Company Information

Company Name: Express Funded
Company Legal Name: Express Funded LLC
Company Registration No.: CS163561023
Operating Since: December 1, 2023
CEO Name: Undisclosed

Challenge Details

Express Funded offers two types of challenges: a 1-Step Challenge and a 2-Step Challenge. These challenges are structured to test your trading skills under specific conditions while offering competitive rewards and scaling options.

1-Step Challenge Details

Pricing:

Size: $2,500 – $24
Size: $5,000 – $49
Size: $10,000 – $99
Size: $25,000 – $219
Size: $50,000 – $329
Size: $100,000 – $549

Rules:

Profit Target: 12%
Total Loss: 8%
Daily Loss: 3%
Profit Share: Starts at 70%, scales up to 90%
Drawdown Type: Equity Drawdown
Time Limit: Unlimited
Leverage: 1:30
Max Lot Size: No limit
Payout Frequency: Every 10 days, with an additional 7-day add-on option
Allows Copy Trading: No
Min Trading Days: 4 profitable days

2-Step Challenge Details

Pricing:

Size: $2,500 – $24
Size: $5,000 – $49
Size: $10,000 – $99
Size: $25,000 – $199
Size: $50,000 – $299
Size: $100,000 – $499

Rules:

Profit Target (Phase 1): 8%
Profit Target (Phase 2): 5%
Total Loss: 12%
Daily Loss: 4%
Profit Share: Starts at 70%, scales up to 90%
Drawdown Type: Equity Drawdown
Time Limit: Unlimited
Leverage: 1:30
Max Lot Size: No limit
Payout Frequency: Every 10 days, with an additional 7-day add-on option
Allows Copy Trading: No
Min Trading Days: 4 profitable days

Scaling Plan

Express Funded provides a scaling plan. With which, traders to grow their accounts up to $1 million. There are not any specific rules mentioned by Express Funded but they have that the trader must have to say consistently profitable.

Spreads and News Trading Rules

Spreads:

Express Funded has not mentioned any information related to the spreads they offer on their platform.

News Trading Rules:

Express Funded permits news trading. They recognize that news events can present significant trading opportunities, and traders are free to capitalize on these moments without restrictions.

Other Important Rules

Daily Drawdown Calculation:

Express Funded calculated Daily drawdown based on equity at any given time. The drawdown type used here was Equity based drawdown which means the drawdown limit will increase or decrease as the account balance grows or shrinks.

Countries Banned from Purchasing:

Traders from the following countries cannot access Express Funded services due to compliance with international trading regulations:

United States
Canada
Belgium
France
Japan
North Korea
South Korea
Myanmar
Pakistan
Iran
OFAC Sanctioned Countries

Gambling Rules:

Express Funded has not mentioned any information related to gambling rules on their website.

Prohibited Trading Strategies:

Express Funded prohibits certain trading strategies, Which include:

Scalping (High-Speed Trading):
- Defined as executing numerous transactions on small price changes (average 5 pips) or holding positions for under 5 minutes.
- Includes hedged positions closed in a short timeframe.
- Accounts involved in scalping may face suspension without notice.
Use of Expert Advisors (“Robots”):
- Automated software that executes trades without manual intervention is strictly forbidden.
- Accounts found using such software risk suspension, profit withdrawals, and possible closure.

Payout Methods:

Express Funded has not mentioned any information related to what payment methods they offer on their website.

Trading Commissions:

Express Funded has not mentioned any information related to trading commissions and how much they charge commissions on each asset class on their platform.

IP Rule:

Express Funded has a strict IP rule to maintain account security and trading integrity among their traders. Traders will have to understand that the IP address region used during Evaluation (Phases 1 & 2) and Master Trading accounts must remain the same. If a different IP address region is detected, the trader might need to provide a valid reason for the change and if a trader is about to travel to a different region then they will have to notify Express Funded customer support beforehand to avoid any kind of disruption.

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