I had a very disappointing experience with Funded Knight.
After trading normally and following the risk rules, their risk team suddenly accused me of taking “high-risk trades” and imposed additional restrictions on my account. They claimed my trading involved excessive risk, even though I always used stop losses and stayed within the required limits.
They then introduced a 1% maximum total risk exposure rule and required a stop loss to be set within 5 minutes of entering a trade. On top of that, they enforced a 2-hour cooldown between trades on the same ticker, which severely limits normal trading strategies.
What concerns me the most is that if they decide you violate their rule, it is classified as a “Soft Breach” where they forfeit your profits but keep the losses. This feels extremely unfair because the trader bears the downside while the firm can invalidate profitable trades.
In my case, I believe the accusations were not justified, and the restrictions appeared suddenly after profitable trading. The rules also seem vague, especially around what they call a “trade idea,” which they interpret very broadly.
Traders should be very careful and fully understand how these rules are applied before joining. My experience has raised serious concerns about fairness and transparency.
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Funded Knight is a modern proprietary trading firm based in Asia, revolutionizing the way traders access large capital and opportunities in the forex markets. We offer evaluations that allows skilled traders to demonstrate their abilities. Upon successfully passing our evaluations, traders can earn real profits without risking their own funds.
What sets Funded Knight apart is our commitment to scalability. We provide traders with the potential to scale their accounts up to $400K, opening doors to unprecedented opportunities in forex trading. Our innovative approach eliminates the traditional barriers to entry in professional trading, allowing talented individuals to showcase their skills and reap the rewards.
As a reliable partner in the trading industry, Funded Knight offers unparalleled service and support. We are dedicated to fostering the success of our traders, providing them with the tools, resources, and capital they need to thrive in the dynamic world of forex trading.See more
