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TradingFunds
Firm Review
- Review Updated: 1 September 2023
- Review By: Prop Firm Reviews
TradingFunds : Review Introduction
The newest prop firm on the block is TradingFunds and, even though it’s only been up and running for a matter of months, it’s currying some serious favour in the forex world… and it’s certainly not hard to see why, when you consider that it offers large profit splits, clear rules, a lack of daily drawdown restrictions and no minimum trading days.
If you’re looking for a supportive prop firm that will have your back throughout your entire trading journey, TradingFunds could well be the firm you’ve been looking for, with its vision being to build long-term relationships with traders of all levels, based on trust, transparency and mutual success. Read on to find out more.
1. Prop Firm Programs
Online prop firms are becoming more and more popular as time goes on and growing numbers of traders start to see the benefits of these organisations in helping them achieve their goals and ambitions, driving sky-high profits their way.
There are now more than 50 online prop firms to be found, which can make it a little tricky to find the best one to suit you and your trading style and strategies… but TradingFunds could very well be the prop firm you’ve been searching for all this time.
This firm is one of the newest to have made a name for itself in the wonderful world of forex and it has a huge amount to offer, with traders able to take advantage of up to $200,000 in trading capital and a rapid scaling plan that could see you hit $2 million in record time, if you cut the mustard and can prove your mettle as a trader.
2. Trading Rules & Environment
What really sets the TradingFunds firm apart from all the others is its lack of daily drawdown restrictions.
On your hunt for the perfect prop firm, what you’re sure to notice immediately is that every single one of them will have a restriction on daily drawdowns… but TradingFunds doesn’t, which is no doubt a huge part of why it’s fast becoming one of the top choices for many a trader out there right now.
It can be tricky for traders to remain within their daily drawdown restrictions of just a couple of per cent, but with TradingFunds you’ll enjoy a lot more breathing space and you’ll be able to ride your traders out, which means you’ll have a better chance of progressing quickly.
It’s also incredibly easy for you to set up a funded trading account with TradingFunds, so you can get the ball rolling sooner rather than later. There’s only one account to choose from, so there aren’t any decisions to make… all you need to do is pick which starting balance you’d like to begin with on the evaluation account and away you go.
No matter which balance you opt for, the rules on the account remain the same, with the only difference being the maximum scaling available per account. Once you receive your login details, you can start trading on the challenge account, with a profit target of 10%, which can be hit in any amount of time.
Additionally, TradingFunds has a one-step challenge model, which means it’s much quicker for traders to pass challenges since all you need to do is pass one step and you’ll be funded straightaway.
Conclusion? If you’re looking for a supportive prop firm that puts its traders at the very heart of its operations, offering support and guidance along the way, then TradingFunds is likely to be a great fit for you.
Specific Details
🖥 Trading Platform
💳 Deposit Methods
🏦 Withdrawal Methods
🪙 Account Sizes
📈 Tradable Instruments
📝 Rules
🌍 Brokers
💵 Account Currencies
↩️ Leverage
Pricing & Account Sizes
Evaluation Accounts
$25,000 // $199
$50,000 // $349
$100,000 // 649
$200,000 // $1,199
Instant Funding Accounts
Advantages & Disadvantages
Advantages of TradingFunds
No daily drawdown restrictions
Weekend holding permitted
No time duration on challenges
Attractive scaling plan
90% profit split
Great customer service
Disadvantages of TradingFunds
Relatively new in the industry
Not many reviews for now
No discord channel