Trading Rules & Guidelines

1.1 Percentages are measured against your current balance. Not your starting balance, and not your
equity. Your balance changes only when a trade closes and when swap or commission is charged, so the limit
does not move while a position is open.

1.2 Risk limits are counted across all your accounts together. If you hold four accounts, the 2% and 3%
limits apply to the combined risk on all of them, not separately to each. This applies across both platforms.

1.3 Everything else is counted per account. The limit on open positions, the stop-loss requirement and the
weekend rule apply to each account on its own.

1.4 The rules are the same for everyone. We do not sell add-ons that relax them. There is no option to buy
extra drawdown, permission to trade through news, or permission to hold over the weekend.

2.1 A trading day counts only if it produced a simulated result of at least 0.5%, measured against your
balance at the start of that day. A day where you traded and made 0.2%, or ended negative, does not count
towards the minimum of three.

2.2 Daily limits reset at 00:00 server time. The current server time is shown in your dashboard.

2.3 Static means the level never moves. On a $100,000 2-Step account your maximum loss level is $90,000
from the first day to the last, no matter how high your balance goes.

2.4 Trailing means the level follows you up. On a $100,000 1-Step account the level starts at $94,000. If
your equity reaches $105,000 the level moves to $99,000, and it stays there even if your equity falls back.
Equity includes open positions, so a position showing an unrealised gain raises the level before you close it. A trailing limit is not a softer rule than a static one. One a volatile account it is usually the stricter of the two.

3.1 Maximum 2% risk on a single position
Risk means the distance from your entry price to your stop loss, multiplied by your volume. It is what you stand
to lose if the position hits your stop.

Worked example. On a $100,000 account, 2% is $2,000. Trading EURUSD with a stop 100 pips away, one
standard lot puts $1,000 at risk — that is 1%. Two lots puts $2,000 at risk, which is exactly at the limit.
A large position with a tight stop can be perfectly compliant. A small position with a very wide stop may not be.
What matters is the money at risk, not the lot size.

3.2 Maximum 3% risk across all open positions
Add up the risk on everything you have open. That total must not exceed 3%.
Worked example. Three positions at 1% each is exactly 3% and is fine. A fourth position, however small, takes
you over.

3.3 A stop loss is required within 3 minutes
Every position must have a stop loss attached within three minutes of opening it. Until the stop is set your risk
cannot be measured, which is why the window is short.
A position still without a stop loss after three minutes is a breach in its own right.

3.4 No more than 5 open positions
Five at once, on each account, regardless of how small the risk on each one is.

4.1 The two risk limits are treated differently on purpose. Getting one position wrong is a sizing error, and
we let it go once. Exceeding your total exposure means you have lost track of what you are carrying across
every open position at the same time. That is the failure the rule exists to catch, and there is no first-offence
tolerance for it.

4.2 If one position breaks both limits. A position carrying 3.5% risk exceeds the 2% single-position limit and,
on its own, the 3% total. The total rule takes precedence and the account is closed. The first-offence tolerance
applies only where your total exposure is still within 3%.

4.3 A voided trade is removed from your results. Your simulated result is recalculated without it, and it does
not count towards your performance target or your trading days

5.1 Opening and closing positions is prohibited from five minutes before to five minutes after a high-impact
news release affecting the instrument you are trading.

5.2 Medium and low impact events are not restricted. The calendar we use and the events it covers are
published in your dashboard.

5.3 Trading inside the window closes the account. There is no first-offence tolerance on this rule. Check the
calendar before you open a position, and remember that closing a position inside the window counts as well as
opening one.

6.1 On evaluation accounts: permitted. You may hold positions through the weekend.

6.2 On funded accounts: not permitted. All positions are closed automatically before the market closes on
Friday.

6.3 Closure happens at market prices and may be subject to slippage. Plan your Friday trades with that in
mind. There is no penalty beyond the closure itself.

7.1 A trade opened less than 60 seconds after your previous trade is void and is removed from your results.

7.2 This rule is aimed at automated systems placing dozens of trades a minute. It is not aimed at a trader who
makes a fast decision, and one minute is a long time in that context

8.1 Hedging across your own accounts
Holding opposite positions on the same instrument on two or more of your accounts is prohibited. This is the
most serious rule in this document: it results in the closure of every account you hold, not just the two
involved.

8.2 Hedging within one account
Holding opposite positions on the same instrument on a single account is also prohibited. It is reviewed case by
case and may result in voided trades or account closure.

8.3 Mirroring is allowed
Opening the same position in the same direction across your own accounts is permitted. Bear in mind that your
risk is then counted in aggregate, so the 3% total applies to the combined exposure across those accounts.

9.1 Martingale, grid strategies and wash trading result in the account being closed once confirmed.

9.2 Copy trading and signal services are reviewed case by case. Where confirmed, all accounts you hold may
be closed

10.1 Automated systems are permitted, but only where you have supplied us with the source code as proof of
ownership and we have recorded approval against your account.

10.2 Publicly distributed, purchased or rented systems are not approved. If you did not write it and cannot show
us the code, you cannot use it here.

10.3 To request approval, contact support before you start trading with the system.

11.1 Allocation cap. Across all your funded accounts, total capital cannot exceed $200,000. You can keep
buying challenges above that, but no new funded account is issued until capacity frees up. A failed or closed
account releases its capacity immediately.

11.2 One profile per person. Accounts cannot be shared, sold, lent or transferred to anyone else.

11.3 Inactivity. A funded account with no trades for 30 consecutive days is closed, and any unpaid simulated
result on it is forfeited. We send a warning 7 days before closure. A pause request does not stop this counter
— arrange the pause with support

12.1 We may cancel trades executed at prices that do not reflect market conditions, including prices resulting
from feed errors, spikes or platform faults.

12.2 If a platform or broker fault affects your account, we correct the balance back to its state at the moment
the position was opened. If the fault cost you the account, you get a free restart of your challenge

13.1 You can appeal any decision affecting your account: a recorded breach, a voided trade, a closed account,
a declined funded account or a rejected Reward.

13.2 Write to support within 30 days, giving your account number and why you believe the decision is wrong.
The 30 days run from whichever is later: the day we e-mailed you, or the day the decision appeared in your
dashboard.

13.3 Your appeal is examined by a person who did not take the original decision and who can see the
underlying trading records. We respond within 30 days.

13.4 Your account and its records are preserved while an appeal is open. Full details of the procedure are in
section 19 of our Terms and Conditions

14.1 We may change these rules. Changes take effect three days after we notify you, and apply to accounts
that are already open.

14.2 Notices are sent by e-mail and are also recorded in your dashboard. Keep the e-mail address on your
profile current.
These Trading Rules form part of our Terms and Conditions and should be read together with them and with
the Risk Disclaimer. Where this page and the Terms and Conditions differ, the Terms and Conditions apply.

Read the rules first.
Then start.

We would rather you spend ten minutes on the rules page than open a dispute in week three.
TakeFunded provides simulated trading evaluations. All accounts, balances, positions and results are simulated. No real capital is traded and no orders are sent to any live market or exchange.
TakeFunded is not a broker, dealer, exchange, custodian or investment adviser and does not provide investment, tax or legal advice. Performance rewards are contractual payments for services provided under an evaluation agreement; they are not trading profits, investment returns or income from managing third-party capital.
Participation is subject to eligibility, identity verification, anti-money-laundering checks and country restrictions. Past results, whether simulated or otherwise, do not indicate future results. Trading involves substantial risk and is not suitable for everyone.
TakeFunded is a trading name of Take Funded Ltd., registered in Saint Lucia, company number 2026-00594.©
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