Company Information

Company Name: DNA Funded
Company Legal Name: Prop Trade Tech Pty Ltd
Company Registration No.: ABN 71 661 045 950
Operating Since: October 30, 2024
CEO Name: Undisclosed

Challenge Details

DNA Funded offers three different challenge programs: 1 Phase, 2 Phase, and Rapid. Here’s a breakdown of each plan:

1 Phase

Pricing:

$5,000 Account: $59
$10,000 Account: $89
$25,000 Account: $179
$50,000 Account: $319
$100,000 Account: $619
$200,000 Account: $1,209

Rules:

Profit Target: 10%
Total Loss: 6%
Daily Loss: 5%
Profit Share: 80%, up to 90%
Drawdown Type: Trailing Drawdown
Time Limit: Unlimited
Leverage: For Forex - 1:30, For Commodities, Indices, Stocks - 1:10, For Crypto - 1:2
Max Lot Size: No Limit
Payout Frequency: 14 Days
Allows Copy Trading: Only in the evaluation phase
Min Trading Days: 3 Days

2 Phase

Pricing:

$5,000 Account: $49
$10,000 Account: $79
$25,000 Account: $159
$50,000 Account: $289
$100,000 Account: $549
$200,000 Account: $1,079

Rules:

Profit Target (Phase 1): 10%
Profit Target (Phase 2): 5%
Total Loss: 10%
Daily Loss: 6%
Profit Share: 80%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: For Forex - 1:50, For Commodities, Indices, Stocks - 1:10, For Crypto - 1:2
Max Lot Size: No limit
Payout Frequency: 14 Days
Allows Copy Trading: Only in the evaluation phase
Min Trading Days: 3 Days

Rapid Challenge

Pricing:

$10,000 Account: $99
$25,000 Account: $189
$50,000 Account: $329
$100,000 Account: $549

Rules:

Profit Target: 5%
Total Loss: 5%
Daily Loss: 4%
Profit Share: 80%, up to 90%
Drawdown Type: Trailing Drawdown
Time Limit: Unlimited
Leverage: For Forex - 1:30, For Commodities, Indices, Stocks - 1:10, For Crypto - 1:2
Max Lot Size: No Limit
Payout Frequency: 14 Days
Allows Copy Trading: Only in the evaluation phase
Min Trading Days: 3 Days

Scaling Plan

Currently, DNA Funded does not offer a scaling plan.

Spreads and News Trading Rules

Spreads:

Spreads offered by DNA Funded are as low as 0.1 pip. For a more detailed info, Traders can check their spreads page: DNA Markets Spreads.

DNA Funded has also provided a demo account to test the trading conditions on their TradeLocker platform.

Login ID: support@dnafunded.com
Password: 5pa1PA$=!814
Server: PTTSER

News Trading Rules:

DNA Funded allow traders to trade during news but traders must avoid trading 10 minutes before and after any major data releases.

Other Important Rules

Daily Drawdown Calculation:

DNA Funded calculates daily drawdown based on Equity or balance whichever is higher at the end of the day at 10:00 PM UTC. The drawdown limit can increase or decrease as the account balance grows or shrinks.

Countries Banned from Purchasing:

DNA Funded does not offer their services to these countries :-

Australia
Cuba
Iran
Lebanon
Syria
North Korea
Libya
Russia
Sudan
Somalia

Prohibited Trading Strategies:

DNA Funded strictly prohibits traders from using these trading strategies :-

High-frequency trading (manual or bot)
Hedge arbitrage trading
Tick scalping
Grid Trading
Martingale
One-sided betting
Latency arbitrage trading
Reverse arbitrage trading
Copying trades from other traders

Violation of these rules will lead to account termination!

Payout Methods:

DNA Funded process payouts via these payment methods :-

Cryptocurrency
Bank Transfer

Trading Commissions:

DNA Funded has not clearly mentioned the Trading Commission charged on their trading platform.

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