fbpx
ultimate traders
ultimate traders

Clásico

The traditional prop trading evaluation model – show consistent profits and disciplined risk management on your way to a funded live account.

Introduction to the Classic Challenge

The Classic Challenge is a two-step evaluation. During the Ultimate Traders Challenge phase (first step) the trader must reach a specific profit target, over a minimum of three trading days, without getting drawn down below the maximum daily and all-time limit. During the Verification phase (second step) the trader must partially replicate the success of the first phase, by reaching at least half the profit under the same constraints. In other words, you ‘verify’ that your trading success was legitimate.

Únete al desafío

Classic Challenge Evaluation Process

The Classic Challenge is the stepping stone between you and a funded live account. After successful completion of the evaluation process, you will be awarded an Ultimate Traders account, funded with the same size capital.

FASE 1

Desafío

Este es el primer paso del Proceso de Evaluación. Supera el reto para pasar a la fase de Verificación.

FASE 2

Verificación

Esta es la segunda y última etapa para unirse a nuestro talentoso equipo de comerciantes. Una vez verificados sus resultados, podrá empezar a operar con Ultimate Traders.

3

Empieza a ganar

Trader definitivo

Well done! You’re an Ultimate Trader.

Trade with our capital, generate profits and keep up to 90%.

If you’re consistent, we will increase your balance based on our scaling plan.

EMPRIEZA A GANAR

Choose the Best Funding Model

The 2-phase Classic Challenge is not the only route to a funded account. We also provide traders the option of a 1-phase evaluation known as the Speedy Challenge. The rules contain many overlaps but also some differences. We leave it to you to determine which best suits your trading profile.

*Todos los precios mostrados no incluyen IVA. El IVA se agregará al finalizar la compra solo para clientes de la UE y el Reino Unido.

Si es beneficioso para su estilo de negociación, puede optar por incluir nuestro paquete de complementos comerciales en la etapa de compra de su desafío. Cada complemento también está disponible individualmente:

  • Sin Stop-Loss – Eliminación del requisito obligatorio de stop-loss 
  • Participaciones de fin de semana - Posibilidad de mantener operaciones durante el fin de semana (esto no afectará al apalancamiento).
  • División 90/10 - Aumento a 90/10 del reparto de beneficios durante toda la etapa de la cuenta financiada.
Únete al desafío

Classic Challenge Trading Rules

In phase-1, you aim for a 10% profit target whilst respecting the stated loss limit. In phase-2, you repeat the process but aim for 5%. These same reglas de trading will also apply to the Ultimate Traders live account, with the exception of the profit target and minimum trading days, which will no longer apply.

Minimum 3
Trading Days

At least one position must be opened on at least 3 separate days to qualify. This applies to both the Challenge (first) phase and the Verification (second) phase. This is no longer required once progressing to the funded Ultimate Trader account.

6% Max Daily Drawdown

Every 24-hour period your equity (balance + floating P&L) will be ‘recorded’ and your loss during the next 24-hour period should not exceed 6% of this recorded value.

12% Max
All-Time Loss

The max loss limit is calculated just once, based on your account size, and trails up until it equals the initial account balance, after which it remains permanently fixed there.

10% / 5% 
Profit Target

A 10% profit target must be achieved during the first step. If you register for a $100,000 size account, as a first step, you aim to trade this into a $110,000+ account. This profit target halves to just 5% for the second step. There is no fixed time limit in which you must achieve this.

Max Lots At Risk

Traders are allowed to have a maximum number of open lots equal to 1/10,000 the size of the account at risk. For $100K that means 10 lots. Positions in profit are not considered at risk and those lots are returned to the initial allocation.

Weekend Trading and Stop-Loss

All trades are required to open with a stop-loss in place and close before the weekend. By default, we will close any positions failing to do so. However, traders who wish to trade without these restrictions may do so for a 10% premium on their selected plan.
Diapositiva anterior
Diapositiva siguiente

Un Mínimo de 3 Días de Trading

At least one position must be opened on at least 3 separate days to qualify. This applies to both the Challenge (first) phase and the Verification (second) phase. This is no longer required once progressing to the funded Ultimate Trader account.

6% Max Daily Drawdown

Every 24-hour period your equity (balance + floating P&L) will be ‘recorded’ and your loss during the next 24-hour period should not exceed 6% of this recorded value.

12% Max 
All-Time Loss

The max loss limit is calculated just once, based on your account size, and trails up until it equals the initial account balance, after which it remains permanently fixed there.

10% / 5% 
Profit Target

A 10% profit target must be achieved during the first step. If you register for a $100,000 size account, as a first step, you aim to trade this into a $110,000+ account. This profit target halves to just 5% for the second step. There is no fixed time limit in which you must achieve this.

10% / 5% 
Profit Target

A 10% profit target must be achieved during the first step. If you register for a $100,000 size account, as a first step, you aim to trade this into a $110,000+ account. This profit target halves to just 5% for the second step. There is no fixed time limit in which you must achieve this.

Max Lots At Risk

Traders are allowed to have a maximum number of open lots equal to 1/10,000 the size of the account at risk. For $100K that means 10 lots. Positions in profit are not considered at risk and those lots are returned to the initial allocation.

Weekend Trading and Stop-Loss

All trades are required to open with a stop-loss in place and close before the weekend. By default, we will close any positions failing to do so. However, traders who wish to trade without these restrictions may do so for a 10% premium on their selected plan.
Únete al desafío

Benefits of Classic Challenge

The Classic Challenge is named so because it has the most common structure of prop trading evaluation models. Its achievable targets and reasonable registration fee make it the choice forex funding challenge.

No fixed period to reach profit target

In both the Challenge step and Verification step, we encourage you to profit only on the days you believe the markets best permit, without time pressure.

Realistic daily and max drawdown

Whilst some firms only allow for 5/10% on their 2-phase evaluation, the permitted daily and max drawdown of Ultimate Traders is 6/12%.

Value for Registration Fee

The registration fee is a fractional portion of the account balance and is not bettered by any other prop trading firm. Moreover, the fee is refunded upon the first withdrawal from the live trading account.

Value for Registration Fee

The registration fee is a fractional portion of the account balance and is not bettered by any other prop trading firm. Moreover, the fee refunded upon the first withdrawal from the live account.

Trade the news

Trading economic announcements is a key part of fundamental analysis and is allowed as part of your prop trading strategy.

Scalping and Hedging permitted

These techniques are essential to day trading and may also be used as part of a prop trading strategy.

EAs permitted

When used correctly, EAs can be useful tools. Provided they aren’t used in an abusive manner, they are allowed for prop trading.

Scalping and Hedging permitted

These techniques are essential to day trading and may also be used as part of a prop trading strategy.

EAs permitted

When used correctly, EAs can be useful tools. Provided they aren’t used in an abusive manner, they are allowed for prop trading.


No fixed period to reach profit target

In both the Challenge step and Verification step, we encourage you to profit only on the days you believe the markets best permit, without time pressure.


Realistic daily and max drawdown

Whilst some firms only allow for 5/10% on their 2-phase evaluation, the permitted daily and max drawdown of Ultimate Traders is 6/12%.


Value for Registration Fee

The registration fee is a fractional portion of the account balance and is not bettered by any other prop trading firm. Moreover, the fee is refunded upon the first withdrawal from the live trading account.


Trade the news

Trading economic announcements is a key part of fundamental analysis and is allowed as part of your prop trading strategy.


Scalping and Hedging permitted

These techniques are essential to day trading and may also be used as part of a prop trading strategy.


EAs permitted

When used correctly, EAs can be useful tools. Provided they aren’t used in an abusive manner, they are allowed for prop trading.
Diapositiva anterior
Diapositiva siguiente
Únete al desafío

Classic Challenge FAQ

Do you have more questions regarding the Classic Challenge or Ultimate Traders in general? Then visit our sección de preguntas frecuentes sobre prop trading page where you can find information on account types we offer, account funding options, the evaluation fee, how prop trading firms split profits, maximum forex leverage, and more. Or you may find what you’re looking for below:

The Classic Challenge is one of two methods of evaluation that Ultimate Traders uses to identify traders suitable for funded accounts. It is based on the popular two-step evaluation model that proprietary trading firms rely on. The first step is for the trader to make profit worth 10% of the initial account capital. The second step is for the trader to make profit worth 5% of the initial account capital.

The Classic Challenge occurs in two phases rather than one and requires the trader to reach a set profit target in both phases. The account drawdown rules are more relaxed than the Speedy Challenge and therefore there is slightly more room for loss, but two phases mean consistency is required to qualify for the funded account.

The Classic Challenge is a reliable and cost-effective way to prove your trading abilities. The profit target and max drawdown limit are quite manageable and you can trade a wide variety of instruments (forex, crypto, indices, commodities) using the trading techniques you deem best.

Leer todas las FAQ

Lo último en financiación para operadores con talento

Facebook Telegram
Área de clientes
Funded Trading
Compañía
Contacto
Facebook Telegram

Descargo de responsabilidad: La información facilitada en este sitio web no constituye asesoramiento, recomendación o solicitud de inversión alguna. Operar en los mercados financieros conlleva un alto nivel de riesgo.

La información de este sitio no está dirigida a residentes de ningún país y no está pensada para ser distribuida o utilizada por ninguna persona en ningún país o jurisdicción donde dicha distribución o uso sea contrario a las leyes o normativas locales.

Este sitio web está gestionado por Ultimate Traders Evaluation Ltd, una empresa con sede en el Reino Unido con número de registro 14665391 y dirección 71-75 Shelton Street, Covent Garden, Londres, Reino Unido WC2H 9JQ.

2024 © Ultimate Traders. All Rights Reserved.

Please note that all accounts we provide to our clients are demo accounts with fictitious funds and any trading is in a simulated environment only.