Description of the Funding Test in FundedPlus
Objective of the Test
The main purpose of the funded test is to assess whether the trader can trade profitably and consistently under certain risk rules and specific objectives. Only traders who successfully pass this assessment will be granted access to a funded account.Duration and Profit Target
The trial has a flexible duration, allowing the trader to trade at his or her own pace, but must meet a cumulative profit target of 10% on the initial account balance. This target allows the trader's ability to generate sustainable profits to be measured before obtaining additional capital.Daily and Maximum Loss Limit
To maintain risk control, FundedPlus sets a daily loss limit of 4% and a maximum loss limit of 8% . Failure to comply with these limits results in disqualification from the test, as these parameters help ensure that the trader operates responsibly.Minimum Days of Operation Requirement
To complete the evaluation, the trader must trade for at least 10 days . This requirement ensures that performance is based on a consistent strategy and not a streak of good luck, providing a more accurate assessment of performance under various market conditions.Ban on High Risk Strategies
During the funded test, high-risk strategies such as martingale, aggressive hedging or unauthorized automated techniques are not permitted. FundedPlus encourages a prudent and controlled trading approach, which minimizes the risk of significant losses.Results and Funded Account
Upon successful completion of the funded test, the trader advances to a funded account, where he or she will trade with real capital provided by FundedPlus. In this account, profits are split according to agreed terms, and the trader must continue to abide by the risk rules.
We as a company do not provide investment advice or counseling, we only offer a safe environment to put your skills into practice and get rewarded.