Preview: some prices and rules are still being verified. Always confirm on the firm's site before buying.
Megha Trading

Firm rules compared

The rules that get most accounts breached, summarised in plain English from each firm's own help center. Always check the firm's terms before you trade.

CodeEvery firm below has an exclusive Megha Trading code. Copy it before you check out.

At a glance

Click a firm to jump to its full rules.

FirmNews tradingWeekend holdingEAsCopy tradingMy code
FundingPipsRestrictedRestrictedRestrictedRestricted
20% OFF
Funded Trader MarketsAllowedAllowedAllowedAllowed
75% OFF
Alpha CapitalRestrictedRestrictedRestrictedRestricted
50% OFF
E8 MarketsRestrictedAllowedAllowedAllowed
10% OFF
FundedNextRestrictedAllowedAllowedRestricted
25% OFF
AquaFundedRestrictedAllowedAllowedAllowed
35% OFF
Save with my code
20% OFF
All accounts
Go to FundingPips

Know this first

  1. 1On Master accounts, trades are closed automatically every night unless you buy the Swing add-on.
  2. 2News profits on Master accounts are deducted if the trade was opened less than 5 hours before.
  3. 3Third-party EAs can only manage trades, not trade for you.

Loss limits

Daily loss 2–5% and max loss 6–12% static, depending on the model.

  • 2-Step Standard: 3% or 5% daily, 10% max. 2-Step Pro: 3% daily, 6% max.
  • 2-Step Flex: 4% daily, 12% max. 1-Step Flex: 2% or 3% daily, 12% max.
  • The daily limit is taken from the higher of the day's opening balance or equity.

News trading

Restricted

Free during the evaluation. On Master accounts, profit is deducted from trades opened or closed 5 minutes before to 5 minutes after high-impact news.

  • Trades opened 5 hours or more before the news are exempt.
  • Deliberately trading the news spike can close the account, even in evaluation.
  • Zero accounts: no trades open within 10 minutes of high-impact news.

Overnight & weekend

Restricted

Allowed during the evaluation. On Master accounts, open trades are closed automatically every night unless you bought the Swing add-on.

  • Auto-close runs 21:45–22:00 UTC in winter and 20:45–21:00 UTC in summer. It is not a breach.
  • Zero accounts: holding anything over the weekend closes the account.

EAs & bots

Restricted

Third-party EAs are allowed only as a trade or risk manager.

  • Full automation is allowed only with your own EA and proof that you own it.
  • No EAs at all in the Monthly Competition.

Copy trading

Restricted

Only between your own FundingPips accounts, or from FundingPips out to an external account.

  • Copying signals or other traders into a FundingPips account is banned.
  • Use the investor (read-only) password when you set up the copier.

Consistency rule

Restricted

For On-Demand payouts, no day can be more than 35% of total profit, and you need 7 profitable days (0.5% or more each).

  • Zero accounts: 15% consistency score and 7 profitable days of 0.25% or more.

Minimum trading days

2-Step Standard: 3 days per phase. 2-Step Flex: 1 day per phase. 2-Step Pro and 1-Step Flex: none.

  • Opening and closing a 0.01 lot is enough to count a day on Pro and Flex.

Inactivity

No closed trade in 30 days breaches the account.

  • A trade only counts once it's closed. Leaving one open doesn't reset the timer.

Banned strategies

Not allowed

Hedging, gap trading, HFT, tick scalping, latency arbitrage, opposite-account trading and account management by others.

  • Any of these ends the account immediately.
  • Your IP region should stay consistent. If you trade while travelling, keep proof such as a boarding pass.

Summarised from the firm's help center on 2026-11-03. Rules change often, so check before you trade.

Funded Trader Markets

Official help center
Save with my code
75% OFF
All accounts
Go to Funded Trader Markets

Know this first

  1. 1Keep every trade open for at least 1 minute.
  2. 2On 1-Step Nitro the max loss follows your highest balance until you're 6% up.
  3. 3No single day can be more than 50% of the Nitro target (45% of profit when funded).

Loss limits

Daily loss: 4% of the starting balance (3% on the 300K Nitro). Max loss: 6% trailing on 1-Step Nitro, 10% static on 2-Step Plus.

  • The daily limit resets at 5 PM New York time and includes open trades.
  • Nitro's trailing limit stops moving once you're 6% in profit. It then stays at your starting balance.

News trading

Allowed

Allowed on every program.

  • News scalping (opening and closing within seconds around FOMC, NFP or CPI) is banned.

Overnight & weekend

Allowed

You can hold trades overnight and over the weekend on every program.

EAs & bots

Allowed

Trading bots are allowed on all accounts and phases.

  • Banned bots: HFT, news scalping, tick scalping, arbitrage and bots that exploit the demo server.

Copy trading

Allowed

Trade copiers are allowed as long as the trades are your own.

  • You can copy from your own accounts, even at other firms or brokers.
  • Copying signals or other traders, or running the same bot as another FTM trader, is banned.

Consistency rule

Restricted

1-Step Nitro: your best day can't be more than 50% of the profit target in the challenge, or 45% of total profit when funded. 2-Step Plus: no consistency rule.

  • If you go over, you just keep trading until your best day is back under the limit.

Minimum trading days

1-Step Nitro challenge: none. 2-Step Plus: 3 days per phase. Funded accounts: 5 days before a payout.

  • On funded accounts, only days with at least 0.5% profit count.

Very short trades

Restricted

Trades must stay open for at least 1 minute.

  • Funded: profit from trades under 1 minute is removed (no breach).
  • Challenge: if those trades make over 20% of the target profit, you have to redo the challenge.

Inactivity

30 days without trading can close the account.

  • Planned holidays can be excused if you tell support in advance.

Banned strategies

Not allowed

Hedging or martingale across several accounts, group trading, account management services, arbitrage, HFT and tick scalping.

  • Hedging, martingale and layering are fine inside a single account.
  • Several traders in one household must tell the verification team first.

Summarised from the firm's help center on 2026-11-03. Rules change often, so check before you trade.

Save with my code
50% OFF
1st purchase
Go to Alpha Capital

Know this first

  1. 1Your average trade must last more than 2 minutes.
  2. 2EAs need approval from support, and only on MT5.
  3. 3Funded accounts can't open or close trades 5 minutes either side of high-impact news.

Loss limits

Depends on the plan. Alpha Pro 10%: 5% daily loss and 10% static max loss.

  • Alpha One and Alpha Direct use a trailing max loss that follows your highest balance.
  • The daily limit resets at 00:00 GMT+2.
  • Funded accounts bought after 21 July 2026: max 2–3% open loss on any one asset (1% on Alpha Direct).

News trading

Restricted

Free during evaluations. Funded accounts can't open or close trades 5 minutes before to 5 minutes after high-impact news.

  • Profits from those trades are removed, but the account stays open.
  • Trades opened before the window can stay open.
  • Alpha Swing: 2 minutes either side, and trades must last over 2 minutes.

Overnight & weekend

Restricted

Overnight is allowed on every plan. Weekend holding is allowed on Swing, One and Three, and during Alpha Pro evaluations.

  • Not allowed on Alpha Pro funded accounts or Alpha Direct. On Alpha Pro funded, weekend-trade profits are removed.

EAs & bots

Restricted

MT5 only, and only as trade or risk management tools.

  • Fully automated bots are banned.
  • Every EA needs approval: choose "Enable EA" at checkout and send the file to support.

Copy trading

Restricted

Allowed from your own accounts, after you tell support.

  • Send support the master and slave account numbers before you start.
  • Copying other traders or signals counts as group trading and is banned.

Consistency rule

Check terms

No consistency score is listed in their help center.

Minimum trading days

Alpha Pro, Swing and Three: 3 days per phase. Alpha One: 1 day.

  • There's no maximum time limit.

Very short trades

Restricted

Your average trade must last more than 2 minutes.

  • At least 50% of the profit must come from trades longer than 2 minutes.
  • Break it in evaluation and you restart from Phase 1. Funded: profits are removed.

Inactivity

30 days without trading closes the account for good.

  • Logging in doesn't count. You need to place a trade.

Banned strategies

Not allowed

Arbitrage, HFT, latency trading, hedging across accounts, position spamming, signal following and account management.

  • Hedging inside one account is allowed, but not to lock in a price.

Summarised from the firm's help center on 2026-11-03. Rules change often, so check before you trade.

Save with my code
10% OFF
All accounts
Go to E8 Markets

Know this first

  1. 1E8 Pro only counts 2% profit per day toward your target and payouts.
  2. 2On E8 One funded accounts, no trading 5 minutes either side of high-impact news.
  3. 3More than half of your trades can't be closed in under a minute.

Loss limits

E8 One: 4% daily loss and 6% trailing max loss. E8 Pro: 2.5% daily loss and 6% static max loss (default settings).

  • You can change the drawdown at checkout, and the price changes with it.
  • E8 One's trailing limit moves up only when you close a profit, and stops at your starting balance.
  • E8 Pro has a 2% daily profit cap: you can make more, but only 2% a day counts.

News trading

Restricted

E8 Pro: allowed at all times. E8 One: free in the challenge, but funded accounts can't open or close trades 5 minutes before to 5 minutes after high-impact news.

  • Profits from E8 One trades in that window are removed when you request a payout.
  • Only the instruments affected by the news are restricted.

Overnight & weekend

Allowed

Overnight and weekend holding are allowed on E8 One and E8 Pro.

  • On E8 Signature, every trade is closed at 23:00 server time.

EAs & bots

Allowed

Any EA is allowed, as long as other traders aren't running the same one.

  • E8 recommends using your own EA, since shared EAs can get accounts closed.

Copy trading

Allowed

Allowed between any accounts that belong to you, at E8 or elsewhere.

  • Copying other traders, trading as a team or using signal services is banned.

Consistency rule

Restricted

E8 One funded accounts: no single day can be more than 40% of your total profit. E8 Pro: no consistency rule.

  • E8 Pro payouts need at least 1% profit, and you can request one every day.

Minimum trading days

None. You can pass in a single day, with no time limit.

Very short trades

Restricted

No more than 50% of your trades can be held for under 1 minute.

  • Max 50 lots per order (20 on gold), 100 open orders, and 2,000 trades per day.

Inactivity

Place and close at least one trade every 60 days, or the account is closed.

  • Even a 0.01 lot trade counts.
  • Tell support before a long trip.

Banned strategies

Not allowed

Hedging across accounts (even your own), risking your whole daily limit on one trade, team trading and signal services.

  • Hedging inside one account is allowed.
  • One profile per person, and the allocation limit is shared by everyone in the same household.

Summarised from the firm's help center on 2026-11-03. Rules change often, so check before you trade.

Save with my code
25% OFF
New customers
Go to FundedNext

Know this first

  1. 1Trades closed within 30 seconds can't make 30% or more of your profit.
  2. 2On funded accounts, only 40% of news-window profit counts.
  3. 3Keep the same style when funded: don't switch between EA and manual trading.

Loss limits

Stellar 2-Step: 5% daily loss and 10% max loss, both from the starting balance.

  • The daily limit resets at 00:00 server time and counts open trades, swaps and fees.
  • Funded accounts: your total open risk can't go over 3% of the starting balance at any time.

News trading

Restricted

Free during challenges. On funded accounts, only 40% of the profit counts from trades opened or closed 5 minutes before to 5 minutes after high-impact news.

  • It only applies to news that affects the symbol you trade.
  • Losses in that window stay fully on your account.

Overnight & weekend

Allowed

Overnight and weekend holding are allowed on Stellar accounts.

  • Swaps are charged and count toward the daily loss.

EAs & bots

Allowed

EAs are allowed.

  • Don't pass with an EA and then trade manually on the funded account, or the other way round.
  • HFT, grid, tick-scalping and latency bots are banned.

Copy trading

Restricted

Only between your own challenge accounts, up to $300K in total.

  • Not to or from funded accounts, and never with other people.
  • Cloud copiers such as Social Trader Tools or Duplikum are banned.

Consistency rule

Restricted

For On-Demand payouts, your best day can't be more than 40% of total profit.

  • Keep the same strategy, assets and risk size when you move from challenge to funded.

Minimum trading days

Stellar 2-Step: 5 trading days per phase, with no time limit.

Very short trades

Restricted

Quick Strike: profitable trades closed within 30 seconds can't make 30% or more of your profit.

  • You get a warning at 20%.
  • Challenge: progress is paused until you're back under 30%. Funded: that profit is removed.

Inactivity

No trade for 30 days and the account is deactivated.

  • Weekends and holidays count toward the 30 days.

Banned strategies

Not allowed

Grid trading, arbitrage, tick scalping, HFT, hedging across accounts, account rolling and account management by others.

  • Also banned: more than 200 trades in a day, and trading the 00:00–02:00 settlement window.
  • Hedging inside one account is allowed.

Summarised from the firm's help center on 2026-11-03. Rules change often, so check before you trade.

Save with my code
35% OFF
All accounts + 200% refund
Go to AquaFunded

Know this first

  1. 1WaveStop: on funded accounts, if your open trades hit −2%, everything is closed and your split drops to 50%. A second time ends the account.
  2. 2Profit from trades around high-impact news is capped at 0.5% of the account per payout cycle.
  3. 3Never use more than 80% of your margin on a single trade.

Loss limits

Depends on the model. 1-Step Standard: 3% daily, 6% trailing. 2-Step Standard: 5% daily, 8% static.

  • 1-Step Flex: 3% daily, 12% static. 2-Step Pro: 5% daily, 10% trailing. 2-Step Elite: 4% daily, 12% static.
  • The daily limit resets at 00:00 UTC from the higher of balance or equity.
  • WaveStop on funded 1-Step Standard, 2-Step Standard and 2-Step Pro: open trades are all closed at −2%.

News trading

Restricted

Allowed, but profit from trades opened or closed 5 minutes before to 5 minutes after high-impact news is capped at 0.5% of the starting balance per payout cycle.

  • Anything above the cap is removed, with no breach.
  • FOMC speeches and statements count too.

Overnight & weekend

Allowed

You can hold trades overnight and over the weekend, with no restrictions.

EAs & bots

Allowed

EAs are allowed if they're part of your own strategy.

  • No max lot size, and no stop loss required.

Copy trading

Allowed

Allowed between your own accounts: AquaFunded to AquaFunded, funded to evaluation, or to and from external accounts.

  • The accounts must all be legally yours.

Consistency rule

Allowed

None on the 1-Step and 2-Step challenges listed here.

  • Instant funding has one: 15% on Standard and 20% on Pro. 1-Step Pro has one too.

Minimum trading days

1-Step Standard, 2-Step Standard and 2-Step Elite: 3 days. 1-Step Flex and 2-Step Pro: none in the evaluation, 3 days when funded.

  • Only days with at least 0.5% profit count.
  • No time limit.

Very short trades

Restricted

Trades held under 2 minutes can be treated as tick scalping.

  • On funded accounts, profit from those trades may be removed.

Inactivity

Place at least one trade every 30 days, or the account is breached.

  • The clock starts from your first trade.

Banned strategies

Not allowed

Tick scalping, HFT, arbitrage, delayed data feeds, and using more than 80% of your margin on one trade.

  • Profits from trades over the 80% margin limit are deducted.
  • Hedging inside one account and martingale are allowed.
  • Don't change the platform password they send you.

Summarised from the firm's help center on 2026-11-03. Rules change often, so check before you trade.