Quick FAQs

In our FAQ section, you can find all the information you are looking for.
We are happy to help.

General Question

What is QuickFunded?

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.

Where is QuickFunded located?

QuickFunded is headquartered at 128 City Road, London, EC1V 2NX, United Kingdom.

What funding models does QuickFunded offer?

QuickFunded offers a one-step challenge. Traders who successfully pass these challenges receive funding to trade with our capital.

What trading platform does QuickFunded use?

We utilize the Match Trader platform, which supports a variety of financial instruments. Platform login link: QuickFunded Dashboard

What instruments can I trade with QuickFunded?

You can trade Forex, Energies, Commodities, Indexes, and Cryptocurrencies on our platform.

What leverage does QuickFunded offer?

We provide leverage of:

  • 1:50 on Forex
  • 1:10 on Energies
  • 1:20 on Commodities
  • 1:20 on Indexes
  • 1:2 on Crypto

Will I be trading on a demo account?

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.

Can I change my trading account password?

No, changing your trading account password is not permitted.

How many accounts can I purchase?

You can hold only one account until we start offering a two-step challenge.

How can I pay the account fee?

You can pay the account fee using the following payment methods:

  • Debit or Credit Card
  • USDC (Network – Ethereum, Arbitrum, Polygon)

What if I violate any of the trading rules?

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."

Am I allowed to use a VPN while trading?

No, the use of VPNs is not permitted.

Is there any discount when we pass the challenge?

No, we do not offer any discounts upon passing the challenge.

Does QuickFunded offer a referral program?

No, QuickFunded does not currently offer a referral program.

How much do I need to pay after passing the challenge to get a funded account with Quick Funded?

After passing the challenge, the following fees apply to obtain a funded account:

  • 10K Account: $99
  • 25K Account: $159
  • 50K Account: $299
  • 100K Account: $499
  • 200K Account: $979

When do I need to pay the fee for the funded account after passing the challenge?

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.

Do you have an IP rule?

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.

Challenge & Funded Stage Rules

What is the daily drawdown limit?

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).

What is the maximum drawdown limit?

The maximum drawdown limit is 10% of your account's initial balance.

What profit target do I need to reach to pass the challenge?

To successfully pass the challenge, traders are required to achieve a profit target of 10%.

How is the daily drawdown calculated?

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.

What are prohibited trading strategies?

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.

Can I trade economic news events?

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.

Am I allowed to copy trades or trade as part of a team?

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.

Are there any limitations on lot sizes?

There are no specific restrictions on lot sizes for trades conducted on our platform.

What are the guidelines for implementing stop-loss orders?

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.

Is there a maximum allowable risk per trade?

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.

Is trading by third parties allowed on my account?

Trading accounts are strictly for individual use, and no third parties are authorized to trade on behalf of the account holder.

Can I conduct trading activities over the weekend?

Trading activities are permitted over weekends, specifically for cryptocurrencies.

Are there any requirements regarding trading consistency?

There are no specific requirements regarding the frequency or pattern of trading activities on our platform.

Is there an inactivity policy for accounts?

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.

Are Expert Advisors (EAs) permitted on your platform?

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.

What is the minimum number of trading days required?

A minimum of 3 trading days is required for both challenge and funded accounts.

What is the duration of the challenge period?

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.

When I will receive my Certificate?

You will receive your Certificate within 24 hours of passing the challenge, only after completing the KYC verification and required payment.

What are the Documents needed for verification?

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.

What is the profit split QuickFunded Offer?

The profit split in our firm is 80/20, with traders keeping 80% of the profits.

How often does Quick Funded process payouts for funded accounts?

Quick Funded processes payouts for funded accounts biweekly, ensuring traders receive their profits promptly and consistently.

What payout methods are available for withdrawals?

We offer bank wire transfers and USDC (USD Coin) for withdrawals. For USDC, we support the following networks:

  • Ethereum
  • Arbitrum
  • Polygon

Choose the method and network that best suits your needs!

Profit target and requirement to make a withdrawal?

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.