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

The Funded Lion Review 2026: What Happened to Fundedlions?

Last Updated: May 2026

The Funded Lion isn't operating right now. The numbers say it's closed.

That's the short version. If you're reading this because you saw an old YouTube video hyping them up or found a discount code that still links somewhere, you need the full story first.

Fundedlions -- which trades under the brand name "The Funded Lion" on TheTrustedProp -- launched in December 2023. It was founded by Noman Iqbal, a trader who claimed over $1 million in personal profits. The pitch was simple: instant funding accounts, cheap challenges, and a CEO who understood traders because he was one.

For a while, it worked. The firm paid out over $630,000 early on. Traders in Pakistan, India, and parts of Europe bought in fast. The Leo Challenge starter account at $50 for a $10,000 evaluation looked like a steal.

Then things fell apart.

By September 2024, Fundedlions had paused all services after a dispute with their broker, Dominion Markets. The broker allegedly raised fees by 4x without warning and demanded retroactive payment. Fundedlions moved to MT5, promised refunds, and claimed they'd fix everything.

As of May 2026, the firm is marked as "closed" in our database. Trustpilot shows 71 reviews with a 3.8 score, but 16 of those are 1-star complaints about denied payouts and unresponsive support.

Let's walk through what actually happened, what the firm offered, and whether any of it still matters for traders looking for a prop firm today.

Who is Fundedlions?

Fundedlions -- also referred to as "The Funded Lion" -- is registered as Saint Lucia Ltd. The CEO is Noman Iqbal. The legal registration number, country of incorporation, and physical office address are not publicly listed.

The firm gained attention for three reasons:

1. Noman Iqbal's reputation -- He built a following as a prop trader who posted profits, strategies, and firm breakdowns on social media. His pitch was that he'd build a better firm than the ones he criticized.

2. Aggressive pricing -- The Leo Challenge started at $50 for a $10,000 account. The 1 Percenter instant funding account at $110 for $10k. That's cheaper than almost any established firm.

3. Instant funding -- Three of the four programs offered immediate access to capital with low profit targets (1% to 5%).

The combination worked. The firm claims it paid over $630,000 in payouts since launch.

What Fundedlions Offered (and Still Offers, If Active)

The data confirms four challenge programs. Here's what each one looks like.

Leo Challenge (Two-Phase Evaluation)

Rules:

• Phase 1 target: 8%

• Phase 2 target: 5%

• Total loss: 8% (static)

• Daily loss: 4%

• Profit share: 80%

• No time limit

• Minimum trading days: 3

• Payout frequency: every 14 days

• Leverage: 1:50 Forex, 1:30 Metals, 1:20 Indices, 1:10 Energies

This is their standard two-step evaluation. The 8% total drawdown is tight. Most firms offer 10% or 12%. The daily loss at 4% is standard.

The 80% profit share on the payout is decent. But here's the catch -- the profit target structure (8% then 5%) means you need 13% net gain across two phases before you see a funded account. That's harder than it sounds with only 8% total room for error.

1 Percenter Instant Funding

Rules:

• Profit target: 1%

• Total loss: 6%

• Daily loss: 4%

• Profit share: 25%

• No time limit

• Minimum 3 trading days

• Instant payouts

This is where things get weird. A 1% profit target sounds easy. But you only keep 25% of the profits. And the total drawdown is 6%, not 10%.

Why would a trader take a $100k account, target 1%, only keep 25% of that, and risk 6% drawdown?

The answer is leverage. With 1:50 on Forex, you can hit 1% in a few trades. But the profit split means you're essentially a paid signal provider for the firm. You do the work, they take 75%.

2 Percenter Instant Funding

Rules:

• Profit target: 2%

• Total loss: 10%

• Daily loss: 3%

• Profit share: 15%

• No time limit

• Minimum 3 trading days

• Instant payouts

• Scaling: profit split increases by 2% per payout, up to 30% after 9 payouts

The 2 Percenter has better drawdown (10%) than the 1 Percenter (6%). The profit split starts at 15%, which is low. The scaling plan is the only one Fundedlions offers.

After nine successful payouts, you'd reach 30% profit share. That takes months of consistent trading. And the daily loss is 3%, which is tighter than most.

Simba Instant Funding

Rules:

• Profit target: 1% to 5%

• Total loss: 8%

• Daily loss: 4%

• Profit share: 60%

• Payout frequency: every 7 days

• No time limit

The Simba program is the middle ground. Better profit split than 1 Percenter or 2 Percenter. Weekly payouts. The profit target range (1% to 5%) gives traders some flexibility.

The Payout Debate: What Traders Actually Say

This is where the story splits.

On Trustpilot, 54 out of 71 reviews are 5-star. Most of those read like short promotional blurbs. "Fast payout smooth process good customer support." "Best instant funding firm." "Cheap pricing and reliable payouts."

But 16 reviews are 1-star. And those tell a different story.

One verified trader (Trustpilot verified badge) said they received two payouts early on -- June and July 2024 -- but had their third payout denied "without violating any rules, simply because I was making too much."

Another trader reported passing Phase 1, being forced into a lower target for Phase 2, waiting 4 weeks for a live account, then getting a payout rejected for a consistency rule that was introduced after they started trading.

A third trader in November 2024 wrote that out of a 5,000-member Discord community, fewer than 50 had posted refund confirmations after the firm paused operations. The rest were still waiting.

The firm responds to some 1-star reviews by asking traders to email support. But multiple reviews mention emails going unanswered for weeks.

This pattern -- early payouts to build trust, then escalating excuses to deny later payouts -- is common in prop firms that eventually close. It's not proof of a scam. But it's a warning sign.

The Broker Dispute That Killed Them

In September 2024, Fundedlions paused all services.

CEO Noman Iqbal posted publicly that Dominion Markets -- their broker -- had increased fees by 4x without notice and demanded retroactive payment for accounts already created. Iqbal said the broker took control of Fundedlions' data and locked them out.

Dominion Markets told a different story. They said Fundedlions had exceeded the account limits under their $5,000 credit agreement and owed $3,024 in extra fees.

Fundedlions migrated to MT5, promised refunds to affected traders, and claimed they'd resume operations. The existing content on TheTrustedProp confirms they did return briefly. But the "firm_closed" flag in our database now says otherwise.

This is the risk that comes with trading at newer firms that rely on a single broker partnership. If that broker changes terms -- or the prop firm can't pay -- traders lose access to their accounts.

Key Rules You Need to Know

Prohibited strategies:

• Copy trading

• Group hedging

• Reverse trading

• Account management services

• Grid trading

• Trade stacking

• Martingale

• Latency arbitrage

Trade timing rules:

• No opening multiple trades within 5 minutes of each other

• Trades must remain open for at least 2 minutes

• Early closures won't count toward profit targets

IP restriction:

• Must use the same IP address throughout challenge and funded phases

• Different IPs trigger account management inquiries

Commissions:

• Forex and Metals: $3 per lot

• Indices and Energies: $0 per lot

Banned countries: 24 countries are restricted, including Afghanistan, Iraq, Iran, Japan, Myanmar, Pakistan, Russia, Syria, Ukraine (specifically Vietnam), and Yemen. Note that Pakistan is listed, despite many of the positive Trustpilot reviews originating from Pakistani users.

Pros and Cons (From Analysis, Not the Data)

Pros:

• Cheap entry prices across all programs, especially Leo Challenge

• High leverage (1:50 Forex) for traders who know how to use it

• Instant funding accounts eliminate evaluation stress for some traders

• EA trading and news trading allowed

• Weekend and overnight holding permitted

Cons:

• Firm is currently marked as closed in our database

• 6% total drawdown on the 1 Percenter program is extremely tight

• Low profit splits on instant funding accounts (15% to 25%)

• Multiple 1-star reviews cite payout denials and unresponsive support

• The 2024 broker dispute shows how fragile their operations were

• Banned countries list is unusually long for a firm of this size

• Consistency rules reportedly changed after traders already passed evaluations

• No verified payout proof available through our systems

The Review Authenticity Problem

Here's a hard truth about Fundedlions' Trustpilot page.

Of the 71 reviews, 54 are 5-star. Zero are 2-star or 4-star. Only one is 3-star.

That distribution -- all 1 or 5, nothing in between -- is statistically unlikely for any real business. Most firms get a spread across all star ratings. The fact that Fundedlions has almost perfect polarization suggests review manipulation.

Look at the 5-star reviewers. Most have usernames like "Malik Romail Rauf," "Haris Malik," "Muhammad Rafique" -- all from Pakistan, where the CEO is based. Many have only one review on their Trustpilot account, which is the Fundedlions review.

Some of the 5-star reviews are clearly AI-generated or templated: "Boss Instant Funding Accounts exceeded my expectations. Fast funding, competitive pricing, and excellent support." That exact structure repeats across multiple accounts.

The 1-star reviews, by contrast, contain specific details: account numbers, payout dates, Discord usernames, specific rule violations.

Which set of reviews looks more real?

Verdict: Should You Trade With Fundedlions?

No.

The firm is closed. Even if they reopen, the track record shows a pattern of payout denials, sudden rule changes, and a broker partnership that collapsed. The reviews are unreliable. The profit splits on instant funding accounts are low. The CEO's personal reputation doesn't offset the operational failures.

If you're looking for an instant funding program, there are firms with longer track records, transparent rulebooks, and verified payout histories. Compare Fundedlions against FTMO, The5ers, or FXIFY before committing money.

If you already have an active account and haven't received a payout or refund, email [email protected] and keep documentation. Based on trader reports, response times are slow and outcomes are unpredictable.

FAQ

Is FundedLions legit? Based on available information, the firm has paid out early traders but is currently marked as closed. Multiple traders report denied payouts and unresponsive support. Traders should confirm the firm's current status before purchasing any challenge.

What happened to FundedLions? In September 2024, FundedLions paused operations after a dispute with broker Dominion Markets over fee increases. The firm migrated to MT5 and promised refunds, but as of May 2026, the firm remains closed according to our database.

Does FundedLions allow copy trading? No. Copy trading is prohibited across all programs. The firm also bans group hedging, grid trading, Martingale, and latency arbitrage.

What is the payout frequency? Leo Challenge: every 14 days. Simba Instant Funding: every 7 days. 1 Percenter and 2 Percenter: instant (upon meeting profit target).

Can I use an EA with FundedLions? Yes. EA trading is allowed. But using third-party EAs for unauthorized purposes may lead to termination.

What leverage does FundedLions offer? 1:50 for Forex, 1:30 for Metals, 1:20 for Indices, 1:10 for Energies.

Risk Reminder

Trading challenges involve risk. Most traders do not pass evaluations. Always read the firm's latest rules before purchasing. FundedLions information changes fast. A review written in 2024 can be wrong in 2026 if the firm changed rules, pricing, ownership, or payout methods. Confirm on the firm's official website before buying.