OFFICIAL RULES AND GUIDELINES

Welcome to the rules & guidelines section of our website.

Please be sure you have a read through all of the rules to ensure the program is a good fit for you. Before getting into the rules, we want to ensure you know that our guidelines are here to make you better and also to ensure we are scouting real talent.

Flex Classic Model

Understanding the rules that apply to Flex Classic accounts.

Number of Trading Days

You must enter at least one trade per day for 12 days out of each month. For example, from January 1st – 31st, you must enter a new trade on at least 12 separate days. Trading days do not need to be consecutive and there is no maximum amount of trades, as long as you do not exceed your risk. If the 12 day trading minimum is not met you will not be dispersed any profits at the end of your trading cycle and your account will also be reset to the starting balance. Your account will not be reset to the starting balance if you were not in profit at the end of the trading cycle. Only executed trades count towards your trading days.

From Sunday to Friday, traders should place at least one trade on 3 separate trading days. For example, you could place a trade on Monday, Thursday and Friday. You can choose whichever days that best suit you.

For the purpose of our program, a new trading day begins at 12am of the timezone associated with your broker.
If you sign up midweek, you do not need to place 3 trades that particular week. This rule only applies on FULL weeks that you are enrolled with us.

Drawdown Parameters

You will have an allowed max daily loss (drawdown) of 5% and an allowed max overall loss (drawdown) of 10%. When calculating drawdown, we include all floating losses and profits. These drawdown parameters apply to the initial account size and are static; they do not change as your account size changes while you are trading.

Below is a table of the available account sizes and the corresponding daily drawdown and max drawdown parameters:

If either your daily drawdown limit or max drawdown limit is exceeded, your account will become inactive and your trading month will end. You will still be eligible for the leaderboard for your respective block.

Risk management is of utmost importance.

Consistency

Please use the following guidelines to ensure you are using consistent risk management throughout your trading period. Should you trade within these parameters, you will not receive a flag or violation of the consistency rule. Should you trade outside of these set parameters, we will not automatically deny your payout but it will be sent to one of our Risk Management Managers to manually review. If traders are outside of these parameters but still appear to be trading consistently with skill the payout will still be approved. One of our Risk Managers may reach out to have a conversation regarding your risk and determine if the payout can be authorized.

We calculate your risk per trade by considering your stop loss. We do this so we do not have to limit lot size, because we know that lot size can change depending on your stop loss. Traders do not have to use a stop loss, but if a stop loss will not be used we can only gauge your risk using lot size.

Risk Per Trade 

Risk per trade should not change by more than 20%.

Risk Per Day

Risk per day should not change by more than 20%.

Length of Trade Duration

There is no limit to how long you can hold your trade or trading style.

Number of Trades

Number of trades per day should not change by more than 20%. This is not applicable to those taking less than 3 positions.

Exposure (Drawdown Per Trade, Only for Traders Using No Stop Loss)

Your drawdown per trade should not change by more than 20%.

Lot Size (Only for Traders Using No Stop Loss)

Lot size should not change by more than 20% per trade.

Trading Behaviour

There is no gambling type of behaviour permitted in this program. Funding Talent is designed to help traders refine their strategies while also being rewarded for being successful. Our main objective is to find talent. If we notice any large increases in lot sizes or other changes that result in substantial risk we reserve the right to suspend payout. This only applies to traders taking excessive risk and displaying behaviour that does not line up with the rest of their trades.

Please see the above rule regarding consistency for further explanation.

Trading Styles

To be clear, you are allowed to use a mixture of scalping trades, swing trades, etc. as long as you are consistently doing so. There are no rules on trading styles. The above reference to drastic changes in lot sizes refers to major discrepancies in lot size, risk percentage and duration of trades.

Talent Bonus (Payout)

You can be eligible for two Talent Bonuses per each trading month when trading a Flex Classic account. Talent Bonuses are what we call payouts here at Funding Talent. Your first Talent Bonus date is 14 days from the start of your trading month and your second Talent Bonus date is at the end of your trading month (28 days from your trading month start date). We consider your first trading day your sign up date, even if you do not place a trade on that day.

Talent Bonuses for Flex Classic accounts are 10% of the profits that were made on the account. As an example, if you were trading a 100k account and finished your trading month with 110k, your Talent Bonus would be $1000.

All trades must be closed by 00:00h on your Talent Bonus date (using your broker’s timezone) in order to receive your Talent Bonus. Our team will contact you on your Talent Bonus date if you’re eligible for your Talent Bonus and to see which payout method you prefer.

You may continue trading your demo account and receiving your Talent Bonus, even once you’ve accessed your Elite account.

Trading Options

You are allowed to trade forex pairs, indices, metals and cryptocurrencies. Please do not trade anything outside of this list. If you do trade an instrument outside of this list, your account will not be eligible to receive a payout.

Losses

As this is a simulated account, you are not responsible (nor is there a penalty) for any losses.

Login Details

You are not to change your login details on your trading account for any reason. Should you change your password or any other details, it will result in immediate termination of your trading account.

Adding Funds

You may not, at any point in time, update your account balance. This will not be tolerated under ANY circumstance. This will be flagged and your account with us will be suspended.

EAs & Bots

Members are not permitted to use expert advisors or bots on the demo account they are using to trade with in the program. Funding Talent relies on the diversification of risk in order to ensure the company is not overexposed. For this reason, we do not allow the use of any trade copy softwares in our program. Traders should use their own strategy at all times and not rely on signals, bots or software. Using EAs or bots will result in account suspension.

Traders must also trade according to real market conditions. Any trades that take advantage of demo account conditions using trade arbitrage or other disallowed practices are prohibited. You can read more about real market conditions here.

Funded Earnings

Funded Earnings are used to access your Elite account. They are a store of funds that build up after each trading month using the profit that was made on the account during that trading month. You can contribute your profit on the Flex Classic account up to 5% of the Flex Classic account size you are trading with. The amount that will be contributed to your Funded Earnings is calculated using the balance of your account at 00:00h of your Talent Bonus 2 date (end of your trading month).

Once your Funded Earnings have accumulated to the required level, you will have the option to access your Elite account. The required amount of Funded Earnings needed to access your Elite account varies with the size of the account that you are trading.

The table below outlines the required amount of Funded Earnings needed to access your Elite account when trading a Flex Classic account.

If you happen to violate a drawdown rule while trading your Flex Classic account, your Funded Earnings will remain the same and will not reset to zero.

Please note all trades must be closed by 00:00 of your Talent Bonus 2 dates according to your broker’s timezone.

Flex Aggressive Model

Understanding the rules that apply to Flex Aggressive accounts.

Number of Trading Days

You must enter at least one trade per day for 10 days out of each month. For example, from January 1st – 31st, you must enter a new trade on at least 10 separate days. Trading days do not need to be consecutive and there is no maximum amount of trades, as long as you do not exceed your risk. If the 10 day trading minimum is not met you will not be dispersed any profits at the end of your trading cycle and your account will also be reset to the starting balance. Your account will not be reset to the starting balance if you were not in profit at the end of the trading cycle. Only executed trades count towards your trading days.

From Sunday to Friday, traders should place at least one trade on 2 separate trading days. For example, you could place a trade on Monday and Thursday. You can choose whichever days that best suit you.

For the purpose of our program, a new trading day begins at 12am of the timezone associated with your broker.

If you sign up midweek, you do not need to place 2 trades that particular week. This rule only applies to FULL weeks that you are enrolled with us.

Drawdown Parameters

You will have an allowed max daily loss (drawdown) of 10%. There is no max overall loss (drawdown). When calculating drawdown, we include all floating losses and profits. The daily drawdown parameter applies to the initial account size and is static; it does not change as your account size changes while you are trading.

Below is a table of the available account sizes and the corresponding daily drawdown and max drawdown parameters:

Consistency

There are no consistency parameters when trading a Flex Aggressive account.

Trading Behaviour

There are no trading behaviour parameters when trading a Flex Aggressive account.

Trading Styles

There are no trading style parameters when trading a Flex Aggressive account.

Talent Bonus (Payout)

Flex Aggressive accounts are not eligible for Talent Bonuses in the form of a traditional payout. Instead, on your Talent Bonus date, you can become eligible for a larger than normal deposit into your Funded Earnings that is not available with Flex Classic accounts.

Trading Options

You are allowed to trade forex pairs, indices, metals and cryptocurrencies. Please do not trade anything outside of this list. If you do trade an instrument outside of this list, your account will not be eligible to receive a payout.

Losses

As this is a simulated account, you are not responsible (nor is there a penalty) for any losses.

Login Details

You are not to change your login details on your trading account for any reason. Should you change your password or any other details, it will result in immediate termination of your trading account.

Adding Funds

You may not, at any point in time, update your account balance. This will not be tolerated under ANY circumstance. This will be flagged and your account with us will be suspended.

EAs & Bots

Members are not permitted to use expert advisors or bots on the demo account they are using to trade with in the program. Funding Talent relies on the diversification of risk in order to ensure the company is not overexposed. For this reason, we do not allow the use of any trade copy softwares in our program. Traders should use their own strategy at all times and not rely on signals, bots or software. Using EAs or bots will result in account suspension.

Traders must also trade according to real market conditions. Any trades that take advantage of demo account conditions using trade arbitrage or other disallowed practices are prohibited. You can read more about real market conditions here.

Funded Earnings

Funded Earnings are used to access your Elite account. They are a store of funds that build up after each trading month using the profit that was made on the account during that trading month. Flex Aggressive accounts have no max contribution limit when depositing funds into Funded Earnings. The amount that will be contributed to your Funded Earnings is calculated at each Talent Bonus date.

Once your Funded Earnings have accumulated to the required level, you will have the option to access your Elite account. The required amount of Funded Earnings needed to access your Elite account varies with the size of the Flex Aggressive account that you are trading.

The table below outlines the required amount of Funded Earnings needed to access your Elite account.

If you happen to violate a drawdown rule while trading your Flex Aggressive account, your Funded Earnings will remain the same and will not reset to zero.

Please note all trades must be closed by 00:00 of your Talent Bonus 2 dates according to your broker’s timezone.

Challenge Model

Understanding the rules that apply to Challenge accounts.

Number of Trading Days

Phase 1 of the Challenge is 30 days in length and Phase 2 of the Challenge is 60 days in length. There is no minimum number of days that you must trade for either phase of the Challenge. In order to pass each phase, the profit target must be met within the duration of the respective phase you are on.

Drawdown Parameters

You will have an allowed max daily loss (drawdown) of 5% and an allowed max overall loss (drawdown) of 10%. When calculating drawdown, we include all floating losses and profits. These drawdown parameters apply to the initial account size and are static; they do not change as your account size changes while you are trading.

 

Below is a table of the available account sizes and the corresponding daily drawdown and max drawdown parameters:

Risk management is of utmost importance.

Profit Target

Each phase of the Challenge consists of a profit target that must be achieved in order to advance to the next phase. In. Phase 1, there is an 8% profit target that must be met to advance to Phase 2 and in Phase 2 there is a 4% profit target that must be met in order to obtain a Live account.

Profit target percentages are based on the account size you are trading on.

Trading Styles

You are allowed to use a mixture of scalping trades, swing trades, etc. There are no rules on trading styles.

Trading Options

You are allowed to trade forex pairs, indices, metals and cryptocurrencies. Please do not trade anything outside of this list. If you do trade an instrument outside of this list, your account will not be eligible to pass the Challenge.

Losses

As this is a simulated account, you are not responsible (nor is there a penalty) for any losses.

Login Details

You are not to change your login details for any reason. Should you change your password or any other details on this account, it will result in immediate termination of the Challenge.

Adding Funds

You may not, at any point in time, update your account balance. This will not be tolerated under ANY circumstance. This will be flagged and your account with us and will result in immediate termination of the Challenge.

Elite Account WIthdrawal

You may request to withdraw your profits from the Elite account on the 1st and 15th of each calendar month. Requests must be made by 00:00 EST. If a request is not made by this time, you will need to wait for the next available date.

Please allow 24-48 hours for us to process your payment. We will deduct our profit split at this time. You will receive your refund of initial payment upon your first withdrawal request.

EAs & Bots

Members are not permitted to use expert advisors or bots on the demo account they are using to trade with in the program. Funding Talent relies on the diversification of risk in order to ensure the company is not overexposed. For this reason, we do not allow the use of any trade copy softwares in our program. Traders should use their own strategy at all times and not rely on signals, bots or software. Using EAs or bots will result in account suspension.

Traders must also trade according to real market conditions. Any trades that take advantage of demo account conditions using trade arbitrage or other disallowed practices are prohibited. You can read more about real market conditions here.

Trading Flex and Challenge Accounts

Funding Talent members who are presently trading a Flex account (subscription based model) may choose to partake in the Funding Talent Challenge as well.

Members who are currently trading a Flex account they can continue receiving payouts up until completion of the challenge. Upon successful completion of the Challenge, your Flex account will need to be put on hold. Members cannot trade both models at the same time (once they are successful in the Challenge).

Profit Target Not Achieved

If you finish either phase of the Challenge but do not reach the profit target, do not experience a drawdown violation and were not profitable, then you will have a one time opportunity to switch to a Flex account at no cost.

Profitable But Did Not Achieve Profit Target

If you finish either phase of the Challenge but do not reach the profit target, do not experience a drawdown violation and were profitable, then you will have a one time opportunity to switch to a Flex account OR start the Challenge over from Phase 1 at no cost.

The important thing to note here is that you can not retry the Challenge for free if your account was not in profit at the end of your phase.

Refundable Fee

After successful completion of both phases of the Funding Talent Challenge, the sign up fee will be refunded upon the first withdrawal that you receive.

Switching Models

Should you choose to switch to the Flex model if unsuccessful with the Challenge, you will receive new login details for your Flex account. For example, if you purchased the $25K Challenge, you will receive a $25K Flex account OR if you purchased the $100K Challenge, you will receive a $100K Flex account.

Funding Talent will allow up to $300K in capital per member per model. If you are already trading $300K in capital on a Flex account and participate in the Challenge, you cannot transfer any capital over.

Broker Choices (Elite Account)

The Funding Talent Elite account will be opened with BlackBull Markets. This is a highly regulated and trusted broker.

Scaling Plan

Funding Talent traders will be eligible to scale their initial capital amount at three-month intervals.

Traders who are profitable two out of three months and average a 2% return per month will be eligible for an increase of 25%. Traders should get in touch with our support team by emailing us at [email protected] to determine eligibility and to have their capital increased.

Please make sure you all read through and understand the rules. It is your responsibility to understand and implement them. It’s especially important to understand the risk management portion.

Please note that this agreement is subject to change at any time. We reserve the right to terminate your account at any given time if we feel you are exhibiting behaviour not in line with our guidelines.

Reminder: these are not “investment” earnings, as the account you are trading is simulated.

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