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  • What is Indigo Trader Funding?
    Indigo Trader Funding is a simulated trader funding program, designed to help prospective traders from around the globe achieve their goals of making money from trading on the financial markets without having to have any of the capital that is usually required. Trading on the financial markets is a difficult and challenging career to undertake and the reality is, most traders will fail in their efforts to reach the levels of consistency needed to make this a full-time career. But for those of you who do have that potential, you deserve to be rewarded for your efforts. The process is simple. You pay for an evaluation. You then have to make a % amount of profit and you have unlimited time to do so. You must do this whilst not breaching any of the specified trading rules (see Rules in FAQs). If you pass the evaluation you will be processed onto the simulated funded account with the same trading rules, except this time you will be paid 85%, up to 95%, of the profit you are able to make whilst sticking to the same trading rules. You will also be refunded the full amount of your evaluation fee on your first payout. We believe there is still space for honest and open companies to step into this industry. Some firms in this industry, for example, still mis-lead traders into believing they are managing real capital when they pass their evaluations and become funded. The truth is that the vast majority of online prop firms such as ours are able to reward traders for trading profitably from the failed evaluation fees, given how difficult it is for most to pass successfully. We operate in a completely transparent and sustainable way, ensuring that we build the reserves necessary with a carefully calculated ratio requirement, guaranteeing that we will always payout profitable traders who trade within the rules, whether they achieve one payout or 20+ payouts.
  • How to get started?
    Before you decide to take one of our evaluations, we want to make sure you know what you're undertaking. Ask yourself if you are ready to become a consistently profitable trader. If not, continue to practice and work on your approach to trading. If yes, ensure you have thoroughly read through our FAQs and T&Cs before signing up to ensure you understand our trading rules. First, you need to choose your preferred evaluation. Choose from our 1 Step, 2 Step, 3 Step or 'Six Six Challenge' evaluations, which range from $10,000 to $500,000 in account size. You should receive login credentials to your preferred trading platform - Metatrader 4 or DXtrade (MT4 not available for US residents) - once payment for the evaluation is received.
  • What is an evaluation?
    An evaluation is a one-phase, two-phase or three-phase process that you must complete before becoming a simulated funded trader. If you pass AND receive a payout minimum of $100, you will receive a performance bonus equivalent to 100% of the access fee.
  • Who can buy evaluations on our site?
    Due to regulatory conditions, we are unable to offer services with traders residing in the following countries: Cuba, Iran, North Korea, Myanmar, Russia (or the Crimea, Donetsk or Luhansk regions of Ukraine), Somalia and Syria.The provision of services is not extended to individuals who appear on sanction lists, possess criminal records associated with financial crime, terrorism, or have been previously prohibited due to breach of contract, with no allowances.
  • Can US residents buy evaluations?
    As of 20th February 2024, residents of the United States are unable to purchase evaluations on the Metatrader platform on this site. Residents of the United States will still be able to purchase evaluations on the DXtrade platform. US citizens residing outside the US who possess a valid resident ID may still continue to use our services on either platform.
  • Can we pay for our evaluation with cryptocurrency?
    Yes you can. You can pay via BTC, ETH, USDT and USDC. USDT via TRC20 and/or ERC20. USDC via ERC20 or BSC networks.
  • Is there a minimum age I need to be to take an evaluation?
    Yes, you must be at least 18 years old.
  • What account sizes are available and am I allowed more than one?
    We have 5 account sizes: $10,000, $25,000, $50,000, $100,000, $200,000. You will not be able to change this once you begin your evaluation. You can purchase and trade multiple evaluations at the same time if you wish, but our maximum initial allocation is $300,000. What this means is you can purchase and trade 1 x $200,000 and 1 x $100,000 evaluations and if you pass the evaluation, you can use copy trading software to trade these at the same time if you wish. At this current moment in time, we can not merge accounts but this is something we will be looking to add in the future.
  • When does the evaluation begin?
    Your evaluation will begin as soon as you place your first trade on the account.
  • What happens after I pass the evaluation?
    Once you have passed all of the trading objectives you will be asked to follow the KYC process and then sign the contract within your dashboard.
  • What is KYC and how does it work?
    KYC stands for 'Know Your Customer' and it plays a vital role in fraud prevention & anti-money laundering. It is very important that it is completed correctly. We use an external company called SumSub to process KYC checks. You can check what documents will be accepted for your resident country by visiting https://sumsub.com/kyc-compliance/ and scrolling down to graphic below.
  • Do I have to pay anything in the event of losses on my evaluation or funded account?
    No. As we only operate on simulated (demo) trading environments there is no liability for losses on any trading accounts. You will only ever have to pay the evaluation fee.
  • What is the performance bonus and when do I receive it?
    You will be awarded a performance bonus that is equal to the fee you paid for your evaluation and this will be automatically paid to you when you pass all phases of your evaluation and receive your first payout (minimum $100). If you fail the evaluation by breaching the trading rules OR breach the rules on your simulated funded account before receiving a payout you will not be eligible for a performance bonus.
  • How do the payouts work?
    A trader on the simulated funded account will be eligible for a payout 30 days from the first trade placed on the account. Once the account is reset, payouts can be withdrawn every 14 days from then on. A trader is eligible for a payout if their account balance is higher than the initial account balance and if there has been no rule breaches on the account. All trades on the account must be closed for the payout to be processed. Payouts will be completed in 1-3 working days. All payouts must be a minimum of $100. Your withdrawal will be limited to a maximum of 10% of initial account balance or $15,000. Whichever is lower. The payout methods are via bank transfer and cryptocurrency.
  • What is the maximum payout limit (withdrawal limit) rule and how does it work?
    For sustainability purposes, we have a maximum payout (withdrawal) limit of 10% of initial account balance OR $15,000 (Whichever is lower) before profit split. This rule is reviewed every 3 months.
  • Am I trading with real capital?
    No. All evaluations and funded accounts are demo accounts. This is why we refer to the environment as a "simulated" trader funding program. The demo accounts use live market data from top-tier liquidity providers to effectively simulate trading on the live markets. Traders who take our evaluation and go on to trade on our simulated funded accounts will not be managing real capital.
  • What is the profit split and why is there one if I am not trading real capital?
    The profit split is set at an initial 85%. There is a profit split simply for the sustainability of Indigo Trader Funding Limited.
  • Do you have a scaling plan?
    If you receive payouts totalling 12% or more in a 3-month period and at least 2 of those 3 months were profitable, we will increase the size of your simulated account by 20%. After 2 successfully completed scaling periods, your simulated profit split will be increased from 85% to 95%. For example, a $200,000 simulated account will be increased to $240,000 after completion of the first scaling period. You can scale up to our maximum simulated funding of $1,000,000.
  • What are your spreads?
    The broker we work with is Eightcap, we use their raw spread accounts. The Eightcap Raw account is a competitively priced trading account, which features everything the Standard option does, but with notably lower trading fees. Traders get raw spreads from 0.0 pips for a commission of $7.00 per 1.0 standard round lot, charged at $3.50 per side, for minimum costs of $7.00. For more information, visit https://www.eightcap.com/uk/ for more information.
  • Is there a free trial?
    No, we do not offer a free trial. We do recommend you have some practice/experience in trading, either on your own personal account or on a demo account before signing up.
  • Can we merge accounts?
    No this is not something we offer at this current moment in time but it is something we are working towards in the future. Alternatively, feel free to use copy trading software to trade multiple accounts at a time.
  • Is there a breach for inactivity?
    You will be required to place a minimum of one trade every 30 days from the creation of the account. If this is not done your account will be considered inactive and a breach of the account rules will occur.
  • What is the profit target and how is it calculated?
    For 1 Step Evaluations The profit target is 10% for the 1-Step evaluations. This is calculated from the initial balance of the account. There is no Phase 2 or Phase 3 for the 1 Step evaluations. For 2 Step Evaluations The profit target is 8% on Phase 1 and 5% on Phase 2 for the 2 Step evaluations. These are calculated from the initial balance of the account. There is no Phase 3 for the 2-Step evaluations. For 3 Step Evaluations The profit target is 6% on Phase 1, 6% on Phase 2 and 5% on Phase 3 for the 3 Step evaluations. These are calculated from the initial balance of the account. For Six Six Evaluations The profit target is 6% on Phase 1 and 6% on Phase 2 for the Six Six evaluations. These are calculated from the initial balance of the account. There is no Phase 3 for the Six Six evaluations. Example: Using a $100,000 evaluation for demonstrative purposes: When taking a 1 Step evaluation, the profit target will be equal to $10,000, meaning growing the initial balance from $100,000 to $110,000. When taking a 2 Step evaluation, the profit target will be equal to $8,000, meaning growing the initial balance from $100,000 to $108,000. In Phase 2 of a 2 Step evaluation, the profit target will be equal to $5,000, meaning growing the initial balance from $100,00 to $105,000. When taking a 3 Step evaluation, the profit target will be equal to $6,000, meaning growing the initial balance from $100,000 to $106,000. In Phase 2 of a 3 Step evaluation, the profit target will be equal to $6,000, meaning growing the initial balance from $100,000 to $106,000. In Phase 3 of a 3 Step evaluation, the profit target will be equal to $5,000, meaning growing the initial balance from $100,000 to $105,000. When taking a Six Six evaluation, the profit target will be equal to $6,000, meaning growing the initial balance from $100,000 to $106,000. In Phase 2 of a Six Six evaluation, the profit target will be equal to $6,000, meaning growing the initial balance from $100,00 to $106,000.
  • What is the maximum daily drawdown (loss) and how is it calculated?
    For 1 Step Evaluations/Funded Accounts only The maximum daily drawdown is 4% of the initial account balance and is calculated from the account balance at 5PM EST everyday. If your account equity falls below the maximum daily drawdown then your account will be in breach of the trading rules and the evaluation/funded account will be forfeited. Example 1 Using a $100,000 evaluation/funded account for demonstrative purposes. If at 5PM EST your account balance is at $100,000 but you have an open trade in profit of $5,000, then your account equity will be at $105,000. This means the maximum daily drawdown will be set at $96,000 ($100,000 - $4,000). Balance-based calculation NOT equity-based calculation. Example 2 Using a $100,000 evaluation/funded account for demonstrative purposes. If at 5PM EST your account balance is at $100,000 but you have an open trade in a loss of $2,000, then your account equity will be at $98,000. This means the maximum daily drawdown will be set at $97,000 ($100,000 - $3,000). Balance-based calculation NOT equity-based calculation. For 2 Step Evaluations/Funded Accounts only The maximum daily drawdown is 5% of the initial account balance and is calculated from the account balance at 5PM EST everyday. If your account equity falls below the maximum daily drawdown then your account will be in breach of the trading rules and the evaluation/funded account will be forfeited. Example 1 Using a $100,000 evaluation/funded account for demonstrative purposes. If at 5PM EST your account balance is at $100,000 but you have an open trade in profit of $4,000, then your account equity will be at $104,000. This means the maximum daily drawdown will be set at $95,000 ($100,000 - $5,000). Balance-based calculation NOT equity-based calculation. Example 2 Using a $100,000 evaluation/funded account for demonstrative purposes. If at 5PM EST your account balance is at $100,000 but you have an open trade in a loss of $2,000, then your account equity will be at $98,000. This means the maximum daily drawdown will be set at $95,000 ($100,000 - $5,000). Balance-based calculation NOT equity-based calculation. For 3 Step Evaluations/Funded Accounts only There is no daily drawdown limit on 3 Step evaluations. For Six Six Evaluations/Funded Accounts only The maximum daily drawdown is 4% of the initial account balance and is calculated from the account balance at 5PM EST everyday. If your account equity falls below the maximum daily drawdown then your account will be in breach of the trading rules and the evaluation/funded account will be forfeited. Example 1 Using a $100,000 evaluation/funded account for demonstrative purposes. If at 5PM EST your account balance is at $100,000 but you have an open trade in profit of $4,000, then your account equity will be at $104,000. This means the maximum daily drawdown will be set at $96,000 ($100,000 - $4,000). Balance-based calculation NOT equity-based calculation. Example 2 Using a $100,000 evaluation/funded account for demonstrative purposes. If at 5PM EST your account balance is at $100,000 but you have an open trade in a loss of $2,000, then your account equity will be at $98,000. This means the maximum daily drawdown will be set at $96,000 ($100,000 - $6,000). Balance-based calculation NOT equity-based calculation.
  • What is the maximum drawdown (loss) and how is it calculated?
    For 1 Step Evaluations/Funded Accounts Only The maximum fixed drawdown is set at 6% for the 1-Step evaluations. The maximum drawdown is fixed meaning it does not trail. Your account moving into profit makes no difference to the maximum drawdown limit. If your account goes below the maximum drawdown then the account will be in breach of the trading rules. Example Using a $100,000 evaluation/funded account for demonstrative purposes. Your maximum drawdown limit will be $94,000 ($100,000 - $6,000). This does not change. For 2 Step Evaluations/Funded Accounts Only The maximum drawdown is set at 10% for the 2-Step evaluations. The maximum drawdown is fixed meaning it does not trail. Your account moving into profit makes no difference to the maximum drawdown limit. If your account goes below the maximum drawdown then the account will be in breach of the trading rules. Example Using a $100,000 evaluation/funded account for demonstrative purposes. Your maximum drawdown limit will be $90,000 ($100,000 - $10,000). This does not change. For 3 Step Evaluations/Funded Accounts Only The maximum drawdown is set at 6% for the 3-Step evaluations. The maximum drawdown is fixed meaning it does not trail. Your account moving into profit makes no difference to the maximum drawdown limit. If your account goes below the maximum drawdown then the account will be in breach of the trading rules. Example Using a $100,000 evaluation/funded account for demonstrative purposes. Your maximum drawdown limit will be $94,000 ($100,000 - $6,000). This does not change. For Six Six Evaluations/Funded Accounts Only The maximum drawdown is set at 10% for the Six Six evaluations. The maximum drawdown is fixed meaning it does not trail. Your account moving into profit makes no difference to the maximum drawdown limit. If your account goes below the maximum drawdown then the account will be in breach of the trading rules. Example Using a $100,000 evaluation/funded account for demonstrative purposes. Your maximum drawdown limit will be $90,000 ($100,000 - $10,000). This does not change.
  • Is there a minimum trading days required?
    There is no minimum trading days rule.
  • Am I allowed to hold trades overnight and over the weekends?
    Yes. We do not place any restriction on overnight or weekend trading.
  • Can we use trade copiers and EAs?
    Trade copiers are allowed from any of your own accounts to your Indigo Trader Funding accounts. If it is detected that trades are being copied from someone else's evaluation/funded account to one of your own, the accounts will be in breach of the rules. EAs are allowed. High-frequency trading methods and bots are strictly not allowed.
  • Can I trade around data releases (news trading)?
    There is no restriction to trading around data or news releases on the economic calender.
  • Is there a maximum lot size limit?
    No there is not a maximum lot size limit.
  • Is there any hidden rules?
    No, all rules that you need to follow are listed in the FAQs. See what is not allowed here https://www.indigotraderfunding.com//s/f/what-forms-of
  • What forms of trading are not allowed?
    Any strategies that take advantage of simulated (demo) trading environments in order to generate risk-free gains will be classed as an attempt to cheat the system and will result in a ban from Indigo Trader Funding. These rules include: -Reverse trading between accounts or reverse arbitrage. -Latency arbitrage. -Hedge Arbitrage. -High-frequency trading, tick-scalping & arbitrage bots. -Using delayed data feeds. -Using account management or "pay-to-pass" services. -Order Layering/Stacking (entering a significantly high number of positions simultaneously) is not allowed. For further clarification, ANY method of trading that includes opening a significantly high number of positions simultaneously (at the same time) on the same instrument is not allowed and will be classed as a breach of the rules. You are also not allowed to use copy trading software from accounts that are NOT your own. If someone else is thought to be trading your evaluation/funded account on your behalf this could potentially result in a ban. Indigo Trader Funding uses technology that analyses and tracks traders accounts and IP addresses to check if traders are arbitraging accounts, reverse trading between separate accounts, trading multiple accounts under different names or using other prohibited methods listed above. In the clearest of terms, it must be stated that you risk a ban and a forfeit of a payout if you attempt the prohibited trading strategies above. To prevent complications, only one registration per household is allowed. For example, if you have registered with us under the name of "John Smith" for example. and have purchased a challenge, there cannot be another registration for your family member under a different name at the same address. If two accounts, challenge or funded, are trading from the same address under different names, this will be in breach of the rules.
  • Do you allow hedging and Martingale trading methods?
    Yes, hedging on the same account is allowed. You are not allowed to hedge between separate accounts. Martingale trading methods are allowed as long as you do not violate any other prohibited trading strategies such as high frequency trading.
  • Is order layering/stacking allowed? What is the difference between stacking and scaling?
    Entering a 'significant' amount of small positions at the same price simultaneously is not allowed and will result in a breach of the rules. For example, a trader places 50 0.05 lot positions on EURUSD instead of entering 2.5 lots at the same time and same price level. This is order layering/stacking and is a breach of the rules. Do not confuse this with 'scaling' into a position. Scaling into a position is allowed. This involves splitting up a trade into smaller lot sizes and entering at different times and different price levels. For example, if a trader enters 0.5 lots across 5 separate positions, at different times and different price levels, this is not a breach of the rules.
  • Am I allowed to use a VPN or VPS?
    VPNs and VPSs are allowed. Most major VPN IPs are registered. HOWEVER, if there is an irregular level of similarity in trading between separate accounts and they share the same IP for whatever reason, this may result in a breach of the rules. Therefore it is advised not to use VPNs or VPSs if possible.
  • Am I required to use a stop loss with every trade?
    No, there is no requirement to use a stop loss for any trade you place.
  • Can I change the password for the trading platform credentials?
    No, the password in the platform credentials that we give you is not allowed to be changed.
  • What trading platforms do you currently offer?
    The platforms we currently offer are Platform 4 and DXTrade.
  • What leverage do you offer?
    1 Step - Fx : 1:30 - Indices : 1:20 - Commodities : 1:20 - Crypto : 1:2 2 Step - Fx : 1:30 - Indices : 1:20 - Commodities : 1:20 - Crypto : 1:2 3 Step - Fx : 1:30 - Indices : 1:20 - Commodities : 1:20 - Crypto : 1:2 Six Six - Fx : 1:30 - Indices : 1:20 - Commodities : 1:20 - Crypto : 1:2
  • What instruments can I trade?
    You can trade all the instruments that are available on your platform. This will include FX, indices, metals, oil and some cryptos. Altogether, 54 Forex, 16 Indices, 4 Crypto, 5 Commodities.
  • Am I allowed to change the platform?
    If your evaluation or simulated funded account has not yet been started (no trade placed), contact us at support@indigotraderfunding.com and we will change the platform. If the evaluation or simulated funded account has been started you must wait until the phase of the evaluation has been passed or until your next payout on the funded account has been achieved and processed.
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