Overview
Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.Things we didn't like:
High challenge difficultyWhy would you want an alternative to FUNDERPRO?
To recap, FunderPro is a new prop firm that offers up to $200K in funding. The Funded Challenge is a clean two-part evaluation with realistic profit targets and daily limits. The trader-friendly firm offers phenomenal customer support with a friendly team available all hours of the day (or night!) to answer questions and give help. Best of all, the firm gives traders unlimited time to complete the Challenge, and real money to trade with.
What’s not to like? The FunderPro Challenge is making waves in prop firm circles, and for good reason. The freedom, and more importantly, trust, that it gives traders make it a rewarding platform in both senses of the word! The profit split is generous, and funds are easy to withdraw.
The platform uses the powerful trading software MetaTrader 4 (widely considered the best in the industry) and the FunderPro customer support team is always available, making it a friendly and reliable platform to use. The Challenge fees are reasonable and there is the option to fast-track to a Funded Account. Of course, there is always room for improvement, and being new to the game, FunderPro may have some tweaks to make as it grows its trader base.
One area that could do with expansion is that of professional development. Some prop firms offer one-to-one mentorship and weekly assessment calls alongside auditing of results from an external company. FunderPro does give traders access to advanced analytics and tools to monitor and improve their results. Tutorials and mentorship programs would be a welcome addition to the platform.
Where FunderPro impresses is by being one of the first prop firms to scrap the Challenge deadline. It remains one of the sole platforms that give their traders real money to trade with instead of demo accounts and copy trading. Given the importance of trading in a pressure-free and trust-filled environment, these two features make FunderPro an excellent choice of Challenge and a welcome addition to the prop firm arena.
What other users do not like about FunderPro
FunderPro TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, FunderPro has currently 389 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.30/5.00.
What to look for in a FUNDERPRO Alternative?
The chance for unlimited time to complete the challenge is truly rare in the prop firm industry and sets this platform leagues ahead of some of its competitors. There are fundamental rules (profit goals that vary according to account size, for example) but these are minimal and do not hamstring the account holders in any way.
Best FUNDERPRO alternatives – Proprietary Trading Firms like (or better than) FUNDERPRO
Rating breakdown
Things we liked:
Unlimited evaluation free retries (Exclusive Refund Code 120%)No restrictions on trading style
Overnight and weekend holding allowed
A large variety of trading instruments
Things we didn't like:
Consistency rule for express accountsNo free trials available
Minimum 5 trading days
FundedNext Overview
In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.
Rating breakdown
Things we liked:
Exclusive Discount Code (10% Off Exclusive Offer)No Trading Restrictions
MetaTrader4, MetaTrader5
Things we didn't like:
Minimum Trading DaysTrailing Drawdown
FXIFY Overview
FXIFY is a London-based proprietary trading firm that provides traders with access to up to $400,000 in capital, which can be scaled up to $4 million. Co-founded in 2023 by David Bhidey and Peter Brown, FXIFY offers flexible assessment programs, including One-Phase and Two-Phase options.
Rating breakdown
Things we liked:
Up to 100% Profit SplitUnlimited Number of Trading Days
Fast Payouts
Things we didn't like:
10% Max Loss Limit on Accounts$10 Withdrawal Processing Fee
No swap free accounts
Funding Pips Overview
Funding Pips is a cutting-edge proprietary trading firm headquartered in Dubai. Specializing in CFD trading across various assets, including commodities, energies, currencies, cryptocurrencies, and indices, the firm offers traders access to evaluation (demo) accounts. Designed by traders for traders, Funding Pips provides standout features like up to 100% profit splits and fast payouts, making it a top choice for ambitious traders.