Million Dollar Trading Challenge

Million Dollar Trading Challenge identifies as a "prop firm alternative" designed to discover and fund talented traders globally. The company's business model is based on an evaluation process where aspiring traders pay a one-time fee to take on a "challenge" using a demo account. Traders must meet specific profit targets without violating drawdown and other risk management rules. Upon successful completion of the challenge, traders are offered a funded account, allowing them to trade the firm's capital and keep up to 100% of the profits they generate. This model aims to remove the barrier of insufficient personal capital for skilled traders.