Details About Speed Funded Traders
Legal Name: Not disclosed
Company Number: Not disclosed
Country of Registeration: Not disclosed
CEO: Not available
Support Mail: Not available
Phone: Not available
Payment Modes: Not disclosed
Withdrawal Methods: Not disclosed
Website: https://speedfundedtraders.com
Banned Countries:
Challenge Details at Speed Funded Traders
Types of Challenges: Instant Funding, Two Phase Challenge
Trading Platforms: Metatrader 4, Metatrader 5
Trading Instruments: Forex, Stocks, Commodities, Indices
Broker: Not disclosed
Max Allocation: $300,000
Scaling: $Not available
Trading Competitions: Does not organize Trading Competitions
Free Trials: Does not offer free Trials
About Speed Funded Traders
Company Information
Company Name: Speed Funded Traders
Note : There is no legal information available related to Speed Funded Traders
Challenge Details
Speed Funded Traders offered two different funding programs to get you funded: Instant Funding and 2-Step Evaluation.
Instant Funding
Pricing:
- Size: $5,000 ($53)
- Size: $10,000 ($85)
- Size: $20,000 ($129)
- Size: $50,000 ($270)
- Size: $100,000 ($485)
- Size: $200,000 ($899)
Rules:
- Profit Target: 10%
- Daily Drawdown: 5%
- Maximum Drawdown: 10%
- Leverage: 1:200
- Minimum Trading Days: 0
- Challenge Period: Unlimited
- Weekend Holding: Allowed
- High Impact News Trading: Allowed
- EA (Expert Advisors): Allowed
2-Step Evaluation
Pricing:
- Size: $5,000 ($29)
- Size: $10,000 ($45)
- Size: $25,000 ($87)
- Size: $50,000 ($155)
- Size: $100,000 ($300)
- Size: $200,000 ($418)
- Size: $300,000 ($629)
Rules:
- Profit Target (Phase 1): 8%
- Profit Target (Phase 2): [Insert Phase 2 Target]
- Daily Drawdown: 5%
- Maximum Drawdown: 12%
- Leverage: 1:100
- Minimum Trading Days: 0
- Challenge Period: Unlimited
- Weekend Holding: Allowed
- High Impact News Trading: Allowed
Scaling Plan
Speed Funded Traders oid not offer any scaling plan.
Spreads and News Trading Rules
Spreads:
Speed Funded Traders claimed to provided some of the tightest spreads in the industry.
News Trading Rules:
High-impact news trading was allowed, so the traders wouldn't have to worry about restricting their strategies around news events.
Other Important Rules
Daily Drawdown Calculation
The daily drawdown was calculated based on equity based drawdown which means the drawdown limit could increase or decrease based on the account size at any given time.
Countries Banned from Purchasing
Speed Funded Traders did not restrict any country from using their services.
Prohibited Trading Strategies
Speed Funded Traders did not mention the list of trading strategies that are prohibited.
Payout Methods
Speed Funded Traders did not provide the information related to their payout methods.
Trading Commissions
Speed Funded Traders did not mention the exact information on their commission charges in each instrument but they have claimed to provide the lowest commissions.
Note : There is no legal information available related to Speed Funded Traders