FundedBull Review
FundedBull is a Singapore linked funded trader challenge firm founded by a former XM executive. It is not a regulated broker, funded accounts are simulated.
Account Sizes
$5,000, $10,000
Profit Split
90%
Max Drawdown
8%
Payout
First payout 14 days, then 7 days
Pros
- Flat 90 percent profit split with no scaling tiers or paid add ons needed
- No time limit on funded accounts, so there is no rush to hit a target
- No stop loss requirement gives traders more control over their own risk
- Offers DXTrade, MatchTrader, and cTrader, with TradeLocker coming soon
Cons
- Not a licensed broker, funded accounts trade simulated demo capital only
- Trustpilot has just 15 reviews, too few for a confident reputation read
- Some traders report accounts frozen after passing a funded challenge
- Restricts a long list of countries, including Russia, Iran, and Vietnam
FundedBull is owned by RateRight Pte. Ltd., registered in Singapore in May 2024. Desimir Paskalev, who spent about a decade at retail broker XM, founded it and launched the brand in July 2024. Its own terms say it does not carry out regulated activity, and it only offers demo trading education, not real brokerage accounts.
Traders pick a 1, 2, or 3 step evaluation on accounts from 5,000 to 250,000 dollars. A 2 step example needs an 8 percent then 5 percent profit target, with a 4 percent daily loss limit and an 8 percent overall limit. Funded accounts keep a flat 90 percent profit split with no time limit, 50 to 1 leverage, and a 500 dollar minimum payout.
FundedBull runs a live 20 percent discount code on every evaluation, stacking to 25 percent with a second code. Its Trustpilot score sits around 3.6 from just 15 reviews, and some traders report accounts frozen after passing a challenge. It restricts a long list of countries, including Russia, Iran, Vietnam, and Hong Kong.
Min. Deposit
USD 20
Max Leverage
50:1 on funded accounts, per the firm's own published trading rules
Spreads From
Not a spread based broker account, cost is a one time evaluation fee
Platforms
Challenge Types
Account Sizes
Evaluation Fee
From $152
Profit Split
90%
Daily Drawdown
4%
Max Drawdown
8%
Payout Frequency
First payout 14 days, then 7 days
Trading Rules
- Unlimited trading period
- No stop loss required
- Leverage 50:1
Platforms
