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Nordic Funder logo

Nordic Funder

1901
CEODavid Nudleman
Country
Sweden
Trust Pilot3.2
Date CreatedNov 2021
Years in Operation4
5.0
5 Total reviews
5
5
4
0
3
0
2
0
1
0
NEW OFFER
0% OFF OFF
Firm logo
Nordic Funder
5.05+
Promo CodeNO Offer

Firm Overview

Broker
Institutional Liquidity Provider (Scandinavian Capital Markets, regulated for around 8 years).
Payment Methods
Credit/Debit Card Crypto PayPal
Platforms
cTraderDXTrade
Payout Methods
Crypto Riseworks

Instruments and Assets

Instrument Type
CFD
Available Assets
FX Crypto Energy Indices Metals Other Commodities

Leverage

AssetsInstant1-Step2-Steps3-Steps
FX
n/a
1:20
1:20
1:20
Metals
n/a
1:20
1:20
1:20
Indices
n/a
1:10
1:10
1:10
Energy
n/a
1:5
1:5
1:5
Crypto
n/a
1:2
1:2
1:2

Commissions

FX
$7 per lot round trip
Metals
$7 per lot round trip
Indices
$0
Crypto
$0
Other Commodities
No Commissions

Consistency Rules

  • No specific consistency rules are listed; the page states 'None' under Consistency Rules.

Firm Rules

  • GENERAL RULES:
  • Minimum Trading Days: There is no minimum trading day requirement.
  • Weekend Holding/Trading (Crypto): Weekend trading is restricted, and all crypto trades must be closed by 15:45 EST; any positions still open at this time will be closed automatically, potentially at an unfavorable price due to thin liquidity at the end of the week. Weekend crypto holding and trading is allowed only if the relevant Add-On is purchased.
  • News Trading: Holding existing positions through a news event is allowed. Opening any new position within 3 minutes before or after a news event is prohibited. Violations may result in profit deduction, leverage reduction, or account termination after repeated breaches.
  • Evaluation Limits: A trader may purchase and participate in only one evaluation of a specific account size and specific plan type at a time, regardless of the trading platform used. For example, a trader can have one 100k One Step Plan and one 100k Two Step Plan active at the same time, but cannot have two 100k One Step Plans on different platforms.
  • Copy Trading Rule: Copy trading is allowed only between accounts owned by the same trader. Group trading, signal services, account passing services, third-party strategies, and expert advisors used for copy trading are strictly prohibited.
  • Expert Advisors (EAs): Expert Advisors are allowed only if they are personally owned by the trader. Third-party or shared EAs are not allowed.
  • Risk Management Rules: 'All-in' trading is not allowed; using all available margin and the maximum lot size on one symbol or on correlated symbols is prohibited. Exploitative strategies that risk the full margin in a single trade are strictly prohibited.
  • Inactivity Rule: Accounts are considered inactive after 30 days without any trading activity.
  • Additional Prohibited Practices: More prohibited practices are detailed in the Nordic Funder Client Terms & Policies.
  • 1-Step Drawdown Lock: Once a trader reaches 6% profit or requests a withdrawal on a funded account, the maximum trailing loss stops trailing the high-water mark and becomes fixed at the starting balance.

Payout Policy

  • Profit Split: Funded traders receive an 80% profit split, which can increase to 90% when the relevant Add-On is used.
  • Payout Frequency: Payouts can be requested once every 30 days.

Restricted Countries

Restricted Countries
Cuba Iran Lebanon Libya Pakistan Russia Somalia Sudan Syria Vietnam
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