Does FundedFast offer 2-phase, 1-phase, or instant funding programs?
💡 Answer
FundedFast currently offers the following program types.
• One-Phase Challenge: 10% profit target; Unlimited time; Minimum Trading Days 3; Max Daily Loss 5%; Max Drawdown 10%; Leverage up to 1:50
• Two-Phase Challenge: Phase 1 10% profit target; Phase 2 5% profit target; Unlimited time; Minimum Trading Days 3 per phase; Max Daily Loss 5%; Max Drawdown 10%; Leverage up to 1:100
• Funded (Earn) stage: Unlimited profit target; Max Daily Loss 5%; Max Drawdown 10%; Performance split 90% (higher split available via add-on at checkout)
• Optional add-ons (checkout): Increased Profit Split (90%), Weekend Holding, No Mandatory Stop Loss
More FAQs about FundedFast
- Can traders use EAs, trade news, hold weekend positions, or copy trades at FundedFast, and what strategies are prohibited?
- How do payments and refunds work at FundedFast?
- How does FundedFast handle trader withdrawals in terms of payout limits, timing, and payment options?
- How is profit shared between the trader and FundedFast at the maximum level?
- What instruments and markets can traders access at FundedFast?
- How much leverage is available at FundedFast for FX, indices, metals, and crypto assets?
- What are the supported trading platforms at FundedFast, and who is the broker behind them?
- What are the spread, commission, and slippage conditions for traders at FundedFast?
- What trading practices are restricted at FundedFast, including rules on martingale and lot size limits?
- What drawdown structure does FundedFast follow for traders?
- What are the main risk control rules enforced by FundedFast during evaluations?
- What types of trading programs can traders choose from at FundedFast?
- What type of trading challenges does FundedFast require before funding?
- What is the funding limit at FundedFast, and does the firm allow traders to scale their accounts?
- What is FundedFast's Trustpilot rating and total review count right now?
- What should traders know about account limits at FundedFast, such as max accounts, merging rules, and lot size limits?
- Does FundedFast enforce identity verification, and when is KYC performed?
- Are traders from all countries allowed at FundedFast, or are there restrictions?
Guides Where FundedFast Is Featured
- Prop Firms Offering Crypto Leverage of 1:3 or Higher
- Prop Firms Offering FX Leverage of 1:100 or Higher
- Prop Firms Offering Indices Trading
- Prop Firms Offering Maximum Profit Split of 80% or Higher
- Prop Firms Offering Metals Leverage of 1:25 or Higher
- Prop Firms Offering More Than $400k in Funding
- Prop Firms Offering Profit Split Starting at 70% or Higher
- Prop Firms With At Least 1 Years in Operation
- Prop Firms With Match-Trader Platform
- Prop Firms With Trustpilot rating of 3.2 or higher
- Top Prop Firms That Accept Clients From Belize
These guides include FundedFast alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
FundedFast vs Seacrest Markets vs Funded Trading Plus - Prop Firm Comparison (March 2026)
Side-by-side comparison of FundedFast vs Seacrest Markets vs Funded Trading Plus. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated March 2026.
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FundedFast
FundedFast is the trading name of Memento Enterprises Limited (Malta) and offers simulated prop-trading Challenges on MatchTrader. It provides one-phase and two-phase evaluations (10% then 5% targets on the two-phase), unlimited time limits, weekly payout requests on funded accounts via...
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Seacrest Markets
Seacrest Markets (formerly MyFundedFX) is a broker-backed prop evaluation program offering MT5 and Match-Trader simulated challenges with no time limits, up to $400,000 total simulated value across active accounts, 80% profit split on Live Sim accounts (with VIP tiers up...
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Funded Trading Plus
Funded Trading Plus (FT+) is a Saint Lucia-registered prop firm brand with an operational office in Manchester, UK, offering Instant Funding plus 1-step and 2-step simulated challenges since 2021. Traders can access broad CFD markets (FX, indices, commodities, crypto) across...
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| Overview | |||
| Trustpilot Rating | 3.7 | 3.3 | 4.4 |
| Trustpilot Reviews | 12 | 1 | 2,630 |
| Headquarters | Malta | South Africa | Saint Lucia |
| Age (Years) | 2 | N/A | N/A |
| Max Funding | $976,562 | $400,000 | $400,000 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 90% | 92.75% | 100% |
| Platforms | Match-Trader | mt5 match-trader | MT5 cTrader Match-Trader DXtrade |
| Assets | Forex Commodities Precious Metals Indices Cryptocurrencies | FX Metals Indices Energy & Commodities Crypto | FX Indices Commodities Crypto |
| Leverage | |||
| FX Leverage | 100 | 30 | 30 |
| Metals Leverage | 100 | 10 | 30 |
| Crypto Leverage | 20 | 2 | 2 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | 5 | Maximum Daily LossDaily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step). | Maximum Daily LossFT+ uses a balance-based Daily Drawdown (Daily Simulated Loss) that resets each day at 16:59 (EST). A daily balance snapshot is taken, the daily loss amount is calculated as a percentage of that snapshot, and the account’s equity must not fall below the resulting Daily Drawdown figure.Daily Simulated Loss limits vary by program (typical published values): Master 6%, Experienced 4%, Advanced 5%, Premium 4%, Prestige Lite 3%, and Prestige Pro 5%. |
| Max Total Loss | 10 | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). | Maximum Overall LossMaximum Simulated Loss limits vary by program and drawdown model. Core trailing-loss challenges include: Master 6% max loss, Experienced 6%, Premium 8% and Advanced 10%.Prestige variants use a static-loss structure with tighter daily limits and typical maximum loss caps such as 6% (Prestige Lite) or 10% (Prestige Pro), depending on the specific Prestige version chosen. |
| Drawdown Type | Drawdown ModelFundedFast enforces a fixed Max Daily Loss and a fixed Max Drawdown (no trailing drawdown disclosed on its Challenges page). The daily-loss limit is presented as a percentage limit and should be treated as including floating PnL exposure (open trades) for compliance. | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) | Drawdown ModelFunded Trading Plus uses two drawdown structures across its programs: Relative (trailing) drawdown on core challenges (Master/Experienced/Advanced/Premium) and Static drawdown on Prestige variants.Daily Drawdown is calculated from a daily balance snapshot and applies as a daily equity floor that resets once per day. |
| Payouts | |||
| Payout Frequency | Payout FrequencyFundedFast states withdrawals can be requested once per week. To have a withdrawal processed on Monday, submit the request by 00:00 (UTC) Thursday of the previous week. | Payouts every 14 days (VIP tiers faster). | 7 |
| Days to First Payout | 0 | 14 | 0 |
| Payout Processing Time | Payout ProcessingFundedFast indicates weekly processing, with Monday as the processing day when submitted by the stated cutoff. Exact receipt timing depends on the payment provider and is not specified on the FAQ page. | Processing 12–72 hours. | Payout ProcessingWithdrawal requests are reviewed under FT+’s Risk Review Policy (withdrawals are a listed milestone for review). Processing time can therefore vary depending on whether a request is automatically cleared or requires manual risk-team review. |
| Payout Methods | N/A | Crypto RiseWorks | Crypto Bank Transfer |
| Payments | |||
| Payment Methods | Credit/Debit Card Bank Transfer Local Banking PIX (Brazil) Cryptocurrency | Credit/Debit Card Crypto Apple Pay | Credit/Debit Card E-wallets Crypto |
| Trading Permissions | |||
| News Trading | Yes. FundedFast states news trading is allowed, but trades opened within 10 minutes of significant news announcements may be reviewed for compliance. Its Terms prohibit “gap trading” during significant news events (example: opening trades within five minutes of a major news announcement). | News trading restricted on Live Sim (±3 minutes). | News trading is allowed in principle, and FT+ markets “trade news” as part of its ruleset. However, high-risk “coin-flip” behaviour (e.g., extremely high margin utilisation combined with short-duration trades during volatile news) may fail a withdrawal-time risk review. |
| Weekend Trades | Weekend holding is available via a Weekend Holding add-on at checkout. Overnight holding is allowed (swap applies at market close). | Weekend trading allowed. | Funded Trading Plus states traders may hold trades over the weekend (“hold weekends”), supporting swing-style strategies. Traders should still monitor instrument trading hours/closures and manage gap risk. |
| Copy Trading | No. FundedFast states copy trading is not currently supported. | Copy trading allowed for own strategies only. | FT+ requires accounts to be traded independently. Copy trading between active FT+ accounts is not permitted, and hedging across multiple accounts is strictly prohibited (hedging within a single account is allowed). |
| EA Allowed | No. FundedFast states it does not support Expert Advisors (EAs) or automated trading systems. | EAs allowed on MT5 only. | Expert Advisors (EAs), algos and bots are permitted. FT+ warns that abusive automation can lead to bans and may require traders to submit their EA for approval before receiving a simulated-live FT+ Trader account. EAs may not be used to copy trade or hedge across multiple FT+ accounts. |
| KYC & Restrictions | |||
| KYC Required | No | Yes | Yes |
| KYC Stage | KYC is required after passing and before the funded phase: ID (passport/driving license/national ID) and proof of residence (utility bill or bank statement dated within the last six months). Upload is done via the Trading Platform profile area; verification is typically within an hour, up to one business day in rare cases. | KYC required at Live Sim stage. | KYC / identity checks are required at the FT+ Trader stage (simulated-live funded accounts), typically to confirm account ownership and support withdrawal processing under compliance requirements. |
| Restricted Countries | Afghanistan Albania Baker Island Bajo Nuevo Bank Barbados Belarus Burkina Faso Cabo Verde China Congo (Democratic Republic) Congo (Republic) Côte d’Ivoire Eritrea Ethiopia Guam Haiti Hong Kong Howland Island Iran Iraq Jamaica Jarvis Island Johnston Atoll Jordan Kingman Reef Kyrgyzstan Lebanon Liberia Libya Malta Midway Islands Minor Outlying Islands Mongolia Mozambique Myanmar (Burma) Nicaragua North Korea Northern Mariana Islands Pakistan Palestine Palmyra Atoll Panama Puerto Rico Russia Senegal Seychelles Sierra Leone Somalia South Sudan Sudan Syria Tajikistan Turkmenistan United States United States Virgin Islands Vietnam Yemen | Cuba Iran Lebanon Syria North Korea Libya Russia Sudan Somalia South Sudan Vietnam United Arab Emirates Hong Kong Belarus Myanmar Central African Republic Democratic Republic of Congo Congo Ethiopia Nicaragua Venezuela Yemen Philippines Kenya Algeria Morocco United States | North Korea Myanmar Cuba Syria Iran Pakistan Vietnam |