Funding Talent Official Rules & Guidelines

Hello traders! Welcome to the rules & guidelines section of our website. Please be sure and have a read through all of the rules to ensure the program is a good fit for you.

Before getting into the rules, we want to ensure you know that our guidelines are here to make you better traders and also to ensure we are scouting real trading talent.

Kindly watch the following video which explains our max loss parameters. You can find a written version of this along with the rest of our rules below the video.

Number of Trading Days

You must enter at least one trade per day for 12 days out of each month. For example, from January 1st – 31st, you must enter a new trade on at least 12 separate days. Trading days do not need to be consecutive and there is no maximum amount of trades, as long as you do not exceed your risk (see below). If the 12 day trading minimum is not met you will not be dispersed any profits at the end of your trading cycle and your account will also be reset to the starting balance. Your account will not be reset to the starting balance if you were not in profit at the end of the trading cycle. Only executed trades count towards your trading days.

From Sunday to Friday, traders should place at least one trade on 3 separate trading days. For example, you could place a trade on Monday, Thursday and Friday. You can choose whichever days that best suit you.

For the purpose of our program, a new trading day begins at 1200AM of the timezone associated with your broker.

If you sign up midweek, you do not need to place 3 trades that particular week. This rule only applies on FULL weeks that you are enrolled with us.

Daily Loss

$25K Account – You will have a max daily loss (or drawdown including floating profits/losses) of $1250 on your account, and a max OVERALL loss (or drawdown including floating profits/losses) of $2500 on your account. This will be monitored strictly and if broken will result in account suspension. Risk management is of utmost importance. A video breakdown of these risk parameters will be given upon sign up.

$100K Account – You will have a max daily loss (or drawdown including floating profits/losses) of $5000 on your account, and a max OVERALL loss (or drawdown including floating profits/losses) of $10,000 on your account. This will be monitored strictly and if broken will result in account suspension. Risk management is of utmost importance. A video breakdown of these risk parameters will be given upon sign up.

This shows us that you are capable of controlling risk and trading on a professional level.

Consistency

Funding Talent members should display consistent risk throughout their trading month. We do not limit your risk, leverage, or lot size. For this reason, you are expected to use consistent risk throughout your trading month.

What exactly does this mean? We ask our clients to stick to the following guidelines:

● Traders should use consistent risk each day. We do not look at slight differences in risk, only large changes.

● Traders should use a consistent trading style throughout their trading month. You may also choose to use multiple styles, but if so this would also need to be consistent throughout the month.

● Traders should not increase their risk drastically at any point (this includes when scaling into a position or possible opportunity).

● Here are some examples of trading behaviour that we would deem inconsistent:

  • Doubling risk one day to the next
  • Using sporadic risk all throughout the trading month
  • Using excessive risk one particular day
  • Swing trading all throughout the month and then aggressively scalping one day near the end
  • Changing your number of positions excessively day to day
  • The above are just examples for your reference. These are not the only situations that could result in this rule being violated. You can always ask our team if you need further clarification on what is or is not acceptable. 

Traders must continue trading even if their account has experienced unrealized profit. This means that you are not allowed to abruptly stop trading once you are into profit (even if you do hit the 12 day minimum). This is viewed as inappropriate trading behaviour. You must continue trading as per your normal trading routine.

To ensure you never have any issues with your trading style, you can always send us your trading plan ahead of time and we can review and make suggestions where needed.
This rule does not apply to the live account, only the demo account as this is where we gauge each trader’s skill.

What happens if we find inconsistency?

You still receive your Talent Bonus, however is it added to your live account earnings instead of being paid out cash. We don’t penalize you for this, we simply need more time to assess your trading skill.

Trading Behaviour

There is no gambling type of behaviour permitted in this program. Funding Talent is designed to help traders refine their strategies while also being rewarded for being successful. Our main objective is to find talent. If we notice any large increases in lot sizes or other changes that result in substantial risk we reserve the right to suspend payout. This only applies to traders taking excessive risk and displaying behaviour that does not line up with the rest of their trades.

Please see the above rule regarding consistency for further explanation.

Trading Styles

To be clear, you are allowed to use a mixture of scalping trades, swing trades, etc. as long as you are consistently doing so. There are no rules on trading styles. The above reference to drastic changes in lot sizes refers to major discrepancies in lot size, risk percentage and duration of trades. 

Trading Options

You are allowed to trade forex pairs, indices, metals and crypto. Please do not trade anything outside of this list. If this does occur, it will cause issues for our tracking software and your payout will be suspended.

Losses

As this is a simulated account, you are not responsible (nor is there a penalty) for any losses.

Login Details

You are not to change your login details for any reason. Should you change your password or any other details on this account, it will result in immediate account termination.

Adding Funds

You may not, at any point in time, update your account balance. This will not be tolerated under ANY circumstance. This will be flagged and your account with us will be terminated.

EAs and Bots

Members are not permitted to use expert advisors or bots on the demo account they are using to trade with in the program.

Monitoring Accounts

We do not monitor each trader’s account 24/7. Should you break a rule, our system automatically flags us and at the end of the trading month we complete a manual review. Should you want an update on your accounts status you can contact support@forextips101.com and we will get back to you as soon as possible with an update.

Trading Options

You are allowed to trade forex pairs, indices, metals and crypto. Please do not trade anything outside of this list. If this does occur, it will cause issues for our tracking software and your payout will be suspended.

Bi-Weekly Talent Bonus

Your talent bonus will be paid out two weeks after your first trading day, and again one month after your first trading day. We consider your first trading day your sign up date, even if you do not place a trade on that day. You will receive 10% of all profits made on the account. The account balance does not reset until the end of the month. You will be connected within 24 hours before your payout. You should get in touch with us via email (support@forextips101.com) and let us know which payout method you prefer.

You may continue trading your demo account and earning your talent bonus, even once you’ve accessed your real account.

Your monthly funded earnings are calculated based on all profits you make on your account up to 5% of the original account balance. These will be automatically added to a real account for you. You will receive access to this account once the balance reaches $15K (or $3750 for $25K account members).

This balance does not reset if you break a rule. Your funded earnings will always remain in the real account for you to trade, as long as you remain a member with us.

You can withdraw all profits made on this account at any time, and as often as you wish. We will keep 25% of these profits.

If you decide to leave Funding Talent, you may withdraw any profits from the account but you cannot touch the balance.

You may keep trading your demo account and we will continue to add your Funded Earnings (up to 5% of the original balance) monthly. As long as you remain profitable, your balance will continue to grow. This is the beauty of your program as you can compound and scale your account!

If you should violate the 10% drawdown rule, you will temporarily lose access to the real account. You may access your real account again once you have built up the balance to the initial deposit amount.

Payouts

Payouts will begin two weeks (14 days) after your date of sign up.

Fees

25k Account Monthly Fee

There is a $75 monthly fee to keep your account open and membership valid. This amount will be due at the end of each trading month. The first payment is due one month after the opening of your account. This fee is not automatically charged to your payout method, you will be emailed with an invoice prior to the fee being due. You can also have the $75 monthly fee deducted from any profit that you are due to be paid out for that month. If you choose not to pay the fee, your account with us will be terminated. The monthly fee must be received within 5 business days of the due date.

100k Account Monthly Fee

There is a $250 monthly fee to keep your account open and membership valid. This amount will be due at the end of each trading month. The first payment is due one month after the opening of your account. This fee is not automatically charged to your payout method, you will be emailed prior to the fee being due. You can also have the $250 monthly fee deducted from any profit that you are due to be paid out for that month. If you choose not to pay the fee, your account with us will be terminated. The monthly fee must be received within 5 business days of the due date.

25k Account Top Up

If you wish to top your account balance at the end of the month, you can do so for $35 USD assuming you have followed all rules. This will be in addition to your monthly fee and you will only be given this option at the end of your trading month.

100k Account Top Up

If you wish to top up your account balance at the end of the month, you can do so for $140 USD assuming you have followed all rules. This will be in addition to your monthly fee and you will only be given this option at the end of your trading month.

25k Account Violations

If you should violate the 5% drawdown rule but wish to remain in the program, we have a discounted fee of $100 to get back into the program. If you should violate the 10% drawdown rule but wish to remain in the program, we have a discounted fee of $125 to get back into the program.

100k Account Violations

If you should violate the 5% drawdown rule but wish to remain in the program, we have a discounted fee of $400 to get back into the program. If you should violate the 10% drawdown rule but wish to remain in the program, we have a discounted fee of $500 to get back into the program.

Trading Options

You are allowed to trade forex pairs, indices, metals and crypto. Please do not trade anything outside of this list. If this does occur, it will cause issues for our tracking software and your payout will be suspended.

Please make sure you all read through and understand the rules. It is your responsibility to understand and implement them. It’s especially important to understand the risk management portion. Remember if you have any questions at all our team is available on the chat portion of our website Monday – Friday.

Please note that this agreement is subject to change at any time.We reserve the right to terminate your account at any given time if we feel you are exhibiting behaviour not in line with our guidelines.

Reminder: these are not “investment” earnings, as the account you are trading is simulated.