Funded Prime Review 2025 – Prop Firm Features, Rules & Payout Explained
Read our full Funded Prime review, including a detailed breakdown of Challenge types, Drawdown rules, Prohibited Strategies, and Payout process.
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Funded Prime
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Forex, Indices, Commodities, Crypto, Stocks
AU
2024
CEO: Alexander Chieffalo
DXTrade
Trade Locker
Crypto
Wire Transfer/ Bank Transfer
Crypto
Wire transfer/ Bank Transfer
Eightcap
Funded Prime Review 2025
Funded Prime is a prop firm launched in 2024 - offering traders access to multiple challenge types including Forex, Stocks, Crypto and even unique models like Meme Coin and Bitcoin Maxi. With bi weekly payouts, account sizes up to $200,000 and profit splits of up to 90%, Funded Prime is positioning itself as a flexible option for different trading styles.
Funded Prime Prop Firm Overview
| Category | Details |
|---|---|
| Prop Firm Name | Funded Prime |
| Legal Name | Funded Prime |
| Registration Number | N/A |
| CEO | The CEO of Funded Prime is Alexander Chieffalo |
| Registered Office Location | Funded Prime is located and registered in Australia |
| Broker | The broker associated with Funded Prime is Eightcap |
| Operating Since | Funded Prime was starting in the year of 2024 |
| Account Sizes | Funded Prime provides account sizes ranging from $5k to $200k |
| Profit Split | Funded Prime offers profit split of 80% (up to 90%) |
| Challenge Types | Funded Prime offers 1 Step challenge, 2 Step challenge, Stock, Meme Coin, Bitcoin Maxi |
| Payout Frequency | Funded Prime offers Bi-Weekly and Weekly Payouts |
| Payout Method | The withdrawal method supported by Funded Prime are Bank Transfer and Cryptocurrency |
| Trading Platforms | Funded Prime supports trading on Tradelocker and DXTrade platform while TradingView is also coming soon |
| Trading Instruments | Funded Prime supports Forex, Crypto, Stocks, Commodities, Indices |
| Max Allocation | Funded Prime offers up to $800k funding capital |
| Support | [email protected] |
| Trustpilot Rating | Funded Prime has a 3.5 rating Trustpilot (based on 9 reviews) |
Pros and Cons of Trading with Funded Prime
Like any prop firm, Funded Prime has its own strengths and limitations. Traders should check the benefits such as diverse challenge options and flexible payouts - against possible drawbacks like limited availability in certain regions. So before getting started - check the pros and cons of trading Funded Prime.
| Pros | Cons |
|---|---|
| Multiple challenge types including unique models like Meme Coin and Bitcoin Maxi | Not available in few major countries including Australia and Russia |
| Profit split of up to 90% | Refundable challenge fee not offered |
| Flexible payout schedule (weekly and bi-weekly) | Relatively new prop firm (launched in 2024) with limited track record |
| Wide range of instruments across Forex, Stocks, Crypto, Commodities, and Indices | Strict rules on multiple accounts and IP restrictions |
| Supports both bank transfer and crypto withdrawals | Trustpilot rating is average (3.5 from 9 reviews) |
Funded Prime Challenge Types Explained
Funded Prime offers a variety of challenge models tailored for different trading styles. From standard 1-Step and 2-Step challenges to niche options like Stock, Meme Coin and Bitcoin Maxi accounts, traders can choose the evaluation model that best suits their trading approach. Each challenge has unique rules around drawdowns, leverage, profit targets and consistency requirements - giving flexibility while maintaining risk controls.
Funded Prime Challenges Breakdown
| Feature | 1 Phase | 2 Phase | Stock | Meme Coin | Bitcoin Maxi |
|---|---|---|---|---|---|
| Account Sizes | $5k - $200k | $5k - $200k | $5k - $50k | $5k - $100k | $5k - $200k |
| Challenge Fee Range (USD) | $55 - $1,235 | $45 - $1,055 | $35 - $485 | $67 - $698 | $55 – $1,248 |
| Daily Drawdown | 5% | 5% | 5% | None | 3% |
| Max Drawdown | 10% | 10% | 10% | 5% | 5% |
| Drawdown Type | Static | Static | Static | Trailing | Static |
| Minimum Trading Days | 3 | 3 | 3 | 3 | 5 |
| Maximum Trading Days | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
| Leverage | 1:50 | 1:50 | 1:50 | 1:10 | 1:10 |
| Profit Split | 80% up to 90% | 80% up to 90% | 80% up to 90% | 80% up to 90% | 80% |
| Consistency Rule | Yes | Yes | Yes | Yes | Yes |
| Profit Target | 10% | Phase 1: 10%, Phase 2: 5% | 8% | 8% | 8% |
| Payout Frequency | 14 days | 7 days | 14 days | 14 days | 14 days |
Funded Prime 1-Phase Challenge
The 1-Phase Challenge at Funded Prime is designed for traders who want a faster route to a funded account. With just one evaluation step - traders need to hit a 10% profit target while maintaining the risk limits. This evaluation model balances speed and risk management making it a good fit for disciplined traders who can deliver results consistently.
1-Phase Challenge Breakdown
| Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Total Drawdown |
|---|---|---|---|---|
| $5k | $55 | $500 (10%) | $250 (5%) | $500 (10%) |
| $10k | $98 | $1,000 (10%) | $500 (5%) | $1,000 (10%) |
| $25k | $208 | $2,500 (10%) | $1,250 (5%) | $2,500 (10%) |
| $50k | $377 | $5,000 (10%) | $2,500 (5%) | $5,000 (10%) |
| $100k | $698 | $10,000 (10%) | $5,000 (5%) | $10,000 (10%) |
| $200k | $1,248 | $20,000 (10%) | $10,000 (5%) | $20,000 (10%) |
Who is this challenge best for?
- Traders who prefer a single step evaluation rather than multiple phases
- Traders who are confident in reaching a 10% target quickly
- Traders who want to scale faster into a funded account
Funded Prime 2-Phase Challenge
The 2-Phase Challenge is more of a traditional evaluation model offered by Funded Prime. It requires traders to prove consistency across two phases with a 10% profit target in Phase 1 and a smaller 5% profit target in Phase 2. This approach lowers the risk of rushing and provides more room for traders to demonstrate their stable trading skills.
2-Phase Challenge Breakdown
| Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Total Drawdown |
|---|---|---|---|---|
| $5k | $45 | Phase 1: $500 (10%) / Phase 2: $250 (5%) | $250 (5%) | $500 (10%) |
| $10k | $89 | Phase 1: $1,000 (10%) / Phase 2: $500 (5%) | $500 (5%) | $1,000 (10%) |
| $25k | $175 | Phase 1: $2,500 (10%) / Phase 2: $1,250 (5%) | $1,250 (5%) | $2,500 (10%) |
| $50k | $315 | Phase 1: $5,000 (10%) / Phase 2: $2,500 (5%) | $2,500 (5%) | $5,000 (10%) |
| $100k | $555 | Phase 1: $10,000 (10%) / Phase 2: $5,000 (5%) | $5,000 (5%) | $10,000 (10%) |
| $200k | $1,055 | Phase 1: $20,000 (10%) / Phase 2: $10,000 (5%) | $10,000 (5%) | $20,000 (10%) |
Who is this challenge best for?
- Best for traders who value a safer and structured evaluation process
- Those looking to show consistency over multiple phases
- Beginners who want a lower profit target in the second step
Funded Prime Stock Challenge
The Stock Challenge is tailored for traders who want to focus on equities. With moderate profit targets and a static drawdown system - this model provides access to both U.S. and non-U.S. stocks while keeping the evaluation requirements simple.
Stock Challenge Breakdown
| Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Total Drawdown |
|---|---|---|---|---|
| $5k | $35 | $400 (8%) | $250 (5%) | $500 (10%) |
| $10k | $85 | $800 (8%) | $500 (5%) | $1,000 (10%) |
| $25k | $145 | $2,000 (8%) | $1,250 (5%) | $2,500 (10%) |
| $50k | $485 | $4,000 (8%) | $2,500 (5%) | $5,000 (10%) |
Who is this challenge best for?
- Traders who specialize in stock market strategies
- Those who want lower profit targets (8%)
- Traders comfortable with static risk limits
Funded Prime Meme Coin Challenge
The Meme Coin Challenge is designed for high risk, high reward crypto enthusiasts. It uses a trailing drawdown system and a reduced leverage of 1:10 reflecting the volatility of meme-based cryptocurrencies.
Meme Coin Challenge Breakdown
| Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Total Drawdown |
|---|---|---|---|---|
| $5k | $67 | $400 (8%) | None | $250 (5% trailing) |
| $10k | $108 | $800 (8%) | None | $500 (5% trailing) |
| $25k | $227 | $2,000 (8%) | None | $1,250 (5% trailing) |
| $50k | $398 | $4,000 (8%) | None | $2,500 (5% trailing) |
| $100k | $698 | $8,000 (8%) | None | $5,000 (5% trailing) |
Who is this challenge best for?
- Traders focused on crypto volatility and meme coins
- Those who can handle a trailing drawdown system
- Risk-takers seeking non-traditional trading opportunities
Funded Prime Bitcoin Maxi Challenge
The Bitcoin Maxi Challenge is built for traders who only want exposure to Bitcoin. With tighter drawdown limits and lower leverage - this model requires careful risk management but offers direct exposure to the world’s largest cryptocurrency.
Bitcoin Maxi Challenge Details
| Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Total Drawdown |
|---|---|---|---|---|
| $5k | $55 | $400 (8%) | $150 (3%) | $250 (5%) |
| $10k | $98 | $800 (8%) | $300 (3%) | $500 (5%) |
| $25k | $208 | $2,000 (8%) | $750 (3%) | $1,250 (5%) |
| $50k | $377 | $4,000 (8%) | $1,500 (3%) | $2,500 (5%) |
| $100k | $698 | $8,000 (8%) | $3,000 (3%) | $5,000 (5%) |
| $200k | $1,248 | $16,000 (8%) | $6,000 (3%) | $10,000 (5%) |
Who is this challenge best for?
- Traders who specialize in Bitcoin only strategies
- Those who can manage tighter drawdown limits (3% daily, 5% total)
- Crypto-focused traders wanting direct BTC exposure
Our Review on Funded Prime Challenge Types
Funded Prime stands out by offering both standard evaluation models and unique, niche challenges. The 1-Phase and 2-Phase options will appeal to traders who are familiar with traditional prop firm structures while the Stock, Meme Coin and Bitcoin Maxi challenges give more specialized opportunities that aren’t often found in other prop firms.
Overall, Funded Prime provides flexibility across different trading styles whether someone prefers Forex, Stocks or Crypto. However, the unconventional crypto-focused challenges may not suit conservative traders who are looking for stability.
Funded Prime Drawdown and News Trading Rules
Risk management is central to Funded Prime’s evaluation process and the firm applies specific drawdown and news trading restrictions across its challenge models. These rules are designed to maintain account stability - limit exposure to sudden market movements and ensure traders demonstrate disciplined strategies before scaling into funded accounts.
Drawdown Rules
1-Phase, 2-Phase and Stock Challenges:
- Daily drawdown limit is 5% of the previous day’s equity snapshot.
- Total account drawdown is capped at 10% (static).
- Calculation: Previous Day’s Equity × Limit % / 100.
Meme Coin Challenge:
- No daily drawdown limit.
- Uses a 5% trailing drawdown which moves upward as equity grows but never decreases.
- Calculation: Highest Equity × 5%.
Bitcoin Maxi Challenge:
- Daily drawdown set at 3%.
- Overall drawdown capped at 5% (static).
- Stricter limits reflect Bitcoin’s volatility.
News Trading Rules
- 1-Phase, Stock, Meme Coin and Bitcoin Maxi Challenges:
Not allowed within 10 minutes before and after major news releases or macroeconomic events deemed high impact.
- 2-Phase Challenge:
News trading is permitted - giving more flexibility for traders who rely on volatility spikes.
Funded Prime Spreads & Commissions - What You Really Pay
Trading costs play a big role in overall profitability and Funded Prime outlines its spreads and commission structure clearly. While spreads are variable across the trading instruments - commissions differ depending on the challenge type and asset class. Knowing these costs upfront helps traders set realistic expectations for their net returns.
Spreads
- All account types use variable spreads, meaning they change depending on market conditions and liquidity.
- Since Funded Prime operates through Eightcap as its broker - the spreads are generally competitive but can widen during high volatility periods such as news releases or low liquidity sessions.
Commissions
1-Phase & 2-Phase Challenges:
- Crypto: 0.01% of notional volume per position opened.
- U.S. Stocks: $2 per lot at open and close.
- Non-U.S. Stocks: 0.1% of notional volume at open and close.
- Other instruments: $5 per lot when opening positions.
Stock Challenge:
- U.S. Stocks: $2 per lot at both open and close.
- Non-U.S. Stocks: 0.1% of notional volume at open and close.
Meme Coin Challenge:
- Crypto: 0.01% of notional volume per position opened.
Bitcoin Maxi Challenge:
- Crypto: 0.01% of notional volume per position opened.
Trading Instruments and Leverage Offered by Funded Prime
Funded Prime offers traders with access to a wide range of financial markets allowing both traditional and crypto focused trading strategies. The firm’s leverage structure varies by challenge type - reflecting the risk profile of different asset classes.
Trading Instruments
Forex - Major, minor and exotic currency pairs
Crypto - Popular cryptocurrencies including Bitcoin and altcoins
Stocks - U.S. and non-U.S. equities with commissions applied per lot or notional volume
Commodities - Precious metals and energy markets
Indices - Major global indices is offered for broader market exposure
Leverage
1-Phase, 2-Phase, and Stock Challenges: 1:50 leverage across instruments
Meme Coin and Bitcoin Maxi Challenges: 1:10 leverage due to higher volatility in crypto markets
Funded Prime Trading Rules (2025): What is Allowed and What is Not
Funded Prime sets out clear guidelines on what trading practices are permitted during both the evaluation and funded stages. These trading rules are designed to encourage responsible trading while preventing misuse of accounts. Below is a breakdown of what’s allowed and what isn’t.
Trading Rules Overview
| Trading Strategy / Practice | Allowed? | Details |
|---|---|---|
| Copy Trading | Restricted | Allowed during challenges with limitations, but not permitted on funded accounts. |
| News Trading | Restricted | 1-Phase, Stock, Meme Coin and Bitcoin Maxi: not allowed within 10 minutes of major news. 2-Phase: fully allowed. |
| Weekend Holding | Restricted | Allowed for Meme Coin and Bitcoin Maxi challenges, but not permitted for other models once funded. |
| Expert Advisors (EAs) | Yes | Automated trading is allowed. |
| High-Risk / Gambling Strategies | No | Practices such as arbitrage, latency exploitation and gambling behavior are prohibited. |
| Multiple Accounts / IP Sharing | No | Not allowed to create multiple profiles or trade from the same IP across accounts. |
| Inactivity Period | No | Accounts inactive for more than 30 days may be closed. |
Our Review on Funded Prime Trading Rules
When we reviewed Funded Prime’s trading rules - we found them to be fairly balanced - not overly restrictive but still structured to encourage disciplined trading. The firm allows a wide range of trading styles like scalping, swing trading and even automated strategies - which is a big plus for traders who value flexibility.
Overall, we see Funded Prime’s trading rules as trader-friendly while maintaining enough boundaries to protect both the firm and its traders.
Scaling Plan at Funded Prime
Many prop firms provide scaling opportunities to help traders grow their capital as they demonstrate consistency. At Funded Prime, however. there is currently no scaling plan available. Traders are limited to the maximum allocation of $800,000 and there are no structured processes to gradually increase account size beyond this limit.
Payment Methods & Payout Process at Funded Prime
Funded Prime offers multiple ways for traders to make payments and receive their payouts - giving them the flexibility depending on their preferences. With both traditional and crypto-friendly withdrawal options - the firm ensures accessibility for a wide range of traders worldwide.
Supported Payment Methods
- Credit Card / Debit Card
- Cryptocurrency
Supported Payout Methods
- Bank Transfer
- Cryptocurrency
How the Payout Process Works at Funded Prime
- Traders must complete the minimum required trading days and hit the profit target.
- Accounts must remain in good standing (no violations of rules or inactivity).
- Once eligible - traders can request withdrawals via bank transfer or crypto.
- Payout frequency varies by model:
- 1-Phase & Stock Challenge: Every 14 days
- 2-Phase Challenge: Weekly (every 7 days)
- Meme Coin & Bitcoin Maxi Challenges: Every 14 days
- Profit splits range from 80% up to 90%, depending on performance and consistency.
Our Review on Payment Methods & Payout Process at Funded Prime
Funded Prime’s payout system is fairly flexible offering both weekly and bi-weekly withdrawals depending on the challenge type. The inclusion of cryptocurrency withdrawals is a positive for traders who are seeking faster, borderless transactions while bank transfer covers those who prefer traditional methods. However, the lack of a refundable challenge fee may be a drawback compared to some competitors. Overall, the firm’s payout options are competitive especially for traders who value speed and accessibility.
Countries Restricted at Funded Prime
Funded Prime is not available in certain regions due to regulatory and compliance requirements. Traders from these countries are unable to purchase challenges or access funded accounts. It is important to check eligibility before signing up to avoid any issues during the evaluation process.
Restricted Countries
Australia
Cuba
Iran
North Korea
Myanmar
Russia (including Crimea, Donetsk, and Luhansk regions of Ukraine)
Somalia
Syria
Our Final Verdict on Funded Prime
Funded Prime is a versatile prop trading firm that caters to a wide range of traders. With multiple challenge types including 1-Phase, 2-Phase, Stock, Meme Coin and Bitcoin Maxi - so traders can choose a model that matches their trading style and risk appetite. The firm offers attractive profit splits of up to 90%, flexible payout schedules and access to both traditional and crypto markets.
While the firm has some limitations such as restricted countries, strict IP rules and non-refundable challenge fees - its innovative challenges and flexible account sizes make it a compelling option for disciplined traders. Whether you are a Forex trader, stock enthusiast or crypto-focused trader - Funded Prime offers a solid platform to get funded, provided you adhere to risk and trading rules.
In summary, Funded Prime is best suited for traders looking for flexibility, diverse challenge types and opportunities across multiple markets but those in restricted regions or seeking refundable fees should consider this before signing up.