Trading Rules

What it isThe most your account may lose inside a single trading day. It is measured from the higher of the day's starting balance or starting equity, and it counts open floating losses as well as closed ones. The trading day runs from 17:00 New York time to 16:59 the next day, and the limit resets at that rollover.

How it affects youYour daily limit, how much of it is used and how much is left, sits on your dashboard while you trade. An open position that is deep in loss counts against you before you close it, so equity is what matters, not just realised results.

If it is breachedThis is a hard risk rule. Open positions are closed, trading is disabled immediately, and the account stage ends. Simulated profit recorded on an account that has reached a loss limit is void and carries no entitlement to a payout.

What it isThe most your account may lose over its whole life. Depending on the plan it is measured from your starting balance, or it follows your highest recorded equity upwards. Like the daily limit, it includes floating losses on open positions.

How it affects youThis is the single line that ends the account rather than the stage. On a plan where the level trails your equity, profit you have already made becomes part of what you are protecting, so the level rises as your account grows.

If it is breachedThis is a hard risk rule. Open positions are closed, trading is disabled immediately, and the account ends. Where a reset or recovery option is available for your plan, it is offered to you in your dashboard.

What it isA cap on the unrealised loss that any single open position may carry. It looks at one trade at a time rather than at the account total.

How it affects youIt exists so that one position cannot be held far past the point where it should have been closed. Every open trade is listed against the limit on your dashboard while it runs.

If it is breachedThe first crossing is a formal warning and the account keeps trading. A second crossing breaches the account.

What it isThe profit a challenge account must reach to complete an evaluation step. It applies to challenge accounts only. Instant accounts have no profit target and no evaluation to pass.

How it affects youThere is no time limit and no deadline to reach it. Once the target is reached and the other objectives for the step are met, the account moves to the next step or to a simulated funded account.

If it is breachedThere is nothing to breach. Falling short of a target simply means you keep trading until you reach it.

What it isSome plans require a number of genuine profitable trading days. A profitable day is a New York trading day whose closed profit reaches the minimum daily profit shown on your dashboard for that account.

How it affects youThe days are counted for you on your dashboard. They must come from real trading activity, so opening token positions purely to register a day does not satisfy the requirement.

If it is breachedThere is nothing to breach. Falling short affects progression and payout eligibility only. The account stays open and you keep trading.

What it isThe maximum leverage available on your account, set per asset class, so forex, indices, commodities and cryptocurrencies each have their own ceiling. The figures that apply to your plan are shown on the plan page and in your account.

How it affects youLeverage decides how much size you can open, not how much you are allowed to lose. Available margin can stop an order before the leverage ceiling does, which is most noticeable on cryptocurrencies. Some plans run lower leverage once the account is funded than during the evaluation.

If it is breachedYou cannot breach it. An order that needs more margin than the account has available is simply rejected by the platform.

What it isThe most simulated capital one trader may hold at any one time, counted across every account they own.

How it affects youThe cap belongs to you rather than to a single account, so your accounts are added together. If a purchase would take you over it, the extra accounts are reserved on your paid order and issued when capacity frees up. Nothing you paid for is lost.

If it is breachedIt is not a trading breach. Accounts above the cap are held in reserve, never refused.

What it isHolding positions through the weekend close is allowed on every plan, at no extra cost and with no add-on to buy.

How it affects youMarkets can reopen away from where they closed on Friday. Both loss limits are measured on the first prices of the new week, so a weekend gap can move your account against the limits before you can act on it.

If it is breachedThere is nothing to breach. Weekend holding is free on every FFUNDED plan.

What it isOn evaluation accounts, trading around high-impact news releases is allowed, but no more than 20% of your total profit may come from it. On Instant accounts and on funded accounts it is not allowed at all. An Instant account is funded from its first day, so the funded rule applies to it from the start.

How it affects youYour dashboard shows the next high-impact window before it opens and marks it clearly while it is live, so you can see when to be flat. On an evaluation account the 20% figure is a profit-quality rule, not an account-ending one.

If it is breachedOpening or closing a trade inside a high-impact window on an Instant or funded account ends the account. On an evaluation account, profit above the cap can reduce the payout for that cycle instead.

What it isSwap-Free is an optional add-on bought with the account. It is what allows positions to be carried past the daily rollover at 17:00 New York time.

How it affects youWith Swap-Free you can hold a position overnight and keep a longer-term trade running. Without it, a position still open at the rollover is closed automatically and the account takes a formal warning for overnight holding.

If it is breachedThe first time positions are closed at the rollover, the account takes a formal warning and keeps trading. Holding overnight again on another day breaches the account. Every position open at the same rollover counts as one occurrence, not one each.

What it isYou may trade whenever the market for that instrument is open. FFUNDED does not impose a trading window of its own. Sessions, holidays and the daily rollover follow the market and the platform.

How it affects youInstruments have different sessions, and spreads widen and liquidity thins around session changes and holidays. Without the Swap-Free add-on, open positions are closed at the daily rollover.

If it is breachedNo breach attaches to trading hours by themselves. Trading in deliberately thin conditions to take advantage of pricing is covered by Liquidity Abuse in the next section.

Strategies that target the execution or the price feed rather than the market are prohibited. That includes latency and tick arbitrage, quote manipulation, and high-frequency patterns that rely on how a simulated environment fills orders and would not be executable in live market conditions. Expert advisors and automated strategies are allowed on our plans. What is not allowed is using them to exploit execution.

Building results in deliberately thin markets is prohibited. This covers trading in conditions where fills at prices that would not be available in a real market do the work instead of the strategy.

Copying trades between your own FFUNDED accounts is allowed. What is prohibited is copying between accounts belonging to different traders, mirroring a signal service or a third-party account into your account, and group or coordinated trading arranged to reproduce the same result across many accounts.

Using more than one identity is prohibited. That includes opening or operating an account under another person's identity, creating additional identities to obtain extra accounts, promotions, discounts or resets, and splitting one strategy across accounts to work around a limit that applies to a single account, including opposing positions held across accounts.

Position sizing built around recovering losses is prohibited. That covers escalating size after a losing trade to trade the loss back, and grid or recovery systems whose survival depends on each trade being larger than the last. Sizing should reflect risk management, not the size of the last loss.

Your account must be traded by you. Sharing, selling, renting or transferring an account is prohibited, as is trading an account on someone else's behalf and any managed-account arrangement. The person who passes the evaluation must be the person who trades the account and the person who is paid.

Using a fault, delay, pricing error or any other weakness to produce a result that trading did not is prohibited. This applies to the trading platform, the price feed, the dashboard, the checkout, promotions, referrals and payouts alike, and it includes strategies that depend on the account being simulated.

Your account must be identifiable as yours. Sharing your login is prohibited, as is signing in through tools used to disguise who is trading or where they are trading from, including VPN or similar services used to hide location or to trade from a restricted jurisdiction, and any attempt to interfere with sign-in and verification. Sign-in activity is monitored. Where it suggests an account is being used by more than one person, or from somewhere it should not be, we may ask you to verify your identity again before you continue trading.

Daily Loss and Maximum Loss are hard risk rules. They act on their own, in real time, and there is no warning step before them.

Breaching a hard risk rule breaches the account immediately. Open positions are closed, trading is disabled, and the stage or the account ends according to the rule that was reached.

There is no warning before a hard risk rule because the limit itself is the warning. It is on your dashboard with your own figures, updating every second you have a position open.

Every rule in Compliance and Fair Trading follows an automated Warning then Breach process.

• First confirmed violation. The account receives a Warning and keeps trading.
• Repeated confirmed violation. The account is breached.

Confirmed is doing the work in both lines. A single ambiguous event is not treated as a violation, and no account is breached for one mistake.

Serious abuse is the exception. Fraud, identity abuse and coordinated activity across accounts can end an account, and any account connected to it, immediately and without a warning step.

Open positions are closed, trading is disabled and the account stops. You are told which rule was broken, by name, on your dashboard, in a notification and by email.

Simulated profit recorded on a breached account is void and carries no entitlement to a payout. Where a reset or a recovery option is available for your plan, it is offered to you in your dashboard.

We publish every rule and what it means for you. We do not publish the thresholds, timings, scores, parameters or methods used to detect a breach of a compliance rule.

Those details stay confidential for one reason: published detection logic gets worked around, and every trader who follows the rules pays for that. If a decision is taken on your account, you are always told which rule it relates to.

Appeals are handled through the Complaints Policy. Include your account number and the trades or the period you are asking us to look at, and the recorded activity for that account is reviewed against the rule that was applied.

The exact numbers for each product, such as profit targets, loss limits and minimum trading requirements, are defined in the terms for the plan you purchased and are shown on your dashboard for the account you are trading.

• CFDs evaluations are governed by the CFDs Challenge Terms.
• Futures evaluations are governed by the Futures Challenge Terms.
• Instant accounts are governed by the Instant Account Terms.

Where a plan-specific term and these Rules differ, the plan-specific term controls for that account.

Identity verification (KYC) must be completed before any payout is released. We may request additional verification or documentation at any time where we have reasonable grounds to suspect fraud, impersonation or misuse of an account, and we may withhold a payout until that verification is complete.

Each trader may hold accounts in their own name only, and the maximum allocation applies across every account you hold. Opening or operating accounts under another person's identity, and allowing another person to trade your account, are covered by Multi-Account Abuse and Third-Party Trading above.

An account with no trading activity for the period stated in the applicable Challenge Terms may be closed. Inactivity is not a breach and does not affect your standing on any other account. Where an account is closed for inactivity, you are notified beforehand.

Accounts may be refreshed or reset in the circumstances described in the applicable Challenge Terms. Passing an evaluation step does not create any entitlement other than progression to the next step or to a simulated funded account, as described in those terms. Simulated funding, scaling and payouts are governed by the Payout Policy and the relevant Challenge Terms.

FFUNDED may update these Rules from time to time to reflect operational, security or compliance requirements. Material changes are published on the FFUNDED website with notice to account holders, and the current version always governs live accounts. It is your responsibility to review the Rules that apply to your account.

If you have any questions about these Trading Rules, contact FFUNDED through the contact page at https://www.ffunded.com/contact.