Trading Rules and FAQ
Please carefully read our trading guidelines. NO REFUNDS WILL BE GIVEN; impulse control is a key component of being a successful trader. Our trading policies are consistent with our trading philosophy: trade cautiously.
The fee is not refundable due to the nature of this challenge. Investigate carefully our programs before you start.
No.
Making rational decisions is a necessary component of successful trading.
Before you purchase our system, give it some serious thought and ask us as many questions as you wish.
Our system differs from other systems you may have seen, but we firmly feel that it is the only way to trade.
A maximum of 180 calendar days are given to traders to finish one phase. Also, traders must initiate at least one trade every day for 30 days. In other words, there must be a minimum of 30 trading days.
One of the most crucial trading guidelines, and the philosophy of our program is centered on the response to this question.
It is not difficult to hit the 6% target in a short amount of time, but keeping it is what we want you to do. Our goal is for our traders to consistently produce positive outcomes over time, rather than to have a brief surge of success followed by a rapid decline. Regrettably, most traders make that mistake by focusing on big wins rather than consistency.
We don’t want you to vanish overnight; we want you to still be in business in 20 years.
We ask traders to keep trading without drastically reducing their trading volume until the minimum time requirement is met, which is one of our most critical criteria.
If you meet the 6% target early, you cannot reduce your lot size by more than 50% on average in order to pass the challenge.
Example:
Assume you trade EURUSD using a standard lot size of 2. Let’s also say that after 20 trading days, you hit 6%. You still need to trade for at least 10 more days at this time. You are not permitted to reduce the lot size throughout those 10 days by more than 50%, which in our example equates to 1 lot. If you can maintain your 6%, you will succeed; if not, you must keep going until you hit 6%.
Be a turtle and approach your goal cautiously. In this unforgiving industry, this is the only path to success.
Yes
Yes.
However, if we discover the same trades in other accounts, we will regard it as a violation and terminate the accounts.
Yes
Absolutely, you are free to use the 180 calendar days anyway you see fit, provided that you trade for at least 30 days and that no breaks last longer than 15 days.
No more than three (3).
Within two to three business days, you will get them.
It starts as soon as we send you the credentials.
No.
Given the nature of this challenge, you won’t succeed in this competitive industry if you can’t manage a challenge with clear rules.
Yes
You can scale your account if you earn a 10% profit without withdrawing it.
The levels are: $5K, $25K, $50K, $100K, $200K, and $1M.
50/50 for the income challenges.
If you are able to scale all the way up to $1 million you keep 100% of your gains.
There is no maximum daily loss.
One of the most significant trading guidelines is this.
The most that can be lost is 8% of the starting balance.
One of the most significant trading guidelines is this.
The maximum risk per trade, including all costs, is 2% of the outstanding balance at the time the deal is opened.
Account closure will result from breaking this rule.
Indeed, every transaction needs a stop loss. A violation occurs when a closed trade is held for longer than ten (10) minutes without a stop loss. Account deletion will result from three (3) violations of this kind.
Easy!
To earn money, take up the $5K challenge. When you want to take your earned gains out, you will receive your split.
You commit to growth all the way up to $1 million if you don’t require revenue right away. To advance, you would need to earn 10% at each level. Profits cannot be withdrawn until the $1 million account is reached.
Indeed, we forbid hedging and martingale trading.
According to our definition of the Martingale strategy, it involves starting a trade while the first position is in drawdown and multiplying the size of subsequent positions started in the same direction and with the same symbol.
We define hedging as simultaneously holding open positions on the same symbol for both buy and sell orders of equal size.
After successfully completing the challenge, you will receive a live funded account.
You will earn 50% of the gains when you realize them and decide to withdraw them.
You cannot withdraw the profits realized during the evaluation phase. Once funded, you will be transferred to a real account.
You must submit an email to support@thefundedswingtrader.com asking for a live account once you have completed the challenge. You will then be required to present identification and residency evidence. You will then receive an email with your MT5 login for your live funded account when it is available, which is typically within three business days.
For a withdrawal request to be approved, the account must be profitable after commissions and swap. Requests for withdrawals are accepted every working Friday of every week.
Simply email support@thefundedswingtrader.com with your request. Within 48 hours, withdrawals are paid
During the evaluation phase, the trader should show that they have the ability to consistently, slowly, and steadily increase an account equity. More than half of the overall profit shouldn’t come from the top three profits.
In this single-phase challenge, participants aim to achieve a profit target of 6% within a maximum trading period of 180 days. However, to ensure a strategic and steady approach, traders must actively engage in the markets for a minimum of 30 days during the phase.
To manage risk effectively, participants are provided with a leverage of 1:10, allowing them to maximize their trading potential while maintaining prudent risk management. Each trade is capped at a maximum risk of 2%, promoting a disciplined approach to protect against significant losses.
Our challenge emphasizes a slow trading curve, encouraging thoughtful and deliberate trading decisions. Success is measured by achieving the profit target within the specified time frame.
To ensure responsible trading, a total drawdown of 8% is permitted per phase, ensuring participants have room to navigate market fluctuations without jeopardizing their overall performance. Additionally, the 50/50 profit split ensures that successful participants earn income.
Welcome to our ambitious One-Phase Trading Challenge, where participants have the thrilling opportunity to scale their trading accounts all the way up to $1 million while retaining 100% of their profits. This challenge is tailored for traders with a keen eye for long-term success and the determination to reach substantial financial milestones.
In this single-phase challenge, participants aim to achieve a profit target of 6% within a maximum trading period of 180 days. To foster strategic and sustained trading, participants must actively engage in the markets for a minimum of 30 days during the phase.
Traders are equipped with a leverage of 1:10, allowing them to optimize their trading potential while adhering to strict risk management principles. Each trade is capped at a maximum risk of 2%, ensuring participants exercise prudent risk control measures.
Emphasizing a slow trading curve, this challenge encourages thoughtful and deliberate trading decisions, promoting a comprehensive understanding of market dynamics. Rather than a conventional growth model, success is measured by participants reaching the $1 million mark within the specified time frame.
To ensure responsible trading, a total drawdown of 8% is permitted per phase, offering participants a safety net against market fluctuations. Importantly, the 100/0 profit split signifies that successful participants not only scale their accounts to $1 million but also retain the entirety of their hard-earned profits.
Welcome to our innovative 3-Phase Trading Challenge, an exhilarating journey for traders aspiring to scale their accounts up to $1 million. This multi-phase challenge is designed to provide a comprehensive and strategic approach to trading, offering participants the opportunity to navigate the markets with skill and precision.
In this dynamic challenge, participants face a profit target of 6% per phase, with each phase lasting a maximum of 180 days. To ensure active participation and strategic decision-making, traders must engage in the markets for a minimum of 30 days within each phase. The challenge spans three distinct phases, each building upon the success of the previous one.
With a leverage of 1:10, participants can harness their trading potential while maintaining disciplined risk management. The maximum risk per trade is capped at 2%, promoting a cautious approach to safeguard against significant losses.
The challenge features a slow trading curve, emphasizing thoughtful and deliberate trading decisions over rapid, high-frequency trading. Success is not only measured by meeting the profit targets but also by navigating the markets over the three phases and achieving the ultimate goal of scaling the account up to $1 million.
To ensure responsible trading, a total drawdown of 8% is permitted per phase, providing participants with room to maneuver through market fluctuations without compromising their overall performance.
Embark on this 3-Phase Trading Challenge today and experience the thrill of progressively scaling your account while refining your trading skills. Join us in this unique opportunity to reach the $1 million milestone through strategic and calculated trading decisions!
Contact us
Contact us for concerns or inquiries about swing trading or prop trading. Our main interests are trading, finance, and psychology. Schedule a 30-minute consultation and inquire about our financial initiatives.