Passing the Toro100 Challenge does not guarantee approval for a Live Funded Account. All traders must pass the final review and meet the program’s eligibility and compliance requirements.
A trader may be denied a Live Funded Account for the following reasons:
- Duplicate accounts: Creating or using multiple unauthorized Free Challenge accounts.
- Identity verification issues: Providing false, inconsistent, or invalid personal information or documents.
- Compliance restrictions: Failing sanctions screening or being ineligible due to legal or residency restrictions.
- Trading rule violations: Engaging in prohibited trading practices, manipulating trade counts, exceeding Buying Power, or trading restricted securities.
- Poor position management: Repeatedly leaving positions open and relying on automatic liquidation instead of closing them independently.
- Market data requirements: Failing to complete required exchange registration, subscriber agreements, or applicable fee arrangements.
- Broker or execution-partner approval: Not receiving the required approval from the relevant partners.
- Account availability: Live Funded Accounts may be subject to availability.
- Funded agreement: Failing to accept the separate Live Funded Trader Agreement.
Important: Meeting the profit target and other challenge objectives does not guarantee funding. All accounts are subject to final review and approval.