FAQ

In the 1 Phase Challenge, we evaluate your performance on a Demo account. Once you achieve the profit target, you become eligible for a profit share of 60%. We do not offer refunds for any challenges.

There is no restriction on the number of Challenge accounts you can have. Additionally, you are permitted to have up to a total of 600,000$ in combined account sizes for these live accounts.

We offer this profit split model, which we consider the best option for you! HFT Challenges: 60% at 30 Days 1st profit split 10 minimum trading days 60% at 21 Days 2nd profit split 5 minimum trading days 60% at 10 Days 3rd profit split & beyond 5 minimum trading days

On any given day, it is important to adhere to our maximum daily drawdown rule, which states that the loss must not equal or exceed 5% of the initial account balance. The formula to calculate the maximum daily drawdown (MDD) is as follows: MDD = 5% x Initial Account Balance. Additionally, the daily stop-out level (DSL) is determined by subtracting the maximum daily drawdown from the start of day account balance. Please note that the maximum daily drawdown includes swaps, commissions, and spreads. The MDD resets every day at Midnight Broker's Time. Let's consider an example to better understand how this rule works: Suppose you start with a $50,000 challenge and an initial account balance of $50,000. On day 3, your account balance reaches $54,000. On that same day: Your maximum daily drawdown (MDD) would be $50,000 x 5% = $2,500. Your daily stop-out level (DSL) would be $54,000 - $2,500 = $51,500. Now, let's explore a few scenarios: Scenario #1: If your daily starting account balance is $54,000 and you incur a loss of $1,000 earlier in the day, you will still have room to lose the remaining $1,500 by midnight broker's time. You would be stopped out when your account balance (including any open trades) reaches $52,000. The next day, the MDD would reset and be calculated based on the new day's starting account balance. Scenario #2: Suppose your starting account balance is $54,000, and you earn a net profit of $3,000 earlier in the day. The maximum daily stop-out level remains $51,500 since it is based on the daily starting account balance. In this case, you can afford to lose $5,500, which is the $3,000 profit you made earlier plus the $2,500 maximum daily drawdown. Your account would only be terminated if you reach $51,500 due to breaching the maximum daily drawdown. Scenario #3: Consider a scenario where your starting account balance is $54,000, and you make a net profit of $3,000 earlier in the day. However, you have open trades with total floating losses of $5,500. The maximum daily stop-out level remains $51,500. In this case, you need to monitor your floating losses. You won't violate the maximum daily drawdown rule on the same day since your total loss for the day is only $2,500 ($3,000 closed net profit - $5,500 floating losses), which is below the maximum daily drawdown of $2,000. However, if you leave those positions open until the next day (after midnight broker's time), breaching the maximum daily drawdown rule would occur since you would end up with $5,500, exceeding the $2,500 maximum daily drawdown limit. It is crucial to manage risk effectively and ensure you do not surpass the maximum daily drawdown limit to avoid account termination.

The "Maximum Loss" refers to a fixed USD amount that you may experience on any given day, calculated from the initial account balance. In our platform, the Maximum Loss is set at 10% of the Initial Account Balance. The formula to calculate the Maximum Loss is as follows: Maximum Loss = 10% x Initial Account Balance. Furthermore, the stop-out level (SL) is determined by subtracting the Maximum Loss from the initial account balance. For instance, if your initial account balance is $100,000, your stop-out level would be $100,000 - ($100,000 x 10%) = $90,000. It's important to note that the Maximum Loss is intended to limit your losses to a specific fixed amount, which is a percentage of your initial account balance. In this case, your losses should not exceed 10% of your initial

No it's not required but we recommend to use it .

Prior to utilizing an Expert Adviser (EA) during the experienced trader stage, it is advisable for the trader to ascertain that the EA or trading style being used does not fall into any of the following categories. We suggest that traders consult with the developer of the EA they plan to use before continuing with its usage during the experienced trader stage. Below, we have provided the name and definition of the strategies to which attention must be paid if intending to use an EA on this program. Grid Trading or Grid Trading EA’s: Grid trading is when orders are designed to be placed above and below a set price, creating a grid of orders that increase or decrease incrementally along with the chart price. Having 2 trades open at a time is not considered as grid trading, however, once there are 3 or more positions in the trading session with each following order stacked as the original position moves into drawdown, this classifies more towards grid trading. The process for identifying Grid Trading most often than not follows the below-stated points: Determining the starting price for the grid. Choosing an interval, such as 10 pips, 50 pips, or 100 pips. Determining whether the grid will be with-the-trend or against the trend. Martingale Martingale is a methodology to amplify the chance of recovering from a losing streak by constantly increasing the lot size of new trades in order to circumvent any loss taken. This strategy involves doubling up losing trades and reducing winning trades by roughly half. Opening subsequent trades on an asset with a difference in ≈50% of the prior trade would result in martingale. EA’s which incrementally open higher lots while price moves against the direction of the orders adding up to a substantially higher lot size than the first would also classify as Martingale. Guaranteed limit orders Placing limit orders with SL and TP using high lot sizes around periods of high-impact news or high volume. In such a scenario, there is no guarantee that the order gets filled at the same price through live market conditions and occurrences of slippage. For example, if a trader was to place a buy stop above price, and a sell stop below price before a high impact news event such as FOMC, this would classify as a guaranteed limit order approach. This type of approach is based on entirely different outcomes each time depending on order fills, slippage, and market conditions. Toxic trading flow Reckless risk-taking ,impulsive behavior and overtrading. Risking more than 3% in a trade is something we don't want our traders to do .

1. Lot Size Consistency Range RuleThe first thing to note, it that require our traders participate in 10 minimum trading days for first withdraw, 5 minimum trading days for the next withdrawals! 1.) Lot Size Consistency Range Rule The average trade size, calculated at the time of your payout review, is used to establish a trading range. This range is determined by adding 50% to your average trade size to set the maximum value and subtracting 50% to set the minimum value. For instance, if your average trade size was 10 Lots, any trades falling within the range of 5 to 15 lots would be considered consistent with your average trade size and indicative of a normal trading day. Trades that are opened in 60 seconds intervals on the same pair are calculated as one trade and the lot size will be equivalent to their total amaount . Example : You open a trade on xausud 2lot at 10:52:30 am and you open another one xauusd 2 lot at 10:52:56 am it will be calculated as a single trade of 4 lot size ! Please note, the consistency rule applies only to the funded stage. Trades that are inconsistent with the trading range are subject to review/deduction from total profit split. The lot size consistency range calculation is determined by all closed orders on an account from the first trade into the requested withdrawal date. Your average trade is a final number which is calculated once a payout is requested. To calculate your average, divide the total lot volume traded throughout the period by the total number of closed orders. After finding your average, simply multiply by 0.50 and 1.50 to find the bottom and top of your consistency range. Please note that partial orders will be treated as separate orders for the consistency calculation, as the metric is based on closed orders. Lot Size Consistency Range Calculation: Total Lot Volume Traded/Trades Executed: Lot Size Average Lot Size Average x 0.50: Bottom of Consistency Range Lot Size Average x 1,50: Top of Consistency Range

We are a proprietary trading firm that permits HFT EA during our demo phase challenge. Due to this, we enforce strict rules for all gamblers and undisciplined traders. We require proof of your consistency, which is why all rules are lifted after the third payout! A profit cap of 5% means you can’t withdraw more than 5% of your purchased account size. For example, if you purchase a 100k account and make a 10k profit (a 5% profit cap), you will receive 60% of this profit on your first withdrawal, which is 3k. Thus, with a 100k account, you can earn up to 5k (5%), and your first withdrawal would be 60% of this amount.

The only rule is that the account cannot make 30% of the profit on a single day.

No we don't allow copy trading

When you sign up, you will receive your login credentials within 10 minutes. If you do not see the email with your login information, please check your spam folder. If you still cannot find the login email after checking your spam folder, contact our support team at info@fastforexfunding.com. Our team will promptly assist you and resend the login details.

Great job! To have your account reviewed, please send an email to support@aurafunded.com and include the following information: 1. Account name 2. Account number After reviewing your account, we will contact you with the next steps. Kindly allow up to 24 hours before sending any follow-up emails

We ask for KYC once passing the Evaluation or challenge to verify your identity. Therefore, we will ask for one of the following: 01. Proof of Address: Internet Broadband Bill, Utility Bill, Tax Document, or Bank Statement no older than 3 months.02. Proof of Identity: ID, Passport, or Driving Licence.

Currently we offer crypto withdrawals and bank transfer .

Yes, as we are on the lookout for individual traders and often make payouts to bank account for our live traders. As such accounts must be created in your own name.

Due to regulatory conditions, we are unable to offer services to traders residing in the following countries: Cuba, Iran, North Korea, Myanmar, Russia (or the Crimea, Donetsk, or Luhansk regions of Ukraine), Somalia, and Syria. The provision of services is not extended to individuals who appear on sanction lists, possess criminal records associated with financial crime, or terrorism, or have been previously prohibited due to breach of contract, with no allowances. Can US residents buy challenges? As of 20th February 2024, residents of the United States are able to purchase challenges on this site only for dxtrade platfrom.

Our website offers convenient payment options for your ease. We primarily accept payments through credit/debit cards and Digital payments!

Forex Majors: EURUSD, GBPUSD, NZDUSD, AUDUSD, USDCHF, USDCAD, USDJPY.‎ Forex Minors : EURGBP, EURNZD, EURAUD, EURCHF, EURCAD, EURJPY, GBPNZD, GBPAUD, ‎GBPCHF, ‎GBPCAD, GBPJPY, NZDAUD, NZDCHF, NZDCAD, NZDJPY, AUDCHF, AUDCAD, AUDJPY, ‎CADCHF, CADJPY, ‎CHFJPY. ‎Commodities: Gold, Silver, Oil. Major Index Stocks: S&P500, US30, US100, DAX, UK100, F40, JP225, STOXX50, AUS200. Crypto currency: Bitcoin, Ethereum, Bitcoin Cash, ETC

MT4/MT5 - provided by Eightcap Dxtrade

There is a 30-day inactivity period on all our funding programs. If a funded account has no trading activity for 30 consecutive days the account will be terminated and archived. If you plan to take a break from trading for a period of more than 30 days, then please email our support to freeze your account until you're ready again to continue trading at support@aurafunded.com

Yes you can

Yes you can

There are no profit targets required to be reached on the live funded account. However, the account must end in a positive balance at the end of the 30 day trading period and the minimum amount to make a withdrawal is 100$