Frequently Asked
Questions
The
Challenges
How do I start my first Challenge?
Choose the Trading Challenge that suits you from the options on our website. Once you’ve decided, sign up to begin your journey.
How do I pass my Challenge?
To pass, meet the Profit Target while staying within the daily drawdown and total maximum loss limits.
What is 'Profit Target' ?
The Profit Target is the amount you need to earn to pass your Challenge. It’s a percentage of your starting balance. For example, with a $10,000 account and a 10% target, you’ll need to make $1,000 in profit.
What is 'Maximum Daily Loss'?
This is the most you can lose in a day, based on your account’s Equity at market open (22:00 UTC). For example, with a 5% limit and $15,000 Equity, your daily loss limit is $750.
What is 'Maximum Drawdown'?
Maximum Drawdown is the total loss you’re allowed during the Challenge, based on your starting balance. For example, with a 10% drawdown limit on a $10,000 account, you cannot lose more than $1,000 overall.
What is 'Minimum Trading Days'
This is the minimum number of days you must trade before reaching the Profit Target. For example, if the requirement is 3 days, you need to place trades on at least 3 separate days, which don’t need to be consecutive.
What Leverage used?
One-phase Challenges have a maximum leverage of 1:50, while two-phase Challenges allow up to 1:100. Please note that leverage restrictions apply on exotic pairs and cryptocurrencies, which are restricted to 1:50 and 1:20 respectively.
Is there a time limit on completing the challenge?
No, there’s no time limit to complete your Challenge.
What happens if I don't start my Challenge?
If you don’t start within 12 months, your account may be disabled. Contact us at support@fundedfast.com to reactivate it.
Can I reset my Challenge?
Challenges cannot be reset once activated. However, you can upgrade your Challenge before activation by contacting support@fundedfast.com.
Can I trade on more than one Challenge at a time?
Yes! The amount of active Challenges you can have is unlimited.
How quickly do I get my Challenge?
Your Challenge starts immediately after payment is completed.
What is the difference between a One-Phase and Two-Phase Challenge?
One-phase Challenges require passing a single stage, while two-phase Challenges have two stages but offer higher rewards on funded accounts.
What happens when I pass Phase One of a Two-Phase Challenge?
Once you pass Phase One, Phase Two is unlocked. After passing Phase Two, submit your verification documents to proceed to the Funded Phase.
What happens when I pass my Challenge?
Once you pass, submit your KYC documents for verification. After approval from our risk team, your Funded Account will be available on your Trading Platform.
What happens if I fail the Challenge?
If the Challenge conditions are breached, you’ll be notified in your Trading Platform. Don’t worry—setbacks happen! You can start a new Challenge anytime.
Am I trading on a demo or real account?
All trading with FundedFast is done using virtual funds on demo accounts.
I have passed my challenge, but the 'Progress to next Phase' button is greyed out/unavailable. What should I do?
This is usually because you have open positions on the account, Make sure they are all closed, and the ‘Progress to Next Phase’ button should then become available.
What is the Profit Distribution Rule?
To promote balanced performance and consistent trading behavior, your most profitable trading day must not account for more than 50% of your total profits during the challenge. This rule helps ensure that success is achieved through consistent performance rather than relying on a single lucky trade or risky, all-in strategies.
Example: If your total profit at the end of the challenge is $1,000, your highest-profit trading day should not exceed $500 in profits. For instance, if you made $400 on your highest-profit day and $600 across other days, you meet the performance balance rule. However, if you made $600 on your best day, it would violate the rule.
The Funded Account
How do I get a funded account?
After passing the final stage of your Trading Challenge, upload your KYC documents for verification. Once approved, submit a request in the Prop Dashboard on the trading platform. Our risk team will evaluate and approve your request, and your Funded Phase will be automatically activated.
How much of the profit is mine?
The profit split is 80/20 on all Challenges, unless stated otherwise.
What are the trading rules on the funded account?
The same conditions from your Trading Challenge (e.g., maximum daily drawdown and max loss) apply to your Funded Account. Additionally, you must follow the ‘Prohibited Trading Practices’ outlined in our Terms and Conditions.
Can I scale my account?
Account scaling is not currently available but will be introduced soon.
Do I trade with real funds?
No, all trading with FundedFast uses virtual funds.
How long can I keep my funded account?
As long as you stay within the conditions, your funded account won’t expire, and you can continue earning indefinitely.
Trading
Which instruments are available for trading?
We offer a wide range of trading instruments, including forex, commodities, precious metals, indices, and cryptocurrencies.
Is commission charged on my trades?
No, we don’t charge commissions on any trades.
What is the maximum number of open positions I can have?
You can have up to 200 open orders at any one time on the Trading Platform.
What is the leverage?
One-phase Challenges have a maximum leverage of 1:50, while two-phase Challenges allow up to 1:100. Please note that leverage restrictions apply on exotic pairs and cryptocurrencies, which are restricted to 1:50 and 1:20 respectively.
Can I use Stop Loss and Take Profit orders?
Yes, both Stop Loss and Take Profit orders are supported on the Trading Platform.
Can I use Pending Orders?
Yes, our Trading Platform supports pending orders.
Do you allow scalping?
Yes, scalping is allowed. Please review our ‘Prohibited Trading Practices’ to ensure your strategies stay within acceptable limits.
Can I trade the news?
Yes, news trading is allowed. However, trades opened within 10 minutes of significant news announcements may be reviewed for compliance. Please refer to our ‘Prohibited Trading Practices’ for details.
Can I use EAs?
No, we do not support the use of Expert Advisors (EAs) or automated trading systems.
Can I copy trade?
Copy trading is not currently supported.
Can I hedge?
You can hedge positions within a single account. However, hedging between accounts or with other participants is prohibited.
Can I keep my positions open overnight?
Yes, you can keep positions open overnight. Be aware that swap fees will apply at market close to open orders.
Which trading practices are prohibited?
Prohibited Trading Practices are outlined in our Terms and Conditions, available on our website.
What happens if I break the rules?
Consequences depend on the severity of the breach. You may receive a warning, or your Challenge account could be blocked from further trading.
Affiliate
Partners
Do you have a partners program?
Yes, we offer a comprehensive affiliate program.
How do I team up with FundedFast?
Sign up on our website, and one of our affiliate specialists will contact you to discuss your requirements. Together, we’ll create a commission plan tailored to your strategy for bringing in clients.
How much commission can I earn?
Depending on the amout of referrals you bring, you can earn up to 30% of the generated revenue
Where do I get my referral link?
Instead of referral links, we use coupon codes. These codes will be emailed to you, and you can share them with your audience.
How can I track my referrals?
You can monitor your sales and performance directly on the Trading Platform.
Do you provide any marketing support?
Absolutely! Our marketing team has over 30 years of combined affiliate experience. We’ll assist you with strategies, address any challenges, and provide marketing materials like banners to help you succeed.
How can I receive my payouts?
Whenever one of your referrals makes a purchase, your commission is automatically credited to your Trading Platform. From there, you can submit a withdrawal request.
Funds
Which payment methods are available?
We support payments via credit/debit cards, bank transfers, local banking, PIX (Brazil), and cryptocurrency.
How much is the Challenge Fee?
Our Challenges start at just $29! Visit our Challenge page for the full range of available Challenges.
Why do I need to pay a fee?
The fee supports the evaluation of your trading skills, as well as the educational resources and mentoring you’ll receive when you become a FundedFast trader.
Is the Challenge Fee refunded if I pass the Challenge?
Yes, if you pass the Challenge, your original fee will be fully refunded.
How can I withdraw my profits from my Funded Account?
As a contractor, you will send us an invoice.
Are there any withdrawal fees?
We don’t charge fees for processing withdrawals. However, if you receive less than the requested amount, it’s likely due to fees applied by the payment provider, which are beyond our control.
Is there a minimum withdrawal amount?
The minimum amount you can withdraw is $50 USD per request.
Can I withdraw my fees anytime I like?
Yes! Unlike other prop firms that limit payouts to monthly, we process withdrawal requests weekly.
Am I required to pay taxes?
We don’t deduct taxes from your payouts. However, it’s your responsibility to report your earnings to the relevant tax authorities in your country.
Will my maximum daily loss be affected if I make a withdrawal?
Yes, making a withdrawal will affect your maximum daily loss. This is because your account equity decreases after a withdrawal, and any open positions will result in a recalculated maximum daily loss based on the updated equity.
My account is still locked after payment. What should I do?
If the amount we received after fees and exchange rates is less than the Challenge fee, your account may remain locked. Contact our support team via live chat or email support@fundedfast.com, and we’ll check and provide further instructions.
How often can I request a withdrawal?
You can request a withdrawal once per week. To have it processed on Monday, submit your request by 00:00 (UTC) on Thursday of the previous week.
General
How do I reset my Client Area password?
Please email support@fundedfast.com with your request, and our team will be happy to assist you.
How do I reset my Trading Platform password?
You can reset your password directly from the sign-in page or use this link: https://platform.fundedfast.com/forgot-password
How do I change my email address?
Send an email to support@fundedfast.com with your request, and our team will be happy to assist you.
Can I change trading platforms?
Currently, we work exclusively with the MatchTrader platform. However, we’re planning to add more trading platforms soon.
What KYC do you require?
To progress to the funded phase, we require the following documents:
ID – Passport, driving license, or national ID card.
Proof of Residence – Utility bill or bank statement dated within the last six months.
How do I upload my KYC?
Once you pass the final Challenge phase, you can upload your documents through the Trading Platform. Simply log in, navigate to your Profile page, and follow the instructions there. Once your documents are verified, you’ll receive an email confirmation.
How fast is my KYC approved?
We aim to verify documents within an hour. However, in rare cases, please allow up to one business day.
How do I close my account?
To close your account, email your request to support@fundedfast.com, and we’ll take care of it for you.
Can’t find the answer to your question?
Chat with us or contact support@fundedfast.com and we’ll
be right with you!
