A Funded Trader is someone – you! – who trades using the capital of a proprietary trading firm –  us – rather than your own money. Unlike solo trading, it means not all of the profits you earn are yours to keep but, on the flip-side, it means you have no liability for any losses you make.

You will be able to keep 70% of your profits. This is the same across all levels of our Funded Trading Accounts, from Mini to Master. Your profits are paid out on a monthly basis  and, if you make a withdrawal, the funds should be in your bank within 48 hours.

Be aware that, at the time your payout is due or requested, no single trading day should make up 30% or more of your total profits. If it does, you will forfeit the profits for that day.

The beauty of being part of our Funded Trader Program is that you have no liability for losses, otherwise known as drawdown. That’s because you’re trading with our money. At each funding package level, there is an overall and daily drawdown limit. If you exceed this limit, any open positions will be closed and your account will be disabled.
Here’s an example of how it works on our Mini account:

Overall Drawdown

• The limit is set at 9%
• This is calculated based on the initial balance, which for a Mini account is $3,000
• Therefore, the balance of your account cannot fall below $2,730

Daily Drawdown

• The limit is set at 6%
• This is calculated based on the balance at the start of each trading day
• Let’s assume you made $200 profit on day one of trading and started day two with a balance of $3,200
• In this scenario, the balance at the end of day two cannot fall below $3,008

If you return a 10% profit, you’ll be eligible to scale up your Funded Trading Account to the next package. The only exception is with a Mini account, where scaling is not available. Above that, though, a 10% profit will enable you to level up and increase your funding –  from $10,000 at Bronze all the way to $500,000 if you become a Master.

It’s also important to note that, if you hit your 10% target, you have a choice between withdrawing your profits or scaling up. You cannot do both.

You can trade forex, commodities, indices, shares, NFTs, and crypto CFDs – whichever markets suit your knowledge and strategy. Find out more about the various markets with TenTrade as well as our instrument specifications.

If you sign up for our Funded Trader Program you’ll use MetaTrader 5. It’s a slick, simple platform that’s popular among beginners and pros alike, so you can count on its superb functionality.

All levels of our Funded Trading Accounts offer leverage up to 1:100. This means you could open a position worth $1,000 while putting up only $10 of capital, therefore potentially magnifying your profits. However, it could also have the same effect on your losses if the trade goes against you, which might mean you exceed your drawdown limit.

To gain access to our live Instant Funded Account via our evaluation, you’ll need to achieve a 10% profit target. You’ll also need to avoid:

• Exceeding your daily or overall drawdown limit
• Being inactive on your account for 30 days
• Hedging – taking an opposing position to offset your losses
• Copy trading using trades outside of the TenTrade Social Trading Platform
• Recording 30% or more of your total monthly profits on one trading day
• Using high-frequency trading bots to capitalise on latency arbitrage. This is a strategy used by institutional traders who take advantage of the minute difference in network latency speeds to open positions at more favourable prices before those prices change

Yes! You have unlimited opportunities to pass your evaluation and access your live Funded Trading Account. And you can have multiple TenExpress Challenge accounts at once.

We operate under the strictest international laws, so you can rest assured that your money will be fully protected. Any funds, including unrealised profits, are held in separate trust accounts with AA- graded banks while our technology is fully encrypted with Secure Sockets Layer to guard against fraud. We also have a risk management system that ensures your balance will never fall into the negative.

Find out more about the safety of your funds with TenTrade.

Got more questions or need further information about any of our tools? If you need to speak to us about your Funded Trading Account or anything else, you can contact us 24 hours a day via live chat. Other ways to reach us are:

Fill out our online form
Email us at [email protected]