We kindly request all clients to review our Terms & Conditions and FAQ section below.
Rules & Frequently Asked Questions
All challenges have unlimited trading time to complete.
We have a minimum trading day objective of five (5) trading days for each challenge phase, wherein a minimum of one (1) position must be opened on each of these days.
A trading day is considered any day when at least one trade is executed.
If a trade is held over multiple days, then the day when the trade was executed is considered as the trading day.
The Maximum drawdown is the maximum amount that your account can drawdown in before you would hard breach your account.
For example, if your initial account balance is $10k and you have a max drawdown of 10%, then your maximum loss value will remain at $9,000 for the duration of your challenge.
The Daily Loss Limit is calculated based on the previous day’s end of day balance.
For example, if your prior day’s end-of-day balance was $10,000 you would breach the Daily Loss Limit of 5% should your equity the next day fall to $9,500.
All payouts are processed through Deel. They offer various options that include: instant bank transfers, Revolut, PayPal, Wise, Payoneer and crypto.
Maximum leverage on our accounts is as follows:
1:50 For forex
1:20 For commodities
1:10 For indices
1:5 For equities
1:2 For crypto
Traders can be anyone who is of legal age of majority in their jurisdiction. Any Trader from any nationality from Europe, North America, South America, Africa, Asia, Australia, & New Zealand can participate, save persons from Syria, North Korea, Cuba, and Iran.
You agree to be subjected to a Know Your Customer (“KYC”) verification process by ourselves and upon passing the Evaluation phases of the First Frontier Funded Trader program above, you shall be required to provide the following before trading can commence:
- proof of identity being a valid ID, Passport, or Driving License.
- proof of address either a recent Utility bill, Bank Statement, or Broadband bill dated no older than three months.
The Funded Trader Program is not designed for large organisations, a group of individuals, or copy traders. You will therefore be obliged to participate as an individual.
Majors: EURUSD, GBPUSD, NZDUSD, AUDUSD, USDCHF, USDCAD, USDJPY.
Minors : EURGBP, EURNZD, EURAUD, EURCHF, EURCAD, EURJPY, GBPNZD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, NZDAUD, NZDCHF, NZDCAD, NZDJPY, AUDCHF, AUDCAD, AUDJPY, CADCHF, CADJPY, CHFJPY.
Commodities: Gold, Silver, Oil.
Major Indices: S&P500, US30, US100, DAX, UK100, F40, JP225, STOXX50, AUS200.
The trader must not breach any rules set out in the Responsible Trading Policy.
Breaking the Daily Drawdown Rule, the Max Drawdown Rule or the Inactivity Rule will result in account termination. Breaching the Responsible Trading Policy may result in the trader’s funded request being rejected and thus being required to re-attempt Phase 1.
First Frontier reserves the right to change the rules for Challenge Accounts at any time.
If we discover at a later time that you have breached any of our terms and conditions, we reserve the right to terminate your account. In the event this happens, you will not be entitled to a refund.
You can trade any trading style (scalp, day trading, or swing trading).
- It is strictly prohibited to use any software, artificial intelligence, high-speed or mass data entry which might give you an unfair advantage. Such use shall be considered cheating and shall result in the termination if the account forthwith and without any compensation whatsoever. This decision remains at the sole discretion of First Frontier.
- It is prohibited to Perform Trades using an external or slow data feed.
- It is prohibited to perform trades contrary to how trading should be performed in the financial markets, or in a way which causes First Frontier financial harm.
- EAs are allowed except the EAs of Martin Gale, High-Frequency Trading, Ultra-Fast Scalping, Latency Arbitrage Trading, any Tick Scalping Strategies, any Reverse Arbitrage Trading, any Hedge Arbitrage Trading, and any use of emulators which are not allowed. Using any of the EAs mentioned above will cause immediate termination of the account without notice or compensation whatsoever. This decision remains at the sole discretion of First Frontier.
- Trading Strategies which exploit errors in the service such as errors in the display of prices or delays in their update, including but not limited to any HFT trading, latency arbitrage, news straddling, stop order arbitrage are prohibited and will result in the immediate termination of the account without notice or compensation whatsoever. This decision remains at the sole discretion of First Frontier.
You are allowed to trade during all low, medium, and high-impact news without any restrictions.
Any Copy Trading of other people’s signals, Group Trading with other individuals, or funded account management services or “challenge-passing” services are not allowed. Any Copy Trading activity mentioned above will cause immediate termination of the account. However, the Funded Trader may copy trades from its personal account to First Frontier account, provided that Funded Trader can provide proof of such copied trades to First Frontier. high-impact news without any restrictions.
You are obliged to use a stop loss on every trade as soon as reasonably practicable and in any event within 2 (two) minutes of the trade thereof. Failing to do so will result in a warning being issued to the trader and could ultimately result in the termination of the trading account if the trader continues to not abide by the rule. people’s signals, Group Trading with other individuals, or funded account management services or “challenge-passing” services are not allowed. Any Copy Trading activity mentioned above will cause immediate termination of the account. However, the Funded Trader may copy trades from its personal account to First Frontier account, provided that Funded Trader can provide proof of such copied trades to First Frontier. high-impact news without any restrictions.
To protect both our capital as well as you, the trader’s capital, you are allowed to risk a maximum of 2.5% of your account balance per trade. This is equivalent to 50% of your daily drawdown limit.
To qualify for a withdrawal, ALL of the following conditions must be met:
(a) The trader must have been funded for at least 30 calendar days for their first withdrawal on their phase 3 account (Funded Status). This is known as Account Age.
Thereafter, trading profits will be paid out bi-weekly if the Funded Trader meets the requirements for a pay-out.
(b) The trader must not have withdrawn from this account in the last 14 calendar days.
(c) The trader must not have broken any rules set out in these Terms and Conditions.
Once requested, the withdrawal will be removed from the trader’s account balance. First Frontier will send the trader login details to a new account with the account balance reset to the original balance. The trader can continue trading on the new account.
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Detailed Explanations of Trading Objectives
Upon receiving your confirmation of successful payment, you will receive your Trading Platform and Dashboard credentials within 5 minutes, however, for crypto payments the time taken to confirm your order depends on the network congestion and blockchain verification and can take some time.
For local bank payments, your account will be issued as soon as you send us the proof of payment and the funds reflect in our bank account. This is usually processed immediately, but in some instances can take between 2-4 hours.
We allow trading of a wide range of instruments available on your trading platform. This typically includes forex, commodities, indices, and crypto.
Please note that on Think Markets you are required to trade pairs ending with the suffix “x.” For example: EURUSDx, GBPJPYx.
We have a minimum trading day objective of five (5) trading days for each challenge phase, wherein a minimum of one (1) position must be opened on each of these days.
A trading day is considered any day when at least one trade is executed.
If a trade is held over multiple days, then the day when the trade was executed is considered as the trading day.
The Maximum drawdown is the maximum amount that your account can drawdown in before you would hard breach your account.
For example, if your initial account balance is $10k and you have a max drawdown of 10%, then your maximum loss value will remain at $9,000 for the duration of your challenge. This is applicable to both account balance and equity.
The Daily Loss Limit is calculated based on the previous day’s end of day balance.
For example, if your prior day’s end-of-day balance was $10,000 you would breach the Daily Loss Limit of 5% should your balance or equity the next day fall to $9,500.
Maximum leverage on our accounts is as follows:
1:50 For forex
1:20 For commodities
1:10 For indices
1:5 For equities
1:2 For crypto
The maximum number of allowed lots is as follows:
$10K – 2 lots
$25K – 5 lots
$50K – 10 lots
$100K – 20 lots
$200K – 40 lots
If you simultaneously execute multiple trades on the same pair which run concurrently, the cumulative lot size across those positions should not exceed the max allowed lot size for that account size.
If you fail to adhere to the max lot size on a trade or position, our system will automatically detect this and send you a warning email. This is only considered a soft breach rule, so you will be able to continue trading your account. The profits made may be deducted. You are allowed 3 soft breaches.
Do note, margin and leverage requirements still apply. So, even though these are
the maximum lots that can be traded, it is possible based on the leverage of the account that you may not be able to trade up to the maximum depending on the
specific trade.
Our spreads are very competitive and are usually less than 1 pip during normal market conditions on most forex pairs and gold. Naturally, spreads do increase during high impact news and period of volatility and traders should be aware of this and factor this into their trading decisions. Current market conditions and factors will determine the spreads at the time.
Commissions are $3.50 per lot, per side. This amounts to $7.00 per round trip.
Yes, EAs are enabled on our trading platforms.
However, the use of EAs of Martin Gale, High-Frequency Trading, Ultra-Fast Scalping, Latency Arbitrage Trading, any Tick Scalping Strategies, any Reverse Arbitrage Trading, any Hedge Arbitrage Trading, or any use of similar emulators are not allowed.
You are required to use a stop loss after you pass the evaluation phase and are a funded trader.
The reason is because it is prudent for risk management, which is important to have longevity in the markets and protect capital.
After opening a position, you will have a five-minute window to place a stop loss. All trades opened on the same pair during that 5-minute window will be considered as one position for which a stop loss is required on each.
If you fail to place a stop loss within five minutes of executing a trade, our system will automatically detect this and send you a warning email. This is only considered a soft breach rule, so you will be able to continue trading your account. You are allowed 3 soft breaches.
A soft breach means that all trades that violated the rule will not be counted. However, you can continue trading your Assessment or Funded account.
A hard breach means that you violated either the Daily Loss Limit or the Max Trailing Drawdown rule. In the event you have a hard breach, you will fail the Assessment or have your Funded account taken away.
Yes, news trading is permitted. However, traders must be aware that this involves increased risk and there is a possibility of slippage due to the high volatility and liquidity during these periods.
Yes, you can hold trades over the weekend. However, swaps will be charged for overnight positions.
Once you achieve the trading objectives for phase 2 of the evaluation, our team will be notified and review your trading account. This can take a few hours.
Once the review is completed, you will receive an email with instructions on how to access and complete your KYC and Trader Agreement.
Once the agreement is completed and all documents provided, your Funded account will be created, funded, and issued to you. The overall process is typically completed within 24-48 business hours.
And then you’re off to the races!
To best serve our clients, trading in all stages of the cooperation between Funding Frontier and the client is via a demo account.
To avoid any confusion, please keep in mind that a Funded Account is a fully simulated account with real market quotes from liquidity providers. The trading data is sent off to a partnered proprietary trading firm where trades are copied at their own discretion using aggregated orders using proprietary risk management techniques.
After you pass our Evaluation, we will email you with your Traders Agreement and KYC requirements. Once your contract is signed, we will send you your Funded Account.
Traders can request a payout within 30 to 14 days after their first trade. When you’re ready to request a payout, simply do so through your Dashboard.
Our team will usually approve your payout within 48 hours, often even sooner. The funds will then be sent to Deel, who will subsequently transfer them to your account.
Deel provides various payout options, including bank transfers and crypto. Feel free to choose the one that suits you best!
Generally, the payout process only takes a couple of business days, but many of our traders have received their funds in under 24 hours!
A step-by-step explanation of the onboarding process on Deel can be found by clicking on the link below. There is also a video option available if you prefer.
https://deel.notion.site/Deel-Contractor-Onboarding-Guide-46d99f6cbe424938a22f61dec94bea1b
A spreads test account provides traders with a risk-free environment to view the spreads offered on the brokers we offer. The spreads test account is read-only and therefore you will only be able to see the markets moving on the Trading Platform 4/5 but not place trades. The test account can help you gain familiarity with the dynamics of our brokers and can be a useful tool for both beginner and experienced traders.
In accordance with our Terms and Conditions, all traders associated with our challenge and funded programs must be the sole traders of their accounts.
Due to this, we discourage accessing any trading account via VPN or VPS to track the data through our internal systems properly.
Please note this is common practice for any service that does not allow multiple users on a single account.
To be clear, this does not mean that you are not allowed to use a VPN or VPS. It just means that if you do, if any potentially malicious activity is found on your account the use of a VPN or VPS will be a highly determining factor of whether you are considered to have violated our terms & conditions.
Please contact our support team regarding any questions or concerns you may have on support@fundingfrontier.com
Upon receiving your confirmation of successful payment, you will receive your Trading Platform and Dashboard credentials within 5 minutes, however, for crypto payments the time taken to confirm your order depends on the network congestion and blockchain verification and can take some time.
For local bank payments, your account will be issued as soon as you send us the proof of payment and the funds reflect in our bank account. This is usually processed immediately, but in some instances can take between 2-4 hours.
We allow trading of a wide range of instruments available on your trading platform. This typically includes forex, commodities, indices, and crypto.
Please note that on Think Markets you are required to trade pairs ending with the suffix “x.” For example: EURUSDx, GBPJPYx.
Our spreads are very competitive and are usually less than 1 pip during normal market conditions on most forex pairs and gold. Naturally, spreads do increase during high impact news and period of volatility and traders should be aware of this and factor this into their trading decisions. Current market conditions and factors will determine the spreads at the time.
Commissions are $3.50 per lot, per side. This amounts to $7.00 per round trip.
Yes, EAs are enabled on our trading platforms.
However, the use of EAs of Martin Gale (of all forms – manual trading and EA), High-Frequency Trading, Ultra-Fast Scalping, Latency Arbitrage Trading, any Tick Scalping Strategies, any Reverse Arbitrage Trading, any Hedge Arbitrage Trading, or any use of similar emulators are not allowed.
You are required to use a stop loss after you pass the evaluation phase and are a funded trader.
The reason is because it is prudent for risk management, which is important to have longevity in the markets and protect capital.
After opening a position, you will have a five-minute window to place a stop loss. All trades opened on the same pair during that 5-minute window will be considered as one position for which a stop loss is required on each.
If you fail to place a stop loss within five minutes of executing a trade, our system will automatically detect this and send you a warning email. This is only considered a soft breach rule, so you will be able to continue trading your account. You are allowed 2 soft breaches. The third breach will be a hard breach of your account. Profits made on trades with no stop loss will be deducted.
The stop loss value when the trade is closed is final. If a trade is closed with no stop loss or if the stop loss set breaches the risk management rules, this will be a breach regardless of the trade duration.
A soft breach means that all trades that violated the rule will not be counted. However, you can continue trading your Assessment or Funded account.
A hard breach means that you violated either the Daily Loss Limit or the Max Trailing Drawdown rule. In the event you have a hard breach, you will fail the Assessment or have your Funded account taken away.
Yes, news trading is permitted. However, traders must be aware that this involves increased risk and there is a possibility of slippage due to the high volatility and liquidity during these periods.
Yes, you can hold trades over the weekend. However, swaps will be charged for overnight positions.
The daily drawdown resets at 5pm EST. In order for the daily drawdown to reset in the traders dashboard, all positions are required to be closed prior to the time.
To best serve our clients, trading in all stages of the cooperation between Funding Frontier and the client is via a demo account.
To avoid any confusion, please keep in mind that a Funded Account is a fully simulated account with real market quotes from liquidity providers. The trading data is sent off to a partnered proprietary trading firm where trades are copied at their own discretion using aggregated orders using proprietary risk management techniques.
After you pass our Evaluation, we will email you with your Traders Agreement and KYC requirements. Once your contract is signed, we will send you your Funded Account.
Traders can request a payout within 30 to 14 days after their first trade. When you’re ready to request a payout, simply do so through your Dashboard.
Our team will usually approve your payout within 48 hours, often even sooner. The funds will then be sent to Deel, who will subsequently transfer them to your account.
Deel provides various payout options, including bank transfers and crypto. Feel free to choose the one that suits you best!
Generally, the payout process only takes a couple of business days, but many of our traders have received their funds in under 24 hours!
A spreads test account provides traders with a risk-free environment to view the spreads offered on the brokers we offer. The spreads test account is read-only and therefore you will only be able to see the markets moving on the Trading Platform 4/5 but not place trades. The test account can help you gain familiarity with the dynamics of our brokers and can be a useful tool for both beginner and experienced traders.
In accordance with our Terms and Conditions, all traders associated with our challenge and funded programs must be the sole traders of their accounts.
Due to this, we discourage accessing any trading account via VPN or VPS to track the data through our internal systems properly.
Please note this is common practice for any service that does not allow multiple users on a single account.
To be clear, this does not mean that you are not allowed to use a VPN or VPS. It just means that if you do, if any potentially malicious activity is found on your account the use of a VPN or VPS will be a highly determining factor of whether you are considered to have violated our terms & conditions.
Funded accounts should be traded individually. You can’t copy trades (EA or manual) from a master account to another funded account to trade them simultaneously with the same trades & trade ideas.
After receiving your account details, you as a trader are required to login to your trading account at least once every 30 days to ensure the account stays active. You do not need to place any trades, however you must login to the account. If this is not done, the account will be considered inactive and removed accordingly. This applies to both evaluation phase accounts and funded accounts.
Please ensure that you login to your trading platform using the master password and not the investor password.
If you have selected Think Markets as your broker, please also select trading pairs ending with the suffix ‘x’ as this is the naming convention used by the broker. For example: EURUSDx, XAUUSDx etc.
Please contact our support team regarding any questions or concerns you may have on support@fundingfrontier.com
We have a minimum trading day objective of five (5) trading days for each challenge phase, wherein a minimum of one (1) position must be opened on each of these days.
A trading day is considered any day when at least one trade is executed.
If a trade is held over multiple days, then the day when the trade was executed is considered as the trading day.
The Maximum drawdown is the maximum amount that your account can drawdown in before you would hard breach your account.
For example, if your initial account balance is $10k and you have a max drawdown of 10%, then your maximum loss value will remain at $9,000 for the duration of your challenge. This is applicable to both account balance and equity.
The Daily Loss Limit is calculated based on the previous day’s end of day balance.
For example, if your prior day’s end-of-day balance was $10,000 you would breach the Daily Loss Limit of 5% should your balance or equity the next day fall to $9,500.
Maximum leverage on our accounts is as follows:
1:50 For forex
1:20 For commodities
1:10 For indices
1:5 For equities
1:2 For crypto
The maximum number of allowed lots is as follows:
$5K – 1 lot
$10K – 2 lots
$25K – 5 lots
$50K – 10 lots
$100K – 20 lots
$200K – 40 lots
If you simultaneously execute multiple trades on the same pair which run concurrently, the cumulative lot size across those positions should not exceed the max allowed lot size for that account size.
If you fail to adhere to the max lot size on a trade or position, our system will automatically detect this and close any position that exceeds the max lot size limit. In addition to this, you will also receive a warning email. This is only considered a soft breach rule, so you will be able to continue trading your account. The profits made may be deducted prior to you being able to proceed to the next phase of the funding program. You are allowed 2 soft breaches, and the third breach is considered a hard breach.
Do note, margin and leverage requirements still apply. So, even though these are
the maximum lots that can be traded, it is possible based on the leverage of the account that you may not be able to trade up to the maximum depending on the
specific trade.
To protect both our capital as well as you, the trader’s capital, you are allowed to risk a maximum of 2.50% of your account balance per trade idea. This is equivalent to 50% of your daily drawdown limit.
This applies to multiple trades on the same pair which run concurrently, the cumulative risk across those positions should not exceed 2.50%.
Once you achieve the trading objectives for phase 2 of the evaluation, our team will be notified and review your trading account. This can take a few hours.
Once the review is completed, you will receive an email with instructions on how to access and complete your KYC and Trader Agreement.
Once the agreement is completed and all documents provided, your Funded account will be created, funded, and issued to you. The overall process is typically completed within 24-48 business hours.
And then you’re off to the races!
The general rules of the 3-Stage Evaluation are as follows:
Maximum overall drawdown = 5%
Maximum Daily Drawdown = There is no daily drawdown
Phase 1 profit target = 5%
Phase 2 profit target = 4%
Phase 3 profit target = 3%
Upgrades available during checkout:
1) 90% profit split
2) Double leverage (1:30)
We have a minimum trading day objective of three (3) trading days for each challenge phase, wherein a minimum of one (1) position must be opened on each of these days.
A trading day is considered any day when at least one trade is executed.
If a trade is held over multiple days, then the day when the trade was executed is considered as the trading day.
You can have a maximum drawdown of 5% per challenge phase.
The Maximum drawdown is the maximum amount that your account can drawdown in before you would hard breach your account.
For example, if your initial account balance is $10k and you have a max drawdown of 5%, then your maximum loss value will remain at $9,500 for the duration of your challenge. This is applicable to both the account balance and equity value.
There is no maximum daily loss applicable to the 3-Phase challenge.
The maximum number of allowed lots is as follows:
$5K – 1 lot
$10K – 2 lots
$25K – 5 lots
$50K – 10 lots
$100K – 20 lots
If you simultaneously execute multiple trades on the same pair which run concurrently, the cumulative lot size across those positions should not exceed the max allowed lot size for that account size.
If you fail to adhere to the max lot size on a trade or position, our system will automatically detect this and close any position that exceeds the max lot size limit. The profits made may be deducted prior to you being able to proceed to the next phase of the funding program.
Do note, margin and leverage requirements still apply. So, even though these are the maximum lots that can be traded, it is possible based on the leverage of the account that you may not be able to trade up to the maximum depending on the
specific trade.
To protect both our capital as well as you, the trader’s capital, you are allowed to risk a maximum of 2% of your account balance per trade idea. This is equivalent to 40% of your daily drawdown limit.
This applies to multiple trades on the same pair which run concurrently, the cumulative risk across those positions should not exceed 2%.
You are required to use a stop loss after you pass the evaluation phase and are a funded trader.
The reason is because it is prudent for risk management, which is important to have longevity in the markets and protect capital.
After opening a position, you will have a five-minute window to place a stop loss. All trades opened on the same pair during that 5-minute window will be considered as one position for which a stop loss is required on each.
If you fail to place a stop loss within five minutes of executing a trade, our system will automatically detect this and send you a warning email. This is only considered a soft breach rule, so you will be able to continue trading your account. You are allowed 2 soft breaches. The third breach will be a hard breach of your account. Profits made on trades with no stop loss will be deducted.
The stop loss value when the trade is closed is final. If a trade is closed with no stop loss or if the stop loss set breaches the risk management rules, this will be a breach regardless of the trade duration.
Across all of our programs, you can be funded up to $400,000. There is no limit on the number of 3-stage accounts you can have as long as the combined total doesn’t exceed $400,000.
You get 1 drawdown reset opportunity per challenge for an additional fee. If you use the opportunity, there will be no further resets available to the trader on that challenge account.
Traders may only qualify for the drawdown reset if they display responsible and risk managed trading history/behavior. A trader may qualify for the account reset if:
- You don’t have a single loss bigger than 1% of the starting account balance.
- Your current account drawdown is not greater than 3.75%.
All trades on the account must be closed at the time the drawdown reset is requested.
After you pass our Evaluation, we will email you with your Traders Agreement and KYC requirements. Once your contract is signed, we will send you your Funded Account.
With the standard pay-out period, traders can request a pay-out within 14 days after their first trade. When you’re ready to request a pay-out, simply do so through your Dashboard. However, you can purchase an add-on at checkout to receive your first pay-out in 7 days!
Our team will usually approve your payout within 48 hours, often even sooner. The funds will then be sent via direct bank transfer or a crypto payment.
Generally, the pay-out process only takes a couple of business days, but many of our traders have received their funds in under 24 hours!