Funded trading accounts with scaling up to USD 4 million

1.1. Programme philosophy

• Vex Average X12 removes almost all traditional restrictions, allowing traders to trade freely in their own style.

1.2. Trading freedoms

• Maximum loss of 10%, whether in a single day or in total (dynamic: measured against the highest equity reached).
• No consistency rule.
• No 5/2-minute rules.
• No IP restrictions.
• Weekend and news trading.
• Copy signals allowed from external providers (not between your own accounts).
• Hedging, martingale, grid or other methodologies allowed.
• EAs allowed, except HFT or latency.

1.3. Grounds for disqualification (only 3)

• Exceeding the 10% dynamic drawdown.
• Using malicious or disallowed systems or practices.
• Delegating the account, copying signals between your own accounts or using copy systems between accounts.

1.4. Limits and conditions

• Profit cap per withdrawal: 10% of the balance.
• Total programme profit cap: 100%.
• Leverage: 1:33.

1.5. Prohibited trading types

• Latency arbitrage.
• News volatility abuse with guaranteed orders.
• Use of delayed data to obtain risk-free profit.
• Tick systems, HFT or "tick scalping".
• Arbitrage systems such as WP7 or similar.
• Execution on synthetic indices with tick-type stops or SL unaffected by spikes or gaps (exploiting latency or anomalous execution).

1.6. Withdrawals

• Weekly withdrawals.
• Requirement: 3 trading days per period.
• Profit split per period: 1st 80% · 2nd 90% · 3rd 100% of the profit.

2.1. Prohibited styles (apply to all programmes)

• Grid Trading.
• Martingale (manual or via EA).
• Latency arbitrage.
• Hedging orders across multiple accounts.
• News volatility abuse with guaranteed limit orders.
• Use of delayed data.
• Trade copying between multiple users.
• Managing third-party accounts.
• Tick systems.
• HFT (High-Frequency Trading).
• Using these strategies may lead to permanent suspension of the account.

2.2. KYC verification

• All traders must complete KYC after passing the evaluation phase. Once approved, the funded account is activated and the trader is eligible for payouts according to the established periods.

2.3. Rules by programme type

• INSTANT: each trade must remain open for at least 5 minutes; within the consistency range (one or several trades cannot exceed 30% of the total profit); no delegating or copying trades; meet the minimum days.
• Vex2Pro and Vex Elite: do not delegate the account or use copy trading between accounts; meet the minimum trading days.

2.4. How an account is lost automatically

• Vex Instant and Elite (dynamic drawdown): 3% daily DD (based on the highest equity of the day); 6% total DD (based on the all-time highest equity).
• Vex2Pro (dynamic drawdown): 5% daily DD and 10% total DD (measured against the highest equity reached, not the initial balance).
• Inactivity: not trading for 30 consecutive days.
• Rule violations detected during a withdrawal review.

2.5. How drawdown works

• Every programme uses dynamic (trailing) drawdown: the loss limit is measured against the highest equity (high-water mark) the account has reached, not the initial balance. The daily DD resets every day at 00:00 on the highest equity of the day.
• E.g. a $100,000 account that rises to $110,000 recalculates the total DD from $110,000 (not from the initial $100,000); as the account grows, the limit trails up with it.

3.1. Scaling

• Upon reaching the profit target (10%): you receive the corresponding profit and your funded account doubles.
• It is possible to scale up to a maximum of $4,000,000.

3.2. Risk and limits

• Profit target: 10% per stage.
• Maximum daily loss: 3%. Maximum total loss: 6%. Both limits are dynamic: measured against the highest equity reached (high-water mark), not the initial balance.
• If either of these limits is reached, the account is permanently terminated.

3.3. Trading conditions

• Positions held over the weekend are allowed.
• News trading allowed, except "bracket"-type strategies or others restricted in the T&C.
• Instruments: Forex, Metals, Indices, Cryptocurrencies and Synthetic Indices. Platform: MetaTrader 5. Maximum leverage: 1:33.
• No minimum days or trades: you pass the stage upon reaching 10%.

3.4. Withdrawals (payouts)

• First withdrawal 14 days after the first trade; thereafter, every 14 days.
• You must achieve at least 10% profit to request a withdrawal in each cycle.
• The 14-day cycle restarts each time your account scales to a new level.

3.5. Key rules triggering review or deductions

• A) 5-minute rule: each trade must remain open for at least 5 minutes.
• B) 30% rule: if a trade generates more than 30% of the total profit, the excess is deducted; afterwards a new period may be started.
• C) Prohibited strategies / copying / templates (WP7 or similar): withdrawal rejected with no option for a new period; may lead to permanent suspension.

3.6. Withdrawal review outcomes

• 30% rule + 5-minute rule: up to 3 non-compliant trades may be deducted.
• 3 violations: withdrawal denied, but a new period with the initial balance is allowed.
• 4 or more violations: withdrawal denied and no new period.

4.1. Evaluation phases

• Phase 1: 8% net profit on the initial capital.
• Phase 2: 5% net profit on the capital assigned to this phase.

4.2. Risk limits

• Maximum daily loss: 5%. Maximum total loss: 10%. Both limits are dynamic: measured against the highest equity reached (high-water mark), not the initial balance.
• If the balance reaches either of these limits, the account is permanently terminated.

4.3. General conditions

• Indefinite time period to pass the challenge; minimum 4 trading days per phase.
• No trading 5 minutes before or after high-impact news. No weekend trading.
• Maximum leverage: 1:33.

4.4. Trading restrictions

• No HFT or similar systems. No copy trading.
• Minimum time between open and close: 2 minutes.
• No hedging between accounts, grid or martingale.

4.5. Withdrawals and refunds

• First withdrawal 30 days after the first trade. Minimum profit for withdrawal: 1%.
• Refund: if the profit exceeds the amount paid for the challenge, the challenge fee is returned + profits in the 3rd period.
• 3 violations: withdrawal denied, with a new period (initial balance). 4 or more: denied and no new period.

4.6. Payout splits (every 30 days)

• 1st period 80% · 2nd 85% · 3rd 90% · 4th 95% of the profit.

5.1. Trading rules

• Lot size consistency rule.
• No opening new trades after requesting a withdrawal.
• Minimum days for the first withdrawal: 30 trading days.
• 5-minute rule per trade.
• Trades generating more than 30% of the total profit may be subject to deductions.
• Disallowed strategies or trade copying: permanent suspension.

5.2. Consistency rule

• Average lot size = total lot volume / number of closed orders.
• Range: lower limit = average × 0.25; upper = average × 2.00.
• Trades outside the range may be considered inconsistent (review/deduction). Partial orders are treated as separate orders.

5.3. Withdrawals

• First withdrawal 30 days after the first trade; minimum 1% profit.
• Splits (every 30 days): 1st 70% · 2nd 75% · 3rd 80% · 4th 90% · 5th 95%.

• Vex Instant: up to $200,000 (sum of active accounts).
• Vex2Pro: up to $200,000.
• Vex Elite: up to $4,000,000.

• Forex assets: $6 per lot.

• The amount paid for the programme is refunded with the first withdrawal you make from your account.
• If you do not make that first withdrawal, the refund does not apply.
• No refund applies for Vex Instant or Vex Average X12.

• Go to "My Programs" and click "Withdraw".
• Processed within 72 hours (business days; approval time).
• If you meet the requirements, the amount is deposited into your internal balance.
• Current method: USDT, minimum $30. Payments are reviewed and sent within 1–3 business days.

• 30 days completed since your first trade.
• Minimum trading days completed.
• Risk limits respected (daily and total loss).
• Compliance with all programme rules.
• If approved, profits are credited in USD and you may start a new period.

• Trading is not allowed after the withdrawal request.
• Any trade opened afterwards will cause the automatic rejection of the withdrawal.
• If rejected for this reason, a new period may be started.

• A) 5-minute rule.
• B) 30% profit concentration rule (the excess is deducted; then a new period).
• C) Prohibited strategies / copying / WP7-type software: withdrawal rejected with no new period; possible permanent suspension.

• Applies at the funded-account stage.
• Average lot = total lots traded ÷ number of closed orders.
• Lower limit = average × 0.25; upper = × 2.00.
• E.g. an average of 20 lots → range of 5 to 40 lots.
• Uses all orders closed up to the request; partials count as independent orders.

• Consistency rule + 5-minute rule: up to 3 deductible trades.
• 3 violations: withdrawal denied, with a new period (initial balance).
• 4 or more: denied and no new period.

• At least 30 days since your first trade, and at least 5 trading days.
• If not met, the withdrawal is automatically rejected, with the option of a new period (initial balance).

• First withdrawal 30 days after the first trade.
• Minimum 1% profit to request a withdrawal.
• All gifted or promotional accounts have a maximum profit cap of 5%.

• Funded accounts at Vex Funded do not receive real capital in the MT5 environment.
• There is direct connectivity with our LP Exura Prime to simulate real market conditions.
• Accounts run in a simulated environment, but with realistic market data and conditions.
• Traders act as "trading data analysts", whose results can be monetised.
• The trader receives performance commissions (between 50% and 100%, depending on the value of their data and the frequency of their payouts).
• In short: a simulated trading account with real conditions, on which commissions are paid based on the trader’s performance.