Three Step Overview – The Funded Factory

What are the trading rules for step funding ?

Rule Area	Step 1	Step 2	Step 3	Funded	Notes
Profit Target	5%	5%	5%	-	Funded account has no profit limit
Daily Loss Limit	-	-	-	-	There is no daily loss
Max Drawdown	5%	5%	5%	5%	Equity-based, does not trail (Hard Breach)
Leverage	1:20	1:20	1:20	1:20
Inactivity Period	30 Days	30 Days	30 Days	30 Days	Must place trade (Hard Breach)
Flat for Weekend	Yes	Yes	Yes	Yes	All positions closed on Friday 3:45pm (Soft Breach)
Max Time	-	-	-	-	No Max Time requirements

Max Positions: Max open positions (lots) must not exceed 1/3333th the size of the Assessment account (soft breach); for example, a $10,000 account could have 3 lots open at once.

Available at purchase

1. Hold Over Weekend (10% Cost) - Point-of-Sale add-on that disables “Flat for Weekend” requirement; this allows traders to keep positions open over the weekend. Only crypto can be traded over the weekend.

2. Profit Share Increased to 90% (20% Cost) – Point-of-Sale add-on that increases a trader’s potential profit share for funded accounts to 90% (up from the standard 75%) of the profit.

Trading rules |frequently asked questions (faq):

• Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Assessment or Funded Account.

• Hard breach means that you violated either the Daily Loss Limit or Max Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded Account taken away

The three-step program does not have a daily loss.

Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Maximum Drawdown is set at 5% of your starting balance. This 5% is static and does not trail.

Positions on crypto can be held over the weekend. We require all trades on other assets to be closed by 3:45pm EST on Friday. Any trades left open after this time will automatically be closed prior to market closing. Note, this is only a soft breach and you will be able to continue trading once the markets reopen.

● Forex - 1 lot = $100k notional

● Index - 1 lot = 1 Contracts

● Exceptions

SPX500: 1 lot = 10 contracts
JPN225: 1 lot = 500 contracts

● Cryptos - 1 lot = 1 coin

● Silver - 1 lot = 5000 ounces

● Gold - 1 lot = 100 ounces

● Oil - 1 lot = 100 barrels

Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your account will be breached.

Funded accounts | frequently asked questions (faq):

Upon passing your Assessment, you will receive an email with instructions on how to access and complete both your “Know Your Customer” verification and your “Trader Agreement”. Once both are completed and supporting documentation is provided, your Funded Account will be created, funded and issued to you typically within 24-48 business hours. You will receive a confirmation email once this account is being enabled.

Once you pass the Assessment, we provide you with a funded account, backed by our capital. The capital in your funded Account is notional and may not match the amount of capital on deposit with the Liquidity Provider. A Funded Account is notionally funded when actual funds in the account (i.e., the equity in a Funded Account represented by the amount of capital) differs from the nominal account size (i.e., the size of the Funded Account that establishes the initial account value and level of trading). Notional funds are the difference between nominal account size and actual capital in a Funded Account.

Use of notional funding does not impact your trading conditions in any way.

No. We do not have any control over pricing from the liquidity provider or on the executions on your trades.

For purposes of managing risk and minimizing transaction costs, we may offset or negate market risk and act as the direct counterparty to certain trades initiated in the Account. Such trades are executed at prices provided by arm’s length third parties. This framework is intended to ensure you receive real market execution on your trades, while simultaneously allowing us to manage risk dynamically by routing existing positions or future orders to third parties for execution as we deem appropriate. We believe that such real market execution and dynamic risk management would not be possible or as cost-effective if trades were executed in simulated accounts. Regardless of whether we act as counterparty to your trades, the gain or loss on your funded account is not calculated differently. However, when we act as the counterparty to your trades, there is an inherent potential conflict of interest because your trades do not result in net gain or loss to us, as your trades would if we were not the direct counterparty.

The maximum position that you may open is determined by your available margin. We reserve the right to increase the margin requirement, limit the number of open positions you may enter or maintain in the Funded Account at any time, and to revise in response to market conditions the drawdown levels at which trading in the funded account will be halted. We or the Liquidity Provider reserve the right to refuse to accept any order.

The rules for the Funded Account are exactly the same as your assessment account. However, with a Funded Account, there is no profit target.

If you have gains in your Funded Account at the time of a hard breach, you will still receive your portion of those gains.

For example, if you have a $100,000 account and you grow that account to $110,000. Should you then have a hard breach we would close the account. Of the $10,000 in gains in your Funded Account, you would be paid your portion thereof.

Traders can request a withdrawal of the gains in their funded account at any time in their trader dashboard, but no more frequently than once per thirty (30) days. So, if you make gain in your funded account, you can request a withdrawal. When you are ready to withdraw the gains from your funded account, click the Withdraw Profits button in your trader dashboard and enter the amount to withdraw. All such gains are distributed via the available outbound payment solutions offered from time to time. Once your withdrawal request is approved, we will pay the monies owed to you. We reserve the right to change the withdrawal methods and options at any time.

Your first withdrawal can be requested at any time. Thereafter, you can request a withdrawal of the gains in your account every 30 days. When a withdrawal is approved, we will also withdraw our share of the gains, and your max drawdown will lock in at your starting balance. The Maximum Drawdown does not reset when you request a withdrawal. Example: You have taken an account from $100,000 to $120,000. You then request a withdrawal of $16,000. In this scenario, you will receive $12,000 and we would retain $4,000. This would also take the balance of the account down to $104,000, and your Maximum Drawdown is locked in at $100,000. So, you would have $4,000 maximum you could lose on the account before it would violate the Maximum Drawdown rule. If you take a full withdrawal of the gains in your Funded Account, the Maximum Drawdown will still lock in at the starting balance and will therefore result in the forfeiting of your Funded Account, as your balance will trigger the Maximum Drawdown breach rule.

What are the trading rules for step funding ?

Available at purchase

Trading rules |frequently asked questions (faq):

Funded accounts | frequently asked questions (faq):

Other general questions:

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