RaiseMyFunds rules require traders to adhere to daily (5%) and overall drawdown (10%) limits. High-risk strategies like 70%+ margin use and millisecond trades are banned. News trading is allowed, but with caution.
RaiseMyFunds Rule Topics
Here are the key rule categories within the RaiseMyFunds prop firm:
- Challenge Rules
- Prohibited Strategies
- News Trading
- Payout Policies
- Overnight Holding
RaiseMyFunds Challenge Rules
RaiseMyFunds prop firm offers a two-step challenge with clear profit and drawdown requirements.
Stage | Profit Target | Daily Loss | Max Overall Loss |
Phase 1 | 10% | 5% | 10% |
Phase 2 | 5% | 5% | 10% |
As you can see, the phase 2 has the same daily loss and overall loss conditions.
RaiseMyFunds Prohibited Strategies
RaiseMyFunds bans the following high-risk, unfair, or exploitative strategies:
- Gambling Behavior: Overleveraging, high margin use (70%+), or no stop-loss
- HFT: Millisecond automated trades that distort markets
- Cross-Account Hedging: Opposite trades across different accounts
- Arbitrage Trading: Exploiting timing or platform price gaps
- Grid Trading: Multiple layered orders across price levels
- Latency Trading: Feed delay exploitation
- Account Rolling: Buying many accounts to pass with chance
- One-Sided Betting: Trading heavily in one direction without analysis
- Platform Exploits: Using platform glitches to profit
- Voluntary Hidden EA: Using automation that conceals its presence
RaiseMyFunds News Trading
News trading is permitted on the RaiseMyFunds platform. However, traders are strongly advised to exercise caution, as major news events can lead to sharp price movements, increased spreads, and reduced liquidity.
These conditions may result in slippage or unexpected order execution. While news trading can be profitable, it also carries elevated risk, especially during high-impact economic releases.
RaiseMyFunds Payouts
RaiseMyFunds offers a bi-weekly payout cycle under certain conditions; RaiseMyFunds Withdrawal Policy:
- Traders must trade for 14 days and make at least $50 profit before withdrawal;
- After a payout, a new 14-day cycle begins with the same $50 target;
- Payouts are validated and deposited to the trader’s virtual wallet.
its important to note that traders must complete the RaiseMyFunds verification process before requesting payouts.
RaiseMyFunds Overnight Holding
You are allowed to keep positions open overnight; however, this will incur swap fees, which are applied based on the instrument and the duration the position is held.
TF Expert Suggestion
RaiseMyFunds rules create a safer trading environment by restricting strategies such as hedging, arbitrage, one-sided betting, and High-Frequency Trading. Traders must earn at least $50 profit and trade for 14 days before requesting withdrawals.
Payouts follow a bi-weekly payout schedule, deposited into the trader’s virtual wallet. For the latest articles about this firm, including the RaiseMyFunds registration guide, check out the RaiseMyFunds tutorials page.
