To access a funded account, all traders must successfully complete our Evaluation process. Choose your desired account size and challenge from the list of our challenges and start your Evaluation. Upon successfully completing this process, you will qualify for a funded account and become a MasterTrader.
Each trader is permitted to have only one account. Within this account, you may engage in multiple challenges simultaneously, provided the combined balance does not exceed $400,000.
If you wish to open a new account for any reason, you must first contact us at support@masterfunders.com to request the closure of your existing account. This process must be completed before a new account can be initiated to ensure compliance with our one-account-per-trader policy.
You can trade multiple challenges at the same time but the maximum sum of the combined balances should not exceed $400,000. At the funded stage, we allow you to merge balances of successful challenges up to $400,000.
Yes, you can review all your trading information and challenge status at the Client Area section of the platform.
No, currently we do not offer 1-step challenges nor Instant Funding.
The evaluation starts the moment you successfully complete the payment of the fee.
Yes, the evaluation fee is refundable after you successfully complete our Evaluation process and pass Verification. Only exception is the 24 hour Speed Challenge, where if you pass the challenge instead of refunding the fee, you will get a free Core Challenge with the same initial balance.
In most account reviews, the procedure takes place automatically after the completion of the challenge. However, in some cases where additional time is needed it might take 1-2 business days.
The payouts are processed within 1-2 business days upon confirmation of the payout request. You can receive your profits by a regular bank wire transfer, Skrill or cryptocurrencies. MasterFunders doesn’t charge any commissions for Payouts. Whatever amount of profit you generate, you are entitled to withdraw your Profit Split. The default is 80% but if certain conditions are met, it can increase up to 90%. The minimum payout from commissions a MasterPartner can request is $50 (incl. transfer fees).
Depending on your country of residence, we have different range of payment options like credit/debit cards, bank transfers, mobile/online payments, mobile money, cash and prepaid cash cards, digital wallets, electronic funds transfers, cryptos etc.
Second Life is a feature that every trader can use once per month. How it works? If you lose a challenge in the second step (Qualifying phase), you can send an email to our support (support@masterfunders.com) and request your second life to get activated. When activated, the next challenge you will purchase within the same month, you will pass to the second step and continue where you left off. Important note! This second challenge needs to be equal or lower balance amount compared the one you previously failed.
Reset feature is a feature a trader can use only once. How it works? In your first challenge with MasterFunders during the first step, if you are below 25% of loss of your Maximum drawdown, you can send an email to support and ask to reset your balance and start over from the beginning.
Yes, there is a scaling plan. You can increase your initial balance by 25% every quarter to a maximum of 100%. In order to qualify for an increase, you need to perform a 10% profit target each quarter with a minimum of 4 payouts during that time and your account balance needs to be above the initial account balance (in profit) at the time of scale-up.
The minimum age to open an account and trade with MasterFunders is 18 years. However, if the laws of the trader’s country of origin stipulate a higher age limit for legal trading, those laws will be applied. Traders must meet the age requirement of their respective jurisdictions to participate.
Unfortunately for the present moment we don’t offer our services to citizens of the following countries. United States of America, The Russian Federation, North Korea, Cuba, Iran, The Republic of Belarus Syria. Please stay updated for any changes in the future.
You can trade in Forex, Commodities, Indices, Stocks and Cryptos. Forex, Commodities and Indices have opening commission $1 per lot, Stocks 0.10% per lot and Cryptos are commission free.
Instrument Type | Core Challenge | Lite Challenge | 24 Hour Speed Challenge |
Forex | 1:100 | 1:100 | 1:500 |
Commodities | 1:40 | 1:40 | 1:100 |
Indices | 1:40 | 1:40 | 1:50 |
Stocks | 1:5 | 1:5 | 1:20 |
Cryptos | 1:2.5 | 1:2.5 | 1:10 |
Slippage is when your order isn’t precisely filled due to the absence of a matching order at that specific price point in the order book. As a result, your trade will be executed at the closest available price. Therefore, and since the conditions are simulating live market conditions; if you use higher lot sizes, the chances of slippage increases. Volatile market moments is another factor that increases the chances of slippage.
There is no max lot limit but we advise our traders to follow wise risk management practices and not get themselves over exposed in a single position.
No, all trading takes place in demo environment. Therefore, if you fail the challenge, you will not have to pay any money besides the initial fee you paid to purchase the challenge.
We are using our in-house trading platform.
There are no minimum or maximum trading days rules in any of the challenges. However, since the 24-hour Speed Challenge lasts 24 hours, you will have to achieve the trading objectives within that time.
Profit Target is the total amount of PnL (%) that you need to reach in order to successfully pass a step and proceed to the next step. The profit target to be reached successfully all positions should be closed.
Maximum Loss is the maximum amount of loss that if reached the challenge is considered as failed.
For example, if you start a challenge with initial balance $100,000 and maximum loss allowed is 10% then your challenge balance should not go below $90,000 including realized/unrealized positions.
Maximum Daily Loss is the maximum amount of loss in a single day that if reached the challenge is considered as failed. Day resets at 00:00 GMT+2.
Yes, in addition to the general trading rules applicable to all challenges, the 24-Hour Speed Challenge includes specific requirements. Participants must execute a minimum of five unique successful trades, each achieving at least 2% profit. A trade on the same asset qualifies as “unique”, if it is initiated at least 30 minutes apart from any other successful trades on the same asset. Trades involving different assets do not require a time difference to qualify as unique, provided each achieves over 2% profit.
Yes. At MasterFunders, we believe that market opportunities can arise at any moment. Therefore, we are keen to offer as much flexibility and freedom to our traders including overnight positions and trading over the weekend.
Yes, News Trading is allowed as well.
No, currently EAs & Trade Copiers are not allowed.
Yes, there is a 30 day maximum inactivity rule. This means you can’t stay inactive without a trade for more than 30 days when a challenge is open. If you breach this time limit the challenge is considered as failed.
To ensure the security and compliance of our trading environment, the use of VPNs (Virtual Private Networks) is prohibited, unless explicitly approved by MasterFunders. If you need to use a VPN, please submit a request through our support system at support@masterfunders.com. Approval will be granted based on the justification provided and in accordance with our security protocols. Unauthorized use of VPNs may lead to restrictions on your trading account.
At MasterFunders, we maintain a fair and stable trading environment by prohibiting certain strategies that can disrupt market integrity or violate regulatory standards. Therefore:
(a) It is prohibited to perform any sort of Gap Trading, Server Spamming, Front Running, High-Frequency Trading, Arbitrage or Straddling strategies, or any other approach which exploit errors in the service such as errors in the display of prices or delays in their update, or any approach which gives the trader an unfair advantage.
(b) It is prohibited to perform trades in contradiction with how trading should be performed in the financial markets in a way which causes MasterFunders harm, for example, scalping, latency arbitrage, revenge trading, over-leveraging, over exposure, one-sided bets, account rolling etc.
(c) It is prohibited to hedge across accounts, for example, purchasing two accounts and hedging between them.
(d) It is prohibited to use any 3rd party account management or challenge passing services.
(e) It is prohibited to collaborate with other traders in any way. For example, simultaneously entering opposite positions on different accounts, or multiple traders placing the same trades.
(f) It is prohibited to demonstrate, Gambling or all-or-nothing behavior. Decisions will be made at our discretion.
(g) It is prohibited to exploit platform issues or errors as well as other technical problems in order to profit from conditions that don’t simulate normal market conditions.
(h) After achieving funded status, traders must continue to use the same strategy when funded as during the Challenge. A change of trading strategy may include but is not limited to;
Violating any of the trading rules will result in immediate failure of the challenge.
Partners can sign up for the program through the company’s website or platform. They may need to provide some basic information and they have to agree to the program’s terms and conditions.
Upon approval, partners are provided with unique tracking links or codes, which they can share with their audience. These links/codes track the sales and actions generated by the partner’s referrals.
Partners promote the company’s products or services through various channels such as their website, social media accounts, email newsletters, or other marketing channels. They can use their unique tracking links or codes to ensure that their referrals are properly attributed to them.
MasterPartners program is a tiered commission structure based on unique active referrals. Partners earn different commission rates depending on the number of successful referrals they make.
Tier 1: 15% commission for 1-50 unique active referrals
Tier 2: 20% commission for 51-150 unique active referrals
Tier 3: 25% commission for 151-350 unique active referrals
Tier 4: 30% commission for 351 or more unique active referrals
At MasterFunders, we are happy to offer a lifetime payout structure allowing our partners to continue to earn a commission on all future purchases or actions made by that referral for as long as they remain active.
Active referral is considered any referral that has still an active challenge in the evaluation stage or less than 90 days have passed since the end of their last challenge and they also have reached a total purchase amount of $50 or above within this time period. If a challenge has ended within this time period but purchased before, it will be included in the calculation of the total purchase amount.
Commissions are typically paid out on a monthly basis payout schedule. Partners may receive their payments via various methods such as bank transfer, crypto, or other payment processors.
The minimum payout funded traders can receive is 1% of the Account excl any commission (eg for 10k account is $100)
Upon approval for the MasterPartners program, you will have access to a vast collection of effective marketing resources and instruments that will help you promote MasterFunders with pride and produce results. These consist of landing pages, articles, videos, e-books, webinars, reviews, animated and static banners, reporting, and analysis.
Partners have access to a dashboard and portal where they can track their performance, including the number of referrals, sales generated, and commissions earned.
No, there are no additional criteria. However, and in order to ensure compliance with the terms and conditions of the affiliate program and to maintain the integrity of the partnership between Partner and MasterFunders, before approval the company will review and verify that Partners haven’t participated in any unlawful behavior such as fraudulent activity, violation of terms & conditions, breach of contract, chargebacks and/or refunds etc.
Are you prepared to take on our challenge and become one of our esteemed traders? Experience the entire process absolutely free of charge.
