What limits apply to Giveaway, Free, Competition, and Other Non-Purchased Accounts?
Accounts that are not purchased directly from the Funded7 website, including giveaway accounts, free accounts, competition accounts, and accounts from promotional partnerships — are classified as Promotional Challenges. These accounts are subject to specific payout and trading limitations as outlined in Provision 12 of our Terms and Conditions: https://funded7.com/terms-and-conditions/
Key Limitations for Promotional Challenges:
1. Profit Split: Payouts are split 50/50 — 50% to the trader, 50% retained by Funded7.
2. Payout Cap: The total payout per challenge is capped at 2% of the original account starting balance. The 50/50 split is applied to this capped amount, regardless of total profit generated.
3. Payout Cycle: Payouts can only be requested once every 30 days on Promotional Accounts.
4. Trading Conditions: Funded7 reserves the right to apply different trading conditions to Promotional Challenges, including changes to Take Profit levels, Daily Loss limits, and Total Loss thresholds.
Example:
If you have a $15,000 promotional account, the maximum payout is $300 (2% of $15,000), split equally between you and Funded7. This means your maximum possible withdrawal is $150 for that account.
Why these limits exist:
Promotional Challenges are provided at no cost or through partnerships where Funded7 receives no direct payment for the challenge. These limits ensure fairness, protect the trading ecosystem, and allow us to continue offering free and promotional opportunities.
How to trade without restrictions:
To enjoy no payout caps, faster payout cycles (7 days first payout, 48 hours thereafter), and full trading conditions, purchase your challenge directly from our website.