Company Information

Company Name: Multiverse Funding
Company Legal Name: MULTIVERSE FD LTD
Company Registration No.: 15534940
Operating Since: February 2024
CEO Name: Undisclosed

Challenge Details

Multiverse Funding offers two types of trading account options: a 2-Step Evaluation Program and an Instant Funding (HFT Series) program. These programs have specific requirements and rewards designed to help traders demonstrate their skill level before accessing larger trading capital.

2-Step Evaluation Details

This program is structured to test a trader’s skill and discipline over two phases. Successful completion of these phases enables the trader to access Multiverse Funding’s capital with profit-sharing benefits.

Pricing for the 2-Step Evaluation Program:

• $5,000 Account: $45
• $10,000 Account: $95
• $25,000 Account: $195
• $50,000 Account: $295
• $100,000 Account: $495
• $200,000 Account: $895

Rules for the 2-Step Evaluation Program:

• Profit Target (Phase 1): 8%
• Profit Target (Phase 2): 5%
• Total Loss: 10%
• Daily Loss: 5%
• Profit Share: Starts at 80%, up to 100%
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage: Not mentioned
• Payout Frequency: 30 days (minimum of 14 days for eligible traders)
• Allows Copy Trading: No
• Minimum Trading Days: 5 days

Instant Funding (HFT Series)

Pricing for Instant Funding Program:

• $5,000 Account: $95
• $10,000 Account: $195
• $25,000 Account: $295
• $50,000 Account: $395
• $100,000 Account: $595
• $200,000 Account: $995

Rules for Instant Funding Program:

• Profit Target: None
• Total Loss: 8%
• Daily Loss: 4%
• Profit Share: Starts at 50%, up to 100%
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage: Not mentioned
• Payout Frequency: 30 days (as low as 14 days for some traders)
• Allows Copy Trading: No
• Minimum Trading Days: 10 days

Lot Size Limit :-

• $25,000 Account: 10 lots
• $50,000 Account: 15 lots
• $100,000 Account: 25 lots
• $200,000 Account: 40 lots

Scaling Plan

Currently, Multiverse Funding does not offer a scaling plan.

Spreads and News Trading Rules

Spreads:

Spreads are not mentioned by Multiverse Funding.

News Trading Rules:

News trading is allowed on both Instant Funding and 2-Step Evaluation accounts. However, Traders cannot open or close positions within five minutes before or after major news releases. Breaking this rule will result in account termination.

Other Important Rules

Daily Drawdown Calculation:

Multiverse Funding offers a fixed daily loss or Static Drawdown. This means the drawdown amount stay still throughout the challenge and funded phase. This daily drawdown is applied in both 2-Step Evaluation and Instant Funding.

Countries Banned from Purchasing:

Multiverse Funding allows traders from around the globe without any specific regional restrictions.

Gambling Rules:

Multiverse Funding has a strict policies against gambling behaviors. To promote disciplined trading, the maximum risk per trade is set between 0.25% and 1% of the total account balance. Risking more than 1% per trade is against policy and may lead to leverage reduction or account termination.

Prohibited Trading Strategies:

The following strategies are not allowed during the Master Trader phase:

• Grid Trading or Grid Trading Software
• Martingale Trading or Martingale EAs
• Latency Arbitrage
• Hedging Orders Across Multiple Accounts
• Exploiting News Volatility Through Guaranteed Limit Order Fills
• Using Delayed Data Feeds for Risk-Free Profit
• Copy Trading of Another Person's Signals/System or among multiple users on Multiverse Funding’s platform
• Account Management by a Third Party
• Tick Scalping (holding trades for a few seconds only)

Violating these rules could lead to account termination or permanent ban.

Payout Methods

All payouts are given through Rise and from there traders can choose either they want to trade in cryptocurrency or bank transfers. Multiverse Funding also offers Crypto Payouts as well.

• Payouts over $500 are Processed through Rise using bank transfer or cryptocurrency.
• Payouts below $500 are Paid directly to the trader’s crypto wallet (BTC Network, USDT ERC20, and USDT TRC20).

Trading Commissions:

Multiverse Funding has not mentioned the Trading Commissions charged on their trading platform.

IP Rule:

Multiverse Funding has not mentioned any IP Address rule. We recommend traders to trade using the same device from which they will purchase any of the accounts.