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Funded Firm Forex prop firm review – Too many red flags!

Phase 1 Profit Target

10%

Phase 2 Profit Target

10%

Maximum Daily Loss

5%

Maximum Loss

12%

Min Trading Days

No limit

Profit Split

90%

Visit prop website

Funded Firm

licences

Licences:

N/A

minimum_deposit

Currencies:

USD

maximum_leverage

Trading Platforms:

MT5

spread

Year founded:

2024

bonus

Promo Code:

N/A

clients

Min Account size:

5,000 USD

Funded Firm Forex prop firm review – Too many red flags!

Funded Firm prop firm offers traders Forex funded challenges on diverse account types of 1-step, 2-step, and HFT (High-Frequency Trading). The firm allows traders to get access to advanced trading platform MetaTrader 5 (MT5) and offers funded options from 5k to 200k USD. The HFT account seems very intriguing as it allows traders to launch advanced algorithms that open hundreds of trading positions in milliseconds and it is expensive and requires expertise to develop these algorithms.

In this Funded Firm review, we are going to assess the firm’s most critical features such as safety, rules, funded options, fees, platforms, support, and much more. After reading this review, you will define whether a Funded Firm can be trusted as HFT accounts are typically scams because of the complexity involved in such accounts.

Pros & cons of Funded Firm prop firm

Pros

Diverse account options (1-step, 2-step, HFT)

Offers access to MetaTrader 5

Allows news trading on all account types

Free trial available through demo accounts

Limited educational resources (only a trading blog)

Customer support lacks live chat

Missing instant funded accounts

Cons

Lack of trader reviews on FPA and Trustpilot

No regulated broker partnerships

No scaling plan for gradual account growth

Profit-sharing structure raises concerns (up to 100% split)

Quick rating of Funded Firm and its features

FPA Score Not rated (🚩)
Year founded 2024
Headquarters Birmingham, United Kingdom
Minimum audition fee 59 USD
Fees on withdrawals 0 USD
Minimum funded amount 5,000 USD
Maximum funded amount 200,000 USD
Allowed daily loss 3-5%
Profit target 5-10%
Maximum trailing drawdown 6-12%
Profit sharing (Payouts) Up to 100%(🚩)
Trading Platforms MetaTrader 5 (MT5)
Available trading markets Forex, indices, commodities, cryptos

Safety of Funded Firm – 0

Funded Firm reviews are lacking on both the FPA and Trustpilot platforms. This is a huge red flag as the firm lacks trader reviews which is one of the most important factors when evaluating the safety of a prop firm. When it comes to experience, Funded Firm prop firm was launched in 2024 which makes it very inexperienced in the prop trading industry. This is never a good thing and coupled with the lack of trader reviews, we have a firm with very low safety levels. We were not able to detect if the firm is partnered with any regulated brokers to back its trading. This is also a huge red flag as brokers might be able to mess with the price data and manipulate prices. The firm lacks all the safety features which makes it a very risky prop firm to sign up for.

The firm gets a 0 score in this section, for lacking all the crucial safety features such as experience, trader reviews, and regulated partner brokers.

Funded Firm Funding and maximum capital allocation – 3

Funded Firm funded programs are diverse as the firm offers three different types of funded accounts, 1-step, 2-step, and HFT. The 1-step Funded Firm funding options include 5k, 15k, 25k, 50k, 100k, and 200k USD amounts. All three funded account types come with the same funded options including the HFT or High-Frequency Trading account. The 1-step account requires traders to hit the profit target once while maintaining strong risk control, while the 2-step account requires an additional phase of hitting the profit target. The Funded Firm HFT funded account is the most intriguing one. HFT algorithms require advanced software and hardware and servers must be close to exchanges to make it a viable option. HFT algorithms can open hundreds of trades in milliseconds to capitalize on tiny market movements. Overall, this account seems more like a marketing gimmick rather than a real opportunity to launch and operate HFT advanced algorithmic trading robots. In fact, the firm only allows EAs and algos after the trader contacts the firm and gets permission.

Funded Firm challenges overall, offers a wide range of options from 1-step to HFT which is a positive sign, but the firm lacks instant funded accounts which is a minor downside. The complete lack of safety features makes us advise our readers to stay away from this firm to avoid losing the fees paid for funded challenges.

A Funded Firm scaling plan is not available at the moment, which is also a drawback for traders who are planning to start low and gradually increase their funded account size, meaning traders have to purchase several high-stakes accounts and combine them which is costly.

Overa, a Funded Firm receives a 3 score for lacking 1k and 1 million USD funded options, making it difficult for beginners to start small.

Funded Firm Assets – 3

Funded Firm prop trading is possible by speculating on a number of markets such as Forex, commodities, indices, and cryptocurrencies. There are no other asset types offered such as stocks or futures which is a minor drawback. Generally, Forex prop firms do not offer stocks and futures. The firm does not disclose its spreads and commissions which makes us think it has high spreads for even major pairs.

Overall, the Funded Firm gets a 3 score in this section which is slightly above average for lacking stocks and futures and other asset classes.

Funded Firm Trading rules and limitations – 2

Funded Firm rules are slightly different for each funded account type. The 1-step funded account requires compliance with the 10% profit target, a 3% daily risk limit, and a 6% maximum drawdown rule. Minimum trading days are 5. The Funded Firm 2-step account has an 8% (phase 1) and 5% (phase 2), profit targets, a 5% daily risk limit, and a 10% maximum drawdown rule. News trading is allowed by all three account types. The HFT funded account by the Funded Firm requires a 10% profit target, a 5% daily risk limit, and a 12% maximum drawdown. The HFT account is a 1-step funded account, requiring traders to hit the profit target once. The firm receives a 2 score in this section for offering a 10-12% maximum drawdown and allowing news trading but lacking many other features.

Funded Firm Fees – 2.5

Fees are crucial in prop trading and Funded Firm as a Forex prop firm has one-time fees for all of its funded options. These one-time fees differ for each of the funded accounts and funded options. Below is the comparison list for all accounts and fees.

The 1-step Funded Firm account requires the following fees:

  • Funded amount: 5k USD – One-time fee: 69 USD
  • 15k USD – 135 USD
  • 25k USD – 225 USD
  • 50k USD – 335 USD
  • 100k USD – 549 USD
  • 200k USD – 999

The 2-step Funded Firm funded account type requires the following one-time fees:

  • Funded amount: 5k USD – One-time fee: 59 USD
  • 15k USD – 125 USD
  • 25k USD – 199 USD
  • 50k USD – 299 USD
  • 100k USD – 499 USD
  • 200k USD – 949 USD

The HFT account by the Funded Firm has the following fees:

  • Funded amount: 5k USD – One-time fee: 69 USD
  • 15k USD – 149 USD
  • 25k USD – 229 USD
  • 50k USD – 449 USD
  • 100k USD – 849 USD
  • 200k USD – 1599 USD

As we can see, the 2-step account is the cheapest funded account starting from just 59 bucks and followed by 1-step and HFT from 69 dollars.

Funded Firm free trial is available through the demo account where traders can test the trading conditions of Funded Firm which is very beneficial. Demo accounts from prop firms allow traders to check trading spreads and fees before they purchase the challenge and also check other conditions.

Funded Firm free repeat is not available and traders have to purchase the challenge every time they fail to pass it.

Overall, the Funded Firm receives a 2.5 score in the fees section for offering competitive fees but lacking some crucial features.

Funded Firm Platforms – 5

The funded Firm offers an advanced MetaTrader 5 platform which enables traders to use advanced robots and custom indicators. The firm allows traders to use EAs after they get permission from support. The platform is also available for mobile trading which is flexible and the firm therefore receives a 5 score in this section for allowing full features of MT5.

Funded Firm Profit-Sharing – 2

Funded Firm profit split is up to 100% which is a straight-out red flag. Prop firms should make profits by sharing profits made in trading between traders and the firm. Allowing for 100% withdrawals means the firm can be a scam and only focused on ensuring its traders fail challenges so it can collect one-time fees paid for the challenges. However, the starting point of profit sharing is between 70-100%. Payouts are also only allowed once per month and the firm allows several payment options such as UPI, bank transfers, and cryptocurrency.

Overall, the Funded Firm gets a 2 score in the profit-split section.

Education and trading tools at Funded Firm – 0.8

Funded Firm only offers a trading blog and there are no other educational resources such as webinars, courses, or video guides. In the Funded Firm blog, traders can find around 5 posts about interesting prop trading topics. This blog seems still in a phase of development and can not be used as a replacement for education.

In the end Funded Firm receives a 0.8 score for not offering educational resources except for blogs.

Customer Support at Funded Firm – 2.6

The support by the Funded Firm is provided via email and phone channels. There are no other options for support such as live chat which is a huge drawback for the firm. The offering of phone support is actually a green flag. Both the website and support are only available in the English language which is yet another drawback of the firm.

Overall, the firm receives a 2.6 score for offering a mediocre customer service experience.

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