What are Add-ons, and why are they beneficial?

Add-ons are optional features that enhance your trading experience during a TradingCult Challenge. They provide flexibility, improve risk management, and boost earning potential. Add-ons allow you to customize key factors like profit share, leverage, and risk limits, helping you align the Challenge with your trading style and goals.

Important: Add-ons can only be selected when purchasing a Challenge and cannot be added later. Availability of certain Add-ons may vary depending on the Challenge type. You can check which Add-ons are available for each Challenge on the Challenge purchase page.

Available Add-ons:

Profit Share 90/10

Increase your profit share to 90%, allowing you to keep more of your profits. Normally, a smaller percentage is kept, but with this Add-on, you retain 90%, while only 10% goes to TradingCult.

Double Leverage

This Add-on doubles your available leverage, enabling larger position sizes and greater market exposure. While this can amplify profits, it also increases risk, so it should be used carefully.

Max Drawdown 15%

Increase the Maximum Drawdown (the Max Total Loss limit) to 15%. This gives you more breathing room to manage temporary losses without hitting the drawdown limit, helping you recover from market downturns.

Daily Loss 10%

This Add-on raises your Maximum Daily Loss limit to 10%. It allows for slightly larger daily risks, which can be beneficial in volatile markets or during high-confidence trades.

Profit Defender

The Profit Defender Add-on protects your accumulated profits. Once you’ve reached a certain profit level, it places a safety net to secure those gains, even if future trades cause your account to hit the Max Daily Loss limit.

Example:

Starting Balance: $10,000

Highest Equity Reached: $12,000

Daily Loss: -$600 (5% Daily Loss level breached)

Daily Ending Balance: $11,400

In this case, although the account balance dropped below $12,000, the Profit Defender ensures the remaining $1,400 in profits is protected and can be withdrawn. So even after breaching the Max Daily Loss, users of the Profit Defender Add-on don’t lose their remaining profits.