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FAQ Centre

Frequently Asked Questions

Challenges

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How is Max Total Loss Calculated?

How is Max Total Loss Calculated?

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Challenges Overview

Challenges Overview

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Challenges Comparison: One Phase vs Two Phase vs Instant Funding

Challenges Comparison: One Phase vs Two Phase vs Instant Funding

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One Phase challenge

One Phase challenge

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Two Phase challenge

Two Phase challenge

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Instant Funding Challenge

Instant Funding Challenge

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Hard Breach

Hard Breach

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Challenge Mechanics

Challenge Mechanics

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Fee Structure

Fee Structure

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Challenge Failure

Challenge Failure

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Challenge Retake

Challenge Retake

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What are Phases

What are Phases

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Number of Phases in every Challenge

Number of Phases in every Challenge

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Max Daily Loss

Max Daily Loss

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Max Total Loss

Max Total Loss

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How is Daily Loss Calculated?

How is Daily Loss Calculated?

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What is High Water Mark?

What is High Water Mark?

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What Is the Leverage Offered on Funded7 Challenges?

What Is the Leverage Offered on Funded7 Challenges?

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NEO Plan: Monthly Payout Cap Expansion Rules

NEO Plan: Monthly Payout Cap Expansion Rules

Clients

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Why does the nullification of a trade result in a Maximum Drawdown breach?

Why does the nullification of a trade result in a Maximum Drawdown breach?

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What happens if rule violations are detected during a payout request?

What happens if rule violations are detected during a payout request?

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Does receiving a payout count as a “Successful Payout” for ranking up?

Does receiving a payout count as a “Successful Payout” for ranking up?

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Will violated trade data be deleted from my history?

Will violated trade data be deleted from my history?

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How do I move to a new Payout Window?

How do I move to a new Payout Window?

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Will profits voided once be deducted again in the next payout review?

Will profits voided once be deducted again in the next payout review?

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What is a “Strike”?

What is a “Strike”?

Trading Rules

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Evaluation & Maximum Allocation Limits per client

Evaluation & Maximum Allocation Limits per client

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Is martingale trading permitted?

Is martingale trading permitted?

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Why is My Account in Read-Only Mode?

Why is My Account in Read-Only Mode?

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Trading Inactivity & Account Termination: What Happens After 30 Days?

Trading Inactivity & Account Termination: What Happens After 30 Days?

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Can I engage in news trading?

Can I engage in news trading?

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Rule 1: Payout Criteria

Rule 1: Payout Criteria

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Rule 2 & 3: Position Risk & Execution

Rule 2 & 3: Position Risk & Execution

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Rule 4: Prohibited Strategies & Fair Play

Rule 4: Prohibited Strategies & Fair Play

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Rule 2C & Rule 2D: Classification List

Rule 2C & Rule 2D: Classification List

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Funded7 New Risk Framework (OREF): New Standards for Fairness and Transparency

Funded7 New Risk Framework (OREF): New Standards for Fairness and Transparency

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Funded7: Beginner’s Guideline

Funded7: Beginner’s Guideline

About Funded7

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The Funded7 Prop Trading Model: Transparent, Rewarding, and Built for Traders

The Funded7 Prop Trading Model: Transparent, Rewarding, and Built for Traders

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Funded7 Advantages

Funded7 Advantages

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Welcome Novice and Pro traders

Welcome Novice and Pro traders

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Why Funded7

Why Funded7

Trading Specifications

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Contract Specifications

Contract Specifications

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How does Leverage work in Funded7?

How does Leverage work in Funded7?

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What is the server time for MT5?

What is the server time for MT5?

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What is the server time for cTrader?

What is the server time for cTrader?

Purchases & Payouts

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Payouts at Funded7, Fast, Flexible, and Secure

Payouts at Funded7, Fast, Flexible, and Secure

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How to Request a Refund

How to Request a Refund

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Are there any additional fees or charges?

Are there any additional fees or charges?

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How to Buy a Challenge at Funded7

How to Buy a Challenge at Funded7

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How to use and Pay with PayPal?

How to use and Pay with PayPal?

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How to use and Pay with Crypto?

How to use and Pay with Crypto?

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How to resolve Credit card failure to pay?

How to resolve Credit card failure to pay?

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What limits apply to Giveaway, Free, Competition, and Other Non-Purchased Accounts?

What limits apply to Giveaway, Free, Competition, and Other Non-Purchased Accounts?

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Revolut Payouts – Instant & Bank Transfer

Revolut Payouts – Instant & Bank Transfer

Affiliates

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Earn Big with Funded7’s Affiliate Program

Earn Big with Funded7’s Affiliate Program

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How to Become an Affiliate at Funded7

How to Become an Affiliate at Funded7

Funded Account

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Funded7 Instant Funded and Funded account

Funded7 Instant Funded and Funded account