Terms of The Program

By joining The Funded Talent, the Trader will receive a demo account, in which the Trader is expected to demonstrate a profitable trading performance.

TFT Funded Trader

The Funded Talent Pro Program is designed for a trader who has successfully completed the two-step evaluation phase and become a Funded Trader. A Funded Trader is certified to trade on behalf of and with the trading capital of The Funded Talent under a non-employee third-party contractor relationship.

Risk Management

The Funded Talent requires its traders to perform their trading in accordance with a suggested risk management discipline.

Risk management is mandatory. By self-enforcing the Program's suggested risk management, the Trader will benefit from improved funding conditions on future stages of the Program, as outlined in this document, in chapter RISK MANAGEMENT

Payouts

Payouts will only be made to those who have completed the TFT Pro Program. Furthermore, payouts will only be made out of the profitable performance of the Trader on accounts that did not incur any violations, such as daily losses or news trading.

Program Termination

In the event that the Trader has reached the stop-out level, a daily loss level, or has failed to comply with the established rules, the Trader's account will be terminated, resulting in the immediate conclusion of the Trader's participation in the Program.

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Necessary Prerequisites 

The Program is available to individuals only. They must be from the age of 18 years and older, and can be of all nationalities.

Individually Private Only

The Program is designed for individual traders only. Each individual trader who signs up is permitted to trade on behalf of the Fund, in both the evaluation Program and as a Funded Trader in the official trading Program..

Proof of Authenticity

Please be advised that an authentic identity must be provided. The programme only accepts traders who can provide proof of their identity.

Restricting Organisations

Please note that the programme is not available to any entity, firm, corporation, organization or group of individuals.

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Program And Targets

Profit Target

There is a predetermined target milestone in terms of USD net profit for each program stage. After deducting commission, spread, overnight swap charge, and all trading expenses, the remaining amount is known as net profit.

Account Stop out Level

Definition: Determines the maximum loss permitted in the account based on the equity in the account.

Account daily loss

Every trading day, 5% of the starting balance is used to determine the maximum daily loss limit. The account balance at broker time (00:00 GMT+2) at the end of the daily candle is the basis for this computation.

Time Limit

Each evaluation phase can be completed at any time; however, traders must be active at least once every 14 calendar days. Accounts that are inactive (do not open new positions) for longer than 14 days will be closed.

Program Restrictions

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Coordination of trading with other accounts or traders who are active in the Fund is forbidden. Any kind of trading activity coordination between two or more accounts in the name of another trader is strictly prohibited. This includes the ban on duplicate trades and orders, duplicate trading activity, and duplicate hedging between accounts. Any blatant coordination of the aforementioned is deemed a serious breach of this program and will be immediately terminated as a result of the contract's violation.

Violation of Risk Requirements and Restrictions:

It is expected of traders to trade in accordance with our excessive risk management specifications. We reserve the right to close a trading account in the event that a breach of the risk guidelines is discovered.

Profits from positions that violate risk management policies will not be recognized as profits and will not be factored into the achievement of milestones.

Trading Conditions Acknowledgment

I hereby confirm that I fully understand that my trading performance may also be impacted by a number of conditions by enrolling in The Funded Talent Program. These conditions include:

Variable Spread

The difference in spread between the ask and bid prices can increase several times during periods of market rigidity, such as significant economic events.

Trading Gaps

The variations between one tick quote and the next can get very large during periods of high market liquidity. An alternative name for this is "A Gap." Orders placed at prices that do not have a tick quote will be filled at the next pricing that is offered. The outcome could be a less desirable price for execution.

Overnight Rollover Spread Conditions 

Please be aware that an overnight rollover occurs at the end of each day at midnight, in line with the settings of the programme. At this time, the banks are processing a high volume of orders, which may result in delays in the transfer of funds from one day to the next. This could lead to a notable rise in the spreads. This process typically takes between a few seconds and two minutes past midnight. The increase in the spread may result in the execution of nearby stop or limit orders. It is recommended that orders be moved as far away from nearby orders as possible to prevent any unwanted executions due to technical issues.

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Trading Commission

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The commission is a trading fee that the liquidity provider charges. Brokers and liquidity providers charge for the order execution service in accordance with industry standard procedure.

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Economic Event Releases

Whenever economic data is released, gaps often appear in the price, spreads can widen, and price does not ensure execution. It is recommended to keep an eye on the event release schedule, minimize position exposure, and move further stop and limit orders.

Termination of The Program

The fund retains complete control over who gets to join the Trading Program. Including during the evaluation or funded trading period, the fund reserves the right to end our relationship with a trader at any time and for any reason.

The following are examples of reasons for termination, although this list is not exhaustive:

• The maximum drawdown allowance has been reached or exceeded.
• Please be advised that the account will be considered inactive if no activity is recorded for a period exceeding 28 days.
• Any misuse or abuse of the programme, as outlined in the above section on activity restrictions.
• The practice of switching between different trading systems or methods within the same trading account is indicative of inconsistency.
• The Trader's association with a direct rival of the business.
• A potential conflict of interest exists between the Company and the Trader.
• The Company's reputation in external communications was harmed by the Trader's actions.
• The trader uses trading techniques that are against company policy or that go against best practices.
• Breach of the Company's risk management guidelines by the Trader.
• Any fraudulent activity by the Trader concerning payouts, payments, or the Know Your Customer (KYC) verification procedure.
• The Trader's unwillingness to comply with the Company's legitimate requests.
• The Trader's improper wording in correspondence with the Company.
• Any time and without prior notice, The Funded Talent retains the right to end the Program.

Termination Clearance

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The following actions will be implemented in the event of a termination.

• Trader  will receive an official email notification of termination.

• Disabling trading activity in trading accounts.
• Preventing users from using the platforms and trading accounts that the Fund provides.
• The trader will receive an email with a comprehensive and detailed trading report.

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Please note that all accounts are limited to 28 days inactivity at all levels.

In other words, the account is disabled after 28 consecutive days of inactivity. Please note that once the account has been deactivated this process cannot be undone and the account will remain closed.

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