Trading Rules
Daily Loss Limit
The Daily Loss Limit is a specified amount that you, as the trader, can lose in a day, either on your total asset amount or on a single trade. This trading rule allows you to take responsibility for your trades, teaching you to understand the risks and to trade strategically and disciplined while understanding and closely following the money management rules.
Wildfunded sets daily loss limits based on the size of the trading account to ensure realistic risk management for individual traders.
Drawdown Calculation
Drawdown is a term used in finance to describe the decrease in the return curve from the highest to the lowest point. It represents the worst series of losses and helps traders understand how much they can afford to lose and which strategies to use to reach their trading goals.
In trading, drawdown is a term used to determine the maximum amount a trader can lose. It also allows us to understand the techniques utilized by each trader, the fluctuations in their account, and how they aim to achieve their end goal.
End of Day Drawdown (EOD):
“EOD Trailing Drawdown” is a term used in trading to describe a method of measuring drawdown, which refers to the peak-to-trough decline in the value of a trading account or investment portfolio.
If you start the day with $50,000, your EOD will only increase if you finish the day above that level. At the end of the day, your account's minimum balance will increase. Otherwise, the minimum balance will remain unchanged.
During the evaluation phase of your trading career, your permitted Drawdown will trail with your account balance, but it will only be calculated when your account balance reaches a new peak at the end of each trading day.
This calculation considers only the profits that you have realized until that point while disregarding any unrealized profits that you may have been targeting throughout the day.
However, your account will be disqualified if the balance reaches or falls below the drawdown limit.
Copy Trading
You can now easily copy trades across your Evaluation and Wild Funded Accounts. There is a maximum of 3 Funded and/or Direct Accounts in total per user. With this, you can quickly and effortlessly replicate your best strategies between your active accounts, helping you maximize consistency and efficiency in your trading.
Additionally, no trader may use the same device (tablet, mobile phone, or computer) used by another trader. Failure to comply with this rule may result in permanent restrictions on the use of our services.
Times to Trade - Overnight Positions
Trades can be placed starting at 6:00 PM ET (New York Time) at the Globex Open and can be held through until the 4:15 PM ET (New York Time) NY session close.
At WildFunded, positions will be closed for you during regular trading days at 4:15 PM ET (New York Time), so you need not worry about breaching the rule.
Make sure that you don’t force a trade multiple times on the market after 4:15 PM ET (New York Time), as this may sometimes cause the order to go through and disqualify your trading account.
Can I trade the Globex Opening at 06:00pm EST?
Yes, you can trade between the specified times. However, please note that even if you are at the sim funded or sim evaluation stages, we do not recommend trading when the markets are said to be illiquid. This can cause issues with the position.
Illiquid hours are allowed to trade, but at the traders own discretion. This is also applicable for holiday trading hours as well.
During holiday trading hours, auto-liquidation will not occur at the half-time market close, and the trader is responsible for closing the positions.
Please note the times that you’re allowed to trade.
Failure to close the positions before the market closes will result in breaching the account.
Assets and Commissions
| Producto | Símbolo | Comisión RT |
|---|---|---|
| E-mini S&P 500 | ES | $3.78 |
| Micro E-mini S&P 500 | MES | $1.22 |
| E-mini Nasdaq-100 | NQ | $3.78 |
| Micro E-mini Nasdaq-100 | MNQ | $1.22 |
| E-mini Russell 2000 | RTY | $3.78 |
| Micro E-mini Russell 2000 | M2K | $1.22 |
| E-mini Dow | YM | $3.78 |
| Micro E-mini Dow | MYM | $1.22 |
| Producto | Símbolo | Comisión RT |
|---|---|---|
| Bitcoin Futures | BTC | $7.50 |
| Micro Bitcoin | MBT | $2.25 |
| Ether Futures | ETH | $5.50 |
| Micro Ether | MET | $0.75 |
| Producto | Símbolo | Comisión RT |
|---|---|---|
| Crude Oil | CL | $4.02 |
| Micro Crude Oil | MCL | $1.52 |
| Natural Gas | NG | $4.22 |
| Micro Natural Gas | MNG | $1.72 |
| Producto | Símbolo | Comisión RT |
|---|---|---|
| Euro FX | 6E | $4.22 |
| Micro EUR/USD | M6E | $1.00 |
| Australian Dollar | 6A | $4.22 |
| Micro AUD/USD | M6A | $1.00 |
| British Pound | 6B | $4.22 |
| Micro GBP/USD | M6B | $1.00 |
| Japanese Yen | 6J | $4.22 |
| Canadian Dollar | 6C | $4.22 |
| Swiss Franc | 6S | $4.22 |
| Producto | Símbolo | Comisión RT |
|---|---|---|
| Gold | GC | $4.32 |
| Micro Gold | MGC | $1.92 |
| Silver | SI | $4.32 |
| Micro Silver | SIL | $2.00 |
| Copper | HG | $4.32 |
| Micro Copper | MHG | $1.92 |
| Producto | Símbolo | Comisión RT |
|---|---|---|
| 10-Year T-Note | ZN | $2.62 |
| 30-Year T-Bond | ZB | $2.76 |
| Producto | Símbolo | Comisión RT |
|---|---|---|
| Corn | ZC | $5.28 |
| Soybeans | ZS | $5.28 |
| Wheat | ZW | $5.28 |
Just like in real-market trading, these fees are subject to market conditions and may vary over time based on official exchange adjustments.
Real-Time Settlement Per Side: Commissions are applied instantly when opening and closing each position, automatically deducted from your platform balance.
Allowed Number of Contracts
The maximum number of contracts or position sizes you may trade at any time is predetermined for your account according to your chosen program. For example, if your maximum position size is 4, you can only trade up to 4 contracts in any of the available markets.
Please be aware of the contract limit on your chosen program to ensure that you do not exceed it, as doing so violates Wildfunded’s trading rules.
Our programs allow the following numbers of contracts to be traded at one time:
Contract Management and Partial Exits
Please note that if you trade using an ATM strategy, reaching the maximum number of contracts allowed may limit your ability to partially close your position. This is because the ATM may maintain orders associated with your open contracts, which are also part of the active position management.
For example, if your account allows a maximum of 6 contracts and you open a position with 6 contracts using an ATM, you will be able to close the entire position, but you may not be able to reduce it through partial exits while the ATM orders remain active.
If you want to manage your position using partial exits, you can trade without an ATM and use only a SELL/BUY order, always ensuring that you do not exceed the maximum number of contracts allowed for your account.
Consistency Rule
In the trading world, we value well-defined techniques and strategic trading to achieve constant results. However, sometimes it takes effort to avoid the temptation of playing big to win big. So, to help our community overcome this hurdle, we introduced the Maintain Consistency Rule.
Consistency is vital to successful trading. By adhering to your established methods, you can effectively gauge your capacity to generate profits and manage risks. We, as traders, know all too well the importance of having the patience, the restraint, and the skill to produce consistent gains.
Your most profitable trading day cannot represent more than 50% of your total profit.
Then you have to make at least 2 profit days that do not exceed 50% of the total profit. We reward traders who make calculated trading decisions, and this rule prevents some participants from looking for crazy profit days.
Our rule stipulates that your Highest Daily PnL can only account for up to 40% of your total profits for Funded Accounts, and up to 25% of your total profits for Direct Accounts.
You must set a daily profit goal and adhere to it religiously to comply with and qualify for our Payout Policy. Don’t worry, going over these percentages of profits per day will not deactivate your account. Instead, you will only need to maintain consistent earnings in the upcoming trading days to balance out your overall profit.
Through this, you can make your highest trading profit qualify within the required limits (40% for Funded and 25% for Direct).
Maintaining consistency can be done without trading daily. You can schedule your trades as often or as seldom as you’d like without sacrificing your valuable time.
Can I make an Account Reset?
Tired of resets that restart your account but don’t give you your time back?
With WildFunded Reset, you truly start over.
The Reset option is only available after you have failed an evaluation account (Breached). When you reset it, the account returns to its initial state: the balance and metrics are restored. In addition, you get the full maximum time to complete the evaluation again.
Please note that the Reset option is available exclusively for Pro and Wild Challenges. Direct and Funded accounts do not include this option.
How to reset:
- Go to your WildFunded Dashboard.
- Under Status, select Breached.
- You’ll see all the evaluation accounts you have failed.
- For each account eligible for a Reset, you’ll find the Reset button in the bottom-right corner.
- Select Reset to restart your evaluation.
Reset Fee:
You can see the rates on the main page when you go to select one of our programs.
Minimum Trading Days & Inactivity
To qualify for a Wild Funded Account, you have to reach the profit target that corresponds to the plan you have purchased while making sure to respect all the rules. You need a minimum 2 days of trading to complete the 50% consistency rule.
However, you can trade at your own pace within the evaluation period of your selected program, as long as all trading rules are respected. The basic rule you have to follow is not to exceed 50% of the target with 1 trade in a single day. Then you have to make at least 2 profit days that do not exceed 50% of the total profit.
Account Inactivity and Maintenance Policy
To keep your account active, you must make at least one trade every 15 calendar days. Not trading for 15 consecutive days is considered a reason for account disqualification. Please note that this inactivity rule now applies to all accounts.
During the evaluation phase, you can trade at your own pace within the evaluation period of your selected Challenge. However, keeping the account active by trading at least once every 15 days is mandatory. Please also note that this rule will remain active throughout this period.
What Instruments are Available?
During Wildfunded Programs, participants are permitted to trade Futures products only.
Trading stocks, options, spot Forex, spot cryptocurrencies, and CFDs is not permitted. Only futures contracts included in our list of available instruments may be traded. A non-professional trader will receive the following CME Group market data (Top of Book) free of charge:
CME, CBOT, NYMEX, COMEX.
|
Chicago Mercantile Exchange
CME
|
Futures, Futures Options and Spreads from CME for agricultural, energy, FX, stock indices and other products. |
|
Chicago Board of Trade
CBOT
|
Futures and Futures Options from CBOT for interest rates, agricultural and equity index products. |
|
New York Mercantile Exchange
NYMEX
|
Futures and Futures Options from NYMEX for metals, agricultural and energy products. |
|
Commodities Exchange
COMEX
|
Futures and Futures Options from COMEX for several global benchmarks in precious, base and ferrous metals. |
Price Limit Trading
At Wildfunded, safeguarding our traders against excessive volatility and unfavorable market environments is a top priority. To support this objective, we apply firm rules that prohibit trading whenever a product is within 2% of its CME price limit. This approach helps shield traders from severe market swings that could result in substantial losses or the possibility of holding positions while trading is paused due to limit conditions.
A price limit represents the maximum allowable price movement for a futures contract during a single trading session. When a market reaches this threshold, the response varies depending on the specific product. Trading may pause temporarily until limits are widened, remain locked at the limit, or cease for the remainder of the session in accordance with regulatory guidelines.
This restriction applies to ALL Wildfunded Accounts, not solely to Evaluation accounts.
How can I check the CME price limits for the contracts I trade?
Price limits are determined using the prior session’s settlement price. They differ based on the product, contract month, and time of day—for example, overnight limits are not the same as those in effect during regular trading hours.
Updated price limits are published daily at 5:05 PM EST following the close of each session and are available on the CME Price Limits Page (click here).
For equity index products such as ES, MES, NQ, MNQ, RTY, M2K, YM, and MYM, the overnight price limit is 7%.
One practical method to avoid trading within 2% of a limit is to monitor the % Net Change of the contract directly from your platform’s quote board.
For instance, if you are trading any of the products listed above—or another contract with a 7% upper or lower limit—you should discontinue trading once the contract shows a 5% net increase or decrease for the day. Any additional movement would place it within 2% of the applicable price limit.
How do I locate the % Net Change for my contract?
Most trading platforms allow you to view the daily “Net Change” as prices fluctuate. They also provide an option to display this value as a percentage, often labeled “% Net Change.” If this percentage column is not currently visible on your quote board or radar screen, you can typically add it to better track how close the instrument is to its limit.
In this picture we see that the reference price is 18,556.00 and the 7% limit up and down are said to be 19,846.75 and 17,265.25. So, for the 2% price limit rule calculation is done on these premises.
| Contracts |
Reference Price |
7% Price Limit (Overnight Hours) |
7% Price Limit Down Only |
13% Price Limit Down Only |
20% Price Limit Down Only |
|---|---|---|---|---|---|
| E-mini Nasdaq-100 Futures (NQU4) | 18,556.00 |
19,846.75 17,265.25 |
17,265.25 | 16,158.75 | 14,868.00 |
Why is this considered prohibited conduct at Wildfunded?
To safeguard both the firm and its traders, market participation is not permitted when a product is trading within 2% of its price limit. Entering trades under these circumstances increases the likelihood of orders being executed just before a trading halt, potentially leaving positions stuck during a limit pause. This rule applies to all Wildfunded accounts without exception.
Additionally, anyone speculating in financial markets should possess a thorough understanding of the instruments they trade. Being familiar with contract specifications, margin requirements, and applicable price limits is essential.
For comprehensive details about specific products, visit the CME Group website and select the relevant contract from the homepage to access full specifications.