Base de conocimiento
FAQ
Frequent Answers and Questions about RoyaFunded Programs
Starting at RoyalFunded
We accept and allow all traders above 18 years from around to world to open an account with us except for traders from the following countries (as per DEEL restrictions):
– Afghanistan
– Belarus
– Central African Republic
– Congo (Brazzaville)
– Congo (Kinshasa)
– Cuba
– Eritrea
– Iran
– Iraq
– Libya
– Myanmar
– North Korea
– Palestinian Territory
– Russia
– Syria
– South Sudan
– Sudan
– Yemen
We currently accept credit and debit card payments. We are working on allowing crypto payments very soon.
After program purchase you will receive your login details within 24 hours. If you sign up on the weekend, we will send you the logins by Monday AM (GMT +2 Time). If you don’t find your email with the logins, please make sure to double-check your spam folder.
Yes. Swap Free accounts are available. Once you make a payment, please, send us an email at support@royalfunded.com that includes a copy of any document that proves your religion. If valid, we will switch your account to a Swap Free account.
Please click the link below for the available instruments and its respective specifications for our server.
We use Metatrader 5 as our trading platform. MT5 offers advanced financial trading features as well as superior tools for technical and fundamental analysis. MT5 is available for Windows, MAC and also for iOS and Android mobile devices.
We don’t use a broker, we have partnered with a Liquidity Provider who gives us Direct Market Access. This is why our accounts (demo and live) have almost no slippage.
At RoyalFund we have one of the best trading conditions in the industry. Our commissions are $2.25 per lot per side and our spreads are really low, averaging 0.1 pips on EUR/USD.
KYC stands for Know Your Client. KYC is a mandatory process to verify your identity. It’s a regulation that we have to comply with in order to provide members like you with a live account that contains real capital.
To verify your identity, we will ask for one of the following:
1 – Proof of Address: Internet Broadband Bill, Utility Bill, Tax Document, or Bank Statement no older than 3 months.
2 – Proof of Identity: ID, Passport, or Driving Licence.
Rules for all funding programs
For example, opening a trade on Monday and closing it on Thursday would count as 1 active trading day. The day that counts was when the trade was opened, not the entire trade duration.
And similarly, if you open 2 or more trades on a certain day, it counts as 1 active trading day.
So, to achieve the minimum active trading days objective, you need to open at least 10 trades on 10 different days for each phase.
Continue trading in the same way until you reach the minimum Active Trading Days, as we need you to meet this time requirement to prove that you are a responsible trader and that our money will be in safe hands when you become a RoyalFunded trader.
In all our programs we have a maximum inactivity period of 30 days. After 30 consecutive days without trading, the account will be terminated and archived.
If you plan to take a break for more than 30 days, please email support and we will freeze your account until you are ready to resume trading.
Absolutely! We allow to trade low, medium and high impact news in all our funding programs.
You can trade with any genuine algorithms or EA that you developed or bought to use personally.
However, we prohibit using Martin Gale, High-Frequency Trading, Ultra-Fast Scalping, Latency Arbitrage Trading, Any Tick Scalping Strategies, Copy Trading of other person signals, any Reverse Arbitrage Trading, any Hedge Arbitrage Trading, and the use of any emulators.
Copy Trading is allowed only if you are copying from your personal trading account into our funded account or from our funded account into other external accounts.
However, you might need to provide proof of this further down the line showing the MT5 statement of the trading account you are copying from to match with the trading account you manage for us. So, you must prove to us that “you” can trade and not others.
Copy trading is prohibited in the following cases:
– When buying an EA online and multiple traders end up using the same EAs resulting in mirrored trading activity and/or copy trading, where the same trades are taken on more than 2 accounts. In such a case, we would contact you and let you know to terminate using such EA.
– Copying other traders’ trades using Social Trading Tools or other copy trading softwares or using challenge or evaluation pass services.
Yes, hedging is allowed, however, using multiple accounts to hedge entries between them will be considered as a violation of rules. Also, you need to be aware that risk is not reduced when hedging positions. Each open position is still considered a new position.
Yes, it is statistically proven that traders who do not use Stop Loss do not survive long in trading, therefore we require you to place a Stop Loss on every trade. Otherwise, our risk management system will flag these trades as a violation.
Starting the Challenge
Absolutely! We refund you 100% of your challenge fee once you pass and request your 1st withdrawal.
The Challenge start on the day you receive your account login details.
Challenge Rules
The 2 main rules you need to be aware of that get you disqualified immediately are (1) The Max Daily Drawdown and (2) The Max Absolute Drawdown.
To have max transparency, we have an automated system that will close all your open trades and freeze your account immediately once one of the rules above is breached. Only account reviews are done manually.
On any given day, the Maximum Loss must not be equal to or exceed the value of 4% of the initial account balance.
MDD = 4% x Initial Account Balance
And your Daily Stopout Level “DSL”, would be
Daily Stopout Level “DSL” = Start of Day Account Balance – (4% x Initial Account Balance)
The Max Daily Drawdown includes any swaps, commissions, and spreads.
The Max Daily Drawdown resets every day at Midnight Broker’s Time.
The “Max Absolute Drawdown” is a fixed USD loss calculated from the initial account balance that you may experience on any given day.
In this case, the Max Absolute Drawdown is set at 10% of the Initial Account Balance.
Max Absolute Drawdown “MAD” = 10% x Initial Account Balance
And your stopout level, “SL”, would be
Stopout Level “SL” = Initial Account Balance – (10% x Initial Account Balance)
It’s important to note that the Max Absolute Drawdown is designed to limit your losses to a certain percentage of your initial account balance. In this case, your losses must never exceed 10% of your initial account balance.
Once you become a RoyalFunded trader, you will start with an 75% profit split.
Once you scale up the 1st time and reach Tier 1, your profit share increases to 80%.
And once you scale up 3 times, you will start receiving a 90% profit split.
Starting the Rapid Evaluation
The Rapid Funding is a process where we assess your performance on a live account. Once you hit the profit target, we will pay you a 50% profit share, which covers more than the Rapid Funding sign-up fee you initially paid. Due to this structure, we do not offer a refund upon doing the Instant Funding.
The evaluation start on the day you receive your account login details.
Rapid Rules
The main rule you need to be aware of that get you disqualified immediately is The Max Absolute Drawdown.
To have max transparency, we have an automated system that will close all your open trades and freeze your account immediately once this rule is breached. Only account reviews are done manually.
The “Max Absolute Drawdown” is a fixed USD loss calculated from the initial account balance that you may experience on any given day.
In this case, the Max Absolute Drawdown is set at 5% of the Initial Account Balance.
Max Absolute Drawdown “MAD” = 5% x Initial Account Balance
And your stopout level, “SL”, would be
Stopout Level “SL” = Initial Account Balance – (5% x Initial Account Balance)
It’s important to note that the Max Absolute Drawdown is designed to limit your losses to a certain percentage of your initial account balance. In this case, your losses must never exceed 5% of your initial account balance.
For information about the profit split and how to scale up, please visit our Rapid Funding Account Scaling page.
Starting the Direct Funding
Due to the nature of the Direct Funding account, we are unable to offer fee refund neither free retakes .
Direct Rules
The main rule you need to be aware of that get you disqualified immediately is The Max Absolute Drawdown.
To have max transparency, we have an automated system that will close all your open trades and freeze your account immediately once this rule is breached. Only account reviews are done manually.
The “Max Absolute Drawdown” is a fixed USD loss calculated from the initial account balance that you may experience on any given day.
In this case, the Max Absolute Drawdown is set at 5% of the Initial Account Balance.
Max Absolute Drawdown “MAD” = 5% x Initial Account Balance
And your stopout level, “SL”, would be
Stopout Level “SL” = Initial Account Balance – (5% x Initial Account Balance)
It’s important to note that the Max Absolute Drawdown is designed to limit your losses to a certain percentage of your initial account balance. In this case, your losses must never exceed 5% of your initial account balance.
For information about the profit split and how to scale up, please visit our Direct Funding Account Scaling page.
trading~