FAQs
Get quick answers to your most common questions about FundedBits- from our evaluation process to profit withdrawals—all in one place
General Questions
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What is FundedBits?
FundedBits is a proprietary trading firm that provides capital to skilled traders, allowing them to trade forex, crypto, and other markets without risking personal funds.
How does the FundedBits funding process work?
Traders undergo a two-step evaluation process to qualify for a funded account. Upon passing, they can trade with the firm’s capital and keep a percentage of the profits.
What markets can I trade with FundedBits?
You can trade in forex, crypto, commodities, indices, and more through our advanced trading platforms.
How do I get started?
To get started, simply sign up on our platform, select an evaluation model, and begin trading to meet the required profit targets.
Evaluation & Funding Process
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What is the Evaluation phase?
The Evaluation phase is a challenge to assess your trading skills. Traders must meet a profit target within set rules to progress to a funded account.
Is there a minimum number of trading days?
No, you can complete the challenge at your own pace as long as you meet the profit target within the time limit.
What is the profit target?
The profit target varies by account type but typically ranges between 8-10%.
Can I reset my evaluation if I fail?
Yes, we offer an account reset option where you can restart the evaluation for a fee.
What happens if I breach the rules during evaluation?
A breach in any rule (e.g., exceeding maximum drawdown) will result in immediate disqualification from the evaluation phase.
Trading Rules
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What is the maximum daily drawdown allowed?
The maximum daily drawdown is 5%, which must be adhered to at all times.
Can I trade on news releases?
Yes, you are allowed to trade during high-impact news releases, but ensure you manage your risk appropriately.
Are there any restrictions on holding trades overnight or over the weekend?
No, FundedBits does not impose restrictions on holding trades overnight or over weekends.
What trading platforms do you support?
We support MetaTrader 4, MetaTrader 5, and TradingView, providing flexibility for all trading styles.
Profit Split & Withdrawals
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What profit split can I expect?
Traders keep 80-90% of the profits earned through trading. Profit splits depend on the account type and evaluation phase.
How do I withdraw my profits?
Profits can be withdrawn through bank transfers, PayPal, or crypto. Withdrawals are processed quickly and efficiently, typically within 1-2 business days.
Are there any withdrawal fees?
No, FundedBits does not charge any fees for withdrawals.
Costs & Fees
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What is the cost of the evaluation?
Evaluation fees depend on the account size selected, starting from $100 for smaller accounts.
Is the evaluation fee refundable?
No, the evaluation fee is non-refundable as it covers administrative and platform costs.
Account Options
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What account sizes are available?
FundedBits offers accounts ranging from $10,000 to $500,000, depending on your evaluation and funding model.
Can I trade my own personal funds alongside FundedBits capital?
Yes, but this must be done through a separate trading account, not through the FundedBits platform.
Partnership & Referral Programs
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Does FundedBits offer an affiliate program?
Yes, we offer an affiliate program with lucrative commissions and lifetime recurring revenue for referred traders.
How can I join the FundedBits affiliate program?
To join, visit our affiliate program page and follow the registration process. You’ll be provided with marketing materials and a unique referral link.
Common Trading Questions
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Can I use expert advisors (EAs) or bots?
Yes, we allow the use of EAs and other automated trading systems, provided they comply with our risk management rules.
Can I trade from multiple devices?
Yes, our platforms allow you to trade from multiple devices including desktops, tablets, and smartphones.
Support & Help
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What support channels are available?
You can reach us via live chat, email, and phone support. Our team is available 24/7 to assist with any queries.
Does FundedBits offer educational resources?
Yes, we provide traders with webinars, tutorials, and market analysis to help improve their trading performance.
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