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FunderPro review

Malta-registered CFD prop firm from the TradeLocker group, selling challenges since 2023

CEO
Tim Plummer
Headquarters
Malta
Founded
2022
In business
4 years
Trustpilot
≈2.8 · hidden
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E

Our grade

Poor

3.4 / 10 · #31 of 34

≈2.8

Trustpilot

1.6K reviews

  • 5★54%
  • 4★6%
  • 3★3%
  • 2★2%
  • 1★35%
Pass rate7.3%
Hidden riskVery high
Payouts0.0/10
Max allocation$200K
Cheapest $100K$539
Programs4

FunderPro rules & hidden risks

The fine print that costs traders accounts

Hidden Risk score

7.0/10

Hidden risk 7.0 out of 10, Very high

Very high risk

Average: 4.6

The written challenge rules are clear. What traders do not see coming is the review at payout time: clause 13.4 bans shared devices, VPS and IP addresses, and FunderPro uses it to refuse rewards from traders who say they traded alone on mobile or shared home networks. A 20% margin cap per asset class appears only on funded accounts, lot-size consistency is judged case by case, and the firm keeps the right to decline a funded account after a pass. Rule disputes make up 71.6% of recent negative reviews.

Hidden rules to know before you buy

  1. highdiscretion

    Payouts refused over shared IP or device findings

    Clause 13.4 prohibits shared devices, VPS and IP addresses. The firm flags overlapping IP ranges or device IDs at payout review and closes the account; traders on mobile carriers or household connections say they cannot avoid the overlap, and the firm withholds full technical evidence for security reasons.

    Source
  2. highlot-size

    20% margin cap per asset class switches on only after funding

    Challenges have no margin or lot limit, so traders pass with position sizes that break the funded-account rule: no more than 20% of the starting balance as margin per asset class (all FX pairs count together). First breach removes the profit from those trades from the payout; a second closes the account.

    Source
  3. highconsistency

    Lot-size consistency judged at the firm's discretion

    Clause 13.15 lets the risk team treat abrupt changes in lot size (their example: one lot, then ten) as gambling, with no numeric threshold. Reviewers say rewards were removed for lot-size ranges they considered normal.

    Source

The rulebook

Drawdown4 rules
  • Daily loss: 5% on Classic and Pro, 3% on One Phase and Instant, measured from the start-of-day balance at 5pm EST (00:00 server time).
  • Max loss: 10% on Classic and Pro, 6% on One Phase, fixed against the starting balance.
  • Instant: 6% max loss trails end-of-day equity until it reaches the starting balance, then stays fixed.
  • A phase only passes when all positions are closed.
Consistency4 rules
  • Pro: no day may exceed 45% of total profit in either phase; One Phase: 40%. Equity-based, so open trades count.
  • Classic has no consistency rule; funded accounts on all three challenges have none.
  • Instant: best day under 15% of the requested profit, plus five days with at least 0.5% profit before any payout.
  • Lot sizes must stay in line with your strategy; abrupt jumps can be treated as gambling.
News & timing4 rules
  • News trading and holding allowed in all challenges.
  • Funded accounts: no new trades from 2 minutes before to 2 minutes after restricted news unless the Swing add-on is active.
  • Positions must be closed by Friday 10pm server time and 2 hours before any market closure longer than 2 hours, unless Swing.
  • At least one trade every 30 days or the account fails.
Prohibited strategies4 rules
  • Latency, hedge, reverse and rollover arbitrage; HFT or AI tools that exploit execution speed or feed gaps.
  • Gap trading around market closures.
  • Hedging or copying across accounts of different people; group trading and signal copying.
  • Third-party EAs you do not own the source code of; tick-scalping EAs.
Gambling & risk4 rules
  • Funded accounts: max 20% of starting balance used as margin per asset class; first breach deducts the profits, second closes the account.
  • Instant: max 2% risk per trade idea and 80% total margin use.
  • Overleveraging, account rolling and one-sided all-in trades count as gambling.
  • The firm can disqualify an evaluation for trading it judges likely to cause large losses.
Account & KYC4 rules
  • KYC after passing; name and residence must match ID or the reward can be cancelled.
  • No shared devices, VPS or IP addresses with other traders.
  • VPNs allowed only if they do not hide your real country.
  • Combined funded starting capital capped at $200,000 ($100,000 on Instant).
Payouts3 rules
  • Classic, One Phase and Instant: bi-weekly, minimum $100.
  • Pro: daily rewards at a 60% split or weekly at 90% once 1% up.
  • Paid in USDC or via Rise, within one business day of approval.

What FunderPro allows

  • RestrictedEAs / botsRestricted

    Allowed only if you own the EA or its source code; HFT, latency or tick-scalping bots banned

  • RestrictedNews tradingRestricted

    Free in challenges; funded accounts need the Swing add-on, otherwise no trades 2 min either side of restricted news

  • RestrictedWeekend holdingRestricted

    Close by Friday 10pm server time unless you bought the Swing add-on (Instant accounts may hold)

  • AllowedOvernight holdingAllowed
  • RestrictedCopy tradingRestricted

    Only between accounts you own; copying other traders or signal services is banned

  • RestrictedHedgingRestricted

    Within one account only; opposite positions across accounts are banned

  • AllowedScalpingAllowed

    No minimum hold time, but latency arbitrage and HFT that exploit the feed are banned