How do payments and refunds work at FundedFast?

💡 Answer

Payment Methods: Credit/Debit Card, Bank Transfer, Local Banking, PIX (Brazil), Cryptocurrency

Refund Policy

Pass refund: FundedFast’s FAQ states the Challenge fee is fully refunded if you pass the Challenge.

14-day withdrawal right (pre-trading): its Terms provide a right to withdraw within 14 calendar days, but this right is waived once the first demo trade is placed (challenge activation).

More FAQs about FundedFast

Guides Where FundedFast Is Featured

These guides include FundedFast alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.

FundedFast vs Funded Prime vs SabioTrade - Prop Firm Comparison (March 2026)

Side-by-side comparison of FundedFast vs Funded Prime vs SabioTrade. 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.

FundedFast vs Funded Prime vs SabioTrade - Prop Firm Comparison (March 2026)
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...
Funded Prime
Funded Prime is a simulated trading evaluation program administered by Radias PTT FZ-LLC. It offers One Phase, Two Phase, Stock Traders, Meme Coin and Bitcoin Maxi challenges, primarily on TradeLocker (with DXtrade also linked as a supported platform resource). Funded-stage...
SabioTrade
SabioTrade is an Ireland-based proprietary trading firm operated by Codevil IT Engineering Limited. It offers a single-phase evaluation with five account tiers ranging from $20,000 to $650,000. Traders must reach a 10% profit target while respecting a 5% daily loss...
Overview
Trustpilot Rating 3.7 4.1 3.5
Trustpilot Reviews 12 20 714
Headquarters Malta United Arab Emirates Ireland
Age (Years) 2 3 3
Max Funding $976,562 $800,000 $650,000
Profit Split Start 80% 80% 80%
Profit Split Max 90% 90% 90%
Platforms Match-Trader TradeLocker DXtrade MT4 MT5 Quadcode
Assets Forex Commodities Precious Metals Indices Cryptocurrencies Forex Commodities Indices Crypto Stocks Forex stocks indices commodities ETFs cryptocurrencies
Leverage
FX Leverage 100 50 30
Metals Leverage 100 10 25
Crypto Leverage 20 1 3
Risk & Drawdown Rules
Max Daily Loss 5 5 5
Max Total Loss 10 10 6
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. Drawdown ModelEquity-based drawdown. For One Phase / Two Phase / Stock Traders / Bitcoin Maxi: Max Daily Drawdown is a % of the previous day’s equity snapshot (5% for One/Two/Stock; 3% for Bitcoin Maxi). Max Drawdown is a fixed % of the initial balance (10% for One/Two/Stock; 5% for Bitcoin Maxi). Meme Coin uses a 6.5% trailing drawdown. Trailing (dynamic drawdown calculated from the highest equity reached)
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. Payout FrequencyPayout waiting periods (from account opening / prior payout request) depend on the challenge type:One Phase: 14 daysTwo Phase: 7 daysStock Traders: 14 daysMeme Coin: 14 daysBitcoin Maxi: 14 daysAn add-on (“Prime Payout”) can reduce the payout time to 7 days for eligible plans. Weekly
Days to First Payout 0 14 7
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. 2 1
Payout Methods N/A USDT TRC20 USDT ERC20 BTC International Bank Transfer Bank transfer
Payments
Payment Methods Credit/Debit Card Bank Transfer Local Banking PIX (Brazil) Cryptocurrency Credit/Debit Cards Cryptocurrencies Credit/debit card Bank transfer
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 depends on the challenge: Two Phases allowed; One Phase, Stock Traders and Meme Coin not allowed within 10 minutes before/after high-impact releases. News trading is allowed as long as traders comply with risk and drawdown limits. High-frequency activity around news events is prohibited.
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: One Phase, Two Phase and Stock Traders not allowed; Meme Coin allowed. Overnight positions are allowed. Weekend holding depends on the selected plan, with some requiring positions to be closed before market close on Friday.
Copy Trading No. FundedFast states copy trading is not currently supported. Copy trading from other traders is prohibited; copying from your own personal accounts into your Funded Prime account is permitted if registered under the same email address. (Copy trading is permitted in evaluation stage.) There is no formal copy-trading program. Traders are expected to trade their own strategies, and coordinated or mirrored trading is discouraged.
EA Allowed No. FundedFast states it does not support Expert Advisors (EAs) or automated trading systems. EAs are allowed for Prime Traders and strictly prohibited for Stock Traders. Expert Advisors and automated strategies are permitted if they comply with the rules. High-frequency trading, scalping, and hedging strategies are not allowed.
KYC & Restrictions
KYC Required No No No
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 must be completed to be eligible for payouts (Rules and Conditions/FAQs). FAQs note that if a payout exceeds $1,000, required KYC documents must be submitted and approved before requesting a withdrawal. KYC and AML verification are required before receiving a funded account and payouts. Traders must submit valid government ID, proof of address, and identity verification.
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 Australia Cuba Iran North Korea Myanmar Russia (including Crimea Donetsk Luhansk regions of Ukraine) Somalia Syria OFAC-sanctioned countries including Iran North Korea Syria Cuba and other restricted jurisdictions

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