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The Funded Room review

Delaware-registered, India-focused prop firm with its own web platform, launched in 2026

CEO
Not disclosed
Headquarters
United States
Founded
2026
In business
Under 1 year
Trustpilot
2.6(3.7K)

Work at The Funded Room? Claim this profile

E

Our grade

Poor

3.1 / 10 · #33 of 34

2.6

Trustpilot

3.7K reviews

  • 5★25%
  • 4★2%
  • 3★4%
  • 2★3%
  • 1★65%
Pass rate8%
Hidden riskHigh
Payouts2.2/10
Max allocation$100K
Cheapest $100K$569
Programs3

The Funded Room is one of the cheapest ways into a funded account in 2026: a $50K Two-Step costs $299 and the $5K version $39. That price comes with a short, rough record. The firm launched in February 2026 on the reach of Indian trading YouTuber Mayank Raj, runs its own untested web platform, and has collected 3,742 Trustpilot reviews at 2.6 stars, 65% of them one-star. Payouts do happen, often within hours, but a third of recent complaints describe accounts failed under rules traders say they could not see coming.

Cheap accounts and real payouts, undercut by disputed breaches and a payout-day pattern we can't ignore

Our verdict

On paper The Funded Room is good value. A $50K Two-Step at $299 with a 10% static drawdown, no time limit and an 80% split undercuts almost every established firm, and traders do get paid, sometimes within an hour of asking. The firm's claim of $4.5 million paid by September 2026 is plausible given its volume of Indian traders.

Best for

Price-sensitive traders who hold trades for more than a few minutes, keep risk well under 3% per asset per day, and treat each account as a small, disposable bet.

Avoid if

You scalp, trade news, rely on MT4/MT5 or EAs, need dependable support, or plan to build a large balance before withdrawing.

Pros

  1. Very low prices: $39 for a $5K Two-Step, $299 for $50K and $569 for $100K.
  2. Static max loss on every program (10% on Two-Step) and no time limit to pass.
  3. Payouts can arrive fast: many traders report approval in minutes and funds within two hours via Rise or USDT.
  4. Two-Step targets of 8% and 5% are standard, with up to 1:100 FX leverage.

Cons

  1. 2.6 Trustpilot score with 65% one-star reviews eight months after launch.
  2. 20% of recent negative reviews report denied payouts, often right at payout time.
  3. Funded-stage profit filters: trades under 2 minutes excluded, sub-1-minute share capped at 10%, news profits removed.
  4. 3% per-trade risk is summed per asset per day on funded One-Step and Two-Step accounts.

The Funded Room scorecard

The same measured facts for every firm

Red flags

  • Many payout complaints. About 11.9 in every 100 reviews report a denied, cancelled or late payout.
  • Accounts lost to rule disputes. About 15.5 in every 100 reviews say an account or profits were taken over a rule.
  • Less than a year old. There is under a year of payout history to judge the firm on.

Every firm is checked against the same thresholds. How red flags work

Weighted score 3.1/10 → grade E

Methodology →
  • Payouts 25%2.2
    Payout complaints
    11.9 per 100 reviews
    Positive payout mentions
    55%
  • Transparency 15%2.8
    Rule disputes
    15.5 per 100 reviews
    Shares verified data with us
    No
    Publishes its own pass rates
    No
    Profile claimed by the firm
    No
    Names who runs it
    No
  • Rules & trading conditions 20%5.6
    Typical $100K price
    $599
    Top profit split
    80%
    Static drawdown option
    Yes
    Consistency rule
    Applies
    News trading
    Restricted
    No time limit
    Yes
    Fee refunded
    No
  • Reputation 20%2.5
    Trustpilot score
    2.6 / 5
    Recent 1-2★ reviews
    22% of the latest
    Years in business
    Under 1 year
    Trustpilot reviews
    3,742
  • Platforms & execution 10%2.0
    Trading platforms
    0
    Execution complaints
    21.2 per 100 reviews
  • Support 10%3.3
    Support complaints
    17.8 per 100 reviews
    Reviews praising support
    9%

The Funded Room firm overview

Platforms, markets, company and costs

Platforms
  • Proprietary
Markets
  • Forex
  • Metals
  • Crypto
Profit split
80%
Max allocation
$100,000
Leverage
Up to 1:100 (Two-Step FX); 1:30 FX on One-Step and Instant
Commissions
Not disclosed on the site or in the terms
Scaling plan

No published scaling plan: the terms mention one in passing but the split stays at 80% and the largest account is $100K. After each payout the paid accounts are reissued with a fresh balance.

Broker and data
  • In-house web and mobile platform (simulated accounts, Pyth/Polygon price feeds)
Company
Xybit Inc.New York, United States · founded 2026
CEO
Not disclosed

Payment and payout methods

How you pay for a challenge and how you get paid

Pay for a challenge with

  • Crypto (USDT and other tokens)
  • Credit/debit card
  • Slash (added September 2026)

Get paid with

  • Rise (bank transfer in local currency)
  • USDT (BEP-20; T&C also list ERC-20 and TRC-20)

Weekly payout window on Mondays (India Standard Time); each request needs 7 qualifying trading days. Payout details

The Funded Room pass rate

How hard is it to pass?

Challenge pass rate

8%

Estimate

~8% (our estimate)

Bar = this firm · line = average of the 34 firms we grade (14%)

The Funded Room publishes no pass rate and we found no third-party figure with a stated method. The Two-Step (8%/5% targets, 10% static max loss) resembles FTMO-style programs where firms have disclosed roughly 10% pass rates; the One-Step's 10% target against a 6% max loss is harder, and funded-stage rule failures cut the share that reach a payout further, so we estimate about 8%. Instant accounts have no evaluation and are not counted.

Basis: Our estimate from the challenge rules

Who is The Funded Room for?

Fit by trading style

Beginners

Poor fit

Cheap entry is tempting, but the layered funded-stage rules and platform glitches punish exactly the mistakes new traders make.

Experienced traders

OK with caveats

A disciplined trader who holds positions for minutes, sizes under 3% per asset per day and withdraws early can use the low prices, with a real risk of disputes.

Swing traders

OK with caveats

Unlimited time and allowed weekend holding help, but gap trading is banned and the 0.25% day rule and 15% Instant consistency cap slow payouts.

Scalpers

Poor fit

Funded profits under 2 minutes don't count, sub-1-minute trades are capped at 10%, and 4 same-direction fills in 3 minutes count as HFT.

EA & algo traders

Poor fit

Only trade-management EAs are allowed on a proprietary web platform with no MT4/MT5 or API access.

News traders

Poor fit

Funded profits from trades within 3 minutes of red-folder news are removed unless opened 5 hours earlier.

About The Funded Room

Founded 2026 · New York, United States

The Funded Room (TFR) is run by Xybit Inc., a Delaware company that gives a 48 Wall Street, New York address on its website and a Dover, Delaware registered-agent address on its Google Play listing. Its public face is Mayank Raj, an Indian trading YouTuber behind The Trade Room channel, while the Google Play listing and the site's admin settings point to Harshal Madnani of Xybit Funds as a company contact. The firm does not name a CEO. It claimed its Trustpilot profile in January 2026 and opened to traders in February 2026, with Raj citing more than 20,000 sign-ups on day one.

Trader tip

Hold every trade for at least two minutes and keep the summed risk on any one asset per day well under 3%, since funded profits from faster trades are removed and the per-pair rule is applied to the day total. Screenshot your dashboard before each Monday payout request: daily-loss and consistency disputes are the most common fight here, and support rarely reopens a failed account without your own evidence.

The Funded Room timeline

  1. Sep 29, 2026 · product

    New payment method

    Adds Slash as a card payment option after card payment problems. Source

  2. Sep 21, 2026 · milestone

    $4.5M payouts claimed

    The firm says it has passed $4.5 million in trader payouts in about seven months. Source

  3. Sep 2026 · rule change

    2-minute funded profit rule enforced

    Reviewers report that profits from trades under 2 minutes were removed at payout after the rule was announced on Telegram; it now appears in the T&C. Source

  4. May 2026 · controversy

    Payout rejection reports pile up

    PropFirmGeeks documents toxic-trading terminations at payout time and an $8,880 payout denial shared on X; Trustpilot score sits around 2.1. Source

  5. Apr 2026 · controversy

    Daily-loss calculation disputes go public

    Traders publish breakdowns showing Instant accounts failed against the initial balance instead of the daily start balance; one says the firm admitted a display or sync issue. Source

Restricted countries

2 countries and regions can't sign up

  • United States (blocked at checkout)
  • Countries under US, UK, EU or UN sanctions

The Funded Room FAQ

Questions traders ask

Is The Funded Room legit?

It is a registered Delaware company (Xybit Inc.) that sells real accounts and pays some traders, so it is not a fake site. But it only launched in February 2026, holds a 2.6 Trustpilot score with 65% one-star reviews, and faces many credible reports of disputed breaches and denied payouts. Treat it as high risk.

Does The Funded Room actually pay out?

Yes, the firm claims $4.5 million paid by September 2026 and many traders report payouts within hours via Rise or USDT. At the same time, 20% of recent negative Trustpilot reviews say a payout was denied or profits were cancelled, often for toxic trading, HFT or a daily-loss breach found at payout time.

How long do The Funded Room payouts take?

Requests are accepted only in a weekly Monday window (India time), and the firm says most are processed in under 2 hours, up to 24 hours with checks. Some traders confirm that speed; others report approved payouts still unpaid after days or weeks while trading on the account stays paused.

What is The Funded Room pass rate?

The firm does not publish one. We estimate about 8% of evaluation buyers reach a funded account, based on its Two-Step resembling FTMO-style programs with roughly 10% pass rates and its harder One-Step ratio of a 10% target to a 6% max loss.

What are The Funded Room's hidden rules?

The ones that catch traders are funded-stage filters: profits from trades under 2 minutes are excluded, more than 10% of trades or profit under 1 minute blocks payouts, 4 same-direction fills in 3 minutes is HFT, and risk on one asset per day is summed against a 3% cap. A trading day also only counts if your balance moves 0.25%.

Can you trade news with The Funded Room?

Yes in evaluation. On funded accounts, profits from trades opened or closed within 3 minutes of a red-folder ForexFactory event don't count unless the trade was opened at least 5 hours before the release.

Are EAs allowed at The Funded Room?

Only for trade and risk management. Third-party EAs built to pass evaluations and copy-trading services are banned, and since the firm uses its own web platform rather than MT4 or MT5, running a full trading algorithm is not practical.

Does The Funded Room accept US traders?

No. Checkout is blocked for US visitors even though the firm lists a New York address, and residents of sanctioned countries are excluded under its terms.

Is there a The Funded Room discount code?

The firm runs short codes through its X and Telegram channels, usually 10% off for a few days, and none was live on its site when we checked. There is no standing code, so check its official channels before buying.

Who owns The Funded Room?

It is operated by Xybit Inc., registered in Delaware. Indian YouTuber Mayank Raj is widely reported as the founder and is the firm's public face, and its app listing uses a Xybit Funds contact address; the firm does not publish a CEO or ownership breakdown.

What happens if I breach a The Funded Room account?

The account is failed and the fee is not refunded under any circumstances. You can buy a new challenge; the firm sometimes reissues accounts at its discretion, but traders report that disputes over breaches are rarely reversed.

The Funded Room 1-step vs 2-step: which is easier?

The Two-Step is easier to pass: 8% and 5% targets against a 10% static max loss and 5% daily loss, with up to 1:100 leverage. The One-Step needs 10% against only 6% max loss and 3% daily loss at 1:30, and costs more ($359 vs $299 for $50K).

What platform does The Funded Room use?

Its own browser-based terminal and a mobile app, not MetaTrader or cTrader. It offers 8 FX pairs, gold, silver, Bitcoin, Ethereum, Solana and Dogecoin, and reviewers frequently complain about chart lag, wide spreads and orders that fail to execute.

The Funded Room alternatives

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Sources

16 sources

  1. 1.The Funded Room homepage
  2. 2.The Funded Room trading rules
  3. 3.The Funded Room terms and conditions
  4. 4.The Funded Room Battle Clash September leaderboard
  5. 5.The Funded Room price list (site JavaScript bundle)
  6. 6.Trustpilot: The Funded Room (thefundedroom.com)
  7. 7.Trustpilot: Fundedroom (fundedroom.com)
  8. 8.Forex Peace Army: The Funded Room review
  9. 9.Prop Firm Match: The Funded Room (unlisted)
  10. 10.PropFirmGeeks: The Funded Room payout rejection crisis (May 2026)
  11. 11.The Funded Room on X: $4.5M payouts (Sep 21, 2026)
  12. 12.The Funded Room on X: Diwali discount proposal (Oct 6, 2026)
  13. 13.The Funded Room official Telegram channel
  14. 14.The Funded Room app on Google Play (Xybit Inc.)
  15. 15.The Funded Room app on the App Store
  16. 16.Consistency Rule Calculator: The Funded Room review (Feb 2026)