Company Information

Company Name: Direct Funded Trader
Company Legal Name: GFT GROUP LLC
Company Registration No.: (Information not provided)
Operating Since: January 2024
CEO Name: Undisclosed

Challenge Details

Direct Funded Trader offers 3 types of challenge programs, Evaluation, Fast Funding Standard and Fast Funding Aggressive.

Evaluation Details:

Pricing:

$5,000 Account : $31
$10,000 Account : $27
$15,000 Account : $100
$25,000 Account : $199
$50,000 Account : $299
$100,000 Account : $479
$200,000 Account : $979

Rules:

Profit Target (Phase 1): 8%
Profit Target (Phase 2): 5%
Total Loss: 10%
Daily Loss: 5%
Profit Share: 80%, up to 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:100
Max Lot Size: No limit
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Minimum Trading Days: 5 Days

Fast Funding Standard Details:

Pricing:

$15,000 Account : $150
$25,000 Account : $280
$50,000 Account : $350
$100,000 Account : $590

Rules:

Profit Target: 10%
Total Loss: 7%
Daily Loss: 4%
Profit Share: 80%, up to 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:50
Max Lot Size: No limit
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Minimum Trading Days: 5 Days

Fast Funding Aggressive Details:

Pricing:

$15,000 Account : $190
$25,000 Account : $320
$50,000 Account : $390
$100,000 Account : $620

Rules:

Profit Target: 10%
Total Loss: 7%
Daily Loss: 4%
Profit Share: 80%, up to 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:30
Max Lot Size: No limit
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Minimum Trading Days: 5 Days

Scaling Plan

Yes, Direct Funded Trader offers a scaling plan. Traders can grow their account to a maximum of $1 million with it. To qualify, traders will have to achieve a 15% profit within a 3-month period. After meeting this criteria, their account size will increase by 50% of the initial balance.

Spreads and News Trading Rules

Spreads:

Direct Funded Trader has mentioned that they offer Raw Spreads.

News Trading Rules:

During the challenge stage: In the Challenge Phase, Traders can freely trade during news but it is not recommended.
During the funded stage: In the Funded Phase, Traders are not allowed to trade, modify or even hold their trades during any High-Impact News. The restricted period for news trading is 5 Minutes before and after the news.

Other Important Rules

Daily Drawdown Calculation:

Direct Funded Trader has not mentioned the calculation on their daily drawdown.

Countries Banned from Purchasing:

Direct Funded Trader does not offer their services to these countries listed below.

United Arab Emirates (UAE)
Pakistan
Vietnam
Iran
Myanmar
Albania
Kosovo

Prohibited Trading Strategies:

Use of emulators
High-frequency trading (manual or bot)
Reverse arbitrage trading
Hedge arbitrage trading (manual hedging allowed)
Latency arbitrage trading
Tick scalping
Grid trading/Martingale
One-sided betting
Copying trades from other traders

Violating these rules can result in account termination.

Payout Methods:

Traders can withdraw profits using the following methods on Direct Funded Trader:

USDT
RisePay (bank transfer and crypto)

Trading Commissions:

Direct Funded Trader charges $5 commission per lot.

IP Rule:

Direct Funded Trader does not encourage their traders to trade with different devices or different locations but if the trader want to trade then a proof of ownership will have to be submitted beforehand.

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