Your success is our success. It’s as simple as being a consistent and disciplined trader. No need to rush, you don’t build a life in a day. There is plenty of time to pass the evaluation succesfully, being dynamic is crucial.
The evaluation of trading consists of two stages that you need to pass in order to become a trader with Bold Fund, also known as a funded trader. It is crucial to have a dynamic trading system and a risk management profile to pass the evaluation. Once you achieve the profit target in Stage 2, your entire evaluation period will be manually reviewed by our risk management team.
The review process will be completed within 5 business days.
If any of the rules mentioned in this section are violated, all positions on the broker’s platform will be immediately closed, the client’s account will be closed, and the right to payout will be annulled.
2.1. Stage 1
This stage is designed to test your trading skills and to define yourself as a trader. In Stage 1, you must achieve a profit target of 8% without violating any other rules. After this, you will need 24 hours to get an account for Stage 2.
2.2. Stage 2
Stage 2 is intended only to confirm the results and outcomes of the challenge. At this stage, you must achieve a profit target of 4% without violating any other rules.
2.3. Maximum Daily Loss Limit 5%
The maximum daily loss is the amount a trader is allowed to lose each day. For the purposes of this rule, the higher value between equity and balance will be used. This rule is set at 5% of the starting capital or balance each day. The rule states that the day’s equity, which is the result of the current floating PnL (profit and loss) combined with all closed positions for that day, must not reach the maximum daily loss limit. The daily maximum loss is reset to 00:00 each day.
2.4. Maximum Loss Limit 10%
The maximum loss limit is the amount below which equity or balance cannot fall. This rule is set at 10% of the initial account size. For example, if a trader has an account of 100,000 USDT, the maximum loss limit is 10%, equity or balance cannot fall below 90,000 USDT at any time.
2.5. Trading during news events and on weekends is allowed.
2.6. Trading Strategy
Trade as you wish. Use an “advisor,” trade during news events, hold trades over the weekend, and trade lot sizes as large as leverage allows.
Any trading activity used to take advantage of terminal inefficiencies (gap trading, high-frequency trading, server spamming, latency arbitrage, toxic trading, hedging, long-short arbitrage, reverse arbitrage, tick scalping, server execution, trading on opposite accounts) is strictly prohibited! Copy trading or account management by a third-party provider will also lead to account closure. Note that using a third-party advisor is permitted if it acts as a trader or risk manager. Using any other third-party advisors is not allowed. Violating these rules will result in rejection of the evaluation or payout and account closure.
To receive funding and grow as a trader, you must be able to trade and have the correct set of skills. YOU CANNOT CHEAT YOUR WAY.
‍3.1. Tradable instrument and commission
You can trade Forex, Crypto, Indices, Metals & Energies with RAW spreads and a 5$ commission per standard lot round turn. For Crypto 0,1% and 0,005% everything else, depending on the terminal you choose.3.2. Leverage
The leverage that will be applied to all accounts is 1:100.
Once the evaluation program is purchased the trader will receive the login credentials immediately, changing the account credentials is prohibited under any circumstances, if a trader changes the credentials the account will be suspended. Bold Fund is constantly looking for skillful traders to grow with over the long run, it is crucial to be the trader, YOUR IDEAS OUR RISK. A trader cannot use signal bots, trade management services, or trade copiers. Bold Fund software is constantly monitoring the activities of traders, and a breach of any rule will result in account suspension.
There is no set limit to the number of trading days you can have on the evaluation stages. You can reach your profit goal in just one day or over the course of a year. However, it’s crucial to keep your trading account active. If your account remains inactive for 30 consecutive days, it will be automatically blocked.
We prevent and restrict trading that involves reckless risk-taking, impulsive behaviour, and disregard for fundamental principles. This type of trading, known as “toxic trading,” not only poses risks to individual traders’ accounts but also jeopardizes the stability of their trading firms.
“Toxic trading” encompasses various behaviours and practices, all of which share certain common characteristics:
All-in trade
Trading based not on analysis, but on emotional single trades aimed at randomly achieving a target profit, typically with just one trade. If the trade size deviates from the average trade size by more than 50% (excluding high-frequency trading), individual restrictions may be applied in such cases.
Excessive Risk-Taking
Engaging in trades with disproportionately high risk levels relative to the trader’s capital or risk tolerance. This often involves the use of excessive leverage, which can amplify both profits and losses.
Maximum lot limit based on account size:
$25,000 — maximum 10 lots
$50,000 — maximum 20 lots
$100,000 — maximum 40 lots
No restrictions for accounts with $1,000 and $10,000.
Inconsistent Trading
Maximum risk/loss (including floating loss) per trade idea is 2.5% of the initial account balance.
A trade idea is classified as such if:
1. It was floating/open at the same time, at the same price, on the same symbol and direction, or;
2. Trades are closed and reopened within a 2-minute interval on the same symbol and direction.
Note: You can still use a drawdown of up to 4/5% per day, but not in a single trade.
Overtrading
Continuously entering and exiting trades without a clear strategy or rationale, resulting in diminished profitability and emotional exhaustion.
High-Frequency Trading (HFT)
Engaging in excessive and rapid trading activities indicative of higher volatility, which may result in significant losses.
Hedge Arbitrage
Simultaneously entering opposing positions with different firms.
Latency Arbitrage
Exploiting disparities in trade execution times across various trading platforms or venues. Traders using this strategy seek to profit from minor price differences resulting from delays in order processing or data feed.
Poor Money Management
Traders who frequently encounter margin calls due to inadequate funds or risky positions may indicate a lack of risk management, posing a threat to their accounts and potentially the firm’s stability.
Behavioral Patterns
Inconsistent behaviors, such as trading during non-liquid market hours to exploit liquidity shortages, consistently disregarding risk management principles, or making emotional decisions.
Reverse Trading
Signs and behavior, which includes risking the full daily loss on one trade, which often indicates reverse trading between different firms.
Traders suspected of this kind of behavior may face various restrictions. These could include: Reducing the amount of leverage available, Limiting the number of trades allowed per day, Restricting the size of each trade, Reducing the daily or maximum loss allowed, Limiting the risk per trade, Setting a maximum risk limit of 1% per trade.In extreme cases, this may even result in a rule or ban on working with the company. Our goal as an Evaluation firm is to assist you becoming a better trader and risk manager, while also benefiting from the trading flow you provide. This evaluation aims to gather the best trading data possible, enabling us to monetize our data more efficiently, enhancing our stability, and strengthening the industry as a whole.
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Core Principles:
– Avoid and minimize gambling and “toxic trading”
– Enhance the stability and reliability of the company’s operations
– Instill discipline and consistency in trader actions
– Give traders the opportunity to showcase their skills and earn longer by reducing the risk of collapse
– Prevent gambling characteristics in trader behavior
– Account for higher risk of collapse during news events/”black swan” events
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In case of restrictions violated not due to trader’s fault (e.g., “slippage”), the issue will be considered individually. We are willing to accommodate traders with whom we can build long-term mutually beneficial relationships. We do not provide funding to just anyone. Our support is extended only to those traders who have passed the evaluation and demonstrated
The trader has the right to request a payout every 15 or 30 days after the first completed transaction on the funded account. The profit split will be 80% in favor of the trader.
Please note that the minimum payout amount is 1% of the initial balance, which includes our share.
The initial trading account you will manage will be the one you subscribed to, which can be 25,000 USDT, 50,000 USDT, or 100,000 USDT in size. You can trade a total amount of up to 300,000 USDT.
8.1. Separate trading for each assessment (stages 1 and 2)
For each assessment, you must trade independently. You cannot copy trades from the main account or one evaluation account to another to evaluate them simultaneously with the same trading ideas.
8.2. Merging the main accounts
After going through the evaluation process, you can choose to combine your main/cumulative accounts into one or keep them separate. The decision is up to you.
To merge your main/cumulative accounts into one, please send an email to [email protected].
If a trader proves their competence, we would like to express our appreciation by offering the Scaling Program. This program allows us to systematically increase a trader’s capital up to $300,000 and pay them up to 90% of their profits.
The Scaling Program will be offered to traders who have demonstrated consistent success in at least 5 payouts. This means that we will reward traders who have consistently shown their ability to generate profits over a period of time.
Any trading account inactive for 30 days will be automatically suspended.
All traders who pass the Evaluation will receive a refund of their fees along with their 5th payout.
The region of your IP address used to log into your main account must remain unchanged. If our risk management team notices a change in the region, they may contact you to verify the information and request evidence. This is to protect you from any potential external influences.
Additionally, the region of your IP addresses used for logging into our website, Stage 1 trading account, Stage 2 trading account, and the main trading account should match. If our risk management team identifies a change in the region, they will contact you to confirm the information and ask for proof.
If you plan to travel, please inform our support team in advance. This will help us stay informed and prevent any interference on our part.