Nordic Funder
PROP FIRM OVERVIEW:
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Key Highlights:
- Your Strategy, Your Rules: No Restrictions on Aggressive Trading
- A Clear Path to a $1M Account with a 10% Profit Target
- Lightning-Fast First Payout in 24 Hours
- Challenge Duration: No Time Limit
pros summary:
Unlock Your First Profits in Just One Day
Trade Without Limits: Martingale and "All-In" Styles are Welcome
Your Personal EAs, Your Winning Edge
Cons summary:
The Long Wait: Only One Payout Every 30 Days
Strictly Solo: The Ban on Third-Party & Shared EAs
The Hidden Cost of Freedom: Pay Extra for Key Add-Ons
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Firm Rules:
Key Nordic Funder Rules for Traders
This part of our Nordic Funder review covers the essential Nordic Funder rules. Understanding these guidelines is crucial for success with this Nordic Funder prop firm.
General Trading Conditions
- Minimum Trading Days: There are no minimum trading day requirements.
- Inactivity Rule: An account will be considered inactive if no trades are placed for a period of 30 consecutive days.
- Weekend Holding: Holding trades over the weekend is restricted. All positions must be closed by 15:45 EST on Friday. An add-on is available to permit weekend holding.
News Trading Policy
While you are permitted to hold existing positions through a news event, you are prohibited from opening any new positions within a 3-minute window (before or after) a high-impact news release.
Rules on EAs and Copy Trading
This firm has specific policies regarding automated and copied trading:
- Expert Advisors (EAs): The use of EAs is allowed, provided they are personally owned by the trader. Using third-party or shared EAs is strictly prohibited.
- Copy Trading: You are only permitted to copy trades between accounts that are all owned by you. Group trading, using signal services, or copying from other traders is not allowed.
Risk Management and Account Limits
Prohibited Risk Strategies
To ensure responsible trading, "all-in" or exploitative strategies are not allowed. This includes using your full margin or maximum lot size on a single symbol or highly correlated instruments.
Evaluation Limits
While undergoing a Nordic Funder evaluation, you can only have one active challenge per specific account size and plan type at any given time. For example, you may have a 100k One-Step and a 100k Two-Step plan active simultaneously, but not two 100k One-Step plans.
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"For a quick comparison of these regulations with other firms, please see our main prop firm rules summary page."
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Nordic Funder Payout and Profit Split Rules
This part of our Nordic Funder review covers the Nordic Funder payout structure. Understanding these Nordic Funder rules is key to a successful partnership with this Nordic Funder prop firm.
Profit Split
The standard profit split is a competitive 80%. Traders also have the option to purchase an add-on at checkout to increase their share to an impressive 90%.
Payout Frequency
This firm offers a flexible "On-Demand" payout system. This means you can request your withdrawal at any time you choose, but you are limited to one payout request per 30-day period.
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