NaijaFunded Trading Rules
Please read and understand these rules before participating in any challenge or funded program.
* Allow & Disallowed Trading Fairs
Traders must trade with the allowing fairs by the platform.
1. Profit Target
Traders must achieve the required profit target without violating any rule.
2. Maximum Drawdown
Your account balance must never reach or fall below the maximum drawdown threshold.
3. Daily Drawdown
As for our Traders to be free from stress, we don't set any Daily drawdown on our challenges on each type. Our focus is just the maximum drawdown.
4. InActive Days
Traders must not spend over 5 days without trading on their Challenge or Funded Account, failure to do so will result in termination of their Challenge or Funded Account.
5. News Trading
News trading is allowed unless specifically prohibited under the selected challenge.
6. Weekend Holding
Holding trades over the weekend is permitted unless otherwise stated in the challenge rules.
7. Expert Advisors (EA)
Traders may use Expert Advisors provided they do not exploit platform errors or violate trading rules.
8. Multiple Accounts
Clients may own multiple challenge accounts subject to company limitations.
9. KYC Verification
Identity verification is required before receiving a funded account or requesting a payout.
10. Payout Requests
Payouts are subject to account review, rule compliance, and successful KYC verification.
11. Account Suspension
NaijaFunded reserves the right to suspend or terminate accounts involved in fraud, abuse, chargebacks, or rule violations.
12. Rule Changes
Trading rules and policies may be updated periodically. Users are responsible for reviewing the latest version.
13. Risk Disclaimer
Trading Forex, Commodities, Indices, Stocks, and Cryptocurrencies involves substantial risk. Past performance does not guarantee future results.
Quick Summary
- ✓ Reach Profit Target
- ✓ Stay Above Drawdown Limits
- ✓ Complete Minimum Trading Days
- ✓ Follow Trading Rules
- ✓ Complete KYC Verification
- ✓ Avoid Prohibited Trading Practices