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Challenge rules
The rules for Fedha Academy Trading Challenge 7. Joining a challenge means you accept them.
Overview
- Fedha Academy Trading Challenge 7 is a paper-money trading competition on live prices. No real money is involved.
- Everyone starts with $10,000 virtual cash and trades the same 14 days.
Dates and registration
- Starts 20 Oct 2026, 8:00 pm and ends 3 Nov 2026, 8:00 pm, India time.
- Registration opens when the challenge starts and closes 27 Oct 2026, 8:00 pm.
Trading rules
- Trade 9 pairs against USDT: BTC, ETH, SOL, DOGE, ZEC, LINK, TON, LUNC and PEPE.
- Use up to 10x leverage in the first 24 hours and up to 20x after that.
- Put at most 50% of your cash into one position's margin.
- Put at least $10 of margin into each position.
- Hold at most 5 open positions and pending orders at once.
- Hold a position for at least 60 seconds before you close it.
- Limit orders, stop losses and take profits are checked on our server once a minute, and fill at the price of that check.
Fees and funding
- Pay a 0.1% fee on your margin when a position opens or a limit order fills.
- Pay 0.1% of your margin plus your profit or loss when a position closes.
- Funding is settled every 8 hours on open positions. When more money is long than short, longs pay shorts, and the other way round, at up to 0.75% of position value. Funding may change.
Your balance
- Your balance can go below zero: a loss larger than your margin, a fee or a funding payment can take it there.
- While your balance is below zero you cannot open trades or place orders. Close positions to recover.
- A leveraged position is liquidated when its loss reaches its margin, and that margin is lost. A 1x position is never liquidated.
- At the end, open positions close at market prices, pending orders are cancelled, and a balance below zero counts as zero.
Ranking and results
- Ranked by return on your starting capital.
- Ties go to the higher final equity, then to whoever joined first.
- The live leaderboard marks open positions at live prices. Final results use each balance once everything has closed, and are published the day after the challenge ends.
Prizes
- Top 5 win ₹1,000 each.
- Prizes are delivered to your registered email address within 7 days of the challenge closing.
- Winners must have completed account setup. Incomplete or unverified accounts cannot receive prizes.
- Prizes cannot be transferred or exchanged for cash or any other payout.
- If a winner is disqualified after the announcement, the prize goes to the next eligible participant.
- Prizes may be taxable under Indian law. You are responsible for your own tax.
Eligibility
- Open to Indian residents aged 18 and over.
- One account per person. Every entry linked to a second account is disqualified.
- Sign up with an email address or a Google account. One account per email address.
- Fedha Academy employees, contractors and their immediate families cannot take part.
Accounts and identity
- Register with your real name and a valid email address.
- We may investigate duplicate accounts. Accounts that belong to the same person, found through device fingerprints, IP addresses, behaviour or other signals, are disqualified at our discretion.
Fair play and disqualification
- Do not inflate P&L: wash trading, self-dealing, mirror or hedge trades across linked accounts, and exploiting pricing errors or bugs all lead to disqualification.
- We may disqualify anyone at any time for multiple accounts, false registration details, manipulative trading or conduct against the spirit of fair competition.
- Disqualification decisions are final, and we do not have to give the reason.
General
- Fedha Academy's decision on results, eligibility and disqualification is final and binding.
- These terms can change before a challenge starts. Apart from funding, they do not change once it has started.
- If a technical fault ends a challenge early or late, we explain what happened and settle results on the fullest data available.
- We are not liable for trades missed through downtime, your connection or other failures outside our control. If the platform is down for more than 10% of a challenge, we may extend or restart it.
- Joining a challenge means you accept these terms in full. For questions or disputes, contact us through the official Fedha Academy support channel.
- These terms apply only to Fedha Academy trading challenges and are not financial advice.