Three rules that separate a trader from a gambler, and no consistency rule. Your daily and maximum drawdown limits sit underneath them, the same as anywhere else.
You can’t hold a buy and a sell on the same pair at once. That includes across 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 accounts involved. Trading many different pairs is still fine.
This can breach your account.Close a trade by hand faster than that and you get one warning with the profit removed; do it again and the account ends. A take-profit or stop-loss under 60 seconds gives 4 warnings, profit removed each time, then ends the account on the 5th.
A manual fast-close breaches straight away.Your open trades can lose at most 1.5% of your account at once, commission included: $75 on a $5,000 account. Reach that and the account ends. Close losers early.
Checked live, like your drawdown.If your target is $1,000, one trade can count up to $600 toward it. Go over and the trade’s entire profit is removed, not just the amount over, and noted on the trade in your history. It never breaches you.
Checked only when you close the trade.1-Step and 2-Step: one trade on any 3 days. Cobra Prime: 7 trading days, and 5 of them green, meaning your closed trades that day finish in net profit. Cobra Venom needs zero days.
This rule can never breach your account.The standard loss limits every funded account has. Both are equity-based, so open trades count too.
Resets each day from your starting balance. 4% on Cobra Venom and 1-Step, 3% on Cobra Prime, 8% on 2-Step. Cross it and the account breaches.
The hard floor from your starting balance. It never resets. 6% on Instant and 1-Step, 12% on 2-Step.
Measured on equity, so floating profit and loss count. Cross either line even for a second and the account breaches. Exact numbers for every size are on the accounts page.
No martingale rule, no grid rule, no consistency rule. Trade however you want, inside your limits. We never breach you for profit.
Cobra Venom: no. Cobra Prime: yes. 7 trading days and 5 green days before the first payout request, then requests open every day. 1-Step and 2-Step evaluations need 3 active trading days.
A trading day (00:00 UTC to 00:00 UTC) where the trades you closed that day add up to a net profit after commission. Open trades do not count until they close. Only Cobra Prime uses it, and only to decide when your first payout opens. It never breaches an account.
Equity. Open trades count, so floating profit and loss affect your breach status in real time.
Your profit or withdrawal target, not account size. A $1,000 target means one trade counts up to $600 toward it. Profit above that is removed at close and noted on the trade in your history.
Yes, both are allowed. Drawdown limits still apply, and weekend gaps count toward equity.
No. One trade can carry most of your result. The only limit on profit is the 60% single-trade cap, and that is a counting cap, not a breach.
Your open trades can lose at most 1.5% of your account at the same time, and the commission on those open trades counts toward it. On a $5,000 account that is $75. We check it live, the same way your drawdown is checked, so close a losing trade early instead of holding and hoping.
No. You can’t hold a buy and a sell on the same pair at the same time. One direction per pair. That also applies across your own accounts: holding 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 accounts involved. Trading many different pairs at once is fine.
No, but it is strongly recommended. The 1.5% floating loss limit is checked live while your trades are open, so a stop loss is the easiest way to keep your open loss under the line while you are away from the screen.
Your daily and maximum drawdown limits are measured on equity, so a gap that moves your equity counts. The 1.5% floating loss limit is also live. Leave room under the limits before major news rather than relying on a stop being filled at the exact level you set.
Your account starting size. $500 account, $7.50. $5,000, $75. $10,000, $150. The separate 60% counting cap is measured on your target, not balance.
Trading must be placed manually. Automated bots and EAs are reviewed before payout. Copy trading is not allowed.
No. One account holder, one strategy. The same or opposite positions across several FundedCobra accounts, yours or anyone else’s, count as mirroring. That includes signal groups and account sharing. Linked accounts are treated as one: payouts are declined and the accounts are closed. Payouts only go to a wallet in your own verified name.
The account status becomes breached, open positions are closed, and further trading is stopped.
Every rule that can breach your account is on this page. No hidden rules, no surprises at payout.
Compare every account before you pay.
