Fundedlions is a fairly new prop firm in the prop firm space but gained a lot of popularity in a short amount of time. Fundedlions is owned and operated by a famous prop firm trader named Noman Iqbal who has made over $1 million in profit. Fundedlions offer traders 3 different types of instant funding accounts and a simple challenge program with funding up to $200,000 in each type of instant funding account and $100,000 in challenge program. Since its start, Fundedlions has paid over $630k in payouts.

Company Information

Company Name : FundedLions
Operating Since: 20 December 2023
CEO Name : Noman Iqbal

Challenge Details

FundedLions has 4 different types of challenge program, Leo Challenge, 1 Percenter, 2 Percenter and Simba.

Leo Challenge Details :- 

Pricing:

• $10,000 : $50
• $25,000 : $130
• $50,000 : $210
• $100,000 : $345

Rules:

• Profit Target(Phase 1) : 8%
• Profit Target(Phase 2) : 5%
• Total Loss : 8%
• Daily Loss : 4%
• Profit Share : 80%
• Drawdown Type : Static
• Time Limit : No limit
• Leverage : 1:50 for Forex, 1:30 for Metals, 1:20 for Indices, and 1:10 for Energies.
• Payout Frequency : 14 Days
• Allows Copy Trading : NO
• Min Trading Days : 3 Days

1 Percenter Challenge Details :- 

Pricing:

• $10,000 : $110
• $25,000 : $275
• $50,000 : $550
• $100,000 : $1100
• $200,000 : $2200

Rules:

• Profit Target : 1%
• Total Loss : 6%
• Daily Loss : 4%
• Profit Share : 25%
• Drawdown Type : Static
• Time Limit : No limit
• Leverage : 1:50 for Forex, 1:30 for Metals, 1:20 for Indices, and 1:10 for Energies.
• Payout Frequency : Instant 
• Allows Copy Trading : NO
• Min Trading Days : 3 Days

2 Percenter Challenge Details :- 

Pricing:

• $10,000 : $100
• $25,000 : $250
• $50,000 : $500
• $100,000 : $1000
• $200,000 : $2000

Rules:

• Profit Target : 2%
• Total Loss : 10%
• Daily Loss : 3%
• Profit Share : 15%
• Drawdown Type : Static
• Time Limit : No limit
• Leverage : 1:50 for Forex, 1:30 for Metals, 1:20 for Indices, and 1:10 for Energies.
• Payout Frequency : Instant 
• Allows Copy Trading : NO
• Min Trading Days : 3 Days

Simba Instant fund Details:-

Pricing:

• $10,000 : $94.5
• $25,000 : $207
• $50,000 : $315
• $100,000 : $513

Rules:

• Profit Target : 1% up to 5%
• Total Loss : 8%
• Daily Loss : 4%
• Profit Share : 60%
• Drawdown Type : Static
• Time Limit : No limit
• Leverage : 1:50 for Forex, 1:30 for Metals, 1:20 for Indices, and 1:10 for Energies.
• Payout Frequency : 7 Days
• Allows Copy Trading : NO
• Min Trading Days : 3 Days

Scaling Plan

Although Fundedlions does not provide any scaling program for account size but with Fundedlions’ 2 percenter Instant Funding Account, traders can scale up their profit split up to 30% from their base payout split 15%.

With each payout, Trader’s profit split will be increased by 2% and will up to 30% after 9 payouts.

Spreads and News Trading Rules

Spreads

Due to trading platform migration, As for now there is no clear information on spreads offered by Fundedlions.

News Trading Rules

News Trading is allowed in Leo Challenge and three instant funding accounts named as 1 Percenter, 2 Percenter and Simba as well. 

Other Important Rules

Prohibited Trading Strategies 

There are few trading strategies that Fundedlions does not allow on their platform. Practicing these strategies can lead to breach in the accounts.

• Copy Trading
• Group hedging
• Reverse Trading
• Using any kind of Account Management Services
• Grid Trading
• Trade Stacking
• Martingale Strategy
• Latency Arbitrage

Trading Commissions 

Trading Commission set by Fundedlions are as follows :

• Forex and Metals : $3 per lot
• Indices and Energies : $0 per lot

Multiple trade timing and minimum trade time Rule :-

Traders are not allowed to open multiple trades in the gap of less than 5 minutes and also traders must have to keep their trades open for at least 2 minutes. Trades closed earlier than this will not be counted.

IP Rule :- 

Traders must have to keep their account login in the same IP Address throughout the challenge and funded phase and also withInstant Funded accounts. Using different IPs can lead to account management inquiries.