Frequently Asked Questions

Clear limits. Transparent evaluations. Professional risk management. Understand the rules that protect your account, support sustainable trading, and create a fair environment for every trader.

CMC Markets Funded is a simulated trading evaluation and reward program powered by Match-Trader. Traders are assessed on simulated accounts and can earn real payouts based on simulated trading performance.

All accounts are simulated. That includes evaluation phases and the reward stage.

Yes. Payouts are real, but they are based on simulated trading performance.

The reward stage is the simulated account stage reached after passing an eligible evaluation, or entered immediately in Instant products. It is where real profit sharing applies.

Match-Trader is the backend used for the uploaded challenge configuration pack.

All uploaded challenge configurations are denominated in USD.

All uploaded challenges are configured at 1:500 leverage for base challenges, leverage can be adjusted for custom challenges. 

Across the base challenges, the available sizes are 10k, 25k, 50k, and 100k.

CMC Markets Funded is a simulated trading evaluation and reward program powered by Match-Trader. Traders are assessed on simulated accounts and can earn real payouts based on simulated trading performance.

All accounts are simulated. That includes evaluation phases and the reward stage.

Yes. Payouts are real, but they are based on simulated trading performance.

The reward stage is the simulated account stage reached after passing an eligible evaluation, or entered immediately in Instant products. It is where real profit sharing applies.

Classic is a two-step evaluation followed by a reward stage. Direct is a one-step evaluation followed by a reward stage. Instant starts directly in the reward stage with no profit target configured.

Match-Trader is the backend used for the uploaded challenge configuration pack.

Instant 10k is $299, Instant 25k is $499, Instant 50k is $899, and Instant 100k is $1,599.

Classic Phase 1 has an 8% profit target.

Classic Phase 2 has a 5% profit target.

Classic is configured with a 5% max daily loss across all phases.

Classic is configured with a 10% max loss across all phases.

Classic uses Equity for max daily loss calculation and Fixed for max loss type.

Classic challenges feature 3 days of trading as a minimum to pass the base challenge. Of course, clients can choose the “no minimum trading days” add-on to remove that requirement. 

Direct has two internal Match-Trader phases: Trader Evaluation and Profit Share. Customer-facing, that is a one-step evaluation followed by a simulated reward stage.

Direct Phase 1 has a 10% profit target.

Direct is configured with a 4% max daily loss across both phases.

Direct is configured with a 4% max daily loss across both phases.

Direct uses Equity for max daily loss calculation and Fixed for max loss type.

Yes. Direct Phase 1 is configured with 3 minimum trading days.

No. The Instant challenge products do not have a profit target configured.

Instant is configured with a 3% max daily loss.

Instant is configured with a 6% max loss.

Instant uses Equity for max daily loss calculation and Trailing Until Initial for max loss type.

Instant is configured at 70% trader / 30% firm. Buying an add-on can increase this split. 

Fixed max loss means the maximum loss threshold does not trail upward as the account grows.

Trailing Until Initial means the maximum loss threshold can move up until it reaches the starting balance, then stops trailing.

All uploaded challenges use Equity as the max daily loss type.

Classic and Direct use Fixed max loss. Instant uses Trailing Until Initial.

No, there is no maximum time limit to complete any challenge. 

Only if you buy the No Minimum Trading Days add-on on an eligible Classic or Direct challenge. Without that add-on, eligible evaluation products have a 3-day minimum.

The add-on pack features two add-ons: No Minimum Trading Days, Increase Profit Split.

It decreases minimum trading days by 3 and is described as enabling you to pass a challenge in a single day.

It adds a 15% extra fee to the challenge price.

All Classic and Direct challenges support the “No Minimum Trading Days” add-on. 

It increases the configured profit split by 10 percentage points.

It adds a 20% extra fee.

Classic and Direct reward-stage split moves from 80% to 90%. Instant moves from 70% to 80%.

It increases max daily loss by 4 percentage points and max loss by 6 percentage points.

It adds a 35% extra fee.

All Classic, Direct and Instant challenges support the Increase Profit Split add-on.

Yes. All trading remains simulated in the reward stage.

Classic and Direct reward-stage split is configured at 80% trader / 20% firm before add-ons.

Instant is configured at 70% trader / 30% firm before add-ons.

No. Signal selection is discretionary and not guaranteed.

No. Signal selection is discretionary and not guaranteed.

Yes, there are no restrictions around news trading. 

Yes, standard holding costs apply for positions held overnight and over the weekend. 

Please refer to the latest policy page or contact support if you don’t find the answer within this section.