Company Information

Company Name: Funded Forex
Company Legal Name: FundedForex LLC
Company Registration No.: Undisclosed
Operating Since: December 2024
CEO Name: Undisclosed

Challenge Details

Funded Forex provides traders with two distinct types of 2-phase challenge accounts: Elite Challenge and Unlimited Challenge. Additionally, they offer two types of Instant Funding Programs: Instant Funding – Conservative and Instant Funding – Aggressive. Let’s break down each of these offerings in detail.

Elite Challenge Details:-

Pricing:

$5,000: $69
$10,000: $98
$25,000: $200
$50,000: $375
$100,000: $525
$200,000: $989

Rules:

Profit Target (Phase 1): 10%
Profit Target (Phase 2): 5%
Total Loss: 11%
Daily Loss: 8%
Profit Share: 80%
Drawdown Type: Static Drawdown
Time Limit: 35 Days for Phase 1 and 70 Days for Phase 2
Max Lot Size: No limit
Payout Frequency: Every 7 Days
Allows Copy Trading: Yes
Min Trading Days: 5 Days

Unlimited Challenge Details

Pricing:

$5,000: $69
$10,000: $98
$25,000: $200
$50,000: $375
$100,000: $525
$200,000: $989

Rules:

Profit Target (Phase 1): 10%
Profit Target (Phase 2): 5%
Total Loss: 10%
Daily Loss: 6%
Profit Share: 80%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Max Lot Size: No limit
Payout Frequency: Every 7 Days
Allows Copy Trading: Yes
Min Trading Days: 10 Days

Instant Funding – Conservative Details

Pricing:

$5,000: $250
$10,000: $500
$25,000: $1,250
$50,000: $2,500
$100,000: $5,000

Rules:

Profit Target: None
Total Loss: 5%
Daily Loss: None
Profit Share: 50%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Max Lot Size: No limit
Payout Frequency: Every 14 Days
Allows Copy Trading: Yes
Min Trading Days: None

Instant Funding – Aggressive Details

Pricing:

$5,000: $450
$10,000: $900
$25,000: $2,250
$50,000: $4,500
$100,000: $9,000

Rules:

Profit Target: None
Total Loss: 5%
Daily Loss: None
Profit Share: 50%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Max Lot Size: No limit
Payout Frequency: Every 14 Days
Allows Copy Trading: Yes
Min Trading Days: None

Leverage

Leverage options vary depending on whether you're a Brokerage Client or a Prop Firm Client. Here's a breakdown:

Brokerage Client

Cash Account: Up to 1:500 leverage

Prop Firm Client

Elite Accounts (Applicable for both Evaluation and Funded stages):

Forex: 1:100
Commodities: 1:50
Indices: 1:50
Crypto: 1:50

Unlimited, Bolt, and Launch Giveaway Accounts (Applicable for both Evaluation and Funded stages):

Forex: 1:50
Commodities: 1:50
Indices: 1:50
Crypto: 1:50

Instant Funding Accounts (Applicable for Funded stage only):

Forex: 1:30
Commodities: 1:30
Indices: 1:30
Crypto: 1:30

Note: In Instant Funding Accounts, Crypto offers up to 1:50 leverage in the Funded stage.

Scaling Plan

No scaling plan available at Funded Forex.

Spreads and News Trading Rules

Spreads

For taking a look at real-time spreads, traders can refer to the following accounts on our trading platforms:

Trading Platform Version 4

Login ID: 10005
Password: FundedForex
Server ID: MT4 - Funded Forex (webtrader.fundedforex.com)

Trading Platform Version 5

Login ID: 10005
Password: FundedForex
Server ID: MT5-FundedForex (webtrader.fundedforex.com)

News Trading Rules

Funded Forex allow traders to trade during news but restrict traders to traders 5 minutes before and 5 minutes after a high-impact news events. During this 10 minutes time window, traders can hold their trades but traders are strictly prohibited to execute new trade or modify any pending orders.
If a trader wants to trade in this restricted 10 minutes time window then they will have to purchase the Add-on.

Other Important Rules

Daily Drawdown Calculation

Funded Forex calculates Daily drawdown based on the higher of Equity or Balance at the end of each day. This means as your account balance grows or shrinks, your drawdown limit will adjust accordingly.

Countries Banned from Purchasing

Funded Forex does not offer services to residents of the following countries:

Afghanistan
Botswana
Congo
Crimea
Cuba
Democratic Republic of Congo (DPRK)
Republic of the Congo
Ethiopia
Iran
Iraq
Japan
Libya
Myanmar (Burma)
North Korea
Pakistan
Russian Federation
Spain
Somalia
Sudan
Syria
Trinidad and Tobago
Tunisia
Yemen
Zimbabwe

Gambling Rules

Funded Forex has 4 clear gambling activities which can lead to account termination and these activites are :-

Overleveraging: A Common Trading Pitfall
Overexposure in Trading
One-Sided Bets in Trading
Account Rolling in Prop Trading

Prohibited Trading Strategies

Funded Forex enforces a strict zero-tolerance policy against any form of cheating or exploitation of the platform. Here are some prohibited strategies:

High Frequency Trading (HFT)
Latency Trading
Copy Trading (Specific to Prop Accounts; does not apply to Cash Brokerage Accounts)
Hedging or Group Hedging Across Various Accounts
Arbitrage Trading, Tick Scalping, or Hyper Activity
Account Sharing/Device Sharing
One-sided Betting
Grid Trading/Martingale: Allowed only in Challenge Phases, not on Funded Accounts; allowed only on Instant Funding Accounts & Cash Brokerage Accounts.

Consequences: Any violation leads to immediate account termination, rejection of Funded Forex account applications, and a permanent ban from all Funded Forex services.

Payout Methods

Funded Forex offers Cryptocurrency as their primary payout method. Traders can get their payout in USDT ERC20

Trading Commissions

Trading Commissions charged by Funded Forex are as follows.

Forex: $8/Lot (round trip)
Commodities: $9/Lot (round trip)
Indices: $10/Lot (round trip)
Crypto: $10/Lot (round trip)

IP Rule

Funded Forex allow traders to trade with up to 3 devices, Traders are advised to use their personal devices to trade as Funded Forex's trading platforms track and log device usage to ensure account security.

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