Funded7

Payout Frequency

Funded7 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.

Funded7 offers four challenge types:

• One-Phase Challenge: 10% profit target, 4% max daily loss, 8% max loss (static), minimum 3 trading days and 10 closed trades, 50/50 profit split. Default leverage 1:30.
• Two-Phase Challenge: Phase 1: 8% target, Phase 2: 6% target, 5% max daily loss, 10% max loss (static), minimum 3 trading days and 10 closed trades per phase, 80/20 profit split, fee refundable. Default leverage 1:50. Add-ons available: up to 1:100 leverage (+20%), +5% total loss (+50%), +5% daily loss (+100%), +10% profit split (+10%).
• Two-Phase NEO: Same targets and rules as Two-Phase (8%/6%), 5% daily loss, 10% max loss, 80/20 profit split. Default leverage 1:30. Monthly payout cap of $10,000 (scalable to $12,000 at 1.2x upon hitting cap). Only +10% profit split add-on available.
• Instant Funding: No profit targets or evaluation, 5% max daily loss, 6% max loss (static), 50/50 profit split. Default leverage 1:50. Account sizes $5K-$75K.

All challenges have unlimited trading time. After passing, traders receive a Funded account subject to the OREF tiered risk framework.

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.

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.

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.

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.

Refund Policy

Refund requests must be made within 7 days of enrollment and only if no trades have been executed. Once trading begins, fees are non-refundable.

Two-Phase Challenge only: The challenge fee is refundable after successfully passing and receiving the first payout on the funded account.

One-Phase and Instant Funding fees are not refundable.

3 Percent Rule

Funded7 does not enforce a specific 3% per trade rule. Risk is controlled through the Maximum Daily Loss limits (4-5%) and Maximum Loss limits (8-10%), along with prohibited practices like All-In-One Bet Trading and excessive risk-taking.

Consistency Rules

• Minimum trading days: At least 3 trading days required for all challenge types.
• Minimum closed trades: At least 10 closed trades required.
• No strict consistency rule during challenges: Funded7 advertises 'No Consistency or Gotcha Rules' for passing challenges.
• Payout consistency (funded accounts): Trade Size Consistency Rule (no single trade can be a statistical outlier vs your history using Median x 2.5 or IQR method). Failing delays payout but does not breach the account.

Payout Processing

Payout requests are processed within 1 business day. Withdrawals automatically close all open trades, and the account enters read-only mode until processing is complete.

Maximum active allocation of $1,000,000 per person (or $400,000 with identical account sizes). Identical accounts of the same challenge type and size cannot run simultaneously, but different plan types are allowed. Multiple profiles using secondary emails on the same device/IP result in breach and blacklist.

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.

Other Risk Rules

• OREF Tiered Risk Framework (Funded Accounts): After passing, accounts are placed into tiers via manual review: Gold Pro (1:50 FX leverage, 3% risk cap, stop loss optional), Silver Pro (1:30, 2% cap, mandatory stop loss), Bronze Pro (1:20, 1% cap, mandatory stop loss). Upgrade by achieving 3 successful payouts per tier.
• Correlation Buckets: Risk limits apply to single positions, correlated instrument groups (e.g., all USD longs, precious metals, US indices), and total portfolio.
• Payout Quality Score: QC Score must be ≥ 0.90 (2nd + 3rd best trades combined must be ≥ 90% of best trade). Failing this delays payout, does not breach account.
• All-In-One Bet Trading: Reaching profit target through single or multiple one-sided high-risk trades is prohibited.
• 40% Profit Concentration: No single day's profit should exceed 40% of total profits.
• Personal use only: Account sharing, selling, or transferring is strictly forbidden.

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.

Martingale trading is strictly prohibited. Intentionally increasing lot size when price moves against you is classified as gambling behavior. However, averaging down with fixed or decreasing lot sizes is allowed, as long as total risk fits within drawdown limits.

Lot size limits are not explicitly published on the website, but traders have reported that exceeding certain lot sizes relative to account balance may trigger review as 'All-In-One Bet Trading'. Platform/server limits also apply. Traders should use reasonable position sizing aligned with their account balance and risk parameters.