funded accounts for skilled traders
Summary:
Fibonacci Forex presents an excellent funding opportunity for professional traders. To qualify for funding, traders must complete two main challenges. Upon successfully passing both challenges, Fibonacci will provide the trader with the same amount of capital they demonstrated during the challenges, allowing them to trade with it. This program is tailored for traders who aim to enhance their skills in the Forex market and gain access to capital for profit generation.
Fibonacci Forex Challenges
Limited Plan
Unlimited Plan
General Rules
1. Tradeable Instruments:
- All Forex currency pairs
- Stocks
- Indices
- Metals
2. Challenge Duration:
- For two-stage accounts:
- Stage 1: 40 days
- Stage 2: 50 days
3. Minimum Trading Days:
- For limited and unlimited plans: 5 trading days
4. After Passing the Challenges:
- After completing each stage, submit a request to support.
- After expert account analysis, you will receive your real account.
- Ensure all open positions are closed before the expiry of time-limited accounts. Open positions after the time limit are not acceptable.
5. Daily Drawdown:
- The rules have been violated if the account's equity exceeds the specified limit.
- The daily drawdown limit is 5% of the initial balance at the start of the day, based on the broker's zero hours in MetaTrader (right-click, settings tab "Show," and select "Show period separators").
6. Identity Verification:
After passing the challenges in the identity verification section of the website, submit a valid identification document (such as a passport, national ID card, or birth certificate).
- The registration information on the site must match the identity verification documents.
7. Hedging and Martingale:
- Martingale is allowed, but hedging is not permitted. Accounts will be taken from you if observed, and the purchase amount will not be refunded.
8. Copy Trading:
- Copy trading between accounts is not allowed.
- Using robots in the source account is against the rules and constitutes a violation.
9. System Fraud:
- Using any expert advisors, indicators, scripts, etc., that cause disruption or lag on the broker's servers or lead to incorrect price displays (intentionally or accidentally) constitutes a violation of the rules, and no funds will be refunded.
- Exploiting the absence of slippage in demo accounts and profiting from it is against the rules.
10. Fast Scalping:
- Trades of less than three minutes are not acceptable.
11. Holding Positions:
- You can hold positions over the weekend and at the end of each day.
12. Trading During News Events:
- In the STP Trading broker, trading is prohibited 5 minutes before and 5 minutes after important (red) news. If a position is opened, your profit will not be considered, but your loss will be calculated.
- The reference site for checking important news is Forex Factory.
13. Refund:
In time-limited two-stage plans, 20% of the payment will be refunded after receiving the real account and 100% after the first withdrawal.
- For unlimited time plans, 100% of the deposited amount will be refunded upon the first withdrawal.
14. Profit Withdrawal:
- A ticket request for profit withdrawal must be submitted on the 14th and 15th and the 28th and 29th of the month.
- The first withdrawal must be at least 20 calendar days after the first trade on the real account, and at least ten trading days must have passed in this withdrawal period.
15. Profit Sharing:
- In limited-time plans, the first withdrawal will occur 20 days after the first position in the real account, paying 75% of the profit, and from the tenth withdrawal onward, 85% of the profit will be paid.
- In unlimited-time plans, 65% will be paid until the third withdrawal, and from the fourth withdrawal onward, 75% will be paid.
16. Number of Accounts Purchase:
- There is no limit on the number of challenge purchases.
- Accounts can be merged into the real account.
17. Changing MetaTrader Password:
- Changing the password is against the rules and, if done, constitutes a violation.
18. Arbitrage:
- Any arbitrage between individual accounts or accounts of different individuals is prohibited and will be monitored. If done, the account will be taken from you, and your funds and profits will not be refunded.
19. Expert Advisors and Robots:
- The use of robots is prohibited.
- The use of any scalping or arbitrage robots is not allowed.
20. Maximum Time to Start the Challenge:
- After purchasing any plan, you have 30 calendar days to start the challenge; otherwise, your challenge will be forfeited, and no funds will be refunded.
21. Cost After Receiving the Real Account:
- No costs will be incurred after receiving the real account.
22. Gambling Transactions:
- You cannot obtain more than 50% of the target with one or several simultaneous high-volume positions to pass challenges or gain profits in the real account. This action violates risk management rules, and the trader challenge account will not be accepted for passing challenges or profit payouts.
23. Compliance with Rules:
- Besides adhering to the 5% daily drawdown, the trader must not lose more than 1.5% of the account in one or several simultaneous positions (whether account balance or equity).
The basis for calculating this 1.5% is the balance before taking positions. For example, for a $35,000 challenge with a $35,000 balance, the trader must not trade so that either the balance or equity exceeds a loss of $525.
If this occurs, it will violate the rules and result in the loss of the challenge or real account.
To purchase a funded account, send an ID document, your phone number, and email to this Telegram ID