CEOGary Mullen
Country
flag
MT
Date Created2/1/2023
Years in Operation3
FunderPro logo
FunderPro
10%OFF

FunderPro Prop Firm Details

Firm Overview

Broker:

Liquidity ProviderLiquidity Provider

Platform:

cTradercTraderMT5MT5TradeLockerTradeLocker

Payment Methods:

 Credit Card Credit CardCryptoCryptoPaypalPaypalSkrillSkrill

Payout Methods:

CryptoCryptoRiseworksRiseworks

Type of Instruments:

forexcfdmetalscryptoenergy

Leverage

One Phase

  • FX | 1:100

  • Indices Metals Energies | 1:30

  • Crypto | 1:2

Pro & Classic

  • FX | 1:100

  • Indices Metals Energies | 1:10

  • Crypto | 1:2

After Swing Add-On for all accounts

  • FX | 1:30

  • Indices Metals Energies | 1:10

  • Crypto | 1:1

Instant Account

  • FX | 1:30

  • Indices Metals Energies | 1:10

  • Crypto | 1:2

After Swing Add-On for the instant account

  • FX | 1:20

  • Indices Metals Energies | 1:5

  • Crypto | 1:1

Commissions

FX

  • $5 per lot

Crypto, Indices & Metals

  • $7 per lot

Energy & Stocks

  • $0

Account Sizes

  • One Phase 1 Step | $5k to $200k

  • Pro 2 Step | $5k to $200k, You can choose Weekly or Daily payout at checkout

  • Classic 2 Step | $5k to $200k

  • Instant Account | $5k to $100k

Max Allocation

  • You can merge your accounts up to $200k

Daily & Maximum Loss

  • One Phase 1 Step | Daily Loss 3% | Total Loss 6%

  • Pro 2 Step | Daily Loss 5% | Total Loss 10%

  • Classic 2 Step | Daily Loss 5% | Total Loss 10%

  • Instant Account | Daily Loss 3% | Total Loss 6%

Drawdown

  • Instant accounts: Trailing End of the Day Drawdown

  • All 1 & 2 Steps accounts: Static Equity Based Drawdown

Risk Management

  • During the challenge phase, no strict margin cap or max, lot this allows you to trade your strategy with full flexibility while still showing the responsible risk management

  • 20% margin rule per asset class on funded accounts, first violation will have profit deduction plus a warning, second time will be an account closure

  • Maintain disciplined lot sizing, trading 1 lot then suddenly jumping to 10 lots without a clear plan is NOT allowed

  • Consistently trading an average of 1 lot but then placing a 0.01 lot trade just to reach your minimum trading days is NOT allowed

  • For the instant account 2% maximum loss per trade for the same asset and you may not use more than 80% of available margin at any time

Consistency Rules

  • One Phase 1 Step | 40% on challenge ONLY

  • Pro 2 Step | 45% on challenge ONLY

  • Classic 2 Step | No consistency rule

  • Instant Account | 15%

Minimum Trading Days

  • One Phase 1 Step | None

  • Pro 2 Step | None

  • Classic 2 Step | 4 days can be removed with an add-on

News Trading

Allowed

  • News trading is allowed in all challenges

Not Allowed

  • Can trade in funded account, only with (Swing add-on)

  • Instant Account: Holding a position that was opened more than 2 minutes before a major news release is considered news holding, can trade with (Swing add-on)

Overnight & Weekends Holding

  • Leaving positions open = challenge failure

  • Must close all trades including Crypto by Friday 4:30 PM EST

  • ONLY if you buy the Swing add-on, then you can hold trades overnight & weekends

  • Instant Account: Overnight and weekend holding is allowed

Copy Trading

Allowed

  • You are allowed to use a trade copier across all FunderPro challenges & funded accounts

  • You are allowed to use a trade copier from your FunderPro accounts to an external account, or vice versa

  • All accounts must be under your name

Best website/app to copy trades between your own accounts:

https://bit.ly/4kZqXSJ

Not Allowed

  • Copying trades from another trader’s account (signals, purchased strategies, social copy platforms)

  • Copy trading from different user to FunderPro accounts

Experts

Allowed

  • EA must be customized by you to suit your trading style

Not Allowed

  • Renting, sharing, or using them to exploit unfair advantages or violate our trading rules

VPN/VPS

  • Use paid VPN or VPS, specific IP within specific country each time you connect

  • Free VPN involve multiple users and sharing the same IP address, which can pose security risks and loss of your account

  • Sharing your VPS connection with others is prohibited

Profit Share

  • One Phase 1 Step | Profit Split 80% (add on 90%)

  • Pro 2 Step Daily Payout | Profit Split 60%

  • Pro 2 Step Weekly Payout | Profit Split 90%

  • Classic 2 Step | Profit Split 80% (add on 90%)

  • Instant Account | Profit Split 80% (add on 90%)

Payout Policy

  • One Phase 1 Step | Bi weekly (every 7 days add on)

  • Pro 2 Step | Your choice daily or weekly payout

  • Classic 2 Step | Bi weekly (every 7 days add on)

  • Instant Account | Bi weekly first two payouts capped at 5% of the account balance any exceeding profits remain in your account with no impact on your consistency rule

Scale Up Plan

  • Achieve a 10% profit target each trading month, for 3 consecutive months, result is your account balance is increased by 50%

  • Repeating the process, scaling continues until your account reaches $5,000,000

Inactivity Rules

  • Account would be closed if there is no open/close position in 30 consecutive days

Prohibited Strategies

  • HFT automation

  • High risk martingale

  • High risk scalping

Restricted Countries

Afghanistan
Afghanistan
Belarus
Belarus
Central African Republic
Central African Republic
Congo
Congo
Cuba
Cuba
Haiti
Haiti
Iran
Iran
Iraq
Iraq
Libya
Libya
Mali
Mali
Myanmar
Myanmar
North Korea
North Korea
Somalia
Somalia
Sudan
Sudan
South Sudan
South Sudan
Syria
Syria
Russia
Russia
Ukraine
Ukraine
Venezuela
Venezuela
Yemen
Yemen

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