DNA Funded Review and Analysis
Overview
DNA Funded is a proprietary trading firm launched in 2024, offering traders access to simulated funded accounts ranging from $5,000 to $200,000. Backed by the regulated broker DNA Markets, the firm provides various evaluation programs, including 1-step, 2-step, and a rapid 10-day challenge. While the firm presents itself as a flexible and accessible option for traders, recent user feedback suggests that there are significant concerns regarding its operations and customer service.
DNA Funded's evaluation programs are designed to assess a trader's consistency and risk management skills. The 1-step challenge requires a 10% profit target with a maximum daily loss of 5% and a maximum drawdown of 6%. The 2-step challenge involves two phases with profit targets of 10% and 5%, respectively, and slightly more lenient drawdown limits. The rapid 10-day challenge is tailored for traders seeking quicker evaluations, with a 5% profit target and stricter drawdown constraints. All challenges require a minimum of three trading days, and there are no maximum time limits for the 1-step and 2-step evaluations.
Funded Accounts
How to Sign Up with DNA Funded
To get started with DNA Funded, follow these steps:
- Visit the DNA Funded website and choose an evaluation program that aligns with your trading objectives.
- Register an account by providing your personal details.
- Select your preferred payment method—options include Credit Card, Debit Card, and Cryptocurrencies—and pay the evaluation fee.
- Upon payment confirmation, you'll receive access to a demo account to complete the chosen evaluation.
- Successfully passing the evaluation grants you access to a funded account, where you can trade and earn profits based on the firm's profit-sharing model.
Challenge Overview
DNA Funded offers three main evaluation programs:
Single Phase Evaluation
- Profit Target: 10%
- Max Daily Loss: 5%
- Max Total Drawdown: 10%
- Leverage: 1:50
- Account Sizes: $5,000 to $200,000
Two Phase Evaluation
- Phase 1 Profit Target: 10%
- Phase 2 Profit Target: 5%
- Max Daily Loss: 6%
- Max Total Drawdown: 10%
- Leverage: 1:50
- Account Sizes: $5,000 to $200,000
Rapid Evaluation
- Profit Target: 5%
- Max Daily Loss: 4%
- Max Total Drawdown: 8%
- Leverage: 1:50
- Account Sizes: $10,000 to $100,000
Each evaluation program is designed to assess a trader's ability to manage risk and achieve consistent profitability. Successful traders can access funded accounts and participate in the firm's profit-sharing model.
DNA Funded Challenges
| Challenge | Price | Account Size | Steps | Profit target | Profit Split | Max Daily Loss |
|---|
| $5,000 Two Phase Evaluation | $49.3 | $5K | 2 | 10% / 5% | 80% | 6% |
| $10,000 Two Phase Evaluation | $89.25 | $10K | 2 | 10% / 5% | 80% | 6% |
| $25,000 Two Phase Evaluation | $179.35 | $25K | 2 | 10% / 5% | 80% | 6% |
| $50,000 Two Phase Evaluation | $289 | $50K | 2 | 10% / 5% | 80% | 6% |
| $100,000 Two Phase Evaluation | $548.25 | $100K | 2 | 10% / 5% | 80% | 6% |
| $200,000 Two Phase Evaluation | $1138.15 | $200K | 2 | 10% / 5% | 80% | 6% |
| $5,000 Single Phase Evaluation | $58.65 | $5K | 1 | 10% | 80% | 5% |
| $10,000 Rapid Evaluation | $81.6 | $10K | 1 | 5% | 80% | 4% |
| $10,000 Single Phase Evaluation | $89.25 | $10K | 1 | 10% | 80% | 5% |
| $25,000 Rapid Evaluation | $195.5 | $25K | 1 | 5% | 80% | 4% |
| $25,000 Single Phase Evaluation | $210.8 | $25K | 1 | 10% | 80% | 5% |
| $50,000 Single Phase Evaluation | $318.75 | $50K | 1 | 10% | 80% | 5% |
| $50,000 Rapid Evaluation | $328.95 | $50K | 1 | 5% | 80% | 4% |
| $100,000 Rapid Evaluation | $548.25 | $100K | 1 | 5% | 80% | 4% |
| $100,000 Single Phase Evaluation | $617.95 | $100K | 1 | 10% | 80% | 5% |
| $200,000 Single Phase Evaluation | $1209.55 | $200K | 1 | 10% | 80% | 5% |
Pros and Cons
Pros:
- Profit splits up to 90%
- Multiple evaluation programs and account sizes
- Support for Expert Advisors (EAs)
- News trading allowed with specific time restrictions
- 24/7 customer support
Cons:
- Evaluation fees are non-refundable
- No balance scaling options
- Copy trading is not permitted
- Relatively new firm with limited historical data
Evaluation Metrics
Overall metrics
- Challenge difficulty: Moderate – achievable profit targets with defined drawdown limits
- Customer support: Available 24/7 via email and live chat
- Fee: Competitive evaluation fees, varying by account size and evaluation program
- Payout scheme: Profit splits up to 90%, with bi-weekly payouts
Meet the CEO
Information about the founders or executive team of DNA Funded is not publicly disclosed.
Frequently Asked Questions (FAQs):
What asset types can I trade with DNA Funded?
Forex, Commodities, Indices, Cryptocurrencies, and Stocks.
Are Expert Advisors (EAs) allowed?
Is news trading allowed?
Yes, but positions cannot be opened or closed 10 minutes before or after major data releases, news events, or significant macroeconomic updates.
Are challenge fees refundable?
No, DNA Funded does not offer refunds on challenge fees.
Can I use copy trading strategies?
No, copy trading is not allowed under DNA Funded’s evaluation or funded account rules.
Is balance scaling available?
No, DNA Funded does not offer scaling plans at this time.
What are the profit split options?
Traders can earn up to 90% of profits, depending on the account and performance.
What payment methods are accepted?
DNA Funded accepts payments via credit/debit card and cryptocurrencies.
How trusted is DNA Funded?
The trusted source of information on fintech matters SBO, gave DNA Funded a 3/ 5.00 rating based on analysing 20+ criteria and testing. DNA Funded is currently in 0th place in this ranking.
What is the DNA Funded fee?
Fees range from $49 to $1,209 depending on challenge type and account size.
Does DNA Funded offer coupons for customers?
Yes, currently, there is one DNA Funded discount coupon TL25 available for customers.
How can I find DNA Funded discount coupons and promo codes?
What is the profit split for DNA Funded?
80% profit split, up to 90% with scaling plan.
What is DNA Funded evaluation process?
Offers One-Phase, Two-Phase, and Rapid Challenges.
How do I become an DNA Funded Trader?
10%/5% (2P), 10% (1P), 5% (Rapid)
What is an acceptable max drawdown for DNA Funded?
5% daily / 6% total (most challenges) Maximum Drawdown is the Distance between the highest and lowest points (maximum and minimum peak).
What is DNA Funded Trading Duration / Time restriction?
10-day limit (Rapid), No time limit (others)
What is DNA Funded leverage?
1:30 Forex / 1:10 Indices-Stocks / 1:2 Crypto
What financial instruments can be traded at DNA Funded?
Forex, Crypto, Stocks, Indices, Commodities
Can I trade news at DNA Funded?
Allowed with timing limits
Can I hold trades overnight or over the weekend?
Crypto allowed; others limited
