FunderPro
CEO
Gary Mullen
Country
MT
Date Created
Dec, 2022
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
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What Is FunderPro?
FunderPro is a Malta-registered prop trading firm offering funded accounts across forex, indices, metals, crypto, and stocks. Traders pass a simulated evaluation challenge — one or two phases depending on the plan — and gain access to a funded account with an 80% profit split and daily payout eligibility. No personal capital is put at risk in the markets.
Founded in 2023, FunderPro has built its identity around three core trader-friendly mechanics: fixed (non-trailing) drawdown limits, daily payout availability from the funded phase, and a challenge fee that is fully refunded with the first reward. The firm offers three challenge types — One Phase, Pro, and Classic — with account sizes from $5K to $200K and a scaling path to $5M. Platforms supported are TradeLocker and cTrader.
Evaluation Rules
FunderPro offers three challenge types. The One Phase challenge funds traders after a single evaluation phase with a 10% profit target. The Pro challenge is the flagship two-phase model designed for intraday day traders. The Classic challenge is two-phase with no consistency rule and a lower Phase 2 target of 5%, suited to beginners. All challenges carry unlimited duration — no calendar deadline to pass. Accounts inactive for 30 consecutive days are terminated.
Challenge Type Comparison
| Plan | Phases | Phase 1 Target | Phase 2 Target | Daily DD | Overall DD | Consistency |
|---|---|---|---|---|---|---|
| One Phase | 1 | 10% | — | 3% | 6% | 40% best day |
| Pro | 2 | 10% | 8% | 5% | 10% | 40% best day |
| Classic | 2 | 10% | 5% | 5% | 10% | None |
On One Phase and Pro challenges, no single trading day's profit can exceed 40% of your total profits at the time of evaluation completion. This is not just a payout rule — it is a pass/fail condition on the challenge itself. A strong outlier day early in your evaluation can trap you: if that one day represents too large a share of your total, you either need to keep trading to dilute it down below the threshold, or you fail. The Classic plan removes this rule entirely, making it the better fit for traders whose edge produces occasional large wins alongside smaller regular days.
Account Sizes & Pricing
FunderPro offers account sizes from $5K to $200K across all three challenge types. Entry fees start at $69 for the One Phase $5K and scale up from there. Challenge fees are fully refunded with the first reward payout — effectively making the evaluation cost-neutral for traders who pass and generate their first profit withdrawal.
Add-ons are available at checkout to customise the account — including the Swing Add-On for weekend holding, which also adjusts leverage. Coupon codes are regularly available and can apply a significant discount across all challenge types and sizes. Always verify the discount is reflected in the cart total before completing purchase.
One Phase Challenge
| Account Size | Profit Target | Daily Drawdown | Overall Drawdown | Challenge Fee |
|---|---|---|---|---|
| $5,000 | $500 (10%) | $150 (3%) | $300 (6%) | $69 |
| $10,000 | $1,000 (10%) | $300 (3%) | $600 (6%) | $109 |
| $25,000 | $2,500 (10%) | $750 (3%) | $1,500 (6%) | $189 |
| $50,000 | $5,000 (10%) | $1,500 (3%) | $3,000 (6%) | $279 |
| $100,000 | $10,000 (10%) | $3,000 (3%) | $6,000 (6%) | $449 |
| $150,000 | $15,000 (10%) | $4,500 (3%) | $9,000 (6%) | $599 |
| $200,000 | $20,000 (10%) | $6,000 (3%) | $12,000 (6%) | $799 |
Pro and Classic challenges use the same account sizes ($5K–$200K) with identical Phase 1 targets (10%) but wider drawdown limits (5% daily / 10% overall). All challenge fees are refunded with the first reward payout. Check funderpro.com for current pricing — fees and add-on costs are subject to change.
Funded Account & Payouts
Funded accounts carry the same drawdown rules as the challenge phase. The maximum drawdown is fixed — it does not trail profits upward — which means profitable trading permanently builds a buffer between your current balance and the breach floor. Scaling is available: hitting a 10% monthly target three consecutive times unlocks a 50% capital boost, with a path to $5M in total funding. The profit split starts at 80% and increases to 90% after three consecutive profitable months.
Platforms & Instruments
FunderPro supports two platforms: TradeLocker, the firm's in-house platform built on TradingView's interface, and cTrader. TradeLocker provides a clean, modern charting environment with deep order management tools and is available on desktop and mobile. cTrader is a well-established institutional-grade platform with extensive automation support via cAlgo. Expert advisors (EAs) and bots are permitted on both platforms, making FunderPro one of the more algorithm-friendly prop firms in the CFD space.
Pros & Cons
- ✓Fixed (non-trailing) drawdown — profits permanently build a buffer above the breach floor
- ✓Challenge fee refunded in full with the first reward payout
- ✓Daily payouts available from the funded phase — minimum $100
- ✓EAs, bots, and algorithmic strategies permitted
- ✓No evaluation time limit — unlimited challenge duration
- ✓Scaling path to $5M in funded capital
- ✓Profit split rises to 90% after three consecutive profitable months
- ✓Classic plan removes the consistency rule entirely — suitable for traders with variable day-size returns
- ✓Account sizes from $5K to $200K across all three plans
- ✓Broad instrument coverage including forex, indices, metals, crypto, and stocks
- ✗40% consistency rule is a pass/fail condition on One Phase and Pro challenges — a single large winning day forces continued trading to dilute the share
- ✗One Phase drawdown limits are tighter than most rivals — 3% daily and 6% overall leaves limited room for intraday volatility
- ✗Weekend holding and news holding require a paid Swing Add-On — not included in the base challenge fee
- ✗Platform choice limited to TradeLocker and cTrader — no MT4 or MT5 support
- ✗Accounts inactive for 30 consecutive days are terminated regardless of account balance
- ✗CFD/forex only — no access to exchange-traded futures contracts
MarketGrid Verdict
FunderPro earns its position in the CFD prop firm tier through a combination of mechanics that genuinely favour the trader: a fixed drawdown that only ever works in your favour as profits accumulate, daily payout access, a fee refund on the first withdrawal, and full EA permission without bureaucratic gatekeeping. For algorithmic traders and systematic forex traders in particular, it is one of the cleanest structures available.
The consistency rule is the firm's primary friction point, and choosing the right plan matters more here than at most prop firms. Traders with steady, even daily returns should lean toward the Pro or One Phase. Traders with lumpy but profitable returns — where a single trade or day can produce outsized results — should take the Classic plan and accept the two-phase structure in exchange for eliminating the consistency condition entirely.
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