FunderPro – Elite Prop Company Review
- Swift payouts within 24 hours
- Maximize profits with scaling options
- Flexible trading across multiple platforms
- Global markets accessibility for traders
- Competitive fees with bonus offers
Company Overview
FunderPro is a reputable proprietary trading firm that provides traders with funded accounts to access financial markets without risking their own capital. Founded with the mission to empower traders worldwide, FunderPro offers a streamlined two-phase evaluation process designed to identify disciplined and profitable traders. Their challenge programs feature competitive profit targets, reasonable drawdown limits, and attractive profit splits once funded. What sets FunderPro apart is their trader-centric approach with transparent rules, responsive customer support, and educational resources to help traders succeed. They offer various account sizes ranging from $10,000 to $200,000, accommodating both novice traders looking to start their journey and experienced professionals seeking substantial capital. With their focus on modern trading platforms and access to multiple financial markets, FunderPro has established itself as a notable player in the prop trading industry.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time payment starting from $49 for $10K account to $499 for $200K account
- Professional Challenge – One-time payment starting from $99 for $10K account to $699 for $200K account
- Express Evaluation – Higher fee option with immediate funding upon purchase (no evaluation required)
- Discount for Repeat Customers – Returning traders enjoy reduced fees on subsequent challenges
Account Types
- Standard Challenge: Two-phase evaluation with 8% profit target in Phase 1 and 5% in Phase 2, suitable for consistent traders
- Professional Challenge: Accelerated evaluation with 12% profit target in Phase 1 and 8% in Phase 2, designed for experienced traders
- Express Account: Immediate funding with no evaluation phase, ideal for proven traders who want to skip the challenge process
- Demo Account: Free trial option to test the platform before committing to a paid challenge
Profit Split Options
- Standard Split: 80/20 – Traders receive 80% of profits while FunderPro retains 20%
- Scaling Plan: Initial 70/30 split with increases to 90/10 as traders demonstrate consistent performance
- Express Split: 70/30 – Slightly lower initial split for immediate funding without evaluation
- Loyalty Bonus: Additional 5% after 6 months of consistent profitable trading
Account Sizes
- $10,000: Entry-level account with affordable challenge fee, ideal for beginners
- $25,000: Mid-tier account balancing cost and capital allocation
- $50,000: Popular choice offering substantial capital with reasonable challenge fee
- $100,000: Professional-level account for experienced traders
- $200,000: Maximum allocation for elite traders with proven track records
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform with robust charting and analysis tools
- MetaTrader 5 (MT5): Advanced version with additional timeframes and enhanced features
- TradingView: Web-based platform with social trading features and advanced charting
- Mobile Trading: Dedicated apps for iOS and Android devices for trading on the go
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including S&P 500, NASDAQ, FTSE, DAX, and more
- Commodities: Energy, precious metals, and agricultural commodities
- Crypto: Major cryptocurrencies including Bitcoin, Ethereum, and altcoins
- Stocks: Selection of US and international equities
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 | No time limit | No time limit |
| Profit Target | 12% | 8% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 10 days | 10 days |
Challenge Specifications
- Max Allocation: Up to $200,000 initial account size with potential to scale up to $1,000,000 for consistently profitable traders
- Scaling: 25% account growth after every 3 consecutive profitable months, reaching up to 5x the initial allocation
- Trading Competitions: Monthly competitions with cash prizes and account size boosts for top performers
- Free Trial: 7-day demo period available to test the platform, dashboard, and trading conditions
- Profit Targets: Standard (8% Phase 1, 5% Phase 2) and Professional (12% Phase 1, 8% Phase 2)
- Drawdown Structure:
- Daily: 5% maximum loss allowed within a single trading day
- Maximum: 10% overall account drawdown from starting balance
- Trailing: Not implemented – fixed drawdown calculated from initial balance
Trading Rules and Requirements
- No overnight holding of positions on specific high-impact news days (NFP, FOMC)
- Maximum position size of 5% of account equity per trade
- No hedging or arbitrage strategies permitted
- No use of expert advisors or automated trading systems during the challenge phases
- Minimum of 10 trading days required in both evaluation phases
- Maximum of 20 open positions simultaneously
- Weekend holding of positions allowed (except before major news events)
- Stop-loss orders recommended but not mandatory
Company Information
- Founded in 2019 by a team of professional traders and financial technology experts
- Headquartered in London with additional offices in Singapore and Dubai
- Regulated by financial authorities in multiple jurisdictions
- 24/7 customer support via live chat, email, and phone
- Active trader community with over 25,000 members worldwide
- Educational resources including webinars, trading courses, and market analysis
Payout Methods
- Bank Wire Transfer (3-5 business days)
- Bitcoin/Cryptocurrency (24-48 hours)
- PayPal (24-48 hours)
- Skrill (24-48 hours)
- Neteller (24-48 hours)
- Minimum withdrawal amount: $100
- Profit payments processed bi-weekly (every 2 weeks)
Trading Commissions
- Forex: $5 per standard lot (round trip)
- Indices: $0.50-$1.50 per contract (varies by index)
- Commodities: $1.00-$2.50 per contract (varies by commodity)
- Cryptocurrencies: 0.1% of position size
- Stocks: $0.01 per share with $1 minimum
- No hidden fees or additional charges
IP Rules
- Maximum of 2 IP addresses allowed per trader account
- Traders must notify support before trading from a new location
- VPN usage generally prohibited but may be permitted with prior approval
- IP address changes during active trades may trigger security checks
- Geographic restrictions apply – service not available in certain countries
Video Review
FunderPro – Elite Prop Company Review
FunderPro – Elite Prop Company Review
Unique Features
Trading Conditions
- No time limits on challenge completion – trade at your own pace
- Aggressive scaling plan with up to 5x account growth potential
- Weekend holding allowed (with some restrictions)
- Raw spread pricing with transparent commission structure
Trader Support
- Dedicated account manager for funded traders
- Weekly market analysis and trading ideas
- Trading community with forums and discussion groups
- Performance analytics dashboard with advanced metrics
Educational Resources
- Free trading courses for challenge participants
- Weekly educational webinars and strategy sessions
- One-on-one coaching available for funded traders
- Trade review service to help improve performance
Why Choose FunderPro?
FunderPro stands out in the competitive prop trading industry by offering a balanced combination of trader-friendly conditions, transparent rules, and scaling opportunities. Their approach focuses on finding genuinely skilled traders rather than creating unnecessarily complex hurdles.
Key advantages include:
- No time limits on challenges, allowing traders to prove their skills without rushing
- Competitive profit splits starting at 80/20 with scaling options up to 90/10
- Reasonable drawdown limits that protect capital while allowing trading flexibility
- Fast bi-weekly payouts with multiple withdrawal options
- Comprehensive educational resources to help traders improve their skills
- Transparent fee structure with no hidden costs or unexpected charges
- Account scaling opportunities up to $1 million for consistent performers
- Professional-grade trading conditions with raw spreads and low commissions
Frequently Asked Questions
How long does it take to get funded?
The time to achieve funding depends entirely on your trading performance. Since FunderPro places no time limits on the challenge phases, you can complete them at your own pace. Typically, successful traders complete both phases within 1-2 months, but some experienced traders have achieved funding in as little as two weeks by meeting the profit targets while respecting the trading rules.
Can I hold positions over the weekend?
Yes, FunderPro allows weekend position holding for most instruments. However, there are restrictions on holding positions over weekends preceding major economic events like Non-Farm Payroll (NFP) and Federal Open Market Committee (FOMC) announcements. It’s always recommended to check the economic calendar and company announcements for any temporary restrictions.
What happens if I break a rule?
Rule violations are handled case by case. Minor infractions typically result in warnings, while serious violations (such as exceeding maximum position sizes or breaching drawdown limits) may lead to account termination. FunderPro has a three-strike policy for most rules, allowing some flexibility for unintentional mistakes. If you’re unsure about a specific rule, it’s best to contact support before taking action.
Can I trade news events?
Yes, trading during news events is generally allowed. However, FunderPro advises caution when trading around high-impact news due to potential slippage and volatility. Certain major events like NFP and FOMC have specific restrictions on overnight position holding. The platform provides an economic calendar to help traders stay informed about upcoming news events and any associated trading restrictions.
How often can I withdraw profits?
Profit withdrawals for funded traders are processed on a bi-weekly basis. You can request withdrawals every two weeks with a minimum withdrawal amount of $100. Once requested, payouts are typically processed within 1-3 business days, with the exact timing depending on your chosen payment method. Cryptocurrency withdrawals are usually the fastest (24-48 hours), while bank transfers may take 3-5 business days.
