Funded Marketplace is a proprietary firm that provides skilled forex traders with access to simulated capital. Additionally, our platform allows traders to be rewarded for their gains on their simulated accounts.
Our mission is to empower retail traders by offering a simulated trading firm model within a demo account environment. We are committed to providing maximum flexibility, enabling traders to implement their strategies through simulated “paper trading” in demo accounts while exploring their potential without the risk of losing personal capital.
Funded Marketplace recognises that each trader has a unique approach and style, as a result we pride ourselves in supporting their individuality by offering a platform that fosters creativity and independence. At Funded Marketplace, we equip traders with the tools, resources, and simulated virtual trading capital designed to help them succeed in the financial markets.
Although using a stop loss isn’t required for your trades, we highly encourage it as a key part of smart risk management within the practice trading environment.
All phases take place in a simulated trading environment using demo accounts. In Phase 3, the trading account will remain a simulated account.
We don’t impose any time limits on your simulated trades.
For our USD accounts you can scale to a maximum of $1 000 000.00 and for our ZAR accounts you are able to scale to a maximum of R18 000 000.00
You are required to make a 10% profit over a 5 -month period with at least 3 payouts.
If you meet the minimum requirements your account increase will be by 25%.
Simulated Trading demo accounts come with an 80/20 profit split; the trader keeps 80%.
Payouts can be requested every fourteen (14) calendar days, starting from the day you receive your funded trading account.
We provide only simulated trading experiences on demo accounts. This means traders do not use their own money or trade with real funds with Funded Marketplace.
Funded Marketplace permits the utilisation of Trading Bots across all accounts and phases, with certain restrictions on the types of Trading Bots permitted.
High-frequency trading, News scalping, Arbitrage (reverse and latency), Grid Trading, Multi-account reverse trading, Any use of Emulators, Tick scalping, and any Trading Bot designed to exploit a demo server are prohibited. A violation of this rule will result in account disablement, banning, and no refund.
There are no restrictions on holding positions over the weekend during the challenge or simulated funded trading phases.
No. You must use a credit card or Debit Card that is registered in your name. Using a credit card that doesn’t belong to you is not permitted.
When setting up your profile, it’s essential to ensure that all details are accurate. Avoid using nicknames or aliases, as we will verify the information against your documents. After receiving your simulated account credentials, uploading KYC documentation is mandatory. Any discrepancies between the information on your profile and your documents may delay the approval process.
We do not allow the use of these services to try to bypass the rules of copy trading, group trading, and signal trading. If you are found to be abusing these services against the rules specified in your contract and Terms of Use, you will fail, and your account will be terminated.
All accounts are simulated capital, and the account size is dependent on your selection of account sizes as per the comparison table on the website. Account sizes range from $2.5k-$100k for the USD accounts and R50k-R2mil for the ZAR accounts.
For our USD accounts you can scale to a maximum of $1 000 000.00 and for our ZAR accounts you are able to scale to a maximum of R18 000 000.00
You are required to make a 10% profit over a 5 -month period with at least 3 payouts.
If you meet the minimum requirements your account increase will be by 25%.
Simulated Trading demo accounts come with an 80/20 profit split; the trader keeps 80%.
Payouts can be requested every fourteen (14) calendar days, starting from the day you receive your funded trading account.
We provide only simulated trading experiences on demo accounts. This means traders do not use their own money or trade with real funds with Funded Marketplace.
Funded Marketplace permits the utilisation of Trading Bots across all accounts and phases, with certain restrictions on the types of Trading Bots permitted.
High-frequency trading, News scalping, Arbitrage (reverse and latency), Grid Trading, Multi-account reverse trading, Any use of Emulators, Tick scalping, and any Trading Bot designed to exploit a demo server are prohibited. A violation of this rule will result in account disablement, banning, and no refund.
There are no restrictions on holding positions over the weekend during the challenge or simulated funded trading phases.
No. You must use a credit card or Debit Card that is registered in your name. Using a credit card that doesn’t belong to you is not permitted.
Market rollover is the one-hour window when the Forex market temporarily closes, usually around 11:00 PM South African Time. During this time, some currency pairs can see sharp price movements and fluctuations, which can vary in intensity each day. It’s also important to remember that during this period, simulated positions cannot be closed.
You will receive a discount code with your breach email for 15% off for your next purchase.
If you still have access to the email currently registered with your Funded Marketplace account, please send an email [email protected] from that email address. In your email, kindly specify your request for an email change/update. If you no longer have access to the email associated with your Funded Marketplace account, we will need to verify your identity before proceeding with the request. To do so, please provide a valid identification document (ID). You can securely send these documents through our support line. Once we have successfully verified your identity, we will proceed with the email change/update.
We accept payments via credit card, cryptocurrency, and OZOW.
We know that time is valuable, and so is money. That’s why it’s important to us that you can keep trading in simulation mode even after you’ve submitted your payout request.
For more information regarding our Refund Policy please refer to the following link for our terms and conditions – https://fundedmarketplace.com/legal-documents/
We do not implement specific risk management policies, such as recommended position sizing or maximum risk per trade. These decisions are left to the discretion of the trader.
To uphold the fairness and integrity of our challenges, changing the master or investor passwords of any demo accounts involved in a challenge or simulated prop trading is strictly forbidden. Any attempt to modify these passwords at any stage of the challenge will lead to an automatic failure, disqualifying the account from continuing.
Keeping the original passwords throughout ensures that trading activities can be properly monitored and assessed. Altering them compromises the transparency and consistency of the process and is therefore considered a breach of the challenge rules.
All demo accounts participating in challenges and simulated trading must be exclusively traded by the account owner, without any changes once a phase has started. Non-compliance will be considered a breach of the demo account. To ensure the integrity of the challenge and fair evaluation of trading skills, no modifications or third-party trading is allowed once a new phase of simulated trading begins. Only the account owner should execute trades for their demo account.
The daily drawdown limit is a key risk management measure that ensures traders keep their equity decrease within a specified range during each trading day. By following this rule, traders can safeguard their virtual capital and maintain a disciplined approach to managing potential losses.
The simulated profit targets in Phase 1 and Phase 2 are set to evaluate traders’ performance and ensure consistency in achieving desired returns. These targets give traders clear goals to work towards, helping them build their trading skills and demonstrate their ability to generate profits in a simulated environment.
Unlike many other companies that label themselves as funding companies and impose strict time limits on the evaluation process, at Funded Marketplace, we prioritise giving traders the flexibility they need to complete their evaluation. We recognise that traders have varying schedules, commitments, and trading styles that require adaptability. As a result, there is no fixed time limit for completing the evaluation stage. Traders are free to take their time, review their performance, and work towards meeting the evaluation criteria at their own pace.
For detailed information regarding our rules surrounding news trading, please refer to the following link: https://fundedmarketplace.com/legal-documents/
This page outlines the guidelines and regulations to ensure a fair-trading environment during news events.
Traders are allowed to engage in copy trading from an account they personally own and actively trade. This includes accounts with other funding companies, retail brokers, or external/internal sources, as long as the trades executed are their own.
Copy trading between two accounts not owned by the same person, including accounts of relatives and friends, is prohibited. This ensures transparency and authenticity in trading activities. Additionally, copy trading through Expert Advisors (EAs) is not allowed.
Failure to follow these copy trading rules may lead to the termination of your demo account. These rules are enforced to maintain the integrity of the trading community, prevent misuse of copy trading, and ensure a fair simulated trading environment for all.
A daily simulated drawdown rule is in place to help traders manage their simulated risk exposure. This rule sets the maximum simulated loss
allowed in a single trading day. Exceeding this limit may lead to demo account termination. The rule is enforced to prevent excessive simulated losses and safeguard traders from significant drawdowns.
A maximum simulated drawdown rule sets a cap on the total cumulative simulated loss a trader can experience during the challenge. If the maximum simulated drawdown limit is exceeded, the trader’s demo account will be
terminated, resulting in a challenge failure.
Funded Marketplace is an online evaluation services firm that uses demo accounts. It offers traders the chance to complete a simulated challenge program, allowing them to showcase their trading skills without any
financial risk of loss.
After successfully passing the simulated evaluation phase, eligible traders may receive a share of the net gains generated in their Funded Marketplace simulated trading demo accounts.
Kindly note that we only use MT5, and have partnered with the following brokers: JP Markets, Vault Markets, Rocket X, Accumarkets, Maono Markets and FBK Markets (Coming soon).
Our commissions are $5/lot for Forex, Metals, Indices across all our partnered brokers
We offer industry-standard floating spreads, meaning our spreads vary depending on market conditions.
To submit your payout request, just head to our website and use the ticketing system. Select the “Payout Request” option, and our team will take care of it quickly. We strive to make the affiliate payout process smooth and efficient, so you receive your earnings without delay. If you have any questions or need help, feel free to contact our support team. All affiliates will need to complete the KYC process to be eligible for payouts.
At Funded Marketplace, we do not offer payouts for successful simulated trading once a demo account has been breached. If your simulated prop trading demo account is breached, it will no longer be eligible for payouts, even if it was showing profits at the time. Whether the breach resulted from reaching the Daily Simulated Drawdown or the Maximum Simulated Drawdown, your account will be closed, and any simulated profits will be forfeited. This policy also applies in cases of contract termination or violations of our Terms of Service.
At Funded Marketplace, we offer traders the freedom to choose their simulated trading styles and strategies. To maintain a fair and enjoyable trading environment, we do have certain rules to prevent abusive practices.
Below is a list of prohibited simulated trading practices. Violating any of these rules will lead to the immediate closure of your simulated account:
Reverse trading is a trading strategy that identifies potential peaks (increases) and troughs (decreases) in asset prices, thus aiming to enter or exit trades based on anticipated reversals/changes in the market direction.
Hedging is a risk management strategy that involves buying or selling an investment to potentially help reduce the risk of loss caused by current news or events triggering volatility in the currency/forex market. Traders do this by opening multiple additional positions to reduce the risk of their trades.
You may hedge or execute reverse trades within a single simulated account. However, placing a buy trade in one demo account and selling trade in another is not permitted. Coordinating opposing positions across different accounts to minimise risk is also against our rules.
Buying or offering services to manage accounts is strictly prohibited. Sharing your simulated account details or allowing someone else to take on a challenge on your behalf will result in the loss of all associated simulated accounts.
High Frequency Trading (HFT) is a trading method that uses powerful computer systems to transact a large number of orders at very fast speeds. These powerful computers used algorithms that analyse multiple markets and execute orders based on market/trading conditions.
High-frequency trading methods are not allowed. Engaging with HFT will result in an immediate termination of the simulated accounts.
If you’re interested in partnering with Funded Marketplace, you can join our affiliate program by visiting our website. With Funded Marketplace you can earn up to 20% commission on every trader you refer.
Payments earned through commission referrals are made every fourteen (14)days.
Kindly note that Funded Marketplace will not render its services to clients who are based in the United States of America. The following countries are also banned due to the OFAC sanctions: Cuba, Iran, Lebanon, Syria, North Korea, Libya, Sudan and Somalia.
Showcase your expertise in market analysis, risk management, and strategic decision-making. Join our elite community of traders at Funded Marketplace. Demonstrate your talent, rise to the challenge, and maximize your profits.
Empowering traders worldwide with the tools and
support needed for success. Join our community and
elevate your trading journey.
©2024 – Funded Marketplace.
Risk Disclaimer: Funded Marketplace (Pty) Ltd is a duly authorized Juristic Representative of Fintech Focused (Pty) Ltd (Company Registration Number 2020/233367/07), which is a licensed and regulated financial institution with FSP Number: 51042. We provide access to advanced virtual demo accounts through various CFD brokers. Our platform simulates current market conditions in a virtual environment, and no live trading occurs. Please be aware that the term “funded” used on our website and in our Terms & Conditions refers to virtual funding and does not represent actual monetary value or funds. Our platform does not offer investment advice, services, or recommendations. The information available on our website is intended solely for educational purposes concerning trading in financial markets and should not be interpreted as financial advice, recommendations, or investment services. Please note that funded trading is not considered a regulated financial product under the Financial Services Conduct Authority and does not meet the criteria required for protection by the Office Ombudsman. Please also note that participation in this challenge is not protected under the Financial Advisory and Intermediary Services (FAIS) Act. Participants engage at their own risk.
WhatsApp us