Eden Funding Forex prop firm review

Eden Funding Forex prop firm review

Eden Funding prop firm is a proprietary company offering funded account challenges to prop traders. Funded options range from 25,000 to 150,000 USD and traders can get up to 500k in virtual funding. The profit split is 70% which is slightly below the industry-accepted standards. When it comes to pricing, the firm is really expensive as the smallest fee starts at 297 dollars for the 25k challenge, making it unattractive for traders. 

In this Eden Funding review, we will assess the firm’s important features such as safety, rules, funded options and types, assets, platforms, support, and more.

Pros & cons of Eden Funding prop firm

ProsCons
Access to the MetaTrader 5 (MT5) platformScam Alert: the firm has negative reviews and is super young
Automated trading systems (EAs) are permittedOnly offers 1-step evaluation accounts
Allows mobile trading via MT5 mobile appHigh challenge fees starting at $297
 Only offers FX, commodities, and indices
 Only 70% profit split
 No educational resources
 Lack of multilingual support options 

Quick rating of Eden Funding and its features

FPA ScoreNot rated yet
Year foundedUnknown
HeadquartersUnknown
Minimum audition fee297 dollars
Fees on withdrawals1%
Minimum funded amount25,000 USD
Maximum funded amount150,000 USD
Allowed daily loss4%
Profit target10%
Maximum trailing drawdown8%
Profit sharing (Payouts)70%
Trading PlatformsMetaTrader 5 (MT5)
Available trading marketsForex, commodities, indices

Safety of Eden Funding

There are no Eden Funding reviews on the Forex Peace Army (FPA), which is a serious downside. On Trustpilot, the firm has around 15 reviews, and most of them are super negative. While it is not possible to accurately evaluate the firm’s safety with this amount of reviews, the majority of them being negative might indicate major inefficiencies with the firm’s services. All funded accounts are simulated challenges. The firm was launched recently, which makes it very inexperienced in the prop trading industry. The firm is not backed by any broker, which is a downside. 

The firm gets a 0 score in this section as a result.

Eden Funding funding and maximum capital allocation

The Eden Funding funded program is a 1-step evaluation that offers funded options from 25k, which is very high, making the firm very expensive. There are no smaller accounts offered for beginners, which makes the firm not very flexible. The same is true for the maximum funded options which are also limited to 150k USD, not attractive for experienced traders either. The exact list of Eden Funding funding options is 25k, 50k, 100k, and 150k USD. All Eden Funding challenges are 1-step accounts and the firm does not offer other challenge types such as 2-step and instant, which is also a drawback. 

Eden Funding scaling plan is not available, preventing traders from growing their accounts. The firm allows up to 500k funding amount by purchasing several challenges. 

The firm gets a 3 score in this section. 

Eden Funding Assets

Eden Funding prop trading is possible by speculating on a number of instruments in Forex, commodities, and indices. Traders can not access crypto stocks or any other asset type, which is a serious downside for multi-asset traders. The leverage is up to 1:100. 

Overall, the firm gets a 2 score in this section. 

Eden Funding Trading rules and limitations

Eden Funding rules include a 10% profit target, an 8% maximum drawdown, and a 4% daily loss limit. Traders have to hit the profit target while maintaining a strong risk control to get funded, but since there are mostly negative comments, we suspect the firm has hidden rules. Hidden rules are unethical, and firms that operate with these kinds of rules are typically fraudulent. EAs or automated trading systems are allowed. The firm does not allow weekend holding, which is a downside. Overall, the rules are strict with Eden Funding, which is disadvantageous. 

The firm only managed to get a 0.5 score in this section. 

Eden Funding Fees

The pricing is very expensive at Eden Funding starting at 297 USD which is much more expensive than reliable firms. Here are one-time fees for each funded option:

  • Funded amount: 25k USD - One-time fee: 297 USD
  • 50k USD - 397 USD
  • 100k USD - 597 USD
  • 150k USD - 797 USD

As we can see, the pricing starts at 297 which makes it very expensive but is actually competitive for high-end challenge accounts like 100k and 150k. 

Eden Funding free trial is not available and the Eden Funding free repeat is not offered either, making it difficult for traders to check trading conditions before they purchase a challenge. 

The firm gets a 0 score in this section as a result. 

Eden Funding Platforms

The firm allows access to the advanced trading platform, MetaTrader 5 (MT5). The platform allows custom indicators and EAs (Expert Advisors). The firm does not prohibit automated trading systems, which is flexible. Mobile trading is available via the MT5 mobile app. 

In the end, the firm gets a 5 score in this section.

Eden Funding Profit-Sharing

Eden Funding profit split is just 70% which is lower than the industry-accepted 80%. There is no possibility of getting a 90% profit split either, which is a serious downside for the firm. The withdrawals are slow and traders complain that the firm frequently declines withdrawals. Withdrawals also have fees.

The firm gets a 1 score in this section as a result. 

Education and trading tools at Eden Funding

The firm lacks comprehensive educational resources. There are no live webinars, trading courses, or video guides available, limiting beginners' opportunities to learn from zero. There are no tools offered either. The firm does not offer a trading blog to provide market updates and trading tips, which is also a downside.

Overall, the firm gets a 0 score in the education section. 

Customer Support at Eden Funding

When it comes to customer support services, the firm offers live chat and email options. There is no phone support available, which is a red flag. There is no multilingual support. 

The firm gets a 2.4 score in this section. 

Frequently Asked Questions on Eden Funding

Is Eden Funding legit?

Eden Funding scam is highly likely as the firm has many negative reviews on Trustpilot and traders complain about hidden rules and declined withdrawals. 

Is Eden Funding a good prop firm?

No, the firm lacks safety, is expensive, and does not offer access to a wide range of asset classes. It does not offer multilingual support or a website either. 

What is the minimum Eden Funding fee?

The smallest one-time fee starts at 297 dollars for the 25k USD 1-step challenge, which is expensive.