Frequently Asked Questions
Find clear answers to common questions about Omega Funding's evaluation process, trading rules, and services. If you need additional support, our team is ready to help.
Omega Evaluation
After passing an evaluation stage, your journey continues with the next step toward funded trading:
For 2-Step Evaluations: You'll receive a new demo account for Phase 2 after passing Phase 1. Access this account via the dropdown menu in the top-right corner of the Omega Terminal. Your balance resets to the starting amount, and previous trades don't carry over.
After Final Stage Completion: Whether you complete a 1-Step or 2-Step evaluation, you'll receive your Omega Account (eligible for payouts). Before you can start trading, you'll need to:
- Complete our KYC verification
- Sign the Funded Trader Agreement
Both of these steps are accessible directly from your dashboard. Trading will be enabled once your account is approved.
No, Omega Funding doesn't impose any time constraints on our evaluations. You can take as long as you need to reach your profit targets.
This approach allows you to trade with confidence and develop your strategy at your own pace without unnecessary pressure. You can pass as soon as you meet the profit target while staying within the risk parameters.
The absence of time limits is one of the reasons many traders choose Omega Funding—we believe solid trading skills can't be rushed.
Account Rules
1-Step Evaluation Accounts:
Account Size | Profit Target | Max Drawdown | Max Daily Loss |
---|---|---|---|
$5,000 | $500 (10%) | $300 (fixed) | 4% daily |
$10,000 | $1,000 (10%) | $600 (fixed) | 4% daily |
$25,000 | $2,500 (10%) | $1,500 (fixed) | 4% daily |
$50,000 | $5,000 (10%) | $3,000 (fixed) | 4% daily |
$100,000 | $10,000 (10%) | $6,000 (fixed) | 4% daily |
2-Step Evaluation Accounts:
Account Size | Phase 1 Target | Phase 2 Target | Max Drawdown | Max Daily Loss |
---|---|---|---|---|
$5,000 | $250 (5%) | $500 (10%) | $400 (trailing) | 5% daily |
$10,000 | $500 (5%) | $1,000 (10%) | $800 (trailing) | 5% daily |
$25,000 | $1,250 (5%) | $2,500 (10%) | $2,000 (trailing) | 5% daily |
$50,000 | $2,500 (5%) | $5,000 (10%) | $4,000 (trailing) | 5% daily |
$100,000 | $5,000 (5%) | $10,000 (10%) | $8,000 (trailing) | 5% daily |
You can easily track your risk parameters through your account dashboard at https://portal.omegafundinghub.com/sign-in
This dashboard provides real-time updates of your:
- Current account equity
- Maximum daily loss limit
- Maximum drawdown limit
- Progress toward profit targets
Login using the email address you used to purchase your evaluation. Your password is provided in the credentials email (same as your Omega Terminal password).
Important: Regularly checking your dashboard is essential for responsible risk management. If your equity reaches or breaches either limit at any time, all positions will be closed, and your account will be disabled.
The daily loss limit is a dynamic protection mechanism that updates every 24 hours:
Key points to understand:
- Calculation basis: 4% for 1-Step accounts and 5% for 2-Step accounts of your account balance at 00:30 UTC daily
- Not fixed: This is not a static dollar amount but recalculates every day based on your current balance
- Balance vs. Equity: Calculated on balance (closed positions) not including open positions
Example: If your balance (without open positions) at 00:30 UTC is $105,000 with a 1-Step account, your daily loss limit for the next 24 hours will be $105,000 - 4% = $100,800. If your equity (including open positions) drops to or below $100,800 at any point during these 24 hours, your account will be breached.
Warning: Both daily loss and total drawdown limits are enforced simultaneously. Breaching either limit will result in all positions being closed and your account being disabled.
In 2-Step Evaluations, we use a trailing drawdown system that protects your gains while allowing flexibility:
Trailing drawdown explained:
- Basic formula: Your drawdown limit = [High Water Mark] - [8% of starting balance]
- High Water Mark: This is your highest achieved account balance since starting
- Trails up only: Your drawdown limit increases as you make profits, but never decreases with losses
Example: With a $100,000 2-Step Evaluation, your drawdown amount is fixed at $8,000 (8% of starting balance). If your account grows to a high of $105,000, your drawdown limit becomes $105,000 - $8,000 = $97,000. If your equity falls to $97,000 or below at any point, your account will be breached.
The trailing mechanism updates in real-time as your High Water Mark increases, not at fixed intervals. This allows you to lock in profits while maintaining consistent risk parameters.
The 1-Step Evaluation uses a simpler, static drawdown system:
Key features:
- Fixed threshold: Your drawdown limit is set at 6% below your starting balance
- Never changes: This limit remains constant throughout your evaluation
Example: With a $100,000 1-Step Evaluation, your drawdown limit is fixed at $94,000 (6% below starting balance). This limit doesn't move up or down regardless of your trading performance.
If your equity (including open positions) reaches or falls below $94,000 at any point, your account will be immediately breached, all positions will be closed, and the account will be disabled.
This straightforward approach provides clarity and consistency for traders who prefer a simpler evaluation structure.
Our fee structure is transparent and consistent across all account types:
Standard trading fees:
- Per trade: 0.035% per side (3.5 basis points)
- Round trip: 0.07% total (7 basis points) for opening and closing a position
- Based on: Calculated on the notional position size
Example: For a $100,000 position, you'll pay $35 when opening and another $35 when closing (total $70).
Overnight positions:
- Swap fee: 0.09% per day for each open position
- Timing: Assessed at 00:25 UTC daily
You can view a complete breakdown of all fees in your trading terminal under My Account > Cash Movements.
Our environment simulates real market conditions, including liquidity considerations. For optimal execution, always consider order book depth, especially when trading less liquid instruments or during off-peak hours.
An account breach occurs when any of these conditions are met:
- Maximum daily loss: Your equity drops to or below your daily loss limit (recalculated daily at 00:30 UTC)
- Maximum drawdown: Your equity drops to or below your drawdown limit (static for 1-Step, trailing for 2-Step)
- Prohibited trading: Using any trading practice listed in our prohibited activities
- Terms violation: Any breach of our Terms and Conditions
Risk limits are monitored in real-time, and breaches are enforced immediately. Even momentary breaches of these limits will trigger account suspension.
We recommend regularly checking your dashboard to stay aware of your current limits and account status.
When an account breach occurs, the following actions take place immediately:
- Position closure: All open positions are automatically closed at market prices
- Account suspension: Your account is permanently disabled with no possibility of reactivation
- Reset required: To continue, you must purchase a new Omega Evaluation
Remember that both the maximum daily loss and maximum drawdown limits are active simultaneously—breaching either one will result in account termination.
If you've added Breach Insurance to your account, you may still be eligible for a payout within 7 days of the breach (on funded accounts only, not during evaluation).
To maintain a fair trading environment and protect our liquidity relationships, these practices are strictly prohibited:
- Price exploitation: Taking advantage of platform errors, latency issues, or feed disruptions
- Non-public information: Trading based on insider or privileged information
- Front-running: Executing trades ahead of orders placed elsewhere
- Third-party strategies: Using off-the-shelf or publicly marketed "prop firm passing" strategies
- Strategy switching: Using one approach to pass evaluation then changing to a different strategy afterward
- Arbitrage: Attempting to exploit price differences between Omega and other platforms
- Unreplicable strategies: Using approaches that couldn't be executed in live markets (e.g., trades that would trigger auto-deleveraging)
- Signal copying: Following third-party trade signals from groups, social media, or other sources
- Multiple evaluations: Trading more than one Omega Evaluation simultaneously
- Account sharing: Sharing login credentials or trading from multiple households/devices/IPs
Violation of these rules will result in immediate account breach without warning or recourse. We maintain sophisticated detection systems to identify prohibited activities.
Yes, weekend trading is fully supported. Unlike many prop firms, Omega Funding offers true 24/7 trading across all instruments.
Your positions can remain open continuously through weekends, allowing you to capture opportunities in the crypto markets that operate around the clock.
The only exceptions to our continuous trading are:
- Scheduled maintenance periods (announced in advance)
- Unplanned service interruptions
Remember that overnight positions incur a daily swap fee of 0.09%, assessed at 00:25 UTC each day, including weekends.
No, multiple simultaneous evaluations are not permitted. You can only have one active Omega Evaluation at any given time.
This rule ensures fair access to our funding and maintains the integrity of our evaluation process. You'll need to wait until your current evaluation is either:
- Successfully completed and upgraded to the next phase or funded status
- Breached and closed
Trading multiple evaluations concurrently is classified as a prohibited practice and will result in account breaches.
Maximum position sizes vary by instrument and are set to reflect realistic market conditions:
How to check position limits:
- In the trading terminal: Right-click on any symbol and select "Instrument info"
- Chart view: Click the "i" button at the top of any chart tab
- Online reference: View all instrument details on our Symbols page
These position limits mirror the constraints set by our liquidity providers and ensure you're trading within realistic market parameters. Attempting to exceed these limits will result in rejected orders.
Our trading policies on hedging and copy trading are designed to promote authentic trading skills:
Hedging:
- Fully supported: Hedging within the same account is permitted
- Default setting: Hedge mode is enabled automatically on all accounts
Copy Trading:
- Self-copying: You may copy your own trades between platforms
- Third-party copying: Following trades, signals, or strategies from other traders or services is prohibited
Copying from external sources (including trading communities, social media, signal providers, or analysts) is considered a prohibited practice and will result in account breach.
Orders and Payouts
No, payouts are not available during the evaluation phase. The Omega Evaluation is strictly an assessment period to demonstrate your trading skills.
Profit withdrawals only become available after:
- Successfully completing all evaluation phases
- Passing KYC verification
- Signing the Funded Trader Agreement
- Trading with your fully approved Omega Account
Once in the funded stage, profits are split according to your account's profit-sharing agreement (default is 80/20, or 90/10 with the optional add-on).
Omega Funding offers flexible payment options for evaluation purchases and profit payouts:
For buying evaluations:
- Major credit and debit cards
- Various cryptocurrencies
For receiving payouts:
- Bank transfers
- PayPal
- Cryptocurrency transfers
Detailed payment options are presented during the checkout process or when requesting a profit withdrawal from your funded account.
Miscellaneous
No, Omega Funding never holds your personal funds. Our business model is fundamentally different from traditional brokerages:
- Simulated capital: All trading accounts consist entirely of simulated funds provided by Omega
- No deposits: You'll never be asked to deposit your assets into a trading account
- One-time purchase: The only payment you make is for the evaluation package itself
This approach eliminates counterparty risk for traders while still allowing you to demonstrate your skills and earn profits based on your performance.
Know Your Customer (KYC) verification is required only when you're ready to receive profit payouts:
When KYC is required:
- Evaluation stage: KYC is not mandatory
- Funded stage: KYC is required before trading with your Omega Account
Required documents:
- Government ID: Passport, Driver's License, National ID card, or Residence Permit
- Selfie verification: A clear photo of yourself matching your ID
- Proof of address: A document matching the address on your ID
Submission process:
- Available anytime through your account dashboard
- Processed via our secure partner SumSub
- Recommended to complete upon registration to avoid delays
We recommend completing your KYC verification early to ensure a smooth transition to the funded stage when you're ready. This approach prevents potential delays in starting your funded trading.
Yes, VPN usage is permitted with certain important limitations:
- Allowed: Using VPNs for security, privacy, or connection stability purposes
- Prohibited: Using VPNs to misrepresent your location or evade regulatory restrictions
Important considerations:
- VPN use doesn't exempt you from KYC requirements
- Your actual jurisdiction must still comply with our eligible countries list
During KYC verification, your actual location and identity will be confirmed regardless of VPN usage during trading. If your true location is in a restricted territory, you won't be able to complete KYC and access funded trading.
Omega Funding does not offer refunds for purchased evaluations.
This policy is firm and applies to all evaluation purchases regardless of circumstances. All sales are considered final once the evaluation has been activated.
The only exception is if your KYC verification is rejected after successfully passing an evaluation. In this case, you may be eligible for a refund of that specific evaluation fee.
For complete details, please refer to our comprehensive Terms and Conditions document, which outlines all refund-related policies.
Yes, trading during news events is fully permitted. Unlike some prop firms, we don't restrict trading during high-impact announcements or market developments.
Our approach allows you to capitalize on market volatility and news-driven opportunities as part of your trading strategy. However, keep these considerations in mind:
- News trading may experience reduced liquidity from our providers
- Spreads often widen significantly during major announcements
- Execution may be affected by extreme volatility
These trading conditions reflect real market behavior during news events, giving you authentic experience managing news-driven volatility within your trading strategy.
If your KYC verification is rejected after passing an evaluation, the following process applies:
- Refund eligibility: You'll receive a full refund for the single evaluation you passed
- Limitations: This refund applies only to one evaluation (the most recent one passed)
- Not covered: Previous evaluations or multiple accounts cannot be refunded
Recommended approach: To avoid this situation, we strongly advise completing your KYC verification immediately after registering, even before starting your evaluation. This proactive approach ensures you won't waste time on an evaluation you can't ultimately use.
If you believe your KYC was rejected incorrectly, contact our support team at support@omegafundinghub.com with relevant documentation.
Due to regulatory and compliance requirements, we cannot offer our services to traders in the following jurisdictions:
- Afghanistan
- Belarus
- Burma
- Central African Republic
- Cuba
- DR Congo
- Ethiopia
- Iran
- Iraq
- Lebanon
- Libya
- Mali
- Nicaragua
- North Korea
- Russia
- Somalia
- Sudan
- Syria
- Venezuela
- Vietnam
- Yemen
- Zimbabwe
Additionally, these specific regions are restricted:
- Crimea, Donetsk, and Luhansk regions of Ukraine
This list may change as global regulations evolve. If you're uncertain about eligibility, please contact our support team before purchasing.
You must be at least 18 years old to use any of Omega Funding's services.
This requirement applies to all aspects of our platform, including:
- Purchasing evaluations
- Participating in the evaluation process
- Trading with funded accounts
- Receiving profit payouts
Your age will be verified during the KYC process when you reach the funded account stage. Misrepresenting your age is grounds for account termination and potential legal consequences.
Accessing your newly purchased evaluation is simple:
Login credentials:
- Username: The email address used during purchase
- Password: Provided in your welcome email
Accessing multiple accounts:
- Web platform: Use the dropdown menu in the top-right corner of the Omega Terminal
- Mobile app: Select from accounts under the "Menu" option
All evaluations purchased with the same email address will be accessible under a single login. This makes it easy to switch between your current evaluation, funded account, or new evaluations after a previous one is completed or breached.
Currently, direct partial take profit orders are not supported for individual positions, but you can achieve the same outcome using these workarounds:
Method 1: Manual position reduction
- Disable one-click trading in your settings
- When your position reaches the desired first target level, click the small 'x' next to your position in the Positions tab
- Select to close only a portion of your position (e.g., 50%)
- Allow the remaining position to continue toward your final target
Method 2: Split entry approach
- Instead of entering one large position, divide your intended size into multiple smaller positions
- Set different take profit levels for each position
- This effectively creates a scaled exit strategy
These approaches give you the flexibility of partial take profits while working within the platform's current capabilities. We're continuously improving our platform and may add native partial take profit functionality in the future.
Omega Funding offers a live market environment with demo capital designed to accurately simulate real-world trading conditions:
Key environment features:
- Real-time data: Live price feeds from major exchanges
- Authentic execution: Orders interact with genuine market liquidity
- Fair latency: 500ms additional latency applied to all traders equally
About the latency: The consistent 500ms latency buffer is applied to prevent latency arbitrage and ensure a fair trading environment for all participants. This additional latency:
- Applies equally to all traders at all times
- Prevents high-frequency trading strategies
- Creates realistic execution conditions
Natural market factors like your internet connection speed, order routing, and market volatility may still affect execution prices beyond this standard latency buffer.
Omega Funding provides institutional-grade liquidity through a diverse network of providers:
- Multiple sources: Our crypto trading environment aggregates liquidity from leading exchanges, market makers, and institutional brokers
- Deep liquidity: This approach ensures competitive spreads and reliable execution even during volatile conditions
For outside chart analysis: If you prefer to use TradingView or other platforms for analysis while executing on our terminal, the closest proxies to our price feeds are:
- OKX's USDT perpetual futures pairs (USDT.P)
- Bybit's USDT perpetual futures pairs (USDT.P)
While these external charts provide good approximations, slight price differences may exist. For the most accurate trading experience, we recommend using our platform's native charting tools.
Omega Funding offers competitive leverage across our tradable instruments:
-
Major cryptocurrencies:
- BTC: 5x leverage
- ETH: 5x leverage
-
All other instruments:
- 2x leverage
Important notes about leverage:
- Leverage is automatically applied to all positions
- Leverage settings cannot be adjusted by users
These leverage limits are designed to provide sufficient trading flexibility while maintaining responsible risk parameters for both evaluation and funded accounts.
Breach Insurance is an optional add-on that protects your profits even if your funded account is breached:
How it works:
- Standard accounts: Breached accounts cannot request profit withdrawals
- With Breach Insurance: You can still request a Trading Withdrawal even after a breach
Key restrictions:
- 7-day window: Must be used within 7 days of the breach
- Minimum split: Standard $50 minimum withdrawal amount still applies
- Availability: Can only be purchased at the time of initial account setup
This add-on provides valuable peace of mind for traders who want to secure their profits against unexpected market moves or small mistakes that might breach account limits. It cannot be added retroactively after account purchase.
The 90/10 split add-on increases your share of trading profits from the standard 80/20 arrangement:
Profit distribution:
- Standard accounts: 80% to trader, 20% to Omega Funding
- With 90/10 add-on: 90% to trader, 10% to Omega Funding
Important notes:
- Must be purchased at the time of account setup
- Cannot be added to existing accounts
This upgrade significantly increases your earnings potential over time, making it a popular choice for traders who plan to maintain their funded account for an extended period.
Trading Platforms
Omega Funding offers a clear two-stage path to funded trading:
-
Stage 1: Omega Evaluation
This is the assessment phase where you demonstrate your trading abilities using our capital. Depending on your choice, this may be a one-step or two-step process with different profit targets. No payouts are available during this stage.
-
Stage 2: Omega Account
After successfully passing evaluation and completing KYC, you receive this funded account where you can trade our capital and earn profit splits. All profits are shared according to your agreement (80/20 standard or 90/10 with the add-on).
The rules and trading environment remain consistent between these stages, ensuring a smooth transition from evaluation to funded trading. The primary difference is that only the Omega Account stage enables profit withdrawals.
Omega Funding provides trading access through the professional DXtrade platform, offering:
- Web-based trading: Access from any browser without downloads
- Mobile applications: iOS and Android support for on-the-go trading
- Advanced charting: Professional technical analysis tools built in
- Order depth: Market depth visualization for improved execution
The platform is custom-configured for Omega Funding's specific requirements and features a user-friendly interface while maintaining the powerful capabilities needed by professional traders.
Several factors can prevent limit orders from executing, even when it appears the market price has reached your limit level:
- Bid-ask spread: The market must actually trade at your limit price, not just touch it briefly
- Insufficient liquidity: There may not be enough volume at your price level to fill your entire order
- No partial fills: Our platform requires complete fills—if your entire order can't be executed, it won't fill at all
Recommended solutions:
- Split large orders into multiple smaller ones
- Check the market depth tool before placing limit orders
- Consider using limit prices slightly more favorable to ensure execution
Understanding these limitations helps you develop more effective order placement strategies, especially during volatile market conditions or when trading less liquid instruments.
Omega Funding offers 24/7 trading across all instruments, providing maximum flexibility for traders worldwide.
Our continuous trading environment allows you to:
- Trade during any time zone or market session
- Hold positions over weekends
- Capitalize on global market developments at any hour
The only exceptions to 24/7 availability are:
- Scheduled maintenance: Advance notice provided via email, website, and Discord
- Unplanned interruptions: Rare technical issues or service disruptions
While crypto markets naturally experience varying liquidity throughout the day, our 24/7 availability ensures you never miss trading opportunities regardless of when they occur.