Understand everything from platform options and KYC to account merging, inactivity limits, and scaling plans at Funded Trader Markets.
A reset allows a trader who has breached their account (e.g., by hitting the Daily or Overall Loss Limit) to restore the account to its original balance and start again.
Example:
If you have a $100,000 account and breach the 3% Daily Drawdown Limit, you can reset the account from your Dashboard for a fee. After the reset, the account returns to its original $100,000 starting balance, and you continue trading under the same rules.
The following account types include a reset feature, with their specific conditions listed below:
1. 1-Step Nitro X (Evaluation Phase)
2. 1-Step Nitro X (Funded Phase)
3. Instant Standard
Giveaway accounts provided by Funded Trader Markets must be claimed within 30 days of being awarded.
If the account is not claimed within the 30-day period, the giveaway will be considered void and the account will no longer be valid.
Important Note: The 30-day claim period begins from the date the giveaway result is announced
The Margin Call rule applies to all types of Programs/Accounts
Here are the specific margin rules for all Evaluation and Simulated Funded Accounts at Funded Trader Markets:
Margin Call Level – 110%
When your margin level reaches 110%, a Margin Call is activated. At this point, you will be restricted from opening new trades. This serves as an early warning, indicating that your open positions are approaching a critical risk level.
Stop Out Level – 100%
If the margin level falls to 100% or below, a Stop Out is initiated. During a Stop Out, all open positions will be closed, however, your account will not be breached
To prevent a margin call/stop out, it is crucial to manage your used and available margin effectively
How Is The Margin Level Calculated?
Margin Level % = (Equity / Margin Used) * 100
Important Notes:
Risk Management: Use effective risk management strategies that suit your trading style and set stop losses to avoid margin calls on your account.
Margin Availability: The available margin depends on the current balance of your account, plus the equity of the trade level. Margin % increases when in profit, and decreases when in drawdown.
For more clarity on margin rule if needed, feel free to contact support via the website or email support@fundedtradermarkets.com
Yes, after registering your account as an individual, you can switch an account under your company name by providing additional documents along with your KYC that confirms your ownership share in the company.
Upon receiving a Simulated Funded account at Funded Trader Markets, you must upload the necessary documents for KYC verification. All Simulated Funded Accounts will remain in READ-ONLY mode until the KYC process is complete.
Proof of Identity (provide one of the following):
Valid Passport
National ID Card
Driver’s License (Only US, UK, Australia or Canada residents/citizens are allowed this, other countries must use either a Passport or a National ID Card as proof of identity)
Proof of Address (provide one of the following):
Bank Statements,
Utility Bills (not older than 2 months),
Internet/Cable TV/House Phone Line Bills,
Tax Returns,
Council Tax Bills,
Government-issued certifications of Residence
Documents Not Accepted:
Screenshots,
Mobile Phone Bills,
Medical Bills,
Receipts for Purchases,
Insurance Statements
Additional Notes:
Funded Trader Markets is not responsible for your account(s) getting hacked, it is your responsibility to protect your account credentials at all costs.
Please ensure your account credentials are kept safe from anyone to prevent such an event from happening.
We will not reinstate accounts that have been exposed, shared with a third party, or lost due to hacking.
Immediate Action: If you suspect your account has been compromised, contact our team immediately and we will happily help to change your password to secure your simulated trading account.
Important Note: Account reinstatements are not considered. It is essential to contact us as soon as possible if you suspect any unauthorized access to your account.
All FTM account types and sizes have the same leverage and they are as follows:
Forex: 1:100
Metals and Energies: 1:30
Indices: 1:30
Other Cryptocurrencies: 1:2
Bitcoin & Ethereum: 1:5
Please note: The leverage remains the same across Evaluation and Simulated Funded Accounts.
Yes, you can switch the platform of your account, subject to the following conditions:
No Trades Placed:
The account has not placed any trades.
Evaluation Phase Switch:
If the account is in the evaluation phase of any program, it can be switched upon moving to the next phase, provided no trades have been placed in the new phase.
Return to Initial Balance:
The account has returned to the initial balance after a withdrawal request.
Note: Instant Plus as well as 1-Step Simulated Funded Accounts must be absolutely untraded to be eligible for a platform switch. It is not allowed to switch them after a performance reward. Only requests for fresh accounts where no deal is placed will be accepted for a platform switch.
Funded Trader Markets currently offers C-Trader, Trade-Locker, Match-Trader and MetaTrader-5. You can select your preferred platform before making a purchase.
MatchTrader utilizes advanced charting tools powered by TradingView offering unparalleled insights for technical analysis of EURUSD and many other currency pairs.
30-Day Inactivity Policy at Funded Trader Markets, the firm guideline stating that if there’s no activity being made in your account for 30 consecutive calendar days, an email will be sent out as a violation breach of contract.
The purpose of this policy is to ensure maximal resources are utilized and uphold excellent service to all our respectful clients. By implementing restrictive measures towards all inactive accounts, therefore Funded Trader Markets has the right to automatically terminate the simulated trading account for all phases.
Exceptions:
Recognizing that vacations/Holidays, or life events may occur for 30 days, can disrupt trading activities. Funded Trader Markets offers flexibility. If clients notify advance notice of planned absences, exceptions to the 30-day inactivity rule may be granted, preferably ahead of time if not tragic.
In essence, the 30-day inactivity policy allows Funded Trader Markets to manage resources efficiently while accommodating clients who may experience temporary periods of inactivity due to personal reasons.