Trading Rules

Every challenge uses a fixed, transparent limit set. Nothing is negotiated.

USD figures are approximate, at 1 AUD ≈ 0.65 USD, for easy comparison with US-based prop firms. All accounting is in Australian dollars.

The max-drawdown limit trails your account's highest achieved balance. As your equity makes new highs, the drawdown floor moves up with it. Once your balance passes the starting balance plus the profit target, the drawdown floor locks at your starting balance and no longer trails.

Example ($100K challenge, $4,600 (≈ US$2,990) max drawdown): your best balance so far is $102,000 (≈ US$66,300). Your drawdown floor is $97,400 (≈ US$63,310). If floating or realised equity touches that number, the account fails immediately.

Measured from the start-of-day balance (00:00 UTC) against your live equity, including floating P&L. Hitting the limit does not fail your account. Open positions are closed, resting orders are cancelled and trading is locked for the rest of the session. You resume trading at the next daily reset with the account intact.

Only the trailing maximum drawdown can fail an account.

Reach the target closed profit above your starting balance. Floating profit does not count — a position must be closed for its P&L to apply toward the target.

There is no time limit and no monthly fee, so you can take as long as you need. A minimum of 1 trading day applies, plus the 50% consistency rule (no single day may make up more than half of your total profit).

Once the target is met, we move you to the funded phase automatically — there is no activation fee.

Trading is available on our supported symbols (Gold, BTC, ETH, S&P 500, Nasdaq, Dow, EUR/USD, GBP/JPY, WTI). Market hours match the underlying venue; positions cannot be opened outside those hours. Orders may fill outside your quoted price during illiquid periods; slippage applies.

The following behaviours will fail an account and forfeit any pending payouts:

• HFT / scalping abuse. Round-turns held under two seconds, systematically, are treated as latency exploitation.
• Latency arbitrage. Attempting to trade on stale prices — including via bots that predict incoming price updates.
• Two-account hedging. Opposing positions in the same symbol across two FundedA accounts (yours or a coordinated group).
• Copy trading across accounts you do not personally control.
• Account sharing. One profile, one trader.

Where a strategy is disallowed, the risk engine flags the account and blocks payouts pending review.

You can set a personal daily loss limit, personal daily profit target, contract-size cap, symbol block-list and a lockout window from your account settings. These sit inside the firm-wide rules and are enforced automatically.

Once funded, you keep 90% of simulated profits. Payouts can be requested once every 14 days, subject to a minimum of A$100 of realised profit since your last payout. All payouts are reviewed by our operations team and settled via bank transfer, typically within 1–2 business days of approval. A tax-compliant RCTI (recipient created tax invoice) is issued for every payout.

This page is a plain-language summary. Where its wording differs from the customer agreement you accept at sign-up, the customer agreement is the governing document. Nothing on this page excludes any rights you have under Australian Consumer Law — see our refund policy for details.

FundedA Pty Ltd · ABN 40 671 542 617