FAQ

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Funded Unicorn promise

  • How long does it take to process a payout?

    Funded Unicorn is committed to processing payouts as quickly as possible. The time window until the payment is released is 24 – 48 hours.

    Please note that if the payment method or address is entered incorrectly, the processing time may be longer than usual.

  • What happens if I don't follow the Funded Unicorn rules?

    Review and action: Funded Unicorn will review the trader’s trading activities. Depending on the severity of the violation, appropriate action will be taken in accordance with the Terms of Use.

    Transparency and fairness: Funded Unicorn is dedicated to transparency and fairness. In the event of such incidents, communication with the merchant will be clear, supported by relevant evidence, and all actions will be rightly taken.

  • Can traders from the USA work with Funded Unicorn?

    Currently, traders from the USA cannot trade with Funded Unicorn

    From the broker’s point of view, it is currently not possible to implement this. However, we will do our best to realize this in the future.

Trading conditions and guidelines / account information

  • Can I trade cryptocurrencies with Funded Unicorn?

    Yes, Funded Unicorn offers you a variety of cryptocurrency pairs to trade.

  • Is trading in the Funded Unicorn Challenge and in the trading account conducted under real market conditions?

    Yes, technically the orders you initiate are executed at simulated real market prices using Funded Unicorn’s liquidity providers. 

    We would like to point out once again that all trading, whether in the Funded Unicorn Challenge or in the trading account, only takes place on a demo account at all times.

  • Which broker is Funded Unicorn affiliated with?

    Funded Unicorn does not have a broker license or offer such services. Instead, we offer our traders access via Match-Trade, which acts as a trading platform.

    Funded Unicorn works with the broker GBE.

  • Can I use VPN or VPS?

    Traders at Funded Unicorn are not allowed to use VPN or VPS services.

  • Who pays the taxes on my profit?

    We will not give you any tax advice or recommendations. 

    If in doubt, consult a tax advisor.

  • Are there any hidden or recurring fees?

    Funded Unicorn attaches great importance to transparency and simple pricing. This means that Funded Unicorn has no hidden and confusing costs.

  • Do I have to pay fees if the account is closed?

    No, Funded Unicorn does not charge any fees in connection with the closure of an account.

  • Can I extend or adjust the inactivity period?

    No, the inactivity period of 20 consecutive days is a fixed standard at Funded Unicorn that cannot be circumvented. This applies to all accounts and traders.

  • How long can my account be inactive?

    A challenge or trading account may be inactive for a maximum of 20 consecutive days. If this happens, we will consider it a breach of the rules.

    To avoid this process, log in to your account regularly and execute at least one order.

    Submitting a limit order is not sufficient for this. The trade must be fully opened for the system to recognize a trade. This procedure ensures that traders are active on the platform.

  • Can I change my password for the trading platform?

    The password, which you must change when you first log in, serves as the access key to your Funded Unicorn account and therefore also to all your trading activities and sensitive information. You can change it later at any time.

  • Is there an age limit for customers?

    If you want to get a Funded Unicorn account, you must be at least 18 years old. Due to the risks and responsibilities involved, a certain level of experience and maturity is required.

    You must understand and agree to the contractual agreements. Legislation in many countries has stipulated that persons under the age of 18 often do not have the legal capacity to enter into binding contracts and commercial agreements with a high degree of responsibility.

  • Which trading strategies are prohibited at Funded Unicorn?

    With an automated, strong monitoring system and strict guidelines, we maintain the integrity of our platform and ensure fairness.

    In order to provide you with a fair market environment, the following activities and strategies are strictly prohibited at Funded Unicorn: Arbitrage Trading, Martingale Strategie.

    Opposing positions, i.e. long/short positions in the same underlying virtual financial instrument.

  • Are there any restrictions in the trading strategy?

    We give you complete freedom when it comes to your trading style at Funded Unicorn.

    As long as the trade is legitimate and in line with real market conditions, there are no restrictions on your trading style or strategy.

    Some activities are strictly prohibited on the Funded Unicorn platform as they abuse market routines.

  • Is it mandatory to use a stop loss?

    A stop loss (SL) is mandatory with Funded Unicorn. It is a risk management tool that helps you to limit potential losses and protect profits. Every trade must include an SL, otherwise you will be in breach of our rules.

  • Can I hold my trades overnight / over the weekend?

    Funded Unicorn allows you to hold your trades overnight and over the weekend.

  • Can bots or indicators be used with Funded Unicorn?

    At Funded Unicorn, all traders are allowed to use indicators. This allows you to improve your trading strategy and style.

    Each trader is responsible for ensuring that his trading parameters are individual and that the account suits his trading style.

    Trading with a bot is prohibited on our platform and will always result in your account being closed.

  • Are there copy trading rules at Funded Unicorn?

    Funded Unicorn does not offer the option of copy trading.

  • Is there a country restriction for Funded Unicorn?

    Residents of Bangladesh, North Korea, Syria and the United States are currently unable to access the Funded Unicorn trading platform.

  • Which financial products can be traded?

    All information can be found at https://gbebrokers.com/de/produkte/.

Account information

  • Can I also pay in another currency?

    When paying by credit card, payment is automatically made in the desired foreign currency. 

    A service fee in the respective national currency will be charged. Please contact your bank for information on the relevant fees.

    Currently we only accept US dollars.

  • What is the Pip or Point value for Funded Unicorn?

    Understanding the Pip or Point value is essential in forex trading as it plays a crucial role in managing your risk and estimating your potential profits or losses.

    The value of a Pip or Point is not static, it changes depending on the currency pair, commodities and indices you are trading.

  • What is a Funded Unicorn Account?

    We provide you with a Funded Unicorn Trading account with fictitious capital in a simulated environment. All movements, prices and fees of a real market are taken into account in this fictitious account. As a trader, you do not execute any transactions on real live markets.

  • How many accounts can I have with Funded Unicorn?

    The maximum capital per trader and household is $400,000.

    Should it be determined that you have obtained multiple accounts through different registrations and your total available funds exceed $400,000, we reserve the right to close the accounts in accordance with the AGB.

  • Can I reset my account if I break the rules?

    No, but you can buy a Funded Unicorn Challenge at any time.

  • What happens if I am in profit but reach the daily drawdown?

    In this case, you have violated our rules. The account will be closed once the daily drawdown has been reached.

  • Do I get a bonus if I achieve more than the trading target?

    There is no bonus in the Funded Unicorn Challenge.

  • Can I get my registration fee back?

    With the first successful payout you will also receive a refund of your challenge costs. The refund will be processed with the first payout.

  • How often can I request a payout?

    A payout can be requested at any time.

    The first payout will be issued 7 days after the start of trading following a successful application. With the first withdrawal you will also receive your initial fees back. Thereafter, withdrawals of 1% of the account size purchased will be made on request every 7 days.

    As soon as you have reached VIP status after 6 months, your share of the winnings will not only be increased to 90%, but your payout will also be processed and executed immediately after the request. In VIP status, a payout can be requested at any time and without limit.

  • When do I get a Funded Unicorn Trading account?

    If you have reached the required profit target in the challenge and have adhered to all trading rules and guidelines, you may claim a Funded Unicorn Trading account.

  • Do I have to adhere to the daily drawdown and the maximum drawdown?

    All traders must adhere to the general loss limits of daily drawdown and maximum drawdown while working with Funded Unicorn.

  • How high is the maximum drawdown?

    Each trader may lose a maximum of 6% of the initial balance of an account before the maximum drawdown rule is violated.

  • How high is the daily drawdown?

    With Funded Unicorn, traders are allowed to lose 3% of their original account balance in one trading day as a daily drawdown. If your original account balance was $200,000, 3% of this amount is $6000. Therefore, your loss should not exceed $6000 in a 24 hour period.

  • Are there minimum trading days in the Funded Unicorn Challenge?

    At Funded Unicorn you have complete freedom in this respect and can take as long as you like. We have no minimum trading days in all accounts.

  • What is the maximum leverage of the trading account?

    The maximum leverage for Funded Unicorn is 20:1.

  • Can I combine my accounts?

    There are no plans yet to merge the accounts.

  • When will I receive the access data for my account after payment?

    The account will be processed as soon as your payment is completed. If you have not received an e-mail, please check your spam folder.

  • What is the profit split at Funded Unicorn?

    On the Funded Unicorn Trading account you will receive 75% of your profits from the first payout. Through consistency and a good trading strategy, you can achieve VIP status after 6 months, which secures you 90% profit sharing.

  • What capital can I receive as a Funded Unicorn Trader?

    Funded Unicorn offers every trader the account size that suits them. You can choose between accounts with a balance of $50,000, $100,000, $200,000 or $400,000.

  • How does the maximum drawdown behave in the Challenge- and Funded Account?

    The maximum drawdown trails its maximum level (closed profit/loss) up to the starting balance, at which point the maximum drawdown remains constant.

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About Funded Unicorn

  • Which languages are supported?

    German and English languages are supported

  • Why should I become a Funded Unicorn Trader?

    Here you can become part of a community and contribute to the success of the company yourself. Our goal is to build a close-knit community of traders who can exchange ideas and support each other on WhatsApp and Telegram.

    We invite you to become part of this community and join us on your path to success. At Funded Unicorn you will be supported by real traders. Your success is our top priority. With Thomas Hartmann, we have one of the best traders as a coach in our company.

    Experience with us the greatest possible transparency, simplest specifications, best trading conditions and reliability that you can find on the market.

    Unleash your full trading potential with Funded Unicorn. Because the best is just good enough for YOU!

  • Is Funded Unicorn regulated?

    Due to the nature of our products and services, Funded Unicorn is not subject to financial services regulation, but is nevertheless licensed by the Federal Financial Supervisory Authority.

    Funded Unicorn is registered in Germany and operates as a global trading platform

  • Where is your company located?

    Funded Unicorn is registered in Germany and operates as a global trading platform based in Germany and actively conducts business from this location.

    Schneidemühler Str. 3, 76139 Karlsruhe, Deutschland

  • What does Funded Unicorn offer?

    Our trading account offers a profit split of up to 90% on up to $400,000 in capital, with no additional costs for fast withdrawals, short withdrawal processing times and a trusted platform designed by traders for traders. Our one-step evaluation model makes it easy to use, while VIP status can be achieved after 6 months of trading. 

    Our CEO is a certified exchange trader at the Frankfurt Stock Exchange, with over 20 years of experience. In addition, we offer a transparent and streamlined set of rules, and we are regulated due to being based in Germany.

Funded Unicorn Challenge

  • What account size do I get with Funded Unicorn?

    The following account sizes are currently available: 50,000 $, 100,000 $, 200,000 $, 400,000 $.

  • How high is the profit share with Funded Unicorn?

    Your profit share is up to 90% on the Funded Unicorn Trading account.

    In addition, your challenge fees will be credited back to you when you first withdraw your winnings.

  • How many days do I have to complete the Funded Unicorn Challenge?

    There is no time limit for completing the Funded Unicorn Challenge. We give you the freedom to take as much time as you need to complete the challenge with your personal trading style.

  • What is the profit target for Funded Unicorn?

    In the Funded Unicorn Challenge, you must achieve a profit target of 10%. There is no profit target in the Funded Unicorn Trading account.

  • Do I get a Funded Unicorn Trading account if I reach the 10% profit target in 2 days?

    As we have not set any minimum trading days for you, you are free to decide when you reach the profit target. It’s just important that you stick to the rules and as soon as you reach the 10% profit target, you can claim a Funded Unicorn Trading account.

  • What happens when I pass the Funded Unicorn Challenge?

    If you have successfully reached the profit target of 10%, the system will perform an automatic check at the end of the trading day.

    If you have complied with all the rules, you will receive a message by e-mail. If you have not yet verified yourself, the system will now ask you to verify yourself.

  • What rules do I have to follow during the challenge?

    The maximum daily drawdown in the Funded Unicorn Challenge is 3% of the initial account balance.

    The maximum drawdown in the Funded Unicorn Challenge is 6% of your original account balance. This means that your account balance may not fall below 94% of the original balance at any time.

    There is no minimum trading day in the Funded Unicorn Challenge. We give you the time you need to successfully complete this challenge.

    You are strictly prohibited from copy trading in the Funded Unicorn Challenge.

    The use of VPN or VPS services is prohibited during the Funded Unicorn Challenge.

    Traders are not allowed to use bots in the Funded Unicorn Challenge. Indicators may be added to the chart at any time to help you optimize your trading style and customize the chart.

    The Funded Unicorn Challenge has strict rules and guidelines. These are necessary to prevent any form of fraud or misuse of the platform. Before starting the challenge, please read our terms and conditions carefully, which you must agree to when you register. All the rules and guidelines contained therein are for your safety and help to ensure fair treatment of each other.

  • Drawdown rules during the Challenge?

    The loss/gain is only taken into account when the position is closed.