Try2bfunded is a trader selection and funding program. To evaluate your trading we provide you with a demo account to complete the qualification and prove your trading skills without risking your own capital. Traders who successfully pass the qualification are granted with a real money funded account and keep up to 80% profits.
Why Try2BFunded?
Try2BFunded is one of the best free prop trading firms since we provide access to live market prices for 7 days absolutely free of charge! While trading on demo, you can enjoy unlimited number of free restarts! Try2BFunded offers free funded trader program for traders who opted to get funded account immediately with straight funding option. We grant individual discounts and special offers to traders with consistent and positive results.
How it works in simple words?
With Try2BFunded any trader can get funded to trade with a real money account and keep up to 80% profits! There are 3 ways to get funded account: 1) using straight funding option; 2) completing qualification program; 3) winning trading plans challenge. By trading with a funded account you can start withdrawing your profits after you earn at least 6% profits.
How to sign up/get started with Try2BFunded?
Starting trading with Try2BFunded is easy – just sign up using only email address, and start trading! Please note that trading is available only in market hours Monday through Friday from 9:30 a.m. to 4 p.m. EST.
What document do I need to trade with Try2BFunded?
You can start trading on demo account without provision of any documents. When you start our qualification program, due to our KYC/AML procedure we will need to verify your ID. For most of people, this will never be an issue.
Can I trade from anywhere of the world?
Due to OFAC sanctions, we are unable to offer services with traders from the following countries: Cuba, Iran, Lebanon, Syria, North Korea, Libya, Sudan, Somalia.
How fast can I pass qualification program and receive a funded account?
You will receive access to our trading platform immediately after you sign up. To complete objectives of qualification program can take you a couple of days or may be a little longer depending on our trading style and profitability.
Are there any age restrictions?
Yes, the minimum age to participate in all of our programs is 18 years of age or older.
How many accounts can I have?
Try2bfunded stands out from its competitors by offering unlimited number of demo accounts to any trader. Just sign up with another email address and get another free demo account! Please note that one trader can have only one funded account at any time.
Is my account a real money?
Once you sign up with Try2bfunded, you will be provided with a demo account with virtual funds, but with real market prices. Accounts used for qualification program are also demo accounts. However, a Funded Account is an account with real money with real market quotes from liquidity providers.
What instruments can I trade?
Try2bfunded offers the following stock trading indexes: S&P 500, Russell 2000, NASDAQ-100 (except for tickets with market cap size less than $250M and Average Daily Trading Volume less than 100,000 shares).
Qualification
Am I responsible for reimbursing any trading losses?
No, there are no financial risks for the participants. The monthly subscription fee at Stage 1 and Funded stage is $100-$300 (depending on the initial account balance). This monthly subscription fee is also applicable to the funded real-money accounts. The monthly fee is $100 for a $30,000 account, $150 for a $50,000 account, and $300 for a $100,000 account.
Is it better to use exchange execution or pending order?
We don’t provide trading advice, but you can sign up for one of our education courses in learning center. If precise price execution is important, it is highly recommended to use pending orders on our platform.
What is the difference between exchange execution and pending order?
An exchange execution order will execute a buy or sell order of the security immediately at the next available price. A pending order will execute a buy or sell order of the security only when the specified price (or better) is available.
If I open a new account, will my other account(s) close automatically?
No, you may have multiple accounts open at the same time, and other accounts will not be closed automatically.
Beyond stocks and ETFs, do you offer trading in options, futures, bonds, forex, and/or commodities?
No, we do not at this time. At the moment, we offer trading in stocks on the US major markets only.
What is the difference between max drawdown and max daily loss?
Max drawdown is the maximum allowable size of the unsettled loss at any moment during an individual stage of the contest. Max daily loss is the maximum allowable unsettled loss that can be incurred in any given day.
Does the list of instruments stay the same throughout the qualifying stages and once on a funded real-money account?
Yes, there is the same list of instruments available for trading throughout all parts of the program.
How do I cancel/delete my account or cancel my subscription?
The monthly subscription fee can only be paid manually. It is not an automatic charge. Accordingly, if you wish to cancel your account, you may simply let your subscription expire and you will no longer be charged.
Is it possible to put my monthly subscription on hold?
The monthly subscription fee is not automatically recurring. You will need to pay it manually once per month in order to keep your account active. Once your monthly subscription expires, you will receive an alert message on your screen to renew. Please note that all fees already paid toward the subscription fee are not refundable.
How much is the capital contribution after the subscription fee?
There is no capital contribution of your own required.
Do I have to pay the monthly subscription fee out of pocket?
It can be paid for by credit card (Visa and Mastercard only).
What does the $100-$300 fee cover?
The monthly fee covers the costs of providing real-time market data, support, and internal costs of maintaining the platform. It also accounts for the benefits that come from using our capital at no risk to participants on funded real-money accounts. The fee is essentially a monthly ticket for entry into the program.
Why I can see the message "no orders are allowed at the moment"?
You can place the orders only within trading session 9:30 a.m. to 4 p.m. EST. Orders outside of these hours are not allowed.
Do you have and opportunity to use other platform or trading software?
No, we use only try2bfunded trading platform - trading.try2bfunded.com, that was designed for convenience and transparency of our contest.
Are commissions/trading fees applicable?
Commission charges are emulated in Stage 0 and Stage 1 of the program, and will be applied on the funded real-money account.
The fees are as follows:
US Markets (NYSE, NASDAQ): $0.01 per share (min $0.21/$0.22 for long/short trade).
Overnight commission for SELL positions: min $0.30 per position.
Demo Stage
Is demo stage free?
Yes, demo stage is 100% free, no credit card reuired, so you can test our platform and see what our qualification is about for 7 days.
Do I get funded if I pass the Demo qualification?
No, Demo Stage 0 is only for testing the platform and practice. Passing Demo Stage 0 will not lead to funded account. You will have to pass Qualification or use other options to get funded account.
How long does demo stage take?
Demo stage is 7 days, however you can skip it any time to start Qualification.
Does demo stage affect my qualification?
No, demo stage does not affect your qualification progress, and it’s fully optional, so you can skip it any time to start Qualification.
Does the list of instruments stay the same throughout the qualifying stages and once on a funded real-money account?
Yes, there is the same list of instruments available for trading throughout all parts of the program.
When can I place my order?
NYSE and NASDAQ are the two main American exchanges, both of which are headquartered in New York City. They are each open Monday through Friday from 9:30 a.m. to 4 p.m. EST. Orders are allowed only within this trading session.
Why my stop loss orders are rejected?
Please check if you have an active Limit Order. When using Limit Order, you can not set a Stop Loss because execution logic is broken.
Why can’t I place any order?
NYSE and NASDAQ are the two main American exchanges, both of which are headquartered in New York City. They are each open Monday through Friday from 9:30 a.m. to 4 p.m. EST. Orders are allowed only within this trading session.
Are commissions/trading fees applicable?
Commission charges are emulated in Stage 0 and Stage 1 of the program, and will be applied on the funded real-money account.
The fees are as follows:
US Markets (NYSE, NASDAQ): $0.01 per share (min $0.21/$0.22 for long/short trade).
Overnight commission for SELL positions: min $0.30 per position.
Classic Option
What is consistency rule?
To pass this qualification, your goal is to reach 30% consistency. In general terms: Consistency is maximum daily profit divided by total profit. For example:
You've earned Day 1 - $100; Day 2 - $50; Day 3 - $300. Altogether, you've earned $450 - this is 100% of your profit. Consistency takes the largest day's profit ($300) and divides it by total profit ($450). So on the 3rd day your consistency is 66%. So you do not meet the consistency rule condition (30% or less). What can you do? Always continue trading, so that your total profit rises and your consistency gets smaller. For example:
You earned $200 on the Day 4, so your ratio now is 300/650=46%. Then, in the next 2 days, you earned 250 and 200 dollars, and your consistency now is 27% - and you passed. Well Done!
Are there time limits? Do I have to reach the 6% profit target within a certain period of time?
No, there are no time constraints.
If I am stopped out of a stage from a 4% drawdown or 2% daily loss, what happens?
If you are in Stage 1 or Stage 2 of the program and incur a 4% drawdown or 2% daily loss, you will return to the beginning of Stage 1.
Are the overnight/over weekend positions allowed?
Yes it is allowed with Consistency Qualification. However we don’t recommend to hold overnight positions.
If I open a new account, will my other account(s) close automatically?
No, you may have multiple accounts open at the same time, and other accounts will not be closed automatically.
How does the 2% Maximum Weekly Loss work at Classical version of the Stage 2?
It works in a same was as the Maximum Daily Loss, but does so based on the last seven calendar days, rather than just a single trading day. Example #1 If a trader has had a maximum portfolio value of $30,000 and he has not traded over the past 7 calendar days (i.e., the portfolio is still at $30,000), then the loss amount the trader should avoid is $600 (2% of the portfolio value). You can find full explanation with more examples in our blog
Can I change my account size after I get started in the qualifying stages?
A user is able to change an account size at Stage 1 or Stage 2 at any time (and without needing to open a new account). You would need to go to the start of the current stage and select a different amount.
How long does it take to qualify?
It is entirely dependent on your trading results. There is no time limit as we want you to focus on sound trading strategies that identify positive expected value and high reward-to-risk opportunities.
Can I increase my position size limit?
Yes, position size can be increased individually depending on your trading performance, email us for details.
When can I place my order?
NYSE and NASDAQ are the two main American exchanges, both of which are headquartered in New York City. They are each open Monday through Friday from 9:30 a.m. to 4 p.m. EST. Orders are allowed only within this trading session.
Why my stop loss orders are rejected?
Please check if you have an active Limit Order. When using Limit Order, you can not set a Stop Loss because execution logic is broken.
How often can I restart my qualification account?
Free manual restart is available once every 60 hours and once 12 hours after qualification account was failed by max or day drawdown. Please keep in mind that if you’re all out of free restarts you don’t have to wait and can pay a small free to restart your account.
Pro Option
How does Points system work?
No, you must make a minimum of 6 points.
To succeed with Points PRO stage, you need to prove you can make a profit while avoiding significant losses; however, now there is no longer a profit target. Instead, you need to earn 6 points. Here’s how it works:
Mathematically, points are granted to you according to the formula
4 tanh(x/4)
and taken away from you according to formula
4 tanh-1(x/4)
Points are granted and taken away according to graph:
This graph shows that if your strategy brings you more and more profit, you will not be grated points in the same way - the more profit you make, the less points you get (max 4 points per day) and with more risk the higher is chance to loose points (max -8 points can be taken away within one trading day). For example 2% profit gets 1,8 points; -3% loss takes away -4 points.
Does Alternative Stage 1 Points PRO have a minimum profit target?
No, but you must make a minimum of 6 points to pass this qualification.
To succeed with Points PRO stage, you need to prove you can make a profit while avoiding significant losses; however, now there is no longer a profit target. Instead, you need to earn 6 points. Here’s how it works:
Mathematically, points are granted to you according to the formula
4 tanh(x/4)
and taken away from you according to formula
4 tanh-1(x/4)
Points are granted and taken away according to graph:
Profit
Points
-4-2246810
Profit/ Loss, %
-8-6-4-224
Points
This graph shows that if your strategy brings you more and more profit, you will not be grated points in the same way - the more profit you make, the less points you get (max 4 points per day) and with more risk the higher is chance to loose points (max -8 points can be taken away within one trading day). For example 2% profit gets 1,8 points; -3% loss takes away -4 points.
Are there time limits? Do I have to reach the 6 points within a certain period of time?
No, there are no time constraints. You can use our platform to pass qualification as long as you have an active subscription.
Are the overnight/over weekend positions allowed?
No. You cannot hold overnight positions overnight/over weekend, but it is allowed with Consistency Qualification. If you are a swing trader, we recommend switching to consistency option.
Do I have to Day Trade with a Funded Account?
Yes. If you pass Points Pro qualification to get a Funded Account, it will be a Day Trading account, so you cannot hold overnight positions overnight/over weekend.
If I open a new account, will my other account(s) close automatically?
No, you may have multiple accounts open at the same time, and other accounts will not be closed automatically.
Can I change my account size after I get started in the qualifying stages?
A user is able to change an account size at Stage 1 at any time (no need to open a new account). You would need to go to the start of the current stage and select a different amount.
How long does it take to qualify?
It is entirely dependent on your trading results. There is no time limit as we want you to focus on sound trading strategies that identify positive expected value and high reward-to-risk opportunities.
If I am stopped out of a stage from a 4% drawdown or 1% daily loss, what happens?
If you are in Stage 1 of the program and incur a 4% drawdown or 1% daily loss, you will return to the beginning of Stage 1.
Can I increase my position size limit?
Yes, position size can be increased individually depending on your trading performance, email us for details.
When can I place my order?
NYSE and NASDAQ are the two main American exchanges, both of which are headquartered in New York City. They are each open Monday through Friday from 9:30 a.m. to 4 p.m. EST. Orders are allowed only within this trading session.
Are commissions/trading fees applicable?
Commission charges are emulated in Stage 0 and Stage 1 of the program, and will be applied on the funded real-money account.
The fees are as follows:
US Markets (NYSE, NASDAQ): $0.01 per share (min $0.21/$0.22 for long/short trade).
Overnight commission for SELL positions: min $0.30 per position.
Why my stop loss orders are rejected?
Please check if you have an active Limit Order. When using Limit Order, you can not set a Stop Loss because execution logic is broken.
Why at the start of the day I see that my account was reset?
As Points Pro is a day trading option, no overnight/over weekend positions are allowed. So if you leave any opened positions at the end of the trading session (4 pm EST), your qualification will be failed and account will reset.
Funded Account
What documents are required for funded account?
To open your Funded Account with Try2Bfunded, we need the following documents:
1. valid document to confirm your identity. You can provide a copy of any of the following documents:
- your ID;
- your driving license;
your internal passport (only in case you do not provide a copy of this document to confirm your place of residence).
2. A most recent document dated within last three months to confirm your place of residence. You can provide a copy of any of the following documents:
- utility bills in your name;
- bank statement;
*Please use copies of two different documents to confirm your identity and residence address.
3. А selfie photo with an ID. The face shouldn't be obstructed by the document and the data in the document should be readable (not blurred)
4. А selfie photo with your device, showing your profile on our platform. The face shouldn't be obstructed by the device.
All documents need to be addressed and received before the account can be considered for approval.
What happens if I get to the funded real-money account and have a 4% drawdown or 1% daily loss? Do I lose access to the account?
On a funded real-money account, in the event it has a 4% drawdown from the starting account balance (or starting account balance as of the last payment distribution) the internal risk system will cease access to the funded real-money account and will return the trader to the beginning of Stage 1.
If account reaches 1% daily loss, it may be frozen to overview trading mistakes with the trader, that lead to this drawdown.
What happens if I get 1% daily loss on a funded real-money account?
If a funded account reaches 1% daily loss, it may be frozen to overview trading mistakes with the trader, that lead to this drawdown, and limit the endured losses. This practice proved to be affective and was celebrated by many traders. However this rule does not save you from losses over 1% on overnight trades.
Can you give an example of how withdrawals work?
If a trader takes a funded account from $50,000 to $55,000, the withdrawal amount available will be $3,000 based on the trader’s 60% split [($55,000-$50,000) * 60%], with $2,000 going to the company based on the firm’s 40% split. The account will therefore be reset to $50,000 to count for the distribution of funds.
If I make it through the qualifying stage to a funded real-money account, what are the withdrawal conditions if I am profitable?
For any trader who successfully passes through the qualifying stages and trades profitably on a funded real-money account, withdrawals are available upon request. There is the minimum amount allowed for withdrawal is 6% of the size of the account under management. If profits have been made, you are not obligated to take the entire amount that is available to withdrawal (or any amount) if you would like to use the higher account balance to trade larger amounts. Moreover, we strongly recommend all traders to leave a part of their profit as a protection that could serve as the cushion to ease the losses caused by the unfavorable market moves.
Is there a minimum or maximum amount withdrawal requirement?
All withdrawals have no maximum amount limits.
The minimum amount allowed for withdrawal is 6% of the size of the account under management.
• If the account is $30,000, then the minimum withdrawal amount is $1,800.
• If the account is $50,000, then the minimum withdrawal amount is $3,000.
• If the account is $100,000, then the minimum withdrawal amount is $6,000.
Please note that traders must be above their high-water mark plus 6% or higher before receiving the 60% split of their profits. If, for example, a trader on a $50,000 starting balance draws down to $49,000, no profits can be taken on the account until the balance is back above $50,000.
What is the procedure for profit withdrawal?
Please send us an email to support@try2bfunded.com with the following information:
Try2BFunded Money withdrawal instruction request
Trading Account:
First Name:
Middle Name:
Second Name:
Your residential address:
First line:
Second line:
City:
State:
ZIP code:
Country:
Bank name:
Bank address:
Name on account:
Account number:
Routing number:
SWIFT code:
Amount for withdrawal:
Are there any commissions for withdrawals?
Yes, our bank charges $50 for each withdrawal, and your bank can charge extra commission, please check with your bank.
Can I have multiple accounts open at the same time?
You may have only one (1) account open at a time on the Funded Stage. Please note that if you fail your first funded account, then, after you again successfully complete stage 1 of the qualification procedure, Try2bfunded can issue another account for you. The second funded account will be the last account you can have without need to pay surcharge as described on straight funding page.
What are the trading conditions for the funded account in the event both qualifying stages are successfully passed?
Traders who successfully pass stage 1 of Try2BFunded will get a funded account with an amount equal to their starting paper trading/demo balance. All trading profits thereafter would be split as 60% to the trader (you) and 40% to the company.
Is there a daily turnover requirement on the funded, real-money account?
No, there is no subsequent turnover requirement for the funded, real-money account.
How long does it take to get funded?
It depends on your performance, but minimum is 3-4 trading days.
Can I increase my position size limit?
Yes, position size can be increased individually depending on your trading performance, email us for details.
When can I place my order?
NYSE and NASDAQ are the two main American exchanges, both of which are headquartered in New York City. They are each open Monday through Friday from 9:30 a.m. to 4 p.m. EST. Orders are allowed only within this trading session.
Are commissions/trading fees applicable?
Commission charges are emulated in Stage 0 and Stage 1 of the program, and will be applied on the funded real-money account.
The fees are as follows:
US Markets (NYSE, NASDAQ): $0.01 per share (min $0.21/$0.22 for long/short trade).
Overnight commission for SELL positions: min $0.30 per position.
Why my stop loss orders are rejected?
Please check if you have an active Limit Order. When using Limit Order, you can not set a Stop Loss because execution logic is broken.
How many funded accounts can I have?
You can have only one funded account at the same time. If you fail your first funded account, then after you again successfully complete stage 1 of the qualification procedure, Try2bfunded can issue another account for you. The second funded account will be the last account you can have without need to pay surcharge as described on straight funding page. You can have as many funded accounts as you wish provided surcharge payments as described on straight funding page.
Why my funded account is frozen?
When you hit 1% drawdown in a day, your account gets frozen. If you wish to unfreeze your account, please contact support for proper risk management setup.
Why my funded account is frozen?
When you hit 1% drawdown in a day, your account gets frozen. If you wish to unfreeze your account, please contact support for proper risk management setup.
What happens with a Funded account, if my subscription expires?
When trading on a funded account you will be notified in advance before your subscription expires.
If you fail to pay for subscription on time, and your account becomes inactive, Try2BFunded may close your active trades or account itself.
Straight Funding
What is the Surcharge?
Surcharge is a non-refundable one-time payment that sets the drawdown limit of your Straight Funded Account.
Can I increase drawdown limit of my Funded Account?
Yes, you can add drawdown to your account with a one-time payment. This options is beneficial to traders, that choose to pay a smaller surcharge at the start, but later on want to endure higher drawdowns.
Are the conditions of a Funded and Straight Funded accounts the same?
Yes, they are. However sometimes traders can get individual benefits like free subscription time, increased positions size, fixed total drawdown and more. For details please contact our support team.
What documents are required for funded account?
To open your Funded Account with Try2Bfunded, we need the following documents:
1. valid document to confirm your identity. You can provide a copy of any of the following documents:
- your ID;
- your driving license;
your internal passport (only in case you do not provide a copy of this document to confirm your place of residence).
2. A most recent document dated within last three months to confirm your place of residence. You can provide a copy of any of the following documents:
- utility bills in your name;
- bank statement;
*Please use copies of two different documents to confirm your identity and residence address.
3. А selfie photo with an ID. The face shouldn't be obstructed by the document and the data in the document should be readable (not blurred)
4. А selfie photo with your device, showing your profile on our platform. The face shouldn't be obstructed by the device.
All documents need to be addressed and received before the account can be considered for approval.
What happens if I get to the funded real-money account and have a 4% drawdown or 1% daily loss? Do I lose access to the account?
On a funded real-money account, in the event it has a 4% drawdown from the starting account balance (or starting account balance as of the last payment distribution) the internal risk system will cease access to the funded real-money account and will return the trader to the beginning of Stage 1.
If account reaches 1% daily loss, it may be frozen to overview trading mistakes with the trader, that lead to this drawdown.
Can you give an example of how withdrawals work?
If a trader takes a funded account from $50,000 to $55,000, the withdrawal amount available will be $3,000 based on the trader’s 60% split [($55,000-$50,000) * 60%], with $2,000 going to the company based on the firm’s 40% split. The account will therefore be reset to $50,000 to count for the distribution of funds.
If I make it through the qualification to a funded real-money account, what are the withdrawal conditions if I am profitable?
For any trader who successfully passes through the qualification and trades profitably on a funded real-money account, withdrawals are available upon request. There is the minimum amount allowed for withdrawal is 6% of the size of the account under management. If profits have been made, you are not obligated to take the entire amount that is available to withdrawal (or any amount) if you would like to use the higher account balance to trade larger amounts. Moreover, we strongly recommend all traders to leave a part of their profit as a protection that could serve as the cushion to ease the losses caused by the unfavorable market moves.
Is there a minimum or maximum amount withdrawal requirement?
All withdrawals have no maximum amount limits.
The minimum amount allowed for withdrawal is 6% of the size of the account under management.
• If the account is $30,000, then the minimum withdrawal amount is $1,800.
• If the account is $50,000, then the minimum withdrawal amount is $3,000.
• If the account is $100,000, then the minimum withdrawal amount is $6,000.
Please note that traders must be above their high-water mark plus 6% or higher before receiving the 60% split of their profits. If, for example, a trader on a $50,000 starting balance draws down to $49,000, no profits can be taken on the account until the balance is back above $50,000.
What is the procedure for profit withdrawal?
Please send us an email to support@try2bfunded.com with the following information:
Try2BFunded Money withdrawal instruction request
Trading Account:
First Name:
Middle Name:
Second Name:
Your residential address:
First line:
Second line:
City:
State:
ZIP code:
Country:
Bank name:
Bank address:
Name on account:
Account number:
Routing number:
SWIFT code:
Amount for withdrawal:
Are there any commissions for withdrawals?
Yes, our bank charges $50 for each withdrawal, and your bank can charge extra commission, please check with your bank.
Can I have multiple accounts open at the same time?
You may have only one (1) account open at a time on the Funded Stage. Please note that if you fail your first funded account, then, after you again successfully complete stage 1 of the qualification procedure, Try2bfunded can issue another account for you. The second funded account will be the last account you can have without need to pay surcharge as described on straight funding page.
What are the trading conditions for the funded account in the event qualification is successfully passed?
Traders who successfully pass qualification will get a funded account with an amount equal to their starting paper trading/demo balance. All trading profits thereafter would be split as up to 80% to the trader (you) and 20-40% to the company.
Is there a daily turnover requirement on the funded, real-money account?
No, there is no subsequent turnover requirement for the funded, real-money account.
How long does it take to get funded?
It depends on your performance, but minimum is 3-4 trading days.
Can I increase my position size limit?
Yes, position size can be increased individually depending on your trading performance, email us for details.
When can I place my order?
NYSE and NASDAQ are the two main American exchanges, both of which are headquartered in New York City. They are each open Monday through Friday from 9:30 a.m. to 4 p.m. EST. Orders are allowed only within this trading session.
Are commissions/trading fees applicable?
Commission charges are emulated in Stage 0 and Stage 1 of the program, and will be applied on the funded real-money account.
The fees are as follows:
US Markets (NYSE, NASDAQ): $0.01 per share (min $0.21/$0.22 for long/short trade).
Overnight commission for SELL positions: min $0.30 per position.
Why my stop loss orders are rejected?
Please check if you have an active Limit Order. When using Limit Order, you can not set a Stop Loss because execution logic is broken.
How many funded accounts can I have?
You can have only one funded account at the same time. If you fail your first funded account, then after you again successfully complete stage 1 of the qualification procedure Try2bfunded can issue another account for you. The second funded account will be the last account you can have without need to pay surcharge as described on straight funding page. You can have as many funded accounts as you wish provided surcharge payments as described on straight funding page.
Why my funded account is frozen?
When you hit 1% drawdown in a day, your account gets frozen. If you wish to unfreeze your account, please contact support for proper risk management setup.
Can I have both Standard Funded account and Straight Funding account at the same time?
It does not matter how you gained your Funded Account. You may have only one (1) account open at a time on the Funded Stage.
What will happen to my surcharge if I decide to close my Straight Funded account?
As surcharge is a non-refundable one-time payment, we cannot transfer the left over drawdown amount to your Bank Account. However it may be used to add some subscription time to your qualification account or to increase a drawdown of your future Funded Accounts. BUT each and every request will be viewed individually by our team, and then you will be provided with a decision.
What happens with a Funded account, if my subscription expires?
When trading on a funded account you will be notified in advance before your subscription expires.
If you fail to pay for subscription on time, and your account becomes inactive, Try2BFunded may close your active trades or account itself.
Trading Plans
How long does it take to qualify for a funded account within "trading plans" program?
We publish successful trading plans every day before the trading session. Traders who follow their trading plans and make profit consistently during 10 trading days can be eligible for the Funded Account.
Is it obligatory to fill in a trading plan daily?
You must submit your trading plan for a day before the stock market will open at 9:30am EST at any day you plan to trade.
Should the trading plan be filled in before the trading session?
We highly recommend to prepare strategy and enter your trading plan before the trading session. However you can still enter your plan after the session starts, just make sure that first you plan, then you actually trade – if we notice that you try to fill the plan after your actual trading, we may disqualify you from the challenge.
Do you need to set stop-loss, take profit orders before entering the trade?
In order to follow the plan, it is necessary to set SL and TP levels when you enter the trade (at the same time).
How can I track personal progress with this trading plans program?
Our team gives you personal reports and feedback about the progress that was done with your plan.
How many trades can I make daily according to the trading plan?
You can set as many trades, as you want in your Trading Plan and then trade according to them.
Are profitable trades that were executed apart from the filled in the Trading Plan will be counted into my progress?
Profitable trades that were done apart from inserted in trading plan will NOT be counted into the trader's Trading Plan progress. Please note that if you plan one ticker, but do not actually trade it, you will get 0% plan execution, that will lower your total score.
When can I fill out the plan?
Plans entered on business day by 9:30 am ET are allocated for today's trading session, and if you enter plans after that - we will count them for the next trading session. Putting in the plan and then immediately executing it is not a valid planning, we will not be counting such results.
Please see a detailed video guide for filling out the plan on our youtube channel.
Is there any fee I have to pay to use Funded Account?
Yes. If you qualify via Trading Plan challenge and get a funded account, you'll have to pay the Try2BFunded subscription for the $30,000 account that you'll get. Subscription cost is $100 per month.
Do I have to fill in and follow my plan on a Funded Account?
Yes. When you trade on a funded account which you have won through Trading Plans contest, you must plan and follow your plan. If you will intentionally trade outside of your plan, we will withdraw your funded account.
Trading Platform
Where I can see my account statistics?
You can see the your account progress if you press the button - contest progress (over the portfoli window in bottom-left corner, next to account amount, or you can find it in your personal menu in top-right corner).
Why I can see the message "no orders are allowed at the moment"?
You can place the orders only within trading session 9:30 a.m. to 4 p.m. EST. Orders outside of these hours are not allowed.
Are the overnight/over weekend positions allowed?
We don’t recommend to hold overnight positions but it is allowed.
How long does it take to get funded?
It depends on your performance, but minimum is 3-4 trading days.
Is it possible to use the trading platform with multiple monitors?
Yes it is possible - see tutorial.
Do you have and opportunity to use other platform or trading software?
No, we use only try2bfunded trading platform - trading.try2bfunded.com, that was designed for convenience and transparency of our contest.
Mentoring
What is a mentoring program?
A mentoring program is a way for experienced traders to give others the opportunity to receive mentorship from a senior leader. The connection of expert traders with less experienced or new traders in most cases brings benefit to both parties.
What is the purpose of mentoring program?
The purpose of mentoring is to grow by tapping into the knowledge and experience of someone further along than yourself. The goal is to match experienced professionals with people who could use their guidance.
Who is a mentor?
A mentor is someone who helps you grow your skills, make better decisions, and gain new perspectives on your trading experience. Mentor is personally interested in your success and he is always available for help and advice.
Who is a mentee?
A mentee is someone who is just starting in trading, who is new to stock market who has no professional financial or trading education, but wishes to have a quick and successful start in trading. Even though you will still benefit from reading financial news and doing relevant research, you can also consider recommendations given by your mentor and trade under his guidance to get success quicker.