⛔Prohibited Trading Strategies

Traders must not use any trading strategy explicitly restricted by Bitfunded. Prohibited trading includes, but is not limited to:

1. Mandatory Trade Closure Every 10 Days (Anti-Swing Trading):

Traders are prohibited from keeping any position open for more than ten (10) consecutive calendar days. Any trades that exceed this maximum duration may have the associated profits removed from payout eligibility. This rule is intended to prevent excessive floating profits, prolonged exposure, and unauthorized swing trading practices. Bitfunded may introduce specific products designed for swing traders under different conditions.

2. Anti-Gambling: “All-In” Trading Prohibited:

Traders may not engage in “All-In” behavior, defined as committing the majority of their capital (typically more than 65%) into a single trade idea or asset class simultaneously. For example, a trader with 10,000 USDT in capital leveraging four trades with 2,000 USDT margin each on the same asset (total exposure of 8,000 USDT) is deemed excessively risky. This is considered a gambling behavior and may result in the denial of profits or disqualification from funded status.

3. Simultaneous Trades Limit

To maintain a safe and controlled trading environment, traders may have no more than 10 open trades at the same time, whether these trades are placed on the same pair or across different trading pairs.

4. KYC Requirement Upon Reaching $10,000 in Total Profits:

Traders who reach or exceed $10,000 in cumulative profit will be required to complete a Know Your Customer (KYC) verification process before processing any further withdrawals. The KYC process shall include submission of full legal name, current residential address, government-issued identification number, and a clear copy of the document. Failure to comply may result in delayed or denied payouts.

Consequences of Prohibited Trading

If Prohibited Trading is detected, the Trader’s participation will be terminated, which may include the forfeiture of any fees paid. Before a funded account is granted, all trading activities will be reviewed to identify any prohibited behavior. If such activity is found, the Trader will not receive a funded account. The company reserves the right, at its sole and absolute discretion, to disallow or block any Trader from participating in the program for any reason.

During the Live Stage, after a withdrawal request has been submitted, trading activities will also be reviewed to identify Prohibited Trading. If any violations are found, a 50% penalty will be applied to the profit withdrawable from the Trader’s entitled 80% as a first warning. If the tendency to break the Prohibited Trading continues, the Trader’s participation will be terminated, which may include the forfeiture of any fees paid.

You can check our full Terms of Use here: https://www.bitfunded.com/terms-of-use/