Read our full Funded Prime review including Challenge types, Drawdown rules, Prohibited Strategies, Payout process, and exclusive discount codes. Updated June 2026.
|Forex|DEAL
Discount Code
Coupon Code
TRUSTED
Profit Split
80%
Payout Speed
On Demand
Max Allocation
$800K
Starting Price
$45
CLOSED
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Funded Prime is a prop firm launched in 2024 - offering traders access to multiple challenge types including Forex, Stocks, Crypto and even unique model like Meme Coin. 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.
| Category | Details |
|---|---|
| Prop Firm Name | The prop firm's name is Funded Prime |
| Legal Name | The firm's legal name is 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 |
| 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 4.3 rating Trustpilot (based on 18 reviews) |
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 | 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 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 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.
| Feature | 1 Phase | 2 Phase | Stock | Meme Coin |
|---|---|---|---|---|
| Account Sizes | $5k - $200k | $5k - $200k | $5k - $100k | $5k - $100k |
| Challenge Fee Range (USD) | $55 - $1,235 | $45 - $1,055 | $35 - $485 | $67 - $698 |
| Daily Drawdown | 5% | 5% | 5% | None |
| Max Drawdown | 10% | 10% | 10% | 5% |
| Drawdown Type | Static | Static | Static | Trailing |
| Minimum Trading Days | 3 | 3 | 3 | 3 |
| Maximum Trading Days | Unlimited | Unlimited | Unlimited | Unlimited |
| Leverage | 1:50 | 1:50 | 1:50 | 1:10 |
| Profit Split | 80% up to 90% | 80% up to 90% | 80% up to 90% | 80% up to 90% |
| Consistency Rule | Yes | Yes | Yes | Yes |
| Profit Target | 10% | Phase 1: 10%, Phase 2: 5% | 8% | 8% |
| Payout Frequency | 14 days | 7 days | 14 days | 14 days |
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.
| 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%) |
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.
| 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%) |
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.
| Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Total Drawdown |
|---|---|---|---|---|
| $5k | $35 | $400 (8%) | $250 (5%) | $500 (10%) |
| $10k | $65 | $800 (8%) | $500 (5%) | $1,000 (10%) |
| $25k | $145 | $2,000 (8%) | $1,250 (5%) | $2,500 (10%) |
| $100k | $485 | $4,000 (8%) | $2,500 (5%) | $5,000 (10%) |
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.
| 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) |
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 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.
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.
1-Phase, 2-Phase and Stock Challenges:
Meme Coin Challenge:
Not allowed within 10 minutes before and after major news releases or macroeconomic events deemed high impact.
News trading is permitted - giving more flexibility for traders who rely on volatility spikes.
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.
1-Phase & 2-Phase Challenges:
Stock Challenge:
Meme Coin Challenge:
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.
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
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 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 not allowed within 10 minutes of major news. 2-Phase: fully allowed. |
| Weekend Holding | Restricted | Allowed for Meme Coin 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. |
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.
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.
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.
- 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:
- Profit splits range from 80% up to 90%, depending on performance and consistency.
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.
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.
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 - 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.
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Funded Prime
Trust Score: 37/100 · 1.9
