Trading Rules

1 Introduction

These Trading Rules ("Rules") set out the trading conditions, objectives, and prohibited behaviours that apply to every FFUNDED evaluation and simulated funded account. They apply in addition to the Terms of Service, the CFDs Challenge Terms, the Futures Challenge Terms, and the Instant Account Terms.

All FFUNDED accounts operate on simulated capital in a demo trading environment. No real client funds are ever placed at market risk. References to "profit", "loss", "balance", and "equity" describe simulated results used to measure trading skill.

2 How the Rules Fit Together

The exact numeric thresholds for each product, such as profit targets, drawdown limits, and minimum trading requirements, are defined in the terms for the specific plan you purchase.

• CFDs evaluations are governed by the CFDs Challenge Terms.
• Futures evaluations are governed by the Futures Challenge Terms.
• Instant accounts are governed by the Instant Account Terms.

Where a plan-specific term and these Rules differ, the plan-specific term controls for that account.

3 Objectives

To progress through an evaluation and to keep a simulated funded account in good standing, a trader must:

• Reach the profit target for the account stage, where one applies.
• Stay within the maximum drawdown limit at all times.
• Stay within the daily drawdown limit on every trading day.
• Complete the minimum number of profitable trading days required for the plan.
• Trade in a manner consistent with these Rules throughout the account lifecycle.

4 Drawdown Limits

Drawdown protection is the core risk control on every account.

Daily Drawdown

The daily drawdown limit caps the loss permitted within a single trading day, measured from the higher of the day's starting balance or starting equity. Breaching the daily limit is a hard breach and ends the account stage.

Maximum Drawdown

The maximum drawdown limit caps the total loss permitted over the life of the account. Depending on the plan, it is measured from the initial balance or trails the account's highest recorded equity. Breaching the maximum limit is a hard breach and ends the account.

Drawdown is monitored on floating (open) equity as well as closed balance. An open position that pushes equity through a limit constitutes a breach.

5 Hard Breaches

A hard breach immediately ends the affected account stage. Hard breaches include:

• Exceeding the daily drawdown limit.
• Exceeding the maximum drawdown limit.
• Trading activity that the Company reasonably determines was designed to exploit simulated pricing, latency, or feed errors.

Hard breaches are final. Simulated profits recorded on a hard-breached account are void and carry no entitlement to any payout.

6 Soft Breaches and the Strike System

Certain conduct does not immediately end an account but is recorded as a strike. Soft breaches include, among others:

• Exceeding permitted notional exposure.
• Holding positions in breach of the account's weekend or overnight holding conditions, where those conditions apply.
• Excessive floating drawdown behaviour.
• Martingale-style position scaling.

Accounts operate on a five-strike system. Reaching the strike ceiling results in closure of the account. Repeated soft breaches may also reduce an eligible payout in accordance with the Payout Policy. Traders may appeal strikes through the process described in the Complaints Policy.

7 Challenge Reset and Warning Rule Logic

7.1 Warning-based rules

Certain rules issue a formal warning rather than breaching the account immediately. Warning-based rules include High-Frequency Trading, Maximum Floating Loss per Trade, Maximum Total Exposure, Overnight Holding and Weekend Holding.

Each warning-based rule permits a maximum of two warnings. Warning counts are tracked separately for each rule, and reaching the maximum on any single rule breaches the account irrespective of the account's standing on any other rule.

First warning (1 of 2). Trading on the account is suspended immediately. The trader may not resume trading until a Challenge Reset is completed. Declining the reset leaves trading suspended.

Second warning (2 of 2). The account is breached immediately and trading is permanently disabled. No Challenge Reset is available.

7.2 Challenge Reset

A Challenge Reset is available at no charge on Challenge accounts only. It resets the trader's progress and nothing else.

A Challenge Reset may be performed:

• Where required, following a first warning as set out above.
• Voluntarily, at any time, provided the account has not been breached, has no open positions, and the account's profit or loss is at break-even ($0) or in profit. Where the account is in loss, the voluntary reset is unavailable until the trader recovers the account to break-even or better. A reset that is required following a first warning is not subject to this condition.

On a Challenge Reset, all open positions are closed automatically, the account balance returns to its original starting balance, profit and loss resets to $0, and profit target progress, drawdown progress, trading statistics and challenge progress all reset. The challenge restarts from day one. The trader voluntarily forfeits all current profits.

A Challenge Reset does not remove warnings, rule violations, compliance history or administrative records. Existing warning counts carry over. Where a trader was on a first warning for a rule, a further warning for that rule breaches the account immediately.

7.3 Funded Reset

A Funded Reset is a paid option available on funded accounts only. It is not available on Challenge accounts, and there is no equivalent paid reset for a Challenge account.

A Funded Reset is available only where the account has not been permanently breached, has no open positions, the reset fee is paid, and the account's current maximum drawdown usage remains below 10%. Once the account reaches or exceeds that threshold, the option is no longer available.

On a Funded Reset, all open positions are closed, the balance returns to the original funded balance (or the latest scaled balance where applicable), and profit and loss, trading statistics, payout progress, drawdown progress and trading progress all reset. Unlike a Challenge Reset, a Funded Reset also clears all warnings, strikes and user-facing rule violations, together with any trading restriction arising from them.

Internal records, including anti-money-laundering and identity-verification history, fraud and abuse investigations, payment history, previous reset purchases and administrative notes, are never deleted and remain available to the Company.

8 Trade Consistency Rule

To reward genuine, repeatable trading skill, each account is subject to a Trade Consistency Rule. A single trade, or a cluster of trades on a single day, that produces a result far above the account's own rolling average may be flagged for review, and the portion attributable to that outlier may be discounted when measuring qualifying performance.

Consistency is assessed relative to your own trading history on the account, using an adaptive band, rather than a fixed figure. The rule does not penalise ordinary variation in results; it targets outcomes that depend on a single disproportionate event.

9 Minimum Trading Requirements

Where a plan specifies a minimum number of profitable trading days, those days must be genuine trading days on which qualifying activity occurred. A profitable trading day is any New York trading day closed with positive net realised profit; there is no percentage threshold on it. Opening token positions solely to register a day does not satisfy the requirement and may be treated as a soft breach.

Falling short of the minimum number of profitable trading days affects payout eligibility only. It does not close the account.

Instant accounts carry an additional and separate minimum trading activity requirement: at least seven qualifying days, each closing with a net realised gain of at least 0.25% of the initial balance, within every rolling thirty day activity cycle. An account whose cycle closes short of that count is terminated, after written warning. The cycle resets on each approved payout. This requirement applies to Instant accounts only and is set out in full in the Instant Account Terms.

10 Prohibited Trading Behaviours

The following are prohibited on all accounts:

• Trading that relies on latency, feed, or pricing errors, including latency arbitrage and reverse arbitrage.
• Coordinated trading, group hedging, or opposite-direction hedging across multiple accounts to guarantee an outcome.
• Copy trading or signal following that mirrors positions across accounts you do not personally trade.
• Automated or algorithmic trading, including expert advisors and bots, except where a plan expressly permits it.
• High-frequency trading patterns intended to exploit the simulated environment.
• Grid and martingale strategies that scale exposure into losses beyond permitted limits.
• Loss-recovery over-sizing, meaning materially increasing position size after a realised loss to recover it.
• Excessive concentration in a single direction or a single instrument beyond permitted exposure limits.

11 Automation and Bots

Fully automated trading is not permitted unless the specific plan states otherwise. FFUNDED operates automation-detection controls that examine order timing, sizing, and behavioural fingerprints. Where automation is detected, affected accounts may be placed under review, restricted, or terminated in accordance with the applicable Challenge Terms.

12 Prohibited-Behaviour Review

Where the Company identifies conduct that may breach these Rules, an account may be placed into a manual review state while the activity is examined. During review, certain account actions may be limited. The Company will act in good faith and, where a breach is confirmed, apply the outcome set out in the applicable terms. Where no breach is found, the account is released and continues normally.

13 Account Lifecycle

Accounts may be refreshed or reset in the circumstances described in the applicable Challenge Terms. Passing an evaluation stage does not create any entitlement other than progression to the next stage or to a simulated funded account, as described in those terms. Simulated funding, scaling, and payouts are governed by the Payout Policy and the relevant Challenge Terms.

14 Changes to These Rules

FFUNDED may update these Rules from time to time to reflect operational, security, or compliance requirements. Material changes will be published on the FFUNDED website, and the current version always governs live accounts. It is your responsibility to review the Rules that apply to your account.

15 Contact

If you have any questions regarding these Trading Rules, please contact FFUNDED at [email protected].