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Full Funded Engineer Review for 2025 – Features, Payouts, Rules Explained

Read our full Funded Engineer prop firm review, including detailed breakdowns of evaluation steps, drawdown rules, account types, and payout systems.

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Funded Engineer

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Crypto, Forex

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AE

CEO: Tristian Talbot

This firm is not listed on our Trusted or Affiliate list.

We have not evaluated this firm yet.

Trading Platforms:
Metatrader

Metatrader

Withdrawal Method:
Crypto

Crypto

Deel

Deel

Wire Transfer/ Bank Transfer

Wire Transfer/ Bank Transfer

Wise

Wise

Payment Method:
Credit/Debit Card

Credit/Debit Card

Crypto

Crypto

Brokers:
ThinkMarkets

ThinkMarkets

Other

Other

Funded Engineer is committed to rewarding their traders for their consistent profitability with Simulated Funded accounts. Elevate your trading experience with our highly rewarding Scaling Plan. This plan is designed to enhance your trading journey, offering exceptional benefits and opportunities for growth. Starting from the ‘Geared’ stage all the way to the ‘Engineered’ stage, you’ll be unlocking additional benefits every step of the way. As part of our Scaling program, we offer several benefits to support your growth and success. These benefits include: Increasing the size of your trading account by 40% of the initial balance every four months to provide more simulated capital for trading. Offering a higher profit split, up to 90%, to ensure our traders are well-compensated for their success. Providing salaries to acknowledge traders’ hard work and dedication. Expanding the Daily Drawdown limit, as well as the Overall Drawdown limit, to give traders more flexibility in their trading strategies. Allowing withdrawals every 7 calendar days up to same day for traders to access their earnings more quickly. Granting a free challenge account in the same program if any rules are violated, giving traders another opportunity to succeed. Our goal is to foster a supportive and rewarding environment for our traders as they continue to demonstrate exceptional risk management and consistent profitability. To secure all the benefits of our Scaling plan stated above, you are required to meet the following criteria: Achieve a net profit of 15% spanning over a 4-month period. Achieve a minimum profit of 2% of the Initial balance each month for 4 months. Request at least 3 withdrawals/payouts in the 4-month period. The account balance must be higher than the initial balance to request a scale-up. Once the Scaling requirements are met, please reach out to us at livesupport@fundedengineer.com to put in your scale-up request. Note: Only maximum profit of 5% each month will be counted towards the criteria. For example, if you achieve a profit of 7% in the first month, only 5% will be counted towards the total requirement of 15%. If the scale-up request is for an already merged account, the 40% increment is applied on the after-merged initial balance. The scaling plan does not apply to Simulated Turbo Funded Accounts. How do I qualify to receive a monthly bonus from Funded Engineer? A trader is eligible for a monthly bonus upon reaching the ‘Geared’ status of our scaling plan. However, the following two conditions must be met: 1 – Risk value of the last 8 trades should not go lower than 10% of the risk value from the last 90 days. Risk value = (Total lot size traded / Numbers of trades taken) For Example: If you have traded 100 lots and taken 200 trades in the last 90 days, your risk value becomes: 100/200 = 0.5 The risk value from the last 8 trades must be at or above: [0.5-(0.5*0.1)] = 0.45 If in the last 8 trades, you have traded 10 lots with 15 trades, your risk value becomes: 10/15 = 0.66. Since 0.66 is greater than 0.45, you become eligible for the monthly bonus. If in the last 8 trades, you have traded 10 lots with 30 trades, your risk value becomes: 10/30 = 0.33. Since 0.33 is less than 0.45, you are not eligible for the monthly bonus. 2 – You must have approved payout(s) of at least 1% of the initial balance for that month. Note: Monthly bonus will apply on a per-user basis.

Company Information

  • Company Name: Funded Engineer
  • Company Legal Name: Funded Engineer FZCO
  • Company Registration No.: 11998945
  • Operating Since: December 15, 2022
  • CEO Name: Tristian Talbot

Challenge Details

Funded Engineer provided four challenge programs to cater to traders with different preferences and strategies: Turbo Challenge, Superior Challenge, Superior Lite Challenge, and Swing Challenge.

Turbo Challenge Details

Pricing:

  • $6,000 Account: $39
  • $10,000 Account: $79
  • $25,000 Account: $149
  • $50,000 Account: $229
  • $100,000 Account: $379
  • $200,000 Account: $699

Rules:

  • Profit Target: 10%
  • Total Loss: 6%
  • Daily Loss: 4%
  • Profit Share: 80%, up to 90%
  • Drawdown Type: Trailing Drawdown
  • Time Limit: Unlimited
  • Leverage:
    • Forex: 1:100
    • Commodities (Metals & Energies): 1:20
    • Indices: 1:20
    • Cryptocurrency: 1:2
  • Max Lot Size: No limit
  • Payout Frequency: Every 7 days
  • Allows Copy Trading: Yes
  • Min Trading Days: 3 days

Superior Challenge Details

Pricing:

  • $6,000 Account: $49
  • $10,000 Account: $89
  • $25,000 Account: $169
  • $50,000 Account: $249
  • $100,000 Account: $409
  • $200,000 Account: $779

Rules:

  • Profit Target (Phase 1): 10%
  • Profit Target (Phase 2): 5%
  • Total Loss: 10%
  • Daily Loss: 5%
  • Profit Share: 80%, up to 90%
  • Drawdown Type: Static Drawdown
  • Time Limit: Unlimited
  • Leverage:
    • Forex: 1:100
    • Commodities (Metals & Energies): 1:20
    • Indices: 1:20
    • Cryptocurrency: 1:2
  • Max Lot Size: No limit
  • Payout Frequency: Every 7 days
  • Allows Copy Trading: Yes
  • Min Trading Days: 3 days

Superior Lite Challenge Details

Pricing:

  • $6,000 Account: $49
  • $10,000 Account: $79
  • $25,000 Account: $149
  • $50,000 Account: $229
  • $100,000 Account: $379
  • $200,000 Account: $699

Rules:

  • Profit Target (Phase 1): 8%
  • Profit Target (Phase 2): 5%
  • Total Loss: 8%
  • Daily Loss: 4%
  • Profit Share: 80%, up to 90%
  • Drawdown Type: Static Drawdown
  • Time Limit: Unlimited
  • Leverage:
    • Forex: 1:100
    • Commodities (Metals & Energies): 1:20
    • Indices: 1:20
    • Cryptocurrency: 1:2
  • Max Lot Size: No limit
  • Payout Frequency: Every 7 days
  • Allows Copy Trading: Yes
  • Min Trading Days: 3 days

Swing Challenge (No Restrictions) Details

Pricing:

  • $6,000 Account: $59
  • $10,000 Account: $129
  • $25,000 Account: $239
  • $50,000 Account: $349
  • $100,000 Account: $549
  • $200,000 Account: $999

Rules:

  • Profit Target (Phase 1): 10%
  • Profit Target (Phase 2): 5%
  • Total Loss: 10%
  • Daily Loss: 4%
  • Profit Share: 80%, up to 90%
  • Drawdown Type: Static Drawdown
  • Time Limit: Unlimited
  • Leverage:
    • Forex: 1:20
    • Commodities (Metals & Energies): 1:10
    • Indices: 1:10
    • Cryptocurrency: 1:2
  • Max Lot Size: No limit
  • Payout Frequency: Every 7 days
  • Allows Copy Trading: Yes
  • Min Trading Days: 3 days

Scaling Plan

Funded Engineer offered a four-stage scaling plan with which traders could grow their account by 160%.

Scaling Stages:

Geared Stage:-

  • Availability: After 4 months of simulated profitable trading
  • Simulated Split Upgraded: From 80%/20% to 90%/10%
  • Initial Account Balance: +40%
  • Max Drawdown: Increased by +2%
  • Max Daily Drawdown: Increased by +1%
  • Withdrawal: Every 7 days withdrawal
  • Coaching: N/A
  • Free Challenge: Free Challenge if account fails
  • Concierge Service: No
  • Salary: Up to $600

Geared Up Stage:-

  • Availability: After 8 months of simulated profitable trading
  • Simulated Split Upgraded: 90%/10%
  • Initial Account Balance: +80%
  • Max Drawdown: Increased by +4%
  • Max Daily Drawdown: Increased by +1%
  • Withdrawal: Sameday
  • Coaching: Yes
  • Free Challenge: Free Challenge if account fails
  • Concierge Service: No
  • Salary: Up to $1,150

Geared Elite Stage:-

  • Availability: After 12 months of simulated profitable trading
  • Simulated Split Upgraded: 90%/10%
  • Initial Account Balance: +120%
  • Max Drawdown: Increased by +5%
  • Max Daily Drawdown: Increased by +1%
  • Withdrawal: Sameday
  • Coaching: Yes
  • Free Challenge: Free Challenge if account fails
  • Concierge Service: Up to $2,000
  • Salary: Up to $1,250

Engineered Stage:-

  • Availability: After 16 months of simulated profitable trading
  • Simulated Split Upgraded: 90%/10%
  • Initial Account Balance: +160%
  • Max Drawdown: Increased by +10%
  • Max Daily Drawdown: Increased by +2%
  • Withdrawal: Sameday
  • Coaching: Yes
  • Free Challenge: Free Challenge if account fails
  • Concierge Service: Up to $5,000
  • Salary: Up to $1,450

Spreads and News Trading Rules

Spreads:

Funded Engineer had partnered with Purple Trading to provide the most competitive spreads in the market.

News Trading Rules:

Funded Engineer allow traders to trade during news but traders were not allowed to trade 6 minutes before or 6 minutes after any high impact news event. During this 12 minutes window, any profit made in this time will not be counted but closing any existing trades were allowed.

Other Important Rules

Daily Drawdown Calculation:

For Turbo Challenge :- Funded Engineer calculates daily drawdown based on trailing drawdown which means the drawdown amount stay still but changes its place to a higher watermark as the account grows.

For Superior, Superior Lite and Swing Challenge - Funded Engineer calculated daily drawdown based on static drawdown which means the drawdown amount stays still throughout the challenge or funded phase.

Countries Banned from Purchasing:

Funded Engineer restricted their services to certain countries, which include :-

  • Cuba
  • Syria
  • Iran
  • Vietnam
  • Lebanon
  • Pakistan
  • Iran
  • UAE
  • Kosovo
  • Yemen
  • North Korea
  • USA

Prohibited Trading Strategies:

Funded Engineer had a list of prohibited trading strategies to maintain fair trading enviornment :-

  • High-frequency trading
  • Arbitrage
  • Execute trades using an external or slow data feed.
  • Multi-account reverse trading
  • Group hedging
  • Account management Services
  • Account Passing Services
  • News Scalping
  • Copying trades from someone else
  • Use of VPN 

Payout Methods

Traders could request payouts via cryptocurrency or the Rise platform, with options for USDC and bank transfers.

Trading Commissions:

Funded Engineer had partnered with PurpleTrading to provide the most competitive commissions.

IP Rule:

Funded Engineer had not mentioned any information related to Ip Rule on their website.

FAQs

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