If you already have trading experience or feel ready for the evaluation then you can start your trading with Limitless Funding.
But, if you're new to trading, we suggest you start by opening a demo account with our partnered broker before venturing into any evaluation. This gives you the opportunity to familiarize yourself with the trading process without any real risk.
Limitless Funding is a remote proprietary trading firm where traders can undertake an evaluation in order to gain access to the funded accounts with trading capital.
We have three different evaluation types to fit every trading style and level. A trader can take a 1-phase, 2-phase or 3-phase evaluation with different account sizes.
As a V1.0 user you will be able to unlock a world of advantages as a member of Limitless Funding V1.0. You will become eligible for a range of exclusive discounts in our highly anticipated V2.0 release. Be at the forefront of trading with early access to new features, exclusive giveaways, higher capital allocations and higher gains.
Limitless Funding V2.0, also known as Version 2, will be a follow up version of V1.0 that will bring many exclusive features, including Copy Trading, Stored Value Card for seamless payouts, Tailored Made Evaluations and more.
In order to get funded by Limitless Funding, you must successfully pass either our 1-phase, 2-phase or 3-phase evaluation. Once you've successfully completed the evaluation, we'll ask for your identification documents (such as Passport, Driving License, or National ID) and a proof of your address. After you provide these documents, we will conduct an internal verification and finalize the contract. Please be aware that Limitless Funding does not extend services to individuals or countries on the sanctions list, those with criminal records associated with financial crime or terrorism, or to individuals under the age of 18. If any of the aforementioned circumstances apply, Limitless Funding reserves the right to terminate the contract.
When you're trading a Funded account with our firm, you are viewed as an independent contractor. Consequently, the responsibility for managing all taxes linked to your share of the gains rests with you.
Once you successfully pass the evaluation, our team will review your account and your documents (for KYC verification). After the review, you will receive an email with instructions on how to access and complete your Trader Agreement. Once you sign the agreement, you will receive the credentials for your funded account. We will create, fund, and issue your funded account, typically within 24 to 48 business hours.
*Please note that our trading team reviews evaluation accounts from 9AM to 5PM EST, Monday through Friday. If you pass the evaluation over the weekend, your account will be reviewed on Monday.
Once you pass the Assessment, we provide you with a live account, backed by our capital. The capital in your Funded Account is notional and may not match the amount of capital on deposit with the Broker. A Funded Account is notionally funded when actual funds in the account (i.e., the equity in a Funded Account represented by the amount of capital) differs from the nominal account size (i.e., the size of the Funded Account that establishes the initial account value and level of trading). Notional funds are the difference between nominal account size and actual capital in a Funded Account. Use of notional funding does not change the trading level or that the account may trade in any manner differently than if notional funds were not used. In particular, the same conditions and rules applicable to a soft breach, hard breach, Daily Loss Limit, Max Trailing Drawdown, stop loss and position limits apply.
In the event of a hard breach, any of the trading parameters, the account will automatically be invalid and ultimately will not be able to continue on that particular account. In the event of a hard breach, all gains you earned will be paid out to you.
We understand that as a trader you can go through losing periods with that in mind you can always start again with a discounted rate of 20%.
There are no Maximum Time Limits and there are no Minimum Trading Periods.
For instance, in a 2-phase evaluation, if you achieve the target in step 1 within 24 hours, you will automatically progress to step 2. The same rules apply for step 2 and so forth.
Another benefit of No Time Limits is that you could potentially become a funded trader as soon as you hit the gain target if you opt for the 1-phase evaluation.
Limitless Funding has no time limits in any of evaluation plans, so you can take as much time as you need or as little as you want to successfully complete the evaluation.
With Limitless Funding, traders have the chance to trade without putting their own capital at risk. We compensate traders for their gains (up to 90%) while taking risks on ourselves.
Limitless Funding offers:
- Up to $500,000 starting capital
- Access up $1,250,000 in total funding
- One, Two and Three Phase evaluations
- No Time Limits
- Up to 90% Gain Split
- Multiple Payout Options
- 20% Retry Discount
- The First Payout on Demand
- Advanced Affiliate Program
- Fast KYC processing time
- Expert Advisors (EAs) Allowed
- News Trading Allowed
- Hold Over Weekend Available
- No Risk Consistency Rules
- No SL Required Available
- True STP BrokerLow Spreads
- No Commissions on selected asset classes
- Trader-friendly Leverage
- Free Trading Competitions
- 200+ Symbols To Trade
- Advanced Dashboard
- Trade Stocks, Crypto, Indices, FX, Gold
- Exclusive Discounts For Our Traders
- Version 2.0 Exclusive Features Coming Soon
- Exclusive Benefits for Version 1.0 Users In V2.0
We welcome ambitious traders from across the globe, except those from countries on the sanction list.
We don't mandate any specific qualifications; the sole prerequisite is that you successfully pass our evaluation and adhere to all rules.
What truly matters to us is whether you can trade efficiently with proper risk management and maintain consistent profitability.
Each trader must be at least 18 years old and must not have any criminal records associated with financial crime or terrorism.
All countries, excluding OFAC listed countries, can take part in our program.
You must be at least 18 years of age to purchase an evaluation.
We have risk management software that is synced with the accounts we create. This allows us to analyze your performance in real time for achievements or rule violations. As such, you must use an account that we provide to you.
Upon purchasing an evaluation, you will receive access to a trader dashboard where you can monitor your evaluation and Funded accounts. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.
Our risk management technology is currently integrated with the platforms provided by our broker, ThinkMarkets. ThinkMarkets also provides pricing and execution.
Our team is actively working towards integrating TradingView compatibility into our platform in V2.0.
You can trade any products offered by ThinkMarkets. This includes FX pairs and CFD Indices, Metals, Equity Shares, and Cryptocurrencies.
In line with sound risk management practices, we allow up to 30:1 leverage for 2-phase evaluation and up to 20:1 leverage for 1-phase and 3-phase accounts.
Forex, Metals, and Indices are 10:1. Equity shares are 5:1. Cryptos are 2:1. This can be doubled with the add-on.
The leverage we provide may be increased in V2.0.
We use the RAW accounts from ThinkMarkets. These accounts have commission charges for Forex and Equity Share CFDs. The other products do not carry a commission.
Trading hours are set by ThinkMarkets. We do not have any control over the trading hours. You can see the trading hours for each product by right-clicking on any product in the "Market Watch" window of the trading platform and selecting "Specifications" from the dropdown menu.
Please note that holidays can have an impact on available trading hours. Additionally, pursuant to the no holding trades over the weekend rule, we close all open trades at 3:45pm EST on Fridays.
No. We operate at an arm's length with the Broker, ThinkMarkets. All market pricing and trade executions are provided by the Broker and are not changed or modified by us. Additionally, we do not mark up transaction costs established by the Broker through adjusting bid-offer spreads, markups/markdowns, commission charges or swaps.
For purposes of managing risk and minimizing transaction costs, we may offset or negate market risk and act as the direct counterparty to certain trades initiated in the Account. Such trades are executed at prices provided by the Broker. This framework is intended to ensure you receive real market execution on your trades, while simultaneously allowing us to manage risk dynamically by routing existing positions or future orders to third parties for execution as we deem appropriate. We believe that such real market execution and dynamic risk management would not be possible or as cost-effective if trades were executed in simulated accounts. Regardless of whether we act as counterparty to your trades, the gain or loss on your Funded Account is not calculated differently. However, when we act as the counterparty to your trades, there is an inherent potential conflict of interest because your trades do not result in net gain or loss to us, as your trades would if we were not the direct counterparty.
We reserve the right to limit the number of open positions you may enter or maintain in the Funded Account at any time, and to revise in response to market conditions the drawdown levels at which trading in the Funded Account will be halted. We or the Broker reserve the right to refuse to accept any order.
Yes, you can trade using an Expert Advisor.
No. trading styles deemed malicious include, but are not limited to:
- Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
- Utilizing non-public and/or insider informationFront-running of trades placed elsewhere
- Trading in any way that jeopardizes the relationship Prop Account has with a broker or may result in the canceling of trades
- Trading in any way that creates regulatory issues for the Broker
- Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass evaluation accounts
- Utilizing one strategy to pass an evaluation and then utilizing a different strategy in a funded account.
There are a number of companies marketing and selling off-the-shelf EA's aimed at passing Evaluations/Funded evaluations. This is NOT a representation of a profitable trader and falls under Malicious Practices.
Double leverage, trade without stop losses, trade over the weekend, increase payout split to 90%.
They can have one account of each size at the same time, but cannot have two accounts of the same size.
Yes. We offer a discount of 20%.
No.
No.
Unfortunately not for now, this is because the trading rules are easy and conditions are light.
However, we value our users and are continuously monitoring their experiences and gathering feedback. If the sustainability of Limitless Funding is intact, we are open to reconsidering this policy and it may be implemented in the next iteration, V2.0, of our platform.
By setting your account parameters here, you can apply for the Limitless Funding 1-phase and 2-phase evaluation. After submitting the order form, you will be redirected to the checkout page and sent an email confirming your order.
To get started with Limitless Funding, there are two options. Open a demo account initially before conducting any evaluations if you are new to trading. A demo account can be opened with our broker partner. You can begin your trip here if you already have trading experience or if you feel prepared for the evaluation.
No refunds will be offered after the first trade is placed.
Charges come across in the name of Dashboardanalytix.com.
The fee essentially acts as a demonstration of a trader's commitment to manage the account with utmost care and responsibility. When a trader has something at stake, their trading psychology is more engaged. Moreover, the fee is a minimal percentage compared to the size of the Limitless Funding Account you'll receive after successfully completing the evaluation process.
The silver lining is that you cannot lose more than the fee as any potential losses on the Limitless Funding Account are covered by us.
Furthermore, the fee covers the usage of all applications and the backend dashboard, which provides statistical and account analysis data to help traders scrutinize and enhance their trading strategies.
The Limitless Funding programme is a high-value service we provide, and hence, it is reasonably priced.
As soon as we receive the payment, we will start processing your Limitless Funding account. We normally process your Limitless Funding account within just a few hours.
Your Limitless Funding account information will be emailed to you once your trading account has been created, and your login credentials to the trading platform can be found directly in your Client Area and via email.
*Please keep an eye on your mailbox, particularly the spam and garbage folders.
Make sure you keep your login credentials safe and that you do not authorize anybody besides yourself to access them.
We do not charge any additional or hidden fees. You are able to customise your 1-phase and 2-phase evaluation at the checkout if you wish, which carry a one time charge. The fee covers the evaluation and verification (for 2-phase), we do not charge any recurring fees.
After setting your account parameters, you can apply for the preferred Limitless Funding evaluation. After submitting the order form, you will be redirected to the checkout page and sent an email confirming your order.
*Please note that when you request a withdrawal on 1-phase accounts the drawdown locks in at your initial starting balance.
Example 1: You start out with a 100k account. Your Daily drawdown is 5% and your Max Trailing is 6%. Your Daily drawdown level is $95,000 and your Max trailing is $94,000. Let’s say you make $8,000 gain. You request a withdrawal of $6,000. Being that your account achieved 4% your Max Drawdown is locked in at $100,000. This now leaves you with only 2% for Max drawdown.
Example 2: You start out with a 100k account. Your Daily drawdown is 5% and your Max Trailing is 6%. Your Daily drawdown level is $95,000 and your Max trailing is $94,000. Let’s say you make $20,000 gain. You request a withdrawal of $10,000 now your Max drawdown will lock in at your starting balance ($100,000). You now have a buffer of $10,000 until you would hit your Max drawdown at $100,000.
Example 3: You start out with a 100k account. Your Daily drawdown is 5% and your Max Trailing is 6%. Your Daily drawdown level is $95,000 and your Max trailing is $94,000. Let’s say you make $6,000 gain. You request a withdrawal of $6,000. You will have failed your account because you left no buffer and your account has reached Max Drawdown. Please note we will still issue the full withdrawal however you will forfeit the account.
When you're trading a Funded account with our firm, you are viewed as an independent contractor. Consequently, the responsibility for managing all gains linked to your share of the profits rests with you.
Traders can request a withdrawal of the gains in their Funded Account at any time in their trader dashboard, but no more frequently than once per 30 days. So, if you make gain in your Funded Account, you can request a withdrawal. When you are ready to withdraw the gains from your Funded Account, click the Withdraw Button in your trader dashboard and enter the amount to withdraw. Once your withdrawal request is approved, we will process withdrawal via your selected method.
Please note that the max drawdown will lock in at your starting balance for live accounts after receiving the payout .
Example: You have taken an account from $100,000 to $120,000. Your account had a 80% gain share. You then request a withdrawal of $14,000. In this scenario, we would pay you $11,200 (80%) and we would retain $2,800 (20%). This would also take the balance of the account down to $106,000, and your max loss limit is locked in at $100,000. So, you would have $6,000 maximum you could lose on the account before it would violate the maximum trailing drawdown rule.
*Please note you are entitled to a full withdrawal, however in doing so, you will leave no room for drawdown which puts your account at risk of being breached.
If you have made gains in your Funded account at the time of a hard breach, you will still receive your portion of those gains.
For example, if you have a $100,000 account and you grow that account to $110,000. Should you then have a hard breach we would close the account. Of the $10,000 in gains, you would be paid your 80% portion ($8,000) (or $9,000 at 90% if you chose to upgrade your gain split at the checkout).
We do not charge any additional or hidden fees. You are able to customise your 1-phase and 2-phase evaluation at the checkout if you wish, which carry a one time charge. The fee covers the evaluation and verification (for 2-phase), we do not charge any recurring fees.
You can request your payout via:
1. Bank Transfer
2. Cryptocurrency
3. Stored-Value Limitless Funding card – COMING SOON
Yes, you can request to switch the trading platform from MT4 to MT5, or the other way around, provided no trades have been executed on the account yet. To make this request, please send an email to support@limitlessfunding.com
The account specification can be seen directly in the trading platform. To view the instrument specification in our trading platform, open your Market Watch (Ctrl+M), right-click on the concerned instrument and choose ‘specification’.
The default account type has leverage set as 10:1 (FX and Gold), Indices 10:1, Stocks 5:1 and Crypto 2:1.
This can double with the add-on for 1-phase and 3-phase evaluations, and go up to 30:1 for 2-phase evaluation.
We do not offer excessive leverage as this can cause traders to blow their accounts.
The leverage we provide may be increased in V2.0.
For both the 1-phase and 2-phase evaluations we offer the most popular trading platforms. You can check our available options in the dashboard. TradingView compatibility will be available at V2.0.
Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Max Drawdown is set at 8% of your starting balance. This will be static for the life of the account.
If you have made gains in your Funded account at the time of a hard breach, you will still receive your portion of those gains.
For example, if you have a $100,000 account and you grow that account to $110,000. Should you then have a hard breach we would close the account. Of the $10,000 in gains, you would be paid your 80% portion ($8,000) (or $9,000 at 90% if you chose to upgrade your gain split at the checkout).
The Funded account follows the exact same rules as your evaluation account. Please be careful to check which is appropriate for your trading strategy because the parameters and drawdown conditions for the 1-phase and 2-phase evaluations differ. The gains you can make with a live funded account, are not limited.
Yes. If you don't execute a trade on your account at least once every 30 days, we'll consider you inactive and breach your account.
We value our users and are continuously monitoring their experiences and gathering feedback. If sustainability of Limitless Funding is intact, we are open to reconsidering this policy and it may be removed in the next iteration, V2.0, of our platform.
The Maximum Trailing Drawdown refers to the highest amount your account can decrease in value before a hard breach of your account occurs. When your account is first opened, your Maximum Trailing Drawdown is set at 6% of your initial balance. This 6% drawdown trails your High Water Mark, which is the highest peak in value that your account has reached, until your account achieves a 6% gain. After your account has gained a 6% gain, the Maximum Trailing Drawdown locks at your initial balance and no longer follows the fluctuations of your account.
Please see below different scenarios:
Example 1: If your account balance rises to anything above $106,000, your maximum trailing drawdown will lock at $100,000. This means your account must never drop below $100,000 in equity or balance at any point.
Example 2: If your account balance reaches $106,000, your maximum trailing drawdown will still remain locked at $100,000. This means, for instance, if the following day your account drops to $102,000, your maximum trailing drawdown will still be at $100,000.
Example 3: If you start with a $100,000 account, your maximum allowable loss is set at 6% ($6,000). This means that if your account equity drops below $94,000 at any point, it would be a violation.
Example 4: If your account balance grows to $110,000, your maximum trailing drawdown will remain locked at $100,000, allowing for a total drawdown of 10% on the account.
Example 5: If your account balance or equity grows to $105,000, your maximum trailing drawdown will be adjusted to $105,000 minus $6,000, which equals $99,000. This means that your account must not fall below $99,000 in equity or balance at any time.
Daily Loss Limit is calculated based on the previous day’s end of day (5pm EST) balance.
Example: If your prior day’s end of day balance was $100,000 you would breach the Daily Loss Limit of 5% should your equity the next day fall to $95,000.
We have very simple rules:
Do not hit the drawdown:
5% Daily Loss Limit (hard breach)– 1-phase
6% Max Trailing Drawdown (hard breach)- 1-phase
4% Daily Loss Limit (hard breach) - 2-phase
8% Max Static Drawdown (hard breach)- 2-phase
Other rules:
- No Time Limits
- No Minimum Trading days for each phase
- Must place a trade once in 30 days if not this would be considered a hard breach.
We value our users and are continuously monitoring their experiences and gathering feedback. If sustainability of Limitless Funding is intact, we are open to reconsidering these rules and they might be changed in the next iteration, V2.0, of our platform.
Traders who wish to trade multiple accounts at the same time, are able to purchase one of each account size
1 x $10,000, 1 x $25,000 , 1 x $50,000 , 1 x $100,000 , 1 x $200,000 , 1 x $400,000, 1 x $500,000. In total, $1.285 million.
Traders can not buy two of the same account size at the same time.
Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Max Drawdown is set at 8% of your starting balance. This will be static for the life of the account.
We utilize risk management software that is integrated with the accounts we establish. This enables us to analyze your performance in real time to detect accomplishments or breaches of rules. Therefore, it's essential for you to use an account that we've assigned to you.
If you have made gains in your Funded account at the time of a hard breach, you will still receive your portion of those gains.
For example, if you have a $100,000 account and you grow that account to $110,000. Should you then have a hard breach we would close the account. Of the $10,000 in gains, you would be paid your 80% portion ($8,000) (or $9,000 at 90% if you chose to upgrade your gains split at the checkout).
Once you pass the evaluation, we provide you with a live account, with real funds.
Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your account will be breached.
We value our users and are continuously monitoring their experiences and gathering feedback. If sustainability of Limitless Funding is intact, we are open to reconsidering this policy and it may be removed in the next iteration, V2.0, of our platform.
The Maximum Trailing Drawdown refers to the highest amount your account can decrease in value before a hard breach of your account occurs. When your account is first opened, your Maximum Trailing Drawdown is set at 6% of your initial balance. This 6% drawdown trails your High Water Mark, which is the highest peak in value that your account has reached, until your account achieves a 6% gain. After your account has gained a 6% gain, the Maximum Trailing Drawdown locks at your initial balance and no longer follows the fluctuations of your account.
Please see below different scenarios:
Example 1: If your account balance rises to anything above $106,000, your maximum trailing drawdown will lock at $100,000. This means your account must never drop below $100,000 in equity or balance at any point.
Example 2: If your account balance reaches $106,000, your maximum trailing drawdown will still remain locked at $100,000. This means, for instance, if the following day your account drops to $102,000, your maximum trailing drawdown will still be at $100,000.
Example 3: If you start with a $100,000 account, your maximum allowable loss is set at 6% ($6,000). This means that if your account equity drops below $94,000 at any point, it would be a violation.
Example 4: If your account balance grows to $110,000, your maximum trailing drawdown will remain locked at $100,000, allowing for a total drawdown of 10% on the account.
Example 5: If your account balance or equity grows to $105,000, your maximum trailing drawdown will be adjusted to $105,000 minus $6,000, which equals $99,000. This means that your account must not fall below $99,000 in equity or balance at any time.
Daily Loss Limit is calculated based on the previous day’s end of day (5pm EST) balance.
Example: If your prior day’s end of day balance was $100,000 you would breach the Daily Loss Limit of 5% should your equity the next day fall to $95,000.
At Limitless Funding, we embrace the diversity of trading styles. Whether you prefer hedging, algorithmic trading, Expert Advisors (EAs), or any other strategy, you're welcome to employ them as long as they adhere to legitimate market conditions and can be replicated on our live corporate accounts.
We offer the freedom to trade all available instruments and assets in your platform, including Forex, Indices, Commodities, Stocks, Crypto, etc. If you can make consistent trading gains while respecting our rules, we're more than happy to support your success.
Grid Trading and Martingale strategies are permitted, though certain terms and conditions apply. If you wish to use third-party Expert Advisors (EAs), please remember there might be other traders using the same EAs, which might lead to the denial of your Limitless Funding Account. You can have your EA reviewed by emailing us at support@limitlessfunding.com with the subject title "EA verification".
Despite our openness to varied trading styles, we strictly prohibit certain practices:
1. Account Sharing or Account Sale: Sharing or reselling of Funded accounts is strictly forbidden and will lead to immediate account breach and service ban.
2. High-Frequency Trading (HFT): HFT, which involves using advanced algorithms and high-speed networks to execute a massive volume of trades in fractions of a second, is not allowed due to the potential for market manipulation, unfair advantages, and market instability.
3. Trading in US-Sanctioned Countries: Users are not permitted to log in or place orders in OFAC-sanctioned countries.
4. Collusion Between Users: Any form of collusion, including “layering” or “spoofing” where multiple accounts are used to place bids or offerins in the same direction on the same asset, without the aim of being filled.
5. Hedging or Group Hedging Across Multiple Accounts: Strategies like "Arbitrage" where trades are placed in opposite directions on the same asset across multiple accounts are not allowed. These methods yield risk-free profits which violate compliance with the operation of the real financial market.
6. Use of a Delayed Data Feed or Trading on Delayed Charts: Any practice that uses delayed or lagged market data to gain an unfair advantage is strictly prohibited.
All traders must adhere to our platform rules, all laws and regulations, and the Limitless Funding Terms of Use in a fair and honest manner.
You are prohibited from using any trading strategy that is expressly prohibited by the Company or the Broker.
Such prohibited trading (“Prohibited Trading”) shall include, but not be limited to:
- Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker
- Utilizing non-public and/or insider informationFront-running of trades placed elsewhereTrading in any way that jeopardizes the relationship that the Company has with a Broker or may result in the canceling of trades
- Trading in any way that creates regulatory issues for the Broker
- Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass challenge accounts
- Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account, as determined by the Company in cooperation with Prop Account, LLC at their discretionHolding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity. To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release. Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any calculations.
- Entering into an Equity CFD at or near the end of the trading day with intent of profiting from the marketing gap between when the market closes and reopens on the subsequent trading day, as determined by the Company in its sole and absolute discretion.
- Attempting to arbitrage an assessment account with another account with the Company or any third-party company, as determined by the Company in its sole and absolute discretion.
If we detect that your trading constitutes Prohibited Trading, your participation in the program will be terminated and may include forfeiture of any fees paid to us. Additionally, and before you shall receive a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by us to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a Funded Account.
Additionally, we reserve the right to disallow or block You from participating in the program for any reason, in our sole and absolute discretion.
To view all Prohibited Uses, please review our Terms and Conditions here https://dashboardanalytix.com/client-terms-and-policies/?v=7516fd43adaa
Yes, you are able to trade new events.
However please note that with high impact news spreads and volatility can massively affect your trading position. We advise you to manage your risk appropriately during these trading periods.
Once you pass the evaluation, we provide you with a live account, with real funds.
Our 2-phase evaluation accounts have leverage up to 30:1 and our 1-phase and 3-phase have leverage up to 20:1.
For 1-phase and 3-phase accounts, our standard leverage is; 10:1 (FX & Gold) Indices 10:1, Equity Shares 5:1, Crypto 2:1. This can double with an add-on when checking out.
We do not offer excessive leverage as this can cause traders to blow their accounts.
The leverage we provide may increase in V2.0.
Traders have the opportunity to trade on the platforms provided by the ThinkMarkets. For more info please login to your Limitless Funding dashboard account to check platforms that we offer or ask customer support agent for more details.
TradingView compatibility will be available at V2.0.
No, you do not need to close your positions overnight.
However spreads may widen during these periods due to changes in liquidity as per real trading environments. We advise to manage your positions and risk during this period if you wish to hold trades overnight.
No you do not need to close your positions over the weekend if you choose an add-on.
However spreads may widen during these periods. We advise to manage your positions and risk during this period if you wish to hold trades over the weekend.
Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your evaluation or Funded account.
Hard breach means that you violated either the Daily Loss Limit or Max Trailing Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the evaluation or have your Funded account taken away.
The Daily Stop Loss is the maximum your account can lose on any given day. Daily Stop Loss is calculated using the previous day balance which resets at 5 PM EST. Unlike other prop firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale gains without fear of losing your account. The Daily Stop compounds with the increase in your account.
Example: if your prior day's end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $95,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your newday (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $95,000.
The Maximum Trailing Drawdown is initially set at 6% and trails (using CLOSED BALANCE - NOT equity!) your account until you have achieved a 6% return in your account. Once you have achieved a 6% return the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance. This allows for more trading flexibility as you have proven yourself as a trader who makes consistent gains and can now freely compound an account.
For example, if you take your account to $170,000, as long as you do not drawdown more than 5% in any given day, you would only breach if your account equity reaches $100,000.
Another example; If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let's say you take your account to $102,000 in CLOSED BALANCE. This is your new high-water mark, which would mean your new Maximum Trailing Drawdown would be $96,000.
Next, let's say you take your account to $106,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the daily drawdown).
In line with sound risk management practices, we require a stop loss on every trade. If you fail to place a stop loss at the time of placing the trade/order, we will close the trade. This is only a soft breach rule, so you can continue trading in your account.
Traders have the option to forego using a stop loss if they opt for the add-on feature on the checkout page.
Forex - 1 lot = $100k notional
Index - 1 lot = 10 Contracts
Cryptos - 1 lot = 1 coin
Stocks - 1 lot = 100 shares
Silver - 1 lot = 5000 ounces
Gold - 1 lot = 100 ounces
Oil - 1 lot = 1000 barrels
We have no max lot restrictions.
Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your account will be breached.
We value our users and are continuously monitoring their experiences and gathering feedback. If sustainability of Limitless Funding is intacted, we are open to reconsidering this policy and it may be removed in the next iteration, V2.0, of our platform.
Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your evaluation or Funded account.
Hard breach means that you violated either the Daily Loss Limit or Max Trailing Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the evaluation or lose your Funded account.
Daily Loss Limit is calculated based on the previous day’s end of day (5pm EST) balance.
Example: If your prior day’s end of day balance was $1,000,000 you would breach the Daily Loss Limit of 4% should your equity the next day fall to $960,000.
Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Max Drawdown is set at 8% of your starting balance. This 8% is static and does not trail.
In line with sound risk management practices, we require a stop loss on every trade. If you fail to place a stop loss at the time of placing the trade/order, we will close the trade. This is only a soft breach rule, so you can continue trading in your account.
Traders have the option to forego using a stop loss if they opt for the add-on feature on the checkout page.
Forex - 1 lot = $100k notional
Index - 1 lot = 10 Contracts
Cryptos - 1 lot = 1 coin
Stocks - 1 lot = 100 shares
Silver - 1 lot = 5000 ounces
Gold - 1 lot = 100 ounces
Oil - 1 lot = 1000 barrels
We have no max lot restrictions.
Yes. If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your account will be breached.
We value our users and are continuously monitoring their experiences and gathering feedback. If sustainability of Limitless Funding is intact, we are open to reconsidering this policy and it may be removed in the next iteration, V2.0, of our platform.
Once you successfully pass the evaluation, our team will review your account and your documents (for KYC verification). After the review, you will receive an email with instructions on how to access and complete your Trader Agreement. Once you sign the agreement, you will receive the credentials for your funded account. We will create, fund, and issue your funded account, typically within 24 to 48 business hours.
*Please note that our trading team reviews evaluation accounts from 9AM to 5PM EST, Monday through Friday. If you pass the evaluation over the weekend, your account will be reviewed on Monday.
Once you pass the Assessment, we provide you with a live account, backed by our capital. The capital in your Funded Account is notional and may not match the amount of capital on deposit with the Broker. A Funded Account is notionally funded when actual funds in the account (i.e., the equity in a Funded Account represented by the amount of capital) differs from the nominal account size (i.e., the size of the Funded Account that establishes the initial account value and level of trading). Notional funds are the difference between nominal account size and actual capital in a Funded Account. Use of notional funding does not change the trading level or that the account may trade in any manner differently than if notional funds were not used. In particular, the same conditions and rules applicable to a soft breach, hard breach, Daily Loss Limit, Max Trailing Drawdown, stop loss and position limits apply.
The rules for the Funded account are exactly the same as your evaluation account. However, with a Funded account, there is no cap on the trading gains you can generate.
If you have made gains in your Funded account at the time of a hard breach, you will still receive your portion of those gains.
For example, if you have a $100,000 account and you grow that account to $110,000. Should you then have a hard breach we would close the account. Of the $10,000 in gains, you would be paid your 80% portion ($7,500).
Traders can request a withdrawal of the gains in their Funded Account at any time, from day 1, in their trader dashboard, but no more frequently than once per thirty (30) days. So, if you make gain in your Funded Account, you can request a withdrawal. When you are ready to withdraw the gains from your Funded Account, click the Withdraw Profits button in your trader dashboard and enter the amount to withdraw via available methods.
Your first withdrawal can be requested at any time. Thereafter, you can request a withdrawal of the gains in your account every 30 days. When a withdrawal is approved, we will also withdraw our share of the gains, and your max trailing drawdown will lock in at your starting balance. The trailing drawdown on 1-phase accounts does not reset when you request a withdrawal.
Example: You have taken an account from $100,000 to $120,000. You then request a withdrawal of $16,000. In this scenario, you will receive $12,000 and we would retain $4,000. This would also take the balance of the account down to $104,000, and your Maximum Trailing Drawdown is locked in at $100,000. So, you would have $4,000 maximum you could lose on the account before it would violate the Maximum Trailing Drawdown rule. If you take a full withdrawal of the gains in your Funded Account, the Maximum Trailing Drawdown will still lock in at the starting balance and will therefore result in the forfeiting of your Funded Account, as your balance will trigger the Maximum Drawdown breach rule.