Free funded forex account

Free funded forex account


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Best forex bonuses


Free funded forex account


Free funded forex account


Free funded forex account


Free funded forex account


We empower forex & stock traders by giving them the necessary funds to earn a full-time income from home. Traders are given the freedom to bring any successful day-trading strategies they may have and apply them !!


Have you got the SKILLS to pay the BILLS?


In order to secure these funds, you just need to pass the evaluation phase. In this FREE evaluation, you will need to deposit a stake to one of the select brokers, trade and we will monitor you for a few months. If you can display the attributes we look for, you’ll unlock the fully funded account.


The 3 simple steps to get funded


Get evaluated with a LIVE trading account

Secure a fully funded account

View our intro video


funded forex account


View our intro video


Funded Trader Logo


Invest responsibly. Trading the FX & stock markets can be challenging and potentially profitable for investors. You should carefully consider your investment objectives, level of experience, risk appetite and whether you can afford to take the risk of losing your evaluation fee.


Start typing and press enter to search


US-based traders


Non US-based traders:


Other non US-based traders


PORTFOLIO MANAGER


A trader who has completed with success the trading evaluation phase, and currently trading for funded trader.


QUALIFY ACCOUNT


The initial balance of the account once a trader successfully meets all of the objectives in the evaluation account.


FULLY FUNDED ACCOUNT


Is the account the trader receives to trade. The fund’s authorised personnel will monitor and evaluate the trading activity in this account to verify the trader is complying with the trading policy of the fund.


PROFIT WITHDRAWAL


A trader is entitled to a share of the profits made in the assigned trading account. In the evaluation phase the trader is entitled to 100% of their profits.


GROWTH SCHEME


Once a trader becomes an official portfolio manager for funded trader, the fund may promote the trader’s account as specified by the growth scheme. Yet it is the sole privilege of the fund to deny or delay promotion or change the promotion terms. The growth scheme may change according to the fund’s decision.


EVALUATION ACCOUNT OBJECTIVES


The trading policy a trader must apply in their trading activity, in order to qualify for a portfolio manager for funded trader.


TRADEABLE SECURITIES


Trading activity is limited to forex majors currencies and their combinations: USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD.


The following is a list of securities permitted to trade:


Forex majors: EURUSD, GBPUSD, USDJPY, USDCAD, AUDUSD, NZDUSD, USDCHF.


Forex majors crosses: AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, GBPNZD, NZDCAD, NZDCHF, NZDJPY


A trader must avoid trading any other securities unless requested and permitted by the funds official representative. Trading securities which are not permitted for trading may result in termination of the fully funded account or failing the evaluation phase.


OWNERSHIP OF FULLY FUNDED ACCOUNTS & FUNDS


It is to be acknowledged and clear; that the fully funded trading accounts and the funds are the sole property of funded trader. The portfolio manager has no rights over any of the properties mentioned.


TRADING TERMS


MAX EXPOSURE


The maximum allowance of lots summarised by all open positions, regardless of the trade direction (long or short). Exceeding the max exposure value, will automatically disqualify the trader and cause the final termination of the fully funded account. Any position at profit with SL above profit (minus commissions and swap charges), may be ignored in calculating the max exposure.


MAX DRAWDOWN


The maximum drawdown allowance in the account. A drawdown (DD) is the maximum change of equity value between the equity peak value and the equity value. This includes closed and open orders. Exceeding the max drawdown limitation, will disqualify the trader and cause the final termination of the fully funded account.


MINIMUM TRADES


Any position must have a hard stop loss value not greater than the value specified. Failing to place stop loss orders will cause the final termination of the fully funded account.


STOP-LOSS PER POSITION


Any position must have a hard stop loss value not greater than the value specified. Failing to place stop loss orders will cause the final termination of the fully funded account.


TIME LIMIT


The period of time that a trader should accomplish the evaluation objectives is up to 6 months. The time limit may be extended if a trader requests it and upon approval from the director of the fund.


PROFIT WITHDRAWALS


Trading on the fully funded account entitles the trader to withdraw profit by the percentage level specified in the plan of choice.
Profits withdrawals are paid in the following possible circumstances:



  1. A trader had completed with success the evaluation objectives.

  2. A trader files a withdrawal request.

  3. A trader was disqualified and the account balance contains profits.

  4. A trader of a fully funded account may apply for a profit withdrawal request only once. Once a profit withdrawal is requested, the fund will close all open positions and any profits will be paid by the specified split.



TERMINATION OF A FULLY FUNDED ACCOUNT


The fund will terminate a fully funded account by the following circumstances:


– A trader has exceeded the maximum drawdown allowance


– A trader has exceeded the maximum exposure allowance


– A trader fails to apply proper stop loss for all trades


A terminated account will not be recovered. Once a trader has been disqualified while profits exist in the account, the fund will close all open orders and terminate the account from further trading. Any profits will be paid out by the specified split.


The trader of a terminated fully funded account may apply again for a new evaluation phase from the start. The required minimum deposit in the evaluation phase for the chosen account (regardless of the amount) would become payable again in the event the trader wanted to get evaluated again.


PORTFOLIO MANAGER


A trader who had completed with success the trading evaluation phase and currently trading for funded trader.


QUALIFY ACCOUNT


The initial balance of the account once a trader successfully meets all of the objectives in the evaluation account.


TP EVALUATION ACCOUNT


(take profit evaluation account) is the account the trader receives to trade. The fund authorised personnel will monitor and evaluate the trading activity in this account to verify the trader is complying with the trading policy of the fund. The evaluation account balance is lower by one half of the portfolio account balance, received once the trader is qualified. E.G. To qualify for a fully funded $50,000 account, a trader must trade an evaluation account of a $25,000.


PROFIT WITHDRAWAL


A trader is entitled to a share of the profits made in the assigned trading account, whether it is on an evaluation account or in a portfolio manager account.


GROWTH SCHEME


Once a trader becomes an official portfolio manager for funded trader, the fund may promote the trader’s account as specified by the growth scheme. By default, any portfolio manager for the funded trader. Yet it is the sole privilege of the fund to deny or delay promotion or change the promotion terms. The growth scheme may change according to the fund’s decision.


EVALUATION ACCOUNT OBJECTIVES


The trading policy a trader must apply in their trading activity in order to qualify for a portfolio manager position with funded trader.


EVALUATION ACCOUNT FEE


A fee a trader pays to the fund for the privilege to receive a real money trading account with profit sharing and to be evaluated by the fund’s trading directors for becoming a portfolio manager for funded trader. This is non-refundable once a trader has received access to their LIVE account or commenced trading activity.


EVALUATION ACCOUNT TRADING GUIDELINES & OBJECTIVES


Meeting all the following guidelines and objectives entitles the trader to perform as a portfolio manager for funded trader, with a fully funded trading account.


TRADEABLE STOCKS


Traders are limited to trading stocks on the AMEX, NASDAQ and new york stock exchange (NYSE). Platform accessibility is during US market hours (9:30 a.M. To 4 p.M. EST, except stock market holidays). US based traders are not eligible for stock funded accounts. A trader must avoid trading any other stocks unless requested and permitted by the funds official representative. Trading stocks which are not permitted for trading may result a termination of the evaluation or fully funded account.


OWNERSHIP OF ACCOUNTS, TECHNOLOGY AND FUNDS


It is to be acknowledged and clear; that the trading accounts, the technology, software, the funds worth are the sole property of funded trader. The portfolio manager has no rights over any of the properties mentioned.


TRADING TERMS


MAX TRADE SIZE


Exceeding the max trade value, will automatically disqualify the trader, and cause the final termination of the evaluation or fully funded account. Any position at profit with SL above profit (minus commissions and swap charges), may be ignored in calculating the max exposure.


MAX DRAWDOWN


The maximum drawdown allowance in the account. A drawdown (DD) is the maximum change of equity value between the equity peak value and the trough equity value. This includes closed and open orders. Exceeding the max drawdown limitation, will disqualify the trader, and cause the final termination of the evaluation or fully funded account.


MINIMUM TRADES


The minimum count of trades required in the evaluation account is 40. A trader must exceed the number of minimum trades to qualify for a portfolio manager account.



  • TIME LIMIT – the period of time that a trader should accomplish the evaluation objectives is up to 6 months. After the due date, the account will be terminated and the trader will be disqualified. If any profits exist in the account, the fund will send the trader’s share of profits. The time limit may be extended if a trader request from the fund, and by the fund directors approval.



PROFIT WITHDRAWALS


Trading on the TP evaluation account entitles the trader to withdraw profit by the percentage split specified in the plan of choice.
Profit withdrawals are paid in three possible circumstances:



  1. A trader had completed with success the evaluation objectives.

  2. A trader files a withdrawal request.

  3. A trader was disqualified and the account balance contains profits.



  • Once a trader completed with success the evaluation objective, the fund will terminate the account, pay out the profits for the trader by the specified split, and reward the trader with a new portfolio manager account.

  • A trader of an evaluation account may apply for a profit withdrawal request only once. Once a profit withdrawal is requested, the fund will close all open positions, terminate the account and the trader is announced disqualified. Any profits will be paid by the specified split.

  • Once a trader has been disqualified while profits exist in the account, the fund will close all open orders and terminate the account from further trading. Any left profits will pay out by the specified split.



TERMINATION OF AN EVALUATION ACCOUNT


The fund will terminate an evaluation account by the following circumstances:


– A trader had exceeded the maximum drawdown allowance


– A trader had exceeded 50% of the allowable maximum drawdown within 3 months or less


– A trader had exceeded the maximum trade size allowance


– A trader had exceeded the time limit without accomplishing the evaluation objectives


– A trader had exceeded the maximum daily loss allowance 3 times or more


Once an evaluation account is terminated, it will be disabled from further future trading. A terminated account will not be recovered. A trader of a terminated evaluation account may apply again for new evaluation plan from start. The current evaluation fee for the chosen account, regardless of the amount of the original fee paid, would become payable again in the event the trader wanted to open another trading account.


The scope of this privacy policy


Effective date: 1 january 2020. This privacy policy outlines what types of information are collected from our account holders, users, and visitors (“you”, “your” or “user”), to whom it may be disclosed, and how that information may be used by funded trader. (“funded trader”, “we”, “our” or “us”), as each of the foregoing relates to your use of funded trader web site, (the “site”). Please read our privacy policy carefully to get a clear understanding of how we collect, use, protect or otherwise handle your personally identifiable information in accordance with our website. By using our website you agree that you have read, understood, and consented to this privacy policy and our terms of use. We reserve the right to change this policy including altering the purposes for which it processes your personal information. In the event that funded trader considers it appropriate to make any such change, the policy will be updated and posted on our site. Your continued use of the site will constitute acceptance of those changes. The date on which the then current privacy and cookie policy came into force will be as stated at the top of this privacy policy.


Collection of personal data


By providing us with your personal information, you explicitly consent to us processing and disclosing your personal information for the purposes, and otherwise in the manner set out in this policy, or as otherwise provided in accordance with the terms and conditions.


Collection of personally identifiable information (PII)


PII, as used in privacy and electronic communications regulations, is information that can be used on its own or with other information to identify, contact, or locate a single person, or to identify an individual in context.


When do we collect information?


We collect information from you when you subscribe to a newsletter or enter information on our site.


Types of data collected


Personal data


While using our service, we may ask you to provide us with certain personally identifiable information that can be used to contact or identify you (“personal data”). Personally, identifiable information may include, but is not limited to:


First name and last name


Address, state, province, ZIP/postal code, city


Purposes for personal data collection


Analytics to gather metrics to better understand how users access and use the sites and services; to evaluate and improve the sites and services; and to develop new products and services.


Provide our services to provide the services we offer on our sites and to communicate with you about your use of our site or services, to respond to your inquiries, to provide troubleshooting, and for other customer services designed to make your experience better.


Comply with the law to comply with legal obligations, as part of our general business operations, and for other business administration purposes.


Personalisation to tailor the content and information that we may send or display to you, to suggest personalised help and instructions, and to otherwise personalise your experience while visiting or using our site.


Provide our services to provide the services we offer on our site, to communicate with you about your use of our site, to respond to your inquiries, to provide troubleshooting, and for other customer services designed to make your experience better.


Marketing and promotions for marketing and promotional purposes, such as to send you news and updates, special offers, and promotions, or other otherwise contact you about products, services, or information we think may interest you, including information about third party products and services.


Purposes for the collection of personally identifiable information


We may use the information we collect from you when you register, make a purchase, sign up for our newsletter, respond to a survey or marketing communication, surf the website, or use certain other site features in the following ways:


To administer a contest, promotion, survey or other site feature


To send periodic emails regarding your order or other products and services


Cookies


We use cookies and other similar technologies, including log data, on our site to distinguish you from other users of our websites and apps (including when you browse third party websites). This helps us to provide you with a good experience when you use our services. We also use cookies and similar technologies to show you more personalised advertising. You may adjust the settings on your browser to refuse cookies but some of our services may not work if you do so. Examples of cookies we use include:


Session cookies we use session cookies to operate our service.


Preference cookies we use preference cookies to remember your preferences and various settings.


Security cookies we use security cookies for security purposes.


Disclosure of personally identifiable information & data legal requirements


Funded trader may disclose your personal data in the good faith belief that such action is necessary to:


To protect against legal liability


To comply with a legal obligation


To prevent or investigate possible wrongdoing in connection with the service


To protect and defend the rights or property of funded trader


To protect the personal safety of users of the service or the public


Security of data


We recognise that online security is an area of vital importance for all our customers. It is imperative that you should have full confidence that your personal details are secure. We employ security measures to protect your information from access by unauthorised persons and to prevent unlawful processing, accidental loss, destruction and damage. In order to protect both ourselves and our customers from identity theft we may verify the information you have provided with our banking institutions over secure lines. Again this is carried out in accordance with our data protection obligations. Please keep in mind that no method of transmission over the internet, or method of electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your personal data, we cannot guarantee its absolute security.


Service providers


We may employ third party companies and individuals to facilitate our service (“service providers”), to provide the service on our behalf, to perform service-related services or to assist us in analysing how our service is used. These third parties have access to your personal data only to perform these tasks on our behalf and are obligated not to disclose or use it for any other purpose.


Analytics


We may use third-party service providers such as google to monitor and analyse the use of our service. Vendors, such as google use first-party cookies (such as the google analytics cookies) and third-party cookies (such as the doubleclick cookie) or other third-party identifiers together to compile data regarding user interactions with ad impressions, and other ad service functions as they relate to our website.
Opting out: users can set preferences for how google advertises to you using the google ad settings page. Alternatively, you can opt out by visiting the network advertising initiative opt out page or permanently using the google analytics opt out browser add on.



Our service may contain links to other sites that are not operated by us. If you click on a third party link, you will be directed to that third party’s site. We strongly advise you to review the privacy policy of every site you visit. We have no control over and assume no responsibility for the content, privacy policies or practices of any third party sites or services.


Children’s privacy


The funded trader site is not intended for use by minors under the age of 18 and are not targeted to children. We do not knowingly collect information from children under the age of 16, solicit information from such children, or market products to such children.



Free funded forex account


Once you have generated 3-6 months of trading history and are able to display the criteria listed above, you will secure the fully funded account and earn an income from your profitable trading. This account has guidelines however you will be glad to hear that, we will consider offering more elbowroom for traders, whose strategies require it. Unlike the evaluation, (where you keep all profits), once fully funded we will pay-out 50% of your generated profits on a monthly basis and will also DOUBLE your account every time you hit your target.


Formula: $ drawdown = realised or unrealised account- highest realised acct balance.


Example: on 3rd june the account realised value was $12,500. On 6th june, the account equity value (unrealised value) was $12,200


Formula: max exposure = position 1[lots] + position 2[lots] + position 3[lots]…


Example: at given time there are 4 open position, 0.15L BUY GBPUSD, 0.10L SELL CHFUSD, 0.15L BUY EURUSD, 0.05L BUY EURJPY


Terms & conditions apply


$180,000 USD | 7% draw down | 20% target


PLEASE NOTE: THIS IS THE FULLY FUNDED ACCOUNT YOU ARE TRYING TO OBTAIN

Each account on offer is subject to a FREE evaluation phase, meaning that in order for you to secure the fully funded account we will evaluate you to assess how you trade.


In order to get evaluated you will need to:


Sign up for a live MT4 or MT5 account via one of the select brokers


Deposit the minimum required amount for the desired account


Fill out this form once you have completed the steps above


There are no guidelines and we encourage you to utilise any trading strategies you may have – our main concerns are:


Your account will need to be profitable from a net $ dollar and % return after the last trading month of your evaluation


Your ability to responsibly manage risk and minimise losses


Your ability to leverage risk to your advantage to make a profit


Once you have generated 3-6 months of trading history and are able to display the criteria listed above, you will secure the fully funded account and earn an income from your profitable trading. This account has guidelines however you will be glad to hear that, we will consider offering more elbowroom for traders, whose strategies require it. Unlike the evaluation, (where you keep all profits), once fully funded we will pay-out 50% of your generated profits on a monthly basis and will also DOUBLE your account every time you hit your target.


Formula: $ drawdown = realised or unrealised account- highest realised acct balance.


Example: on 3rd june the account realised value was $12,500. On 6th june, the account equity value (unrealised value) was $12,200


Formula: max exposure = position 1[lots] + position 2[lots] + position 3[lots]…


Example: at given time there are 4 open position, 0.15L BUY GBPUSD, 0.10L SELL CHFUSD, 0.15L BUY EURUSD, 0.05L BUY EURJPY


Terms & conditions apply


Funded Trader Logo


Invest responsibly. Trading the FX & stock markets can be challenging and potentially profitable for investors. You should carefully consider your investment objectives, level of experience, risk appetite and whether you can afford to take the risk of losing your evaluation fee.


Start typing and press enter to search


US-based traders


Non US-based traders:


Other non US-based traders


PORTFOLIO MANAGER


A trader who has completed with success the trading evaluation phase, and currently trading for funded trader.


QUALIFY ACCOUNT


The initial balance of the account once a trader successfully meets all of the objectives in the evaluation account.


FULLY FUNDED ACCOUNT


Is the account the trader receives to trade. The fund’s authorised personnel will monitor and evaluate the trading activity in this account to verify the trader is complying with the trading policy of the fund.


PROFIT WITHDRAWAL


A trader is entitled to a share of the profits made in the assigned trading account. In the evaluation phase the trader is entitled to 100% of their profits.


GROWTH SCHEME


Once a trader becomes an official portfolio manager for funded trader, the fund may promote the trader’s account as specified by the growth scheme. Yet it is the sole privilege of the fund to deny or delay promotion or change the promotion terms. The growth scheme may change according to the fund’s decision.


EVALUATION ACCOUNT OBJECTIVES


The trading policy a trader must apply in their trading activity, in order to qualify for a portfolio manager for funded trader.


TRADEABLE SECURITIES


Trading activity is limited to forex majors currencies and their combinations: USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD.


The following is a list of securities permitted to trade:


Forex majors: EURUSD, GBPUSD, USDJPY, USDCAD, AUDUSD, NZDUSD, USDCHF.


Forex majors crosses: AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, GBPNZD, NZDCAD, NZDCHF, NZDJPY


A trader must avoid trading any other securities unless requested and permitted by the funds official representative. Trading securities which are not permitted for trading may result in termination of the fully funded account or failing the evaluation phase.


OWNERSHIP OF FULLY FUNDED ACCOUNTS & FUNDS


It is to be acknowledged and clear; that the fully funded trading accounts and the funds are the sole property of funded trader. The portfolio manager has no rights over any of the properties mentioned.


TRADING TERMS


MAX EXPOSURE


The maximum allowance of lots summarised by all open positions, regardless of the trade direction (long or short). Exceeding the max exposure value, will automatically disqualify the trader and cause the final termination of the fully funded account. Any position at profit with SL above profit (minus commissions and swap charges), may be ignored in calculating the max exposure.


MAX DRAWDOWN


The maximum drawdown allowance in the account. A drawdown (DD) is the maximum change of equity value between the equity peak value and the equity value. This includes closed and open orders. Exceeding the max drawdown limitation, will disqualify the trader and cause the final termination of the fully funded account.


MINIMUM TRADES


Any position must have a hard stop loss value not greater than the value specified. Failing to place stop loss orders will cause the final termination of the fully funded account.


STOP-LOSS PER POSITION


Any position must have a hard stop loss value not greater than the value specified. Failing to place stop loss orders will cause the final termination of the fully funded account.


TIME LIMIT


The period of time that a trader should accomplish the evaluation objectives is up to 6 months. The time limit may be extended if a trader requests it and upon approval from the director of the fund.


PROFIT WITHDRAWALS


Trading on the fully funded account entitles the trader to withdraw profit by the percentage level specified in the plan of choice.
Profits withdrawals are paid in the following possible circumstances:



  1. A trader had completed with success the evaluation objectives.

  2. A trader files a withdrawal request.

  3. A trader was disqualified and the account balance contains profits.

  4. A trader of a fully funded account may apply for a profit withdrawal request only once. Once a profit withdrawal is requested, the fund will close all open positions and any profits will be paid by the specified split.



TERMINATION OF A FULLY FUNDED ACCOUNT


The fund will terminate a fully funded account by the following circumstances:


– A trader has exceeded the maximum drawdown allowance


– A trader has exceeded the maximum exposure allowance


– A trader fails to apply proper stop loss for all trades


A terminated account will not be recovered. Once a trader has been disqualified while profits exist in the account, the fund will close all open orders and terminate the account from further trading. Any profits will be paid out by the specified split.


The trader of a terminated fully funded account may apply again for a new evaluation phase from the start. The required minimum deposit in the evaluation phase for the chosen account (regardless of the amount) would become payable again in the event the trader wanted to get evaluated again.


PORTFOLIO MANAGER


A trader who had completed with success the trading evaluation phase and currently trading for funded trader.


QUALIFY ACCOUNT


The initial balance of the account once a trader successfully meets all of the objectives in the evaluation account.


TP EVALUATION ACCOUNT


(take profit evaluation account) is the account the trader receives to trade. The fund authorised personnel will monitor and evaluate the trading activity in this account to verify the trader is complying with the trading policy of the fund. The evaluation account balance is lower by one half of the portfolio account balance, received once the trader is qualified. E.G. To qualify for a fully funded $50,000 account, a trader must trade an evaluation account of a $25,000.


PROFIT WITHDRAWAL


A trader is entitled to a share of the profits made in the assigned trading account, whether it is on an evaluation account or in a portfolio manager account.


GROWTH SCHEME


Once a trader becomes an official portfolio manager for funded trader, the fund may promote the trader’s account as specified by the growth scheme. By default, any portfolio manager for the funded trader. Yet it is the sole privilege of the fund to deny or delay promotion or change the promotion terms. The growth scheme may change according to the fund’s decision.


EVALUATION ACCOUNT OBJECTIVES


The trading policy a trader must apply in their trading activity in order to qualify for a portfolio manager position with funded trader.


EVALUATION ACCOUNT FEE


A fee a trader pays to the fund for the privilege to receive a real money trading account with profit sharing and to be evaluated by the fund’s trading directors for becoming a portfolio manager for funded trader. This is non-refundable once a trader has received access to their LIVE account or commenced trading activity.


EVALUATION ACCOUNT TRADING GUIDELINES & OBJECTIVES


Meeting all the following guidelines and objectives entitles the trader to perform as a portfolio manager for funded trader, with a fully funded trading account.


TRADEABLE STOCKS


Traders are limited to trading stocks on the AMEX, NASDAQ and new york stock exchange (NYSE). Platform accessibility is during US market hours (9:30 a.M. To 4 p.M. EST, except stock market holidays). US based traders are not eligible for stock funded accounts. A trader must avoid trading any other stocks unless requested and permitted by the funds official representative. Trading stocks which are not permitted for trading may result a termination of the evaluation or fully funded account.


OWNERSHIP OF ACCOUNTS, TECHNOLOGY AND FUNDS


It is to be acknowledged and clear; that the trading accounts, the technology, software, the funds worth are the sole property of funded trader. The portfolio manager has no rights over any of the properties mentioned.


TRADING TERMS


MAX TRADE SIZE


Exceeding the max trade value, will automatically disqualify the trader, and cause the final termination of the evaluation or fully funded account. Any position at profit with SL above profit (minus commissions and swap charges), may be ignored in calculating the max exposure.


MAX DRAWDOWN


The maximum drawdown allowance in the account. A drawdown (DD) is the maximum change of equity value between the equity peak value and the trough equity value. This includes closed and open orders. Exceeding the max drawdown limitation, will disqualify the trader, and cause the final termination of the evaluation or fully funded account.


MINIMUM TRADES


The minimum count of trades required in the evaluation account is 40. A trader must exceed the number of minimum trades to qualify for a portfolio manager account.



  • TIME LIMIT – the period of time that a trader should accomplish the evaluation objectives is up to 6 months. After the due date, the account will be terminated and the trader will be disqualified. If any profits exist in the account, the fund will send the trader’s share of profits. The time limit may be extended if a trader request from the fund, and by the fund directors approval.



PROFIT WITHDRAWALS


Trading on the TP evaluation account entitles the trader to withdraw profit by the percentage split specified in the plan of choice.
Profit withdrawals are paid in three possible circumstances:



  1. A trader had completed with success the evaluation objectives.

  2. A trader files a withdrawal request.

  3. A trader was disqualified and the account balance contains profits.



  • Once a trader completed with success the evaluation objective, the fund will terminate the account, pay out the profits for the trader by the specified split, and reward the trader with a new portfolio manager account.

  • A trader of an evaluation account may apply for a profit withdrawal request only once. Once a profit withdrawal is requested, the fund will close all open positions, terminate the account and the trader is announced disqualified. Any profits will be paid by the specified split.

  • Once a trader has been disqualified while profits exist in the account, the fund will close all open orders and terminate the account from further trading. Any left profits will pay out by the specified split.



TERMINATION OF AN EVALUATION ACCOUNT


The fund will terminate an evaluation account by the following circumstances:


– A trader had exceeded the maximum drawdown allowance


– A trader had exceeded 50% of the allowable maximum drawdown within 3 months or less


– A trader had exceeded the maximum trade size allowance


– A trader had exceeded the time limit without accomplishing the evaluation objectives


– A trader had exceeded the maximum daily loss allowance 3 times or more


Once an evaluation account is terminated, it will be disabled from further future trading. A terminated account will not be recovered. A trader of a terminated evaluation account may apply again for new evaluation plan from start. The current evaluation fee for the chosen account, regardless of the amount of the original fee paid, would become payable again in the event the trader wanted to open another trading account.


The scope of this privacy policy


Effective date: 1 january 2020. This privacy policy outlines what types of information are collected from our account holders, users, and visitors (“you”, “your” or “user”), to whom it may be disclosed, and how that information may be used by funded trader. (“funded trader”, “we”, “our” or “us”), as each of the foregoing relates to your use of funded trader web site, (the “site”). Please read our privacy policy carefully to get a clear understanding of how we collect, use, protect or otherwise handle your personally identifiable information in accordance with our website. By using our website you agree that you have read, understood, and consented to this privacy policy and our terms of use. We reserve the right to change this policy including altering the purposes for which it processes your personal information. In the event that funded trader considers it appropriate to make any such change, the policy will be updated and posted on our site. Your continued use of the site will constitute acceptance of those changes. The date on which the then current privacy and cookie policy came into force will be as stated at the top of this privacy policy.


Collection of personal data


By providing us with your personal information, you explicitly consent to us processing and disclosing your personal information for the purposes, and otherwise in the manner set out in this policy, or as otherwise provided in accordance with the terms and conditions.


Collection of personally identifiable information (PII)


PII, as used in privacy and electronic communications regulations, is information that can be used on its own or with other information to identify, contact, or locate a single person, or to identify an individual in context.


When do we collect information?


We collect information from you when you subscribe to a newsletter or enter information on our site.


Types of data collected


Personal data


While using our service, we may ask you to provide us with certain personally identifiable information that can be used to contact or identify you (“personal data”). Personally, identifiable information may include, but is not limited to:


First name and last name


Address, state, province, ZIP/postal code, city


Purposes for personal data collection


Analytics to gather metrics to better understand how users access and use the sites and services; to evaluate and improve the sites and services; and to develop new products and services.


Provide our services to provide the services we offer on our sites and to communicate with you about your use of our site or services, to respond to your inquiries, to provide troubleshooting, and for other customer services designed to make your experience better.


Comply with the law to comply with legal obligations, as part of our general business operations, and for other business administration purposes.


Personalisation to tailor the content and information that we may send or display to you, to suggest personalised help and instructions, and to otherwise personalise your experience while visiting or using our site.


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Marketing and promotions for marketing and promotional purposes, such as to send you news and updates, special offers, and promotions, or other otherwise contact you about products, services, or information we think may interest you, including information about third party products and services.


Purposes for the collection of personally identifiable information


We may use the information we collect from you when you register, make a purchase, sign up for our newsletter, respond to a survey or marketing communication, surf the website, or use certain other site features in the following ways:


To administer a contest, promotion, survey or other site feature


To send periodic emails regarding your order or other products and services


Cookies


We use cookies and other similar technologies, including log data, on our site to distinguish you from other users of our websites and apps (including when you browse third party websites). This helps us to provide you with a good experience when you use our services. We also use cookies and similar technologies to show you more personalised advertising. You may adjust the settings on your browser to refuse cookies but some of our services may not work if you do so. Examples of cookies we use include:


Session cookies we use session cookies to operate our service.


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Disclosure of personally identifiable information & data legal requirements


Funded trader may disclose your personal data in the good faith belief that such action is necessary to:


To protect against legal liability


To comply with a legal obligation


To prevent or investigate possible wrongdoing in connection with the service


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To protect the personal safety of users of the service or the public


Security of data


We recognise that online security is an area of vital importance for all our customers. It is imperative that you should have full confidence that your personal details are secure. We employ security measures to protect your information from access by unauthorised persons and to prevent unlawful processing, accidental loss, destruction and damage. In order to protect both ourselves and our customers from identity theft we may verify the information you have provided with our banking institutions over secure lines. Again this is carried out in accordance with our data protection obligations. Please keep in mind that no method of transmission over the internet, or method of electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your personal data, we cannot guarantee its absolute security.


Service providers


We may employ third party companies and individuals to facilitate our service (“service providers”), to provide the service on our behalf, to perform service-related services or to assist us in analysing how our service is used. These third parties have access to your personal data only to perform these tasks on our behalf and are obligated not to disclose or use it for any other purpose.


Analytics


We may use third-party service providers such as google to monitor and analyse the use of our service. Vendors, such as google use first-party cookies (such as the google analytics cookies) and third-party cookies (such as the doubleclick cookie) or other third-party identifiers together to compile data regarding user interactions with ad impressions, and other ad service functions as they relate to our website.
Opting out: users can set preferences for how google advertises to you using the google ad settings page. Alternatively, you can opt out by visiting the network advertising initiative opt out page or permanently using the google analytics opt out browser add on.



Our service may contain links to other sites that are not operated by us. If you click on a third party link, you will be directed to that third party’s site. We strongly advise you to review the privacy policy of every site you visit. We have no control over and assume no responsibility for the content, privacy policies or practices of any third party sites or services.


Children’s privacy


The funded trader site is not intended for use by minors under the age of 18 and are not targeted to children. We do not knowingly collect information from children under the age of 16, solicit information from such children, or market products to such children.



The best funded trader program of 2021


Funded trading accounts offer the best of both worlds. You can make money doing something you love, while at the same time not risking any of your capital. A funded trader program is especially appropriate for beginners. But what is the best funded trader program? Let's go through the list of all providers, their pros and cons.


Best Funded Trader Program


Transparency: we may get compensated when you click on links in this article.


Best funded trader programs



  • Best for trading futures: topsteptrader

  • Best for trading forex: topstepfx

  • Best newcomer: earn2trade


What makes a good funded trader program?


Good funded trader programs help you to get started by offering education, webinars, and support. At the same time, excellent institutional-grade trading platforms and trustworthy funded trading account partners are important.


Are funded trader accounts worth it?


The main benefit of funded trader accounts is the limited risk factor. There is a small monthly fee for real-time data and the platform. In return, you gain access to a funded account once you proved that you have the right skills needed to be successful. Once you got funded, you keep up to 80% of the profit and request a payout to your checking account.


7 best funded trader programs


1. Topsteptrader


As an industry leader and one of the fastest-growing companies in the united states, topsteptrader has the brand-power and reputation that traders trust. To participate in its funded account program, you first need to complete the trading combine. Here, you enter a real-time simulated futures account with $30,000 to $150,000 of paper currency to test if you're ready for the real thing.



  • You can apply the software, make profits and control against large drawdowns

  • You show consistent profitability and manage risk in the process

  • Complete steps 1 and 2 in at least 15 days



Other requirements include:



  • You meet your accounts profit targets

  • You only trade permitted products during permitted times

  • You do not hit or exceed the daily loss limit

  • You do not hold positions into major economic releases

  • You follow topsteptraders scaling plan



So let's assume you have what it takes. Once you complete the trading combine, you enter the funded trader program. Here, the topsteptrader team allocates capital to your account and lets you trade in real-time with zero personal risks.


So what happens when you start trading?



  • You keep your first $5,000 in profits and 80% thereafter

  • You can expand your asset-base to include trading EUREX products

  • You can withdraw your profits at any time, and there is no wire fee for withdrawals over $500

  • Your trades have zero commissions and zero clearing fees using tstrader.



Topsteptrader discloses the official company name and address on their website: topsteptrader, LLC, 130 south jefferson suite 200, chicago, illinois 60661.


We recommend starting with the free trial topsteptrader provides.


Limited time offer



  • Topsteptrader 20% discount (automatic discount on all account sizes - ignore the popups on their site, my automatic discount is higher)



For a detailed look at the entire service, check out our complete topsteptrader review.


TopStepTrader Funded Trader Program


2. Topstepfx


Currency specialists rejoice, this one's for you. As the currency wing of topsteptrader above, topstepfx funded accounts have the same eligibility requirements. First, you need to complete the trading combine and demonstrate you can apply toptrader's software, implement a winning strategy and manage risk at the same time.


It's a necessary step to ensure that toptrader's capital is safe in your hands. Once you start trading, you keep your first $5,000 in profits and take home 80% of your winnings thereafter. You can also withdraw your profits at any time, and there is no wire fee for withdrawals over $500


Now, what separates topstepfx from topsteptrader?


Well, topstepfx funded account balances include buying power of up to $500,000.


And how is this done? In a word - leverage. Currency positions have leverage ratios as high as 100:1. Compared to topsteptrader, the excess leverage with topstepfx is extremely risky. However, as we mentioned, it's not your money.


With topstepfx financing the positions, you can always trade risk-free without worrying about reprisal. Keep in mind, you do need to prove your skills first. If you're a profitable currency trader that lacks the capital to make major moves, a topstepfx funded trader program may be just what you're looking for.


Topstepfx belongs to topsteptrader, and their company name, address and phone are visible on the website: topsteptrader, LLC 130 south jefferson suite 200 chicago, illinois 60661.


Limited time offer



  • Topstepfx 20% discount (automatic discount on all account sizes - ignore the popups on their site, my automatic discount is higher)



For a top-to-bottom rundown of all the service has to offer, see our topstepfx review.


TopStepFX Funded Trader Program


3. Earn2trade


Earn2trade offers two different funded trading programs. The gauntlet program and the gauntlet mini program.


The regular gauntlet program is focused on trading the futures market, where you manage a $25,000 virtual account for 60 days. During this time, you have to trade at least 30 calendar days and once per week. Your target is to reach the 10% profit target and never hit the 10% maximum drawdown.


Successful candidates receive a guaranteed funding offer from their partner helios trading partners.


The new gauntlet mini is a program similar to topsteptrader and oneup trader. You pay a monthly fee, and you have to trade according to the rules. Trading lessons, webinars, and access to journalytix (TM) are included in the monthly price.


After completion, you receive an offer for a funded trading account. Both programs come with an 80%/20% profit split, where you keep the 80%.


The company behind is earn2trade LLC, with a registered office in 30 N gould st. STE 4000, sheridan, WY 82801.


Limited time offer



  • Earn2trade 50% discount on the 50k account, 20% discount on any other account sizes.



You find all details and a platform walk-through in the comprehensive earn2trade review.


Earn2Trade Review


Let's get it straight, the list of the best funded trader programs already ends after the top 3. Topsteptrader, topstepfx and earn2trade programs begin at about $100 per month. All of the following funded trading account providers offer educational packages along with a potential option to let you trade a funded account at some given time.


Those vendors ask you to pay prices from $2,000 all the way up over $15,000, and some of them do not reveal their company address.


If you are looking for a funded trader account with an excellent price-performance ratio, you may focus on the top 3:



  1. Topsteptrader (futures trading) topsteptrader free trial or 20% off (automatic discount at the checkout - ignore the popups on their site, my automatic discount is higher)

  2. Topstepfx (forex trading) topstepfx 20% discount (automatic discount at the checkout - ignore the popups on their site, my automatic discount is higher)

  3. Earn2trade (futures trading) earn2trade 20%-40% discount (discout applied automatically).



4. Oneup trader


Whether if you just starting out or a seasoned professional, onup trader offers a platform where you can showcase your skills and make some money along the way.


There are two steps to get started:



  • Get evaluated

  • Get funded



The evaluation process begins with oneup's trading evaluation program. The team puts you through a real-time day trading simulator where you can trade, track, measure and showcase your abilities.


Once you pass the evaluation, you get introduced to oneup's funding partners. Once you start trading, the first $8,000 in profits are yours to keep, and after that, you take home 80% of all winnings.


What are some other benefits?



  • Choose funding options from $25,000 up to $250,000

  • Simplified funding goals with no hidden fees or fine print

  • Trade from home, your favorite coffee shop or wherever you want

  • Advanced analytics and data that help you become more successful

  • Discuss, collaborate and share ideas with one-up trader's community members

  • Full transparency and disclosure regarding all services and requirements



Unfortunately, oneup trader does not disclose any information about the company and their address and contact data on the website. Also, there is no information available on what company will fund your account and how many traders got funded so far.


The oneup trader review covers every detail about the funded accounts, but again, the missing information about the company details and ways to contact them should let you become more cautious.


5. Maverick trading


As one of the top prop trading firms out there, maverick trading offers the opportunity to learn from its experts and - if you have what it takes - join the firm as a full-time trader.


Specializing in equities, options and forex, the team offers support, technology and training that help you every step of the way.


So how do you get funded?



  • Submit your application

  • Improve your skills using maverick's trading simulators, tests and strategy courses

  • Prove your skills by showing you can implement the trading plan, manage risk and produce profits

  • Receive a funded account where you keep 70-80% of your profits and get paid every month.



Through its dedicated team, maverick trading promotes diversity, respect and transparency.


Before officially joining the firm, the team will outline all expectations as well as discuss the inherent risks of day trading.


Compared to the top three above, the pricing is significantly higher since they include more extensive education in their program costs. You need about $6,000 to get started and you need to put $5,000 of your own funds at risk once you get funded.


For more information on what all that means, see the maverick trading review.


6. Try day trading


Trydaytrading can cost you more than $15,000! When you first begin the try day trading funded trader program, the team starts by outlining the two most important ways to reduce risk:



  • They assign a professional trading coach that teaches you how to trade

  • They provide access to try day trading's proprietary leading indicator software



They also offer a 30-day trial. Anyway, the 30-day trial costs you more than $400. A bit hefty for a trial period! And more than $15,000 for their main service seems to be too expensive. Remember, for that money, you could use topsteptrader's trading combine about 150 times!


There is no company name mentioned on their website, only the address in utah. The google reviews seem to be good at first, but clicking on the details you notice that a curious pattern.


The detailed try day trading review covers all of the bells and whistles.


7. Tradenet


Tradenet is not available to residents in the united states. With four pricing options, you can decide which tradenet funded trader program is right for you. Led by meir barak, the site states that it has educated over 30,000 students worldwide on how to become better traders.


All of the funded account programs come with a 14-day money-back guarantee. That way, you can test out the service risk-free before deciding if you want to continue on. The costs are relatively high compared to the competitors mentioned in this best funded trader program comparison.


Please, also keep in mind that tradenet does not offer those funded accounts themself. Instead, they connect you with investment firms once you purchased one of their educational packages.


I found various addresses; one is limassol cyprus, one in israel and the united kingdom.


If you're interested in learning more about tradenet's funded trader programs as well as its education courses and live trading chat room, check out our tradenet review.


Funded trader program summary


There's no doubt funded trader programs have plenty of benefits. Many providers offer exceptional service and can be a great addition to your trading toolkit. Whether it's access to advanced software or the idea of using someone else's money to trade - funded accounts offer a risk-free way to compete against the best.


More importantly, the knowledge you obtain is invaluable. Considering their own money is at stake, providers will do everything in their power to ensure you succeed. They don't want you draining their bankroll, right?


So what this means for you is:



  • Greater guidance,

  • Mentorship and

  • Coaching compared to other services.



As well, when competing in the arena, you're surrounded by other advanced traders. This will help you increase your skill-set and have you climbing up the ladder in no time.


When deciding between the options above, you really can't go wrong with most of them.


Topsteptrader is the market leader and receives our highest rating, followed by topstepfx, and earn2trade.


I am a bit undecided about maverick trading, tradenet, oneup trader and try day trading. The reason is that for some you have to pay between 2,000 and $16,000 to join their programs, some do not disclose any contact and company details.


Their prices are higher because they included extensive trading education courses in their funded trader programs. So it depends on you what you want to trade and what your focus is. If you are looking purely for a funded trader account, then topsteptrader and earn2trade are the best choices.


If you are looking for excellent education, then I recommend you to read my comprehensive best trading courses blog post. And if you really consider joining the expensive funded trader programs, then make sure to read the detailed reviews first.



Profit forex signals funding program


10000 monthly pips, 90% accuracy, myfxbook verified. Outstanding performance, up to 300% profit per month.


Become FOREX FUNDED trader.


No subscription fee. One time refundable payment.


PROFIT SHARE 70/30.


PROFIT SHARE 70/30 starting from second phase, in first phase we do not share profit with you.


Join our forex funding program and start making money.


We provide proper assistance to our members regarding to essential matters such as the timing of placing any entry (buy/sell), when to rake in higher revenue and when a loss is expected. This is to ensure that our clients enjoy the best forex signals services with least risks.


No subscription fee! 70% PROFIT SHARE


Start with $200 000 REAL ACCOUNT


No subscription fee. One time refundable payment. Payment for application will be refund to you, with your first payout.


Profit forex signals has a world-renowned reputation for funding and backing profitable traders, we have always considered ourselves to be at the cutting edge of our industry. We trade on all major asset classes on multiple exchanges with our own capital. By becoming a member of the team, you become part of our success.


You believe that you are excellent trader but you lack of funds or simple do not want to risk own funds. No worries at all, we are looking for highly talented traders and we will give you $100 000,00 account in REAL trading environment. We cover loses and we share profit with you. Profit share come from second phase, in first phase we do not share profit with you, we keep everything. Trading with us means never risk any of your money. You will not be liable to any loses either. We take a full risk from day one. We double the size of funding trading account, from second phase every time when you reach 10% profit.


PROFIT SHARE IS 70/30.


So you can keep 70% profit while we will take 30% profit share. We cover loses! Profit share come from second phase!


TRADE WITHOUT RISK!


MONTHLY PROFIT PAYOUT!


Never wait to reach your XY% profit to get paid. Instead, you will get paid for any profit % you make in any given month without affecting your account growth.


How it works ?


Very simple, there is just two phases what you need to pass and that is all. Phase one вђ“ SHOW US YOUR SKILL and phase two SHOW YOUR MIGHT!


PHASE ONE вђ“ SHOW YOUR SKILL!


Show us your skill. Prove that you can make profit from trading. Demonstrate us that you have winning strategy. Show us that you can manage risk. Earn forex funded trading account! You will get from us an account in real trading environment (from one of our partner broker) in which you will trade. Show us that you are able to trade and if you become our funded trader we will double your account from next month. There is only few simple rules what you need to follow and that is all.


We give you one month to become our funded trader.


Phase one is 30 days. We believe that it is enough to prove your self and become trader for one of most famous forex provider.


Rules what you need to follow:



    You get $100 000 account in real trading environment to start with it. Trade any forex pair what you like, no restriction at all. You can trade indices, metals, stocks. Have at least 5 active trades per week. From open to close trade. 15% maximum draw down. Draw down should not exceed $15000. $5000 maximum daily loses. Trade any time of day. You can keep trades overnight and over weekend. Trade maximum with 10 lots per trade. Hedging is allowed. Profit target $15000!


Test phase



  • $100 000 trading account

  • 1:33 leverage

  • 15% or $15 000 maximum drawdown

  • $5 000 daily losing limit

  • 10 lots maximum per trade

  • $15 000 target goal

  • $200 000 trading account in second phase

  • Each 10% profit in second phase, will double your account up to $3,2mil.

  • Payout&refund proffs find HERE.


PHASE TWO вђ“ SHOW YOUR MIGHT!


If you enter in phase two means that you passed our verification process. Verification process is to meet all condition from phase one and to be approved by our team. After you are approved we will sign an agreement about mutual cooperation. So congratulation you are now our funded trader. All trading rules keep same from phase one, so BRING PROFIT TO US AND YOU! Monthly profit payout. We will refund you your application fee during your first payout. Each month till 5th in month you will receive your profit. If you decide to compound profit, no problem, we will surely take out our profit share.


Application fee will be refunded during first payout!


Rules what you need to follow:



    You get $200 000 account in real trading environment to start with it. Trade any forex pair what you like, no restriction at all. You can trade indices, metals, stocks. Have at least 5 active trades per week. From open to close trade. 15% maximum draw down. Draw down should not exceed $30000. $10000 maximum daily loses. Trade any time of day. You can keep trades overnight and over weekend. Trade maximum with 10 lots per trade. Hedging is allowed. Made 10% profit and we will dobule your account, up to $3.2mil without affecting your profit. There is no profit target, all profit what you made will be paid, even $1,00!


By submiting payment you agree with all our terms of service, you can read full terms HERE.



Forex t4tcapital trading programme how it works


$25,000 – $50,000 – $100,000


Single signup fee – no subscription!
Unlimited time to reach profit target!


TRADE FOREX, EQUITY INDICES, GOLD & OIL


How it works


Find out how our t4tcapital trading programme can work for you.


Trading rules


The key to success is understanding the rules of engagement.


All your questions answered. Use the webchat at the bottom for support.


Reset account


In the dreaded draw down or breached a limit – you can reset here.


Forex t4tcapital™ trading programme


Anyone can get funded!


GET FUNDED
HOW IT WORKS


Our forex t4tcapital™ trading programme has been created for everyone, whether you are new to trading or a veteran trader that wants to trade the foreign exchange market without risking their own capital. If you have never traded forex before we highly recommend taking our diploma in professional forex trading, our foundation online forex trading courses or one of our in-person fast track forex workshops, where you will get a USD$100,000 practical assessment included and an easy guide to passing the practical assessment. If you are a seasoned forex trader then you simply select the account size you wish to trade and get started straight away.


Traders4Traders - Funded Trader Accounts - Step 1
PROVE YOU CAN TRADE


Prove you can trade by reaching our profit targets without breaking our rules of engagement.
It’s that simple!


Traders4Traders - Funded Trader Accounts - Step 2
TRADE OUR ACCOUNTS


Once you have passed the practical assessment you will then be allocated one of our accounts to trade and start making up to 80% of your profits.


Traders4Traders - Funded Trader Accounts - Step 1
PROVE YOU CAN TRADE


Account selection and pricing for the assessment stage


Select a suitable evaluation account. This account will be a demo account trading with virtual money. Choose wisely as this account will be the same account you are funded with if you successfully pass the assessment. To pass the assessment you simply need to comply with the ‘rules of engagement’ and reach the specified profit target for the account size chosen. There is no time limit.


No monthly subscription – no time limit to achieve the profit target – no complicated rules


Select your practical assessment:


$100,000 account parameters


starting balance: $100,000
profit target: $10,000
weekly loss limit: $2,000
maximum loss limit: $4,000

ONE PAYMENT – NO MONTHLY SUBSCRIPTION


USD$350


UNLIMITED TIME TO ACHIEVE YOUR PROFIT TARGET


$50,000 account parameters


ONE PAYMENT


USD$250


$25,000 account parameters


ONE PAYMENT


USD$199


Understand the basic rules


Drawdown limits


Weekly loss limit


At the commencement of your practical assessment, the weekly loss limit is set at:



  • $500 for the $25,000 account

  • $1,000 for the $50,000 account

  • $2,000 for the $100,000 account



The purpose of the weekly loss limit is to protect last week’s profits. The weekly loss limit remains static from the monday open until the friday close of trading. At the end of each trading week, the weekly loss limit is re-calculated on the account balance at 5 pm new york on friday. On the monday open, the weekly loss limit is reset according to your new balance. The weekly loss limit stays in play throughout the lifecycle of the trading account.


If you hit or exceed the weekly loss limit, with either realized or unrealized P/L at any time during the trading week, (monday to friday) your account will be disabled. Any open trades may not be auto-liquidated; however, you will become ineligible for funding. To continue with the opportunity for funding, your practical assessment account requires a reset.


The weekly loss limit stays in play throughout the lifecycle of the trading account.


Maximum loss limit


T the commencement of your practical assessment, the trailing maximum loss limit is set at:



  • $1,000 for the $25,000 account

  • $2,000 for the $50,000 account

  • $4,000 for the $100,000 account



The purpose of the trailing maximum loss limit is to protect your overall profits. The trailing maximum loss limit (as the name implies) trails your highest account balance throughout the practical assessment. If you add profits, the maximum loss limit also moves higher. If you have lost money, the trailing maximum loss limit remains the same as the previous day.


If you hit or exceed the trailing maximum loss limit at any time, with realized or unrealized losses, your account will be disabled. Any open trades may not be auto-liquidated; however, your account will become ineligible for a funding. To continue with the opportunity for funding, your practical assessment account requires a reset.


Trading rules


Maximum aggregate trade size


The maximum ‘aggregate’ trade size is the aggregate of all open positions and all pending orders.


Note: the maximum trade size depends on what account you selected (see table above). You can trade the maximum trade size from the outset.


If you want to leave pending orders and you already have open positions, then you must ensure that the sum of all open positions plus potential pending orders does not breach the maximum position size.


Example: $100K account has maximum trade size of 10.0 lots


If a trader has 5.0 lots in open positions and has 7.0 lots of pending orders this is a breach of the maximum trade size rules because the aggregate of all open and pending orders is 12.0 lots.


A stop-loss order must be attached to every open position or pending order


Every time you open a position or place a pending order in the market it must have a valid stop loss attached to it!


Why pending orders? Because the entry order could be triggered and with no stop loss attached that could result in the entire account being lost.


Your stop-loss orders cannot exceed your available limits


Your stop loss order, if triggered, must keep your account balance above your current available drawdown limits, whether that be the weekly loss limit or the trailing maximum loss limit. This is known as a ‘valid stop loss’ order.


If your stop loss orders on your open positions or pending orders are ‘not valid’ then your account is automatically in breach of the rules.


For example: if you only have $1,000 available on your maximum drawdown limit then opening a position with a stop loss that would generate a $5,000 loss if hit, is not acceptable. It is ‘invalid’ and would be an immediate breach of the rules even if the open position is in profit!


If you have multiple positions, the cumulative sum of all stop-loss orders must not exceed your current available drawdown limits.


If you do not have a valid stop loss order attached to your open positions your practical assessment will be suspended immediately regardless if your position is in profit or loss and you will need to be reset to be eligible for funding.


If you breach this rule with a live t4tcapital account, your account will be closed immediately, and your outstanding profits will be split according to the profit share.


Example of a valid stop loss order:


Let’s say you have a $2,000 drawdown limit available.


You open a 10 lot position on EURUSD with a 20 point stop loss. If the stop loss is hit the account will lose $2,000.


That’s right on the drawdown limit. That is OK.


Example of an invalid stop loss order with one position:


Let’s say you have a $2,000 drawdown limit available.


You open a 10 lot position on EURUSD with a 25 point stop loss. If the stop loss is hit the account will lose $2,500.


That’s $500 more than the drawdown limit. This is a breach!


Example of an invalid stop loss order with multiple position:


Let’s say you have a $2,000 drawdown limit available.


You have 4 open positions of 2.5 lots on EURUSD with a 30 point stop loss on each. Each stop-loss equates to a $750 loss if it is triggered.


If all stop-loss orders are hit the account will lose $3,000. (4 x $750 = $3,000)


That’s $1,000 more than the drawdown limit. This is a breach!


As soon as our team identifies you have overexposed the account your practical assessment will be suspended immediately.


All open positions must be closed & any pending orders cancelled before 7 pm GMT friday


You are not permitted to hold positions over the weekend. All positions need to be closed out no later than friday 7.00pm GMT/UTC.


If you have an open position over the weekend you will require a reset to continue to be eligible for funding.


You are permitted to trade at all other times except if T4T management halts all trading due to ‘unforeseen highly volatility international events’. In this case, T4T management will notify you directly about the trading halt.


If you breach any rules or drawdown limits you need to pay a reset fee to continue trading


If you breach any rules or drawdown limits, you’ll need to reset your trading account to continue to be eligible for funding. The reset costs $199 and your account will be reset to its starting balance regardless of your account balance at the time of the breach.


We expect our traders to be honest. Once a trader hits a profit target our team will be reviewing all trading activity prior to funding the accounts.


If we find backdated rule breaches your account will be ineligible for funding. So, it makes sense if you breach any rules, notify our team straight away and reset your practical assessment. It will save a lot of heartache by having you make the profit targets only to be informed that your practical assessment account needs to be reset.





So, let's see, what we have: welcome to funded trader! We empower forex and stock traders by providing them with the funds they need to earn a full-time income from home. At free funded forex account

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