Frequently Asked Questions

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General information

What is Hoorah, and how does it work?

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Hoorah is a proprietary platform offering two main options: the 3-Step Challenge and Instant Funding. With the 3-Step Challenge, users can choose their starting balance and account type to earn a funded account through a series of steps. After completing the challenge, users can scale their funded account risk-free by demonstrating consistent performance. Instant Funding allows users to pay a one-time fee to immediately receive a funded account of $5k or $50k, without scaling options.

What is Instant Funding?

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With Instant Funding, you pay a one-time fee to immediately receive a funded account of either $5,000 or $50,000.

What is the 3-Step Challenge

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The 3-Step Challenge allows you to earn a chance for a funded account by completing 3 steps to prove your skills. You can choose your starting balance and account type, with unlimited tries and unlimited trading days while subscribed.

Challenge and Scaling

How do I get a $1,000,000 funded account?

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To get a $1,000,000 funded account, you need to reach a $400,000 funded account through the 9-step challenge. After that, you can scale up to $1,000,000 with a one-time fee of $4,999.99.

How do the add-ons work to customize my challenge?

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The add-ons give you the flexibility to adjust key aspects of your challenge. For example, the Profit Accelerator reduces your profit target, and the Risk Manager increases your daily loss limit.

What is the difference between a Standard and Competitive Account in the 3-Step Challenge ?

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Standard accounts require a 5% profit target with a 5% daily loss limit and drawdown, while Competitive accounts have a 6% profit target with stricter risk limits (4% daily loss and drawdown).

What happens if I fail a step in the 3-Step Challenge?

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As long as your subscription is active, you can try the challenge as many times as needed.

Accounts & conditions

Can I trade cryptocurrencies and traditional markets like Forex or stocks?

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Yes, both the 3-Step Challenge and Instant Funding options grant access to a wide range of instruments, including cryptocurrencies, Forex, stocks, commodities, and indices.

What instruments can I trade with my funded account?

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Funded accounts grant access to a wide range of instruments, including Forex, commodities, indices, cryptocurrencies, and stocks.

What is the difference between the 3-Step Challenge and Instant Funding?

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The 3-Step Challenge allows you to choose your starting balance and account type, with scaling options available once you prove your skills. Instant Funding provides immediate access to a funded account of $5,000 or $50,000 with no scaling options.

Payouts & Challenges

How are payouts handled?

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Payouts are processed monthly and can be withdrawn via crypto or bank transfers. Traders must maintain consistent performance and meet payout eligibility criteria.

Platform & Tools

What tools does cTrader provide for tracking my trading performance?

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cTrader offers advanced performance analysis tools to help you monitor your trades, identify trends, and improve your strategies.

Can I use cTrader on both desktop and mobile devices?

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Absolutely! cTrader is accessible across multiple devices, including desktop, mobile, and web, allowing you to trade anytime, anywhere.

Can I use cTrader to manage my funded account?

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Yes, cTrader is the exclusive platform for managing your funded account, offering advanced tools and seamless cross-device trading.

What instruments can I trade on the platform?

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Hoorah supports trading multiple instruments, including forex, commodities, indices, cryptocurrencies, and stocks, through a versatile platform accessible on various devices.

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