Funded Firm
FundedFirm is a UK-based proprietary trading firm launched in 2024. It offers 1‑Step and 2‑Step evaluation programs with unlimited time, allowing traders to trade forex, metals, indices, energies and cryptocurrencies on MT5. With leverage up to 1:100 (1:50 for crypto), traders aim for a 10% profit target (8%/5% for the 2‑Step) under 3%–5% daily loss and 6%–10% overall loss limits. Profit splits start at 90% and climb to 100% after three monthly payout cycles. FundedFirm permits news trading and overnight/weekend holding but prohibits copy trading, hedging and EAs. Traders who pass the evaluation receive a refund of the challenge fee with their fourth payout.
Program Type & Scaling
• 1‑Step Challenge (Single evaluation stage: 10% profit target; 3% daily loss limit and 6% overall loss; minimum 3 trading days; unlimited time; profit split 90%–100%)
• 2‑Step Challenge (Two-phase evaluation: 8% and 5% profit targets; 5% daily loss limit; 10% overall loss; minimum 3 trading days per phase; unlimited time; profit split 90%–100%)
• Instant Funding (Direct funded account option; limited information available)
Scaling Plan
FundedFirm does not offer an automatic scaling plan. The maximum funded account size is $100,000, and traders may hold multiple accounts, but funding does not automatically grow after payouts. The “scaling rule” refers to a risk management rule limiting individual positions to five times the smallest lot size traded.
Daily Loss Limit
3–5
Maximum Overall Loss
6–10
Drawdown Model
Fixed (daily 3–5% of starting equity; overall 6–10% of initial balance)
Leverage
| Forex | 100 |
| Crypto | 50 |
Broker
Internal liquidity providers (undisclosed)
Commissions
FundedFirm advertises low spreads and no commissions on trades; traders pay only the spread and there are no payout fees.
Tradable Assets
Forex, Precious Metals, Indices, Energies, Cryptocurrencies
News & Event Trading
News trading is allowed on all account types. Traders may open and close positions during high‑impact news releases.
Payouts & Profit Split
| Profit Split Start (%) | 90% |
| Minimum Payout Amount | No minimum payout restriction apply. |
| Payout Frequency | Payouts can be requested weekly, bi‑weekly or monthly. Weekly cycles provide a 60% profit split, bi‑weekly cycles 80%, and monthly cycles up to 100%. Payouts for weekly and bi‑weekly plans are released every Wednesday starting from the second week after the account is opened. |
| Payout Methods | Bank transfer, UPI, BTC, USDT TRC20, USDT BEP20, USDT ERC20 |
| Payment Methods | UPI, Bitcoin, USDT TRC20, USDT BEP20, USDT ERC20 |
Evaluation & Account Rules
| Challenges | FundedFirm provides two evaluation‑based challenges and an instant funding option:
|
Trading Permissions
| Weekend Trades | Overnight and weekend holding is allowed without restrictions. |
| Copy Trading | Copy trading and mirroring strategies across accounts are prohibited. |
| EA Allowed | Expert Advisors (EAs) and automated trading tools are not allowed. |
| Prohibited Strategies | Prohibited strategies include hedging opposing positions, copy trading, martingale or grid-style gambling behaviours, and use of automated or high‑frequency systems. |
Other Details
| Refund Policy (Code) | Traders who pass the evaluation receive a full refund of their challenge fee along with their fourth payout. Otherwise, fees are non‑refundable. |
| 3 Percent Rule (Notes) | No explicit 3% per‑trade rule. Risk management requires that no single trade or set of trades opened within 3 minutes exceeds 40% of the daily drawdown limit; multiple positions in the same direction on the same symbol count as one trade. |
| Consistency Rule (Notes) |
|
| Indices Leverage Max | 100 |
| Metals Leverage Max | 100 |
| Days to First Payout | 7 |
| Payout Processing Time (Days) | 1 |
| Account Merge Allowed | No |
| Max Accounts per Trader | N/A |
| KYC Required | No |
| KYC Stage | KYC/AML verification is required before the first payout. Traders may need to provide government‑issued ID and proof of address to satisfy compliance checks. |
| Restricted Countries | No specific list of restricted countries is published, but services may not be available in sanctioned jurisdictions such as North Korea, Iran, Syria and other high‑risk regions. |
| Scaling Plan Availability | No |
| Other Risk Rules |
|
| Spread Quality | The firm claims to offer tight spreads on MT5, but it does not publish average spread data. Spreads may widen during volatile market periods, so traders should monitor live quotes. |
| Slippage Policy | Slippage is considered part of normal market risk. If a stop‑loss is skipped due to slippage or a price spike and the drawdown limit is breached, the account will still be considered in violation. |
| Martingale Allowed | No |
| Lot Size Limits | The minimum lot size you trade on an instrument becomes your base lot; subsequent positions on that instrument must not exceed five times this base size. In addition, no single trade (or combined trades opened within three minutes) may risk more than 40% of the daily loss limit. |
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