CFDs Challenge
Terms & Conditions

1.1 Challenge Models

FundedVerse currently offers five CFDs Challenge models: the 1-Step Challenge (single evaluation phase), the 2-Step Challenge (two evaluation phases), the 3-Step Challenge (three evaluation phases), the Fast Pass 1-Step (single evaluation phase with accelerated entry parameters), and the Ultra 1-Step (single evaluation phase with elevated profit target and fixed 95% profit split). Each model has its own parameters, rules, and objectives. The applicable parameters for the model purchased — including account size, profit targets, loss limits, minimum trading days, leverage, eligible instruments, trading hours, add-ons, and any other conditions — are set out in the Challenge Parameters displayed at checkout and/or in the User's dashboard.

The Challenge Parameters form an integral part of these Challenge Terms and are incorporated by reference.

The Fast Pass 1-Step and Ultra 1-Step are normal swap model. Normal Swaps apply overnight.

1.2 Trading Guidelines

The User must comply at all times with these Challenge Terms, the Challenge Parameters, the Platform rules, and any instructions communicated by the Provider via the dashboard or email (together, the "Trading Guidelines"). Failure to comply may result in the failure of the Challenge, disqualification, suspension, or termination of the User's account and/or access to the Services, at the Provider's sole discretion.

1.2.1 — Daily Loss Limits

The User must not exceed the specified daily loss percentage of the account balance at any point during a trading day, inclusive of charges and swaps. The daily loss limit is calculated on a trailing basis against the account's highest equity watermark, with trailing stopping at 96% of the initial account size.

1.2.2 — Maximum Drawdown (Overall Loss Limit)

The User must not exceed the specified maximum drawdown at any point during the Challenge. The maximum drawdown is calculated on a trailing basis against the account's highest equity watermark. Trailing stops once the drawdown floor reaches 96% of the initial account size — at that point the floor becomes fixed regardless of subsequent equity peaks. Breaching this limit at any point results in immediate account termination.

1.2.3 — Minimum Trading Days

The User must complete a minimum number of calendar trading days per phase. A trading day is defined as any day on which at least one position is opened or closed. There is no maximum time limit on any phase — accounts are not auto-blocked due to elapsed time.

1.2.4 — Profit Targets

The User must achieve the minimum profit growth specified for each Challenge and phase. Meeting both the profit target and the minimum trading days requirement constitutes successful completion of the relevant phase.

1.2.5 — Drawdown Type — Trailing

All FundedVerse Challenges use a trailing maximum drawdown model. The drawdown floor rises as the account equity increases, but stops trailing once it reaches 96% of the initial account size. From that point, the floor is fixed and will not trail further regardless of subsequent equity peaks.

1.2.6 — Consistency Rule

The Provider reserves the right to apply a daily profit consistency rule to any Challenge account at its discretion. Where applied, this rule limits the maximum percentage of total realised profit that may be attributed to any single trading day at the time of a payout request. The applicable threshold, where enforced, shall not exceed 40% of total realised profit for standard Challenge models. For the Ultra 1-Step, a consistency rule of 25% applies by default. A payout request that does not comply with the applicable consistency threshold will be deferred until the User's profit distribution meets the required standard.

1.2.7 — Daily Performance Threshold (Fast Pass 1-Step & Ultra 1-Step — Funded Phase Only)

For the Fast Pass 1-Step and Ultra 1-Step models, a Daily Performance Threshold applies exclusively during the Live Simulated (Funded) phase. This rule does not apply during the evaluation phase or to any other Challenge model.

For the Fast Pass 1-Step, a trading day is considered a "Qualifying Day" only if the User generates a profit of at least 0.1% of the account equity recorded at the start of that trading day (server time). For the Ultra 1-Step, a trading day is considered a "Qualifying Day" only if the User generates a profit of at least 0.2% of the account equity recorded at the start of that trading day (server time). Trading days on which the applicable threshold is not reached are classified as "Non-Qualifying Days". The profit generated on Non-Qualifying Days is excluded from the payout calculation for the relevant cycle and does not carry forward to subsequent cycles.

For Fast Pass 1-Step accounts, a minimum of three (3) Qualifying Days is required within each payout cycle for a Performance Reward request to be eligible for processing. For Ultra 1-Step accounts, a minimum of three (3) Qualifying Days is required within each payout cycle for a Performance Reward request to be eligible for processing. A payout request submitted without the required number of Qualifying Days will be deferred until the condition is met.

For the Ultra 1-Step specifically, in addition to the per-cycle Qualifying Days requirement above, the User must complete a minimum of ten (10) trading days on the funded account prior to becoming eligible for the first Performance Reward request. A trading day is defined as any day on which at least one position is opened or closed.

1.2.8 — Minimum Trades per Payout Cycle — Funded Phase

A minimum of fifteen (15) completed trades is required within each payout cycle across all Challenge models during the Live Simulated (Funded) phase. A completed trade is defined as a position that has been fully opened and fully closed within the cycle period. Partial closes of a single position count as one trade only when the position is fully closed.

A payout request submitted without the minimum number of completed trades in the relevant cycle will be deferred to the following cycle. Trades that are voided, reversed, or excluded from the performance calculation due to rule violations do not count toward the minimum trade requirement.

1.2.9 — Maximum Trade Duration — Funded Phase

During the Live Simulated (Funded) phase, no single position may remain open for more than three (3) consecutive calendar days (72 hours from the time of opening, based on server time). This rule applies across all Challenge models.

Any position that remains open beyond the three-day limit will be subject to the following treatment: the trade will be forcibly closed by the Provider at the prevailing simulated market price at the time of closure, and any profit generated by that trade will be excluded from the payout calculation for the relevant cycle. Losses incurred on such trades remain applicable and will be reflected in the account balance.

1.2.10 — Maximum Concurrent Positions per Asset

At any given time, the User may not hold more than two (2) open positions on the same trading instrument (asset) simultaneously. This limit applies across all Challenge models and all phases, including both evaluation and Live Simulated (Funded) phases. Buy and sell positions on the same asset are each counted individually toward this limit.

Any position opened in excess of this limit will be subject to forced closure by the Provider at the prevailing simulated market price. Profits generated by positions that breach this rule will be excluded from the performance and payout calculation. Losses on such positions remain applicable.

1.2.11 — Minimum Trade Duration — Aggressive Scalping

Any position held open for less than four (4) minutes from the time of execution (based on server time) is classified as "Aggressive Scalping". This classification applies across all Challenge models and all phases, including both evaluation and Live Simulated (Funded) phases.

Profits generated by trades classified as Aggressive Scalping are excluded from the profit calculation, including both phase progression (profit target) and payout calculations. Losses on such trades remain applicable and will be reflected in the account balance.

1.2.12 — Technical Flaw Exploitation

The use of any system flaw, pricing error, data feed anomaly, or platform limitation for trading advantage is strictly prohibited and may lead to immediate account suspension and/or voiding of results.

1.2.13 — Hedging

Hedging positions within a single FundedVerse account is permitted within the bounds of the applicable Challenge Parameters. Cross-account hedging — whether across multiple FundedVerse accounts or with accounts held at third-party firms — is strictly prohibited. Refer to Section 2 for full detail.

1.2.14 — Costs

All operational and infrastructure costs related to service provision (including platform fees, data feed costs, and technology costs) are the Provider's responsibility. The User is responsible solely for the Challenge registration fee disclosed at checkout.

1.2.15 — Applicable Rules

All Challenge accounts are governed by these Challenge Terms together with the Challenge Parameters and Program Rules as published in the User's dashboard. In the event of any discrepancy, the precedence hierarchy in the Overview applies.

1.2.16 — Modification by Add-ons and Special Offers

Add-ons and Special Offers selected at the time of purchase may modify the Trading Guidelines in this Section. Such modifications apply only for their stated duration and take precedence over the standard guidelines during that period.

1.2.17 — Maximum Risk per Trade (Ultra 1-Step — Funded Phase Only)

For Ultra 1-Step accounts during the Live Simulated (Funded) phase, no single position — or aggregate of positions opened on the same instrument within a sixty (60) second window — may expose more than two percent (2%) of the initial nominal account balance to potential loss. Exposure is calculated as the distance between the entry price and the protective stop-loss order multiplied by the position size. Where no stop-loss order is in place, the maximum exposure shall be computed assuming a stop at the applicable Daily Loss Limit threshold. Positions opened in breach of this clause may be closed by the Provider without notice, and any profits derived from such positions may be excluded from the Performance Reward calculation at the Provider's sole discretion.

1.2.18 — Effective Leverage Cap (Ultra 1-Step — Funded Phase Only)

For Ultra 1-Step accounts during the Live Simulated (Funded) phase, the aggregate notional exposure across all simultaneously open positions shall not exceed an effective leverage ratio of 1:50 relative to the initial nominal account balance. Where the aggregate notional exposure exceeds this cap at any point, the Provider reserves the right to close excess positions and to exclude related profits from the Performance Reward calculation.

1.2.19 — Aggressive Scalping & Qualifying Days (Ultra 1-Step — Funded Phase Only)

For Ultra 1-Step accounts during the Live Simulated (Funded) phase, the Aggressive Scalping rule under clause 1.2.11 applies without exception. In addition to the standard profit exclusion, trades classified as Aggressive Scalping on an Ultra 1-Step funded account shall not count toward Qualifying Day determination under clause 1.2.7.

1.2.20 — News Trading Restrictions (Ultra 1-Step — Funded Phase Only)

For Ultra 1-Step accounts during the Live Simulated (Funded) phase, news trading is permitted subject to a restricted window around scheduled high-impact economic releases. No position may be opened, closed, or materially modified during the period commencing two (2) minutes before, and ending two (2) minutes after, any scheduled high-impact economic news event, as identified on the economic calendar published by the Provider or referenced therein. Any position opened, closed, or modified within this restricted window may be subject to forced closure or profit exclusion at the Provider's sole discretion.

1.2.21 — Prohibition of Expert Advisors and Automated Trading (Ultra 1-Step — Funded Phase Only)

For Ultra 1-Step accounts during the Live Simulated (Funded) phase, the use of Expert Advisors ("EAs"), trading bots, automated execution scripts, algorithmic strategies, or any form of non-discretionary or semi-automated trading software is strictly prohibited. All trades must be executed manually by the account holder. The Provider may, at its sole discretion, analyse account activity to identify patterns consistent with automated execution (including but not limited to consistent millisecond-level entry timing, repetitive identical lot sizing, or sub-second order modifications) and, where such patterns are detected, may close positions, exclude profits from Performance Reward calculations, or terminate the account.

1.2.22 — Payout Cycle Structure (Ultra 1-Step — Funded Phase Only)

For Ultra 1-Step accounts during the Live Simulated (Funded) phase, the Performance Reward cycle structure is governed by the following parameters, which apply in derogation of the standard ten (10) calendar day cycle that governs all other Challenge models:

• First Performance Reward request: may be submitted only after a minimum of twenty-one (21) calendar days have elapsed since the date of the first executed trade on the funded account, and provided that all other eligibility requirements (including the ten (10) minimum trading days under clause 1.2.7 and the per-cycle Qualifying Days requirement) have been satisfied
• Subsequent Performance Reward requests: may be submitted at intervals of no less than fourteen (14) calendar days, measured from the date on which the immediately preceding Performance Reward was disbursed to the User
• Per-cycle cap: each Performance Reward is capped at three percent (3%) of the initial nominal account balance, regardless of the cumulative profit generated during the cycle
• Excess profit: any simulated profit accrued beyond the three percent (3%) per-cycle cap is permanently forfeited and does not carry forward to subsequent cycles

1.2.23 — Non-Refundability of Ultra 1-Step Challenge Fee

Notwithstanding any provision of Section 5 (Refund Policy), the Challenge Fee paid for the Ultra 1-Step Challenge is non-refundable under any circumstances. This applies in addition to, and prevails over, any general refund provision applicable to other Challenge models. The User expressly acknowledges and accepts this non-refundability as a material condition of access to the Ultra 1-Step Challenge, reflecting the elevated risk profile assumed by the Provider in offering this model.

1.3 Trading Restrictions Upon Loss Limit Breach

Upon reaching or exceeding the applicable Maximum Loss Limit (MLL) or Daily Loss Limit (DLL), the Provider reserves the right to automatically restrict trading activity on the affected account. Such restrictions may include placing the account in read-only mode, disabling the ability to open, modify, or close positions, or revoking platform access entirely.

These restrictions are implemented as part of the Provider's automated risk management and platform integrity controls and may occur immediately upon detection of a loss limit breach, without prior notice.

The Provider retains the discretion to review cases where verifiable technical issues are alleged and, where appropriate, to make corrective adjustments in the interest of fairness and transparency.

2.2 Provider Rights to Restrict or Terminate

The Provider retains the exclusive right to impose trading restrictions, modify account parameters, or terminate trading accounts at its sole discretion to ensure the stability and integrity of its trading environment. This right may be exercised under circumstances including, but not limited to:

• Where a User's trading strategy, behaviour, or specific trade(s) pose excessive or unmanageable risk under current market conditions, or could adversely affect the Provider or other Users.
• Where trading practices are found to be incompatible with standard market operations or the Provider's risk management policies, including the use of high leverage, over-exposure, unusually large or small lot sizes, or strategies that could disrupt market equilibrium.
• Where there are inconsistencies in trading patterns, including significant deviation from the User's historical trading behaviour or from generally accepted market practices.
• Where trading activities could lead to financial harm or operational disruption to the Provider or third parties.
• To ensure compliance with applicable regulatory requirements, operational protocols, or internal policies designed to maintain a secure trading environment.

2.3 Transparency When Implementing Restrictions

To maintain transparency and ensure effective management of trading practices, the Provider will take the following actions when implementing trading restrictions or modifications:

• The Provider will make reasonable efforts to notify the User of any trading restrictions, modifications, or account terminations, providing reasons for such actions. However, in cases where immediate action is required to protect the integrity of the platform, the Provider may implement changes without prior notice.
• Users will have the opportunity to request a review of any imposed restrictions or account actions. The Provider will consider appeals on a case-by-case basis and will endeavour to respond within ten (10) business days, but reserves the right to uphold its original decision.
• The Provider shall not be liable for any direct, indirect, incidental, or consequential losses or damages resulting from the imposition of trading restrictions or account termination. Users agree to hold the Provider harmless against any claims arising from such actions.

3.2 Customer Due Diligence (CDD)

CDD is a mandatory process for initiating and maintaining engagements with Users. The CDD protocol mandates:

• Collecting verifiable identification data from Users to unequivocally establish their identity
• Understanding the intended nature and purpose of the User's trading activities, including the strategies to be employed
• Performing ongoing monitoring of trading activities to ensure they are consistent with the User's stated trading strategy, risk profile, and financial resources

3.3 Enhanced Due Diligence (EDD)

For business relationships or transactions that present a heightened risk, as determined by the Provider's risk assessment, EDD will be implemented. Enhanced measures include:

• Obtaining additional identity verification documents, particularly where standard documentation has proven insufficient or questionable
• Conducting a detailed verification session, which may include a video call, to personally engage with the User and better assess their legitimacy
• Gaining deeper insight into the User's trading methodology to ensure it aligns with the Provider's risk tolerance and ethical trading standards
• Implementing intensified and ongoing monitoring of the User's trading activities to dynamically evaluate adherence to agreed-upon practices and risk parameters

3.4 KYC Procedures

The Provider shall undertake KYC measures for all proposed transactions and business relationships. The KYC process operates as follows:

• Identity verification is initiated after the User has successfully completed all applicable Challenge phases.
• Upon starting verification, the User will be directed through an identity check process via QR code, SMS verification link, or email verification link, as provided by the third-party KYC provider.
• The User shall be required to submit a valid, government-issued photo identification document. Accepted documents include a National ID or Passport.
• KYC verification shall not be completed if expired documents are provided. Only current and valid documents will be accepted.
• After submitting identification documents, the User will be directed to an Agreement Signing stage, where they must provide their full name and address and agree to the applicable terms. Verification may take 48–72 hours from submission.
• The Provider reserves the right to refuse or discontinue any business engagement with a User if the CDD, EDD, or KYC criteria are not satisfactorily met.
• Failure to pass the KYC verification process shall result in the rejection of the User's FundedVerse account application and ineligibility for any Performance Reward.