The purpose of the Challenge is for Funds4Traders, LLC to observe and evaluate your trading style in a simulated environment. Since your trading data may be used for real market trading on our own account, it is essential for you to demonstrate that you manage risk effectively and trade responsibly. 

The rules in Step 1 and Step 2 are analogical: 

• Min Trading Days: 5
  You must execute trades on at least 5 different days. These can be consecutive or spread out, depending on your trading style.
• Max Trading Days: none 
• Profit Target: 10% of the initial account balance Once you achieve the profit target, you will see this indicated on your Dashboard. At this point, you need to close all your open positions. Once you do that, the difference between your current balance and your initial balance should be equal to or higher than 10%.
• Max Daily Loss: 5% of the initial account balance This rule limits your daily losses to 5% of the initial balance, ensuring disciplined risk management. A potential violation of this rule results in the closure of your Challenge account.
• Max Loss: 10% of the initial account balance This acts as a stop-loss for your account. If your account equity (balance + open P/L), including swaps and commissions, drops below 90% of the initial balance, you’ll have violated this rule. It is designed to protect the account funds while encouraging responsible risk management. A potential violation of this rule results in the closure of your Challenge account. 

All FundedEdge accounts, including Funded Accounts, operate with virtual funds in a demo environment that simulates real market conditions. Although traders can earn real profits, these accounts are not funded with real money. 

Unlike standard demo accounts, which offer an idealized trading experience with instant trade execution, our simulated environment is designed to replicate the realities of the market. We use real Prime Liquidity Providers’ price feeds and depth of market data to simulate market liquidity. This means that trades are executed with real-world factors like speed, slippage, and spreads in mind. 

If you violate any of the trading rules in your Challenge or in your Funded Account, your account will be deactivated, and you’ll need to start over with a new Challenge Account. If you engage in any Forbidden Trading Practices, all your accounts may be deactivated, and your agreements with FundedEdge would be terminated.

The legal relationship between FundedEdge legally known as Funds4Traders, LLC and the Trader is established through the FundedEdge Trader Account Agreement. This legally binding document is signed once you successfully pass the Challenge and complete the required KYC (Know Your Customer) or KYB (Know Your Business) procedures. 

To withdraw profit from a standard funded account, ensure the following:

• Minimum Trading Days: You’ve met the required minimum number of trading days.
• Time Passed Since Funding: For the first withdrawal, 30 days must pass (varies by Perk Plan). Subsequent withdrawals require 14 days.
• Profit Threshold: You must have a minimum profit of $100 above the initial balance.
• Closed Trades: Ensure all trades are closed before withdrawal.
• KYC Approval: Complete the Know Your Customer (KYC) process.
• Trader Agreement: Sign the Trader Agreement.

When you request a withdrawal, our team conducts a thorough review of your trading activity to ensure adherence to our risk management policies. 

– High-Risk Strategies Not Permitted: 

• Grid Trading 

• High-Frequency Trading 

• Latency Arbitrage 

• Gambling 

• Martingale 

• Copy Trading
  

– Funded Account Rules Check: 

• Consecutive “Green” Days: Your account must have been in profit for five consecutive days. 

• Lot Limit Rule: Ensure your lot sizes align with the acceptable range. Excessive lot sizes (more than twice your average) will result in the removal of associated profits.