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FundedFirm

Active
London, United Kingdom·Founded 2024
2.5
Trustpilot165 reviews
Visit Website
From$59
·
Split80%
·
PlatformsMT5
Payoutbi-weekly
Reviewed by PropFirm201 Research Team·

At a Glance

Profit Split
Up to 80%
Starting From
$59
Platforms
MT5
Instruments
Forex, Indices, Commodities, Crypto
Drawdown Type
Balance Based, Trailing
Payout Frequency
Bi-weekly
US Friendly
Yes
Free Trial
No
EA Allowed
Yes

FundedFirm Homepage

FundedFirm homepage screenshot

Pricing & Challenge Types

2-Step Challenge

2 phases · 80% profit split · Scaling available

Account SizePriceTarget P1Target P2Daily LossMax DD
$5,000$598%5%5%10%
$15,000$1298%5%5%10%
$25,000$1998%5%5%10%
$50,000$3498%5%5%10%
$100,000$5498%5%5%10%
$200,000$9998%5%5%10%
Min Trading Days: 3Drawdown: Balance Based

1-Step Challenge

1 phase · 80% profit split · Scaling available

Account SizePriceTarget P1Daily LossMax DD
$5,000$6910%4%6%
$15,000$14910%4%6%
$25,000$22910%4%6%
$50,000$39910%4%6%
$100,000$59910%4%6%
$200,000$109910%4%6%
Min Trading Days: 3Drawdown: Trailing

FundedFirm Plans Page

FundedFirm plans page screenshot

Pros & Cons

Pros

  • Profit split claimed up to 100%
  • Fast payouts reported within 24 hours when working
  • Multiple instruments across forex, indices, commodities, crypto
  • No time limits on challenges
  • Competitive pricing starting at $59

Cons

  • 2.5 Trustpilot rating indicates significant customer dissatisfaction
  • Multiple reports of payout denials and account breaches without clear cause
  • Services not backed by any regulated broker
  • Suspected fake positive reviews on the firm's website
  • Very new firm launched in 2024 with minimal verifiable track record

Trading Rules

News Trading
Weekend Holding
Expert Advisors
Copy Trading
Scalping
Hedging

About FundedFirm

FundedFirm is a UK-based proprietary trading firm launched in 2024, offering funded accounts from $5,000 to $200,000 through 1-step and 2-step evaluation challenges. The firm advertises profit splits of up to 100% and fast 24-hour payouts. However, FundedFirm has a 2.5/5 Trustpilot rating from 165 reviews, reflecting significant customer dissatisfaction.

While the firm offers competitive pricing and attractive features on paper, traders should approach FundedFirm with extreme caution. Multiple reviews report account breaches without valid reasons, payout denials, and a lack of regulatory backing. The firm's services are not backed by any regulated broker, which is a significant concern.

How It Works

FundedFirm offers two evaluation models:

2-Step Challenge:

  1. Phase 1: Reach an 8% profit target with a 5% daily loss limit and 10% maximum drawdown. Minimum 3 trading days.
  2. Phase 2: Reach a 5% profit target with the same parameters.
  3. Funded account with 80% profit split, claimed to scale to 100%.

1-Step Challenge:

  1. Reach a 10% profit target with a 4% daily loss limit and 6% trailing drawdown.
  2. Funded account with 80% profit split.

Pricing & Plans

Account Size 2-Step Fee 1-Step Fee
$5,000 $59 $69
$15,000 $129 $149
$25,000 $199 $229
$50,000 $349 $399
$100,000 $549 $599
$200,000 $999 $1,099

Challenge fees are stated as refundable upon first payout.

Rules & Restrictions

  • Maximum Daily Loss: 4-5% depending on challenge type.
  • Maximum Overall Loss: 6-10% depending on challenge type.
  • Minimum Trading Days: 3 days per phase.
  • Maximum Trading Days: No time limit.
  • News Trading: Allowed.
  • Weekend Holding: Not allowed.
  • Expert Advisors: Allowed.
  • Scalping: Allowed.
  • Hedging: Allowed.
  • Copy Trading: Not allowed.

Payouts

  • Frequency: Bi-weekly.
  • Profit Split: 80%, claimed to scale to 100%.
  • Methods: Bank transfer and cryptocurrency.
  • Processing Time: Claimed 24 hours; actual experience varies.

Is FundedFirm Legit?

FundedFirm raises multiple red flags:

  • 2.5/5 Trustpilot rating from 165 reviews indicates significant dissatisfaction.
  • Multiple reports of account breaches without valid or transparent reasons.
  • Payout denials reported by traders who claim to have followed all rules.
  • No regulated broker backing the firm's services.
  • Suspected AI-generated fake reviews on the firm's own website.
  • 100% profit split claim is unusual and may not be sustainable.

Recommendation: Traders should exercise extreme caution with FundedFirm. The low Trustpilot rating, reports of payout issues, and lack of regulatory backing are serious concerns. Consider established alternatives with proven track records.

FAQ

What is FundedFirm?

FundedFirm is a UK-based prop firm launched in 2024 offering 1-step and 2-step challenges for funded accounts from $5,000 to $200,000.

How much does FundedFirm cost?

Challenge fees range from $59 for a $5,000 2-step account to $1,099 for a $200,000 1-step account.

Is FundedFirm safe?

FundedFirm has a 2.5 Trustpilot rating with multiple reports of payout issues and no regulated broker backing. Traders should approach with extreme caution.

What is FundedFirm's profit split?

FundedFirm claims up to 100% profit split, though the standard starting split is 80%.

Is FundedFirm available in the US?

Yes, FundedFirm states it accepts traders from the United States.

Frequently Asked Questions

What is FundedFirm?
FundedFirm is a UK-based prop firm launched in 2024 offering 1-step and 2-step challenges for funded accounts from $5,000 to $200,000.
How much does FundedFirm cost?
Challenge fees range from $59 for a $5,000 2-step account to $1,099 for a $200,000 1-step account.
Is FundedFirm safe?
FundedFirm has a 2.5 Trustpilot rating with multiple reports of payout issues and no regulated broker backing. Traders should approach with extreme caution.
What is FundedFirm's profit split?
FundedFirm claims up to 100% profit split, though the standard starting split is 80%.
Is FundedFirm available in the US?
Yes, FundedFirm states it accepts traders from the United States.