Trading Rules
How does the consistency rule work in Funded Forex? (Prop Specific)
Our consistency rule is very simple, one trading day must not exceed more than 50% of the whole payout. If you are requesting a $10,000 payout, one trading day must not be worth more than $5,000. This trading day can be formed of 1 trade or multiple ...
How are trading days calculated? (Prop Specific)
Trading days are taken in consideration only the days where a trade was opened, lasted for at least 30 seconds and the lot size is relevant/similar to the rest of trading days. If it’s pretty obvious that you opened a 0.01 lot that lasted 31 seconds ...
Can I hold my positions Overnight/weekends? (Trading Information)
Yes, traders are permitted to hold their trades overnight and over the weekends without any restrictions. Take in mind that market volatility, higher spreads and unforeseen events may happen during the weekend and gaps in the market may occur. In ...
Is news trading allowed? (Prop Specific)
News trading is only allowed if you acquire the News Trading add-on. Pricing of the add-on can be verified at check-out when buying you challenge. Pricing for the add-on depends on the type of challenge and the initial balance of the account. In case ...
What are the Restricted/Prohibited trading strategies at Funded Forex?
Funded Forex maintains a zero-tolerance policy against any form of cheating or exploitation of the platform, as outlined in our Terms of Service (TOS) agreed upon during registration. Traders are strongly encouraged to carefully review our Terms of ...
What is the Prop Firm copy trading rule at Funded Forex? (Prop Specific)
Traders are ONLY allowed to do the following on Challenge and Funded Accounts: Funded Forex account as a master account copying trades outside of Funded Forex. Funded Forex account as a slave account receving trades outside of Funded Forex from an ...
Do I have to follow daily loss and overall loss rules?
Traders must stick to the daily loss limit and overall loss limit rule when trading with any of our Funded Forex accounts. The daily loss limit puts a cap on the maximum losses (realized or unrealized) allowed in a single day, while the overall loss ...
How is the maximum overall drawdown limit calculated?
Max Overall Loss is based on the initial account balance. We will use a $100,000 Elite Challenge (11% Max Overall Loss) account for this example: Initial Balance: $100,000Overall Loss: 11% = $11,000 If the trader reaches a $89,000 equity or balance, ...
What is the maximum overall drawdown limit?
Max Overall Loss is based on the initial account balance and it varies between our Challenge Offerings. Elite Accounts - Step 1 (Evaluation): 11% Maximum Overall Loss - Step 2 (Verification): 11% Maximum Overall Loss - Step 3 (Funded): 11% Maximum ...
How is the maximum daily drawdown limit calculates? (Prop Specific)
Max Daily Loss is based on the initial account balance. We will use a $100,000 Elite Challenge (8% Max Daily Loss) account for this example: Initial Balance: $100,000 Daily Loss: 8% = $8,000 Starting point for this is the start of the day according ...
What is the maximum daily drawdown limit?
Max Daily Loss is based on the initial account balance and it varies between our Challenge Offerings. Elite Accounts - Step 1 (Evaluation): 8% Maximum Daily Loss - Step 2 (Verification): 8% Maximum Daily Loss - Step 3 (Funded): 8% Maximum Daily Loss ...