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Nordic Funder Review 2025

Nordic Funder Review 2025
Company:

Nordic Funder

Founded:2021
Headquarter:Sweden
Min Price:$42
Max Fund:$1,000,000
Challenges:3
90% profit splitRaw spreadsCommission-free crypto and oil tradingScale up plan to $1 million

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!

About
Nordic Funder is a Sweden-based proprietary firm offering scalable funding from $5,000 to $1 million. With a maximum 90% profit split, unlimited challenge time, and access to MetaTrader 4, it is rated 4.5/5 on Trustpilot. The prop firm supports Rise for withdrawals on a 14-day frequency. It offers leverage options of up to 1:20 and commission-free trading on Crypto and Indices.
Contact
27 Torshamnsgatan, 164 40 Kista, Sweden
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
Transparent funding structure
Scaling opportunity up to $1 million dollars
Maximum %90 profit sharing
Up to $500,000 funding
Cons
Geo-restrictions
Restrictions on copy trading and news trading
No support for MT5 or TradingView
score of blog
4.2 From 5.0
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Nordic Funder was founded in 2021 and funds traders with $1M. To scale up to $1M, traders must hit the 10% profit target.

The first profit target, max drawdown, and max daily loss are 5%, 8%, and 5%, respectively.

Nordic Funder Prop Firm Review
Nordic Funder overview for prop firm traders

Nordic Funder Prop Firm Company Overview

Nordic Funder is the largest proprietary trading firm in Scandinavia. This Swedish powerhouse has rapidly carved out a niche for itself, blending traditional Nordic values of efficiency and quality with cutting-edge trading technology.

What sets Nordic Funder prop firm apart is its unwavering commitment to trader success. They've crafted a program that's not just about funding, but about nurturing talent and fostering a community of skilled traders. Here's what makes them tick:

  • Efficiency: Nordic Funder operates with precision and clarity, ensuring a smooth experience for traders;
  • Innovative Strategies: They're not content with the status quo, constantly pushing the boundaries of prop trading;
  • Quality Service: Top-tier support and resources to grow in your trading journey;
  • Regulated Partner: They've partnered with Scandinavian Capital Markets, a broker with 8 years of solid regulation under its belt;
  • Diverse Trading Options: From Forex to Crypto, Metals to Indices, they've got all bases covered;
  • Scalability: Start at $25K and scale your way up to $1 million in funding.

Nordic Funder CEO

Nordic Funder, Scandinavia’s largest proprietary trading firm, is led by David Nudelman. He founded the firm in November 2021, and under his leadership, it has quickly grown into a dominant player in the Nordic trading landscape.

As CEO, Nudelman has been pivotal in shaping Nordic Funder’s vision, building strong funding programs for traders, and positioning the company as a competitive force in the European prop trading market.

Nordic Funder Specifications

Let's break down Bordic Funder specifications in a table that'll give you the full picture at a glance:

Account currency

USD

Minimum price

$42

Maximum leverage

1:20

Maximum profit split

90%

Instruments

Forex, crypto, metals, commodities, indices

Assets

N/A

Evaluation steps

1-Step, 2-Step, 3-Step

Trading platform

MT4

Withdrawal methods

Rise

Maximum fund size

$1,000,000

First profit target

5%

Maximum daily loss

5%

Challenge time limit

Unlimited

News trading

Yes (conditioned)

Maximum total drawdown

8%

Commission per round lot

$7 FX and Metals

Trust pilot score

4.5/5

Payout frequency

14 days

Established country

Sweden

Established year

2021

Nordic Funder Benefits and Drawbacks

Let's dissect the pros and cons of Nordic Funder:

Pros

Cons

Transparent funding structure

Geo-restrictions

Up to $500,000 funding

Restrictions on copy trading and news trading

Scaling opportunity up to $1 million

No support for MT5 or TradingView

Maximum 90% profit sharing

-

Nordic Funder Funding and Prices

Nordic Funder provides traders with three challenge models: One-Stage, Two-Stage, and Three-Stage, each with distinct pricing and risk structures.

For the One-Stage Challenge, fees start at $42.50 for a $5K account and rise to $4,887.50 for a $500K one. While the Two-Stage Challenge starts slightly more expensive, it gets cheaper as the account balance increases.

Nordic Funder prices
Nordic Funder 1-stage challenge prices

The Three-Stage Challenge is the Nordic Funder's cheapest program, offering funded accounts from $42 to $1,932.

Account Balance

One-Stage

Two-Stage

Three-Stage

$5K

$42.50

$60

$42

$10K

$85

$110

$77

$25K

$212.50

$250

$175

$50K

$425

$345

$241.50

$100K

$850

$525

$367.50

$200K

$1,700

$1,000

$700

$250K

$2,125

$1,225

$857.50

$500K

$4,887.50

$2,760

$1,932

Nordic Funder's pricing and funding structure is designed to reward skill and consistency. Challenges can also scale up to 1 million dollars. For traders looking to grow their capital, Nordic Funder offers a compelling proposition that's hard to ignore.

Nordic Funder Account Sign-up and Verification Guide

Setting up an account with Nordic Funder is a streamlined process tailored for fast access to the dashboard. Without needing ID documents or verification codes, traders can register and reach their portal in under five minutes.

The Nordic Funder registration journey covers access through the homepage, a personal information form, and direct login to the trading environment.

#1 Navigate to the Registration Portal

Head over to the Nordic Funder website and choose “Create an Account” from the login menu. This will take you to the secure account registration panel.

Nordic Funder homepage login area for new account setup
Nordic Funder homepage login area for new account setup

#2 Enter Personal Details

Fill in required fields, including:

  • Full name
  • Username
  • Email
  • Phone number
  • Password
  • Country of residence

After you complete the form, accept the terms to proceed (no document uploads or verification steps needed).

Nordic Funder registration form
Enter your personal data in the Nordic Funder registration form

#3 Dashboard Access

Return to the login page, input your credentials, and instantly explore your prop trading dashboard.

You can navigate through the client portal to the "Challenges" menu and purchase your preferred funding account.

Nordic Funder user dashboard after the account setup process
Accessing Nordic Funder account dashboard after successful sign-up process

#4 Nordic Funder Verification

After successfully passing the assessment for the first time, you’ll be required to verify your identity. This involves submitting supporting documents, including:

  • Proof of Identity: ID card or Passport
  • Proof of Address: Bank statement or Utility bill

Nordic Funder Evaluation

Nordic Funder’s evaluation programs are offered in three formats:

  • One-Stage: 10% profit target, 6% total drawdown, and 5% daily limit (Trailing model)
  • Two-Stage: 10% / 5% profit target, 8% max drawdown, and 4% daily limit (Static drawdown)
  • Three-Stage: 5% profit target in each stage, 5% max drawdown, and 5% max daily loss (Static drawdown)

Note: While static drawdown is a fixed loss limit from the starting balance, trailing drawdown adjusts upward with profits.

Nordic Funder follows the EOD balance model to calculate daily loss, meaning the drawdown limit is calculated based on your account balance at the end of each trading day, not intraday.

Nordic Funder Three-Stage Evaluation
A look into pricing and rules for the Nordic Funder Three-Stage evaluation program

Remember, while the process is straightforward, successful trading requires skill, strategy, and risk management.

Trading Conditions

One-Stage

Two-Stage

Three-Stage

Profit Target

10%

10% / 5%

5% / 5% / 5%

Max Drawdown

6%

8%

5%

Drawdown Type

Trailing

Static

Static

Max Daily Loss

5%

4%

5%

Daily Loss Type

EOD Balance

EOD Balance

EOD Balance

Inactivity

30 Days

30 Days

30 Days

Refunds

No

No

No

Profit Share

80%

80%

80%

Max Leverage

1:20

1:20

1:20

Spreads

Raw

Raw

Raw

Commission

$7/lot FX and Metals, $0 Indices, $0 Oil, $0 Crypto

Nordic Funder 1-phase Challenge

The 1-Phase Challenge at Nordic Funder is built around a transparent framework that evaluates traders on core performance metrics. Participants are expected to reach a 10% profit target while adhering to strict risk controls, including a 6% maximum trailing loss and a 5% maximum daily loss.

Once the objectives are achieved, traders unlock access to funded accounts with an 80% profit share, ensuring both sustainability and profitability.

Nordic Funder 1-phase challenge
The profit target in the Nordic Funder 1-stage challenge is 10%

This single-step structure is designed to highlight discipline, consistency, and risk-adjusted performance.

Trading Condition

One-Stage Program

Profit Target Phase 1

10%

Maximum Drawdown Limit

6%

Maximum Daily Drawdown

5%

Maximum Leverage

1:20

Nordiv Funder 2-Phase Challenge

The 2-Phase Challenge at Nordic Funder is tailored for traders who value a gradual evaluation process with balanced objectives. In Phase 1, traders aim for a 10% profit target, followed by a more conservative 5% profit target in Phase 2.

To ensure disciplined trading, participants must respect an 8% maximum static loss and a 4% maximum daily loss, while enjoying an 80% profit share once funded.

Nordic Funder 2-stage challenge
The maximum drawdown limit in the 2-stage challenge of Nurdic Funder is 8%

This dual-stage structure is designed to highlight consistency and adaptability, rewarding traders who can perform under structured risk limits across multiple phases.

Trading Condition

Two-Stage Program

Profit Target Phase 1

10%

Profit Target Phase 2

5%

Maximum Drawdown Limit

8%

Maximum Daily Drawdown

4%

Maximum Leverage

1:20

Nordiv Funder 3-Phase Challenge

The 3-Phase Challenge at Nordic Funder is designed for traders who prefer a structured and progressive evaluation model. Each stage requires a 5% profit target, allowing participants to demonstrate steady growth over three steps.

To maintain discipline, traders must respect a 5% maximum static loss and a 5% maximum daily loss throughout the program.

Nordic Funder 3-step challenge
The daily and maximum drawdown limit in the 3-phase challenge of Nordic Funder is 5%

Once funded, successful candidates benefit from an 80% profit share, ensuring that consistent performance and risk management are rewarded across multiple phases.

Trading Condition

Three-Stage Program

Profit Target Phase 1

5%

Profit Target Phase 2

5%

Profit Target Phase 3

5%

Maximum Drawdown Limit

5%

Maximum Daily Drawdown

5%

Maximum Leverage

1:20

Nordic Funder Bonuses and Discounts

Nordic Funder doesn’t offer bonuses directly on the website, but traders can search on third-party platforms or join the Nordic Funder newsletter to receive discount codes for buying challenges.

Nordic Funder offers a great affiliate program that allows traders to earn commissions by referring new traders to the platform.

Nordic Funder Trading Rules

This section outlines the key trading guidelines, including the use of VPNs, hedging practices, the role of Expert Advisors (EAs), acceptable trading strategies, and the restrictions on news trading.

  • VPN Usage: No official rules on VPN use are provided by the company;
  • Hedging Restrictions: Hedging within a single account is permitted, but executing buy and sell trades across multiple accounts is strictly prohibited;
  • Expert Advisors (EA): Personal, trader-owned EAs are allowed, but third-party automated systems or copy trading strategies are not;
  • Aggressive Trading Strategies: Nordic Funder restricts high-frequency trading, latency arbitrage, and triangular arbitrage, while there are no restrictions on martingale;
  • News Trading: Opening positions within three minutes before or after a news event is prohibited;
  • Payout Rules: Traders at Nordic Funder can request payouts once every 30 days via the dashboard, with approved profits distributed through available payment solutions under the firm’s 80% profit share model.

VPN Usage

Nordic Funder does not provide explicit guidelines regarding the use of VPNs. Users should be aware that no specific restrictions on VPN use are mentioned on the website.

However, using a VPN may trigger security checks or lead to account restrictions, especially if frequent IP address changes are detected.

Additionally, it's crucial to avoid VPNs that use IP addresses from prohibited countries.

Hedging

While hedging or executing opposite trades within the same account is allowed, certain activities involving multiple accounts are prohibited.

Specifically, placing a buy trade on one account and a sell trade on another, or similar opposing positions across multiple accounts or prop firms, is not permitted.

Group hedging strategies are also strictly forbidden.

Expert Advisors (EAs)

EAs are allowed on the platform as long as they are personal and owned by the trader. However, using third-party automated trading systems or engaging in copy trading is prohibited.

Martingale and Arbitrage

Nordic Funder does not impose restrictions on aggressive trading strategies such as the Martingale strategy or dedicating all available capital to a single position. However, the following methods are restricted:

  • High-frequency trading
  • Latency arbitrage
  • Triangular arbitrage

Attempts to arbitrage a trading account either internally with another account at the company or with any third-party company are prohibited.

Nordic Funder Rules
Nordic Funder prop firm prohibited trading strategies

News Trading

Traders may hold positions during news events, but are prohibited from opening new positions within three minutes before or after a news event. This includes newly opened trades and pending orders.

If violations occur, the company may close the position, remove the associated profit and loss, reduce the account's leverage, or even breach the account.

The company retains the authority to define what constitutes a news event, ensuring the integrity of its program.

Nordic Funder Payout Rules

At Nordic Funder, traders can request a payout of their gains directly through the trader dashboard. Withdrawals are permitted no more than once every 30 days, ensuring a balanced and sustainable system. To initiate, traders simply click the Withdraw Profits button and enter the desired amount.

All approved payouts are processed via the firm’s outbound payment solutions, with flexibility to update methods as needed. Once the request is confirmed, the funds owed are distributed promptly, aligning with Nordic Funder’s commitment to rewarding profitable performance under its 80% profit share model.

Nordic Funder payout conditions
The minimum withdrawal interval in Nordic Funder is 30 days

Nordic Funder Prop Firm Trading Platforms

All trading at Nordic Funder is conducted on the popular MetaTrader 4 (MT4) platform. Traders benefit from Scandinavian Capital Markets' broker infrastructure, enabling fast execution and tight spreads.

MT4 is fully customizable withthird-party plugins, giving traders enhanced control over their interface and tools. Key features of MT4:

  • Real-time quotes in the Market Watch window
  • One-click trading for swift execution
  • 128-bit encryption for secure data transmission
  • Multiple chart types (bars, candlesticks, lines)
  • Wide range of technical analysis indicators and drawing tools
  • Expert Advisors (EAs) support for automated trading
  • Available on multiple devices (iOS, Android, Windows, and Mac)

Links:

TradingFinder has developed various MT4 indicators that you can use for free.

Available Markets and Instruments in Nordic Funder Prop Firm

Nordic Funder offers a diverse range of tradable instruments, including:

  • Forex Pairs: Major pairs, minor, and exotic pairs
  • Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and more
  • Metals: Gold, silver
  • Commodities: Crude Oil (WTI and Brent), Natural Gas
  • Indices: US30 (Dow Jones), SPX500 (S&P 500), and more

You can trade these instruments with up to 1:20 leverage and competitive spreads.

Nordic Funder Leverage

Nordic Funder provides traders with competitive leverage conditions tailored to different asset classes. On Forex and Metals, leverage goes up to 20:1, while Indices are offered with 10:1 leverage. For Oil trading, the maximum leverage is 5:1, and for cryptocurrencies, it is capped at 2:1.

This structure is designed to balance trading opportunities with robust risk management, ensuring traders can scale positions responsibly across diverse markets.

Nordic Funder leverage options
The maximum leverage in the Nordic Funder prop firm is 1:20

Nordic Funder Prop Payment Methods

Nordic Funder offers a range of payment methods for both buying challenges and withdrawing profits.

  • Payment methods: Credit/debit cards, cryptocurrencies, and PayPal are all accepted for initial deposits.
  • Payout Method: Nordic Funder uses Rise, a third-party payment provider, for processing withdrawals.

After the initial 24-hour waiting period, subsequent payouts can be requested every 14 days. Nordic Funder also offers a 75/25 profit split in favor of the trader, which can also increase up to 90%.

It’s also worth mentioning that the minimum withdrawal is 2% of the account balance.

Nordic Funder Commissions

When it comes to trading costs, Nordic Funder offers excellent rates through its partnership with Scandinavian Capital Markets. There is no commission for trading Forex, metals, commodities, and index instruments.

This platform doesn’t charge any fees for deposits and withdrawals.

Does Nordic Funder Offer Educational Resources?

While Nordic Funder excels in many areas, comprehensive educational resources don't appear to be one of its strengths.

Besides a general explanation of the rules and conditions, the Nordic Funder prop firm doesn't offer any other resources, including forex trading techniques and strategies.

If you need vast educational content, you can check out TradingFinder's forex education.

Nordic Funder Trust Scores

The prop firm has garnered an impressive reputation among traders, as evidenced by the excellent rating on the Nordic Funder Trustpilot profile:

  • Overall rating: 4.5 out of 5 stars
  • 5-star reviews: An impressive 86% of all reviews
  • Total review count: 41
Nordic Funder Trustpilot score
Nordic Funder has gained an impressive 4.5 out of 5 stars in Trustpilot

The high trust score suggests that Nordic Funder is delivering on its promises to traders and maintaining a positive reputation in the prop trading community.

Nordic Funder Customer Support

Nordic Funder takes pride in their "Swedish efficiency" when it comes to customer support:

Support Method

Availability

Live Chat

Yes (Available on the Website)

Email

Yes (hey@nordicfunder.com)

Phone Call

No

Discord

No

Telegram

No

Ticket

No

FAQ

No

Help Center

No

WhatsApp

No

Messenger

No

Traders can expect timely assistance with any issues or questions they may have, contributing to a smooth overall trading experience with Nordic Funder.

Nordic Funder Userbase

Nordic Funder has built a truly global trader community, with its strongest presence in Nigeria (31.8%), India (23%), and Vietnam (21.7%). The firm is also growing rapidly in developed markets such as the United Kingdom (8.4%) and emerging hubs like Pakistan (6.6%).

By attracting traders across different regions, Nordic Funder demonstrates its scalability and appeal as a modern prop trading platform designed for diverse trading styles worldwide.

Nordic Funder userbase
The most active users of the Nordic Funder website are Nigerian

Nordic Funder Prop Firm Socials

Nordic has a strong presence on social media:

Social Media

Members/Subscribers

Instagram

Over 3,000

X (formerly Twitter)

Over 1,500

Facebook

Over 1,000

These channels often serve as additional touchpoints for traders to stay updated on company news, trading insights, and community engagement.

Nordic Funder InstagramNordic Funder has a strong presence on various social media platforms, including Instagram

Nordic Funder vs Top Prop Firms

Let's compare Nordic Funder's services with other prominent players in the industry.

Parameters

Nordic Funder Prop Firm

The5ers Prop Firm

Maven Trading Prop Firm

E8 Markets Prop Firm

Minimum Challenge Price

$42

$39

$15

$33

Maximum Fund Size

$1,000,000

$250,000

$100,000

$400,000

Evaluation steps

1-Step, 2-Step, 3-Step

1-Step, 2-Step, 3-Step

1-Step, 2-Step

1-Step, 2-Step, 3-Step, Instant Funding

Profit Share

90%

100%

85%

100%

Max Daily Drawdown

5%

5%

4%

7%

Max Drawdown

8%

10%

8%

14%

First Profit Target

5%

5%

8%

6%

Challenge Time Limit

Unlimited

Unlimited

Unlimited

Unlimited

Maximum Leverage

1:20

1:100

1:75

1:100

Payout Frequency

14 Days

Bi-weekly

10 Days

Weekly

Number of Trading Assets

N/A

3000+

400+

40+

Trading Platforms

MetaTrader 4

Metatrader 5

Match-Trader, cTrader

MetaTrader 5, Match Trader

TF Expert Suggestion

With account balances ranging from $5K to $500K and prices starting at $42 and going up to $4887.50, Nordic Funder provides diverse options for traders.

The prop firm’s partnership with the Scandinavian Capital Markets broker, no commission trading conditions, and 90% profit split suggest that traders will have a decent experience using the platform services.

FAQs

What instruments can I trade?

Nordic Funder supports trading in Forex, Cryptocurrencies, Metals, Commodities, and Indices. Notable examples include BTC/USD, Gold, Crude Oil, US30, SPX500, and exotic FX pairs. All instruments offer up to 1:20 leverage and raw spreads.

Are there time limits for completing challenges?

No. All challenges at Nordic Funder are untimed, offering maximum flexibility. However, traders must remain active by placing at least one trade every 30 days to avoid account deactivation.

What trading strategies are restricted?

The firm prohibits high-frequency trading (HFT), latency arbitrage, and triangular arbitrage. Traders may not hedge across multiple accounts. Strategies like martingale and high-risk single-position trading are allowed.

How does Nordic Funder calculate drawdowns and losses?

Drawdowns are calculated using the End of Day (EOD) balance model. This means daily losses are assessed based on your account’s balance at the end of the trading day—not mid-day equity fluctuations—allowing more tactical flexibility.

What is the maximum capital a trader can manage?

Traders can start with up to $500,000 funded accounts. Through the scaling plan, balances can double every time the trader earns a 10% profit, up to a ceiling of $1,000,000.

Does Nordic Funder refund challenge fees?

No, the prop firm doesn't offer refunds on its one-time fee.

What's the minimum account size offered by Nordic Funder?

Nordic Funder's funded accounts start at $5,000 and scale up to $1,000,000.

Can I use Expert Advisors (EAs)?

Yes, Nordic Funder permits the use of Expert Advisor on their funded accounts, if it's personal.

What's the profit split on Nordic Funder accounts?

Traders receive 80% of profits, while Nordic Funder takes 20%, with an option to increase the ratio to 90 / 10.

How often can I request payouts?

After your initial payout (available 24 hours after funding), you can request payouts every 14 days.

What trading platform does Nordic Funder use?

Nordic Funder uses the MetaTrader 4 (MT4) platform.

Is news trading allowed in this prop?

Nordic Funder allows news trading, but you may not open positions within a three-minute window before or after the news event.

What is the payout frequency?

Payout frequency in this prop is bi-weekly.

What is the maximum total drawdown percentage?

The maximum total drawdown in this prop is 8%.

What is Nordic Funder and how does its prop firm model work?

Nordic Funder is a Sweden-based proprietary trading firm founded in 2021 by David Nudleman. It offers funding up to $1 million through structured evaluation programs.

Traders first purchase a challenge (1-step, 2-step, or 3-step), meet profit targets (e.g., 10%), and maintain risk limits (e.g., 5% daily loss). Once qualified, they receive a funded account with up to 90% profit share.

How much does it cost to join Nordic Funder’s challenges?

Challenge prices range from $42 for a $5K 3-step account to $4,887.50 for a $500K 1-step account. The 3-step model is the most affordable across all tiers. For example, a $100K challenge costs $367.50 (3-step), $525 (2-step), or $850 (1-step).

What are the main differences between Nordic Funder’s evaluation models?

Nordic Funder offers three evaluation types:

  • 1-Step: 10% profit target, 5% daily loss, 6% trailing drawdown
  • 2-Step: 10%/5% profit, 4% daily loss, 8% static drawdown
  • 3-Step: 5% per stage, 5% daily & max drawdown, static model

All use EOD balance for loss calculations and have no time limits.

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