Nordic Funder – Firm Review
- Fast account setup within hours
- Generous capital scaling for performers
- Immediate withdrawals without waiting periods
- Superior tools for trading success
- Expert guidance throughout your journey
# Nordic Funder Review
Company Overview
Nordic Funder is a modern proprietary trading firm that provides traders with the opportunity to access funded trading accounts after successfully completing a challenge program. Founded with the vision of empowering traders worldwide, Nordic Funder offers a structured path to trade with significant capital without risking personal funds. The company stands out with its transparent evaluation process, competitive profit splits, and trader-friendly conditions.
Nordic Funder provides both Standard and Professional Challenge options, catering to different trader skill levels and risk appetites. Their evaluation model focuses on proving consistent profitability rather than imposing overly restrictive trading rules. With account sizes ranging from $10,000 to $200,000, traders can select the capital level that matches their experience and ambition. The firm offers trading across multiple markets, including forex, indices, commodities, and cryptocurrencies, using popular platforms like MetaTrader 4 and MetaTrader 5.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time payment with no recurring costs, scaled to account size
- Professional Challenge – Higher one-time fee for more flexible trading conditions
- Reset Fee – Affordable option to restart a challenge after failure
- No monthly fees – Only pay the initial challenge fee
Account Types
- Standard Challenge Account: Balanced trading rules with 8% profit target in each phase
- Professional Challenge Account: More relaxed trading conditions with 10% profit target in each phase
- Funded Account: Live trading account with real capital after passing both challenge phases
Profit Split Options
- Standard Split: 80/20 profit split (80% to trader, 20% to Nordic Funder)
- Scaling Plan: Potential to increase profit split to 90/10 after demonstrating consistent performance
- First Payout: Available after first profitable month on funded account
Account Sizes
- $10,000: Entry-level account suitable for beginners
- $25,000: Mid-tier account for traders with some experience
- $50,000: Advanced account for experienced traders
- $100,000: Professional-level account for skilled traders
- $200,000: Maximum account size for elite traders
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform with extensive charting capabilities
- MetaTrader 5 (MT5): Advanced platform with enhanced features and additional timeframes
- Web-based Dashboard: Real-time account monitoring and performance metrics
Financial Markets
- Forex: Major, minor, and exotic currency pairs
- Indices: Global stock market indices including US30, NASDAQ, S&P500
- Commodities: Gold, silver, oil, and other raw materials
- Cryptocurrencies: Bitcoin, Ethereum, and other popular digital assets
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | 30 days | 60 days |
| Profit Target | 8% | 8% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 10 days | 10 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | 45 days | 75 days |
| Profit Target | 10% | 10% |
| Daily Drawdown | 6% | 6% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 8 days | 8 days |
Challenge Specifications
- Max Allocation: Up to $1,000,000 for top-performing traders through the scaling program
- Scaling: Account size doubles after every 10% in profits, starting from the initial funded account
- Trading Competitions: Monthly competitions with additional cash prizes for top-performing traders
- Free Trial: 3-day demo account available to test the platform before committing to a challenge
- Profit Targets: 8% for Standard Challenge, 10% for Professional Challenge in both phases
- Drawdown Structure:
- Daily: 5% in Standard Challenge, 6% in Professional Challenge
- Maximum: 10% in Standard Challenge, 12% in Professional Challenge
- Trailing: Dynamic maximum drawdown based on highest achieved equity
Trading Rules and Requirements
- No automated trading or expert advisors allowed
- No hedging of positions allowed on the same instrument
- Minimum 10 trading days required in each phase
- News trading is permitted but at your own risk
- Weekend holding of positions is allowed with proper risk management
- No trading during major economic data releases (first 10 minutes)
- Maximum leverage of 1:100 for forex pairs, 1:20 for indices and commodities
Company Information
- Company Name: Nordic Funder ApS
- Founded: 2019
- Headquarters: Copenhagen, Denmark
- Support Hours: 24/5 customer service
- Languages Supported: English, Danish, Swedish, Norwegian, Finnish
- Customer Support: Email, live chat, and phone support
Payout Methods
- Bank Transfer (3-5 business days)
- PayPal (1-2 business days)
- Skrill (1 business day)
- Cryptocurrency – Bitcoin, Ethereum (Same day)
- Wise (2-3 business days)
Trading Commissions
- Forex: $7 per standard lot round turn
- Indices: $4 per standard lot round turn
- Commodities: $8 per standard lot round turn
- Cryptocurrencies: 0.05% of trade value
- All commissions are subtracted from trading results during evaluation
IP Rules
- Only one IP address allowed per account
- VPN and proxy server usage strictly prohibited
- Maximum two accounts per household
- IP changes require prior approval from support
- Traveling traders must notify support before trading from a new location
Video Review
Nordic Funder Review
Comprehensive review of Nordic Funder trading services
Unique Features
Trader Support
- One-on-one coaching available for funded traders
- Weekly webinars and educational content
- Discord community for trader networking
- Performance analytics dashboard
Flexible Trading Conditions
- Weekend position holding allowed
- News trading permitted
- Scaling program with up to $1M in capital
- Negotiable profit split increases for consistent performers
Why Choose Nordic Funder?
Nordic Funder stands out in the crowded prop trading industry with its trader-focused approach and transparent business model. The firm offers a pathway to significant trading capital without the typical risks associated with personal investment.
Key advantages include:
- Competitive one-time challenge fees with no monthly subscriptions
- High profit splits starting at 80% for traders
- Generous scaling program to grow account size rapidly
- Realistic trading rules that allow for various trading styles
- Prompt bi-weekly payouts with multiple withdrawal options
- Comprehensive educational resources and trading community
- Nordic-based company with strong values of transparency and integrity
Frequently Asked Questions
How long does it take to get funded?
The time to get funded depends on your trading performance. You need to pass two phases: the Challenge Phase and the Verification Phase. The Challenge Phase lasts 30 days (Standard) or 45 days (Professional), while the Verification Phase lasts 60 days (Standard) or 75 days (Professional). If you reach your profit targets earlier, you can be funded sooner. On average, successful traders get funded within 1-2 months.
Can I hold positions over the weekend?
Yes, Nordic Funder allows holding positions over the weekend. However, you should be aware of potential weekend gaps and manage your risk accordingly. It’s recommended to reduce position sizes before weekends to account for unexpected market volatility when markets reopen.
What happens if I break a rule?
Breaking trading rules typically results in account termination. However, Nordic Funder reviews each case individually. Minor violations may receive warnings, while serious breaches like using automated trading or manipulating the platform will lead to immediate account closure without refund. If you’re unsure about a specific trading activity, it’s best to contact support beforehand.
Can I trade news events?
Yes, news trading is permitted at Nordic Funder. However, you cannot trade during the first 10 minutes of major economic data releases. This restriction is in place to prevent extreme volatility trading that could potentially exploit the system. Outside of these brief windows, you’re free to implement news-based trading strategies.
How often can I withdraw profits?
Nordic Funder offers bi-weekly profit withdrawals. Once you’re on a funded account, you can request withdrawals every two weeks. The minimum withdrawal amount is $100, and profits are calculated at the end of each trading period. Withdrawals are processed within 1-5 business days depending on your chosen payment method.
