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: [email protected]
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.