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Lionheart Funding Program Review 2024

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Lionheart Funding Program Review 2024
Algo TradingAffiliateEAsNews Trading
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Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Lionheart Funding Program
Founded:2023
Headquarter:South Africa
Min Price:$49
Max Fund:$2,500,000
Challenges:4
About
Lionheart Funding Program is a prop firm offering funded accounts up to $400,000 with a maximum leverage of 1:100, maximum daily drawdown of 5%, and total DD of 10%. Forex, Crypto, Indices, Metals, and Energies are available on DX Trade and TradeLocker platforms.
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
High profit-sharing (90%)
Low entry costs ($49)
Flexibility on trading strategies
No time limits on challenges
Cons
Limited trading platform options
Relatively new firm with less track record
Limited educational resources
Unregulated company

Lionheart Funding Program offers funded accounts ranging from $5,000 to $400,000 through 1-step, 2-step, and 3-step challenges with a profit split of up to 90%. What are the Lionheart Funding Program prop firm rules?

Weā€™ll explore the challenges, pricing, trading conditions, prohibited strategies, withdrawal methods, trading platforms, customer support, and many more in this Lionheart Funding Program review.

Lionheart Funding Program (Company Introduction)

Lionheart Funding Program
A proprietary trading firm with balance-based drawdown

Launched in 2023, the innovative prop trading firm offers traders the opportunity to showcase their skills and potentially manage up to $400,000 in trading capital with no profit target requirements in the funded phase. Key features of Lionheart Funding Program:

  • Support for news trading, EAs, and algo trading;
  • 500+ tradable assets;
  • 90% profit split;
  • 1-step, 2-step, and 3-step evaluation phases;
  • Maximum leverage of up to 1:100.

Lionheart Funding Program Specific Features

Lionheart Funding Program has no minimum or maximum trading days requirement. Here are other specific details that make the prop firm stand out.

Account currency

N/A

Minimum price

$49

Maximum leverage

1:100

Maximum profit split

90%

Instruments

Forex, Indices, Metals, Energies, Crypto

Assets

500+

Evaluation steps

1-Step, 2-Step, 3-Step

Withdrawal methods

Bank Transfer, Crypto

Maximum fund size

$2,500,000

First profit target

6%

Max. daily loss

5%

Challenge time limit

Unlimited

News trading

Yes

Maximum total drawdown

10%

Trading platforms

DX Trade, TradeLocker

Commission

$3.5 on each side per lot

TrustPilot score

3.2

Payout frequency

Bi-weekly

Established country

N/A

Lionheart Funding Program Prop Firm Pros and Cons

Before diving into a Lionheart Funding Program challenge, it's essential to weigh the advantages and disadvantages.

Upsides

Downsides

Low entry costs ($49)

Unregulated company

High profit-sharing (90%)

Limited trading platform options

No time limits on challenges

Relatively new firm with less track record

Flexibility on trading strategies

Limited educational resources

Lionheart Funding Program Challenges Prices

LFP offers a range of account sizes with different prices to suit various trading styles and capital requirements.

Account Balance

Price

$5K

$49

$15K

$129

$25K

$189

$50K

$299

$100K

$489

$200K

$989

$400K

$1,959

Note that a $400,000 account in the Roar Challenge will cost you $1,989. Prices for various account sizes on all challenges are the same.

Lionheart Funding Program Account Opening and KYC Verification

Opening an account with Lionheart Funding Program is a straightforward process. Youā€™ll need to complete the KYC verification process upon successfully completing the challenge phases.

  1. Visit the official Lionheart website at ā€œhttps://lionheartfundingprogram.com/ā€;
  2. Click ā€œStart Challengeā€;
  3. Choose ā€œChallengeā€ and ā€œAccount Sizeā€, and click ā€œBuyā€;
  4. Click ā€œAdd to Cartā€;
  5. Fill out the billing form;
  6. Pay for the challenge;
  7. Provide proof of identity (ID card or passport) and proof of address (bank statement or utility bill).

Lionheart Funding Program Prop Firm Challenge Rules

Lionheart Funding Program Rules
Copy trading and hedging are not allowed on LFP accounts

Each Lionheart challenge has specific rules and targets. While the Roar challenge is dedicated to EA and algo strategies, the other three provide 1-step, 2-step, and 3-step evaluation phases.

Features

Alpha (2-step)

Roar (2-step)

Pride (1-step)

Guardian (3-step)

Profit Target

8%/5%

10%/5%

10%

6%/5%/4%

Daily DD

5%

4%

3%

4%

Total DD

10%

10%

6%

8%

Payout Frequency

Bi-weekly

Bi-weekly

Bi-weekly

Bi-weekly

Profit Split

90%

90%

90%

90%

Max Leverage

1:100

1:100

1:100

1:100

Lionheart Funding Program Coupon Code

Discount code is one of the most attractive topics in all of the Lionheart Funding Program reviews. LFP occasionally offers promotional codes for discounts on challenge fees through its social media pages.

At the time of writing this article, the prop firm offers 40Ɨ$5K challenge accounts for free to its followers on Instagram in celebration of the new TradeLocker platform.

LFP also has a comprehensive affiliate program that rewards you for referring new traders with a weekly payout frequency. Key features of the Lionheart Funding Program affiliate:

  • Up to 15% commission;
  • Payout frequency starts at 30 days and is upgradeable to 7 days;
  • Exclusive prizes like free challenge accounts;
  • 3-tier structure.

Lionheart Funding Program Prop Firm Trading Instruments

LFP is a partner of Eightcap broker, and through this partnership, offers an excessive range of financial markets (500+), from Forex to Crypto.

  • Forex: Currency pairs with leverage up to 1:100;
  • Commodities: Trade precious metals and energies with leverage up to 1:100;
  • Indices: global market indices with 1:40 leverage option;
  • Crypto: Trade popular cryptocurrencies with a 1:4 leverage.

Lionheart Funding Program Deposit and Withdrawal

All of the Lionheart Funding Program reviews must mention the available payment and payout methods.

  • Deposits: Crypto and Credit/Debit Cards (Master Card and Visa);
  • Withdrawals: Bank transfers and Crypto.
Lionheart Funding Program Payment Methods
Payments are processed via Merchant Warrior Credit Card and CoinPayments.net

Lionheart Funding Program Fees and Commissions

LFP commission and spreads are the same as those of its partner broker, ā€œEightcapā€. The broker charges a $3.5 commission on each side for each traded lot. Hereā€™s a quick look at LFP spreads.

Instrument

Spread from (pips)

EURUSD

0

XAUUSD

1.2

BTCUSD

170

UKOUSD

3

UK100

12

US30

16

Lionheart Funding Program Reviews

Reputation is one of the most important factors in the proprietary trading world. The prop firm has garnered mixed reviews on TrustPilot. 482 users have rated the company 3.2 out of 5, with 41% of comments being negative.

How to Reach Lionheart Funding Program Support?

LFP provides 24/7 support through various channels, including email, ticket, chatbot, and live chat.

Email

support@lionheartfundingprogram.com

Ticket

Through the ā€œContact Usā€ page

Chat Bot

Available on the official website

Live Chat

Reach out to the bot and ask for an agent

Lionheart Funding Program Prop Firm on Social Media

Being active on social media showcases the prop firmā€™s commitment to maintaining contact and dialogue with its clients. LFP has profiles on various platforms, including:

  • Instagram: https://www.instagram.com/lionheartfundingprogram/
  • Twitter (X): https://twitter.com/lionheartLFP/
  • Discord: https://discord.gg/CTbjasGswd/
  • Telegram: https://t.me/lionheartfundingprogram/
Lionheart Funding Program Instagram
The prop firm announces the new promotions through its social media profiles

Expert suggestions

Lionheart Funding Program provides retail traders with up to $2.5M in trading capital and allows them access to various markets, including FX, Indices, Metals, and Crypto.

Lionheart Funding Program prop firm offers these services on DX Trade and TradeLocker platforms, which are available across all devices, including Android, iOS, and desktop. Share your thoughts about the Lionheart Funding Program review in the comments.

FAQs

What is the minimum challenge price?

The $5K account is the cheapest challenge, with a price of $49.

Are there any time limits?

No, there are no minimum or maximum trading days requirements.

What platforms can I use?

LFP offers TradeLocker and DX Trade.

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