Company Information

• Company Name: Kingdom Wealth Funding
• Company Legal Name: Prop Account, LLC
• Company Registration No.: Undisclosed
• Operating Since: Undisclosed
• CEO Name: Undisclosed

Challenge Details

Kingdom Wealth Funding offers a straightforward evaluation program designed to test a trader’s skills and discipline. Here's a breakdown:

Pricing

• $25,000 Account: $250
• $50,000 Account: $500
• $100,000 Account: $1,000
• $300,000 Account: $2,900
• $500,000 Account: $4,800
• $1,000,000 Account: $8,500

Rules

• Profit Target (Phase 1): 10%
• Total Loss: 6%
• Daily Loss: 5%
• Profit Share: Undisclosed
• Drawdown Type: Balance-based
• Time Limit: Undisclosed
• Leverage:
  • Forex, Metals, Indices: 10:1
  • Equity Shares: 5:1
  • Cryptos: 2:1
• Payout Frequency: 30 Days
• Allows Copy Trading: Undisclosed
• Minimum Trading Days: Undisclosed

Max Lot Size

• $25,000 Account: 2.5 lots with risk
• $50,000 Account: 5 lots with risk
• $100,000 Account: 10 lots with risk
• $250,000 Account: 25 lots with risk
• $500,000 Account: 50 lots with risk
• $1,000,000 Account: 100 lots with risk

Scaling Plan

Kingdom Wealth Funding does not offer any scaling plan.

Spreads and News Trading Rules

Spreads

Kingdom Wealth Funding has not mentioned any information related to spreads on their website.

News Trading Rules

Kingdom Wealth Funding allow traders to trade during news events without any restrictions.

Other Important Rules

Daily Drawdown Calculation

The daily loss limit is calculated using the previous day's balance and resets at 5 PM EST. This model allows traders to scale profits without the risk of violating equity-based drawdowns, ensuring flexibility and account growth.

Countries Banned from Purchasing

Kingdom Wealth Funding allow traders from all around the world except the OFAC Sanctioned countries. Traders can check the list of these countries here :-  https://ofac.treasury.gov/sanctions-programs-and-country-information

Prohibited Trading Strategies

To maintain fair and legitimate trading, the following trading activities or strategies are not allowed by Kingdom Wealth Funding:

1. Exploiting pricing or platform errors.
2. Using insider or non-public information.
3. Front-running trades from other accounts.
4. Engaging in activities jeopardizing broker relationships or causing regulatory issues.
5. Utilizing pre-marketed or third-party strategies to pass challenges.
6. Switching strategies after passing an assessment.
7. Holding single-share equity CFDs during earnings releases (violations result in immediate account breach).
8. Arbitrage between accounts.

Violations of these rules can lead to account termination and forfeiture of fees. All trading activities are reviewed before granting funded accounts.

Payout Methods

Kingdom Wealth Funding provide traders their payouts via Deel.

Trading Commissions

Kingdom Wealth Funding offers RAW accounts and apply commission charges on Forex and Equity Share CFDs. For other instruments, there is no commission charges.

• Forex and Equity Share CFDs: RAW accounts with commission charges.
• Other Products: No commission charges.

IP Rule

Kingdom Wealth Funding has not mentioned any information related to IP Rule on their website.