Firm Overview
Trading infrastructure and payment options
Broker
N/A
Trading Platforms
2 platforms available
Payment Methods
Deposit options
Payout Methods
Withdrawal options
Challenges & Journey
Challenges & Journey
Choose your path to funded trading
| 5K 1 Step Challenge | 10K 1 Step Challenge | 25K 1 Step Challenge | 50K 1 Step Challenge | 100K 1 Step Challenge | 200K 1 Step Challenge | 5K 1 Step Pro Challenge | 10K 1 Step Pro Challenge | 25K 1 Step Pro Challenge | 50K 1 Step Pro Challenge | 100K 1 Step Pro Challenge | 200K 1 Step Pro Challenge | 5K 2 Step Fast Challenge | 10K 2 Step Fast Challenge | 25K 2 Step Fast Challenge | 50K 2 Step Fast Challenge | 100K 2 Step Fast Challenge | 200K 2 Step Fast Challenge | 5K 2 Step Squad Challenge | 10K 2 Step Squad Challenge | 25K 2 Step Squad Challenge | 50K 2 Step Squad Challenge | 100K 2 Step Squad Challenge | 200K 2 Step Squad Challenge | 2.5K Instant Lite Account | 5K Instant Lite Account | 10K Instant Lite Account | 25K Instant Lite Account | 50K Instant Lite Account | 100K Instant Lite Account | 200K Instant Lite Account | 2.5K Instant Pro Account | 5K Instant Pro Account | 10K Instant Pro Account | 25K Instant Pro Account | 50K Instant Pro Account | 100K Instant Pro Account | 2.5K Instant Rapid Account | 5K Instant Rapid Account | 7.5K Instant Rapid Account | 10K Instant Rapid Account | 12.5K Instant Rapid Account | 15K Instant Rapid Account | 20K Instant Rapid Account | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit Split | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 80.000% | 70.000% | 70.000% | 70.000% | 70.000% | 70.000% | 70.000% | 75.000% | 75.000% | 75.000% | 75.000% | 75.000% | 75.000% | 75.000% |
| Max Drawdown | 7.000% | 7.000% | 7.000% | 7.000% | 7.000% | 7.000% | 10.000% | 10.000% | 10.000% | 10.000% | 10.000% | 10.000% | 8.000% | 8.000% | 8.000% | 8.000% | 8.000% | 8.000% | 12.000% | 12.000% | 12.000% | 12.000% | 12.000% | 12.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 5.000% | 5.000% | 5.000% | 5.000% | 5.000% | 5.000% | 5.000% |
| Daily Loss Limit | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 4.000% | 4.000% | 4.000% | 4.000% | 4.000% | 4.000% | 5.000% | 5.000% | 5.000% | 5.000% | 5.000% | 5.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% |
| Phase 1 Target | 8.000% | 8.000% | 8.000% | 8.000% | 8.000% | 8.000% | 10.000% | 10.000% | 10.000% | 10.000% | 10.000% | 10.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 8.000% | 8.000% | 8.000% | 8.000% | 8.000% | 8.000% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Phase 2 Target | — | — | — | — | — | — | — | — | — | — | — | — | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | 6.000% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Min Trading Days | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Max Leverage | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:30 | 1:30 | 1:30 | 1:30 | 1:30 | 1:30 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 | 1:50 | 1:50 | 1:50 | 1:50 | 1:50 | 1:50 | 1:50 | 1:20 | 1:20 | 1:20 | 1:20 | 1:20 | 1:20 | 1:20 | 1:20 | 1:20 | 1:20 | 1:20 | 1:20 | 1:20 |
| Drawdown Type | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Static | Trailing | Trailing | Trailing | Trailing | Trailing | Trailing | Trailing | Static | Static | Static | Static | Static | Static | Trailing | Trailing | Trailing | Trailing | Trailing | Trailing | Trailing |
| Payout Frequency | Bi-weekly; on-demand available as a paid add-on | Bi-weekly; on-demand available as a paid add-on | Bi-weekly; on-demand available as a paid add-on | Bi-weekly; on-demand available as a paid add-on | Bi-weekly; on-demand available as a paid add-on | Bi-weekly; on-demand available as a paid add-on | Daily on demand; one qualifying trading day at 0.5% profit, capped at 2% per request | Daily on demand; one qualifying trading day at 0.5% profit, capped at 2% per request | Daily on demand; one qualifying trading day at 0.5% profit, capped at 2% per request | Daily on demand; one qualifying trading day at 0.5% profit, capped at 2% per request | Daily on demand; one qualifying trading day at 0.5% profit, capped at 2% per request | Daily on demand; one qualifying trading day at 0.5% profit, capped at 2% per request | Bi-weekly; weekly available as a paid add-on | Bi-weekly; weekly available as a paid add-on | Bi-weekly; weekly available as a paid add-on | Bi-weekly; weekly available as a paid add-on | Bi-weekly; weekly available as a paid add-on | Bi-weekly; weekly available as a paid add-on | Bi-weekly; weekly available as a paid add-on | Bi-weekly; weekly available as a paid add-on | Bi-weekly; weekly available as a paid add-on | Bi-weekly; weekly available as a paid add-on | Bi-weekly; weekly available as a paid add-on | Bi-weekly; weekly available as a paid add-on | On demand once five valid trading days at 0.5% profit each are complete | On demand once five valid trading days at 0.5% profit each are complete | On demand once five valid trading days at 0.5% profit each are complete | On demand once five valid trading days at 0.5% profit each are complete | On demand once five valid trading days at 0.5% profit each are complete | On demand once five valid trading days at 0.5% profit each are complete | On demand once five valid trading days at 0.5% profit each are complete | Every 5 days; five valid trading days at 0.5% profit each required | Every 5 days; five valid trading days at 0.5% profit each required | Every 5 days; five valid trading days at 0.5% profit each required | Every 5 days; five valid trading days at 0.5% profit each required | Every 5 days; five valid trading days at 0.5% profit each required | Every 5 days; five valid trading days at 0.5% profit each required | Daily, 0.5% withdrawal threshold, capped at 2% of the initial balance per day | Daily, 0.5% withdrawal threshold, capped at 2% of the initial balance per day | Daily, 0.5% withdrawal threshold, capped at 2% of the initial balance per day | Daily, 0.5% withdrawal threshold, capped at 2% of the initial balance per day | Daily, 0.5% withdrawal threshold, capped at 2% of the initial balance per day | Daily, 0.5% withdrawal threshold, capped at 2% of the initial balance per day | Daily, 0.5% withdrawal threshold, capped at 2% of the initial balance per day |
| Trading Rules | ||||||||||||||||||||||||||||||||||||||||||||
| News Trading | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No |
| Copy Trading | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed |
| EAs Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed |
| Weekend Holding | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No |
| Overnight Holding | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | ||||||||||||||||||||
| Stop Loss Required | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No |
| Refundable Fee | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | Allowed | No | No | No | No | No | No | No |
Leverage Ratios
Maximum leverage by asset class and challenge type
| Asset Class | InstantNo evaluation | 1-StepSingle phase | 2-StepsTwo phases | 3-StepsThree phases |
|---|---|---|---|---|
| FX | 1:50 | 1:100 | 1:100 | — |
| Metals | — | 1:20 | 1:20 | — |
| Indices | 1:10 | 1:20 | 1:20 | — |
| Other Commodities | 1:10 | 1:20 | 1:20 | — |
| Energy | 1:10 | 1:20 | 1:20 | — |
| Crypto | 1:2 | 1:2 | 1:2 | — |
Higher leverage increases both potential profits and risks. The 2-Step challenge offers the highest leverage ratios.
Payout Policy
Profit withdrawal rules and schedules
Requesting a reward. The minimum amount required to request a payout is $100 on the evaluation, Instant Lite, Instant Pro and One Step Pro models. On Instant Rapid the threshold is 0.5% of the initial account balance after one qualifying trading day. Meeting the minimum does not by itself qualify an account: every applicable eligibility criterion and account rule must also be satisfied at the time of the request.
Processing. After a request is submitted the risk team responds within 24 to 72 business hours. Once approved, and once KYC is complete, the payment is processed and sent within 12 hours. The firm publishes a reward guarantee under which a reward delayed beyond 12 hours earns the trader an additional $1,000.
Cycles. The evaluation programs run on a bi-weekly reward cycle, with a weekly or on-demand cycle available as a paid add-on. One Step Pro and Instant Rapid pay daily, Instant Pro every five days, and Instant Lite on demand once five valid trading days are complete.
Methods. Rewards below $300 are paid in crypto, carrying a processing fee of $5 to $12 depending on the provider at the time. Rewards of $300 and above are paid exclusively through Rise, with a fixed $30 processing fee deducted from each payment.
What can void a reward. Opening a trade inside the restricted news window, or holding a position over the weekend on an Instant Funding account, can result in the payout being rejected. On Instant Rapid the maximum reward is capped at 2% of the initial account balance per day, and profit above that cap is removed rather than carried forward.
Instruments & Assets
Available trading instruments and asset classes
Instrument Type
Contract for Difference
Trade price movements without owning the underlying asset
FX
Available
Metals
Available
Indices
Available
Other Commodities
Available
Energy
Available
Crypto
Available
Commission Structure
Trading fees by asset class
Commission is charged on two asset classes and waived on the rest:
- Forex: $7 per lot
- Metals: $7 per lot
- Indices: no commission
- Commodities: no commission
- Crypto: no commission
Commission is not a separate deduction sitting outside the account rules. Together with swap fees, closed trade results and floating positions, it is included in the figures used to evaluate the daily loss limit and the overall drawdown, so the cost of trading counts toward a breach in the same way a losing trade does.
FX
$7 per lot
Metals
$7 per lot
Indices
No commission
Other Commodities
No commission
Energy
No commission
Crypto
No commission
Consistency Rules
Performance requirements to maintain your account
FundedSquad states that it applies no consistency rule on any of its programs. The published account parameters for the Instant Lite, Instant Pro and Instant Rapid models each record the consistency rule as None, and the 1 Step evaluation is documented the same way.
In practice this means no single trading day's profit is capped as a share of total profit, and a trader is not required to spread gains evenly across the trading period in order to qualify for a reward.
Two separate limits do still shape how profit can be taken, and neither is a consistency rule in the usual sense. On Instant Rapid the reward is capped at 2% of the initial account balance per day, with any profit above that removed rather than carried forward. Across the programs, a day only counts toward the minimum trading day requirement when it produces at least 0.5% profit.
Prop Trading Rules
Trading conditions and rules for prop accounts
News trading. News trading is fully allowed during Phase 1 and Phase 2 of the evaluation programs, with no restricted window. On evaluation funded accounts, new trades may not be opened 4 minutes before or 4 minutes after a news event. On instant funded accounts the window is wider: no new trades 5 minutes before or 5 minutes after the event. Holding an existing position through a news release is permitted on every account type, and all-day news events are not restricted. A pending order that triggers inside the restricted window counts as a violation and results in payout rejection.
Weekend holding. Positions may be held over the weekend on all 1 Step and 2 Step evaluation accounts, including every phase. Weekend holding is not permitted on Instant Funding accounts, where positions should be closed before the market closes on Friday at 5:00 PM EST; holding them can result in payout denial. Weekend holding on instant accounts is sold separately as a checkout add-on.
Expert Advisors. EAs are allowed provided they comply with the prohibited trading practices. High-frequency trading EAs and Gold Arbitrage EAs are not permitted.
Copy trading. Copying between FundedSquad accounts is permitted, as is copying trades from your own personal account or from an account at another firm. External copy trading services and third-party account management are prohibited.
Stop loss and take profit. Stop loss and take profit levels are not mandatory. The firm recommends them for risk management but does not require them.
Trade duration and valid days. A minimum trade duration rule of 2 minutes applies, and can be removed through an add-on on account sizes up to $10,000. A day only counts as a valid trading day when at least 0.5% profit is generated before the end of that day.
Firm Rules
Guidelines and restrictions for funded accounts
Hard breach. An account is closed immediately and can no longer be traded when it exceeds either the maximum daily loss limit or the total drawdown limit. The daily limit is re-evaluated at 00:00 UTC, when the system compares closed balance against equity including floating profit and loss, and takes whichever is higher as the new reference point for the day.
Floating loss limits. Instant Pro applies a 1.5% Max Risk Rule: if combined unrealised loss across all open positions reaches 1.5% of the initial balance at any moment, the account is permanently closed. Instant Rapid applies a 1% Max Floating Rule in place of a lot size cap. These operate independently of the daily and overall drawdown limits, and all of them must be respected at the same time.
Prohibited practices. The firm names the following as prohibited:
- Exploiting platform or server issues such as freezing or glitches, and trading on delayed or outdated price feeds
- Latency arbitrage and hedge arbitrage
- High-frequency trading and tick scalping through bots or automated systems
- Martingale strategies, meaning increasing lot size after a loss to recover prior losses
- Layering, defined as holding three or more open positions at the same time on a single asset
- All or nothing trading: using full margin, unreasonably large lot sizes, or positioning without regard to account size or market conditions
Position management. Hedging is not allowed within the same account or across multiple accounts, whether held by the same trader or different ones. No more than 70% of available margin may be used in any single trade or across running trades.
How the numbers are counted. All calculations factor in closed trade profit and loss, floating positions, swap fees and commissions. Instant Funding accounts cannot be merged with other instant accounts or with accounts from any other model.
Retry. Every eligible account includes one free retry at the same account size, which allows a trader to start again without buying a new account.
Restricted Countries
Geographic limitations for account registration
Service Unavailable
Trading services are not available for residents of the following countries due to regulatory restrictions:
If your country is listed above, you will not be able to create an account or access trading services with this firm.
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