FundedGate Prop Firm, From Forex Market to Digital Currencies

To get started, you need to register on the website. After logging into your user panel, go to the "New Challenge" section where you can choose and purchase a challenge that fits your needs and preferences.

After completing the purchase, traders must create a demo account in any broker of their choice, with the same account size as the purchased challenge.
They should then navigate to the “Orders” section in their user panel and upload the account number and password of the created account.
By completing this process, the trader will be able to activate and start trading on their account within a 30-day period.
All procedures related to account creation and activation are carried out entirely within the trader’s user panel.

Yes, you can pay for the challenge using either Iranian Rial or cryptocurrency (Tether).

To maintain the consistency of trading conditions and ensure a fair evaluation of traders’ performance, the use of a fixed leverage of 1:100 is mandatory across all stages (both Challenge and Funded accounts).
Any alteration or use of a leverage ratio different from the specified value shall be considered a violation and may result in account disqualification and invalidation of trading results.

To complete each phase, the trader must record 3 trading days. Once this is done, the trader can request the next phase account from the “Requests” menu.
A valid trading day is defined as a day on which at least one trade has been executed and the trade remains open for no less than 30 seconds.

Traders are responsible for creating their own accounts on the chosen trading platform.
After purchasing a challenge, traders have 30 calendar days to initiate Phase 1 by placing their first trade.
Upon successfully passing Phase 1, traders must request the start of Phase 2 within 15 days.
Once the Phase 2 account is issued, the trader has 30 days to place the first trade.

Upon successful completion of both challenge phases and after the first profit withdrawal from the live account, the trader is eligible for a refund of up to 100% of their challenge fee. Refunds are processed in cryptocurrency, typically via USDT or other digital assets.

Daily Drawdown is calculated based on the starting balance at the beginning of each trading day, while Overall (Max) Drawdown is measured against the initial account balance.
Throughout any trading day:
The equity or balance must not fall below 95% of the day’s starting balance. If this threshold is breached, the challenge (or live account) will be invalidated and marked as failed.
Even if the balance increases during the day, the initial balance at the start of the day remains the reference point for daily drawdown, allowing traders to take on greater risk within that limit.
Example: If the balance rolls over to the next day at 10,200 units, the daily drawdown limit will still be calculated based on the starting balance of that day, not the increased amount.
For Overall Drawdown, the maximum allowable loss is 12% of the initial account balance. If equity (including open trades) or balance declines by 12% or more from the starting balance, the account will be in violation of overall drawdown rules.
These policies are enforced to ensure effective risk management and account stability.

Hedging across accounts is strictly prohibited under any circumstance, including:
Between a trader’s own accounts (challenge or Real),
Between different traders on the FundedGate platform,
Between accounts on other proprietary trading firms.
If any form of inter-account hedging is detected, all associated accounts will be revoked without eligibility for refunds or future participation.
FundedGate reserves the right to terminate cooperation immediately and without prior notice in such cases. Hedging between accounts undermines the platform’s risk management objectives and is deemed a serious violation.

Traders are fully responsible for any losses incurred due to slippage. Slippage is not considered a technical failure or a breach of platform operations.
If slippage leads to a breach of risk parameters (such as maximum daily or overall loss), the trader’s account will be automatically closed, and no appeals will be accepted.
FundedGate accepts no liability for slippage caused by:
Market conditions, Major economic news releases, Low liquidity and High volatility events.