You can have unlimited funded accounts. The FundedRacer model is unlimited — we'll keep funding you with the best strategy, so we'll make sure you get enough chances.
Which instruments can I trade?
We do not impose any limits on instruments on positions taken on your trades; you can trade all the instruments we send and even find some in the MT5 list (Forex, Indices, Metals, Commodities).
Do you allow EAs / Indicators?
EAs and Indicators are allowed. They are allowed in the challenge stages and in the funded account.
You can also use third-party trading tools as well as well as an EA — all you have to do is to verify the EA before using it on your real account.
Which strategies are strictly forbidden?
Using any of the following strategies will result in account termination:
High-Frequency Trading (Sexually or Latency)
Reverse Arbitrage trading
Latency Arbitrage Trading
Tick Scalping
Curve-fitting Strategies
Copying Trades from other traders
If the use of any of these strategies is found in your account, it will be considered a violation of this rules, and FundedRacer will terminate your trading without any warning.
Copy trading from your account in other accounts, and a simple trade from someone else will be considered a violation of the rules.
Is Hedging Allowed?
Yes, hedging is allowed.
However, hedging using multiple accounts is not allowed as it does not reflect a proper trading strategy. No inter-account hedging — you are not allowed to place hedged entries between them.
Is it Mandatory To Use Stop Loss For All Trades?
In the challenge stages, traders are free to trade without using stop-loss orders if they choose; there is no restriction on their use.
However, at the funded stages, it's mandatory to place a stop-loss order for all trades. This requirement aims to manage risk and protect the capital generated throughout the trading journey. If a running entry is missed before closing, it may be deemed fail to set a Stop Loss (SL) within the initial 15 second window. The funded account will be disabled and removed from the challenge.
Is there a Minimum / Maximum Lot Size?
There are no lot size restrictions on 0.01 of lot. You are free to trade using whatever lot size you prefer.
How Do You Calculate Overall Drawdown?
You can have an overall maximum loss limit of 10% of your initial account balance. This means your account balance or equity should always be over 90% of the initial balance to avoid rule violations.
For example, for a $100k account, your maximum loss limit is $10k. As long as your balance/equity (whichever is lower) is over $90k, you will not violate the overall drawdown.
Can I Trade From Multiple IP Addresses?
We recommend not to. If you are trading from a different location or using a VPS, you need to show proof to our customer support.
Is it allowed to trade during news events?
In the challenge stage, you are free to trade during news or holding news trading time for higher slippage and volatility.
However, in the funded stage, trading near a news holding time is not allowed. All high-impact news trading is strictly prohibited. Funded traders must close all trades at least 5 minutes before news is released. Traders can only open new trades 5 minutes after the news is released. These rules apply to funded accounts. Check our calendar for all scheduled high-impact news events.
KYC (Know Your Customer) is the necessary process of identifying and verifying that clients identity when opening an account and periodically over time. In order to receive your fully funded account, it is mandatory to complete the KYC process.
What is the Consistency Rule and when does it apply?
The Consistency Rule requires traders to maintain a consistently evolving pattern of trading throughout the funded trading period.
Note: This rule only applies to funded plans once a trader has been approved and is actively trading.
What is the Single Trade Loss rule and when does it apply?
The Single Trade Loss rule limits only your individual trade to a maximum loss of 2% of your current day's balance. This percentage rule will help promote disciplined trading.
If a trade violates this rule, individual trades need to remain plans, so make sure to check your plans directly for each trade as this rule is enforced.
What additional checks are required before receiving the first payout?
Before your first payout, our risk team will verify:
Completed KYC verification
Minimum 10 trading days on funded account
No rule violations during the trading period
Valid payment method on file
Profit target met and maintained for 24 hours
Handling Commission On Your Trading?
Trading commissions are charged per lot traded and are reflected in your account balance. Commission rates vary by instrument — Forex pairs typically see $3–$7 per lot round-trip. Commissions count toward your overall drawdown calculation.
What is the Spread/Execution Model Of The Trading Account?
You will receive institutional spread pricing from ECN/STP execution. Our accounts offer raw spreads from 0.0 pips on major pairs, with instant market execution. Slippage may occur during high-impact news events.
How Fast Is Withdrawal / Payout?
Payouts are processed within 1–3 business days after a payout request is approved. Crypto withdrawals are typically faster (same day). Bank wire transfers may take 3–5 business days depending on your bank.
Do you offer a referral program?
Yes! Our Affiliate Program pays up to 20% commission per referral. Standard affiliates earn 15% per subscription. Top affiliates (20+ referrals) are upgraded to 20%. Visit our Affiliate Page to get started.
When can I request a Payout?
You can request a payout after completing a minimum of 10 trading days on your funded account. The payout date cycles on the 15th of each month. You must meet all trading rules and have a valid profit to withdraw.
What is your bonus policy?
FundedRacer runs periodic promotions including discount codes, bonus challenge credits, and referral bonuses. These are announced via our newsletter and social channels. Bonus funds are non-withdrawable but profits generated from them are eligible for payouts.
Do I Have To Close My Positions On The Weekend?
For challenge accounts, weekend holding is allowed — you are not required to close positions before the weekend. For funded accounts, it is strongly recommended to close high-risk positions before Friday's market close to avoid gap risk over the weekend.
How Can I Use the Dashboard?
After signing up and purchasing a challenge, you'll receive login credentials for the FundedRacer dashboard. From there you can monitor live P&L, track drawdown, view trading statistics, request payouts, and access your referral link.
When Will You Register My Real/Funded Account?
Once you pass all challenge stages, our team will review your performance and set up your funded account within 24–48 hours. You'll receive an email with your MT5 credentials and your live account balance ready to trade.
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1-Step Challenge Rules
⚡ 1-STEP
Profit Target10%
Max Daily Drawdown5%
Max Overall Drawdown10%
Min Trading Days5 Days
Profit SplitUp to 90%
Weekend Holding✓ Allowed
News Trading✓ Allowed
Expert Advisors✓ Allowed
Scaling PlanUp to $2,000,000
2-Step Challenge Rules
🏁 2-STEP
Phase 1 Profit Target8%
Phase 2 Profit Target5%
Max Daily Drawdown5%
Max Overall Drawdown10%
Min Trading Days5 Days
Profit SplitUp to 90%
Weekend Holding✓ Allowed
News Trading✓ Allowed
Expert Advisors✓ Allowed
Instant Funding Rules
⚡ INSTANT
EvaluationNone Required
Max Daily Drawdown5%
Max Overall Drawdown10%
Min Trading DaysNone
Profit SplitUp to 80%
Weekend Holding✓ Allowed
News Trading✓ Allowed
Instant Access✓ Yes
Pay Later Rules
💰 PAY LATER
Upfront Fee$0
Max Daily Drawdown5%
Max Overall Drawdown10%
Profit SplitUp to 80%
Weekend Holding✓ Allowed
News Trading✓ Allowed
PaymentFrom Profits Only
Drawdown Rules — How are they enforced?
Daily Drawdown (5%) — Calculated from the highest balance or equity at the start of the trading day. If your account drops 5% from that point, your account is automatically closed.
Overall Drawdown (10%) — Calculated from the initial account balance. Your equity must never fall below 90% of the starting balance at any time, including open floating trades.
Profit Split & Scaling Rules
Starting Profit Split80%
Max Profit Split90%
Scaling Trigger10% profit over 3 months
Max Account Size$2,000,000
Scale Increment25% account increase
Prohibited Trading Practices
The following practices result in immediate account termination:
High-Frequency Trading (HFT) / Latency Arbitrage
Reverse Arbitrage / Tick Scalping
Account copying / Mirror trading between accounts
Group or social trading that contradicts our rules
Exploiting system gaps or pricing errors
Use of insider information
Payout Rules & Conditions
First Payout After10 Trading Days
Payout CycleOn-demand / Monthly 15th
Processing Time1–3 Business Days
Crypto PayoutSame Day
Bank Wire3–5 Business Days
Min Payout Amount$50
Stop Loss Requirement (Funded Accounts)
On funded accounts, a Stop Loss is mandatory on every trade. You must place the SL within 15 seconds of opening a position. Trades found without a SL after the 15-second window will trigger an automatic close and rule violation flag.
News Trading Rule (Funded Accounts)
On funded accounts, all high-impact scheduled news events require:
Close all open trades 5 minutes before the event
Do not open new trades until 5 minutes after the event
Violations result in the trade being reversed and a warning issued
Challenge accounts have no news restrictions.
KYC & Compliance Requirements
All traders must complete KYC before receiving their first payout. Required documents:
Government-issued photo ID (Passport / National ID)
Proof of address (utility bill or bank statement, within 3 months)
Selfie with ID
KYC review takes 24–48 hours after documents are submitted.
Account Termination Policy
Accounts may be terminated for any of the following:
Breaching daily or overall drawdown limits
Using prohibited strategies
Failing to meet SL requirements on funded accounts
Trading during restricted news windows (funded)
Providing false identity or KYC documents
Sharing account access with a third party
Terminated accounts are not refunded. You may repurchase a challenge at any time.
LIVE SUPPORT
Still Have Questions? Contact Our Live Support
Can't find what you're looking for? Our support team is available 24/7 to help you with any questions about your challenge, funded account, or payouts.
24/7 Support
FUNDEDRACER CHAT
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When do I get my funded account?
After passing your challenge, we set up your funded account within 24–48 hours! 🏁