Quick Funded – Firm Review
- Rapid capital access for traders
- Zero time limits on challenges
- Swift payouts within 24 hours
- Multiple trading platforms fully supported
- Customer service always available
Company Overview
Quick Funded is a modern proprietary trading firm that offers traders the opportunity to access substantial capital without risking their own money. Established to democratize access to institutional-level funding, Quick Funded stands out with its two-phase evaluation process designed to identify disciplined and profitable traders. The company offers both Standard and Professional Challenge options with varying profit targets and trading parameters to accommodate different trading styles and experience levels. With account sizes ranging from $5,000 to $200,000, Quick Funded provides a clear path for traders to scale their accounts and increase their earning potential over time. The firm supports multiple trading platforms and a wide range of financial markets, making it accessible to traders with diverse preferences. Quick Funded’s competitive profit splits (up to 90%) and straightforward rule structure have made it an increasingly popular choice for traders looking to build a career in proprietary trading.
Key Features at a Glance
Challenge Fees
- $5,000 Account – $99 one-time fee for evaluation access
- $10,000 Account – $149 one-time fee with no recurring costs
- $25,000 Account – $249 for evaluation with both Standard and Professional options
- $50,000 Account – $349 with potential for rapid scaling upon success
- $100,000 Account – $499 for traders seeking larger capital allocation
- $200,000 Account – $799 for experienced traders ready for significant funding
Account Types
- Standard Challenge: 8% profit target in each phase with 5% daily and 10% max drawdown limits
- Professional Challenge: 12% profit target with stricter 4% daily and 8% max drawdown limits
- Funded Account: Live trading account after successful completion of both challenge phases
- Scaling Account: Enhanced account size opportunities after consistent performance
Profit Split Options
- 80/20 Split: Standard profit sharing arrangement with 80% to trader, 20% to firm
- 90/10 Split: Enhanced profit sharing available after consistent performance
- Performance-Based Scaling: Increased profit percentages available based on trading consistency
Account Sizes
- $5,000: Entry-level account ideal for beginners with lower capital requirements
- $10,000: Popular starting point for traders with some experience
- $25,000: Mid-tier account with balanced risk-reward profile
- $50,000: Advanced account size for experienced traders
- $100,000: Professional-level account with significant profit potential
- $200,000: Maximum account size for established traders with proven track records
Trading Platforms
- MetaTrader 4: Industry-standard platform with extensive charting capabilities and expert advisors
- MetaTrader 5: Advanced version with additional timeframes, order types, and analytical tools
- TradingView: Web-based platform with social networking features and advanced charting
- cTrader: Modern platform with depth of market visualization and advanced order types
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including S&P 500, NASDAQ, DAX, and more
- Commodities: Energy, metals, and agricultural products including gold, oil, and natural gas
- Cryptocurrencies: Major digital assets including Bitcoin, Ethereum, and other popular altcoins
- Stocks: Select US and international equities with competitive commission structures
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 | 4% | 4% |
| Maximum Drawdown | 8% | 8% |
| Minimum Trading Days | 10 days | 10 days |
Challenge Specifications
- Max Allocation: Up to $200,000 initial funding with potential for scaling to $1,000,000+ for consistent performers
- Scaling: Account size can be doubled after every 3 consecutive profitable months with 10% average monthly return
- Trading Competitions: Monthly leaderboard competitions for funded traders with cash prizes and account size increases
- Free Trial: Demo challenge account available for 7 days to test the platform before committing
- Profit Targets: Standard Challenge requires 8% in Phase 1 and 5% in Phase 2; Professional Challenge requires 12% in Phase 1 and 8% in Phase 2
- Drawdown Structure:
- Daily: 5% for Standard Challenge, 4% for Professional Challenge (calculated from account balance at market open)
- Maximum: 10% for Standard Challenge, 8% for Professional Challenge (calculated from initial account balance)
- Trailing: Implemented after reaching 50% of profit target, locking in gains and protecting profits
Trading Rules and Requirements
- Minimum 10 trading days required in both challenge phases before profit targets can be achieved
- Maximum position size of 5% of account equity for all instruments
- No overnight holding of positions during major news events or economic releases
- Trading allowed during standard market hours only; no weekend trading
- No trading allowed 5 minutes before and after major economic news releases
- No hedging allowed within the same instrument (no simultaneous long and short positions)
- Maximum of 10 open positions at any given time across all markets
- Stop losses recommended but not mandatory; consistent risk management required
Company Information
- Founded in 2021, Quick Funded has expanded to serve traders in over 150 countries
- Headquartered in London with additional offices in Singapore and Dubai
- Regulated by financial authorities in multiple jurisdictions
- Partnership with major liquidity providers for competitive trading conditions
- Customer support available 24/5 via live chat, email, and phone
- Transparent company structure with publicly available leadership team information
Payout Methods
- Wire Transfer (2-3 business days)
- PayPal (24-48 hours)
- Skrill (24-48 hours)
- Neteller (24-48 hours)
- Bitcoin and other major cryptocurrencies (1-24 hours)
- Wise Transfer (1-2 business days)
Trading Commissions
- Forex: $7 per lot round turn (standard 100k units)
- Indices: $5 per standard contract
- Commodities: $6 per standard contract
- Cryptocurrencies: 0.05% of position value
- Stocks: $0.02 per share with $1 minimum
- All commissions are transparent with no hidden fees or markups
IP Rules
- Traders may connect from up to 3 different IP addresses
- VPN usage is allowed but must be registered with support before trading
- Location changes must be notified to support at least 24 hours in advance
- Multiple account access from the same IP requires prior approval
- Suspicious IP behavior may trigger account review and temporary trading restrictions
Video Review
Quick Funded Review
Comprehensive review of Quick Funded trading services
Unique Features
Trader Development
- Weekly educational webinars with professional traders
- Performance analytics dashboard with detailed metrics and improvement suggestions
- One-on-one coaching sessions available for funded traders
- Trading community forum for strategy sharing and discussions
Account Management
- Real-time dashboard with performance metrics and rule compliance indicators
- Mobile app for account monitoring and trading on the go
- Automated risk warnings when approaching drawdown limits
- Rapid scaling program for consistently profitable traders
Why Choose Quick Funded?
Quick Funded stands out in the crowded prop firm landscape by offering a trader-centric approach with flexible challenges, transparent rules, and competitive profit splits. Their focus on long-term trader development rather than just evaluation sets them apart from many competitors.
Key advantages include:
- No time limits on challenges, allowing traders to develop strategies at their own pace
- Competitive one-time challenge fees with no monthly subscriptions
- Up to 90% profit splits, among the highest in the industry
- Rapid scaling program that can increase account size to $1M+ based on performance
- Comprehensive trader support including educational resources and performance analytics
- Multiple challenge options to suit different trading styles and risk tolerances
- Fast payout processing with multiple withdrawal methods
Frequently Asked Questions
How long does it take to get funded?
The funding timeline depends on your trading performance. Since Quick Funded has no time limit on challenges, you can complete them at your own pace. Typically, successful traders complete both phases in 2-6 weeks. Once you meet all requirements, account funding occurs within 24-48 hours after verification phase completion.
Can I hold positions over the weekend?
Yes, you can hold positions over the weekend for most instruments. However, there are restrictions during major economic events and news releases. For cryptocurrency trading, weekend holdings may have adjusted margin requirements due to increased volatility. It’s recommended to manage position sizes carefully when holding over weekends to account for potential gap risks.
What happens if I break a rule?
Rule violations are handled based on severity. Minor violations typically result in warnings, while serious violations like exceeding maximum drawdown limits will result in account termination. Some violations, such as temporarily exceeding position size limits, may result in temporary restrictions rather than full termination. Quick Funded reviews each case individually and provides a clear explanation of any penalties applied.
Can I trade news events?
Trading during scheduled news events is allowed, but with restrictions. Positions cannot be opened 5 minutes before and after major economic releases (such as NFP, FOMC, and central bank rate decisions). For existing positions during news events, it’s recommended to adjust stop losses accordingly to account for increased volatility. Quick Funded provides a calendar of restricted trading periods in your dashboard.
How often can I withdraw profits?
Funded traders can request profit withdrawals twice per month, with the minimum withdrawal amount set at $100. Profit calculations and distribution occur on the 15th and last day of each month. Withdrawal requests must be submitted at least 2 business days before the profit distribution date. There are no fees for withdrawals, though payment processors may charge their own transaction fees.
