Review
Funder Pro

"Transform Your Fundraising Success with FunderPro"

"FunderPro: Revolutionizing Financial Trading with Lower Risks | Empowering Traders of All Levels for Success"

FunderPro stands as an exclusive proprietary trading firm at the forefront of transforming the dynamics of trader engagement in financial markets. By providing carefully designed challenges, the firm ensures that traders of diverse expertise have an equitable opportunity for success without limiting their potential for excellence.

To evaluate the capabilities of their traders, FunderPro employs a thorough two-phase evaluation process. In the initial phase, traders receive a demo account with virtual funds, allowing them to participate in simulated trading activities. Throughout this period, FunderPro meticulously monitors their performance and progress.

As an innovative proprietary trading firm, FunderPro is reshaping the landscape of trader engagement in financial markets to facilitate lower-risk trading opportunities. Through our platform, traders can effectively manage account sizes up to $200,000, thereby securing substantial profit splits of 80%. This advantageous arrangement is achievable through engaging in trading activities across a diverse array of instruments.

Who are Funder pro

FunderPro, an exclusive enterprise established in February 2023 and headquartered in Malta, provides traders with the opportunity to engage with capital amounts of up to $200,000. The company has forged a strategic alliance with a tier-1 liquidity provider, affording them direct market access through their brokerage platform.

FunderPro’s offices are physically located at 30/1, Kenilworth Court, Sir Augustus Bartolo Street, Ta’Xbiex XBX1093, Malta. In a recent announcement, FunderPro disclosed its sponsorship of Oliver Bearman, a promising British racing driver associated with the Ferrari F1 Driver Academy and presently competing with Prema Racing in FIA Formula 2. Bearman has achieved significant milestones in his career, securing championship titles, including the 2021 German and Italian FIA Formula 4 Championships, and is widely recognized as a highly talented individual in the sport. FunderPro has entered into a partnership with Bearman to offer support as he advances in his racing career.

Gary Mullen, the Chief Executive Officer of FunderPro, expressed enthusiasm about sponsoring Ollie Bearman and supporting his outstanding talent. Mullen emphasized the company’s commitment to innovative approaches in engaging with their target audience, highlighting that partnering with a dynamic young driver like Bearman aligns seamlessly with their corporate values. Bearman’s inspiring journey resonates with FunderPro’s approach to nurturing and investing in the development of aspiring traders.

As part of the partnership agreement, FunderPro’s branding will prominently feature on Ollie Bearman’s racing car, suit, and social media channels during the FIA Formula 2 race calendar. FunderPro and Bearman’s team will collaborate to extend the sponsorship’s global reach, with the goal of conveying the message that success in both racing and financial endeavors arises from dedication and perseverance. The company believes that such partnerships can positively impact the lives of young individuals by providing education about global markets and the communities they are part of.

Gary Mullen serves as the Chief Executive Officer of FunderPro, a pioneering company in the proprietary trading firm industry. Mullen and his team have developed a groundbreaking challenge aimed at revolutionizing the field by simplifying trading regulations and allowing traders unlimited time to complete the challenge, offering an unprecedented opportunity for individuals to showcase their trading prowess and generate substantial capital gains.

This opportunity is extended globally by Mullen and his team, enabling traders to trade their own capital and realize significant financial benefits. FunderPro’s additional resources are poised to enhance traders’ performance and enable them to achieve more favorable outcomes while collaborating with the company.

FunderPro was introduced to the market by Red Acre Group, a leading fintech powerhouse that leverages cutting-edge technology as the core of its operational framework. With expertise spanning various advanced sectors such as fintech and blockchain technology, Red Acre Group provides outstanding business solutions to organizations seeking to outsource professionals and elevate their operations to unprecedented levels of success. Red Acre Ltd’s primary objective is to alleviate the complexities associated with running a business by formulating strategic approaches, platforms, and sustainable solutions that optimize long-term performance and foster lasting prosperity.

Funding Options

FunderPro offers its traders the following evaluation program accounts to choose from.

Evaluation Program account

The FunderPro evaluation program accounts are designed to identify traders who consistently demonstrate discipline, and such traders are duly rewarded for their sustained performance during the two-phase evaluation period. The evaluation program account enables trading with a leverage ratio of 1:100.

During phase one of the evaluation process, traders are required to attain a profit target of 10%, ensuring that they do not exceed a maximum daily loss of 5% or a maximum cumulative loss of 10%. This phase has no specific time constraints, allowing traders to operate at their own pace, though a minimum of five trading days is a prerequisite to progress to phase two.

Phase two of the evaluation process necessitates traders to achieve an 8% profit target while adhering to the 5% maximum daily loss and 10% maximum loss rules. Similar to phase one, there are no time constraints within phase two, but traders must fulfill a minimum of five trading days to advance to a funded account.

Successful completion of both evaluation phases results in the trader being granted a funded account, free from profit targets. The trader is obligated to adhere solely to the 5% maximum daily loss and 10% maximum loss rules. The initial payout is scheduled seven calendar days after the trader initiates their first position in the funded account, with subsequent payouts following a weekly schedule. The profit split is 80%, based on the trader’s earnings within the funded account.

The evaluation program incorporates a scaling plan, requiring traders to achieve a profit target of 10% or more within a three-month period, with at least two out of three months being profitable. Meeting this requirement entitles the trader to a 50% increase in their original account balance.

Trading instruments for the evaluation program accounts encompass forex pairs, commodities, indices, and cryptocurrencies.

Evaluation Program Account Rules:

  1. Profit Target: Represents a specified percentage of profit that traders must achieve to successfully complete an evaluation phase, withdraw profits, or scale their trading account. Phase 1 sets the profit target at 10%, reduced to 8% in Phase 2. Funded accounts are exempt from profit targets.

  2. Maximum Daily Loss: Refers to the highest allowable daily loss before violating the account’s terms, capped at 5% regardless of account size.

  3. Maximum Loss: Signifies the maximum cumulative loss allowed before violating the account’s terms, capped at 10% for all account sizes.

  4. Minimum Trading Days Requirement: Denotes the minimum duration of active trading required before completing an evaluation phase or requesting a withdrawal. Both evaluation phases require a minimum of 5 trading days, but funded accounts are exempt.

  5. Consistency Rule: Mandates traders to maintain consistent position sizes, implement risk management strategies, and ensure stability in the account’s performance. The most successful trade’s profits should not exceed 60% of the overall profit target, applicable only during phase two of the evaluation process.

What makes Funder Pro different

FunderPro distinguishes itself from leading proprietary firms by refraining from imposing trading style restrictions. With FunderPro, traders enjoy the flexibility to participate in trading activities during news events, hold positions overnight, and trade over weekends.

In contrast to other proprietary firms, FunderPro employs a comprehensive two-phase evaluation program, requiring traders to successfully complete both phases for payout eligibility. The initial phase involves achieving a 10% profit target, while the second phase mandates an 8% profit target. Throughout both phases, specific risk management guidelines apply, including a maximum daily loss of 5% and an overall loss limit of 10%. Traders must actively participate in trading activities for a minimum of 5 days in each phase before becoming eligible for funding. Importantly, FunderPro’s evaluation programs include a scaling plan. Notably, unlike other prominent proprietary firms, FunderPro places no time restrictions on the evaluation phases, and the profit targets set have no maximum limitations.

In summary, FunderPro distinguishes itself through permissive trading regulations, allowing clients the freedom to engage in various trading activities. Despite this flexibility, FunderPro maintains competitive and achievable profit targets during the evaluation phases.

Is getting capital realistic

It is essential to assess the viability of trading requisites when choosing proprietary firms that align with your forex trading style. While an offer from a company providing a substantial percentage profit split on a well-funded account may appear attractive, it is imperative to scrutinize whether they anticipate significant monthly percentage gains with minimal percentage drawdowns, as this could markedly diminish your likelihood of success.

Obtaining capital from the evaluation program accounts is largely feasible due to their above-average yet achievable profit targets (10% in phase one and 5% in phase two), coupled with reasonable maximum loss regulations (5% maximum daily and 10% maximum loss). Additionally, both evaluation phases do not impose any constraints on the duration of trading periods.

Following thorough consideration, FunderPro emerges as an outstanding choice for securing funding, as the available evaluation program accounts present realistic trading objectives and conditions for payout eligibility.

Payment Proof: FundedPro was established in February 2023. Upon securing funding, your initial payout will be accessible within 7 calendar days if you are in profit. Subsequently, traders qualify for payouts on a weekly basis.

For examples of payment proof, reference the provided video featuring Gary Mullen, the CEO of FundedPro, interviewing their first funded trader.

Additionally, reliable payment proof can be found on their YouTube channel in selected videos where they conduct interviews with their traders. For instance, you can view and hear firsthand accounts of payments in the two following videos.

Which brokers does Funder Pro use

FunderPro exclusively collaborates with a tier-1 liquidity provider to facilitate institutional data feed and enable direct market access execution for their active corporate accounts, avoiding conventional broker brands. Regarding trading platforms, FunderPro provides the flexibility to trade on the esteemed MetaTrader 4 and MetaTrader 5 platforms. Additionally, traders can opt for TradeLocker, an advanced trading platform featuring sophisticated charting capabilities powered by TradingView, enhancing the overall trading experience for users. In terms of trading instruments, FunderPro offers the ability to trade forex pairs, commodities, indices, and cryptocurrencies.

Education and Support

FunderPro presents an extensive array of educational resources on its website, prominently featured in the blog section. Additionally, FunderPro furnishes traders with a meticulously organized dashboard, facilitating the adept management of risk through real-time statistical insights into their trading objectives.

A comprehensive Frequently Asked Questions (FAQ) section is strategically positioned at the bottom of FunderPro’s homepage, providing users with easy access to essential information that may have been inadvertently overlooked. For further assistance, FunderPro extends multiple channels for customer support. Users can engage with the support team through various social media platforms, convey messages via the website, or initiate contact via email at support@funderpro.com. Moreover, FunderPro ensures continuous access to assistance by offering around-the-clock live chat support, regardless of the time of day.

Clients review

FunderPro has garnered commendable user feedback, as evidenced by its impressive Trustpilot rating of 4.5/5 based on 16 reviews. It is noteworthy to recognize that FunderPro is a newly established funding program, and the limited feedback received thus far is a result of its operational commencement in February 2023. As the program matures, additional feedback is anticipated to accrue over time.

Social media stats

FunderPro can also be found on social media.

They have a:

  • Facebook page with 4 followers,
  • Instagram account with 25 followers,
  • Twitter account with 3 followers,
  • Youtube channel with no subscribers and no uploaded videos, and
  • LinkedIn channel with 24 followers.

In addition, FunderPro also has a Discord channel with 286 members and a Telegram group with 12 members for their community to interact.

Conclusion

In brief, FunderPro stands as a reputable proprietary trading firm, offering traders the opportunity to choose from a variety of evaluation program account sizes. The evaluation programs at FunderPro adhere to industry standards and encompass a two-phase assessment process. Successful completion of both phases is imperative for traders to secure funding and qualify for profit sharing. The initial phase mandates reaching a profit target of 10%, while the subsequent phase necessitates an 8% profit target. These targets align with practical trading objectives, especially in light of the mandatory adherence to the 5% maximum daily and 10% maximum loss rules. Through active participation in the evaluation programs, traders stand to benefit from an 80% profit share and the potential to scale their accounts up to $5 million.

I confidently recommend FunderPro to individuals in search of a proprietary firm with accommodating trading regulations. Despite its relative novelty, FunderPro provides favorable conditions that cater to a diverse array of traders with distinct trading styles. Following thorough consideration of all the advantages FunderPro offers, it undoubtedly emerges as one of the more promising proprietary trading firms in the industry.