Yes, Shark Futures challenges must be completed within 30 days from the date you start. The rules differ slightly between Basic and Basic Plus accounts.
Basic Challenge — Key Timing Rules
30-day completion window: Your challenge must be passed within 30 calendar days. If you don't reach the profit target within this period, the challenge expires and you will need to reset or repurchase.
Minimum trading days: You must trade on at least 3 separate calendar days to pass a Basic challenge. This ensures you demonstrate consistent trading rather than relying on a single session.
Consistency Rule: Basic accounts follow the 40% Consistency Rule — no single profitable trading day may exceed 40% of your total profit. A 0.12% buffer is applied.
Trading session restrictions: All positions must be closed by 4:15 PM EST each day. Positions cannot be held over weekends.
Challenge reset: If you fail a challenge — either by violating a trading rule or by not passing within 30 days — you can reset immediately by repurchasing.
Basic Plus Challenge — Key Timing Rules
30-day completion window: Same as Basic — your challenge must be passed within 30 calendar days.
Minimum trading days: Basic Plus requires a minimum of 1 trading day to pass the challenge.
No Consistency Rule: Basic Plus accounts have no consistency requirement. Instead, a Daily Loss Limit applies — your account equity cannot drop by more than the daily limit for your account size within a single trading day.
Daily Loss Limits by account size: $25K = $600 | $50K = $1,250 | $100K = $2,500 | $150K = $3,750
Trading session restrictions: Same as Basic — all positions must be closed by 4:15 PM EST and no weekend holding.
Rules Applicable to Both Basic and Basic Plus
Post-passing activation: After successfully passing a challenge, you have 30 days to activate your PRO Account. If you don't activate within this timeframe, you'll need to pass a new challenge.
Challenge reset: Failed challenges can be reset immediately by repurchasing at a discounted reset fee (use your 10% off reset code).
This 30-day structure encourages focused, consistent trading while giving you ample time to develop your strategy and reach your target without unnecessary pressure.