Click Here | About FunderPro
FunderPro founded in 2023 and led by CEO Gary Mullen, offers innovative trading challenges with flexible rules and multiple payout options, including cryptocurrencies and fiat payouts through Rise. Based in Malta.
Year Founded: FunderPro was established in March 2023.
Founder and CEO: The current CEO of FunderPro is Gary Mullen, who has significantly contributed to the company’s strategic growth in the prop trading space.
Office Address: The headquarters of FunderPro is located at ST Business Centre Balluta, Level 4, 196, Triq Censu Tabone, Saint Julians, Malta.
Challenge Summary: FunderPro offers multiple challenges to assess traders’ abilities before providing access to funded accounts. Challenges cater to different trading styles, including day trading and swing trading options.
Main Trading Rules for Challenges:
- Profit Targets: Typically 14% in Phase 1 and 8% in Phase 2 of the evaluation process.
- Drawdown Limits: Overall drawdown must not exceed 10% of the initial balance.
- Consistency Rule: Traders must demonstrate consistent performance during the verification phase.
Trading Platforms: FunderPro utilizes the TradeLocker platform, known for its advanced trading features, including TradingView™ chart integration.
Payment Methods: FunderPro provides two primary payout methods:
- Cryptocurrencies: Standard USDT payouts remain available.
- Rise Payouts: A new payout method allowing traders to receive funds in various fiat currencies and cryptocurrencies directly to their bank accounts. To use Rise, traders need to enter their email in the payout details and request Rise at payout time.
FunderPro Specific Trading Rules:
- Expert Advisors (EAs): Allowed.
- Copy Trading: Allowed.
- News Trading: Never allowed. However, you can hold open traders over news on Swing Accounts.
- Stop Loss: Optional, not mandatory.
- Weekend Holding: Allowed, especially beneficial for swing trading accounts.
- Scaling Plan: Available, with potential account balance increases of 50% every three months, up to $5 million, based on performance.
- Refund Fees: 100% challenge fees will be refunded with the first payout. Other refunds are available for accounts that are not activated or have no trading activity.
Key Information:
- Based Country: Malta.
- Founded Since: 2023.
Explore Previous Valuable Insights!
Well funder pro has changed my way of…
Well funder pro has changed my way of trading. I do miss the trial bit but as soon as they dropped it it was down to me. So many years of trying to make this work and funded trader woke me up. Phase 1 done. Onto phase two. The 45% rule works but i wish that wasn’t in place so hard to adhere to that. Hopefully I have many years with funded trader
Sky is the GOAT!!!!
I just want to say that Sky from discord has been the most helpful assistant yet!
He’s extremely efficient and helpful and sorted everything out for me in a matter of minutes. If you need any ring regards an issue you facing message him directly and he will sort you out !
Thanks a lot sky !
Funderpro is a professional propfirm
I like Funderpro as a prop firm. They have great features and pretty good pricing for those features. On my last funded account, the payouts were processed quickly so you could get back to trading once the withdrawal request was confirmed. With my fastest payout being 21 seconds and my longest was about 40mins, it’s the fastest payouts out of any prop firm I’ve traded with. For this reason I ended up buying a bunch of extra 200k challenges as back ups because I only want to trade with them from now on. They currently offer 3 type of accounts, Regular, fast track, and swing account. The leverage they offer on regular and fast track is more than enough with great drawdown amount. Their website is very user friendly with payment options of card payments and crypto. They even have a discord channel to get more info from their mods.
I do not see myself trading with any other prop firm unless they go above and beyond what FunderPro has set the bar to.
Tradelocker does have its bugs now and then but FunderPro has mentioned they will be adding more trading options to pick from soon.
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My issues were resolved and look forward to continue trading with FunderPro.
Thank you Sky and support/tech team for the help!
SCAM !! AVOID AVOID
I must point out that since I have been in trading and it has been almost four years this is the worst company I have ever dealt with.My situation was as follows ,.I wanted to open a buy position using my phone, I moved the TP position to certain level then,I touched the SL line to move it to bottom of the chart.I wanted to set the stop loss quite tight and when the SL line touched the chart i.e. met the first candle of the price the position automatically closed before I press confirmation “ BIG BLUE RECTANGLE BUTTON “CONFIRM”SL position,I tried to contact many times through official platform as well as on Discord and directly on the email ,they ignored me,giving some nonsense information about slippages that have nothing to do with what I’m talking about here. You don’t have to be a NASA engineer to understand the simplicity of what happened on this platform. This platform is set up and manipulated with such an algorithm to rob people of their money. I only understood it when I started reading other opinions of people who had very similar situations. I warn you, do not give these thieves your money. This is the worst decision you can make. I will warn all traders on all groups and wherever possible so that no one ever buys any challenges.I also wanted to add that when I tried to contact via Discord, the first person who replied to me was a human and then they connected a BOT to the conversation which was very emotional and regretted my claim until it finally blocked me and banned me for 24 hours🤣😄.
Fortunately the position I opened and the money I lost was small but it quickly gave me a clear insight into the overall Platform and company and I knew right away that if I bought one of the largest accounts there was no chance that there would be even greater manipulation.If someone is already trading on this platform, be careful and do not open a position on BTCUSD, the spread will eat you up
Not a place for scalpers.
FunderPro as a company seems ok. Customer Service is fast and knowledgeable. The rules are clearly stated out and simple to follow. But man, this is not a place for scalpers. The spread and/or latency/slippage is awful. I’ve watched price and spread go pass SLs, Seen price and spread go pass TPs only to end the trade after retracement, above/below set price. I’ve seen orders executed completely outside of the spread shown on their TradeLocker interface. Never really noticed intra day trading, but when I scalp I notice I lost about 10% more than expect and wins were a little lighter. Example w/ a 10pip SL on GU with 9.3 lots The risk is $930 + $65 for the commission, but yet I would lose $1095 if TP got hit.
FunderPro is the ONLY prop firm for me!
FunderPro is the ONLY prop firm made by Traders for Traders I’ve tried a couple other prop firms but the rules and restrictions make it almost impossible to get funded.
FunderPro is also the ONLY prop firm that rewards consistency with an ACTUAL funded account with REAL CAPITAL!
sweetsauce… loading 6-figure trader …
Informational
Even though the markets are closed, I was able to talk with the AI chat they have and got all my questions answered!
The AI was clear with its answering, used good examples, even used my examples to help with clarifying if I was understanding things properly.
Looking forward to working with Funderpro since last time I used their services was not as clear or as good. Whatever changed since then I’m all for!!
Daily payouts is the new norm!
i wont go into the small and fine prints since each firm have different rules and some do not even want to read the FAQ.
the most important is do they pay? and
do they pay daily?
yes and yes….
so no matter the system you use, there is no firm that is able to pay daily and also encourage you to withdraw the money from the markets…
soooo just for this reason they deserve 6/5 stars.
i mean why we are trading? why we do this? for the money obviously, so this is the most important thing for me at least 🙂
FunderPro might be the first firm i’ll ever share a affiliate code for.
FunderPro offers a reliable and efficient trading experience. As a former MT4/5 user, I found their Tradelocker platform to be stable and user-friendly. The direct payouts are processed quickly, and the overall automation is impressive – everything runs smoothly without delays.
What sets FunderPro apart is their excellent system implementation. I haven’t needed to contact support once, which is rare in the prop firm industry. Their rules are straightforward and comparable to basic requirements at other firms, making compliance easy for traders who read them carefully.
Overall, FunderPro stands out as an exceptional prop firm. Their combination of platform stability, fast payouts, and hassle-free operations makes for a great trading environment. I’m definitely sticking with them for the long haul.
Support team and user experience has…
Support team and user experience has been nothing short of 10/10. Could not recommend a better prop firm!
Great customer service …
Recently I have reviewed this company with a bad review becouse of emotions and frustration but the company responded with the correct response and made m feel bad about emotional review
The reason the are great is they really great company and concerns for their clients
I had such a positive experience
I had such a positive experience! FunderPro is incredibly quick and reliable, and I felt like I could really trust them. The customer service was also amazing – friendly and helpful. Sound out for Sky. The discord is very active, the mod and support staff are always online. Highly recommend!
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