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SharkFunded Lite Instant Account

The SharkFunded Lite Instant Account is designed for traders who want instant access to trading in a simulated live-market environment, with no evaluation phase and no profit targets. Profit Target - Minimum 8 percent target for Withdrawal

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Written by Shark Funded
Updated today

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

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

  • Payout Eligibility: Subject to compliance with simulated risk rules

  • Your withdrawl request should always be less than daily drawdown to maintain equity cushion.

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 .

This is considered as a soft breach in challenge phases and hard breach in funded phase and instant accounts .

Martingale Trading Policy – FAQ

What is considered a Martingale strategy?
A Martingale or loss-recovery strategy includes increasing lot size or position size after a losing trade within 60 minutes, with the intention of recovering previous losses.

Does timing matter?
Yes. Any increase in position size within 60 minutes of a losing trade may be classified as Martingale behavior, even if the trade is not placed immediately.

Examples of Martingale behavior include:

  • Increasing or doubling lot size within 60 minutes after a losing trade

  • Re-entering the same or similar trade with a larger position within 60 minutes of a loss

  • Progressive lot size increases following consecutive losses in a short time window

  • Any structured attempt to recover losses by increasing risk instead of maintaining consistent risk per trade

What happens if Martingale is used during the Challenge phase?
Use of Martingale strategies during Challenge phases is considered a soft breach and may result in warnings, restrictions, or challenge failure at the firm’s discretion.

What happens if Martingale is used during the Funded phase?
Use of Martingale strategies during Funded phases is strictly prohibited and will be treated as a hard breach, which may lead to immediate account termination.

What is expected instead?
Traders are required to follow consistent risk management, maintaining stable or proportionate risk per trade and avoiding loss-recovery strategies.

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

Excessive tick scalping may be restricted due to execution and liquidity risks.

Arbitrage Trading (Restricted)

Arbitrage means opening trades to take advantage of price differences or correlations instead of real market analysis.


It is usually done to reduce or remove risk rather than to trade normally.

This often involves placing opposite or related trades across instruments, accounts, or platforms.

Example : Correlated pair trading

  • Buy EUR/USD

  • Sell GBP/USD (highly correlated pair)

When used to cancel risk instead of normal strategy, this is treated as arbitrage behavior.

Hedging

Hedging means opening opposite or related trades to reduce or cancel market risk instead of managing risk normally.

Traders usually hedge to protect themselves from losses, but when used improperly, it can be considered a soft breach.

Example 1: Opposite trades on the same pair

  • Buy EUR/USD

  • Open a Sell EUR/USD at the same time

This locks the position and removes real exposure to the market.

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.

One-Sided or Directional Bias Trading

Taking repeated positions in only one direction without proper market justification.

  • Only buying or only selling regardless of market structure

  • Overexposure to one bias

This increases risk and may result in soft-breach action.

Reverse Trading

  1. Taking trades designed to intentionally lose or offset positions elsewhere, including actions taken to manipulate overall exposure across accounts or instruments.

  2. Purposely placing losing trades, either to balance risk on another position or to influence account metrics.

  3. Mirroring positions to manipulate exposure, whether on the same account or across related instruments.

  4. Opening offsetting or manipulative trades within a short time window:
    Any trades placed within a 15-minute gap of another position that appear intended to offset, mirror, or neutralize exposure may be classified as manipulative behavior.

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)

  • Indices, and Oil are commission-free

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

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