Tycoon Funded Review and Analysis
Overview
Emphasizing a trader-centric approach, Bold Fund offers both 1-Phase and 2-Phase Challenges with no time limits, allowing traders to progress at their own pace. The firm supports trading across various asset classes, including Forex, Crypto, Indices, Stocks, and Commodities, utilizing in-house technology.
Traders can benefit from profit splits up to 80%, with the potential to increase through the firm's scaling program. Additionally, Bold Fund hosts online trading tournaments, providing opportunities to win free challenge prizes and fostering a vibrant trading community.
Funded Accounts
How to Sign Up with Bold Fund
To get started with Bold Fund, traders need to select a suitable challenge that aligns with their trading goals. The firm offers various account sizes ranging from $5,000 to $100,000, with corresponding evaluation fees.
After registration and payment, traders receive access to a demo account to complete the chosen challenge. Upon successful completion, traders are granted access to a funded account, where they can trade and earn real profits based on the firm's profit-sharing model.
Challenge Overview
Bold Fund provides two primary evaluation models:
1-Phase Challenge
- Profit Target: 11%
- Max Daily Loss: 4%
- Max Total Drawdown: 8%
- Leverage: 1:100
- Minimum Trading Days: 6
2-Phase Challenge
- Phase 1 Profit Target: 8%
- Phase 2 Profit Target: 4%
- Max Daily Loss: 5%
- Max Total Drawdown: 10%
- Leverage: 1:100
- Minimum Trading Days: Not specified
Both challenges are designed to evaluate a trader's ability to manage risk and achieve consistent profitability. Successful traders can access funded accounts and participate in the firm's scaling plan.
Tycoon Funded Challenges
| Challenge | Price | Account Size | Steps | Profit target | Profit Split | Max Daily Loss |
|---|
| 10,000 3 Step Challenge | $63.5 | $10K | 3 | 5% / 3% / 5% | 90% | 3% |
| 25,000 3 Step Challenge | $83.5 | $25K | 3 | 5% / 3% / 5% | 90% | 3% |
| 50,000 3 Step Challenge | $113.5 | $50K | 3 | 5% / 3% / 5% | 90% | 3% |
| 100,000 3 Step Challenge | $193.5 | $100K | 3 | 5% / 3% / 5% | 90% | 3% |
| 200,000 3 Step Challenge | $233.5 | $200K | 3 | 5% / 3% / 5% | 90% | 3% |
| 10,000 2 Step Challenge | $48.5 | $10K | 2 | 8% / 5% | 90% | 4% |
| 25,000 2 Step Challenge | $113.5 | $25K | 2 | 8% / 5% | 90% | 4% |
| 50,000 2 Step Challenge | $123.5 | $50K | 2 | 8% / 5% | 90% | 4% |
| 100,000 2 Step Challenge | $153.5 | $100K | 2 | 8% / 5% | 90% | 4% |
| 200,000 2 Step Challenge | $233.5 | $200K | 2 | 8% / 5% | 90% | 4% |
| 10,000 1 Step Challenge | $63.5 | $10K | 1 | 10% | 90% | 4% |
| 25,000 1 Step Challenge | $113.5 | $25K | 1 | 10% | 90% | 4% |
| 50,000 1 Step Challenge | $123.5 | $50K | 1 | 10% | 90% | 4% |
| 100,000 1 Step Challenge | $193.5 | $100K | 1 | 10% | 90% | 4% |
| 200,000 1 Step Challenge | $233.5 | $200K | 1 | 10% | 90% | 4% |
Pros and Cons
Pros:
- No time limits on challenges
- Profit splits up to 80%, with scaling opportunities
- Access to multiple asset classes
- Support for Expert Advisors (EAs) and copy trading
- Online trading tournaments with free challenge prizes
Cons:
- Evaluation fees are non-refundable
- News trading restrictions on funded accounts
- Limited information on broker partnerships
Evaluation Metrics
Overall metrics
- Challenge difficulty: Moderate – achievable profit targets with defined drawdown limits
- Customer support: Available 24/7 via email and Discord
- Fee: Competitive evaluation fees, with various account sizes
- Payout scheme: Profit splits up to 80%, with potential increases through scaling
Meet the CEO
Information about the founders or executive team of Bold Fund is not publicly disclosed.
Frequently Asked Questions (FAQs):
What trading platforms are available?
Bold Fund uses an in-house proprietary platform.
Is there a time limit for completing challenges?
No, there are no time restrictions.
What profit split does Bold Fund offer?
Up to 80%, with scaling potential.
Are EAs or copy trading allowed?
Can I participate in competitions?
Yes, Bold Fund hosts trading tournaments with prizes.
How trusted is Tycoon Funded?
The trusted source of information on fintech matters SBO, gave Tycoon Funded a 3/ 5.00 rating based on analysing 20+ criteria and testing. Tycoon Funded is currently in 0th place in this ranking.
What is the Tycoon Funded fee?
Fees vary by account size and challenge type.
Does Tycoon Funded offer coupons for customers?
Yes, currently, there is one Tycoon Funded discount coupon 50NEW available for customers.
How can I find Tycoon Funded discount coupons and promo codes?
What is the profit split for Tycoon Funded?
What is Tycoon Funded evaluation process?
Offers 1-Step and 2-Step evaluations.
How do I become an Tycoon Funded Trader?
What is an acceptable max drawdown for Tycoon Funded?
5% daily / 10% total Maximum Drawdown is the Distance between the highest and lowest points (maximum and minimum peak).
What is Tycoon Funded Trading Duration / Time restriction?
What is Tycoon Funded leverage?
What financial instruments can be traded at Tycoon Funded?
Forex, Crypto, Indices, Stocks
Can I trade news at Tycoon Funded?
Can I hold trades overnight or over the weekend?
