Challenge Account Guide
Challenge Account
How does it work?
Challenge Account
How does it work?
Challenge Account
How does it work?
Become an MFA Trader. This guide contains all the essential information
about simulated trading with MFA
Become an MFA Trader. This guide contains all the essential information about simulated trading with MFA
Become an MFA Trader. This guide contains all the essential information about simulated trading with MFA
Choose your account type:
Challenge Account
New
1-Phase
Challenge Account
2-Phase
Challenge account 2-Phase
01
Step 1 start
In the two-phase MFA challenge, you start with the MFA Challenge. It is a test of your trading skills based on clear, structured rules. Your goal is to demonstrate a consistent and responsible approach to trading.
Profit target – Phase 1
8%
Profit target – Phase 2
5%
Daily loss limit
4%
Max. loss
10%
Choose the size of your MFA Challenge
Choose from simulated accounts worth $6,000, $18,000, $60,000, $120,000 or $240,000.
Trade and reach your profit target
Trade to reach a specific profit target, depending on the account, without exceeding, among other things, the maximum daily loss limit.
02
Step 2 verification
Keep using your simulated account
You will use the same account size as in the MFA Challenge.
Trade and reach 5% profit target
Reach a profit target of 5% while staying within the same risk limits.
Verification is the second stage. You will follow the same rules as before, but with a lower profit target. This stage is designed to check consistency.
Phase 1 · Challenge
8%
Phase 2 · Verification
5%
Same risk limits
4% / 10%
MFA Account
Your
03
Step 3 MFA account
Welcome to your MFA account for the 2-Phase MFA Challenge. After you successfully complete identity verification and agree to the MFA account agreement, you become an MFA trader.
Identity verification
MFA account agreement
MFA Trader
You
Congratulations! You are now an MFA trader
You still trade simulated capital, but now you earn a share of your simulated profits.
Show your best side in every trade
There is no profit target other than your own. Simply follow the risk limits and take your profits.
Withdraw your earned profits
Payouts must be requested using approved payment methods.
Start your 2-Phase
MFA Challenge now
Choose your account size and start the Challenge.
Explore the full range MFA 2-Phase Challenge
Choose your account type:
Challenge Account
New
1-Phase
Challenge Account
2-Phase
Challenge account 2-Phase
01
Step 1 start
In the two-phase MFA challenge, you start with the MFA Challenge. It is a test of your trading skills based on clear, structured rules. Your goal is to demonstrate a consistent and responsible approach to trading.
Profit target – Phase 1
8%
Profit target – Phase 2
5%
Daily loss limit
4%
Max. loss
10%
Choose the size of your MFA Challenge
Choose from simulated accounts worth $6,000, $18,000, $60,000, $120,000 or $240,000.
Trade and reach your profit target
Trade to reach a specific profit target, depending on the account, without exceeding, among other things, the maximum daily loss limit.
02
Step 2 verification
Keep using your simulated account
You will use the same account size as in the MFA Challenge.
Trade and reach 5% profit target
Reach a profit target of 5% while staying within the same risk limits.
Verification is the second stage. You will follow the same rules as before, but with a lower profit target. This stage is designed to check consistency.
Phase 1 · Challenge
8%
Phase 2 · Verification
5%
Same risk limits
4% / 10%
MFA Account
Your
03
Step 3 MFA account
Welcome to your MFA account for the 2-Phase MFA Challenge. After you successfully complete identity verification and agree to the MFA account agreement, you become an MFA trader.
Identity verification
MFA account agreement
MFA Trader
You
Congratulations! You are now an MFA trader
You still trade simulated capital, but now you earn a share of your simulated profits.
Show your best side in every trade
There is no profit target other than your own. Simply follow the risk limits and take your profits.
Withdraw your earned profits
Payouts must be requested using approved payment methods.
Start your 2-Phase
MFA Challenge now
Choose your account size and start the Challenge.
Explore the full range
MFA 2-Phase Challenge
Choose your account type:
Challenge Account
New
1-Phase
Challenge Account
2-Phase
Challenge account
2-Phase
01
Step 1
start
In the two-phase MFA challenge, you start with the MFA Challenge. It is a test of your trading skills based on clear, structured rules. Your goal is to demonstrate a consistent and responsible approach to trading.
Profit target – Phase 1
8%
Profit target – Phase 2
5%
Daily loss limit
4%
Max. loss
10%
Choose the size of your MFA Challenge
Choose from simulated accounts worth $6,000, $18,000, $60,000, $120,000 or $240,000.
Trade and reach
your profit target
Trade to reach a specific profit target, depending on the account, without exceeding, among other things, the maximum daily loss limit.
02
Step 2
verification
Keep using your simulated account
You will use the same account size as in the MFA Challenge.
Trade and reach 5% profit target
Reach a profit target of 5% while staying within the same risk limits.
Verification is the second stage. You will follow the same rules as before, but with a lower profit target. This stage is designed to check consistency.
Phase 1 · Challenge
8%
Phase 2 · Verification
5%
Same risk limits
4% / 10%
MFA Account
Your
03
Step 3
MFA account
Welcome to your MFA account for the 2-Phase MFA Challenge. After you successfully complete identity verification and agree to the MFA account agreement, you become an MFA trader.
Identity verification
MFA account agreement
MFA Trader
You
Congratulations! You are now an MFA trader
You still trade simulated capital, but now you earn a share of your simulated profits.
Show your best side in every trade
There is no profit target other than your own. Simply follow the risk limits and take your profits.
Withdraw your earned profits
Payouts must be requested using approved payment methods.
Explore the full range MFA Challenge
2-Phase
Frequently asked questions
Have questions? In the FAQ section you will find quick answers to the most frequently asked questions.
Account and trading rules
Products / Account types
Platform and tools
Procedures and account management
Withdrawals
What leverage does MFA offer?
What is the lifetime of Challenge accounts?
What is the difference between a Prime Instant account and a Core Instant account?
What is the difference between a Challenge account and an Instant account?
What are the differences between MFA accounts?
Account and trading rules
Products / Account types
Platform and tools
Procedures and account management
Withdrawals
What leverage does MFA offer?
What is the lifetime of Challenge accounts?
What is the difference between a Prime Instant account and a Core Instant account?
What is the difference between a Challenge account and an Instant account?
What are the differences between MFA accounts?
Start your Challenge
MFA starting today!
As many attempts on a demo account as you need
Up to $250,000 on an MFA account
Payouts based on performance
Prove your skills with a reputable firm
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