Great Trustpilot Rating of 4.2/5
Three Unique Funding Programs
Professional Trader Dashboard
No Maximum Trading Period
High Profit Target Requirements
Low Leverage with Swing Evaluation
No News Trading
Lack of partnership support
FunderPro believes in empowering traders by not limiting their paths that lead to success. They have designed challenges to provide all traders with an opportunity to manage significant amounts of capital. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 and receive 80% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.
FunderPro is a proprietary trading firm with the legal name FunderPro Ltd that was incorporated in February 2023. They are located in Malta and are being managed by CEO Gary Mullen. FunderPro provides traders with the opportunity to choose between three account types, two two-step evaluations, and a one-step evaluation while being partnered with a tier-1 liquidity provider with a liquidity provider that grants them direct market access as their broker.
FunderPro’s headquarters are located at 30/1, Kenilworth Court, Sir Augustus Bartolo Street, Ta’Xbiex XBX1093, Malta.
Gary Mullen is the CEO of FunderPro. He and his team have worked hard to create a challenge that will be, in his words, ”a game changer” in the proprietary trading firm industry. This is due to the fact that they have eliminated all the complicated trading rules while also presenting traders with unlimited time to complete the challenge.
He and his team are excited to offer traders worldwide the opportunity to showcase their trading skills and trade their capital in order to receive real capital gains. In addition, he also believes that all the additional resources that FunderPro is offering will also help traders improve their trading performance, meaning that they will start achieving better results while working with them.
FunderPro was brought to market by Red Acre Group, which is an innovative fintech powerhouse with cutting-edge technology at the heart of its operational framework. Red Acre Group is a leading expert in several advanced industries, including fintech and blockchain technology. The firm offers outstanding business solutions to organizations seeking to outsource professionals in order to elevate their operations to new heights. The primary aim of Red Acre Ltd is to minimize the challenges of running a business and devise strategies, platforms, and sustainable solutions for optimal performance and success in the long term.
FunderPro provides its traders with three unique funding program options:
FunderPro’s Regular Evaluation provides traders the opportunity to manage account sizes ranging from $5,000 up to $200,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Regular Evaluation allows you to trade with up to 1:200 leverage.
Evaluation phase one requires a trader to reach a profit target of 10% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 10% profit target without breaching the maximum daily or maximum loss limit rules.
Evaluation phase two requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to funded status, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.
By completing both evaluation phases, you are awarded a funded account where you have a minimum withdrawal amount of $100. You must only respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout can be on day one if you manage to generate a profit, while all other withdrawals can also be submitted on a daily, on-demand basis. Your profit split will be 80% based on the profit you make on your funded account.
Regular Evaluation Scaling Plan
Regular Evaluation also has a scaling plan. If a trader is profitable in the last three months with a 10% return in each month over the three-month period, then you will become eligible for an account size increase equal to 50% of the account size.
Example:
After 3 Months: A qualified $100,000 account increases to $150,000.
After the Next 3 Months: A qualified $150,000 account increases to $225,000.
After the Next 3 Months: A qualified $225,000 account increases to $337,500.
And so on…
Regular Evaluation Trading Rules & Objectives
FunderPro’s Swing Evaluation provides traders the opportunity to manage account sizes ranging from $5,000 up to $200,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Swing Evaluation allows you to trade with up to 1:30 leverage.
Evaluation phase one requires a trader to reach a profit target of 10% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 10% profit target without breaching the maximum daily or maximum loss limit rules.
Evaluation phase two requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to funded status, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.
By completing both evaluation phases, you are awarded a funded account where you have a minimum withdrawal amount of $100. You must only respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout can be on day one if you manage to generate a profit, while all other withdrawals can also be submitted on a daily, on-demand basis. Your profit split will be 80% based on the profit you make on your funded account.
Swing Evaluation Scaling Plan
Swing Evaluation also has a scaling plan. If a trader is profitable in the last three months with a 10% return in each month over the three-month period, then you will become eligible for an account size increase equal to 50% of the account size.
Example:
After 3 Months: A qualified $100,000 account increases to $150,000.
After the Next 3 Months: A qualified $150,000 account increases to $225,000.
After the Next 3 Months: A qualified $225,000 account increases to $337,500.
And so on…
Swing Evaluation Trading Rules & Objectives
FunderPro’s Fast Track provides traders with the opportunity to manage account sizes ranging from $5,000 up to $200,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The Fast Track allows you to trade with leverage up to 1:50.
The evaluation phase requires a trader to reach a profit target of 14% while not surpassing their 4% maximum daily loss or 7% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to funded status, you are only required to reach the 14% profit target without breaching the maximum daily or maximum loss limit rules.
By completing the evaluation phase, you are awarded a funded account where you have a minimum withdrawal amount of $100. You must only respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout can be on day one if you manage to generate a profit, while all other withdrawals can also be submitted on a daily, on-demand basis. Your profit split will be 80% based on the profit you make on your funded account.
Fast Track Scaling Plan
Fast Track also has a scaling plan. If a trader is profitable in the last three months with a 10% return in each month over the three-month period, then you will become eligible for an account size increase equal to 50% of the account size.
Example:
After 3 Months: A qualified $100,000 account increases to $150,000.
After the Next 3 Months: A qualified $150,000 account increases to $225,000.
After the Next 3 Months: A qualified $225,000 account increases to $337,500.
And so on…
Fast Track Trading Rules & Objectives
FunderPro differs from most industry-leading prop firms due to offering three unique account types: two two-step evaluations and a one-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, no minimum trading day requirements, a first withdrawal from day one after achieving funded status, and on-demand future payouts.
FunderPro’s Regular Evaluation is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 10% in phase one and 8% in phase two, with a 5% maximum daily and 10% maximum loss rules. You also have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 5 calendar days in each evaluation phase. The Regular Evaluation also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Regular Evaluation stands out mainly for having an unlimited trading period, no minimum trading day requirements, a first withdrawal from day one after achieving funded status, and on-demand future payouts.
It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.
After considering all the factors, FunderPro is highly recommended since you have three unique funding programs to choose from, two two-step evaluations and a one-step evaluation, which all feature realistic trading objectives and conditions for qualifying for payouts.
FunderPro is a proprietary trading firm that was incorporated in February 2023. They have a large community of traders who have reached funded status and successfully qualify for a profit split.
While working with FunderPro and reaching funded status with the Regular Evaluation, Swing Evaluation, or Fast Track, you will be eligible to receive your first payout on day one if you manage to generate a profit. However, after your first payout, you will be eligible to receive payouts on a daily, on-demand basis. Your profit split will consist of a generous 80% based on the profit that you have generated on your funded account.
When it comes to FunderPro payment proof, you can find it on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof for FunderPro is their Discord channel and YouTube channel, where you can find numerous payout certificates and interviews of the most successful traders.
Examples of Payout Certificates and Payment Proof can be seen in the images below.
FunderPro is partnered with a liquidity provider that grants them direct market access as their broker.
As for trading platforms, while you are working with FunderPro, they allow you to trade on TradeLocker.
As mentioned above, FunderPro is partnered with a liquidity provider that grants them direct market access as their broker, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, and cryptocurrencies with a leverage of up to 1:200, depending on the trading instrument that you are trading and the Evaluation that you are participating in.
Forex Pairs
FunderPro provides its community with a detailed Blog with educational content, such as the following five categories:
Additionally, FunderPro also provides traders with a well-structured dashboard, making it easier to manage risk with all the live statistics of their trading objectives.
FunderPro has gathered a great score on Trustpilot based on their community’s feedback.
On Trustpilot, FunderPro has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.2 out of 5 from a substantial pool of 426 reviews. Notably, 75% of these reviews have awarded FunderPro the highest rating of 5 stars.
The client praises FunderPro’s customer service for its excellence in troubleshooting and resolving access issues with the challenge account. Despite not having passed the evaluation yet, they express confidence in the quality of service received from FunderPro.
The client commends FunderPro for its excellent platform and dashboard, highlighting the firm’s consistent support and assistance, even facilitating account transitions between brokers to enhance the user experience. They express a high level of trust in FunderPro and rank them as a great proprietary trading company.
FunderPro can also be found on numerous social media platforms.
In conclusion, FunderPro is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between three funding programs: the Regular and Swing Evaluation, which are two-step evaluations, and the Fast Track, which is a one-step evaluation.
FunderPro’s Regular Evaluation is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach profit targets of 10% in phase one and 8% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during both evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the Regular Evaluation features a scaling plan, providing you with the opportunity to increase your initial account balance.
FunderPro’s Swing Evaluation is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach profit targets of 10% in phase one and 8% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during both evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the Swing Evaluation features a scaling plan, providing you with the opportunity to increase your initial account balance.
FunderPro’s Fast Track is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach a profit target of 14% to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 7% maximum loss rules to follow during the evaluation and 5% maximum daily and 10% maximum loss rules once funded. Regarding time limitations, you have no minimum or maximum trading day requirements during the evaluation phase, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the Fast Track features a scaling plan, providing you with the opportunity to increase your initial account balance.
I would recommend FunderPro to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with unique features, such as an unlimited trading period, no minimum trading day requirements, a first withdrawal from day one after achieving funded status, and on-demand future payouts. After considering everything FunderPro has to offer to traders worldwide, they can be considered an excellent choice for anyone who has a well-developed trading strategy and is looking to acquire profits slowly on a consistent basis.