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Direct Funded Trader
|
CEO |
Country |
Trust Pilot |
Date of creation |
Years |
|
Arthur Kaziu |
🇦🇪 AE |
⭐ 4.1 |
February 2023 |
2 years |
Direct Funded Trader Evaluation Programs and Accounts
Details of the funding company Direct Funded Trader
Direct Funded Trader is a prop trading firm based in Dubai that offers traders the opportunity to access funded accounts without having to go through traditional evaluations.
Its direct funding model allows traders to trade with real capital from the outset, providing a fast track to monetizing their trading skills. With accounts ranging from $15,000 to $200,000, this firm presents itself as an attractive option for those seeking growth opportunities without the restrictions of conventional evaluations.
Direct Funded Trader Overview
Platforms:
Broker:
Payment methods
Payment methods when purchasing:
Withdrawal methods:
Available instruments and assets
Instruments:
Assets
Leverage
The company does not specify the leverage for the three types of accounts, only mentioning that the Forex market has a leverage of 1:100.
|
Assets |
Financiación Rápida Estándar |
Financiación Rápida Agresiva |
2-Steps |
3-Steps |
|
Forex | ||||
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Indices | ||||
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Commodities | ||||
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Crypto |
Commissions
💹 Forex
Spreads start from 0 pips, which is lower than traditional ECN accounts, and a commission of $5 is applied for each lot traded.
📊 Indices
Each lot traded has a commission of $5, with no additional spread charges.
💰 Cryptocurrencies
Crypto trades cost $5 per lot, ensuring transparency in fees.
⛏️ Commodities
Commodity trading also carries a commission of $5 per lot, allowing traders to know in advance the costs associated with their trades.
📊 Consistency Rules
Unlike many other funding companies, Direct Funded Trader does not enforce an official daily consistency rule. This means that traders have greater freedom to manage their trades without the obligation to meet specific daily targets, allowing them to focus on their own trading strategy and pace.
📑 Direct Funded Trader Rules
🤖 Use of Expert Advisors EAs and indicators
The use of EAs, risk management tools, and bots for automated trading is permitted.
❌ The following are prohibited:
- High-frequency trading
- Reverse, hedging, or delay arbitrage
- Martingale or grid tactics
- Copying other traders’ trades
🛡️ Stop Loss Rule SL
During the evaluation stage, placing a stop loss is optional, allowing traders greater flexibility in their strategy.
However, in the funding stage, it is mandatory to set an SL on each trade.
⚠️ Failure to place a stop loss within 30 seconds of opening a trade is considered a serious violation, which may result in the immediate closure of the account, ensuring the protection of funded capital and promoting responsible risk management.
🌐 Use of Multiple IPs and VPS
At Direct Funded Trader, the use of multiple IPs or a VPS is permitted provided that support is notified in advance. To minimize risks and avoid technical issues, it is recommended to maintain a stable position while trading from different locations or servers.
📰 Trading During News Events
FDuring the challenge phase, trading around news events is permitted, although extreme caution is advised due to the high volatility that economic events can generate.
During the funding stage, it is prohibited to open or maintain trades during relevant news events.
- Mandatory closure: 5 minutes before the event.
- Authorized opening: 5 minutes after high-impact news occurs.
📌 Examples of restricted news:
FED, FOMC, CPI, Non-farm payrolls, GDP, Unemployment rate, and announcements from Central Banks such as BoE, ECB, BoC, RBA, SNB, RBNZ, and BoJ.
💤 Inactivity Rule
To keep your Direct Funded Trader account active, you must execute at least one trade each month. If you do not trade during this time period, your account will be considered inactive and may be deactivated.
🤖 Copy Trading
Prohibited on all accounts: ❌ Replicating trades made by other traders or using external signals is not permitted.
Only authorized for your own accounts locally: As long as they are your property and you are not copying other people, you may use EAs or automated tools.
Result: If you copy trade others, your account will be canceled immediately.
💸 Direct Funded Trader Payment Policy
The payment frequency for evaluation and fast funding accounts stipulates that the first withdrawal can be requested after four weeks of trading, while subsequent payments are made biweekly.
The minimum withdrawal amount is $100 USD.
In terms of profit sharing, the standard scheme allocates 80% to the trader and 20% to DFT. Additionally, if a trader achieves more than five consecutive successful payments, they have the option to increase their share to 90% for themselves and 10% for DFT, rewarding consistency and sustained performance.
Withdrawal methods include USDT via RisePay, cryptocurrency transfers, or traditional bank payments, offering flexibility according to the trader’s preferences.
🌍 Restricted Countries
- 🇦🇪 United Arab Emirates
- 🇵🇰 Pakistan
- 🇻🇳 Vietnam
- 🇮🇷 Iran
- 🇲🇲 Myanmar
- 🇦🇱 Albania
- 🇽🇰 Kosovo