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Help Center Account types Diwali free accounts

Diwali free accounts

Updated 30 October 2026

Buy a Cobra Venom from $1,250 until 9 November 2026, 23:59 India time, and 2 free accounts come with it. Your paid account keeps the normal Cobra Venom rules. This page covers the free accounts, which have their own rules.

Which rules does my free account have? It depends on when it was delivered, not when you ordered. Delivered from 30 October 2026, 13:19 India time: the rules on this page. Delivered before that: it keeps what it has until it ends. Your Trading accounts page shows the date and the payouts left.

Overview

RuleFree account
Lasts7 days from the day it arrives
Payouts1: up to 2% of the account comes off, you receive 80% of that ($20 on a $1,250)
Withdrawal target5%
Before the first payout3 profitable days (at least 0.5% each)
Daily loss limit4%
Maximum loss6%
Open-loss limit1%. Reaching it ends the account
Max Profit Per Trade40% of the target
MartingaleNot allowed
Same directionNo more than 3 trades in a row on a pair. The 4th ends the account
Minimum trade time60 seconds
Hedging the same pairNot allowed
LeverageForex 1:30, metals 1:10

Every size in dollars

AccountTarget 5%Daily 4%Max 6%Open loss 1%Profitable dayPer trade capComes off the accountTo you (80%)
$1,250$62.50$50$75$12.50$6.25$25$25$20
$2,500$125$100$150$25$12.50$50$50$40
$3,500$175$140$210$35$17.50$70$70$56
$5,000$250$200$300$50$25$100$100$80
$9,000$450$360$540$90$45$180$180$144

What you get

You buyFree with it
Cobra Venom $500No Diwali offer
Cobra Venom $1,2502 free $1,250 accounts
Cobra Venom $2,500A free $2,500 and a free $1,250
Cobra Venom $3,500A free $3,500 and a free $1,250
Cobra Venom $5,000A free $5,000 and a free $1,250
Cobra Venom $9,000A free $9,000 and a free $1,250

Nothing to claim or type. Cobra Prime and Cobra Strike are not part of this offer. This table is for orders placed from 28 October 2026, 00:55 India time. Older orders keep the number and sizes of free accounts they were sold.

How the accounts arrive

One at a time. The paid account comes first and never expires. When it breaches, the free same-size account arrives. When that one breaches or its 7 days end, the free $1,250 arrives. If your paid account never breaches, you keep trading it and the free ones wait. Each login is emailed and appears on your Trading accounts page.

Payouts: one payout

One payout. Up to 2% of the account comes off, you receive 80% of that ($20 on a $1,250). You need the 5% target and your 3 profitable days first.

Example
$1,250 free account. Reach the $62.50 target with 3 profitable days of at least $6.25. Up to $25 comes off the account, and you receive $20.

Orders with up to 2 payouts. Orders placed from 28 October, 00:55 to 29 October, 17:20 India time can have up to 2 payouts. Each one: up to 2% of the account comes off, you receive 80% of that.

Payouts are paid in USDT on the TRON network (TRC-20) to your own wallet. The address starts with T. KYC must be approved first.

A request does not lock in your profit. It is judged on the account as it is when the team approves it: the profit must still be at the target, the amount must still fit, and there can be no open trades or pending orders.

Payouts are processed within 24 to 48 hours of the request. Requests placed on Friday night, Saturday or Sunday are often processed on Monday.

Profitable days: 3

A profitable day is a trading day whose closed trades net at least 0.5% of the account after commission. You need 3 before the first payout.

Example
$1,250 account: 0.5% is $6.25. A day with $7 of closed profit counts.

Open-loss limit: 1%

All your open trades together can't be down 1% of the account at once. Reaching it ends the account.

Example
$1,250 account: the limit is $12.50.

Martingale: not allowed

Don't open a trade twice as big or more right after a losing trade on the same pair. You get 2 warnings a day; the 3rd ends the account.

Example
You lose on 0.05 lots of XAUUSD, then open 0.10 lots of XAUUSD: that is one warning.

Same-direction trades: 3 at most

Don't open 4 trades in a row in the same direction on the same pair. You get a warning at 3. The 4th ends the account.

Max Profit Per Trade: 40% of the target

How it's calculated. 40% of your withdrawal target. One trade may not earn more than that. It never ends the account.

If a trade's open profit touches the cap at any moment, the whole profit of that trade is removed when it closes, even if it closes lower. Not only the part above the cap. You get a warning on screen shortly before the cap. Several partial closes of one trade count as one trade.

Example
Target $62.50, so the cap is $25.
A trade closes at +$20 and never touched $25: you keep all $20.
A trade touches +$25, then you close it at +$15: the whole $15 is removed. The account stays open.

Minimum trade duration: 60 seconds

Hold every trade for at least 60 seconds. This has applied since 20 August 2026.

  • You close by hand in under 60 seconds. The first time, the trade's profit is removed and you get a warning. The second time, the account ends.
  • A take-profit or stop-loss closes it in under 60 seconds. The trade's profit is removed and you get a warning, up to 4 warnings. The 5th time, the account ends.
  • The platform closes it on a margin stop-out. This never counts.

No hedging

You can't hold a buy and a sell on the same pair at the same time. Reaching that position ends the account. Trading many different pairs at once is fine.

This also covers your own accounts. A buy on one of your accounts and a sell on the same pair on another of your accounts, at the same time, breaches all the accounts involved. Holding the same direction on several of your own accounts is allowed.

Leverage

Forex 1:30, metals 1:10. Everything else as Cobra Venom. Lower leverage means the same lot size uses more margin.

Older orders

The number and sizes of free accounts did not change. What changed on 30 October 2026, 13:19 India time is the rules for free accounts delivered from then on.

Order placed (India time)Free accounts
From 28 October, 00:55One same size + one $1,250
27 October, 22:12 to 28 October, 00:55$1,250: a free $500 (buy 2: also a free $1,250). Bigger sizes bought as 2: a free $1,250 (two on $9,000)
Before 27 October, 22:122 free $1,250 (on a $3,500 before 20 October, 14:13: 2 free $3,500)

Paid accounts did not change.

Resets. A reset bought with a Venom is a normal account: same size, no time limit, no payout limit. It comes after the paid account and before the free ones.

Not allowed on any account

We check for these before every payout. If one is found, the payout is declined and the account is closed.

  • Arbitrage of any kind: latency, price-feed or broker-to-broker.
  • Tick scalping: opening and closing many trades within seconds to catch feed delays or glitches.
  • Bots and EAs. Every trade must be placed by hand.
  • Copy trading between different people, signal groups, account sharing, or letting someone else trade your account.
  • Hedging your FundedCobra account against an account at another firm or broker.
  • Using an obviously wrong price or a platform error. Those trades are removed.
  • Posting false claims about FundedCobra, or threatening to, to pressure a payout decision.

Refunds

The account fee is one-time and is not refundable, on any account type, whether or not the account was logged into, traded, passed or breached. Payouts are your share of profit; the fee is not returned with them.