SuperFunded is a proprietary trading firm dedicated to helping traders enhance their skills and achieve their financial goals. With over 500 trading assets available, including Forex, Crypto, CFDs, Oil, Indices, and metals, SuperFunded offers a comprehensive trading experience through its partnership with Eightcap, a leading broker known for industry-leading spreads and commissions.
SuperFunded's process is designed to support traders at every stage of their journey. It starts with an evaluation phase, where traders can choose their tier and demonstrate their trading skills. The evaluation requires adherence to risk management rules and the achievement of specific profit targets. Successful traders progress to the funding stage, gaining access to simulated capital on the SuperFunded dashboard, along with additional resources and a certificate of achievement.
The SuperFunded dashboard, accessible on both desktop and mobile, provides real-time data and low latency, ensuring traders can monitor their performance and stay updated on their profits. This user-friendly platform allows traders to view their challenges, manage virtual funded accounts, and track their stats seamlessly.
Traders can earn up to 90% of their profits, with favorable terms such as a 1:100 leverage ratio and a clear profit split structure. The program includes a minimum trading period of 30 days before the first withdrawal and bi-weekly payout requests thereafter. There are no specific profit targets for live funded accounts, but accounts must maintain a positive balance at the end of each 30-day trading period to qualify for withdrawals.
SuperFunded permits the use of EAs, indicators, and automated trading systems, although certain strategies, such as high-frequency trading and news trading, are prohibited. Traders can hold trades overnight and over the weekend, but must avoid copying trades from other users to comply with platform policies.
The firm’s drawdown limits are designed to protect traders, with a static maximum drawdown calculated from the initial simulated capital and a dynamic daily drawdown based on the previous day’s equity. This approach helps traders manage risk effectively while striving for consistent performance.
SuperFunded supports various payment methods, including credit cards, debit cards, Skrill, and cryptocurrencies, making it convenient for traders worldwide. However, due to regulatory restrictions, services are not available to residents of certain countries, including Cuba, Iran, North Korea, Myanmar, Russia, Somalia, and Syria. Additionally, US residents cannot purchase challenges, though US citizens living abroad with valid resident IDs may continue to use the platform.
