FundedHero
CEO
Dr. Dollar
Country
AE
Date Created
Jan, 2023
Years in Operation
3
Restricted Countries
Afghanistan
Belarus
Cuba
Iran
Iraq
North Korea
Russia
South Sudan
Sudan
Syria
Venezuela
Yemen
Platforms:
Payment Methods:
Payout Methods
Assets
What Is FundedHero?
FundedHero is a CFD prop trading firm launched in 2025 by Arturo Pestana and Joe Camacho. Traders pass a simulated evaluation challenge and receive a funded forex account with a profit split starting at 80% and scaling to 90%. No personal capital is at risk in the markets. The firm also operates a dedicated futures arm (FundedHero Futures) and its own brokerage (FHX Markets), giving it a broader ecosystem than most prop startups of its age.
What distinguishes FundedHero is its static drawdown model across all challenge types, full permission for news trading and weekend holding without add-ons, a 90% challenge fee refund spread across the first two payouts, and one of the lowest entry prices in the industry at $19. The firm has grown to over 10,000 traders, maintains a 4.8 Trustpilot score, and reports an average payout processing time of around seven hours.
Evaluation Rules
FundedHero offers six challenge models: 1-Step Hero, 2-Step Villain, 3-Step Hero, 3-Step Villain, Fast Pass Hero, and Instant Hero. All evaluation challenges carry unlimited duration — no calendar deadline. Drawdown is static (balance-based) throughout, meaning the floor never rises with profits. News trading and weekend holding are permitted on all plans without requiring a paid add-on.
Challenge Model Overview
| Model | Phases | Phase 1 Target | Drawdown | Best For |
|---|---|---|---|---|
| 1-Step Hero | 1 | 10% | Static | Fast funding, confident traders |
| 2-Step Villain | 2 | Lower split targets | Static (wider) | Budget entry, lower per-phase pressure |
| 3-Step Hero / Villain | 3 | Lowest per-phase targets | Static (widest) | Gradual, low-pressure path to funding |
| Fast Pass Hero | 1 (accelerated) | 10% | Static | Speed-optimised single phase |
| Instant Hero | No evaluation | — | Static (tighter) | Skip evaluation — funded immediately |
FundedHero's static drawdown is straightforward — but the daily loss limit is calculated on account equity, not just closed balance. That means floating losses on open positions count toward your daily limit in real time. A position that drifts into drawdown mid-session can consume your daily allowance before you close it, even if you expect it to recover. Traders running multiple open positions simultaneously are most exposed to this. Always monitor your live equity against the daily floor, especially heading into high-volatility windows like news events — even though news trading itself is permitted here.
Account Sizes & Pricing
FundedHero covers account sizes from $2,500 to $200,000 across all challenge types. Entry fees start at $19, making this one of the lowest-cost prop entries currently available. The firm regularly runs promotional codes — the homepage often shows an active flash discount. Challenge fees are not charged upfront in the conventional sense: 90% of the fee is refunded in two equal instalments across your first two payouts, making a passed challenge largely cost-neutral.
Both TradeLocker and MetaTrader 5 are available at checkout. The price range of $19–$2,679 reflects the full spread from the smallest 1-Step challenge to the largest Instant Hero account. Always verify current pricing on the FundedHero website — fees and promo availability change frequently.
1-Step Hero — Account Sizes & Entry Fees (indicative)
| Account Size | Profit Target | Drawdown | Entry Fee |
|---|---|---|---|
| $2,500 | $250 (10%) | Static | $19 |
| $5,000 | $500 (10%) | Static | From $39 |
| $10,000 | $1,000 (10%) | Static | From $79 |
| $25,000 | $2,500 (10%) | Static | From $179 |
| $50,000 | $5,000 (10%) | Static | From $279 |
| $100,000 | $10,000 (10%) | Static | From $479 |
| $150,000 | $15,000 (10%) | Static | From $699 |
| $200,000 | $20,000 (10%) | Static | From $899 |
2-Step Villain and 3-Step models use the same account sizes with lower per-phase profit targets and wider drawdown limits. Fees shown are indicative — confirm current pricing at fundedhero.com before purchasing. Flash discount codes are frequently available on the homepage.
Funded Account & Payouts
Funded accounts carry the same static drawdown rules as the evaluation phase. The profit split starts at 80% and increases through milestones, reaching up to 90%. Payout frequency follows a tiered progression — starting at every 25 days, then moving to 21, 14, 7, and eventually daily at the highest tier. The clock for each payout window resets after your first trade of the calendar month. Maximum funded allocation is $1,000,000.
Platforms & Instruments
FundedHero supports TradeLocker and MetaTrader 5. TradeLocker is a modern platform built on TradingView's chart engine, offering a clean interface with advanced order management on desktop and mobile. MT5 is the industry-standard platform preferred by algorithmic traders, offering the deepest EA ecosystem and the widest compatibility with third-party tools. Both platforms are available at checkout across all challenge types. FundedHero also operates FHX Markets, its own brokerage, which provides an additional layer of infrastructure stability beyond typical third-party broker dependencies.
Pros & Cons
- ✓Static drawdown throughout — the floor never rises with profits, always clearly defined
- ✓News trading (NFP, CPI, FOMC) permitted on all plans without a paid add-on
- ✓Weekend holding permitted on all plans without a paid add-on
- ✓90% of the challenge fee refunded across the first two payouts — near cost-neutral for traders who pass
- ✓Entry from $19 — one of the most affordable challenge fees in the CFD prop space
- ✓Six challenge models covering 1-step, multi-step, fast pass, and instant funding paths
- ✓EAs and automated trading permitted
- ✓Average ~7-hour payout processing time
- ✓MT5 support — broadest EA compatibility in the industry
- ✓Owns its own brokerage (FHX Markets) — reduces reliance on third-party infrastructure
- ✗Daily drawdown is equity-based — open floating losses consume the daily limit before positions are closed
- ✗Payout frequency starts at every 25 days — slower initial cadence than most established rivals
- ✗Founded in 2025 — shorter track record than legacy firms; fewer multi-year payout data points
- ✗CFD/forex only — no access to exchange-traded futures contracts
- ✗Maximum capital allocation of $1M is lower than some competitors who offer $5M+ scaling paths
MarketGrid Verdict
FundedHero has made a strong early impression for a 2025 entrant. The combination of static drawdown, unrestricted news and weekend trading on all plans, a near-full fee refund across the first two payouts, and a $19 entry point gives it a genuinely compelling pitch for forex traders who feel constrained by add-on paywalls at other firms. The MT5 addition and the FHX Markets brokerage arm signal a firm building infrastructure, not just selling challenges.
The equity-based daily drawdown is the one mechanic that demands real-time attention, particularly for traders who carry multiple open positions. And the payout frequency at entry tier is slower than rivals. Neither of these are dealbreakers — but they are the two numbers to model before committing. For the target audience of disciplined forex traders who trade news and want clean, transparent rules, FundedHero is one of the best newer options currently available.
5
0
4
0
3
0
2
0
1
0
0.0
User Friendliness:
Payout Process:
Customer Care:
Trading Conditions:
Reviews (0)
No reviews yet....
