This article discusses FunderPro, an innovative tool that provides fast and flexible funding to traders and entrepreneurs. With FunderPro, getting access to capital is highly advantageous, especially with few KYC restrictions.
FunderPro has proper interface design, is accessible to support, and offers safe transactions, and all are vital to a pleasant experience. FunderPro empowers users to pursue their aspirations, take control of uncertainties, and achieve their objectives swiftly. It removes all limitations to both trading and business expansion.
What is FunderPro?
FunderPro, a proprietary trading firm started in Malta in 2023, aims to provide traders with ample capital via a controlled assessment method. Together with its partner, ‘ThinkMarkets’, it offers various trading tools, covering forex, indices, commodities, and even cryptocurrencies.
It has very few competitors due to its evaluation method that does not impose time limits, thereby empowering traders to move at their own pace.
It has very few competitors due to its evaluation method that does not impose time limits, thereby empowering traders to move at their own pace.
With profit sharing that can reach as high as 90%, FunderPro fosters a wide range of trading methodologies, while skill and discipline in trading are handsomely rewarded as well.
Key Points Overview
| Key Feature | Description |
|---|---|
| Platform Name | FunderPro |
| Purpose | Funding solutions for traders and entrepreneurs |
| Funding Type | Prop trading capital, business funding |
| Approval Process | Fast and reliable approvals |
| Flexibility | Customizable funding plans and terms |
| Supported Users | Traders, entrepreneurs, small business owners |
| User Verification | Minimal KYC requirements |
| Customer Support | Responsive support via chat/email |
| Accessibility | Online platform, easy-to-use interface |
| Security | Secure transactions and user data protection |
How to Set Up FunderPro
Go to the FunderPro homepage
Start by creating an account using the FunderPro app, accessed from the FunderPro homepage through a secure browser.
Register an Account
Hit on the ‘Register’ button and fill in the required and additional sections as instructed, such as user name, email, and set the password.
Email Confirmation
Follow the link in an email sent by FunderPro to confirm and validate your email and click on the verification link.
KYC
Upload an appropriate identifying document, like an ID, a passport or a driver’s license to verify your account correctly.
Get a Funding Plan
Select a funding plan that aligns with your level of investment and your business and trading objectives.
Prepare and Submit Your Application
With the little additional information, such as your business plan and trading experience at hand, you write and submit a funding.
Application Review
FunderPro is expected to reply within a few business days. They look over and analyse your application thoroughly.
Get Funding
Deposit money to your account or trading platform. This is done according to the plan that you selected.
Funds Withdrawal
Use these funds to trade or to invest in your business with strict compliance to FunderPro’s terms and repayment guide.
Support Services
Use either FunderPro’s email or chat services to reach out for additional support.
FunderPro Funded Account Sizes
One Phase Challenges
| Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Overall Drawdown |
|---|---|---|---|---|
| $5,000 | $79 | $700 (14%) | $200 (4%) | $350 (7%) |
| $10,000 | $139 | $1,400 (14%) | $400 (4%) | $700 (7%) |
| $25,000 | $249 | $3,500 (14%) | $1,000 (4%) | $1,750 (7%) |
| $50,000 | $349 | $7,000 (14%) | $2,000 (4%) | $3,500 (7%) |
| $100,000 | $549 | $14,000 (14%) | $4,000 (4%) | $7,000 (7%) |
| $150,000 | $819 | $21,000 (14%) | $6,000 (4%) | $10,500 (7%) |
| $200,000 | $1,099 | $28,000 (14%) | $8,000 (4%) | $14,000 (7%) |
Two-Phase Challenges
| Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Overall Drawdown |
|---|---|---|---|---|
| $5,000 | $79 | $500 (10%) | $250 (5%) | $500 (10%) |
| $10,000 | $139 | $1,000 (10%) | $500 (5%) | $1,000 (10%) |
| $25,000 | $249 | $2,500 (10%) | $1,250 (5%) | $2,500 (10%) |
| $50,000 | $349 | $5,000 (10%) | $2,500 (5%) | $5,000 (10%) |
| $100,000 | $549 | $10,000 (10%) | $5,000 (5%) | $10,000 (10%) |
| $150,000 | $819 | $15,000 (10%) | $7,500 (5%) | $15,000 (10%) |
| $200,000 | $1,099 | $20,000 (10%) | $10,000 (5%) | $20,000 (10%) |
Swing Two-Phase Challenges
| Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Overall Drawdown |
|---|---|---|---|---|
| $5,000 | $89 | $500 (10%) | $250 (5%) | $500 (10%) |
| $10,000 | $149 | $1,000 (10%) | $500 (5%) | $1,000 (10%) |
| $25,000 | $269 | $2,500 (10%) | $1,250 (5%) | $2,500 (10%) |
| $50,000 | $379 | $5,000 (10%) | $2,500 (5%) | $5,000 (10%) |
| $100,000 | $599 | $10,000 (10%) | $5,000 (5%) | $10,000 (10%) |
| $150,000 | $899 | $15,000 (10%) | $7,500 (5%) | $15,000 (10%) |
| $200,000 | $1,199 | $20,000 (10%) | $10,000 (5%) | $20,000 (10%) |
Profit-Sharing Models
| Profit Split | Conditions | Example (Earning $10,000) |
|---|---|---|
| 80/20 | Standard for smaller accounts | Trader keeps $8,000 |
| 90/10 | Awarded to top-tier traders or larger accounts | Trader keeps $9,000 |
With consistent profitability and adherence to rules, traders can scale up accounts—potentially doubling capital, growing into $400K or even $1M accounts with top-tier profit splits.
Understanding How The FunderPro Prop Firm Challenge Works
The FunderPro Prop Firm Challenge evaluates a trader’s real trading capability and discipline as a trader by simulating trading under a constructed market.
Traders select an account size ranging from $25,000 to $200,000, pay a fee, and trade a simulated account most often with ThinkMarkets, and try to achieve a target which is usually 10% profit while following the specified risk rules.
Unlike those in the market, FunderPro has no time limits on its challenges, making it apt for all trading styles. Successful traders are funded, qualified for rapid aggressive scaling, and profit share splits of up to 90% after passing the evaluator.
Step-by-step
- Set account size and choose a profit-split plan.
- Pay the fee and a simulated challenge account is generated.
- Efforts must be directed to attain the profit target while abiding by all risk and money-management frameworks within the specified time.
- No plan should be devised where the maximum daily loss collectively and overall loss should both be ignored.
- The challenge must be passed in order to receive the funded capital with scaling access. Collect profit splits according to the plan.
Key objectives
- Achieve the target profit on the simulated balance.
- Do not exceed the daily or cumulative drawdown limits.
- Show disciplined, systematic trading and risk management.
Such behavior is rewarded with extreme levels of patience, discipline and consistency, which is easy to achieve since traders set their own pace and there are no deadlines to chase.
Who is the CEO of FunderPro?
FunderPro’s CEO, Gary Mullen, alongside his team, has refined what he calls “a game changer” in the proprietary trading firm industry. Their vision revolves around the removal of trading restrictions and offering traders unlimited time to complete challenges, which greatly enhances accessibility.
The initiative’s purpose is to foster global traders’ talent so they can trade funded accounts and make real capital gains. FunderPro’s traders are also supported with valuable resources designed to help traders attain optimal results.
The firm is newly launched by the Red Acre Group, a blockchain and fintech business innovator, which other than developing sustainable business solutions and long term operational excellence, focuses on advanced technology sectors.
Key Features of FunderPro
Trader & Entrepreneur Funding
Funds are allocated for both trading and business activities.
Expedited Approval
Funding can be approved and accessed within a short time.
Customizable Funding Plans
Plans can be adjusted to suit individual needs and requirements.
No KYC
Reduced steps to onboarding means that the account verification process is minimal.
Security
Protection of personally identifiable information, along with transaction confidentiality, is guaranteed.
Customer Service
Queries and concerns can be addressed via chat and email.
Interface
Online services are presented on the platform clearly and logically to facilitate enhanced usage.
Availability
The service can be accessed and used by customers in any region of the world without diverse legal restrictions.
What Is Unique About FunderPro Compared to Other Prop Firms?
There are multiple options available for funded accounts. Why does FunderPro stand out from the crowd? Unlike most Prop Trading Firms, where traders are supposed to complete challenges using demo accounts, with FunderPro, traders complete challenges and get funded accounts. After passing, you will be able to trade with real funds and potentially earn profits or incur losses.
You get the fastest trader response time in the industry. Clients will be responded to promptly via telephone call and even via chat or email, from anywhere in the globe, with easy access to a customer support agent. Customer support agents strive to provide the best assistance to traders and will remain in contact with them until the issue is resolved.
Pro has best support system. Other prop firms have support systems that are complex; FunderPro has simple systems that are easy to understand.Since the challenge has no time limits, funderpro has no time limits or pressures for the account holders, thus trading at which ever pace suits the best for the account holders preferences, skill set and needs.
Accepted Countries
Almost all countries, including the US, are accepted. Exceptions are noted below:
“Funder Pro accepts most traders starting at the age of 18. Funder Pro does not accept traders from the following countries: Afghanistan, Belarus, Central African Republic, Democratic Republic of Congo, Cuba, Haiti, Iran, Iraq, Libya, Mali, Myanmar (Burma), North Korea, Somalia, Sudan, Syria, Russia, Donetsk Region of Ukraine, Zaporizhzhia Region of Ukraine, Luhansk Region of Ukraine, Kherson Region of Ukraine, Crimea Region of Ukraine, Sevastopol Region of Ukraine, Venezuela, and Yemen.”
Limitations & Risks
Eligibility Restrictions: FunderPro has specific requirements and not all applicants might get access to certain funding programs.
Funding Caps: The amount of funding available might be restricted based on certain devotion criteria.
Repayment Obligations: Traders and entrepreneurs are required to adhere to profit share and repayment obligations.
Market Risk: The funding with the trading aspect has the potential to be very volatile and can incur loss.
Dependence on the Platform: The access of alternative funding sources can be restricted by the sole usage of FunderPro.
Less Dependable: There are some users that claim that not all of the fees, the conditions, and the terms have been disclosed and even more, certain fees might be withheld like the idle account fee.
Different Legal Areas: The terms may vary across different countries, and local regulations may impact various aspects of it.
Pros & Cons
| Pros | Cons |
|---|---|
| Fast and efficient funding approvals | Funding limits may apply |
| Minimal KYC requirements | Eligibility criteria may restrict some users |
| Flexible funding plans | Trading funding involves market risks |
| User-friendly platform | Terms and fees may not always be fully transparent |
| Secure transactions and data protection | Relying solely on FunderPro limits alternatives |
| Responsive customer support | Availability and terms may vary by country |
| Supports traders and entrepreneurs | Repayment or profit-sharing obligations required |
Customer Support
In the Funder Pro review for my blog, I used the online chatbot, who suggested I speak with a live agent. The company seems to maintain a 24/7 customer service operation and seems to cover at least English, Spanish, and Arabic.
Besides using the form to email, I also saw that a support ticket could be created, but I could not find a contact telephone number for customer service.
Conclusion
FunderPro caters for traders and business owners with fast and flexible capital through its reliable platform. It offers excellent customer support and an intuitive interface, and has a no-to-minimal Know Your Customer policy, which makes it extremely easy to resolve funds.
They need to evaluate the restristions and limitations as well as the risks before making any final decision. Trading or any other form of business can be conducted efficiently with the help of the platform which makes it an excellent option for people.
FAQ
FunderPro offers a quick and efficient approval process, often within a few business days.
FunderPro requires minimal KYC, making onboarding easier compared to traditional funding platforms.
Yes, trading funding involves market risks, and all applicants should understand repayment or profit-sharing obligations.
Support is available via chat and email for any questions or issues.