FAQ
❓ Is ChallengeBuddy a signal service?
No.
ChallengeBuddy does not provide trade entries, exits, or signals. It is a risk management tool designed to help you manage open trades and account rules.
❓ Does ChallengeBuddy guarantee passing a prop firm challenge?
No.
ChallengeBuddy helps you follow risk rules, but passing a challenge depends on your own trading decisions and strategy. There are no guarantees in trading.
❓ Which platforms does ChallengeBuddy work on?
ChallengeBuddy works with MetaTrader 5 (MT5).
Ctrader will be available soon.
❓ How many accounts can I use it on?
Each purchase includes 2 licenses, allowing you to use ChallengeBuddy on up to two trading accounts.
If you need more accounts, simply purchase additional licenses.
❓ Is this a one-time purchase or a subscription?
This is a one-time purchase.
There are no subscriptions and no recurring fees.
❓ What kind of protections does ChallengeBuddy provide?
ChallengeBuddy can help with:
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Trailing stops
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Daily and overall loss protection
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Automatic trade closure at profit targets (for example: -4% or +10%)
- Watch trades at night
All settings are configurable by the user.
❓ Can I use it with any prop firm?
ChallengeBuddy is designed to be prop-firm friendly, but each firm has different rules.
You are responsible for configuring the bot according to your specific prop firm requirements.
❓ Will ChallengeBuddy trade for me?
No.
ChallengeBuddy does not open trades. It only manages risk on trades you already take.
❓ Is ChallengeBuddy beginner-friendly?
Yes.
Setup is straightforward, and clear instructions are provided. However, a basic understanding of MT5 is recommended.
❓ What happens after I purchase?
After checkout, you receive:
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Instant digital access
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Instructions to install ChallengeBuddy
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Access to the license portal to activate your licenses
❓ Do you offer refunds?
Due to the digital nature of ChallengeBuddy, all sales are final once access or licenses are delivered.
Please review the product details carefully before purchasing.