Rapid Rules
RULES
Rapid Funding
Make sure you have read and understood the rules for our Rapid Funding program.
These are the rules that apply to our Rapid Funding program. It is important that you read and understand them. When you trade with us you are agreeing to these rules, so if you have any questions you can check the FAQ or contact us.
Our Rapid Funding program is our 1-step evaluation proposal. You will trade on a live account from the evaluation and receive a profit share. Once you pass the evaluation you will become a RoyalFunded trader.
Phase 1: In this evaluation phase the trader receives a live account funded with limited capital and must achieve a 9% profit target within 1 year.
RoyalFunded Trader: Once the evaluation phase has been successfully completed, RoyalFunded will contract the trader to trade with the company's capital in a fully funded live account. When you make your first withdrawal as a RoyalFunded trader, you will also receive 50% of the 9% you earned in the evaluation phase.
No daily drawdown. The maximum total drawdown is 5% of the iniatial account’s balance (absolute drawdown, not relative). This applies to Phase 1 and when you become a RoyalFunded trader.
INACTIVITY
If your live account is inactive for 30 days it will be automatically breached. If you do not inform us within 10 days of the breach the reason for the inactivity, the account will be permanently suspended.
This rule is to prevent us having thousands of hedged trades on abandoned accounts. If you are planning to be away for a prolonged period of time, please inform us and we will make sure your account continues.
To pass the evaluation phase it is imperative that you have a trading strategy and a good risk management plan. At RoyalFunded we encourage good trading practices but allow you to trade in your own style.
We allow all trading styles (scalping, day trading and swing trading). We allow trading during low, medium and high impact news without restrictions. We allow left open trades on weekends without restrictions.
Trading activities that are used to take advantage of the inefficiencies of Metatrader. Gap trading, latency arbitrage, Long short arbitrage, Reverse arbitrage, opposite account trading are all unacceptable trading methods with RoyalFunded. Anyone part-taking in such activities will get their account(s) suspended.
EAs and Robots 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 are not allowed. Using any of the EAs mentioned above will cause immediate termination of the account.
Using third party EAs/Robots is OK so long as it is not managed or traded by another party. All signals must be your own and based on your own set up.
Any Copy Trading of other people’s signals, Group Trading with other individuals, or funded account management services are not allowed. Any Copy Trading activity mentioned above will cause immediate termination of the account.
You can copy trades from your personal account to our account, provided that you can supplement proof to us.
The RoyalFunded trader must use a stop loss on every trade as soon as possible within 5 min window. Failing to do so will cause the termination of the account.
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.
Indices: S&P500, US30, US100, DAX, UK100, F40, JP225, STOXX50, AUS200.
At RoyalFunded 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.
Remember that you will have full access to the funding platform and that you must be the only person accessing the account. RoyalFunded will not interfere with traders' accounts unless they fail to comply with our terms and conditions.
You are responsible for making sure your account credentials are safe. We do not reinstate accounts that have been hacked or distributed to third parties for trading and lost. If your account has been hacked, get in touch with our team so we can lock the account and change the password and run you through security protocols. No reinstatements of accounts will occur so it is important for you to get to us as quick as you can if your account has been hacked.
If you have reached your profit-split time, firstly, congratulations. You may close all trades and request your pay out from the ‘Pay out request’ button on your dashboard. In case, the pay out request button is still not enabled, please get in touch with billing@royalfunded.com.
You can request your payout via DEEL. With DEEL, you will be able to withdraw with Wise, Paypal, Bank transfer, Payoneer, Revolut, Mercury, etc.
To qualify for your first withdrawal on the live-funded account as RoyalFunded Trader, you must meet one of the following two requirements:
- Complete 10 Active Trading Days; or
- Achieve at least 10% in profit (whichever comes first).
In case of having a net profit of less than 10% on the live funded account, the 1st withdrawal can be requested after 10 Active Trading Days, you do not need to wait until you hit 10% to process your first withdrawal. You will be eligible for withdrawals at any time as long as you have completed at least 10 Active Trading Days.
Any subsequent withdrawals can be requested during the last 5 days of each calendar month.
You can qualify for Bi-Weekly Withdrawals once you achieve a 10% net profit.
* A minimum of 1% of the initial account balance is required in order to make a withdrawal request.
* Any Profit Split paid out to the RoyalFunded trader is deducted from the account balance. However, this will not affect the profit target.
* If you have trades where you were maxed out on leverage and unusual big trades compared to the normal trades you usually take, you will not be eligible for withdrawals for those trades.
We do not refund the sign-up fee once the Evaluation account has been traded. If the Phase 1 account has not been traded, we will refund the sign-up fee up to 7 days after the sign-up date.
Use of third party skills/software/suppliers for trading
You must commit to being the only one who trades on your account. Any third-party vendor selling any service, whether its account management or an EA, that promotes usage on any prop firm, is forbidden. You should note that from the moment you become a RoyalFunded trader you will be trading with real money on a real account, so it is important to us that it is you and not someone else who has proven their trading skills by passing our challenge.
trading~