About Arctic Funding

Company Information

• Company Name: Arctic Funding
• Company Legal Name: ARCTIC FUNDING – FZCO
• Company Registration No.: 39760
• Operating Since: March 15, 2024
• CEO Name: Buddima Dalpathadu

Challenge Details

Arctic Funding provides multiple challenge models to suit traders of all levels. Here’s an overview of the different challenges and their details.

1-Step Forex Challenge

Pricing:

• $10,000 Account: $88
• $25,000 Account: $180
• $50,000 Account: $272
• $100,000 Account: $399
• $200,000 Account: $784

Rules:

• Profit Target: 9%
• Total Loss: 6%
• Daily Loss: 4%
• Profit Share: 80% (up to 100%)
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage: Forex 1:30, Commodities 1:10, Indices 1:10, Stocks 1:10, Crypto 1:2
• Max Lot Size: No Limit
• Payout Frequency: Every 14 Days
• Allows Copy Trading: Yes
• Minimum Trading Days: 7 Days

2-Step Forex Challenge

Pricing:

• $10,000 Account: $77
• $25,000 Account: $168
• $50,000 Account: $228
• $100,000 Account: $376
• $200,000 Account: $760

Rules:

• Profit Target (Phase 1): 8%
• Profit Target (Phase 2): 5%
• Total Loss: 8%
• Daily Loss: 3% (up to 5%)
• Profit Share: 80% (up to 100%)
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage: Forex 1:30, Commodities 1:10, Indices 1:10, Stocks 1:10, Crypto 1:2
• Max Lot Size: No Limit
• Payout Frequency: Every 14 Days
• Allows Copy Trading: Yes
• Minimum Trading Days: 3 Days

2-Step Stock Challenge

Pricing:

• $10,000 Account: $110
• $25,000 Account: $256
• $50,000 Account: $356
• $100,000 Account: $560
• $200,000 Account: $1,080

Rules:

• Profit Target (Phase 1): 10%
• Profit Target (Phase 2): 6%
• Total Loss: 10%
• Daily Loss: 4%
• Profit Share: 80% (up to 100%)
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage: Forex 1:30, Commodities 1:10, Indices 1:10, Stocks 1:10, Crypto 1:2
• Max Lot Size: No Limit
• Payout Frequency: Every 14 Days
• Allows Copy Trading: Yes
• Minimum Trading Days: 3 Days

Express Forex Challenge

Pricing:

• $10,000 Account: $57
• $25,000 Account: $126
• $50,000 Account: $171
• $100,000 Account: $282
• $200,000 Account: $570

Rules:

• Profit Target: 5%
• Total Loss: 4%
• Daily Loss: 3%
• Profit Share: 80% (up to 100%)
• Drawdown Type: Trailing Drawdown
• Time Limit: 7 Days
• Leverage: Forex 1:30, Commodities 1:10, Indices 1:10, Stocks 1:10, Crypto 1:2
• Max Lot Size: No Limit
• Payout Frequency: Every 14 Days
• Allows Copy Trading: Yes
• Minimum Trading Days: 7 Days

Express Stock Challenge

Pricing:

• $10,000 Account: $76
• $25,000 Account: $176
• $50,000 Account: $245
• $100,000 Account: $385
• $200,000 Account: $743

Rules:

• Profit Target: 5%
• Total Loss: 4%
• Daily Loss: 3%
• Profit Share: 80% (up to 100%)
• Drawdown Type: Trailing Drawdown
• Time Limit: 7 Days
• Leverage: Forex 1:30, Commodities 1:10, Indices 1:10, Stocks 1:10, Crypto 1:2
• Max Lot Size: No Limit
• Payout Frequency: Every 14 Days
• Allows Copy Trading: Yes
• Minimum Trading Days: 7 Days

Vintage Forex Challenge

Pricing:

• $10,000 Account: $86
• $25,000 Account: $188
• $50,000 Account: $256
• $100,000 Account: $422
• $200,000 Account: $853

Rules:

• Profit Target (Phase 1): 6%
• Profit Target (Phase 2): 6%
• Total Loss: 8%
• Daily Loss: 3% (up to 5%)
• Profit Share: 80% (up to 100%)
• Drawdown Type: Static (Phase 1), Trailing (Phase 2)
• Time Limit: 30 Days and up to 60 Days
• Leverage: Forex 1:30, Commodities 1:10, Indices 1:10, Stocks 1:10, Crypto 1:2
• Max Lot Size: No Limit
• Payout Frequency: Every 14 Days
• Allows Copy Trading: Yes
• Minimum Trading Days: 6 Days

Vintage Stock Challenge

Pricing:

• $10,000 Account: $124
• $25,000 Account: $287
• $50,000 Account: $400
• $100,000 Account: $628
• $200,000 Account: $1212

Rules:

• Profit Target (Phase 1): 6%
• Profit Target (Phase 2): 6%
• Total Loss: 8%
• Daily Loss: 3% (up to 5%)
• Profit Share: 80% (up to 100%)
• Drawdown Type: Static (Phase 1), Trailing (Phase 2)
• Time Limit: 30 Days and up to 60 Days
• Leverage: Forex 1:30, Commodities 1:10, Indices 1:10, Stocks 1:10, Crypto 1:2
• Max Lot Size: No Limit
• Payout Frequency: Every 14 Days
• Allows Copy Trading: Yes
• Minimum Trading Days: 6 Days

Scaling Plan

Arctic Funding offers a very unique scaling plan which is divided into four parts and to qualify for account scaling, traders must achieve a net profit of 15% over four months period, with a minimum monthly profit of 2% and a maximum profit of 5% per month will count towards the target. With this scaling plan, Traders can scale their account to up to 160% of their initial balance. 

Arctic Funding Scaling Plan is divided into four levels, Here's how it works :-

Stage 1 (Glacier) :

Benefits :- 

• Simulated Profit Split will be increased From 80% to 85%.
• Initial Account Balance will be increased by +40%.
• Max Drawdown will be increased by +2%.
• Max Daily Drawdown will be increased by +1%.
• Withdrawal period will be reduced to 14 to 7 days.
• Traders will get a Free Challenge if they fail their challenge.
• Traders will get a salary of up to $600 based on their account sizes.

Stage 2 (Iceberg) :

Benefits :- 

• Simulated Profit Split will be increased From 85% to 90%.
• Initial Account Balance will be increased by +80%.
• Max Drawdown will be increased by +4%.
• Max Daily Drawdown will be increased by +1%.
• Traders will get a Free Challenge if they fail their challenge.
• Traders will get a salary of up to $1150 based on their account sizes.

Stage 3 (Avalanche) :

Benefits :- 

• Simulated Profit Split will be increased From 90% to 95%.
• Initial Account Balance will be increased by +120%.
• Max Drawdown will be increased by +5%.
• Max Daily Drawdown will be increased by +1%.
• Traders will get a Free Challenge if they fail their challenge.
• Traders will get a salary of up to $1250 based on their account sizes.

Stage 4 (Summit) :

Benefits :- 

• Simulated Profit Split will be increased From 95% to 100%.
• Initial Account Balance will be increased by +160%.
• Max Drawdown will be increased by +10%.
• Max Daily Drawdown will be increased by +2%.
• Traders will get a Free Challenge if they fail their challenge.
• Traders will get a salary of up to $1450 based on their account sizes.

Spreads and News Trading Rules

Spreads:

Arctic Funding offers traders to check live spreads on their trading platform. Traders can check the spreads by downloading the trading platform and logging in with these details :- 

Forex and Stocks Accounts on DXtrade:

• Login: 10743907093
• Password: 92twnwpx6nkpuc
• Forex Account: 107431658112
• Stocks Account: 107432931106
   

Forex and Stocks Accounts on TradeLocker:

• Login: [email protected]
• Password: fnc2sWM3%xk^
• Server: ARCTIC
• Forex Account: 792147
• Stocks Account: 792148

News Trading Rules:

Arctic Funding allow traders to trade during news without any restrictions although traders are advised to be cautious of the wide spreads and slippage. Traders must have keep in mind that News Stradding is not allowed.

Other Important Rules

Daily Drawdown Calculation:

• 1-Step & 2-Step Forex Challenges: Static drawdown, allowing profits without affecting daily drawdown.
• Express Challenge (Forex and Stocks): Drawdown trails from the highest equity level.
• 2-Step Stocks Challenge: Calculated based on the balance or equity whichever is higher at the end of the day.
• Vintage Challenge (Forex and Stocks): Based on starting balance or equity at the start of the day.

Countries Banned from Purchasing

Traders from the following countries cannot participate:

• Cuba
• Iran
• Iraq
• Myanmar
• North Korea
• Russia
• Somalia
• Syria
• United Arab Emirates
• Vietnam
• Yemen

Gambling Rules

Arctic Funding has strict rule towards gambling activities, Traders cannot engage in these few gambling strategies :-

• Excessive scalping (trades held under one minute)
• Martingale strategy
• Trading without risk management/Stop loss

Prohibited Trading Strategies

Arctic Funding has prohibited few trading strategies which are as follow :-

• Group Trading: Copy trading or reverse trading with others is not allowed.
• High-Frequency Trading
• News Scalping
• Arbitrage
• Multi-Account Reverse Trading
• Tick Scalping
• Group hedging
• Hedging
• Purchasing or providing account management services
• Engaging in prop firm passing services, is forbidden.
• Sharing account information or allowing someone else to pass an account on your behalf will result in the loss of all involved accounts.
• Mirroring trades from another trader or group of traders across multiple accounts is not allowed.

Payout Methods

Arctic Funding offer payouts via two methods :-

• Cryptocurrency
• Bank transfers

Trading Commissions

Trading commissions set by Arctic Funding are as follows :-

• FX & Gold: $5 per lot
• Stocks, Indices, and Crypto: No commissions

IP Rule

Accessing multiple accounts from the same IP address or using multiple IP addresses for one account is restricted.