How is the maximum daily loss calculated at CoveFunded? covefundedadmin November 4, 2024 The maximum daily loss at CoveFunded is calculated from the **start of the trading day**. This means that the daily
Are there any profit targets on funded accounts at CoveFunded? covefundedadmin November 4, 2024 No, there are no profit targets on funded accounts at CoveFunded. Once you have a funded account, you are free
Can I hold trades during news events and over the weekend on a funded account at CoveFunded? covefundedadmin November 4, 2024 Yes, you can hold trades during news events and over the weekend on a funded account at CoveFunded. Unlike some
What happens with profits from trades closed within 1 minute at CoveFunded? covefundedadmin November 4, 2024 Profits from trades closed within 1 minute at CoveFunded are generally **not counted** towards your overall performance, but this does
Can I retake a challenge at CoveFunded? covefundedadmin November 4, 2024 Yes, you can retake a challenge at CoveFunded. If you want to retake the challenge, you should contact the support
What happens if I fail a challenge at CoveFunded? covefundedadmin November 4, 2024 If you fail a challenge at CoveFunded, the following typically occurs: Evaluation Review: CoveFunded will review your performance against the
What is the maximum leverage available at CoveFunded? covefundedadmin November 4, 2024 At CoveFunded, the maximum leverage available varies depending on the phase of the evaluation: Phase 1: The maximum Available Leverage
Are there minimum or maximum trading days during the evaluation at CoveFunded? covefundedadmin November 4, 2024 Yes, there are minimum trading day requirements during the evaluation at CoveFunded: Phase 1: A minimum of 4 trading days
What is the required virtual profit target to pass the evaluation at CoveFunded? covefundedadmin November 4, 2024 At CoveFunded, the required virtual profit targets to pass the evaluation are as follows: 1-Phase Model: The Profit Target is
How big can the capital be that I manage at CoveFunded? covefundedadmin November 4, 2024 At CoveFunded, the capital you can manage can grow significantly based on your performance. Initially, traders typically start with a