How do you trade forex on a funded account?

On the 1-Step, 2-Step and Instant Funded you trade in the MyFundedCapital Terminal. The forex list covers ten pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF, USDCAD, EURJPY, GBPJPY and EURGBP. Open an instrument’s details in the Terminal to see its contract size, commission, swap and trading hours before you trade it.

Your account is in US dollars. On pairs quoted in another currency, such as the yen pairs or EURGBP, the Terminal converts profit, loss, margin and your limits to US dollars at the live rate. Start with two or three pairs and learn how they behave; depth beats breadth.

Forex trades around the clock on weekdays, but liquidity comes in waves:

• Asian session. Usually quieter; the yen and Australian dollar pairs are most active.
• London session. The deepest liquidity of the day; the euro and pound pairs often set the day’s direction here.
• New York session. US data releases land early in the session, and the London–New York overlap is typically the busiest stretch.

The big drivers are interest-rate expectations, inflation and jobs data, and central bank decisions. That is why the economic calendar belongs in your daily routine.

Many funded traders pick one session and trade only that. It keeps the routine short, matches your energy to the market’s, and makes your journal easier to read because every trade happened in similar conditions.

Size comes from risk, not from leverage. The formula is: lots = risk in dollars ÷ (stop in pips × pip value per lot). On EURUSD one standard lot is worth about $10 per pip.

Worked example: a $10,000 account risking 0.5% risks $50. With a 25-pip stop, 25 × $10 = $250 per lot, so the position is $50 ÷ $250 = 0.20 lots. Round down, never up. On yen pairs and other non-dollar quotes the pip value differs, so let the ticket do the conversion. If the stop hits, you lose $50, a small part of the $500 daily limit on a 1-Step account.

The order ticket in the Terminal shows the loss at your stop and what is left of each limit before you send the order, and “Fit to limits” sizes the ticket for you.

Forex leverage is 1:50 on the 1-Step, 1:100 on the 2-Step and 1:30 on Instant Funded. Leverage only sets how much margin a position needs; your loss limits do not change with it. A trader using full leverage can breach in one move.

On 1-Step, 2-Step and Instant Funded accounts bought from 7 October 2026, opening new FX positions is blocked from 2 minutes before to 2 minutes after high-impact news. Closing a position is always allowed, and the News Trading add-on removes the restriction. Holding over the weekend needs the Weekend Holding add-on.

Scalping, high-frequency trading and hedging are prohibited, so build setups that are meant to last longer than a few seconds of noise.