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FAQ Centre

Frequently Asked Questions

Challenges

How is Max Total Loss Calculated?

How is Max Total Loss Calculated?

Challenges Overview

Challenges Overview

Challenges Comparison: One Phase vs Two Phase vs Instant Funding

Challenges Comparison: One Phase vs Two Phase vs Instant Funding

One Phase challenge

One Phase challenge

Two Phase challenge

Two Phase challenge

Instant Funding Challenge

Instant Funding Challenge

Hard Breach

Hard Breach

Challenge Mechanics

Challenge Mechanics

Fee Structure

Fee Structure

Challenge Failure

Challenge Failure

Challenge Retake

Challenge Retake

What are Phases

What are Phases

Number of Phases in every Challenge

Number of Phases in every Challenge

Max Daily Loss

Max Daily Loss

Max Total Loss

Max Total Loss

How is Daily Loss Calculated?

How is Daily Loss Calculated?

What is High Water Mark?

What is High Water Mark?

What Is the Leverage Offered on Funded7 Challenges?

What Is the Leverage Offered on Funded7 Challenges?

NEO Plan: Monthly Payout Cap Expansion Rules

NEO Plan: Monthly Payout Cap Expansion Rules

Clients

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?

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

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

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

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

Will violated trade data be deleted from my history?

Will violated trade data be deleted from my history?

How do I move to a new Payout Window?

How do I move to a new Payout Window?

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

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

What is a “Strike”?

What is a “Strike”?

Trading Rules

Evaluation & Maximum Allocation Limits per client

Evaluation & Maximum Allocation Limits per client

Is martingale trading permitted?

Is martingale trading permitted?

Why is My Account in Read-Only Mode?

Why is My Account in Read-Only Mode?

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

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

Can I engage in news trading?

Can I engage in news trading?

Rule 1: Payout Criteria

Rule 1: Payout Criteria

Rule 2 & 3: Position Risk & Execution

Rule 2 & 3: Position Risk & Execution

Rule 4: Prohibited Strategies & Fair Play

Rule 4: Prohibited Strategies & Fair Play

Rule 2C & Rule 2D: Classification List

Rule 2C & Rule 2D: Classification List

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

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

Funded7: Beginner’s Guideline

Funded7: Beginner’s Guideline

About Funded7

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

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

Funded7 Advantages

Funded7 Advantages

Welcome Novice and Pro traders

Welcome Novice and Pro traders

Why Funded7

Why Funded7

Trading Specifications

Contract Specifications

Contract Specifications

How does Leverage work in Funded7?

How does Leverage work in Funded7?

What is the server time for MT5?

What is the server time for MT5?

What is the server time for cTrader?

What is the server time for cTrader?

Purchases & Payouts

Payouts at Funded7, Fast, Flexible, and Secure

Payouts at Funded7, Fast, Flexible, and Secure

How to Request a Refund

How to Request a Refund

Are there any additional fees or charges?

Are there any additional fees or charges?

How to Buy a Challenge at Funded7

How to Buy a Challenge at Funded7

How to use and Pay with PayPal?

How to use and Pay with PayPal?

How to use and Pay with Crypto?

How to use and Pay with Crypto?

How to resolve Credit card failure to pay?

How to resolve Credit card failure to pay?

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

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

Revolut Payouts – Instant & Bank Transfer

Revolut Payouts – Instant & Bank Transfer

Affiliates

Earn Big with Funded7’s Affiliate Program

Earn Big with Funded7’s Affiliate Program

How to Become an Affiliate at Funded7

How to Become an Affiliate at Funded7

Funded Account

Funded7 Instant Funded and Funded account

Funded7 Instant Funded and Funded account