The rules.
In plain English.

• What happens if I breach a rule?

  The account is disabled straight away and you get an email telling you which rule was broken. Every account can be reset up to 3 times: buy a reset and the account goes back to its starting balance so you can carry on. After the third reset the account cannot be restored and you would need to buy a new challenge.

• Can I hold trades over the weekend?

  Yes. Weekend holding is allowed on every challenge type: Standard, GFF+, HFT and Instant Funding.

• Can I trade during news events?

  Yes on Standard, GFF+ and HFT. Instant Funding accounts cannot trade during major news events.

• How is the consistency rule calculated?

  On Standard Funded and GFF+ (challenge and funded), no single trade or trading day can make up more than 25% of your total profits. On Instant Funding, no single trading day can be 20% or more of your profits in a payout period. Going over it holds the payout until more trading brings your best day back under 20%. It never terminates the account. HFT has no consistency rules.

• Is one sided betting allowed?

  No, not on Standard Funded, GFF+ Funded or Instant Funding accounts. One sided betting means only ever buying or only ever selling the same instrument across a session or day instead of trading both sides based on price action. It also covers opening several same-direction positions one after another to ride a trend rather than holding one properly sized position, and keeping the same directional bias across several days. If we find it, the related profits may be voided and in serious cases the payout request may be refused. HFT funded accounts are exempt.

• When can I request a payout?

  After 14 trading days on your funded account. Standard and GFF+ also need 30 active days since activation. Instant Funding only needs 14 active days plus 5 profitable days of 0.5% or more. GFF+ funded accounts are paid weekly, everything else every two weeks.

• What is the minimum withdrawal amount?

  $100 for Standard, GFF+, and Instant Funding accounts. For HFT funded accounts, the minimum withdrawal is 10% of your starting balance (e.g., $2,500 on a $25,000 account).

• What happens after a payout?

  Your account balance is reset to the original account size after each payout. For example, if your funded account started at $100,000 and you withdraw profits, the balance resets to $100,000.

• Can I use Expert Advisors (EAs)?

  On the HFT Challenge, yes, with no restrictions. On the other challenge types you can use an EA as long as it does not rely on HFT, grid, martingale or arbitrage.

• How is the max drawdown calculated?

  Max drawdown is calculated from your highest equity point (high water mark), not from the starting balance. For example, if your $100,000 account reaches $110,000 equity and then drops to $103,000, your drawdown is $7,000 (from the $110,000 high water mark).

• Is there a time limit to pass the challenge?

  No. Take as long as you need to reach the profit target. Evaluations do not expire on any challenge type.

• Do you refund challenge fees?

  On GFF+, yes: your challenge fee is refunded in full with your first payout from the funded account. Standard, HFT and Instant Funding fees are not refundable.

By purchasing any challenge from Global Forex Funds, you acknowledge and agree to abide by these rules. Violation of any rule may result in immediate account termination without refund. All accounts operate in a simulated trading environment using demo accounts. Global Forex Funds reserves the right to modify these rules with prior notice to active traders. These rules are effective as of the date of your purchase and form part of our Terms of Service. If you do not agree with these rules, please do not purchase a challenge.