FAQ's & Rules

General Rules

General rules

12 articles

News Trading

2-Step Challenge

News trading is permitted but with some conditions. Please note that

• you are not allowed to trade 5 minutes before and after the red folder news.

• Profits from trading within the 10-minute window will be subtracted in high impact news event trading.

For Example:

Red folder news time is 6:00pm. You can't open trade from 5:55pm to 6:00pm and also, you can't open trade from 6:00pm to 6:05pm.

Profits from news trading will not be counted.

In 3 step challenge, News is allowed.

Hold Trade

You can hold trades over the weekend. However, swaps will not be charged for overnight positions.

Lots Size Limit

The maximum number of allowed lots is as follows:

a) $5K ----- 1 lot

b) $10K ----- 2 lots

c) $15K ----- 3 lots
d) $20K -----4 lots

e) $25K ----- 5 lots

f) $50K ----- 10 lots

g) $100K ----- 20 lots

The total lot size across all of your positions should not be greater than the maximum lot size permitted for that account size if you execute several trades on the same pair at the same time that run concurrently.

Our system will automatically detect and close any position that exceeds the max lot size limit if you do not follow the max lot size on a trade or position. You will also receive a warning email in addition to this. As this is merely a mild violation policy, you can carry on trading on your account. You might have to forfeit the gains before moving on to the next stage of the funding program.

You can only commit two mild breaches; the third is regarded as a Hard Breach. Note that requirements for margin and leverage still stand. Since these are the maximum lots that can be traded, depending on the particular trade, you might not be able to trade up to the maximum due to the account's leverage.

Copy Trading

Grow more funded allows copy trading with certain restrictions.

Allowed:

You can transfer trades to and from a Grow More Funded account using your personal account or the account of another company, but we might need documentation proving who owns the account (Account number, Password for investors, server).

Grow More Funded enables traders to participate in copy trading across different accounts, whether it's another GMF account, a prop firm account, or a retail broker account, as long as all accounts are owned by the same individual.

Copy trading is permitted between Grow More Funded accounts.

Prohibited:

Copy Trading services and Third-party account management are prohibited.

For Example: Latency trading, using the original feed and signals from Arbitrage type trading.

Minimum Trade Duration (One Minute Rule)

All the traders should know about ONE MINUTE rule. A Grow more trader is not allowed to close his open position in one minute time window.

For Example: You open a trade on XAUUSD, now you can't close your trade in one minute, if someone closed their trade in one minute time window.

✓ The profit of that trade will not be countable

✓ The loss of that trade will be countable

Expert Advisor (EAs)

EAs are permitted as long as they abide by our rules against trading. EAs for Gold Arbitrage and High-Frequency Trading (HFT) are prohibited.

What is Reverse Trading?

Reverse trading is a prohibited trading strategy in financial markets. Traders typically use this strategy for short-term trades in the opposite direction on the same trading pair.

It is not allowed across multiple accounts or even within the same account.

Example:

At 10:00 AM, you open a buy position on XAU/USD.

At 10:03 AM, you close the buy position with a profit/loss.

At 10:03:50 AM, you open a sell position on XAU/USD — which is within 1 minute of closing the buy trade.

This is considered reverse trading, as the new position was opened within 1 minute of the previous opposite trade being closed. As a result, the profit from the sell trade will be deducted, and you’ll receive a warning email.

Note: This will be counted as a soft breach, and only the profit from the violating trade will be deducted.

Stop Loss

The Stop-Loss Rule will now only apply during the Funded Stage of your trading journey. During the Evaluation Phase, traders will no longer be required to use a stop-loss on every trade, giving you more flexibility to demonstrate your strategy and trading style. However, once you progress to the Funded Stage, the Stop-Loss Rule will be reinstated to promote disciplined risk management and long-term consistency. This approach is designed to support trader development while maintaining responsible risk controls at the funded level.

Prohibited Activities and Actions

In order to avoid trading the Funded Account in tandem or cooperation with other active traders on the same account, the Funded Trader must act independently.

The Funded Trader is the only person who may use the account on one or more Funded Accounts, the Funded Trader is not permitted to use the name of another individual.

The Funded Trader is prohibited from using copy/social trading service providers to duplicate trades and orders. But the funded Trader has the ability to duplicate their existing personal accounts into a Grow More Funded Account.

Other than using their own name, the Funded Trader is not permitted to open accounts in the names, entities, or styles of others. You may simultaneously have up to two Funded Accounts as a Grow More Funded Trader, and you may occasionally combine two Funded Accounts into one.

Following the merger of the two accounts, they will be handled as a single account.

Risk Limit Per Trade

To safeguard both the capital of the account and your own as the trader, you may risk no more than 3% of your account balance per trade. This limit represents 60% of your Daily Drawdown cap. It's important to note that the 3% risk limit applies to each individual trade, and you must ensure that the total risk across all open trades at any given time does not exceed this threshold. Effective risk management is crucial, so be sure to actively control and monitor your risk exposure to avoid breaching this limit. Please note that Risk Limit Per Trade Rule is applicable only in Funded Phase.

For Example: If you have 100k account you can only risk 3% of your capital.

Capital: 100000 USD

Risk per Trade: 3000 USD

Capital: 50000 USD

Risk per Trade: 1500 USD

Leverage

Maximum leverage on our accounts is as follows:

• 1:80 FOREX

• 1:20 COMMODITIES

• 1:20 INDICES

• 1:2 CRYPTO

Hedging

Hedging is prohibited both within and across accounts held by the same or separate traders. Opening two opposing positions on the same asset, regardless of lot size, is the process of hedging. It's also forbidden to stack, which is when a trader keeps taking positions without doing a thorough investigation in one direction. Strategies that involve martingale are absolutely prohibited as they are regarded as a type of stacking. You may open up to three positions simultaneously from one price point. You can open more positions after the price moves away from your entry.

Disclaimer: Next Phase Funded provides professional talent evaluation services intended strictly for educational and developmental purposes. The results of these evaluations may not fully reflect an individual's overall trading skill or their ability to consistently meet the objectives and rules of our programs in a live market environment. Before participating in any of our funding challenges or programs, we strongly encourage clients to thoroughly review the terms and conditions and make decisions based on their own independent judgment.

Trading financial instruments involves a high degree of risk and may not be suitable for all individuals. Instruments such as forex, options, and futures can experience extreme price volatility, with potential losses exceeding the initial investment. External factors—including global events, seasonal trends, geopolitical shifts, pandemics, and other market-impacting occurrences—can significantly affect trading outcomes, and many of these factors are already priced into the market.

Due to the use of leverage, even small price movements can lead to substantial gains or losses. Next Phase Funded does not offer investment advice or trading recommendations. All decisions are the sole responsibility of the participant. Losses can occur in both live and simulated environments, and past performance is not a guarantee of future results.

All content on this website is provided for general informational purposes only and is not intended to violate any local laws or regulatory requirements. It is your responsibility to ensure our services are permitted in your jurisdiction before use.

Please be aware that every account we offer to our customers is a demo account that is used in a virtual trading environment.