The simulated 2-Step Challenge requires passing two distinct phases to demonstrate consistent performance. Ensure you've met the profit targets and minimum days for each before proceeding.
Read more about 2-Step rules here.
Phase 1: Achieve 8% profit and the minimum profitable days. Once done, close all trades manually. The system verifies and generates your Phase 2 credentials immediately, available in your dashboard and email.
Phase 2: Reach 5% profit, plus the minimum trading days. Close all trades again to lock in the balance. The system confirms and provides your Live Simulated Funded account credentials right away, no waiting period.
Close All Trades: Once the profit target is reached for each phase, you have to manually close all your trades. We do not automatically close your trades.
KYC Verification Process
Once you receive your new credentials, KYC verification is the next required step to activate trading.
Upload your documents through the dashboard - ID, proof of address, and a selfie. The process is automated and takes about 10 minutes.
Once submitted, our risk team will do a final check on your challenge account.
Review and Activation
Our team will examine your challenge account to ensure everything aligns with our guidelines.
Reviews are completed within 24 hours, usually much quicker. You'll receive an email confirmation as soon as your simulated Funded account is enabled.
Should activation exceed 24 hours, please contact support - we'll investigate and resolve the matter promptly.
If you already completed KYC verification in the past, you do not need to do it again. Just wait for the account activation email once our team reviews your challenge account.
Once approved, your Live Simulated Funded account becomes active, and you can start trading immediately.
Disclaimer:
All content published and distributed by MyFunded Capital LTD; Seacrest Markets; and its affiliates (collectively, the “Company”) is to be treated as general information only. None of the information provided by the Company or contained herein is intended as investment advice, an offer to buy or a solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any future contract, security, company, or leveraged instruments. Leveraged products such as CFD’s and FX trading are complex instruments with a high risk of losing money. The information on the website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation. Copyright (c) 2023-2024. All right Reserved. MyFunded Capital LTD.