FunderPro Review (15% discount code: forexpropreviews)

FunderPro is a proprietary trading firm that is transforming how traders interact with financial markets by creating opportunities to trade with lower risks. Their challenges have been carefully designed to allow traders of all levels of experience a fair opportunity to pass while not limiting their path to achieving success.

Pros

Cons

Who are FunderPro?

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.

Who is the CEO of FunderPro?

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.

Funding Program Options

  • Regular Evaluation
  • Swing Evaluation
  • Fast Track
  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 10%, whereas Phase 2 requires reaching a profit target of 8%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%.
  • No Weekend Holding – Traders are prohibited from holding trades during the weekend, meaning that all trades should be closed before the Friday market close.
  • No News Trading – Trading is not permitted during high-impact news releases.
  • Consistency Rule – Mandates traders to maintain uniformity in various aspects such as position sizes, risk management, losses, gains, and more. This implies that the account results should not exhibit significant variations in their characteristics. The profits earned on your best trading day should not exceed 45% of your total profits. (Only applies to both Evaluation phases)
  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 10%, whereas Phase 2 requires reaching a profit target of 8%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%.
  • No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news.
  • Lot Size Limit – Limitation of lot sizes for specific trading instruments. These are, in most cases, set based on the initial account balance of your trading account. Please refer to the following lot size limitations in the spreadsheet below.
  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 14%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 4% during the evaluation and 5% once funded.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 7% during the evaluation and 10% once funded.
  • No News Trading – Trading is not permitted during high-impact news releases.
  • Consistency Rule – Mandates traders to maintain uniformity in various aspects such as position sizes, risk management, losses, gains, and more. This implies that the account results should not exhibit significant variations in their characteristics. The profits earned on your best trading day should not exceed 45% of your total profits. (Only applies to the Evaluation phase)

Payment Proof

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.

Conclusion

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.