What are the trading style rules at Funded7 regarding EAs, news trading, weekend trades, and copy trading?
💡 Answer
Is the use of EA Allowed at Funded7?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.
Is News Trading allowed at Funded7?
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.
Can Funded7 traders hold 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.
Is Copy Trading allowed at Funded7?
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.
What are some main Prohibited Strategies at Funded7?
Funded7 prohibits: Martingale strategies (geometrically increasing position sizes); Arbitrage & latency exploits; System exploits; Hedging across multiple accounts (within same account is allowed); High-Frequency Trading (HFT) & tick scalping; Account sharing; All-In-One Bet Trading; Copy Trading & reverse copy trading; Group trading (coordinated trading across accounts); Excessive risk-taking & overleveraging.
Scalping time limits: Trades closed under 15 seconds must be less than 2% of total trades; trades under 30 seconds must be less than 3%.
Inactivity: Accounts are terminated after 30 days of no trading activity.
The complete list of permitted and restricted trading strategies, including EA policies and news trading rules, is on Funded7 official website.
More FAQs about Funded7
- What payment methods can be used at Funded7, and are purchases refundable?
- What are the withdrawal conditions at Funded7, including minimum payout and processing time?
- How is profit shared between the trader and Funded7 at the maximum level?
- What instruments and markets can traders access at Funded7?
- What leverage levels apply at Funded7 for different asset classes like forex, indices, metals, and crypto?
- Does Funded7 offer multiple trading platforms, and which broker are they connected to?
- How does the trading environment at Funded7 compare in terms of spreads, commissions, and slippage policy?
- What are the trading restrictions at Funded7, such as prohibited strategies, martingale usage, and lot size limits?
- How does the drawdown system work at Funded7?
- What are the main risk control rules enforced by Funded7 during evaluations?
- What types of trading programs can traders choose from at Funded7?
- What type of trading challenges does Funded7 require before funding?
- How large can a funded account be at Funded7, and is there a scaling plan in place?
- What is Funded7's Trustpilot rating and total review count right now?
- What are Funded7's available program types?
- Does Funded7 allow multiple accounts, account merging, and are there any lot size restrictions?
- Is identity verification mandatory at Funded7, and at which stage does KYC occur?
- Which regions or countries are restricted by Funded7?
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 1:30 or Higher
- Prop Firms Offering Maximum Profit Split of 80% or Higher
- Prop Firms Offering Metals Leverage of 1:10 or Higher
- Prop Firms Offering More Than $100k in Funding
- Prop Firms Offering Profit Split Starting at 70% or Higher
- Prop Firms With At Least 1 Years in Operation
- Prop Firms with More Than 50 Trustpilot Reviews
- Prop Firms With MT5 Platform
- Prop Firms With Trustpilot rating of 3.8 or higher
- Top Prop Firms That Accept Clients From Gambia
These guides include Funded7 alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Funded7 vs Audacity Capital vs Alpha Capital - Prop Firm Comparison (March 2026)
Side-by-side comparison of Funded7 vs Audacity Capital vs Alpha Capital. 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.
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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...
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Audacity Capital
Audacity Capital is a proprietary trading firm founded in 2012 in London that offers multiple funding paths including the Ability Challenge evaluation and a Funded Trader Program, advertising accounts up to $2,000,000, profit share up to 90%, and trading via...
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Alpha Capital
Alpha Capital Group (Alpha Capital) is a UK-based CFD prop firm (founded 2021) that provides simulated-funded "Qualified Analyst" accounts via ACG Markets and lets traders choose between a 1-step (Alpha One), multiple 2-step options (Alpha Pro 6% / 8% /...
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| Overview | |||
| Trustpilot Rating | 3.8 | 0 | 4.7 |
| Trustpilot Reviews | 70 | 0 | 18,125 |
| Headquarters | Cyprus | United Kingdom | United Kingdom |
| Age (Years) | 1 | 14 | 5 |
| Max Funding | $500,000 | $2,000,000 | $400,000 |
| Profit Split Start | 80% | 50% | 80% |
| Profit Split Max | 90% | 90% | 80% |
| Platforms | MT5 cTrader | MT5 | MT5 cTrader DXtrade 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 Commodities | FX Metals Indices Oil (Energy) |
| Leverage | |||
| FX Leverage | 50 | 100 | 100 |
| Metals Leverage | 10 | 100 | 30 |
| Crypto Leverage | 3 | 2 | 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 LossAbility Challenge uses a static daily drawdown that resets at rollover (00:00 GMT+2): 7.5% during the Challenge stage and 5% during the Verification stage. Audacity also states the Ability Live phase daily drawdown is 5%. The Funded Trader Program (FTP) uses a 5% trailing daily drawdown (moves up with equity highs). | Maximum Daily LossAlpha Capital Group enforces a plan-specific daily drawdown limit that is measured from defined daily reference points (based on balance or equity, depending on the plan). The daily loss limit is evaluated against the current equity value, and breaches are treated as a hard breach (trades are closed automatically).Alpha Pro 10%: 5% balance-based daily drawdown.Alpha Pro 8%: 4% balance-based daily drawdown.Alpha Pro 6%: 3% daily drawdown calculated over the higher of end-of-day balance or equity.Alpha Swing: 5% balance-based... |
| 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 LossAbility Challenge maximum drawdown is 15% in the Challenge stage and 10% in the Verification stage (and the firm also references a 10% maximum drawdown in the Ability Live phase). FTP maximum total drawdown is 10% from the initial balance. Ability One lists a 6% absolute drawdown. | Maximum Overall LossMaximum total loss is defined by the plan’s maximum drawdown model and is set as a percentage of the initial starting balance. If balance or equity drops below the maximum drawdown threshold, the account is breached and trades are closed automatically.Alpha Pro: static max drawdown of 10% (Pro10) / 8% (Pro8) / 6% (Pro6).Alpha Swing: 10% static max drawdown.Alpha Three: 6% static max drawdown.Alpha One: 6% trailing max drawdown based on the high-water mark (maximum balance achieved). |
| 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 ModelAudacity's Ability Challenge and Verification stages are described as using a static drawdown system with daily limits resetting at rollover (00:00 GMT+2). FTP uses a trailing drawdown model (daily DD 5% trailing). Ability One uses static drawdown (3% daily and 6% absolute). | Drawdown ModelAlpha Capital Group uses both static and trailing drawdown models depending on the plan:Static max drawdown: Used on Alpha Pro (6% / 8% / 10%), Alpha Swing (10%) and Alpha Three (6%). The maximum-loss line is fixed from the initial starting balance and does not move up as the account grows.Trailing max drawdown (high-water mark): Used on Alpha One (6%). As new balance highs are made, the trailing drawdown line moves up; once the account reaches a high-water mark... |
| 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 FrequencyAbility Challenge: first payout can be requested 30 days after the first trade on the Ability Live account, then payouts may be requested bi-weekly. FTP: payouts can be requested once a 10% profit milestone is reached (profit share varies by account size and time-to-target). | Payout FrequencyAlpha Capital offers two payout schedules for qualified accounts, depending on the payout type selected at checkout:Bi-Weekly: performance-fee requests are available every 14 days (starting 14 days after the initial trade on the qualified account). The first request requires a minimum of 5 trading days using the same trading strategy, and the minimum withdrawal is $100 gross profits.On-Demand: traders can request a payout at any time once they have at least 2% gross profit in the account and meet... |
| Days to First Payout | 7 | 30 | 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. | 14 | Payout ProcessingPerformance-fee requests are submitted via the Alpha Capital dashboard and are processed and paid within about 2 business days once approved. Traders must close all trades before requesting, and the account remains locked while the balance is reset.Scaling requests (where applicable) are handled separately and are typically completed within 24–48 business hours. |
| Payout Methods | Revolut Instant Crypto (ETH/USDC) Bank Transfer | Bank Transfer PayPal Cryptocurrency | Bank Transfer (WIRE/ACH/SWIFT) Wise Rise (Riseworks) |
| Payments | |||
| Payment Methods | Credit Card PayPal Crypto | Credit/Debit Card PayPal Cryptocurrency | Credit/Debit Card Crypto PayPal |
| 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. | Ability Challenge: news trading is permitted during news events in both challenge phases and on the Ability Live account. FTP: holding open positions is prohibited during significant news events; traders must wait 30 minutes after the release once notified by the risk team. | News trading is permitted, but Alpha Capital applies plan-specific rules around certain high-impact announcements on Qualified Analyst accounts.Alpha Pro 8%/10% Qualified: no executing trades (opening or closing, including pending orders, stop-loss or take-profit fills) on targeted instruments within 2 minutes before and 2 minutes after the specified news releases.Alpha Pro 6% / Alpha One / Alpha Three Qualified: the same restriction applies within 5 minutes before and 5 minutes after the specified releases.Alpha Swing: trading during major news is allowed;... |
| 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. | Allowed: Ability Challenge (including Ability Live) allows weekend holding; Ability One also allows weekend holding, subject to drawdown limits. | Weekend holding rules depend on the plan and stage.Alpha Pro: holding trades over the weekend is allowed during the Evaluation phase, but is not allowed on the Qualified Analyst account stage (treated as a soft breach with profits removed).Alpha Swing / Alpha One / Alpha Three: weekend holding is allowed during both the Evaluation phase and on the Qualified Analyst account stage.Swap/rollover charges still apply when positions are held over weekends. |
| 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. | Audacity Capital allows copy trading, subject to specific restrictions designed to ensure that all trades originate from the trader’s own strategy and accounts. Permitted Copy Trading Own Accounts: Copying trades between your own Audacity Capital accounts is permitted. External Personal Accounts: Copying trades from your personal trading accounts with other brokers or prop firms into your Audacity Capital account is allowed. Verification of the source account may be required. EAs / Automated Systems: Expert Advisors and other automated trading tools... | Copy trading is allowed but tightly controlled. Alpha Capital permits copy trading only where the trader can provide proof of ownership of the master account (e.g., account number/investor password/server) when requested. Copy trading between two Alpha Capital accounts can also be permitted with both account numbers disclosed.Copy trading is currently supported on MT5 only; copying trades on or from cTrader, DXTrade or TradeLocker is not possible. Only one master account can be connected at a time, and copying other traders or group trading arrangements is prohibited. |
| 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. | EA Guidelines and Restrictions Permitted Use: Expert Advisors (EAs) are generally allowed on MetaTrader 5 (MT5) for both the Ability Challenge and the Funded Trader Program. Prohibited EA Strategies: The following automated trading styles are strictly forbidden and may result in account termination: High-Frequency Trading (HFT) and Tick Scalping: Not permitted. Martingale or Averaging Down Strategies: Not permitted. Latency Arbitrage: Any form of latency arbitrage or exploitation of system vulnerabilities is strictly prohibited. Grid Trading: Not permitted. Third-Party EAs: While... | Expert Advisors (EAs) are permitted on MT5 accounts, provided they comply with Alpha Capital’s rules. Traders must enable the EA feature at checkout and contact support for approval; Alpha Capital may request the EA's EX5 file and MQ5 market link for review.EAs are not supported on TradeLocker, DXTrade or cTrader accounts. Automated strategies that attempt to exploit unrealistic fills or use high-frequency/latency-style execution are prohibited. |
| KYC & Restrictions | |||
| KYC Required | No | No | No |
| 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 before account activation and again before processing payouts. Audacity states KYC includes proof of identity (government-issued photo ID) and a selfie, and may need to be resubmitted for compliance. | Alpha Capital requires identity verification (KYC) after passing an assessment and before issuing Qualified Analyst account credentials. Traders complete KYC via a third-party provider (Veriff) and must also provide the necessary withdrawal/payment details; qualified credentials are typically issued within a maximum of 2 working days after completing KYC.Payment details may be cross-checked against the verified identity, and third-party payments are not accepted. |
| Restricted Countries | Afghanistan Belarus Cuba Cyprus North Korea Iran Iraq Myanmar Russian Federation Syria Yemen Crimea Donetsk Palestine Palestinian Territory United States Vatican City | Bangladesh Belarus Burma (Myanmar) Central African Republic Crimea Donetsk and Luhansk regions of Ukraine Cuba Democratic Republic of the Congo Iran Iraq Lebanon Libya North Korea Pakistan Russia Somalia Sudan Syria United States and its territories (including American Samoa Guam Northern Mariana Islands Puerto Rico and the U.S. Virgin Islands) Venezuela Yemen | Afghanistan Belarus Burundi Central African Republic Chad Cuba Democratic Republic of the Congo Eritrea Iran Iraq Libya Myanmar (Burma) North Korea Regions of Ukraine: Crimea Donetsk and Luhansk Republic of the Congo (Congo Brazzaville) Russia Somalia South Sudan Sudan Syria Venezuela Vietnam Yemen |