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Frequently Asked Questions
Why Y3S
What is Y3S?
What is the Y3S Challenge?
Why should I choose the Y3S Challenge?
How is Y3S different from typical prop firms?
Is Y3S a regulated financial institution?
Who can use the Y3S platform?
What languages does the Y3S platform support?
How can I contact Y3S?
How Y3S Challenge Works
How does a Y3S Challenge participant become a funded trader?
What are the individual phases?
What is a profitable day?
How does Y3S help me succeed, rather than just "waiting for me to fail"?
Can I have multiple accounts?
Is the Challenge fee refunded after successful completion?
Trading Platforms & Tools
Which trading platforms can I use?
Can I change the trading platform during a Challenge?
Which instruments can I trade?
Can I use Expert Advisors (EAs) or automated trading?
Trading Rules
Is Stop-Loss mandatory?
What is the minimum trade duration?
Are there restrictions related to news events?
Can I hold positions over the weekend?
Which trading strategies are prohibited?
What is Toxic Order Flow?
Do I have to close positions overnight?
Funded Account & Payouts
What benefits do I get from a funded account in Phase 3?
How does the profit split work?
When can I request the first payout?
How does Y3S support long-term growth and not just a "lucky shot"?
What conditions must be met to request a payout?
Is there a maximum payout limit?
How long does payout processing take?
Can profits from prohibited trading be paid out?
Do I have to pay tax on rewards?
Fees & EU Client Rights
Why is the Challenge fee-based?
What payment methods are accepted?
Are there any recurring fees?
When does the fee become non-refundable?
Can I request a refund before voucher activation?
What law governs my contract with Y3S?
Where can I resolve a dispute?
What happens if I don't activate the voucher within 30 days?
When will I receive an invoice?
KYC, Tech & Extras
When is KYC required?
What documents are required?
Is there a free option before I pay for a Challenge?
What support can I expect from Y3S?
Can someone else complete KYC on my behalf?
What happens if my payout is blocked due to failed KYC?
Can I appeal a decision?
What happens if my account is inactive?
How are Challenge rules automatically enforced?
Is there a delay in price data?
NFT & Burn Mechanisms
Is a burn transaction reversible?
How long are vouchers valid?
Can I combine multiple vouchers?
Can I skip Phases using vouchers or NFTs?
Does burning an NFT have tax implications?