FundedHive

The rest of the terms

Every condition · 23

1. 1B-Book switch at 1% below the starting balance. Once the account is 1% below its initial balance, every position is force-closed and the account moves to simulated B-Book. Nothing earned there can be withdrawn; trading must bring the balance back to the initial balance, after which the trader re-activates A-Book and the balance is reset to the initial balance, wiping the B-Book profit. B-Book profit can only become Hive Coins after the account is breached. source

2. 2Only positive A-Book profit is paid. Profit counts only when made in A-Book and net of earlier A-Book losses; B-Book or unverified profit is excluded from withdrawal. source

3. 3Earlier A-Book losses must be recovered first. A negative A-Book balance must be cleared by new A-Book profit before any withdrawal or any new funded account. source

4. 4Other accounts' profits frozen as collateral. With a significant negative A-Book balance on one account, profits on the trader's other accounts can be frozen until it is cleared. source

5. 5Pay From Profits funded fee comes off the first profits. On Pay From Profits accounts the funded-account fee (1–3% of account size by risk category) is deducted from the trader's share before any payout; if one account cannot cover it, the rest is taken from payouts on the trader's other funded accounts. source

6. 6Risk-category breach (Pay From Profits). Going outside the limits of the assigned risk category pauses the funded account and closes every position; trading resumes only after paying the fee difference for the higher category. source

7. 7Pay From Profits 14-day deadlines. Phase Two must be paid for within 14 days of passing Phase One or the challenge is forfeited; the FAQ also asks for the funded account to be activated within 14 days of passing (one extension of up to 30 days on request). source

8. 8Daily payout cap. $1,000 a day (Classic, Pay From Profits) or $2,000 (InstantGrowth) per payout address; accounts sharing an address share the cap, so a larger balance takes several days to withdraw. source

9. 9No open positions at payout. A payout cannot be requested while any position is open on the funded account. source

10. 10Automatic profit realisation. When floating profit reaches the amount needed to cover an outstanding fee or the A-Book threshold, the system closes the trader's positions without notice. source

11. 11Non-compliant trade profits forfeited. Every profitable trade is checked automatically; profit from a trade judged non-compliant is forfeited or withdrawn. source

12. 12Clawback and reversal. The firm may cancel, correct, claw back or reverse any transaction at any time, even after it has been credited, on its own finding of an error, abnormal conditions or suspected prohibited use. source

13. 13Black Swan Event. The firm may declare a Black Swan Event at its sole discretion and void every trade made during it, profits included. source

14. 14Suspension and freezing of payments. On "unusual activities" and other grounds the firm may suspend the account, any payment due and freeze assets, without notice or reasons. source

15. 15Involuntary termination with clawback. Grounds include breach of any rule, a chargeback, teaching others to pass, defamatory or harmful statements about FundedHive (including publishing correspondence), involvement with a competitor, "highly speculative" trading at the firm's discretion and three months' inactivity; trades can be voided and profit clawed back or withheld. source

16. 16Public complaints. Traders must complain to the firm before posting publicly; the firm reserves legal action over any public complaint, defamatory or not. source

17. 17One funded account per asset at a time. While one funded account holds a position on an asset, no other funded account of the same user, IP or network may open a position on it; copying trades between funded accounts is prohibited. source

18. 18Prohibited trading rules. Arbitrage, news bracketing, tick scalping, hedge or reverse arbitrage, HFT or glitch-exploiting EAs, account sharing, slow data feeds and conduct the firm deems "not a viable trading strategy" are grounds for termination. Hedging is not allowed (netting accounts); InstantGrowth also bans martingale and grid systems. source

19. 19Weekend holding not allowed on funded accounts. Positions may not be held over the weekend on a funded account (clause 7.2.3 of the Terms says the same for evaluations). source

20. 20Loss limits, including maximum loss per trade. Breaching the daily, overall or per-trade loss limit (3% Classic and Pay From Profits High category, 2% InstantGrowth), or the cumulative A-Book loss limit, ends the account. source

21. 21InstantGrowth level 1 is simulated, and stopping after it is allowed once. Level 1 is a B-Book evaluation; a trader may stop after level 1 and withdraw only once per user, and repeated level-1 resets are treated as payout farming. source

22. 22Unilateral changes and termination on notice. The firm may change fees and parameters at any time (not retroactively for services already bought) and may end any account for any reason on 30 days' notice. source

23. 23No consistency rule (stated). The firm states there is no consistency rule on any account type, in evaluation or funded. source