Everything you need to know about our forex funding accounts, prop trading rules, and affiliate programs.
There is no Refund of Account Fee. However, you will be eligible for a performance bonus along with the 3rd performance reward from your account.
The performance bonus is equal to 100% of the purchase fee (or more depending on the promotion used during purchase).
Please note that the performance bonus is not available for Instant Funding Accounts and 1-step Nitro X Accounts.
If your Simulated Funded account with Funded Trader Markets is in profit but has been violated, you may still be eligible for a withdrawal with 50% split if the following conditions are met:
Stop Loss Placement: An SL was placed on all trades.
Loss Limitation: No single trade resulted in a loss greater than 1% of the initial account balance.
Note: This applies to only Evaluation Simulated Funded Accounts and not to Simulated Instant Funded Accounts
The Maximum Daily Drawdown Limit is 3% of the Initial Balance.
Example 1:
For a $100,000 Instant Pro Account Evaluation, the Daily Drawdown is 3% of the Initial Balance.
Day 1:
Starting Balance/Equity: $100,000
Allowed Daily Drawdown: 3% of $100,000 = $3,000 (stop-out limit = $97,000)
Example 2:
Day 2:
End of Day Balance (Day 1): $104,000
End of Day Equity (Day 1): $103,000
At 5 PM EST, if unrealised positions are open, then 3% of Initial balance will be deducted from the higher of the two. In Example 2 Day 2 above, since balance is higher than Equity, the stop out limit will become ($104,000 – (3% of 100,000)) = $104,000 – $3,000 = $101,000
If Either Equity or Balance reaches $101,000, it would result in a breach of the Daily Drawdown Limit.
Example 3:
Day 3:
End of Day Balance (Day 2): $101,000
End of Day Equity (Day 2): $106,000
In Example 3 above, since Equity is higher than Balance, the stop-out limit will become:
$106,000 – (3% of $100,000) = $106,000 – $3,000 = $103,000
Since the Balance of $101,000 is lower than the limit of $103,000, this will cause an immediate breach of the Daily Drawdown Limit.
Joining a Forex prop trading firm like Funded Trader Markets comes with multiple benefits: Access to Capital: Trade up to $600,000 in simulated capital without risking your own money (just an evaluation fee). Risk Management Support: Profit targets and loss limits help you stay disciplined. Mentorship & Tools: Get access to resources that sharpen your skills and help you stay updated on market trends. Profit Sharing: Earn up to 100% of your profits. Scalability: Perform well and gain access to larger accounts and higher payout potential.
Upon receiving a Simulated Funded account at Funded Trader Markets, you must upload the necessary documents for KYC verification. All Simulated Funded Accounts will remain in READ-ONLY mode until the KYC process is complete.
Proof of Identity (provide one of the following):
Valid Passport
National ID Card
Driver’s License (Only US, UK, Australia or Canada residents/citizens are allowed this, other countries must use either a Passport or a National ID Card as proof of identity)
Proof of Address (provide one of the following):
Bank Statements,
Utility Bills (not older than 2 months),
Internet/Cable TV/House Phone Line Bills,
Tax Returns,
Council Tax Bills,
Government-issued certifications of Residence
Documents Not Accepted:
Screenshots,
Mobile Phone Bills,
Medical Bills,
Receipts for Purchases,
Insurance Statements
Additional Notes:
There’s a consistency rule for Instant Funding Accounts.
Why this Rule?
Funded Trader Markets’ Consistency Rule promotes steady profit growth and helps traders avoid emotional trading
Important Details About the Consistency Rule For Instant Funding Accounts
In an Instant Simulated Funding Account; you should not have made more than 15% of the total profit in one day.
If a single day’s profit is more than 15% of your total profit in the Instant Funding Account , you will have to continue trading until there isn’t a day with more than 15%.
Calculation
[Best Day % of Total Profit] = [Best Day Profit] ÷ [Overall Profit] * 100
Best Day Profit means the highest single day profit.
Single Day’s Profit = Balance at 5pm est Today – Balance at 5pm est Yesterday
Example (Instant Funding Account)
If you made a total profit of $10,000 on an Instant Funding Account,
To be eligible for withdrawal, there should not have been a single day with more than 15% of $10,000 (= $1,500).
If there is a single day with more than 15% of total profit, then you have to keep on trading until the best day profit is less than 15% of the total profit.
The profit split structure for Instant Standard Accounts will be as follows:
1st reward: 50/50 split
2nd reward: 60/40 split
3rd reward: 70/30 split
4th reward: 80/20 split
Note: It remains 80/20 split from the 4th reward onwards.
The 2-Step Plus Account starts with a 70/30 profit split (70% to the trader, 30% to the firm).
To maintain this split, traders must follow the Shield Risk Protocol, which is designed to promote disciplined risk management.
These rules ensure long-term sustainability for both the trader and the firm, while rewarding disciplined trading with the maximum performance reward structure.
Your Evaluation at Funded Trader Markets starts as soon as you purchase a challenge and place your first trade on the account.
In our programs, hedging is permitted when conducted within the confines of a single account. However, hedging across separate accounts, termed opposite account hedging, is prohibited.
Allowed: Hedging
Executing the following actions within the same account (Account 1):
Buying EURUSD (Account 1)
Selling EURUSD (Account 1)
Not Allowed: Opposite Account Hedging
Performing the following actions across distinct accounts (Account 1 and Account 2):
Buying GBPUSD in one account (Account 1)
Selling GBPUSD in another account (Account 2)
In the example above, GBPUSD buy in Account 1 and sell in Account 2 must not overlap at any given point in time.
A violation of this restriction during the challenge phase on any of our accounts will lead to an upgrade denial and on any of our simulated funded or instant funded account will lead to a total reward rejection alongside contract termination on all affected accounts.
Not Allowed: Overnight Hedging
While hedging is permitted, holding hedged positions overnight is not allowed on Instant Funded Accounts and any of the Evaluation Simulated Funded Accounts.
This restriction will not result in account termination; however, any profits generated from overnight hedged positions—particularly those intended solely to meet the consistency score requirement—will not be counted toward the performance reward.