FundsCap prop firm offers funded challenges ranging from 5k to 500k USD in virtual funding. The firm offers 2-step and instant challenge types. The pricing starts at 49 dollars and all fees are one-time fees, which is very flexible. The profit split is up to 90%, which is super competitive in the prop trading sector. The firm has very positive trader reviews on Trustpilot, indicating that it offers quality services. Traders can access 1:100 leverage which is more than enough to control considerable trading position sizes.
In this unbiased FundsCap review, we will assess the firm’s safety, rules, funded options and types, platforms, pricing, support, and more.
| Pros | Cons |
|---|---|
| Ability to withdraw with $0 fees | Withdrawals, though fee-free, can take up to 72 hours |
| Offers access to MetaTrader 4, MetaTrader 5 | No reviews on the FPA platform |
| Fast and digital account opening/verification | No webinars, trading courses, or blogs |
| Most payment options are free and instant | Live chat is available only via WhatsApp |
| Very positive reviews on Trustpilot |
| FPA Score | Not rated yet |
| Year founded | 2023 |
| Headquarters | Ireland |
| Minimum audition fee | 49 USD |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 5,000 USD |
| Maximum funded amount | 500,000 USD |
| Allowed daily loss | 6% |
| Profit target | 8% |
| Maximum trailing drawdown | 12% |
| Profit sharing (Payouts) | Up to 90% |
| Trading Platforms | MetaTrader 4 and MetaTrader 5 |
| Available trading markets | Forex, indices, commodities, cryptos |
There are no FundsCap reviews on the Forex Peace Army (FPA), which is a serious downside. However, the firm has around 1,100 reviews on Trustpilot, and 89% of those are 5-star evaluations. The firm was launched in 2023, which gives it a decent experience in the prop trading industry. All funded accounts are virtual accounts but trading services are supported by regular brokers which is a very positive sign for the firm.
The firm gets a 3.5 score in this section for having positive reviews and regulated broker backing.
FundsCap funded programs are two, 2-step, and instant challenges. The list of FundsCap funding options for the 2-phase challenge includes 5k, 25k, 50k, 100k, 200k, and 500k USD. This is a very decent range and allows both beginners and experienced prop traders to find suitable trading capital amounts. The instant FundsCap challenge offers only 25k, 50k, and 100k USD amounts. Instant challenges are typically more expensive and the same is true for FundsCap instant accounts that start from 258 dollars. However, 2-step challenges are very attractive with their pricing which we will explore in more detail later.
FundsCap scaling plan is not available which is a downside as traders can not grow their accounts.
Overall, the firm gets a 3 score in this section.
FundsCap prop trading assets include Forex pairs, commodities, indices, and cryptos. There are plenty of currency pairs available including both majors and minors and a few exotics as well. Commodities include precious metals and energies. Popular cryptos are offered including BTC and ETH and the firm also allows access to popular equity indices. Stock trading is not available which is a minor drawback for the firm. Maximum leverage is up to 1:100 which is decent.
Overall, the firm gets a 3 score in this section.
FundsCap rules slightly differ for each funded account type. To define whether the firm is restrictive with rules, let’s compare them for both challenges.
The 2-step FundsCap challenges require the following rules:
The Instant FundsCap account has the following requirements:
The firm allows traders to be Expert Advisors or EAs. All assets except cryptos are quoted 24/5 and Crypto is quoted 24/7. Traders are allowed to hold open positions over weekends.
Overall, the firm gets a 2.4 score in this section.
The pricing starts at 49 dollars for the 5k USD 2-step account which is very competitive. Let’s compare the pricing for both challenge accounts to see a clearer picture.
The 2-step pricing of FundsCap challenges are:
The fees for instant challenges are:
As we can see, 2-step challenges are cheap, and instant accounts are very expensive.
FundsCap free trial is not available and the FundsCap free repeat is not offered either, which is a serious downside.
Overall, the firm gets a 3.5 score in this section.
The firm allows access to advanced trading platforms, MetaTrader 4 and MetaTrader 5. Both platforms allow custom indicators and Expert Advisors (EAs), which is flexible. Mobile trading is available via the MT4 and MT5 mobile apps. The firm allows traders to use Expert Advisors, which is competitive.
Overall, the firm gets a 5 score in this section.
FundsCap profit split is 70% for instant challenges, and up to 90% for 2-step accounts. The 90% profit split is competitive for 2-steep accounts and it is disadvantageous for instant challenge traders that they can not access this amount. Withdrawals have no commissions but are slightly slow requiring up to 72 hours, which is a downside.
Overall, the firm gets a 3 score in this section.
The firm lacks trading education content like webinars, trading courses, or video guides. There is no trading blog which is a big downside. However, it offers some tools like the calendar to allow traders to track economic news. There is a trader dashboard offering many useful features like account management and so on.
Overall, the firm gets a 1.5 score in this section.
Customer support service is one of the most important factors when evaluating the firm’s reliability and attractiveness. FundsCap offers live chat and email options, which is useful. However, this live chat is only possible via WhatsApp, and traders need to download or have an account with this messenger app. There is a phone support option offered as well, which is a very important green flag for the firm. Both the website and the support are available in 5 languages which is very competitive.
Overall, FundsCap receives a 5 score in this section.
Our partner, XM, lets you access a free demo account to apply your knowledge.
No hidden costs, no tricks.
FundsCap scam is highly unlikely as the firm has experience in the prop trading industry and is blacked by regulated brokers, with positive Trustpilot reviews.
Yes, the firm offers competitive pricing, advanced platforms, and decent leverage with up to 90% profit split, and has excellent trader reviews.
The smallest fee starts at 49 dollars for the 5k USD 2-step challenge and is a one-time fee, which is very cheap and competitive.
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