Account Size
– $10,000 – €98
– $25,000 – €208
– $50,000 – €329
– $100,000 – €549
– $200,000 – €1,098
True Forex Funds’ Timeless Funding option offers traders the opportunity to manage account sizes ranging from $10,000 up to $200,000. The primary objective is to identify skilled and profitable traders capable of effectively managing risk through the two-step evaluation process. With Timeless Funding, traders can leverage up to 1:100 and choose their account funding currency from USD, EUR, or GBP.
– Evaluation Phase One: During this phase, traders need to achieve an 8% profit target while adhering to the 5% maximum daily loss and 10% maximum loss rules. There are no maximum trading day requirements during phase one. However, traders must engage in a minimum of five trading days to proceed to phase two.
– Evaluation Phase Two: In the second phase, traders aim for a 5% profit target, following the same maximum daily loss and maximum loss rules. Similar to phase one, there are no maximum trading day requirements during phase two. However, a minimum of five trading days is necessary to progress to a funded account.
– Funded Account: Upon successful completion of both evaluation phases, traders receive a funded account with no minimum withdrawal requirements. Adherence to the 5% maximum daily loss and 10% maximum loss rules is mandatory. The first payout occurs 14 calendar days from placing the initial position on the funded account, with subsequent withdrawals submitted bi-weekly. The profit split is set at 80%, based on the profit generated on the funded account.
– Timeless Funding Scaling Plan: The Timeless Funding incorporates a scaling plan. Traders who are profitable in the last three months, with an average return of 8% over the period and at least three successful withdrawals, become eligible for an account size increase equal to 25% of the initial account size.
Example:
– After 3 Months: A qualified $100,000 account increases to $125,000.
– After the Next 3 Months: A qualified $125,000 account increases to $150,000.
– After the Next 3 Months: A qualified $150,000 account increases to $175,000.
Timeless Funding Trading Rules & Objectives:
– Profit Target: Traders must achieve designated profit percentages to conclude an evaluation phase successfully, withdraw earnings, or scale their trading account. Phase 1 targets 8%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
– Maximum Daily Loss: Traders face a maximum daily loss limit of 5% for all account sizes.
– Maximum Loss: The overall maximum loss limit is set at 10% for all account sizes.
– Minimum Trading Days: The minimum duration for trading engagement before successfully concluding an evaluation phase is five days for both phases.