FunderPro

Founded in 2019, FunderPro is a leading prop trading firm based in Malta. With a strong focus on technology and innovation, they offer unrivaled trading experience to their clients.

The team at FunderPro is highly experienced, dedicated to providing the best possible trading conditions. Their proprietary trading platform offers traders access to various markets, including forex, 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 24/7 live support led by trading experts. Their funded account challenge is designed to help traders improve their skills and reach their trading goals.

With multiple evaluation phases and challenge types, traders can easily track their progress, adjust their strategy, and find the path that best suits them. 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:

Safety information

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, traders can rest assured that their data is safe and secure. Furthermore, the firm complies with KYC (Know Your Customer) regulations. It ensures all clients must provide valid ID documents and other required information before trading.

FunderPro has partnered with top-tier providers to ensure a seamless trading experience for their traders. To offer frictionless trading experience, they use modern technologies to build their trading dashboard, offering the most advanced features.

Innovative dashboard experience

The dashboard developed by FunderPro is intuitive and easy to use. It allows traders to monitor their trading accounts, analyze data, access real-time news, and manage their risk.

The dashboard also includes an integrated chat system, which allows traders to reach out to support in real time.

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 uncapped daily payouts. Traders can keep 80% of their profits and scale up to $5,000,000. Plus, the payouts are processed within 24 hours (the average processing time is 8 hours). You can learn more about FunderPro’s payouts and how they work on their dedicated page.

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 evaluation process.

Funded Account Evaluation

In prop trading, traders don’t need to invest their capital. Instead, they are provided with a funded trading account to manage.

FunderPro makes the evaluation process simple and straightforward. After signing up, traders are required to go through two phases (or just one if they choose the Fast Track challenge). Once traders prove their skills and pass the challenge, they receive a funded account backed by real money to start trading and earn daily profits. Below are the evaluation process requirements:

5% Daily Drawdown

The first requirement of their evaluation process is that traders must maintain a 5% daily drawdown (4% for the Fast Track challenge). 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.

Daily drawdown is calculated on equity, and it resets at 5pm EST.

10% Overall Drawdown

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 (7% for the Fast Track challenge), meaning the maximum allowed loss at any time should not exceed 10% (or 7% for Fast Track) 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.

Finally, both Daily and Overall drawdowns are fixed, not trailing.

Profit Target (10%, 8% and 14%)

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. Fast Track challenges have a single profit target of 14%.

There is no time limit to reach the profit target. Once a trader hits those targets, they are eligible for funding. Compared to other prop trading firms, FunderPro offers some of the most competitive funding criteria.

Consistency Rule

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 45% or more of the total profit throughout the challenge. This rule is applied during all phases 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 evaluation 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.

Different challenge amounts available on FunderPro

Each of the three challenge types available in FunderPro (Regular, Swing, and Fast Track), offer account sizes that range from $25,000 to $200,000.

The leverage available for each challenge depends on the type and all details are available on FunderPro’s website, but leverage goes up to 1:200 ins ome cases.

Once you get funded, your challenge fee will be refunded in full. This makes the funded account evaluation process easy and cost-effective for all traders.

Challenge sizes of $5,000, $10,000 and $25,000 are ideal for traders who are just starting out and want to build a solid foundation for their trading career.

Once you are confident you can pass the funded account challenge, then you can aim at a $50,000, $100,000 or $200,000 account to maximize your payouts.

All accounts mentioned above come with advanced trading tools, customer support, and the Consistency Rule to ensure that you can make a consistent profit from trading.

The funded account evaluation 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.

Available tradable markets

Forex

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 can also use advanced trading strategies like scalping, swing trading, martigale and more. With leverage of up to 1:200, traders can easily amplify their profits.

Commodities

Traders can also trade commodities such as gold, silver, oil, and more. With this challenge, traders have access to various commodities that are traded on major exchanges.

The generous leverage offered in some of FunderPro’s challenges 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 maintain their risk-reward ratio and make profitable trades.

Metals

Metals trading is also available in FunderPro. Traders have access to popular metals such as Gold, Silver, and Copper. The leverage offered on metals is also generous and gives traders the ability to enter larger positions with less capital.

Indices

In FunderPro, traders also have access to major indices such as Dow Jones, S&P 500, and Nasdaq 100. The leverage offered on indices is up to 1:200.

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.

Profit sharing at FunderPro

The profit-sharing ratio at FunderPro is 80:20 in favor of the trader. This means that traders can keep 80% of the profits they make, and FunderPro 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 scaling plan is available for all challenge sizes. To scale a funded account, you need to reach at least 10% profit every month for three months in a row. Once traders complete the challenge and make a 10% profit for three consecutive months, they are eligible for a 50% increase in account balance.

FunderPro technology solutions

Along with offering proprietary trading to traders, the firm also offers white-label solutions to companies planning to launch their own prop trading firm.

FunderPro’s technology solutions cover all aspects of running a successful proprietary trading firm, 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:

Personalized dashboard

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.

Payment gateway integration

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.

Custom-built evaluation programs

FunderPro also offers custom-built evaluation 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.

Email integration and creation

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.

Robust security

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.

Marketing and engagement

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.

Full-fledged affiliate portal

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.

Customer support

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.

Resources

Blogs

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.

FAQ section

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 prop trading firm in a nutshell

FunderPro is a leading prop trading firm that offers a range of services to help traders maximize their trading experience. They provide multiple evaluation 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.

FAQs

What is the FunderPro trading firm?

FunderPro is a prop trading firm offering a range of services to help traders maximize their trading journey. They provide multiple evaluation phases to traders and a range of tools and resources to improve the trading experience.

Do they provide customer support?

Yes, FunderPro provides a comprehensive customer support team available 24/7 to help traders with their queries and issues.

Do traders need the experience to use FunderPro?

No, traders do not need the experience to use FunderPro. They just need to know how to trade. FunderPro provides multiple types of evaluation, as well as educational resources, to help traders become successful in their trading journey.

Does FunderPro offer white-label services?

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.

How to get started with FunderPro?

Getting started with FunderPro is easy. All traders need to do is create an account, pass their evaluation process, and start trading with real capital on FunderPro