FundedSquad – Firm Review
- Top-tier backing for financial futures
- Swift payouts without extended delays
- Scale capital with exceptional performance
- Minimal verification steps after approval
- Customizable pathways for trading success
Company Overview
FundedSquad is a modern proprietary trading firm offering traders the opportunity to access significant capital without risking their own money. Established to bridge the gap between talented traders and the capital they need, FundedSquad provides a comprehensive evaluation process through their challenge programs. Traders who demonstrate consistent profitability and risk management skills can earn funding up to $400,000, with the potential for scaling to even larger accounts. What sets FundedSquad apart is their trader-centric approach, offering competitive profit splits, rapid payouts, and multiple account types to accommodate different trading styles. The firm’s advanced trading infrastructure and dedicated support team make it suitable for both novice traders looking to begin their funded trading journey and experienced professionals seeking larger capital allocations with favorable profit-sharing terms.
Key Features at a Glance
Challenge Fees
- One-time payment – Single fee for lifetime access to the trading challenge
- Discounted packages – Save when purchasing multiple challenges simultaneously
- Reset fee – Affordable option to restart a challenge that wasn’t successful
- No monthly subscriptions – No recurring fees after passing the challenge
Account Types
- Standard Challenge: Two-phase evaluation with balanced trading objectives suitable for most traders
- Professional Challenge: Accelerated funding path with more demanding targets for experienced traders
- Funded Account: Live trading account with real capital after successfully passing the challenge phases
Profit Split Options
- Standard: 80/20 split – Traders keep 80% of profits while FundedSquad retains 20%
- Performance-based scaling: Profit split can increase up to 90/10 based on consistent performance
- Instant payouts: First profit withdrawal available immediately after the first profitable trading day
Account Sizes
- $25,000: Entry-level account with lower challenge fee, ideal for beginners
- $50,000: Mid-tier account balancing affordable entry and significant capital
- $100,000: Professional-level account for experienced traders seeking substantial capital
- $200,000: Advanced account for high-volume traders with proven track records
- $400,000: Premium account offering maximum capital allocation for elite traders
Trading Platforms
- MetaTrader 4: Industry-standard platform with robust charting and analysis tools
- MetaTrader 5: Advanced platform with expanded timeframes and technical indicators
- TradingView: Web-based platform with social trading features and advanced charting
- cTrader: Professional platform known for its depth of market visualization and fast execution
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including US30, S&P 500, NASDAQ, and international markets
- Commodities: Energy products, precious metals, and agricultural products
- Cryptocurrencies: Major digital assets including Bitcoin, Ethereum, and altcoins
- Stocks: Access to US and global equities markets with competitive commissions
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 10 days | 10 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | 30 days | 60 days |
| Profit Target | 12% | 8% |
| Daily Drawdown | 4% | 4% |
| Maximum Drawdown | 8% | 8% |
| Minimum Trading Days | 8 days | 8 days |
Challenge Specifications
- Max Allocation: Up to $400,000 initial capital with potential to scale up to $2,000,000 for consistent performers
- Scaling: 25% account growth after every 10% profit milestone achieved
- Trading Competitions: Monthly contests with additional cash prizes for top-performing traders
- Free Trial: 7-day demo challenge available for new traders to test the platform
- Profit Targets: Reasonable targets ranging from 5-12% depending on the challenge type
- Drawdown Structure:
- Daily: 4-5% maximum loss allowed in a single trading day
- Maximum: 8-10% total account drawdown from initial balance
- Trailing: No trailing drawdown, fixed maximum from starting balance
Trading Rules and Requirements
- No overnight holding of positions on specific high-impact news events
- Stop-loss orders required on all trades
- Maximum leverage limits enforced based on instrument type
- No hedging of positions within the same account
- Minimum 10 trading days required in each phase
- No weekend holding restrictions for most instruments
- No more than 5% risk on any single trade
- No automated trading or EAs allowed during challenge phases
Company Information
- Founded in 2020 by professional traders with institutional experience
- Headquartered in London, with additional offices in New York and Singapore
- Regulated by financial authorities in multiple jurisdictions
- 24/7 customer support via live chat, email, and phone
- Active trader community with over 50,000 members worldwide
- Educational resources including webinars, trading courses, and strategy guides
Payout Methods
- Bank Wire Transfer (3-5 business days)
- PayPal (1-2 business days)
- Wise/TransferWise (1-3 business days)
- Bitcoin and other cryptocurrencies (Same day processing)
- Skrill (1-2 business days)
- Neteller (1-2 business days)
Trading Commissions
- Forex: $5 per standard lot round turn
- Indices: $4 per standard lot round turn
- Commodities: $6 per standard lot round turn
- Cryptocurrencies: 0.1% of trade value
- Stocks: $0.01 per share with $1 minimum
IP Rules
- Only one IP address allowed per account during challenge phases
- VPN usage must be declared and approved in advance
- Multiple traders from the same household must register their relationship
- IP changes allowed when traveling with prior notification
- Automatic IP monitoring system to prevent account sharing
Video Review
FundedSquad Review
Comprehensive review of FundedSquad trading services
Unique Features
Trading Analytics
- Advanced performance metrics dashboard with real-time statistics
- Trade journal integration for improved strategy development
- Risk analysis tools showing exposure by instrument and sector
- Historical performance tracking with detailed visual reports
Trader Support
- One-on-one coaching sessions with professional traders
- Weekly market analysis webinars and trading idea discussions
- Dedicated account managers for funded traders
- Trade psychology resources and mental coaching
Why Choose FundedSquad?
FundedSquad stands out in the competitive proprietary trading firm landscape by offering a truly trader-centric approach. With their focus on providing fair evaluation parameters, generous profit splits, and continuous scaling opportunities, they’ve created an environment where talented traders can thrive.
Key advantages include:
- No time limits on challenge completion, allowing traders to develop at their own pace
- Among the highest profit splits in the industry at 80/20, scaling up to 90/10
- Immediate access to withdrawals after first profitable trading day
- Account scaling up to $2,000,000 for consistent performers
- Multi-platform support catering to different trader preferences
- Comprehensive educational resources for continuous improvement
- Transparent fee structure with no hidden costs or monthly subscriptions
Frequently Asked Questions
How long does it take to get funded?
The time to get funded varies depending on your trading performance. Since FundedSquad’s Standard Challenge has no time limit, you can complete it at your own pace. On average, successful traders complete both phases in 2-6 weeks. The Professional Challenge has specific timeframes (30 days for Phase 1, 60 days for Phase 2), but you can complete it faster if you reach your profit targets while meeting the minimum trading day requirements.
Can I hold positions over the weekend?
Yes, FundedSquad allows weekend position holding for most instruments. However, certain high-impact news events may have overnight holding restrictions. It’s recommended to check the economic calendar and any special announcements from FundedSquad regarding specific events where overnight holding might be prohibited. For cryptocurrencies and certain volatile instruments, additional margin requirements may apply for weekend holding.
What happens if I break a rule?
If you break a trading rule, the consequences depend on the severity and nature of the violation. Minor violations typically result in a warning, while serious violations such as exceeding maximum drawdown limits will lead to account termination. For recoverable violations like momentarily exceeding position size limits, you may be given the opportunity to correct the issue. FundedSquad maintains a three-strike policy for minor violations before account termination.
Can I trade news events?
Yes, you can trade during news events with FundedSquad. However, there are some restrictions to manage risk. During major economic releases and high-impact news events, you may be required to reduce your position sizes or avoid taking new positions 5-10 minutes before the announcement. You can continue trading after the initial volatility has settled. These restrictions are in place to protect both the trader and the firm from extreme market conditions.
How often can I withdraw profits?
FundedSquad offers bi-weekly profit withdrawals. After your first profitable day on a funded account, you can request your first withdrawal. Subsequent withdrawals can be processed every two weeks. The minimum withdrawal amount is $100, and there is no maximum limit—you can withdraw up to 100% of your profit share. Processing times vary by payment method, ranging from same-day for cryptocurrencies to 3-5 business days for bank transfers.
