Which regions or countries are restricted by Funded7?

💡 Answer

Traders from given below countries are not allowed at Funded7

Afghanistan, Belarus, Cuba, Cyprus, North Korea, Iran, Iraq, Myanmar, Russian Federation, Syria, Yemen, Crimea, Donetsk, Palestine, Palestinian Territory, United States, Vatican City

For the most current list of accepted and restricted countries, check Funded7 official website as eligibility can change based on regulatory updates.

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Funded7 vs Funded Firm vs QT Funded - Prop Firm Comparison (March 2026)

Side-by-side comparison of Funded7 vs Funded Firm vs QT Funded. 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 March 2026.

Funded7 vs Funded Firm vs QT Funded - Prop Firm Comparison (March 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...
Funded Firm
FundedFirm is a UK-based proprietary trading firm launched in 2024. It offers 1‑Step and 2‑Step evaluation programs with unlimited time, allowing traders to trade forex, metals, indices, energies and cryptocurrencies on MT5. With leverage up to 1:100 (1:50 for crypto),...
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,...
Overview
Trustpilot Rating 3.8 0 4.3
Trustpilot Reviews 70 0 12,357
Headquarters Cyprus United Kingdom South Africa
Age (Years) 1 2 N/A
Max Funding $500,000 $100,000 $400,000
Profit Split Start 80% 90% 80%
Profit Split Max 90% 100% 100%
Platforms MT5 cTrader mt5 MT5 cTrader TradeLocker
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) Forex Precious Metals Indices Energies Cryptocurrencies FX Metals Indices Crypto Oil
Leverage
FX Leverage 50 100 100
Metals Leverage 10 100 35
Crypto Leverage 3 50 2.5
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. 3–5 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.
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. 6–10 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.)
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. Fixed (daily 3–5% of starting equity; overall 6–10% of initial balance) 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.
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. Payouts can be requested weekly, bi‑weekly or monthly. Weekly cycles provide a 60% profit split, bi‑weekly cycles 80%, and monthly cycles up to 100%. Payouts for weekly and bi‑weekly plans are released every Wednesday starting from the second week after the account is opened. 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).
Days to First Payout 7 7 14
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. 1 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 Methods Revolut Instant Crypto (ETH/USDC) Bank Transfer Bank transfer UPI BTC USDT TRC20 USDT BEP20 USDT ERC20 Crypto Bank Wire Transfer QT Card
Payments
Payment Methods Credit Card PayPal Crypto UPI Bitcoin USDT TRC20 USDT BEP20 USDT ERC20 Credit/Debit Card (Visa Mastercard American Express) PayPal Crypto
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. News trading is allowed on all account types. Traders may open and close positions during high‑impact news releases. 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.
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. Overnight and weekend holding is allowed without restrictions. 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.
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 and mirroring strategies across accounts are prohibited. 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.
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) and automated trading tools are not allowed. 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.
KYC & Restrictions
KYC Required No No 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/AML verification is required before the first payout. Traders may need to provide government‑issued ID and proof of address to satisfy compliance checks. 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.
Restricted Countries Afghanistan Belarus Cuba Cyprus North Korea Iran Iraq Myanmar Russian Federation Syria Yemen Crimea Donetsk Palestine Palestinian Territory United States Vatican City No specific list of restricted countries is published but services may not be available in sanctioned jurisdictions such as North Korea Iran Syria and other high‑risk regions. Iran Iraq Myanmar Belarus North Korea South Korea Russia (MT5) Pakistan Syria Egypt United States (MT5 and cTrader) Canada (MT5)

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