SureLeverageFunding Reintroduces the $5,000 'Free Challenge'
SureLeverageFunding Reintroduces the $5,000 'Free Challenge'
SureLeverageFunding has announced the return of its "Free Challenge," a low-cost evaluation designed for traders to test the platform's services with minimal risk. This 2-phase challenge for a $5,000 account is available for a nominal activation fee of $1 to $5 via their dashboard.
Evaluation Structure and Targets
The challenge consists of two phases with specific profit targets and time limits:
- Phase 1: 10% profit target.
- Phase 2: 5% profit target.
- Time Limit: 30 days per stage.
Upon successful completion, traders receive a $5,000 funded account with a fixed 50% profit split. The account has a maximum total lifespan of 90 days (30 days for Phase 1, 30 for Phase 2, and 30 for the funded stage).
Risk Management and Drawdown
Traders must adhere to strict risk parameters to maintain the account:
- Maximum Drawdown: 8% static (equity must stay at or above $4,600).
- Daily Drawdown: 5% (recalculated daily at 5 PM EST).
- Stop Loss: Mandatory for funded accounts and must be set within 5 minutes of trade entry.
Trading Rules and Restrictions
The firm allows news trading and copying your own trades, but several restrictions apply to this specific model:
- No EAs: Expert Advisors are strictly prohibited on Free Challenge accounts.
- Minimum Duration: Tick scalping is not allowed; trades must be held for more than 2 minutes.
- Consistency Rule: Starting June 1st, 2025, no single trading day may equal or exceed 25% of the total profit for that payout period.
Payout Policy and Rule Breaches
The "Free Challenge" allows for only one payout request before the account is closed. The maximum withdrawal is capped at 5% of the initial balance ($250).
Soft Breaches
The firm utilizes a profit deduction system for rule violations. If a trader accumulates more than 20 soft breaches or if 50% or more of their trades are in breach of the rules, the payout request will be denied. A first denial results in the profit split being halved, while a second denial leads to account closure.
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SureLeverageFunding Reopens 1,000 Spots for Instant Funding Zero After Initial Sell-Out
SureLeverageFunding has announced the reopening of its Instant Funding Zero program after the initial 1,000 spots were fully claimed. Due to high demand from the trading community, the prop firm is making an additional 1,000 spots available for traders looking to access capital immediately without undergoing an evaluation process. Features of the No Profit Cap Program This specific version of the program stands out by removing common industry operational restrictions. The confirmed conditions for these new spots include: No profit cap. No consistency rules or minimum trading days. No lot size limits. Profit split of up to 100%. 24-hour payout guarantee. Direct Access and Limited Availability The Instant Funding Zero model allows users to start trading directly with a funded account, bypassing the typical waiting periods associated with evaluation phases. The firm has emphasized that this reopening is limited, and once this second batch of 1,000 spots is filled, the No Profit Cap option will be closed again.
SureLeverageFunding Removes Restrictions on Instant Funding Zero Accounts
SureLeverageFunding has announced a significant update to its "Instant Funding Zero" program, removing several of the most common restrictions for traders. This restructuring aims to simplify access to profits and offer a trading environment free of technical conditions. Key Changes to the Instant Funding Zero Model The revised program introduces three major improvements that directly affect profit management and daily operations: No Payout Cap: The maximum limit on the amount of profits a trader can withdraw has been removed. No Minimum Trading Days: It is no longer necessary to trade for a specific number of days before becoming eligible for a payout. Removal of Consistency Rules: The firm has eliminated mandatory consistency metrics, allowing for greater flexibility in trading styles. Availability and Conditions for Current Users These new conditions are strictly limited to the first 1,000 accounts purchased following the announcement. It is important to note that users who purchased their accounts prior to this change will remain under the previous rules in their existing contracts.
SureLeverageFunding Removes Critical Stop Loss and Lot Consistency Rules
SureLeverageFunding (SLF) has announced a significant update to its operational rulebook, removing several of the restrictions that caused the most friction among its users. These changes apply automatically and retroactively to all firm accounts, both new and existing, without the need for updates or additional payments. Removal of Operational Restrictions The firm has confirmed the definitive removal of three regulations that limited trader flexibility: Stop Loss Requirement: It is no longer mandatory to place a stop loss on trades. Previously, traders had to set one within 5 minutes of opening a position. Lot Size Consistency: The rule requiring position sizes to stay within a range based on historical averages (maximum +100% and minimum -75%) has been eliminated. Margin Rule: The firm has also announced the removal of this restriction, simplifying margin conditions within the account. Profit Consistency Remains in Effect It is crucial to distinguish that while lot consistency has been removed, Profit Consistency remains active. This rule limits the maximum percentage of profit a trader can generate in a single day relative to the total payout period, and it varies by account type: 1 Step Evaluation: 50% limit per day. 2 Step, Instant Funding Static, and EA Challenge: 25% limit. Instant Funding Trailing and Buy Now, Pay Later: 20% limit. Instant Funding Lite: 15% limit. Futures Style 1 Step Pro: 40% limit in the funded stage. Other Details and Current Rules The firm has signaled the return of Full Port Accounts, although specific details regarding their conditions or costs have not yet been published. On the other hand, the rest of SLF's regulations remain unchanged. Tick scalping (trades under 2 minutes), HFT, latency arbitrage, and the use of martingale strategies remain prohibited. Additionally, the inactivity rule remains in place, requiring at least one trade or pending order every 30 days to keep the account active.
