Your Funded Account Balance will be the same Account Balance that you selected when you purchased the Funded Account Challenge before Phase 1 (Evaluation Stage). To maintain your Funded Account status, as a Funded Trader, you will need to meet the following criteria:
- Max Daily Drawdown: 5%
- Max Overall Drawdown: 10%
- Profit Target: N/A
- Minimum Trading Days: N/A
- Trading Period: Indefinite
- Consistency Rule 30%
What Happens If I Breach One of the Requirements?
If you violate the Daily/Overall Drawdown parameters, this will automatically result in your Funded Account being disabled, with immediate effect. You can still apply for another Funded Account Challenge.
Note: Do not worry about the losses, Funded Kings bears full responsibility for all the losses, we take all the risk, and you take 80% of the total profit.
How Much Profit Do I Get?
As a Funded Kings Funded Trader you will receive a generous 80% of the Profit Split from each respective Withdrawal Period. If you successfully manage to avoid violating the Drawdown Limits, and you are profitable, you will be eligible for your first payout within one week from your first trade. You will then be continuously paid on a weekly basis thereafter. The payouts will be sent out on Fridays.
Do you wish to learn more about our Profit Payout Scheme? Learn more here.
