FNC Funding Forex prop firm review

FNC Funding Forex prop firm review

FNC Funding prop firm offers funded accounts with funded options ranging from 5k to 500k USD, which is a decent amount. There are two account types offered, 1-step and 2-step evaluations. The firm promises up to 75% which can be upgraded during purchasing. The maximum profit split is up to 95% (20% increase) and traders will have to pay extra fees to activate it. Traders have to hit a 10% profit target to get funded, which is a high percentage. 

In this FNC Funding review, we will assess the firm’s most important features to evaluate its safety, rules, fees, funded options and types, assets, platforms, support, and more. 

Pros & cons of FNC Funding prop firm

ProsCons
Competitive one-time fees from 43 dollars (1-step 5k challenge)No trader feedback or reviews on Trustpilot or FPA
Provides access to numerous advanced platforms like MT4, MT5, cTrader, and moreVery young firm (launched in 2024)
 No regulated brokers backing the firm
 Strict rules and no weekend trading allowed
 Lacks educational resources
 No live chat or phone support options offered
 Does not provide multilingual support

Quick rating of FNC Funding and its features

FPA ScoreNot rated
Year founded2024
HeadquartersUnknown
Minimum audition fee43 USD
Fees on withdrawals0 USD
Minimum funded amount5,000 USD
Maximum funded amount500,000 USD
Allowed daily loss4-5%
Profit target10%
Maximum trailing drawdown6-8%
Profit sharing (Payouts)75% (up to 95% using paid add-ons)
Trading PlatformscTrader, DXTrade, MTR, MetaTrader 4, and MetaTrader 5
Available trading marketsFX pairs and CFD Indices, Commodities, Metals, and Cryptocurrencies

Safety of FNC Funding

There are no FNC Funding reviews on the Forex Peace Army (FPA) platform, which is usually a red flag. On Trustpilot, the firm has no account yet and therefore lacks trader reviews. The absence of trader feedback is a serious red flag and can indicate potential scams and fraud. The firm was launched in 2024, which makes it very young and inexperienced in the prop trading sector, which is also a red flag. The firm does not disclose information about its relationships with brokers indicating it is not backed by regulated brokers, which is also a serious red flag for its safety. 

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

FNC Funding funding and maximum capital allocation

FNC Funding funded programs are two, 1-step and 2-step challenges, offering traders both quick and lengthy evaluation models. The FNC Funding funding options are the same for both challenge types. The exact list of funded options for FNC Funding challenges includes 5k, 10k, 25k, 50k, 100k, 200k, and 500k USD amounts. There are no bigger accounts offered such as 1 million dollars which is a minor downside and there are no 1k challenges offered for beginners. However, the pricing on 5k challenges is competitive. 

FNC Funding scaling plan is not available, which is a downside as traders can not start small and grow their accounts.

As a result, the firm only gets a 3 score in this section. 

FNC Funding Assets

FNC Funding prop trading assets include FX pairs and CFD Indices, Commodities, Metals, and Cryptocurrencies. The firm does not allow stock trading, which is a minor downside. The leverage is up to 1:30 for FX pairs. 

The firm gets a 3 score in this section as a result. 

FNC Funding Trading rules and limitations

FNC Funding rules are slightly different for each funded account type. The 1-step FNC Funding challenge requires traders to follow:

  • Profit target - 10%
  • Daily loss limit - 5%
  • Maximum drawdown - 6% 
  • Inactivity period - 30 days
  • Maximum leverage - 1:20
  • Weekend trading - Not allowed

The 2-step FNC Funding challenge requires the following rules:

  • Profit target - 10%, 5%
  • Daily loss limit - 4%
  • Maximum drawdown - 8%
  • Inactivity period - 30 days
  • Maximum leverage - 1:30
  • Weekend trading - Not allowed

As we can see, the firm has very strict rules, prohibiting traders from trading on weekends. 

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

FNC Funding Fees

The pricing at FNC Funding starts from 43 dollars on the 5k 1-step challenge and 60 dollars on the 5k 2-step challenge. This pricing is very competitive, and the firm would be attractive for investors if not very shady safety. The spreads are not zero on FX majors, which is a downside.

The FNC Funding free trial is not available and the FNC Funding free repeat is not offered, either preventing traders from testing conditions or starting over for free. 

Overall, the firm only managed to receive a 2.5 score in this section. 

FNC Funding Platforms

When it comes to trading platforms, the firm offers access to plenty of options including cTrader, DXTrade, MTR, MetaTrader 4, and MetaTrader 5. All these platforms are very capable and sophisticated software allowing custom indicators and Expert Advisors (EAs). Mobile trading is available via mobile app versions of these platforms.

Overall, the firm managed to receive a 3.8 score in this section, losing points for not allowing EAs.

FNC Funding Profit-Sharing

FNC Funding profit split starts at 75% by default, but traders can increase it by 20% to a maximum of 95%. This is only done by paid addons and increases challenge fees further which is a minor downside. There is no increased profit split earned by a scaling plan.

Withdrawals are processed within 1-3 business days, which is slightly slower than industry-accepted standards.

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

Education and trading tools at FNC Funding

There are no educational resources available at FNC Funding which is disadvantageous for beginners. The firm does not provide comprehensive resources such as webinars, live events, video guides, or trading courses. There is no trading blog either which only adds to the inconvenience of this firm. There are no trading tools or calendars available either.

As a result, the firm gets a 0 score in this section. 

Customer Support at FNC Funding

When it comes to customer support, the firm only offers email support and FAQ sections. There are no live chat or phone support channels offered which is a serious downside. Email is a much slower support option than live chat. Both the website and support are in the English language only.

The firm gets only a 1.2 score in this section as a result. 

Frequently Asked Questions on FNC Funding

Is FNC Funding legit?

FNC Funding scam has a high probability as the firm is young and lacks trader feedback. No regulated broker is backing its trading services either. 

Is FNC Funding a good prop firm?

While it offers competitive pricing, the firm lacks safety, live chat, and phone support, and has strict rules which makes it not attractive. 

What is the minimum FNC Funding fee?

The minimum audition fee starts at 43 USD for the smallest 5k USD challenge of 1-step type.