What is the process to become a funded trader on Funded Forex?
At Funded Forex, there are two ways to become a funded trader:
- Instant Funding Account
- Start trading immediately with one of our Instant Funding accounts—no evaluation or verification phases required.
- Challenge Accounts (Elite, Unlimited, Free Launch)
- Complete the required phases of any of our evaluation programs to qualify for funding.
- Elite Challenge
- Consists of 2 phases:
- Phase 1: Evaluation
- Phase 2: Verification
- Rules & Objectives:
- Daily Drawdown: 8%
- Overall Loss Limit: 11%
- Profit Target: 10% (Evaluation), 5% (Verification)
- Payouts: Weekly
- Unlimited Challenge
- Consists of 2 phases:
- Phase 1: Evaluation
- Phase 2: Verification
- Rules & Objectives:
- Daily Drawdown: 6%
- Overall Loss Limit: 10%
- Profit Target: 10% (Evaluation), 5% (Verification)
- Payouts: Bi-weekly
- Free Launch Challenge
- Consists of 3 phases:
- Phase 1: Incubation
- Phase 2: Evaluation
- Phase 3: Verification
- Rules & Objectives:
- Daily Drawdown: 8%
- Overall Loss Limit: 11%
- Profit Target: 10% (Incubation), 10% (Evaluation), 5% (Verification)
- Payouts: Monthly
Once all objectives are successfully met, the system will automatically approve your account. However, all accounts are subject to verification and manual audit to ensure compliance with the rules.
If the system mistakenly approves an account that has not fully met the requirements, our risk and support team will review it and return the account to the appropriate stage.
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