How does the trading environment at Funded7 compare in terms of spreads, commissions, and slippage policy?
💡 Answer
Funded7 offers raw spreads with no mark-ups. Spreads are floating and vary by instrument, session liquidity, and market conditions. The firm emphasizes competitive trading conditions with tight spreads suitable for scalpers and day traders.
Funded7 operates in real-market conditions where spreads and execution may vary. Specific slippage policies are not explicitly detailed, but strategies exploiting delays or pricing errors are prohibited. Traders are expected to manage execution risk.
Commissions
During Challenge Phases, there are no commissions.
On Funded accounts and Instant Funding:
- $6 roundtrip per lot for Forex, Metals, and Commodities ($3 at opening, $3 at closing)
- $1 roundtrip per lot for Crypto and Indices
Spreads are floating and visible directly on the trading platform.
Live spread data, commission schedules, and execution statistics are published on Funded7 official website.
More FAQs about Funded7
- What are the trading style rules at Funded7 regarding EAs, news trading, weekend trades, and copy trading?
- 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?
- How much leverage is available at Funded7 for FX, indices, metals, and crypto assets?
- Does Funded7 offer multiple trading platforms, and which broker are they connected to?
- 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?
- 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?
- 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 1:1 or Higher
- Prop Firms Offering FX Leverage of 1:50 or Higher
- Prop Firms Offering Indices Trading
- 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 $500k in Funding
- Prop Firms Offering Profit Split Starting at 70% or Higher
- Prop Firms With At Least 1 Years in Operation
- Prop Firms With cTrader Platform
- Prop Firms with More Than 50 Trustpilot Reviews
- Prop Firms With Trustpilot rating of 3.2 or higher
- Top Prop Firms That Accept Clients From Brunei
These guides include Funded7 alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Funded7 vs WSFunded vs Eightcap Challenges - Prop Firm Comparison (April 2026)
Side-by-side comparison of Funded7 vs WSFunded vs Eightcap Challenges. 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 April 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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WSFunded
WSFunded (Wall Street Funded) is a simulated prop trading program operated by WSFmarkets Ltd, offering 1-phase and 2-phase forex/CFD evaluations, instant funding models, and dedicated crypto challenges, with an 80% base profit split (scalable up to 95%), strict anti-HFT rules,...
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Eightcap Challenges
Eightcap Challenges is a broker-backed simulated trading program operated by Eightcap International Ltd (Seychelles) that offers One Phase and Two Phase CFD challenges on mt4, mt5 and tradelocker with balance-based drawdown limits, a 14-day payout cycle, and 80% profit splits...
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| Overview | |||
| Trustpilot Rating | 3.8 | 4.3 | 4.1 |
| Trustpilot Reviews | 71 | 2,500 | 3,618 |
| Headquarters | Cyprus | Saint Lucia | Seychelles |
| Age (Years) | 1 | N/A | 1 |
| Max Funding | $500,000 | $400,000 | $600,000 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 90% | 95% | 90% |
| Platforms | MT5 cTrader | MT5 cTrader Match-Trader DXtrade TradeLocker Platform5 | mt4 mt5 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) | FX Commodities Indices Stocks Crypto | FX Commodities Indices Crypto US Stocks (Day Trader only) |
| Leverage | |||
| FX Leverage | 50 | 30 | 100 |
| Metals Leverage | 10 | 10 | 20 |
| Crypto Leverage | 3 | 1 | 3 |
| 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 rules depend on program type. RAPID uses a 4% daily drawdown; CLASSIC and ULTRA use a 5% daily drawdown. Instant Standard and Instant Pro apply a 3% maximum daily drawdown calculated daily (balance/equity check) and reset on the platform’s daily schedule. Crypto programs use a 3% Daily Cap mechanism that can close positions and lock the account for the day if price movement exceeds the cap from the prior day’s equity reference. | Maximum Daily DrawdownEightcap Challenges applies a balance-based daily drawdown rule calculated from the previous day’s account balance snapshot (Previous Day Balance × Limit%). Your account’s intraday equity loss must not exceed this daily limit.One Phase: 4% daily drawdown (Assessment and Payout Stages).Two Phase: 5% daily drawdown (Assessment, Qualification and Payout Stages).Day Trader: No daily drawdown; risk is managed via fixed maximum drawdown thresholds tied to the selected timeframe and multiplier. |
| 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 LossWSFunded’s overall loss limits vary by product: RAPID has a 6% maximum drawdown; CLASSIC uses an 8% maximum drawdown; ULTRA uses a 10% maximum drawdown (static models). Instant Standard uses a 6% trailing maximum drawdown, while Instant Pro uses a 5% trailing maximum drawdown. Crypto programs publish static maximum drawdown limits (e.g., 6% on One Step Crypto and 9% on Two Steps Crypto). | Maximum DrawdownOverall drawdown is enforced as a fixed percentage of the initial balance for standard challenges and as fixed-dollar thresholds for Day Trader Challenges.One Phase: 8% maximum drawdown (Assessment and Payout Stages).Two Phase: 10% maximum drawdown (Assessment, Qualification and Payout Stages).Day Trader: Maximum drawdown is defined in dollars and varies by timeframe and multiplier (DT-1/DT-2/DT-4/DT-8 with 2x/5x/10x options). |
| 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 ModelRAPID/CLASSIC/ULTRA are built on static drawdown rules. Instant Standard and Instant Pro use trailing drawdown that follows equity highs; after an approved withdrawal, the trailing drawdown is described as locking at the starting balance and does not reset upward due to withdrawals. Crypto programs apply static max drawdown plus a separate daily cap mechanism. | Balance-based (Daily from previous-day balance; Max fixed from initial balance) |
| 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 FrequencyWSFunded payout timing depends on the program. Commonly, the first withdrawal is allowed after an initial waiting period (e.g., 15 days on CLASSIC/ULTRA and Instant models, and 30 days on RAPID), with recurring withdrawals generally available every 10 days thereafter (from account activation / after the first eligibility window), subject to program rules and minimum requirements.Minimum payout: The published minimum payout threshold is $100, and Instant models also specify the minimum withdrawal as the greater of $100 or 1% of the account’s starting balance. | Payout FrequencyOne Phase & Two Phase: Standard payout eligibility begins 14 days into the Payout Stage (or 7 days with the earlier-payout add-on), provided all payout-stage requirements and KYC are satisfied.Day Trader Challenges: Payout eligibility is immediate upon successful completion of the time-limited challenge. |
| Days to First Payout | 7 | 15 | 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. | Payout ProcessingPayout requests are submitted via the dashboard payout form. During payout processing, the linked trading account may be set to view-only mode until finalized. WSFunded states payouts are handled Monday to Friday between 10:00 and 15:00 CET; actual arrival depends on payout rail/provider availability and any compliance checks. | Payout ProcessingPayout requests are reviewed by the risk team for rules compliance and KYC (if required). Approved payouts are typically processed within 24–48 hours of an eligible request, but may take longer if additional review is required. |
| Payout Methods | Revolut Instant Crypto (ETH/USDC) Bank Transfer | Crypto (USDT USDC ETH BTC) Rise (Bank Transfer Crypto) | Crypto International Bank Transfer |
| Payments | |||
| Payment Methods | Credit Card PayPal Crypto | Credit/Debit Card (Visa Mastercard) Crypto | Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) |
| 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 during evaluation phases. In funded simulated accounts (including Instant), WSFunded restricts opening new trades and closing existing trades on instruments affected by red-folder macroeconomic events within an 8-minute window (4 minutes before and 4 minutes after); profits obtained during restricted windows may be deducted. | Trading during major news events is restricted: you cannot place trades within 10 minutes before or after high-impact events (per FXStreet). Trading inside the window is treated as a soft breach that triggers a warning and removal of any profits made from those trades. |
| 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 trading depends on the market/instrument session. Crypto programs follow crypto venue hours (generally 24/7), while CFD markets follow their normal weekly trading sessions and may be affected by weekend closures and gap risk. | Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. |
| 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 is heavily restricted. Manual copying between a trader’s own evaluation accounts is permitted only during the evaluation phase and only when account balances differ. Copying between funded accounts (or between funded and challenge accounts), copying between same-balance accounts, or using external copying tools is prohibited. | Copy trading or mirroring another person’s trades is prohibited and may result in profit removal or account termination. Copying between your own accounts is allowed only if all accounts are registered under the same email address. |
| 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. | EAs/cBots and indicators are allowed on evaluation programs as long as they follow permitted strategies. EAs/cBots are not allowed on Instant plans (Standard/Pro). | Expert Advisors (EAs) and indicators are permitted, but prohibited strategy types (including martingale, grid, tick trading, arbitrage variants, gap trading and account management) are monitored and can trigger violations—especially during the Payout Stage. |
| KYC & Restrictions | |||
| KYC Required | No | Yes | 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/identity verification may be required as part of payout/compliance checks (especially when using third-party payout rails such as Rise). Traders should be prepared to provide standard verification documents if requested. | Australia, Saint Lucia, Afghanistan, Central African Republic, Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Guinea-Bissau, Iran, Iraq, Lebanon, Myanmar, Russia (and Crimea, Donetsk, Luhansk and Sevastopol regions of Ukraine), Somalia, Sudan, South Sudan, Syria, Yemen, Zimbabwe, Libya |
| Restricted Countries | Afghanistan Belarus Cuba Cyprus North Korea Iran Iraq Myanmar Russian Federation Syria Yemen Crimea Donetsk Palestine Palestinian Territory United States Vatican City | United States Singapore Russia United Arab Emirates (UAE) Cuba Sudan Somalia Iran Lebanon Syria North Korea Libya Pakistan Vietnam and any other jurisdiction listed by FATF or subject to international sanctions | Australia Libya Lebanon Pakistan Russia Somalia South Sudan Sudan United States Zimbabwe Afghanistan Central African Republic Cuba Democratic Republic of the Congo Guinea-Bissau Iran Iraq Myanmar North Korea Syria Yemen |