QuickFunded is a proprietary forex trading firm based in London, UK. We provide funding to traders who pass our evaluation challenge, enabling them to trade with our capital under simulated real market conditions.
QuickFunded is headquartered at 128 City Road, London, EC1V 2NX, United Kingdom.
QuickFunded offers a one-step challenge. Traders who successfully pass these challenges receive funding to trade with our capital.
We utilize the Match Trader platform, which supports a variety of financial instruments. Platform login link: QuickFunded Dashboard
You can trade Forex, Energies, Commodities, Indexes, and Cryptocurrencies on our platform.
We provide leverage of:
Yes, you will be trading on a demo account that simulates real market conditions. This setup allows us to evaluate your trading performance while offering a realistic trading experience.
No, changing your trading account password is not permitted.
You can hold only one account until we start offering a two-step challenge.
You can pay the account fee using the following payment methods:
If you exceed the daily or maximum drawdown limits, our system will automatically lock your trading account and switch it to read-only mode. This will be reflected in your dashboard, marking the account status as "Failed."
No, the use of VPNs is not permitted.
No, we do not offer any discounts upon passing the challenge.
No, QuickFunded does not currently offer a referral program.
After passing the challenge, the following fees apply to obtain a funded account:
You are required to pay the fee for the funded account within 15 days after receiving the payment link in your client area, following the successful completion of the challenge.
Yes, trading accounts should ideally be accessed from a consistent geographical location.
Significant geographical IP changes require prior notification to the firm.
We understand that people travel for work, and changes in IPs are normal. However, frequent and drastic IP changes in a short period (beyond what is possible through normal travel) will be considered a violation of our rules.
This rule ensures fair trading and enhances account security. If you are traveling, there’s no issue, but if your account shows suspiciously fast location changes, it may trigger a review.
Example: Suppose you live in the U.K. Is it possible to travel from the U.K. to Dubai in just 5 minutes? Of course not. Similarly, your IP address shouldn't show sudden, extreme changes in a short time.
The daily drawdown is initially set at 5% of your starting balance. It is recalculated based on your daily balance at each market rollover (00:00 UTC+0).
The maximum drawdown limit is 10% of your account's initial balance.
To successfully pass the challenge, traders are required to achieve a profit target of 10%.
The daily drawdown is set at 5% of your starting balance or scaled account balance. It updates daily at market rollover (00:00 UTC+0), based on the higher value between your starting equity and your balance at that time.
Example:
If your equity at 00:00 UTC+0 is $102,000, but your balance is $100,000, your daily stop-out level will be $96,900 until the next rollover, when it resets based on your updated balance.
This approach helps traders manage risk effectively and adapt their strategies to maintain account stability.
Risking your entire account balance on a single trade is strictly forbidden. Additionally, you cannot risk more than 50% of the trading balance on the daily drawdown limit on a single trade. Engaging in excessively risky trading practices violates our terms and will result in account termination.
Hedging, which involves opening opposing positions on the same asset, is also strictly prohibited, even across multiple accounts owned by the same trader. This practice undermines fair trading and compromises the integrity of our platform.
The use of third-party Expert Advisors (EAs) is not allowed and will result in account closure. However, if you have developed a custom EA and are willing to share the source code with us and explain the strategy, you may be eligible to use it.
For Challenge Accounts: Trading economic news events is allowed during the challenge phase.
For Funded Accounts: Trading economic news events is strictly restricted on funded accounts. If you have open positions, ensure that your stop-loss (SL) and take-profit (TP) levels are not triggered during these times. Additionally, refrain from opening new positions within 2 minutes before or after major news releases.
Each trader is expected to develop and execute their own trading strategies independently. Collaborative trading efforts, such as copying trades or trading collectively as a team, are prohibited on our simulated trading platform.
There are no specific restrictions on lot sizes for trades conducted on our platform.
While we do not mandate the use of stop-loss orders, we highly recommend their use as a risk management tool to protect your trading capital.
The maximum allowable risk per trade is not more than 50% of the daily drawdown limit. Exceeding this limit violates our terms and can lead to account termination. Always adhere to the risk management rules to maintain compliance.
Trading accounts are strictly for individual use, and no third parties are authorized to trade on behalf of the account holder.
Trading activities are permitted over weekends, specifically for cryptocurrencies.
There are no specific requirements regarding the frequency or pattern of trading activities on our platform.
Accounts are automatically closed following 30 days of inactivity. To maintain active status, ensure at least one trade is executed within every 30-day period.
The use of third-party Expert Advisors (EAs) is prohibited. However, if you have developed a custom EA and are willing to disclose its source code and trading strategy, you may request approval to use it.
A minimum of 3 trading days is required for both challenge and funded accounts.
There is no time limit for completing the challenge period. However, traders must execute at least one trade every 30 days to maintain active status.
You will receive your Certificate within 24 hours of passing the challenge, only after completing the KYC verification and required payment.
After you pass our evaluation process, you need to sign the contract for the Quick Funded Trader account. To verify your identity, we require a valid passport, ID, or driver's license, along with a photo of yourself holding the document with your name clearly visible. This verification process may take up to 1-2 business days.
The profit split in our firm is 80/20, with traders keeping 80% of the profits.
Quick Funded processes payouts for funded accounts biweekly, ensuring traders receive their profits promptly and consistently.
We offer bank wire transfers and USDC (USD Coin) for withdrawals. For USDC, we support the following networks:
Choose the method and network that best suits your needs!
There is no payout target, but you must withdraw a minimum of $50. The payouts are processed within 2-5 business days (excluding weekends).
No open positions should be active at the time of the payout request, and the account balance must be above the starting balance to be eligible to submit a payout request.