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UFunded prop firm offers funded account challenges. The firm mainly focuses on instant challenges and is not offering any other types of challenges at this moment, which is a minor drawback. The funded options range from 45,000 to 360,000 USD and traders can later upgrade to up to 1,035,000 USD, which is very flexible. The firm allows access to 1000+ stocks, FX pairs, indices, and commodities. It offers a custom trading platform with a built-in dashboard and TradingView charts. The profit split is up to 90% which is very competitive.
In this unbiased UFunded review, we will assess the firm’s most important features to evaluate its safety, rules, assets, funded options and types, platforms, support, and more.
Pros | Cons |
---|---|
Instant challenge options | No smaller challenges for beginners |
High profit split up to 90% | No crypto trading options |
Quick withdrawal processing | Limited customer support |
Access to over 1000 stocks | No educational resources |
FPA Score | Not rated yet |
Year founded | 2024 |
Headquarters | U.A.E. |
Minimum audition fee | Unknown |
Fees on withdrawals | Unknown |
Minimum funded amount | 45,000 USD |
Maximum funded amount | 360,000 USD |
Allowed daily loss | 3% |
Profit target | 10% |
Maximum trailing drawdown | 6% |
Profit sharing (Payouts) | 90% |
Trading Platforms | Custom web platform |
Available trading markets | FX pairs, stocks, commodities, indices |
The number of UFunded reviews is 0 on the Forex Peace Army (FPA) platform, which is typically a red flag. On Trustpilot, the firm has around 250 reviews, mostly positive. This indicates that the majority of traders are satisfied with the firm’s service quality. The firm was initiated in 2024, which makes it fairly inexperienced in the prop trading industry.
The firm gets a 0 score in this section.
UFunded funded program is one 1-step challenge. The list of UFunded funding options includes 45k, 90k, 180k, and 360k USD. There are no smaller UFunded challenges, which is a downside for beginners. The lack of smaller accounts makes the firm suited only to more experienced traders. By analyzing its reviews, the firm truly seems reliable and popular among experienced traders. Before a trader opens an account, they have to complete a questionnaire where the firm determines the trader’s experience with markets.
A UFunded scaling plan is not available. However, traders can still get larger accounts depending on their level of trading experience. This is capped up to 1 million dollars.
As a result, the firm manages to get a 3 score in this section.
UFunded prop trading is possible by speculating on a range of markets including 1000+ US Stocks, Forex Majors, Commodities, and Indices. The firm does not provide cryptos for trading, which is a serious downside. The maximum leverage is rather small at 1:5 which is very low for FX pairs. There are no options or futures offered either, which is also a minor inconvenience for traders.
Overall, the firm manages to get a 3.5 score in the asset section.
UFunded rules are similar to other firms, with a 5% daily loss limit, an 8% maximum drawdown, and a 10% profit target. News trading is allowed, but traders are prohibited from holding open positions on weekends, which is a minor downside.
As a result, the firm gets a 1.5 score only in this section.
The firm does not disclose exact pricing on its funded challenges, and there is no proper live chat to quickly contact and get this information. This is a major red flag and bad marketing, as all prop firms indicate their fees clearly on their website.
The UFunded free trial is not offered, and the UFunded free repeat is not provided either. This is disadvantageous as traders can not test trading conditions before. Spreads are not zero and traders have to operate with 1 pip spreads on FX pairs, which makes it difficult to deploy scalping strategies.
Overall, the firm gets a 1.5 score in this section.
The firm has its own custom web trading platform, which allows traders to trade both stock and FX assets within the same space. While this is very comforting, the platform is still inferior to advanced trading software solutions like MT4 and MT5, which is a serious drawback. Mobile trading is available which is flexible.
Overall, the firm gets a 2.4 score in the platforms section.
The UFunded profit split is 90% for all challenges, which is really impressive. Withdrawals are quick, taking a maximum of 1 day to get processed, which is also fast and convenient. Traders can withdraw at any moment they wish, which is very competitive.
Overall, the firm gets a 5 score in this section.
The firm does not offer educational resources like webinars, trading courses, or video guides. However, there are plenty of tools available allowing traders to monitor news and use stock screeners. Trading journals allow them to measure and monitor their performance, which is very advantageous.
Overall, the firm gets a 1 score in this section.
When it comes to customer support, the firm offers only an email option. There is also a chatbot available, but it acts like an email support agent to send messages to the firm, which is not flexible. This is a serious problem as traders can not immediately solve problems and have to wait for email responses.
As a result, the firm gets a 1.2 score in this section.
Our partner, XM, lets you access a free demo account to apply your knowledge.
No hidden costs, no tricks.
UFunded scam is less likely as the firm has many positive reviews on the Trustpilot. However, the firm is still young and not fully reliable.
The firm offers many benefits like quick withdrawals, and instant challenges, but lacks experience and does not disclose its one-time fees.
The firm is not clear with its challenge pricing, which is a serious red flag.