Indian Markets
We are able to trade Indian CFDs on various exchanges with 50/50 profit split on funded accounts.
We use VertexFX Trader for Indian markets and DXTrade for international markets.
To see the list of Indian Stocks you can trade, click here.
We do not offer options or futures trading for Indian or international markets at this time.
Challenge
The trailing drawdown on a 1-phase challenge is a dynamic risk limit that follows your highest achieved balance during the challenge. As your account grows in profit, the drawdown threshold moves accordingly, but it will never recede once it has hit its maximum allowable value. If your equity falls below the trailing drawdown limit, your challenge will be considered failed.
The static drawdown on a 2-phase challenge is a fixed risk limit that does not change as your account grows in profit. It remains at the same level throughout both phases of the challenge. This gives traders more flexibility because the drawdown threshold doesn’t trail behind the account balance. However, you must still maintain risk discipline to avoid breaching the static drawdown limit.
- For 1-phase challenge accounts, there is a 10% profit target, a 5% maximum daily drawdown, and an 8% maximum drawdown.
- For 2-phase challenge accounts, there is a 10% profit target for phase 1 and a 5% profit target for phase 2, with a 5% maximum daily drawdown and an 8% maximum drawdown.
General
Our minimum payout is $100.
Our payouts are done via cryptocurrencies and require KYC verification.
We display past payouts on our website and post payout announcements on our Discord channel.
We do not offer options or futures trading for Indian or international markets at this time.
Rules
We only allow traders to register a single profile with 49 Funded. Creating multiple profiles, including using different email addresses for the same person, is not permitted and could affect your ability to become a funded trader or participate in our competitions. Maintaining one profile ensures compliance with our policies and provides a fair trading environment for all participants. If you have any questions about this, please feel free to contact our support team via live chat or email: [email protected].
Yes, you can copy trades between your 49 Funded accounts and to other accounts on our platform. However, if you wish to copy trades from other accounts to your 49 Funded accounts, you are required to provide us with a copy of the master trading account statement in HTML format before you can start copy trading. Copying trades from a third party is a violation of our terms and conditions.
We have no restrictions on trading lot sizes, giving our traders complete freedom to trade exactly as they choose.
Yes, you are allowed to trade during news events. However, we recommend careful risk management as news events can cause significant market volatility, which may increase the risk of large drawdowns or hitting the maximum daily loss limit or the overall drawdown limit.
Yes, you can hold positions overnight and over the weekend. We do not impose restrictions on holding trades open during these periods. However, please ensure you manage your risk, as the markets can be more volatile when reopening after weekends or holidays.
If you exceed the maximum drawdown limit, your account will be considered in violation of our risk management rules, and the account will be closed. You will need to follow the guidelines for reapplying if you wish to continue trading.
Unfortunately, if you are unable to complete our Know your Customer (KYC) process we will not be able to continue to provide our services. These measures are essential to ensuring the highest standards of security and compliance, protecting all our clients, and maintaining the integrity of our services.
When you achieve a funded account the same rules will apply as the challenge account except there is no profit target! Please note that Phase 1 and 2 Phase challenge accounts have different parameters and drawdown rules. Please select the appropriate plan depending on your trading strategy.
Yes, if you do not place a trade at least once every 30 days you will forfeit your account.
If you hit the profit target early, you can continue trading until the end of the evaluation period or submit a request for evaluation completion. For funded traders, you can request your payout as soon as you meet the payout eligibility criteria.
No, we allow the use of expert advisors (EAs) and automated trading strategies as long as they comply with our risk management rules. However, strategies involving latency arbitrage, high frequency trading or other forms of exploitative trading are strictly prohibited.
Unfortunately, challenge fees are non-refundable, as they cover the costs associated with providing the platform, account, and support for your trading. We recommend carefully managing your risk to maximize your chances of passing.
No, 49 Funded does not charge any monthly fees or impose hidden charges on funded accounts. The only cost is the initial challenge fee, which grants you access to the evaluation process and potential funded trading opportunities.
Instant Funding
Instant Funding is a unique program from 49 Funded that lets you dive directly into Funded Trading. Unlike the standard challenge programs, the 49 Funded Instant Funded program bypasses the usual evaluation steps, allowing traders to begin trading with a funded account immediately. For further details, please refer to the other FAQs about Instant Funding or reach out to [email protected].
When you request a withdrawal, the maximum drawdown will be locked to your initial balance, regardless of any profits earned. This means that any profits you’ve gained will act as a buffer, but withdrawing those profits will reduce that buffer. Withdrawing all available profits may put your account at risk of breaching the drawdown limits.
The Instant Funded program has a 6% maximum trailing drawdown.
The daily drawdown for all Instant Funded programs is set at 4%.
The drawdown type is trailing.
There are no set minimum or maximum trading days. However, your first payout can only be requested 14 days after executing your first trade. Additionally, there’s no specific time frame to hit your profit targets.
Payouts are issued every 14 days under the Instant Funding program, with a minimum withdrawal amount of $50 USD.
No, copy trading is not allowed on Instant Funded accounts.
Yes, you can hold positions over the weekend if you purchase the add-on. Without the add-on, positions will be closed automatically over the weekend. Any trades still open at 3:45 PM EST on Friday (75 minutes before the market closes) will be closed by 49 Funded at the current market rate. If any breaches occur due to position closures, the responsibility lies with the trader. Note that trading is not available over the weekend, and the market reopens at 5:00 PM EST on Sunday.
The Instant Funding program can be accessed through DX Trade accounts.
Instant Funded accounts are limited to one active account at a time. While you can have multiple Instant Funded challenges, only one can be traded at any given moment. If you are actively trading one account, you must wait until that account is breached before starting another.
You can attempt again by purchasing another Instant Funded program.
There is no cap on the amount of profit you can generate.
No, refunds are not provided alongside your first withdrawal in the Instant Funded program.
There are no restrictions on the instruments you can trade.
KYC must be completed before you can request a payout. This can be done through the profile section in your dashboard. For any questions regarding KYC, please contact [email protected].
If you violate any of the rules, your account will be breached, and you will no longer be able to trade on that account.
Payouts can be requested every 14 days.
No, the use of EAs, bots, or copy trading on Instant Funded accounts is prohibited and can result in the termination of your account.
There are no resets or retries in this program. If your account is breached, the only way to try again is to purchase a new Instant Funded program.
Yes, if your account remains inactive for 60 days, it will be breached, and this cannot be reversed.
No, news trading is not allowed on Instant Funded accounts.
