Synthetics Propfirm FAQ's
Maximum Lot Sizes (Synthetic Program)
Maximum Lot Sizes (Synthetic Program) At BloomFunded, maximum lot sizes are set per pair and per account size to enforce proper risk management. A risk engine is in place to prevent trades from being opened above the allowed maximum lot
Do swap fees and commissions count toward drawdown?
Yes. Overnight swap charges and trade commissions do impact equity and therefore contribute to your drawdown metrics.
Are there any recurring fees?
There’s a one-time evaluation fee. After funding, there are no subscriptions, though Instrument-based commissions or swaps still apply.
What happens after passing the evaluation?
Once both challenge steps are cleared, complete your KYC and the contract. After approval (usually within an hour), your funded account is set up and ready to go.
Is copy trading allowed?
Yes, BloomFunded allows copy trading through a designated VPS between your own BloomFunded Challenge Accounts, as long as one account is clearly designated as the master account. However, copy trading between individuals, including the use of cloud-based copy tools such
Are demo accounts used?
Yes. Challenge accounts are essentially demo accounts with live rules.
What if I want account scaling?
Our scaling plan is on the way. We will keep you updated.
What platforms are supported?
Platform 5 is the only platform to offer Synthetic indices.
Can I use hedging / scalping / news trading?
News does not affect Synthetics. Hedging is not allowed. HTF is not allowed.
Can I have more than 1 account at a time?
At BloomFunded, the max allocated capital is 200k, or 4 accounts.
What are daily and overall drawdowns?
Daily Drawdown The maximum loss allowed in a single trading day. If your losses for the day reach this limit, the account will be terminated. Total Drawdown The maximum loss allowed on the account overall. If your account balance or
Do I have to pay if I lose money on the account?
No, you don’t. BloomFunded will take that responsibility.
What happens if I break the rules?
Your account/challenge is terminated with no refund (unless policy allows).
Do I need experience to join?
No — anyone can buy a challenge, but success correlates with skill.
What’s the difference between challenge and funded accounts?
Challenge tracks performance vs profit targets & drawdowns; funded accounts let you earn real profit splits.
How do prop firms fund traders?
By giving successful candidates access to capital with profit share terms.
What is a prop firm challenge?
A simulated evaluation to prove your trading skills under risk constraints.