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General Rules

Learn more about our universal rules, regardless of your account type.
32 articles
General Rules for All ChallengesQuick overview of rules for all our challenge types
How fast will I receive a Funded Trader challenge after I sign up?Processing time for challenges/programs.
When does the evaluation period start for my challenge?Start of your evaluation period for the Standard, Rapid & Royal Challenges
I passed The Funded Trader Simulated Challenge, now what?Steps you'll need to take after passing the TFT Simulated Challenge to receive your simulated funded account
What is the transition process from Phase 1 to Phase 2 in the Standard, Rapid, and Royal Challenge?Overview of how long it takes to transition to Phase-2 after passing Phase-1 of the Challenges
Can I get a free retry or extensions if I don't hit the simulated profit target?Eligibility to attempt any challenge again if you do not succeed within the designated time period
How much leverage do you offer?Leverage for standard challenge, rapid challenge, royal challenge, and simulated funded accounts
What instruments are allowed to be traded?Learn what instruments are offered and the maximum lot exposure
How many accounts can I trade and is there a maximum account size I can trade?Rules around virtual account limits and total virtual account value limits
Using Our Spreads Test AccountSpreads Test Account
Do you allow Expert Advisors (EAs) for certain Accounts?Which accounts allow and prohibit the use of Expert Advisors (EAs)
Can I hold trades overnight or over the weekend?Details about holding trades over the weekend or overnight
Is scalping permitted?Rules for scalping
Can I use a Trade Copier?The usage of trade copiers and social tools
Can I Trade News with The Funded Trader?Rules for trading news during a TFT challenge
What happens if I fail my simulated Funded Account within the first day of acquiring it?Ramifications for failing any TFT simulated Funded Account within the first day of receiving it
Prohibited trading strategies that violate the TFT rules and Terms of UseRestrictions to trading strategies that violate the TFT Terms of Use (ToU) policy
Trading According to the Real Market?
What happens if I violate a rule of the challenge?What happens to your challenge account when a rule is violated.
Margin Rules on Challenge and Simulated Funded AccountsMargin Call Level and Stop Out Level
Contract Specifications and Lot Size Calculations for Eightcap, ThinkMarkets and Purple Trading
What is the maximum open simulated positions allowed on Eightcap MT4/MT5?Restrictions on Number of Simulated Positions Allowed Open at a Time
What is the lot size limit?Learn what lot size limits, if any, are enforced
Is anyone else allowed to trade on my account besides me?Who is allowed to trade your accounts
Is there an age requirement to get funded?Age requirements to trade with The Funded Trader
Can I change my passwords during a challenge?Resetting password during The Funded Trader challenges
Am I allowed to use a VPN?VPN & VPS usage with Challenge/Simulated Funded Accounts
What is the Commission Fee Structure?Commission fees for demo accounts through our offered brokers
Simulated Swap Free Accounts
Understanding Swap Fees: A Comprehensive Guide for Traders
Understanding Simulated Dividends: A Comprehensive Guide for TradersSimulated Dividends are payments made by a corporation to its shareholders, usually in the form of cash or additional shares.
Understanding Rollover: A Comprehensive Guide for TradersHere, we'll provide you with answers to commonly asked questions about rollover, also known as overnight or swap rates.