Limitless Funding



Details About Limitless Funding

Legal Name: Prop Account, LLC
Company Number: Not disclosed
Country of Registeration: Not disclosed
CEO: Not available
Support Mail: [email protected]
Phone: Not available
Payment Modes: Crypto, Credit/Debit Card
Withdrawal Methods: Crypto
Banned Countries:

Challenge Details at Limitless Funding

Types of Challenges: One Phase Challenge, Two Phase Challenge, Three Phase Challenge
Trading Platforms: Metatrader, cTrader, DXTrade
Trading Instruments: Forex, CFDs, Commodities, Metals, Stocks, Crypto
Broker: ThinkMarkets
Max Allocation: $1,000,000
Scaling: $Not available
Trading Competitions: Does not organize Trading Competitions
Free Trials: Does not offer free Trials
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About Limitless Funding

Limitless Funding is a premier proprietary trading firm designed to empower traders with unparalleled opportunities for growth and success. By offering a variety of evaluation programs, Limitless Funding caters to traders of all experience levels, providing the tools and capital needed to thrive in the dynamic world of financial markets.

At the heart of Limitless Funding's offering is a commitment to real-time performance analysis through advanced risk management software. This integration ensures that traders' accomplishments and rule adherence are continuously monitored, fostering a transparent and secure trading environment. Traders are required to use accounts assigned by Limitless Funding, ensuring seamless integration with their monitoring systems.

One of the standout features of Limitless Funding is its approach to gains and breaches. In the event of a hard breach in a Funded account, traders retain their portion of the gains, providing a fair and motivating structure. For example, if a trader grows a $100,000 account to $110,000 and then breaches the rules, they still receive 80% of the $10,000 profit, or 90% if they opted for an upgraded gain split.

Upon passing the evaluation, traders are provided with live accounts backed by real funds, enabling them to trade with confidence and potential for unlimited gains. Limitless Funding supports a diverse range of trading strategies, including hedging, algorithmic trading, and the use of Expert Advisors (EAs), provided they comply with legitimate market conditions.

Risk management is a core principle at Limitless Funding. The Maximum Trailing Drawdown and Daily Loss Limit are calculated to ensure traders maintain disciplined trading practices. The Maximum Trailing Drawdown initially trails the account's high water mark until a 6% gain is achieved, after which it locks at the initial balance. This allows for greater trading flexibility while maintaining stringent risk controls.

Traders are also required to place stop losses on all trades, promoting sound risk management. However, an add-on feature at checkout allows for the omission of stop losses if desired. Furthermore, Limitless Funding imposes no restrictions on the number of lots traded, providing traders with the freedom to scale their strategies effectively.

The firm offers leverage up to 30:1 for 2-phase evaluation accounts and 20:1 for 1-phase and 3-phase accounts, with the option to increase leverage through add-ons. This balanced leverage approach helps traders maximize their potential while minimizing the risk of account blowouts.

Limitless Funding operates on the platforms provided by ThinkMarkets, with compatibility for TradingView expected in the next iteration of their platform, V2.0. This ensures traders have access to cutting-edge trading tools and resources.

Funded accounts mirror the evaluation account rules, maintaining consistency and clarity for traders. Profit withdrawals can be requested at any time, with subsequent withdrawals allowed every 30 days. This flexibility ensures traders can access their earnings efficiently while adhering to sound risk management practices.