Moneta Funded Prop Firm Details

Instant Funding:

• Your best trading day must not account for more than 15% of your total profit. (20% consistency rule option is available for a higher price)

News Trading:

• News trading is not allowed 5 minutes before and after high impact news. Trades that were opened at least two hours prior to the scheduled high-impact news event are allowed to close during the restricted period, including closure triggered by Take Profit or Stop Loss.
• News trading is allowed on the Instant Funding Pro and Phoenix Instant without restriction.

Copy Trading:

• Allowed only between Moneta Funded accounts (except Sprint accounts). A Moneta Funded account may act as a copied or “slave” account only when the master account is also a Moneta Funded account and both accounts belong to the same individual.

Maximum daily profit (Instant Funding Pro):

• 4%

Max Floating Loss:

• 2-Step Funded Accounts (5% Daily Loss option) and Instant Pro: 3% of the account size in floating loss on the same symbol
• 2-Step Funded Accounts (4% Daily Loss option), 1-Step Funded Accounts, Instant Funding, and Phoenix: 2% of the account size in floating loss on the same symbol

Static Drawdown rule for 1-Step Daily:

• One Step Daily uses a 2% static Maximum Loss during normal trading. It does not trail as the account grows. Once a payout is approved, the Maximum Loss Level locks at the account's original starting balance. The lock is triggered by payout approval, not by completion of the payment transfer.

Prohibited Practices:

Risk management:

• Allocating a substantial or majority portion of the allowable daily loss or available margin to a single trade idea, whether through realized losses, stop-loss exposure, or a set of highly correlated positions, is prohibited.

Martingale:

• Martingale is a trading strategy that involves increasing position size after a loss in an attempt to recover previous losses with a single winning trade; the use of martingale strategies is prohibited.

Grid Trading/ Hedging:

• Grid Trading or Hedging is a trading approach where opposing buy and sell orders for the same instrument are strategically placed to achieve equivalent or similar risk, and is prohibited.

Reverse trading:

• Whether conducted between different proprietary trading firms or internally between multiple Moneta Funded accounts, is strictly prohibited.

High-Frequency Trading (HFT):

• Refers to trading patterns that rely primarily on extremely short holding times, rapid order placement, or execution speed rather than genuine market direction or strategy. This may include automated or manual strategies designed mainly to exploit latency, price feed differences, or execution mechanics through very high volumes of rapid trades. Short-term trading and scalping are permitted. Trades held for seconds or minutes as part of a legitimate discretionary or systematic strategy are considered normal trading activity. However, trading behavior that consistently involves extremely short-duration trades executed in very high frequency, or strategies built primarily around execution speed rather than market analysis, may be classified as HFT and may trigger risk controls or account limitations.

Hyperactivity and Excessive Order Spamming:

• Trading activity that involves an abnormally high volume of orders, excessive scaling, or repetitive order placement without a genuine discretionary trading rationale is prohibited.

Latency Arbitrage Trading:

• Involves employing a data stream intentionally designed to have a delay or lag in providing market data, such as stock prices or trading volumes. This grants an unjust advantage to the trader compared to others who must rely on real-time market data.

General Exploitation of a Demo Environment:

• While Latency Arbitrage Trading is one of the most frequented methodologies utilized to exploit demo environments, it's not the only way traders can exploit a demo environment in order to make unethical gains that wouldn't otherwise be possible within legitimate financial markets. That is, traders can also take advantage of glitches that arise within a demo environment rather than reporting the glitch taking place.

Gamification of the Evaluation:

• Participants must engage in genuine market speculation based on their own discretionary analysis. Any attempt to optimize, manipulate, or ""game"" the parameters of the evaluation instead of trading the financial markets is prohibited. This includes statistical or probability-based approaches that seek to exploit the firm's rules without a genuine market thesis, trigger, or understanding. Trading strategies whose primary objective is to maximize the probability of passing the evaluation by exploiting the program's mechanics, rather than demonstrating authentic trading skill, are not permitted.

Account Sharing:

• Traders are prohibited from sharing accounts or transferring Simulated Funded Accounts from one owner to another for any purpose.

Phoenix Scaling Program:

• The Phoenix Program provides a unique opportunity for rewarding traders who consistently exhibit expert performance. Account holders will be automatically progressed to the next phase upon completion of the below detailed Targets for Scaling.
• Traders may begin at Level 1, Level 2, Level 3, or Level 4 of the program.
• Once the 10% profit target for the selected starting level is achieved, that 10% will be converted into withdrawable credit at the next level.
• The credit may be withdrawn at the next payout, provided the 14-day minimum payout interval and the requirement of 3 minimum profitable days are met.
• For example, a trader starting at Level 2 ($5,000 starting balance) who reaches the 10% profit target ($500) will automatically scale to Level 3 ($10,000 starting balance).
• The $500 profit is converted into withdrawable credit.

At this point, the trader has two options:

Option 1 – Continue scaling:

• The trader may continue trading and work toward the Level 3 profit target of 10% ($1,000). Once this target is reached, the account will scale to the next level.

Option 2 – Request a payout:

• After the minimum 14-day trading period from the first trade and at least 3 profitable days are met, the trader may request a payout. Any new profits generated on the Level 3 account can be withdrawn together with the $500 credit.
• For example, if the trader earns an additional $200 on the Level 3 account, they may
• request a payout of $700 ($500 credit + $200 profit), provided the payout conditions are satisfied.
• If the trader chooses to withdraw the $700, they will still need to generate the full Level 3 profit target of 10% ($1,000) in order to scale up to the next level.

Sprint Challenge:

• The minimum payout is the full payoff amount and can be requested on demand.

Instant Pro:

• The minimum payout is $100, with the first payout available on demand and subsequent every 14 days.

Other Programs:

• The minimum payout is $100, with payouts available every 14 days.

1-Step Daily:

• Payouts available daily, Max Request for each payout: $1,000 on $50K / $2,000 on $100K, The minimum payout is $100