Who Are FunderPro?
FunderPro is a proprietary trading firm located out of Malta, with operations and compliance standards only matched by the best firms in the world since 2023, providing professional traders access to substantial capital after successfully passing an evaluation phase. The firm has different account levels and generous profit splits, which suit new or experienced traders trading indices, commodities, and crypto. By providing flexibility for traders to overnight or weekend stock trading — allowing them more opportunities to get in on their marks of market share movements.
The company has partnered with ThinkMarkets, a popular broker, to provide an investor-friendly trading experience across various platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the award-winning TradeLocker platform.
What Sets FunderPro Apart from Other Prop Trading Firms?
Where FunderPro stands apart from other prop firms is in its blend of laxer evaluation as far as non-financial KPIs, more aggressive scaling, and trader-friendly terms.
Flexible Evaluation Structure
Unlike many other prop shops, FunderPro has an evaluation phase that is NOT time-bounded, allowing you to finish this at your own pace, even taking months if needed. This reduces pressure and is ideal for traders of all experience levels, with just a 14% profit target and certain drawdown limits.
High Profit Splits
FunderPro offers an 80/20 profit split — with a chance to go up to 90% on certain accounts. With this high payout percentage, expert traders can retain a substantial portion of their gains, working in an environment that encourages profitability alongside an aggressive scaling model.
Priority Opportunities to Scale Aggressively
A unique feature of FunderPro is its Fast Track scaling plan, which enables traders to augment their account size by 50% every three months by hitting specific performance thresholds. For instance, a trader with a $100,000 account can grow to $150,000 in three months by consistently making 10% per month. Continued success can eventually allow for a $5 million maximum account level, representing one of the industry’s most aggressive rapid scaling opportunities.
Permissive Trading Conditions
FunderPro offers a flexible trading environment, allowing traders to maintain positions overnight and over weekends, features not common in most prop firms. Supporting discretionary, algorithmic, and high-frequency trading (HFT), it caters to diverse trading styles and conditions (excluding high-impact news events), enhancing risk management for traders.
Robust Support and Resources
FunderPro emphasizes trader development with extensive educational resources, trading tools, and continuous support. The firm’s partnership with ThinkMarkets provides access to top-tier platforms like MT4, MT5, and ThinkTrader with a low-commission structure, ensuring that traders have the best resources to hone their skills and achieve market success.
Clear and Transparent Rules
FunderPro’s evaluation and funding guidelines are clearly defined, reducing confusion and fostering a straightforward trading experience. The firm’s consistency rule requires traders to maintain stable performance, ensuring success is rooted in disciplined trading rather than isolated high-risk moves, fostering trust and confidence.
Ultimately, the nimble evaluations, profit-sharing mechanics, and rapid scaling strategies put FunderPro in a league of its own, establishing it as a forward-thinking prop trading firm that truly prioritizes traders’ success.
What Are the Options for Funded Accounts?
The funded accounts in the FunderPro Program are accessible for traders of all levels, from beginners to experienced ones, designed to fit varying levels of trading experience, account size, risk management effort, and growth potential. Each account type requires a one-time fee and passing an evaluation phase to access live trading capital. Here’s a closer look at the available funded accounts:
$25,000 Account:
Priced at $250, targeting beginners or those who want to start small, this account provides a low-risk introduction to prop trading. Traders must achieve a 14% profit target in the evaluation phase and adhere to a 4% daily loss limit and a 7% total drawdown. Once funded, the daily loss limit rises to 5%, and the drawdown to 10%, offering a more forgiving environment.
$50,000 Account:
The $50,000 account, priced at $300, strikes a balance between risk and reward, suitable for traders with moderate experience. It has the same 14% profit target during the evaluation phase and risk parameters: 4% daily loss and 7% overall drawdown.
$100,000 Account:
The $100,000 account, costing $550, targets more experienced traders needing larger capital to execute their strategies. It offers greater earning potential with the same evaluation rules, allowing traders to maximize opportunities with a larger account size.
$200,000 Account:
The top-tier $200,000 account costs $995, offering significant capital upfront for skilled traders with a proven track record. It follows the same evaluation criteria: a 14% target and strict drawdown rules before moving to live trading.
Scaling Opportunities:
One of the most attractive features of FunderPro’s accounts is scalability. Traders who hit a 10% profit target three consecutive months can qualify for a 50% account increase, growing rapidly up to a maximum $5 million. This structure rewards disciplined trading, allowing traders to expand their capital while keeping the majority of their profits.
Is Getting Funded on FunderPro Realistic?
Getting funded on FunderPro is a realistic scenario, thanks to its simple evaluation criteria and flexible trading rules. Traders must reach a 10% profit target during the evaluation phase while keeping daily losses under 5% and avoiding a drawdown above 10%. Once funded, the maximum drawdown limit increases to 10%, providing additional comfort for risk management. The absence of time limits on completing the evaluation phase means that FunderPro is accessible to even novice traders, allowing them to achieve their targets without the pressure of deadlines.
What Brokers Does FunderPro Use?
FunderPro has partnered with ThinkMarkets, a top-tier broker known for its extensive market access and advanced trading platforms. ThinkMarkets provides FunderPro traders with access to MetaTrader 4 (MT4), MetaTrader 5 (MT5), and their proprietary ThinkTrader platform, offering robust tools for market analysis, automated trading, and fast execution speeds. This partnership ensures that FunderPro traders benefit from a high-quality trading environment, backed by reliable infrastructure and comprehensive support.
What Trading Instruments Do FunderPro Offer?
FunderPro rounds out the package with an extensive selection of trading instruments that offer:
- Forex Pairs: Major, minor, and exotic currency pairs enable traders to take advantage of international currency trends.
- Indices: Including major indices like the S&P 500, NASDAQ, and FTSE 100, offering trading opportunities in broad market trends.
- Commodities: Such as gold, silver, oil, and other commodities, providing high liquidity and trading opportunities.
- Cryptocurrencies: Bitcoin, Ethereum, and other major cryptocurrencies are available, catering to digital asset traders.
With so many different assets to trade on, traders can create more layers to their strategy, helping them unlock the full potential of their trading activity across all market conditions.
What Are the Rules & Restrictions on FunderPro?
FunderPro has implemented several restrictions aimed at encouraging disciplined trading.
- Profit Targets: The evaluation step is based on a 14% target, and funded accounts do not have set profit targets, providing more flexibility to demonstrate performance comfortably.
- Maximum Daily Loss: Set at 4% during evaluation and increased to 5% once funded, this rule keeps traders disciplined with their risk management on a daily basis.
- Max Drawdown: 7% in the evaluation phase and up to 10% once funded, achieving a balanced and solid risk management framework.
- Consistency Rule: Traders must perform consistently in terms of position sizes, risk management, and overall gains, ensuring that their profitability is not reliant on one or a few significant trades.
What Leverage Can You Use on FunderPro?
The trader offered different ratios for each type of trading instrument that FunderPro provides.
- Forex and Cryptocurrencies: You can have up to 1:100 leverage, allowing traders to open positions of almost any size with relatively small amounts of real capital.
- Metals, Indices, and Energies: Available for trading on up to 1:200 leverage, which increases buying power and flexibility in these highly liquid markets.
- Equities: Maximum leverage of 1:20, reflecting the higher risk and volatility of individual stocks.
These general trading leverage levels allow traders to adjust their risk exposure based on their strategy and the type of asset class they are trading.
FunderPro Support and Help
Contact FunderPro
Email: support@funderpro.com
Social Media Profiles
- Facebook profile with 3k followers
- X/Twitter profile has 7.4k followers
- Instagram profile has 18.4k followers
- TikTok profile has 1k followers
- Discord group has 10k members
- YouTube channel has 3.4k subscribers
FunderPro Trust Pilot Reviews
FunderPro has received great customer feedback from its traders on Trust Pilot. With an overall score of 4.3 out of 5 from 439 reviews.
Conclusion
FunderPro is an attractive choice for traders looking to participate in a tech-driven, modern prop trading environment. Boasting a diverse array of account types, abundant scalability, and a full range of trading instruments, FunderPro caters to both novice traders and seasoned veterans. The firm’s partnership with ThinkMarkets provides access to advanced trading platforms and reliable market execution. With realistic evaluation criteria, no time limits, and high profit splits, FunderPro creates the environment and structure traders need to succeed. For both experienced and new traders, FunderPro offers the resources and experience needed to thrive in the competitive world of prop trading.
FAQ’s
To become a funded trader with FunderPro, you must pass a two-step evaluation process. This involves achieving specific profit targets while adhering to daily and overall drawdown limits. Once these criteria are met, your account will be assessed, and if all requirements are fulfilled, you will receive a funded account with real trading capital.
FunderPro offers a wide range of trading instruments, including forex pairs, indices, commodities, cryptocurrencies, and energies. This diverse selection allows traders to diversify their strategies and capitalize on various market opportunities.
Commissions on FunderPro vary by instrument, with typical charges of $7 per lot for forex and other assets. Contract sizes are standardized for each trading instrument, such as 100,000 units for forex pairs and varying units for commodities and indices, allowing traders to manage their positions effectively according to their trading strategies.
Yes, FunderPro offers a scaling plan that allows traders to increase their account balance by 50% every three months, provided they meet specific performance conditions. This scaling option enables traders to grow their accounts significantly, with the potential to reach up to $5 million.
The consistency rule at FunderPro measures a trader’s ability to make consistent profits while managing risk, specifically during the verification phase. This rule ensures that traders are not relying on occasional high-risk trades for their success but instead are demonstrating stable, sustainable trading practices.
FunderPro allows trading under most market conditions but restricts trading during specific high-impact news events. This restriction helps traders avoid periods of extreme volatility and slippage, which can significantly impact performance and risk management.
