Should you trust the Multiverse Funding prop firm?

Multiverse Funding’s Master Trader evaluation challenge gives traders the opportunity to get funding with up to $600,000 through scaling. However, virtual trading is less appealing to clients who need access to real funds.

The lack of MetaTrader 4 is another issue Multiverse Funding clients need to contend with.

In order to understand if the platform is worth a try, it is important to review the fees, trading terms and other features offered by the prop firm.

Pros and cons of Funds for Traders prop firm

Quick rating of Funds for Traders and its features

FPA Score	Not yet rated
Year founded	2024
Headquarters	United Kingdom
Minimum audition fee	$45 (refundable)
Fees on withdrawals	None
Minimum funded amount	$5,000
Maximum funded amount	$200,000
Allowed daily loss	4% (HFT), 5% (2-phase)
Profit target	8% (5% Phase 2)
Maximum trailing drawdown	10% (2-phase), 8% (HFT)
Profit sharing (Payouts)	50% (HFT first withdrawal), 80 to 100% (2-phase)
Trading Platforms	MultiTrader
Available trading markets	Forex, commodities, metals, stocks, crypto

Safety of Multiverse Funding – 0

The prop trading industry is a largely unregulated one. Therefore, the issue of security is often brought into the forefront by traders.

Unfortunately, Multiverse Funding does not offer much to combat the security concerns. The ForexPeaceArmy, or FPA, which is the most reputable review aggregator for forex prop firms and brokerages, has not yet rated Multiverse Funding.

Trustpilot reviews for the firm amount to 2.8 out of 5, based on only 6 reviews.

Such lack of relevant reviews and ratings are worth considering, as it means that there is very little reliable data regarding the security features and legitimacy of Multiverse Funding, which is a major red flag for prospective clients.

Multiverse Funding maximum funding and capital allocation – 3

The amount of funding a prop trading firm offers is incredibly important for traders, as is the progression between accounts with different levels of funding.

Multiverse Funding offers 6 different funding levels, with the ability to scale up accounts up to a maximum of $600,000 in simulated funds.

The smallest funded account gives traders a buying power of $5,000, which is a solid entry-level account.

Without scaling, the maximum amount of funding a trader can access is $200,000, while many competing prop firms offer funding in excess of $500,000 and, in some cases, $1 million.

For this reason, Multiverse Funding gets a low capital allocation score.

Multiverse Funding assets – 3.5

Typically, prop trading firms are focused on FX and CFDs trading, with commodities and indices being popular additions to the list of instruments.

It is worth noting that the official Multiverse Funding website does not list the specific instruments and asset classes traders can buy and sell on the platform.

However, upon further inspection, the prop firm offers currency pairs, CFDs, metals, indices, commodities and crypto, as MultiTrader offers these instruments.

The ambiguity of information is an issue, but the selection of asset classes makes up for this shortcoming for Multiverse Funding.

Multiverse Funding trading rules and limitations – 3.4

The rules and limits enforced by prop firms largely determine what strategies traders can and cannot follow. For this reason, it is a vital aspect of any funded trading program.

When it comes to funded accounts, Multiverse Funding has two packages to offer – the 2-Phase program and the Instant Funding (HFT) program.

We will discuss the terms offered by each program in more detail below:

2-Phase funding program requirements and limits

The 2-Phase evaluation offers the following terms and limits to traders:

• No minimum trading period
• No minimum trading days (Phases 1 and 2), 3 minimum trading days (Master Trader)
• 5% daily loss limit
• 10% maximum overall loss limit
• 8% profit target (Phase 1), 5% profit target (Phase 2)

The terms of the 2-Phase evaluation are comparable to many other funded account packages available at competing proprietary firms, with a 10% maximum loss limit being the most common offering.

Instant Funding (HFT) program requirements and limits

The HFT evaluation program offers the following trading terms to users:

• No minimum trading period
• No minimum trading days (Phase 1), 10 minimum trading days (Master Trader)
• 4% daily loss limit
• 8% maximum overall loss limit
• 8% profit target (Phase 1)

The 10 minimum trading day requirement for the Master Trader phase of the HFT evaluation can constrain traders when it comes to timing their trades.

Overall, the trading terms offered by Multiverse Funding are somewhat stringent, but overall not too dissimilar to many competing firms.

Multiverse Funding fees – 4

Each funded account tier offers some fees that may or may not be refundable. It is worth noting that every account fee charged by Multiverse Funding is fully refundable.

The fees associated with the 2-Phase and HFT evaluations are different, with the 2-Phase gauntlet being more affordable.

2-Phase funding program fees

The refundable fees charged for the 2-Phase evaluation are the following:

• $45 for the $5,000 account
• $95 for the $10,000 account
• $195 for the $25,000 account
• $295 for the $50,000 account
• $495 for the $100,000 account
• $895 for the $200,000 account

The fees are relatively in line with those charged by competing firms. However, no access to a live trading account may dissuade prospective traders from choosing Multiverse Funding.

Instant Funding (HFT) program fees

The HFT program fees are also fully refundable and are the following:

• $95 for the $5,000 account
• $195 for the $10,000 account
• $295 for the $25,000 account
• $395 for the $50,000 account
• $595 for the $100,000 account
• $995 for the $200,000 account

Fees for the HFT program are even higher than the 2-Phase evaluation and may not be geared towards more budget-conscious prop traders.

Multiverse Funding trading platforms – 2

MetaTrader 4 is typically the platform offered by prop trading firms to clients who wish to trade forex, CFDs and commodities.

However, Multiverse Funding offers MultiTrader as its primary trading partner, which means that MT4 is not an option for the clients of the firm.

This is a major downside for Multiverse Funding, as MetaTrader 4 is the most popular trading platform on the market and one most traders are familiar with.

Furthermore, the firm does not have access to a licensed third-party FX broker, due to only offering simulated funded accounts.

Overall, the trading platform offered by Multiverse funding lags behind firms with access to MT4 and licensed broker partners.

Multiverse Funding profit sharing – 3

Profit-sharing is how traders who sign up at a prop firm make their money. Typically, firms will offer a profit split between 80 and 90%, keeping the remaining funds at the firm, which is one of two major revenue sources alongside account fees.

When it comes to profit sharing, Multiverse Funding gives traders 80% of the profits from the 2-Phase evaluation, with the split increasing after every successful withdrawal, up to as much as 100% of the profits.

As for the HFT evaluation, the first withdrawal qualifies for a 50% split, while subsequent successful withdrawals increase the limit to as much as 100%.

Overall, the profit split offered by Multiverse Funding gives traders a sense of progression after every successful month of trading.

Education and trading tools at Multiverse Funding – 1.3

Educational content is essential for someone just starting out with prop trading and Multiverse Funding is seriously lacking in this regard.

The official website does not list any relevant educational content traders can refer to, while its partner trading platform, MasterTrader, also offers very little in terms of beginner-friendly content.

As for trading tools, economic calculators and customizable indicators help out in terms of market analysis. However, this is considered standard among prop trading firms.

For this reason, Multiverse Funding gets a low score in educational materials.

Multiverse Funding customer support – 1.4

Clients who would like to reach out to Multiverse Funding can do so using the official support email, as well as the support inquiry form available on the official website.

The customer support team works from 6 am to 6 pm GMT, 24/5. However, the lack of a support hotline is worth noting.

Overall, the customer support channels provided by Multiverse Funding are decent, but do little in order to stand out from the competition.

FAQ on Multiverse Funding prop firm