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Funded Firm Review
FundedFirm is a Saint Lucia prop firm hit by a 2024 clone site and inflated payout scandal, and Trustpilot reviewers still rate it about 1.6 out of 5.
Min Deposit
N/A
Spreads From
Not published as a fixed rate; trading runs on a simulated MT5 feed
Max Leverage
1:100
Platforms
MetaTrader 5
Pros
- Profit split starts near 90 percent and can reach 100 percent
- Clearly lists its Saint Lucia registered company and office address
- Publishes its full restricted country list directly on its own site
- Some Trustpilot reviewers do report fast, real payouts within hours
Cons
- A 2024 report found its site closely copied rival FundedNext's design
- It cut its claimed total payouts by around 90 percent after that report
- Trustpilot rating sits near 1.6 out of 5 from hundreds of reviews
- Traders report accounts breached over disputed rule violations
- No tier one financial regulator oversees this prop trading model
FundedFirm LTD is a prop trading firm registered in Saint Lucia. It sells evaluation challenges on simulated MetaTrader 5 accounts, with funded sizes up to 100,000 dollars and a profit split that starts near 90 percent and can reach 100 percent.
In November 2024, Finance Magnates reported that FundedFirm's own website closely copied rival FundedNext, and that the firm cut its claimed payout total by around 90 percent after a trader exposed the numbers on video. FundedFirm now advertises 20 million dollars paid out, well down from the figure it once claimed.
Trustpilot reviewers still rate FundedFirm about 1.6 out of 5 from hundreds of reviews. Common complaints describe accounts breached over disputed rule violations and payouts denied after a profit target was reached. The firm blocks the USA, Cuba, Iraq, Myanmar, North Korea, Sudan, Iran, and Russia, and some traders do report fast, real payouts, so the picture is mixed rather than one sided.
Max Leverage
1:100
Spreads From
Not published as a fixed rate; trading runs on a simulated MT5 feed
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
