FUNDED ACADEMY REVIEW
Funded Academy is an Australia-based prop firm company that recently entered the forex market with one of the best capital offers in the business, and offering a more competitive environment for traders. With better rules, bigger accounts, life-changing payouts, a maximum capital offer of $2,000,000 and an attractive trader profit share of 80%, they make a strong case for themselves as one of the best in the business.
This post examine The Funded Academy packages, policies, trading rules, and every other necessary thing a trader needs to put into consideration before making the decision to trade with a form.
- Location: South Wale, Australia
- Year of Establishment: 29th July, 2021
- Licenses and Registration: RTO Code 91215 | ABN 99 114 087 937
- Number of Verified Traders: Not Specified
- Brokers: TradersWay, FxChoice, Tc Bridge, and EightCap.
Funded Academy Package/ Rules
Funded Academy prop firm offers six different Evaluation Account packages at varying price range to suit the needs of prospective traders.
Below is a brief explanation on the funded Academy Evaluation prices and packages.
- $25,000 funded account – the evaluation account package costs $200
- $50,000 funded account– the evaluation account package costs $400
- $100,000 funded account– the evaluation account package costs $725
- $250,000 funded account– the evaluation account package costs $1800
- $500,000 funded account– the evaluation account package costs $3550
- $1,000,000 funded account– the evaluation account package costs $7100
READ: What is Prop Firms Evaluation Challenge?
The funded Academy has a leverage of 1;10 for potential traders and a few trading limitations Forex, Metals, and Indices are 10:1. Equity Shares are 5:1. Cryptos are 2:1.
Trading rules
The Funded Academy trading rules are not so different from what should be expected. Just 2 basic rules actually.
- 10% profit target must be met to make it to the funded account.
- A maximum 5% must not be exceeded as well as the 4% daily drawdown.
READ: T4T Capital Review
What Makes Funded Academy Different From Other Prop Firm?
Just like other prop firm, Funded Academy has a list of distinguishing factor that differentiate them from other prop firm in the forex world. Keep reading to find out more.
- No time limitation in passing their challenge
- All trading style is welcome. No trading restrictions.
- Locked in drawdown
Funded Academy Review – What Are Traders Saying?
Funded Academy Reviews on Trustpilot
Kirk and Leanne Holloway
Oct 26, 2021
Dynamic and flexible new firm on the block!
Completed Stage 1 and looking forward to Stage 2. Support through the Discord is exceptional. Really like how this firm has structured everything when compared with other firms, definitely worth giving them a go.
customer
this is best prop firm ,i think every…
this is best prop firm ,i think every think is good.fear and loyal. but should reduce your fee,thanks
Is Funded Academy legit?
To note, this prop firm is still new as at the moment writing this article, so it is safe to see if they pass the test of time. However, Funded Academy went ahead and added two tabs to their website: Company Registration and Registration Certificate, which other prop firm barely do.
Does Funded Academy allow EA’s
Yes, you can trade using an Expert Advisor.
READ: Funded Trader Vs Surge Trader: A Comparison of the Traders
Funded Academy Scaling Plan
Additionally, Funded Academy has one of the best scaling plans for props on the industry. With each 10% funded account milestone, your initial capital doubles, giving you more money to trade with and the potential to scale up to $2,000,000!
Proof of Payout
Funded Academy Education
Funded Academy offers several blog posts on their website to educate and equip their traders on some of their innovations, trading details, rules, and mode of operations as seen above. You can click their help center tab to view and read more.
Funded Academy Trading Instrument/platform
Funded Academy offer all instruments Eightcap offers; including major and minor forex pairs, indices, cryptocurrencies, stocks & Gold
What Do Traders Have To Say About The Firm?
It is important to know what other traders are saying about the firm you intending trading with, take a look at what others are saying about Funded Academy prop firm.
Michelle Edmunds
Mar 22, 2022
Very happy with the process
Very happy with the process, and have received my first profit split. Look forward to adding more accounts with them and trading for them for a long time ?
Solomon Gordon
Nov 14, 2021
They also should probably consider 24 h service/support for the clients as the are based in Sydney, Au and are giving people 24 hour trade time for certain pairings.
They Seemed to be very new and not even quite sure how to run things. It was very slow accessing my accounts (over a week). They are the best company as far as rules are concerned so I would chose them again. They also should probably consider 24 h service for the clients as the are based in Sydney, Au and are giving people 24 hour trade time for certain pairings.
Kirk and Leanne Holloway
Oct 26, 2021
Dynamic and flexible new firm on the block!
Completed Stage 1 and looking forward to Stage 2. Support through the Discord is exceptional. Really like how this firm has structured everything when compared with other firms, definitely worth giving them a go.
customer
Sep 30, 2021
this is best prop firm ,i think every…
this is best prop firm ,i think every think is good.fear and loyal. but should reduce your fee,thanks
Danmar
Sep 6, 2021
I ask a lot of questions and i have…
I ask a lot of questions and i have always a quick response and also proposal interesting.
Good client service
Stephanie Edwards
Aug 9, 2021
Went through own deposit service and…
Went through own deposit service and they bought me a $50,000 challenge for free. Good service.
Demi Knowles
Aug 8, 2021
FUNDED is trustable
Funded is trustable, offers great trading conditions and wonderfull customer support. I’ve already received my first profit split and fee reimbursement. I intend to keep trading with them for years to come.
Candice Ferg
Dec 16, 2021
I would not recommend this company as…
I would not recommend this company as they seem to be more interest in collecting fees instead of building a group of successful traders. For example I hade a loss trade, trading .02 of a lot with 30,000 margin available and the next trade I took was a trade with 0.04 of lot size and as this one was a loss again due to delay with their broker executing trades via a trade copier. Well they failed the account as its class martingale trading. I have never seen this happen on any other funded account company. I would not waste your time with them as there is some really great companies else where.
Chloe Pullman
Mar 25, 2022
I can’t say enough good things about…
I can’t say enough good things about Funded Academy! Today I received my first ever profit split, With the company, I’ve had nothing but positive experiences. From the beginning, the company’s support has been excellent, and I would suggest it to anyone who knows how to trade
Funded Academy Social media Accounts
Funded Academy also have their presence on social media, which is Telegram and a discord channel with 781 members
Funded Academy Contact
Email:Hello@funded.academy
Telegram:@funded_academy
Discord: Funded Academy#0001
Tel:(414)456-7890
Conclusion
Funded Academy prop firm is new to the forex prop firm market and as such, we can’t attest its credibility just yet. However the firm has on their website the company registration and registration certificate slip to inform traders about their license which other prop firms barely do.
There’s no doubt that they indeed fund their traders and I’d back you to trade with them if your gut feeling says to. And by the way, they have a 4.7/5 stars rating on Trustpilot.
You may also check out our comprehensive and unbiased reviews of all other prop firms on this page >> Prop Firm Reviews.
