FAQ
General
- Am I allowed to have multiple accounts?
- Do I have to use one of your accounts for the Assessment or can I use my own?
- How does Tradfex work?
- In which countries is the Tradfex Challenge available?
- Is Tradfex a broker?
- Is Tradfex a trustworthy company?
- What is the difference between a Hard Breach and Soft Breach rule?
- What is the requirement to participate in the Tradfex Challenge?
- Who is eligible to use Tradfex's services?
- Why I need to pay a fee?
Withdrawal
- Am I required to pay taxes on my gains?
- Are there any fees associated with withdrawals in Tradfex?
- How does the bi-weekly withdrawal process work in Tradfex?
- Is the Evaluation fee refundable?
- What is the minimum withdrawal amount in Tradfex?
- What methods can I use to withdraw my split gains?
- What payment methods are available for withdrawals in Tradfex?
Rules
- Are EAs Allowed?
- Do you allow High Frecuency Trading (HFT)?
- Is Copy Trading Permitted?
- Is Merging account permitted?
- What are the minimum days I need to trade to pass to another phase?
- What are the profit targets and breach limits for Phase 1 and Phase 2?
- What is the policy on Prohibited Trading Activity?
- What's the Daily Draw Down and how it works?
Education
- Can I access educational resources before starting the evaluation process?
- Can I interact with other traders and participate in trading communities within Tradfex?
- Can I scale my account?
- Do I need to purchase an Evaluation to access the educational content ?
- How can I track my progress and evaluate my performance during the evaluation process?
- I have successfully passed my Tradfex challenge, now what?
- Is there an ongoing educational support available after completing the evaluation process?
What methods can I use to withdraw my split gains?
Your gain split can be transferred to you via standard bank wire, Skrill, or through various cryptocurrency options. Notably, no commission fees are imposed on these withdrawal transactions.