What types of trading programs can traders choose from at Funded7?
💡 Answer
Traders can choose from the following program options at Funded7:• Four Challenge Types: One-Phase (10% target), Two-Phase (8%/6% targets), Two-Phase NEO (8%/6% targets, $10K monthly cap), Instant Funding (no targets)
• Account types: Challenge accounts → Funded accounts (OREF tiered risk system)
• Platforms: MT5, cTrader
• Max account size: up to $500,000 (Two-Phase); Instant up to $75,000
• No consistency rules during challenges, no news/weekend restrictions
See all program options and their requirements at Funded7 official website.
More FAQs about Funded7
- Can traders use EAs, trade news, hold weekend positions, or copy trades at Funded7, and what strategies are prohibited?
- How do payments and refunds work at Funded7?
- How does Funded7 handle trader withdrawals in terms of payout limits, timing, and payment options?
- How is profit shared between the trader and Funded7 at the maximum level?
- What instruments and markets can traders access at Funded7?
- How much leverage is available at Funded7 for FX, indices, metals, and crypto assets?
- What are the supported trading platforms at Funded7, and who is the broker behind them?
- What are the spread, commission, and slippage conditions for traders at Funded7?
- What trading practices are restricted at Funded7, including rules on martingale and lot size limits?
- What drawdown structure does Funded7 follow for traders?
- What are the main risk control rules enforced by Funded7 during evaluations?
- What type of trading challenges does Funded7 require before funding?
- What is the funding limit at Funded7, and does the firm allow traders to scale their accounts?
- What is Funded7's Trustpilot rating and total review count right now?
- Does Funded7 offer 2-phase, 1-phase, or instant funding programs?
- What should traders know about account limits at Funded7, such as max accounts, merging rules, and lot size limits?
- Does Funded7 enforce identity verification, and when is KYC performed?
- Are traders from all countries allowed at Funded7, or are there restrictions?
Guides Where Funded7 Is Featured
- Prop Firms Offering Crypto Leverage of 1:2 or Higher
- Prop Firms Offering Crypto Trading
- Prop Firms Offering FX Leverage of 1:50 or Higher
- Prop Firms Offering Maximum Profit Split of 90% or Higher
- Prop Firms Offering Metals Leverage of 1:10 or Higher
- Prop Firms Offering More Than $300k in Funding
- Prop Firms Offering Profit Split Starting at 60% or Higher
- Prop Firms With At Least 1 Years in Operation
- Prop Firms With cTrader Platform
- Top Prop Firms That Accept Clients From Christmas Island
These guides include Funded7 alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Funded7 vs QT Funded vs Maven Trading - Prop Firm Comparison (July 2026)
Side-by-side comparison of Funded7 vs QT Funded vs Maven Trading. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated July 2026.
|
Funded7
Funded7 is a Cyprus-based next-generation prop trading firm founded in 2025, offering One-Phase, Two-Phase, Two-Phase NEO, and Instant Funding challenges with account sizes up to $500,000. With trader-friendly rules (no consistency requirements during challenges), static drawdown models, and up to...
|
QT Funded
QT Funded (Quant Tekel) is a simulated CFD prop firm (founded Oct 2023) offering QT Prime (2-step/3-step), QT Power (2-step) and QT Instant (instant funding). Traders get access to FX, indices, metals, crypto and oil on MT5, cTrader or TradeLocker,...
|
Maven Trading
Maven Trading (MAVEN LLC) is a UAE-registered simulated proprietary trading platform offering 1-step, 2-step, 3-step evaluations plus Instant and 24-hour Maven Mini accounts, with an 80% profit split, MT5/Match Trader/cTrader access, and withdrawals typically available every 10 business days for...
|
|
|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 2.8 | 3.9 | 0 |
| Trustpilot Reviews | 46 | 12,986 | 0 |
| Headquarters | Cyprus | South Africa | United Arab Emirates |
| Age (Years) | 1 | N/A | N/A |
| Max Funding | $500,000 | $400,000 | $1,000,000 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 90% | 100% | 80% |
| Platforms | MT5 cTrader | MT5 cTrader TradeLocker | MT5 cTrader Match-Trader |
| Assets | Forex (43 pairs: 7 Majors 21 Minors 15 Exotics) Indices (14) Precious Metals (Gold Silver Palladium Platinum) Oil (Energy) (USOIL UKOIL) Energies Crypto (BTC ETH LTC SOL BNB BCH XRP) | FX Metals Indices Crypto Oil | Commodities Crypto Digital Etfs Forex Indices |
| Leverage | |||
| FX Leverage | 50 | 100 | 75 |
| Metals Leverage | 10 | 35 | 20 |
| Crypto Leverage | 3 | 2.5 | 0 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | Maximum Daily LossFunded7 applies different daily loss limits by challenge type: 4% for One-Phase, and 5% for Two-Phase, Two-Phase NEO, and Instant Funding. The daily loss is calculated from the day's starting equity and includes both closed trades and floating P/L. Breaching this limit results in account failure. | Maximum Daily LossDaily loss limits are program-specific:QT PRIME: 4% daily drawdown fixed to the initial balance (does not change with profits).QT POWER: daily drawdown is based on End-of-Day (EOD) equity; 3% on legacy rulesets and 4% for accounts issued after 9 Apr 2025.QT INSTANT: 3% daily drawdown fixed to the initial account balance (does not change with profits).Breaching the daily limit is treated as a hard breach on funded stages. | Maximum Daily LossMaven’s daily loss limits vary by program and are measured from the higher of balance or equity at 00:00 UTC (daily reset window). One-Step uses 3% daily drawdown, Two-Step uses 4%, and Three-Step uses 2%. Instant and Maven Mini accounts also use a 2% daily loss limit. |
| Max Total Loss | Maximum LossFunded7 applies different overall loss limits: 8% for One-Phase (static from initial balance), 10% for Two-Phase and Two-Phase NEO (static from initial balance), and 6% for Instant Funding (static). All drawdown calculations are balance-based and include floating P/L. Breaching this limit results in account failure. | Maximum Overall LossOverall drawdown limits differ by plan:QT PRIME: 10% maximum drawdown (static, based on initial balance).QT POWER: 8% maximum loss limit (based on initial balance).QT INSTANT: 6% maximum drawdown that trails the highest recorded balance or floating equity (high-water mark). (Some operational details—such as whether trailing drawdown locks at starting balance after withdrawal—depend on the account’s issue date.) | Maximum Overall LossMaven’s overall loss rules depend on the account type: One-Step uses a 5% trailing max loss from the highest equity watermark; Two-Step uses an 8% static max loss from the initial balance; Three-Step uses a 3% static max loss from the initial balance. Instant and Maven Mini accounts use a 3% trailing max loss and also enforce a strict 1% maximum floating/open loss rule. |
| Drawdown Type | Drawdown ModelFunded7 uses a static (balance-based) drawdown model across all challenge types. The maximum loss limit is fixed from the initial account balance and does not trail with equity. On funded accounts, a High Water Mark applies. Both closed trades and floating P/L are included in calculations. | Drawdown ModelQT Funded uses a mix of static and trailing drawdown models:Static drawdown: QT PRIME (10% max loss) and QT POWER (8% max loss) use static overall drawdown anchored to the initial balance.Trailing drawdown: QT INSTANT uses a 6% trailing maximum drawdown from the highest recorded balance/equity, paired with a fixed 3% daily drawdown. | Drawdown ModelMaven combines several drawdown models depending on the program: static drawdown (fixed from initial balance) on Two-Step and Three-Step, trailing drawdown (moves with equity highs) on One-Step, Instant and Maven Mini, and daily drawdown calculated from the higher of balance/equity at 00:00 UTC. |
| Payouts | |||
| Payout Frequency | Payout FrequencyFunded7 traders are eligible for payouts every 7 days from the last withdrawal or account creation date. First payout can be requested after 7 days of funded trading.Note: There is a maximum monthly payout cap of $10,000 per client. Two-Phase NEO accounts can scale this to $12,000 (1.2x) upon reaching the cap. | Payout FrequencyPayout requests are available every 2 weeks (14 days) from the first trade on the funded account and every 14 days for each consecutive payout cycle.QT PRIME: Bi-weekly payouts at 80% split, or Prime On-Demand payouts (100% split) subject to eligibility requirements.QT POWER: payout on-demand subject to minimum conditions (including 35% consistency and minimum trading days).QT INSTANT: bi-weekly payouts at 80% split (with a 5% minimum profit and 25% consistency requirement for eligibility). | Payout FrequencyFor One-Step, Two-Step, Three-Step and Instant accounts, Maven states withdrawals can be requested every 10 business days after your first trade. Maven Mini is a 24-hour program with payouts available on-demand within the 24-hour window (single payout; account closes after the first withdrawal). |
| Days to First Payout | 7 | 14 | 10 |
| Payout Processing Time | Payout ProcessingPayout requests are processed within 1 business day. Withdrawals automatically close all open trades, and the account enters read-only mode until processing is complete. | Payout ProcessingQT Funded states payout requests are processed within 24 business hours after submission/approval (the request day does not count toward the 24-hour processing window).Minimum performance fee: the minimum payout amount is 1% or $100 (whichever is higher). For QT INSTANT, the minimum performance fee is stated as 5% of profit margin. | Payout ProcessingMaven Mini payouts are described as being processed the next day after the 24-hour trading period ends (subject to approval). For standard funded/instant accounts, withdrawals are requested on a 10-business-day cycle and are processed after compliance checks and the chosen payout rail (Rise/direct bank transfer) timing. |
| Payout Methods | Revolut Instant Crypto (ETH/USDC) Bank Transfer | Crypto Bank Wire Transfer QT Card | Direct Bank Transfer Rise (and other options depending on residence) |
| Payments | |||
| Payment Methods | Credit Card PayPal Crypto | Credit/Debit Card (Visa Mastercard American Express) PayPal Crypto | Credit/Debit Card (must match trader identity) Bank Transfer Cryptocurrency; additional regional checkout options may be available via payment partners |
| Trading Permissions | |||
| News Trading | News trading is allowed at Funded7. Traders can trade before, during, and after high-impact news releases for all challenge types and funded accounts. However, Funded7 advises trading news responsibly — excessive risk-taking around major releases that breaches daily or total loss limits will still result in account failure. | Evaluation stage: news trading is allowed.Funded stage (QT PRIME & QT INSTANT): news trading is restricted around Forex Factory red-folder (high-impact) releases: no manual trading activity (opening/closing/modifying positions or orders) within 5 minutes before/after the event; SL/TP and qualifying limit orders set earlier may still trigger. Violations are treated as hard breaches. QT PRIME On-Demand does not have the news rule applied. | News trading restrictions apply to evaluation and funded accounts: traders cannot open or close trades within 2 minutes before or after red-folder news events (ForexFactory), and profits generated in that window may prevent passing. Maven states the news rule does not apply to Instant and Mini accounts. |
| Weekend Trades | Weekend holding is fully allowed at Funded7. Traders can hold positions over the weekend without restrictions for all challenge types and funded accounts. There are no requirements to close positions before market close. | Weekend holding is permitted across QT PRIME, QT POWER and QT INSTANT (trades can be held over the weekend), subject to general risk rules and market conditions. | Weekend holdings are permitted for all account types (positions may be held over the weekend, subject to underlying market hours and instrument availability). |
| Copy Trading | Copy trading is strictly prohibited at Funded7. This includes automated copy trading services, 'pass my challenge' schemes, signal services, copy-trade platforms, and any trading that results in identical entries across multiple accounts. Reverse copy trading is also banned. | Copy trading rules depend on total allocation:Under $400,000 total allocation: traders may copy trades and use the same strategy across accounts.$400,000 and above: traders may still hold multiple accounts, but they may not copy trades or use the same strategy between accounts; each account must use a different strategy and trade different instruments for its entire history.QT INSTANT: additional max-allocation rule for same-strategy use (max $99,000); QT Instant allocation also counts toward the overall $400,000 cap. | Copy trading from another individual is prohibited; if detected, both users may be breached/terminated. Maven treats cross-user copying and related ‘gamifying’ patterns (including reversing accounts) as cheating behavior. |
| EA Allowed | EAs are allowed at Funded7, provided the strategy is legitimate and does not exploit system mechanics. However, the following are prohibited: ready-made EAs that result in identical entries for all users, EAs that overload servers with excessive requests, and any automated trading that bypasses the purpose of skill evaluation. | Expert Advisors (EAs) are permitted only with pre-approval. Traders must submit the EA name and links to [email protected] before use. Trade copiers are also permitted with approval, and copied executions must place visible SL/TP (no invisible trade management). Unapproved use can result in account forfeit and group trading with shared EAs is prohibited. | No. Maven states Expert Advisors (EAs) are not permitted across its platforms; automated trading use can prevent challenge passing and may lead to suspension/termination. |
| KYC & Restrictions | |||
| KYC Required | No | Yes | Yes |
| KYC Stage | Funded7 requires KYC verification before the first payout. Documents are submitted via email to support. Required documents typically include government-issued ID and proof of address. KYC is not required to purchase a challenge or start trading – only when requesting the first withdrawal. | KYC is required as part of onboarding and may be requested by the company’s AML/KYC providers. QT INSTANT specifically requires KYC verification and a signed contract before trading is enabled. Accounts may be treated as inactive/invalid if the latest KYC requirements are not completed. | KYC is required when requesting a payout and may include identity, address and source-of-funds verification. Maven’s FAQ states checkout/KYC details must match government ID, only one email per person is allowed, and the payment card used must be in the trader’s name; Maven references Veriff for supported-country document coverage. |
| Restricted Countries | Afghanistan Belarus Cuba Cyprus North Korea Iran Iraq Myanmar Russian Federation Syria Yemen Crimea Donetsk Palestine Palestinian Territory United States Vatican City | Iran Iraq Myanmar Belarus North Korea South Korea Russia (MT5) Pakistan Syria Egypt United States (MT5 and cTrader) Canada (MT5) | Afghanistan Belarus Burkina Faso Burundi Central African Republic Congo (Republic of the Congo) Cuba Eritrea Guinea Guinea-Bissau Guyana Haiti Iran Mali North Korea Russia Saint Lucia Sierra Leone Somalia South Sudan Sudan Ukraine Vanuatu Venezuela Yemen |
Funded7
QT Funded
Maven Trading