Welcome to Lion Funded where we offer our website and services to you the user under certain terms and conditions. By accessing or using our website you accept and agree to be bound by these Terms. If you disagree with any part of these Terms please refrain from accessing or using our website or services. The Services are provided by UK: 71-75 SHELTON STREET COVENT GARDEN LONDON UNITED KINGDOM WC2H 9JQ LIONFUNDED LTD.
1. Eligibility
Lion Funded services are intended for individuals over the age of 18 residing in countries where our services are available. By registering on our website you confirm that you meet this age requirement and agree to abide by your local laws regarding online activities.
2. Registration
By agreeing to these Terms of Service you affirm that you are of legal age in your jurisdiction or have obtained consent from a guardian. You agree not to use our services for any unlawful purposes.
3. Privacy
Your personal information submitted through our website is governed by our Privacy Policy.
4. Service Modifications
We reserve the right to modify or discontinue our services at any time without notice. Prices for our products are subject to change without notice.
5. Product Limitations
We reserve the right to limit the sales of our products or services to certain regions or individuals. Descriptions and pricing of products may change without notice.
6. Billing and Account Information
You agree to provide accurate billing and account information and to update this information promptly. We reserve the right to refuse any order or limit quantities at our discretion.
7. Optional Tools
We may provide access to third-party tools but we do not monitor or control these tools and disclaim any liability related to their use.
8. Third-party Links
We are not responsible for any third-party content or websites linked to our site. Use of third-party materials is at your own risk.
9. Prohibited Uses
You agree not to use our services for unlawful, harassing or abusive purposes among others. Proprietary trading firms and their affiliates are strictly prohibited from engaging with Lion Funded.
10. Disclaimer of Warranties and Limitation of Liability
We do not guarantee uninterrupted or error-free service and disclaim liability for any damages resulting from the use of our services.
11. Indemnification
You agree to indemnify Lion Funded against any claims arising from your breach of these Terms of Service.
12. Severability
If any provision of these Terms of Service is deemed unlawful or unenforceable it shall be severed from the agreement without affecting the validity of the remaining provisions.
13. Termination
Either party may terminate these Terms of Service at any time. We reserve the right to terminate the agreement if you fail to comply with its terms.
14. Disputes
Disputes regarding payments may result in account suspension or termination. We reserve the right to take action to protect our company's financial interests.
Evaluation Phase Rules
1. What are the minimum days?
Between Phases:
- 3 Phase Challenge: Dont need trading days. Account delivery is instant!.
- 2 Phase Challenge: Dont need trading days. Account delivery is instant!.
In Phases:
- 3 Phase Challenge To Funded Stage: 4 business day.
- 2 Phase Challenge To Funded Stage: 4 business day.
For Payout:
- 2 Phase Live Challenge To Payout: Achieve a minimum of 0.5% profit over at least 3 of your total trading days.
- 3 Phase Live Challenge To Payout: Achieve a minimum of 0.5% profit over at least 2 of your total trading days.
2. Does my evaluation start when I take my first trade?
Yes your evaluation officially begins with your first trade. This marks the start of the evaluation process.
3. What is the Maximum Daily Drawdown Limit?
In a 2-phase evaluation the maximum allowable daily drawdown 5%. In a 3-phase evaluation maximum allowable daily drawdown 6%.
4. How can I calculate the Daily Drawdown?
Daily drawdown is equity balance based. This value is static and is calculated based on your balance from the previous equity high level. This represents the daily loss limit that must not be exceeded.
5. What is the Maximum Overall Drawdown Limit?
For a 2-phase evaluation the maximum overall drawdown limit is set at 10%. For a 3-phase evaluation the maximum overall drawdown limit is set at 5%.
6. What is Lion funded profit target?
In a 2 phase evaluation the profit target is 8% and 4% respectively. In a 3 phase evaluation the profit target is 5%, 4% and 3% respectively.
7. What is Lion funded daily profit limit?
At Lion Funded, we prioritize the success and security of our traders. In order to ensure a balanced and controlled trading environment, we have implemented a daily profit limit of 8%. This means that once your cumulative profit for a day reaches this limit, your trades will be automatically closed. This measure helps protect your earnings and maintain a stable trading experience for all our valued users.
8. What is 90 seconds limit?
We require the your minimum of 50% total profit should be comes from greater than 90 seconds trades.
9. Hedge, Copy Trading, Gambling is not allowed.
Hedging positions on same account (if u open hedge positions it should be close in a 60 seconds). Hedging between different accounts. Any type of hedging, tick trading, copy trading, gambling (risking 4% or more than account or daily drawdown stop) is not acceptable and your account will be terminated.
After reaching a 8% growth, all open trades will be automatically closed, and the account will remain closed until the next trading day. The account will be available for trading again after 11:59 pm GMT+3. You can resume your trades from where you left off.
This rule applies to all phases and live accounts within all stages.
10. What is Max Risk?
To ensure safety, we enforce a maximum risk per trade pair based on your account balance: 2.5% for crypto and 7.5% for forex, gold, metals, commodities, indices, and stocks. For example, if your account balance is $100,000, the maximum margin risk per pair should be $2,500 for crypto. If you exceed the 2.5% limit, any profits exceeding this limit will be adjusted accordingly.
Example:
- If you open a BTCUSDT position with a $2,700 margin on a $100,000 account, this exceeds the $2,500 limit by $200, thus violating the rule. In this case, your profits will be adjusted to reflect the allowed 2.5% margin usage, not the 2.7%. So, if you earn $5,400 in profits, $400 will be deducted, and you will keep $5,000.
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Crypto:
The acceptable Margin Impact range is 0.4% to 2.5%. Any impact below 0.4% or above 2.5% is considered a violation.
Forex, Gold, Metals, Commodities, Indices:
The acceptable Margin Impact range is 1.2% to 7.5%. Any impact below 1.2% or above 7.5% is considered a violation.
Examples:
- Crypto Example: On a $100,000 account, opening a BTCUSDT position with a $2,700 Margin Impact exceeds the 2.5% threshold by $200, resulting in a violation.
- Forex Example: On a $100,000 account, opening an XAUUSD position with a $1,100 Margin Impact falls short of the 1.2% threshold by $100, which is also considered a violation.
Rules and Applicability:
- For Funded Accounts, both the Minimum Margin Impact Rule and the Maximum Margin Impact Rule are enforced.
- For Challenge Accounts, only the Minimum Margin Impact Rule applies.
Penalties:
- First Violation: Any excess profits generated will be forfeited.
- Second Violation: The account will be suspended.
And if u broke this rule 2. time your accounts will be suspended all of your profits will be violated.
This rule applies only to live accounts.
This rule applies to all phases and live accounts within all stages.
High-Risk News Announcements and Trading Restrictions
For traders operating a LionFunded account, it is prohibited to open a new position or close an existing position on instruments affected by high-risk news announcements within 3 minutes before and 3 minutes after the announcement.
What This Rule Includes
- Opening or closing a market execution order.
- Executing pending orders, including stop loss or take profit orders.
Positions opened on the affected instrument(s) more than 3 minutes before the restricted news event are allowed to remain open.
Penalties for Violations
Any trades opened or closed within 3 minutes before or after the high-risk news announcement will result in the removal of any profits generated from the violated trades. However, if the violation results in a loss, the loss will not be erased.
This rule applies to all challenge and funded stages on LionFunded accounts.
Which News Affects Which Instruments?
Currency Pairs and Metals
If the currency involved in the pair is impacted by the high-risk news, trading on that pair is subject to this rule.
- Example 1: If the news impacts CAD, pairs like CADCHF or USDCAD are restricted.
- Example 2: If the news impacts EUR, instruments like XAUEUR or XAGEUR are restricted.
Energy and Crypto Assets
For energy and crypto assets, the high-risk news rule applies only to USD-based events.
- Example 1: If the news impacts USD, energy pairs like BRENTOIL or WTIOIL are restricted.
- Example 2: If the news impacts USD, crypto pairs like BTCUSD or SHIBUSD are restricted.
Indices
When trading indices, the high-risk news rule applies to indices directly affected by the news. See the table below for clarification:
| Currency | Impacted Indices |
|---|---|
| USD | US30, US500, USTEC |
| EUR | EUR50, GER40, F40, SPAIN35 |
| GBP | UK100 |
| AUD | AUS200 |
| JPY | JPN225 |
| CNY | HK50 |
Stay Informed
We recommend using resources like ForexFactory to stay informed about significant market news and economic events. These platforms provide comprehensive information to help you make well-informed trading decisions.
Restricted/Prohibited Trading Strategies for Lion-Funded Accounts
- High-Frequency Trading (HFT): Traders must not employ high-frequency trading strategies that involve executing numerous trades within seconds using algorithms aimed at generating quick profits. For example, using automated systems to exploit market fluctuations for short-term gains is prohibited.
- Latency Arbitrage: Traders are prohibited from exploiting delayed market data to secure guaranteed profits. For example, executing trades based on news or price changes before they are fully reflected in the market is considered unethical and violates fair trading rules. Such practices are strictly banned.
- Hedging: Traders may not execute trades to offset the risk of open positions or guarantee profits. For example, opening a short position in the same market to hedge an existing long position is not allowed. Lion promotes balanced risk-taking and professional trading practices, making such strategies impermissible.
- Copy Trading: Traders may not copy trades across accounts belonging to different individuals, such as relatives or friends. For instance, replicating trades from one account to another to achieve coordinated results is strictly prohibited.
- Arbitrage Trading: Using price discrepancies across markets to secure profits, known as arbitrage trading, is forbidden. For instance, rapidly buying and selling the same financial instrument on different exchanges to exploit price differences is not allowed.
- Grid Trading: Grid trading strategies, where buy and sell orders are placed at opposing levels to manipulate the market or create artificial liquidity, are disallowed. For instance, setting buy and sell orders at specific price levels to mislead the market or simulate false liquidity is prohibited.
- Directional Bias Trading: Traders must not engage in speculative trading by consistently taking positions in only one direction (e.g., only buying or only selling) without proper market analysis. Continuously opening positions based solely on assumptions without analyzing market conditions is considered directional bias trading and is restricted.
- Layering Rule: A maximum of 2 positions are allowed per instrument at any given time. Increasing the size of an existing position will be considered as opening a new position. Exceeding the layering rule will be considered a violation. Account sanction will be decided by the risk team.
Risk-Free Trading (RFT) Rule:
In line with LionFunded’s risk management standards, traders are required to avoid strategies that aim to generate small, low-risk profits continuously. Such strategies undermine fair trading practices and conflict with proper fund management principles.
Definition:
- Small Profits: Any profit target below 0.75% of the account’s total balance.
Penalties for Non-Compliance:
Failure to comply with any of these rules will result in the LionFunded Risk Team deactivating the relevant Challenge or Funded account. This measure ensures the platform maintains a fair and reliable trading environment.
Entire Agreement
These Terms of Service constitute the entire agreement between you and Lion Funded superseding any prior agreements or communications.
Changes to Terms of Services
We reserve the right to update or change these Terms of Service at any time. Your continued use of our website constitutes acceptance of any changes.
Contact Information
For questions about these Terms of Service please contact us at support@lionfunded.com.