Phase 1 Profit Target (Challenge Phase)
10% | The account balance (not equity) must reach 10% profit relative to starting account balance. All positions must be closed.
Example:
Starting Account Balance = $100,000
Profit Target = $10,000
Rules and Objectives (Hard Breach)
Any violation of a hard breach rule or trading objective will result in the immediate termination of the account.
What happens when I violate a rule or objective?
What happens when I violate a rule or objective?
Account Termination | In the event of a trading rule or objective being violated, the trader will lose trading access and privileges. To continue the evaluation and receive a funded account, the trader must go through a new evaluation.
No liability | The trader has no liability to any of the losses. This is the same for funded traders. However, any profit that they have made in the funded account during the trading period will be forfeited.
Violation Detection Process
We utilize three different scanning methods to ensure compliance with our trading rules:
Live Scanning: Continuous monitoring during the challenge phase.
Post-Challenge Scanning: In-depth analysis of trade logs after completing the challenge.
Manual Review: A thorough review before transitioning to a funded account or after a payout request.
Even if the system does not automatically mark an account as "Failed" immediately after a violation, accounts will still be reviewed at later stages.
If a violation is detected at any point, the account will be subject to termination.
Daily Loss Limit: 4%
Daily Loss Limit: 4%
4% | Current equity or balance must not reach -4% of the challenge account size relative to starting day's balance
Example:
Challenge account size = $100,000
5% of Challenge account size = -$4,000
Starting Day's Balance = $105,000
Max. Daily Loss = $101,000
At any point within that day, the current equity or balance must not drop to $101,000.
Maximum Loss Limit: 5%
Maximum Loss Limit: 5%
5% | Current equity or balance must not reach -5% of the challenge account size relative to the highest recorded account balance.
This trails higher as the account balance increases.
Example:
Challenge Account Size: $100,000
5% of Challenge Account Size: $5,000
Highest Recorded Balance: $106,000
Max. Overall Loss: $101,000
At any point during the evaluation, the current equity or balance must not drop to $101,000.
Inactivity Rule: 30 days
Inactivity Rule: 30 days
For both Challenge and Funded accounts:
If a trader does not place any trades for 30 days, their account will fail.
Once the account has failed, it cannot be reactivated.
Consistency is key to trading success, as regular participation and discipline help traders develop strong strategies and long-term profitability. By ensuring that only active traders maintain access, we can effectively allocate resources to those who are fully engaged in managing their accounts, creating a fair and competitive trading environment.
Unrealistic Trading Practices
Unrealistic Trading Practices
What are Unrealistic Trading Practices?
Unrealistic trading practices refer to strategies or behaviors that are not indicative of genuine market analysis or sustainable trading. These include trades with extremely short holding times, which do not reflect realistic market conditions.
Volume-Weighted Average Holding Time (VWHT) Requirement:
To promote realistic trading behavior, all trades must meet a minimum VWHT threshold.
Holding Time: Duration (in minutes) a position is held before being closed.
Trade Volume: Size of the position for each trade.
VWHT Below 2 Minutes:
If your VWHT is less than 2 minutes, your account will be flagged for Unrealistic Trading Practices.
Action Taken: The account will be terminated with the reason: "Unrealistic Trading Method."
HFT Restrictions:
High-frequency trading strategies (including trades lasting 0–15 seconds) are considered unrealistic and unsustainable due to the inability to replicate such methods under live market conditions.
Is HFT allowed? - Not allowed
Is HFT allowed? - Not allowed
High-Frequency Trading (HFT): Not allowed due to the challenges in replicating such strategies in live market conditions. This includes trades lasting 15 seconds or less, which are unsustainable due to latency limitations between funded traders' accounts and our master account.
Is Grid Trading allowed? - Not Allowed
Is Grid Trading allowed? - Not Allowed
At FundingTraders, we are committed to promoting responsible and fair trading practices that align with industry standards and protect both the platform and our community of traders. To maintain this standard, certain strategies that pose excessive risk or have the potential to manipulate market activity are not allowed. One such strategy is Grid Trading.
What is Grid Trading?
Grid trading is a strategy where traders place multiple buy and sell orders at various price levels above and below the current market price. The intention is to profit from price movements within a set range, capturing gains as the market fluctuates between these levels.
For example, a trader might place buy orders at $100, $105, and $110, and sell orders at $115, $120, and $125. As the market moves up and down within this range, each executed trade can yield a small profit. However, if the market moves sharply in one direction, such as dropping below $100, all the buy orders may be triggered, resulting in significant cumulative losses.
Why Grid Trading is Prohibited
Grid trading is not allowed for the following reasons:
Risk Amplification: This strategy can quickly escalate into large drawdowns during volatile or trending market conditions.
Market Manipulation: The nature of placing numerous layered orders can give the illusion of abnormal market activity, which contradicts our policy of fair usage.
Violation of Fair Trading Principles: We prioritize strategies that promote responsible risk management. Grid trading conflicts with these values due to its inherently aggressive and high-risk approach.
Not Allowed | To ensure a safe, transparent, and fair trading environment for all our users, Grid Trading is strictly prohibited. Traders found using this strategy may face consequences, including potential disqualification from their funded accounts. We encourage all traders to adopt strategies that align with our core principles of disciplined and ethical trading.
If you have any questions about permitted strategies or need clarification, feel free to reach out to our support team([email protected]).
Additional Rules
Is copy trading allowed? - Allowed, terms apply
Is copy trading allowed? - Allowed, terms apply
Allowed | Copy Trading Policy
Using copy trading software to copy trades between FundingTraders accounts is allowed.
Using copy trading software to copy trades from your accounts on other brokers/firms into your FundingTraders account is allowed.
Copy trading to other traders’ accounts is prohibited and may result in a violation under the Terms of Use Agreement.
Sharing signals with other traders is also not allowed.
Are EA/Bots allowed? - Allowed, terms apply
Are EA/Bots allowed? - Allowed, terms apply
EAs/Bots: Allowed, but only those focused on risk management, as they promote disciplined and sustainable trading.
Example:
EAs: Position Size Calculator
Bots: Auto-position Size Execution
If you intend to use an EA or Bot, consult with us to ensure eligibility and compatibility with our platform.
Restricted Practices:
Off-the-Shelf EAs/Bots: Pre-built EAs purchased online are not permitted unless they serve risk management purposes.
Grid Trading EAs/Bots: Not allowed.
Hedge Trading EAs/Bots: Not allowed.
Scaling-In During Drawdowns: Only permitted once per drawdown.
Is news trading allowed? - Allowed, terms apply
Is news trading allowed? - Allowed, terms apply
Unlike the other account types (Next Gen and Instant Funded), Swing accounts are allowed to hold trade through news events.
There is only one news trading restriction that applies to Swing accounts:
Profits from trades opened within 5 minutes before a medium or high-impact news event will be deducted.
This rule ensures that swing accounts are not used for gambling during news events.
News Trading Guidelines
Restricted News Window: Opening of trades 5 minutes before a medium or high-impact event
News Source: Events classified by ForexFactory as medium or high impact.
Applies To: Currency pairs and indices affected by the relevant news.
Scenario | Result |
Trade opened 5+ hours before news & closed within window | Profits allowed |
Trades opened 5 minutes before news and held through the news | Profits allowed |
Trades opened within 5 minutes before news | Profits deducted |
Important: For Speech Events - from 5 minutes before the speech starts until 5 minutes after it ends.
Macroeconomic Announcements (⬅️Click Here)
Macroeconomic Announcements (⬅️Click Here)
Asset | News |
USD |
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EUR |
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GBP |
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CAD |
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AUD |
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NZD |
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CHF |
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JPY |
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Other:
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Guidelines
Swaps - None
Swaps - None
Swap fees are not applicable to Swing Accounts
No add-on needed to avoid Swap Fees
Commission: $6/lot
Commission: $6/lot
This is applied to all instruments.
No commission on challenge phase
Add-ons: Swap-free, Zero Commissions
Funded accounts without "Swap-free, Zero Commissions" add-on are subject to a $6/lot commission round-trip.
Leverage - 1:30
Leverage - 1:30
Up to 1:30 | Leverage varies for different instruments:
Instrument | Leverage |
FX | 1:30 |
Exotics | 1:20 |
Metals | 1:9 |
Indices | 1:15 |
Commodities | 1:1 |
Crypto | 1:1 |
Minimum Trading Days - 4 days
Minimum Trading Days - 4 days
Note: Trading days are applied to both Challenge and Funded Swing Accounts
This also applies to any account size.
Is trading from multiple IP Addresses allowed? - Allowed
Is trading from multiple IP Addresses allowed? - Allowed
Allowed | While we do not have a strict rule against trading from multiple IP addresses, traders must exercise caution to ensure the safety of their accounts. It's crucial for traders to take responsibility for keeping their accounts secure and to avoid potential security risks.
Are VPNs allowed? - Allowed
Are VPNs allowed? - Allowed
Allowed | Traders are allowed to use VPNs for enhanced online security while trading on our platform. We prioritize privacy and flexibility, enabling traders to safeguard their accounts and trade with confidence. However, it's essential for traders to take responsibility for keeping their accounts secure by maintaining login credentials and remaining vigilant against potential threats.
Can I hold trades overnight/weekend allowed? - Allowed
Can I hold trades overnight/weekend allowed? - Allowed
Allowed | You are allowed to hold trades overnight and over the weekends.
While this flexibility is advantageous, it's vital to remain aware of specific considerations:
Widened Spreads on Daily Rollover: When the Asian market opens, you may encounter widened spreads. It's important to factor this into your trading strategy and be prepared for potential changes in market conditions during this period.
Wider than Usual Spreads on Monday Asia Open (Over the Weekend): Over the weekend, market dynamics can lead to wider spreads when trading resumes at the Monday Asia Open. This is a typical occurrence and should be considered in your risk management plan.
Swap Rates: Please note that swap rates apply. Be sure to review the terms and conditions related to swap rates if they are relevant to your trading account type.
By staying informed about these aspects and incorporating them into your trading strategy, you can make more informed decisions and effectively capitalize on market opportunities while holding trades overnight or over the weekends. At FundingTraders, we aim to provide the support and flexibility necessary for traders to thrive in the dynamic world of financial markets.
Are there any lot size limitations? - None
Are there any lot size limitations? - None
None | Swing traders typically use lower lot sizes due to farther stop loss placement. Vice versa for intraday traders and scalpers.
Note: We focus on the consistency of your position sizing. This includes, but is not limited to, consistently going all in/risking a significant % of your account balance in one trade. Violators are usually those who increase their position sizing during news events.
This will raise red flags and cause the team to investigate your trades - leading to a possible termination of the account due to dangerous risk management.
Stop Loss Requirement - None
Stop Loss Requirement - None
None | Due to many traders using EAs/bots for their risk management automation, we do not require a stop-loss order.
However, we highly suggest that you always place a stop-loss order.
Payout
Minimum Payout Amount - 1%
Minimum Payout Amount - 1%
To be eligible for a payout, you must first earn at least 1% profit of your initial account balance.
Example
Account Size: $100,000
1% of $100,000: $1,000
You must have a balance of at least $101,000 to become eligible for a payout
Profit Split
Profit Split
80-100% | Our default profit split is capped at 80% to the trader and 20% to us.
Add-ons for 90% or 100% profit split is available upon checkout
The minimum payout is $50 profit on any account size
Default Payout Schedule - 14 days
Default Payout Schedule - 14 days
Swing accounts have a bi-weekly payout that must have at least 4 trading days for eligibility
What are the payout methods?
What are the payout methods?
Rise (2-7 business days)
Bank Transfer via Rise | You may receive your payout straight to your bank by using Rise Pay. The minimum payout amount to receive your payout via Rise is $200. User can withdraw via Bank Transfer and Crypto.
1. Sign up for Rise: https://pay.riseworks.io/auth/register
2. Request for payout via the Dashboard
3. Receive payout bonus!
Crypto (24-48 business hours)
Only if Rise is not available to user
Coinbase Commerce | Our choice of payout method is crypto (mainly USDT-ERC20)
Crypto is the fastest method we can process payout commissions (24-48 hours on average). The minimum payout commission requirement is $50.
1. Place your payout request via the Dashboard
2. Request for payout with your Account Number and Crypto Wallet Address
3. Receive payout bonus!
Note: All positions and limit orders must be closed before requesting a payout.
Refund Bonus Upon Payout
Refund Bonus Upon Payout
As part of our commitment to rewarding successful traders, we offer a Refund Bonus once you reach your first payout.
What is the Refund Bonus?
When you successfully reach your first payout, we will refund the amount you paid for your evaluation phase.
🔁 How is the refund processed?
Refund Method: You will receive the refund through your original payment method:
Timing: The refund is issued together with your first profit payout.
📝 Example
If you paid $149 for your evaluation and successfully completed it, your first payout will include your profit share + $149 refund.
❗Important Notes
The refund applies only on your first payout.
Ensure your original payment method is still valid at the time of payout.
In case of payment issues (e.g., expired card), contact our support team to arrange an alternative.