Direct Funded Trader offers funded accounts ranging from $5K to $200K with leverage options of up to 1:100. Up to $1,000 cashback in the challenge phase, $5 commission per lot, and refunds of up to 150% on registration fees are some of the prop firm’s offerings.
Direct Funded Trader; An Introduction to the Prop Firm
Direct Funded Trader is a proprietary trading firm providing retail clients with trading capital of up to $1M.
The Dubai-based company was founded in February 2023 by CEO Arthur Kaziu. Key features of DirectFundedTrader:
- Up to 90% profit split
- Overnight and weekend trading
- Access to the MT5 platform
- A $3 cashback per traded lot on the challenge phase
Direct Funded Trader Table of Specifications
Let’s examine the company’s offerings to see if DirectFundedTrader has what it takes to be among the prop firms.
Account currency | USD |
Minimum price | $27 |
Maximum leverage | 1:100 |
Maximum profit split | 90% |
Instruments | Forex, Indices, Commodities |
Assets | 400+ |
Evaluation steps | 1-Step, 2-step |
Withdrawal methods | Crypto, Rise |
Maximum fund size | $1M |
First profit target | 8% |
Max. daily loss | 5% |
Challenge time limit | Unlimited |
News trading | Yes (only in the Challenge phase)) |
Maximum total drawdown | 10% |
Trading platforms | MT5 |
Commission | $5 per lot |
TrustPilot score | 4.2 |
Payout frequency | Bi-Weekly |
Established country | United Arab Emirates |
Direct Funded Trader Prop Firm Pros & Cons
The company offers attractive features, such as up to 150% refund on challenge fees, 1-phase fast funding programs, and multiple payment options. However, like any other prop firm, it also has some flaws.
Pros | Cons |
Scaling up to $1 million | Geo-restrictions |
MT5 support | Lack of educational resources |
Partnership with the Markets broker | Limited support channels |
Bi-weekly payouts | No news trading in the funded phase |
Direct Funded Trader Pricing
In this Direct Funded Trader review, we must mention that the firm offers funded accounts up to $200,000. Note that the max account size for fast funding is $100K. DFT funding models’ prices:
Account Size | Evaluation | Fast Funding Standard | Fast Funding Aggressive |
$5,000 | $31 | - | - |
$10,000 | $27 | - | - |
$15,000 | $100 | $150 | $190 |
$25,000 | $199 | $280 | $320 |
$50,000 | $299 | $350 | $390 |
$100,000 | $479 | $590 | $620 |
$200,000 | $979 | - | - |
Registration and KYC on Direct Funded Trader
To get funded by the firm, you must be at least 18 and not be from one of the prohibited countries, including UAE, Pakistan, Iran, Vietnam, Myanmar, Albania, and Kosovo. Steps to get started with Direct Funded Trader:
- Visit the firm’s official website;
- Click “Get Funded Now”;
- Fill in the sign up form;
- Confirm your email address;
- Provide personal information;
- Navigate to trading plans, choose your preferred model, and pay the fee.
Note that upon completing the challenge phase, you’ll be required to provide KYC documents, including:
- Proof of identity: Passport or driving license
- Proof of address: bank statement or utility bill
Direct Funded Trader Prop Firm Rules
The company provides 1-step and 2-step challenges with different profit targets, drawdown limits, and leverage options.
Features | Evaluation Program (2-step) | Fast Funding Standard (1-step) | Fast Funding Aggressive (1-step) |
Trading Period | Unlimited | Unlimited | Unlimited |
Max Leverage | 1:100 | 1:50 | 1:30 |
Min Trading Days | 5 / 5 | 5 | 5 |
Max Daily Loss | 5% / 5% / 5% | 4% / 4% | 4% / 4% |
Max Drawdown | 10% / 10% / 10% | 7% / 7% | 7% / 7% |
Profit Target | 8% / 5% | 10% | 10% |
Weekend Position | Yes | No | Yes |
The firm offers 2 profit split models: 80% and 90%. While the default scheme is 80%, you’ll be eligible for a 90% profit share upon a streak of more than 5 consecutive payouts.
Promotional Programs
Offering various promotions and bonuses, such as PROMO codes and cashback, is one of the upsides of this Direct Funded Trader review.
- 50% Discount: 50% off on 15K to 200K accounts with 80% profit split (CODE: DFT50)
- 35% Discount: 35% off on 5K to 200K accounts with 85% profit split (CODE: DFT35)
- Cashback: $3 rebate per traded lot in the challenge phase
- Affiliate: Up to 20% commission for each new referral
What Markets Can I Trade?
Through the partnership with the Markets broker, DFT provides 400+ trading instruments across 3 major asset classes, including:
- Forex: From major pairs to exotic crosses
- Indices: Global stock indices
- Commodities: Precious metals, energies, and agricultural products
DFT Payout and Payment Options
The firm claims it supports various payment options, including Crypto, G Pay, Apple Pay, Credit/Debit Cards, and Bank Wire.
However, while you’re in the client area, the only methods for purchasing challenges are Cards and Cryptocurrencies (NowPayments). Direct Funded Trader withdrawal options:
- Crypto: BTC and USDT
- Rise: Fiat and Crypto
Payouts are typically processed bi-weekly, except for the first one, which must be 30 days after the first trade on the funded account.
Direct Funded Trader Prop Firm Trading Fees
The company has implemented a simple fee structure consisting mainly of spreads and commissions.
- Raw spreads from 0.0 pips
- A $5 commission per traded lot
DFT offers up to 150% refunds on challenge fees and unlimited free retries. Only accounts with positive final balances that have not breached the firm’s loss limits are eligible for retries.
Direct Funded Trader Client Experience
DFT has performed very well in the eyes of traders. There are 235 reviews on the DirectFundedTrader TrustPilot profile, resulting in a great 4.2 score out of 5.
79% of DFT reviews on TrustPilot are positive (4-star and 5-star). Less than 21% of them are negative (1-star and 2-star).
Direct Funded Trader Prop Firm Support Channels
The company has yet to fully develop its live chat feature, but it will be available soon. At the time of writing this Direct Funded Trader review, support is only available through email.
- DFT email: support@directfundedtrader.com
You can also create tickets using the website's chat feature. However, the support team will still reply via email.
DFT Social Media Profiles
The firm has an active Discord community with 3,595 members. It also has profiles on various social platforms, including:
- Discord
- Twitter (X)
- Telegram
Expert suggestions
Direct Funded Trader provides trading capital of up to $1M. The prop firm supports the MT5 platform with access to 400+ trading instruments through a partnership with the Markets broker.
DFT has a TrustPilot score of 4.2/5. It offers bi-weekly payouts via Rise and Crypto methods.