99FX Funded Account Contest (Feb 2026): How to Win a Free $10,000 Account
In the Proprietary Trading industry, the biggest challenge for talented traders is often not their ability to read the market, but the initial capital to pay for the exam fee (Challenge Fee). This fee can range from $100 to $500, a significant amount for many people.
However, at the beginning of 2026, a golden opportunity has emerged from a UK-based broker, 99FX. They have launched a "Funded Account Contest" that is 100% Free. This is not just an ordinary demo contest; it is a shortcut to getting a real account worth $10,000 without spending a single penny.
If you feel you have the discipline and a solid strategy, this article will dissect in detail the ground rules, prize structure, and "secret" strategies to beat thousands of other participants in an intense 7-day trading duration.
What Is the 99FX Challenger 1-Step Contest?
The 99FX Funded Account Contest is a trading competition held in a demo environment. Participants are given a virtual account of $10,000 and must trade for 7 full days (February 01-07, 2026). The goal is simple: Score the highest profit percentage while strictly adhering to risk management rules.
What makes this contest special in 2026 is its format using the "Challenger 1-Step". This reflects the condition of modern prop firm challenges that are more concise, rather than lengthy 2-phase challenges.
Prize Structure: Why You Should Join?
Unlike other contests that only give small cash prizes, 99FX gives Career Assets. Winners do not get pocket money, but "Working Capital" to generate long-term income.
| Rank | Main Prize | Special Value |
|---|---|---|
| 🥇 1st Place | $10,000 99FX GoFunded Account | Pre-Passed Account (Direct Live Account without further testing!) |
| 🥈 2nd Place | $10,000 Challenger 1-Step Account | Free 1-Phase Test Account |
| 🥉 3rd Place | $10,000 Challenger 2-Step Account | Two Test Accounts (Double Chance) |
Note the difference: The 1st Place winner gets a "Pre-Passed" account. This means you are funded immediately. You can start trading and withdrawing profits (profit split) the following month. This is the highest value prize in the prop firm industry today.
Ground Rules: Don't Get Disqualified!
Many aggressive traders are eliminated on the first day for ignoring drawdown rules. Remember, the judges are looking for a "Disciplined Trader", not a "Gambler". Here are the strict parameters you must adhere to:
1. Maximum Daily Drawdown: 3%
This is the strictest rule. From the $10,000 capital, you must not lose more than $300 in a single day (based on Equity or Balance, whichever comes first).
Implication: If you open too large a position and the market moves against you even slightly, you are instantly eliminated (Disqualified).
2. Overall Drawdown (Max Trailing): 6%
The total account loss must not exceed $600 from the initial balance. If your equity touches $9,400, it's game over.
3. Duration: 7 Trading Days
The contest period is very short (Feb 01 - Feb 07). You don't have time for long-term Swing Trading strategies. You must actively seek opportunities.
Winning Strategy: How to Beat Thousands of Participants?
Becoming a champion among thousands of traders requires a combination of Skill and Mathematics. Here is the strategy we recommend for this February 2026 edition:
1. Day 1-2 (Accumulation Phase): Do not go Full Margin immediately. Use 1% risk per trade. The goal is to build a "profit cushion" (buffer). If you profit $200 on the first day, you have more room to be aggressive the next day.
2. Avoid Blind "News Spike": Although news volatility (NFP/FOMC) is tempting, spreads often widen which can trigger your 3% drawdown limit instantly. Enter after the news direction is confirmed.
3. Focus on Gold (XAUUSD): In a 7-day contest, currency pairs (Forex) are often too slow. XAUUSD or Indices (US30) provide the volatility needed to chase high ROI in a short time.
4. Calculate Lots with Precision: With a daily loss limit of $300, your Stop Loss must be very tight. Do not just shoot huge lots without a calculator.
Is 99FX Safe & Legit?
Before you spend a week trading, it's natural to ask about the organizer's credibility. Based on the latest 2026 corporate data:
- Legal Entity: 99FX LTD is registered in the United Kingdom with Company Number 15840897.
- Office Address: 124-128 City Road, London, EC1V 2NJ.
- Platform: They use cTrader, a premium platform known for transparency and being hard for market maker brokers to manipulate. This adds trust points that price execution in the contest is fair.
FAQ (Frequently Asked Questions)
Is it really free?
Yes. There are no hidden registration fees. You just need to register before January 31, 2026.
How is the winner determined?
The winner is the trader with the Highest Profit Percentage at the end of the period (Feb 07) who has NEVER violated the Drawdown rules (3% Daily / 6% Total).
Can I re-register if I lose?
In one contest period, you are only allowed to have one account. If you are disqualified (hit the drawdown limit), you must wait for the next contest round.
Registration Time Remaining: Very Limited!
Don't let the 999th slot be taken by someone else. Prove your trading ability and claim the $10,000 account.
REGISTER FOR CONTEST NOW (FREE) 🚀Registration closes automatically on January 31, 2026.
By: FXBonus Team
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