Terms and Conditions
TruFunder Challenge Terms and Conditions
These Terms and Conditions govern the participation in TruFunder's proprietary trading challenges: One Step, Evaluation, and Swift Challenge. By enrolling in any of the challenges, you agree to abide by these terms.
1. General Eligibility
1.1. Participants must be at least 18 years old.
1.2. Only one challenge per trader per account is permitted at a time.
1.3. TruFunder reserves the right to reject or cancel a participant's access in cases of fraud, manipulation, or abuse.
2. Challenge Types & Structure
A. One Step Challenge
B. Evaluation Challenge (Two-Phase Challenge)
Phase 1
Phase 2
C. Swift Challenge
3. Account Sizes & Fees
Challenge account sizes vary and include $10,000, $25,000, $50,000, $100,000, and $200,000.
Each challenge type has its own registration fee, non-refundable after the challenge begins.
All fees are displayed at checkout and are subject to change.
4. Trading Rules
4.1. Permitted Instruments: All major Forex pairs, indices, metals, and cryptocurrencies (unless otherwise specified).
4.2. News Trading: Allowed, but TruFunder is not liable for slippage or increased spreads.
4.3. Hedging: Allowed within the same account only.
4.4. EA/Robots: Permitted if not used to exploit or manipulate the system.
4.5. Copy Trading: Not allowed unless approved by TruFunder.
4.6. Scalping/High-Frequency Trading: Allowed, provided no latency arbitrage or manipulation is involved.
4.7. Holding Trades Over Weekend/Holiday: Allowed for some challenge types. Traders must review their specific challenge rules.
4.8. Lot Size Limits: Excessive lot sizes leading to unrealistic risk may lead to disqualification.
5. Drawdown Violations
Daily Drawdown: 4% of the account equity or balance, whichever is higher, measured at any time during the day.
Overall Drawdown: 6% of the starting balance. Exceeding this at any time will lead to challenge failure.
Equity Monitoring: Drawdowns are tracked in real-time by TruFunder's system.
6. Profit Targets and Payouts
6.1. Profit targets must be reached within the challenge period.
6.2. Upon successful completion, a funded account is awarded.
6.3. Payouts:
• Swift Challenge: First payout after 7 days
• One Step & Evaluation: First payout after 14 days.
6.4. Payouts are based on a profit split (e.g., 80/20 or 90/10 based on performance).
6.5. Payout requests are processed within 3-5 business days.
7. Scaling Plan
7.1. Traders demonstrating consistent profitability and risk management may qualify for scaling.
7.2. Accounts may be scaled by up to 25%-50% every 2 months, upon meeting performance requirements.
8. Disqualification & Breach of Terms
Participants may be disqualified for:
• Breaching drawdown limits
• Using unapproved trading practices (latency arbitrage, trade flipping, etc.)
• Sharing login credentials or copying trades across accounts
• Using third-party signals without transparency
• Misrepresenting personal information or identity
Disqualified traders forfeit all progress and may be banned from future participation.
9. Refund Policy
• Challenge fees are non-refundable once the challenge has started.
• Refunds are only processed for duplicate payments or technical issues before account activation.
In the event of wrongful disqualification, an appeal process is available via support@trufunder.com.
10. Legal Disclaimer
Trading forex and other financial instruments involves significant risk. TruFunder does not guarantee any profit or success. Participation in challenges is for skill evaluation and simulated performance; any financial decisions based on challenge results are at the trader's own risk.
11. Amendments
TruFunder reserves the right to update or modify these terms at any time. Continued use of the platform constitutes acceptance of the revised terms.
12. Contact
For enquiries or support, please reach out to:
Email:support@trufunder.com
Website:https://trufunder.com
These Terms and Conditions are effective as of January 1, 2025.