Get FundedNowRules for trading are a virtual profit target of 10%, a daily loss limit of 5%, and a max drawdown of 10%.
Swap fees may apply for holding positions overnight, and traders must meet the inactivity rule by placing at least 1 trade every 30 days.
The use of EAs is permitted, but high-frequency trading, latency arbitrage, and other prohibited strategies like grid trading and Martingale are strictly forbidden.
Get Funded Now Rule Topics
Just like the other platforms, Get Funded Now Prop Firm enforces traders to stay within certain conditions; Core Concepts of Get Funded Now Policy:
- Challenge Rules
- Trading News
- Holding Overnight and Over the Weekends
- Inactivity Rule
- IP Rule
- Copy Trading
- Payout Policy
- Use of EAs
- Other Prohibited Strategies
Challenge Rules Set by Get Funded Now
The firm's Challenge rules dictate key targets and limits for each phase; Get Funded Now Evaluation Limits:
Virtual Profit Target | 10% |
Daily Loss Limit | 5% |
Max Drawdown | Up to 10% |
Virtual Profit Share | Up to 90% |
Compared to other platforms, the firm has relatively similar evaluation conditions.
Get Funded Now Trading News
During the Evaluation Stage, news is permitted. However, trades opened or closed 3 minutes before or after high-risk news events will not count, and profits from these trades will be removed.
Get Funded Now Holding Overnight and Over the Weekends
The firm allows holding simulated trades overnight and over the weekend; Swap fees may be applied to positions held overnight. Traders can capitalize on price movements outside standard hours.
Inactivity Rule In Get Funded Now
Traders must place at least 1 trade every 30 days to avoid account inactivity. Failing to do so may result in account breach, with the broker potentially deleting the demo account.
Get Funded Now IP Rule
IP rule protects account integrity and security; Get Funded Now IP Address Limits:
- Use one device with a unique IP for secure trading;
- Multiple IP addresses may lead to account termination.
Payout Policy in Get Funded Now
Traders can request profit withdrawals through their trader dashboard, but it has certain conditions; Get Funded Now Withdrawal Limits:
- Requests are processed once every 30 days;
- Payouts will be reflected within 48 to 72 hours;
- The first two requests have up to $10,000 limits.
Get Funded Now EAs
Expert Advisors (EAs) are allowed on both GFN evaluation and simulated funded accounts, but they cannot be used on multiple accounts.
Additionally, EAs must have a stop loss at entry, unless the No Stop Loss add-on is purchased.
Copy Trading Limits by Get Funded Now
Copy trading is allowed, but it comes with certain restrictions; Get Funded Now Copy Limitations:
- They must be only between accounts owned by the same individual;
- Each trader must have unique parameters, even with the same EA.
Get Funded Now Prohibited Strategies
Certain strategies are prohibited under Get Funded Now's rules; Get Funded Now Forbidden Practices:
- Grid (Reverse) Trading
- Latency Arbitrage
- High-Frequency Trading (HFT)
- Account Sharing or Account Sale
- Martingale Trading
- Hedging
Writer’s Opinion and Conclusion
Get Funded Now Rules enforce using a unique IP to avoid violations. Profit withdrawals are allowed once every 30 days, with a payout time of 48-72 hours and a withdrawal limit of up to $10,000.
News trading is allowed, but trades opened or closed within 3 minutes of high-risk news events will not count.
For the latest educational articles about the firm, check Get Funded Now Tutorials.
