What are the rules of the BE LEVERAGE program?

BE LEVERAGE offers total freedom by eliminating traditional restrictions, allowing you to trade according to your preferred style.
There is no daily loss limit, no consistency rule, no 5 minute rule, no IP rule, no maximum trades, you can trade weekends and news, copy signals, hedging, martin gala, grid trading and others. EAS are allowed, except HFT or Latency.

There are only 2 ways for your account to be disqualified:

1. Exceed 10% drawdown.
2. Using malicious trading systems or operations.

You can withdraw weekly, for your withdrawal to be processed, you only need to have 3 trading days in the current period.

WITHDRAWAL PERCENTAGES: 1ST 80% | 2ND 90% | 3RD 100%.
Profit Limits: 10% per withdrawal | 100% total
Leverage: 1:33
Commissions per Forex lot: $5
Commissions per lot Synthetic Indices: $1

About merging and limiting BE LEVERAGE leveraged accounts
You can merge your accounts, as long as all trades are closed and your accounts are at break-even point. If you have profits, you need to withdraw them first. The merger will be done taking into account the initial balance of each account. There are no limits on the number or amount of accounts.

Types of trading not allowed
– Latency arbitrage.
– Abuse of news volatility with guaranteed limit orders.
– Use of deferred data to obtain risk-free benefits.
– Tick, HFT or tick systems.
– Arbitrage systems such as WP7 or similar.
– Executing stop orders on synthetic index assets without being affected by slippage of Spikes or Gaps.
– Execute orders in synthetic index assets with tick type SL without being affected by slippage of Spikes or Gaps.

Rules in Be Funding Funding Programs

Be Funding’s programs are designed to provide equitable opportunities to all traders, maintaining a fair and regulated trading environment. This section details the essential rules that participants must follow to ensure a positive and profitable trading experience.

Essential Trading Rules

1. Specific Prohibitions: During the anchored stage, certain strategies are strictly prohibited, including:

   – Grid Trading and Grid Trading software.
   – Martingale Trading and Martingale EA’s.
   – Latency arbitrage.
   – Hedging orders in multiple accounts.
   – Abuse of news volatility with guaranteed limit orders.
   – Use of delayed data to profit without risk.
   – Trade copying between multiple users.
   – Third-party account management.
   – Tick-type systems.

Using these strategies will result in permanent account suspension.

2. KYC Verification: All traders must complete the KYC verification process after passing the evaluation phase. When it is done, the paper trading account becomes active, starts its trading period and is eligible to receive trading commission payments at the stipulated times.

3. Each trade must have an opening and closing time of 5 Minutes (For Be Top Trader 2 Minutes). Trades must be within the range of consistency. One or more trades cannot exceed 50% of the profit.

4. You may not delegate your account, copy signals, use copy trading systems and/or copy trades between accounts.

5. You must comply with the minimum trading days according to the type of program.

How to Lose an Account Automatically

1. Principal Reduction Violation:
   – Daily reduction of 5% based on the initial principal or highest equity point reached.
   – Total drawdown of 8% or 10% of the initial balance or highest equity reached. 

2. Inactivity: No trading for 30 consecutive days on challenge or assessment accounts.

3. Weekend Trading: Trading outside of the allowed hours, except in synthetic index programs.

*At the withdrawal request review stage, your account may be permanently suspended if you fail to comply with any of the rules, see below for details.

Recall Management and Consistency Rules

1. Trading Consistency Rule: Trades must stay within a set lot size range, based on the average of previous trades. Trades outside this range may be subject to review, suspension or deductions.
   2. Withdrawal Rules:
   – Do not open trades after making a withdrawal request.
   – Comply with the minimum number of trading days required before requesting a withdrawal (5 days for Be Fast and Be Top Trader; 8 days for Be Flash and Be Synthetics).
   

3. Violations and Penalties:
   – Trades that generate more than 50% of the total profit are subject to specific deductions.
   – Use of non-permitted strategies or copying of trades will result in permanent suspension.
   -5 minute rule (2 minutes for Be Top Trader).
   

Coherence Rule

Lot Size Consistency Range Rule.

The average size of your trade calculated at the time of your pay review is used to calculate a trade range. The range is determined by adding 100% to your average trade size to determine the maximum value and subtracting 75% to determine the minimum value. If your average trade size was 20 lots. This means that any trade that falls within the range of 5 to 40 lots will be considered consistent with your average trade size and is a normal trading day. The consistency rule applies only to the funded leg. 

Trades that are inconsistent with the trading range are subject to review/deduction of the total profit split (as described in “What should I know about reviewing trade drawdowns?”). The lot size consistency range calculation is determined by all closed orders in an account from the first trade to the requested withdrawal date. Your average trade is a final number that is calculated once a payout is requested. To calculate your average, divide the total lot volume traded during the period by the total number of closed orders. After finding your average, simply multiply by 0.25 and 2.00 to find the bottom and top of your consistency range. Note that partial orders will be treated as separate orders for the consistency calculation, as the metric is based on closed orders.

Lot Size Consistency Range Calculation

Total lot volume traded/Trades executed: Average Lot Size

Average lot size x 0.25: Lower part of consistency range

Average lot size x 2.00: Upper part of the consistency range.

How the Drawdown works

The maximum daily drawdown of 5% is originally and first based on your account’s opening balance at the time of reset, before any trades are executed.

This is reset each day at 00:00 p.m. market observation time. 

Secondly, this metric is also calculated according to the highest equity point.

Be sure not to go 5% below the starting balance at the time of the restart, or 5% less than the highest equity point in a day.

Attached below is the count formula that our system uses to determine withdrawal amounts.

Counting Formula

Highest balance or equity for the day (whichever is greater) – current equity.

The maximum total drawdown of 8% or 10% is also a final metric of account balance and equity.

Example: If you start with a $100,000 account, your maximum loss level will be set at $92,000 or $90,000. If your account balance or equity reaches $108,000 or $110,000, your final drawdown metric will be set at $100,000. The final drawdown will always follow the highest balance or principal by 8% or 10%.

It is at the discretion of traders to manage risk in accordance with these rules when trading our funded accounts. A violation of these drawdown rules will result in the loss of the funded account.

Each trader will have easy access to their maximum daily and total drawdown levels on their dashboard at all times. While it is important to monitor your balance during the “experienced trader” stage, it is also important that your equity swings do not reach a difference of 5% in one day, or a difference of 8% or 10% in total.

Details of Funding Rules

If you have completed the 21-day period, traded the minimum number of days required under the program, have not exceeded the daily or total withdrawal limits and have complied with all stated rules, your withdrawal request will be APPROVED. You will receive your profits in your USD balance and will be able to start a new trading period.

Below are some important aspects to consider regarding the review of withdrawal requests:

-Consistency Rule and 5 Minute Rule (2 minutes to Be Top Trader):

Up to three trades that violate these rules will be deducted. If more than three violations are recorded, the withdrawal will be denied and a new trading period will be allowed to begin with the opening balance. If five or more violations are accumulated, the withdrawal request will be denied and a new trading period will not be allowed to begin.

-50% Rule:

If any trade generates profits in excess of 50% of the total profit, that excess will be deducted from the profit and a new trading period will be allowed to commence. If more than two operations with these characteristics are registered, the withdrawal request will be automatically denied and it will not be possible to start a new trading period.

-Not allowed trading styles, copying of trades and/or use of templates:

the use of any non-permitted trading systems, trade copying practices (including copying systems, signals, account delegation) or the use of software that simulates manual trading (such as WP7 or similar) will result in the rejection of the application. withdrawal without the option to initiate a new trading period.

-Minimum trading day requirements:

To request a withdrawal in the Be Fast and Be Top Trader programs, it is necessary to have completed at least 5 trading days. For the Be Flash and Be Synthetics programs, 8 trading days are required. If the minimum days are not met, the withdrawal request will be automatically rejected and the option to start a new trading period will be offered, with the initial balance.

-Post withdrawal request trading policy:

any trades opened after a withdrawal request is made will result in automatic rejection of that request. After this, a new trading period will be allowed to begin.

*It is essential that you understand all the rules and adjust your trading style to them to ensure that your withdrawal requests are processed correctly.

Maximum amounts according to the program

There are no restrictions on the number of accounts you can purchase, the funding limit applies on the total amount added to all active accounts according to each program.

-Be Flash Program: Up to 500,000.

-Be Fast Program: Up to 1,000,000.

-Be Synthetics Program: Up to 500,000.

-Be Top Trader: Up to 1,000,000.

Commissions per Lot

Forex Assets: $2.5
Synthetic Assets: $1
Crypto: 0.15%

About the Refund

We will refund the balance paid for the program on the first withdrawal you make from your Be Funded account. If you do not make the first withdrawal, your refund will not be credited.

*If you pass the Be Flash, Be Synthetics or Be Top Trader programs with an HFT, EA or Copy Trading system, the refund does not apply.

Explanation of whether we are funding it with real money

This is a category where we strive to be transparent here at Be Funding, and the short answer is no. Traditional support firms within the Forex industry operate under a different model than the standard proprietary funding firms typically found on Wall Street. Traders who sign up with traditional Forex support firms do not receive real capital in their MT5 accounts.

When a trader reaches the “Be Funded” stage, they are trading in a simulated/demonstration stage where they are rewarded with commissions in exchange for positive performance during this level of the program aligned with the program rules.

While performance commission is paid to a trader on paper during the “Be Funded” stage, trading data from experienced traders can be monetized and used to earn higher profits by copying the data into the company’s own fund. This allows the trader to bid as a “data analyst” to the company, making them eligible for commission payments of 50%, 70%, 80%, 85% or 90% while providing such services to us, the figures will change depending on the value of each trader’s trading data, determined by performance and regular commission payments.

Be Funding (Be Solutions) does not conduct real trading and simply pretends to be an “evaluator” and opens the door to commission eligible paper trading accounts to traders providing simulated services such as data analysts.

Market conditions are provided by an external pricing provider, Kwakol Markets, which traders can use to grow, learn and earn commissions based on their performance after passing the evaluation stage and moving up the ladder to be “Be Funded”.

Occasionally, we may refer to the “Be Funded” stage as “funded”. Note that any reference to a “funded” stage is a paper trading account funded with simulated real conditions.

Forex support firms are generally built on the basis of gamification of trading through software that rewards traders in simulated market conditions, albeit with a similar concept to the real market with an amplified potential reward.

How withdrawals are processed

Profit splitting trades: when the trader has met the minimum time required to request profits from the funded account, go to the MY CHALLENGES section and press the WITHDRAW button. It will be processed within 72 business hours. If our team confirms that you are eligible to earn commissions, the requested amount will be deposited to your balance and you will receive a certificate of performance.

Be Flash and Be Fast Programs

– 1st Period: 21 days from the first trade (50% Profit).

– 2nd Period: 21 days from the first operation (70% Profit)

– 3rd Period: 21 days from the first trade (80% Profit)

– 4th Period: 15 days from the first trade (90% Profit)

Be Synthetics Programs

– 1st Period: 21 days from the first operation (60% Profit)

– 2nd Period: 21 days from the first operation (70% Profit)

– 3rd Period: 21 days from the first operation (80% profit)

– 4th Period: 15 days from the first trade (90% profit).

Be Top Trader Program

– 1st period: 14 days from the first trade (50% profit)

– 2nd period: 14 days from the first trade (70% profit)

– 3rd period: 14 days from the first trade (80% profit)

– 4th Period: 7 days from the first trade (100% profit)

Referral Commissions: You can request the withdrawal of your referral commissions at any time.

With the balance allocated by your Trading and Referral commissions, you will be able to purchase new programs or request a withdrawal.

Withdrawal Metods

USDT OR USDC (ERC-20 or TRC-20 network).
Minimum: 50 USD

Bank Account (Applies to some countries).
Minimum: 500 USD

*Payments are reviewed and sent to the merchant within 1 to 3 full business days. Please note that weekends and holidays in the UAE will not be part of the processing time.
*Only Trading or Referral commission withdrawals are processed, if you have made a deposit it can only be used to purchase programs working hours.

Refunds and Commissions

A refund of the balance paid by the program is offered on the first successful withdrawal. As long as it has not been spent with HFT, EA or Copy Trading.

– Commissions per lot vary depending on the asset, being $2.5 for Forex, $1 for synthetic indices AND 0.15% per lot for Cryptocurrencies.

What is the Profit Limit of a Funded Account?

Our programs initially have no profit limit, however you must take the following into account:
•If we detect an unconventional Trading style, we can apply a profit limit of 7%.
•If you obtained the account through a Giveaway, Championship, promotion or as an incentive, the earning limit is 4%.