Details About FundedBull
- Legal Name: The legal name of FundedBull is RateRight Pte. Ltd..
- Company Number: The registration number of FundedBull is 049422.
- Country of Registration: FundedBull is registered in SG.
- CEO: The CEO of FundedBull is Desimir Paskalev.
- Support Mail: You can contact FundedBull at [email protected].
- Phone: The phone number for FundedBull is not publicly available.
- Payment Modes: FundedBull supports payments via Wire transfer/ Bank Transfer, Credit/Debit Card, Crypto.
- Withdrawal Modes: FundedBull facilitates withdrawals through Crypto.
- Official Website: Visit the official website of FundedBull at https://fundedbull.com.
- Banned Countries: FundedBull does not allow traders from BY, CF, CD, CU, ET, HK, IR, IQ, KP, LB, LY, NI, PK, RU, SO, SD, SY, VE, VN, YE, SS.
Challenge Details at FundedBull
- Types of Challenge:The challenges offered at FundedBull include One Phase Challenge, Two Phase Challenge, Three Phase Challenge.
- Trading Platforms:FundedBull supports trading on MatchTrader, cTrader, DXTrade, Trade Locker.
- Trading Instruments:Traders at FundedBull can trade Forex.
- Broker:The broker associated with FundedBull is not disclosed.
- Max Allocation:The maximum allocation provided by FundedBull is not available.
- Scaling:The scaling potential at FundedBull reaches up to not available.
- Trading Competitions:FundedBull does not organize trading competitions for traders.
- Free Trials:FundedBull does not offer free trials to its users.
Company Information
- Company Name: FundedBull
- Company Legal Name: RateRight Pte. Ltd.
- Company Registration No.: 049422
- Operating Since: July 4, 2024
- CEO Name: Desimir Paskalev
Challenge Details
FundedBull offers three challenge account types: 1 Step, 2 Step, and 3 Step Challenges. Each challenge is designed to evaluate a trader's skills while ensuring strict adherence to risk management rules. Here's a detailed breakdown:
1 Step Challenge
Pricing:
- Size: $1,000 – $39
- Size: $5,000 – $48
- Size: $10,000 – $88
- Size: $25,000 – $160
- Size: $50,000 – $280
- Size: $100,000 – $512
- Size: $250,000 – $1,240
Rules:
- Profit Target: 9%
- Total Loss: 6%
- Daily Loss: 3%
- Profit Share: 90%
- Drawdown Type: Trailing-based drawdown
- Time Limit: Unlimited
- Leverage: 50:1
- Max Lot Size: N/A
- Payout Frequency: Every 7 days
- Allows Copy Trading: No
- Min Trading Days: 5
1 Step Lite Challenge
Pricing:
- Size: $1,000 – $12
- Size: $5,000 – $32
- Size: $10,000 – $59
- Size: $25,000 – $99
- Size: $50,000 – $189
Rules:
- Profit Target: 9%
- Total Loss: 6%
- Daily Loss: 3%
- Profit Share: 50%
- Drawdown Type: Trailing-based drawdown
- Time Limit: Unlimited
- Leverage: 50:1
- Max Lot Size: N/A
- Payout Frequency: Every 7 days
- Allows Copy Trading: No
- Min Trading Days: 5
2 Step Challenge
Pricing:
- Size: $5,000 – $44
- Size: $10,000 – $80
- Size: $25,000 – $152
- Size: $50,000 – $272
- Size: $100,000 – $496
- Size: $250,000 – $1,200
Rules:
- Profit Target (Phase 1): 8%
- Profit Target (Phase 2): 5%
- Total Loss: 8%
- Daily Loss: 4%
- Profit Share: 90%
- Drawdown Type: Balance-based drawdown
- Time Limit: Unlimited
- Leverage: 50:1
- Max Lot Size: N/A
- Payout Frequency: Every 7 days
- Allows Copy Trading: No
- Min Trading Days: 5
3 Step Challenge
Pricing:
- Size: $5,000 – $40
- Size: $10,000 – $72
- Size: $25,000 – $144
- Size: $50,000 – $264
- Size: $100,000 – $480
- Size: $250,000 – $1,120
Rules:
- Profit Target (Phase 1): 6%
- Profit Target (Phase 2): 6%
- Profit Target (Phase 3): 6%
- Total Loss: 7%
- Daily Loss: 4%
- Profit Share: 90%
- Drawdown Type: Balance-based drawdown
- Time Limit: Unlimited
- Leverage: 50:1
- Max Lot Size: N/A
- Payout Frequency: Every 7 days
- Allows Copy Trading: No
- Min Trading Days: 5
Scaling Plan
Currently, FundedBull does not offer a scaling plan.
Spreads and News Trading Rules
Spreads:
FundedBull offers competitive spreads as low as 0 pips, ensuring cost-efficient trading for its users.
News Trading Rules:
News trading is allowed by FundedBull but trading is prohibited 5 minutes before and after any major news events. Traders can use FundedBull’s Economic Calendar which is provided in the dashboard to stay informed about upcoming events and their potential impact on specific assets.
Other Important Rules
Daily Drawdown Calculation:
FundedBull calculates Daily drawdown based on the higher of the account's equity or balance at the end of each day. The drawdown type used here is Equity Based Drawdown, By which the drawdown limit will keep changing each day based on the PnL on the account, resulting in increase or decrease of the daily drawdown limit.
Countries Banned from Purchasing:
FundedBull services are not available for residents of the following countries:
- Pakistan
- Russia
- Cuba
- Sudan
- Somalia
- Iran
- Lebanon
- Syria
- Libya
- Vietnam
- North Korea
- Belarus
- Myanmar
- Central African Republic
- Democratic Republic of the Congo
- Ethiopia
- Hong Kong
- Iraq
- Nicaragua
- South Sudan
- Venezuela
- Yemen.
Gambling Rules:
Traders are not allowed to trade with strategies which encourage poor risk management :-
- High-Leverage Trading
- All-In Trading
- Martingale
Prohibited Trading Strategies:
FundedBull prohibits the following trading strategies to maintain fairness on their platform:
- Exploitation of service errors
- External or Slow Data Feeds
- High Frequency Trading(Both EA and Manually)
- Mass Data Entry
- Any kind of Arbitrage trading
- Copy trading from someone else's account
- Account Management Services
- Account Passing Services
- Group trading
- Insider trading
- Market manipulation (e.g., front running, wash trading)
Payout Methods:
FundedBull offers their payouts exclusively via Cryptocurrencies.
Trading Commissions:
Trading commissions charged by FundedBull starts from as low as $0.
IP Rule:
FundedBull does not allow traders to trade using multiple IP Address but traders can get the approval if they communicate with FundedBull before purchasing a challenge.
FundedBull Challenge Account Pricing
1 Step Challenge
Pricing
Size: 1000 ($39)
Size: 5000 ($48)
Size: 10000 ($88)
Size: 25000 ($160)
Size: 50000 ($280)
Size: 100000 ($512)
Size: 250000 ($1240)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
6%%
EA Allowed
EA Not Allowed
News Trading
News Trading is Allowed
Profit Target
9%
Daily Loss
3%
2 Step Challenge
Pricing
Size: 5000 ($44)
Size: 10000 ($80)
Size: 25000 ($152)
Size: 50000 ($272)
Size: 100000 ($496)
Size: 250000 ($1200)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
8%%
EA Allowed
EA Not Allowed
News Trading
News Trading is Allowed
Profit Target
8% - 5%
Daily Loss
4%
3 Step Challenge
Pricing
Size: 5000 ($40)
Size: 10000 ($72)
Size: 25000 ($144)
Size: 50000 ($264)
Size: 100000 ($480)
Size: 250000 ($1120)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
7%%
EA Allowed
EA Not Allowed
News Trading
News Trading is Allowed
Profit Target
6% - 6% -6%
Daily Loss
4%
1-Step Lite Challenge
Pricing
Size: 1000 ($12)
Size: 5000 ($32)
Size: 10000 ($59)
Size: 25000 ($99)
Size: 50000 ($189)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
6%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
9%
Daily Loss
3%
Frequently Asked Questions
Reviews
No reviews availavle!
Banned Countries by FundedBull
Countries highlighted in red are restricted.