\Risk Limits – SharkFunded Lite Instant Account
Maximum Drawdown – 3%
The Maximum Drawdown is the total loss allowed on the account at any time.
Applies to overall account performance
Includes all closed and floating losses
Tracked continuously
Example
Account Size: $10,000
Maximum Drawdown (3%): $300
❌ Equity reaches $9,700 or below → Violation
✅ Equity stays above $9,700 → Account remains active
Risk Limits – Shark Funded Lite Instant Account
1% Maximum Floating Loss (Hard Breach)
The Maximum Floating Loss is the maximum loss allowed on open trades only at any moment.
Applies to floating (unrealized) losses
Calculated based on the initial account balance
Breach results in immediate account closure, even if the trade later recovers
2 Positions running at the same time will be considered as a single trade.
Example
Account Size: $100,000
1% Floating Loss Limit: $1,000
❌ Floating loss reaches -$1,000 or more → Hard Breach
✅ Floating loss stays at -$999 or less → Account remains active
Rewards and Consistency
Consistency Score
There is NO consistency requirement for the SharkFunded Lite Instant Account.
Traders are not required to meet any consistency percentage
Profit distribution across trades is not restricted
Consistency is not checked for payouts
Rewards & Payouts
Profit Split: 80% to the trader
Payout Frequency: Weekly
Minimum 7 trading days required in Lite instant accounts
Payout Eligibility: Subject to compliance with simulated risk rules
Payout Request & Equity Cushion Rule
Traders must ensure that all payout requests remain within the Max drawdown limit of the account. An equity cushion must always be maintained when submitting a withdrawal request.
If a payout request exceeds the permitted daily drawdown limit, it will result in a breach of the equity cushion, which directly violates the daily drawdown rule.
Such an action will be treated as a hard breach of the account, and the account will be terminated according to the risk management policy.
Traders are therefore advised to maintain sufficient equity cushion and request payouts only within the allowed daily drawdown limit to avoid any rule violations.
Account should be above starting balance before requesting payout.
Additional Guidelines (Soft Breach)
Soft breaches relate to unhealthy or risky trading behavior. These actions do not immediately close the account, but they may result in warnings, restrictions, or review by the risk team. Repeated or severe violations may lead to further action.
Toxic Trading Behavior (Soft Breach)
Toxic trading means trading in a careless or unsafe way that cannot be sustained long-term.
It shows poor risk control and can put the account at risk if continued.
This does not immediately close your account, but it may trigger warnings or restriction
Ignoring basic risk management
Excessive or reckless trading behavior
Trading without a clear strategy
Emotion-driven decisions
In funded phase and instant accounts , no warning will be given if it is executed , it will be considered as a hard breach.
Excessive Risk-Taking / Over-Leveraging
Using risk that is disproportionately high compared to your account size.
Using maximum lot size on every trade
Opening positions that can wipe out a large portion of the account quickly
Relying heavily on leverage instead of proper risk control
Layering
Traders are not allowed to open 3 or more positions and lot size simultaneously without placing a stop loss. This practice , known as "layering trades" is considered a violation of our risk management policies .
Traders may not hold more than two open positions on the same instrument at any given time. This practice, known as layering, is not permitted.
Adding positions to a trade that is already in drawdown is strictly prohibited. Any strategy intended to recover losses through additional entries, including averaging down, grid trading, or martingale behavior, is not allowed.
This is considered as a soft breach in challenge phases and hard breach in funded phase and instant accounts .
Gambling Behavior
Trading that resembles gambling rather than structured decision-making.
Random trades without analysis
Revenge trading after a loss
Overtrading to recover losses
Emotion-based entries
Overtrading
Entering too many trades in a short period without a clear strategy.
Constantly opening and closing trades without setup confirmation
Trading excessively due to impatience or emotional pressure
Tick Scalping
Extremely fast, high-frequency entries and exits designed to capture very small price movements.
Opening and closing multiple trades within 120 seconds
Exploiting micro price fluctuations
Upto 20 percent of the total trades ignored in Challenge Phases , above that will be reviewed by the risk management team and will be dealt accordingly.
To prevent tick scalping, a position cannot be closed and then reopened within five minutes.
In Funded Phase and Instant accounts, up to 10% of newly placed trades may be automatically ignored under our internal risk parameters. If this threshold is exceeded, the account will be reviewed by the Risk Management Team for further assessment.
Excessive tick scalping may be restricted due to execution and liquidity risks.
Trading Behavior
Behavior that shows lack of discipline or structured approach.
Trading during illiquid market hours
Frequently changing strategy
Ignoring risk limits
Emotional decision-making
Such behavior may trigger monitoring or restrictions.
News Trading
During the Funded Phase , traders are not allowed to hold or execute trades during news events, unless specific timing conditions are met.
News Trading Restriction Window
Trades must NOT be opened or closed within:
10 minutes before a news event
10 minutes after the news event
This creates a 20-minute restricted window around each news release.
This rule applies to all trade types, including:
Manual trades
Pending orders
Stop loss orders
Take profit orders
During news speeches, the restriction window extends:
10 minutes before the speech
Until 10 minutes after the speech ends
Any trade executed within this restricted window will be considered a violation.
Example
High-impact news time: 3:00 PM
Restricted window: 2:50 PM – 3:10 PM
❌ Trade opened at 2:55 PM → Violation
❌ Trade closed at 3:05 PM → Violation
Important Notes
All trades are reviewed by the Risk Management Team during phase completion and payouts.
Forex Factory is used as the official news calendar.
If a violation occurs, the trader is fully responsible, even if it was unintentional.
News trading violations may result in account breach or action.
Special Note for Swing Traders
To support swing trading while preventing news gambling:
Trades opened at least 5 hours before a high-impact news event are allowed
These trades may be closed during the restricted window
Profits from these trades will be countedTradable Instruments ,Commission & Leverage
This rule is strictly applicable in instant accounts also (Both lite and Prime)
With the SharkFunded Lite Instant Account, traders can access multiple global markets under simulated live conditions.
You can trade the following instruments:
Forex
Crypto
Indices
Stocks
Metals
Energies
Spreads & Commissions
RAW spreads
$7 commission per standard lot (round turn)
All trading costs are transparent and applied consistently.
The leverage applied to Lite Instant (Simulated) Accounts is fixed and designed to maintain controlled risk exposure.
Leverage by Asset Class:
Forex: 1:10
Metals: 1:10
Indices: 1:10
Energies: 1:10
Crypto: 1:5