Trading Rules & Evaluation Overview
At NowFunded, we offer the following account types:
Evaluation Accounts
1-Step (Trailing)
1-Step Pro (Static Drawdown)
To qualify for a funded account, traders must successfully meet all objectives of their chosen evaluation while adhering to the trading rules.
All accounts are reviewed by our Risk Team once the profit target is reached. Reviews are typically completed within 3 working days.
Instant Funding
We also offer Instant Accounts, allowing traders to begin earning towards payouts immediately without completing an evaluation.
Rule Violations
Failure to follow any rules may result in:
Immediate closure of open trades
Account termination
Loss of eligibility for payouts
2 – Account Objectives
1-Step (Trailing) Account
Trading Period: Unlimited
Minimum Trading Days: 2
Maximum Daily Loss: 3%
Maximum Loss: 5% (Trailing)
Profit Target: 10%
Platform: MetaTrader 5
Leverage: Up to 1:40
1-Step Pro (Static Drawdown) Account
Trading Period: Unlimited
Minimum Trading Days: 2
Maximum Daily Loss: 4%
Maximum Loss: 6% (Static)
Profit Target: 12%
Platform: MetaTrader 5
Leverage: Up to 1:50
Instant Account – 15% Consistency
Trading Period: Unlimited
Minimum Trading Days: 7
Maximum Daily Loss: 3%
Maximum Loss: 5% (Trailing)
Consistency Score: 15%
Max Risk per Trade: 1%
Safety Cushion: 3%
Leverage: Up to 1:40
Platform: MetaTrader 5
Inactivity Rule: 30 days
Instant Account – 20% Consistency
Trading Period: Unlimited
Minimum Trading Days: 5
Maximum Daily Loss: 4%
Maximum Loss: 6% (Trailing)
Consistency Score: 20%
Max Risk per Trade: 1%
Safety Cushion: 3%
Leverage: Up to 1:50
Platform: MetaTrader 5
Inactivity Rule: 30 days
1-Step (Trailing) Evaluation
Within the 1-Step evaluation, the profit target is set at 10% of the starting account balance.
Daily Loss Limit: 3%
The daily drawdown is limited to 3% of your account balance or equity (whichever is higher).
Maximum Loss Limit: 5% (Trailing)
The maximum drawdown is set at 5%, which trails from the highest balance or equity achieved at any point.
Example
Consider starting with a $100,000 account, with a daily drawdown level of $97,000 and a maximum trailing drawdown of $95,000.
If you generate a profit of $5,000, bringing your balance to $105,000, your new daily drawdown for the next day becomes $101,850 (calculated as $105,000 - 3%).
The maximum trailing drawdown will adjust to $99,750 (calculated as $105,000 - 5%), as it follows the highest recorded balance.
If your balance reaches $109,000, the trailing drawdown will move to $103,550 (calculated as $109,000 - 5%).
Drawdown calculations include closed trades, floating positions, commissions, and swap fees.
Resetting Drawdown Levels
The daily drawdown resets each day at 22:00 London time.
The maximum trailing drawdown continuously follows your highest recorded balance or equity.
1-Step Pro (Static) Evaluation
Within the 1-Step Pro evaluation, the profit target is set at 12% of the starting account balance.
Daily Loss Limit: 4%
The daily drawdown is limited to 4% of your account balance or equity (whichever is higher).
Maximum Loss Limit: 6% (Static)
The maximum drawdown is fixed at 6% of the initial account balance and does not move.
Example
Consider starting with a $100,000 account.
Your daily drawdown level is $96,000, and your maximum loss limit is $94,000.
If your account grows to $105,000, your daily drawdown for the next day becomes $100,800 (calculated as $105,000 - 4%).
However, your maximum loss limit remains fixed at $94,000, as it does not trail with profits.
This means you can continue growing the account without the maximum loss level increasing.
Drawdown calculations include closed trades, floating positions, commissions, and swap fees.
Resetting Drawdown Levels
The daily drawdown resets each day at 22:00 London time.
The maximum loss limit remains fixed at all times.
Instant Account – 15% Consistency
Daily Loss Limit: 3%
The daily drawdown is limited to 3% of your account balance or equity (whichever is higher), based on the balance at rollover.
Maximum Loss Limit: 5% (Trailing)
The maximum drawdown is set at 5% trailing, following the highest balance or equity achieved.
Example
Consider starting with a $100,000 account, with a daily drawdown level of $97,000 and a maximum trailing drawdown of $95,000.
If your balance increases to $105,000, the next day’s daily drawdown becomes $101,850 (calculated as $105,000 - 3%).
The trailing drawdown will move to $99,750 (calculated as $105,000 - 5%).
If your balance reaches $109,000, the trailing drawdown adjusts to $103,550.
Consistency Rule: 15%
To maintain consistent trading, no single trading day can account for more than 15% of your total profits.
Additional Rules
Maximum risk per trade: 1%
Safety cushion: 3% buffer before drawdown breach
Resetting Drawdown Levels
The daily drawdown resets each day at 22:00 London time.
The trailing drawdown continuously follows the highest balance.
Instant Account – 20% Consistency
Daily Loss Limit: 4%
The daily drawdown is limited to 4% of your account balance or equity (whichever is higher), based on the balance at rollover.
Maximum Loss Limit: 6% (Trailing)
The maximum drawdown is set at 6% trailing, following the highest balance or equity achieved.
Example
Consider starting with a $100,000 account, with a daily drawdown level of $96,000 and a maximum trailing drawdown of $94,000.
If your balance increases to $105,000, the next day’s daily drawdown becomes $100,800 (calculated as $105,000 - 4%).
The trailing drawdown will move to $98,700 (calculated as $105,000 - 6%).
If your balance reaches $109,000, the trailing drawdown adjusts to $102,460.
Consistency Rule: 20%
No single trading day can exceed 20% of your total profits.
Additional Rules
Maximum risk per trade: 1%
Safety cushion: 3% buffer before drawdown breach
Resetting Drawdown Levels
The daily drawdown resets each day at 22:00 London time.
The trailing drawdown continuously follows the highest balance.
3 – News Trading & Weekend Rules
1-Step & 1-Step Pro Accounts
Holding trades over the weekend is allowed
Trading during high-impact news is permitted
However, there is a restricted window:
No trades may be opened or closed 2 minutes before and after high-impact news
If violated:
Profits from those trades may be removed during payout review
Instant Accounts
Weekend holding is not allowed
Trading during high-impact news is allowed with restrictions
Restricted window:
No trading 10 minutes before and after high-impact news
If violated:
Profits from those trades may be deducted
Excessive reliance on news trading may result in payout denial or account reset
Important Notes
USD news impacts all pairs
Non-USD news only impacts related currency pairs
Indices may also be affected by relevant currency news
Speech events follow the same rules as news releases
4 – Trading Strategy Rules
Traders are free to use their own strategies, including:
Swing trading
Intraday trading
Holding trades over weekends (evaluation only)
However, the following are strictly prohibited:
Arbitrage strategies (latency, reverse, etc.)
Tick scalping or server exploitation
Martingale or grid systems
Hedging across multiple accounts
Group hedging or coordinated trading
Use of Expert Advisors (EAs) or trade copiers
Third-party account management
Violation of these rules will result in:
Account termination
Payout denial
5 – Trading Instruments
You can trade:
Forex
Metals
Indices
Energies
Cryptocurrencies
6 – Account Access
Login credentials are provided after purchase
Instant accounts may require agreement completion before activation
You must not:
Share account access
Modify account credentials
All activity is monitored to ensure compliance.
7 – Payouts & Profit Split
Evaluation Accounts (1-Step & 1-Step Pro)
Payouts available every 14 days
Profit split: up to 80%
Instant Accounts
Payouts available every 14 days
Profit split: up to 90%
8 – Account Limits & Allocation
The maximum allocation is:
$200,000 in 1-Step accounts
$200,000 in Instant accounts
$400,000 total combined allocation
Account merging is not permitted.
9 – Refund Policy
All purchases are final.
Refunds are not provided under any circumstances.
10 – Inactivity Rules
Evaluation Accounts: No inactivity limits
Instant Accounts:
Account will be terminated after 30 days of inactivity following the first trade
11 – IP & Account Security
For security purposes:
Your IP location should remain consistent
Any major location changes may require verification
If you plan to travel, notify support in advance.
12 – Platform & Leverage
All accounts are operated on:
MetaTrader 5 (MT5)
Leverage varies by account type (as listed above).
