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Exclusive Funded Programme
Exclusive Funded FAQs
Your comprehensive guide to getting started with a funded trading account.
About
General
Challenges
Trading Rules
Fee & Payouts
About Exclusive Funded Programme
The Exclusive Funded Programme, powered by Exclusive Markets, offers traders the opportunity to trade using a demo account loaded with up to $200,000 in fictitious funds by participating in various challenges and phases. Successful completion of these challenges leads to traders being offered a Funded Account to trade with fictitious funds. This will enable traders to practice trading without the risk of financial loss. We offer two different models (Elite and Pro). A trader can take a variety of challenges with different funding amounts from $10,000 up to $200,000. After successful completion of the respective challenge, the trader will be given access to a Funded Account of up to $200,000. The trader can earn 80% performance earnings from the profits on the Funded account.
- Identifying Skilled and Dependable Traders: We aim to attract and support traders who demonstrate consistent performance and dependable strategies, fostering a pipeline of skilled individuals to enhance our programme.
- Providing Funding Opportunities: We strive to offer funding opportunities to successful traders, enabling them to benefit from their trading efforts while fostering a collaborative and mutually rewarding relationship with our firm.
- Building Strong Client-Firm Relationships: We focus on cultivating enduring partnerships with our clients by offering tailored support, exclusive privileges, and resources designed to enhance their trading experience and outcomes.
- Encouraging Sustainable Trading Practices: We are dedicated to encouraging sustainable and responsible trading approaches, equipping clients with knowledge and skills that support long-term success in dynamic trading environments.
- Upholding Regulatory Compliance: We remain focused on aligning with regulatory standards to promote a secure, transparent, and trustworthy environment for our traders and the broader financial community.
Yes, the products and services offered by Exclusive Funded are provided and operated by Exclusive
Markets Ltd, which is authorised and regulated by the Financial Services Authority (the "FSA")
with license no SD031.
General
After successfully passing the challenge, the following steps will take place:
- Complete KYC: You will need to complete the Know Your Customer (KYC) process to verify your identity. Once your KYC is approved, your account will proceed to the next stage.
- Compliance Review: Our team will review your account to ensure everything meets our standards and requirements.
- Contract Issuance: The funded agreement will be sent to you after you have passed the challenge and completed the KYC process.
- Funded Account Activation: After you sign the agreement, your funded account will be activated instantly, allowing you to begin trading with the funds.
No, each individual is allowed only one profile under their name. Having multiple
profiles, either under the same name or different names is considered fraudulent activity.
If detected, all associated accounts will be closed immediately.
The maximum allocation per trader is $400,000. This is the highest amount of capital you
can be funded with across all accounts.
Yes, copy trading manually across accounts on Exclusive Funded Programme is allowed, but
there is a limit. Traders are permitted to copy trade a strategy or symbol with a total
accumulated value of up to $300,000 USD. Failure to adhere to this rule may result in a
reset of profits and/or account closure.
No, we do not allow any EAs that automatically take or copy trades. However, risk
management EAs that do not execute trades are permitted. All trades must be placed
manually by the trader.
No, we do not allow the use of VPNs or VPS. If you are identified using these services,
your agreements will be rendered, and your account might be closed.
We accept traders from all countries except Belarus, Canada, Cuba, Islamic Republic of
Iran, Myanmar, North Korea, Russia, Sudan, Syria and The United States.
Yes, accounts cannot be inactive for more than 30 days. If an account is inactive beyond
this period, it may be disabled.
We currently offer MetaTrader 5 (MT5) as our trading platform.
No, we do not offer merging of accounts at any stage.
No, we do not allow the accounts to be added to Myfxbook or any copytrading services, this
could result in termination of the accounts.
For FX & Metals, a commission of $5 is charged per lot directly on the opening of a
position. For cryptocurrencies, a fee of 0.10% of the trading volume is charged on the
opening of a position. This means no commissions are charged upon closing trades. All
other trading instruments are commission-free ($0).
Exclusive Funded programme offers only Swap Accounts, allowing traders to hold positions
overnight. These accounts are subject to rollover fees, which can result in either swap
credits or debit charges.
Traders must be at least 18 years old and have a valid form of ID to verify their identity
with our KYC service provider.
We do not offer refunds. Please read the terms of service thoroughly before purchase.
Using the same IP address or device as another client will be considered a breach of the
rules and will result in the permanent cancellation of the client’s account. This policy
ensures fairness and integrity within the trading environment.
We do not allow use of signals to trade under any circumstances, this falls under
prohibited trading strategies. Please also refrain from sharing your credentials with
someone else, including challenge passing services as this will lead to termination of
account and a ban from the platform.
Challenges
Elite Challenge (1-Step)
The Elite Challenge (1-Step) has a maximum daily drawdown of 3% and a maximum overall
drawdown limit of 7%.
The Elite Challenge (1-Step) requires a minimum of 3 trading days to complete.
In the Elite Challenge (1-Step), you cannot make more or equal than 45% of the total profit target in a single day. This ensures consistent trading behaviour.
- Challenge Phase Consistency Rule:
The rule applies throughout the evaluation phase of the challenge. Accounts breaching this rule will be suspended for 24 hours.
- Funded Consistency Rule:
The rule applies upon a withdrawal request and is breached if the profits made in a single day (at the End of Day) exceed 45% of the total profits at the current stage. Accounts breaching this rule must continue trading until the daily profit percentage no longer violates the rule.
Explanation of Terms:
- Single Trading Day: Any 24-hour period where trades ar executed. Profits from all trades within this period are aggregated. If equal or more than 45% then rule is breached.
- Single Trade: Any individual trade that is equal or more than 45% of the profit target.
- Single Trading Idea: Multiple trades on the same instrument forming part of a unified strategy, with combined profits equal or more than 45%.
The profit target for the Elite Challenge (1-Step) is 10%.
Pro Challenge (2-Step)
The Pro Challenge (2-Step) has a maximum daily drawdown of 4% and a maximum overall loss of 9%.
For the Pro Challenge (2-Step), a minimum of 3 trading days must be completed in each phase.
In the Pro Challenge (2-Step), Phase 1 has a profit target of 7%, while Phase 2 has a profit target of 5%.
No, there is no consistency rule for the Pro Challenge (2-Step). You can pass in just one day, provided that the minimum trading days for each phase are met.
We offer leverage up to 1:50, allowing you to amplify your trading capabilities and potential returns.
For both Elite and Pro Challenges, the leverage is as follows:
Forex 1:50, Indices & Commodities (Oils & Metals) 1:20, and Crypto 1:2.
Trading Rules
Yes, there are volume limits on the Funded phase on both Elite and Pro challenges as indicated below:
- $10,000 = Max 20 lots per symbol
- $25,000= Max 20 lots per symbol
- $50,000 = Max 20 lots per symbol
- $100,000 = Max 80 lots per symbol
- $200,000 = Max 80 lots per symbol
There are no volume limits on Challenge Phases.
*Max Lots: Refers to the maximum number of lots an account can hold simultaneously, including both open positions and pending orders. For example, if there are 10 lots in pending orders, you can only open an additional 10 lots on the same symbol.
Yes, you can hold trades overnight. However, being aware of potential market risks during rollovers is essential and possible swap costs.
Yes, you can hold trades over the weekend. However, being aware of potential market risks during rollovers is essential and possible swap costs.
Trading on challenge accounts during high impact news is permitted. Clients are restricted from opening and closing any trade 4 minutes before and 4 minutes after the news only on Funded Accounts. This includes both Market Execution and opening/closing Pending Orders (including take profit and stop loss).
Although we encourage the use of SL for all trades, it is not mandatory.
The minimum average trade time should be 2 minutes across all trades. This ensures the safety of the firm by protecting us from tick scalping, arbitrage and other abusive strategies while reinforcing discipline in trading for the client. Failing to adhere to this rule may result in reset of the profits during challenge or closure of account.
One-sided betting or gambling is defined as risking more than 3% of the initial balance on a single trade idea. A trade idea refers to opening multiple positions on a single instrument, with the 3% risk accounting for all positions entered on that instrument. Failure to comply with this rule may result in leverage reduction, warnings, and/or account restrictions.
We do not encourage punting behaviour (also known as account churning), this involves repeated purchases and loss of the accounts by engaging in high risk trading. This behaviour is detrimental to the client and poses a high risk to the firm, if you are found to be involved in this practice you may be banned from further purchases on the platform.
Prohibited trading practices include the following, in addition to the prohibitions and violations of the EXCLUSIVE FUNDED.
- Use trading strategies that exploit errors in the services, such as errors in the display of prices or delays in their update.
- Perform trades using an external or slow data feed.
- Manipulate trading by performing trades, alone or with others, including between connected accounts, or accounts held with different Company entities, such as simultaneously entering into opposite positions.
- Execute trades in contradiction with the terms and conditions of the Company and the Demo Platform.
- Use software, artificial intelligence, ultra-high speed, or mass data entry that manipulates, abuses, or gives an unfair advantage when using our systems or services.
- Perform trades in contradiction with how trading is actually performed in the forex market or any other financial market, or in a way that causes justified concerns of potential harm to the Company.
- Perform arbitrage trading by exploiting price discrepancies or glitches within different markets of similar or identical assets.
- Use any technology that interferes with the platform’s networking.
- Open and close any position within 4 (four) minutes before and 4 (four) minutes after the news. News for this section shall mean the high-impact news, as specified on the Client Area under calendar section and/or the Website. This may result in a trading suspension of 24 hours on the account and any profits made during this time window will be deducted on payout. This is applicable only during Funded stage.
- Utilize third-party trading robots (Expert Advisors – EAs), especially those used by multiple traders, including EAs that:
- Perform latency arbitrage trading.
- Perform reverse arbitrage trading.
- Perform hedge arbitrage trading.
- Allow any other person access to any EXCLUSIVE FUNDED accounts or have them managed by a third party.
- Utilize the same IP address with another client.
- Perform transactions using external data feeds.
- Hedging is strictly prohibited. Hedging is defined as offsetting potential losses and/or locking in profits by taking an opposite position in a related asset. It is forbidden when executed with insignificant time or price difference, on the opening or on closing leg.
- Engage in hedge arbitrage trading or opposite account trading within multiple accounts or among multiple Clients.
- Perform hedging or opening opposite trades across multiple accounts or among multiple Clients.
- Engage in any trading activities contradicting the present Terms or any other terms of the Company including the specifications of each challenge found on the Website.
- Engage in gambling. One-sided betting or gambling is defined as risking more than 3% of the Initial Capital on a single trade idea. A trade idea refers to opening multiple positions on a single instrument, with the 3% risk accounting for all positions entered on that instrument. Failure to comply with this rule may result in leverage reduction, warnings, and/or account restrictions.
- Aggregated Account Limit: Clients are allowed to copy trade a strategy across multiple accounts with a combined total account value of up to $300,000 USD. For example, 3 accounts each valued at $100,000 USD. Failure to comply with this rule may result in leverage reduction, warnings, and/or account restrictions.
- Use strategies contradicting real-world forex market trading, or those causing concerns that the Company or the execution venue may suffer loss or damage due to the Client’s activities.
- Gap Trading: Gap trading is defined as a trader taking advantage of price gaps in financial markets to generate unfair or undue profit. It is strictly prohibited to open a trade or create exposure by closing a hedge position 30 minutes before market closing or prior to holiday events. Failure to comply with this rule may result in leverage reduction, warnings, account restrictions, or account cancellation.
Fee & Payouts
For Elite challenge the fee is non-refundable, for Pro challenge the fee is refunded in full along with the third payout.
The fee covers the expenses associated with our Exclusive Funded Programme challenges (ELITE & PRO) offered by Exclusive Markets. These expenses include the design, development, and maintenance of the Demo Platform, which supports the technical infrastructure of our services. The fee amount varies based on the chosen options and the simulated account balance. Additionally, it covers the creation and development of all our applications and other content available to our clients.
By paying the fee, you gain access to the Exclusive Funded Programme challenges, the simulated trading environment, and our unique applications designed to enhance your learning experience. It's important to note that this fee represents the maximum amount you can lose. Upon successfully completing the selected challenge and progressing to the Funded Account, you have the option to request a refund of your fee when you request your third payout (applicable to Pro challenge only).
Paying this fee does not guarantee or imply any financial reward.
We offer convenient payment methods to facilitate your participation in the challenges:
- Credit Cards
- Cryptocurrencies
Performance earnings are processed via bank transfers and cryptocurrencies.
The minimum amount eligible for a payout is $100, if the amount is under $100 at the end of the cycle you will not be eligible for a payout.
The moment you start trading on your Funded Account, the cycle begins.
You are eligible to request a payout of performance earnings after 14 days.
If you start trading on the 1st day of the month, you can request a payout on 15th.
Please do remember to complete a minimum of 5 trading days to be eligible for a payout during each cycle.
Each Partner is provided with a unique referral link, which they can share to earn commissions from new signups. Partners can earn up to 15% commission on the first product purchase made by the referred client.
