Company Information

Company Name: Syndicate Funded
Company Legal Name: Syndicate Funded LLC
Company Registration No.: Undisclosed
Operating Since: July 5, 2024
CEO Name: Undisclosed

Challenge Details

Syndicate Funded offers traders two types of challenges to qualify for funded accounts: the 1-Step Challenge and the 2-Step Challenge.

1-Step Challenge Details

Pricing:

$5,000 Account: $62.70
$10,000 Account: $117.70
$25,000 Account: $227.70
$50,000 Account: $337.70
$100,000 Account: $557.70
$200,000 Account: $1,097.70

Rules:

Profit Target: 12%
Total Loss: 10%
Daily Loss: 4%
Profit Share: 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Payout Frequency: Every 14 Days
Minimum Trading Days: 5 Days

2-Step Challenge Details

Pricing:

$5,000 Account: $57
$10,000 Account: $107
$25,000 Account: $207
$50,000 Account: $307
$100,000 Account: $507
$200,000 Account: $997

Rules:

Profit Target (Phase 1): 8%
Profit Target (Phase 2): 4%
Total Loss: 10%
Daily Loss: 5%
Profit Share: 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Payout Frequency: Every 14 Days
Minimum Trading Days: 5 Days

Scaling Plan

Syndicate Funded offers traders a scaling plan that allows them to grow their accounts up to $2,000,000. To qualify, traders must achieve a total of 12% profit within a three-month period. Upon reaching this target, 25% of the starting balance will be added to the trader’s account, allowing for gradual growth and increased earning potential.

Spreads and News Trading Rules

Spreads:

Syndicate Funded offers highly competitive spreads, starting from as low as 0.1 pips.

News Trading Rules:

News trading is allowed on challenge accounts but is restricted on funded accounts. For funded accounts, traders must avoid opening or closing trades within five minutes before and after high-impact news events. Any profits made during this restricted time frame may be removed without resulting in a breach of account rules.

Other Important Rules

Daily Drawdown Calculation:

Syndicate Funded has not mentioned on how they calculate their daily drawdown. We strongly recommend traders to ask Syndicate Funded support team before purchasing.

Countries Banned from Purchasing:

Syndicate Funded does not restrict any countries based on location, making it accessible to traders worldwide.

Gambling Rules:

Syndicate Funded strictly prohibits “all-or-nothing” trading strategies. This includes highly speculative, high-risk trades that lack a structured risk management approach. Using reckless trading strategies may result in the reduction of profits, account phase resets, or even account breaches.

Prohibited Trading Strategies:

Syndicate Funded has a strict policy against unfair trading tactics. Prohibited methods include, but are not limited to:

Exploiting demo server errors (e.g., platform or data freezing)
Trading on delayed data feeds
Tick scalping
high-frequency trading
Arbitrage bots
reverse arbitrage
latency arbitrage
hedge arbitrage
Use of emulators or any methods that can unfairly exploit the demo environment.

Accounts using these prohibited strategies will not be eligible for funding.

Payout Methods

Payouts are managed through Riseworks.io, a versatile platform that supports withdrawals via bank transfer and cryptocurrency, providing flexible options for receiving payments.

Trading Commissions

Syndicate Funded has set their commission to $0 for their challenge and funded accounts.

IP Rule

Syndicate Funded has not mentioned any IP Address Rule. Still, we recommend traders to trade from the same device from which they use to purchase the account.

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