Precision Funding prop firm offers funded account challenges with funded options ranging from 25k to 300k USD, which is decent. The firm is focused on futures only, and traders can select many different assets in the form of futures such as Forex pairs, equities, and so on. The profit split is up to 90% using the paid add-on. There is a profit withdrawal threshold and when traders withdraw the maximum amount, the remaining profits are added to the account balance.
In this unbiased Precision Funding review, we will evaluate the firm’s safety, rules, funded options and types, assets, platforms, pricing, support, and more.
| Pros | Cons |
|---|---|
| Ability to withdraw with $0 fees | Low trailing drawdown of 3% |
| No daily risk limits required | Confirmed scam: 41% of Trustpilot reviews are 1-star evaluations |
| Wide range of assets under futures | No live chat support |
| No multilingual support | |
| Expensive fees from 159 USD per month | |
| Only 1-step challenges are offered |
| FPA Score | No rating |
| Year founded | 2024 |
| Headquarters | Lansing, United States |
| Minimum audition fee | 159 USD per month |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 25,000 USD |
| Maximum funded amount | 100,000 USD |
| Allowed daily loss | None |
| Profit target | 6% |
| Maximum trailing drawdown | 3% |
| Profit sharing (Payouts) | Up to 90% |
| Trading Platforms | QuanTower and Rithmic |
| Available trading markets | Futures only |
The Precision Funding reviews are 0 on the Forex Peace Army (FPA) reputable platform, which is a serious drawback for the firm’s safety. On Trustpilot, the firm has around 30 reviews and 41% of these reviews are 1-star evaluations, which indicates serious reliability issues with the firm’s services. When it comes to experience, Precision Funding was established in 2024, which makes it young and inexperienced in the prop trading industry. All funded challenges are simulated accounts and traders can not access live funded accounts even after they are funded, which is yet another red flag for the firm’s safety.
The firm gets a 0 score in this section.
Precision Funding funded program is a 1-step challenge. The firm does not offer any other funded account types such as 2-step and instant, which is a drawback. The list of Precision Funding funding starts from 25k USD and includes 25k, 50k, 75k, 100k, 150k, and 300k USD amounts. The smallest Precision Funding challenge being 25k USD is a downside as beginners prefer smaller funded accounts.
A Precision Funding scaling plan is available and traders can grow their funded account balance, which is flexible. Traders can also redirect their profits to a scaling plan.
The firm gets a 2 score in this section.
Precision Funding prop trading assets include only futures. Traders can speculate on a wide range of different markets using futures but they can not access Forex and other assets directly, which is a drawback. The firm does not allow crypto trading.
Overall, the firm only gets a 1 score in this section.
Precision Funding rules are strict and include:
The firm offers Quantower connection for free and also provides price data for free, which is competitive. Overnight and weekend holding is not allowed and traders must close positions at the end of the trading day (trading hours are specified on the website).
Overall, the firm gets a 1 score in this section.
Precision Funding fees are monthly fees and traders have to pay them every month to maintain their funded accounts. The pricing for each 1-step challenge is:
The firm offers pricing data and trading platforms for free, which is attractive as both are paid when trading futures. The price is slightly higher than 150 USD which makes it expensive.
The Precision Funding free trial is not available and the Precision Funding free repeat is not offered, which is a downside.
Overall, the firm gets a 1 score in this section.
The firm allows access to advanced futures trading platforms QuanTower, and Rithmic. It no longer offers NinjaTrader 8 but is working to offer the platform again. These platforms are advanced futures trading platforms and have many features including plenty of built-in indicators and other useful features.
The firm gets a 3.9 score in this section.
Precision Funding profit split is up to 90% but traders have to pay for add-ons to get this amount. The firm requires a minimum of 10 trading days before payouts can be requested. Withdrawals are slow and restricted. However, many traders complain about the firm being a scam and declining withdrawals for no reason.
The firm gets a 3 score in this section.
The firm does not provide educational materials, which is a huge drawback as futures trading requires serious learning and practice. There are no trading courses, not videos available. The firm does not offer trading blogs either.
As a result, Precision Funding gets a 0 score in the education section.
The firm promises 24/7 support, but traders need to install Discord to access support, which is not convenient. There is also an email support option available. The firm does not offer phone support, which is a red flag. Both the website and the support are only available in the English language.
The firm gets a 1.2 score in this section for offering a horrible support experience.
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Precision Funding scam is almost confirmed by 41% of traders who evaluate the firm by 1-star, which means the firm is most likely a scam.
No, the firm lacks safety and many traders directly indicate it is a scam, which makes it very risky to sign up for this firm.
The smallest fee starts at 159 USD per month for the smallest 1-step challenge, which is a 25k USD futures funded account.
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