FunderPro evaluates their traders’ potential with a 2-phase evaluation process, where they are given a demo account with virtual funds to trade on, while they monitor their performance.
FunderPro operates as a proprietary trading firm that is revolutionizing the way traders engage with financial markets, presenting avenues for trading with reduced risks. Their challenges are thoughtfully crafted to offer traders at all experience levels an equitable chance to succeed without constraining their journey toward achievement. FunderPro employs a two-stage evaluation approach to assess their traders’ experience. This involves providing a demo account equipped with virtual funds for trading, all while closely observing their performance.
FunderPro Company Information
You can learn more about FunderPro’s company details in the spreadsheet below.
| Company Information | FunderPro |
|---|---|
| Incorporation | February 2023 |
| Location | Malta |
| CEO | Gary Mullen |
| Maximum Account Size | Evaluation Program: $200,000 |
| Trading Platform | MetaTrader 4, MetaTrader 5 |
| Broker | ThinkMarkets |
Founded in February 2023, FunderPro is a proprietary trading firm with headquarters in Malta, led by CEO Gary Mullen. They provide traders with an opportunity to participate in a single distinct funding plan, offering account sizes of up to $200,000. Traders gain access to trading accounts through ThinkMarkets, and they have the option to utilize MetaTrader 4 or MetaTrader 5 as their trading platform.
Funding Plans
FunderPro offers a single distinct funding program to traders worldwide.
Evaluation Program
| Account Sizes | One-time Fee |
|---|---|
| $25,000 | $250 |
| $50,000 | $300 |
| $100,000 | $550 |
| $200,000 | $995 |
| Trading Parameters | Parameter Values |
|---|---|
| Phase 1 Profit Target | 10% |
| Phase 2 Profit Target | 8% |
| Daily Drawdown | 5% |
| Maximum Drawdown | 10% |
| Leverage | 1:100 |
| Minimum Trading Day Requirements | 5 Calendar Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations |
| Profit Split | 80% |
Evaluation Program Scaling Plan
Evaluation Program accounts have a consistency-based scaling plan. This means that you are required to reach a profit of 10% or more within a three-month period. Out of the three months, two have to be positive. By meeting all the objectives, FunderPro will increase your initial account balance by 50%.
FunderPro Two-step Comparison
Two-step Comparison of FunderPro & E8 Funding (Normal)
| Trading Parameters | FunderPro | E8 Funding (Normal) |
|---|---|---|
| Phase 1 Profit Target | 10% | 8% |
| Phase 2 Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 8% (Scaleable To 14%) |
| Leverage | 1:100 | 1:100 |
| Minimum Trading Day Requirements | 5 Calendar Days | No Minimum Trading Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations | Phase 1: No Time Limitations Phase 2: No Time Limitations |
| Profit Split | 80% | 80% |
Two-step Comparison of FunderPro & FundedNext (Stellar)
| Trading Parameters | FunderPro | FundedNext (Stellar) |
|---|---|---|
| Phase 1 Profit Target | 10% | 8% |
| Phase 2 Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Leverage | 1:100 | 1:100 |
| Minimum Trading Day Requirements | 5 Calendar Days | 5 Calendar Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations | Phase 1: No Time Limitations Phase 2: No Time Limitations |
| Profit Split | 80% | 80% Up To 90% |
Community Trustpilot Feedback
FunderPro has a great rating on Trustpilot, where we can find numerous comments from their community. They have 66 comments with a great rating of 4.1/5, where they are rated as five stars by 71% of all the individuals.
Conclusion
To conclude the review, we can clearly see that FunderPro is a reputable proprietary trading firm with various attractive features. They provide traders with the flexibility to choose from an evaluation program with different account sizes. When it comes to community feedback, they have a great Trustpilot rating of 4.1/5. After going through everything FunderPro has to offer, they can be considered a very attractive option within the proprietary trading firm industry.
