Does Funding Your Trades have any trading restrictions?

No, Funding Your Trades imposes no trading restrictions. Traders can engage in news trading, hold positions overnight or over the weekend, and use Expert Advisors (EAs).

What is the balance-based drawdown system at Funding Your Trades?

Funding Your Trades uses a balance-based drawdown system that focuses on the account balance rather than equity, providing a stable trading environment and consistent risk management.

What instruments can be traded on Funding Your Trades?

Funding Your Trades offers over 1,000 instruments, including Forex, indices, commodities, and cryptocurrencies, available for trading on the MT5 platform.

How quickly are payouts processed at Funding Your Trades?

Funding Your Trades processes payouts within 48 hours of approval. If there is a delay, the firm offers an additional $500 as compensation.

Does Funding Your Trades offer a scaling plan?

No, Funding Your Trades does not require a scaling plan. Traders can earn 90% profit from the start without needing to follow a scaling plan.

What leverage is offered by Funding Your Trades?

Funding Your Trades offers leverage of 1:50 for Forex, 1:20 for indices and commodities, and 1:2 for cryptocurrencies.

What is the minimum profit target for the first payout at Funding Your Trades?

There is no minimum profit target for the first payout at Funding Your Trades. Traders can request a withdrawal once they reach $100 in profit.

Can traders use automated trading strategies at Funding Your Trades?

Yes, Funding Your Trades allows traders to use automated trading strategies, including Expert Advisors (EAs).

What are the trading platforms available at Funding Your Trades?

Funding Your Trades exclusively uses the MT5 trading platform for all trading activities.

Funding Your Trades Prop Firm Details and Reviews, Legit or Scam?

Funding Your Trades

[email protected]

Details About Funding Your Trades

Legal Name: FYT Technology LLC

Company Number: Not disclosed

Country of Registeration: CA

CEO: Not available

Support Mail: [email protected]

Phone: Not available

Payment Modes: Not disclosed

Withdrawal Methods: Not disclosed

Website: https://fundingyourtrades.com

Banned Countries:

Challenge Details at Funding Your Trades

Types of Challenges: One Phase Challenge, Two Phase Challenge, Instant Funding

Trading Platforms: MetaTrader

Trading Instruments: Forex, Indices, Crypto, Commodities

Broker: Not disclosed

Max Allocation: $100,000

Scaling: $Not available

Trading Competitions: Does not organize Trading Competitions

Free Trials: Does not offer free Trials

About Funding Your Trades

Company Information
Company Name: Funding Your Trades
Company Legal Name: FYT Technology LLC
Company Registration no.: Undisclosed
Operating Since: 31 June 2024
CEO Name: Undisclosed
Challenge Details
1-Step Challenge Details
Pricing:
$5,000: $85
$10,000: $150
$25,000: $300
$50,000: $450
$100,000: $600
$200,000: $1,100
Rules:
Profit Target: 10%
Total Loss: 6%
Daily Loss: 4%
Profit Share: 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage:
Forex: 1:50
Indices: 1:20
Commodities: 1:20
Crypto: 1:2
Max Lot Size: No limit
Payout Frequency: 30 Days
Allows Copy Trading: No
Min Trading Days: Unlimited
2-Step Challenge Details
Pricing:
$5,000: $100
$10,000: $200
$25,000: $350
$50,000: $500
$100,000: $650
$200,000: $1,150
Rules:
Profit Target (Phase 1): 8%
Profit Target (Phase 2): 5%
Total Loss: 11%
Daily Loss: 5%
Profit Share: 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage:
Forex: 1:50
Indices: 1:20
Commodities: 1:20
Crypto: 1:2
Max Lot Size: No limit
Payout Frequency: 30 Days
Allows Copy Trading: No
Min Trading Days: Unlimited
2-Step (No Time Limit) Challenge Details
Pricing:
$5,000: $85
$10,000: $150
$25,000: $300
$50,000: $450
$100,000: $600
$200,000: $1,100
Rules:
Profit Target (Phase 1): 8%
Profit Target (Phase 2): 5%
Total Loss: 11%
Daily Loss: 5%
Profit Share: 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage:
Forex: 1:50
Indices: 1:20
Commodities: 1:20
Crypto: 1:2
Max Lot Size: No limit
Payout Frequency: 30 Days
Allows Copy Trading: No
Min Trading Days: Unlimited
Instant Funding Details
Pricing:
$5,000: $200
$10,000: $400
$25,000: $1000
$50,000: $2000
$100,000: $4000
Rules:
Profit Target: None
Total Loss: 6%
Daily Loss: 6%
Profit Share: 70%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage:
Forex: 1:50
Indices: 1:20
Commodities: 1:20
Crypto: 1:2
Max Lot Size: No limit
Payout Frequency: 30 Days
Allows Copy Trading: No
Min Trading Days: Unlimited
Scaling Plan
Funding Your Trades does not offer any Scaling Plan.
Spreads and News Trading Rules
Spreads
Funding Your Trades has not mentioned the spreads applied on their trading platforms.
News Trading Rules
News Trading is totally allowed by Funding Your Trades.
Other Important Rules
Daily Drawdown Calculation
Funding Your Trades calculates Daily Drawdown based on the Balance-based Drawdown which means the daily drawdown limit will only increase as the account balance increases but never decreases.
Countries Banned from Purchasing
Funding Your Trades has not mentioned the list of countries which are not allowed to use their services.
Prohibited Trading Strategies:
Gap trading
High-frequency trading
Server spamming
Arbitrage
Toxic trading flow
Tick scalping
Server execution
Hedging between accounts
Strategies promoted by third parties
Copy trading or account management by external vendors
Payout Methods
Funding Your Trades has not mentioned their payout methods.
Trading Commissions
Trading Commissions set by Funding Your Trades are as follows :
For FX, Crypto, Commodities - $4.5 per lot
For Indices - $0.45 per lot
IP Rule
Funding Your Trades has not mentioned any IP Rule but we advice traders to trade using the same device from which they have used to purchase the challenge account.