Trading Rules

1. Overview and Scope

These Trading Rules describe how trading works on Funded with Flow ("the Platform", "we", "us"), a simulated, evaluation-based proprietary-trading practice platform operated by Funded with Flow L.L.C. All trading occurs in a simulated environment using simulated capital.

These Rules apply across all account types and are designed to support multiple plans with different parameters. Specific numeric values (such as profit targets, loss limits, drawdown amounts, and contract limits) are configured per plan and may change over time.

2. Your Plan-Specific Rules Always Control

IMPORTANT: The exact rules differ by plan. You must always follow the specific rules shown in your own account.

The parameters displayed within your individual account — including your profit target, daily loss limit, maximum drawdown type and amount, contract and position-size limits, minimum trading days, consistency requirements, and any scaling terms — are the authoritative rules for your account. Where this document and your in-account parameters differ, the parameters and rules shown in your account govern. It is your responsibility to review and understand your plan rules before and during trading.

3. Account Types and Phases

The Platform offers the following account types and phases:

• Paper accounts — free accounts funded with simulated capital, for practice, education, and platform testing.
• Evaluation accounts — paid challenges in which you attempt to meet defined objectives without breaching any rule.
• Funded accounts — accounts that, after a successful evaluation and review, trade in a simulated environment under platform-defined profit-sharing and payout-eligibility terms.

Accounts carry a status such as active, warning, passed, failed, or disabled. Funded status does not grant ownership of or any claim to platform capital.

4. Profit Target and Passing Requirements

To pass an evaluation, an account must generally:

• Reach the profit target defined for the plan;
• Satisfy the consistency rule (see below);
• Meet the minimum trading days requirement (see below); and
• Breach no rule (including the daily loss limit and maximum drawdown) during the evaluation.

Meeting the profit target alone is not sufficient; all applicable requirements must be satisfied. The exact profit target is plan-specific and shown in your account.

5. Daily Loss Limit and Maximum Drawdown

Plans enforce risk limits that, if breached, end the account (fail and/or liquidate open positions):

• Daily loss limit — the maximum loss permitted in a single trading day. Breaching it ends the account.
• Maximum drawdown — the maximum permitted decline in account value. Depending on the plan, drawdown may be:
• Trailing (follows account equity or balance highs),
• Static (fixed from the starting balance), or
• End-of-day (evaluated against end-of-day balances).

Breaching the maximum drawdown ends the account. The precise type, calculation method, and amounts are plan-specific and shown in your account.

6. No-Drawdown Plans (Exposure / Margin Cap)

Some plans are offered as "no-drawdown" plans. Instead of a trailing drawdown, these plans use an exposure or margin cap that limits the size of positions or total exposure you may hold at one time.

On a no-drawdown plan:

• There is no trailing drawdown threshold that ends the account on equity decline; instead, you must remain within the configured exposure/margin cap.
• Exceeding the exposure or margin cap may result in restrictions, blocked orders, or account consequences as defined for the plan.

The applicable exposure or margin limits are plan-specific and shown in your account.

7. Contract and Position-Size Limits

Each plan defines maximum contracts and position-sizing limits. You must remain within these limits at all times. Orders that would exceed the configured limits may be blocked, reduced, or rejected, and exceeding limits may constitute a rule breach.

Position-size discipline is part of the evaluation; consistently exceeding or attempting to circumvent sizing limits may result in account consequences. The exact limits are plan-specific and shown in your account.

8. Instrument Coverage and Market Sessions

The Platform simulates trading in:

• Futures (such as ES, NQ, MES, MNQ, and GC);
• Equities / stocks; and
• Options, including single-leg and multi-leg strategies.

Trading is available during the market sessions and hours supported for the relevant instrument. Market data is sourced from a third-party provider and may be delayed, inaccurate, or interrupted. Some instruments, sessions, or order types may be unavailable, restricted, or subject to additional rules on certain plans.

9. Prohibited Strategies and Market Manipulation

The following are prohibited and may result in warnings, failure, liquidation, account closure, forfeiture of eligibility, or other consequences:

• Strategies that exploit simulation artifacts, latency, pricing gaps, or data errors rather than legitimate market practice;
• Conduct resembling market manipulation, including spoofing, layering, or wash-style activity;
• Coordinated trading across accounts to hedge or guarantee outcomes;
• Use of unauthorized tools, exploits, or attempts to circumvent risk limits or plan rules; and
• Any activity intended to game the evaluation rather than demonstrate genuine trading skill.

We may, in our discretion, review and disqualify trades or accounts that rely on prohibited conduct.

10. Copy, Automated, and AI Trading

Where permitted by your plan, you may use automated, algorithmic, copy, or AI-assisted trading, subject to these conditions:

• All automation is used entirely at your own risk. Automated systems can malfunction and generate unintended, duplicate, or excessive orders and rapid losses.
• Connected AI agents default to read-only; trade-execution permission must be deliberately enabled and is subject to multiple safeguards.
• You must test automation in paper mode first and understand the difference between read-only and trade-execution access.
• Automation must not be used to engage in prohibited conduct, coordinate across accounts, or circumvent plan rules.

You remain fully responsible for all orders generated by any tool or system you connect.

11. Risk-Management Expectations

You are expected to apply sound risk management at all times, including respecting your daily loss limit, drawdown, and position-size constraints, and reviewing every order before submission. The Platform may provide tools, indicators, or AI features, but these are aids only and may be inaccurate, delayed, or incomplete.

Failure to manage risk responsibly may result in account failure or liquidation. You are solely responsible for your decisions.

12. Consistency Rule and Minimum Trading Days

Most plans include a consistency rule and a minimum trading days requirement:

• Minimum trading days — you must trade on at least a defined number of qualifying trading days during the evaluation.
• Consistency rule — you must trade across a minimum number of qualifying days, and no single day may account for more than approximately forty percent (40%) of your total profit. Concentrating profit in a single day may prevent you from passing, even if you reach the profit target.

The exact number of days and the precise consistency thresholds are plan-specific and shown in your account.

13. Scaling (Where Offered)

Some funded plans may offer scaling, allowing increases to limits or allocation over time based on performance and compliance. Where offered, scaling is applied at the Platform's discretion and is subject to continued rule compliance and review. Scaling is not guaranteed and may be modified or withdrawn. The applicable scaling terms, if any, are plan-specific and shown in your account.

14. Payout Eligibility

Payout eligibility on funded accounts is governed by our Payout Policy and depends on full compliance with these Trading Rules, your plan-specific parameters, account status, identity and compliance verification, and fraud review. Passing an evaluation does not by itself guarantee any payout. See the Payout Policy for details.

15. Rule-Breach Consequences

Depending on the nature and severity of a breach, consequences may include:

• A warning status and required corrective action;
• Failure of the evaluation or account;
• Liquidation of open positions;
• Closure or disabling of the account; and/or
• Forfeiture of payout eligibility and, in cases of fraud or abuse, additional measures.

Breaching the daily loss limit or maximum drawdown ends (fails or liquidates) the account.

16. Account Review and Dispute Process

We may review any account, trade, or evaluation result for compliance and integrity, and may suspend activity pending review. If you believe a determination was made in error, you may contact us to request a review.

To raise a question or dispute, contact [email protected]. We will review submissions in good faith, but final determinations regarding rule compliance, account status, and eligibility are made at the Platform's discretion consistent with these Rules and your plan parameters.