Frequently Asked Questions​

Welcome to our FAQ section! We’re here to provide clear answers to your most common questions, whether you’re just getting to know us, considering our services, or already a valued client. Discover the benefits, opportunities, and possibilities we have in store for you. Dive in and explore – your answers are just a click away!

General Information

1. What is BullFT?

BullFT is a prop trading company helping all aspiring traders test their skills and as a result trade
real capital on the funded account. We provide recourse to traders to help them gain profit on the
market.

2. What is prop trading?

Prop trading (short for Proprietary Trading) is a collaboration model between a trader and a prop
trading firm. After signing up fee, the firm provides company capital and technology that allows the
trader to trade in the markets in exchange for a share of the profits.

3. How can I contact you?

Although we are based in Dubai, we operate actively, and offer services in many countries.

You may reach us through, email, or by phone. Our contact details are available in the contact section.
Don’t hesitate to get in touch with us!

4. Which countries are you available
in?

We are currently active in many countries such as the Czech Republic, Slovakia, Hungary, Belgium,
Netherlands, Luxembourg, France, and Spain. Our operations are expanding, and we will soon offer
services in up to 15 languages.

Joining BullFT / Getting Started

5. I want to join the platform. How do I get
started?

Once you decide to join our platform and test your skills, the first step is to fill in our registration
form. After signing up, when you feel ready for our evaluation phase, you may start trading on our DEMO
account according to set rules.

Our Evaluation Process is specifically designed to thoroughly assess your trading skills before granting
access to a funded account.

6. Who is eligible to join BullFT?

We are happy to provide our services to all customers, who are over 18. In compliance with evolving
legal and regulatory standards individuals with criminal records related to financial crime or
terrorism, and those previously banned due to a breach of contract. BullFT also does not accept clients
who are legal entities such as company trusts.

7. Why should I join BullFT?

Trading might be challenging and usually comes with a few obstacles such as undercapitalization, fear of
losing money, constant pressure or lack of support. With a minimal initial fee and good skills, you can
access up to $500,000 in capital and trade without risking your own funds.

Once you become BullFT Trader You can choose to compound your account or withdraw your profits even
every day.

Lastly, the initial payment you made for DEMO account, will be refunded with your first profit
distribution from the BullFT Account.

8. How do I become a BullFT trader?

To qualify as a BullFT Trader, you must successfully complete our Evaluation Process. Firstly, You’ll
trade on a demo account with fictitious capital in compliance with our trading rules in simulated real
market conditions. Passing this stage leads to the next one when your trading performance and
consistency will be verified under simpler rules.

Once your verification is completed and successful you may become a BullFT Trader pending our review of
your trading results. Finalizing your BullFT Account contract requires submitting identification
documents (passport, national ID) and completing our KYC process as per internal policies.

*BullFT does not offer services to individuals from specified countries, those on sanction lists,
individuals with financial crime or terrorism records, minors under 18, company trusts, or those
previously banned for breaching BullFT contracts. Should any of these conditions be identified after
the BullFT Account Agreement, BullFT reserves the right to terminate the contract.

Please note: BullFT does not grant Funded Accounts to clients based on past track records.

9. How long does it take to become a BullFT
trader

There’s no maximum time limit for completing our Evaluation Process, so you can take as long as
necessary.

Once you fulfill our Trading Objectives and your trades are assessed, you can advance to the next stage
promptly.

Account Details

10. How many accounts can I have?

There are no restrictions regarding the number of DEMO accounts you may have. Nonetheless, once you
become a BullFT Trader due to risk mitigation & diversification measures the limits are placed on
capital allocation, and it is maximum of $500,000 per trader or per strategy at any time.

Please note creating multiple accounts through multiple registrations is not permitted.

If we find that identical trading strategies are being used across multiple accounts, resulting in
active BullFT Accounts exceeding a total of $500,000, we reserve the right to suspend those accounts as
stated in the terms and conditions.

11. What are the account
specifications?

You can find account specifications directly in the trading platform.

Please ensure you are familiar with the offer/ terms and conditions for each instrument you trade.

We offer leverage up to 1:30 for Forex, which can be increased but can be doubled upon request or is set
at a specific level according to account type.

12. What capital will I trade with on a
funded account?

Your funded account will mirror the balance used in your DEMO account. For instance, if you traded with
$500,000 in demo mode, your BullFT Account will also have $500,000.

Upon becoming an BullFT Trader, you receive login credentials. Clients can retain up to 90% of profits
from their funded account.

To increase your account balance, apply for another DEMO account. Each demo requires trading from
scratch, even if you’ve passed one before. Traders can manage up to $500,000 across BullFT Accounts,
distributed as either two accounts with $250k each or five with $100k each, etc. Avoid multiple accounts
through different registrations to prevent account suspension under our terms.

13. Can I register multiple accounts under
different names?

No, it is not allowed. The BullFT trader contract will be required in your name. For legal compliance,
we are unable to process payments if the name on your accounts, contract, and identity documents do not
match.

14. Who acts as the counterparty to my
trades?

To manage risk and reduce transaction costs efficiently, we may offset market risk and directly execute
certain trades in your account. These trades are executed at prices directly provided by the Broker.
This type of approach ensures that you receive real market execution while enabling us to dynamically
manage risk by routing positions or orders to third parties as needed. We strongly believe this strategy
enhances execution quality and cost-efficiency compared to simulated accounts. Regardless of whether we
act as the counterparty, the calculation of gains or losses in your Funded Account remains consistent.
However, when we act as the counterparty, there is a potential conflict of interest because our profits
or losses are not directly tied to yours, as they would be if we were not the direct counterparty.

15. Are there any position limits?

We retain the discretion to restrict the number of open positions you can initiate or hold in the
account at any given time. Additionally, we may adjust drawdown thresholds at which trading in the
account will cease based on prevailing market conditions. BullFT or the Broker also maintains the right
to decline any order.

16. Can someone else trade my account for
me?

According to our Terms and Conditions, traders must be the sole users of their accounts. Sharing account
login details with other traders is prohibited. Account management services and copy trading are
strictly forbidden. Any detected violations will be considered a breach and lead to a ban from our
platform.

17. I want to modify my current account, is
it possible?

When choosing your account type, you decide which platform you want to trade on. If you want to change
this setting, please contact us.

Evaluation Process

18. I paid for my DEMO account. When will I
get access?

We begin processing your DEMO account immediately upon receiving payment. Typically, it takes us just a
few minutes to set up a DEMO account, although in rare cases, it may take up to 24 hours. Once your DEMO
account is ready, you will receive an email notification with the login and password. Be sure to check
your spam folders to not miss our email. The login details for the trading platform will be accessible
directly in your Client Area.

Be aware to protect your login credentials and ensure they are not shared with anyone else.

19. Can I take more than one evaluation at
the same time?

Yes, traders can take more than one Evaluations at the same time. Although multiple evaluations are
allowed, please note that trade copiers are not permitted between Evaluation accounts. Each trader must
pass their Evaluations independently.

For instance, if a trader purchases three DEMO Accounts, they are allowed to trade each one separately.
However, they cannot use a trade copier to replicate trades across all three accounts.

20. I have successfully passed the DEMO
evaluation, what’s next?

Once you successfully complete all required Trading Objectives using a DEMO account, you will receive a
notification in your account confirming your success. Further trading on the account is unnecessary as
at that point, your objectives are marked as passed. We will be automatically notified of your
achievement and proceed to evaluate your trading results accordingly.

Within 1-2 working days, you will receive new account login credentials for the next stage.

21. What constitutes an abuse of demo
trading conditions?

In general, this refers to any trading activity that attempts to exploit the demo trading environment
for an unrealistic advantage or “edge.” This includes, but is not limited to, arbitrage strategies.

22. How do I demonstrate good risk
management?

While achieving a profit target seems to be an obvious criterion for assessing a trader, a good risk
management is also important. Therefore, our risk management team analyses that aspect in DEMO accounts
that reach the profit target during the evaluation process before granting a funded account to the
trader.

Achieving the profit target on a DEMO account through a limited number of high-leverage trades does not
suffice to demonstrate satisfactory risk management.

A trade is not limited to a single execution but may involve multiple entries or similar positions held
concurrently in the same market.

Every passed evaluation account undergoes thorough review, including identifying red flags indicating
unacceptable trading practices like arbitrage. Such behaviors may result in immediate account suspension
and denial of further accounts, consistent with global industry standards.

While automated trading systems (EAs) are accepted, it is essential that EAs do not engage in prohibited
trading methods. Use of such methods may lead to account bans without refunds or withdrawals. Approval
of EAs is mandatory to obtain a funded account.

Most participants adhere to our platform’s guidelines, and this notice is intended to maintain fair
trading conditions. For any inquiries, please contact us at [email protected]

23. How is the daily loss rule
calculated?

The current daily loss equals closed trade results plus open position outcomes. To illustrate this,
let’s use an example: in a DEMO account with a starting balance of $100,000, the Max Daily Loss limit is
set at $5,000. If your closed trades result in a $4,000 loss, your account must not decrease by more
than $1,000 on that day. This limit also considers any floating losses, which are inclusive of
commissions and swaps.

Accordingly, if you earn $2,500 in a day, you can sustain up to a $7,500 loss. Note that the Maximum
Daily Loss resets at midnight CE(S)T.

This rule ensures a defined daily risk, preventing the account value from falling below the limit, and
includes potential floating losses for trader and investor benefit.

24. Can I track the progress of my
account?

You will gain access to a trader dashboard after purchasing a DEMO account. A trader dashboard lets you
track your progress on your account.

Metrics are updated on the dashboard approximately every 60 seconds. Be aware that it is your
responsibility to keep track of your breach levels.

25. Do you manipulate pricing or executions
in the DEMO Account?

No, we do not. We maintain a strictly independent relationship with the Broker. All market pricing and
trade executions are provided by the Broker directly and remain unaltered by BullFT. Furthermore, we do
not adjust bid-offer spreads, markups/markdowns, commission charges, or swaps set by the Broker.

26. What if I violate a rule or breach the
account in any way?

Breaching a rule such as a daily or maximum drawdown rule on your DEMO account will result in automatic
restriction of the breached account. Your account will be switched to read-only mode, and the status on
your dashboard will show as “Breached.” You may retake the Evaluation, by purchasing a new DEMO account
on our website. Be sure to contact us, as You may qualify for the discount.

In case of breaching our Terms & Conditions or when the usage of any of the prohibited strategies is
detected, your account will be marked as breached, and you will be permanently banned from future
evaluation.

Trading Rules and Practice

27. What are the rules for the funded
account?

The guidelines for the Funded Account align with those of your DEMO account. However, unlike the DEMO
account, the BullFT does not impose a specific profit target. This allows traders to focus on executing
their strategies effectively without pressure to achieve a profit goal.

28. What instruments and markets are
available for trading, and which strategies are permitted?

Your trading style is your choice, be it discretionary, algorithmic, or EAs.

If you use third-party trading robots (EAs), be aware that other traders might use the same EA, risking
account denial if you exceed the capital allocation rule.

Although we do not impose any specific trading style on BullFT traders, your trading must be genuine,
adhere to real market conditions, and avoid forbidden practices. Avoid practices that diverge from
serious trading. If we detect repeated, prohibited activities, we may remove positions, rebalance
accounts, reduce leverage, or terminate accounts. Refer to our Terms & Conditions for details.

You are free to trade any assets and instruments you can access from your platform such as Forex,
Stocks, or Cryptocurrencies.

Please note that the available products may change over time.

29. What does ‘trading according to a real
market’ mean?

Traders are obligated to avoid practices that undermine the integrity of a real market. All trading must
be legitimate. A trading strategy is permitted if it does not disrupt legitimate trading, exploit
practices meant to cause harm, or misuse the Evaluation Process / the DEMO account in any manner that
violates prohibited trading practices.

30. What are the margin rules?

Monitoring your positions and maintaining the required margin level is essential while trading with
leverage.

Margin Rules for all accounts at BullFT are as follows:

– Margin Call Level: 110%

– Stop Out Level: 100%

In other words: if your margin level reaches 110%, you will receive a Margin Call, and no new trades can
be opened. If it drops to 100% or below, there will be a Stop Out, and positions will close starting
with the least profitable. To effectively manage your margin, consider reducing the lot size and
practicing proper risk management, including using the stop losses. Your available margin is based on
your actual balance.

31. Can I hold positions over the
weekend?
You can choose this option when creating an account. It is additionally paid.
 
32. Do I need to close my positions
overnight?

During usage of the account, closing positions overnight or over the weekend is not necessary.
Note that each asset has specific trading hours visible on trading platforms. Some cryptocurrencies may
have specific weekend trading hours.

33. Can I use an Expert Advisor
(EA)?

In general, EAs are permitted. While using this practice be conscious to avoid prohibited practices such
as exceeding the capital allocation rule.

34. How are the trading spreads?

We aim to obtain the most competitive spreads for our traders therefore we consider this while selecting
a broker. For current spread details, please refer to the broker’s website.

35. What leverage can I use?

We offer a maximum leverage of 1:30 for Forex which can be doubled upon request.

36. Which trading rules are
prohibited?

It is strictly prohibited, to employ any trading strategy that the BullFT or its Brokers have banned. No
trading practice is allowed that could lead to regulatory issues for the Broker or may jeopardize the
Company’s relationship with the Liquidity Provider or may lead to the cancellation of trades.

Prohibited trading activities include, but are not limited to:

  • Holding Into Earnings Release
  • Hedging & Arbitrage Between Accounts
  • High-Frequency Trading (HFT)
  • Grid Trading
  • Martingale Trading
  • All-Or-Nothing Trading
  • Using any third-party, off-the-shelf, or marketed strategies designed to pass challenge accounts
  • Exploiting errors or latency in the pricing and/or platform(s) provided by a Liquidity Provider
  • Utilizing non-public and/or insider information
  • Front-running of trades placed elsewhere

If your trading is detected to involve prohibited activities, your participation in the program will be
terminated, and you may forfeit any fees paid to the BullFT.

Before granting any funded account, the trading activity under these Terms and Conditions will be
reviewed by both the BullFT and the Broker to identify any prohibited trading. If prohibited trading is
found, the Trader will not receive a funded account.

BullFT also reserves the right to disallow or block any Trader from participating in the program at its
sole discretion.

Payments and Withdrawals

37. What payment methods do you
accept?

You can pay the initial fee using a bank wire transfer, debit/credit card, or cryptocurrencies.

38. How can I withdraw my profits?

Profits are split monthly, with the option for a payout even after 7 days from the first trade.

Payouts are processed within 1-2 business days via bank transfer, or cryptocurrencies, with no
withdrawal fees.

39. Do I need to pay taxes on my
income?

No taxes are paid, on your behalf by BullFT. You are solely responsible for paying any taxes, levies, or
fees related to your BullFT Account under applicable laws, and regulations. Additionally, BullFT cannot
provide any instructions or tax advice.

40. Are there any other fees?

Definitely not, there are no additional or concealed fees. The one-time fee for the DEMO account covers
everything, including the evaluation stage. We do not charge any subscription fees. Additionally, your
initial payment will be reimbursed upon your successful evaluation of the DEMO account, with your first
Profit Split on your BullFT Account.

41. Why is there a fee?

Overall setting up the trading platform and its maintenance generates expenses, including design,
development, and operation costs. This payment grants you access to the DEMO account, the simulated
trading environment, and applications.

You cannot lose more than this fee, and it is refunded with your first Profit Split after passing the
Evaluation process.

Legal Matters

42. Do BullFT traders sign a
contract?

As an BullFT trader, you will be designated as an independent contractor for BullFT. Prior to receiving
a “BullFT account,” you will be required to sign a service agreement outlining your responsibilities and
rights in the program.

43. What are your terms and
conditions?

The terms and conditions regarding BullFT services are available on our website.

44. What is the minimum age to join your
platform?

Minors cannot purchase our products or services therefore it is required to be at least 18 years old, to
get access to our platform.

45. Is your firm regulated?

We are a proprietary trading firm, and as one we are not required to be regulated. All live trading
accounts use our company’s capital, and no live funds are ever directly provided to clients.
Furthermore, no client of BullFT is classified as an “investor.” We systematically monitor regulation
changes in relevant to our company and ensure compliance with all necessary authorities and legal
entities.

Additional Information and Policies

46. What are the trading hours?

The Broker determines the trading hours, and we have done not influence them. Each asset has specific
trading hours visible on trading platforms and our Symbols site.

Please consider that holidays may affect the available trading hours.

47. Which trading platforms can I
use?

You may choose from several options, as we offer access to leading trading platforms with Trading View
charts, including DXtrade, MatchTrader, and cTrader.

48. Can I use a VPN?

As a rule, there are no contraindications to using VPN/VPS except for usage Meta Trader and cTrader
accounts within the United States. However, we do not recommend that, because using a VPN or VPS while
suspicious activity is detected, will be a significant factor in determining if our terms were violated.

Additionally, VPNs or VPSs are not allowed during the evaluation process. If you complete this process
using a VPN or VPS, your account may not be funded, or your funded account may be disabled.

49. Do you permit copy trading?

Copy trading across accounts is not permitted, including holding identical positions on the same market
in the same direction simultaneously across multiple accounts.

For instance: you cannot open a similar position on another account during the same timeframe. Please be
mindful of this policy when trading across multiple accounts. Regarding our BullFT accounts, you are
allowed to copy trade from one of your accounts to a BullFT account. However, copy trading across
multiple BullFT accounts is not permitted. We only provide one funded account per strategy.

50. Am I trading with real funds?

Once the evaluation is passed, we provide you with a funded account, backed by our capital.

Can’t Find Answer? Ask Us

Still haven’t found the answer to your question? Reach out to us!