Reviewed by PropFirm201 Research Team·At a Glance
FunderPro Homepage
Pricing & Challenge Types
One Phase
1 phase · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $5,000 | $69 | 10% | 3% | 6% |
| $10,000 | $109 | 10% | 3% | 6% |
| $25,000 | $219 | 10% | 3% | 6% |
| $50,000 | $319 | 10% | 3% | 6% |
| $100,000 | $539 | 10% | 3% | 6% |
| $150,000 | $799 | 10% | 3% | 6% |
| $200,000 | $989 | 10% | 3% | 6% |
Classic (2-Phase)
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $69 | 10% | 5% | 5% | 10% |
| $10,000 | $109 | 10% | 5% | 5% | 10% |
| $25,000 | $219 | 10% | 5% | 5% | 10% |
| $50,000 | $319 | 10% | 5% | 5% | 10% |
| $100,000 | $539 | 10% | 5% | 5% | 10% |
| $150,000 | $799 | 10% | 5% | 5% | 10% |
| $200,000 | $989 | 10% | 5% | 5% | 10% |
Pro (2-Phase)
2 phases · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $75 | 10% | 8% | 3% | 6% |
| $10,000 | $129 | 10% | 8% | 3% | 6% |
| $25,000 | $239 | 10% | 8% | 3% | 6% |
| $50,000 | $419 | 10% | 8% | 3% | 6% |
| $100,000 | $659 | 10% | 8% | 3% | 6% |
| $150,000 | $979 | 10% | 8% | 3% | 6% |
| $200,000 | $1319 | 10% | 8% | 3% | 6% |
Instant Program
0 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $5,000 | $79 | N/A | 3% | 6% |
| $10,000 | N/A | N/A | 3% | 6% |
| $25,000 | N/A | N/A | 3% | 6% |
| $50,000 | N/A | N/A | 3% | 6% |
| $100,000 | N/A | N/A | 3% | 6% |
FunderPro Plans Page
Pros & Cons
Pros
- Daily reward payouts available on Pro accounts
- No time limits on any challenge
- Multiple challenge types including instant funding
- Up to 90% profit split on Pro accounts
- Scaling potential up to $5,000,000
- No trailing drawdown policy
Cons
- Not available to US traders
- Mixed Trustpilot reviews with 28% one-star ratings
- Weekend holding requires paid Swing add-on
- Third-party EAs not allowed unless you own the source code
- Pro funded accounts have news trading restrictions
Trading Rules
About FunderPro
FunderPro is a proprietary trading firm registered under the laws of the Republic of Malta as FunderPro Ltd. (registration number C 104558), headquartered at 30/1 Kenilworth Court, Sir Augustus Bartolo Street, Ta'Xbiex, Malta. The company was incorporated in February 2023 and is led by CEO Gary Mullen. FunderPro has gained visibility in the trading community partly through its sponsorship of Formula 1 driver Ollie Bearman, signaling the firm's ambitions in brand building and marketing.
FunderPro bills itself as "The Original Prop Firm with Daily Rewards," highlighting its distinctive daily payout feature on Pro accounts. The firm offers four distinct paths to funded trading: a One Phase challenge for traders wanting a quick evaluation, a Classic two-phase challenge with more generous drawdown limits, a Pro two-phase challenge with higher profit splits and daily reward access, and an Instant Program that skips evaluation entirely.
The firm supports trading across forex, metals, oil, indices, cryptocurrencies, and stocks through three platforms: MetaTrader 5, cTrader, and TradeLocker. Leverage varies by asset class, ranging from 1:100 on forex down to 1:2 on cryptocurrency. All trading takes place in a simulated environment, and payouts are structured as performance-based rewards rather than withdrawals from live trading capital.
FunderPro has accumulated over 750 reviews on Trustpilot with a score of approximately 4.0 out of 5, though the distribution is polarized with 57% five-star and 28% one-star ratings. The firm processes payouts through cryptocurrency (USDC on ERC-20) and bank transfers via its partnership with Rise, which enables fiat withdrawals in major currencies like USD, EUR, and GBP.
One of FunderPro's standout features is the absence of time limits on all challenge types. Traders can take as long as they need to reach profit targets, provided they do not breach drawdown limits or remain inactive for more than 30 consecutive days.
How FunderPro Works
FunderPro offers four distinct programs for traders:
-
One Phase Challenge: The fastest evaluation route. Hit a 10% profit target with a maximum 3% daily loss and 6% overall drawdown. No minimum trading days or time limit. Once passed, receive a funded account with 80% profit split and bi-weekly payouts.
-
Classic Challenge (2-Phase): Phase 1 requires 10% profit, Phase 2 requires 5% profit. More generous risk limits at 5% daily loss and 10% overall drawdown. Minimum 4 trading days required. No consistency rule on funded accounts. Ideal for beginners who benefit from larger drawdown buffers.
-
Pro Challenge (2-Phase): Phase 1 requires 10% profit, Phase 2 requires 8% profit. Tighter risk at 3% daily loss and 6% overall drawdown, but rewards with up to 90% profit split and access to daily rewards. Higher leverage and fewer restrictions make this the premium option.
-
Instant Program: Skip evaluation entirely. Starts at $79. First reward available after generating just $100 in profit. Average payout processing time of 8 hours. Same 3% daily loss and 6% overall drawdown limits.
All programs feature no trailing drawdown, unlimited challenge duration, and the ability to scale up to $5,000,000 through consistent profitable trading.
Pricing & Plans
One Phase Challenge:
| Account Size | Price |
|---|---|
| $5,000 | $69 |
| $10,000 | $109 |
| $25,000 | $219 |
| $50,000 | $319 |
| $100,000 | $539 |
| $150,000 | $799 |
| $200,000 | $989 |
Classic Challenge (2-Phase):
| Account Size | Price |
|---|---|
| $5,000 | $69 |
| $10,000 | $109 |
| $25,000 | $219 |
| $50,000 | $319 |
| $100,000 | $539 |
| $150,000 | $799 |
| $200,000 | $989 |
Pro Challenge (2-Phase):
| Account Size | Price |
|---|---|
| $5,000 | $75 |
| $10,000 | $129 |
| $25,000 | $239 |
| $50,000 | $419 |
| $100,000 | $659 |
| $150,000 | $979 |
| $200,000 | $1,319 |
Instant Program: Starts at $79, with pricing varying by account size.
Optional Add-ons:
- Swing Add-on: Enables weekend holding and overnight positions. Reduces leverage across asset classes. Available at checkout for any challenge type.
Rules & Restrictions
FunderPro's rules vary slightly by program type:
- Daily Drawdown: 3% for One Phase, Pro, and Instant programs; 5% for Classic.
- Overall Drawdown: 6% for One Phase, Pro, and Instant; 10% for Classic.
- No Trailing Drawdown: The drawdown level does not trail your equity high. It is calculated from the initial account balance.
- Inactivity Rule: Accounts terminate after 30 consecutive days of no trading activity.
- News Trading: Fully allowed during all challenge phases. On Pro funded accounts, news trading is restricted around selected major news releases listed on the Economic Calendar page. The Swing add-on removes this restriction.
- Weekend Holding: Not permitted by default. Requires the paid Swing add-on at checkout.
- Expert Advisors: Allowed, but only if you own the source code. Third-party EAs from shared services are prohibited.
- Copy Trading: Allowed between your own accounts only. Cross-individual copying is not permitted.
- Scalping and Hedging: Permitted on all account types.
- Leverage: Forex 1:50 to 1:100, Metals/Oil/Indices 1:10 to 1:30, Crypto 1:2, Stocks 1:3 to 1:5. Swing option reduces leverage further.
Payouts
FunderPro offers several payout structures depending on the account type:
- One Phase and Classic: Bi-weekly payouts (every 14 days). First withdrawal available once the $100 minimum profit threshold is met.
- Pro Accounts: Daily rewards available. Traders can request a payout any time their account is at least 1% above the initial balance. Weekly payout option also available.
- Instant Program: First reward after only $100 in profit. Average processing time of 8 hours.
Payout methods include:
- USDC (ERC-20): Cryptocurrency payout directly to your wallet.
- Bank Transfer via Rise: FunderPro partners with Rise (RiseWorks) to enable direct bank transfers in USD, EUR, and GBP. Withdrawals in these major currencies are free of charge.
Payouts are typically processed within 1 working day from approval, with many traders reporting next-day receipt.
Is FunderPro Legit?
FunderPro is a registered Malta company (C 104558) with a physical address and identifiable leadership under CEO Gary Mullen. The firm has been operating since 2023 and has built brand visibility through its F1 sponsorship of Ollie Bearman. The company maintains a Trustpilot score of approximately 4.0 across 750+ reviews.
However, the review distribution warrants caution. While 57% of reviews are five-star, 28% are one-star, indicating that a significant minority of traders have had negative experiences. Common complaints in negative reviews include payout disputes, rule violation terminations that traders felt were unjustified, and restrictions on third-party EAs.
On the positive side, FunderPro's no trailing drawdown policy, unlimited challenge duration, and daily reward feature on Pro accounts represent genuine differentiators in the prop firm space. The partnership with Rise for bank transfer payouts adds a layer of payout reliability.
As always, traders should thoroughly read the full terms and conditions, understand the drawdown calculation method, and start with a smaller account size to test the firm's payout reliability before committing larger sums.
FAQ
What is FunderPro?
FunderPro is a Malta-based proprietary trading firm offering funded accounts through multiple evaluation paths: One Phase, Classic (2-Phase), Pro (2-Phase), and Instant programs. The firm is known for its daily reward feature and no trailing drawdown policy. Account sizes range from $5,000 to $200,000 with scaling up to $5,000,000.
How much does FunderPro cost?
FunderPro's One Phase and Classic challenges start at $69 for a $5,000 account and go up to $989 for $200,000. Pro challenges range from $75 to $1,319. The Instant Program starts at $79.
What is FunderPro's profit split?
Standard accounts (One Phase, Classic, Instant) offer an 80% profit split. Pro accounts offer up to 90% profit split with access to daily rewards.
Does FunderPro allow EAs/bots?
Yes, but with restrictions. You can use Expert Advisors only if you own the source code. Third-party EAs from shared signal services or marketplaces are not allowed. Replicating strategies across accounts using shared EAs is prohibited.
Is FunderPro available in the US?
No. FunderPro restricts access for US-based traders due to legal compliance obligations. The firm serves traders in most other regions worldwide.