# Setting Up Prop Challenges

### <mark style="color:red;">A)   Creating A New Challenge</mark>

To create a new prop challenge, follow these steps:

{% tabs %}
{% tab title="Step 1" %}
1. Navigate to Prop Trading > Challenge Settings. \

2.  Click on "New Challenge".\


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FSlQNOiFxQvXINGyByk5r%2Fimage.png?alt=media&#x26;token=dc994be1-b8bc-4e5b-b335-b4da3d3f858f" alt=""><figcaption></figcaption></figure>
{% endtab %}

{% tab title="Step 2" %}
Fill in the "Basic Information" of the challenge:

1. Challenge Name
2. Account Currency&#x20;
3. Challenge Type - Refer to this link for more details: [#b-challenge-types](#b-challenge-types "mention")
4. Challenge Time Zone&#x20;
5. Challenge Start Date & Time&#x20;
6. Select Card View Content Display&#x20;
   * **Stage 1 Rules:** Content displayed on the challenge card will be the rules set for stage 1.
   * **Highest Value Across Stages:** Content displayed on the challenge card will be the highest value across all stages. For instance, if the profit target for stage 1 is 10% and for stage 2 is 20%, the challenge card will display the profit target of 20%.

Click "Next" to continue with the setup of the challenge or click "Save and Exit" to save the challenge as a draft.&#x20;

<figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FYbW3zwEfv2O50mW1KUWw%2Fimage.png?alt=media&#x26;token=b2e14d96-be37-4b34-b6ea-35cb8488f2b7" alt=""><figcaption></figcaption></figure>
{% endtab %}

{% tab title="Step 3" %}
Fill in the Challenge Rules.&#x20;

1.  Configure the number of steps you require in your challenge.&#x20;

    * You can add new steps by clicking the "+" icon.&#x20;
    * You can delete steps by clicking the "Delete" icon.&#x20;

    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FUwowt7yJaUM9VTVq4Ydg%2Fimage.png?alt=media&#x26;token=1539f7d5-a0b5-457e-978b-5aff0fcca4a1" alt=""><figcaption></figcaption></figure>
2.  Configure the settings for each step. For more details, please refer to this link: [#c-challenge-parameter-definitions](#c-challenge-parameter-definitions "mention")\


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2Fwcz4krIlMthOqNmlyMAz%2Fimage.png?alt=media&#x26;token=1960ac9c-d9c5-4ca9-9902-2ac72337ca29" alt=""><figcaption></figcaption></figure>
3.  You have the capability to conceal specific challenge settings from clients by selecting the "Hide" icon.\


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FsIu8I5HKhwcHDC35KVsy%2Fimage.png?alt=media&#x26;token=bd7645bd-119b-4026-86ee-86d306ea4576" alt=""><figcaption></figcaption></figure>
4. Additionally, you can customize the challenge settings name in your preferred languages.
   *   To achieve this, just click the "Language" icon.\


       <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FikFyhsuxLj8iI33NByIY%2Fimage.png?alt=media&#x26;token=c52493e9-5461-4bbb-abe8-7f8a4756e58b" alt=""><figcaption></figcaption></figure>
   * Enter the challenge settings name in the respective languages.
   * Click "Save".\
     ![](https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2F3yF3dlCfYMvABYePLJBa%2Fimage.png?alt=media\&token=6b14a4ea-3687-4339-832b-7fc4e260aba9)
5. Furthermore, you can configure Prop Trading Alerts to enhance client engagement throughout their prop challenge journey.&#x20;
   1.  You can do so by clicking the "Notification" icon for the parameter you want to set. \


       <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2Fjn0IMRuM085A3AaCcIpM%2Fimage.png?alt=media&#x26;token=4a3a9f5e-d264-4871-ab1e-78cba6676b9e" alt=""><figcaption></figcaption></figure>
   2. Enter the required details and click "Confirm". Your clients will now receive notifications accordingly.
   3. For more details on the Prop Trading Alert Threshold, please refer to [#id-2-prop-trading-notification-thresholds](#id-2-prop-trading-notification-thresholds "mention").
{% endtab %}

{% tab title="Step 4" %}
1.  Select the Payment Method for the Registration Fee (if any). The available payment methods are:

    * Purchase Package Directly - You will need to select the payment methods accepted.
    * Deduct from Account Balance

    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FmPnkuguxQXEP2aSouoPV%2Fimage.png?alt=media&#x26;token=e5f2ee0b-7b3e-4c5d-9ba4-bf48c733742d" alt=""><figcaption></figcaption></figure>
2. Decide whether you want to upgrade traders to the next step immediately after they pass the previous step. If you select "Yes", the trader will be upgraded to the next step at the end of the day if the profit target is met, without the need to wait for the trading period to conclude.\

3.  Indicate whether the fee is refundable.


4.  Click "SAVE AND EXIT" to save your challenge as a draft or click "NEXT" to continue. \


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FCEexpqsyXLn7n25Q0DLT%2Fimage.png?alt=media&#x26;token=6961514f-fd5f-4314-87a9-235667c5c3fa" alt=""><figcaption></figcaption></figure>
{% endtab %}

{% tab title="Step 5" %}
Fill in the profit sharing details.

1.  Specify the steps at which you want profit sharing to be distributed. Enable profit sharing for various steps by clicking the "Enable" button.\


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2Fl0zmpABqAq2T8qO2eDB1%2Fimage.png?alt=media&#x26;token=46eebd8a-af8f-48b3-9b19-f5df7b3b0aa0" alt=""><figcaption></figcaption></figure>
2.  Enter the profit sharing percentage for each recipient. Additionally, determine the number of upline levels for profit sharing distribution by clicking the "Add" icon.\


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FTGqCC1xsUFVP2Bd1cklm%2Fimage.png?alt=media&#x26;token=afe63bdb-d87c-4a3a-861c-e7612eccebc9" alt=""><figcaption></figcaption></figure>
3.  Select the profit sharing settlement period:

    * Profit Sharing Every Fixed Number of Days - you will need to specify the required number of days.
    * Day X of Every Month - you will need to enter the desired day. If set to the 31st day and the month lacks a 31st, the settlement will automatically occur on the last day of the month.
    * Manual - This means that profit sharing settlements will only be triggered manually by you. Exceptions are when your trader passes or fails a challenge; in these cases, the system will automatically initiate profit sharing settlement.&#x20;

    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FkA80PSDGlZRtuAB4xfWF%2Fimage.png?alt=media&#x26;token=4c007414-aa01-42c3-b812-3655b674d4b1" alt=""><figcaption></figcaption></figure>
4. Configure the Profit Sharing Conditions:&#x20;
   1. **Minimum Days After Account Creation**: The minimum number of days that must pass after a trader's account is created before they qualify for profit sharing. For example, if set to 5 days, profit sharing will only be considered after 5 days from the account creation date.
   2. **Minimum Trading Days**: The minimum number of days a trader must have placed trades before qualifying for profit sharing. For example, if set to 3 days, profit sharing will only be considered after the trader has placed trades on at least 3 separate days.
   3.  You can configure these conditions with an **"AND"** or **"OR"** policy.

       1. The **"AND"** policy means both conditions must be fulfilled.
       2. The **"OR"** policy means either condition can be fulfilled.

       <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FbsADT6FW8hUezmmQ7S0G%2Fimage.png?alt=media&#x26;token=2569b06d-d7c3-46d5-91d9-dbdf438bb850" alt=""><figcaption></figcaption></figure>
   4. **Minimum Profit**: The minimum profit a trader must achieve to qualify for profit sharing. For example, if set to $1,000, the trader must have a closed P\&L of at least $1,000, calculated as current balance - initial balance.
   5.  Similarly, you can configure either "**AND**" policy or "**OR**" policy.



       <figure><img src="https://reference-guide.gitbook.io/crm-version-release-notes/~gitbook/image?url=https%3A%2F%2F2882407036-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FtcPc3eNiDR0XV3sykf6H%252Fuploads%252FLbdGxPQV8ZPeWpxix6mM%252Fimage.png%3Falt%3Dmedia%26token%3D019c23b2-9f98-42d5-97ad-a9e82a21c243&#x26;width=768&#x26;dpr=4&#x26;quality=100&#x26;sign=76257646&#x26;sv=2" alt=""><figcaption></figcaption></figure>
   6.  **Profitable Days**: The number of profitable days required for a trader to be eligible for profit sharing.

       1. **Profit**: Defined as a percentage of the initial balance. For example, if the initial balance is $100,000 and the required percentage is 8%, the trader must make at least $8,000 in profit for the day to be counted as a profitable day.
       2. **Number of Days**: The minimum number of profitable days required.
       3. This resets after each profit-sharing settlement. If a profit-sharing settlement has occurred, the trader must meet the condition again from the start for the next cycle.



       <figure><img src="https://reference-guide.gitbook.io/crm-version-release-notes/~gitbook/image?url=https%3A%2F%2F2882407036-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FtcPc3eNiDR0XV3sykf6H%252Fuploads%252Fp9i8BoMzoNjbDW6Oo8PU%252Fimage.png%3Falt%3Dmedia%26token%3D7a8f5dfb-7de7-46dd-b7f3-ca1655662cbe&#x26;width=768&#x26;dpr=4&#x26;quality=100&#x26;sign=3d60c25e&#x26;sv=2" alt=""><figcaption></figcaption></figure>
5. Choose between automatic or manual profit sharing methods.
   * **Manual Distribution:** Manual review and approval from you are required before the profit sharing amount is distributed to the recipients' wallet.
   * **Automatic Distribution:** The system automatically calculates and distributes the profit sharing amount to the intended recipients' wallet. No manual intervention is needed.
6. Indicate the upline client types eligible to receive profit sharing distribution—either all client types or IBs only.
7.  Click "SAVE AND EXIT" to save your challenge as a draft or click "NEXT" to continue. \


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FbwrQyp2MVFSDLOoFfMK4%2Fimage.png?alt=media&#x26;token=3a047938-4d84-46a9-b911-91b898b059c9" alt=""><figcaption></figcaption></figure>
{% endtab %}

{% tab title="Step 6" %}
1. Choose your commission structure: Level or Rank.&#x20;
2. If Rank is selected, choose the applicable "Rank Structure".&#x20;
3. Opt to "Include Challenger" if you want to pay out commissions to the prop challengers.&#x20;
4.  Select the commission calculation method:&#x20;

    * Fixed Amount&#x20;
    * Percentage of Participation Fee (As Configured)
    * Percentage of Participation Fee (After Discount)

    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2Fcie7NnBAtk4b5acoB2b0%2Fimage.png?alt=media&#x26;token=370f4058-c065-4571-a60a-220ed1920d09" alt=""><figcaption></figcaption></figure>
5. Refer to this section for more details: [#d-participation-fee-commission](#d-participation-fee-commission "mention")
6.  Click "SAVE AND EXIT" to save your challenge as a draft. Or click "Publish" to immediately publish your challenge. \


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FpVTWO5XbFQsLSEmzSTAY%2Fimage.png?alt=media&#x26;token=b6f6277a-7a4d-4277-b37e-5492d8b56be3" alt=""><figcaption></figcaption></figure>
{% endtab %}

{% tab title="Step 7" %}
1. Upon clicking "Publish", you can review the challenge parameters configured.&#x20;
2.  Click "Publish Now" to proceed. \


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FpKAr26S1TFN4cFjRC8JQ%2Fimage.png?alt=media&#x26;token=74385a6d-abd7-4ab4-9f9a-7968d767b115" alt=""><figcaption></figcaption></figure>
3.  A popup notice will appear for you to confirm your action. Click "Confirm" to proceed to publish your challenge. \


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FrfOUMABFd0cz5UfxEkKG%2Fimage.png?alt=media&#x26;token=b55060a9-2ff1-481e-b5a8-42f3f9879e89" alt=""><figcaption></figcaption></figure>
4.  You will see that the challenge status is now "Published". \


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FBZgTQyxEOmu7gOiW7Ydq%2Fimage.png?alt=media&#x26;token=e2e66d9f-3ceb-4dc7-ba6d-8407276fca90" alt=""><figcaption></figcaption></figure>
{% endtab %}
{% endtabs %}

### <mark style="color:red;">B)   Challenge Types</mark>

1. Challenge types are displayed as keywords, enabling your clients to easily browse and filter prop challenges.
2. To add a new challenge type:
   *   Enter the desired type in the dropdown menu and press Enter.\


       <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FG2XRupLvoO9S0dJlNO0Y%2Fimage.png?alt=media&#x26;token=fe617f00-4150-4afc-930c-54f128ac321a" alt=""><figcaption></figcaption></figure>
   *   Ensure that the challenge type is filled in all relevant languages.\


       <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FexdbNUU24MuhynfsJjJP%2Fimage.png?alt=media&#x26;token=4cf72814-bb15-400c-a68a-e36b23766af7" alt=""><figcaption></figcaption></figure>
3. Once created, the new challenge type will appear in the dropdown list and can be assigned to other challenges.
4.  Your clients can select a challenge type, and the relevant list of challenges associated with it will be displayed.

    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FiUUCIX1TFkkleyPpD15X%2Fimage.png?alt=media&#x26;token=78a31279-3f3f-4f4b-815b-1c75d6bd3a96" alt=""><figcaption></figcaption></figure>

### <mark style="color:red;">C)   Challenge Parameter Definitions</mark>

Below are the definitions for various parameters used in setting up prop trading challenges:

<table data-view="cards"><thead><tr><th></th><th></th><th></th></tr></thead><tbody><tr><td><strong>Step Name</strong>    </td><td><p>The designated name for each stage of the challenge, such as "Preliminary Stage" or "Funded Stage." <br></p><p>Ensure that the step name is provided in all relevant languages.</p></td><td></td></tr><tr><td><strong>Account Type</strong>  </td><td>Choose between "Demo" (simulated trading) or "Live" (real funds trading) account types. </td><td></td></tr><tr><td><strong>Initial Balance Amount</strong>  </td><td>The starting balance in the trading account when your client registers for the prop challenge. </td><td></td></tr><tr><td><strong>Server Group</strong></td><td>Select the trading platform and corresponding trading groups to which the trading account will be assigned.</td><td></td></tr><tr><td><strong>Leverage</strong></td><td>The leverage available to your client for trading during the challenge.</td><td></td></tr><tr><td><strong>Trading Period</strong></td><td><p>The duration of the challenge in days. Clients must achieve the challenge target within this period. </p><p></p><p>You can choose an unlimited trading period or manually enter the number of days.</p></td><td></td></tr><tr><td><strong>Minimum Trading Days</strong></td><td>The minimum number of days your client must trade to pass the challenge.</td><td></td></tr><tr><td><strong>Minimum Trading Volume</strong></td><td>The minimum number of lots that must be traded by your client to pass the challenge.</td><td></td></tr><tr><td><strong>Maximum Daily Loss</strong></td><td>The maximum loss allowed within a single day.</td><td><p><strong>Calculation Logic</strong>:</p><ul><li><strong>Net Equity</strong>: The system updates equity every 10 minutes. If the difference between the current equity and the previous end-of-day equity exceeds the maximum daily loss threshold, the challenge will fail.</li><li><strong>Profit and Loss (PNL)</strong>: At the end of each day (00:00 challenge time zone), the PNL of all closed orders is calculated chronologically. If the total cumulative loss exceeds the maximum daily loss threshold, the challenge will fail.</li></ul><p>Please refer to this link for calculation examples: <a data-mention href="#g-calculation-logic-for-maximum-daily-loss-and-maximum-loss">#g-calculation-logic-for-maximum-daily-loss-and-maximum-loss</a></p></td></tr><tr><td><strong>Maximum Loss</strong></td><td>The maximum cumulative loss allowed throughout the challenge.</td><td><p><strong>Calculation Logic</strong>:</p><ul><li><strong>Net Equity</strong>: The system updates equity every 10 minutes. If the difference between current and initial equity exceeds the maximum loss threshold, the challenge will fail.</li><li><strong>Profit and Loss (PNL)</strong>: At the end of each day (00:00 challenge time zone), the system calculates the PNL of all closed trades in chronological order from the start of the challenge. If the total cumulative loss exceeds the maximum loss threshold, the challenge will fail.</li></ul><p>Please refer to this link for calculation examples: <a data-mention href="#g-calculation-logic-for-maximum-daily-loss-and-maximum-loss">#g-calculation-logic-for-maximum-daily-loss-and-maximum-loss</a></p></td></tr><tr><td><strong>Profit Target</strong></td><td>The profit goal that must be achieved to successfully complete the challenge.</td><td><strong>Calculation Logic</strong>: The system updates PNL every 10 minutes to check if the profit target has been met. Once the target is reached, at 00:00 in the challenge time zone, the system updates the challenge progress accordingly.</td></tr><tr><td><strong>Allow Retry</strong></td><td>Indicates whether clients can retry the prop challenge stage. <br><br>Traders must first fail the challenge in order to be eligible for a retry. </td><td></td></tr><tr><td><strong>Retry Fee</strong></td><td>The fee required for retrying a prop challenge stage. <br><br>You can select "Free" or "Chargeable". If you select "Chargeable", you will need to enter the desired fee amount. </td><td></td></tr><tr><td><strong>No. of Retry Attempts</strong></td><td>The maximum number of allowed repeats.</td><td></td></tr><tr><td><strong>Fee</strong></td><td>The registration fee required for participation in the challenge.</td><td></td></tr><tr><td><strong>Profit Sharing</strong></td><td><p>The percentage of profits shared with the client, along with the settlement period. </p><p></p><p>The profit-sharing amount will be credited to the CRM wallet.</p></td><td></td></tr><tr><td><strong>Profitable Days</strong></td><td>The minimum number of days where traders must achieve a specified profit to pass the challenge. </td><td></td></tr><tr><td><strong>Max Loss Per Closed Trade</strong></td><td>The maximum loss of any single closed trade.</td><td></td></tr></tbody></table>

### <mark style="color:red;">D)   Participation Fee Commission</mark>

You can set up two different commission structures: Level Structure and Rank Structure.

For Level Structure:

1.  Add the number of levels for commission payouts by clicking the "Add" icon.\


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FLZBljWdzoSsPbtZbe9yM%2Fimage.png?alt=media&#x26;token=1cf82e54-911a-4846-ae76-c2a33f09b408" alt=""><figcaption></figcaption></figure>
2. Enter the commission amount.
3.  If "Include Challenger" is selected, the first level defaults to the challenger.\


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2F1TxIS7a5xkrIxuecqSZ1%2Fimage.png?alt=media&#x26;token=df1a0626-6d43-4850-bc38-b9af59f83052" alt=""><figcaption></figcaption></figure>
4. To set up overriding commission and same rank bonus, you will need to select a "Rank Structure."
5.  Set up overriding commission and same rank bonus under the respective tabs.\


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FIF4XuNLUtsDztZafOZuL%2Fimage.png?alt=media&#x26;token=b914fc16-7636-4917-a8e0-4e2a345eec86" alt=""><figcaption></figcaption></figure>

For Rank Structure:

1. The tiers for the selected rank structure will be displayed automatically.
2. Enter the commission amount for each tier.
3.  Configure overriding and same rank commission accordingly.\


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2F5aZJL76KJZptgeSQXQwH%2Fimage.png?alt=media&#x26;token=0b4abfde-7461-4c0b-947e-9cdc0c475d3e" alt=""><figcaption></figcaption></figure>

### <mark style="color:red;">E)   Challenge Allocation Across Client Groups</mark>

You have the flexibility to assign different challenges and packages to specific client groups, tailoring offerings to their unique business requirements. Assigned client groups gain visibility of the challenge and packages, while unassigned groups won't have access.

* All client groups will be automatically selected by default for existing challenges and packages.
* Modifying assigned client groups is possible even after the challenge has commenced.
* Existing challengers can still view and participate in the challenge, even if they are not part of the assigned client groups. However, upon completion or full failure of the challenge, participants will no longer have visibility of the challenge.

To assign a challenge/package to client groups:

1.  Locate the challenge/package and click the "Client Groups" icon.\


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2F4RjQnfl2HvuVtUnLrAyk%2Fimage.png?alt=media&#x26;token=1ae1605e-ce2e-4047-bfe2-62e351d2090f" alt=""><figcaption></figcaption></figure>
2. Select the client groups where the challenge and package will be visible.
3.  Click "Save."\


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2Fn7F00rA29G7LnWDHNeJN%2Fimage.png?alt=media&#x26;token=1dc3f22d-4796-4f5c-a910-57f47dbc2e81" alt="" width="401"><figcaption></figcaption></figure>

If a challenge or package does not have any assigned client group, an "!" icon will remind you to make an assignment.

<figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FYfu7iTpaLLkLXPklw3xv%2Fimage.png?alt=media&#x26;token=e9981eac-687f-4448-a0b6-297cd9f07d55" alt=""><figcaption></figcaption></figure>

### <mark style="color:red;">F)   Duplicating Prop Challenges</mark>

You can also efficiently create new challenges by duplicating existing ones, saving time on repetitive data entry. To duplicate prop challenges, follow the steps below:&#x20;

1.  Locate the prop challenge you want to duplicate and click the "Duplicate Challenge" icon.

    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FSuxNwU9LkuFFnpscfHw6%2Fimage.png?alt=media&#x26;token=bcaefbc3-22ee-4138-8cc8-5ce258ea12b7" alt=""><figcaption></figcaption></figure>
2. The challenge will be duplicated, and "-copy" will be appended to the challenge name to indicate it as a duplicate.
3.  The duplicated challenge will be automatically saved as a draft.\


    <figure><img src="https://1412218885-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjte3ihj30mTFvqCasyX%2Fuploads%2FgnzQRMi9GWD70jP5Tvxp%2Fimage.png?alt=media&#x26;token=8ff36d96-c5e8-4139-a590-f87148254fd3" alt=""><figcaption></figcaption></figure>
4. You can then proceed to edit and publish the prop challenge as needed.

### <mark style="color:red;">G)   Calculation Logic for Maximum Daily Loss and Maximum Loss</mark>

#### <mark style="color:red;">A)   Maximum Daily Loss</mark>

1. The CRM compares the latest obtained equity with the equity at the end of the previous day to determine if the trader has reached the maximum daily loss threshold.&#x20;
2. Challenge fails when: Latest Equity - Previous Day Equity ≤ - Maximum Daily Loss&#x20;

**For Example:**&#x20;

Initial Equity: $10,000&#x20;

Maximum Daily Loss = 5% x $10,000 = $500

<table><thead><tr><th width="215">Previous Day Equity</th><th width="138">Latest Equity</th><th width="176">Equity Change </th><th>Challenge Failed</th></tr></thead><tbody><tr><td>$10,000</td><td>$11,000</td><td>$11,000 - $10,000 = $1,000</td><td>$1,000 ≥ - $500 <br>Challenge has not failed.</td></tr><tr><td>$11,000</td><td>$8,500</td><td>$8,500 - $11,000 = -$2,500</td><td>-$2,500 ≤ -$500<br>Challenge has failed. </td></tr></tbody></table>

#### <mark style="color:red;">B)   Maximum Loss</mark>

1. The CRM compares the latest obtained equity with the initial equity to determine if the trader has reached the maximum loss threshold.&#x20;
2. Challenge fails when: Latest Equity - Initial Equity ≤ - Maximum Loss&#x20;

**For Example:** \
Initial Equity: $10,000&#x20;

Maximum Loss = 10% x $10,000 = $1,000&#x20;

<table><thead><tr><th width="215">Initial Equity</th><th width="138">Latest Equity</th><th width="176">Equity Change </th><th>Challenge Status</th></tr></thead><tbody><tr><td>$10,000</td><td>$11,000</td><td>$11,000 - $10,000 = $1,000</td><td>$1,000 ≥ - $1,000 <br>Challenge has not failed.</td></tr><tr><td>$10,000</td><td>$8,500</td><td>$8,500 - $10,000 = -$1,500</td><td>-$1,500 ≤ -$1,000<br>Challenge has failed. </td></tr></tbody></table>

### <mark style="color:red;">H) Prop Trading Alert Thresholds</mark> <a href="#id-2-prop-trading-notification-thresholds" id="id-2-prop-trading-notification-thresholds"></a>

<table data-card-size="large" data-view="cards"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Trading Period</strong></td><td><ol><li>Specify the number of days before the trading period deadline at which you want the notification to be triggered.</li><li>For example, if you set it to 5 days, the notification will be sent to your clients 5 days before the trading period ends.</li><li><p>You can configure the notification frequency:</p><ol><li>Once a day</li><li>Once every 2 days</li><li>Once every 3 days</li></ol></li><li>If the frequency is set to "Once a day," a follow-up notification will be sent the following day after the initial one. Similarly, with a "Once every 2 days" setting, notifications will be sent two days later.</li><li>If the trading period is set to unlimited for any stage of the prop challenge, this notification setting will not apply.<br><br><img src="https://reference-guide.gitbook.io/crm-version-release-notes/~gitbook/image?url=https%3A%2F%2F2882407036-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FtcPc3eNiDR0XV3sykf6H%252Fuploads%252FerX8zSqo2w1FtGdBCAqY%252Fimage.png%3Falt%3Dmedia%26token%3D50d77835-b44b-400c-bb76-0638bd4eeced&#x26;width=300&#x26;dpr=4&#x26;quality=100&#x26;sign=b0601741&#x26;sv=2" alt=""></li></ol></td></tr><tr><td><strong>Minimum Trading Days</strong></td><td><ol><li>Define the number of days of inactivity that will trigger this notification.</li><li>For example, if you set it to 5 days, the client will receive a notification after 5 consecutive days of no trading activity.</li><li>The maximum allowed inactivity period for this setting is 100 days.<br><br><img src="https://reference-guide.gitbook.io/crm-version-release-notes/~gitbook/image?url=https%3A%2F%2F2882407036-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FtcPc3eNiDR0XV3sykf6H%252Fuploads%252Flyhb9JBNw2nOI7jtEcBr%252Fimage.png%3Falt%3Dmedia%26token%3D47994e70-b658-45e2-a735-570a9ea7367d&#x26;width=300&#x26;dpr=4&#x26;quality=100&#x26;sign=4317de03&#x26;sv=2" alt=""></li></ol></td></tr><tr><td><strong>Maximum Daily Loss</strong></td><td><ol><li>Specify the percentage of the maximum daily loss that will trigger a notification to your client.</li><li>For example, if the maximum daily loss for the prop challenge is $1,000 and you set the trigger at 10%, a notification will be sent when daily losses reach $100.</li><li>The maximum allowable value for this setting is 99% of the max daily loss.</li><li>Data is calculated every 10 minutes, and if the threshold is met, a notification will be sent.</li><li>To prevent spamming clients during periods of market volatility, only one notification will be sent per day, even if the threshold is repeatedly triggered. <br><br><img src="https://reference-guide.gitbook.io/crm-version-release-notes/~gitbook/image?url=https%3A%2F%2F2882407036-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FtcPc3eNiDR0XV3sykf6H%252Fuploads%252FbSrtdpVFQQg660yKVEIn%252Fimage.png%3Falt%3Dmedia%26token%3D01a812aa-f3c4-43a6-a374-c873ede910c6&#x26;width=300&#x26;dpr=4&#x26;quality=100&#x26;sign=f5772ad2&#x26;sv=2" alt=""></li></ol></td></tr><tr><td><strong>Maximum Loss</strong></td><td><ol><li>Define the percentage of the maximum loss that will trigger a notification to your client.</li><li>For example, if the maximum loss for the prop challenge is $5,000 and the trigger is set at 10%, a notification will be sent when your client’s total losses reach $500.</li><li>The maximum allowable value for this setting is 99% of the maximum loss.</li><li>Data is calculated every 10 minutes, and if the threshold is met, a notification will be sent.</li><li>You can specify a step-up value for follow-up notifications.</li><li>For instance, if the step-up value is set to $200, after the initial notification at $500, the next notification will be sent when total losses reach $700, followed by another at $900, and so on, based on the example above.<br><br><img src="https://reference-guide.gitbook.io/crm-version-release-notes/~gitbook/image?url=https%3A%2F%2F2882407036-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FtcPc3eNiDR0XV3sykf6H%252Fuploads%252FMryRZduFqv6Rm7XmqLNH%252Fimage.png%3Falt%3Dmedia%26token%3D19554479-777a-459c-893a-0449be13236b&#x26;width=300&#x26;dpr=4&#x26;quality=100&#x26;sign=ed1d339d&#x26;sv=2" alt=""></li></ol></td></tr><tr><td><strong>Profit Target</strong></td><td><ol><li>Specify the percentage of the profit target that will trigger a notification to your client.</li><li>For example, if the profit target for the prop challenge is $1,000 and you set the trigger at 10%, a notification will be sent when your client's profit reaches $100.</li><li>The maximum allowable value for this setting is 99% of the profit target.</li><li>Data is calculated every 10 minutes, and if the threshold is met, a notification will be sent.</li><li>For instance, if the step-up value is set to $200, after the initial notification at $100, the next notification will be sent when total profit reach $300, followed by another at $500, and so on, based on the example above.<br><br><img src="https://reference-guide.gitbook.io/crm-version-release-notes/~gitbook/image?url=https%3A%2F%2F2882407036-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FtcPc3eNiDR0XV3sykf6H%252Fuploads%252FTasXtEQVbezwuadl4hOO%252Fimage.png%3Falt%3Dmedia%26token%3Ded5913c8-f5c8-4d9f-b5a3-1fbbb8f34b29&#x26;width=300&#x26;dpr=4&#x26;quality=100&#x26;sign=550b0157&#x26;sv=2" alt=""></li></ol></td></tr></tbody></table>
