FAQS
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Currently we run a 1 phase evaluation program and as such there are no ongoing fees.
Yes, we give traders 90 days to pass the evaluation.
There are no profit targets required to be reached on the live funded account. However, the account must end in a positive balance at the end of the 30 day trading period.
Yes, as long as this does not utilise any form of arbitrage strategy.
The purpose of the evaluation is for us to make sure that you are a consistent trader without any capital risk.
As our evaluation is set up to test your trading without risking capital, you cannot withdraw profits on this phase.
We believe in giving our traders the fairest deal possible. Ultimately no one would invest in anything if they were not able to know what the outcome may be, and many prop firms that offer instant funding only do so to take your evaluation fee and let you trade on a demo. SuperFunded only wants to puts in money in proven and trusted traders that we work with and see pass their evaluation. This is what will build our prop trading fund over the long term instead of trying to earn some fast dollars on an instant demo account.
Whilst our evaluation phase aims to best capture live conditions as best as possible, the live market will always be more reactive to short held scalping trades. As such to protect both our traders and our capital we aim to support scalping strategies that hold for certain amounts of time
Yes, the minimum age to participate in all of our programs is 18 years of age or older.
Upon receiving your confirmation of successful payment, you will receive your Trading Platform and Dashboard credentials within 5 minutes
We allow for three evaluations to be taken at once with a total funding amount of up to $600,000
We believe in giving our traders the fairest deal possible. Ultimately no one would invest in anything if they were not able to know what the outcome may be, and many prop firms that offer instant funding only do so to take your evaluation fee and let you trade on a demo. SuperFunded only wants to puts in money in proven and trusted traders that we work with and see pass their evaluation. This is what will build our prop trading fund over the long term instead of trying to earn some fast dollars on an instant demo account.
Yes, however we do not permit hedging between accounts.
SuperFunded is on the lookout for talented trading individuals and as such does not regard trade copying someone’s direct trading activity and as such is not permitted.
We classify our live traders as independent contractors. As such you invoice SuperFunded for your earnings and must report this yourself to your relevant tax authority.
Yes, as we are on the lookout for individual traders and often make payouts to bank account for our live traders. As such accounts must be created in your own name.
We define News Trading as any trade placed 15 minutes before or 15 minutes after any major high impact news event as determined by our risk team.
We have a 50% consistency rule meaning that at the end of your evaluation or live funded trading period, each trade can have no more than 50% of the total profit earned. We are after strategies that earn across multiple trades and do not concentrate profits and risks on few positions.
Yes our program allows for weekend and overnight holding of trades.
We do not allow for account merging due to risk management and tracking purposes. You can however have up to three challenges at one time totalling a maximum of USD 600k in funding.