Forex firms comparator

Rodney Bay, Gros-Islet, Saint Lucia. Registered office of FundedVerse Ltd, registration 2025-00890.

30/1, Kenilworth Court, Sir Augustus Bartolo Street, Ta’Xbiex , Malta

Saint Lucia

Malta

Gary Mullen

2023

Fee refunded with the third approved payout on the same funded account, except Ultra and Instant. The terms exclude both from refunds. Other models have a 24-hour refund window before trading. The Static Fee Refund add-on appears in the terms but is absent from the reviewed catalogue.

• Challenge fee credited back after passing and claiming first reward (Classic and One-Phase)
• Pro Challenges are not eligible
• Full refund available for mistaken purchases within 14 days if no trades were placed

Up to 3.5% processing fee where disclosed. The FAQ attributes it to methods other than Rise; provider and currency-conversion fees may also apply.

The website and checkout add-ons state 21 days for the first withdrawal. The terms then specify 10 calendar days for 1-Step, 2-Step Trailing and 3-Step; 10 business days for Static; 14 calendar days for Ultra and Instant. The latter intervals run from the previous payment. All funded accounts require 15 completed trades per cycle.

• Standard: bi-weekly (14 days) for Challenge and Instant Funded accounts
• "First Reward in 7 Days" add-on available on Classic and One-Phase
• Typically processed within 24 hours on business days (average 8 hours)

Twice the requested amount if an approved request is not sent within two business days. The clock starts once both the request and the payout partner KYC are recorded. Dubai calendar, excluding weekends and UAE public holidays; reviews, disputes and legal holds are excluded. The advertised 45 minutes is an average.

Holding through market closures is allowed during evaluation, but not on funded or Instant accounts.

Profit above the per-cycle cap is forfeited, except on 2-Step Static, where it carries forward. Free, giveaway and prize accounts: eligible profit capped at 1% of initial balance per calendar month under clause 4.7, although the FAQ still states 2% per interval.

The terms conflict: the table lists USD 200 for 1-Step, 2-Step Trailing and 3-Step; USD 100 for Static and Ultra; none for Instant. Clause 4.4 states USD 100 generally except Instant, while the FAQ states USD 200. Confirm the plan-specific amount in the dashboard.

$100 minimum for reward requests on all account types.

FAQ: 1:50 on 1-Step, Ultra and Instant; 1:100 on 2-Step Trailing. Static: 1:50 under the terms. Ultra and Instant funded: maximum total effective exposure 1:50.

Classic & Pro Challenge

• 1:100

One-Phase Challenge

• 1:50

Swing Add-On (all challenges)

• 1:30

Instant Account

• 1:30 (1:20 with News Trading Add-On)

Classic & Pro Challenge

• 1:30

One-Phase Challenge

• 1:10

Swing Add-On (all challenges)

• 1:10

Instant Account

• 1:10 (1:5 with News Trading Add-On)

Classic & Pro Challenge

• 1:30

One-Phase Challenge

• 1:10

Swing Add-On (all challenges)

• 1:10

Instant Account

• 1:10 (1:5 with News Trading Add-On)

FAQ: 1:15. 2-Step Static: 1:20 under its specific clause.

Classic & Pro Challenge

• 1:30

One-Phase Challenge

• 1:10

Swing Add-On (all challenges)

• 1:10

Instant Account

• 1:10 (1:5 with News Trading Add-On)

FAQ: 1:2. 2-Step Static: 1:5 under its specific clause.

Classic & Pro Challenge

• 1:2

One-Phase Challenge

• 1:2

Swing Add-On (all challenges)

• 1:1

Instant Account

• 1:2 (1:1 with News Trading Add-On)

Classic & Pro Challenge

• 1:5

One-Phase Challenge

• 1:3

Swing Add-On (all challenges)

• 1:2

Instant Account

• Not available

Normal swaps by default. The FAQ allows requesting a swap-free alternative if available; it is absent from the public checkout add-on catalogue reviewed.

No account reset. After a breach, a coupon may be provided to purchase a new challenge.

• Challenge reset available at any time via dashboard for a fee
• Challenge Upgrade feature available during Phase 1 of Classic and Pro (30% discount on upgrade price)

Checkout: 95% split for an extra 30% where offered; first payout after 7 days for an extra 35% on 1-Step, Static and Ultra up to 300K. Pay Later has no add-ons. Instant offers them only from 100K, although its terms describe a fixed split. Other add-ons mentioned in the FAQ or terms are absent from the sale catalogue.

• First Reward in 7 Days: available on Classic and One-Phase
• 90/10 Profit Split: available on Classic and One-Phase
• No Minimum Trading Days: available on Classic
• Swing Account: available on all challenge types (Classic, One Phase, and Pro)

The FAQ mentions at least 12 profitable cycles and the possibility of another same-size account after +50% funded performance. Black is invitation-only with custom terms, not guaranteed scaling.

• Achieve 10% profit target each trading month for 3 consecutive months
• Account balance increased by 50%
• Continues until account reaches $5 million

Trailing against peak equity; under the terms, it stops rising when the floor reaches 96% of initial balance. Static keeps a fixed floor from activation. Free and prize accounts always use trailing, even when the base model is Static.

Challenge Accounts

• Fixed percentage of initial balance for the lifetime of the account

Instant Account

• 6% trailing drawdown based on EOD Equity or Balance (whichever is higher)
• Drawdown trails upward with profits until reaching the initial account balance
• Once reaching initial balance, drawdown becomes static and fixed

Static takes the higher of balance and equity at 00:00 server time and fixes that reference for the day. Other models have a discrepancy: the FAQ uses that daily reference, but the terms describe trailing against peak equity. Instant has no daily limit. Losses include floating P&L, charges and swaps.

Challenge Accounts

• Daily Drawdown calculated on account starting balance at 5 PM EST snapshot
• Equity cannot drop below the allowed daily percentage

Instant Account

• 3% based on EOD Equity or Balance (whichever is higher)
• Measured at 00:00 GMT+3 server time
• Does not reset intraday; resets at start of next trading day

No limit on concurrent challenges under one personal profile, subject to the combined funded allocation limit. Checkout limits each purchase to ten units per variant.

No maximum time to pass phases; the inactivity rule still applies.

No maximum time limit to complete the Challenge.

Evaluation according to checkout: 1-Step, 2 days; Trailing, 2 and 3; Static, 4 and 4; 3-Step, 2 per phase; Ultra, no minimum configured. The terms still state 10 evaluation days for Ultra. Ultra and Instant funded require 10 trading days before the first payout. Static counts days with at least one 0.01-lot trade opened and closed.

Classic, Pro and One-Phase

• Minimum trading days apply (exact count available on dashboard)
• "No Minimum Trading Days" add-on available on Classic

Instant Program

• 5 profitable simulated trading days required
• Each day must achieve at least +0.5% simulated profit
• Days do not need to be consecutive
• Loss or breakeven days do not count

FV Points: 1 point per net USD spent, with possible extras for phases, referrals and verified actions. Redeemable for discounts, challenges or merchandise; personal with no cash value. Points expire after 12 months and challenge vouchers after 90 days. Refunds reverse points and profile termination forfeits them; failing a challenge does not.

Terms: Ultra and Instant require 3 days per cycle with at least +0.2% of starting daily equity. Static requires 5 days with at least +0.1%. The FAQ publishes different thresholds. Once eligibility is met, profit from days below the threshold also counts.

• Instant Program requires 5 profitable trading days with at least +0.5% profit each
• Days do not need to be consecutive

• Standard: 80% on all withdrawals
• 90% available via add-on on Classic and One-Phase

The terms permit automation on 1-Step, Trailing, Static and 3-Step, and only during Ultra evaluation; it is prohibited on Ultra funded and Instant. The FAQ requires an EA add-on absent from the reviewed catalogue. The Risk Desk may request files and logic within five business days.

• Expert Advisors (EAs) and trading bots are permitted
• You must own your EA/bot
• Must not exploit technical inefficiencies or manipulate latency
• Third-party EAs not allowed on Instant unless you own the source code

Paid VPN with prior notice to support; restricted-country IPs and identity evasion are prohibited. The FAQ prohibits VPS for manual trading and ties automated VPS use to an EA add-on.

Allowed within one account, subject to the two-position limit per asset. Prohibited across own accounts, other traders or other firms.

Permitted only within the same trading account. Hedging across multiple accounts is not allowed.

Instant requires a stop-loss on every position within 60 seconds. For risk calculations on other plans, positions without SL are assessed as if stopped at the drawdown floor.

Terms: profits from trades held under 4 minutes are excluded, except on Static. Static has no evaluation minimum; funded profits from trades under 2 minutes are excluded if they exceed 30% of cycle profit. The FAQ states 180 seconds, or 30 with an add-on absent from the sale catalogue.

Maximum two open positions per asset, counting buys and sells and grouping equivalent symbols.

The FAQ prohibits martingale, anti-martingale and grid, allowing only up to two positions on one asset. The terms also prohibit abusive averaging and excessive exposure.

Instant: 1% of initial balance per trade; Ultra funded and Static in all phases: 2%. Entries on the same instrument within 60 seconds are aggregated. The same strategy across accounts is subject to the aggregate cap described in the copying rule.

Instant Account

• Maximum 2% risk per trade idea
• Margin usage must not exceed 80% across all asset classes at any time

Challenge Phase

• No margin cap or maximum lot size enforced

Funded Account

• Margin rules apply

Sources conflict: the FAQ allows copying own accounts and the general terms prohibit it without written permission. CFD terms allow the same strategy on own accounts only in the same direction with aggregate per-asset risk up to 2%. Instant prohibits correlation across its accounts. Obtain written approval before using a copier.

Positions may be held, but not opened or closed from 5 minutes before until 5 minutes after high-impact news, including SL, TP and pending orders. Profits may be excluded; losses remain.

Challenge Phases

• Allowed in all challenge types (Classic, Pro, One-Phase)

Funded Accounts

• Only permitted with Swing Add-On

Instant Account

• Restricted by default
• Only allowed with News Trading Add-On
• 2-minute window rule applies (no opening within 2 minutes before/after major news)

Conflicting sources: the inactivity article states suspension after 60 days without trading; another states 30. The terms also suspend accounts not activated within 30 days. Confirm the applicable period before leaving an account idle.

• 30 consecutive days without placing or closing a trade results in automatic account failure
• Applies to Challenge, Instant, and Funded Stage accounts
• No refunds or renewals for inactivity breaches

Funded checkout: 40% on 1-Step, Trailing, Static and 3-Step; 25% on Ultra and Pay Later; 20% on Instant. It limits the best day contribution to total profit. The FAQ and terms describe some of these rules as discretionary. Static has none during evaluation. Exceeding it defers payout until compliant.

Classic Challenge

• Phase 1: No consistency rule
• Phase 2: No consistency rule

One-Phase Challenge

• 40% max daily profit of total

Pro Challenge

• Phase 1: 45%
• Phase 2: 45%

Funded Stages

• No consistency rule

Instant Account

• 15% max daily profit of total

• Rule is equity-based (unrealised profit included)

• Even if account is in loss, the rule still counts towards highest profit day

Allowed during evaluation under the terms; prohibited on funded and Instant accounts, including holiday closures. Static funded must close before 21:55 Friday server time, or five minutes before an earlier market close. No funded position may exceed 72 hours.

Challenge and Funded Accounts

• Only allowed with Swing Add-On
• Without Swing Add-On: all trades including crypto must be closed by Friday 16:30 EST

Instant Account

• Overnight and weekend holding allowed by default

Any form of arbitrage, HFT, latency or price-error exploitation, abusive gap trading, collusion, cross-account hedging, third-party passing or management services, rule manipulation and abnormal position sizing. Breaches may exclude profits, invalidate phases or terminate connected accounts; losses still count.

• Martingale and grid strategies
• Excessive lot sizing and aggressive loss recovery
• High-frequency trading (HFT)
• Latency arbitrage, scalping arbitrage, and gap exploitation
• Flooding the market with small pip trades
• Intentional weekend/overnight gap exploitation
• Account rolling or lot-sizing techniques to bypass drawdown controls