Company Information

Company Name: Boer Funded
Company Legal Name: Boer Funded
Company Registration No.: 2523132
Operating Since: October 2023
CEO Name: Anthony Alexandre

Challenge Details

Boer Funded currently offers a single challenge account, known as the Standard Boer account. This account structure allows traders to showcase their skills with a variety of account sizes and straightforward requirements.

Pricing

$5,000 Account: $79
$10,000 Account: $149
$25,000 Account: $249
$50,000 Account: $349
$100,000 Account: $579
$200,000 Account: $999

Rules

Profit Target (Phase 1): 8%
Profit Target (Phase 2): 5%
Total Loss Limit: 10%
Daily Loss Limit: 5%
Profit Share: 80%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:100
Max Lot Size: 10 Lots
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Minimum Trading Days: 5 days

Scaling Plan

Boer Funded offers an easy scaling plan, In which traders get the opportunity to manage up to $2 million of funding. To be eligible, traders must achieve a total of 6% profit in the next 3 consecutive months.

Rewards:

25% account balance increase every 3 months (up to $2 million).
Scaled up profit split of up to 95/10 with an add-on.

Spreads and News Trading Rules

Spreads

Boer Funded has partnered with FunderPro to provide competitive spreads. Traders can monitor live spreads by going through this link - https://funderpro.com/products-and-spreads/

News Trading Rules

Boer Funded allows trading around high-impact news events if the trader buys the News Trading add-on.

If a trader does not opt for News Trading add on then trader must understand that they are not allowed to trade 5 minutes before and 30 minutes after a high impact news event, though traders can hold their trades during high impact news events but any sort of modification can lead to violation. This rule only applies in phase 2 and funded phase.

Other Important Rules

Daily Drawdown Calculation

Boer Funded calculates Daily Drawdown based on the trader’s equity at the end of the day at 00:00 GMT+3 server time. The drawdown type is Equity-Based Drawdown and the drawdown amount can increase or decrease as the account balance grows or shrinks.

Countries Banned from Purchasing

Due to regulatory considerations, Boer Funded does not currently accept clients from the following countries:

India
The Russian Federation
Republic of Belarus
Republic of Indonesia
Cuba
Venezuela
Sudan
South Sudan

Prohibited Trading Strategies

Boer Funded prohibits the following trading strategies to ensure fairness and maintain trading integrity :-

Grid Trading
High-Frequency Trading (HFT)
Martingale Trading
Arbitrage Bots (including reverse, latency, and hedge arbitrage)
Tick Scalping
Simultaneous Opposite Positions on Different Accounts
Strategies that don’t align with live trading conditions

Payout Methods

Boer Funded processes payouts through Crypto (USDT ERC20). Additionally, traders who reside in the US or UK can receive payments through Rise payouts by bank transfer or direct cryptocurrency payouts via USDT ERC20.

Trading Commissions

Boer Funded offers zero trading commission on their instruments, allowing traders to focus on their strategies without hidden fees.

IP Rule

Consistent IP Address Usage

Traders must use a consistent IP address or be in the same geographical region to access their Boer Funded accounts, ensuring that only authorized individuals conduct trades.

Prohibition of Multiple Accounts from the Same IP

To maintain a fair trading environment, accessing multiple Boer Funded accounts from the same IP is prohibited. This measure helps prevent duplicate trades or hedging activities.

Use of VPNs and VPS

Traders may use VPNs or VPS with static IPs for stable and secure access. All IPs must be registered and verified with Boer Funded’s support team.

Travel and IP Address Changes

If an IP change occurs due to travel or relocation, traders must verify their new location. Documentation, such as airline tickets or passport stamps, may be requested for verification.

Monitoring and Compliance

Boer Funded actively monitors IP activity to detect potential violations, such as suspicious trades or repeated IP changes. Any violation will result in suspension pending investigation, and may lead to account termination.

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