CEOGary Mullen
Country
flag
MT
Date Created2/1/2023
Years in Operation3.5
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

Classic & Pro 2-Step

  • Forex: 1:100

  • Indices: 1:30

  • Metals: 1:30

  • Energies: 1:30

  • Shares: 1:5

  • Crypto: 1:2

One-Phase

  • Forex: 1:50

  • Indices: 1:10

  • Metals: 1:10

  • Energies: 1:10

  • Shares: 1:3

  • Crypto: 1:2

Swing Add-On

  • Forex: 1:30

  • Indices: 1:10

  • Metals: 1:10

  • Energies: 1:10

  • Shares: 1:2

  • Crypto: 1:1

Instant Account

  • Forex: 1:30

  • Indices: 1:10

  • Metals: 1:10

  • Energies: 1:10

  • Crypto: 1:2

Instant + News Trading Add-On

  • Forex: 1:20

  • Indices: 1:5

  • Metals: 1:5

  • Energies: 1:5

  • Crypto: 1:1

Commissions

  • Forex: $5 per lot

  • Crypto, Indices & Metals: $7 per lot

  • Energy & Stocks: $0

Account Sizes

  • One-Phase: from $5,000 to $200,000

  • Pro 2-Step: from $5,000 to $200,000

  • Classic 2-Step: from $5,000 to $200,000

  • Instant Account: from $5,000 to $100,000

Max Allocation

  • You can merge your accounts up to $200k

Daily & Maximum Loss

  • One-Phase: Daily Loss 3% / Maximum Loss 6%

  • Pro 2-Step: Daily Loss 5% / Maximum Loss 10%

  • Classic 2-Step: Daily Loss 5% / Maximum Loss 10%

  • Instant Account: Daily Loss 3% / Maximum Loss 6%

Drawdown

  • Instant accounts: Trailing End of the Day Drawdown

  • One-Phase: Static Equity-Based Drawdown

  • Pro 2-Step: Static Equity-Based Drawdown

  • Classic 2-Step: Static Equity-Based Drawdown

Risk Management

Challenge Accounts

  • There is no strict margin cap or maximum lot-size restriction during the Challenge phase.

Funded Accounts

  • A 20% margin cap applies per asset class.

Asset classes are grouped as:

  • FX

  • Metals

  • Energies

  • US & EU Indices

  • Shares

  • Crypto

  • All trades within the same asset class are combined when calculating margin usage.

  • The first violation results in profit deduction from the breaching trades and a warning. A second violation results in account closure.

Instant Account

  • Maximum risk is 2% per trade idea.

  • The account may not use more than 80% of available margin at any time.

Consistency Rules

  • One-Phase: 40% on Challenge only.

  • Pro 2-Step: 45% on Challenge only.

  • Classic 2-Step: No Consistency Rule.

  • Instant Account: 15%.

The applicable consistency requirement must be satisfied before the relevant payout/reward conditions are met.

Minimum Trading Days

  • One-Phase: No minimum Trading Days.

  • Pro 2-Step: No minimum Trading Days.

  • Classic 2-Step: 4 Trading Days.

The 4-day requirement for Classic can be removed by purchasing the applicable 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 trading designed to resemble gambling

  • Excessive overleveraging

  • Account or lot-sizing techniques intended to bypass drawdown controls

  • Latency arbitrage

  • Hedge arbitrage

  • Scalping arbitrage

  • Gap exploitation

  • Artificially flooding the market with extremely small trades

  • Copy Trading from another trader

  • Collusion between accounts

  • Opposing positions designed to manipulate results

  • Weekend/overnight gap exploitation

For Instant Accounts, Martingale and Grid strategies are specifically identified among prohibited high-risk/gambling behaviours.

Restricted Countries

Afghanistan
Afghanistan
Belarus
Belarus
Central African Republic
Central African Republic
Cuba
Cuba
Iran
Iran
Iraq
Iraq
North Korea
North Korea
Sudan
Sudan
South Sudan
South Sudan
Syria
Syria
Russia
Russia
Ukraine
Ukraine
Venezuela
Venezuela
Yemen
Yemen

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