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RaiseMyFunds Review 2025

RaiseMyFunds Review 2025
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Company:

RaiseMyFunds

Founded:2024
Headquarter:Cape Town, South Africa
Min Price:$135
Max Fund:$1,000,000
Challenges:1
Scalable FundingNews Trading

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!

Your Capital is at risk.

About
RaiseMyFunds offers a clear 2-step evaluation process and bi-weekly payouts that many traders might appreciate. The firm has a Trustpilot score with a rating of 4.1/5, Though the lack of precise working hours for the support team and limited educational resources could be an issue for newer traders.
Contact
Portside Building, 4 Bree street, 8000 Cape Town, South Africa
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
FSCA Regulation Provides Security
A High Maximum Profit Split of Up to 90%
An Extensive Range of +500 Trading Assets
Scaling Opportunities Up To $1 Million
Cons
Relatively New Firm (Founded In 2024)
Relatively High Minimum Initial Price
Strict Evaluation Rules
score of blog
5 From 5.0
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RaiseMyFunds is a South African prop firm offering a range of attractive features such as a 1;100 leverage, access to MetaTrader 5, and news trading.

Traders benefit from no commissions per round lot, and the evaluation process provides unlimited trading time to reach profit targets.

RaiseMyFunds
RaiseMyFunds review: Benefits & drawbacks and important specifics

Company Specifics Overview

RaiseMyFunds is an new player in the prop trading industry, founded in 2024 and based in South Africa. What sets this firm apart from the other prop firms is its regulation by the Financial Sector Conduct Authority (FSCA) under the license number 50506, providing traders with a sense of security and trust. Company Main Specifics:

  • Office located at Portside Building, 4 Bree street, 8000 Cape Town, South Africa
  • Rewarded for the best trading conditions by International Business Magazine and best customer services by World Business Outlook in 2023

RaiseMyFunds Features and Specifics

Let's take an overall look at the key features offered by the prop firm with its services:

Account Currency

USD, EUR

Minimum Price

135 EUR

Maximum Leverage

1:100

Maximum Profit Split

90%

Instruments

Forex, Commodities, Stocks, Indices, Cryptocurrencies

Assets

+500

Evaluation Steps

2

Withdrawal Methods

Crypto, Bank Transfer

Maximum Fund Size

Scalable up to $1M

First Profit Target

10%

Max. Daily Loss

5%

Challenge Time Limit

Unlimited

News Trading

Allowed

Maximum Total Drawdown

10%

Trading Platforms

MetaTrader 5

Commission Per Round Lot

None

Trustpilot Score

4.1/5

Payout Frequency

Bi-weekly

Established Country

South Africa

Established Year

2024

Strengths and Weaknesses

To give you a balanced view and a fair perspective, let's examine the pros and cons of trading with RaiseMyFunds:

Strengths

Weaknesses

FSCA Regulation Provides Security

Relatively New Firm (Founded In 2024)

A High Maximum Profit Split of Up to 90%

Relatively High Minimum Initial Price

An Extensive Range of +500 Trading Assets

Strict Evaluation Rules

Scaling Opportunities Up To $1 Million

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Funding Levels and Initial Fees for Plans

RaiseMyFunds offers a range of account sizes with different prices to suit various budgets. In the table below, we will review these options with corresponding fees:

Funding

Price

$10,000

€135

$25,000

€225

$50,000

€315

$100,000

€499

$200,000

€990

The minimum price ($10,000 account) is relatively high compared to the average in the industry. Each fee is a one-time cost and covers all platform access and trading services throughout the evaluation.

Notably, RaiseMyFunds pledges a full refund of the registration fee upon a trader’s first successful “Scale-Up” or profit withdrawal. The firm emphasizes transparency by ensuring that no additional or recurring costs are imposed on traders.

Registration and Verification on RaiseMyFunds

Signing up with Raise My Funds is a quick and frictionless process, tailored for traders eager to join the prop trading environment. With just two simple steps, users can unlock access to the platform and start exploring funded challenge opportunities.

No email verification or payment is required at this stage of the RaiseMyFunds registration; only your core personal details are needed.

#1 Start the Registration

Begin by visiting the official Raise My Funds website and clicking on “Start Now” or “Open an Account”. This directs you to the registration page, where the setup begins.

#2 Complete the Sign Up Form

Enter your personal details, including:

  • First and last name
  • Phone number
  • Country of residence
  • Strong password
RaiseMyFunds Registration
Enter your email address and phone number to register with Raise My Funds

Once submitted, your account is created instantly, granting direct access to the RaiseMyFunds dashboard without requiring any email confirmation.

The prop firm ensures a seamless onboarding experience, making it easy to get started with their prop trading challenges right after sign-up.

#3 Raise My Funds Verification

Now, you can buy your challenge and proceed with the evaluation phase. Upon passing the challenge, you'll be required to complete the KYC procedure by providing supporting documents:

  • Proof of ID: Passport or Driving license
  • Proof of Address: Resident permit, Bank statement

Evaluation Programs: Phases and Rules

RaiseMyFunds applies a 2-step challenge model to assess trader discipline and profitability:

  • Step 1 (The Challenge): Traders must reach a 10% profit target while respecting a 5% daily loss limit and a 10% maximum drawdown;
  • Step 2 (The Confirmation): A 5% profit target under the same risk parameters confirms trading consistency.

Only after passing both steps does a trader receive a funded account.

Leverage

1:100

Trading Period

No Limits

Min. Trading Days

N/A

Max. Daily Loss

5%

Max. Total Drawdown

10%

Profit Target (1st Step – 2nd Step)

10%-5%

Profit Split

70% (Up to 90%)

In the screenshot below, the rules for every account size with the corresponding price is shown:

Raisemyfunds evaluation rules
Evaluation rules for every account size and initial fee in RaiseMyFunds

The lack of various programs might be a drawback for some traders. Also, the rules are not easy at all, especially for those with less experience. However, trustworthy firms typically set more difficult evaluation rules.

RaiseMyFunds provides funding accounts ranging from $10,000 to $200,000 in its standard challenge structure.

Traders who perform consistently are eligible for capital increases through the firm’s built-in scaling plan, which allows account growth up to a maximum allocation of $1,000,000.

The scalable funding structure enables traders to gradually unlock higher capital tiers without purchasing a new challenge once funded.

Raise My Funds Profit Split

Traders with RaiseMyFunds start with a 70% profit split once funded. This rate can increase to as much as 90% through consistent performance or milestone-based account scaling.

The firm rewards trading consistency by allowing progressive increases in payout percentages as traders demonstrate profitability and low-risk behavior.

Challenge Time Limit

RaiseMyFunds imposes no time limit for completing either phase of the evaluation process, giving traders full flexibility to trade at their own pace.

There is also no minimum trading day limit; you can get to the next stage by reaching the profit target at any time.

Available Bonuses and Promotions Review

We investigated the website and official sources for bonuses, and as of the latest information available, RaiseMyFunds does not offer any specific promotions. However, there might be discount codes on some third-party websites, and you should check them out for yourself.

RaiseMyFunds Rules

RaiseMyFunds offers unique trading opportunities with specific guidelines, including restrictions on VPN use, hedging, Expert Advisors, and news trading, ensuring compliance with industry standards for funded accounts.

  • HFT and arbitrage strategies are prohibited;
  • Caution is advised due to market volatility during economic events;
  • No specific rules are mentioned about VPN usage, Hedging, and Expert Advisors (EAs).

VPN Usage

There are currently no specific rules outlined regarding the use of VPNs. However, it is essential to note that any alterations in your geographical location through VPN usage might require clarification.

Hedging on RaiseMyFunds

No explicit restrictions or guidelines are provided concerning hedging activities. Traders should ensure that their approach aligns with general platform policies.

Expert Advisors (EA)

The prop firm does not specify any rules related to the use of Expert Advisors (EA) during trading. Nonetheless, it is always recommended to check with the RaiseMyFunds support team before using EAs.

Martingale and Arbitrage Strategies

All High-Frequency Trading (HFT) and arbitrage strategies are strictly prohibited across all accounts.

Upon joining RaiseMyFunds and obtaining a funded account, the trader’s activities will be managed on a real server, thus adhering to the requirements imposed by liquidity providers.

Traders should avoid these strategies to ensure compliance with platform policies.

Allowed Strategies on RaiseMyFunds
RaiseMyFunds doesn't allow high-frequency trading

News Trading on RaiseMyFunds

Economic news can present valuable trading opportunities, but it is crucial to trade carefully during such times.

Economic reports, central bank policy announcements, and political developments can lead to significant market fluctuations, often making such trades highly speculative and risky.

It is advisable to proceed with caution during these volatile periods. You can use an Economic Calendar to track high-impact news events.

Trading Platforms on RaiseMyFunds

Some prop firms offer access to MetaTrader platforms for their services, but most of them do not own the license. RaiseMyFunds provides MT5 with its own license. Key Features:

  • A vast range of charting tools and MT5 indicators
  • Support for various trading strategies (scalping, day trading, swing trading)
  • Expert Advisors (EAs) and custom indicators included

The platform is officially licensed, ensuring a secure and regulated trading environment throughout all phases.

TradingFinder has developed a wide range of MT5 indicators that you can access for free.

Tradable Instruments

RaiseMyFunds provides funding through trading a vast range of symbols and assets, from the Forex market to Crypto, catering to various trading preferences:

  • Forex
  • Indices
  • Commodities
  • Stocks
  • Cryptocurrencies

Overall, over 500 assets are available for traders. Unfortunately, no further information about the exact trading pairs are provided on the official website.

Methods to Pay and Get Paid on RaiseMyFunds

The prop firm offers typical payment options similar to most competitors in the industry. These methods include:

  • Cryptocurrency: Fast and secure transactions
  • Credit/Debit Cards: Convenient for most traders
  • Wire Transfer: Traditional bank transfer option
  • E-payment Systems: Google Pay, Apple Pay, etc.

RaiseMyFunds Prop Firm Trading Commissions

The mentioned firm attempts to provide a transparent fee structure. The company states that there "no additional or hidden fees" other than the initial price for challenges. Also, it claims to provide trading with the lowest spreads, but does not reveal any exact amount.

Education Materials

Educational resources are provided by some financial firms to help traders learn and improve.

RaiseMyFunds provides few educational resources, which are available through their FAQ section. This page covers common questions about the evaluation process, trading rules, scaling opportunities, etc.

Check TradingFinder's Forex education section for additional learning materials.

RaiseMyFunds FAQ
The FAQ section in RaiseMyFunds with common questions

Trust Scores and Traders' Reviews of RaiseMyFunds

These scores and ratings are usually submitted on platforms such as Trustpilot and REVIEWS.io. The RaiseMyFunds Trustpilot profile has received generally positive reviews on the former, with an overall rating of 4.1/5. In this section, we will briefly investigate these scores:

  • Based on 300+ ratings
  • More than 60% of reviews are 5-star
  • About 25% of scores are 1-star
  • The company replied to 85%+ of negative reviews
  • The firm asks for reviews regardless of whether they are negative or positive
Raisemyfunds trustpilot
The traders have given positive scores to RaiseMyFunds on the Trustpilot

Customer Services: Contact Channels and Working Schedule

Support is one of the most essential factors when choosing a financial firm. RaiseMyFunds offers 3 channels for customer services:

  • Ticket System: Accessible on the website
  • Email: Via support@raisemyfunds.co
  • Phone Call: +44 330 818 2329

Per our investigations on the website, there's no information available regarding the support team's working hours. This lack of data is a drawback for the firm's website.

RaiseMyFunds' Presence on Social Media

The company maintains social accounts on major platforms for posting updates and information about the firm:

Also, sometimes you will be able to find discount codes on Instagram and other mentioned pages of the firm. Therefore, it could be beneficial to occasionally check them out.

RaiseMyFunds vs Other Prop Firms

Let's check the prop firm's features and services in comparison with other platforms:

Parameters

RaiseMyFunds Prop Firm

The5ers Prop FirmBreakout Prop FirmBrightFunded Prop Firm

Minimum Challenge Price

€135

$39$50€55

Maximum Fund Size

$1,000,000

$250,000$2,000,000Infinite

Evaluation steps

2-Step

1-Step, 2-Step, 3-Step1-Step, 2-Step2-Step

Profit Share

90%

100%90%100%

Max Daily Drawdown

5%

5%4%5%

Max Drawdown

10%

10%6%8%

First Profit Target

10%

5%5%10%

Challenge Time Limit

Unlimited

UnlimitedUnlimitedUnlimited

Maximum Leverage

1:100

1:1001:51:100

Payout Frequency

14 Days

Bi-weeklyBi-weekly14 Days

Number of Trading Assets

500+

3000+100+150+

Trading Platforms

MetaTrader 5

Metatrader 5Proprietary platformProprietary platform

Expert Suggestions

In conclusion, RaiseMyFunds is an FSCA-regulated prop firm that offers competitive features, such as a scaling program up to $1,000,000 and a profit split of up to 90%.

However, the firm’s high initial fees, starting at €135 for a $10,000 account, and strict evaluation rules (including a 10% profit target in the first step) could be a barrier for some traders.

FAQs

Is RaiseMyFunds regulated?

Yes, the prop firm is regulated by the FSCA in South Africa.

What's the maximum funding available on RaiseMyFunds prop firm?

Traders can access up to $200,000 in funding, with potential to scale to $1 million.

What trading platform does RaiseMyFunds use?

This company provides access to the MetaTrader 5 (MT5) platform.

What is the evaluation process at RaiseMyFunds?

RaiseMyFunds uses a 2-phase evaluation model. In phase one, traders must hit a 10% profit target within a 5% daily and 10% overall drawdown. Phase two requires a 5% profit under the same limits.

Are there time limits to complete the RaiseMyFunds challenges?

No, RaiseMyFunds offers unlimited time for both evaluation steps, enabling traders to perform without pressure or deadlines.

What is the minimum cost to join RaiseMyFunds?

The minimum fee is €135 for a $10,000 challenge. Higher funding levels require larger one-time payments, with no recurring fees.

Does RaiseMyFunds refund the challenge fee?

Yes, the challenge fee is fully refundable upon the first successful profit withdrawal or scale-up, promoting commitment from serious traders.

What profit split does RaiseMyFunds offer?

Funded traders begin with a 70% profit share, which can grow to 90% based on performance and milestone achievements.

What instruments can be traded with RaiseMyFunds?

Traders can access over 500 assets, including forex, commodities, indices, stocks, and cryptocurrencies, providing broad diversification.

Is news trading allowed on RaiseMyFunds?

Yes, news trading is permitted, but traders are advised to exercise caution due to the risks of volatility during economic releases.

Are Expert Advisors (EAs) allowed in trading accounts?

Although no formal policy is outlined, EAs are not restricted. However, traders should consult support before usage to avoid compliance issues.

Can I hedge positions on RaiseMyFunds?

Hedging is not explicitly restricted, but traders are advised to stay within standard trading policy boundaries and avoid inter-account hedging.

Is there any information on VPN or VPS usage?

RaiseMyFunds provides no formal rules on VPN/VPS usage, but irregular location changes may raise security flags, so clarity is recommended.

What strategies are prohibited at RaiseMyFunds?

High-Frequency Trading (HFT) and arbitrage are strictly banned, as they conflict with liquidity provider policies.

How often are payouts processed by RaiseMyFunds?

Traders receive bi-weekly payouts upon request, allowing for regular and predictable withdrawals after hitting profit milestones.

What payment methods are supported by RaiseMyFunds?

Supported options include crypto, bank transfer, credit/debit cards, and e-payment systems like Apple Pay and Google Pay.

Does RaiseMyFunds offer educational content?

The firm provides limited education via its FAQ section.

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