Founded in 2019, FunderPro is a leading prop trading firm based in Malta. With a strong focus on technology and innovation, they offer an unrivaled tradng experience to their clients.
The team at FunderPro is highly experienced, dedicated to providing the best possible trading experience. Their proprietary trading platform offers traders access to various markets, including forex, stocks, commodities, metals, and indices. The platform is user-friendly and fully integrated with the latest in trading technology.
Plus, the team at FunderPro also provides clients with regular market updates, analysis, and advice. Their funded account challenge is designed to help traders improve their skills and reach their trading goals.
With multiple evolution phases, traders can easily track their progress and adjust their strategy. Furthermore, FunderPro also offers risk management tools to help traders control their risks without compromising performance. Let's dive into more details of the FunderPro prop trading firm:
This leading prop trading firm has implemented all the modern security measures to ensure the safety of its clients. FunderPro has got a good record when it comes to trading. All the transactions and data are encrypted to prevent any unauthorized access. Moreover, the firm has also implemented firewalls and other security protocols.
With robust SSL encryption and two-factor authentication, traders can rest assured that their data is safe and secure. Furthermore, the firm complies with KYC (Know Your Customer) regulations. It ensures that all clients have to provide valid ID documents and other required information before trading.
FunderPro has partnered with top-tier banks to ensure a seamless trading experience for their traders. To offer a frictionless trading experience, they've used modern technologies to build their trading dashboard, offering the most advanced features.
The dashboard developed by FunderPro is intuitive and easy to use. It allows traders to monitor their trading accounts, analyze market data, access real-time news, and manage their risks. The platform is highly customizable, allowing traders to personalize the dashboard according to their needs.
The dashboard also includes an integrated chat system, which allows traders to communicate with other traders and get valuable insights. Plus, the platform is also integrated with advanced charting tools to help traders make informed decisions.
They offer live trading on a real account, and their STP (Straight Through Processing) execution ensures that all trades are executed accurately without any manipulation.
Furthermore, FunderPro offers fast, reliable weekly payouts. Traders can keep 80% of their profits and scale up to $5,000,000. Plus, the payouts are processed within 24-48 hours.
Traders get all the advanced features and support they need from FunderPro. Plus, their customer support team is available 24/7 to answer any queries or concerns. Now, let's look at their funded account evolution process.
In prop trading, traders don't need to invest their capital. Instead, traders are provided with a funded trading account to get started and improve their skills. Furthermore, this type of trading gives traders the opportunity to earn money even if their trades are unsuccessful.
FunderPro makes the evaluation process simple and straightforward. After signing up, traders are required to go through two phases. Once traders prove their skills in the first phase, they have a funded account to start trading. Below are the evolution process requirements:
The first requirement of their evolution process is that traders must maintain a 5% daily drawdown. This means that your daily loss should not exceed 5% of your current account size. For example, if your account is funded with $50,000, the allowed daily loss of 5% would equal $2,500.
Furthermore, with the same amount of $50,000, if you make a profit of $10,000 and your account is now $60,000, the allowed daily loss of 5% would be equal to $3,000. This requirement has no time limit, and the drawdown must be maintained until you reach the second phase.
The overall drawdown refers to the maximum loss you can have on your account at any given time. FunderPro requires that traders maintain a 10% overall drawdown, meaning the maximum allowed loss at any time should not exceed 10% of the account size.
For instance, if your account is funded with $50,000, you should avoid running into a total loss that would go over $5,000. It's important to note that the 10% overall drawdown must be maintained at all times. Moreover, traders must stay within the 10% overall drawdown limit to qualify for funding.
Their profit target for the first phase is 10% of the account size, meaning that traders must make a profit of at least 10% to qualify for Phase Two. Similarly, the profit target for Phase Two is 8% of the account size.
There is no time limit for the profit target, and traders must maintain their profits to stay in the challenge. Once a trader can hit those targets, they are eligible for funding. Compared to other prop trading firms, FunderPro offers some of the most competitive funding criteria.
To ensure traders are not taking significant trading risks, FunderPro has put in the Consistency Rule. The rule requires that single-day profit should not make up 60% or more of the total profit throughout the challenge. This rule is applied during Phase Two of the challenge, and it helps traders protect their positions against high-risk trades.
This rule is essential because it regulates how much risk a trader can take and ensures that traders stay focused on their trades. It also helps keep the trading process organized and efficient.
The overall funded account evolution process at FunderPro is designed to encourage safe, profitable trading practices. It gives traders the opportunity to improve their skills and earn money while trading. The requirements are simple yet effective, and the customer support team is available 24/7 to answer any queries or concerns.
This is the most prevalent challenge amount within FunderPro. With this challenge, traders need to achieve the profit target of 10% in Phase 1 Evolution and 8% in Phase 2 Verification. There is no time limit for both phases, and traders must maintain a 5% daily drawdown and a 10% overall drawdown throughout.
Once the trader hits the required profit target, they are eligible for funding. The total funding amount equals the challenge amount plus the profit earned. For example, with a $25,000 challenge and a 10% profit target, the total funding amount equals $27,500.
The leverage available for this challenge is 1:100, and the refundable fee is $250. This makes the funded account evolution process easy and cost-effective for all traders. This amount of challenge is ideal for traders who are just starting out and want to build a solid foundation for their trading career.
This is the second challenge amount within FunderPro. To qualify for funding, traders must make a profit of 10% in Phase 1 Evolution and 8% in Phase 2 Verification. On the $50,000 amount, the maximum daily drawdown is $2,500, and the overall drawdown should not exceed 10%.
In addition, the maximum overall drawdown should not exceed 10%, which is $5,000. The leverage available for this challenge is 1:100, and the minimum trading days in phases 1 and 2 are 5.
The refundable fee for this challenge is $300, which makes it an excellent option for intermediate traders who are looking to improve their trading skills further. With the right trading strategies and discipline, traders can turn this amount into significantly more.
The third most popular challenge amount is $100,000. The leverage available for this challenge is 1:100, and the minimum trading days in phases 1 and 2 are 5. The maximum daily drawdown should not exceed $5,000, and the overall drawdown should not exceed 10%.
The refundable fee for this challenge is $550, making it a great option for experienced traders looking to take their trading careers further. This amount account is ideal for traders who want to have a larger amount to work with and have the experience to manage it efficiently.
The fourth challenge amount is $200,000. The profit target for this challenge is 10% in Phase 1 and 8% in Phase 2. The maximum daily drawdown should not exceed $10,000, and the overall drawdown should not exceed 10%, which will be $20,000.
The leverage on this account is 1:100, and the minimum trading days in phases 1 and 2 are 5. The refundable fee for this challenge is $995, which makes it a great option for experienced traders as this account comes with a larger amount to trade.
All these accounts mentioned above come with advanced trading tools, customer support, and the Consistency Rule to ensure that traders are able to make a consistent profit from trading. The funded account evolution process at FunderPro gives traders a chance to take their trading career to the next level and become successful in a safe and secure environment.
Forex trading is among the most popular trading products offered on FunderPro. With this challenge, traders can access major currency pairs like EUR/USD, GBP/USD, USD/JPY, AUD/USD, and more. Along with major currencies, forex traders also have access to minor and exotic currency pairs like EUR/TRY, GBP/CAD, and USD/SGD.
Traders have access to their dashboard, which offers various tools and indicators to help them analyze the market conditions effectively. Traders can also take advantage of advanced trading strategies like scalping, swing trading, hedging, and more. With leverage of 1:100, traders can easily amplify their profits.
Traders can also trade commodities such as gold, silver, oil, and more. With this challenge, traders have access to CFDs of various commodities that are traded on major exchanges such as NYMEX and ICE.
Traders have access to advanced analysis tools to analyze their trading decisions and make effective trades. The leverage offered is 1:100, which gives traders more buying power to trade in commodities.
Commodity trading is ideal for experienced traders as it offers the opportunity to make consistent profits in a volatile market. The consistency rule ensures that traders are able to maintain their risk-reward ratio and make profitable trades.
FunderPro also offers the opportunity to trade stocks. Traders can access CFDs of stocks that are traded on major exchanges such as NASDAQ, NYSE, and AMEX. The leverage on stocks is 1:100, which enables traders to enter bigger positions with less capital.
Some of the popular stocks that are available for trading on FunderPro include Apple, Microsoft, Facebook, Amazon, and more. Traders can take advantage of advanced technical analysis tools to analyze their trading decisions and make efficient trades. Stock trading allows traders to manage their risk effectively and take advantage of market movements.
Metals trading is also available on FunderPro. Traders have access to CFDs of popular metals such as Gold, Silver, and Copper. The leverage offered on metals is 1:100, which gives traders the ability to enter larger positions with less capital.
Metals trading is ideal for experienced traders as it offers great opportunities to take advantage of volatile market conditions and make consistent profits. Traders can use technical analysis tools to analyze their trading decisions and execute profitable trades.
Their trading dashboard also offers various tools to help traders analyze market conditions and make efficient trades.
Traders also have access to major indices such as Dow Jones, S&P 500, and Nasdaq 100. The leverage offered on indices is 1:100, which gives traders more buying power to trade in these markets with less capital.
Indices trading is ideal for traders looking for long-term trading opportunities. Traders can use various analysis tools to study the market and make it profitable. Indices trading on FunderPro is ideal for traders looking to diversify their portfolios and increase their profits.
The overall tradable markets available on FunderPro provide a wide range of trading opportunities for all types of traders. With various features, analysis tools, and leverage options, traders can enhance their trading experience.
The profit-sharing ratio at Funder Pro is 80:20 in favor of the investors. This means that traders can keep 80% of the profits they make, and Funder Pro will retain the remaining 20%. If traders remain consistent with their profitable performance, they can also become eligible for a 50% increase in their account balance every three months, up to the amount of $5 million.
The scalable plan facility is available for traders on their $100k and $200k challenges. The target profit for these challenges is 10% consecutively for three months. Once traders complete the challenge and make a 10% profit for three consecutive months, they can become eligible for a 50% increase in account balance.
Along with offering proprietary trading to traders, the firm also offers white-label solutions to companies planning to launch their own financial trading platforms.
FunderPro's technology solutions cover all aspects of running a successful online trading platform, from legal and technical to growth and marketing. This helps companies save time and money by taking advantage of FunderPro's expertise.
The white-label solution also allows companies to customize the platform with their branding and create a unique trading experience for their customers. They offer:
Companies can personalize their dashboard to provide clients with a personalized experience. They can customize the interface, features, and trading tools according to their own preferences. Furthermore, they will develop both a trader's portal and an admin portal to provide seamless connectivity between their customers and the company.
FunderPro's payment gateway integration provides a secure and efficient way to transact. The integrated system supports multiple currencies and can be used for deposits, withdrawals, and transfers. They integrate both credit card and cryptocurrency payment options to make it easier for companies to accept payments from their customers.
FunderPro also offers custom-built evolution programs for companies looking to scale up their trading. The programs are tailored to the company's needs and objectives, helping them maximize trading experience and achieve their business goals. They offer end-to-end solutions, from creating a unique trading platform to developing strategies that can help traders increase their returns.
FunderPro also offers email integration and creation services to help companies build their customer base. They have a team of experts who can create emails that are optimized for conversions, helping companies engage more customers and grow their business. Clients can boost their reach and grow their customer base with targeted email campaigns.
The firm also ensures robust security with its technology solutions. They use advanced encryption technologies to secure customer data and make sure that their platform is safe. They also have a team of experts who monitor the system 24/7 and take immediate action if any suspicious activity is detected. Companies can stay compliant with the latest security regulations by leveraging FunderPro's technology solutions.
FunderPro also provides marketing and engagement services to help businesses increase their reach. They have a team of professionals who can create content, run campaigns and generate leads that can help companies grow. They also provide services like email automation, analytics, and customer segmentation to enhance their marketing efforts further.
FunderPro also has a full-fledged affiliate portal that helps companies increase their revenues. They offer a range of tools and resources that can help companies create an effective affiliate program. Companies can track their results, manage campaigns and monitor performance all in one place.
The customer support team at FunderPro is available 24/7 to help traders with any queries or issues they may face. The team consists of experienced trade professionals who are always willing to answer questions and provide helpful insights. The in-app support feature allows traders to contact the customer support team directly from their trader's portal.
Additionally, the customer support team is multilingual, ensuring traders from different countries can get their queries answered in their native language. The customer support team at FunderPro always strives to provide the best possible customer service, helping traders make the most out of their trading experience.
During our review, we found that the customer support at FunderPro was top-notch. The team was always ready to help and answered all our queries quickly.
Their blog section covers all details about their prop trading firm, trading strategies, industry news, and much more. You can have all the latest updates about the firm's services and trading activities.
The FAQ section provides traders with comprehensive answers to all their queries. You can find detailed explanations about the firm's services, trading options, and any other queries you may have.
FunderPro is a leading prop trading firm that offers a range of services to help traders maximize their trading experience. They provide multiple evolution solutions to help traders reach their goals. Their dashboard offers a variety of advanced features to help traders develop strategies and optimize their trades. The firm has a team of experts who ensure robust security, as well as customer support, that is available 24/7.
They also provide white-label services and a full-fledged affiliate system to help traders increase their revenues. The blog section offers comprehensive information about the firm's services, as well as other industry news. Their FAQ section provides detailed answers to all queries you may have about FunderPro's services and trading options. Overall, FunderPro is a reliable choice for anyone looking to get started with prop trading.
FunderPro is a prop trading firm offering a range of services to help traders maximize their trading journey. They provide multiple phases of evolution to traders, as well as a range of tools and resources to make the trading experience better.
Yes, FunderPro provides a comprehensive customer support team available 24/7 to help traders with their queries and issues.
No, traders do not need the experience to use FunderPro. They provide multiple phases of evolution, as well as educational resources, to help traders become successful in their trading journey.
Yes, FunderPro offers a range of white-label services to help companies increase their business. They also provide an affiliate system to help companies develop effective affiliate programs.
Getting started with FunderPro is easy. All traders need to do is create an account, pass their 2-step evolution process, and start trading with FunderPro.
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