Fewpips sets specific rules for Future Based CFD challenges to ensure fair, transparent, and sustainable trading for everyone. These rules are designed to:
The trailing drawdown model and contract expiry rules mirror the environment of professional futures trading, ensuring traders are prepared for real markets.
| Account Sizes | Future Based CFDs - Instant Account |
|---|---|
| $25,000 | $10,000 |
| $50,000 | $30,000 |
| $100,000 | $60,000 |
| Metrics | Future Based CFDs - 1-Step | Future Based CFDs - Instant Account |
|---|---|---|
| Max Daily Loss | 3% of starting day balance | 2% of starting day balance |
| Max Total Loss | 5% trailing drawdown | 4% trailing drawdown |
| Trailing Type | Equity peak trailing (floor never falls) | Equity peak trailing (floor never falls) |
| Profit Target | 5% of starting balance | N/A — direct access |
| Min. Trading Days | 5 days | 5 days per cycle |
| Max. Evaluation Days | 35 calendar days | N/A |
| Consistency Rule | 40% max in a single day | 25% max in a single day |
| Inactivity | 7 days (challenge phase) | 14 days (funded phase) |
The Daily Loss Limit is calculated using the formula:
Start-of-day balance minus the lowest floating equity of the day must not exceed the allowed percentage. This rule applies to both open (floating) and closed trades.
Daily Loss Limit — Future Based CFDs - 1-Step: 3% of starting day balance.
Example (Future Based CFDs - 1-Step, $50,000 account):
The daily loss limit is 3%, which equals $1,500.
If the trader starts the day at $50,000, they cannot lose more than $1,500 in total that day
If the trader first makes a $500 profit, the daily floor adjusts accordingly.
If the total loss reaches the limit, including open trades, the account will be breached.
Example Visual:
Start: $50,000 → Low: $48,700 → Loss: $1,300 → OK
Start: $50,000 → Low: $48,400 → Loss: $1,600 → Violation
The Maximum Total Loss is a trailing drawdown referenced to the highest historical balance reached by the account, not the starting balance. The floor only ever moves up — it never falls back down, even when the balance drops.
Maximum Total Loss — Future Based CFDs - 1-Step: 5% trailing from highest historical balance.
How it works:
Example (Future Based CFDs - 1-Step, $50,000 account, 5% trailing drawdown):
Starting balance $50,000 → floor = $50,000 × 95% = $47,500.
Balance rises to $52,000 → new floor = $52,000 × 95% = $49,400.
Balance rises to $55,000 → new floor = $55,000 × 95% = $52,250
Balance drops to $53,000 → floor stays at $52,250 (does not go back down).
If balance drops to $52,249 → account violated.
This model is stricter than a fixed drawdown because the floor rises with profits.
It incentivises traders to actively manage risk even when in positive territory.
Future Based CFDs - 1-Step: 5 minimum trading days. Days do not need to be consecutive.
A day is only recorded as active if it contains at least one trade held open for 3 minutes or longer (the 3-Minute Quality Rule).
Future Based CFDs - 1-Step: 5% of starting balance.
Example: $50,000 account → profit target = $2,500.
The consistency rule also applies: no single day may account for more than 40% of total cycle profit. If a trader earns $1,200 in one day, that day is flagged as inconsistent even if the target has not been reached.
No single trading day's profit may exceed 40% of the total profit for the current cycle. If this threshold is exceeded, the trader must continue trading to grow total profit until the flagged day represents 40% or less.
Future Based CFDs - 1-Step: 35 calendar days from the first trade.
If the profit target is not achieved within 35 calendar days, the evaluation ends and must be restarted.
The Daily Loss Limit is calculated using the formula:
Start-of-day balance minus the lowest floating equity of the day must not exceed the allowed percentage. This rule applies to both open (floating) and closed trades.
Daily Loss Limit — Future Based CFDs - Instant Account: 2% of starting day balance.
Example (Future Based CFDs - Instant Account, $30,000 account):
The daily loss limit is 2%, which equals $600.
If the trader starts the day at $30,000, they cannot lose more than $600 in total that day.
Example Visual:
Start: $30,000 → Low: $29,500 → Loss: $500 → OK
Start: $30,000 → Low: $29,350 → Loss: $650 → Violation
The Maximum Total Loss is a trailing drawdown referenced to the highest historical balance reached by the account. The floor only ever moves up — it never falls back down.
Maximum Total Loss — Future Based CFDs - Instant Account: 4% trailing from highest historical balance.
How it works:
Example (Future Based CFDs - Instant Account, $30,000 account, 4% trailing drawdown):
Starting balance $30,000 → floor = $30,000 × 96% = $28,800.
Balance rises to $31,000 → new floor = $31,000 × 96% = $29,760
Balance drops to $30,500 → floor stays at $29,760 (does not go back down).
If balance drops to $29,759 → account violated
The Instant Account has more conservative limits (2% / 4%) because the trader has not passed any prior evaluation filter. A tighter loss range acts as a selection mechanism and protects simulated corporate capital.
Future Based CFDs - Instant Account: 5 minimum active trading days per cycle. Days do not need to be consecutive.
A day is only recorded as active if it contains at least one trade held open for 3 minutes or longer (the 3-Minute Quality Rule).
No single trading day's profit may exceed 25% of the total profit for the current cycle.
The Instant Account applies a stricter consistency limit (25%) because direct access tends to attract more aggressive trading profiles that require tighter control.
If this threshold is exceeded, the trader must continue trading to grow total profit until the flagged day represents 25% or less.
Trading is prohibited 5 minutes before and 5 minutes after high-impact news events. This applies to all accounts and all phases.
Restricted events include: FOMC, NFP, CPI, and interest rate decisions.
This rule protects against latency-based strategies and artificial slippage that can arise during high-impact news windows.
Expert Advisors (EAs) and automated bots are NOT permitted on any Future Based CFD account — this applies to both the 1-Step evaluation and the Instant Account.
All trading on Future Based CFD accounts must be executed manually by the registered account holder.
The following practices are strictly forbidden across all Future Based CFD accounts. Violations result in immediate account breach:
Future Based CFD accounts operate exclusively on MetaTrader 5 (MT5) using the Feed -F series of futures-based CFDs, including:
US30-F, US500-F, NAS100-F, GER40-F, UK100-F, XAUUSD-F, XAGUSD-F, Brent-F, Crude-F and others.
These instruments replicate real futures prices without overnight swap. They are not real contracts from CME, NYMEX, or any other regulated exchange.
All Future Based CFD instruments carry real expiry dates. Traders are responsible for monitoring contract expiry and closing or rolling positions before expiration. The Company is not liable for losses resulting from failure to manage contract expiry.
The inactivity rule differs depending on the account phase:
Each trader may hold a maximum of 3 simultaneous Future Based CFD accounts, regardless of model (1-Step or Instant Account).
Trades can be held open for however long the trader chooses. However, to qualify as an active trading day, at least 1 trade must be held open for 3 minutes or more. Trades held open for less than 3 minutes will not count toward the minimum trading day requirement.
Position limits per instrument and/or account size are currently pending definitions. Clients will be notified via the website and platform communications once confirmed.
Upon successful completion of the 1-Step evaluation phase, the system will automatically upgrade the account to funded status and send new credentials to the registered email address. The evaluation account will be disabled.
Prior to upgrade, a human audit will take place to verify rule compliance, check for violations, and confirm that the trader has fully complied with the terms and conditions set out by Fewpips.
These Fewpips Future Based CFD Evaluation Terms (the "Challenge Terms") govern your participation in the trading simulations offered by Fewpips (Business Registration No. 203341234), with its registered office at La Place Creole Building, Rodney Bay, Gros Islet, St. Lucia.
By purchasing an Evaluation or Instant Account, you (the "Client" or "Counterparty") agree to be legally bound by these Terms. Participation is prohibited if these Terms are not accepted in their entirety.
Fewpips Future Based CFDs provides two account structures:
Adherence to the following metrics is mandatory. Failure to comply results in immediate account forfeiture.
| Metric | Future Based CFDs - 1-Step | Future Based CFDs - Instant Account |
|---|---|---|
| Max Daily Loss | 3% of starting day balance | 2% of starting day balance |
| Max Total Loss | 5% trailing drawdown | 4% trailing drawdown |
| Trailing Type | Equity peak trailing (floor never falls) | Equity peak trailing (floor never falls) |
| Profit Target | 5% of starting balance | N/A — direct access |
| Min. Trading Days | 5 days | 5 days per cycle |
| Max. Evaluation Days | 35 calendar days | N/A |
| Consistency Rule | 40% max in a single day | 25% max in a single day |
| Inactivity | 7 days (challenge phase) | 14 days (funded phase) |
Accounts must remain active. The inactivity rule varies by phase: during the 1-Step challenge phase, seven (7) consecutive calendar days of zero activity will result in cancellation. During the funded phase (1-Step Funded and Instant Account), fourteen (14) consecutive calendar days of zero trading activity will result in the account being marked as inactive and automatically cancelled. A single executed trade within the applicable window resets this timer.
The Client is strictly prohibited from employing the following practices, which undermine the integrity of the professional evaluation:
Our Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) protocols are designed to mitigate money laundering risks and ensure compliance with global sanctions.
Execution of the first trade constitutes a formal request for immediate service performance. At this moment, the Client waives the right to a refund under standard consumer withdrawal laws.
Raising a false dispute — claiming services were not rendered when they were — will result in a permanent ban and immediate forfeiture of all account progress.
If a dispute is raised, the associated account is immediately paused. To reactivate an account, the Client must:
All trades executed on the MT5 platform are subject to a per-trade commission charged upon both the opening and closing of each position:
Commissions are charged on a per-side basis and apply equally across all Future Based CFDs account sizes and challenge types.