Frequently Asked Questions

Yes — your evaluation fee is fully refunded when you receive your first profit payout as a funded trader.

HB Funded uses a two-phase evaluation. Phase 1 requires an 8% profit target over a minimum of 15 trading days. Phase 2 is always free — a shorter 4% target over 10 minimum trading days to confirm consistency. Pass both phases and you become a funded trader. There is no second fee — Phase 2 is included at no extra cost.

The evaluation requires an 8% profit target with a 5% daily loss limit and 10% maximum drawdown. There is no time limit — take as long as you need. A minimum of 15 trading days is required (a day counts when at least one trade is opened and closed).

If you breach a rule — such as exceeding the daily loss limit or maximum drawdown — your evaluation will be closed. You may re-attempt by purchasing a new evaluation. Risk rules exist to protect both you and the platform and are applied without exception.

Once you pass Phase 2, here is exactly what happens:

1. HB Funded is notified automatically and reviews your evaluation.
2. Within 3–5 business days, your demo account is reset to a clean funded balance (same size as your evaluation).
3. You receive a welcome email confirming your funded status and your starting profit split (50%).
4. You continue trading on the same demo account — 5% daily loss limit and 10% max drawdown still apply. There is no profit target on the funded account.
5. Request a payout at any time from your dashboard. Payouts are processed within 2-3 business days.
6. After every 3 consecutive profitable months your account grows by 25% and your profit split increases — up to a maximum of £200k and 80%.

Yes — there is no limit on retry attempts. Simply purchase a new evaluation from the pricing page and start again. The evaluation fee is the same each time.

You can trade any instrument available on your chosen demo account — including UK and US stocks, indices (FTSE 100, S&P 500, DAX), forex pairs, commodities (Gold, Oil), and cryptocurrencies where available. All instruments offered by your accepted provider on their demo account are permitted.

Yes — there are no restrictions on overnight or weekend holding. Trade at your own pace. Just be mindful of weekend gap risk on volatile instruments.

No — scalping, day trading, swing trading, and longer-term position trading are all allowed. Automated bots and Expert Advisors (EAs) are also permitted provided you are actively monitoring them. High-frequency trading (HFT) and copy trading are not permitted.

UK residents trading via spread betting demo accounts may benefit from tax-free profits — spread betting is exempt from both Capital Gains Tax and Income Tax under current HMRC rules. We recommend consulting a qualified tax adviser for your specific situation.

Every trader starts at the same 50% profit split, no matter which plan you choose. Your split then grows purely based on how long you've been a funded trader:

• Apprentice (0 months) — 50% profit split
• Associate (3 months) — 65% profit split
• Senior (7 months) — 75% profit split
• Elite (12 months) — 80% profit split

Consistent funded trading advances you through these tenure milestones automatically, up to a maximum of 80%.

Payout requests are typically processed within 2-3 business days. You can request a payout at any time — there is no minimum waiting period — minimum payout is £20.

The evaluation fee is deducted from your first profit payout as a funded trader. You do not need to do anything — it is applied automatically when your first payout is processed.

Payouts are sent directly to your UK bank account via bank transfer. You will be asked to provide your account details when you submit your first payout request from your dashboard. There are no fees charged on payouts — minimum payout is £20.

If you breach the daily loss limit or maximum drawdown during the evaluation, your evaluation ends and the fee is not refunded — this reflects the cost of accessing the funded programme. You are welcome to purchase a new evaluation and try again at any time. There is no limit on the number of attempts.

The following platforms are currently accepted for evaluations:

• IG Group
• Capital.com
• OANDA
• Pepperstone
• FxPro
• ThinkMarkets
• IC Markets
• XM
• Exness
• Admirals
• Tickmill
• Interactive Brokers
• Binance
• Bybit

All evaluations must be carried out on a demo account with one of these platforms. Accounts on unsupported brokers or personal servers will not be accepted.

Yes. You must open a demo account with one of our accepted platforms before starting your evaluation. You then connect it to HB Funded via your trader dashboard using your demo account API key. Full setup instructions are shown step by step inside the dashboard — no technical knowledge required.

1. Log in to your IG account at ig.com
2. Go to My IG → Settings → API
3. Click Create API key and give it a name (e.g. “HB Funded”)
4. Copy the API Key and your Account ID
5. Paste both into your HB Funded dashboard under Connect Broker

Use your demo account API key, not your live account. IG labels it clearly in the API settings screen.

1. Log in to your Capital.com account
2. Click your profile icon (top right) → Account Settings
3. Select API Access from the left menu
4. Click Generate new key
5. Copy the API key shown — it is only displayed once, so save it immediately
6. Paste it into your HB Funded dashboard under Connect Broker

Make sure you are logged into your demo account before generating the key.

1. Log in to the Pepperstone client portal at secure.pepperstone.com
2. Navigate to My Account → API Settings
3. Click Create API Token and select Read-only access
4. Copy the token displayed
5. Paste it into your HB Funded dashboard under Connect Broker along with your demo account number

Only read-only access is required — HB Funded never places or modifies trades on your account.

No — evaluations must be conducted on a demo account only. Live accounts cannot be connected to HB Funded.

Currently, HB Funded only accepts registrations from UK-based traders. This is due to regulatory and compliance requirements. We may expand to other regions in the future.

Yes — creating an HB Funded account is completely free. You only pay when you choose to purchase an evaluation.

Email us at support@hbfunded.co.uk. We aim to respond within one business day.

Evaluation fees are non-refundable except on your first profit payout as a funded trader, which is refunded automatically. If you believe your evaluation was affected by a platform error or technical fault on our part, email support@hbfunded.co.uk with your account reference number and details of the issue. We review all requests within 5 business days.