FundedFast Prop Firm Review 2026 – Features, Rules & Payout Explained

Introduction to FundedFast

FundedFast is a Malta-based prop firm that launched in 2024, offering one-phase and two-phase challenges from $49 with account sizes up to $400K. The firm operates under Memento Enterprises Limited (registration number C 109385), with CEO Andrea Faleburle at the helm. Its physical offices are spread across Barcelona (operations and support), Hong Kong (technology), and Malta (HQ).

FundedFast focuses on keeping entry costs low, its $5K two-phase challenge starts at $49, which is cheaper than most competitors charging $99+ for similar account sizes. FundedFast claims that entry fee gets refunded on your first payout.

TTP Trust Score: 60/100 The firm is not verified on TheTrustedProp, meaning the firm is yet to build even more stronger presence in the industry via trader reviews, consistency and payout history.

What Is FundedFast?

FundedFast is a proprietary trading firm, not a broker. It does not accept deposits or trade real financial instruments. Traders get simulated capital, pass an evaluation, and earn a profit split on gains made in a simulated environment.

The firm is available worldwide, including to US residents, but is restricted in 40 jurisdictions (Afghanistan, Iran, North Korea, Russia, Syria, and others, verified against their own restricted-countries list).

Legal name: Memento Enterprises Limited
Registration: C 109385 (Malta)
Office: 55 Triq Ir-Ruzell, Attard, ATD 1500, Malta
Support: [email protected] | +356 2778 0805 | Live chat, Discord
Languages supported: EN, PT-BR, ES, IT, DE, FR, JA, ID

FundedFast Challenge Types: Full Breakdown

FundedFast offers two challenge types: One-Phase (single evaluation stage) and Two-Phase (two consecutive stages). Both have no time limit, which is a strong selling point for traders who don't want deadline pressure.

One-Phase Challenge

Traders who want to get funded fast while testing the firm’s rule and conditions can go for the 1 phase challenge by FundedFast.

Two-Phase Challenge

FundedFast also offers a classic two step challenge with static max drawdown of 10% and daily drawdown of 5% - enough breathing room to use different trading strategies.

Most traders choose the FundedFast two-phase challenge approach because of the lower entry fee and easier targets (8% then 5% versus 10% in one go).

FundedFast Trading Rules: Allowed vs Prohibited

The FundedFast rules for evaluation and funded phase are public on the FundedFast website, which is a good sign for transparency. Here's what's allowed and what's not at FundedFast.

Allowed Trading Strategies at FundedFast

• Weekend holding: Yes, unrestricted

• News trading: Restricted, no new positions 5 minutes before/after major releases (NFP, CPI, rate decisions); open positions can stay

• Copy trading: No (prohibited entirely)

• EAs (Expert Advisors): No (all trades must be manual)

• Stop loss: Optional, no forced SL rule.

Prohibited Trading Strategies at FundedFast

• EAs/bots and copy trading

• Latency arbitrage

• Martingale/grid strategies

• Trades held under 15 seconds (flagged as scalping)

• Cross-account hedging within 1 minute

• VPN or proxy use (automated monitoring)

• Duplicate accounts

Drawdown Rules at FundedFast

• Daily drawdown: 5% of starting balance, resets at 00:00 UTC each day. Both realised and unrealised (floating) P&L are counted.

• Max drawdown: 10% of starting balance, static, not trailing. Add-on purchase increases this to 12% or 20% depending on account tier.

• Per-trade risk: Maximum 3% of account balance risked on any single trade.

Consistency Rule

The FundedFast consistency rule states that no single day may exceed 50% of the cumulative profit target. If it does, the target rescales upward (best day ÷ 0.50). This does not cause an automatic failure, it just raises the bar. This rule is common among prop firms but can catch traders off guard if they have one very strong day early.

Inactivity Rule

• 90 consecutive days with no trades risks account termination

• 1 trade per rolling 30-day window keeps the account active

• Phase 2 credentials must be activated within 30 days of issue

FundedFast Supported Trading Platforms and Instruments

Trading Platforms Supported

FundedFast uses MatchTrader (web, desktop, mobile) with built-in TradingView charting. No MetaTrader (MT4/MT5) or cTrader yet, which is a downside for traders who rely on MT4's ecosystem.

Instruments Available to Trade at FundedFast

All instruments are available within a single account:

• Forex: 50+ pairs

• Stocks: US and international

• Crypto: BTC, ETH, others

• Indices: Major indices

• Metals: Gold, silver

• Energy: Oil, natural gas

Broker

The broker has not been publicly confirmed. According to internal information, FundedFast is in talks with Spec Markets as a prospective co-marketing partner, but that arrangement is still under legal/compliance review as of August 2026. It is not published on the site.

Spreads: No markup is applied beyond standard market conditions.
Trading commissions: None.

FundedFast Scaling Plan

Scaling applies to two-phase challenges only. One-phase challenges do not include a scaling option.

Scaling is discretionary, subject to review by FundedFast's risk management team.

• Maximum allocation: $400K total

• Scaling factor: Up to 2.5× based on consistency

• The website states accounts can "scale up to 2.5× as you stay consistent," but does not publish clear criteria for when scaling is triggered.

This lack of published criteria makes the scaling plan somewhat opaque. Traders should not assume scaling is automatic.

FundedFast Payout Rules: What You Need to Know

How Payouts Work at FundedFast

The payouts at FundedFast is standard, simple and structured well so that traders can trade, prove and frequently withdraw profits.

• Frequency: Every 7 days once funded

• Minimum trading days between requests: 5

• Processing time: Terms & Conditions state up to 5 business days. Marketing pages claim 24 to 48 hours as a target.

• Profit split: 80/20 default (trader/firm); up to 90/10 via checkout add-on

• No minimum profit buffer required to request a payout

Payout Methods

• PayPal

• Bank transfer

• Cryptocurrency

Refund Policy

• Challenge fee refunded on first payout: Yes, the FundedFast entry fee is included automatically as part of the first withdrawal after passing

• No refund on failure: If you fail the challenge, the entry fee is not refunded (except under EU 14-day cooling-off if no trades have been placed)

• Discount on repurchase: Traders who fail receive a discount code for the next attempt

Pros and Cons of Trading with FundedFast

Pros

• Low entry fees: $49 for a $5K two-phase challenge, one of the cheapest in the industry

• No time limit: Trade at your own pace on both challenge types

• Entry fee refunded: You get the challenge fee back on your first payout

• Weekly payouts: Request every 7 days with no profit buffer needed

• All instruments in one account: Forex, crypto, stocks, indices, metals, energy

• No commission or spread markup: Standard market conditions

• Transparent rules: Full T&Cs published publicly

• Optional drawdown add-on: 20% instead of 10% for larger accounts

• Available worldwide including US residents (except 40 restricted countries)

Cons

• Not verified: TTP Trust Score of 60/100 — no license or regulator information available

• No MT4/MT5 or cTrader: MatchTrader only, which limits platform choice

• No EAs allowed: Manual trading only — a dealbreaker for algorithmic traders

• Scaling is discretionary: No published criteria for how or when scaling happens

• Broker unconfirmed: No public information about the liquidity provider

• No copy trading: Not allowed during challenge or funded stage

• News trading restrictions: 5-minute blackout around major releases

• Consistency rule: Can unexpectedly raise the profit target after a strong day

• Per-trade risk cap: 3% maximum — restrictive for aggressive strategies

What Traders Are Saying About FundedFast

On the offical Trustpilot website, FundedFast has a Trustpilot rating of 4.2/5 and several positive reviews from traders who received payouts.

Verified quotes from the FundedFast site:

"I've received 3 payouts without any hassle. My journey has been through 3 challenges, 1 blown funded account and now a more successful funded account." — Trustpilot Verified, 5/5

"Fast withdrawals, no fuss, and super friendly staff." — Igor Couto, Trustpilot Verified

"Two payouts so far, both via bank transfer and both arrived the same day. Very happy with FundedFast." — Trustpilot Verified, 5/5

"The dashboard makes tracking your progress really easy. Their fee structure is more transparent than most competitors I've tried." — Nuno Santos, Trustpilot

External sites: Investing.com gave FundedFast a 4.5/5 editorial rating. DailyForex rated it 4.0/5 and called it "built around simplicity and accessibility."

Important caveat: On TheTrustedProp, FundedFast has no trader reviews yet and a Trust Score of 60/100. The firm is listed as unverified. Traders have reported issues, but the firm has not responded to any concerns. Unresponsive firms can be deleted from the platform within 48 hours.

Take Trustpilot reviews with some caution, prop firms sometimes incentivise positive reviews, and the sample on their site is curated.

Our Verdict: Should You Trade with FundedFast in 2026?

Our verdict on FundedFast prop firm is a mixed bag. The upsides are real: low entry fees, no time limit, weekly payouts, and a refundable entry fee on first payout. The rules are published clearly, which puts it ahead of less transparent firms.

But there are genuine concerns about FundedFast that might make you reconsider:

1. Not verified on The Trusted Prop. The firm lacks a strong trader footprint — few reviews, limited payout history, and minimal community presence — which prevents it from being verified. The TTP Trust Score of 49/100 reflects this uncertainty.

2. MatchTrader only. No MT4/5 or cTrader limits platform flexibility.

3. No EAs. Manual trading only.

4. Opaque scaling. No published criteria for when scaling kicks in.

5. No independent reviews on TheTrustedProp. The firm has not claimed its profile, and no trader has left a review yet.

Who this firm suits:

• Manual traders who prefer MatchTrader or TradingView charts

• Traders who want low entry costs and no time limit

• Traders comfortable with a consistency rule and per-trade risk cap

Who should look elsewhere:

• Algorithmic traders (no EAs)

• Traders who rely on MT4/MT5

• Traders who want a verified, regulated firm with a longer track record

• Traders who want clearer scaling criteria

Our stance: Cautious. The low price is attractive, but the lack of verification and limited platform support are real drawbacks. If you're considering FundedFast, check their latest rules, read the full T&Cs, and consider starting with the smallest challenge to test the process before committing more.

Free Funded Account Challenge?

FundedFast runs two trading competitions with cash prizes, and neither requires you to pass a challenge first.

The Open - free to enter every two weeks. You get a $100K virtual MatchTrader account and trade for 14 days. Top 3 finishers win cash: $25 for 1st, $20 for 2nd, $15 for 3rd. Every participant gets an exclusive reward by email.

The Masters - runs monthly with bigger prizes. 1st place takes $500 cash, 2nd gets $300, 3rd gets $200. Entry is free if you bought a challenge in the last 30 days. Otherwise, it costs $49.

Both pay out in crypto, PayPal, or bank transfer within 24 hours. No purchase is required to enter either competition.

FundedFast Discount Code

FundedFast currently offers 20% off every challenge with code FAST20.

They also run weekly flash sales (up to 50% off) exclusively through their Discord. Flash sales last 24 hours and rotate weekly.

Traders who fail a challenge receive a discount code by email for their next attempt.

Final Thoughts on FundedFast

FundedFast entered the prop firm space in 2024 with a clear pitch: low entry fees, no time limits, and weekly payouts. The execution so far looks decent, they have public rules, a responsive support team (per trader reviews), and a functional platform.

The red flags are the verification gap and platform limitations. With a TTP Trust Score of 60/100 and no license on record, traders should approach with caution. The firm is new, and in prop trading, "new" means "unproven." The fact that the broker is still under internal compliance review as of August 2026 does not inspire confidence.

If you do trade with them: Start small, read the full Terms & Conditions, and test the payout process with a small withdrawal first.

Risk reminder: Trading challenges involve risk. Most traders do not pass evaluations. Always read the firm's latest rules before buying. Never risk money you cannot afford to lose.

We'll keep updating this review as the firm might change rules or as new trader feedback comes in. If you've traded with FundedFast, leave a review on TheTrustedProp to help other traders make informed decisions.