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Rules and conditions.
These regulations are designed to protect both the trader and the firm by promoting sound risk management and trading discipline.
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General conditions.
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Prohibition of High-Risk Strategies (Martingale, Hedge, etc.): At FundedPlus, it is not permitted to use high-risk trading strategies such as martingale, aggressive hedging or any method that seeks to multiply position size in the event of a loss. These techniques significantly increase the risk of high losses and are not aligned with FundedPlus' risk management philosophy. Any account using these strategies may be suspended or disqualified.
This regulation encourages safer and more responsible trading, prioritising consistency and a sustainable growth strategy.
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1
Maximum daily loss
Daily Loss Limit: At FundedPlus, traders cannot exceed a daily loss limit of 4% of the account balance. If this limit is exceeded in a single day, the account will be disqualified and will not be able to continue trading. This limit protects capital and encourages responsible risk management. The maximum loss limit is 8%
2
10% Profit Target
10% Profit Target: To pass the evaluation phase and move to the funded account, traders must achieve a cumulative profit of 10% on their initial capital. This target ensures that the trader demonstrates consistency and skill before receiving additional funds.
3
Minimum of 10 days of operation
Minimum of 10 Trading Days: Traders must trade a minimum of 10 days to complete the evaluation phase. This requirement ensures that results are not based on a short streak, but rather on sustained and proven performance in different market scenarios.
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Restrictions on Macroeconomic Events
Restrictions on Macroeconomic Events: At FundedPlus, trading during highly volatile events such as interest rate announcements or employment data is not permitted. Traders must close their positions at least 15 minutes before the start of these events to avoid extreme risks associated with sharp market movements. In the case of being a Swing Trader, it is permitted, and all your trades must have SL and TP.
Let's work together
"Dare to achieve the success you deserve! At FundedPlus we believe in your potential to achieve it. With dedication and discipline, your goal of working on a funding account is closer than you think. 🚀 Let's go for it!"