Fundora: Notification of Challenge Result and Next Phase Guidance
About Fundora's Pass/Fail Criteria and Post-Pass Process Information
Table of Contents
1. Fundora's Pass/Fail Criteria
1-1. Disqualification Conditions (Floating Loss)
1-2. Pass Conditions (Floating Profit)
2. Information Regarding the Next Phase After Passing
2-1. Flow After Passing Phase 1
1. Fundora's Pass/Fail Criteria
Fundora is a Japanese exam-based prop firm that evaluates traders' abilities through demo account trading and supports their growth. A major feature is the ability to balance learning and challenges while minimizing risk, as no actual funds are handled. Below, we will explain in detail Fundora's unique pass/fail criteria and the process after passing.
1-1. Disqualification Conditions (Floating Loss)
・If the overall loss rate exceeds 10%If the maximum daily loss rate exceeds 5%・If either of the above two conditions is met, disqualification will be determined at that time.
The evaluation is conducted once per day at 6:00 AM Japan Time during Daylight Saving Time (7:00 AM Japan Time during Standard Time), and if the conditions are exceeded at that time, disqualification will be confirmed.
1-2. Pass Conditions (Floating Profit)
・In Phase 1, if you reach 6:00 AM Japan Time during Daylight Saving Time (7:00 AM Japan Time during Standard Time) with unrealized profits exceeding 8%.
・In Phase 2, if you reach 6:00 AM Japan Time during Daylight Saving Time (7:00 AM Japan Time during Standard Time) with unrealized profits exceeding 5%.
・Even if the profit target is achieved, a minimum of 3 trading days are required from the start of the challenge.
・As stated above, in either phase, if the corresponding profit target is exceeded at 6:00 AM Japan Time during Daylight Saving Time (7:00 AM Japan Time during Standard Time), passing will be confirmed.
1-3. Judgment Timing
・Every day at 6:00 AM Japan Time during Daylight Saving Time (7:00 AM Japan Time during Standard Time), the account will be checked, and if either the loss or profit condition is met, the pass/fail decision will be made.
・Every day at 6:00 AM Japan Time during Daylight Saving Time (7:00 AM Japan Time during Standard Time), the account will be checked, and if either the loss or profit condition is met, the pass/fail decision will be made.
2. Information Regarding the Next Phase After Passing
2-1. Flow After Passing Phase 1
Every day at 6:00 AM Japan Time during Daylight Saving Time (7:00 AM Japan Time during Standard Time), the account will be checked, and if either the loss or profit condition is met, the pass/fail decision will be made.
・Waiting time until account information is sent:
After the pass judgment, we will confirm and finalize the account status internally. We aim to guide you to Phase 2 within approximately 2 business days. If you pass on a Friday, the Phase 2 account information will be sent within approximately 2 business days, including the next business day (Monday).
2-2. Flow After Passing Phase 2 and KYC Documents
After passing Phase 2, please submit KYC documents from the dashboard. After that, we will confirm your account information. ※For KYC documents, please submit one form of identification with a valid expiration date issued by a public institution (e.g., driver's license, My Number Card, passport) and one document verifying your address issued within the last 3 months (e.g., resident certificate, utility bill, credit card statement). If you wish to register as a corporation, please submit the aforementioned two documents along with the corporation's certificate of registered matters issued within the last 3 months.
・Waiting time until account information is sent:
Once the content of the Professional Trader Qualification Terms and Oath Agreement you filled out has been confirmed, we will send your professional account information within approximately 2 business days.
3. Summary: Aiming to Be a Pro with Fundora
Fundora offers an evaluation process where you can aim for professional qualification in as little as 5 days, allowing you to start serious trading. With 24/7 bilingual support available, you can resolve questions and concerns anytime and challenge yourself with peace of mind. Why not aim to become a professional trader with Fundora?
