How does the assessment process work at Nordic Funder?

At Nordic Funder, the assessment involves achieving a 10% profit target while maintaining a 10% maximum trailing loss and a 5% daily loss limit, with no time constraints.

What profit-sharing model does Nordic Funder offer?

Nordic Funder offers a profit-sharing model where traders can earn up to 90% of the profits they generate in their funded accounts.

What account sizes are available at Nordic Funder?

Nordic Funder provides account sizes of $25,000, $50,000, $100,000, $200,000, and $400,000, with the potential to scale up to $1 million.

Can traders at Nordic Funder scale their accounts?

Yes, at Nordic Funder, traders can scale their accounts by reaching a 10% profit target, allowing them to progressively access larger amounts of capital up to $1 million.

What are the trading conditions at Nordic Funder?

Nordic Funder offers fair and transparent trading conditions, including a 10% maximum trailing loss, a 5% daily loss limit, and no time constraints on meeting profit targets.

What trading platforms does Nordic Funder support?

Nordic Funder currently supports MetaTrader 4, with plans to integrate cTrader and MetaTrader 5 in the future.

What instruments can I trade with Nordic Funder?

With Nordic Funder, you can trade a variety of instruments, including currency pairs, cryptocurrencies, precious metals, oil, and indices through their partner, Scandinavian Capital Markets.

Can I use automated trading strategies at Nordic Funder?

Yes, Nordic Funder allows the use of automated trading strategies and custom indicators, as long as they are developed by the trader and not purchased for the assessment.

Does Nordic Funder permit high-frequency trading?

No, Nordic Funder does not permit high-frequency trading strategies as they are difficult to monetize and often result in poor performance.

How are payouts processed at Nordic Funder?

Payouts at Nordic Funder are processed through the Rise platform. Traders can request payouts anytime they have at least 2% profit in their funded accounts.

Can I hold positions overnight with Nordic Funder?

Yes, traders can hold positions overnight with Nordic Funder, but they must close all trades by 21:30 UTC on Fridays unless they purchase a weekend trading add-on.

What are the trading fees at Nordic Funder?

The trading fees at Nordic Funder are set by Scandinavian Capital Markets, with a $7 commission per lot for currencies and metals. There are no commissions for trading oil, cryptocurrencies, or indices.

What leverage options are available at Nordic Funder?

Nordic Funder offers default leverage of 1:10, with an option to upgrade to 1:20, allowing for greater buying power and increased max exposure.

Is there a time limit to pass the assessment at Nordic Funder?

No, there is no time limit to pass the assessment at Nordic Funder, allowing traders to achieve their profit targets at their own pace.

Can I trade during major news events with Nordic Funder?

Yes, Nordic Funder allows traders to keep positions open and trade during major news events.

Does Nordic Funder allow the use of trade copiers?

Yes, Nordic Funder permits the use of trade copiers, provided they are not used to operate prohibited trading strategies.

What happens if I am inactive for a period at Nordic Funder?

If you do not open or close any positions for 30 consecutive days, Nordic Funder will close your account. You will need to retake the assessment to resume trading.

What is the maximum funding available at Nordic Funder?

The maximum funding available at Nordic Funder is $1 million, achievable through the scaling process by repeatedly hitting the 10% profit target.

How long has Nordic Funder been operating?

Nordic Funder has been operating since November 2021, initially as a division of Scandinavian Capital Markets before becoming an independent entity in 2022.