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Overview of FunderPro
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TheTrustedProp
Date: August 24, 2024
In the ever-evolving world of prop trading, finding a firm that aligns with your trading style, goals, and expectations can be a challenge. Enter FunderPro, a proprietary trading firm that stands out by offering real capital to traders, ensuring they engage in genuine market environments. Founded on February 23, 2023, and led by CEO Gary Mullen, FunderPro Ltd. has quickly established itself as a trusted name in the industry. In this article, we'll dive deep into what FunderPro offers, its unique features, and why it might be the right choice for aspiring traders.
Company Background
Legal Information and Registration
- Legal Name: FUNDERPRO Ltd
- Company Number: C 104558
- Country of Registration: Malta (MT)
- CEO: Gary Mullen
- Support Email: [email protected]
- Phone: Not available
Website: https://funderpro.com
What Makes FunderPro Unique?
Real Capital Funding
FunderPro is not just another prop firm. It differentiates itself by funding traders with real money, not simulated capital. This approach builds a foundation of trust and ensures that traders are engaging in the live market, where their success directly translates to real profits. This real-money funding is a significant advantage for traders who are serious about their careers.
Multiple Challenge Types
FunderPro offers three distinct types of challenges to cater to different trading styles:
- Fast Track (1-Phase Challenge)
- Regular (2-Phase Challenge)
- Swing (2-Phase Challenge)
Each challenge is designed to accommodate various trading strategies, whether you're a day trader, a swing trader, or someone who prefers a more accelerated route to getting funded.
Wide Range of Trading Instruments
Traders with FunderPro have access to a diverse range of instruments, including:
- Forex
- Indices
- Metals
- Crypto
These instruments provide ample opportunities for traders to diversify their strategies and maximize their potential returns.
Innovative Trading Platform
FunderPro utilizes TradeLocker, a next-gen trading platform that offers full TradingView chart integration, custom indicators, and an intuitive interface designed for both novice and experienced traders. This platform ensures that traders have the tools they need to make informed decisions quickly and efficiently.
FunderPro Challenges: A Detailed Breakdown
Fast Track (1-Phase Challenge)
The Fast Track challenge is perfect for traders who want to quickly prove their skills and get funded. Here's what you need to know:
- Max Daily Drawdown: 4%
- Max Overall Drawdown: 7%
- Leverage: Up to 1:50
- Profit Split: 80%
- Account Sizes: $25,000 to $200,000
- Refundable Fee: Yes, the challenge fee is refunded upon successful completion.
This challenge is designed for traders who are confident in their strategies and are ready to hit the ground running.
Regular (2-Phase Challenge)
The Regular challenge offers a more traditional approach, with two phases to assess a trader's consistency and profitability:
- Max Daily Drawdown: 5%
- Max Overall Drawdown: 10%
- Leverage: Up to 1:100
- Profit Target: 10% in Phase 1, 8% in Phase 2
- Account Sizes: $5,000 to $200,000
- Refundable Fee: Yes, refunded upon successful completion.
This challenge is ideal for traders who prefer a more measured approach, allowing them to demonstrate their skills over a longer period.
Swing (2-Phase Challenge)
The Swing challenge is tailored for traders who prefer holding positions over news and weekends:
- Max Daily Drawdown: 5%
- Max Overall Drawdown: 10%
- Leverage: Up to 1:30
- Profit Target: 10% in Phase 1, 8% in Phase 2
- Account Sizes: $5,000 to $200,000
- Refundable Fee: Yes, refunded upon successful completion.
This challenge is perfect for trend traders who need the flexibility to hold positions for extended periods.
Key Features of FunderPro
Daily Payouts
One of the standout features of FunderPro is the ability to request payouts from the very first trade. With an average processing time of just 8 hours, traders can access their earnings quickly and efficiently.
80% Profit Split
FunderPro offers a generous 80% profit split, allowing traders to keep the lion's share of their earnings. This profit split applies across all account sizes and challenge types.
No Hidden Rules
Transparency is a core value at FunderPro. There are no hidden rules or fees beyond the initial challenge fee, which is refunded upon successful completion. This commitment to transparency helps build trust with traders.
Real Money Accounts
Unlike many other prop firms, FunderPro funds traders with real money. This means that when you trade, you are interacting with the live market, not a simulated environment. This approach not only builds confidence but also ensures that your profits are real and can be withdrawn at any time.
Flexible Scaling Options
FunderPro offers traders the opportunity to scale their accounts up to $5 million. By consistently hitting a 10% profit target for three consecutive months, traders can increase their account balance by 50%, allowing them to grow their trading career significantly.
Advanced Risk Management
With tools like stop-loss, take-profit, and risk calculation features built into the TradeLocker platform, FunderPro ensures that traders have all the necessary tools to manage risk effectively.
Payout Process and Methods
Fast and Reliable Payouts
FunderPro ensures that traders can request payouts as soon as their account is in profit by at least $100. The payout process is straightforward, with an average processing time of just 8 hours, ensuring that traders receive their funds quickly.
Payment Modes
FunderPro supports a variety of payment methods, including:
- Crypto: USDT (ERC20)
Credit/Debit Card: Available for challenge purchases
Withdrawal Methods
Currently, FunderPro offers withdrawals exclusively in Crypto (USDT ERC20), ensuring a fast and secure transfer of funds to traders' wallets.
Customer Support
24/7 Support
FunderPro prides itself on offering top-notch customer support. Traders can reach out via live chat, email ([email protected]), or through the platform's dedicated support channels. The support team is available 24/7, ensuring that help is always at hand.
In-House Experts
The support team consists of industry experts who understand the challenges and nuances of trading. This expertise ensures that traders receive accurate and helpful guidance whenever they need it.
FunderPro Affiliate Program
Become an Affiliate
FunderPro's affiliate program allows traders to earn additional income by referring others to the platform. Affiliates receive a share of every sale made through their referral link, with no limits on the number of referrals.
Weekly Payouts
Affiliates are paid every Friday, provided they have earned at least $100 in commissions. This regular payout schedule ensures that affiliates can count on a steady income stream.
Real-Time Tracking
The affiliate portal offers real-time tracking of sign-ups, conversions, and commissions, allowing affiliates to monitor their performance and optimize their strategies.
Conclusion
FunderPro Ltd. is setting a new standard in the prop trading industry by offering real capital, transparent processes, and innovative tools that empower traders to succeed. Whether you're a seasoned trader or just starting, FunderPro provides the resources and support you need to thrive in the markets. With its unique challenges, advanced trading platform, and commitment to transparency, FunderPro is a prop firm that truly has the trader's best interests at heart.