At Ylos Trading, the Challenge account, which is the evaluation phase for traders, has the following rules:

• Trading Days: You have a minimum of 1 day and a maximum of 30 days to complete the challenge. This means you must demonstrate your trading skills within this period.
• Number of Accounts: There is no limit to the number of Challenge accounts you can open. This gives you the flexibility to try as many times as necessary to achieve success.
• Positioning During News: It is allowed to be positioned during the release of news. This offers the opportunity to explore strategies that benefit from market fluctuations caused by economic announcements or global events.
• Daily Limit for "Average Down" Strategy: There is no specific limit for the use of medium-term or scalping strategies. This gives traders the freedom to choose their trading approaches without daily style restrictions.
• Drawdown: The drawdown in the Challenge account is adjusted at the end of the day (EOD), meaning the drawdown value is only officially recorded and adjusted at the close of the trading day. However, if at any point during the day the account balance falls below the allowed drawdown value, the account will be immediately blocked.
• Important Note: For the sake of your results and to ensure proper development as a trader, we recommend operating the Challenge account with the same seriousness and discipline you would dedicate to a Master account. Although the rules are more flexible, a professional approach to trading is essential for success in the evaluation and future with a Funded Master Account. These rules are designed to allow traders to demonstrate their skills in a realistic market environment, preparing them to advance to an account with more responsibilities and benefits.