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 contact form, email, 24/7 Live Chat, Messenger, 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 5 countries such as the Czech Republic, 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.

Due to risk management considerations, our services are not available to clients in USA.

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 week. Consistently profitable traders can receive additional balance through our Scaling Plan.

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 stage when your trading performance and consistency will be verified under simpler rules. For detailed guidelines, visit our Trading Objectives page.

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 verification 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

To meet one of our trading objectives, you need to trade for at least 4 days (not necessarily consecutive). The Verification phase also requires at least 4 trading days. There’s no maximum time limit for completing our Evaluation Process, so you can take as long as necessary.

Once you fulfill all four of our Trading Objectives and your trades are assessed, you can advance to the next stage promptly. Overall, you might be able to use your BullFT Account in just 8 trading days.

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 $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.

It is possible to merge individual BullFT Accounts on request, and with few conditions, just contact us.

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.

For symbol details and trading hours, visit the Symbols site, while for platform maintenance and updates, see the Trading Updates site.

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 founded 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.

Consistently profitable traders may receive additional capital through our Scaling Plan based on performance.

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?

Yes, you can modify your current account using our flexible system. You can switch between account types and trading platforms easily through the app interface.

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 hours 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, and 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 within 24 hours* after purchasing a DEMO account. A trader dashboard lets you track your progress on a DEMO account and BullFT 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.

*Although typically, it is a few hours it may take up to 24 hours.

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.

Please be advised that all trading on the BullFT platform (DEMO account, Evaluation Process) is simulated using fictitious capital. However, we may use data from funded accounts for trading on our own live accounts. Therefore, we replicate real market conditions and require proper risk management from our clients. Adherence to rules is mandatory when trading in real markets, such as with a proprietary trading firm.

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?

We require all trades to be closed by 3:45pm EST on Friday. Any trades left open after this time will automatically be close.

32. Do I need to close my positions overnight?

During usage of the DEMO account, closing positions overnight or over the weekend is not necessary. As you become a BullFT trader on a funded account you are required to close your positions before the weekend or during market breaks that exceed 2 hours.

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
  • Using one strategy to pass the assessment and then switching to a different strategy in the funded account, as determined by the company in collaboration with Prop Account, LLC at their discretion.

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.

For detailed information on prohibited uses, please review our Terms and Conditions.

Payments and Withdrawals

37. What payment methods do you accept?

You can pay the initial fee using a bank wire transfer, debit/credit card, cryptocurrencies, or Skrill. Please be aware that bank transfers are unavailable for payments/payouts in Venezuela, Cuba, Sudan, and Ukraine due to regulatory restrictions.

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, Skrill, 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. Just click here: www.bullft.com/terms-and-conditions/

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, or the legal minimum age in your country, 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. The capital in a funded Account is notional and may not match the amount of capital on deposit with a Liquidity Provider. A Funded Account is notionally funded when actual funds in the account (i.e., the equity in a Funded Account represented by the amount of capital) differ from the nominal account size (i.e., the size of the Funded Account that determines the initial account value and trading level).

Notional funds represent the difference between nominal account size and actual capital in a Funded Account. Note that notional funding does not impact your trading conditions.

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