Reviewed by PropFirm201 Research Team·At a Glance
FundedBull Homepage
Pricing & Challenge Types
1 Step Challenge
1 phase · 90% profit split
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $5,000 | $49 | 9% | 3% | 6% |
| $10,000 | $89 | 9% | 3% | 6% |
| $25,000 | $179 | 9% | 3% | 6% |
| $50,000 | $299 | 9% | 3% | 6% |
| $100,000 | $549 | 9% | 3% | 6% |
| $250,000 | $1240 | 9% | 3% | 6% |
1 Step Lite Challenge
1 phase · 50% profit split
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $1,000 | $12 | 9% | 3% | 6% |
| $5,000 | $32 | 9% | 3% | 6% |
| $10,000 | $59 | 9% | 3% | 6% |
| $25,000 | $99 | 9% | 3% | 6% |
| $50,000 | $189 | 9% | 3% | 6% |
2 Step Challenge
2 phases · 90% profit split
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $44 | 8% | 5% | 4% | 8% |
| $10,000 | $79 | 8% | 5% | 4% | 8% |
| $25,000 | $159 | 8% | 5% | 4% | 8% |
| $50,000 | $269 | 8% | 5% | 4% | 8% |
| $100,000 | $499 | 8% | 5% | 4% | 8% |
| $250,000 | $1200 | 8% | 5% | 4% | 8% |
3 Step Challenge
3 phases · 90% profit split
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $40 | 6% | 6% | 4% | 7% |
| $10,000 | $72 | 6% | 6% | 4% | 7% |
| $25,000 | $144 | 6% | 6% | 4% | 7% |
| $50,000 | $264 | 6% | 6% | 4% | 7% |
| $100,000 | $480 | 6% | 6% | 4% | 7% |
| $250,000 | $1120 | 6% | 6% | 4% | 7% |
Pros & Cons
Pros
- Very low entry prices starting from just $12 for a $1,000 account
- 90% profit split on all main challenges without needing upgrades
- Multiple platform options including MT4, MT5, cTrader, and DXTrade
- Weekly payouts every 7 days for fast access to profits
- No inactivity fees and zero withdrawal fees
Cons
- Very new firm founded in July 2024 with limited track record
- Only 15 Trustpilot reviews, making reliability hard to assess
- No scaling plan available for growing account sizes
- News trading restricted around high-impact events
- EAs and high-frequency trading are prohibited
- Not available to US traders
Trading Rules
About FundedBull
FundedBull is a proprietary trading firm registered in Singapore as RateRight Pte. Ltd., founded in July 2024 by CEO Desimir Paskalev. As a relatively new entrant in the prop trading industry, FundedBull has positioned itself as a budget-friendly option for traders seeking funded accounts with low barriers to entry.
The firm offers four distinct challenge types -- 1 Step, 1 Step Lite, 2 Step, and 3 Step -- with account sizes ranging from $1,000 to $250,000. What sets FundedBull apart from many competitors is its aggressive pricing; the smallest account starts at just $12, making it one of the most affordable prop firms in the market. All main challenges offer a 90% profit split without the need for costly upgrades.
FundedBull provides access to a wide range of trading platforms including MetaTrader 4, MetaTrader 5, cTrader, DXTrade, MatchTrader, and TradeLocker. Traders can trade forex pairs, cryptocurrencies, indices, metals, and commodities with leverage ratios of 1:50 for forex, 1:10 for indices and metals, and 1:2 for cryptocurrencies.
However, the firm does come with notable restrictions. Trading bots, EAs, copy trading, and high-frequency trading strategies are all prohibited. News trading is restricted within a 5-minute window around major economic releases. The firm also lacks a scaling program, meaning traders cannot grow their account sizes over time based on performance. With only 15 Trustpilot reviews and a score of 3.6, the firm has not yet established a deep track record, so traders should exercise due diligence before committing significant funds.
How FundedBull Works
- Select a Challenge: Choose from 1 Step, 1 Step Lite, 2 Step, or 3 Step challenges based on your preferred evaluation structure.
- Pick Your Account Size: Available sizes range from $1,000 (Lite only) up to $250,000.
- Pay the Evaluation Fee: One-time fees start as low as $12 for a Lite account or $40 for standard challenges.
- Complete the Evaluation: Meet the profit target (6-9% depending on challenge) while respecting daily loss (3-4%) and maximum drawdown (6-8%) limits. A minimum of 5 trading days is required.
- Receive Your Funded Account: Upon passing, you get access to a funded trading account with a 90% profit split (50% for Lite accounts).
- Get Paid: Withdraw profits every 7 days via cryptocurrency.
Pricing & Plans
1 Step Challenge (90% Profit Split)
| Account Size | Price | Profit Target | Daily Loss | Max Drawdown |
|---|---|---|---|---|
| $5,000 | $49 | 9% | 4% | 6% |
| $10,000 | $89 | 9% | 4% | 6% |
| $25,000 | $179 | 9% | 4% | 6% |
| $50,000 | $299 | 9% | 4% | 6% |
| $100,000 | $549 | 9% | 4% | 6% |
| $250,000 | $1,240 | 9% | 4% | 6% |
1 Step Lite Challenge (50% Profit Split)
| Account Size | Price | Profit Target | Daily Loss | Max Drawdown |
|---|---|---|---|---|
| $1,000 | $12 | 9% | 3% | 6% |
| $5,000 | $39 | 9% | 3% | 6% |
| $10,000 | $69 | 9% | 3% | 6% |
| $25,000 | $129 | 9% | 3% | 6% |
| $50,000 | $189 | 9% | 3% | 6% |
2 Step Challenge (90% Profit Split)
| Account Size | Price | Phase 1 Target | Phase 2 Target | Daily Loss | Max Drawdown |
|---|---|---|---|---|---|
| $5,000 | $44 | 8% | 5% | 4% | 8% |
| $10,000 | $79 | 8% | 5% | 4% | 8% |
| $25,000 | $159 | 8% | 5% | 4% | 8% |
| $50,000 | $269 | 8% | 5% | 4% | 8% |
| $100,000 | $499 | 8% | 5% | 4% | 8% |
| $250,000 | $1,200 | 8% | 5% | 4% | 8% |
3 Step Challenge (90% Profit Split)
| Account Size | Price | Each Phase Target | Daily Loss | Max Drawdown |
|---|---|---|---|---|
| $5,000 | $40 | 6% | 3% | 6% |
| $10,000 | $69 | 6% | 3% | 6% |
| $25,000 | $139 | 6% | 3% | 6% |
| $50,000 | $239 | 6% | 3% | 6% |
| $100,000 | $449 | 6% | 3% | 6% |
| $250,000 | $1,120 | 6% | 3% | 6% |
Rules & Restrictions
- Minimum Trading Days: 5 days across all challenge types
- Maximum Trading Days: Unlimited (no time pressure)
- News Trading: Prohibited within 5 minutes before and after major news events
- EAs/Bots: Not allowed; high-frequency trading strategies are prohibited
- Copy Trading: Not permitted
- Scalping: Allowed
- Weekend Holding: Positions may be held over weekends
- No Mandatory Stop-Loss: Traders are not required to set stop-losses
- No Inactivity Fees: Accounts are not charged for periods of inactivity
- Leverage: 1:50 forex, 1:10 indices/metals/oil, 1:2 crypto
Payouts
- Profit Split: 90% on all standard challenges; 50% on Lite challenges
- Payout Frequency: Every 7 days
- Payout Methods: Cryptocurrency only
- Withdrawal Fees: Zero
- Processing: Reported turnaround within hours for some traders
Is FundedBull Legit?
FundedBull is a very young firm, having launched in July 2024. With only 15 reviews on Trustpilot and a score of 3.6 out of 5, it is difficult to form a definitive assessment of its reliability. The firm is registered in Singapore as RateRight Pte. Ltd., but it is not a regulated financial entity.
Positive reviews highlight fast payout processing (some within 8 hours), user-friendly platforms, and tight spreads. However, negative reviews report accounts being frozen after passing challenges and unresponsive customer service. The Traders Union has given FundedBull a risk score of 4.11 out of 10, classifying it as "higher-than-average risk."
Traders considering FundedBull should start with smaller account sizes to test the firm's reliability before committing to larger evaluations. The lack of a proven long-term track record is the primary concern with this firm.
FAQ
What is FundedBull?
FundedBull is a Singapore-based proprietary trading firm registered as RateRight Pte. Ltd. It offers funded trading accounts from $1,000 to $250,000 through 1-step, 2-step, and 3-step evaluation challenges, with a 90% profit split on standard accounts.
How much does FundedBull cost?
FundedBull's fees start as low as $12 for a $1,000 Lite account and range up to $1,240 for a $250,000 standard account. The firm frequently offers 20% promotional discounts.
What is FundedBull's profit split?
FundedBull offers a 90% profit split on all standard challenge types (1 Step, 2 Step, and 3 Step). The 1 Step Lite challenge has a lower 50% profit split in exchange for reduced entry fees.
Does FundedBull allow EAs/bots?
No, FundedBull prohibits the use of Expert Advisors, trading bots, high-frequency trading strategies, and copy trading. Only manual trading is permitted.
Is FundedBull available in the US?
FundedBull does not explicitly confirm availability for US traders. Given its Singapore registration and regulatory landscape, US traders should verify their eligibility directly with the firm before purchasing a challenge.