Evaluation Models & Processes
11 articles
Funded Accounts
11 articles
Rewards
11 articles
General FAQ
11 articles
Terms of Use & Objectives
11 articles
At FundedBytraders we provide trader friendly rules which suits all styles of trading, allowing you to trade more comfortably. You will have the opportunity to trade up to $400,000 in simulated capital, This gives you the opportunity to put your trading skills to the test without risking your own personal funds. Most importantly we are also a prop firm who you can put your faith in us to deliver, we are backed by London investment bankers. this provides us with a decade worth of knowledge and experience that we will use to give you the best possible customer experience.
Our risk management technology is currently integrated with 3 amazing platforms such as cTrader, DXTrade and Match-Trade. The trader has the freedom to choose any platform for each assessment plan and account size. If you are not satisfied with your platform you can change your platform but only if you have not placed a trade on the account. If you have already traded on the account you may change platforms once you have upgraded your account to the next stage. If you would wish to change platforms please contact our support team at “support@fundedbytraders.com”
Profit from trades that are opened or closed 5 minutes prior to and after high impact news on the affected currency will not be counted on the Master account.
We offer all of our customers the opportunity to freely purchase an account through bank transfer or crypto payments.
Upon passing your Assessment, you will be required to sign your Trader Agreement via the dashboard. Once the agreement is completed and supporting documentation is provided, your Live Account will be created, funded and issued to you typically within 24-48 business hours.
Yes we offer a scaling plan on all 2 step challenges, we offer a capital increment of up to 50% of the initial balance and 100% Profit split! To qualify a traders balance must be above the initial balance (In Profit) In time of the scale up. After 3 months of profitability we will offer up to a 20% Capital increment and an extra 1% daily and overall drawdown. After 6 months of profitability we will offer a 30% capital increment of the initial balance and another 1% daily Drawdown. After 9 months of profitability we will offer a 40% capital increment of the initial balance and another 1% daily drawdown and a 100% Profit split. Finally after 12 months of profitability we will increase the capital of the initial balance by 50% and give you another 1% for daily and overall drawdown.
The rules for the Live Account are exactly the same as your Assessment account. However, with a Live Account, there is no account growth target.
We offer our traders the opportunity to trade up to $400,000 of simulated capital. Our challenges vary anywhere from $5,000 up to $200,000. You as the trader have the flexibility to allocate your funds into any of our unique challenges up to $400,000.
You can trade any products offered by the Broker, as such products may change from time to time. This includes FX pairs and CFD Indices, Metals, Equity Shares, and Cryptocurrencies.
Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Assessment or Live Account. Hard breach means that you violated either the Daily Loss Limit or Max Trailing Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Live Account taken away.
