What Is the Leverage Offered on Funded7 Challenges?

Funded7 offers different leverage levels depending on the type of challenge you choose: – One Phase Challenge: Default leverage is...

What is High Water Mark?

The High-Water Mark (HWM) represents the highest balance ever reached in an account. It acts as a reference point for...

How is Daily Loss Calculated?

Understanding Max Daily Loss The Max Daily Loss is the maximum amount a trader can lose in a single trading...

How is Max Total Loss Calculated?

Understanding Max Total Loss The Max Total Loss represents the maximum permissible drawdown before an account breaches its risk limit....

Max Total Loss

Max Total Loss is the cumulative maximum amount a trader can lose over the entire challenge. Breaching this limit will...

Max Daily Loss

The Max Daily Loss is the maximum amount a trader is allowed to lose in a single trading day. If...

Number of Phases in every Challenge

What are Phases

Challenges are made up of Phases that assesses a trader’s performance against predetermined profit targets and risk management rules. Passing...

Challenge Retake

If a trader does not succeed on their first attempt, they can enroll in a new challenge to try again....

Challenge Failure

If a trader fails a challenge by not meeting the required profit targets or by violating risk parameters, the challenge...

Simultaneous Participation

Clients are allowed to take part in multiple challenges at the same time. However, each account must be managed separately...

Fee Structure

Challenge fees vary depending on the account size and type of challenge selected. Full pricing details are available on our...

Challenge Mechanics

Each challenge is designed to test a trader’s ability to generate profits while managing risk effectively. Every challenge follows specific...

Hard Breach

A Hard Breach occurs when a trader violates risk limits, such as exceeding the maximum daily loss or total loss....

Instant Funding Challenge

The Instant Funding Challenge allows traders to start with a funded account immediately without completing assessment phases: Account Sizes: Available...

Two-phase challenge

One-phase challenge

Comparison: One Phase vs Two Phase vs Instant Funding

Understanding the differences between our challenge types helps traders choose the most suitable option for their trading approach. One Phase:...

Challenges Overview

At Funded7, we provide traders with different challenge options to suit various trading styles and goals. These challenges serve as...