Start your trading journey today! Tailor your account size to your risk tolerance and
trading goals. Then, simply hop over to the dashboard, complete the signup form, and let
the proprietary trading adventure begin!
02Validate your account
Level up with validation! Demonstrate your trading skills, discipline, and strategy.
Showcase your competence to unlock the next stage!
03Start trading
With accounts up to 1 million USD & Payouts up to 90%! Now, after passing the
validation phase, it's time to trade. Utilize your expertise, implement smart risk
management strategies, and ensure you don't fall below the daily drawdown limits. This
phase is where your trading journey truly takes off.Get Started
Proprietary trading, often referred to as "prop trading," involves obtaining access to a
trading account from a financial firm that invests for direct market gain rather than
earning commissions by trading on behalf of it's clients. This type of trading activity
occurs when a financial firm chooses to profit from the market rather than commissions
obtained through client trading activity.
Am I Trading Real Money?
We are given the ability to fund successful traders with live accounts. You are trading a
live account when you are funded with our firm.
Can I hedge?
Yes. As long as you are trading within the permitted 1:10 leverage and lot size (seen in
your dashboard upon purchase) you may hedge positions on both sides. If you have moved your
trade to Breakeven (stop loss locking in a profit on the overall position) your lots will be
freed up and can be used to hedge as well. Example: You have a $100,000 account and are
trading EUR/USD. EUR/USD is at a current price of 1.11000 (estimation), make sure to use the
price of the asset at the time of your calculation. You are able to take at max $100,000 *
(leverage) = $1,000,000/1.11000 (E/U price) = $900,900 / $100,000 (size of a standard lot) =
9.009 = 9.00 lots max. This means if you enter a BUY on EUR/USD for 9 lots, you will only be
able to hedge EUR/USD for 1 lot, as the Maximum Lot Size with Risk permitted is 10 lots.
However, if after it begins to go up, you move your Stop Loss to above the entry price
(putting you in profit), you will now be able to enter a SELL on EUR/USD for up to 10 lots.
Keep in mind that hedging a position helps to reduce the required margin as MetaTrader is a
netting platform, however hedging is independent of the Maximum Lot Size with Risk. Also,
moving a stop-loss to breakeven will free up additional lots to be used against the Maximum
Lot Size with Risk, however this will not free up additional margin to be traded. Margin and
Lot Size with Risk are two independent criteria that must be met.
Are Expert Advisors allowed?
EA's, Copy Traders, Scripts, and Indicators are all allowed.
Are there any Hidden Rules?
If the rule isn't here, you are in the clear. Unlike other prop firms, there are 0 hidden
rules. All parameters for the evaluation and the funded account are found on this page.
Please make sure to take the time to read every rule below. We are building a firm that
focuses on your success, part of that is bringing on traders that understand exactly how we
operate. There are only 3 ways to breach and lose an account, please read below for more
details: 1. Drawdown Rule 2. Daily Loss Rule 3. Inactivity of 30 days (if you do not place a
trade at least once every 30 days on your account, ThinkMarkets/GetFunded.cfd will consider
the account INACTIVE and the account will be breached).
How do I lose an account?
There are 3 ways to lose an account: Daily Stop Rule, the Max Drawdown Rule, or after an
inactivity period (not opening or closing a trade) of 30 days.
How many accounts/challenges am I allowed?
You are permitted to take one EVALUATION at a time. With regard to the concept of 'limits'
this is where we stand at present: $1 million max per person (can be made up of multiple
assessments, provided none are the same size at the same time). $1 million max per
strategy/EA (can be made up of multiple assessments, provided none are the same size at the
same time). Note: This applies to "off-shelf" EA's (EA's purchased from the market and used
by many). We are seeking to fund independent and unique strategies, not one that is the
exact same across the board. There is NO limit to how many accounts you may have (as long as
it's within the $1 million limit). There is NO limit for compounding. Up to $1 million of
initial funding, then grow the account to any balance you desire - yes, even $10 million,
$20 million, and so on.
What is your approach regarding malicious practices?
In our terms and conditions, you will see a better outline of these rules (view upon
purchasing your evaluation). If GetFunded.cfd LLC detects that your trading constitutes
Malicious Practices, your participation in the program will be terminated and may include
forfeiture of any fees paid to GetFunded.cfd LLC. Additionally, and before any Trader shall
receive a funded account, the trading activity of the Trader under these Terms and
Conditions shall be reviewed by both GetFunded.cfd LLC and the Broker to determine whether
such trading activity constitutes Malicious Practices. In the case of Malicious Practices,
the Trader shall not receive a funded account. Simply put, taking advantage of arbitrage
pricing or latency is against the rules. Malicious practices like latency pricing used to
benefit in a demo environment that can't be used in a live environment is against the rules.
This includes:
• Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
• Utilizing non-public and/or insider information
• Front-running of trades placed elsewhere
• Trading in any way that jeopardizes the relationship Prop Account has with a broker or may
result in the canceling of trades
• Trading in any way that creates regulatory issues for the Broker
• Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass
assessment accounts
• Utilizing one strategy to pass an assessment and then utilizing a different strategy in a
funded account.
There are a number of companies marketing and selling off-the-shelf EA's aimed at passing
Evaluations/Funded Challenges. This is NOT representative of a profitable trader and falls
under Malicious Practices. We take these actions in order to protect the business model
behind GetFunded and aim to enforce our main company philosophy, "serious funding for
serious traders." Those executing using malicious EA's and/or strategies that are marketed
for passing evaluations (this mostly affects less than 0-3% of our customer base), will fall
under Malicious Practices and will be refunded a portion of their initial payment. They will
be barred from ever using GetFunded or any of its services ever again.
Markets Offered/Leverage/Slippage
All markets offered by ThinkMarkets will be tradeable with our proprietary firm. We offer
Currencies, Indices (including DXY, VIX), Commodities, Cryptocurrencies (over 200+), and
Individual Shares. Please make yourself aware of any broker side limitations regarding risk
and depth of market as GetFunded.cfd has no control over these things. Once you have
received your account, please make sure to "Show All" pairs in the terminal. The tradeable
forex pairs are the ".i" pairs. Example: EURUSD.i, AUDUSD.i,US30.i Tradeable Indexes and
Cryptocurrencies will be found as ".p" pairs. Example: BTCUSD.p, ETHUSD.p Leverage: Forex,
Metals, Oils, and Indices (1:10), Cryptocurrencies (1:2), CFD/Stocks (1:5) Specification: 1
lot in Forex = 100,000 units, 1 lot in Crypto = 1 coin, 1 lot in Indices = 10 units, 1 lot
in Stocks = 100 shares (CFD), 1 lot in Commodities = 100 units (this can also be seen on
ThinkMarkets's website as well as right clicking the market you are trading and pressing
Specification in the MT4/MT5 terminal). Slippage: Although ThinkMarkets has extremely good
depth of market on most of its offered pairs/markets, there are some exceptions - these are
entirely handled by ThinkMarkets, and GetFunded.cfd has no control over depth of market or
broker pricing or ANY broker related services. Cryptocurrencies are offered with
GetFunded.cfd via ThinkMarkets are offered as a CFD and not as a DEX product - so you may
experience higher slippage as you trade larger lot sizes - This is true regardless of the
broker executing the trades, but please make sure you are aware of how slippage works and
can impact your trading.
The Maximum Trailing Drawdown is initially set at 6% and trails (using CLOSED BALANCE - NOT
equity) your account until you have achieved a 6% return in your account. Once you have
achieved a 6% return the Maximum Trailing Drawdown no longer trails and is permanently
locked in at your starting balance. This allows for more trading flexibility as you have
proven yourself as a profitable trader and can now freely compound an 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 $96,000. Next, let's say you take your account to $106,000 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 drawdown). 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.
Explain the 5% Daily Stop
The Daily Stop Loss is the maximum your account can lose in any given day. Daily Stop Loss
is calculated using the previous day balance which resets at 5 PM EST. Unlike other prop
firms, we do NOT base our calculations on previous day equity since the balance only model
allows you to scale profits without fear of losing your account. The Daily Stop compounds
with the increase in your account. Example: if your prior day's end of day balance (5pm EST)
was $100,000, your account would violate the daily stop loss limit if your equity reached
$95,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your
new-day (5pm EST) max loss is based on your balance from the previous day ($100,000). So,
your daily loss limit would still be $95,000.
Maximum drawdown is the maximum your account can drawdown before you would hard breach your
account. When you open the account, your Max Drawdown is set at 8% of your starting balance.
This will be static for the life of the account.
Explain the 4% Daily Stop
The Daily Stop Loss is the maximum your account can lose in any given day. Daily Stop Loss
is calculated using the previous day balance which resets at 5 PM EST. Unlike other prop
firms, we do NOT base our calculations on previous day equity since the balance only model
allows you to scale profits without fear of losing your account. The Daily Stop compounds
with the increase in your account. Example: if your prior day's end of day balance (5pm EST)
was $100,000, your account would violate the daily stop loss limit if your equity reached
$96,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your
new-day (5pm EST) max loss is based on your balance from the previous day ($100,000). So,
your daily loss limit would still be $96,000.
