top of page

No-Cost Evaluation
Funded Trading Accounts

Read about (NO-cost Evaluation Fee) Funded Trading Accounts & Education below

CAN YOU DISPLAY GOOD TRADING HABITS?

How it Works

STEP 1

Make a request for a $25'000 demo evaluation account below.

STEP 2

Make a 10% gain on the demo account value whilst following the program rules. This will enable you to pass the demo evaluation.

STEP 3

Enter into your REAL $25'000 evaluation account FREE of any evaluation fees!

STEP 4

Pass Step 3 & get an immediate $25'000 REAL capital funded trading account.

STEP 5

Your $25,000 funded account can earn you income & / or fund future evaluations to attain higher account limits.

(NO-cost Evaluation Fee) Funded Trading Account RULES

RULE 1

You must evidence a minimum of 15 active trading days.

RULE 2

You must evidence consistency in your position sizing, average gain & loss per trade during the entire time span of your evaluation. An example of what would be considered unacceptable is a single maxed leveraged opportunity making up the majority of your profit.

RULE 3

You cannot request more than 1 demo evaluation account every 15 days. If you have requested multiple active accounts within 15 days of one another, each of those accounts will not qualify for a no-cost evaluation if passed.

The above additional 3 rules (that are above & beyond standard evaluation fee funded trading account rules explained in full below) are to prevent anyone from trying to manipulate the free evaluation offer based on there being no upfront funded evaluation fees or costs. They are in place to ensure you show consistency & viable risk management in your approach as all financial traders should.

 

If you are able to demonstrate this steady & safe growth ideal, you will get the opportunity you deserve.

 

In the event that you pass your demo evaluation, you are no longer subject to the additional program rules - Exactly the same rules would be in place as if you had purchased a real evaluation.

10% Profit Target / 6% Max Drawdown / 5% Max Single Day Drawdown

No-Cost Forex Evaluation Funding Trading Accounts

PREFER AN EVALUATION WITH AN UPFRONT FEE?

  FUNDING AVAILABLE UP TO $500K

$25k Account

  $250 Evaluation Fee 

Take Evaluation

$50k Account

  $500 Evaluation Fee 

Take Evaluation

$100k Account

  $1000 Evaluation Fee 

Take Evaluation

$250k Account

  $2500 Evaluation Fee 

Take Evaluation

$500k Account

  $5000 Evaluation Fee 

Take Evaluation

Stop loss Required (Waiver Optional) - Trades Closed For The Weekend (Waiver Optional)
Please read through the full program rules and outline FAQs below before purchasing an evaluation.

  • How does the No-Cost Funding Challenge work?
    The No-Cost Funding offer is a special program available to all subscribers at all times. The purpose of this program is to make sure there is always a way for subscribers to get access to funding resources regardless of whether they have the money to pay for evaluations themselves. If they are willing to put in the work and pass the challenge, they will get access to $25,000 in funds to kick-start a trading account. Here is how the program works: STEP 1: Request a $25,000 demo evaluation account. STEP 2: Make a 10% gain on the demo account value whilst following the program rules. This will enable you to pass the demo evaluation. STEP 3: Enter into your REAL $25'000 evaluation account FREE of any evaluation fees! STEP 4: Pass Step 3 & get an immediate $25'000 REAL capital funded trading account. STEP 5: Your $25,000 funded account can earn you income & / or fund future evaluations to attain higher account limits. Additional Program Rules Rules: Rule #1: You must evidence a minimum of 15 active trading days. Rule #2: You must evidence consistency in your position sizing, average gain & loss per trade during the entire time span of your evaluation. An example of what would be considered unacceptable is a single maxed leveraged opportunity making up the majority of your profit. Rule #3: You cannot request more than 1 demo evaluation account every 15 days. If you have requested multiple active accounts within 15 days of one another, each of those accounts will not qualify for a no-cost evaluation if passed. The above additional 3 rules (that are above & beyond standard evaluation fee funded trading account rules explained in full below) are to prevent anyone from trying to manipulate the free evaluation offer based on there being no upfront funded evaluation fees or costs. They are in place to ensure you show consistency & viable risk management in your approach as all financial traders should. 10% Profit Target / 6% Max Drawdown / 5% Max Single Day Drawdown That's the program! A simple way that allows all subscribers to always be working toward qualifying for their first $25,000 real account at no additional cost to them. There are no limits to how many times someone can enter this challenge as long as they abide by the 15-day rule.
  • What are the rules for the Assessment account?
    5% Daily Loss Limit (hard breach) 6% Max Trailing Drawdown (hard breach) Must place a trade once every 30 days (hard breach) Stop-loss required for each trade (soft breach) Flat for the weekend — all positions closed on Friday at 3:45PM EST (soft breach) Maximum open positions must not exceed 1/10000th the size of the Assessment account (soft breach)
  • What is the difference between a Hard Breach and Soft Breach rule?
    Soft breach means that all trades that have violated the rule will be closed. However, you can continue trading in your Assessment or Funded account. Hard breach means that you violated either the Daily Loss Limit or Max Trailing Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded account taken away.
  • How do you calculate the 5% Daily Loss Limit?
    Daily Loss Limit is calculated based on the previous day’s end of day (5pm EST) balance. Example: If your prior day’s end of day balance was $1,000,000 you would breach the Daily Loss Limit of 5% should your equity the next day fall to $950,000.
  • How do you calculate the 6% Max Trailing Drawdown?
    Maximum Trailing drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Max Trailing Drawdown is set at 6% of your starting balance. This 6% trails your closed trading balance until you reach 5% profits in your account. Once you have achieved 6% in your account the max trailing locks in at your starting balance, and no longer trails your account. Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let's say you take your account to $102,000 in closed balance. This is your new high-water mark, which would mean your new Maximum Trailing Drawdown would be $95,880. Next, let's say you take your account to $110,000 in closed balance, which would be your new high-water mark. At this point your Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the Daily Loss Limit). For example, if you take your account to $170,000, as long as you do not drawdown more than 5% in any given day, you would only breach if your account equity reaches $100,000.
  • Why do I have to place a stop loss on trades?
    In line with sound risk management practices, stop losses are required on every trade. If you fail to place a stop loss at the time of placing the trade/order, the trade will be closed. This is a only soft breach rule, so you can continue trading in your account.
  • Can I hold positions over the weekend?
    All trades are required to be closed by 3:45pm EST on Friday. Any trades left open after this time will automatically be closed. Note, this is only a soft breach and you will be able to continue trading once the markets reopen.
  • What is 1 lot equal to on the Trading Platform?
    Forex- 1 lot = $100k notional Index- 1 lot = 10 Contracts Cryptos- 1 lot = 1 coin Stocks - 1 lot = 100 shares Silver- 1 lot = 5000 ounces Gold - 1 lot = 100 ounces Oil - 1 lot = 1000 barrels
  • How many lots can I trade? (Max Lots with Risk)
    Below are the maximum open lots across all pairs that a trader can have at any given time. $25K - 2.5 lots with risk $50K - 5 lots with risk $100K - 10 lots with risk $250K - 25 lots with risk $500K - 50 lots with risk $1 million - 100 lots with risk For example, if you are in a $100k fee charged evaluation plan, you will be able to have 10 open lots with risk available. If you buy 5 lots of EURUSD at 1.20 and your stop loss is at 1.18, you will have 5 lots on with risk, so you would have 5 still available. If the EURUSD moves up to 1.25, and you update your stop loss to be at 1.20, which would be your open price, you no longer have risk on that trade. So, you would again have 10 lots available, even though you currently have 5 lots open. If you put on too many trades with risk, then the system will liquidate all trades that currently have risk. Please note, margin and leverage requirements still apply. So, even though these are the maximum lots that can be traded, it is possible based on the leverage of the account that you may not be able to trade up the maximum.
  • Is there a breach for inactivity?
    Yes. If you do not place a trade at least once every 30 days on a fee paid evaluation or 15 days on a free (no-cost) evaluation account, you are considered inactive and your account will be breached.
  • Do I have to use one of your accounts for the Assessment or can I use my own?
    Risk management software is synced with the accounts created. This allows analysis of your performance in real time for achievements or rule violations. As such, you must use an account that provided to you by the funding operator.
  • What Countries are accepted?
    All countries, excluding OFAC listed countries, can take part in the programs.
  • What is the minimum age I must be to be part of a program?
    You must be at least 18 years of age to purchase an assessment or enter a free (no-cost) evaluation challenge.
  • Where do I track the progress of my account?
    Upon purchasing an Assessment or starting a (no-cost) evaluation challenge, you will receive access to a trader dashboard where you can monitor your Assessment and Funded accounts. The dashboard is updated every time metrics are calculated, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.
  • What Platform can I trade on?
    The platform, along with pricing and execution is provided by the particular broker.
  • What products can I trade?
    You can trade any products offered by the particular broker responsible for the free (no-cost) evaluation challenge or the fee charged evaluation funded accounts. This includes FX pairs and CFD Indices, Metals, Equity Shares, and Cryptocurrencies.
  • What amount of leverage can I use?
    In line with sound risk management practices, Up to 10:1 leverage is allowed. Forex, Metals, and Indices are 10:1. Equity Shares are 5:1 Cryptos are 2:1
  • What are the trading hours?
    Trading hours are set by the operating broker. There is no other control over the trading hours. Please note that holidays can have an impact on available trading hours. Additionally, pursuant to the no-holding trades over the weekend rule, all open trades are closed at 3:45pm EST on Fridays.
  • Do your accounts charge commissions?
    Accounts are specific by broker. These accounts have commission charges for Forex and Equity Share CFDs. The other products do not carry a commission.
  • Can I use an Expert Advisor?
    Yes, you can trade using an Expert Advisor.
  • Can I trade during the News?
    Yes, you can trade during the news.
  • Can I trade during the News?
    Yes, you can trade during the news.
  • How Long does it take to receive my Funded account?
    A company has been selected which will issue trader agreements and process withdrawals of profits. Upon passing your Assessment, you will receive an email from this company (which you will be given information about once onboard) with instructions on how to access and complete your Trader Agreement. Once the agreement is completed and supporting customer documents provided, your Funded account will be created, funded and issued to you typically within 24-48 business hours.
  • What are the rules for the Funded account?
    The rules for the Funded account are exactly the same as your Assessment account. However, with a Funded account, there is no cap on the profits you can generate.
  • Once I pass the Assessment am I provided with a demo or live account?
    Once you pass the Assessment, you are provided with a live account, funded with real capital.
  • If I have a hard breach in my Funded account and there are profits, do I forfeit those profits?
    If you have profits in your Funded account at the time of a hard breach, you will still receive your portion of those profits. For example, if you have a $100,000 account and you grow that account to $110,000. Should you then have a hard breach we would close the account. Of the $10,000 in profits, you would be paid your % portion.
  • How do I withdraw my profits?
    When you are ready to withdraw your profits, you will be required to send an email to support with the amount you would like to withdraw. Your profit share will then be posted into the selected processing company account, which you can withdraw via any of the available methods they offer.
  • When can I withdraw profits from my Funded account?
    You can withdrawal your profits at any time, once per calendar month. At the time of any withdrawal request, the funded account operating company will also withdraw their share of their profits made as well.
  • How are taxes handled?
    When trading a Funded account through our partners, you are treated as an independent contractor. As a result, you are responsible for any and all taxes on your profit share. You must obtain the correct advice in your own country from a professional accountant and make sure you are acting within the laws of the country you are registered in for tax purposes. This information does not construe tax advice and it is your responsibility to abide by the laws of the land you may fall within.

EVERYTHING WE OFFER IS BLACK & WHITE!

REFRESHINGLY TRANSPARENT

UNLIKE THE MARKETS!

bottom of page