Funder Pro Review with Rankings 2024 By Dumb Little Man

By John V

March 19, 2024   •   Fact checked by Dumb Little Man

Overall Rating

Overall Ranking

Trading Terminals

2.5


46th

Evaluation Criteria
Dumb Little Man's trading and financial experts carefully evaluate proprietary trading companies based on strict standards and a detailed methodology. Their analysis highlights important elements, such as:

  • Prompt client support
  • Quick access to money
  • Robust financial stability
  • Safeguarding private data Dedicated to fair business practices
  • Reachable trading objectives
  • Equitable allocation of earnings

They found that Funder Pro performed exceptionally well in these crucial areas. Funder Pro is a prominent player in the proprietary trading space thanks to its extensive knowledge of the brokerage industry and unwavering support for its traders.

The proprietary trading firm industry, also called “prop firms” enables individuals to trade the firm’s capital rather than their own. These companies provide traders with a special chance to profit financially without worrying about losing their own money. In this cutthroat industry, Funder Pro distinguishes itself by eliminating irrational demands and distinguished itself by offering the industry’s first no-time-limit challenge.

Using information from Dumb Little Man’s trading experts as well as user reviews, this article reviews Funder Pro. The goal is to provide readers with a thorough knowledge of everything Funder Pro has to offer. This evaluation will provide insightful viewpoints on the prop trading firm’s distinct approach to problems and overall service quality through expert analysis and user experiences.

What is Funder Pro?

Funder Pro is a private trading firm that seeks to enable traders by providing them with access to a world without traditional challenges to succeed. It does away with unrealistic expectations and presents a time-limited, industry-first assignment that offers specially designed challenges to accommodate traders of all experience levels.

The company’s daily payout policy, which enables traders to request a reward whenever their funded account generates a profit of at least $100 without further restrictions, is one of its distinctive selling factors. Funder Pro prioritizes trading independence by letting consumers utilize any strategy they like, without any time restrictions.

Funder Pro was created to support traders’ growth and retention in addition to trading. The company offers contests, challenge resets, and exclusive bonuses to boost traders’ chances of success. Regularly profitable traders will be able to handle up to $200k in money, develop their accounts up to $5,000,000, and get a 90% profit share.

Technology is fundamental to Funder Pro’s operations because it facilitates easy, efficient, and performance-driven trading. Furthermore, the company offers a referral program that makes it profitable for traders to recommend Funder Pro and offers comprehensive creative support to help achieve successful conversions.

Funder Pro distinguishes itself as the first Prop Firm to offer traders Real Capital accounts upon financing, a unique offering. This method ensures that traders can access live trading accounts using business funds and benefit from faster processing times without dealing desk interference or requotes when combined with an STP model.

Funder Pro is steadfast in its commitment to offering excellent support for traders in the financial markets. By ensuring that traders always have the support they need, it builds its reputation as a business that truly works with traders to profit from their success.

Pros and Cons of Funder Pro

Pros

  • Manage High Capital: Up to $200,000.
  • Generous Profit Splits: Keep up to 90% of profits.
  • Weekly Payouts
  • No Trading Time Limits
  • Diverse Trading Instruments
  • High Leverage: Up to 1:100.
  • Educational Resources
  • Account Scaling: Increase balance up to $5 million.
  • Refundable Fee
  • Live Capital

Cons

  • Challenging Evaluation
  • New Company: Established in 2023.
  • No Credit Card Deposits

Safety and Security of Funder Pro

Dumb Little Man conducted an extensive study and found that Funder Pro’s distinct business strategy causes it to operate outside of the traditional regulatory framework. The company is not subject to the same regulatory scrutiny as organizations that operate as commercial banks or provide brokerage services because it does not provide brokerage services and instead uses its own cash for trading activities. This data demonstrates the company’s own proprietary trading strategy.

Funder Pro’s staff of skilled funded traders supports the platform’s security and safety. These traders assist the company in its endeavors, guaranteeing seamless and effective functioning. Proprietary trading is governed by rules, particularly in large financial institutions; nevertheless, Funder Pro’s business model enables it to focus on enabling traders without the extra-legal burdens that afflict brokerage firms and commercial banks.

Funder Pro Bonuses and Contests

Funder Pro currently does not offer bonuses to its traders. However, it’s important for traders to stay informed about any potential changes to this policy. The dynamic nature of the trading industry means that Funder Pro could update its offerings to include bonuses in the future.

Traders are encouraged to keep an eye on announcements from Funder Pro. Staying updated ensures that traders won’t miss out on any new opportunities for bonuses or contests that the firm might introduce. This proactive approach will help traders take full advantage of all the benefits Funder Pro has to offer.

Funder Pro Customer Reviews

With a 4.3-star rating on Trustpilot, Funder Pro has drawn notice for its distinctive strategy in the proprietary trading industry. Some would still consider the ranking to be below optimal. Customers have lauded the company for its outstanding service, price, and leverage, emphasizing Funder Pro’s commitment to their traders’ success through the issuing of actual funding in live accounts. Professionalism and consideration have been observed in the one-on-one conversations with founder Owen Morton as well as in the tailored help provided by team members like Davey and Sky.

Not everyone has had a perfect experience, though. Problems like login difficulties that arose as the trial and challenge stages switched over were promptly resolved, demonstrating Funder Pro’s attentive customer service. However, a few traders have experienced technological difficulties that have left them frustrated and unsatisfied.

Funder Pro Commissions and Fees

A competitive commission and charge structure designed to suit different kinds of traders is provided by Funder Pro. The company’s three account types—Regular | 2-Phase, Fast Track | 1-Phase, and Swing | 2-Phase—are each allocated a 90/10 profit. Funder Pro’s dedication to traders’ success is demonstrated by this arrangement, which guarantees traders maintain the majority of their gains.

Traders who wish to join Funder Pro must pay refundable admission fees, which range from $249 to $989. In addition to reflecting the value and resources Funder Pro offers to its traders, this fee structure is intended to be easily understood.

With a model like this, Funder Pro appeals to traders who want to optimize their earning potential without incurring exorbitant prices because it strikes a compromise between affordability and the assurance of excellent trading support and chances.

Funder Pro Account Types

Funder Pro offers a range of account types designed to suit different trading styles and levels of experience. The Fast Track (1-Phase) and Regular (2-Phase) accounts cater to those seeking straightforward access to funding with a focus on proving their trading skills in either a single or two-step evaluation process. The Swing (2-Phase) account, on the other hand, is tailored for traders who prefer a more flexible approach, allowing traders positions to be held over weekends and news events.

Here is the breakdown of each account type:

Fast Track (1-Phase)

  • Account Sizes: $25,000 to $200,000
  • Profit Target: 12%
  • Challenge Duration: Unlimited
  • Minimum Trading Days: 5
  • Max Daily Drawdown: 4% (Evaluation), 5% (Funded)
  • Max Overall Drawdown: 7% (Evaluation), 10% (Funded)
  • Challenge Leverage: Up to 1:50, 1:100 with add-on
  • Consistency Rule: Yes – 60% (Evaluation), No (Funded)
  • Hold Over Weekend & News: With add-on
  • News Trading: No
  • Price (Refundable Fee): Starts at $249
  • Add-ons: 90/10 Split, Higher Leverage, News Holding

Regular (2-Phase)

  • Account Sizes: $25,000 to $200,000
  • Profit Target: 10% (Phase 1), 8% (Phase 2)
  • Challenge Duration: Unlimited
  • Minimum Trading Days: 5 in each phase
  • Max Daily Drawdown: 5% across both phases
  • Max Overall Drawdown: 10% across both phases
  • Challenge Leverage: Up to 1:200*
  • Consistency Rule: No (Phase 1), Yes (Phase 2), No (Funded)
  • Hold Over Weekend & News: No
  • News Trading: No
  • Price (Refundable Fee): Starts at $249
  • Add-ons: 90/10 Profit Split

Swing (2-Phase)

  • Account Sizes: $25,000 to $200,000
  • Profit Target: 10% (Phase 1), 8% (Phase 2)
  • Challenge Duration: Unlimited
  • Minimum Trading Days: 1 in each phase
  • Max Daily Drawdown: 5% across both phases
  • Max Overall Drawdown: 10% across both phases
  • Challenge Leverage: Up to 1:30
  • Consistency Rule: No
  • Hold Over Weekend & News: Yes
  • News Trading: No
  • Price (Refundable Fee): Starts at $269
  • Add-ons: 90/10 Profit Split

Opening a Funder Pro Account

The simple procedure of opening a Funder Pro account is intended to help traders get up and running as soon as possible. Individuals can quickly obtain access to a variety of trading challenges that are catered to their trading interests and ability level by following an easy, step-by-step process.

  1. Click “Sign Up” located in the upper right corner of the Funder Pro website.
  2. Enter your email and click “Sign Up” again to proceed.
  3. Verify your email by checking your inbox and clicking on the verification link.
  4. Click “Complete Sign Up” after your email is verified.
  5. Enter your name on the redirected page.
  6. Create a strong password for your account.
  7. Select a challenge or opt for a free trial, choosing your desired challenge type and amount.
  8. Review your order, add your country, and apply a coupon code if available, then choose a payment method and complete the secure payment process. Await an email confirmation to start your trading journey.

Funder Pro Customer Support

The customer service system at Funder Pro is built to quickly and effectively handle any size of inquiry. No query is too simple or complicated, according to the company, and those in need of help are invited to submit their inquiries using a special form. After this procedure, a support agent from Funder Pro pledges to reply promptly to make sure traders get the assistance they require without needless delays. This data is derived from Dumb Little Man’s interactions with their customer service.

Additionally, Funder Pro offers precise contact information, which includes their registered and operational addresses in Malta. Transparency and several ways to get in touch are provided by the separation of the functioning address in St. Julians from the registration location in Ta’ Xbiex. This kind of availability highlights Funder Pro’s commitment to keeping lines of contact open with its customers, which is important for traders in need of assistance or information.

Advantages and Disadvantages of Funder Pro Customer Support

AdvantagesDisadvantages
Prompt responses

Accessibility of contact information

Dedicated form for queries

Transparent communication channels

Personalized assistance from support agents

Limited direct contact options

Potential for delays during high inquiry volumes

Form submission may not suit all users' preferences

Funder Pro Withdrawal Options

Funder Pro emphasizes daily rewards for profits made and provides traders with numerous withdrawal methods to obtain their profits. A trader can request dividends each day if their balance reaches $100 in earnings, according to a Dumb Little Man trading expert who tested the system. The method is designed to be quick; dealers may receive their money quickly because payments are typically processed within eight hours.

The condition that profits exceed $100 to be eligible for payouts highlights the real-market trading environment seen in Funder Pro’s STP (Straight Through Processing) accounts. This criteria is based on the equity gain from the previous payout.

The primary method is to withdraw gains straight to the trader’s wallet using USDT ERC20. This technique ensures that reimbursements are swift—typically executed in less than eight hours—and safe—requiring fully authenticated accounts without going against the limits on Funded Accounts. Traders can easily update payment information at any time from their Dashboard, and they can even opt to receive confirmation emails for added security.

Meanwhile, traders who would rather use cash or other cryptocurrencies will discover that Rise onboarding and withdrawals are currently prohibited because of potential contract inconsistencies. In the past, Funder Pro and Rise had collaborated to provide fiat payments to nearby bank accounts and a variety of cryptocurrencies, with plans to keep up these services while legal issues were handled.

This situation highlights Funder Pro’s commitment to compliance and transparency, with minor conversion fees for non-major currencies and free withdrawals in USD, EUR, and GBP through Rise, ensuring a comprehensive and trader-friendly withdrawal process.

Funder Pro Challenges and Difficulties

The Consistency Rule at Funder Pro ensures traders’ profits are steady and sustainable, focusing on risk management by limiting the best trading day’s profits to no more than 60% of the total. Applicable during the Regular Challenge’s Verification phase and the Fast Track Challenge, this rule encourages a disciplined, emotion-free trading strategy. Funder Pro’s goal is to develop a community of traders who are both prudent in risk-taking and consistent in profitability.

Adhering to the Consistency Rule requires a strategic approach, particularly critical during challenge phases. For instance, traders on a $25,000 account with an 8% profit targets must ensure their highest daily profit doesn’t surpass the 60% threshold. This promotes a balanced trading strategy, crucial for passing Funder Pro’s challenges and fostering long-term, sustainable trading habits.

How to Pass the Funder Pro Evaluation Process

Navigating Funder Pro’s review process can be challenging due to its strict standards. Possessing the appropriate knowledge and strategies at your disposal will increase your chances of success. Enrolling in a comprehensive training program can equip you with the skills and tactics needed to meet Funder Pro’s requirements, enhancing your trading performance and appropriately preparing you for the evaluation. This approach prepares you for the special difficulties that Funder Pro presents while also assisting in your general trading development.

Asia Forex Mentor – Rated Best Comprehensive Course Offering by Investopedia

Asia Forex Mentor is recognized as the premier platform for traders aiming to succeed in the Funder Pro evaluation process. Endorsed by trading experts at Dumb Little Man for those serious about taking on Funder Pro’s challenge, Asia Forex Mentor has successfully guided thousands of traders through proprietary firm evaluations. Founded by Ezekiel Chew, a forex trading guru who consistently secures six-figure trades and brings over two decades of experience to the table, Asia Forex Mentor stands out in the crowded field of trading education.

Ezekiel Chew’s creation, the Asia Forex Mentor, and his signature One Core Program, are direct responses to the demand for his trading insights and strategies. Starting from humble beginnings with requests from close friends, Chew has expanded his teachings online, transforming Asia Forex Mentor into a go-to resource for traders worldwide. His expertise not only equips traders with the skills to profit from forex trading but also prepares them comprehensively for the rigorous demands of the Funder Pro evaluation, embodying a blend of knowledge, strategy, and practical experience in traders’ trading career.

How Could Asia Forex Mentor Help You Pass Funder Pro Challenge?

Forex Trading Tutorial
Photo: asiaforexmentor.com

Asia Forex Mentor’s One Core Program is well-positioned to assist traders in passing the Funder Pro Challenge because of its established reputation in the forex education sector:

The One Core Program is recognized for covering a broad range of forex trading topics and is an unrivaled source for in-depth instruction. It was awarded the Best Comprehensive Course Offering award by Investopedia.

The curriculum was dubbed the Best Forex Trading Course for Beginners by Benzinga, and it is suitable for both novice and experienced traders. It ensures a solid starting point and an advanced learning curve for forex trading.

The program was recognized as the Best Forex Mentor by BestOnlineForexBroker in 2021, a testament to its effectiveness in helping traders achieve significant profits from their forex trading.

Based on reviews from well-known forex traders and review sites, the Asia Forex Mentor is the greatest choice for forex trading courses because of its excellent trading strategies and approach.

These accolades serve as proof of the Asia Forex Mentor’s capacity to give traders the know-how, strategies, and confidence they need to successfully complete the Funder Pro Challenge.

Asia Forex Mentor Members’ Testimonials

For their success in proprietary firm evaluations, members of Asia Forex Mentor have continuously commended Ezekiel Chew, the originator of the One Core Program, and the program itself. Testimonials attest to the shift in forex trading from loss to profit, attributing this to the thorough and hands-on training obtained. The course is praised for covering a wide range of topics, including technical analysis, trading execution, and chart setups.

Particularly noteworthy are Ezekiel’s commitment and his approachable teaching style; the training exceeded all expectations. Students report notable gains in their trading, directly attributing their increased confidence and success to the breadth of information and useful insights provided by the One Core Program. For those who are serious about learning how to trade forex, this course is acknowledged as an exceptional option.

>> Also Read: Asia Forex Mentor Review By Dumb Little Man

Conclusion: Funder Pro Review

Among proprietary trading firms, Funder Pro is unique in that it gives traders the opportunity to manage up to $200,000 with an 80% profit share. Weekly payouts, a wide range of trading instruments, high leverage up to 1:100, and no trading time limits make it stand out and attract traders who want to see rapid progress. The platform’s appeal is increased by supporting account scaling and educational advancement. Traders should take into account Funder Pro’s stringent two-phase evaluation process, as well as the fact that it was founded in 2023 and does not currently accept credit card deposits.

For those looking to navigate Funder Pro’s challenges successfully, enrolling in courses like Asia Forex Mentor could markedly increase their chances of passing the evaluation. The Dumb Little Man trading experts recommend such comprehensive training programs to equip traders with the necessary skills and insights, ensuring they’re well-prepared for what Funder Pro requires.

>> Also Read: SmartProp Trader Review with Rankings 2024 By Dumb Little Man

Funder Pro Review FAQs

What are the minimum trading days required for Funder Pro’s challenges?

Funder Pro’s evaluation process stipulates a requirement of at least 5 minimum trading days across its various challenges. This requirement is designed to give traders sufficient opportunity to showcase their trading skills effectively within the platform’s framework. It also ensures that participants have enough time to adapt to and comply with the specific trading rules and strategies encouraged by Funder Pro.

Can I trade with any strategy on Funder Pro?

Yes, Funder Pro prop trading firm gives traders the freedom to employ any trading technique that fits their preferences, provided that it complies with the trading guidelines and risk management procedures of the company. With this strategy, traders may make the most of their distinct trading abilities and insights. To make sure their tactics are legal and efficient within the constraints of the platform, traders must, nevertheless, become familiar with Funder Pro’s rules.

How often can I request payouts from Funder Pro?

If a trader’s trading account shows a profit above the minimal level set by the platform, they can conveniently request dividends every week from Funder Pro. As part of its dedication to provide traders with versatile and user-friendly withdrawal alternatives, Funder Pro has implemented a payment system that enables users to quickly access their profits. It serves as a motivator for traders to continue achieving consistent results by skillfully utilizing their trading abilities within the bounds of the trading regulations.

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John V

John is a digital marketing master's student who enjoys writing articles on business, finance, health, and relationships in his free time. His diverse interests and ability to convey complex ideas in a clear, engaging manner make him a valuable contributor to these fields.

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