Super Funded provides 7 challenges with fundings from $3K up to $200K and fees ranging from $33 to $999.
The evaluation is done in 2 steps with 10% and 5% as first and second profit targets, respectively.
Super Funded Company Overview
SuperFunded is a prop trading firm that has been established in Australia and is powered by PropTradeTech, which is a prop management company.
There is not much information available about the prop firm itself, but based on the data received from the support team, the company was founded in June 2024.
Super Funded Specifications Summary
We will have an overview on the features and parameters that shape up the prop firm and its services in the table below:
Account Currency | USD |
Minimum Price | $33 |
Maximum Leverage | 1:100 |
Maximum Profit Split | 90% |
Instruments | Forex, Commodities, Stocks, Indices, Crypto |
Assets | +500 |
Evaluation Steps | 2 Steps |
Withdrawal Methods | Cryptocurrencies, Bank Wire Transfers |
Maximum Fund Size | $200,000 |
First Profit Target | 10% |
Max. Daily Loss | 5% |
Challenge Time Limit | No Limits |
News Trading | Prohibited |
Maximum Total Drawdown | 10% |
Trading Platforms | DXTrade, TradeLocker |
Commission Per Round Lot | 0.01% on Crypto Trading $7 for Other Instruments |
Trustpilot Score | 4.2 |
Payout Frequency | Every 30 Days (Every 15 Days via Buying The Add-on) |
Established Country | Australia |
Established Year | 2024 |
Advantages and Disadvantages
We suggest you always pay attention to the benefits and drawbacks of a prop firm before choosing one. Here's a balanced look at the pros and cons of trading with Super Funded:
Advantages | Disadvantages |
Attractive Profit Split of Up to 90% | No Option to Talk to the Support Team via Live Chat |
Affordable Minimum Challenge Price | Low Maximum Account Size of $200K |
Vast Range of Trading Symbols | - |
Account Sizes and Initial Fees
Super Funded provides its funding in 7 different forms. We have put each funding size with its corresponding price in the table below:
Account Size | Initial Cost |
$3,000 | $33 |
$6,000 | $66 |
$10,000 | $99 |
$25,000 | $158 |
$50,000 | $298 |
$100,000 | $550 |
$200,000 | $999 |
As it appears, there are no scaling programs for an increased account funding.
Super Funded Account Creation and Verification Guide
Creating an account with this prop firm is a straightforward process, similar to the registration on most other prop firms:
- Visit the company's website and scroll down;
- Choose one of the challenges, then click on "BUY NOW";
- Fill out the form with your name, country, residence address, email, and language, and choose the trading platform;
- Select one or both add-ons if interested;
- Select a payment method and pay the initial fee.
Now, you have created an account and bought a challenge. For verification, provide the required documents on the website.
What Rules and Parameters Are Set in the Challenges?
Super Funded uses a single 2-step challenge model for evaluating traders. We will discuss the rules in the table below:
Phase | 1st Step | 2nd Step |
Profit Target | 10% | 5% |
Minimum Trading Days | 4 | |
Max. Daily Loss | 5% | |
Max. Total Drawdown | 10% | |
Leverage | 1:100 | |
Max. Profit Split | 90% | |
The evaluation rules in this prop firm are not the easiest in the industry. Profit payouts are possible to request every 30 days, which can be decreased to every 15 days through purchasing the add-on.
Bonuses, Promotions, and Discounts
At the time of writing this article, Super Funded enables a 20% discount on all challenges, from $3K to $200K.
You should enter the code [NEWYEAR] while buying a challenge in order to get the discount. Keep in mind that promotions are typically time-limited.
Super Funded Prop Firm Trading Platforms
SuperFunded uses two popular options in the proprietary trading industry, Trade Locker and D Xtrade. Both these platforms, enabling access to helpful trading tools and features, are suitable for all traders. You can download TradeLocker for these operating systems:
Trading Instruments: How Many Assets Are Available on Super Funded?
SF, through its partnership with Eightcap, offers a wide range of +500 tradable instruments in 5 asset classes:
- Forex: Over 40 currency pairs
- Commodities: Metals and energies
- Cryptocurrencies: Bitcoin, Ethereum, and other coins/tokens
- Shares: Largest US, AUS, LSE, and XETRA stocks
- Indices: largest stock indices in the world
Payout Options and Payment Methods
Super Funded offers a typical list of payment options for receiving profits and paying the challenge prices:
Deposits:
- Credit/Debit Cards
- Cryptocurrencies (including USDT ERC20, USDT TRC20, BTC, and DOGE)
Withdrawals:
- Bank Wire Transfer
- Cryptocurrencies
The inclusion of cryptocurrency options for both deposits and withdrawals adds a layer of convenience for traders who prefer digital currencies.
Spreads and Fees: Does Super Funded Charge Any Trading Commissions?
The company's commission structure is published on the official website in a clear way:
- Crypto Trading: 0.01% commission (of the trade volume and the asset's opening price)
- All Other Instruments: $7 per lot
There are no other fees stated by the prop firm. On the other hand, spreads vary by the instrument and market conditions.
For estmiating profits, you can use a Forex profit calculator for trading currencies and a crypto profit calculator in cryptocurrencies positions.
Educational Resources
Super Funded's educational resources are primarily focused on their FAQ section, which covers key aspects of their prop firm model, including:
- Challenge rules and parameters
- Profit targets and drawdown limits
- Allowed trading strategies and instruments
- Payment and withdrawal processes
- Technical support and account management
Super Funded Trust Scores and User Reviews
This prop firm has garnered positive reviews from traders on sources like Trustpilot and ScamAdviser. Let's have an overview of the scores on said platforms:
- Trustpilot: 4.2/5 stars with +30 reviews
- ScamAdviser Trustscore: 100/100
- User reviews on ScamAdviser: 3.9/5 based on over 30 reviews
These scores suggest that Super Funded is generally well-regarded by its users.
Customer Services: Contact Methods and Working Schedule
Super Funded offers limited channels for providing support services and answering traders' inquiries:
- Email: support@superfunded.com
- Ticket: Submittable through the website
Note that as a relatively new firm, they may still be scaling their support capabilities to meet growing demand.
Does SuperFunded Have Any Social Media Channels?
This company has created accounts on 3 major social media platforms, including:
- Discord
- Twitter (X)
These channels are used to share company updates, trading tips, market analysis, and promotional offers.
Expert Suggestions
Super Funded, partnering with Eightcap for providing trading services, offers +500 tradable assets in 5 asset classes [Forex, commodities, cryptocurrecies, shares, indices].
This company has received a 4.2/5 trust score on the Trustpilot platform, based on more than 30 reviews.