What types of accounts does The Royal Funding offer for traders?

The Royal Funding offers accounts ranging from $25,000 to $500,000, each with specific daily max loss and overall drawdown limits to suit different trading levels.

Can I trade during weekends with The Royal Funding?

Yes, traders at The Royal Funding are permitted to hold trades over the weekend, providing more flexibility in their trading strategies.

What is the profit split on live accounts at The Royal Funding?

The Royal Funding offers a generous 75% profit split on live accounts, with the option for traders to compound their account.

How is customer support structured at The Royal Funding?

The Royal Funding provides 24/7 customer support through email and live chat to assist traders with any questions or concerns at any time.

What are the trading rules for The Royal Funding’s assessment accounts?

The assessment accounts at The Royal Funding include a 4% daily loss limit and a 5% max trailing drawdown, along with requirements for stop-loss placement and trading activity.

Can I trade using an Expert Advisor with The Royal Funding?

Yes, The Royal Funding allows traders to use Expert Advisors to automate their trading strategies.

What leverage does The Royal Funding offer?

The Royal Funding provides leverage up to 1:10 for most products, with specific leverage ratios for different asset classes such as equities and cryptocurrencies.

What products can I trade with The Royal Funding?

Traders at The Royal Funding can trade FX pairs, CFD indices, metals, equity shares, and cryptocurrencies offered by EightCap.

Can I hold positions overnight with The Royal Funding?

Yes, The Royal Funding allows traders to hold positions overnight, providing greater flexibility in their trading strategies.

What platforms are supported by The Royal Funding for trading?

The Royal Funding supports trading on the MT4 and MT5 platforms, provided by their broker EightCap.

The Royal Funding Prop Firm Details and Reviews, Legit or Scam?

The Royal Funding

Email Not Provided

Unregistered

Details About The Royal Funding

Legal Name: Not disclosed

Company Number: Not disclosed

Country of Registeration: Not disclosed

CEO: Not available

Support Mail: Not available

Phone: Not available

Payment Modes: PayPal

Withdrawal Methods: Deel

Website: https://theroyalfunding.com

Banned Countries:

Challenge Details at The Royal Funding

Types of Challenges: One Phase Challenge

Trading Platforms: Metatrader

Trading Instruments: Forex, Crypto, Stocks, Commodities, Metals, CFDs

Broker: Eightcap

Max Allocation: $500,000

Scaling: $Not available

Trading Competitions: Does not organize Trading Competitions

Free Trials: Does not offer free Trials

About The Royal Funding

The Royal Funding is a proprietary trading firm that offers traders the opportunity to access significant capital in exchange for passing a one-stage challenge. With a variety of account sizes, strict risk management, and a clear payout structure.
Company Information
The Royal Funding has not mentioned any legal details related to their prop firm.
Challenge Details
The Royal Funding offers a One-Stage Challenge.
Pricing:
The firm offers a range of account sizes with corresponding fees:
$25,000 account: $189
$50,000 account: $319
$100,000 account: $619
$200,000 account: $1,489
$500,000 account: $2,899
This variety allows traders to choose the right level of capital to manage based on their experience and risk tolerance.
Rules:
Profit Target: 10%
Total Loss: 10%
Daily Loss: 5%
Profit Share: 75%
Drawdown Type: Trailing Drawdown
Time Limit: 30 days
Leverage: 10:1 for Forex, Metals, Indices; 5:1 for Equity Shares; 2:1 for Cryptos
Max Lot Size:
$25,000 account: 2.5 lots
$50,000 account: 5 lots
$100,000 account: 10 lots
$250,000 account: 25 lots
$500,000 account: 50 lots
$1 million account: 100 lots
Payout Frequency: 30 days
Allows Copy Trading: No
Min Trading Days: 0
Scaling Plan:
Although there is not much details mentioned about Scaling Plan but one thing that is mentioned that After three months of successful trading, traders can scale their accounts, unlocking higher capital amounts.
Spreads and News Trading Rules
Spreads:
The Royal Funding has not mentioned information about spreads.
News Trading Rules:
News trading is fully allowed and there is no restrictions whatsoever which means traders are free to trade however they want.
Other Important Rules
Daily Drawdown Calculation:
The daily drawdown is calculated based on the previous day's end-of-day (5 pm EST) balance. The drawdown still follows the nature of equity based drawdown which means the drawdown limit will keep changing as the account grows or shrinks.
Countries Banned from Purchasing:
The firm accepts traders from all countries except those on the OFAC list.
Prohibited Trading Strategies:
There is no mention of prohibited trading strategies by The Royal Funding. Traders are advised to talk with their support team before applying any EA or strategy.
Payout Methods
When traders are ready to withdraw profits, they simply send a request via email to The Royal Funding's support team. Profits are then posted to a Deel account, from which traders can withdraw through various available methods.
Trading Commissions
The Royal Funding uses RAW accounts, which means traders will incur commissions when trading Forex and Equity Share CFDs. However, all other products, including Metals, Indices, and Cryptos, come with no commission fees, making them more accessible to commission-sensitive traders.