FunderPro evaluation program accounts aim to identify consistent and disciplined traders who are rewarded for their consistency in the two-phase evaluation period. The evaluation program account allows you to trade with 1:100.

Phase one of the evaluation process necessitates traders to achieve a profit target of 10% while ensuring they do not exceed a maximum daily loss of 5% or a maximum loss of 10%. There are no specific time constraints within this phase, allowing traders to trade at their own pace. However, a minimum requirement of five trading days must be met to advance to phase two.

Phase two of the evaluation process requires traders to attain a profit target of 8% while adhering to the 5% maximum daily loss and 10% maximum loss rules. Similar to phase one, there are no time restrictions within phase two, allowing traders to take their time in executing trades. However, a minimum of five trading days must be fulfilled to progress to a funded account.

Successful completion of both evaluation phases results in the trader being granted a funded account with no profit targets. The trader is solely obligated to adhere to the 5% maximum daily loss and 10% maximum loss rules. The first payout is scheduled seven calendar days after the trader initiates their first position in the funded account. Subsequent payouts will be based on a weekly schedule. The profit split will be 80%, based on the trader’s earnings within the funded account.

The evaluation program also includes a scaling plan. Traders are expected to achieve a profit target of 10% or more within a three-month period, with at least two out of the three months being profitable. Upon meeting this requirement, the trader will receive a 50% increase in their original account balance.

Example:

After 3 months: If you have a $200,000 account, your account balance will increase to $300,000.

After next 3 months: Balance of $300,000 increases to $400,000.

After next 3 months: Balance of $400,000 increases to $500,000.

And so on…

Trading instruments for the evaluation program accounts are forex pairs, commodities, indices, and cryptocurrencies.

Evaluation program account rules

• The profit target represents a specified percentage of profit that must be achieved by a trader in order to successfully complete an evaluation phase, withdraw profits, or scale their trading account. In phase 1, the profit target is set at 10%, while in phase 2, it is reduced to 8%. However, funded accounts are exempt from having profit targets.
• The maximum daily loss refers to the highest allowable loss that a trader can incur within a single day before violating the account’s terms. Regardless of the account size, the maximum daily loss is capped at 5%.
• Similarly, the maximum loss signifies the maximum cumulative loss that a trader can incur overall before violating the account’s terms. All account sizes adhere to a maximum loss limit of 10%.
• The minimum trading days requirement denotes the minimum duration during which a trader must actively engage in trading before being eligible to complete an evaluation phase or request a withdrawal. Both evaluation phases necessitate a minimum of 5 trading days. However, funded accounts are not subject to any minimum trading day requirements.
• The consistency rule mandates traders to maintain consistent position sizes, implement risk management strategies, manage losses and gains, and so forth. Essentially, the account’s performance should exhibit a certain level of stability and should not display significant discrepancies. Moreover, the profits obtained from the most successful trade must not exceed 60% of the overall profit target. It is important to note that this rule solely applies during phase two of the evaluation process.