{"id":1760,"date":"2026-09-11T20:01:30","date_gmt":"2026-09-11T16:31:30","guid":{"rendered":"https:\/\/fundex24.com\/blog\/?p=1760"},"modified":"2026-09-11T20:01:32","modified_gmt":"2026-09-11T16:31:32","slug":"what-to-check-before-buying-a-prop-firm-challenge","status":"publish","type":"post","link":"https:\/\/fundex24.com\/blog\/en\/what-to-check-before-buying-a-prop-firm-challenge\/","title":{"rendered":"What Should You Check Before Buying a Prop Firm Challenge?"},"content":{"rendered":"<article class=\"fx-blog-article fx-article-en\" lang=\"en\" dir=\"ltr\">\n<header>\n<p class=\"article-kicker\">Checklist<\/p>\n<p class=\"article-intro\">Before buying a prop firm challenge, the most useful page to read is not the pricing table but the rules. The fee is small next to the account size, and it is often non-refundable (at Fundex24 it is a one-time, non-refundable payment), so the time to find a rule that doesn&#8217;t suit you is before you pay, not after your first breach. This checklist covers the six areas worth checking at any firm and gives Fundex24&#8217;s answer for each.<\/p>\n<\/header>\n<section id=\"checklist\">\n<h2>What should you check before buying a prop firm challenge?<\/h2>\n<p>Most firms sell roughly the same idea: pass an evaluation, then trade an account and share the profit. The differences sit in the details, and one detail that doesn&#8217;t fit your trading can cost you the fee and a few weeks. Read the rules page and the FAQ with six questions in mind:<\/p>\n<ul>\n<li><strong>Evaluation.<\/strong> How many stages, what targets, how many trading days, and is there a deadline?<\/li>\n<li><strong>Drawdown.<\/strong> What is the daily limit measured from, and is the maximum limit static or trailing?<\/li>\n<li><strong>Trading rules.<\/strong> Margin mode, hedging, news, holding rules, bots and copying.<\/li>\n<li><strong>Funded rules.<\/strong> Which limits continue, which rules are added, and what closes an account.<\/li>\n<li><strong>Payouts.<\/strong> The schedule, the first-payout conditions, the split and the payment method.<\/li>\n<li><strong>Fees and KYC.<\/strong> Refunds, payment options and when identity verification happens.<\/li>\n<\/ul>\n<figure><img decoding=\"async\" src=\"https:\/\/fundex24.com\/blog\/wp-content\/uploads\/2026\/09\/fundex24-i18n\/what-to-check-before-buying-a-prop-firm-challenge-checks.jpg\" alt=\"Six things to check before buying a prop firm challenge: evaluation, drawdown, trading rules, funded account rules, payouts, and fees with verification\" width=\"1600\" height=\"900\" loading=\"lazy\" \/><figcaption>Six areas to read on the rules page before you pay.<\/figcaption><\/figure>\n<p>If a firm doesn&#8217;t publish these answers before purchase, treat that as an answer in itself. One precise question to support is also a cheap test: how quickly and how exactly the firm replies tells you how a payout question will be handled later.<\/p>\n<\/section>\n<section id=\"evaluation\">\n<h2>The evaluation: stages, targets, days and deadlines<\/h2>\n<p>Start with the structure. How many stages are there, what is the profit target in each, is there a minimum number of trading days, and is there a deadline? A deadline changes how you trade, because the pressure to reach a target by a date is behind many forced trades. The trade-offs between one and two stages are covered in <a href=\"https:\/\/fundex24.com\/blog\/en\/1-step-vs-2-step-prop-firm-challenge\/\">1-step vs 2-step challenges<\/a>.<\/p>\n<p>Also check what counts as a trading day. Some firms count any day with a trade; others need a minimum result. At Fundex24 the challenge has two stages, a 10% target and then 8%, each with at least 5 trading days and no deadline. A trading day means opening and closing a position with a profit or loss of at least 0.25% of the initial balance.<\/p>\n<p>One more rule decides how profit counts. If one position earns 60% or more of the current stage profit target, that profit remains in your account but is excluded from challenge progress. A plan that depends on one big winner does not fit that rule, so it is worth knowing before you choose a strategy, not after.<\/p>\n<\/section>\n<section id=\"drawdown\">\n<h2>Drawdown and trading rules<\/h2>\n<p>Drawdown rules differ in three ways, and each matters more than the headline percentage. What is the daily limit measured from: the day&#8217;s starting balance, or the day&#8217;s highest equity? Is the maximum drawdown static, fixed to the initial balance, or trailing, rising behind your best result? And is it checked against the closed balance only, or against equity including open positions? At Fundex24 the daily limit is 5% of the day&#8217;s starting balance, the maximum drawdown is 10% of the initial balance and fixed, and both balance and equity are monitored.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/fundex24.com\/blog\/wp-content\/uploads\/2026\/09\/fundex24-i18n\/what-to-check-before-buying-a-prop-firm-challenge-glance.jpg\" alt=\"Fundex24 at a glance on the $10,000 plan: $89 one-time fee, 10% then 8% targets, 5 trading days per stage, 5% daily and 10% maximum drawdown, no deadline, 80% profit split to start\" width=\"1600\" height=\"900\" loading=\"lazy\" \/><figcaption>The answers to the checklist on one plan.<\/figcaption><\/figure>\n<p>Then read the trading restrictions. Fundex24 uses isolated margin only; hedging needs at least 15 minutes between opposite positions on the same pair; news trading is allowed; and the prohibited behaviours, including repetitive algorithmic patterns and identical trades across challenges, are listed on the rules page. If you trade around data releases, read <a href=\"https:\/\/fundex24.com\/blog\/en\/can-you-trade-news-on-a-funded-account\/\">trading news on a funded account<\/a>; if you use any automation, read <a href=\"https:\/\/fundex24.com\/blog\/en\/eas-and-trading-bots-on-funded-accounts\/\">EAs and trading bots on funded accounts<\/a>.<\/p>\n<\/section>\n<section id=\"funded\">\n<h2>The funded account and payouts<\/h2>\n<p>Many traders read the evaluation rules and skip the funded ones, which is exactly where rules tend to change. Check which limits continue, whether new rules start, and what can close the account. At Fundex24 the drawdown limits continue on the funded account and one rule is added: the combined open risk of all positions must stay within 3% of the day&#8217;s starting balance, or that day&#8217;s profit isn&#8217;t counted. An account with no trade for 30 days is deactivated.<\/p>\n<p>For payouts, check the schedule, the conditions for the first payout, the profit split and the payment method. At Fundex24 withdrawals happen on the 12th and the 28th, one per period. The first needs at least 30 days since your first funded trade and at least 5 trading days; you close all positions before requesting, and payment goes to a BEP20 wallet within 24 hours. Profit you leave in the account can stay there for up to 365 days. The split starts at 80% and rises to 95% after 5 successful withdrawals and total profit of 60% of the plan size. The full process is in <a href=\"https:\/\/fundex24.com\/blog\/en\/how-do-prop-firm-payouts-work\/\">how prop firm payouts work<\/a>.<\/p>\n<\/section>\n<section id=\"fees\">\n<h2>Fees, payment and verification<\/h2>\n<p>Last come the money and the paperwork. Is the fee one-time or recurring, and can it be refunded? How can you pay? When does identity verification happen, and which documents are accepted? A verification step you can&#8217;t complete after passing would cost you the account you earned. The fee side is covered in <a href=\"https:\/\/fundex24.com\/blog\/en\/how-much-does-a-prop-firm-challenge-cost\/\">how much a prop firm challenge costs<\/a>.<\/p>\n<p>Fundex24 plans are $3,000 for $29, $6,000 for $59 and $10,000 for $89, paid once in USDT on BEP20, TRC20 or ERC20, and the fee is non-refundable. No KYC is needed to start. After passing, you open a ticket within 10 days and complete KYC with a passport, national ID or birth certificate plus a face photo; there is no fee for this, and the funded account is active within 24 hours.<\/p>\n<p>Before paying, try the free practice account ($10,000 virtual, currently 3 days, up to 1:10, three resets) to see the terminal and the limits in action. The complete conditions are on the <a href=\"https:\/\/fundex24.com\/en\/rules\">rules page<\/a>, the plans are on the <a href=\"https:\/\/fundex24.com\/en\/challenges\">challenges page<\/a>, and anything unclear can go to <a href=\"https:\/\/fundex24.com\/en\/help-desk?chat=open&amp;topic=challenge\">the challenge support team<\/a> before you buy.<\/p>\n<\/section>\n<section id=\"faq\">\n<h2>Frequently asked questions<\/h2>\n<h3>Is the Fundex24 challenge fee refundable?<\/h3>\n<p>No. The fee is a one-time, non-refundable payment, which is why it is worth reading the rules before you buy.<\/p>\n<h3>Does the Fundex24 challenge have a deadline?<\/h3>\n<p>No. Each stage needs at least 5 trading days, but there is no time limit for reaching the target.<\/p>\n<h3>Is the maximum drawdown static or trailing at Fundex24?<\/h3>\n<p>Static. It is 10% of the initial balance and does not move with your best result. The daily limit is 5% of the day&#8217;s starting balance.<\/p>\n<h3>Do I need KYC before buying a challenge?<\/h3>\n<p>No. KYC happens after you pass, when you open a ticket to receive the funded account.<\/p>\n<h3>When can I request my first payout?<\/h3>\n<p>At least 30 days after your first funded trade and after at least 5 trading days, on the 12th or 28th of the month, with all positions closed.<\/p>\n<\/section>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>The fee is small and often non-refundable, so the time to find a rule that doesn&#8217;t suit you is before you pay. Six areas to check, with Fundex24&#8217;s answers.<\/p>\n","protected":false},"author":1,"featured_media":1761,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_fx_translation_group":"pf-t15-before-buying","footnotes":""},"categories":[4],"tags":[],"class_list":["post-1760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-challenge-rules"],"_links":{"self":[{"href":"https:\/\/fundex24.com\/blog\/wp-json\/wp\/v2\/posts\/1760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fundex24.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundex24.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundex24.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fundex24.com\/blog\/wp-json\/wp\/v2\/comments?post=1760"}],"version-history":[{"count":1,"href":"https:\/\/fundex24.com\/blog\/wp-json\/wp\/v2\/posts\/1760\/revisions"}],"predecessor-version":[{"id":1764,"href":"https:\/\/fundex24.com\/blog\/wp-json\/wp\/v2\/posts\/1760\/revisions\/1764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fundex24.com\/blog\/wp-json\/wp\/v2\/media\/1761"}],"wp:attachment":[{"href":"https:\/\/fundex24.com\/blog\/wp-json\/wp\/v2\/media?parent=1760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundex24.com\/blog\/wp-json\/wp\/v2\/categories?post=1760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundex24.com\/blog\/wp-json\/wp\/v2\/tags?post=1760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}