Pros & cons of FundedBull prop firm:

FundedBull Fact sheet

FundedBull is a young prop firm but it has so many positive online reviews by traders we firmly assume it is a legit prop firm that is focused on delivering. The firm mentions that it was launched by industry experts with prop trading experience and aims to help new traders find a reliable partner while attracting experienced traders with diverse funded options and scaling plans. The firm also has liquidity provers and regulated brokers as partners ensuring a safe trading environment with high-quality price data. The support is responsive and their representatives were polite and well-trained when we tried to get some details about the firm and its services. Overall, FundedBull seems a legit and reliable firm that offers value to both beginners and seasoned traders with multilingual support and diverse trading platforms.
Since the firm trades with its own capital, it does not need to provide negative balance protection and offers traders risk-free trading as prop traders are not liable for losses in their funded accounts. 

Funded Account types available for traders on FundedBull 

There are three funded account options offered at FundedBull each of them aimed at a different trading experience. The 1-step evaluation is the fastest way to get funded after hitting the profit target. The 2-step account has two different phases to pass and the 3-step evaluation has 3 evaluation phases. The funding options range from 5k to 250k and offer very flexible options in between including 10k, 25k, 50k, and 100k USD. 

Pros & cons of FundedBull Funded account types

FundedBull rules are simple and few. Traders need to limit their daily and overall losses to ensure the firm’s capital is protected from irresponsible trading. Depending on the account type, the rules are slightly different. For example, the 1-step account has a 3% daily risk limit, a 6% maximum drawdown limit, and a 9% profit target. Minimum trading days are 5 and maximum leverage is capped at 1:50 for all funded accounts. The 2-step account has a 4% daily risk limit, an 8% maximum drawdown, and an 8% profit target. The 3-step account which is best suited for beginners has the easiest rules including a 4% daily risk limit, a 7% overall drawdown, and only a 6% profit target which is the lowest among prop firms.

Fees & commissions review of FundedBull 

Trading fees are an important aspect of FX trading where high spreads and commissions can render even profitable strategies useless. Let’s analyze and compare FundedBull fees with popular brokers. 

Comparing FundedBull fees with other brokers

FundedBull fees compared to Interactive Brokers fees

*Inactivity fee was eliminated by IB in 2021, it used to be $20/m

FundedBull fees compared to CM Trading fees

FundedBull fees compared to plus500 fees

FundedBull fees compared to XM fees

FundedBull fees compared to AvaTrade fees

FundedBull fees compared to Capital.com fees

FundedBull offers multiple advanced trading platforms including MetaTrader 4, MetaTrader 5, cTrader, Match-Trader, and DXTrade. These platforms offer comprehensive technical analysis capabilities with built-in economic calendars which is very useful to conduct a full analysis from one platform. All platforms are available for mobile devices as well ensuring traders can access their funded accounts on the go. The website is also mobile-friendly and allows traders to use smartphones as their main trading platform.

FundedBull provides educational resources to beginner prop traders who want to become consistently profitable while operating funded accounts. The firm has a wide range of educational content and trading courses allowing novices to become experts and get real funded accounts in a reasonable amount of time. 

FundedBull offers multilingual support and a website. The support channels are also diverse and include live chat and email to quickly connect with the firm’s representatives and get help. The live chat is the most efficient and FundedBull has responsive and well-trained personnel with average response time in seconds, which we tested during our evaluation. 

FundedBull stands out as a very promising Forex prop firm that offers a 90% profit sharing, allowing traders to keep a significant portion of their profits. The firm has low fees from 49 dollars on 5k accounts making it one of the most affordable and beginner-friendly firms out there. The firm also offers diverse trading platforms and up to 1:50 leverage allowing consistent traders to maximize their profits. Traders at all levels can find suitable FundedBull funded programs as the firm has three different funded types including 1-step, 2-step, and 3-step programs. FundedBull’s diverse educational resources and responsive customer support further enhance the firm’s legitimacy. Despite being young, FundedBull has managed to amass very positive reviews from traders which is very crucial.