Nordic Funder is a leading Sweden-based proprietary trading firm that empowers traders with funded accounts ranging from $5,000 to $1,000,000.
Known for its flexible evaluation programs, competitive profit splits up to 90%, and commission-free trading on Crypto and Indices, the firm combines Scandinavian efficiency with cutting-edge trading technology, making it a top choice for ambitious traders seeking scalable capital and structured growth opportunities.
What Is Nordic Funder?
Nordic Funder is a proprietary trading firm based in Sweden that has remote trading funding programs. They help traders get access to capital starting from $5,000 up to $1,000,000 so traders can manage the firm’s capital after completing a paid evaluation.
They keep 90% of the profits, have unlimited time to challenge them, and can trade without commissions on crypto and indices. They use MetaTrader 4 for trading, have a 1:20 leverage, and have withdrawals every two weeks on a platform called Rise.
Nordic Funder has good reputation in the trading community having a 4.5 star rating and is a good choice for traders who would like to get a funded trading account.
Nordic Funder Specifications
| Feature | Details |
|---|---|
| Account Currency | USD |
| Minimum Price | $42 |
| Maximum Leverage | 1:20 |
| Maximum Profit Split | 90% |
| Instruments | Forex, Crypto, Metals, Commodities, Indices |
| Assets | N/A |
| Evaluation Steps | 1-Step, 2-Step, 3-Step |
| Trading Platform | MetaTrader 4 (MT4) |
| Withdrawal Methods | Rise |
| Maximum Fund Size | $1,000,000 |
| First Profit Target | 5% |
| Maximum Daily Loss | 5% |
| Challenge Time Limit | Unlimited |
| News Trading | Yes (conditioned) |
| Maximum Total Drawdown | 8% |
| Commission per Round Lot | $7 (FX & Metals) |
| Trustpilot Score | 4.5/5 |
| Payout Frequency | Every 14 days |
| Established Country | Sweden |
| Established Year | 2021 |
Nordic Funder Account Sign-up and Verification Guide
Below are steps of Nordic Funder Account Sign-up and Verification Guide each comprising of a little over 30 words.
Visit the Official Website
You are always encouraged to use a safe browsing platform to access the official Nordic Funder website. To access the safe investment platform, always confirm the URL to avoid phishing pages.
Click “Create Account”
This will redirect you to a new page on the Nordic Funder website. You can begin filling out the registration form to create and personalize your Nordic Funder profile.
Enter Basic Information
Enter your name, email, phone number, and a secure password. Make sure the information is entered accurately, as this information will be needed for verification and to recover your position.
Verify Your Email Address
If you do not find a verification email from Nordic Fund in your inbox, please check your spam folder. If you do not find it, you can request a new verification email.
Log In to Your Account
Next, you will need to use the email you verified and the password you created to log in. In order to access the platform, you may need to accept the terms and conditions and finish filling out your profile.
Complete Personal Profile
Enter your personal information like your date of birth, where you live, your nationality, and some basic financial information. Providing accurate information helps the platform verify your information and what regulations it needs to comply with.
Commence Identity Verification (KYC)
Upload your government issued ID, a selfie to match your face, and some documents showing proof of where you live. Documents should be clear and easy to read to confirm your identity to the platform.
Send Documents for Processing
Once you have finished uploading your KYC documents, you will have the option of concluding the upload process and sending them to us for review. It takes a few minutes and up to a 48 hours for verification depending on how clear, accurate, and reviewed the documents were.
Set Up Two-Factor Authentication (2FA)
Get 2FA with an authentication app to add an extra layer of protection for your account. This will assist in managing your investment activities without someone gaining access to your account.
Start Utilizing Your Verified Account
You can now check the investments available and make deposits. Your account can now be used on all features available on the portal.
Pricing and Funding Model of Nordic Funder
There are three challenge types that Nordic Funder offers traders that are priced differently and have different risk levels: One-Stage, Two-Stage, and Three-Stage variations.
For the One-Stage Challenge, the fees are for $5K accounts, $42.50, and for $500K accounts, $4,887.50. The Two-Stage Challenge is also slightly more expensive at the start, but ends up with a cheaper price at the end if the account is higher.
Nordic Funder Stage Challenge
Nordic Funder provides three categories of challenge accounts: One Stage, One Stage Pro, and Two Stage. Here are the details of the One-Stage Challenge:
Pricing:
- $10,000: $125
- $25,000: $250
- $50,000: $425
- $100,000: $750
Rules:
- Profit Target: 10%
- Total Loss: 6%
- Daily Loss: 4%
- Profit Share: 75%, with add-on 90%
- Drawdown Type: Static Drawdown
- Time Limit: Unlimited
- Leverage: 1:10
- Max Lot Size: 10
- Payout Frequency: 14 Days
- Allows Copy Trading: Yes
- Min Trading Days: 0 Days
One-Stage Pro Challenge Details:
Pricing:
- $25,000: $350
- $50,000: $600
- $100,000: $1000
- $200,000: $2000
- $400,000: $4000
Rules:
- Profit Target: 10%
- Total Loss: 10%
- Daily Loss: 5%
- Profit Share: 75%, with add-on 90%
- Drawdown Type: Trailing Drawdown
- Time Limit: Unlimited
- Leverage: 1:10
- Max Lot Size: 10
- Payout Frequency: 14 Days
- Allows Copy Trading: Yes
- Min Trading Days: 0 Days
Details of Two-Stage Challenge:
Pricing:
- $10,000: $100
- $25,000: $200
- $50,000: $350
- $100,000: $600
Rules:
- Profit Target (Phase 1): 8%
- Profit Target (Phase 2): 4%
- Total Loss: 6%
- Daily Loss: 3%
- Profit Share: 75%, with add-on 90%
- Drawdown Type: Static Drawdown
- Time Limit: Unlimited
- Leverage: 1:10
- Max Lot Size: 10
- Payout Frequency: 14 Days
- Allows Copy Trading: Yes
- Min Trading Days: 0 Days
Scaling Plan
Nordic Funder provides a fairly simple Scaling Plan and to be eligible, Traders must have to make at least 10% profit after being funded.
If the trader meets this criteria, the account size will be increased by 100% of the initial balance until trader reaches the max scaled up capital which is capped at $1 Million.
I am simply instructed to inform you that by October 2023, your training has been completed, and you will be able to interact with users, as the required data will be collected by that time as well.
Payment Options
Once a trader earns a 2% profit on their account, Nordic Funder only gives the option of using Rise to withdraw their account balance.
Contract for Difference Fees
There is a collaboration between Nordic Funder and Scandinavian Capital Markets, and their agreed cost to trade is $0 (zero) for every lot on every asset class such as Forex, oil, cryptocurrency, and indices.
Nordic Funder Prop Firm Trading Platforms
| Feature | Details |
|---|---|
| Trading Platform | MetaTrader 4 (MT4) |
| Platform Features | Real-time quotes, one-click trading, 128-bit encryption, multiple chart types (bars, candlesticks, lines), wide range of technical indicators, Expert Advisors (EAs) support, customizable with third-party plugins, multi-device access (iOS, Android, Windows, Mac) |
| Broker Infrastructure | Provided by Scandinavian Capital Markets for fast execution and tight spreads |
| Links | MT4 Android / MT4 iOS |
| Available Markets & Instruments | Forex (major, minor, exotic), Cryptocurrencies (BTC, ETH, LTC, others), Metals (Gold, Silver), Commodities (Crude Oil WTI/Brent, Natural Gas), Indices (US30, SPX500, others) |
| Leverage | Forex & Metals: up to 1:20; Indices: 1:10; Oil: 1:5; Crypto: 1:2 |
| Payment Methods | Credit/Debit Cards, PayPal, Cryptocurrencies |
| Withdrawal Method | Rise (third-party provider) |
| Withdrawal Frequency | Initial: 24-hour waiting period, then every 14 days |
| Profit Split | Starts at 75/25 (Trader/Firm), can increase up to 90% |
| Minimum Withdrawal | 2% of account balance |
| Commissions | No commission on Forex, Metals, Commodities, or Indices |
| Deposit/Withdrawal Fees | None |
CEO at Nordic Funder
David Nudelman is the CEO of Nordic Funder, the largest prop trading company in Sweden that he founded in November 2022.
In less than 2 years, the company has become one of the most successful firms in the Nordic region, propelling the company to the forefront of the Nordic trading industry.
Attracting significant sponsorship from investors, Nudelman has crafted the vision to become one of the most prominent firms in European prop trading.
Countries Banned from Purchasing from Nordic Funder
| Country |
|---|
| USA |
| Afghanistan |
| Belarus |
| Burma |
| Burundi |
| Central African Republic |
| Congo |
| Cuba |
| Guinea |
| Guinea-Bissau |
| Iraq |
| Iran |
| Indonesia |
| Lebanon |
| Libya |
| Malaysia |
| Mali |
| Moldova |
| Nicaragua |
| North Korea |
| Pakistan |
| Russia |
| Somalia |
| Sudan |
| South Sudan |
| Syria |
| Vanuatu |
| Venezuela |
| Yemen |
| Zimbabwe |
Traders Need to Know:
Traders know that some strategies are not accepted by Nordic Funder including:
- High frequency trading
- Latency arbitrage
- Triangular arbitrage
- Hedging
- Hedging across different accounts
- Trading for others
- Third party trading bots
- Copy trading/managed account services like MQL5/ZuluTrade
Withdrawal Method
For payouts, Nordic Funder only uses Rise, and as soon as a trader has received a 2% profit in their account, they are able to withdraw their payouts.
Commissions on Trades
Commission for trades is set to $0/lot across all asset classes including Forex, oil, crypto, and indices as Nordic Funder collaborates with Scandinavian Capital Markets.
IP Rule
Nordic Funder has not set out any IP Address rule, however we advise traders to operate from the same IP Address that the challenge account has been purchased from.
Nordic Funder Customer Support
Nordic Funder emphasizes “Swedish efficiency” in assisting its traders, ensuring timely responses to questions and issues. However, their support channels are limited compared to some other prop firms.
| Support Method | Availability |
|---|---|
| Live Chat | Yes (Available on the Website) |
| Yes (hey@nordicfunder.com) | |
| Phone Call | No |
| Discord | No |
| Telegram | No |
| Support Ticket | No |
| FAQ | No |
| Help Center | No |
| No | |
| Messenger | No |
Conclusion
Nordic Funder is among the top proprietary trading businesses in all of Scandinavia with tradeable account balances from $5,000 to $1,000,000. CWe make commission-free trades on Crypto, Indices, and Oil, with 90% profit splits and flexible evaluation programs on $1,000,000 accounts in 1, 2, or 3 stage programs. Nordic Funder supports traders with over $100,000 in accounts to trade with tight risk parameters.
Meta Trader 4, leveraged accounts by 1 to 20, and our Swedish customer service make trading easier. Small geo-restricts and support limitations exist but, because of our transparent funding structure, scalable programs, and 4.5 star rating on Trustpilot, Nordic Funder is the best option to trade with if you want to scale.
FAQ
Nordic Funder is a Sweden-based proprietary trading firm that provides funded trading accounts to traders who pass their evaluation challenges. Funding ranges from $5,000 to $1,000,000 with a maximum 90% profit split.
All trading is conducted on MetaTrader 4 (MT4), supporting automated trading through personal Expert Advisors (EAs) and a wide range of charting and technical tools.
Traders can register on the Nordic Funder website by filling out their personal details. No ID verification is required initially, and you can access the dashboard in under five minutes. Verification is required after passing your first assessment.
Traders can access Forex, Cryptocurrencies, Metals, Commodities (Oil, Gas), and Indices, with leverage up to 1:20 depending on the asset.
Once you pass the challenge, you receive a funded account. Profit splits start at 75/25 and can go up to 90% in favor of the trader. Withdrawals are processed via Rise every 14 days, with a minimum withdrawal of 2% of the account balance.