Explanation of the rules and trading criteria we look for in a sports trader
At The Funded Sports Trader, we offer a dynamic and evolving range of sports and markets for our traders to engage with. Traders have the exciting opportunity to trade on a variety of sports listed below:
We’re committed to continuously enhancing your trading experience. As such, we have phased out releases planned that will introduce additional sports and markets. These expansions will be part of our ongoing roadmap, allowing you to diversify your trading portfolio and explore new opportunities in the world of sports trading.
If you have any questions or need further information, please don’t hesitate to contact our support team. Your success is our priority, and we’re here to support you every step of the way. Happy trading!
In the event that a trade is executed in a market with insufficient liquidity, where the trade cannot be replicated or offset due to a lack of available counterparties or market depth, profits from that trade will not be paid out. To qualify for profit payment, trades must be conducted in a sufficiently liquid market where the position can be accurately copied or closed without significant difficulty. If the market conditions prevent the replication or offsetting of the trade, the profit associated with such a trade will be deemed non-payable.
In order to become an TFST Trader, you will have to pass our 2-step Evaluation Process.
A demo account where you will have to trade according to our rules. You will have superior account conditions in the form of our own TFST account solution with no commissions and optimal liquidity / trading fulfillment. If you manage to pass all requirements, you will proceed to the second and final step of the evaluation.
A demo account whereby you verify your performance and consistency one last time. The rules in the Verification stage are slightly easier than the challenge. For a detailed explanation of the rules, please visit the Challenge Objectives site.
After you successfully pass the Verification stage, you are to become a Funded Sports Trader after passing our review of your trading. To conclude a contract for your TFST Account, we will ask you to provide identification documents (passport, national ID card, or driving license) to perform a KYC (Know Your Customer) or KYB (Know Your Business) check to complete the verification.
The conclusion of the contract is dependent on the finalization of identification procedures in accordance with the TFST internal policies. TFST does not provide services to persons listed on sanction lists, people with gambling issues, persons with criminal records related to financial crime or terrorism, persons below 18 years of age, company trusts, and persons previously banned because of breach of an TFST Account Agreement. In case any of the above-stated reasons are detected after an TFST Account Agreement between TFST and customer has been concluded, TFST reserves the right to terminate the contract concerned.
Note we don’t grant an TFST Account based on any past track record.
In Phase 3 you have the option to roll over your profits every 30 days and pad your drawdowns. For instance, if you start with a $10,000 normal challenge and make a $1,000 profit and choose to rollover these profits, increasing your balance to $11,000, your daily drawdown limit will increase to $1,100 (10%), and your overall drawdown limit will increase to $1,650 (15%). This means you can not dip your account to or below $9,350. This adjustment ensures that your drawdown limits remain proportional to your account balance, allowing for more flexibility as you trade.
Your daily and overall drawdown limits are fixed. For example, if you start with a $10,000 normal challenge, your daily drawdown limit is 10% ($1,000), meaning you cannot lose $1,000 or more in a single day. Your overall drawdown limit is 15% ($1,500), meaning your account cannot reach $8,500 at any given point. These values remain constant and do not change, regardless of any profit you make during these phases.
Your drawdown limits are still based on the same percentages. However, you have the option to roll over your profits every 30 days and pad your drawdowns. For instance, if you start with a $10,000 normal challenge and make a $1,000 profit and choose to rollover these profits, increasing your balance to $11,000, your daily drawdown limit will increase to $1,100 (10%), and your overall drawdown limit will increase to $1,650 (15%). This means you can not dip your account to or below $9,350. This adjustment ensures that your drawdown limits remain proportional to your account balance, allowing for more flexibility as you trade.
At The Funded Sports Trader, we believe in flexibility and the freedom to explore different trading strategies. You have the option to create as many trading accounts as you’d like. However, there is a maximum cumulative limit of $300,000 that can be funded across all your trading accounts that may reach funded status.
This means that while you can diversify your trading efforts across multiple accounts, the total amount of capital across all these accounts that can reach funded status cannot exceed $300,000. This approach allows you to tailor your trading experience to your preferences while ensuring responsible and fair trading practices.
If you have any further questions or need clarification on this policy, please feel free to contact our support team. We’re here to assist you and ensure your trading experience is both enjoyable and secure. Happy trading!
