FAQ
2 Step Challenge
You can choose from various capital options ranging from $2.5K to $100K. The respective prices are as follows:
- $2.5K: $24
- $5K: $49
- $10K: $99
- $25K: $199
- $50K: $299
- $100k: $499
The profit target for Phase 1 is 8%, and for Phase 2, it's 5%. There is no limit on profit targets for funded accounts.
Yes. For 2-Step challenges, traders need to complete three profitable days in each phase to advance and become eligible for payout.
These rules ensure that traders demonstrate consistency and maintain profitability throughout the challenge.
What counts as a profitable day?
A profitable day occurs when the sum of all closed positions for that day results in a net profit of at least 0.5% of your initial account balance. For instance, with a $10,000 account, you need to generate a net profit of $50 or more on a single day for it to count as a profitable day.
What is considered a trading day?
Your activity after 24-hour period determines whether the day's trades meet the profitable day criteria.
How are profits on positions held over multiple days counted?
If a position is held over several days, the profit counts on the day the position is closed. Regardless of how long the trade was open, it is considered as part of the closing day’s result.
Do the profitable days need to be consecutive?
No, the profitable days do not need to be consecutive. Traders must achieve the required number of profitable days within each phase of the challenge to pass and during the funded phase to qualify for payouts.
The daily drawdown limit is 4% for both phases, and the overall drawdown limit is 12% for Phase 1 and 12% for Phase 2.
Yes, weekend holding is allowed in both phases.
Yes, the fees are refundable. Once you become a funded trader with ExpressFunded, you'll receive a refund of your initial challenge fees upon your 4th payout from the funded account.
1 Step Challenge
The capital options range from $2.5K to $100K with the following prices:
- $2.5K: $24
- $5K: $49
- $10K: $99
- $25K: $219
- $50K: $329
- $100K: $549
The profit target for the 1 Step Challenge is 12%, and there is no limit for funded accounts.
Yes. For 1-Step challenge, traders need to complete four profitable days to advance and pass the challenge phase.
These rules ensure that traders demonstrate consistency and maintain profitability throughout the challenge.
What counts as a profitable day?
A profitable day occurs when the sum of all closed positions for that day results in a net profit of at least 0.5% of your initial account balance. For instance, with a $10,000 account, you need to generate a net profit of $50 or more on a single day for it to count as a profitable day.
What is considered a trading day?
Your activity after 24-hour period determines whether the day's trades meet the profitable day criteria.
How are profits on positions held over multiple days counted?
If a position is held over several days, the profit counts on the day the position is closed. Regardless of how long the trade was open, it is considered as part of the closing day’s result.
Do the profitable days need to be consecutive?
No, the profitable days do not need to be consecutive. Traders must achieve the required number of profitable days within each phase of the challenge to pass and during the funded phase to qualify for payouts.
The maximum daily loss is 3%, and the maximum overall loss is 8%.
Yes, weekend holding is allowed.
Yes, the fees are refundable. Once you become a funded trader with ExpressFunded, you'll receive a refund of your initial challenge fees upon your 4th payout from the funded account.
Account Management and Progression
Once you clear either phase, you must wait 24 hours for your funded live account. Then, complete the KYC verification with our designated broker.
Rules
Ensuring Withdrawal Eligibility with Express Funded
At Express Funded, we have zero payout denials—just make sure you meet the necessary criteria to be eligible for a payout. If you’ve ever wondered how to ensure your withdrawals are eligible, here's a detailed explanation.
To be eligible for withdrawal, you need to meet three key criteria:
- Lot Size Consistency
- Trade Duration
1. Lot Size Consistency
Lot size consistency means maintaining a consistent lot size throughout your trades on the funded account. You must use the same lot size that you started with, but there is some flexibility to adjust this lot size. Specifically, you can increase or decrease your initial lot size by multiplying your average lot size by 2 (to increase) or by 0.5 (to decrease).
Understanding Your Average Lot Size
To calculate your average lot size, use the following formula:
Average lot size = Total lot size / number of trades
Example Calculation:
Let’s say you started trading with 0.03 lots, and you’ve taken 8 trades, each using 0.03 lots. Here’s how you would calculate your average lot size:
Step 1: Calculate the total lot size.
0.03 x 8 = 0.24
Step 2: Calculate the average lot size.
0.24 ÷ 8 = 0.03
Therefore your average lot size is 0.03. This formula gives you the average size of the lots you’ve used across all your trades.
Increase/ Decrease your lot size while maintaining Lot Size Consistency:
To adjust your lot size while staying within the lot consistency rule, you need to multiply your average lot size by 2 to increase it, or by 0.5 to decrease it.
Increase Your Lot Size:
Multiply your average lot size by 2.
0.03 x 2 = 0.06
Decrease Your Lot Size:
Multiply your average lot size by 0.5.
0.03 x 0.5 = 0.015
This means you can adjust your lot size within the range of 0.015 to 0.06. Any lot size you use outside of this range will be considered ineligible for withdrawal.
TIP: Make sure to follow this formula closely to avoid any issues with lot size consistency. It may take some time to fully grasp this concept, so don't hesitate to review it multiple times until you’re confident.
2. Trade Duration
The second rule is about the duration of your trades. For a trade to be eligible for withdrawal, it must remain open for at least 5 minutes.
Example:
- If you open a trade at 8:00 AM, it needs to stay open until at least 8:05 AM.
- If you close the trade at 8:03 AM, the profits from that trade will be ineligible for withdrawal.
This rule ensures that trades are not just quick scalps but have a meaningful duration.
Conclusion
By following these rules—ensuring lot size consistency and meeting the trade duration requirement — you can guarantee that your withdrawal requests will be processed smoothly.
Even if your account has a large balance, only the trades that meet the eligibility criteria (lot size consistency, trade duration, and the minimum number of eligible trades) will be considered for withdrawal. This ensures fairness and adherence to the trading rules.
We encourage you to study these rules carefully to ensure your success. We’re committed to supporting your trading journey, and by adhering to these guidelines, you can confidently look forward to receiving your payouts.
Good luck with your trading, and thank you for choosing Express Funded!
The Lot Consistency Rule is a policy implemented by Express Funded to ensure that traders maintain consistent trading behavior over a specified period before they can make a withdrawal from their trading accounts. This rule helps us manage risk and ensure that traders are not engaging in erratic or high-risk trading practices that could jeopardize the firm's capital.
Purpose
The primary objectives of the Lot Consistency Withdraw Rule are to:
Promote disciplined trading: Encourage traders to follow a consistent trading strategy.
Mitigate risk: Reduce the likelihood of significant losses due to inconsistent or impulsive trading behavior.
Ensure fairness: Provide a standardized measure for withdrawal eligibility, ensuring all traders adhere to the same criteria.
Rule Criteria
Lot Consistency Rule calculates the average lots of all trades, to find the 2 top and the 0.5 bottom limit of the lots.
Example 1: Compliance
Trader A starts trading with 1 standard lot per trade.
Trader A continues to trade with lot sizes with average lot 1.5 lot, and the threshold of the lot consistency is top 2 times, and bottom 0.5 times, ranging from 3 to 0.75 standard lots.
Trader A makes 10 eligible trades out of 15 trades, within 3 to 0.75 lots during this period.
Result: Trader A has 10 eligible trades for a withdrawal, as they have maintained lot consistency within the allowable deviation and met the trade frequency requirement.
Example 2: Non-Compliance
Trader B starts trading with 1 standard lot per trade.
Within the payout cycle active days for 5 days, Trader B continues to trade with lot sizes with average lot 2 lots, and the threshold of the lot consistency is top 2 times, and bottom 0.5 times, ranging from 4 to 1 standard lots.
Trader B makes 0 eligible trade out of 15 trades, within 4 to 1 lots during this period.
Result: Trader B is not eligible for a withdrawal, as they have not maintained lot consistency within the allowable deviation, no eligible trades and have not met the trade frequency requirement.
PS: Any trades that's outside the range, will be counted as ineligible trades. And will not be included for calculation for the withdrawal. And for those ineligible trades, it could be withdrawn if somehow in the future the trades becomes eligible. For the withdrawn trades, will not be calculated anymore, and will be excluded from the eligible trades profit sum calculation.
When a trader request a withdrawal, trade open duration must be exceed 5 minutes
No, Express Funded does not require the use of stop loss, giving you greater flexibility in your trading strategy.
The profit cap rules vary depending on the account size. But for all accounts, the minimum withdrawal amount is $100 and $50 minimum withdrawal for $2500 accounts.
You don’t need to reach the profit cap limit to place a withdrawal. You are allowed to place a withdrawal as long as it is equal to or below the profit cap limit.
This rule sets a maximum profit limit that a trader can have before asking for a withdrawal. It helps manage expectations and ensures users are withdrawing reasonable amounts, preventing too much money being taken out at once.
It's important to note that Profit cap rules always reset after each payout is approved. So you will enable you to make multiple withdrawals without any issues.
Additionally If you are seeking greater withdrawal flexibility, please note that our $50,000+ accounts does not have any profit caps and may offer a suitable solution for your needs.
The profit cap rules vary depending on the account size. But for all accounts, the minimum withdrawal amount is R1,000. You don’t need to reach the profit cap limit to place a withdrawal. You are allowed to place a withdrawal as long as it is equal to or below the profit cap limit.
This rule sets a maximum profit limit that a trader can have before asking for a withdrawal. It helps manage expectations and ensures users are withdrawing reasonable amounts, preventing too much money being taken out at once.
It's important to note that Profit cap rules always reset after each payout is approved. So you will enable you to make multiple withdrawals without any issues.
Additionally If you are seeking greater withdrawal flexibility, please note that our R500,000+ accounts does not have any profit caps and may offer a suitable solution for your needs.
No, for beginners and CFD traders, avoiding swap fees in forex is straightforward: Close all positions before the daily rollover time, typically at 23:59 EST.
No, trade copiers are not permitted. We aim to ensure that all trading activity is conducted by the account holder.
1. Prohibited Use: Any form of automated or manual trade copying, including the use of third-party trade copier tools or software, is not allowed.
2. Account Holder Responsibility: All trades must be executed directly by the account holder without the assistance of external tools or individuals.
3. Violation Consequences: Accounts found to be in violation of this rule will be immediately terminated. Refunds for purchase payments will be processed in accordance with our refund policy, and the account holder will be permanently banned from accessing our services.
4. Monitoring and Enforcement: Our risk department actively monitors accounts for prohibited activities. If any suspicious activity is detected, the account will be subject to further investigation, and appropriate action will be taken.
We are committed to upholding the integrity of our platform and ensuring that every user has a fair opportunity to succeed. Thank you for your cooperation and understanding.
Absolutely, news trading is permitted. We understand that news events can offer valuable trading opportunities.
Unfortunately, the use of Expert Advisors and HFT bots are not allowed. Our focus is on individual trading skills.
Yes, you can. Weekend holding is allowed, providing you with more time to keep your trades open if needed.
The limit depends on the type of account you have—Challenge Account or Funded Account. For more details, here is the Max Trading Volume Guideline.
Challenge Accounts:
- Lot Size Restrictions: None. You're free to trade any lot size, with the only limitations being those set by your broker.
Funded Accounts:
Lot Size Daily Limits: The lot size limits vary based on the account size and asset type:
- $2.5K - 5K Accounts: Up to 5 lots for Forex, Indices, cryptocurrencies and Commodities.
- $10K Account: Up to 10 lots for Forex, 5 lots for Indices, cryptocurrencies and Commodities.
- $25K - $100K Accounts: Up to 10 lots for Forex, 6 lots for Indices, cryptocurrencies and Commodities.
Complying with Max Lot Exposure Rules:
- Example 1: If you have a $50K account and initiate 4 trades on US30, each with 1 lot, you're within the guidelines.
- Example 2: A single trade of 4 lots on US30 within a day also complies with the rules.
Violation Consequences:
First Violation:
- The account will be moved to Phase 1.
- All profits will be forfeited.
- A warning will be issued.
Second Violation:
- The account will be breached.
The limit depends on the type of account you have—Challenge Account or Funded Account. For more details, here is the Max Trading Volume Guideline.
Challenge Accounts:
- Lot Size Restrictions: None. You're free to trade any lot size, with the only limitations being those set by your broker.
Funded Accounts:
Lot Size Daily Limits: The lot size limits vary based on the account size and asset type:
- R25K - 50K Accounts: Up to 5 lots for Forex, Indices, cryptocurrencies and Commodities.
- R100K Account: Up to 10 lots for Forex, 5 lots for Indices, cryptocurrencies and Commodities.
- R200K - R1Mil Accounts: Up to 10 lots for Forex, 6 lots for Indices, cryptocurrencies and Commodities.
Complying with Max Lot Exposure Rules:
- Example 1: If you have a R50K account and initiate 4 trades on US30, each with 1 lot, you're within the guidelines.
- Example 2: A single trade of 4 lots on US30 within a day also complies with the rules.
Violation Consequences:
First Violation:
- The account will be moved to Phase 1.
- All profits will be forfeited.
- A warning will be issued.
Second Violation:
- The account will be breached.
For the security and integrity of your trading journey with Express Funded, it's important that the IP address region used during your Evaluation stages (Phase 1 and Phase 2) and for accessing your Master trading account remains the same. This means:
- Consistency is Key: The IP address region from which you purchase the Evaluation, and log into your Phase 1, Phase 2, and Master trading accounts should match.
- Verification for Changes: If our Risk Team notices a change in the IP address region, they may contact you for confirmation. You might be asked to provide proof of your location, such as a plane ticket, passport stamp, or a live video from your current location.
- Travel Notification: If you plan to travel and trade from a different region, please inform our support team in advance. This helps us understand your situation and prevents any unnecessary interruptions in your trading activities.
This rule helps safeguard your account and ensures compliance with our trading standards.
To maintain the active status of your trading account with Express Funded, it's important to engage in regular trading activities. Our policy states that any trading account that remains inactive for 30 consecutive days will be automatically suspended.
Yes, currently, Express Funded is unable to accept traders from US, Canada, Belgium, France, Japan, North and South Korea, Myanmar, Pakistan, and Iran including OFAC Sanction Countries such as Cuba, Iran, Lebabon, Syria, North Korea, Libya, Sudan and Somalia. This decision is based on our compliance with specific international trading regulations and is not a reflection of our view on any particular country or region.
We are committed to providing a fair and secure trading environment and must adhere to these regulatory requirements. We continuously review our policies and will inform our traders of any changes to these restrictions.
Equity-Based Drawdown: This method considers your current account balance, including any profits you've earned or potential losses you might incur in real time.
Equity is your balance +/- the floating profit/loss of your open positions.
A drawdown breach occurs when your Current Drawdown Calculation Percentage exceeds the Maximum Allowed Drawdown Percentage. It's important to note that this applies when your current active equity is lower than your initial balance.
Account misuse occurs when someone other than the registered account holder engages in trading activities. Our system continuously monitors for unauthorized access, such as the use of different IP addresses by non-account holders. If such activity is detected, the account will be flagged, and an automated response will be issued. Clients who have engaged in prohibited trading practices in violation of our terms and conditions will have their accounts breached. As a result, the account will be terminated, and the account holder will no longer be permitted to participate in our funding program. Please note that all trading activities must be conducted solely by the registered account holder to ensure compliance with our terms and conditions.
Express Funded shall be entitled to review the client’s account without notice at any time, withdraw any profits, and charge any costs which it deems, in its sole discretion, to have been inappropriately gained. Express Funded shall not be liable for the cancellation of any transaction or profits or in the event of any damages or losses which may result from the suspension, closure, or unwinding of transactions.
1. Scalping (High-Speed Trading)
2. Use of Expert Advisors or “robots”
“Scalping (High-Speed Trading)” is a form of trading strategy through which the Client performs and/or tries to perform numerous transactions on small price changes (5 pips average) or in very short timeframes (closing a trading position within 5 minutes of opening). This also includes holding opposite “hedged” positions for an indefinite amount of time and then closing, or partially closing, the positions within a short period of time from each other.
If the Express Funded notices any Scalping activity or other high-speed trading activity, the trading account of the Client shall be disabled without prior notice.
Expert Advisors are automated trading software that executes trades without manual intervention. Under such circumstances, Express Funded shall be entitled to review the client’s account without notice at any time, withdraw any profits, and charge any costs which it deems, in its sole discretion, to have been inappropriately gained. Express Funded shall not be liable for the cancellation of any transaction or profits or in the event of any damages or losses which may result from the suspension, closure, or unwinding of transactions.
Platform
Expressfunded Initial profit split is 70%, after making 3 withdrawals we move you to 80% profit split then after 4 withdrawals we move you to 90% profit split
With Express Funded, you have the potential to scale your account up to $1 million.
Once you are Funded, you can trade for 10 days, request your payout, and receive it within 24 hours, allowing you to return to trading quickly.
Additionally, you can enjoy Weekly Payouts every 7 days! With our Addon Feature, you have the opportunity to boost your earnings by +25%!
Express Funded currently offers Meta Trader 5 and alternative options for our partner trading platform to be able to continue servicing our clients.
Express Funded is partnered with Meta Trader 5 and Sirix Broker for our prop firm trading platform to be able to continue servicing our clients
You can trade a variety of assets including Forex, Commodities, Crypto, and Indices.
Yes, we do host trading competitions. These competitions offer an exciting opportunity for traders to showcase their skills and win prizes.