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
Firm Overview
Quick Funded was founded in February 2024 and is registered in the United Kingdom (Companies House No. 15503879). It is based in London. The firm’s core differentiator is its “Pay After You Pass” model — traders do not pay the challenge fee upfront; they only pay after they have successfully completed the evaluation. If a trader fails, they receive a 20% refund of the challenge fee, reducing the cost of unsuccessful attempts. The evaluation is a single phase: hit an 8% profit target without breaching a 10% maximum drawdown. No time limit is imposed. This makes it one of the simpler evaluation structures in the UK prop firm space.
Challenge Structure
| Feature | Details |
|---|---|
| Steps | 1-Step |
| Profit Target | 8% |
| Maximum Drawdown | 10% |
| Daily Drawdown | Applies (standard) |
| Time Limit | None |
| Minimum Trading Days | Required (check current terms) |
| Account Sizes | $5,000 to $100,000 |
| Profit Split | 80–95% |
| Payout Frequency | Bi-weekly (every 14 days) |
Pay After You Pass Model
Quick Funded claims to be one of the first prop firms to offer a Pay After You Pass model. The mechanics work as follows: traders complete the evaluation using a funded demo account, then only pay the challenge fee after successfully meeting the profit target. If the evaluation is failed, a 20% partial refund is applied. This reduces the financial risk of entry compared to traditional upfront-payment models.
Key Trading Rules
- EAs (Expert Advisors): Not permitted
- Copy trading: Strictly prohibited — each account requires a unique trading strategy
- Merging accounts: Not allowed — accounts cannot be combined
- Group trading: Prohibited
- News trading: Permitted with standard risk management
- Scaling: Available — accounts scale up to $500,000 with consistent performance
Company Information
- Founded: February 2024
- Registered: United Kingdom (Companies House No. 15503879)
- HQ: London, UK
- Trustpilot: ~52 reviews (low sample size — exercise caution)
- Platforms: MetaTrader 4, MetaTrader 5
- Markets: Forex, indices, commodities, crypto (CFDs)
- Payout methods: Multiple (verify current options on website)
- Max funding: $500,000 through scaling program
Account Sizes
Quick Funded offers a range of account sizes to suit traders at different experience levels. Accounts can be scaled up to $2,000,000 for consistently profitable traders:
| Account Size | Challenge Fee (approx.) | Profit Target | Max Drawdown |
|---|---|---|---|
| $5,000 | ~$49 | 8% | 10% |
| $10,000 | ~$89 | 8% | 10% |
| $25,000 | ~$199 | 8% | 10% |
| $50,000 | ~$349 | 8% | 10% |
| $100,000 | ~$549 | 8% | 10% |
| $200,000 | ~$949 | 8% | 10% |
| $500,000 | ~$1,999 | 8% | 10% |
Remember: with the Pay After You Pass model, you do not pay the fee until you have successfully completed the evaluation — making it risk-free to attempt at any account size.
Trading Platforms
Quick Funded supports two industry-standard trading platforms, covering the needs of both manual and algorithmic traders:
- MetaTrader 4 (MT4) — the most widely used forex trading platform globally; supports custom indicators, expert advisors (note: EAs are NOT permitted on Quick Funded accounts), and a broad range of charting tools
- MetaTrader 5 (MT5) — the upgraded successor to MT4, offering additional order types, more built-in timeframes, an integrated economic calendar, and access to a wider range of asset classes
Both platforms are available for desktop (Windows/Mac), web browser, and mobile (iOS/Android), giving traders full flexibility over how and where they access their funded account.
Financial Markets
Quick Funded traders have access to a broad selection of instruments across multiple asset classes:
- Forex — major, minor, and selected exotic currency pairs covering all major global economies
- Indices — major equity indices including US benchmarks (S&P 500, NASDAQ, Dow Jones), European indices (DAX, FTSE 100, CAC 40), and Asian indices
- Commodities — soft and hard commodities including gold, silver, and agricultural products
- Energies — crude oil (WTI and Brent) and natural gas, providing exposure to global energy markets
- Cryptocurrencies — selected crypto CFDs including Bitcoin and Ethereum, subject to platform availability
Challenge Specifications
Quick Funded operates a streamlined 1-step evaluation process. The following table summarises the full specification for the evaluation phase:
| Parameter | Value |
|---|---|
| Challenge Type | 1-Step Evaluation |
| Profit Target | 8% of starting balance |
| Maximum Daily Drawdown | 5% of account balance |
| Maximum Overall Drawdown | 10% of starting balance |
| Minimum Trading Days | None specified |
| Maximum Trading Days | Unlimited |
| Expert Advisors | Not permitted |
| Copy Trading | Not permitted (unique strategy per account required) |
| Weekend Holding | Permitted |
| News Trading | Permitted |
| Payment Timing | Pay only after passing — not before |
Profit Split and Scaling
Quick Funded provides a competitive profit split structure that grows over time for consistent performers:
Standard Profit Split
All traders begin with an 80% profit split on their first withdrawal. This means for every $1,000 of profit generated on the funded account, the trader receives $800. There are no profit targets on the funded account — traders can withdraw any amount of profit whenever they choose.
Scaling to 95%
Traders can scale their profit split up to 95% by demonstrating four consecutive months of profitability on the funded account. The conditions for scaling are: achieve 10% total profit on the initial account balance over four consecutive months, and make at least one withdrawal in each of those four months. Once the scaling threshold is reached, the split increases to 95% and the account size can grow to match performance.
- Starting split: 80%
- Maximum split: 95%
- Scaling condition: 10% profit over 4 consecutive months
- Scaling also required: minimum 4 withdrawals across those months
- Maximum account size via scaling: $2,000,000
- No profit targets on funded account — withdraw whenever you want
Payout Methods
Quick Funded processes withdrawals from funded accounts without mandatory waiting periods. Traders can request payouts at any time once the funded stage is reached:
- Bank transfer — direct wire transfer to the trader’s registered bank account
- Cryptocurrency — selected crypto payment options for faster international transfers
- Payment processors — card-based and e-wallet options available depending on region
Quick Funded does not impose a minimum payout threshold or a fixed withdrawal schedule on funded accounts, which is one of the firm’s notable advantages over competitors who restrict withdrawals to bi-weekly or monthly windows.
Trading Commissions
Quick Funded accounts are operated on MetaTrader 4 and MetaTrader 5 with competitive spread-based pricing. Specific commission and spread details are confirmed at the time of account activation:
- Forex majors — tight spreads on high-volume pairs such as EUR/USD, GBP/USD, and USD/JPY
- Indices — spread-based pricing with no additional per-lot commission on major index CFDs
- Commodities and energies — standard spread pricing; gold (XAU/USD) and oil typically carry slightly wider spreads than forex majors
- Swap rates — overnight financing charges apply for positions held past the daily rollover time; specific rates are shown in the MT4/MT5 platform
Traders should review the spread schedule within their MT4/MT5 account after funding, as commission structures can vary between account tiers and may be adjusted by the firm periodically.
IP Rules
- One strategy per account — each Quick Funded account must trade a unique strategy; copy trading across accounts or from external signal services is prohibited
- No expert advisors — automated trading via EAs or bots is not permitted on Quick Funded accounts
- No account merging — profits and drawdown from multiple accounts cannot be combined or offset
- The trader must be the sole operator of their account — sharing login credentials is prohibited
- No arbitrage strategies — strategies exploiting pricing discrepancies, latency, or data feed delays are not permitted
- Quick Funded reserves the right to review trading patterns and terminate accounts showing signs of prohibited activity
Unique Features
Pay After You Pass
Quick Funded’s defining feature is its Pay After You Pass model. Traders do not pay the challenge fee upfront — instead, the fee is charged only after successfully completing the evaluation and receiving a funded account offer. This removes the financial risk associated with a failed challenge attempt and makes trying the evaluation genuinely risk-free from a cost perspective. It is one of the first firms to adopt this model, and it represents a meaningful shift from the traditional “pay to attempt” structure that has attracted criticism across the industry.
No Funded Account Profit Target
Once funded, Quick Funded imposes no profit target that traders must reach before withdrawing. This is a significant quality-of-life advantage — traders can extract profits as soon as they are generated, rather than being locked into an account until a specific target is achieved. Combined with no mandatory waiting periods between withdrawals, this gives Quick Funded traders unusually high flexibility over their earnings.
Why Choose Quick Funded?
- Pay After You Pass: Unlike most prop firms, Quick Funded only charges the evaluation fee after you successfully complete the challenge — zero upfront cost, zero risk of losing money on a failed attempt.
- Simple 1-Step Challenge: One phase, one profit target — 8% profit target with a 10% maximum drawdown. No second phase, no complex multi-step structure.
- High Profit Split: Funded traders earn 80% of profits from day one, scaling up to 95% as performance improves.
- Flexible Account Sizes: Choose from $5,000 to $100,000 to match your trading style and risk appetite.
- MT4 and MT5 Support: Trade on the industry-standard platforms you already know, with access to forex, indices, commodities, and metals.
- Bi-Weekly Payouts: Profits paid out every 14 days with a straightforward withdrawal process.
- UK Registered: Incorporated at Companies House (No. 15503879), providing legal transparency and verifiable registration.
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