How to Successfully Pass the Cointracts Prop Trading Challenge

At Cointracts, our mission is simple fund real traders with real potential. But before you can access our funded accounts, you’ll need to prove your consistency, discipline, and risk management through our Challenge Stage. Understanding how to pass the Cointracts prop trading challenge is key to unlocking those opportunities.

In this blog post, we’ll walk you through the 4 key success criteria you need to meet in order to complete the challenge and step into the Trader Stage. Knowing how these criteria align with the Cointracts prop trading challenge will guide you through.

1. Complete a Minimum of 5 Trading Days

We want to see that you’re not just lucky you’re consistent. This is crucial in understanding how to pass the Cointracts prop trading challenge.

To fulfill this requirement, you need to trade on at least 5 separate days during the challenge.

What counts as a trading day?
A trading day is any calendar day where you open at least one trade, regardless of whether it’s profitable or not.

Example:
If you open 1 trade on July 1st and another on July 2nd, you’ve already completed 2 trading days. Do this for 5 days, and you’ve met the requirement.

2. Respect the Maximum Daily Loss Limit

This rule tests how well you can manage risk a key trait of successful traders participating in the Cointracts prop trading challenge.

How It’s Calculated:

Max Daily Loss = Realized Loss (Closed Trades) + Floating Loss (Open Trades)

Let’s say you’re using a $100,000 USDT account with a 5% daily loss cap, meaning your total daily drawdown must not exceed 5,000 USDT.

Examples:

• If you lose 4,000 USDT from closed trades, you’re only allowed 1,000 USDT more in floating losses.
• If you made 2,500 USDT profit that day, your max floating loss can temporarily reach -7,500 USDT without breaking the rule.

Important Notes:

• The daily limit resets at 00:00 (UTC+8).
• If your floating loss at any moment exceeds the max daily limit even briefly, your challenge account is automatically failed. Hence, learning how to pass Cointracts’ prop trading challenge with proper risk management is essential.
  

3. Stay Within the Maximum Total Loss Limit

While daily loss focuses on each trading day, understanding how to pass the Cointracts prop trading challenge involves managing the maximum overall loss over the entire challenge period.

Formula:

Max Overall Loss = Realized Loss + Floating Loss

For a $100,000 account, your total drawdown (closed + open losses) must never exceed 10,000 USDT at any point.

Why it matters:
Even if you’re doing well most days, a massive overnight loss or poor risk management could breach this limit and cause an instant failure.

4. Hit the Profit Target with Closed Trades

To pass the challenge, learning how to hit the realized profits target is crucial no exceptions.

• For a $100,000 account, your profit target is 8,000 USDT (8%).
• Only closed positions count toward this goal while floating profits do not qualify.

Important:
Before completing the challenge, make sure all your trades are closed. Unclosed profits at the end of the challenge won’t be included in your evaluation, ensuring you know how to pass the Cointracts prop trading challenge with precision.

💡 Profit rollover is only available in the Trader Stage not during the Challenge.

Here’s a quick recap of what you need to successfully complete the Cointracts Challenge:

Once you meet all these conditions, you’ll graduate to the Trader Stage, where you can start earning real payouts and even get your challenge fee refunded on your first withdrawal. Apply what you’ve learned on how to pass the Cointracts prop trading challenge effectively today!

Ready to take on the challenge?
Start your journey with Cointracts →