WHAT IS H FUNDS?

H FUNDS is a project which is looking for experienced traders. We developed a simple 2-step evaluation program. These two steps consist of a Simple Challenge and Verification. Upon successful completion, traders are offered a funded account, where they can get up to 1,000,000 USD and continuously scale their account up to 2,000,000 USD. You are eligible to keep up to 90% of the gains you generate. 

IS H FUNDS A SERIOUS COMPANY?

We have more than 15 years of combined experience in the trading industry, we know that reputation is the most valuable aspect of this business. The best way to find out whether a company is legitimate is to simply look at what others have to say on the internet. Our mission is to provide the best products, services, and support to our members and help thousands of traders have access to a funded trading account.


WHERE IS YOUR OFFICE? HOW DO I CONTACT YOU?

We are headquartered in Hollywood; Florida and our office is located at Hollywood’s Presidential Building. The address is 4000 Hollywood Blvd, Hollywood, Fl 33321. If you wish to visit us, let us know in advance so we can inform our reception and we will be happy to meet up with you. You can also contact us by filling out the contact form, or sending us an email or message via WhatsApp, all of these can be found in the contact section.


WHO CAN JOIN H FUNDS?

If you know how to trade profitably and with proper risk management, that is all we care about. We accept traders from all around the world. There is no special qualification required. All clients must be at least 18 years old. Please note that we can't take clients from OFAC-sanctioned countries.


HOW DO I BECOME A FUNDED TRADER?

To become a Funded Trader, you will have to pass our 2-Phase Evaluation Process.

Phase 1: Evaluation
You will have access to a demo account where you will have to trade according to our rules. There is no time limit and no minimum days, just simple and realistic objectives that you will need to achieve to move to the second and final phase of the evaluation.

Phase 2: Verification
You will have access to a demo account again where you will have to trade according to our rules. There is no time limit and no minimum days, just simple and realistic objectives that you will need to achieve to complete these phase.

After you successfully pass the Verification stage, you will have access to a funded account after passing our review of your trading. To conclude a contract for your Account, we will ask you to provide your ID document (passport, national ID card, or driving license) and complete your identification. The conclusion of the contract is dependent on the finalization of identification procedures in accordance with internal policies. We reserve the right to deny the contract concerned, in that case, a refund will be issued.


HOW LONG DOES IT TAKE TO BECOME A FUNDED TRADER?

There is no time limit or minimum trading days, just complete the objectives as soon as you can and complete the 2 phases. Most of the Prop firms have 30 days and 60 days challenges with minimum trading days. We make this process very simple and achievable to help as many traders as possible access a funded account.


WHEN DOES MY EVALUATION BEGIN IN PHASE 1?

Your evaluation begins as soon as you place your first trade.


WHAT ARE THE PHASE-1 RULES AND OBJECTIVES?

Our Simple Challenge is the first step of our Evaluation Process. Before we allow you to trade a funded Account connected, we need to be sure you can trade responsibly and manage risk properly. The H FUNDS Challenge stage has reasonable rules, where the Profit Target and drawdown are realistic. We call these rules Trading Objectives.

Time Limit: NO
Minimum Trading Days: NO
Phase 1 Target: 8% of the initial balance.
Max Loss: 6% of high mark balance.
Max Daily Loss: 3% of the previous day's balance.
Expert Advisors (EA): YES
Scalping: YES
Leverage: 30:1
Hold Over Weekends: NO
Stop Loss Requires: OPTIONAL
Trading News: YES


WHAT ARE THE PHASE-2 RULES AND OBJECTIVES?

This Phase is the Verification Process. Before we allow you to trade a funded Account connected, we need to be sure you can trade responsibly and manage risk properly. 

Time Limit: NO
Minimum Trading Days: NO
Phase 2 Target: 4% of the initial balance.
Max Loss: 6% of high mark balance.
Max Daily Loss: 3% of the previous day's balance.
Expert Advisors (EA): YES
Scalping: YES
Leverage: 30:1
Hold Over Weekends: NO
Stop Loss Requires: OPTIONAL
Trading News: YES


WHAT ARE THE FUNDED ACCOUNT RULES AND OBJECTIVES?

As a funded trader, you will have access to trade a live account and keep 90% of the gains. To ensure you are not stressed by chasing any targets, we have completely removed the Profit Target requirement to give you the freedom to trade with peace of mind. We only require you to respect the drawdown rules (Maximum Daily Loss and Maximum Loss), which are the most important rules we care about.
 
Time Limit: NO
Minimum Trading Days: NO
Max Loss: 6% of high mark balance.
Max Daily Loss: 3% of the previous day's balance.
Expert Advisors (EA): YES
Scalping: YES
Leverage: 1:30
Hold Over Weekends: NO
Stop Loss Requires: OPTIONAL
Trading News: YES


ONE PHASE RULES AND OBJECTIVES? Before we allow you to trade a funded Account connected, we need to be sure you can trade responsibly and manage risk properly. The H FUNDS Challenge stage has reasonable rules, where the Profit Target and drawdown are realistic. We call these rules Trading Objectives.


Time Limit: NO
Minimum Trading Days: NO
1 Phase Target: 6% of the initial balance.
Max Loss: 4% of high mark balance.
Max Daily Loss: 2% of the previous day's balance.
Scalping: YES
Leverage: 20:1
Hold Over Weekends: NO
Stop Loss Requires: NO
Trading News: YES


ONE PHASE FUNDED ACCOUNT RULES AND OBJECTIVES As a funded trader, you will have access to trade a live account and keep 90% of the gains. To ensure you are not stressed by chasing any targets, we have completely removed the Profit Target requirement to give you the freedom to trade with peace of mind. We only require you to respect the drawdown rules (Maximum Daily Loss and Maximum Loss), which are the most important rules we care about.


Time Limit: NO
Minimum Trading Days: NO
Max Loss: 4% of high mark balance.
Max Daily Loss: 2% of the previous day's balance.
Scalping: YESLeverage: 1:20
Hold Over Weekends: NO
Stop Loss Requires: NO
Trading News: YES


HOW DO YOU CALCULATE THE DAILY LOSS LIMIT?

Daily Loss Limit is calculated based on the previous day’s end of the day (5 pm EST) balance. Example: If your prior day’s end-of-day balance was $1,000,000 you would breach the Daily Loss Limit of 3% should your equity the next day fall to $970,000.


HOW DO YOU CALCULATE THE MAX LOSS LIMIT?

The maximum total drawdown is 6%. Therefore, the equity of the account must not fall below 94% of the initial account balance both for open and closed positions, including commissions and swaps. Any violation of the rules above will result in the termination of your trading account, and you will not be eligible to move forward in the program with that account.


CAN I TRADE NEWS?

During the 2 phases as well as in the funded account you can trade during the news. But we highly recommend avoiding trading during those periods of high volatility due to the risk involved.

CAN I USE EXPERT ADVISORS (EA)?

Yes. You can use EA during the 2 phases as well as in the funded account. We reserve the right to monitor your trading accounts and strongly recommend avoiding the use of EAs that automatically places the trades.


CAN I USE SCALPING?

Yes. You can do scalping, but we recommend you have specific trading rules and strategies. Most of the losses in trading are due to not having a trading plan based on specific parameters. 


CAN I USE A TRADE COPIER?

Traders are permitted to use their account as a master account, enabling you to copy it into your personal account we recommend Social Trader Tools to manage multiple personal accounts. Traders are NEVER allowed to copy trades to other people’s accounts. If the trader uses any type of copy trading service, provided by a third person or company it will be considered a violation/breach.


CAN SOMEBODY ELSE TRADE MY ACCOUNT?

NO. Only the owner of the challenge or Funded Account can trade the account. All trades taken on your account must be placed by the owner of the account otherwise will be considered a violation/breach and the account will be closed.


DO I NEED TO USE STOP LOSS?

You can add the option to not use stop loss, otherwise every trade must have a stop loss at the time it gets placed. Trades without a stop loss will be automatically closed. Unless you select the add on "No Stop Loss" with an additional cost due to the risk involved.


CAN I HOLD A TRADE ON WEEKENDS?

NO. Every single trade must be closed before 3:45 pm EST on Friday. Any trades left open after this time will automatically be closed. Note, that this is only a soft breach, and you will be able to continue trading once the markets reopen.


WHAT IS THE LEVERAGE?

Forex/Metals 30:1 
Indices: 10:1
Leverage is the most wrong used and misunderstood concept in the trading industry. 99.9% of the traders that burn their accounts have the same common mistake, overleveraged. We recommend not risking more than 1% or 2% per trade to avoid a big loss. Controlling your emotions, and having realistic expectations and objectives will help you succeed as a trader. 


HOW MANY LOTS CAN I TRADE? (MAX LOTS WITH RISK)

Below are the maximum open lots across all pairs that a trader can have at any given time.

$25K   - 2.5 lots with risk
$50K   - 5 lots with risk
$100K - 10 lots with risk
$250K - 25 lots with risk
$500K - 25 lots with risk
$1M     - 25 lots with risk

For example, if you are in the $100k plan, you will be able to have 10 open lots with risk available. Please note, that margin and leverage requirements still apply. So, even though these are the maximum lots that can be traded, it is possible based on the leverage of the account that you may not be able to trade up the maximum.


HOW DO I SET UP THE TRADING TERMINAL?

Follow the instructions in the welcome email.

Once you have downloaded the client terminal, please log in on the terminal using the account login details that we provide to you, and you should be able to trade!


WHERE DO I TRACK THE PROGRESS OF MY ACCOUNT?

Upon purchasing a Challenge, you will receive access to a trader dashboard where you can monitor your Challenge and Funded accounts. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.


WHAT COUNTRIES ARE ACCEPTED?

All countries, excluding OFAC-listed countries, can take part in our program.


WHAT IS THE MINIMUM AGE TO JOIN THE PROGRAM?

You must be at least 18 years of age to purchase an assessment.


WHAT IS THE TRANSITION PROCESS FROM PHASE-1 TO PHASE-2?

Once completing Phase 1 of the Simple Challenge, your account will be briefly reviewed by our team, and you will receive credentials to begin Phase 2 within 24 to 48 hours.


I PASSED THE  CHALLENGE, NOW WHAT?

After passing Phase 2 of the Simple Challenge, you will receive an email confirmation notifying you that you have passed. Your challenge status on your dashboard will also be marked as “Passed”. Your next steps will be to verify Your Identity: you will receive an email after passing the challenge with a link to verify your identity by submitting a government ID and proof of address dated within the last 60 days. Click the link in that email and follow the process to submit your verification documents. Sign Trader Agreement: once we have received confirmation that you have passed KYC, a separate email will also be sent to you with the ability to sign the Trader Agreement. Our team will perform the necessary procedures to review your challenge accounts and create your funded account. 
 

HOW LONG DOES IT TAKE TO RECEIVE MY FUNDED ACCOUNT?

We work with a company called Deel to issue trader agreements and process withdrawals of profits. Upon passing your Assessment, you will receive an email with instructions on how to access and complete your Trader Agreement. Once the agreement is completed and supporting Know Your Customer documents are provided, your Funded account will be created, funded, and issued to you typically within 24-48 business hours.


WHAT IS THE SCALING PLAN PROCESS?

The scaling plan allows funded traders to grow their account size based on consistent performance, allowing them to increase their potential payouts over time by adding 25% of their initial account balance to the balance of their funded account. Funded accounts are reviewed every 4 months. If a trader has been profitable for 4 consecutive months with a minimum return of 10% every month, then they become eligible for an account size increase equal to 25% of their original account balance. You can scale your account all the way to $2M.


WHEN CAN I WITHDRAW PROFITS FROM THE FUNDED ACCOUNT?

You can withdraw your first profit 10 days after you made your first trade on the funded account. Other withdrawals may be made every 15 days from that date. You must not have any open trades when you request the withdrawal. At the time of any withdrawal request, we will also withdraw our share of any profits earned.


HOW DO I WITHDRAW MY PROFITS?

When you are ready to withdraw your earnings, you can request them through your Virtual Office/Dashboard.


IF I DON'T PASS THE EVALUATION PHASES, CAN I BUY ANOTHER ATTEMPT?

Yes, unless you have any violation of the Terms and Conditions.


WHAT HAPPENS IF I VIOLATE A RULE?

Upon violating a daily drawdown or max drawdown rule, your account will automatically be breached by our evaluation technology and be placed into read-only. Your Dashboard will reflect this violation by changing the account status to "Failed". To get another chance at the evaluation, another account must be purchased on our website. Upon passing the evaluation, if any violations are found such as a breach of our Terms of Use or abuse of the trading environment in any way, a member of our Team will contact you and notify you of your violation, and your account will be manually breached and placed into read-only. Just as with the daily or max drawdown violations, the account status will change to "Failed". To get another chance at the evaluation, another account must be purchased on our website.


HOW ARE TAXES HANDLED?

When trading a Funded account, you are treated as an independent contractor. As a result, you are responsible for all taxes on your gains. We recommend consulting a professional accountant in your country regarding any taxes law that may apply to you.