Before diving into the 24Funded Evaluation, it’s important to understand what lies ahead.
Sign Up and Start: After registering, you have the option to jump straight into the 24Funded Evaluation or, as we typically recommend, begin with our Free Trial. The Free Trial is a complimentary version of the 24Funded Evaluation, designed specifically for practice. During the Free Trial, you’ll have the opportunity to explore some of our trading tools and receive a brief performance analysis. You can retake the Free Trial as many times as you need to ensure you’re fully prepared for the 24Funded Evaluation.
Ready to Take the Challenge? Once you feel confident and ready, you can configure your 24Funded Evaluation account here. (link it to register)
Important Considerations: Please note that earning a 24Funded Account cannot be based on your performance in the Free Trial or any external track record. Our Evaluation Process is meticulously designed to assess your trading abilities and determine if you qualify for a 24Funded Account.
Yes, 24Funded has a proven track record, helping numerous traders achieve their financial goals. We've paid out substantial amounts to our traders and built a strong reputation in the trading community.
You can find reviews of 24Funded on platforms like TrustPilot, and other trusted review sites. Many clients also share their experiences on YouTube, and you can check out their feedback in our Testimonials section.
24Funded is a comprehensive platform designed for traders who are ready to prove their skills and take their trading to the next level. We have established a rigorous 2-step Evaluation Process to identify traders who possess the qualities we seek. This process includes the 24Funded Evaluation and Verification stages. Upon successfully passing these stages, traders are granted access to a 24Funded Account, where they can earn up to 90% of their profits.
Trading is a challenging journey, and we’re committed to supporting our traders every step of the way. Our platform offers educational tools, detailed account analyses, and access to performance coaches to help guide our traders toward success.
24Funded welcomes traders from around the globe, with certain exceptions listed below.
Eligibility Criteria:
Service Availability:
Our services are available in most countries. Please note that this availability is subject to internal business decisions and may change based on evolving legal and regulatory standards.
Restricted Regions:
24Funded does not provide services to individuals (both nationals and residents) in the following regions:
Additionally, due to risk management considerations, 24Funded does not offer services in the following countries: Afghanistan, Antarctica, Antigua and Barbuda, the Republic of Belarus, Belize, Bhutan, Bouvet Island, Burundi, Cape Verde, Central African Republic, Chad, Cook Islands, Comoros, Republic of the Congo, Cuba, Djibouti, Dominica, Equatorial Guinea, Eritrea, Fiji, Gabon, Gambia, Grenada, Guinea, Guinea-Bissau, Holy See (Vatican City State), India, the Republic of Indonesia, Iraq, Kazakhstan, Kiribati, Kosovo, Kyrgyzstan, Lesotho, Liberia, Malawi, Mali, Mauritania, Marshall Islands, Micronesia, Nauru, Niger, Niue, Papua New Guinea, the Russian Federation, Saint Barthélemy, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Seychelles, Sierra Leone, Solomon Islands, Somalia, South Sudan, Sudan, Suriname, Eswatini, Tajikistan, Timor-Leste, Tokelau, Tonga, Turkmenistan, Tuvalu, Ukraine (restrictions are limited to the regions of Crimea, Sevastopol, Donetsk, Kherson, Luhansk, and Zaporizhzhia), Uzbekistan, Vanuatu, Venezuela, and Western Sahara
Trading can be challenging, with many traders facing common obstacles such as undercapitalization, fear of losing their own money, psychological pressures, lack of discipline, growth limitations, and insufficient support from their surroundings. Making a living as a retail trader, especially when using your own money, is difficult. However, with 24Funded, you can access a funded account with up to $400,000 of capital, allowing you to trade without the actual risk of losing your own money.
At 24Funded, we understand that being a successful trader requires more than just capital. We provide our traders with optimal conditions to help them perform at their best. You’ll have access to our innovative trading tools that can enhance your trading edge, as well as detailed feedback on your performance. Additionally, 24Funded traders can consult with our Performance Coaches free of charge.
Discipline is another key aspect of successful trading, and at 24Funded, we emphasize the importance of professional risk management. We’ll carefully monitor your trading results and provide assessments through Account Analysis and Trader’s Analysis. Our rules are designed to help you develop disciplined trading habits, reducing the risk of over-trading, revenge trading, or over-leveraging.
Another benefit of joining 24Funded is the flexibility in managing your profits. Whether you prefer to compound your account or withdraw your hard-earned profits, 24Funded allows you to do both. Once you reach the funded trader stage, you can withdraw your profits anytime between 14 to 60 days after your first trade, according to our Profit Split plan. If you’re consistently profitable, we may also allocate more balance to your account through our Scaling Plan, allowing you to grow your account while getting paid.
Lastly, the initial fee you pay to join 24Funded will be refunded to you with your first Profit Split.
To become a 24Funded Trader, you need to successfully complete our 2-step Evaluation Process.
Step 1: 24Funded Evaluation
Begin with a demo account that contains fictitious capital. You'll need to trade according to our Trading Objectives, benefiting from superior account conditions including low commissions and tight spreads. If you meet all the requirements, you'll advance to the next stage of the evaluation.
To become a 24Funded Trader, you need to successfully complete our 2-step Evaluation Process.
Step 2: Verification
In this stage, you’ll use another demo account with fictitious capital to confirm your performance and consistency one final time. The rules during Verification are more relaxed compared to the initial evaluation. For a detailed explanation of the rules, please visit our Trading Objectives page.
Once you successfully pass the Verification stage, you will undergo a final review of your trading performance. If approved, you'll be invited to finalize your contract for a 24Funded Account. This process involves providing identification documents (such as a passport or national ID card) and completing the necessary identification procedures in line with 24Funded’s internal policies.
Please note that 24Funded does not provide services to individuals from certain restricted countries, those on sanction lists, individuals with criminal records related to financial crimes or terrorism, or anyone below the age of 18. We also do not accept company trusts or individuals previously banned for breach of contractual requirements. If any of these issues are discovered after the agreement has been signed, 24Funded reserves the right to terminate the contract.
Additionally, 24Funded does not grant accounts based on past trading track records.
To become a 24Funded Trader, you must meet the minimum requirement of trading for at least 4 trading days during each phase of the evaluation. This means you need to trade for a minimum of 4 days in the initial Evaluation phase and another 4 days in the Verification phase. These trading days do not need to be consecutive.
There is no maximum time limit for completing the Evaluation Process, allowing you to take as long as you need to fulfill the requirements.
After meeting all the Trading Objectives and having your trades reviewed, you can advance to the next phase immediately. In summary, you could potentially start using your 24Funded Account after as few as 8 trading days.
Once you have met all the Trading Objectives in your 24Funded Evaluation, you will receive a notification in your 24Funded Account dashboard confirming your success. At this point, you do not need to continue trading the evaluation account, as your Trading Objectives will be marked as completed. We will automatically be alerted of your success and proceed to review your trading results.
Within approximately 1-2 business days, you will receive the new account login credentials for the Verification phase.
Upon successfully passing the Evaluation, you will trade with the same account balance as you had during the Evaluation. For example, if you traded with $200,000 in your Evaluation, you will also have access to a $200,000 24Funded Account.
Please note that all accounts provided are demo accounts with virtual funds. Once you become a 24Funded Trader, you will receive login credentials for your demo account. You are entitled to keep up to 90% of the profits generated on this account.
If you wish to trade with a larger balance, you can apply for another Evaluation. Each Evaluation must be completed from the beginning, regardless of any previous successful evaluations. We allow a maximum capital allocation of $400,000 per trader or strategy at any given time. This can be split as 2 accounts with $200k each, or 4 accounts with $100k each, for instance. It is important to avoid multiple registrations with identical trading strategies, as exceeding the $400,000 allocation may lead to account suspension.
For those using an Aggressive risk setup, the maximum capital allocation is $200,000 due to doubled loss limits.
If you consistently demonstrate profitability, we are pleased to increase your capital allocation according to our Scaling Plan.
The 24funded Challenge is the initial step in our Evaluation Process. To qualify for a funded account, we need to ensure that you can trade responsibly and manage risk effectively. The trades you perform in this phase will help us gauge your trading capabilities and risk management skills. The Challenge stage features reasonable rules where the Profit Target is balanced with the drawdown limits, referred to as Trading Objectives.
There is no time limit to complete the Challenge; the Trading Period is indefinite. Once you meet all the Trading Objectives and your results are reviewed, you will move on to the Verification phase. The minimum time required to complete the 24funded Challenge is 4 trading days.
The Verification stage is the second and final step of our Evaluation Process. Its purpose is to assess your trading consistency and ensure that you can maintain profitability with your trading system or strategy over time while adhering to the rules. Compared to the Challenge stage, the Verification phase has easier Trading Objectives, with the Profit Target reduced by half. As with the Challenge, there is no time limit to complete the Verification; you have an unlimited amount of time to meet the objectives.
Once you successfully achieve all Trading Objectives and your results are reviewed, you will proceed to finalize your identity verification to sign the contract for your funded account. There is no need to wait any longer!
Once you become a 24Funded Trader, we have confidence in your trading skills and risk management capabilities, which is why we offer top-notch trading conditions. To provide you with more flexibility and reduce stress, we have removed the Profit Target requirement, allowing you to trade with greater peace of mind.
The main Trading Objectives you need to adhere to are the drawdown rules—specifically, the Maximum Daily Loss and Maximum Loss. These rules are fundamental to trading discipline. Your performance in managing these aspects is crucial, as it may influence our trading strategies in real financial markets.
In the 24Funded Challenge and Verification, you are free to trade during all news releases without any restrictions.
However, after you become a 24Funded Trader, there are specific rules to follow regarding news trading, particularly if you are not on a Swing account type. For 24Funded Traders, trading restrictions apply to certain reports and instruments. Specifically, you are not allowed to open or close trades on the targeted instruments in the 2-minute window before and after the release of specific news announcements. This includes opening or closing pending orders, stop losses, or take profits.
You are permitted to hold trades that were opened more than 2 minutes prior to the restricted news event. If a trade's stop loss or take profit is activated during the restricted period, it may be considered a violation of the 24Funded Account Agreement. You can still trade non-targeted instruments normally, such as trading EURGBP or AUDNZD during a major US news release like NFP, but avoid trading USDJPY or GBPUSD during that time.
In the 24Funded Challenge and Verification, you are not required to close your positions overnight. You can keep your trades open both overnight and over the weekend during these evaluation stages.
However, once you become a 24Funded Trader and receive your funded account, you must close your positions before the market closes for the weekend or if the market break (rollover) is longer than 2 hours. Adhering to market timings is crucial, as each asset class and its instruments have specific trading hours that you need to follow.
Standard market hours are displayed in your trading platform and on the 24Funded Symbols site, but be aware that trading hours may change due to holidays or other events. It’s advisable to regularly check the Trading Updates section for any changes.
In 24Funded, trading according to a real market means that your trading practices should align with actual market conditions and standards. This involves:
Legitimate Trading:
Your strategies should reflect realistic trading practices that are feasible in a real market environment.
Avoiding Harmful Practices:
You must not use practices intended to exploit the system or manipulate the Evaluation Process or the funded account. This includes avoiding strategies that could be considered abusive or manipulative.
Compliance with Rules:
You should adhere to the rules set out by 24Funded, including not engaging in any trading practices that contradict the functioning of real financial markets.
All trading with 24Funded, including Free Trials, Evaluation Processes, and Funded Accounts, is simulated with virtual capital. However, 24Funded uses data from these simulations to inform their live trading strategies. Therefore, maintaining proper risk management and realistic trading practices is crucial.
For more details, review 24Funded’s Terms & Conditions, especially the section on forbidden trading practices, to ensure compliance.
When you become a 24Funded Trader, you are provided with a demo account containing fictitious capital. The 24Funded Account operates with real market quotes provided by liquidity providers. Although the funds are simulated, the market data reflects actual market conditions.
The trades executed on your 24Funded Account are simulated and do not involve real financial transactions or liquidity. This means no actual money is traded in the live market.
24Funded conducts its own trading activities outside of the 24Funded platform using real capital. Data from the trades executed on the 24Funded demo accounts may be used to inform 24Funded’s own trading decisions.
24Funded continuously monitors and analyzes the trades made by its traders in the demo environment. This data helps 24Funded assess trading strategies and performance for potential use in its own trading activities. The trades performed by 24Funded are independent of and do not affect the simulated trading environment of the 24Funded traders.
The execution of trades by 24Funded on its own accounts does not influence or interfere with the trading activities of the 24Funded Traders. The processes remain separate, ensuring no impact on the traders' simulated trading experiences.
24Funded Traders operate with a demo account with fictitious capital but can earn real money based on their performance. If you generate a profit on your 24Funded Account, you are entitled to receive a real monetary reward.
Profit Split and Withdrawal Process:
Profit Split Timing:
The Profit Split occurs on a monthly basis by default. However, you can request a payout on-demand after 14 calendar days from your first trade on the account. You can adjust the Profit Split Day up to 3 times for each withdrawal, with the adjustment period extending from 14 days to 60 days from the start of trading. If no changes are made, the Profit Split Day will be fixed to the end of the current month cycle.
Processing Time:
Withdrawals are processed within 1-2 business days after confirming your payout request.
Payment Methods:
Profits can be withdrawn through bank wire transfers, Skrill, or cryptocurrencies. 24Funded does not charge any commissions for withdrawals.
Profit Requirement:
There is no minimum profit threshold required to receive a payout, aside from covering transaction fees. For bank wire transfers, a minimum profit of $20 is required, and for cryptocurrency payouts, a minimum profit of $50 is needed to cover transaction costs.
Profit Share:
You are entitled to withdraw 80% of the profit you generate. If you meet the conditions of the Scaling Plan, which includes increasing your account balance, you can receive a 90% payout.
Accumulating Profits:
If you prefer, you can leave your profits in your account to grow and build up your balance and drawdown buffer. However, the split (20%, or 10% with the Scaling Plan) will always be applied.
Note:
Always ensure to check the latest terms and conditions related to profit withdrawals and scaling plans as they may update periodically.
You are solely responsible for the payment of any and all taxes, levies, or fees that apply to you in relation to your 24Funded account and income. This responsibility includes understanding and complying with the relevant tax laws and regulations applicable in your jurisdiction. 24Funded is not able to provide tax advice or instructions.
Yes, you can change your trading platform after completing each stage of the Evaluation Process. This means you can switch platforms after finishing the Challenge, Verification, or each payout cycle on your funded account.
To change your trading platform, go to your Account and click the “Modify” button in the upper section.
Note that changes are not possible during the progress of your trading or for Free Trials.
To apply for a 24funded Challenge, follow these steps:
Sign Up:
Create your account on 24funded.
Configure Challenge Parameters:
Visit the challenge application page and configure your account parameters.
Submit the Order Form:
Complete and submit the order form.
Payment:
You will be redirected to the payment page to finalize your purchase.
Order Confirmation:
After payment, you will receive an order confirmation email.
For 24funded Challenges, you can use the following payment methods:
Please note that bank transfers are not available for payments or payouts in the following countries due to regulatory reasons: Venezuela, Cuba, Sudan, and Ukraine.
No, we don’t charge any additional or hidden fees. The one-time fee for a 24funded Challenge covers everything, including the Evaluation Process. There are no recurring fees. Additionally, your fee will be reimbursed to you when you successfully pass the Challenge and Verification with the first Profit Split on your 24funded Account.
We do not place any limit on the number of accounts you can have during the 24funded Challenge and Verification stages. However, as a 24funded Trader, there is a maximum capital allocation limit of $400,000 (prior to scaling) per trader or strategy at any given time.
Equivalent limits apply for other currencies:
These limits are in place for risk mitigation and diversification purposes. Be cautious not to acquire multiple accounts through various registrations, as this is not permitted. If identically traded strategies are discovered across multiple accounts exceeding the total limit of $400,000, we reserve the right to suspend those accounts as per the agreement.
If you wish to combine individual accounts into a single master account, we can facilitate this upon request. The accounts to be merged must meet the following conditions:
The merged account will then have a combined balance and the drawdown limits of 5% Maximum Daily Loss / 10% Maximum Loss. Profits can remain in the account before merging.
We understand that trading psychology can significantly impact your trading performance. Many traders face challenges such as overtrading, revenge trading, greed, and FOMO (Fear of Missing Out). It is often said that a large part of trading success—up to 80%—depends on maintaining a proper state of mind, managing emotions, and achieving psychological stability.
To support our traders in overcoming these psychological hurdles, we have partnered with experienced performance coaches. Their services are available to all 24funded Traders to help improve trading discipline and mental resilience.
Before diving into the 24Funded Evaluation, it’s important to understand what lies ahead.
Sign Up and Start: After registering, you have the option to jump straight into the 24Funded Evaluation or, as we typically recommend, begin with our Free Trial. The Free Trial is a complimentary version of the 24Funded Evaluation, designed specifically for practice. During the Free Trial, you’ll have the opportunity to explore some of our trading tools and receive a brief performance analysis. You can retake the Free Trial as many times as you need to ensure you’re fully prepared for the 24Funded Evaluation.
Ready to Take the Challenge? Once you feel confident and ready, you can configure your 24Funded Evaluation account here. (link it to register)
Important Considerations: Please note that earning a 24Funded Account cannot be based on your performance in the Free Trial or any external track record. Our Evaluation Process is meticulously designed to assess your trading abilities and determine if you qualify for a 24Funded Account.
Payment Methods
