How to become
a funded trader
Join a prop firm that gives you the freedom to trade without endless rules.
How it works
STEP 1
Pass the
assessment
Complete the Nordic Funder assessment to get your funded trader account.
SEE EXAMPLE
You need to reach 10% profit in your assessment account to qualify for funding. For example, if you have a $100,000 account, you need to reach $110,000 of equity (10% profit) to pass the assessment.
STEP 2
Reach 10%
profit
When your funded account gains 10% profit, you qualify for additional funding.
SEE EXAMPLE
On a $100,000 funded account, you need to reach $110,000 in your equity (10%) to qualify.
STEP 3
Get paid and
scale
Receive your profit share and get a new account with another level of capital.
SEE EXAMPLE
Once you reach 10% profit in the funded account, we will pay your profit share, close the account and give you a new one with another increment of your initial capital. For example, if you begin with a $50,000 account, you'll scale to a $100,000 account, then a $150,000 account, and so forth.
Fair and square rules
TARGET
10% target
profit
Make 10% profit and qualify for a funded account or scale to the next level.
SEE EXAMPLE
On a $100,000 account, you need to reach $110,000 of equity (10% profit) to qualify or scale.
LIMIT
10% max trailing loss
Your equity can't fall below 10% of your starting balance from the high watermark.
SEE EXAMPLE
If your account balance reaches a high watermark of $101,000, your equity can't fall below $91,000 (10% of your starting balance).
LIMIT
5% max
daily loss
Your account equity can't fall below 5% of your previous EOD balance.
SEE EXAMPLE
On a $100,000 account, if your EOD Balance yesterday was $102,000, your equity today can't go below $96,900 (5%).
CONDITION
No time
constraints
Take as long as you need or pass as fast as you can. Get your payout the same day.
SEE EXAMPLE
You have no minimum or maximum trading days to pass or consistency rules to follow. You can pass the assessment in a day, or take as long as you need, providing you trade at least once in 30 days and pass within 12 months.
CONDITION
One-stage
assessment
Prove yourself once and get funded. No recurring fees and hidden rules.
SEE EXAMPLE
After you pass the assessment, you will go straight to a funded account. No other steps or fees.
CONDITION
Max lot
sizes
Trade lot sizes proportional to your account size and leverage.
SEE EXAMPLE
If you have a $100,000 account with 1:10 leverage, you can open a maximum of 10 lots at any given time. If any position becomes profitable, you can secure those profits with a SL at break-even or profit and they no longer contribute to your max lot allowance.
Simple guides to understanding our program
Frequently asked questions
1How long does the assessment last?
The assessment can last up to 12 months, but you can complete it much faster. While traders can complete the assessment in one day, please keep in mind we want you to demonstrate a pattern of good decision-making and risk management.
2Why must I take an assessment?
We require everyone to pass an assessment before they’re given a funded trading account with our broker. The assessment evaluates your trading abilities and helps us ensure our funds are safe in your hands.
3Is the assessment fee refundable?
Yes. We refund the assessment fee when you reach 10% profit and scale your account. Please note that the fee is only refunded the first time, and we do not refund risk upgrades.
4How and when can I get a payout?
Once you have a funded account, you can request a payout from the profit generated in the funded account according to your performance fee. You can request your first payout after 24 hours. Payouts are made using Deel. Each trader is entitled to a payout every 14 days.
5Do you have an instant funding program?
No. Funding without an assessment is too risky for our firm. Consider opening a brokerage account if you want to start trading without passing an assessment.