Uni Virtual Funding Forex prop firm review

Uni Virtual Funding Forex prop firm review

Uni Virtual Funding prop firm offers funded accounts ranging from 10k to 1.5 million dollars, which is super competitive and flexible. The firm has a unique approach to its business model, as traders can pass the challenges first and pay the fees later. This is incredibly attractive for traders who are not sure if they can pass challenges. However, the pricing starts at 149 USD, which is slightly expensive. The profit split is 90% which is very attractive. The firm offers 1-step and 2-step challenge models. 

In today’s unbiased Uni Virtual Funding review, we will dissect the firm’s most important features like safety, rules, assets, fees, funded account types and options, support, platforms, and more.

Pros & cons of Uni Virtual Funding prop firm

ProsCons
Post-challenge fee structureLack of trader reviews and no regulatory backing
High 90% profit-sharingStrict trading rules
Diverse asset classes and trading optionsNo educational resources and scaling plan to support account growth
Free repeat challenges 

Quick rating of Uni Virtual Funding and its features

FPA ScoreNot rated yet
Year founded2024
HeadquartersDubai, U.A.E.
Minimum audition fee149 USD
Fees on withdrawals0.5%
Minimum funded amount10,000 USD
Maximum funded amount1,500,000 USD
Allowed daily loss3-4%
Profit target8-10%
Maximum trailing drawdown6-8%
Profit sharing (Payouts)90%
Trading PlatformsCustom web platform
Available trading marketsFX pairs and CFD indices, metals, commodities, equities and cryptocurrencies

Safety of Uni Virtual Funding

Uni Virtual Funding reviews are lacking on the Forex Peace Army platform (FPA), which is always a red flag. On Trustpilot, the firm has no reviews either, which is a major red flag. Not having trader feedback on the firm’s services makes it super risky. All funded accounts are demo accounts and trading services are not backed by regulated brokers, which is yet another red flag for the firm. Uni Virtual Funding was established in 2024 which makes it a very young firm. With this information and lack of experience in the markets, the firm is very risky to sign up for. 

The firm got a 0 score in this section, as it is very unreliable as of yet.

Uni Virtual Funding funding and maximum capital allocation

Uni Virtual Funding funded programs are two, 1-step, and 2-step challenges. Traders can pass the challenges by hitting the profit targets, once for the 1-step, and twice for the 2-step. The Uni Virtual Funding funding options include 10k, 25k, 50k, 100k, 200k, 400, 500k, and 1.5 million USD. This is very diverse and makes it attractive for seasoned traders. However, since the firm lacks trader reviews and is young, we can not recommend it to our readers, even though its funding options are diverse and have a unique fee structure. 

Uni Virtual Funding challenges offer the same funded options for both account types of 1-step, and 2-step.

Uni Virtual Funding scaling plan is not available, which is understandable as the firm offers up to 1.5 million USD in virtual funding by default. However, it is still a minor downside as traders can not start small and grow their account balance. 

Overall, the firm gets a 4 score in this section.

Uni Virtual Funding Assets

Uni Virtual Funding prop trading assets are diverse and include FX pairs and CFD indices, metals, commodities, equities, and cryptocurrencies. This is very attractive as traders can trade many different markets, which is especially useful for multi-asset traders.

Overall, the firm gets a 3.5 score in this section. 

Uni Virtual Funding Trading rules and limitations

Uni Virtual Funding rules are strict for both accounts. The 1-step challenge is the stricter out of the two with a 3% daily loss limit, a 6% maximum drawdown, and an 8% profit target. The 2-step challenge has a 4% daily risk and an 8% maximum drawdown limit, while profit targets are 8% and 6% for phases, 1, and 2. Hedging is not allowed. News trading is allowed, and traders are allowed to trade cryptos during weekends, which is flexible. 

Overall, the firm managed to get only a 0.5 score in this section because of its strict rules and requirements.

Uni Virtual Funding Fees

The pricing at Uni Virtual Funding starts at 149 USD for the 10k challenges. However, this fee is charged after the trader passes the challenge and becomes funded and is refunded during 1st payout, which seems incredibly attractive. The pricing is not different for 1-step accounts, which allows traders to select the most preferable account. 

Uni Virtual Funding free trial is offered as traders start the challenge without the need to pay one-time fees, and after they pass an evaluation they can decide to pay the fee. 

Uni Virtual Funding free repeat is also available, as traders can start over if they fail and continue trying until they become funded. The only downside for traders is the spreads, which are higher than 0 pips. 

Overall, the firm gets a 4 score in this section.

Uni Virtual Funding Platforms

The firm only allows access to its own custom web trading platform, which is a serious downside. The inability to access popular platforms like MT4, 5, and others makes it difficult to properly analyze markets before opening an order. Mobile trading is available but inconvenient as traders have to use web browsers.

As a result, the firm only gets a 0.9 score in this section. 

Uni Virtual Funding Profit-Sharing

Uni Virtual Funding profit split is always 90% which is very attractive. Traders can start challenges without paying fees and only pay fees after they get funded. These fees are then refunded together with the 1st payout which gets processed, which is automatic. 

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

Education and trading tools at Uni Virtual Funding

The firm does not offer educational services or comprehensive materials, which is inconvenient. There are no webinars, live videos, or trading courses offered for beginners. The firm also lacks tools to allow traders to increase their trading accuracy, which is yet another downside.

Overall, the firm gets a 0 score in this section. 

Customer Support at Uni Virtual Funding

From customer support options, there are live chat and email channels available. No phone support is provided which is a minor red flag and the firm does not offer multilingual support or a website.

Overall, the firm only gets a 2.4 score in the support section. 

Frequently Asked Questions on Uni Virtual Funding

Is Uni Virtual Funding legit?

Uni Virtual Funding scam is still a possibility as the firm is young, lacks trader reviews, and only provides virtual or demo accounts without broker support.

Is Uni Virtual Funding a good prop firm?

The firm offers unique features like post-challenge fees and a high 90% profit split but lacks trader feedback, broker support, and educational tools.

What is the minimum Uni Virtual Funding fee?

The minimum fee is $149 for the 10k funded account challenge, paid only after successfully passing the evaluation, which is very flexible.