This article details the process of becoming a Moneta Funded trader in great detail. From completion of the evaluation phase to requesting payouts, below we share the details of what it takes to become a funded trader at Moneta Funded.
Once a user opens an account, they have unlimited days to trade as a part of the Moneta Funded Instant, 1-Step, or 2-Step Challenge offerings. The only restriction is a 30-day inactivity rule wherein traders must execute a trade within 14 days, or their account will be breached.
If you meet the profit threshold and the minimum profitable days (excluding Instant Funding programs), traders will be eligible for progressing to the next phase (on 2-Step), or graduating to a Funded account on both 1-Step and Instant Funding account types.
Traders will be required to complete KYC once reaching Funded status using our third-party partner, Sumsub. Failure to satisfy KYC requirements, will result account closure and a ban from utilizing Moneta Funded's services.
Prior to graduating to a Funded account, all traders must complete our internal review process wherein we will examine all trading behaviors and strategies utilized throughout the challenge's phases to determine if you're eligible to graduate to a funded account. Specifically, our internal review process will ensure that no prohibited strategies or trading behaviors were demonstrated as detailed within this article [LINK PROHIBITED TRADING STRATEGY ARTICLE].