Funded Firm prop firm is a UK-based proprietary company launched in 2024. The firm offers access to a number of markets such as FX pairs, commodities, indices, and cryptos. Traders can use the advanced MetaTrader 5 platform. Funded options range from 5k to 200k USD and pricing starts at 59 dollars for the smallest challenge of 2-step type. The firm promises to provide up to a 100% profit split, which is a red flag, as prop firms should be making money by splitting traders’ profits.
In this unbiased Funded Firm review, we will dissect all the important features of the firm to evaluate its safety, rules, funded options and types, assets, platforms, pricing, support, and more.
| Pros | Cons |
|---|---|
| Offers MetaTrader 5 (MT5) | Is not backed by regulated brokers and has very few trader reviews |
| Competitive pricing from 59 dollars | No free trial or scaling plan |
| Allows access to FX, indices, cryptos | Strict trading rules |
| News trading allowed | Customer support lacks live chat |
| No educational materials |
| FPA Score | Not rated yet |
| Year founded | 2024 |
| Headquarters | Birmingham, United Kingdom |
| Minimum audition fee | 59 USD |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 5,000 USD |
| Maximum funded amount | 200,000 USD |
| Allowed daily loss | 3-5% |
| Profit target | 8-10% |
| Maximum trailing drawdown | 6-10% |
| Profit sharing (Payouts) | 8-10% |
| Trading Platforms | MetaTrader 5 (MT5) |
| Available trading markets | Forex, commodities, indices, and cryptocurrencies |
There are no Funded Firm reviews on the Forex Peace Army platform, which is a red flag for the firm’s safety. On Trustpilot, the firm has only around 25 reviews, which is not enough to evaluate trader experience with the firm’s services. The firm is very young, as it was launched in 2024. Lacking trader reviews and experience in the prop trading industry is very negative for the firms’ safety. Furthermore, the firm’s services are not backed by any regulated broker, which is also a major red flag. We have detected many fake positive reviews on the firm’s website, written most likely by an AI. Overall, the firm has very low trustworthiness, as it lacks almost all important features to make it safe and reliable.
The firm gets a 0 score in this section.
Funded Firm funded programs are two, a 1-step challenge, and a 2-step program. The 2-step challenge requires traders to hit 2 different profit targets in two phases, while the 1-setup only requires one profit target hit. The Funded Firm funding options are the same for the two accounts offered by the firm. The list of funding options for Funded Firm challenges includes 5k, 15k, 25k, 50k, 100k, and 200k USD amounts. The firm lacks smaller accounts for absolute beginners. There are no bigger challenges beyond 200k, which is a downside for seasoned traders who might want to access large trading accounts.
A Funded Firm scaling plan is not available, which is a huge drawback as traders are unable to grow their funded account balance after consistent trading.
Overall, the firm managed to get a 3 score in this section.
Traders can access various Funded Firm prop trading assets including Forex pairs, commodities, indices, and digital currencies. The firm is shy to disclose the exact leverage limits, which is a bad sign. There is no free trial account to test trading conditions which is also a red flag and there are many comments on the website of the firm with the same wording indicating fake positive reviews. The firm does not charge commissions for trading instruments, meaning it has higher spreads than 0 pips, making it difficult to achieve profit targets using scalping (short-term) trading strategies.
Overall, the firm only gets a 2.5 score in this section.
Funded Firm rules are slightly different for each funded account type. Let’s list and compare all the critical rules to determine which challenge is more competitive.
The 1-step Funded Firm challenge rules include:
The 2-step Funded Firm challenge rules are as follows:
News trading is allowed on both challenge types, but weekend and overnight trading are not permitted.
Overall, the firm gets a 1 score in this section for having very strict requirements.
The pricing at Funded Firm is competitive for both challenge types. The 2-step accounts are slightly cheaper than 1-step funded options, which is understandable, as 1-step provides a faster way to fund status. Let’s compare the pricing for a clearer picture.
The 1-step Funded Firm challenge requires the following one-time fees:
The 2-step Funded Firm challenge one-time fees are:
As we can see, the pricing is pretty cheap and traders can freely select their preferred account type, which is very flexible.
The Funded Firm free trial is not available, which is a downside, as traders can not test trading conditions and spread without purchasing the challenge. Funded Firm free repeat is not offered either, and traders have to pay one-time fees every time they want to start over.
As a result, the firm gets a 1.5 score in this section.
The firm offers access to an advanced trading platform, MetaTrader 5. The platform allows custom indicators and Expert Advisors (EAs) which are automated trading software, which is very attractive. However, EAs are not allowed and traders can not use these features. Mobile trading is accessible via the MT5 mobile app.
Overall, the firm gets a 3.9 score in this section.
Funded Firm profit split starts at 70% and the firm promises to increase to up to 100%, but the exact conditions are not clearly explained, which is a red flag. There is a high likelihood that the firm only offers a 70% payout and never allows more than that, especially when the firm has no trader feedback it is difficult to determine how it determines the profit split percentage.
Overall, the firm gets a 1 score in this section.
The firm does not provide comprehensive educational materials. There is only a blog available, which is not enough. No tools are offered either.
As a result, the firm gets a 0 score in this section.
When it comes to customer support, the firm only offers phone support and email channels, which are flexible. There is no live chat available, which is a big downside as it is one of the fastest support options available. The website and the support are only in the English language.
Overall, the firm only managed to get a 2.6 score in this section.
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A Funded Firm scam has a high possibility of occurring as the firm is young, lacks trader reviews, and its services are not backed by regulated brokers.
No, despite offering cheap fees and advanced platforms, the safety is very low, and the profit split is only 70% despite the promised 100% amount.
The smallest price starts from 59 USD for the 5k USD challenge of the 2-step account type. A 1-step account with the same amount will cost 69 dollars.
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