Super Funded operates with a focus on providing an easy-to-use dashboard, fast payout processing, and a streamlined trading experience. Their partner broker, Eightcap, allows traders access to global markets, including Forex, Crypto, CFDs, Oil, and Indices, offering an expansive variety of trading options.
Company Information
- Company Name: Super Funded
- Company Legal Name: Prop Trade Tech LLC
- Company Registration No.: 2784 LLC 2022
- Country of Registration: Not disclosed
- CEO Name: Not available
- Support Email: [email protected]
Challenge Details
Super Funded offers a 2-Step Challenge designed to test and evaluate traders before they can move on to funded accounts. The challenge has a variety of pricing options depending on the account size.
Pricing:
- $6,000 Account: $66
- $10,000 Account: $99
- $25,000 Account: $158
- $50,000 Account: $298
- $100,000 Account: $550
- $200,000 Account: $999
Rules:
- Profit Target (Phase 1): 10%
- Profit Target (Phase 2): 5%
- Total Loss: 10%
- Daily Loss: Calculated based on the previous day’s balance
- Profit Share: Starts at 75%
- Drawdown Type: Equity-based drawdown
- Time Limit: Not specified
- Leverage: 1:100
- Max Lot Size: Not specified
- Payout Frequency: Bi-weekly (once qualified)
- Allows Copy Trading: Allowed but with restrictions
- Minimum Trading Days: Not specified
Once you pass the evaluation stages, you can join the ranks of funded traders and gain access to their exclusive trading dashboard. Super Funded allows you to track your stats, log in to your accounts, and view your progress in real-time with low latency data updates.
Scaling Plan
Super Funded does not offer any Scaling Plan at this moment.
Spreads and News Trading Rules
Spreads:
Super Funded, in partnership with Eightcap, offers competitive spreads and commissions to simulate real-world trading conditions. You can expect industry-standard pricing, allowing you to maximize profitability without worrying about inflated costs.
News Trading Rules:
News trading is strictly prohibited. Super Funded defines news trading as opening or closing trades within 10 minutes before or after high-impact news events. High-impact events are those marked in red on the Forex Factory calendar. Traders must avoid trading during this window to remain compliant with the rules.
Other Important Rules
Super Funded has several other important rules and guidelines to ensure fair play and prevent exploitation of the platform.
Daily Drawdown Calculation:
The daily drawdown is calculated as a percentage of the previous day’s ending balance. This means if your balance goes up or down, the daily drawdown remains the same percentage, but the dollar amount will adjust accordingly.
Countries Banned from Purchasing:
Due to regulatory restrictions, Super Funded is not available to traders from the following countries: Cuba, Iran, North Korea, Myanmar, Russia (or the Crimea, Donetsk, or Luhansk regions of Ukraine), Somalia, and Syria.
Gambling Rules:
Super Funded does not allow gambling-style trading. This includes taking reckless, high-risk trades in an attempt to achieve quick profits, as this goes against their principles of responsible trading.
Prohibited Trading Strategies:
Several trading strategies are prohibited on the Super Funded platform. These include but are not limited to:
- Account Management
- High-frequency trading (HFT)
- Tick scalping
- Grid trading
- Latency arbitrage trading
- Reverse arbitrage trading
- Martingale trading
- Data Feed Manipulation
- Use of Delayed Data Feed
If any of these strategies are detected, Super Funded reserves the right to terminate the account.
Payout Methods
Once you've transitioned to a funded account and traded for 30 days, you can request your first payout. After that, Super Funded allows bi-weekly withdrawals. Fast and secure payout processing is available through their trading software on both desktop and mobile devices, ensuring you get your profits as soon as possible.
Trading Commissions
Super Funded, through its partner broker Eightcap, offers competitive trading commissions that mirror real-world trading conditions. This ensures a transparent and fair trading environment where traders can focus on achieving their goals.
Account Sharing Rule
Super Funded strictly enforces the security of accounts by not allowing the sharing of account login details. Traders are responsible for maintaining the confidentiality of their account information, and any sharing of passwords is a violation of the platform’s rules.
