Our Story
The story is pretty simple…
We are just a couple of everyday human beings who befell to bond over our love of trading. With years of trip buying and selling and mentoring, we got here collectively to share information and develop as traders.
Each morning, we all hop on Discord round 8:30 and alternate the equal way we would in a normal brick-and-mortar prop firm. The dialog is mild and in general targeted on the merchandise we are trading. Over time, we’ve mentioned which prop companies we like or dislike, and via these conversations, FFN was once born.
As merchants who have labored with many prop companies over the years, we recognize what is most necessary to you, the trader. That’s why we determined to create a enterprise primarily based on precisely that. Without traders, capital can’t be deployed. We desire you, the trader, to be our range one focus. We choose you to comprehend what you’re doing, how it works, and how you can be successful.
fundedfuturesnetwork.com 65% off all evaluations sitewide
{{{ Coupon url: https://www.fundedfuturesnetwork.com/?via=michael }}}
DISCIPLINE
Knowing when to alternate and when now not to trade, understanding when to enter and when to exit, understanding when to take a walk, or even end buying and selling for the day. There are ZERO profitable merchants who don’t exercise discipline. (Read that sentence a few extra times) Not solely do we desire a community of humble traders, we additionally prefer a community of disciplined traders.
TRANSPARENCY
We desire to create an surroundings that is absolutely transparent, permitting all of our merchants to have full trust in the process. How does the checking out work? How do I get paid? Are there any misguided stipulations earlier than I can withdraw money? We are an open book. If you have questions that are no longer addressed on our website, please attain out to us! We choose to reply your questions.
HUMILITY
Trading is like going for walks a intellectual marathon every day, there are ups and downs for all of us! At FFN we choose to create a community of like minded folks that exercise the artwork of humility. As futures traders, when we are on a roll it’s convenient to let ego take hold. Being in a neighborhood that practices humility, will assist you fight that mindset. Staying humble will allow you to consistently develop your skills as a trader.
ACCOUNTABILITY
Last however no longer least, we prefer to create a community that flourishes on accountability, simply like you would come upon at a brick and mortar prop desk. Well all want accountability as traders. Trading is you vs. yourself. Having an accountability partner/s will give up you from making horrific decisions, and will additionally be there when you want any person to speak to, who is familiar with what you are experiencing as a trader.
All Account Rules
Max allowed accounts
10 Accounts Max. Only five can be copy-traded at a time. If a dealer copy-trades greater than five accounts, all the money owed being copy-traded will now not be eligible for funding. In addition, all of these money owed will want to be reset, as they will be viewed to have violated a rule.
Permitted buying and selling hours
Across all accounts, you want to make certain that your debts are flat and no pending orders are left in the market no later than 16:50 EST. Our gadget will shut the trades throughout this time. However, if the market closes early for an choice reason, it is the trader’s duty to be flat 1 Minute earlier than the market closes. If a dealer has performed or pending orders in the course of market close, the account will be liquidated and regarded failed.
Daily: ALL positions should be flattened (closed completely) by way of 4:50 ET Eastern Standard Time (EST). All positions can be reopened at 6:00 PM EST.
Weekends: ALL positions ought to be flattened (closed completely) with the aid of 4:50 ET Eastern Standard Time (EST). All positions can be reopened at 6:00 PM EST Sunday.
Evaluation Account Rules
The Trailing Maximum End Of Trade Drawdown
The trailing most quit of alternate drawdown is calculated intraday which potential after closing every trade. Traders should now not let their Net Account Balance dip under the Trailing Drawdown at any point. This will end result in a damaged rule and you will have to reset your account.
Trading the News
Trading the information in an comparison account will no longer blow an account like it would in the Exhibition or Funded Accounts.
Contract Scaling Plan
Each account measurement will have a contract scaling graph that you should follow. Breaking the scaling diagram will end result in a damaged rule at which factor your account will no longer be eligible for funding. To extend your contract size, you can attain out through DISCORD or Chat on our internet site as soon as you have hit the account stability required in the CONTRACT SCALING PLAN.
Resetting Your Evaluation Account
You may additionally reset your Evaluation Account the use of your FFN Dashboard.
Consistency Rules & Minimum Trading Days
Standard Account Min Days: You want to have a minimal of 7 buying and selling days logged. This capacity even if you hit the earnings goal earlier than this, you nonetheless want to proceed trading. Traders have to make at least 1 alternate for it to be counted as a buying and selling day.
Standard Account Consistency: You should additionally show consistency. This ability that one buying and selling session’s earnings can’t account for greater than 40% of your complete income target. If you go over the 40% this won’t without delay damage a rule, you will simply have an multiplied earnings goal to in shape consistency.
Express Min Days: There are no set minimal days on an Express Account. However when you comply with the consistency rule, the quickest feasible passing time would be four days.
Express Consistency: you should show consistency. This ability that one buying and selling session’s earnings can’t account for extra than 25% of your complete income target. If you go over the 25% this won’t right now damage a rule, you will simply have an multiplied earnings goal to in shape consistency.
Exhibition Account Rules
The Trailing Maximum End Of Trade Drawdown
The trailing most stop of change drawdown is calculated intraday which ability after closing every trade. Traders have to no longer let their Net Account Balance dip beneath the Trailing Drawdown at any point. This will end result in a damaged rule and you will have to reset your account.
Trading the News
You have to make use of Financial Juice information calendar, no different information calendar is accepted.
You can no longer alternate High Impact News Events associated to your product. You have to be flat 1 minute before, all through and 1 minute after a purple lightning bolt, dot, or when Jerome Powell is speaking. When Jerome Powell has an event, you need to be flat 1 minute earlier than the tournament starts offevolved and 1 minute after the tournament ends.
Consistency Rule
As you trade, hold your stability above the trailing drawdown threshold and your consistency under 40%
Resetting Your Exhibition Account
If you would instead reset your exhibition account than begin over in an evaluation, you can do so for a fee. Traders will have 7 buying and selling days after failing their exhibition to reset the account.
Make up your drawdown amount
Make up your drawdown quantity in your exhibition account. This quantity will roll over into your Funded Pro account as soon as approved.
Drawdown quantities are: $25k-$1,500, $50k-$2,000, $100k-$3,600, $150k-$5,000, $250k-$6,000
Funded Accounts Rules
Static Drawdown
Funded-Pro bills have a static drawdown of +$100 of the account size. For example, you begin a 50k Funded Pro account with $52,000. If you hit $50,100 the account is blown.
Trading the News
You ought to make use of Financial Juice information calendar, no different information calendar is accepted.
You can no longer alternate High Impact News Events associated to your product. You should be flat 1 minute before, during, and 1 minute after a crimson lightning bolt, dot, or when Jerome Powell is speaking. When Jerome Powell has an event, you ought to be flat 1 minute earlier than the match starts offevolved and 1 minute after the tournament ends.
Withdrawals
As you trade, maintain your stability above the drawdown threshold and your consistency under 40% to qualify for same-day withdrawals. Same-day payouts through ACH, Bank wire or Paypal, 80/20 cut up in the trader’s favor.
The minimal payout quantity is $1,000. If you lose your Funded Account for any reason, any earnings made will be forfeited and now not eligible for withdrawal.
Once you have made $5,000 in withdrawals per account, you can be authorized for each day payouts, no consistency rule and a 90/10 split. This would be viewed a live-funded account. Being moved to this live-funded account stays at the discretion of your chance manager.
No Comments
Leave Comment