Forex prop firm · review & rules
A Swiss multi-asset funder (720+ instruments across crypto, forex, indices, metals, stocks) with 1/2/3-phase and instant models, no consistency rule and no inactivity rule. The traps are buried in the Terms: a $10,000/day profit cap that deletes the excess, an unusual 60-second/24-hour reverse-trade rule, and 'scholarship' wording that legally frames payouts as discretionary.
▶Crypto Fund Trader Reverse-Trade Rule: 60s Limit & VOID Penalty — 56s explainer, decoded by FundedWiki
A short explainer for each rule — tap one to watch and read the full breakdown.
A flexible multi-asset firm with no consistency or inactivity rule and a huge instrument list — but the $10k daily profit cap, the reverse-trade timing rule and the 'scholarship' framing are real catches.
Pros
Watch out
Best for: Multi-asset and crypto traders who want a big instrument menu and no consistency/inactivity rule — and who size below the $10k/day cap and learn the reverse-trade timing.
Bottom line: Versatile and lenient on consistency, but the $10k profit cap and reverse-trade rule reshape how you trade — read the Terms before scaling.
| Account sizes | $2.5K – $200K (Instant $2.5K–$10K) |
| Profit split | Eval 80% fixed; Instant 50% → 90% |
| Max scaling | $1,280,000 |
| Platforms | MT5, Match-Trader, Bybit |
| Instruments | Crypto, Forex, Indices, Metals, Stocks |
| Payouts | Every 15 traded days or 30 calendar days; KYC + signed contract required |
| Plan | Type | Max DD | Daily | Targets | Min days |
|---|---|---|---|---|---|
| 1 Phase Evaluation | 1-Step | 6% trailing | 4% | 10% | 5 |
| 2 Phase Evaluation (Ascend) | 2-Step | 10% static | 5% | 8% → 5% | 5 |
| 3 Phase Evaluation | 3-Step | 5% static | 4% | 5% → 5% → 5% | 5 |
| Instant (0 Phase) | Instant | 6% trailing | 4% | — | 0 |
2-Phase/Ascend: 10% of the initial balance, STATIC. 1-Phase and Instant: 6% TRAILING on max balance that locks static at the opening balance once you reach +6% profit. 3-Phase: 5% static. Based on losses in any open or closed demo trades.
5% on 2-Phase/Ascend; 4% on 1-Phase, 3-Phase and Instant. Measured against the balance snapshot at 12:05 AM UTC and reset daily at 00:05 UTC.
Once equity reaches $10,000 of simulated profit in a single day OR on a single trade, trades are auto-closed and any amount over $10,000 is DELETED from the account.
Gotcha: A huge winning trade gets clawed back to $10k — the excess simply disappears.
No consistency rule — no best-day cap and no profit-distribution requirement in the official FAQ or Terms. The only profit ceiling is the $10,000/day cap.
Allowed on 1-Phase, 2-Phase and Instant. On Ascend accounts you may not open/add positions within 2 minutes before/after high-impact news or market open, and may not raise max theoretical loss above 2% of the initial balance in that window.
Gotcha: The 2-minute news lockout and 2% theoretical-loss cap apply only to Ascend accounts — easy to confuse across plans.
Allowed on all account types, including 24/7 crypto. No weekend-close requirement.
EAs/algos are permitted except for prohibited exploit categories (HFT, tick scalping, arbitrage, latency). Copy trading between Ascend accounts is prohibited, and copying between different owners is prohibited.
Prohibited: HFT, tick scalping, arbitrage (incl. cross-account), latency/price-error exploitation, hedging and 'reverse trading', martingale/all-in gambling, and account sharing. Reverse-trade rule: no opposite-direction trades held simultaneously for ≥60 seconds, and after a SELL you can only open a BUY on the SAME instrument once the first trade is 24 hours old. Opposite trades in different pairs are fine; opposite trades in the same coin with a different quote (BTC/USD vs BTC/EUR) are not.
Gotcha: The 60-second/24-hour reverse-trade timing rule is easy to breach unknowingly, and same-coin/different-quote opposite trades are banned while cross-pair ones are allowed.
5 different days per phase (need not be consecutive); Instant has no minimum. For a payout you need a minimum of 15 traded days, OR you can request after 30 calendar days with no minimum-days requirement.
No inactivity/dormancy rule in the official FAQ or Terms — there is no clause that breaches an account for not trading (only a minimum-days requirement to qualify for a payout).
Evaluations pay a fixed 80% split; Instant scales 50% → 90% in +10% steps at each 10% growth milestone. Payouts are every 15 traded days or 30 calendar days (Instant on-demand after +10%). Paid by bank transfer (EUR/USD) or crypto (USDT/BTC/ETH); KYC and a signed contract are required. Note: the Terms frame funds as demo and the payout as an 'educational scholarship' that the firm 'does not guarantee', with only a fee refund on termination. Scaling reaches $1.28M; US users are restricted.
Gotcha: Legally the Terms describe payouts as a discretionary 'scholarship', not earned profit — and US users face platform/reset restrictions.
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Informational and comparison content only — not financial advice and not affiliated with Crypto Fund Trader. Rules change often; verify against Crypto Fund Trader's official terms before relying on any detail. Last reviewed Jun 5, 2026.
