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Challenge4Trading Review 2024

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Challenge4Trading Review 2024
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Challenge4Trading
Founded:2019
Headquarter:Paris
Min Price:$19
Max Fund:$500,000
Challenges:2
About
Challenge4Trading is a proprietary trading firm providing funded accounts with capital of up to €500K and leverage options of up to 1:100. The pricing ranges from €19 to €2,160. The 80% profit target is available after achieving a 10% profit target in the Advanced plan or 8%/5% targets in the Basic evaluation program. The maximum daily loss and total drawdown are 5% and 10%.
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Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
85% profit split
Unlimited trading period
Up to €500,000 in trading capital with 0% personal risks
Cons
Limited asset offerings
Limited choice of trading platforms (only Sirix available)
Lack of transparency in regard to the management team

Challenge4Trading offers 1-step and 2-step evaluation plans with up to €500,000 in trading capital for a minimum price of €19. The challenges come with fully refundable fees and one-on-one mentoring.

Challenge4Trading: Prop Firm Background

Challenge4Trading
Challenge4Trading; A prop firm with monthly payouts and challenge refundable fees

Operated by Adnessy SAS, C4T is registered in France under company number 880561055. The proprietary trading firm’s goal is to democratize access to large trading capital.

 Key features of Challenge4Trading:

  • funded accounts with trading capital of up to €500,000;
  • Up to 90% in profit splits;
  • Unlimited trading period to achieve profit targets;
  • Multiple challenge levels catering to different trader experiences;
  • Free trial accounts.

Challenge4Trading Table of Specifications

In C4T, you can access a trading capital of €500,000 with a generous 85% profit split in a minimum period of 1 or 2 days. Let’s take a quick look at what the prop firm has to offer.

Account currency

EUR

Minimum price

€19

Maximum leverage

1:100

Maximum profit split

90% (with add-ons)

Instruments

Forex, Commodities, Crypto, Indices

Assets

N/A

Evaluation steps

1-Step, 2-Step

Withdrawal methods

N/A

Maximum fund size

€500,000

First profit target

8%

Max. daily loss

5%

Challenge time limit

Unlimited

News trading

N/A

Maximum total drawdown

10%

Trading platforms

Sirix

Commission

N/A

TrustPilot score

3.8

Payout frequency

Bi-weekly (conditions applied)

Established country

France

Challenge4Trading Advantages and Disadvantages

The lack of transparency in regard to trading costs, including commissions and spreads, is one of the biggest letdowns of C4T. Let’s weigh the firm’s upsides against its downsides.

Pros

Cons

Up to €500,000 in trading capital with 0% personal risks

Limited choice of trading platforms (only Sirix available)

85% profit split

Lack of transparency in regard to the management team

Unlimited trading period

Limited asset offerings

Challenge4Trading Prop Firm Pricing

The firm offers two funding plans with 1-step and 2-step evaluation programs and different fee structures, catering to traders with all budget levels.

Account Balance

Basic (2-Step)

Advanced (1-Step)

€3,000

€19

-

€5,000

€49

-

€10,000

€99

-

€15,000

€150

€180

€25,000

€250

€300

€50,000

€350

€420

€100,000

€550

€660

€250,000

€1,100

€1,320

€500,000

€1,800

€2,160

Challenge4Trading Rules and Conditions

Challenge4Trading Account Rules
A look at the Challenge4Trading Basic plan’s rules

We must discuss the trading rules in this Challenge4Trading review. Here are the required trading conditions for C4T Advanced and Basic evaluation programs.

Basic (2-Step)

Conditions

Phase 1

Phase 2

Funded Phase

Duration

Unlimited

Unlimited

Unlimited

Min Trading Days

3

3

14

Profit Target

8%

5%

1%

Leverage

1:100

1:100

1:100

Max Total Loss

10%

10%

10%

Max Daily Loss

5%

5%

5%

Profit Split

-

-

80%

Advanced (1-Step)

Conditions

Phase 1

Funded Phase

Duration

Unlimited

Unlimited

Min Trading Days

3

14

Profit Target

10%

1%

Leverage

1:30

1:30

Max Total Loss

6%

6%

Max Daily Loss

3%

3%

Profit Split

-

80%

Challenge4Trading Prop Firm Promotions

Promotional programs are among the most attractive topics in this Challenge4Trading review. The firm offers a demo account and a Membership Card.

  • Demo: A free €3K trial account with an 8% profit target, a 10% total loss, and a maximum daily loss of 10%, available for 7 days;
  • Membership Card (worth €1,000): 50% off on all challenges for 6 months;
  • PROMO Codes: Seasonal discount codes (usually announced mainly on the firm’s Instagram page).

Challenge4Trading Prop Firm Financial Instruments

While C4T doesn’t clearly disclose the available trading instruments on its website, the Sirix platform is mainly designed for trading the following markets.

  • Forex;
  • Indices;
  • Commodities;
  • Cryptocurrencies.

Challenge4Trading Payment and Payout Methods

To cater to its global clientele, the firm offers flexible payment and payout options. Note that the deposits and withdrawals are subjected to commissions by the payment service provider. The minimum

Payment

Visa, MasterCard, Bank Transfer, Crypto (USDT, BTC, ETH)

Withdrawal

Bank Transfer, Crypto

While traders can request payouts on a bi-weekly basis, they must meet a profit target requirement of 1% to be eligible for profit withdrawals.

Challenge4Trading Trading Fees and Commissions

C4T doesn’t disclose the trading costs, such as commissions, spreads, and swaps, on its website, which leads us to believe that the fees are above the industry average.

Challenge4Trading Trust Score

While the firm claims that it was founded in 2019 on its LinkedIn profile, the “challenge4trading.com” domain was created just recently in 2024. The conflicting data can be a warning for potential clients.

Challenge4Trading Founded Date
The WHOIS HISTORY website indicates the Challenge4Trading domain was created on February 2024

There are not also many Challenge4Trading reviews on websites like Forex Peace Army and Reviews.io. Among the reputable sources, only TrustPilot has listed the firm. 4 users have rated C4T on TrustPilot, which scored it a great score of 3.8/5.

Challenge4Trading TrustPilot
Challenge4Trading has a claimed profile with 4 reviews on TrustPilot

Challenge4Trading Customer Support

The lack of 24/7 support is another weakness of C4T proprietary trading firm. The support is available on weekdays through various channels, including:

Email

support@challenge4trading.com

Tel

+33 1 89 71 58 87

Live Chat

Available on the official website

Ticket

Through the “Contact Form”

Challenge4Trading Prop Firm Social Media Handles

C4T maintains an active presence on social media platforms, announcing new changes and special offers.

Expert Suggestions

Challenge4Trading provides funded accounts, ranging from €3,000 to €500,000, through its Basic and Advanced evaluation programs with up to 90% profit split and bi-weekly payouts.

While the pricing is attractive (starting from €19), the lack of support for advanced platforms (only offers Sirix) and transparency in regard to commissions and spreads are the Challenge4Trading prop firm’s biggest weaknesses.

FAQs

Is Challenge4Trading legit?

The firm is registered in France with Company No. 880561055. However, the lack of user reviews and transparency regarding the management team suggests that traders should exercise caution.

What is the cheapest plan?

You can purchase a €3K Basic plan for just €19.

What is the profit share percentage?

While the initial percentage is set to 80%, traders can activate the 90% profit split by purchasing an add-on.

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