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 for their traders. Here are the details :-

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: 5%
• Profit Share: 70% and Up to 90%
• Drawdown Type: Static drawdown
• Time Limit: Unlimited
• Leverage: 1:100
• Max Lot Size: No Limit
• Payout Frequency: 14 Days
• Allows Copy Trading: Allowed
• Minimum Trading Days: 4 Days

Scaling Plan

Super Funded does not offer any Scaling Plan at this moment.

Spreads and News Trading Rules

Spreads:

Super Funded has partnered with Eightcap to offer the competitive spreads.

News Trading Rules:

News trading is strictly prohibited. Super Funded does not allow traders to open or close trades within 10 minutes before and 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

Daily Drawdown Calculation:

Super Funded calculates daily drawdown based on the balance  at the end of the day. The drawdown type used here is balance based drawdown which means the daily drawdown does not count floating equity and only increases or decreases based on the PnL of the account.

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
• 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. 

Prohibited Trading Strategies:

There are several trading strategies that are prohibited on the Super Funded platform. These include but are not limited to:

• Account Management Services
• 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

Super Funded offers payouts directly to trader's bank account.

Trading Commissions

Trading Commissions charges set by Super Funded are as follows :-

• For Crypto : 0.01% based of the trade volume and the opening price of selected crypto
• For Any Other Instruments : $7 per lot round trip

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.

IP Address Rule

Super Funded does not allow traders to trade multiple accounts from the same IP Address at the same time and also traders will have to trade with only one IP Address throughout the challenge and funded phase. Any sort of change in IP Address can lead to account suspension.