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Funded Squad Review
Funded Squad is a Dubai based prop trading firm offering evaluation challenges since 2023, with strong reviews but real complaints about country access.
Min Deposit
N/A
Spreads From
Not published as a fixed rate; pricing runs on the chosen platform's own feed
Max Leverage
Not published as a single fixed figure
Platforms
MetaTrader 4, MetaTrader 5
Pros
- Trustpilot rating is strong, close to 4.8 out of 5 from many reviews
- Profit split can reach up to 90 percent of simulated trading gains
- Crypto payouts are typically processed within about 12 hours
- Copy trading across accounts is allowed, unlike many rival firms
Cons
- Some traders only learn their country is blocked after paying a fee
- Registered only in Dubai under IFZA, with no global regulator oversight
- Maximum funded amount per account trails larger, older rival firms
- All accounts are simulated, so no real market position is ever placed
Funded Squad is run by Devionics Technology FZCO, registered in Dubai under IFZA license number 46706. The firm began operating in September 2023, led by CEO Ajwad Saleem, and sells evaluation challenges for simulated funded accounts rather than real brokerage deposits.
Pricing starts near 249 dollars for a 25,000 dollar account, with instant funding, one step, and two step options. Profit split reaches up to 90 percent, payouts run through crypto within about 12 hours, and traders can use copy trading across accounts, a flexible rule many rivals ban.
Trustpilot reviewers rate Funded Squad highly, near 4.8 out of 5, and many mention fast payouts. A real complaint we found is that some traders only learn the platform will not work in their country, including parts of the United States, after they already paid for a challenge. No tier one financial regulator stands behind these simulated accounts.
Max Leverage
Not published as a single fixed figure
Spreads From
Not published as a fixed rate; pricing runs on the chosen platform's own 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
