Fuze Traders is a prop firm with a maximum fund size of $100K and a minimum of 5 trading days. The company evaluates traders in a 2-step model.
Fuze Traders has received a trust score of 4/5 with 10+ reviews on the Trustpilot website.
Company Overview and Specifics
Fuze Traders Sàrl is headquartered in Rolle, Switzerland. This company is backed by investment holding and advisory firm Guru Capital SA. Note that this prop firm is still relatively new, being established in 2023.
Summary of Features
Traders compare prop firms based on several common parameters. In the table below, we will take a look at these related to Fuze Traders:
Account Currency | USD |
Minimum Price | $100 |
Maximum Leverage | 1:30 |
Maximum Profit Split | Not Specified |
Instruments | CFDs on Forex, Metals, Stock Indices, and Energy Sources |
Assets | Not Specified |
Evaluation Steps | 2-Step |
Withdrawal Methods | Not Specified |
Maximum Fund Size | $100K |
First Profit Target | 10% |
Max. Daily Loss | Starting From 5% |
Challenge Time Limit | Unlimited |
News Trading | Allowed |
Maximum Total Drawdown | Starting From 10% |
Trading Platforms | Metatrader 5 |
Commission Per Round Lot | Not Specified |
Trustpilot Score | 4.0/5 |
Payout Frequency | On-Demand |
Established Country | Switzerland |
Established Year | 2023 |
Pros And Cons
By looking at the advantages and disadvantages side-by-side, we can have a balanced perspective of a firm. Pros and Cons in Trading With Fuze Traders:
Pros | Cons |
Multiple Asset Classes | Low Maximum Funding |
Advanced Trading Platform | Limited Educational Resources |
On-Demand Payouts | Potential For High-Pressure Environment |
Company Transparency | - |
Funding & Price On Fuze Traders
This prop firm offers a range of funding options to suit different trader profiles and risk appetites:
- Entry-Level Accounts: Starting from $100, traders can access $10,000 in funding.
- Mid-Tier Options: For $250-$350, traders can secure $25,000-$50,000 in capital.
- Professional Accounts: High-level traders can invest $550 for access to $100,000 in trading capital.
Account Opening and Verification Guide
Getting started with Fuze Traders takes a few simple steps. We will have a look at the process here:
- Navigate to Fuze Traders' official website;
- Click "Join" at the top of the page;
- Find and click "BUY EVALUATION";
- Select your account type and features, then enter your personal and residential information in the form.
Now, you have bought your account and registered with the firm. In order to verify your identity, submit necessary documents for KYC (Know Your Customer) procedures.
Fuze Traders emphasizes a user-friendly onboarding process, allowing traders to quickly move from registration to active trading.
Evaluation Programs
Most prop firms provide programs in different step counts, but FT employs only 2-step evaluation models, which will be discussed in this section in detail. Two-Step Challenge in Fuze Traders:
Funding Size | $10k | $20k | $30k | $40k | $50k | $60k | $70k | $80k | $90k | $100k |
Profit Target | 10-8% | |||||||||
Max. Total Drawdown | 10-8% | |||||||||
Max. Daily Loss. | 5-4% | |||||||||
Min. Trading Days | 5 | |||||||||
Time Limit | Unlimited | |||||||||
Min. Profit Split | 75% | |||||||||
Drawdown Type | Trailing | |||||||||
Fee | $100 | $160 | $225 | $280 | $338 | $390 | $438 | $480 | $518 | $550 |
Note that all of these are allowed in the challenges:
- News trading;
- Use of Expert Advisors;
- Overnight and weekend position holding.
Are There Any Bonuses And Promotions With Fuze Traders?
The prop firm does not offer specific bonuses or promotions as of the latest information. The firm focuses on providing a fair and reliable evaluation process rather than incentivizing traders with additional perks.
Tradable Instruments
Fuze Traders provides little information about the trading symbols available with the firm and only specifies the markets. FT offers CFDs on these instruments:
- Forex;
- Stock Indices;
- Precious Metals;
- Energy.
Payment and Payout Methods
There's no information about the payment options. We examined the website and couldn't find anything related to the matter. This lack of data is a drawback for the company's website.
Commissions And Costs
While specific commission structures for trading symbols and assets are not detailed, Fuze Traders relies on the profit sharing model and the initial fee paid for challenges. These costs were looked into in previous sections.
Trust Scores and User Ratings
There are several facilities and platforms on the web for users to review and rate companies and firms in various fields, including Trustpilot and REVIEWS.io. In this section, we will have a detailed look at Fuze Traders' scores on the former:
- Average Rating: 4.0 out of 5
- Number of Reviews: +10
- Profile Status: Verified
- Company's Replies to Negative Reviews: In Less Than 24 Hours
While the score is at a high level and considered totally positive and acceptable, the number of ratings are too low. Therefore, we cannot take this evaluation into account.
Customer Services Channels and Schedule
Fuze Traders tries to emphasize customer support as a key component of their service, but it's lagging behind in some parts. Support Contact Information:
- Phone Number: +41 21 561 51 29
- Email Address: support@fuzetraders.com
- Contact Form: In the "Support" section on the website
This prop firm does not provide live chat support, which is very strange and rare among companies since most of them provide it as an essential contact method. Also, no 24/7 support is available; the team answers to your inquires Monday to Friday from 09:00 to 18:00 CET.
Fuze Traders Prop Firm's Social Media Accounts
These days, social media platforms have become a necessary facility for making connections and providing updates. Fuze Traders maintains several accounts across various social media platforms:
- LinkedIn: https://www.linkedin.com/company/fuzetraders
- Facebook: https://www.facebook.com/fuzetraders/
- X (Formerly Twitter):https://twitter.com/fuzetraders
- Instagram: https://www.instagram.com/fuzetraders/
- Discord: https://discord.gg/fuzetraders
- YouTube: https://www.youtube.com/@fuzetraders
Expert Suggestions
Fuze Traders is a prop firm backed by Guru Capital SA that requires a 10% profit as its first target with a maximum daily loss starting from 5%.
The company's website has received a 96/100 Trustscore on the ScamAdviser website; users have given it 4.6 out of 5 on the mentioned platform.
