/7 in multiple languages for our
traders around the world.
Newsletter
Join our Newsletter
Stay updated with our newsletter!
