Details About DNA Funded
- Legal Name: The legal name of DNA Funded is Prop Trade Tech Pty Ltd.
- Company Number: The registration number of DNA Funded is ABN 71 661 045 950.
- Country of Registration: DNA Funded is registered in an undisclosed country.
- CEO: The CEO of DNA Funded is not publicly disclosed.
- Support Mail: You can contact DNA Funded at support@dnafunded.com.
- Phone: The phone number for DNA Funded is not publicly available.
- Payment Modes: DNA Funded supports payments via Crypto, Credit/Debit Card.
- Withdrawal Modes: DNA Funded facilitates withdrawals through Wire Transfer/ Bank Transfer, Crypto.
- Official Website: Visit the official website of DNA Funded at https://dnafunded.com.
- Banned Countries: DNA Funded does not allow traders from Australia, Cuba, Iran, North Korea, Lebanon, Libya, Russia, Somalia, Sudan, Syria.
Challenge Details at DNA Funded
- Types of Challenge:The challenges offered at DNA Funded include One Phase Challenge, Two Phase Challenge.
- Trading Platforms:DNA Funded supports trading on Trade Locker.
- Trading Instruments:Traders at DNA Funded can trade Forex, Crypto, Commodities, Indices, Stocks.
- Broker:The broker associated with DNA Funded is not disclosed.
- Max Allocation:The maximum allocation provided by DNA Funded is 600,000.
- Scaling:The scaling potential at DNA Funded reaches up to not available.
- Trading Competitions:DNA Funded does not organize trading competitions for traders.
- Free Trials:DNA Funded does not offer free trials to its users.
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.
DNA Funded Challenge Account Pricing
1 Phase
Pricing
Size: $5000 ($59)
Size: $10000 ($89)
Size: $25000 ($179)
Size: $50000 ($319)
Size: $100000 ($619)
Size: $200000 ($1209)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
6%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
10%
Daily Loss
5%
2 Phase
Pricing
Size: $5000 ($49)
Size: $10000 ($79)
Size: $25000 ($159)
Size: $50000 ($289)
Size: $100000 ($549)
Size: $200000 ($1079)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
10%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
10%-5%
Daily Loss
6%
Rapid
Pricing
Size: $10000 ($99)
Size: $25000 ($189)
Size: $50000 ($329)
Size: $100000 ($549)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
5%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
5
Daily Loss
4%
Frequently Asked Questions
Reviews
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