Go Fund: Introduction
We're on the lookout for seasoned traders who have experience with the nuances of trading: to ensure we find the best; we have a 2-step Evaluation Process – the Go Fund Challenge and Verification stages. Once you clear this evaluation,you can get access to your Go Fund Account, where you can reap rewards of up to 80% of your profits.Moreover, to overcome the challenges of the trade, our educational apps, account analyses, and dedicated performance coaches are here to guide you towards success.
As reputation is of utmost significance in our industry, we encourage you to explore legitimate reviews. Check out Go Fund on trusted review platforms and go through client feedbacks on YouTube, and testimonials on our site.At Go Fund, we believe inour clients' experiences as the voice of our success.Thus, wehavedesigned and refined the finest programs for our trading community. Our goal is to guide traders, foster success and enable them to either receive payouts or scale their accounts in virtual funds. With clear and uncomplicated trading rules, expert performance tracking with our cutting-edge platform and dashboards, we are here to set a new standard in the industry.
Where is Go Fund located and how to contact us?
Located in the city of London, Go Fund is strategically positioned to cater to your financial needs with utmost professionalism. Whether you seek assistance or have inquiries, we are readily available to connect with you. Feel free to reach out to us via email at earn@gofund.ae, give us a call at +447822010747, or conveniently utilize the contact form on our website at https://www.gofund.ae/contact. We value your trust and look forward to providing you with exceptional service at Go Fund.
We accept traders worldwide, with no specific qualifications, but a minimum age of 18. If you're skilled in profitable trading with proper risk management, you're exactly the person we're seeking. However, go through the following for certain exceptions:
Go Funddoes not provideservices to individuals in/from Iran, Syria, Myanmar, and North Korea, those on sanction lists, individuals with financial/terrorism-related criminal records, and those previously banned due to contract breaches. Also, Go Funddoes not accept clients in specific US states: Louisiana, South Carolina, Montana, Arkansas, and Delaware, as well as legal persons categorized as company trusts.Go Fund does not provide services to clients in Afghanistan, India, the Russian Federation, the Republic of Belarus, Ukraine (with restrictions in Crimea, Sevastopol, Donetsk, Kherson, Luhansk, and Zaporizhzhia), the Republic of Indonesia, Cuba, Venezuela, Sudan, and South Sudan.
If you use Go Fund on behalf of a business/a third-party, affirm that you possess genuine authority to act as their representative. You must ensure that you have the proper rights and capability to agree to and legally bind them to our Terms and Conditions. Your representation should include the acknowledgment that you are authorized to act on behalf of the entity and accept the terms outlined in our agreement.
Why should I join Go Fund?
Trading has its own its challenges, like undercapitalization, fear of loss, psychological pressures, lack of discipline, growth limitations and insufficient support. Overcoming these challenges is part of the journey, and at Go Fund, we help you navigate and succeed in the trading world.
Being a retail trader, especially using your own funds, is simple, now, withGo Fund Prop Trading. Start yourGo Fund Account with a whopping $500,000 in fictitious capital.
Agreat trader does notonly havesufficient capital,but also an environment where he/she can truly excel. That’s why, we give you access to our innovative Trading Applications to enhance your trading. Get detailed feedback, and periodic consultations with our Performance Coach.We also track your trading results, offering insights through Account Analysis and Trader’sAnalysis. Our rules instil professional risk management habits, transforming you into a more adept trader. And, at Go Fund, you don't have to “keep and grow or withdraw and go” – you can do both. As you progress to the Go Fund Trader stage, real rewards await your performance. You can withdraw your reward anytime between 14 to 60 days from your first trade (Profit Split).
With all these advantages,get your initial fee refunded with the first Profit Split from your Go Fund Account.
Once you sign upa Go Fund Challenge, you get hands-on experience with our Trading Applications and can easily configure your Go Fund Account. Remember, the Go Fund Account is not granted based on any external track record, but based on our Evaluation Process that thoroughly evaluates your trading skills.
Can stock trades be held overnight into an earnings release?
No, trading stock positions overnight into earnings releases is not allowed. Thus, it is mandatory to close all Single Share Equity CFD positions by … on the day of the release (for aftermarket releases) or on the preceding day (for before-market-open releases). Any violation of this rule will result in an immediate, hard breach of your account, and any gain or loss on the position will be excluded from payout calculations.Further, engaging in Equity CFDs near the end of the trading day with the intention of capitalizing on market gaps during the closure and reopening periods is strictly prohibited.
Evaluation Process
How can I become a Go Fund Trader?
Our 2-step Evaluation Process ensures that you become an adept Go Fund Trader:
Step 1: Go Fund Challenge
Get our demo account, filled with fictitious capital, and navigate the markets aligning with our Trading Objectives. Experience the best account conditions, offering minimal commissions and spreads. Meet all the requirements, and proceed to the second step of the evaluation.
Step 2: Verification
Explore our demo account where the rules in this Verification stage are easier, and for detailed rules, visit our Trading Objectives site.
Once you successfully pass the Verification stage, you may get the opportunity to be a Go Fund Trader after a favourable review of your trading performance. To formalize the contract for your Go Fund Account, we request the submission of your identification document, such as a passport or national ID card. The agreement is contingent upon the completion of identification procedures in alignment with Go Fund’s internal policies.
Go Funddoes not provide services to the aforementioned individuals, those in the sanction lists, individuals withfinancial/terrorism criminal records, and those below 18 years of age. Also, our services do not cater to company trusts or individuals previously barred due to violations of Go Fund contractual requirements. Should any of these conditions be identified post-conclusion of a Go Fund Account Agreement, we retain the right to terminate the respective contract.
How long will it take me to become a Go Fund Trader?
Once you meet all 4 Trading Objectives and your trades are reviewed, you can move on to the next phase, i.e., you can start using your Go Fund Account after as few as 8 trading days.
Successful completion of the Go Fund Challenge requires a minimum of 4 trading days (not necessarilynon-consecutive). This requirement applies to the Verification phase as well. Wedo not impose any maximum time limit for your Evaluation Process, allowing you the flexibility to progress at your own pace.
What is next after completing the Go Fund Challenge?
Once you pass all the Trading Objectives in your Go Fund Challenge, a confirmation will appear in your Account MetriX. At this point, there's no need to continue trading the account, as your Trading Objectives are officially marked as passed. Our system automatically alerts us to your achievement, and we promptly initiate the evaluation of your trading results.
Following this, within approximately 1-2 business days, you can anticipate receiving the new account login credentials for the Verification stage.
What is the capital to trade on Go Fund Account?
After completing your Go Fund Challenge successfully with a specific account balance, you get to continue trading with the same amount in your Go Fund Account. If your Go Fund Challenge involved trading with $500,000, your access to the Go Fund Account will reflect the same balance of $500,000.
All accounts provided to our clients are essentially demo accounts with virtual funds. When you becomea Go Fund Trader, you will receive login credentials for a demo account. You are entitled to 80% of the profits generated on your Go Fund Account.
If you wish to trade with a higher account balance, you can easily apply for another Go Fund Challenge. EachGo Fund Challenge requires trading from the beginning, irrespective of past successes. We offer a maximum capital allocation of $500,000 on Go Fund Accounts per trader or strategy at any given time.
However, avoid obtaining multiple accounts through different registrations. If we identify identical trading strategies across various accounts exceeding the $500,000 allocated capital value, we reserve the right to suspend those accounts in accordance with our agreement.
But, if you consistently demonstrate profitability on your Go Fund Account, we are delighted to consider additional capital allocation through our Scaling Plan. It's a dynamic approach to accommodate your evolving trading goals.
Rules & Regulations
Step 1 – Go Fund Challenge
TheGo Fund Challenge, the initial step, sets the foundation for your Go Fund Account. This step evaluates your ability to trade responsibly and manage risks effectively. Your simulated trades during the Go Fund Challenge will be instrumental for our real financial market endeavours in the future.
The Go Fund Challenge comes with reasonable rules, specifically designed Trading Objectives that strike a balance between Profit Targets and allowable drawdowns. These serve as guiding principles ensuring a fair and measured evaluation of your trading capabilities.
There is no strict time limit for achieving the Profit Target; the Trading Period is indefinite. Once you successfully meet all the Trading Objectives within your Go Fund Challenge and your results undergo a thorough review, you progress to the Verification phase. The minimum duration to complete a Go Fund Challenge is set at 4 trading days.
The Trading Objectives are as follows:
As soon as you succeed in all Trading Objectives and your results are reviewed, you can complete your Go Fund Identity to sign the contract for your Go Fund Account.
The final step, the Verification is a checkpoint to assess your trading consistency. Our aim is to ensure that you can effectively trade and profitably sustain your system/strategy over the long term, all while adhering to the established rules.
In comparison to the Go Fund Challenge stage, the Verification stage comes with more accessible Trading Objectives. The Profit Target is halved, providing a more attainable benchmark. Just like in the initial step, you have an unlimited timeframe to meet these objectives.
Once you successfully go through all Trading Objectives and your results undergo a careful review, you're ready to finalize your Go Fund Identity and proceed to sign the contract for your Go Fund Account.
The Trading Objectives are as follows:
In recognition of your expertise, we extend top-rated trading conditions within the industry. We have eliminated the Profit Target requirement, so that you can trade without the pressure of chasing specific targets.Our focus is on two crucial drawdown rules – Maximum Daily Loss and Maximum Loss: these rules are the foundation of sound trading principles. Rest assured, your simulated trades contribute valuable data, potentially influencing our own trades in real financial markets.
The Trading Objectives are as follows:
Is it possible to trade news?
In the Go Fund Challenge and Verification stages, you can trade without restrictions during all news releases. However, once you successfully complete the Evaluation Process (comprising the Go Fund Challenge + Verification), it's essential to have caution, especially if your account type is not Swing.
For our Go Fund Traders on the Go Fund Account, a trade restriction policy comes into effect during specific news announcements. Within the window of 2 minutes before until 2 minutes after the release of targeted news events (as per the provided table), you cannot execute new trades or close existing ones on the specified instruments. This restriction consists of both opening and closing of pending orders, including stop loss or take profit, as well as market execution.
You are, however, allowed to maintain existing trades on the targeted instruments if they were initiated more than 2 minutes before the restricted news event. Any activation or filling of Stop Loss or Take Profit during this restricted time window could be considered a violation of the Go Fund Account Agreement.
On the other hand, trading on other non-targeted instruments remains unaffected. For instance, feel free to trade EURGBP or AUDNZD during the US – NFP release. Just remember to refrain from opening or closing USDJPY or GBPUSD within the 2-minute window before and after the NFP release.
Affected Instrument | Macroeconomic Announcement |
USD (related to Forex & US indices US30.cash/US100.cash/US500.cash/US2000.cash) | • Federal Funds Rate & Statement • Non-Farm Employment Change Unemployment Rate & Wages • Advance GDP q/q • FOMC Meeting Minutes • CPI y/y |
EUR (related to Forex only) | • Main Refinancing Rate |
GBP (related to Forex only) | • Official Bank Rate & MPC Vote • CPI y/y |
CAD (related to Forex only) | • Overnight Rate/BOC Rate Statement • CPI m/m • Employment Change/Unemployment Rate • CPI q/q • GDP q/q
|
AUD (related to Forex only) | • Cash Rate & RBA Statement • Employment Change/Unemployment Rate • CPI q/q • GDP q/q |
NZD (related to Forex only) | • Official Cash Rate & RBNZ Rate Statement • Employment Change/Unemployment Rate • CPI q/q • GDP q/q |
CHF (related to Forex only) | • SNB Policy Rate |
Other Instruments | Announcement |
Crude Oil (UKOIL.cash, USOIL.cash) | • Crude Oil Inventories |
You may use our Economic Calendar given below to monitor the news releases Schedule:
The mentioned restrictions do not affect theGo FundChallenge or Verification accounts. Also, Go Fund Traders with Go Fund Account Swing are exempt from these restrictions. TheGo Fund Account Swing offers the flexibility of norestrictions for news trading and allows holding trades over the weekend withoutlimitations.
Note that the news announcement restrictions are applicable to Forex pairs involving USD currency and certain Indices – namely US30.cash, US100.cash, US500.cash, US2000.cash.
Do I have to close my positions overnight?
In the Go Fund Challenge and Verification stages, there's no obligation to close your positions overnight/over the weekend.
However, as you become a Go Fund Trader with Go Fund Account, it becomes necessary to close your positions just before the weekend market closure or if the rollover period (market break) extends beyond 2 hours.
What are my trading hours?
Discovering specific trading hours for each product is easy for our Go Fund Traders – simply navigate to the Specifications section on the trading platform. On regular market days, Single Stock CFDs open 5 minutes after and close 5 minutes before normal US Stock Market hours.
We enforce a prohibition on entering into an Equity CFD at or near the end of the trading day with the intent of profiting from the market gap between closing and reopening on the subsequent trading day.Our daily loss limit is calculated based on the previous day's end-of-day balance, resetting each day. Cryptocurrencies are usually available for trading around the clock on exchanges. For off-exchange cryptocurrency CFDs, trading hours aren't 24/7 and may vary. Sometimes, these CFDs experience shorter closures on weekends. Ensure you adjust the trading hours based on your specific time zone.
Our daily stop-loss limit is percentage-based, not fixed, meaning the more you earn, the wider your daily stop-loss limit becomes. This flexible approach is designed to align with your growing success in the account.
While standard market hours are accessible, stay informed as trading hours may be subject to changes, especially during major holidays or significant events. Stay updated by regularly checking the Trading Updates section for any announcements.
The aforementioned restrictions do not impact Go Fund Traders with the account type Go Fund Account Swing. TheGo Fund Account Swing liberates traders from restrictions related to news trading and holding trades over the weekend.
What are the instruments andstrategies that I can use?
Your trading style is entirely your choice. As long as you adhere to legitimate practices, incorporates proper risk management, aligns with real market conditions, and is clear of prohibited activities, we have no grounds for limiting or constraining your strategy. Whether you prefer discretionary trading, algorithmic trading, EAs, or any other method, the freedom is yours.
Your trading style should be replicable on live accounts, delivering the same results as on your Go Fund Account. While we don't mandate the use of a Stop-loss, it's generally advisable to implement safety measures for prudent trading. For Forex, the maximum volume per order is set at 50 lots.You can find a comprehensive list of available symbols on this link.
If you're considering using trading robots, employing a third-party EA could mean others are using the exact same strategy. This raises the potential risk of being denied aGo Fund Account if you surpass the maximum capital allocation rule.Also, the platform server limitationsinclude a cap of 200 orders at a time and a maximum of 2000 positions per day. There are also restrictions on the acceptance of server messages, including orders and modifications such as updates to Take Profit/Stop Loss and limit orders. If your EA triggers hyperactivity on the platform server, we may reach out to you, requesting adjustments.
If we detect intentional activities or a repeated malpractice across multiple accounts, we retain the right to take necessary actions to mitigate risk. This could involve addressing conflicting positions, rebalancing the account, reducing leverage, or, in extreme cases, terminating the account and discontinuing our cooperation entirely. For a comprehensive understanding, please refer to the Terms & Conditions.
What if my Go Fund Account is inactive for a few days?
At least one trade within a 30-day period must be placed to keep your Go Fund Account active. Inactive accounts will be deactivated. We will promptly reinstate it if possible. Or, a new account will be created for you, with any associated Profit and Loss (P&L) and highwater mark transferred from the inactive account.
Gofund Account
What is the legal relationship between a Go Fund Trader and Go Fund after signing the Go Fund Account agreement?
Upon successfully completing your Go Fund Challenge and Verification, along with the KYC/KYB process, your association with Go Fund as a Go Fund Trader relies on the Go Fund Account Agreement. This agreement outlines the respective duties and rights of both parties. For a sample of the contract, feel free to reach out to us, at….
What is the process of signing the contract?
After successfully meeting the Trading Objectives in your Verification phase, you'll unlock the Go Fund Identity section within your Client Area.
In this section, you can conveniently input and save your personal/company details, along with the necessary documentation. Our team will immediately verify this, typically taking less than 1 business day for personal registrations and up to 3 business days for company registrations.Once verified, your information is securely stored in our system.
When setting up your identity, you have three options to choose from:
1. Natural Person: If you opt for this, you will undergo the KYC (Know Your Customer) verification process. It requires a valid government-issued ID showing nationality and Proof of address.
2. Entrepreneur: Choosing this option involves the KYB (Know Your Business) verification process. You will need a valid government-issued ID displaying nationality, a document confirming your registration as an entrepreneur, and Proof of address.
3. Company: Opting for the Company identity requires the KYB verification process. This includes a valid government-issued ID indicating nationality and Proof of address for the company representative, a document confirming the legal existence of the company, and Proof of address for the company itself.
Upon completing your KYC or KYB check, you'll gain access to the Go Fund Account Agreement for your review and signing. Go to your Client Area, specifically under Go Fund Traders and Contracts, where you can easily read through the contract. Using your Go Fund Identity, finalizing the agreement is just a few clicks away.
The user-friendly Client Area is intuitive and self-explanatory, offering most of the necessary information. Should you require any assistance or have queries, our customer support is readily available to provide help and guidance.
What will be my account size?
Go Fund Traders will retain the same account balance size they selected for their preceding Go Fund Challenge and Verification stages.
To ensure clarity, once a client attains the status of a Go Fund Trader, he/she receives a demo account featuring fictitious capital. Notably, clients are entitled to enjoy up to 80% of the results generated on their Go Fund Account.
Selecting the appropriate account size is important during the initial configuration of your Go Fund Challenge, as we don't offer upgrading options. Make sure to choose the size that suits your needs right from the beginning. However, if you wish to explore different sizes, you have the option to start a new Go Fund Challenge. Upon passing another Evaluation Process will earn you another Go Fund Account. Our maximum capital allocation on Go Fund Accounts is capped at $400,000 per trader or strategy.
For those who demonstrate consistent success over the long run, there's an opportunity for a balance increase through our Scaling Plan. The Scale-up process is facilitated during Profit Split processing. If your account meets the eligibility criteria, you can request a Scale-up directly in the Client Area during the Payout process. We will thoroughly review your track record and, if qualified, provide you with a scaled-up Go Fund Account for the upcoming trading period. It's a dynamic way to match your evolving trading aspirations.
How does a Go Fund Account technically work?
Once a client gets the status of a Go Fund Trader, they get access to a demo account featuring fictitious capital.
The Go Fund Account is designed with fully simulated funds, complemented by real market quotes sourced from liquidity providers. In the context of Go Fund Accounts, liquidity providers furnish us and Go Fund Traders solely with market quotes, not actual funds (liquidity). Consequently, our clients never execute trades on live markets; instead, they operate within the simulated environment provided by the Go Fund Account.
In a distinct process, Go Fund engages in trading on its own account, utilizing real financial resources external to the Go Fund platform. During this proprietary trading, Go Fund may incorporate trading data gleaned from its clients' Go Fund Accounts. The continuous monitoring and analysis of trades executed by Go Fund Traders in the demo environment inform decisions on whether similar trades will be executed for Go Fund’s own account.
These two processes are entirely independent. The trading activities undertaken by Go Fund on its own account have no bearing on Go Fund Traders and their simulated trading. The separation of these processes ensures that Go Fund Traders are not influenced by Go Fund’s proprietary trading decisions.
For more details on our execution policy and trading conditions, you can explore our website.
How can I withdraw my profits?
While Go Fund Traders operate exclusively with simulated capital, their success is rewarded with real money if they can generate a "profit" on their Go Fund Account. This means that by effectively trading the fictitious capital, showcasing their skills and demonstrating the value of the data provided, Go Fund Traders are eligible to receive a reward.
The Profit Split on a Go Fund Account is typically conducted on a monthly basis, offering the flexibility for on-demand payouts after 14 calendar days from the first trade. If there is profit from simulated trading on the Go Fund Account, traders have the option to adjust the Profit Split Day up to 3 times for each withdrawal. This can be done anytime between 14 and 60 days from the start of trading.
For clarity, if a trader doesn't modify their Profit Split Day within a one-month cycle, it will automatically anchor to the last day of that particular Reference Period. This adjustment is irreversible for the ongoing cycle. For instance, if trading commences on the 1st of April, the first Profit Split Day becomes available on the 15th of April, with the latest option for the Profit Split Day up to 60 days, concluding on the 31st of May.
Your payouts are easily processed within 1-2 business days upon confirming the invoice. Choose your preferred method – be it a regular bank wire transfer, Skrill, or cryptocurrencies – and enjoy commission-free withdrawals.
There's no minimum profit threshold to unlock a Profit Split; you simply need enough to cover the transaction fees. Regardless of the profit amount generated, you are entitled to withdraw 80% of it. Should you meet the conditions outlined in our Scaling Plan, not only will we boost your Go Fund Account balance by 25%, but you'll also qualify for an enhanced 80% payout.
Should you opt to retain your Profit Split in your account to foster growth and fortify your balance and drawdown buffer, feel free to do so. A 20% split (10% with the Scale-up plan) will be deducted in such cases.
NB: Be mindful of the minimum closed profit requirement for payout transfers due to imposed fees. For bank wire transactions, the minimum stands at $20, and for crypto payouts, it's $50. This ensures adequate coverage of transaction costs.
As the account holder, you are exclusively responsible for the payment of any applicable taxes, levies, or fees related to the Go Fund Account Agreement, in adherence to the relevant laws and regulations. Go Fund is neither equipped nor authorized to offer any tax advice or instructions.
Trading Platforms
Is it possible to change my platform during the Evaluation Process?
Certainly! If you find the current trading platform is not meeting your preferences, you have the flexibility to request a change after completing each stage of the Evaluation Process. This means you can seek a platform change following the Go Fund Challenge or Verification stages, or after each payout cycle on a Go Fund Account.
Note that a platform change is not possible during the course of active trading.
What are the account specifications for trading?
You can easily access the specifications for your account directly in the trading platform. Navigate to the instrument of interest, and select 'Specification' for detailed information.Acquaint yourself with the terms and conditions for each instrument you trade.
Our offered leverage stands at up to 1:100 for Forex and cannot be increased. However, upon request, it can be lowered. It's important to note that, given all trading stages involve simulated capital, leverage is applied solely to this simulated capital.
To explore symbol specifications and trading hours, refer to the Symbols site. Stay informed about planned platform maintenance and other critical trading updates on the Trading Updates site.
What are the trading platforms that I can use?
Start your Go Fund Challenge, Verification, and Go Fund Account journey using the most renowned retail platform—MetaTrader 5. Easily make your platform selection in the Go Fund Challenge configurator available here.
How does the Go Fund technical infrastructure work?
At Go Fund, we offer traders simulated trading services and educational tools. Our primary goal since the inception of Go Fund has been to create conditions that closely mimic the real market throughout the Evaluation Process, and Go Fund Account phases.
Are there different execution settings for different clients?
There's no differentiation among our clients; everyone benefits from identical execution and account settings on the trading platform. This uniform approach ensures a level playing field for all, regardless of individual trading performance.
Are there any execution delays?
Execution delays are an inherent aspect in trading. To replicate this reality on Go Fund’s servers, a deliberate delay of up to 200 ms is introduced. Geographical proximity to the server/data centre, internet connection quality, and latency are additional factors influencing these delays. These delays are applied uniformly to all clients and are not tailored on an individual basis. For real-time insights into execution speed, clients can refer to their platform terminal's journal feature.
Why is a commission charged on some asset classes?
To replicate the workings of financial markets and follow industry norms, we incorporate simulated commissions when executing trades. Detailed information on the commissions for each symbol is readily available on both our website and the trading platform. This practice is crucial for creating an environment that closely resembles real market conditions.
Are there any hidden markups or added slippage?
We refrain from any hidden markups or undisclosed slippages. Trades are executed precisely based on the visible pricing presented on the trading platform. In instances of slippage, where the executed price may vary, it's important to note that this can be influenced by the technical delays previously explained. Notably, slippages can occur in both positive and negative directions without any inherent bias or preference.
How are Go Fund Traders affected by mirroring trades?
If Go Fund opts to mirror a client's trades, the replication technology operates independently in a dedicated environment, ensuring no disruption to the client's account. Importantly, the trading conditions remain on the client's platform, maintaining consistency whether their trades are being replicated or not.
Can I modify my current account?
Our system provides a user-friendly and flexible feature for you to make adjustments to your existing account with ease. This includes switching between account types (Normal/Swing) and trading platforms, all accessible through the application interface. To initiate changes, click the 'Modify Account' button. This grants you instant access to customize your account.
Orders & Billings
How can I apply for a Go Fund Challenge?
Once you've signed up for Go Fund, take the next step by applying for the Go Fund Challenge. Easily configure your account parameters at ... Submit the order form, get redirected to the payment page, and you will receive an order confirmation email.
The joining fee is the sole expense of our traders, as we abstain from charging any monthly fees. The fee you pay serves a dual purpose – it covers the operational costs of Go Fund and supports the design, development, and ongoing operation of our advanced Go Fund platform. And, this comprehensive fee encompasses the creation of various applications and content exclusively available to our clients.
On payment, you gain access not only to the Go Fund Challenge and the simulated trading environment, but also to an array of unique applications, including the Statistical Application, Mentor Application, Account and Trader’s Analysis, Account MetriX, trading calculators, and more.
It also functions as a selective filter for dedicated traders. It ensures a level of commitment to the process and adherence to disciplined trading practices. This fee ensures you cannot incur losses beyond its value. Moreover, it is promptly refunded to the trader with their first Profit Split from a Go Fund Account, especially after successfully passing the Evaluation process.
What payment methods are available?
A Go Fund Challenge can be paidby bank wire transfer, debit/credit card, cryptocurrencies, or Skrill.
However, bank transfers are not available for payments/payouts in the case of Venezuela, Cuba, Sudan, and Ukraine, due to regulatory reasons.
Are there any other fees? Are the fees recurrent?
We believe in full transparency and fairness. Our one-time fee for a Go Fund Challenge covers everything – absolutely no hidden or recurring charges. Upon successfully passing the Go Fund Challenge and Verification, your initial fee will be reimbursed to you with the first Profit Split on your Go Fund Account.
When will I get the Go Fund account after payment?
On receiving your payment, we initiate the processing of your Go Fund Challenge account immediately. This usually takes just a few hours; in rare instances, it may extend to a maximum of 24 hours.
Once your trading account is created, expect to receive a detailed Go Fund Challenge notification via email, with your login credentials in your Client Area. Keep a close eye on your mailbox, including spam/junk folders, to ensure you do not miss any important communication.
Keep your login credentials safe and limit access solely to yourself. We cannot be held responsible if unauthorized access occurs due to sharing your account details with others.
How many accounts can I have?
You can explore multiple accounts during the Go Fund Challenge and Verification stages without any set limit. However, once you become a Go Fund Trader, a maximum capital allocation limit of $500,000 (on a normal risk setup, prior to scaling) applies per trader or strategy at any given time. Equivalent limits are set for other currencies, such as €320,000, £280,000, CAD 480,000, AUD 520,000, CHF 320,000, or CZK 8,000,000. These limits are implemented as part of risk mitigation and diversification measures.
Refrain from obtaining multiple accounts through various registrations, as this is not permitted. If this is detected, exceeding the total of $500,000 in active Go Fund Accounts, we have the right to suspend those accounts in accordance with the contract terms.
For those looking to consolidate individual Go Fund Accounts into a single master Go Fund Account, this can be facilitated upon request. The accounts to be merged should meet certain conditions, including being at their initial account balance, not in drawdown, having no profit due for the Profit Split, having the same risk setup, and being in the same base currency. The resulting single merged Go Fund Account will have a combined balance value and adhere to drawdown limits (5% Maximum Daily Loss). If you choose to compound profits, there's no need to withdraw them before merging the accounts.
Can I buy a Go Fund Account for another person?
No, the person who joins the Challenge and the name on the credit/debit card or banking account must be the same.
If you wish to join the Challenge on behalf of a third-party, please contact earn@gofund.ae.
Can I receive a commission for my own Go Fund Account?
No, you cannot receive a commission on your own account. However, you can refer to friends, family, co-workers, and your trading network for the same.
Applications & other Services
Do you provide any other value for traders?
We are committed to enhanceyour trading experience innovative features, tools, applications, and educational content. Here are some highlights of these:
1. Statistical Application: Gain valuable insights into market behaviour with meaningful, number-based probabilities.
2. Mentor Application: Strengthen your discipline and achieve better results.
3. Trading Journal: Archive trading results easily.
4. Account MetriX: Monitor your progress toward becoming a Go Fund Trader through a comprehensive overview.
5. Account Analysis: Receive a thorough assessment of your trading period.
6. Trader’s Analysis: Summarize your entire trading history, from Go Fund Challenges, to Verifications, and Go Fund Accounts.
7. Trading Calculators: Make informed decisions before executing a trade with our Margin Calculator and Pip Calculator, that simplify complex calculations for demo accounts.
8. Go Fund Academy: Acquire essential basic and advanced trading knowledge.
9. Quick Trade Manager: Simplify the process of entering new orders, focusing on swift and effortless position size calculations in MT4 and MT5.
10. Performance Coach: Expert support to ensure a well-rounded approach to success.
11. Equity Simulator: Enhance your risk management skills by calculating probabilities and chances based on your current trading performance.
Why the Go Fund Account Swing?
With the Go Fund Account Swing, there are no restrictions on navigating news releases or holding trades overnight (beyond 2 hours after market close) and over the weekend. This account provides sufficient time for positions to unfold. Ideal for both fundamental traders anticipating lasting market sentiment and technical traders analysing higher timeframes (H1 and above), the Go Fund Account Swing is designed to meet the needs of those who prefer a longer-term trading approach.
While the account offers flexibility, be mindful of Forbidden Trading Practices outlined in our Terms and Conditions as well as potential gambling-like situations.
How to get the Swing account type?
You can choose Swing as your account type while configuring your order. You can also convert your account type to Swingeven after starting your Go Fund Challenge.
Can I switch my Go Fund Account to Go Fund Account Swing?
Yes, you have the flexibility to convert your current Go Fund Account to the Go Fund Account Swing. This conversion can be requested before the start of each new cycle. Initiate the conversion process after every Profit Split or upon signing the Go FundAccount Agreement, but before executing any trades on the original Go Fund Account.
Can I switch over to the Swing account type when I am trading on a Go Fund Challenge or Verification?
Yes, you can convert your account from a normal type to a Swing type. To initiate this conversion, please reach out to us via email
| Go Fund Account | Go Fund Account Swing |
Weekend Holding | No | Yes |
News Trading | No | Yes |
Leverage | Up to 1:100 | Up to 1:30 |
Premium Programme
How can I qualify for the Prime Status?
To attain Prime Status, ensure you meet the following criteria:
1. You should not have failed with a Go Fund Account in the past 4 months. 2. An Aggressive Go Fund Account should not be currently associated with your profile. 3. Accomplish a minimum of 4 payouts on a single order, each yielding at least 4% profit before the split; these payouts need not be consecutive.
Is the Premium Programme compatible with the Scaling Plan?
Yes, the Premium Programme and Scaling Plan are different and independent initiatives. As a result, it is possible to enjoy the benefits of both programmes concurrently. This allows you to maximize opportunities and leverage the advantages offered by each programme simultaneously.
Are there any specific account sizes required in order to apply for Prime Status?
Eligibility for Prime Status is open to all account sizes, provided the specified conditions are met. It's important to note that accounts with Aggressive risk mode are the only exception.
What are the benefits of the Prime Status?
1. Expanded Capital Allocation 2. No Maximum Daily Loss 3. Immediate Payout 4. Dedicated Seat and Trading Desk
What are the benefits of Prime Status?
1. Expanded Capital Allocation. 2. Exclusive Go Fund Challenge Product 3. Profit Split Upgrade 4. Discounts on New Purchases 5. Rollover Bonus
Can I keep the PrimeStatus permanently?
The Prime status is linked to a specific order and remains active until certain conditions are met. Your participation will cease if any of the following situations arise:
1. Go Fund Account Failure 2. Multiple Account Failures 3. Contractual Breach
What will disqualify me from Prime status?
In addition to meeting the standard eligibility criteria, you should have no history or existing conflicts of interest with Go Fund. Also, your engagement should strictly adhere to our guidelines, avoiding any participation in Forbidden Trading Practices.