What risk management and consistency rules must traders follow at FundedFast?

Q: What risk management and consistency rules must traders follow at FundedFast?

3 Percent RuleFundedFast does not advertise a universal “3% per-trade” rule. Its Terms & Conditions include a 1% Rule stating it is not permitted to risk more than 1% of the initial account balance on any single trade, and multiple positions on the same instrument in the same direction are treated as a combined trade for this rule. Consistency RulesProfit Distribution Rule: FundedFast requires that the most profitable trading day must not account for more than 50% of total profits during the challenge. Other Risk RulesOne active challenge at a time: the Terms state customers may purchase multiple Trading Challenges, but only one can be active at any given time.Hedging: allowed within a single account; hedging between accounts or with other participants is prohibited.Operational limits: up to 200 open orders at any one time on the platform.Leverage restrictions: One-phase Challenges up to 1:50; Two-phase up to 1:100; crypto restricted to 1:20; exotics restricted to 1:50.The full risk management rulebook including daily loss calculations and consistency requirements is on FundedFast official website.

💡 Answer

3 Percent Rule

FundedFast does not advertise a universal “3% per-trade” rule. Its Terms & Conditions include a 1% Rule stating it is not permitted to risk more than 1% of the initial account balance on any single trade, and multiple positions on the same instrument in the same direction are treated as a combined trade for this rule.

Consistency Rules

Profit Distribution Rule: FundedFast requires that the most profitable trading day must not account for more than 50% of total profits during the challenge.

Other Risk Rules

One active challenge at a time: the Terms state customers may purchase multiple Trading Challenges, but only one can be active at any given time.
Hedging: allowed within a single account; hedging between accounts or with other participants is prohibited.
Operational limits: up to 200 open orders at any one time on the platform.
Leverage restrictions: One-phase Challenges up to 1:50; Two-phase up to 1:100; crypto restricted to 1:20; exotics restricted to 1:50.

The full risk management rulebook including daily loss calculations and consistency requirements is on FundedFast official website.

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FundedFast vs E8 Markets vs Audacity Capital - Prop Firm Comparison (August 2026)

Side-by-side comparison of FundedFast vs E8 Markets vs Audacity 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 August 2026.

FundedFast vs E8 Markets vs Audacity Capital - Prop Firm Comparison (August 2026)
	FundedFast FundedFast is the trading name of Memento Enterprises Limited (Malta) and offers simulated prop-trading Challenges on MatchTrader. It provides one-phase and two-phase evaluations (10% then 5% targets on the two-phase), unlimited time limits, weekly payout requests on funded accounts via... Visit FundedFast	E8 Markets E8 Markets is a US-based prop-firm-style evaluation brand operating simulated accounts via third-party platforms, offering 1-step programs such as E8 One and E8 Signature (Forex/Crypto) with dynamic drawdown models, leverage up to 1:30 on FX, and performance-fee payouts via Plane... Visit E8 Markets	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... Visit Audacity Capital
Overview
Trustpilot Rating	4.4	0	0
Trustpilot Reviews	18	0	0
Headquarters	Malta	United States	United Kingdom
Age (Years)	2	5	14
Max Funding	$976,562	$500,000	$2,000,000
Profit Split Start	80%	80%	50%
Profit Split Max	90%	100%	90%
Platforms	Match-Trader	MT5 cTrader Match-Trader TradeLocker	MT5
Assets	Forex Commodities Precious Metals Indices Cryptocurrencies	FX Metals Indices Energy Crypto	Forex Commodities
Leverage
FX Leverage	100	30	100
Metals Leverage	100	15	100
Crypto Leverage	20	5	2
Risk & Drawdown Rules
Max Daily Loss	5	3	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).
Max Total Loss	10	4	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.
Drawdown Type	Drawdown ModelFundedFast enforces a fixed Max Daily Loss and a fixed Max Drawdown (no trailing drawdown disclosed on its Challenges page). The daily-loss limit is presented as a percentage limit and should be treated as including floating PnL exposure (open trades) for compliance.	Drawdown ModelE8 One uses a 3% Daily Drawdown (from the day's starting balance) plus a 4% Dynamic Drawdown that limits maximum running or closed loss. E8 Signature products use an end-of-day (EOD) Dynamic Drawdown limit (set as a fixed dollar amount by account size) plus a 2% Daily Pause that stops trading for the rest of the day but does not breach the account.	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).
Payouts
Payout Frequency	Payout FrequencyFundedFast states withdrawals can be requested once per week. To have a withdrawal processed on Monday, submit the request by 00:00 (UTC) Thursday of the previous week.	Payout Frequency E8 Markets payouts are requested on-demand once a trader meets eligibility criteria. E8 Signature Forex/Crypto: First payout requires 3 profitable days; subsequent payouts require 5 profitable days (each profitable day is ≥0.3% realized closed PnL), plus a 35% Best Day Rule. Payout buffer and payout caps apply. E8 One (E8 Trader stage): 40% Best Day Rule and the trader's net profit (payout share) must be greater than 50% of the account's daily drawdown; buffer rules can apply in specific scenarios.	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).
Days to First Payout	0	0	30
Payout Processing Time	Payout ProcessingFundedFast indicates weekly processing, with Monday as the processing day when submitted by the stated cutoff. Exact receipt timing depends on the payment provider and is not specified on the FAQ page.	Payout ProcessingPayouts are typically processed within 1–2 business days (excluding weekends) and then received in ~1–3 additional business days; the total process may take 2–5 business days. Payouts are delivered via Plane (bank transfer) or Rise (crypto options), subject to payout-provider onboarding/KYC.	14
Payout Methods	N/A	Plane (Bank Transfer) Rise (Crypto)	Bank Transfer PayPal Cryptocurrency
Payments
Payment Methods	Credit/Debit Card Bank Transfer Local Banking PIX (Brazil) Cryptocurrency	Credit/Debit Card Crypto	Credit/Debit Card PayPal Cryptocurrency
Trading Permissions
News Trading	Yes. FundedFast states news trading is allowed, but trades opened within 10 minutes of significant news announcements may be reviewed for compliance. Its Terms prohibit “gap trading” during significant news events (example: opening trades within five minutes of a major news announcement).	E8 One: In Phase 1, news trading is allowed without restriction. On the E8 Trader stage, a prohibition window applies for high-impact news: 5 minutes before and 5 minutes after the release, during which opening/closing/modifying trades is prohibited; profits earned during the window may be removed without an account violation. E8 Signature Forex/Crypto: News trading is allowed without restrictions in both Phase 1 and the E8 Trader stage, with a reminder that high-impact news can cause volatility and slippage and that the user is responsible.	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.
Weekend Trades	Weekend holding is available via a Weekend Holding add-on at checkout. Overnight holding is allowed (swap applies at market close).	E8 Signature Forex/Crypto: Overnight/weekend holding is not supported; positions are closed daily at 23:00 server time and trading reopens at 00:15.E8 One: The help center does not impose the same daily position-closure rule; weekend/overnight exposure remains subject to normal market gaps and drawdown calculations.	Allowed: Ability Challenge (including Ability Live) allows weekend holding; Ability One also allows weekend holding, subject to drawdown limits.
Copy Trading	No. FundedFast states copy trading is not currently supported.	E8 Markets allows copy trading across evaluations and E8 Trader accounts (and to/from personal accounts) as long as the accounts belong to you. A key restriction is that you cannot copy trades or reuse the same trading ideas between multiple E8 evaluation accounts; each evaluation must be traded independently. Team trading and third-party signal services are not permitted.	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...
EA Allowed	No. FundedFast states it does not support Expert Advisors (EAs) or automated trading systems.	Expert Advisors (EAs) are allowed. E8 states it limits one strategy per user and may terminate accounts if it detects multiple users executing the same trades/strategy. Server request limits (e.g., order/TP/SL modification limits and maximum positions per day) also apply.	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...
KYC & Restrictions
KYC Required	No	No	No
KYC Stage	KYC is required after passing and before the funded phase: ID (passport/driving license/national ID) and proof of residence (utility bill or bank statement dated within the last six months). Upload is done via the Trading Platform profile area; verification is typically within an hour, up to one business day in rare cases.	KYC is required as part of eligibility and compliance checks. To receive a payout, traders must also be able to onboard and pass KYC with E8's payout providers (Plane or Riseworks/Rise); if a trader cannot complete provider onboarding, E8 states it cannot issue a payout.	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.
Restricted Countries	Afghanistan Albania Baker Island Bajo Nuevo Bank Barbados Belarus Burkina Faso Cabo Verde China Congo (Democratic Republic) Congo (Republic) Côte d’Ivoire Eritrea Ethiopia Guam Haiti Hong Kong Howland Island Iran Iraq Jamaica Jarvis Island Johnston Atoll Jordan Kingman Reef Kyrgyzstan Lebanon Liberia Libya Malta Midway Islands Minor Outlying Islands Mongolia Mozambique Myanmar (Burma) Nicaragua North Korea Northern Mariana Islands Pakistan Palestine Palmyra Atoll Panama Puerto Rico Russia Senegal Seychelles Sierra Leone Somalia South Sudan Sudan Syria Tajikistan Turkmenistan United States United States Virgin Islands Vietnam Yemen	Afghanistan Albania Algeria Myanmar (Burma) Burundi Belarus Central African Republic Congo Democratic Republic of Congo Cuba Ethiopia Hong Kong Iran Iraq Kenya Kosovo Lebanon Libya Mali Midway Islands Nicaragua North Korea Pakistan Russia Samoa Somalia South Sudan Sudan Syria Ukraine United Arab Emirates Vatican City State Venezuela West Bank Western Sahara Yemen Zambia; Limited (E8 Signature Forex/Crypto only): Bulgaria India Romania Bangladesh Indonesia Taiwan Cambodia Laos Viet Nam Croatia	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