Rating breakdown
Things we didn't like:
Non-refundable evaluation feesNews trading restrictions on funded accounts
Limited broker partnership information
Why would you want an alternative to TYCOON FUNDED?
While Tycoon Funded offers a unique proposition with its dual backing by venture capital and a regulated brokerage, certain aspects may prompt traders to explore other options. The prohibition of copy trading limits strategies that rely on mirroring successful trades. Additionally, news trading is only permitted during the evaluation phase, restricting traders who capitalize on market-moving events in the funded phase. The firm's relative newness in the industry means there is limited user feedback and payout history, which may be a concern for traders seeking a well-established track record. Furthermore, while a scaling plan is mentioned, details on its structure and implementation are sparse, making it difficult for traders to assess long-term growth opportunities within the firm.
What other users do not like about Tycoon Funded
Tycoon Funded TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, Tycoon Funded has currently 21 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.30/5.00.
Main Complains according to the Users' Reviews
- Funding delays after passing challenges
- Account issuance confusion
- Concerns about timing of payouts
What to look for in a TYCOON FUNDED Alternative?
When considering alternatives to Tycoon Funded, traders should prioritize firms that offer flexibility in trading strategies, including the allowance of copy trading and news trading in both evaluation and funded phases. A transparent and well-defined scaling plan is essential for traders aiming to grow their account
Best TYCOON FUNDED alternatives – Proprietary Trading Firms like (or better than) TYCOON FUNDED
Rating breakdown
Things we liked:
Exclusive Discount Code (20% Off Exclusive Offer)Unlimited time for completion
Real Funding and Daily Payouts
Things we didn't like:
High challenge difficultyFunderPro 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.
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.