Dominion Funding Forex prop firm review

Dominion Funding Forex prop firm review

Dominion Funding prop firm offers funded accounts of 1-step and 2-step types. The funded options list includes several challenges ranging from 12.5k to 100k USD. The profit split is 80% and the maximum leverage is 1:50. The pricing starts at 150 USD for the smallest challenge of both types, which is expensive and not attractive. Traders can access several markets using the advanced cTrader platform. 

In this unbiased Dominion Funding review, we will assess the firm’s most critical features including rules, funded options and types, fees, platforms, assets, support, and more.

Pros & cons of Dominion Funding prop firm

ProsCons
Offers advanced cTrader platformQuestionable safety: only a few trader reviews
Allows access to diverse markets including Forex, Crypto, Indices, Energies, MetalsExpensive fees on all challenges
EAs are allowedStrict rules, including prohibited weekend trading and news trading
 No free trial or repeat options
 Lacks comprehensive educational resources
 Lacks multilingual support options 

Quick rating of Dominion Funding and its features

FPA ScoreNot rated yet
Year founded2024
HeadquartersDubai, U.A.E.
Minimum audition fee150 USD
Fees on withdrawals0 USD
Minimum funded amount12,500 USD
Maximum funded amount100,000 USD
Allowed daily loss4-5%
Profit target8-10%
Maximum trailing drawdown6-8%
Profit sharing (Payouts)80%
Trading PlatformscTrader 
Available trading marketsForex, Indices, Crypto, Energies, and Metals

Safety of Dominion Funding

There are 0 Dominion Funding reviews on the Forex Peace Army, which is a major red flag. The situation is similar on Trustpilot, where the firm has only 1 review and it is a 1-star evaluation. This is nowhere near the number of reviews to evaluate general trader experience with the firm, which is a serious issue for its reliability. Experience-wise, the firm was launched in 2024, which makes it very young and inexperienced in the prop trading industry. Furthermore, all funded accounts are simulated challenges.  

Dominion Funding funding and maximum capital allocation

Dominion Funding funded programs include 1-step and 2-step challenges. The list of Dominion Funding funding options includes 12.5k, 25k, 50k, and 100k USD amounts. The 1-step Dominion Funding challenge requires traders to hit the profit target once, while the 2-step has 2 phases, making it a lengthy process to get funded. 

Dominion Funding scaling plan is not offered, and the maximum funded amount is 400,000 USD. Traders can achieve this account size by merging several challenges. The lack of smaller challenges below 12k is a big downside for traders who are beginners. Professional traders can not access more than 400k USD, which is also a downside.

Overall, the firm gets a 3 score in this section. 

Dominion Funding Assets

Dominion Funding prop trading assets include Forex, Indices, Crypto, Energies, and Metals. There are no other asset types offered like stocks or futures, which is a minor downside. The maximum leverage accessible on Dominion Funding challenges is 1:50 which is more than enough. 

In the end, the firm gets a 3 score in this section. 

Dominion Funding Trading rules and limitations

Dominion Funding rules are slightly different for each funded account type. The 1-step challenge requires the following:

  • Profit target - 10%
  • Daily loss limit - 4%
  • Maximum drawdown - 6%
  • Minimum trading days - 3 days

The 2-step Dominion Funding rules are as follows:

  • Profit target - 8%
  • Daily loss limit - 5%
  • Maximum drawdown - 8%
  • Minimum trading days - 3 days

News trading is not allowed and traders can not hold open positions on weekends as well. EAs or Expert Advisors are allowed. 

As a result, the firm only gets a 0.2 score in this section.

Dominion Funding Fees

The pricing at Dominion Funding starts from 150 dollars for the 2-step challenge of 12,500 USD amount. The price for the 1-step challenge with the same amount starts at 180 dollars. The firm produces 0 pip spreads, which seems competitive. There are commissions charged of 3.5 USD per side per lot traded, which makes it a 7 USD round turn. 

Dominion Funding free trial is not offered at the moment, which is a downside as traders can not check trading conditions before they purchase the challenge.

Dominion Funding free repeat is not available and traders have to purchase the challenge to start over when failing. 

Overall, the firm only gets a 1.5 score in this section. 

Dominion Funding Platforms

The firm allows access to the advanced trading platform cTrader. The platform allows both custom indicators and automated trading systems (cBots or EAs), which is very flexible. The platform also comes for mobile devices. 

Overall, the firm gets a 5 score in this section. 

Dominion Funding Profit-Sharing

Dominion Funding profit split is 80% for all challenges at all times. Traders can not upgrade their profit split beyond that percentage, which is not flexible. Withdrawals require no commissions, which is good, but the withdrawal processing is slower. One trader complains about payment declines for obscure reasons. 

The firm gets a 1.5 score in this section as a result. 

Education and trading tools at Dominion Funding

The firm lacks comprehensive educational resources like webinars, video guides, or trading articles. There is a trading blog that offers educational blog posts about various trading concepts. However, it can not be used as a replacement for a proper financial trading education. There are no tools offered either, which is a downside. 

The firm gets a 0.5 score only in this section. 

Customer Support at Dominion Funding

Customer support options only include email and live chat and there is no phone support, which is a red flag. The firm does not disclose its address, either. The website and the support are only available in the English language.

Overall, the firm gets a 2.4 score in the support section as a result. 

Frequently Asked Questions on Dominion Funding

Is Dominion Funding Legit?

Dominion Funding scam is highly likely at this point, as the firm is young and does not have enough trader reviews, which makes its reliability questionable. 

Is Dominion Funding a good prop firm?

The firm has several advantages like advanced platforms and diverse funded accounts. However, it has expensive fees and very equitable safety, which makes it difficult to recommend it to someone. 

What is the minimum Dominion Funding fee?

The smallest fee (one-time) starts at 150 USD for the 12.5k 2-step challenge, which is expensive.