The Funded Trader has announced important updates to its Knight and Knight Pro challenges, set to go live this Monday for all new purchases.
The Funded Trader has announced important updates to its Knight and Knight Pro challenges, set to go live this Monday for all new purchases.
The Funded Trader has announced important updates to its Knight and Knight Pro challenges, set to go live Monday for all new purchases. These adjustments come after weeks of gathering feedback from the community through Discord and other platforms. The firm highlighted that thousands of traders participated in voting, helping shape the changes to better reflect what active participants truly want from a prop trading challenge.
The updated Knight Pro Challenge has emerged as a favorite among the community. It now offers a 95% profit share, a strong incentive for high-performing traders. The challenge structure has been simplified, requiring only three trading days with a 1% target per day. The daily drawdown remains at 3%, but it is now classified as a “soft” drawdown, allowing more breathing room during volatile market conditions. Additionally, the challenge phase no longer includes a consistency rule, which many traders found restrictive in the past. However, once funded, traders will be required to maintain 50% consistency in their performance.
The standard Knight Challenge has also been enhanced, now offering an even higher profit share of 98%. This structure demands five trading days at 1% per day during the challenge phase. Like the Knight Pro, it features a 3% soft daily drawdown. Unlike the Pro version, both the challenge and funded phases will include a 50% consistency rule, promoting disciplined and stable trading behavior.
These improvements are a direct reflection of The Funded Trader’s commitment to adapting its programs in response to user needs. By making the challenges more accessible and trader-friendly, the firm aims to provide a more supportive and rewarding experience. The upcoming changes are expected to attract new participants while reinforcing the firm’s reputation as a community-focused prop firm.
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