Why Get Evaluated for our Forex Funded Account – Transparent, Fair & Growth-Oriented

Effective date: 1 January 2021. This Privacy Policy outlines what types of information are collected from our account holders, users, and visitors (“you”, “your” or “User”), to whom it may be disclosed, and how that information may be used by Funded Trader. (“Funded Trader”, “we”, “our” or “us”), as each of the foregoing relates to your use of Funded Trader Web Site, (the “Site”). Please read our privacy policy carefully to get a clear understanding of how we collect, use, protect or otherwise handle your Personally Identifiable Information in accordance with our website. By using our website you agree that you have read, understood, and consented to this Privacy Policy and our Terms of Use. We reserve the right to change this Policy including altering the purposes for which it processes your personal information. In the event that Funded Trader considers it appropriate to make any such change, the Policy will be updated and posted on our site. Your continued use of the site will constitute acceptance of those changes. The date on which the then current Privacy and Cookie Policy came into force will be as stated at the top of this Privacy Policy.

By providing us with your personal information, you explicitly consent to us processing and disclosing your Personal Information for the purposes, and otherwise in the manner set out in this Policy, or as otherwise provided in accordance with the Terms and Conditions.

PII, as used in Privacy and Electronic Communications Regulations, is information that can be used on its own or with other information to identify, contact, or locate a single person, or to identify an individual in context.

We collect information from you when you subscribe to a newsletter or enter information on our site.

Personal Data

While using our Service, we may ask you to provide us with certain personally identifiable information that can be used to contact or identify you (“Personal Data”). Personally, identifiable information may include, but is not limited to:

We may use the information we collect from you when you register, make a purchase, sign up for our newsletter, respond to a survey or marketing communication, surf the website, or use certain other site features in the following ways:

We use cookies and other similar technologies, including log data, on our Site to distinguish you from other users of our websites and apps (including when you browse third party websites). This helps us to provide you with a good experience when you use our services. We also use cookies and similar technologies to show you more personalised advertising. You may adjust the settings on your browser to refuse cookies but some of our services may not work if you do so. Examples of Cookies we use include:

Funded Trader may disclose your Personal Data in the good faith belief that such action is necessary to:

We recognise that online security is an area of vital importance for all our customers. It is imperative that you should have full confidence that your personal details are secure. We employ security measures to protect your information from access by unauthorised persons and to prevent unlawful processing, accidental loss, destruction and damage. In order to protect both ourselves and our customers from identity theft we may verify the information you have provided with our banking institutions over secure lines. Again this is carried out in accordance with our data protection obligations. Please keep in mind that no method of transmission over the Internet, or method of electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your Personal Data, we cannot guarantee its absolute security.

We may employ third party companies and individuals to facilitate our Service (“Service Providers”), to provide the Service on our behalf, to perform Service-related services or to assist us in analysing how our Service is used. These third parties have access to your Personal Data only to perform these tasks on our behalf and are obligated not to disclose or use it for any other purpose.

We may use third-party Service Providers such as Google to monitor and analyse the use of our Service. Vendors, such as Google use first-party cookies (such as the Google Analytics cookies) and third-party cookies (such as the DoubleClick cookie) or other third-party identifiers together to compile data regarding user interactions with ad impressions, and other ad service functions as they relate to our website.
Opting out:
 Users can set preferences for how Google advertises to you using the Google Ad Settings page. Alternatively, you can opt out by visiting the Network Advertising initiative opt out page or permanently using the Google Analytics Opt Out Browser add on.

Our Service may contain links to other sites that are not operated by us. If you click on a third party link, you will be directed to that third party’s site. We strongly advise you to review the Privacy Policy of every site you visit. We have no control over and assume no responsibility for the content, privacy policies or practices of any third party sites or services.

The Funded Trader Site is not intended for use by minors under the age of 18 and are not targeted to children. We do not knowingly collect information from children under the age of 16, solicit information from such children, or market products to such children.

We value your opinion.” If you have comments or questions about our Privacy Policy, please feel free to write to us at:”
Email: info@new22.funded-traders.com

A trader who had completed with success the trading evaluation phase and currently trading for Funded Trader.

The initial balance of the account once a trader successfully meets all of the objectives in the evaluation account.

(Take Profit Evaluation Account) is the account the trader receives to trade. The fund authorised personnel will monitor and evaluate the trading activity in this account to verify the trader is complying with the trading policy of the fund. The evaluation account balance is lower by one half of the portfolio account balance, received once the trader is qualified. E.g. To qualify for a fully funded $50,000 account, a trader must trade an evaluation account of a $25,000.

A trader is entitled to a share of the profits made in the assigned trading account, whether it is on an evaluation account or in a portfolio manager account.

Once a trader becomes an official portfolio manager for Funded Trader, the fund may promote the trader’s account as specified by the growth scheme. By default, any portfolio manager for the Funded Trader. Yet it is the sole privilege of the fund to deny or delay promotion or change the promotion terms. The growth scheme may change according to the fund’s decision.

The trading policy a trader must apply in their trading activity in order to qualify for a portfolio manager position with Funded Trader.

A fee a trader pays to the fund for the privilege to receive a real money trading account with profit sharing and to be evaluated by the fund’s trading directors for becoming a portfolio manager for Funded Trader. This is non-refundable once a trader has received access to their LIVE account or commenced trading activity.

Meeting all the following guidelines and objectives entitles the trader to perform as a portfolio manager for Funded Trader, with a Fully Funded trading account.

Traders are limited to trading Stocks on the AMEX, NASDAQ and New York Stock Exchange (NYSE). Platform accessibility is during US market hours (9:30 a.m. to 4 p.m. EST, except Stock market holidays). US based Traders are not eligible for Stock Funded accounts. A trader must avoid trading any other Stocks unless requested and permitted by the funds official representative. Trading stocks which are not permitted for trading may result a termination of the Evaluation or Fully Funded account.

It is to be acknowledged and clear; that the trading accounts, the technology, software, the funds worth are the sole property of Funded Trader. The portfolio manager has no rights over any of the properties mentioned.

Exceeding the max trade value, will automatically disqualify the trader, and cause the final termination of the Evaluation or Fully Funded account. Any position at profit with SL above profit (minus commissions and swap charges), may be ignored in calculating the max exposure.

The maximum drawdown allowance in the account. A Drawdown (DD) is the maximum change of equity value between the equity peak value and the trough equity value. This includes closed and open orders. Exceeding the Max Drawdown limitation, will disqualify the trader, and cause the final termination of the Evaluation or Fully Funded account.

The minimum count of trades required in the Evaluation account is 40. A trader must exceed the number of minimum trades to qualify for a portfolio manager account.

• TIME LIMIT – The period of time that a trader should accomplish the evaluation objectives is up to 6 months. After the due date, the account will be terminated and the trader will be disqualified. If any profits exist in the account, the fund will send the trader’s share of profits. The time limit may be extended if a trader request from the fund, and by the fund directors approval.

Trading on the TP evaluation account entitles the trader to withdraw profit by the percentage split specified in the plan of choice.
Profit withdrawals are paid in three possible circumstances:

1. A trader had completed with success the evaluation objectives.
2. A trader files a withdrawal request.
3. A trader was disqualified and the account balance contains profits.

• Once a trader completed with success the evaluation objective, the fund will terminate the account, pay out the profits for the trader by the specified split, and reward the trader with a new portfolio manager account.
• A trader of an evaluation account may apply for a profit withdrawal request only once. Once a profit withdrawal is requested, the fund will close all open positions, terminate the account and the trader is announced disqualified. Any profits will be paid by the specified split.
• Once a trader has been disqualified while profits exist in the account, the fund will close all open orders and terminate the account from further trading. Any left profits will pay out by the specified split.

The fund will terminate an evaluation account by the following circumstances:

– A trader had exceeded the Maximum Drawdown Allowance

– A trader had exceeded 50% of the allowable Maximum DrawDown within 3 months or less

– A trader had exceeded the Maximum Trade Size Allowance

– A trader had exceeded the Time Limit without accomplishing the evaluation objectives

– A trader had exceeded the Maximum Daily Loss Allowance 3 times or more

Once an evaluation account is terminated, It will be disabled from further future trading. A terminated account will not be recovered. A Trader of a terminated evaluation account may apply again for new evaluation plan from start. The current evaluation fee for the chosen account, regardless of the amount of the original fee paid, would become payable again in the event the trader wanted to open another trading account.

A trader who has completed with success the trading evaluation phase, and currently trading for Funded Trader.

The initial balance of the account once a trader successfully meets all of the objectives in the evaluation account.

Is the account the trader receives to trade. The Fund’s authorised personnel will monitor and evaluate the trading activity in this account to verify the trader is complying with the trading policy of the Fund.

A trader is entitled to a share of the profits made in the assigned trading account. In the evaluation phase the trader is entitled to 100% of their profits.

Once a trader becomes an official portfolio manager for Funded Trader, the Fund may promote the trader’s account as specified by the growth scheme. Yet it is the sole privilege of the Fund to deny or delay promotion or change the promotion terms. The growth scheme may change according to the Fund’s decision.

The trading policy a trader must apply in their trading activity, in order to qualify for a portfolio manager for Funded Trader.

Trading activity is limited to Forex Majors currencies and their combinations: USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD.

The following is a list of securities permitted to trade:

Forex Majors: EURUSD, GBPUSD, USDJPY, USDCAD, AUDUSD, NZDUSD, USDCHF.

Forex Majors Crosses: AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, GBPNZD, NZDCAD, NZDCHF, NZDJPY

A trader must avoid trading any other securities unless requested and permitted by the Funds official representative. Trading securities which are not permitted for trading may result in termination of the Fully Funded Account or failing the evaluation phase.

It is to be acknowledged and clear; that the Fully Funded trading accounts and the funds are the sole property of Funded Trader. The portfolio manager has no rights over any of the properties mentioned.

The maximum allowance of lots summarised by all open positions, regardless of the trade direction (Long or Short). Exceeding the max exposure value, will automatically disqualify the trader and cause the final termination of the Fully Funded Account. Any position at profit with SL above profit (minus commissions and swap charges), may be ignored in calculating the max exposure.

The maximum drawdown allowance in the account. A Drawdown (DD) is the maximum change of equity value between the equity peak value and the equity value. This includes closed and open orders. Exceeding the Max Drawdown limitation, will disqualify the trader and cause the final termination of the Fully Funded Account.

Any position must have a hard stop loss value not greater than the value specified. Failing to place stop loss orders will cause the final termination of the Fully Funded Account.

Any position must have a hard stop loss value not greater than the value specified. Failing to place stop loss orders will cause the final termination of the Fully Funded Account.

The period of time that a trader should accomplish the evaluation objectives is up to 6 months. The time limit may be extended if a trader requests it and upon approval from the director of the Fund.

Trading on the Fully Funded Account entitles the trader to withdraw profit by the percentage level specified in the plan of choice.
Profits withdrawals are paid in the following possible circumstances:

1. A trader had completed with success the evaluation objectives.
2. A trader files a withdrawal request.
3. A trader was disqualified and the account balance contains profits.
4. A trader of a Fully Funded Account may apply for a profit withdrawal request only once. Once a profit withdrawal is requested, the Fund will close all open positions and any profits will be paid by the specified split.

The Fund will terminate a Fully Funded Account by the following circumstances:

– A trader has exceeded the Maximum Drawdown Allowance

– A trader has exceeded the Maximum Exposure Allowance

– A trader fails to apply proper stop loss for all trades

A terminated account will not be recovered. Once a trader has been disqualified while profits exist in the account, the Fund will close all open orders and terminate the account from further trading. Any profits will be paid out by the specified split.

The Trader of a terminated Fully Funded Account may apply again for a new evaluation phase from the start. The required minimum deposit in the evaluation phase for the chosen account (regardless of the amount) would become payable again in the event the trader wanted to get evaluated again.

The Limitless Evaluation fee is Non-refundable once a trader has submitted their Evaluation Account details, or if this has not been provided within three days of payment.