Introduction

Soar Funding is a new prop firm that lets traders access their funded accounts after passing challenges. Their rules are quite clear and the firm promises affordable fees and fair profit splits. While compared to other firms it feels transparent and trustworthy.

What is Soar Funding?

Soar Funding is a UK based prop trading firm that allows traders to get access to funded accounts after passing challenges that imitate real market conditions.

Traders pick one of their challenges, meet profit targets under clear rules then once approved, they can trade with the firm's capital and earn profit splits.

Key features include allowing Expert Advisors, providing support 24/7, offering tight spreads and realistic pricing and giving up to $300,000 of funding depending on the plan.

The terms make clear that initial trading is in a simulated setting like demo or challenge account to qualify for funding.

Soar Funding Evaluation Models & Challenges

Soar Funding is a UK based forex, crypto and indices prop firm, offers 2 main trading challenges to help traders earn funded accounts. Their evaluation models are transparent, with no time limits, fair fees and clear profit targets. This Soar Funding review covers each challenge’s rules, account sizes, strategies and profit splits.
 

1-Step Challenge

Challenge Details
 

The 1-Step Challenge is the faster path to a Soar Funding funded account. It requires traders to hit a profit target in one phase. With tighter risk rules, it suits aggressive traders who want to get prop firm funding without multiple challenges.
 

Profit Target, Drawdown Rules & Trading Conditions to Pass the Challenge

• Profit target: 10% based on the high water mark (HWM) of account equity.
• Daily Drawdown: 3% fixed on equity or balance at the end of the day.
• Maximum drawdown: 8% trailing, which means it tracks your highest equity point, so if you increase account equity, the maximum allowable loss also changes.

Account Size and Challenge Fee

• Available account sizes range from approx US $10,000 up to US $200,000.
• Challenge Fee starts from around $90 for the $10,000 account. As the account size increases, the fee also increases.

Trading Strategies Allowed During Challenge Phase

• Expert Advisors or algorithmic trading is allowed, but Expert Advisors may need to be approved as per the Soar Funding risk rules.
• Instruments like Forex, metals, indices, crypto, oil, etc. are available.
• Trades generally cannot be opened or closed 5 minutes before or after high-impact News Trading unless you have purchased a special news trading add-on.

Profit Split & Payout Frequency

• First payout: 100% profit split once you make your first withdrawal after 30 days of funded trading.
• Next payouts: 80% profit split, with optional upgrade gives share up to 90%
  Payouts occur bi-weekly after the initial waiting period. 

2-Step Challenge

Challenge Detail:
 

The 2-Step Challenge is a more planned evaluation model, giving traders 2 phases to complete before moving to a Soar Funding funded account. It is known to be easier in some aspects like fixed drawdown and is good for those who want more risk cushion or prefer splitting the evaluation into stages. It is also typical in many low-cost challenges from prop firms, but here Soar Funding aims to keep it equal.
 

Profit Target, Drawdown Rules & Trading Conditions

• Phase 1 profit target is 8%, Phase 2 profit target is 6%, which is based on equity's high-water mark or balance.
• Daily drawdown: 4% fixed on equity or balance, whichever is higher at the end of the day.
• Maximum overall drawdown: 8%.

Account Size and Challenge Fee

• Same ranges from US $10,000 up to US $200,000 accounts.
• Challenge Fee starts lower than or similar to 1-Step for the smaller accounts. For example, around $80 for a $10,000 account in 2-Step. As the account size increases, the fees also go up.

Trading Strategies Allowed

• Strategy flexibility is similar: forex, indices, crypto, metals etc. are allowed.
• Experts Advisors / algorithmic trading is allowed under risk rules.
• Same restrictions on news trading around high-impact events unless add-on purchased.

Profit Split & Payout Frequency

• First payout after meeting the funding stage and 30 days. 100% profit split.
• Next Payout: 80% profit split, with possibility of higher split. For example, 90% via optional add-ons.
• Payouts occur bi-weekly after the initial withdrawal.

Challenge types

Our Verdict on Soar Funding Challenge Accounts
 

Soar Funding is one of the most promising prop firm options, especially for those who value transparency, good profit splits and lower upfront risk. It is not yet perfect, there are stricter risks in some challenge types, firm still new. But for many traders it offers a better deal than many established firms with more complicated terms.

Soar Funding Rules

When you pass the Soar Funding review and get a Soar Funding funded account, you are stepping into a funding environment where both opportunity and responsibility go hand in hand. Soar Funding is praised for being a transparent prop firm, offering low-cost challenges, no time limit, Expert Advisors friendly trading rules and attractive profit splits. But to keep your funded account active and ensure payout, you must follow the rules strictly.
 

Rules to Follow

Trading Consistency Rules

• Once you are funded, no single trading day may account for more than 40% of your total earnings.
• If one day becomes more than 40% of your total profits, you must keep trading until your total profits increase so that the profit from that big profit day becomes less than or equal to 40% of all profits.

Inactivity Rule

• In Soar Funding's Terms of Service, there is no clause explicitly adding that a funded or challenged account gets closed, disabled or penalized after some period of inactivity.
• There is no minimum number of trades required over a time period to keep the account active mentioned explicitly.
• No inactive fee/dormancy fee or account dormancy policy is listed in their public rules as of now.

Potential Risks

Access & Trading Conditions 
 

When evaluating a prop firm, the access and trading rules are key to decide, whether it is worth your time and strategy. Soar Funding, known as a transparent prop firm with low-cost challenges, aims to offer favorable conditions for traders across forex, crypto, indices and more.
 

Key Features

• Profit targets: Must hit the specific targets to qualify.
• Time limit: Challenges have no time duration in this firm.
• Profit Split: 100% on the first withdrawal, 80% after that.
• Assets: 100 + instruments like forex, crypto, indices, metals, oil.
• Trading Style: Expert Advisors and algorithm trading are allowed in this firm.
• Conditions: Realistic simulations with lower spreads and faster execution.
• Support: 24/7 support is available from the firm side.
• Legal Note: It is not a broker, no deposits, access may depend on local laws.

Our Verdict on Platform Access supported by Soar Funding
 

Soar Funding offers flexible, transparent and trader friendly conditions with unlimited time, generous profit splits, and broad asset access. The main caution is unclear details on exact risk limits (daily loss, max drawdown) Overall, a solid choice for traders looking for a transparent, low-pressure prop firm.

Soar Funding Trading Instruments
 

Soar Funding gives traders access to a wide and diverse range of instruments, by allowing flexibility in trading strategies. Whether you prefer crypto, forex pairs or exp indices and metals, there is something in their asset list to match.

Trading Instruments Details

Soar Funding supports many different trading instruments, each with its own features.

• Forex: Major and minor currency pairs. These are the backbone for many of the traders who are looking for liquidity and leverage.
• Metals: Precious metals like gold, silver are included. Useful for trading, volatility or diversifying beyond just currencies.
• Indices: Global stock indices are part of the offerings. These let you trade all market movements rather than trading in just one stock.
• Crypto: Include the major cryptocurrencies. Traders who are interested in high volatility or digital assets can use these options.
• Oil and Energy: Oil is specifically mentioned among the instruments. This gives a chance to benefit, which is based on how the energy market moves.

Our Verdict on Trading Instruments
 

The trading instrument selection at Soar Funding is very good. For most of the traders, it provides enough flexibility to implement many types of strategies, risk management and explore both stable and volatile markets. As long as the trader pays attention to leverage and fees, the range of instruments is an important advantage.

Soar Funding Payout Process and Reward System

With Soar Funding, your first payout comes after 30 days and gives you a 100% profit split. From the next payout you can withdraw profits every two weeks with an 80% split. It can scale up to 90% with some add-ons. A minimum of 1% profit is required to request for a payout process and accounts can grow up to $300K.

Profit Split

• On your first payout after you pass the challenge, you can get a 100% profit split.
• After that, the next payouts are 80%, which is you and 20% to the firm. There is an add-on option to get up to 90% profits in later splits

Payout Time and Frequency

• The first payout becomes available after 30 days.
• After that, your next withdrawals can be done bi-weekly. Which means every two weeks.

Payout Methods

• Bank Transfer which is known as wire transfer.
• Cryptocurrency payout method.

Soar Funding Payout Eligibility

• You must have a funded account. That is, you passed either the 1-Step or 2-Step challenge.
• You need at least 1% profit on the funded account, then only you are able to request a payout.
• The first payout is only available after 30 days of live funded account trading.

Soar Funding Payout Conditions by Account Type
 

There are 1-Step and 2-Step challenge types in Soar Funding.

• For the two-step account:
  1.Phase 1 profit target is 8% equity high-water mark (HWM)
  2.Phase 2 profit target is 6% equity HWM.
  3.Fixed maximum drawdown is 8% of equity.
  4.Daily drawdown limit is 4%, end-of-day based on equity or balance, whichever is higher for 2-step.
   
• Other general rules applicable to all funded accounts:
  1.Trades must be held for at least 2 minutes.
  2.No trading within 5 minutes before or after high-impact news announcement unless you have purchased a news-add-on.
  3.Consistency rule: No single trading day may contribute more than 40% of total profits.

How fast are Soar Funding payouts processed?

First payout: After 30 days of live trading.
Next payouts: Every two weeks
Minimum profit limit: 1% for a payout request.
 

Soar Funding Scaling Plan

Right now, Soar Funding does not have a formal scaling plan.
There is a limit on the maximum trading capital. you can only have up to US $300K funded allocation per trader.
 

How to pass Soar Funding

• Focus on consistency. Avoid trying to make your target all in one big few trades, days where your profits don't swing wildly tend to help with consistency rules.
• Keep in mind the drawdowns and daily loss limits. Don't rush too hard. Better to stay well under fixed and daily drawdown limits than hit them.
• Use add-ons if needed. If rules are beyond your style, using the news add-on is worth considering.
• Trade with sufficient hold time. Some trades must be held for a minimum time, don't scalp so fast that you accidentally violate that.
• Be clear on rules before starting: Know the profit targets, max loss, daily loss, etc. Whether you are doing the 1-step or 2-step challenge.
• Use proper position sizing, avoid overleveraging and don't accumulate too many open trades that could hurt you during volatile moments.
• Good trade setups are greater than many trades.

Final words

If you are aiming for a funded account with Soar Funding, you are in a good space. The terms seem fair, the firm seems satisfied with clear rules. With proper trading, good risk management and following the challenging rules, many traders believe this is one of the user friendly prop firms.
 

Real User Feedback & Trust Factor About Soar Funding Prop Firm

• On Trustpilot, Soar Funding has a 4.5 / 5 score from around 14 reviews, with many 5 star reviews. Users praise transparency, tight spreads, good support and no hidden rules.
• One user said ‘It was the best prop firm’ they have used so far, especially compared to firms that add hidden rules or sneak in restrictions after payouts.
• Feedback also calls out how quick support responds. Some users report minor technical issues early on but that they were resolved quickly and overall experience has been smooth.
• Users like the optional add-ons for news trading etc. and more flexible trading conditions.

What We are Seeing Across the Soar Funding Community

• As a new prop firm, many traders are excited by the clean rules, no hidden stuff. People are comparing it favorably to older firms with confusing rules.
• Community discussions suggest that many are midway through challenges and appreciate the spreads, commissions and transparency.
• Some concerns notes too: Because it is new, users ask about the reliability of long term rule enforcement, how smoothly payouts will scale and how many traders will reach the funding stage. But so far, no major red flags in public reviews.

Should You Trust Soar Funding?

• Soar Funding is fairly new and is registered in the UK under Soar Software LTD.
• Their rules, profit splits, drawdowns, challenge options are clearly published and seem transparent.
• On the other hand, being new always brings risk. It has limited long term history, fewer large-scale feedbacks and few years of proof compared to legacy prop firms.
• Trustpilot reviews are generally positive but numbers are small. Real users seem happy with clarity, support and lack of hidden catches so far.

Final Verdict

Soar Funding is worth considering in 2025, if your trading style matches their challenge models. If you are a trader who values fairness, transparent rules, good profit split and is not relying on very exotic or risky methods, Soar Funding seems like a strong choice in 2025.
 

Stay Updated on The Trusted Prop for Discount Offers and Cashbacks

To know more value out of prop firm funding,

• Follow The Trusted Prop, we publish discount codes, cashback deals and promotional offers for challenging fees. Soar Funding is listed here and may occasionally appear in promotions.
• Subscribing to mailing lists of Soar Funding itself, the firm may send newsletter promo codes like lower challenge fees, add-on discounts.
• Join trader communities like Discord, Reddit, Telegram which focused on funded trading, traders often share current offers.

• Before buying add-ons, make sure the benefit matches to your style.