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PropFirm
Ryze Funding


Doubtful


Overview of Ryze Funding Forex Prop Firm

TheTrustedProp
Date: May 11, 2024

In the fast-paced world of financial markets, gaining access to trading capital can be a significant hurdle for aspiring traders. Ryze Funding, a proprietary trading firm, is here to change that narrative. Founded in 2021 and registered in Atlanta, Georgia, USA, Ryze Funding, legally known as Ryze Money Inc., has quickly become a trusted platform for traders worldwide. Let's dive into the details of this game-changing venture and how it can help you achieve your trading goals.

The Company Behind Ryze Funding

Ryze Funding is led by its CEO, Daniel Akesson, and is based in the UK. The company is dedicated to leveling the playing field for traders, offering them the tools, resources, and funding needed to succeed in the dynamic and challenging world of proprietary trading.

The Challenge Programs

Ryze Funding offers two distinct Challenge Programs, each designed to provide traders with a clear path to accessing trading capital.

2-Phase Challenge Details

Phase 1

  • Profit Target: 8%
  • Max Trading Days: Unlimited
  • Daily Drawdown: 5%
  • Max Drawdown: 12%

Phase 2

  • Profit Target: 5%
  • Max Trading Days: Unlimited
  • Daily Drawdown: 5%
  • Max Drawdown: 12%

Funded

  • Payout Ratio up to 95%
  • Max Trading Days: Unlimited
  • Daily Drawdown: 5%
  • Max Drawdown: 12%

Account Sizes

  • $500
  • $1,000
  • $2,500
  • $5,000
  • $10,000
  • $25,000
  • $50,000
  • $100,000
  • $150,000
  • $250,000

2-Phase Challenge (Plus+) Details

Phase 1

  • Profit Target: 8%
  • Max Trading Days: 60
  • Daily Drawdown: 5%
  • Max Drawdown: 15%

Phase 2

  • Profit Target: 5%
  • Max Trading Days: 120
  • Daily Drawdown: 5%
  • Max Drawdown: 15%

Funded

  • Payout Ratio up to 95%
  • Max Trading Days: Unlimited
  • Daily Drawdown: 5%
  • Max Drawdown: 12%

Account Sizes

  • $500
  • $1,000
  • $2,500
  • $5,000
  • $10,000
  • $25,000
  • $50,000
  • $100,000
  • $150,000
  • $250,000

3-Phase Challenge Details

Phase 1

  • Profit Target: 8%
  • Max Trading Days: Unlimited
  • Daily Drawdown: 5%
  • Max Drawdown: 12%

Phase 2

  • Profit Target: 5%
  • Max Trading Days: Unlimited
  • Daily Drawdown: 5%
  • Max Drawdown: 12%

Phase 3

  • Profit Target: 3%
  • Max Trading Days: Unlimited
  • Daily Drawdown: 5%
  • Max Drawdown: 12%

Funded

  • Payout Ratio up to 95%
  • Max Trading Days: Unlimited
  • Daily Drawdown: 5%
  • Max Drawdown: 12%

Account Sizes

  • $500
  • $1,000
  • $2,500
  • $5,000
  • $10,000
  • $25,000
  • $50,000
  • $100,000
  • $150,000
  • $250,000

3-Phase Challenge (Plus+) Details

Phase 1

  • Profit Target: 8%
  • Max Trading Days: 60
  • Daily Drawdown: 5%
  • Max Drawdown: 15%

Phase 2

  • Profit Target: 5%
  • Max Trading Days: 120
  • Daily Drawdown: 5%
  • Max Drawdown: 15%

Phase 3

  • Profit Target: 3%
  • Max Trading Days: 120
  • Daily Drawdown: 5%
  • Max Drawdown: 15%

Funded

  • Payout Ratio up to 95%
  • Max Trading Days: Unlimited
  • Daily Drawdown: 5%
  • Max Drawdown: 12%

Account Sizes

  • $500
  • $1,000
  • $2,500
  • $5,000
  • $10,000
  • $25,000
  • $50,000
  • $100,000
  • $150,000
  • $250,000

Key Features

Ryze Funding offers a range of features to support traders on their journey to success:

  • Balance-Based Drawdown
  • 15% Bonus From Phase 1+2
  • 150% Fee Refund
  • 2x Your Capital When Scaling
  • No Consistency Rules
  • Zero Commissions
  • 1:500 Leverage
  • Hold Trades Over Weekends

Withdrawals Powered by Wise

Ryze Funding provides multiple withdrawal options, with Wise as the primary method. Traders can also choose from Direct Bank Transfer, Binance, Coinbase, PayPal, and Revolut. With a starting profit split of 85%, increasing up to a maximum of 95% as your account scales, Ryze Funding ensures that you receive your earnings promptly.

FAQs

As a trader, you are allowed to copy trades from your own account or from external/internal sources, such as a prop firm or retail broker, as long as the trades are your own. However, copying trades between accounts not owned by the same individual is strictly prohibited.

Traders are permitted to use expert advisors, bots, and trade copiers without prior approval. However, certain types of EAs, such as High-Frequency Trading (HFT) EAs, Arbitrage EAs, Tick scalping EAs, Multi-account reverse trading EAs, and those designed to abuse servers, are prohibited.

Traders are allowed to trade during all news releases, but responsible risk management is essential during volatile market conditions. Placing both buy stops and sell stops on the same instrument ahead of a news release is considered gambling and is not permitted.

Traders are permitted to hold positions overnight, including over the weekend, for all accounts and phases.

Ryze Funding rewards skilled traders who consistently generate profits. The scaling plan allows eligible traders to increase their initial account balance by 2x, up to a maximum of $3.0 million per trader. The profit split ratio also increases to 95/5%. Loss limits are adjusted accordingly.

While Ryze Funding doesn't currently offer trial accounts, they plan to introduce free trial accounts in Q4 of 2023, providing traders with the opportunity to experience their services before committing.

Ryze Funding offers a diverse range of instruments across five categories: Forex, Indices, Crypto, Metals, and Energies. There are no specific lot size limits, but traders are encouraged to manage risk wisely.

PropFirm
Ryze Funding


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