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 Quick Funded?

Quick Funded 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 Quick Funded located?

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

What funding models does Quick Funded offer?

QuickFunded offers a "Pay When You Pass" one-step challenge. Traders who successfully pass this challenge receive a simulated funded account to trade with our capital. However, to access the account, payment is required after passing.

What trading platform does Quick Funded use?

We utilize the Match Trader platform, which supports a variety of financial instruments.

What instruments can I trade with Quick Funded?

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

What leverage does Quick Funded offer?

Leverage on Challenge:

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

Leverage on Simulated Funded Account:

  • 1:20 on forex
  • 1:10 on Energies
  • 1:10 on Commodities
  • 1:10 on Indexes
  • 1:1 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?

Yes, you can change your trading password from our client area. Once updated, the new password will be the same for both the trading platform and the client area.
Client Area Link: - https://app.quick-funded.io/login

Can I purchase multiple accounts, and is it possible to upgrade my account?

Each person is allowed to have only one active account. Trading multiple accounts is strictly prohibited, and if found, we reserve the right to deny any payouts.

However, you now have the option to upgrade to a new account size under the following conditions:

✅ Upgrade Rules:

  • You must pass the challenge for the new account size you wish to upgrade to.
  • Once you choose a new challenge, your old account will be locked immediately.
  • You can upgrade at any time, regardless of whether your current account is in drawdown, failed, or in profit.
  • A $9 upgrade fee will be charged when initiating the upgrade.

💼 For Simulated Funded Clients:

  • You can upgrade without the $9 fee by using your payout to cover the full difference in challenge fee between your current and the new account.
  • You must still pass the new challenge to complete the upgrade.
  • Partial payments are not allowed — only full payments will be accepted from payouts.
  • Any excess amount left after the challenge fee is covered will be available for withdrawal.
  • Alternatively, you may transfer your payout into your Quick Funded Wallet and use those funds to pay for the new challenge after passing it as part of your upgrade.

When will I receive my login details after making a payment?

As soon as the payment is completed, your simulated funded account will be added to your trading platform. We will not send new login credentials, as your existing ones remain the same. While the process is usually instant, it may take up to 24 hours in some cases.

What is "2 retries at $9"?

If you fail the challenge, you can purchase 2 retry attempts for a total of $9. This means you'll get two new chances to try and pass the challenge without paying the full challenge fee again.
Note: You cannot buy just one retry—you must purchase both retries together for $9.

What happens if I fail the challenge?

If you fail the challenge, you can purchase 2 additional retry attempts for $9. Regardless of the account size, the price for retries remains the same. If you fail both retries, you can purchase them again.
Note: You cannot purchase a single retry—you must purchase at least 2 retries at a time.

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 status will be reflected on your dashboard, with the account marked as "Failed." To retake the evaluation, you will need to purchase retry attempts.

Is there any discount when we pass the challenge?

If you make the payment within 5 days of passing the challenge, you will receive a 20% discount.

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

You are required to pay the fee for the funded account within 30 days after receiving the payment link in your client area, following the successful completion of the challenge.

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

What if I'm unable to pay within 30 days?

You will have up to 4 months to activate your account by paying an activation fee equal to 5% of the challenge fee. If you still fail to complete the payment within these 4 months, your challenge status will be marked as "Failed." To continue, you will need to purchase 2 retry attempts for $9.

Can I request a reset of my challenge?

No. We don't offer resets.
However, Recharge is available for funded accounts.
(70% Recharge Rule)

Am I allowed to use a VPN while trading?

No, the use of VPNs is not permitted.

Does QuickFunded offer a referral program?

No, QuickFunded does not currently offer a referral program.

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.

Can I manage someone else's account or let them trade mine?

No. Accounts are personal and linked to your KYC and IP.
Account sharing results in a permanent ban.

What countries are restricted from using QuickFunded?

We do not accept clients from:

  • North Korea
  • Iran
  • Syria
  • Afghanistan
  • Other OFAC-sanctioned countries

Challenge & Funded Stage Rules

What is the daily drawdown limit?

The daily drawdown is initially set at 4% of your starting balance for both the challenge account and the simulated funded account.
It is recalculated daily based on your account balance at the market rollover time (00:00 UTC+0).

What is the maximum drawdown limit?

The maximum drawdown limit is 10% of your account's initial balance for both the challenge account and the simulated funded account.

How is the daily drawdown calculated?

The daily drawdown is set at 4% 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 $97,920 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 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%.

What strategies are allowed and prohibited?

We allow a variety of trading strategies, including swing trading, scalping, trend-following, and price action strategies.
However, the following practices are strictly prohibited:

  • Signal trading via copy traders
  • Account management through third-party copy traders
  • High-frequency trading (HFT)
  • Data feed manipulation
  • Tick scalping
  • Latency arbitrage
  • Reverse arbitrage
  • Hedge arbitrage
  • Use of emulators
  • Any form of moral hazard

Engaging in any of these prohibited activities may result in account termination and forfeiture of any payouts.

What is the rule regarding Martingale and Anti-Martingale strategies?

At QuickFunded, both Martingale and Anti-Martingale strategies are strictly prohibited on all accounts — including both challenge and funded stages.

❌ What is a Martingale Strategy?
Increasing your lot size after a loss to try and recover with one large win.
Example:
Trade 1: 1 lot (loss)
Trade 2: 2 lots (loss)
Trade 3: 4 lots (loss) → 🚫 This is Martingale

❌ What is an Anti-Martingale Strategy?
Increasing your lot size after a win to maximize profits during a streak.
Example:
Trade 1: 1 lot (win)
Trade 2: 2 lots (win)
Trade 3: 4 lots (win) → 🚫 This is Anti-Martingale

⚠️ Important Execution Rules:

  • You can open a maximum of 2 consecutive positions in the same or opposite direction.
  • At any moment, you cannot have 3 open positions on a single pair — whether in the same or opposite direction.
  • 5-Minute Rule: After closing a position, you must wait at least 5 minutes before opening a new one in the same or opposite direction.

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 except gold (XAUUSD), we highly recommend their use as a risk management tool to protect your trading capital.

What are the rules for trading gold (XAU/USD)? (With Example)

Rules for Trading Gold (XAU/USD):

  • Minimum Stop-Loss: 15 pips
  • Trade Limit: Maximum of 2 trades per hour in the same or opposite direction
  • Cooldown Period: A 5-minute wait is required before re-entering in the same or opposite direction
  • Hedging: Not allowed

Example:
A trader opens a third consecutive long position on XAU/USD after two stopped-out trades. This is considered a moral hazard and violates the rule. As a result, the trades will be cancelled and a warning will be issued.
On the second violation, the account will be permanently banned.

What is the 5-Minute Rule in Trading?

Challenge Account
The 5-Minute Rule is not applied to the challenge Account.

Simulated Funded Account
The 5-Minute Rule states:
"After taking a loss on a specific pair, you cannot re-enter a trade on that pair until 5 minutes have passed."

Purpose of the Rule:

  • Prevents revenge trading.
  • Helps you reset mentally before jumping back in.
  • Encourages traders to reevaluate the setup rather than impulsively re-entering.

Example:

  • You take a buy trade on EUR/USD and it hits your stop loss.
  • You must now wait 5 minutes before placing another position on EUR/USD.

Scalping Restriction – Minimum Holding Time (More Than 2 Minutes)

To ensure fair trading practices, each trade must be held for more than 2 minutes.
Closing a trade at exactly 2 minutes is considered a violation.

Example 1 – Rule Violated

  • Trade opened at 10:00:00
  • Trade closed at 10:02:00
  • ✅ Holding Time: 2 minutes → ❌ Violation (not more than 2 minutes)

Example 2 – Rule Respected

  • Trade opened at 10:00:00
  • Trade closed at 10:02:25
  • ✅ Holding Time: 2 minutes and 25 seconds → ✅ Allowed

What are the maximum loss limits per trade on the Challenge Account and Simulated Funded Account?

Challenge Account
There are no maximum risk limits per trade or per asset class, allowing traders full flexibility in managing their risk per position

Simulated Funded Account
Traders cannot risk more than 50% of their Daily Drawdown per trade and per asset class. Engaging in excessively risky trading practices violates the terms and will result in account termination.

Key Takeaways:

  • ✔ Do not risk more than 50% of your daily drawdown per trade.
  • ✔ Do not risk more than 50% of your daily drawdown across multiple trades in the same asset class.

Example 1: Single Trade Risking More Than 50% of the Daily Drawdown
Account Size: $100,000
Daily Drawdown Limit: 5% ($5,000)
Max Allowed Risk Per Trade (50% of Daily Drawdown): $2,500
Trade Executed: A trader places a buy order on GBP/USD with a position size risking $4,000 (which is 80% of the daily drawdown limit).
Violation: Since the trader exceeded the 50% risk per trade limit, this is considered excessive risk-taking and violates the rules.

Example 2: Multiple Trades in the Same Asset Class Exceeding the Risk Limit
Account Size: $100,000
Daily Drawdown Limit: 5% ($5,000)
Max Allowed Risk Per Asset Class (50% of Daily Drawdown): $2,500
Trades Executed:
Trade 1: Buy EUR/USD → Risk: $1,500
Trade 2: Buy EUR/USD → Risk: $1,200
Total Risk: $2,700 (Exceeds the $2,500 limit)
Violation: Since the combined risk in the same asset class exceeds 50% of the daily drawdown, the trader is violating risk management rules.

Multiple Trades in the Same Asset Class on a Simulated Funded Account.

Traders opening multiple trades in the same asset class within a short timeframe (e.g., several EUR/USD trades placed within seconds) will be reviewed for potential arbitrage behaviour.
If flagged, QuickFunded may request clarification or take enforcement action.

Can I hold trades over the weekend?

Challenge Phase
There are no restrictions on holding trades over the weekend during the challenge phase.

Simulated Funded Account
Due to the current global situation and increased market volatility, we have implemented a temporary risk management policy to maintain stability and fair trading conditions:

  • All trading positions must be closed by Friday before market close.
  • Positions can be reopened on Sunday night when the market resumes.
  • Any position left open over the weekend will be automatically closed by our system.

Note: There are no restrictions on trading cryptocurrencies, including holding positions over the weekend on simulated funded account.
This measure is in place to protect traders from unpredictable market swings and potential gaps caused by global turmoil. We appreciate your cooperation and understanding during this period of uncertainty.

Can I conduct trading activities over the weekend?

Yes, trading activities are permitted over the weekend. This applies to both the challenge phase and the simulated funded account(only for cryptocurrencies).

Are there any requirements regarding trading consistency?

Yes — but only during the funded stage.
We apply the 30% Consistency Rule, which means no single trading day should account for more than 30% of your total profit.
This rule must be met in order to request a withdrawal.

⚠️ Note:
There are no consistency requirements during the challenge phase.
Only the funded account holders must meet this rule to qualify for payouts.

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.

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.

What is the 70% Recharge Rule?

The 70% Recharge Rule allows traders on a Simulated Funded Account (SFA) to restore their initial balance if their losses remain below 7% of the starting account balance. By paying 70% of the original challenge fee, traders can continue trading without starting a new challenge.

Note - If losses exceed 7% at any point, the recharge option becomes permanently unavailable—even if the trader later recovers some of the loss.

Example
A trader starts with a $100,000 account
The maximum drawdown allowed is $10,000
If the trader loses up to $7,000, they can recharge their account by paying 70% of the challenge fee, restoring their initial balance
If the trader loses more than $7,000, they are not eligible for the recharge

Note: If a trader's loss reaches $8,000 but they later recover to bring it back under the $7,000 loss threshold, they are still not eligible for the recharge.

When I will receive my Certificate?

You will receive your Certificate within 24 hours of passing the challenge.

What are the Documents needed for verification?

After you pass our evaluation process, you need to sign the contract of the Quick Funded Trader account, and to verify your identity, we need a valid passport, ID, or driver's license. A photo of yourself is also required for confirmation. This verification may take up to 24 hours.

Profit target and requirement to make a withdrawal?

There is no payout target but you must withdraw a of minimum $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.

What is the profit split?

At Quick Funded, we offer an 80% profit split to our traders. This means you retain 80% of the profits generated from your trading activities.

When will I receive my first withdrawal?

You can request your first withdrawal as soon as you meet the 30% Consistency Rule, regardless of how many days have passed since your first trade

How frequently can I request withdrawals?

We offer on-demand payouts on funded accounts — meaning you can request a withdrawal anytime once you've met the 30% Consistency Rule.

What are the available payout methods?

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

  • Ethereum
  • Arbitrum
  • Polygon

Note- Minimum withdrawal amount should be $50 or above.

What is the profit target and how long does the withdrawal process take?

There is no profit target required for payouts; however, the minimum withdrawal amount is $50.
Payouts are processed within 2–5 business days (excluding weekends).
To be eligible for a payout:

  • Your account balance must be above the starting balance
  • You must have no open positions at the time of your payout request