“Transform Your Fundraising Success with FunderPro”

Who are Funder Pro?

FunderPro is an exclusive company that was incorporated in February 2023 and operates from its office in Malta. It provides traders with the opportunity to work with capital of up to $200,000. The company has established a partnership with a tier-1 liquidity provider, granting them direct market access through their broker.

The physical address of FunderPro’s offices is situated at 30/1, Kenilworth Court, Sir Augustus Bartolo Street, Ta’Xbiex XBX1093, Malta.

FunderPro has recently made an announcement regarding their sponsorship of Oliver Bearman, a promising British racing driver affiliated with the Ferrari F1 Driver Academy and currently competing with Prema Racing in FIA Formula 2. Bearman has achieved notable success in his career, securing several championship titles, including the 2021 German and Italian FIA Formula 4 Championships. He is widely regarded as one of the most talented up-and-coming individuals in the sport. FunderPro has entered into a partnership with Bearman to provide support as he continues to progress in his racing career.

Gary Mullen, the CEO of FunderPro, expressed excitement about sponsoring Ollie Bearman and supporting his exceptional talent. Mullen highlighted the company’s commitment to innovative approaches in engaging with their target audience, emphasizing that partnering with a dynamic young driver like Bearman aligns perfectly with their values. The inspiring journey of Bearman resonates with FunderPro’s approach to nurturing and investing in the development of aspiring traders.

As part of the partnership agreement, FunderPro’s branding will be prominently displayed on Ollie Bearman’s racing car, suit, and social media channels during the FIA Formula 2 race calendar. FunderPro and Bearman’s team will collaborate to expand the sponsorship’s global reach, aiming to convey the message that success in both racing and financial endeavors stems from dedication and perseverance. The company believes that such partnerships can have a positive impact on the lives of young people by providing education about global markets and the communities they are a part of

Who’s the CEO of Funder Pro?

Gary Mullen serves as the Chief Executive Officer of FunderPro, a company at the forefront of the proprietary trading firm industry. Through meticulous efforts, Mullen and his team have developed a groundbreaking challenge that promises to revolutionize the field. By simplifying trading regulations and allowing traders unlimited time to complete the challenge, FunderPro has created an unparalleled opportunity for individuals to exhibit their trading prowess and generate substantial capital gains.

Mullen and his team eagerly extend this opportunity to traders worldwide, aiming to enable them to trade their own capital and reap real financial benefits. Moreover, FunderPro’s additional resources are poised to enhance traders’ performance and enable them to achieve more favorable outcomes while collaborating with the company.

FunderPro was introduced to the market by Red Acre Group, a pioneering fintech powerhouse that leverages cutting-edge technology as the core of its operational framework. With expertise spanning various advanced sectors such as fintech and blockchain technology, Red Acre Group offers exceptional business solutions to organizations seeking to outsource professionals and elevate their operations to unprecedented levels of success. Red Acre Ltd’s primary objective is to alleviate the complexities associated with running a business by formulating strategic approaches, platforms, and sustainable solutions that optimize long-term performance and foster lasting prosperity.

The founding program options:

FunderPro offers its traders the following evaluation program accounts to choose from.

Evaluation program account:

Phase one of the evaluation process necessitates traders to achieve a profit target of 10% while ensuring they do not exceed a maximum daily loss of 5% or a maximum loss of 10%. There are no specific time constraints within this phase, allowing traders to trade at their own pace. However, a minimum requirement of five trading days must be met to advance to phase two.

Phase two of the evaluation process requires traders to attain a profit target of 8% while adhering to the 5% maximum daily loss and 10% maximum loss rules. Similar to phase one, there are no time restrictions within phase two, allowing traders to take their time in executing trades. However, a minimum of five trading days must be fulfilled to progress to a funded account.

Successful completion of both evaluation phases results in the trader being granted a funded account with no profit targets. The trader is solely obligated to adhere to the 5% maximum daily loss and 10% maximum loss rules. The first payout is scheduled seven calendar days after the trader initiates their first position in the funded account. Subsequent payouts will be based on a weekly schedule. The profit split will be 80%, based on the trader’s earnings within the funded account.

The evaluation program also includes a scaling plan. Traders are expected to achieve a profit target of 10% or more within a three-month period, with at least two out of the three months being profitable. Upon meeting this requirement, the trader will receive a 50% increase in their original account balance.

Example:

After 3 months: If you have a $200,000 account, your account balance will increase to $300,000.

After next 3 months: Balance of $300,000 increases to $400,000.

After next 3 months: Balance of $400,000 increases to $500,000.

And so on…

Trading instruments for the evaluation program accounts are forex pairs, commodities, indices, and cryptocurrencies.

Evaluation program account rules

The profit target represents a specified percentage of profit that must be achieved by a trader in order to successfully complete an evaluation phase, withdraw profits, or scale their trading account. In phase 1, the profit target is set at 10%, while in phase 2, it is reduced to 8%. However, funded accounts are exempt from having profit targets.

The maximum daily loss refers to the highest allowable loss that a trader can incur within a single day before violating the account’s terms. Regardless of the account size, the maximum daily loss is capped at 5%.

Similarly, the maximum loss signifies the maximum cumulative loss that a trader can incur overall before violating the account’s terms. All account sizes adhere to a maximum loss limit of 10%.

The minimum trading days requirement denotes the minimum duration during which a trader must actively engage in trading before being eligible to complete an evaluation phase or request a withdrawal. Both evaluation phases necessitate a minimum of 5 trading days. However, funded accounts are not subject to any minimum trading day requirements.

The consistency rule mandates traders to maintain consistent position sizes, implement risk management strategies, manage losses and gains, and so forth. Essentially, the account’s performance should exhibit a certain level of stability and should not display significant discrepancies. Moreover, the profits obtained from the most successful trade must not exceed 60% of the overall profit target. It is important to note that this rule solely applies during phase two of the evaluation process.

What makes Funder Pro different from other prop firms?

FunderPro distinguishes itself from the most prominent prop firms in the industry by refraining from imposing restrictions on your trading style. With FunderPro, you have the freedom to engage in trading activities during news events, hold positions overnight, and even trade over the weekends.

In contrast to other prop firms, FunderPro implements a comprehensive two-phase evaluation program that necessitates traders to successfully complete both phases in order to qualify for payouts. The initial phase entails achieving a profit target of 10%, while the second phase requires an 8% profit target. During both phases, there are specific risk management guidelines in place, including a maximum daily loss of 5% and a maximum overall loss of 10%.

Furthermore, traders are expected to actively participate in trading activities for a minimum of 5 days in each phase before becoming eligible for funding. Importantly, FunderPro’s evaluation programs also encompass a scaling plan. Notably, unlike other prominent prop firms, FunderPro does not impose any time restrictions on the evaluation phases, and the profit targets set are attainable without any maximum limitations.

In summary, FunderPro sets itself apart from the majority of prominent proprietary firms in the industry through its permissive trading regulations. Clients have the freedom to engage in trading activities during news events, retain positions overnight and over weekends, and face no time constraints during the evaluation phases. Nonetheless, FunderPro maintains a competitive and attainable profit target during these evaluation phases.

Which brokers do Funder Pro use?

FunderPro engages exclusively with a tier-1 liquidity provider to facilitate institutional data feed and direct market access execution on their active corporate accounts, eschewing common broker brands.
In terms of trading platforms, FunderPro offers the option to trade on the renowned MetaTrader 4 and MetaTrader 5 platforms. Additionally, traders have the choice to utilize TradeLocker, a state-of-the-art trading platform with advanced charting capabilities powered by TradingView, enabling users to elevate their trading experience.

Trading instruments: 

FunderPro allows you to trade forex pairs, commodities, indices, and cryptocurrencies.

Trading fees

Education and support for traders

FunderPro provides plenty of educational content on its website. It’s located in the blog section of the website.
In addition, FunderPro also provides traders with a well-structured dashboard, making it easier to manage risk with all the live statistics of their trading objectives.

FunderPro offers a comprehensive Frequently Asked Questions (FAQ) section located at the bottom of its homepage, where users can access pertinent information that may have been previously overlooked.

For any further assistance, FunderPro provides multiple channels for customer support. Users can reach out to the support team through their social media platforms, send a message via their website, or make contact via email at support@funderpro.com.

Furthermore, FunderPro offers round-the-clock live chat support, ensuring uninterrupted access to assistance at any time of the day.

Traders’ Comments about Funder Pro

FunderPro has excellent feedback from user reviews.

Trustpilot displays an impressive rating of 4.5/5 based on 16 reviews for FunderPro. It is important to acknowledge that FunderPro is a recently established funding program, and as such, additional feedback is expected to accumulate over time. The limited amount of feedback can be attributed to their operational commencement in February 2023.

Social media statistics

FunderPro can also be found on social media.

They have a:

• Facebook page with 4 followers,
• Instagram account with 25 followers,
• Twitter account with 3 followers,
• Youtube channel with no subscribers and no uploaded videos, and
• LinkedIn channel with 24 followers.

In addition, FunderPro also has a Discord channel with 286 members and a Telegram group with 12 members for their community to interact.

Conclusion
In summary, FunderPro is a reputable proprietary trading firm that provides traders with the opportunity to select from various evaluation program account sizes.

The evaluation programs implemented by FunderPro adhere to industry standards and involve a two-phase assessment process. Traders must successfully complete both phases in order to obtain funding and qualify for profit sharing. Phase one necessitates achieving a profit target of 10%, while phase two requires an 8% profit target. These targets are practical trading objectives, particularly when considering the 5% maximum daily and 10% maximum loss rules that must be followed. By participating in the evaluation programs, traders can enjoy an 80% profit share and the potential to scale their accounts up to $5 million.

I would confidently recommend FunderPro to individuals seeking a proprietary firm with lenient trading regulations. Although FunderPro is relatively new, it offers favorable conditions that cater to a diverse range of traders with distinct trading styles. After careful consideration of all the benefits FunderPro presents, it is undoubtedly positioned as one of the more promising proprietary trading firms in the industry.