Funding Frontier Prop Firm Review [Updated] (2024)

Risk Warning: Your capital is at risk. 74-89% of retail investors lose money when trading CFDs.
You should consider whether you can afford to take the high risk.

Funding Frontier is a newly established prop firm. It is located and registered in the UAE, and they’re operating under UAE laws. The owners are Keashif Beyg and Zain Omar. You’ll need to pass an evaluation process to trade with Funding Frontier.

Funding Frontier Prop Firm Review [Updated] (1)

Coupon Codes at Funding Frontier:

TWINSAVER: Buy One Get One Free deal, but you need to pass the first account up to $100k.

TRIPLE12: 12.5% discount on Challenge Fee, a 125% Refund, and 12% of Phase 2 Profits.

Trading Platforms at Funding Frontier

At Funding Frontier, you’re able to use 2 platforms for trading, MT5 and cTRADER. MT5 is a multi-asset platform by MetaQuotes. cTRADERS is a platform that includes custom indicators and cBots.

What Instruments Does Funding Frontier Offer?

Funding Frontier provides trading instruments like Forex, Indices, Crypto, and Commodities. Since they are partnered with ThinkMarkets, you can trade pairs ending with an “x” like EURUSDx.

Options for Payment at Funding Frontier

You can pay with Credit/Debit Cards, PayPal, or Crypto. To withdraw, you can use Bank Transfer or Crypto.

How To Contact Funding Frontier

There are several options you can use to contact Funding Frontier: live chat, Discord, social media accounts, and email: [emailprotected].

Community Feedback for Funding Frontier

Funding Frontier has quite a high rating of 4.5 stars out of 5 on TrustPilot, based on 245 reviews. Most of the reviews are positive, with 83% of users giving it 5 stars. They commend its customer support and reliability. However, 7% of users rated it 1 star due to concerns about the transition to the Dominion market and possible undisclosed rules.

Different Account Sizes at Funding Frontier

At Funding Frontier, you can choose from five different account sizes:

$5,000

$10,000

$25,000

$50,000

$100,000

Funding Frontier Approach to Profit Sharing

At Funding Frontier, they keep 20% of profits, leaving you with 80%.

Profit Goals at Funding Frontier

Profit goals depend on the phase of the challenge. In Phase 1, the profit target can be between 7.5% and 5%. In Phase 2, it ranges from 5% to 4%. If there’s a Phase 3, the profit target remains constant at 3%.

Funding Frontier: Loss and Drawdown Limits

For the 2-step challenge at Funding Frontier, the maximum daily loss is 5%. In contrast, the 3-step challenge doesn’t have any daily loss limit. The maximum total loss allowed is 10% for 2-step challenges and 5% for 3-step challenges.

Funding Frontier Minimum/Maximum Trading Day Requirements

The minimum trading days at Funding Frontier vary based on the challenge type. For the 2-step challenge, there’s a minimum requirement of 5 trading days with no maximum limit. On the other hand, the 3-step challenge doesn’t have a maximum limit on trading days, but it requires a minimum of 3 days.

Cost of Joining Funding Frontier Challenge

Account amount$5,000$5,000$10,000$10,000$25,000$25,000$50,000$50,000$100,000$100,000$200,000
Steps2-step3-step2-step3-step2-step3-step2-step3-step2-step3-step2-step
Price$49$49$84$69$195$165$290$240$490$380$945

Understanding Fees and Commissions at Funding Frontier

At Funding Frontier, you’re charged a commission of $3.50 per lot, per side, totaling $7 for a round trip.

Are Fees at Funding Frontier Refundable

According to the Funding Frontier refund policy, you have the opportunity to receive a refund of up to 25% of the registration fee on your funded account.

This refund is only available after you get the funded account status on the platform. You’ll get the refund after you receive the first trade profits.

Trial Periods Available at Funding Frontier

Funding Frontier doesn’t offer any trial periods.

Frequency of Payouts

You can request a payout every 14 to 30 days after making a first trade on your funding account.

Pros vs. Cons based on Trustpilot Reviews

Pros

  • Low profit target
  • Excellent customer support
  • Reliable proprietary trading firm

Cons

  • Problems with site migration to Dominion Markets
  • Potential undisclosed rules

Funding Frontier FAQ

What instruments can I trade?

Trading instruments that Funding Frontier offers are Forex, Crypto, Commodities, and Indices.


What are the spreads and commissions?

Spreads are usually less than 1 pip. The commissions stand at $3.50 per lot, per side, so $7 per round trip.


Are EAs allowed?

Yes. You can use EAs at Funding Frontier.


Do I have to place a stop loss on trades?

Yes, you have to use the stop loss on trades once you’re a funded trader.


What is the difference between a Hard Breach and Soft Breach rule?

A soft breach means you can keep trading your account even if you break a rule. Hard breach means you will lose your funded account.

Funding Frontier Prop Firm Review [Updated] (2024)

FAQs

What is a funded prop account? ›

A prop trading account is part of a funded trader program, a trading arrangement in which a trading firm provides capital to a trader to trade financial markets.

Is Fidelcrest a good prop firm? ›

Fidelcrest is a reliable prop trading firm with the TU Overall Score of 7.13 out of 10.

Are funded accounts legit? ›

Are funded trading accounts legit? No funded trader accounts are not real accounts. They are demo accounts where you are not trading on legit markets. You are trading on fake prices that closely mirror the underlying market.

What happens when you lose money on a funded account? ›

On a funded account, losing a large amount of money does not mean much. Even if it results in losing your funded account, you can still try to pass the evaluation at the same firm again or just join another one. Ultimately, you do not risk much and do not lose much.

Which is the most trusted prop firm? ›

The most popular prop trading firms and funded programmes
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • True Forex Funds.
  • The 5%ers.
  • Funded Next.

Which prop firm is better than FTMO? ›

FunderPro: FunderPro is the most popular alternative to FTMO. It has a similar two-step challenge process, but the requirements are slightly more lenient. For example, the FunderPro Challenge requires a 10% profit target in 30 days, while the FTMO Challenge requires a 12% profit target.

Do prop firms really pay out? ›

Statistics on Average Trader Payouts

Profit Split: The average prop firm will offer a 80-20 profit split once you become a funded trader. TFT, on the other hand, gives up to a 90% split, — even as high as 95% in some promotions — the highest in the industry.

How does prop funding work? ›

Proprietary trading firms trade their own capital instead of client's funds, which distinguishes them from brokerage firms. Unlike hedge funds, they typically do not seek external investors and their compensation is not based on a management or performance fee but on the profit generated from trades.

How do you qualify for a funded account? ›

Now that we understand the benefits of a funded trading account, let's take a look at the step-by-step process of acquiring one.
  1. Step 1: Research and Choose a Provider. ...
  2. Step 2: Meet the Eligibility Requirements. ...
  3. Step 3: Submit an Application. ...
  4. Step 4: Pass the Evaluation Process. ...
  5. Step 5: Sign the Agreement and Start Trading.
Mar 18, 2024

What is the benefit of funded account? ›

Funded trading accounts can be beneficial due to features like access to significant capital, reduced trading costs, and the ability to trade with lower risk as compared to trading with personal funds. Additionally, some prop firms offer training and support to help traders improve their skills.

How do prop accounts work? ›

In a traditional account, traders use their own capital to make trades, and the broker acts as an intermediary between the trader and the market. On the other hand, prop firm accounts allow traders to use the firm's capital and trade directly in the market without a broker.

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