Instant Account Rules

Section 1 – Instant Synthetic Challenge Parameters

1.1 Challenge Models

The BloomFunded Instant Synthetic Challenges consist of a Challenge designed to evaluate your trading skills. Detailed information regarding the model is provided during the registration process.

1.2 Trading Guidelines

The Customer must adhere to the following guidelines. Failure to comply may result in account termination or unsuccessful completion of the challenge.

1.2.1 Max Daily Drawdown

In the Instant Challenge, the Daily Drawdown is a fixed 3% of your starting balance. This percentage is deducted from the higher of your Balance or Equity at the beginning of each day. The daily reset occurs at 17:00 EST. Daily drawdown limits are essential controls that help traders maintain disciplined trading practices while safeguarding their accounts within designated risk levels.

Example 1: Suppose you have a $10,000 account. With a fixed Daily Drawdown of 3%, your equity can decrease to a minimum of $9,700. Even if your equity rises to $10,300 and then falls back to $10,000 on the same day, you can continue trading. If your balance/equity increases to $10,300 at the end of the day, the drawdown resets at 17:00 EST to $10,300, resulting in a new limit of $10,000.

Example 2: If you start the following day with $10,300 equity stemming from your $10,000 account, the Daily Drawdown is determined from this highest previous equity. Thus, on the next day, your Daily Drawdown limit adjusts to $10,000 ($10,300 − $300 [3%]).

Breaches typically happen when traders overlook their updated equity levels or misinterpret the reset mechanism. If your calculated drawdown limit is $10,000 but losses reduce your equity below this figure, you will experience a breach. Similarly, profit resets might lead traders to misinterpret their limits, resulting in unintended breaches.

Important: Your account will breach if either the daily or maximum drawdown limit is exceeded. To mitigate risks, monitor your account dashboard consistently and ensure your strategies align with the daily and maximum drawdown parameters.

1.2.2 Maximum Drawdown (Max DD)

The Maximum Allowable Loss Limit represents the maximum equity loss you can incur before your account is considered failed. In the Instant Challenge, the Maximum Drawdown is a trailing 6% of the highest equity achieved at any point during the challenge. As long as your account balance grows, your maximum allowable equity loss adjusts accordingly, providing more flexibility as you make profits.

• No reset: unlike the Daily Drawdown, the Max Drawdown does not reset — it continuously trails your highest equity level.

Example 1: Starting balance $10,000 with an initial Max Drawdown of $9,400 (6% below $10,000). If your equity rises to $10,600, the new Max Drawdown becomes $10,000 (6% below $10,600). If equity then drops below $10,000 (e.g. $9,950), you breach the Max Drawdown limit.

Example 2: If your account grows to $11,000, the new Max Drawdown becomes $10,400 (6% below $11,000). If equity falls below $10,400 (e.g. $10,350), you breach the Max Drawdown limit.

Summary: The Maximum Drawdown is a safety net that adjusts with your highest achievements, promoting a growth-oriented mindset while managing risk. Monitoring your highest equity levels is crucial, as breaching this limit results in the account being considered failed.

1.2.3 Minimum Trading Days Requirement

Instant Accounts have no minimum trading days requirement. You may request a payout as soon as the payout cycle opens, provided the account is within all drawdown and lot-size rules.

• Instant Challenge: no minimum trading days.
• Payout policy: the day of a payout approval does not count as an active trading day, even if you made a profit on that day.

Use your BloomFunded dashboard to monitor your performance and payout eligibility.

1.2.4 Consistency Rule — 20%

Funded phase (payout consistency rule): the 20% consistency rule applies to the payout amount requested, not to the total account profit. When a trader submits a payout request, the highest single profitable trading day within the payout period must not exceed 20% of the requested payout amount.

Formula: Maximum allowed single trading day = 20% × Requested Payout Amount. If the highest trading day exceeds this threshold, the trader must continue trading until consistency is within limits.

Example — $10,000 account: A trader requests a $500 payout. 20% of $500 = $100, so the maximum allowed single trading day is $100. A highest day of $90 or $100 means the full $500 payout is approved. A highest day of $150 means the payout is denied — $150 / 0.20 = $750, so the trader must trade up to $750 in profit before requesting a payout.

1.2.5 Profit Target

As this is instant funding, there is no specific profit target.

1.2.6 Gambling Strategies

Gambling strategies are prohibited. BloomFunded defines gambling as follows:

• Excessive scalping: executing 50% or more of your trades in under 2 minutes. This includes tick scalping and High-Frequency Trading (HFT).

1.2.7 Position Limits

• Total open positions per asset = 5
• Total open positions per account = 13

1.2.8 Maximum Lot Sizes per Pair

At BloomFunded we provide maximum lot sizes for each trading pair and account size. These guidelines are designed to support proper risk management and to help protect traders from excessive exposure. Traders are strongly encouraged to remain within the maximum lot size ranges when placing trades and remain fully responsible for managing their risk at all times.

Important notice: it is the sole responsibility of the trader to remain within the range of lot sizes mentioned above. Exceeding the maximum lot size or position limit counts as a violation and the account will be suspended at the discretion of BloomFunded.

1.2.9 Technical Flaw Exploitation

Using system flaws for advantage is prohibited and may lead to immediate suspension from the challenge.

1.2.10 Hedging

Hedging is not allowed by BloomFunded for the time being.

1.2.11 Costs

All costs related to service provision by the Provider are the Provider’s responsibility.

1.2.12 Applicable Rules

The terms outlined in the FAQ/Rules govern BloomFunded Challenge accounts.

1.2.13 Copy Trading

BloomFunded allows copy trading through a designated VPS between your own BloomFunded Challenge Accounts, as long as one account is clearly designated as the master account. However, copy trading between individuals, including the use of cloud-based copy tools, is strictly prohibited. Violations can result in warnings or account termination.

Traders are not permitted to copy trades between accounts owned by different individuals, including family members, friends, or third parties. Engaging in account management services or participating in a “Pass Your Challenge” scheme also violates BloomFunded’s policies.

Section 2 – Prohibited Trading Practices

2.1 General Prohibition

The Customer is prohibited from conducting trades that contravene the stipulations outlined in this section or the FAQ. Any trades that violate these stipulations are strictly forbidden.

• 2.1.1 Latency trading: the Customer must not intentionally or unintentionally use trading strategies that exploit errors in the Services, such as inaccuracies in displayed prices or delays in their updates.
• 2.1.2 External data feeds: executing trades using an external or slow data feed, or performing gap trading, is prohibited.
• 2.1.3 Manipulative software: the use of any software, artificial intelligence, ultra-high-speed or high-frequency trading, or mass data entry that could manipulate or abuse the Provider’s systems is prohibited.
• 2.1.4 Third-party trading: the Customer is prohibited from collaborating with a third party to execute trades, or allowing any third party to access or trade on their account.
• 2.1.5 Account management by third parties: accessing any third-party account, trading on behalf of a third party, or conducting account management services for another user is prohibited.

2.2 BloomFunded’s Rights

BloomFunded retains the exclusive right to impose trading restrictions, modify account parameters, or terminate accounts at its sole discretion to ensure the stability and integrity of its trading environment. This right may be exercised in circumstances including, but not limited to:

• Excessive risk: where a client’s trading strategy, behaviour or specific trades pose a risk deemed excessive or unmanageable under current market conditions.
• Incompatible practices: where trading practices are incompatible with standard market operations or BloomFunded’s risk management policies.
• Inconsistent patterns: significant deviations from the client’s historical trading behaviour.
• Regulatory compliance: restrictions imposed to ensure compliance with applicable regulatory requirements or internal policies.

2.3 Transparency and Client Notification

• Client notification: BloomFunded will make reasonable efforts to notify clients of any trading restrictions, modifications or terminations, providing reasons. Immediate action may be taken without prior notice to protect platform integrity.
• Review opportunities: clients may request a review of any imposed restriction or account action. Appeals are considered case by case, and BloomFunded reserves the right to uphold its original decision.
• Limitation of liability: BloomFunded shall not be liable for any losses or damages resulting from imposed trading restrictions or account termination.

2.4 Consequences of Prohibited Practices

If any or all of the Prohibited Trading Practices are carried out on one or more BloomFunded Challenge Accounts of a Customer, or combined with other accounts, the Provider is entitled to cancel all Services and terminate all relevant contracts. The Customer shall not be entitled to a refund of fees paid.

2.5 Repeated Violations

If the Customer repeatedly engages in any of the practices described in Article 2.1 and has been previously notified, the Provider may deny access to all or part of the Services without compensation.

2.6 Third-Party Trading Responsibility

The Provider shall not bear any responsibility for trading or investment activities the Customer performs outside the relationship with the Provider, even if using the same trading platform for real trading.

Section 3 – Giveaway Accounts

Any trading account issued by BloomFunded as part of a promotion, giveaway, competition or discretionary allocation (a “Giveaway Account”) shall be subject to the following conditions:

• Payout limitation: the holder shall be eligible to receive a maximum of two (2) payouts only, each capped at five percent (5%) of the initial account balance.
• Total payout cap: total cumulative payouts shall not exceed ten percent (10%) of the initial account balance.
• Automatic termination: upon completion of the second payout, or upon reaching the maximum cumulative payout limit, the account is automatically terminated.
• No conversion or extension: Giveaway Accounts are strictly non-convertible and non-renewable.
• No monetary value: Giveaway Accounts hold no direct monetary purchase value, are non-transferable, and may not be sold, assigned or exchanged.
• Discretionary enforcement: BloomFunded reserves the right to modify, revoke or terminate any Giveaway Account at any time in the event of abuse, breach of rules or suspected misuse.

Section 4 – Know Your Customer (KYC)

BLOOM GROWTH-FZCO is committed to implementing robust and comprehensive procedures in accordance with legal and regulatory requirements pertaining to Know Your Customer (KYC), Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD).

4.1 Know Your Customer (KYC)

• Identification and vetting: establish a streamlined and efficient mechanism for identifying and vetting prospective counterparties.
• Risk mitigation: mitigate the risks of money laundering by acquiring and analysing relevant information.
• Detection of suspicious transactions: facilitate the detection of suspicious transactions by identifying inconsistencies with the information received.

KYC verification must be conducted solely by the individual account holder. Multiple individuals attempting KYC verification for a single account are strictly prohibited. If such violations are detected, the Provider reserves the right to terminate the account with immediate effect.

4.2 Customer Due Diligence (CDD)

• Identity verification: collecting verifiable identification data to unequivocally establish identity.
• Understanding trading intent: understanding the intended nature and purpose of the counterparty’s trading activities.
• Ongoing monitoring: ensuring activity is consistent with the stated trading strategy, risk profile and financial resources.

4.3 Enhanced Due Diligence (EDD)

• Additional identity verification documents where standard documentation is insufficient or questionable.
• A detailed interview, which may include a video call, to assess legitimacy.
• Deeper insight into the counterparty’s trading methodology.
• Intensified and ongoing monitoring of trading activity.

4.4 KYC Procedures by BloomFunded

• Identity is verified based on original or properly certified documents after the challenge phases have been successfully completed.
• Verification is completed by scanning a QR code or receiving a verification link via SMS.
• Acceptable documents are government-issued photo ID: National ID, Passport or Driving License.
• Expired documents are not accepted — only the most recent valid documents will be processed.
• After documents are gathered, the counterparty proceeds to Agreement Signing (full name, address and acceptance of terms). Verification may take 48–72 hours.
• The Provider requires strict compliance and may refuse or discontinue engagement if CDD, EDD or KYC criteria are not satisfactorily met.
• Failure to pass KYC verification results in rejection of the account application.
• KYC is conducted via the trusted third-party provider Veriff, not directly by the Provider.
• The Provider does not store KYC data; all information is processed and secured by the third-party provider and governed by the Privacy Policy.

Section 5 – Refund Policy

5.1 Termination Request by Customer

A Customer wishing to terminate their Client Section must send a request to support@bloomfunded.com. Such a request signifies the desire to end the contractual relationship, resulting in the loss of access to all Services. Under these circumstances, the Customer forfeits any right to refunds of fees previously paid.

5.2 Severe Violations

Where the Customer engages in prohibited practices of a serious nature, the Provider may restrict access to all Services and terminate the account immediately without compensation, potentially without prior warning. No refunds will be issued, including payments made for add-ons.

5.3 Activation of Services

Upon paying the fee, the Customer receives login data. By executing the first trade, the Customer acknowledges the Provider completes the Services before the withdrawal period ends, thereby waiving the right to contract withdrawal.

5.4 Non-Activation

If the Customer does not activate the account within 30 calendar days, access will be suspended. Renewal can be requested via email to support@bloomfunded.com.

5.5 Disputes and Chargebacks

In the event of an unjustifiable fee dispute or chargeback, the Provider reserves the right to cease services and deny future services at its discretion.

5.6 Refunds

A refund request must be made within 7 days of registration if no trading activity has occurred. Once trading commences, fees become nonrefundable, with no provision for full or partial refunds.

Section 6 – Payout and Withdrawal Policy

Payouts are every 15 days, and payouts are capped at $2,000 per month.

Section 7 – Dispute Resolution Policy

• Pausing accounts for disputes: where a Customer raises a dispute regarding a transaction made to BloomFunded, the associated trading account will be paused.
• False disputes: BloomFunded may permanently suspend any Customer found to have raised a false dispute — where services were delivered without issue yet a dispute was initiated.
• Reactivation: the Customer must withdraw the dispute and provide official proof; the Risk Management Team will verify the documents before reactivation.
• Verification timeline: verification and reactivation may take 30 to 45 business days. Contact support before initiating any dispute.
• Contact for issues: reach the support team via our designated Intercom channel or support@bloomfunded.com.

Section 8 – Entire Agreement

The Provider’s decision not to exercise or enforce any right or provision of these Terms shall not be deemed a waiver of such right or provision. Any waiver will be effective only if in writing and signed by the Provider.

These Terms, along with any policies or operating rules posted by the Provider, constitute the full and exclusive understanding and agreement between the Customer and the Provider, overriding all prior or contemporaneous agreements, communications and proposals. Any ambiguity regarding intent or interpretation shall be resolved neutrally and not automatically against the drafting party.

Section 9 – Governing Law

These Terms, as well as any additional agreements under which the Provider gives the Customer Services, are regulated and construed in accordance with the Provider’s legal jurisdiction, i.e. the United Arab Emirates.

Section 10 – Local Law

The Customer is advised to be fully aware of and comply with all local laws and regulations pertaining to their participation in the Services. The Customer acknowledges that they are engaging in the Service at their own risk. By using the Services, the Customer affirms they are over the age of 18 and acknowledges that the Provider is not responsible for any actions taken by the Customer that may violate local laws.

Section 11 – Changes to These Terms

The Provider reserves the right to modify, update or revise these Terms at any time at its sole discretion. Changes will be communicated through appropriate means, including notifications on the website or via email. By continuing to use the services after such changes, the Customer agrees to be bound by the revised Terms.

Section 12 – Contact Information

Office address: Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, UAE. Email: support@bloomfunded.com