TradingFunds provides 1-step and 2-step evaluation models with a 10% profit target for the former. There are 5 account sizes [$5K, $10K, $25K, $50K, $100K] with a possibility to be scaled up to 6x.
The maximum available profit split is 90%, which is paid bi-weekly.
TradingFunds Company Overview
Founded in February 2023 and headquartered in Dubai, United Arab Emirates, TradingFunds has been a prop trading firm under the legal name "TF Solutions LLC".
The Company in Numbers:
- Over 1,100 funded traders
- An average payout time of 8 hours
- More than 280 affiliates
This prop firm is headquartered at Emirates Financial Towers, Office 28, DIFC, Dubai, United Arab Emirates.
Specifications and Features of TradingFunds
Prop firms offer their services in a set of specifications and features; we will have an overview of the TradingFunds' in the table below:
Account Currency | USD |
Minimum Price | $59 |
Maximum Leverage | 1:100 |
Maximum Profit Split | 90% |
Instruments | Forex, Commodities, Indices, Cryptocurrencies |
Assets | N/A |
Evaluation Steps | 1-Step, 2-Step, Instant Funding, Flex Challenge |
Withdrawal Methods | Riseworks |
Maximum Fund Size | $600,000 |
First Profit Target | 6% |
Max. Daily Loss | 4% |
Challenge Time Limit | Unlimited |
News Trading | Allowed |
Maximum Total Drawdown | 8% |
Trading Platforms | TradeLocker |
Commission Per Round Lot | $4 for Forex and Commodities None for Other Markets |
Trustpilot Score | 4.4/5 |
Payout Frequency | Bi-weekly |
Established Country | United Arab Emirates |
Established Year | 2023 |
Valuable Benefits and Notable Drawbacks
Like any trading opportunity, TradingFunds comes with its own list of advantages and disadvantages. Let's weigh them up:
Benefits | Drawbacks |
Decent Profit Sharing of Up to 90% | Relatively High Initial Prices |
Possibility to Scale Account Sizes | Strict Rules in Challenges |
Refundable Challenge Fees | - |
No Monthly Costs | - |
Challenges, Fees, and Sizes in TradingFunds
TradingFunds offers various challenges with different account sizes and prices to cater to various traders.
Challenge Type | Instant Funding | 1-Step | 2-Step | Flex Challenge |
$5,000 | $109 | $59 | $59 | $9 (Funded Account Price $66) |
$10,000 | $179 | $89 | $89 | $9 (Funded Account Price $116) |
$25,000 | $349 | $179 | $179 | $9 (Funded Account Price $241) |
$50,000 | $649 | $269 | $269 | $9 (Funded Account Price $441) |
$100,000 | $1199 | $489 | $489 | $9 (Funded Account Price $791) |
How To Open An Account And Verify On TradingFunds Prop Firm
Opening a new prop trading account with TradingFunds is a straightforward process that takes only a few minutes. TradingFunds registration:
#1 Go to the TradingFunds Registration Portal
Navigate to the official TradingFunds website and select “Open an Account” or “Login” to initiate the signup.
#2 Launch the Sign-Up Form
On the login page, click “Register” to access the account creation interface.
#3 Enter Your Personal Details
Submit full name, email address, phone number, residential address (including city and country), and postal code. Agree to the terms before proceeding.
#4 Verify Your Email Address
Check your inbox for the TradingFunds activation message. Click the provided verification link to confirm your email.
#5 Create a Secure Password
Once verified, access the password setup link from your email. Use a strong combination of uppercase, lowercase, symbols, and numbers to finalize your login credentials.
#6 Verify Your Account
After registration, traders can verify their trading accounts by providing proof of address and identity documents, such as an ID card, passport, driver's license, utility bill, and bank statement.
Trading Conditions in Various Evaluations
Each Challenge in the TradingFunds prop firm has its own set of trading conditions that traders must consider when trading.
Challenge Type | 1-Step Challenge | 2-Step Challenge | Instant Funding | Flex Challenge |
Profit Target Phase 1 | 10% | 6% | - | 6% |
Profit Target Phase 2 | - | 6% | - | - |
Maximum Daily Drawdown | 4% | 5% | 5% | 4% |
Maximum Overall Drawdown | 8% | 8% | 6% | 8% |
Minimum Trading Days | 4 Days | 3 Days | None | 1 Day |
Maximum Trading Days | Unlimited | Unlimited | Unlimited | Unlimited |
Bonuses and Promotional Offers on TradingFunds
The prop firm occasionally offers promotions and discounts to the traders, but, at the time of writing this article, no specific bonuses are available.
However, currently, challenge fees are 40% off.
TradingFunds Rules
TradingFunds has curated a list of rules and trading conditions to encourage traders to use safe trading strategies. TradingFunds rules:
- VPN and VPS Usage: No specific rules on VPN or VPS use, but all trades must comply with firm's rules
- Hedging: Hedging is allowed as long as no Expert Advisors are used
- Expert Advisors (EA): Risk management EAs are permitted, but banned strategies like Martingale and HFT will result in account closure
- Gambling & Risk Strategies: Gambling strategies, such as the Martingale and scalping strategies, are strictly prohibited
- News Trading: Trading during high-impact news events is allowed with caution regarding slippage and volatility
VPN and VPS Usage
TradingFunds does not impose any specific rules regarding the use of VPNs or VPS for trading. Nonetheless, traders are required to adhere to all other rules and ensure their trades comply with the firm's regulations.
Hedging
Hedging is allowed on TradingFunds, provided that trades remain within the framework of the established guidelines. However, the use of Expert Advisors (EAs) for hedging is prohibited.
Expert Advisors (EA)
While TradingFunds permits risk management EAs (trading bots), certain strategies are outright banned, regardless of whether an EA is used. These include:
- Martingale
- Tick Scalping
- Reverse Arbitrage Trading
- Latency Arbitrage Trading
- Hedge Arbitrage Trading
- Grid Trading or High-Frequency Trading (HFT)
Any involvement in these prohibited strategies will result in the immediate closure of your account.
Gambling & Risk Strategies
TradingFunds strictly forbids gambling-style strategies, which include the ones mentioned above. Engaging in these behaviors will result in account termination.
News Trading
Traders are allowed to participate in news trading during high-impact or red-folder events. However, it is essential to be mindful of the risks associated with such trades, including potential rollover, swap, slippage, and increased volatility.
Traders should exercise caution when trading during these events.
Trading Terminals
TradingFunds has partnered with Trade Locker to provide its traders with a cutting-edge trading platform. The platform has integrated TradingView and offers a range of useful trading tools, as well as over 100 indicators for technical analysis and trade execution.
Tradable Instruments and Symbols
TradingFunds offers a decent range of trading instruments in 4 markets:
- Forex
- Commodities
- Indices
- Cryptocurrencies
Unfortunately, the company hasn't provided more details regarding this matter.
TradingFunds Payment Methods
The prop firm offers different options for deposits and withdrawals. For challenge fees, this company accepts:
- Credit/Debit Cards
- PayPal
- Cryptocurrencies
For sending payouts, TradingFunds utilizes Riseworks, a payment processor known for its efficiency and security.
Commissions and Fees in Trading and Other Operations
We investigated the official website and other reliable sources for any information regarding the matter, but couldn't find anything useful. The firm's website should provide such data in an ideal case. Therefore, we asked the support team and got this information:
- $4 per lot for Forex and commodities
- No commission for trading crypto and indices
- No fees on any other operations
You have the option to estimate the profits of a trade using a Forex profit calculator for currencies and a crypto profit calculator for cryptocurrencies.
Educational Materials in TradingFunds
This prop firm doesn't provide the highest level of education in the industry; it enables access to these resources only:
- FAQ section addresses common queries
- Knowledge base with articles for traders from all levels
If extensive educational tools and resources matter to you, we suggest you examine other choices.
Trust Scores and Evaluations
TradingFunds has garnered positive reviews on TradingFunds Trustpilot page, boasting a commendable score of 4.4 out of 5 based on over 200 reviews. This places the company in the "Excellent" category. Traders praise the firm for:
- Transparent and fair trading conditions
- Responsive customer support
However, some reviewers have noted areas for improvement, such as the lack of MT4/MT5 platforms and limited swap-free account options.
Moreover, the company has a profile on the "ScamAdviser" website, having a Trustscore of 100/100 and an average user rating of 4.3/5 with more than 240 reviews.
Customer Support: Channels and Schedule
There are 3 main channels for contacting the support department at TradingFunds:
- Email: support@tradingfunds.com
- Live Chat: Available via the website
- Ticket: Accessible via the "Contact" section of the website
Also, you can visit the firm in-person in its headquarters (address above) or its other office, located at Goeman Borgesiuslaan 77 3515 ET Utrecht Netherlands.
The company has stated that the department's working hours are 09:00 to 18:00 (CET); no 24/7 services are available.
Social Media Channels on TradingFunds
The company has created 3 social pages on the related platforms on the internet; here's an introduction with relevant links:
- TradingFunds Facebook
- X (formerly Twitter)
TradingFunds Vs Other Prop Firms
Let's review the most critical aspects of trading with TradingFunds in comparison to other prop firms.
Parameters | TradingFunds Prop Firm | |||
Minimum Challenge Price | $59 | $67 | $100 | $55 |
Maximum Fund Size | $100,000 | $2,000,000 | $2,000,000 | $200,000 |
Evaluation steps | 1-Step, 2-Step, Instant Funding, Flex Challenge | 1-phase, 2-phase, 3-phase | 1-Step, 2-Step | 1-phase, 2-phase |
Profit Share | 90% | Up to 90% | 100% | 80% |
Max Daily Drawdown | 4% | 4% | 5% | 4% |
Max Drawdown | 8% | 10% | 10% | 6% |
First Profit Target | 6% | 6% | 10% | 8% |
Challenge Time Limit | Unlimited | Unlimited | Unlimited | Unlimited |
Maximum Leverage | 1:100 | 1:100 | 1:100 | 1:100 |
Payout Frequency | Bi-weekly | 14 Days | 7 Days | 2 Times a Month |
Number of Trading Assets | N/A | N/A | N/A | 200+ |
Trading Platforms | TradeLocker | MatchTrader, Tradelocker, MT5 | DXTrade, Tradelocker, MT5 | Metatrader 5, CFT Platform, and Crypto Futures |
Expert Suggestions
TradingFunds offers 4 markets [Forex, commodities, indices, cryptocurrencies] in accounts with a maximum daily loss of up to 5% and a maximum total drawdown of 10%.
The firm has received an average score of 4.4/5 on "Trustpilot", based on more than 200 user reviews. Since the prop firm does not provide enough tutorials and guides for trading, visit our Forex education page for more helpful content in this regard.