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Help Center Account types Diwali free accounts

Diwali free accounts

Updated 5 November 2026

Buy a Venom 2.0 $1,250 or $5,000 until 9 November 2026, 23:59 India time, and you also get 2 free accounts of the same size. No other size or account type comes with free accounts. Your paid account follows the Venom 2.0 rules. This page is about the free accounts, which have their own rules.

Your Trading accounts page shows each free account's rules, its end date and the payouts left.

Free $5,000 accounts

These follow the normal Venom 2.0 rules. Each lasts 20 days from the day it arrives and pays out once, after the 8% target.

AccountTarget 8%Taken from your balance (2%)You receive (80%)
$5,000$400$100$80

The rest of this page is about the free $1,250 accounts, which have their own, stricter rules.

Overview

RuleFree account
Lasts7 days from the day it arrives
Payouts1 payout. Up to 2% of the account is taken from your balance, and you receive 80% of that ($20 on a $1,250)
Withdrawal target (profit needed before a payout)5%
Before the first payout3 profitable days (each at least 0.5%)
Daily loss limit4%
Maximum loss6%
Open-loss limit (loss on open trades)1%. Reaching it ends your account
Max Profit Per Trade40% of the target
MartingaleNot allowed
Same directionNo more than 3 trades in a row on a pair. The 4th ends your account
Shortest time to keep a trade open60 seconds
Hedging (a buy and a sell at once on the same pair)Not allowed
LeverageForex 1:30, metals 1:10

Every size in dollars

AccountTarget 5%Daily loss 4%Max loss 6%Loss on open trades 1%Needed for a profitable dayMax profit per tradeTaken from your balanceYou receive (80%)
$1,250$62.50$50$75$12.50$6.25$25$25$20
$2,500$125$100$150$25$12.50$50$50$40
$3,500$175$140$210$35$17.50$70$70$56
$5,000$250$200$300$50$25$100$100$80
$9,000$450$360$540$90$45$180$180$144

What you get

You buyFree with it
Venom 2.0 $1,2502 free $1,250 accounts
Venom 2.0 $5,0002 free $5,000 accounts
Any other sizeNo free accounts
King CobraNo free accounts

You don't need to claim anything or type a code. Cobra Prime and Cobra Strike are not part of this offer.

How the accounts arrive

You get one at a time. The paid account comes first and lasts 40 days. When a rule ends it or its time ends, the free same-size account arrives. When a rule ends that one or its 7 days end, the free $1,250 arrives. While your paid account is running, the free ones wait. We email you each login, and it appears on your Trading accounts page.

Payouts: one payout

You get one payout. Up to 2% of the account is taken from your balance, and you receive 80% of that ($20 on a $1,250). You need the 5% target and your 3 profitable days first.

Example
$1,250 free account. Reach the $62.50 target with 3 profitable days of at least $6.25. Up to $25 is taken from your balance, and you receive $20.

Orders with up to 2 payouts. Orders placed from 28 October, 00:55 to 29 October, 17:20 India time can have up to 2 payouts. Each one: up to 2% of the account is taken from your balance, and you receive 80% of that.

We pay in USDT on the TRON network (TRC-20) to your own wallet. The wallet address starts with T. Your KYC (identity check) must be approved first.

Requesting a payout does not protect your profit. The team checks your account at the time they approve the request. At that time your profit must still be at the target, the amount must still be allowed, and you must have no open trades or pending orders.

We process payouts within 24 to 48 hours of your request. If you request on Friday night, Saturday or Sunday, it is often processed on Monday.

Profitable days: 3

A profitable day is a trading day when your closed trades make at least 0.5% of the account after commission. You need 3 before the first payout.

Example
$1,250 account: 0.5% is $6.25. A day with $7 of closed profit counts.

Open-loss limit: 1%

The total loss on your open trades can't reach 1% of the account at any moment. Reaching it ends your account.

Example
$1,250 account: the limit is $12.50.

Martingale: not allowed

Don't open a trade twice as big or more right after a losing trade on the same pair. You get 2 warnings a day. The 3rd ends your account.

Example
You lose on 0.05 lots of XAUUSD, then open 0.10 lots of XAUUSD: that is one warning.

Same-direction trades: 3 at most

Don't open 4 trades in a row in the same direction on the same pair. You get a warning at 3. The 4th ends your account.

Max Profit Per Trade: 40% of the target

How it works. 40% of your withdrawal target. One trade cannot earn more than that. This rule never ends your account.

If a trade's profit reaches this limit even once while the trade is open, we remove all of that trade's profit when it closes. This happens even if it closes at a lower profit. We remove all of it, not only the part above the limit. You get a warning on screen just before the limit. If you close one trade in several parts, it still counts as one trade.

Example
Target $62.50, so the cap is $25.
A trade closes at a profit of +$20 and never reached $25: you keep all $20.
A trade reaches +$25, then you close it at +$15: the whole $15 is removed. Your account stays open.

Minimum trade duration: 60 seconds

Keep every trade open for at least 60 seconds. This has applied since 20 August 2026.

  • You close a trade yourself in under 60 seconds. The first time, we remove that trade's profit and you get a warning. The second time, your account ends.
  • Your take-profit or stop-loss closes it in under 60 seconds. We remove that trade's profit and you get a warning. You can get up to 4 warnings. The 5th time, your account ends.
  • The platform closes it because your margin ran out (a margin stop-out). This never counts against you.

No hedging

Hedging means having a buy and a sell open on the same pair at the same time. This is not allowed, and doing it ends your account. Trading many different pairs at once is fine.

This also covers your own accounts. If you have a buy on one account and a sell on the same pair on another account at the same time, all those accounts end. Trades in the same direction on several of your accounts are allowed.

Leverage

Forex 1:30, metals 1:10. Everything else is the same as Venom 2.0. Lower leverage means the same lot size needs more margin (money set aside for the trade).

Resets. A reset bought with a Venom is a normal account: same size, 40 days, no payout limit. It comes after the paid account and before the free ones.

Not allowed on any account

We check for these before every payout. If we find one, we refuse the payout and close the account.

  • Arbitrage of any kind (making profit from price delays or price differences): latency, price-feed or broker-to-broker.
  • Tick scalping: opening and closing many trades within seconds to profit from slow prices or price errors.
  • Bots and EAs (automatic trading programs). You must place every trade yourself.
  • Copying trades between different people, signal groups, sharing an account, or letting someone else trade your account.
  • Taking the opposite trade at another firm or broker to protect your FundedCobra account (hedging).
  • Using a clearly wrong price or a platform error. We remove those trades.
  • Posting false claims about FundedCobra, or threatening to do so, to pressure us on a payout.

Refunds

You pay the account fee once. We do not refund it on any account type, even if you never logged in or traded, and even if the account passed or ended. A payout is your share of the profit. It does not include your fee back.