Nordic Funder

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Details About Nordic Funder

Legal Name: Nordic Funder KB
Company Number: 969783-7335
Country of Registeration: SESE
CEO: David nudleman
Support Mail: Not available
Phone: Not available
Payment Modes: Crypto, Credit/Debit Card, PayPal
Withdrawal Methods: Rise

Challenge Details at Nordic Funder

Types of Challenges: One Phase Challenge
Trading Platforms: Metatrader
Trading Instruments: Forex, Crypto, Indices, Metals
Broker: Scandinavian Capital Markets
Max Allocation: $400,000
Scaling: $1,000,000
Trading Competitions: Does not organize Trading Competitions
Free Trials: Does not offer free Trials
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About Nordic Funder

Nordic Funder is a leading proprietary trading firm based in Sweden, founded in November 2021 by CEO David Nudleman. As a trader with Nordic Funder, you can access a funded account after passing a straightforward, single-step assessment. The challenge involves achieving a 10% profit target while adhering to a maximum trailing loss of 10% and a daily loss limit of 5%. Traders benefit from no time constraints, allowing flexibility to meet targets at their own pace.

Nordic Funder offers a generous profit-sharing scheme, with traders retaining up to 90% of their earnings. The firm provides multiple account sizes, ranging from $25,000 to $400,000, and the opportunity to scale up to $1 million as you achieve successive profit targets. This scaling model ensures that successful traders can progressively access larger amounts of capital.

Committed to transparency and fairness, Nordic Funder has established clear and straightforward rules. Traders must make a 10% profit to qualify for a funded account or to progress to the next funding level. The firm’s risk management policies include a 10% maximum trailing loss and a 5% daily loss limit, ensuring disciplined trading practices.

Nordic Funder’s partnership with Scandinavian Capital Markets, a top Swedish forex broker, ensures optimal trading conditions. Scandinavian Capital Markets offers a variety of trading instruments, including currency pairs, cryptocurrencies, precious metals, oil, and indices, though cryptocurrency trading is not available on weekends. Traders operate via MetaTrader 4, with upcoming support for cTrader and MetaTrader 5.

Traders have the flexibility to use various strategies, including automated trading systems and custom indicators, though high-frequency trading is not permitted. Martingale and grid trading strategies are allowed, and trade copiers can be used, provided they adhere to Nordic Funder’s guidelines.

Payouts are facilitated through the Rise platform, ensuring a streamlined and efficient process. Traders can request payouts once they achieve a minimum of 2% profit, with no re-verification needed if they already have a Rise account. The performance fee starts at 50%, with options to upgrade to 70% or 90%.

Nordic Funder, with its Swedish roots and commitment to integrity, aims to support a global community of traders. With over a decade of experience in online trading and asset management, the team is dedicated to providing a robust platform for traders to thrive. The firm’s Swedish values of transparency and trustworthiness are reflected in its operations, making Nordic Funder a trusted partner for traders worldwide.