TradingFunds is a prop firm offering traders the opportunity to trade with company capital in exchange for a profit share. With flexible challenges, competitive pricing, and favorable rules, this firm is well-suited for traders looking to scale their skills and earnings.
Company Information
- Company Name: TradingFunds
- Company Legal Name: TF Solutions LLC-FZ
- Company Registration Number: Not disclosed
- Country of Registration: AEAE
- Operating Since: Information not provided
- CEO Name: Not available
- Support Email: [email protected]
Challenge Details
1-Step Challenge
Pricing:
- $10,000 Account Size: $99
- $25,000 Account Size: $199
- $50,000 Account Size: $299
- $100,000 Account Size: $549
Rules:
- Profit Target (Phase 1): 10%
- Total Loss (Max Drawdown): 8%
- Daily Loss (Daily Drawdown): 4%
- Profit Share: 80%
- Drawdown Type: Trailing Drawdown
- Time Limit: No time limit
- Leverage: Starts at 1:10 for Forex and can increase up to 1:100
- Max Lot Size: No specific lot size mentioned
- Payout Frequency: Every 14 days
- Allows Copy Trading: Yes
- Min Trading Days: None specified
2-Step Challenge
Pricing:
- $10,000 Account Size: $99
- $25,000 Account Size: $199
- $50,000 Account Size: $299
- $100,000 Account Size: $549
Rules:
- Profit Target (Phase 1): 8%
- Profit Target (Phase 2): 6%
- Total Loss (Max Drawdown): 10%
- Daily Loss (Daily Drawdown): 5%
- Profit Share: 80%
- Drawdown Type: Static Drawdown
- Time Limit: No time limit
- Leverage: Starts at 1:30 for Forex and can increase up to 1:100
- Max Lot Size: No specific lot size mentioned
- Payout Frequency: Every 14 days
- Allows Copy Trading: Yes
- Min Trading Days: None specified
Scaling Plan
At TradingFunds, traders can scale their accounts as they hit profit targets. After achieving a 10% increment in the 1-Step challenge and an 8% increment in the 2-Step challenge, your account size doubles. This allows traders to scale up to $600,000, especially with the Activate Level 6 Add-On. Each milestone brings you closer to handling larger funds.
Spreads and News Trading Rules
Spreads:
The firm doesn't explicitly mention spread conditions, but traders should expect competitive rates aligned with industry standards.
News Trading Rules:
Trading during major news events is allowed, giving traders the flexibility to capitalize on market volatility. However, traders need to manage the risks associated with slippage, rollovers, and swaps.
Other Important Rules
Daily Drawdown Calculation:
At, TradingFunds, The daily drawdown is calculated based on equity based drawdown, which means the daily drawdown limit will keep changing based on the profit and loss in the account and can grow or shrink in amount.
Countries Banned from Purchasing:
There are no specific mentions of countries banned from participating in TradingFunds challenges, but it's always advisable to check for region-specific restrictions.
Prohibited Trading Strategies:
TradingFunds is clear about the following banned strategies:
- Hedging
- Martingale
- Tick Scalping
- Reverse Arbitrage Trading
- Latency Arbitrage Trading
- Hedge Arbitrage Trading
- Grid Trading
- High-Frequency Trading (HFT)
Using any of the above strategies will lead to account closure.
Payout Methods
TradingFunds allow traders to receive their payouts via 2 methods,
- cryptocurrencies
- bank transfers through Riseworks.io
Trading Commissions
Though TradingFunds doesn’t explicitly mention trading commissions, traders should expect standard market rates depending on the liquidity provider and instruments traded.
