We only allow traders to register a single profile with 49 Funded. Creating multiple profiles, including using different email addresses for the same person, is not permitted and could affect your ability to become a funded trader or participate in our competitions. Maintaining one account ensures compliance with our policies and provides a fair trading environment for all participants. If you have any questions about this, please feel free to contact our support team via live chat or email: [email protected].
Yes, you can copy trades between your 49 Funded accounts and to other accounts on our platform. However, if you wish to copy trades from other accounts to your 49 Funded accounts, you are required to provide us with a copy of the master trading account statement in HTML format before you can start copy trading. Copying trades from a third party is a violation of our terms and conditions.
Yes, you are allowed to trade during news events. However, we recommend careful risk management as news events can cause significant market volatility, which may increase the risk of large drawdowns or hitting the maximum daily loss limit or the overall drawdown limit.
Yes, you are allowed to trade during news events. However, we recommend careful risk management as news events can cause significant market volatility, which may increase the risk of large drawdowns or hitting the maximum daily loss limit or the overall drawdown limit.
Yes, you can hold positions overnight and over the weekend. We do not impose restrictions on holding trades open during these periods. However, please ensure you manage your risk, as the markets can be more volatile when reopening after weekends or holidays.
If you exceed the maximum drawdown limit, your account will be considered in violation of our risk management rules, and the account will be closed. You will need to follow the guidelines for reapplying if you wish to continue trading.
Unfortunately, If you are unable to complete our Know your Customer (KYC) process we will not be able to continue to provide our services. These measures are essential to ensuring the highest standards of security and compliance, protecting all our clients, and maintaining the integrity of our services.
When you achieve a funded account the same rules will apply as the challenge account except there is no profit target! Please note that Phase 1 and 2 Phase challenge accounts have different parameters and drawdown rules. Please select the appropriate plan depending on your trading strategy.
Yes, If you do not place a trade at least once every 30 days you will forfeit your account.
If you hit the profit target early, you can continue trading until the end of the evaluation period or submit a request for evaluation completion. For funded traders, you can request your payout as soon as you meet the payout eligibility criteria.
No, we allow the use of expert advisors (EAs) and automated trading strategies as long as they comply with our risk management rules. However, strategies involving latency arbitrage, High frequency trading or other forms of exploitative trading are strictly prohibited.
Unfortunately, challenge fees are non-refundable, as they cover the costs associated with providing the platform, account, and support for your trading. We recommend carefully managing your risk to maximize your chances of passing.
No, 49 Funded does not charge any monthly fees or impose hidden charges on funded accounts. The only cost is the initial challenge fee, which grants you access to the evaluation process and potential funded trading opportunities.
The trailing drawdown on a 1-phase challenge is a dynamic risk limit that follows your highest achieved balance during the challenge. As your account grows in profit, the drawdown threshold moves accordingly, but it will never recede once it has hit its maximum allowable value. If your equity falls below the trailing drawdown limit, your challenge will be considered failed.
The static drawdown on a 2-phase challenge is a fixed risk limit that does not change as your account grows in profit. It remains at the same level throughout both phases of the challenge. This gives traders more flexibility because the drawdown threshold doesn’t trail behind the account balance. However, you must still maintain risk discipline to avoid breaching the static drawdown limit.
1 phase challenge accounts 10% Profit Target 5% max daily drawdown 8% max drawdown 2 phase challenge accounts 10% Profit Target phase 1 5% Profit Target phase 2 5% max daily drawdown 8% max drawdown
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