Agreement
These Terms & Conditions ("Terms") are a binding agreement between you and the operator of Eiger Funded ("Eiger Funded", "we", "us"), whose company and registration details are published on our Contact page. By creating an account or purchasing any product you confirm that you are at least 18 years old, that the information you provide is accurate, and that you accept these Terms in full. We may update these Terms at any time; continued use of the services after an update constitutes acceptance.
Nature of the Service
Eiger Funded provides simulated trading accounts and performance-based reward programs. All accounts are demo/simulated environments. Eiger Funded is not a broker or investment firm, does not accept client deposits, does not execute trades on real markets on your behalf, and does not provide investment advice. Fees paid are for access to the platform, data and evaluation technology — they are not deposits or investments.
Fees & Billing
Account fees are one-time payments due at checkout, payable by credit/debit card or cryptocurrency. Prices are displayed before purchase and may change at any time for future purchases. Refunds are handled exclusively under our Refund Policy. Initiating a chargeback while an account is active is a material breach of these Terms and results in immediate termination of all accounts.
Trading Rules
The tables below are the complete rule set applied to every funded simulated account, generated from the same configuration that governs the accounts themselves. Breaching any rule below fails the account. There are no warnings, no partial penalties and no soft strikes.
Drawdown
Loss thresholds, measured as a % of the funded account size.
| Max daily drawdown | 3% | Largest drawdown allowed within one trading day, on closed and floating positions. |
|---|---|---|
| Max overall drawdown | 6% | Total equity drawdown, trailed from the account's peak equity. |
Risk management
Position sizing and protective-stop rules.
| Max position size | 100 lots | Largest single position, in lots. |
|---|---|---|
| Max exposure per instrument | 100 lots | Combined open lots allowed on one symbol. |
| Max lot-size variance | 3× | A trade may not exceed this multiple of the account's baseline size. |
| Mandatory stop-loss grace | 10 minutes | Minutes a position may sit with no stop-loss before it breaches. |
Holding & news
When positions may be held or opened.
| No overnight holding — cutoff | 21:00 UTC | Positions still open past this UTC hour breach the account. |
|---|---|---|
| Server rollover window | 21:00–23:00 UTC | Positions may not be opened or closed while spreads and swaps are recalculated. |
| News trading window | 30 minutes | Minutes around scheduled high-impact news when trading is banned. |
| No weekend holding | Enforced | Holding positions while markets are shut fails the account. |
Activity & consistency
Stops a dormant account, and stops a single day carrying the whole result.
| Inactivity limit | 5 days | Idle this many days with no trades and the account fails. |
|---|---|---|
| Max % of profit from one day | 50% | One day may not exceed this share of total profit at the time of a payout request. |
Prohibited strategies
Detected automatically from the trade history — each one breaches the account.
| No high-frequency trading — min hold time | 3 seconds | A closed trade held for fewer seconds than this breaches. |
|---|---|---|
| No grid trading — max concurrent per symbol | 5 positions | More than this many positions open at once on one symbol breaches. |
| No martingale — max size-ups after a loss | 3 | Increasing size after a loss more than this many times in a row breaches. |
| No hedging (opposing positions, one symbol) | Enforced | Holding opposing buy and sell positions on the same symbol breaches. |
Account & Payout Terms
Account & payout terms
The commercial terms of the account, as configured in our systems.
| Evaluation / challenge | None | The account is funded at checkout. There are no evaluation phases. |
|---|---|---|
| Profit split | 80% | Your share of the profit generated on the simulated account. Set at purchase and fixed for the life of the account. |
| Profit target to request a payout | None | There is no minimum profit requirement. Any profit at or above the minimum payout amount can be requested. |
| Payout cycle | 14 days, then 18 | The first payout may be requested 14 days after activation. Each payout after that opens 18 days from the previous one. |
| Minimum payout | $200 | Requests below this amount are not processed. |
| Minimum trading days | 5 | Distinct days on which at least one position was opened, required before a payout. |
| Minimum trades | 5 | Total closed trades required before a payout. |
| KYC | Required before first payout | Identity verification must be completed before the first payout is released. |
| Leverage | 1:100 | Applied to all simulated accounts. |
| Scaling plan | Up to $2M | Performance-based, applied over time. |
| Platform | eTrader | A trading platform supplied by an independent third-party software provider. |
| Payment | Card and crypto | One-time fee, charged at checkout. |
Payout Conditions
A payout may be requested once every payout window, provided all of the following are true:
- The payable amount is at least $200. There is no minimum profit target.
- At least 5 trading days and 5 closed trades on the account.
- No single day accounts for more than 50% of total profit.
- All positions are closed at the time of the request.
- No open or pending rule violations on the account.
- At least 14 days since activation for the first payout, then 18 days from the previous one.
- Identity verification (KYC) completed before the first payout.
- Every request is reviewed against the trade history — profit generated through prohibited strategies is deducted from the payable amount.
We release approved payouts immediately — there is no processing queue and no batch pay day on our side. The time funds take to arrive depends on your bank or on crypto network conditions, which are outside our control, and we therefore do not publish an arrival time.
Restricted Market Windows
- No opening or closing of positions during the server rollover window (21:00–23:00 UTC), when spreads and swaps are recalculated
- No trading inside the 30-minute window around scheduled high-impact news releases
- Trading during periods of extreme low liquidity may be reviewed if execution is not replicable in live market conditions
Account Integrity
- One active funded account per person unless explicitly approved in writing
- IP address and device fingerprint are monitored — the same IP or device across multiple accounts triggers a review
- Use of VPNs, proxies or emulators to mask identity or location is prohibited
- Trade correlation analysis runs on all accounts — mirrored or inverse positions across accounts are treated as group trading
General Rules
- One trader per account — account sharing or selling access is prohibited
- Scalping and intraday styles are welcome within the risk limits — positions must be closed by 21:00 UTC
- Mandatory stop management: every position needs a stop-loss within 10 minutes; reckless full-margin ("all-in") positioning may be flagged as gambling behaviour
- Inactivity for more than 5 consecutive days fails the account
Termination
We may suspend or terminate any account that breaches these Terms or the trading rules above. Breached accounts lose access to the platform and any unpaid simulated profits. You may close your account at any time by contacting support.
Limitation of Liability
The services are provided "as is". To the maximum extent permitted by law, Eiger Funded is not liable for indirect, incidental or consequential damages, including lost profits, arising from use of the services, platform downtime or data-feed errors. Our total aggregate liability is limited to the fees you paid in the 12 months preceding the claim.
Contact
Questions about these Terms: support@eigerfunded.com.