FX Beginner Funding Account Packages

These FX trading accounts are for beginners who are just starting out in the world of Forex. If you feel you have basic knowledge which still requires development, then these are the perfect packages for you.

$10,000 USD  |  5% Draw Down  |  10% Target

PLEASE NOTE: THIS IS THE FULLY FUNDED ACCOUNT YOU ARE TRYING TO OBTAIN

Evaluation Phase

Each account on offer is subject to a FREE* Evaluation Phase, meaning that in order for you to secure the fully funded account we will Evaluate you to assess how you trade.

In order to get evaluated you will need to:

  • Sign up for a Live MT4 or MT5 account via one of the select brokers
  • Deposit the minimum required amount for the desired account
  • Fill out this form once you have completed the steps above
  • Trade for 3 – 6 months

There are no guidelines and we encourage you to utilise
any trading strategies you may have – our main concerns are:

  • Your account will need to be profitable from a net $ dollar and % return after the last trading month of your Evaluation
  • Your ability to responsibly manage risk and minimise losses
  • Your consistency
  • Your ability to leverage risk to your advantage to make a profit

FREE Evaluation

Minimum deposit: $300

US Based Traders

Non – US Based Traders

Flexi Challenge

(i)Please Note: You can get evaluated
via
any existing broker account of your choice.

Non US-Based Traders

(i)Please Note: Account must be created
under Global (FSA)

US-Based Traders

(i)You have the FREEDOM to get
evaluated
via any broker of your choice.

Fully Funded Account

Once you have generated 3-6 months of trading history and are able to display the criteria listed above, you will secure the fully funded account and earn an income from your profitable trading. Even though this Funded account is subject to guidelines, you will be pleased to know that we will consider providing additional flexibility to traders whose strategies call for it in the future. Unlike the evaluation, (where you keep all profits), once Fully Funded we will pay out 60% of your generated profits on a monthly basis and will also double your account every time you hit your target.

Max Relative Drawdown (Full $10k Acct) $480 Relative Drawdown is the difference between the account’ highest
equity balance (realised value) and the lowest equity balance (unrealised value)Formula: $ Drawdown = Realised or Unrealised Account- Highest Realised Acct Balance.Example: On 3rd June the account realised value was $12,500. On 6th June, the account equity value
(unrealised value) was $12,200

Conclusion: The Relative Drawdown in the account is: $12,200 – $12,500 = -$300

Target $1,000 Securities permitted to trade: Forex Majors: EURUSD, GBPUSD,
USDJPY, USDCAD, AUDUSD, NZDUSD, USDCHF. Forex Majors Crosses: AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF,
CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, GBPNZD,
NZDCAD, NZDCHF, NZDJPY
Exposure Lots 0.52 Definition: Maximum Exposure is the entire value of lots amounts
in open positions at any given timeFormula: Max Exposure = Position 1[lots] + Position 2[lots] + Position 3[lots]…Example: At given time there are 4 open position, 0.15L BUY GBPUSD, 0.10L SELL CHFUSD, 0.15L BUY EURUSD,
0.05L BUY EURJPY

Conclusion: The Account’s Exposure is: 0.15L + 0.10L + 0.15L + 0.05L = 0.45L

S/L < 1.5% Definition: Each and every position must be entered with a
Stoploss which represents a maximum money risk of 1.5%Formula: Stoploss Value = 100 * 100,000 * Position_Lot_Size * ABS (Position_Open_price –
Position_Stoploss_price) / Account_BalanceExample: Current Account Balance is 10,500, A SELL 0.20L GBPUSD Position Opened at price 1.3560,
Stoploss set to 1.3615

Conclusion: Stoploss Value = 100 * 100,000 * 0.20 * ABS (1.3560 – 1.3615) / 10,500 = 200,000 * 0.0055 /
10,500 = 1.05%

Growth 2X for 10% Balance Growth Increments
You are paid 60% of all profits monthly, once the evaluation is successfully
completed
$20,000 $40,000 $80,000 $160,000 $320,000
*Account Doubles up to $1.2M USD CAP Holding weekend positions Holding overnight positions

Terms & conditions apply

$20,000 USD | 4% Draw Down | 10% Target

PLEASE NOTE: THIS IS THE FULLY FUNDED ACCOUNT YOU ARE TRYING TO OBTAIN

Evaluation Phase

Each account on offer is subject to a FREE* Evaluation Phase, meaning that in order for you to secure the fully funded account we will Evaluate you to assess how you trade.

In order to get evaluated you will need to:

  • Sign up for a Live MT4 or MT5 account via one of the select brokers
  • Deposit the minimum required amount for the desired account
  • Fill out this form once you have completed the steps above
  • Trade for 3 – 6 months

There are no guidelines and we encourage you to utilise any trading strategies you may have – our main concerns are:

  • Your account will need to be profitable from a net $ dollar and % return after the last trading month of your Evaluation
  • Your ability to responsibly manage risk and minimise losses
  • Your consistency
  • Your ability to leverage risk to your advantage to make a profit

FREE Evaluation

Minimum deposit: $400

US Based Traders

Non – US Based Traders

Flexi Challenge

(i)Please Note: You can get evaluated
via any existing broker account of your choice.

Non US-Based Traders

(i)Please Note: Account must be created
under Global (FSA)

US-Based Traders

(i)You have the FREEDOM to get
evaluated
via any broker of your choice.

Fully Funded Account

Once you have generated 3-6 months of trading history and are able to display the criteria listed above, you will secure the fully funded account and earn an income from your profitable trading. This account has guidelines however you will be glad to hear that, we will consider offering more elbowroom for traders, whose strategies require it. Unlike the evaluation, (where you keep all profits), once Fully Funded we will pay-out 60% of your generated profits on a monthly basis and will also DOUBLE your account every time you hit your target.

Max Relative Drawdown (Full $10k Acct) $480 Relative Drawdown is the difference between the account’ highest
equity balance (realised value) and the lowest equity balance (unrealised value)Formula: $ Drawdown = Realised or Unrealised Account- Highest Realised Acct Balance.Example: On 3rd June the account realised value was $12,500. On 6th June, the account equity value
(unrealised value) was $12,200

Conclusion: The Relative Drawdown in the account is: $12,200 – $12,500 = -$300

Target $1,000 Securities permitted to trade: Forex Majors: EURUSD, GBPUSD,
USDJPY, USDCAD, AUDUSD, NZDUSD, USDCHF. Forex Majors Crosses: AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF,
CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, GBPNZD,
NZDCAD, NZDCHF, NZDJPY
Exposure Lots 0.52 Definition: Maximum Exposure is the entire value of lots amounts
in open positions at any given timeFormula: Max Exposure = Position 1[lots] + Position 2[lots] + Position 3[lots]…Example: At given time there are 4 open position, 0.15L BUY GBPUSD, 0.10L SELL CHFUSD, 0.15L BUY EURUSD,
0.05L BUY EURJPY

Conclusion: The Account’s Exposure is: 0.15L + 0.10L + 0.15L + 0.05L = 0.45L

S/L < 1.5% Definition: Each and every position must be entered with a
Stoploss which represents a maximum money risk of 1.5%Formula: Stoploss Value = 100 * 100,000 * Position_Lot_Size * ABS (Position_Open_price –
Position_Stoploss_price) / Account_BalanceExample: Current Account Balance is 10,500, A SELL 0.20L GBPUSD Position Opened at price 1.3560,
Stoploss set to 1.3615

Conclusion: Stoploss Value = 100 * 100,000 * 0.20 * ABS (1.3560 – 1.3615) / 10,500 = 200,000 * 0.0055 /
10,500 = 1.05%

Growth 2X for 10% Balance Growth Increments
You are paid 60% of all profits monthly, once the evaluation is successfully
completed
$20,000 $40,000 $80,000 $160,000 $320,000
*Account Doubles up to $1.2M USD CAP Holding weekend positions Holding overnight positions

Terms & conditions apply

Funded Trader Is A Trademark Owned By Funded Trader Ltd.

*US-Based Traders are subject to a fee, due to Regulation in the US (NFA/ CFTC), which denies the referral of any trader from certain finance related platforms.

Forex, Futures and Equities trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardising ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

CFTC Rule 4.41 – Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.

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