FAQs

Find quick answers to the most common questions about our programs, rules, payouts, and trading conditions. Whether you’re just getting started or preparing to scale, this page helps you understand everything you need to know before joining Fundedbit.

Getting Started & Evaluation Basics

A crypto prop firm is a company that funds traders to trade cryptocurrency markets. After passing an evaluation, traders receive access to simulated capital and share rewards on profits generated. Designed for 24/7 digital asset markets with specific risk rules.

Fundedbit is one such firm, built specifically for crypto and integrated directly with Bybit. Operated by Fundedbit L.L.C-FZ in the UAE (Meydan Free Zone, Dubai), we run three evaluation models — FastTrack, 1-Step, and 2-Step — with transparent risk rules and a zero-denial payout policy.

A program that gives traders access to simulated capital after meeting performance requirements in an evaluation. Once funded, rewards are split per program terms.

Once you pass a FastTrack, 1-Step, or 2-Step challenge with Fundedbit, you receive a simulated funded account with up to $100,000 in allocated capital. Depending on the challenge you chose, you keep between 80% and 100% of the rewards.

A performance test where traders must reach a profit target without breaching risk limits (daily loss, max drawdown). If successful, they qualify for a simulated funded account.

Fundedbit offers three such models: FastTrack asks for 5% in a single step, 1-Step for 10% in a single step, and 2-Step splits the evaluation into Phase 1 (10%) and Phase 2 (5%). Every challenge requires a minimum of 4 trading days and has no time limit.

Trailing drawdown adjusts upward as your account reaches new peak equity, tightening your allowable loss relative to those highs.

Absolute drawdown is locked to your starting balance and does not change, regardless of performance.

In short: one scales with progress, the other stays fixed.

Trading Rules & Account Conditions

Crypto prop firms operate 24/7 with higher volatility and support major crypto pairs. Forex prop firms focus on currency pairs with fixed trading hours. Risk rules, leverage and parameters tailored to the asset class.

Fundedbit is built specifically around crypto market behaviour: direct Bybit integration, overnight and weekend holding allowed, leverage at 1:30 — all conditions designed for 24/7 crypto, not adapted from forex.

The percentage gain a trader must reach during an evaluation to qualify for a funded account, achieved without breaching risk management rules.

On Fundedbit accounts, profit targets are 5% for FastTrack, 10% for 1-Step, and 10% (Phase 1) + 5% (Phase 2) for 2-Step. The target is calculated on the simulated starting balance — for example, $1,000 on a $10,000 1-Step account.

The maximum amount a trader can lose in a single trading day. Exceeding it ends the evaluation or funded account. A core risk-management rule in every prop firm.

On Fundedbit challenges, daily loss limits are 3% for FastTrack, 4% for 1-Step and 5% for 2-Step of the starting balance. They are tracked in real-time on live equity (including open positions) and reset at 12:15 AM UTC.

The evaluation ends immediately. Breaches are detected in real-time on live equity, no end-of-day grace. Restart anytime.

Yes. Crypto markets operate 24/7, so you can hold positions overnight and across weekends with no forced closure.

No. Expert Advisors and automated trading systems are not permitted on any challenge (FastTrack, 1-Step, 2-Step). Manual execution only.

Funding, Payouts & Earnings

Rewards depend on performance, account size, and profit split. Traders keep a percentage of profits generated on the simulated account.

Fundedbit offers profit splits of 100% on FastTrack and 80% on 1-Step and 2-Step, with account sizes ranging from $5,000 to $100,000. As a reference, the Programs page shows average payouts from $492 on the $5K tier to $5,968 on the $100K tier.

Traders request withdrawals after meeting eligibility (waiting period from first funded trade). Rewards processed per firm’s schedule, on demand or recurring.

With Fundedbit, first payout eligibility starts 14 days after your first funded trade on FastTrack and 21 days on 1-Step or 2-Step. Approved payouts are processed within 24 hours, paid in USDT on-chain (TRC-20 or ERC-20), and honoured under our zero-denial policy.

There is no time limit on the evaluation. You get funded as soon as you hit the profit target while respecting the risk rules. Most traders complete their challenge within 1 to 3 weeks, trading whenever suits them across crypto’s 24/7 markets. The pace is entirely yours.

Legitimate firms operate with transparent rules, clear payout policies, documented risk parameters, and a registered legal entity. Review terms and company registration before joining.

Fundedbit operates as Fundedbit L.L.C-FZ, registered in the UAE (Meydan Free Zone, Dubai, License 2530279.01). Every rule, drawdown threshold, profit split, and payout condition is published in our Trading Rules and Terms. The zero-denial policy means approved payouts are always honoured.

 

Main risk: failing the evaluation and losing the entry fee. Other considerations: rule compliance, platform stability, firm legitimacy.

With Fundedbit, the only cost on failure is the evaluation fee, which is non-refundable once credentials are delivered — there is no further liability. We minimise risk by publishing all rules upfront, offering an unlimited trading period on every challenge, and applying a real-time risk system so you always know where you stand.

Compliance, Legitimacy & Platform

A rule that caps single-day share of total profits, rewarding steady performance rather than one large trade.

Fundedbit applies the consistency rule to funded accounts only, not during the challenge. FastTrack caps a single day at 20% of total rewards, 1-Step at 40%, while 2-Step has no consistency cap.

Fundedbit operates a zero-denial policy. Payouts always honoured unless rule breach, prohibited activity, account sharing, or multi-account abuse.

KYC (Know Your Customer) verifies trader identity and address to comply with AML regulations and ensure safe payouts. Requires valid government-issued ID and proof of address.

Fundedbit requires standard KYC (identity and address verification) before your first payout is processed. This protects your account and keeps us compliant with UAE regulations.

All challenges are traded on Bybit, with deep liquidity and fast execution during high-volatility periods.

Markets, Strategies & Payouts

Major crypto pairs (BTC, ETH, others) on the Bybit platform. Full list on the Symbols page.

EAs prohibited. Also prohibited: HFT, latency arb, martingale, hedging between accounts, multi-account abuse, copy-trading, restricted news. Manual scalping and swing OK.

Close all open trades, then submit your payout request from your dashboard. Once received, your request is reviewed and processed within 24 hours.

Payouts are sent in USDT on-chain (TRC-20 or ERC-20). Zero-denial policy.

Challenge Rules, Account Details & Eligibility

Profit targets vary by program: FastTrack requires 5%, 1-Step requires 10%, and 2-Step requires 10% in Phase 1 and 5% in Phase 2. The minimum trading period is 4 days for all programs.

Yes, there is no time limit. Resume whenever you want, as long as you meet the min days.

Daily drawdown is set at 3%, 4%, or 5% depending on the program and resets at 12:15 UTC. Maximum drawdown is either 6% trailing or 10% absolute, based on the account type. Risk per pair is capped at 2%, and hedging between accounts is not allowed.

Profit split is 100% on FastTrack and 80% on 1-Step and 2-Step accounts. The first payout is available after 14 days (FastTrack) or 21 days (1-Step and 2-Step).

Payouts are made in USDT on-chain (TRC-20 or ERC-20), with no processing fees.

We offer FastTrack, 1-Step, and 2-Step challenges. Account sizes include $5K, $10K, $25K, $50K, and $100K. Instant funding is not available.

Increase of allocated capital based on consistent performance and risk control over time.

Fundedbit opens scaling opportunities as you demonstrate consistent profitability across our $5K to $100K tiers. Core risk rules (daily loss, drawdown, consistency) stay unchanged when you scale — only the allocated capital grows.

Leverage lets you control a larger position with less capital (1:30 = $1 controls $30). Copy-trading replicates trades between accounts, generally prohibited in prop firms.

Fundedbit sets leverage at a fixed 1:30 paired with a 2% maximum exposure per trading pair. Copy-trading, mirrored trading and multi-account coordination are explicitly prohibited across every challenge.

Copy trading is not permitted. Leverage is fixed at 1:30 across all accounts.

Anyone aged 18 or older can apply from most countries worldwide. Some regions are restricted (see Terms for the full list). No prior trading experience is required.

You’ll need a stable internet connection, a supported device, and access to Bybit to trade.

Challenge fees are non-refundable, except in cases where account credentials are not delivered within 24 hours. Credentials are typically issued within 24 hours of purchase.

Challenges can be cancelled by contacting support via email. Accounts that remain inactive for 90 days may be terminated.

For any assistance, you can reach support at support@fundedbit.com or via Discord.

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