Welcome to our FAQ section! Here are answers to common questions about our trader funding program. We aim for transparency and support to help you trade and grow. Questions? Contact our support!
To start your journey with Echo Funding, access the "Trading Evaluations" section on our website. Choose your desired plan (see our Challenges page) and click "Get Started". You will be redirected to the account creation page. After creating your account, we will send your login credentials by email. With them, you can access the dashboard, purchase your evaluation, and start trading immediately after payment confirmation.
Important: All trading is conducted through our partner broker Exness. Your trading account will be created on the Exness platform (MT4 or MT5).
After purchasing the evaluation, our system automatically sends the account credentials to your email within a few minutes. The credentials are for your account with the Exness broker (MT4 or MT5). Check your inbox (and spam folder, if necessary). If there are delays, contact our support at [email protected].
We do not impose strict time limits! You have complete freedom to reach the profit target for your plan (see question 4 for details) at your own pace. Once you reach the goal, you can start the upgrade process to the experienced trader account within 3 business days.
In the evaluation phase, objectives vary by plan:
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If you don't reach the profit target during the evaluation, there is no penalty – you can continue trying with no time limit. If you prefer to start over, you can purchase a new evaluation.
If the drawdown limits for your plan are exceeded, the account will be deactivated, but you can start again with a new purchase.
Yes! You are free to use Expert Advisors (EAs), robots, or any strategy you prefer, as long as all trades are made by you, the account holder. The use of account management services by third parties or copying trades from other traders is strictly prohibited and will result in account violation.
Congratulations on your success! After passing the evaluation, follow these steps:
Important: You will operate in a DEMO account for up to 12 months on the Exness broker platform, but you will receive payouts normally throughout this period. After 12 months, your account will be evaluated for possible migration to a production account (PRD). Migration is not guaranteed and depends on your performance and compliance with our rules.
Leverage varies by plan:
Leverage varies by plan; see our Challenges page for details.
We recommend reviewing the contract sizes and margins of each instrument before starting, as they may vary.
Rules vary by plan; see our Challenges page for news and weekend trading details.
You can manage up to $200,000 in total buying power (for example, 2 accounts of $100,000). If you reach this limit and want more, contact us for special evaluation.
During the evaluation and in the experienced trader stage, risk rules vary by plan:
Unable to load plan details. Please check our Challenges page for risk rules.
At Echo Funding, you have the freedom to choose your trading style. In the evaluation phase, you can use any strategy freely, including grid trading and Martingale, as long as they are legitimate trades made by you.
In the experienced trader stage, your trades must reflect real market conditions. Strategies such as grid trading (5 or more simultaneous orders on the same asset), Martingale, latency arbitrage, hedging between accounts, abuse of news volatility with guaranteed orders, or other tactics not replicable in live environments are prohibited.
General Prohibitions: Exploitation of platform flaws, use of delayed data for risk-free profits, copying trades between users or management by third parties are strictly prohibited, as they compromise the legitimacy of the program.
All trading is conducted through the Exness broker.
Allowed Instruments: Only forex pairs (currencies) are allowed. Indices, cryptocurrencies, and commodities are NOT allowed.
Allowed Pairs:
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Restrictions: Any trading in unauthorized instruments (indices, cryptocurrencies, commodities) will result in rule violation and may lead to account deactivation.
You can request a withdrawal once per month, provided you have reached a minimum profit of $50, traded for at least 5 days, and are in compliance with the 40% Consistency Rule. Requests are processed within 5 business days (7 days on the first withdrawal due to initial verification).
Payment Methods: Payments can be made via USDT or Bank Transfer (SWIFT). Important: SWIFT withdrawals may include banking and processing fees.
Payout Structure:
Payout structure varies by plan. Please check our Challenges page for details.
Demo Period: After passing the evaluation, you will receive access to an experienced trader account that operates in DEMO mode for up to 12 months on the Exness broker platform. This is a simulated account used to evaluate your skills and risk management.
Payouts During Demo: Throughout the entire 12-month period on the Exness demo account, you will receive payouts normally according to your payout structure. The demo status does not affect your eligibility to receive profits.
Production Evaluation: After 12 months of operation on the Exness demo account, your account will be evaluated for possible migration to a production account (PRD - real account). Migration is not guaranteed and depends on your performance, compliance with the rules, and our evaluation.
Yes, you can trade on multiple accounts simultaneously, including on the same asset, but without opening opposite positions (hedging) on the same asset between accounts. Violations in the funded stage may result in account suspension.
Partner Broker: All operations are conducted through our partner broker Exness. Echo Funding is not a broker and acts only as an evaluation and funding intermediary.
Exness Regulation: Exness operates through multiple regulated entities in Seychelles, Curaçao, and British Virgin Islands. Exness maintains compliance with the PCI DSS standard for data security. For detailed information about Exness regulation, please refer to the official Exness website.
Available Platforms: Through Exness, we offer support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can choose the platform you prefer. MT4 offers a familiar interface, while MT5 features advanced tools and better order execution.
Responsibilities: Exness is responsible for platform operation, order execution, and all broker-related services. Echo Funding is not responsible for execution quality, spreads, slippage, platform downtime, or any service provided by Exness.
The 40% Consistency Rule ensures that the trader's profit is distributed evenly, preventing a single lucky day from defining the account's success.
How it works: No single profitable day (positive PnL) can represent more than 40% of the total profit accumulated in the account. This rule is evaluated when you reach the profit target or request a withdrawal.
Example: If your total accumulated profit is $1,000, no individual day can have a profit exceeding $400. If a day exceeds this limit, your account will enter review and you will need to trade more days to dilute that profit and restore consistency.
Important: This rule aims to identify consistent traders and discourage high-risk behaviors or "bets" on isolated events.