You must achieve a 10% profit target to pass the challenge without breaking any rules.
The overall max drawdown limit is 6% while the daily max drawdown limit is 3%.
You must trade on at least 5 separate days to complete each stage of evaluation, however there’s no upper limit on trading days.
No single trade can exceed 30% of the profit target in a Challenge Account or the requested payout amount in a Real Account.
A minimum 1% profit is required to apply for payout and you can get up to 100% profit share from the third month onwards.
At FundedSkill, you are allowed to place multiple trades on the same pair; however, how they are classified depends on the time gap between them. To treat trades as separate orders, there must be at least a three-minute gap.
The 3% daily drawdown is based only on one thing: the highest value between your starting balance and your starting equity at market open. Once that number is set for the day, it does not change, even if you make profits while trading.
A breach happens the moment your equity dips below that 3% buffer, whether the drop comes from a floating loss or a closed loss.
Example using a GBP/JPY position:
You begin the session with $5000 in both balance and equity.
3% of $5000 is $150, which means your equity must stay above $4850 for the entire trading day.
You start with a $5100 balance, and your open GBP/JPY trade is showing a $100 unrealized gain.
That makes your starting equity $5200.
3% of $5200 is $156, so your minimum allowed equity for the day becomes $5044.
Profits made during the day won’t give you a wider buffer; only your starting numbers decide the limit.
This rule applies only to trades within the same pair. If you place trades on different pairs, they will be considered separate positions regardless of the time difference.
This guideline is maintained by FundedSkill to ensure accurate trade monitoring and proper risk management.
1. Copy trading is completely allowed, feel free to use your favorite strategies.
2. EA (Expert Advisors) are also allowed.
3. If you need a break, you can request to freeze your account for any period between 1 day and 3 months to avoid termination.
4. The Daily Loss (DL) and any position must not exceed 3% of the account balance to manage risk effectively. If it does, it will be treated as a rule violation.
Note: Account size $ are indicative, and your account will be automatically terminated if rules are violated.
We provide 1:100 leverage for Forex, Metals, Energies, and Indices, and 1:50 leverage for Crypto.
You are free to trade during high-impact news events without any restrictions.
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Hedging is restricted to promote disciplined trading and maintain a structured risk approach.
You can hold positions overnight and over the weekend without any restrictions.
