FundedSquad Review

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Forex prop firm

FundedSquad rules, prices and payouts, checked on September 27, 2026 against fundedsquad.com.

Market

Forex

Programs

Instant Lite, Instant Pro, Instant Flex, Instant Rapid, 1 Step, 1 Step Pro, 2 Step Fast, 2 Step Squad

Accounts up to

$200K

Platforms

MetaTrader 5, Match Trader, cTrader

No partner code

Visit FundedSquadRead the verdict

FundedSquad sells simulated forex and CFD accounts on MetaTrader 5, Match Trader and cTrader through eight plans: four Instant plans (Lite, Pro, Flex, Rapid) funded on purchase, and four evaluations (1 Step, 1 Step Pro, 2 Step Fast, 2 Step Squad) with a funded stage. Every plan is a one-time fee, from $69 for $2,500 to $2,399 for $200,000. The operator is Devionics Technology FZCO, registered in Dubai Silicon Oasis under licence no. 46706.

This FundedSquad review starts with what separates the plans. The Instant plans trade price against rules: Lite has an 80% split and a trailing 6% drawdown, Pro a 70% split and a fixed 6% floor, Flex 70% and a fixed 5% floor, Rapid daily payouts at 75%. The evaluations have no time limit or consistency rule, with total targets of 8% (1 Step), 10% (1 Step Pro), 12% (2 Step Fast) and 14% (2 Step Squad). A trading day counts toward payouts at 0.5% profit or more.

Highlights and good to know

Highlights

• Instant Rapid pays daily at a 75% split, with a $12.50 minimum payout according to its model article and a first request after one qualifying trading day.
• Instant Lite and Instant Flex share one price list, from $69 for $2,500 to $2,399 for $200,000, and both pay on demand.
• 1 Step (7%), 2 Step Fast (8%) and 2 Step Squad (12%) use static drawdowns and have no time limit or consistency rule.
• 1 Step Pro funded accounts can request a payout every day, up to 2% of the initial balance per day, at an 80% split.
• Evaluation accounts bought from 23 July 2026 carry one free Retry: a new account of the same size, requested through live chat within 14 days of the breach.
• 2 Step Squad accounts of $100,000 or more can scale by 50% every 3 months with at least 10% profit and 2 profitable months out of 3.
• The 2 Step Fast and 2 Step Squad price lists are identical, from $79 for $5,000 to $1,199 for $200,000.

Good to know

• A trading day counts with at least 0.5% profit on the initial balance, so five qualifying days on a $100,000 account means at least $500 of profit on each of five days.
• Payouts below $300 are sent by crypto with a $5 to $12 processing fee; payouts above $300 go through Rise with a $30 fee. Payout details must be registered in the trader's own name.
• Instant Lite, Pro and Flex close positions before the weekend unless the Weekend Holding add-on is bought, Instant Rapid does not allow weekend holding, and 1 Step Pro funded accounts need the add-on too. 1 Step, 2 Step Fast and 2 Step Squad allow weekend holding in both stages.
• All trades must be held for at least 2 minutes. The add-on that removes this rule covers sizes up to $10,000 and is not offered on Instant Flex.
• Fee refunds depend on the plan: the 1 Step, 2 Step Fast and 2 Step Squad articles state a refund after the second approved payout (the fourth on 1 Step Pro). Confirm the current terms for your plan at checkout.
• The countries FAQ names Iran, Syria, Myanmar and North Korea as unavailable; the risk-disclosure page lists further sanction regions and states that the services are not intended for US residents.

FundedSquad programs and prices

Program	Accounts and prices	Profit target	Daily loss limit	Max drawdown
Instant Lite	$2.5K: $69 · $5K: $119 · $10K: $219 · $25K: $479 · $50K: $779 · $100K: $1,299 · $200K: $2,399	None (funded on purchase, no evaluation)	3% of the day's starting balance or equity, whichever is higher (reset 12:00 AM UTC)	6% (trailing, fixed once it reaches the initial balance)
Instant Pro	$2.5K: $109 · $5K: $229 · $10K: $369 · $25K: $749 · $50K: $1,299 · $100K: $2,399	None (funded on purchase, no evaluation)	3% of the day's starting balance or equity, whichever is higher (reset 12:00 AM UTC)	6% (static)
Instant Flex	$2.5K: $69 · $5K: $119 · $10K: $219 · $25K: $479 · $50K: $779 · $100K: $1,299 · $200K: $2,399	None (funded on purchase, no evaluation)	3% of the day's starting balance or equity, whichever is higher (reset 12:00 AM UTC)	5% (static)
Instant Rapid	$2.5K: $99 · $5K: $189 · $7.5K: $259 · $10K: $329 · $12.5K: $409 · $15K: $479 · $20K: $609	None (funded on purchase, no evaluation)	3% of the day's starting balance or equity, whichever is higher (reset 12:00 AM UTC)	5% (trailing, fixed once it reaches the initial balance)
1 Step	$5K: $89 · $10K: $139 · $25K: $289 · $50K: $469 · $100K: $729 · $200K: $1,299	8% (funded stage: none)	3% of the day's starting balance or equity, whichever is higher (reset 12:00 AM UTC)	7% (static)
1 Step Pro	$5K: $129 · $10K: $209 · $25K: $449 · $50K: $749 · $100K: $1,149 · $200K: $2,099	10% (funded stage: none)	3% of the day's starting balance or equity, whichever is higher (reset 12:00 AM UTC)	10% in the challenge, 6% funded (both static)
2 Step Fast	$5K: $79 · $10K: $129 · $25K: $279 · $50K: $399 · $100K: $649 · $200K: $1,199	6% (Phase 1) / 6% (Phase 2); funded stage: none	4% of the day's starting balance or equity, whichever is higher (reset 12:00 AM UTC)	8% (static)
2 Step Squad	$5K: $79 · $10K: $129 · $25K: $279 · $50K: $399 · $100K: $649 · $200K: $1,199	8% (Phase 1) / 6% (Phase 2); funded stage: none	5% of the day's starting balance or equity, whichever is higher (reset 12:00 AM UTC)	12% (static)

Instant Lite rules

Rule	Instant Lite
Drawdown type	trailing (rises with equity, then fixed at the initial balance); 1.5% floating-loss rule closes the account (bought from 31 Aug 2026)
Minimum trading days	5 trading days before a reward request (each at least 0.5% profit, not consecutive)
Consistency rule	None
Contracts / leverage	Forex 1:50; indices, oil, commodities 1:10; crypto 1:2; forex lots per pair 0.1 ($2,500) to 4.0 ($200,000)
Profit split	80% (100% with add-on)
Payout frequency	On demand; $100 minimum

Not clearly published by the firm: activation fee.

Instant Pro rules

Rule	Instant Pro
Drawdown type	static (floor 6% below the initial balance); 1.5% floating-loss rule closes the account (bought from 31 Aug 2026)
Minimum trading days	5 trading days before a reward request (each at least 0.5% profit, not consecutive)
Consistency rule	None
Contracts / leverage	Forex 1:20; gold, indices, metals 1:10; crypto 1:2; forex lots per pair 0.1 ($2,500) to 3.0 ($100,000)
Profit split	70%
Payout frequency	Every 5 days; $100 minimum

Not clearly published by the firm: activation fee.

Instant Flex rules

Rule	Instant Flex
Drawdown type	static (floor at 95% of starting capital); 1% floating-loss rule: first trigger cuts the split to 30%, second closes the account
Minimum trading days	4 trading days before a reward request (each at least 0.5% profit, not consecutive)
Consistency rule	None
Contracts / leverage	Forex 1:50; gold, indices 1:10; crypto 1:20
Profit split	70% (90% with add-on)
Payout frequency	On demand, 4% maximum per payout; $100 minimum

Not clearly published by the firm: activation fee.

Instant Rapid rules

Rule	Instant Rapid
Drawdown type	trailing (rises with equity, then fixed at the initial balance); 1% floating-loss rule closes the account; 15-minute reverse-trade rule
Minimum trading days	1 trading day before a reward request (at least 0.5% profit); trading period listed as 35 days
Consistency rule	None
Contracts / leverage	1:20 on all assets; forex lots per trade 0.1 ($2,500) to 0.8 ($20,000)
Profit split	75%
Payout frequency	Daily; $12.50 minimum

Not clearly published by the firm: activation fee.

1 Step rules

Rule	1 Step
Drawdown type	static (floor 7% below the initial balance); funded stage adds a 1.5% floating-loss rule; no time limit
Minimum trading days	3 trading days (each at least 0.5% profit); first funded reward request also after 3
Consistency rule	None
Contracts / leverage	Forex 1:100; metals, indices, commodities 1:20; crypto 1:2; funded forex lots per pair 0.4 ($5,000) to 8.0 ($200,000)
Profit split	Funded: 80% (100% with add-on)
Payout frequency	Funded: every 14 days (on demand with add-on); $100 minimum

Not clearly published by the firm: activation fee.

1 Step Pro rules

Rule	1 Step Pro
Drawdown type	static (floor 10% then 6% below the initial balance); funded stage adds a 1.5% floating-loss rule; no time limit
Minimum trading days	Challenge: 3 trading days; funded: 1 (each at least 0.5% profit)
Consistency rule	None
Contracts / leverage	Forex 1:30; metals, indices 1:10; commodities 1:20; crypto 1:10
Profit split	Funded: 80% (100% with add-on)
Payout frequency	Funded: daily, capped at 2% of the initial balance per day; $100 minimum

Not clearly published by the firm: activation fee.

2 Step Fast rules

Rule	2 Step Fast
Drawdown type	static (floor 8% below the initial balance); funded stage adds a 1.5% floating-loss rule; no time limit
Minimum trading days	5 trading days per phase (each at least 0.5% profit); first funded reward request also after 5
Consistency rule	None
Contracts / leverage	Forex 1:100; metals, indices, commodities 1:20; crypto 1:2; funded forex lots per pair 0.4 ($5,000) to 8.0 ($200,000)
Profit split	Funded: 80% (100% with add-on)
Payout frequency	Funded: every 14 days (add-ons list on demand and weekly rewards); $100 minimum

Not clearly published by the firm: activation fee.

2 Step Squad rules

Rule	2 Step Squad
Drawdown type	static (floor 12% below the initial balance); funded stage adds a 1.5% floating-loss rule; no time limit
Minimum trading days	5 trading days per phase (each at least 0.5% profit); first funded reward request also after 5
Consistency rule	None
Contracts / leverage	Forex 1:100; metals, indices, commodities 1:20; crypto 1:2; funded forex lots per pair 0.4 ($5,000) to 8.0 ($200,000)
Profit split	Funded: 80% (100% with add-on)
Payout frequency	Funded: every 14 days (add-ons list on demand and weekly rewards); $100 minimum

Not clearly published by the firm: activation fee.

Trading restrictions and platforms

• News trading: Evaluation phases: allowed. Funded 1/2 Step accounts: no new trades within 4 min of news. Instant Lite/Pro: none within 5 min either side. Flex: positions closed 5 min before, unless add-on
• Weekend holding: 1 Step, 2 Step Fast, 2 Step Squad: allowed. 1 Step Pro: funded stage needs the add-on. Instant: positions closed before the weekend (add-on listed for Lite, Pro, Flex; Rapid not allowed)
• EAs and bots: EAs allowed if they follow all trading rules; HFT and gold arbitrage EAs not permitted. VPN and VPS use not allowed. Hedging and martingale are prohibited
• Platforms: MetaTrader 5, Match Trader, cTrader
• Instruments: Forex pairs, Gold and other metals, Indices, Oil and other commodities, Crypto

Four Instant plans, priced against their rules

Instant Lite and Flex share one price list: $69 for $2,500, $219 for $10,000, $1,299 for $100,000 and $2,399 for $200,000. Instant Pro costs more at each size and ends at $100,000, where it is $2,399, or $1,100 above Lite. Rapid covers $2,500 to $20,000 at $99 to $609. At the sizes all four share, $2,500, $5,000 and $10,000, Rapid costs $99, $189 and $329, Pro $109, $229 and $369, and Lite or Flex $69, $119 and $219.

The price buys different rules. Lite offers an 80% split (100% with an add-on) and on-demand payouts, with a 6% drawdown that trails equity and then locks: on $100,000 the floor starts at $94,000 and fixes at $100,000 once equity reaches $106,000. Pro holds the floor at $94,000 and pays 70% every 5 days at 1:20 forex leverage. Flex has a $95,000 static floor on $100,000, a 70% split (90% with an add-on), on-demand payouts of up to 4% each and a first request after 4 trading days.

Rapid is built for speed: a 5% trailing drawdown, 1:20 leverage on every asset, a 75% split and a $12.50 minimum payout according to its model article. On $10,000, one day with at least $50 of profit opens payout requests, the daily loss limit is $300 and the floating-loss limit is $100. A 15-minute reverse-trade rule also applies.

Floating-loss rules sit below the daily limit

Every plan measures its daily loss from the higher of balance or equity at 12:00 AM UTC, and the Instant plans add a smaller floating-loss rule on open positions. On Lite and Pro the combined floating loss may not reach 1.5% of the initial balance: $1,500 on $100,000, against a $3,000 daily limit. For accounts bought from 31 August 2026 (12:00 PM UK time) the first violation closes the account; before that date it cut the split to 40% and a second required a new account.

Flex uses 1%: on $100,000 the first trigger closes the positions and cuts the split to 30%, and the second breaches the account. Rapid also uses 1% and closes the account at the first trigger. The evaluations apply 1.5% to the funded stage, with a 40% split after a first violation and closure after a second.

Other rules cover all models: hedging and martingale are prohibited, three or more open positions on one asset at the same time are not allowed, margin use may not pass 70%, and 21 calendar days without trading, counted from purchase, breach the account. Forex and metals carry a $7 per lot charge.

A $100,000 account on each evaluation

On $100,000 the evaluations cost $649 (2 Step Fast), $649 (2 Step Squad), $729 (1 Step) and $1,149 (1 Step Pro). 1 Step asks for 8% ($8,000) against a static floor of $93,000 and a $3,000 daily limit, with 3 trading days at 0.5% profit. 1 Step Pro asks for 10% ($10,000) with a $90,000 floor, which becomes a 6% floor of $94,000 once funded.

2 Step Fast uses two 6% phases ($12,000 in total), an 8% floor of $92,000 and a $4,000 daily limit. 2 Step Squad asks for 8% then 6% ($14,000 in total) with a 12% floor of $88,000 and a $5,000 daily limit. Both need 5 qualifying trading days per phase.

Forex leverage is 1:100 on 1 Step and both 2 Step plans, and 1:30 on 1 Step Pro. News trading is open during evaluation phases; funded accounts have no new trades within 4 minutes either side of news.

From first request to payout

On the funded stage, 1 Step, 2 Step Fast and 2 Step Squad pay every 14 days at 80% (100% with an add-on), with on-demand or weekly rewards listed as add-ons; the first request follows 3 trading days on 1 Step and 5 on the 2 Step plans. 1 Step Pro funded accounts can request daily after one qualifying day, capped at 2% of the initial balance per day: $2,000 on $100,000, and profit above the cap is removed, not carried forward.

Requests go through the dashboard on weekdays and take 24 to 72 business hours to review; approved payments are sent within 12 hours. Amounts below $300 go by crypto with a $5 to $12 fee, amounts above $300 through Rise with a $30 fee. The minimum is $100, or $12.50 on Instant Rapid according to its model article. Payout details must be in the trader's own name.

KYC runs through Veriff, after the first payout request on Instant plans and before funding on evaluations.

Retry accounts and the quarterly scaling plan

Evaluation accounts bought from 23 July 2026 (12:00 PM UK time) carry one free Retry: after a failed stage, live chat within 14 days of the breach yields a new account of the same size, usually in 24 to 48 hours. It is one credit per account, not per phase, add-ons do not carry over, and Risk Team breaches and inactivity are not covered. Instant accounts bought after 17 September 2026 have no Retry.

The Retry account has its own limits. On a 2 Step plan, Phase 1 has a 2% daily limit, a 5% maximum loss and an 8% target within 30 days; on $100,000 that is a $2,000 daily limit, a $5,000 maximum loss and an $8,000 target. Phase 2 has 2%, 4% and 6%, and the 1 Step plans have a 9% Phase 1 target.

The scaling plan reviews accounts every 3 months and needs at least 10% profit over the period and 2 profitable months out of 3. 2 Step Squad accounts of $100,000 or more gain 50% of the starting balance at each review, so $100,000 becomes $150,000, then $200,000. 2 Step Fast and 1 Step raise the daily limit at 3, 6 and 9 months instead, from 4% to 7% and from 3% to 6%. The article lists only 2 Step Squad, 2 Step Fast and 1 Step.

Verdict

FundedSquad fits a trader who wants to choose a plan by the rule that matters most: daily payouts on Rapid or 1 Step Pro, a fixed floor on Pro, Flex and the evaluations, an 80% split on Lite, or the widest room on 2 Step Squad at a 12% drawdown and a 5% daily limit. It suits someone comfortable with a 0.5% trading-day threshold and payouts by crypto or Rise after KYC. Compare 2 Step Fast and Squad first: their price lists are identical, so the choice is about targets and room, not cost.

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