FunderPro is a prop trading firm that lets traders manage simulated accounts up to $200,000 after passing an evaluation, with real cash rewards paid out based on performance. It runs on two linked entities: FunderPro Ltd, registered in Malta (company number C 104558), and FunderPro Saint Lucia Ltd (registration 2025-00393), which provides the simulated trading services traders actually use. Neither entity is a broker or holds client deposits, since all trading happens on demo infrastructure.

The firm launched in 2023 and built its name on daily payouts and no trailing drawdown, positioning itself against slower-paying, stricter rivals. As of June 2026, FunderPro has a new CEO. See the Is FunderPro Legit section for what changed and why it matters. Compare it against other options on our prop firm directory.

FunderPro runs three challenge types. One Phase is a single-step evaluation built for traders who want to get funded fast. Pro is a two-phase challenge with daily or weekly reward options and higher leverage. Classic is also two-phase, but drops the consistency rule and asks for a lower Phase 2 target, which makes it the easier of the two-step options for less experienced traders.

Account sizes run from $5,000 to $200,000, with a scaling plan that can take a funded account up to $5 million over time. As an example of pricing: the $5K Classic challenge costs $69 for Phase 1, Phase 2 is free, and the profit targets are $500 (10%) for Phase 1 and 5% for Phase 2. Prices scale up with account size, so check the live pricing table on funderpro.com for your exact size before buying.

FunderPro’s daily drawdown is 5% on Pro and Classic challenges and funded accounts, and 3% on the One Phase challenge. The daily drawdown is balance-based, not equity-based, and resets at 5:00 p.m. EST. Overall drawdown sits at 10% across all three challenge types, also balance-based with no trailing component, which is one of FunderPro’s main selling points against firms that use a trailing drawdown that keeps ratcheting up as you profit.

The Classic challenge’s lack of a consistency rule is a real differentiator versus most of the market, but it’s also the exact area where traders report the most disputes. Several Trustpilot reviews describe funded accounts flagged for “inconsistent lot sizing” after a single outlier trade, even when overall risk management looked disciplined. If you’re on a Pro challenge, don’t front-load your profit target in one or two trades. Spread it across your minimum trading days.

FunderPro runs on three platforms: MetaTrader 5, cTrader, and TradeLocker, all available on desktop, web, and mobile. TradeLocker also gives access to cTrader FIX and Open API connections, which some traders use for automated XAUUSD and algo strategies instead of manual click-trading. Tradable instruments span forex, metals, oil, indices, crypto, and stocks, with leverage varying by asset class and challenge type as shown in the table above.

News trading is allowed on all phases of every challenge. On funded accounts, some high-impact news events are restricted unless you’re on a Swing-eligible setup that permits weekend holding. EAs and trading bots are allowed through the supported platform APIs.

The base profit split is 80%. Traders can pay for an add-on to push that to 90%, and Pro traders who pick the weekly reward option get 90% for free instead of daily. On Pro accounts with the daily rewards option, you can request a payout any time your account is at least 1% in profit on the original balance, even multiple times in one day. One Phase and Classic funded accounts pay bi-weekly instead, with a $100 minimum reward and the first payout available after 7 days with the optional add-on.

FunderPro states an average reward issuing time of 8 hours, with most rewards processed within 1 working day. That claim shows up consistently in trader reviews, including from traders who otherwise had complaints elsewhere, which suggests the payout mechanism itself works reasonably well when an account isn’t flagged for a rule violation.

Best for: traders who want fast, frequent payouts and can trade cleanly on one device and one connection, without VPNs or shared networks that could trigger an IP overlap flag.

Avoid if: you rely on a VPN, trade from shared or public networks, or plan to hit your profit target in one or two oversized trades. Those are exactly the patterns tied to the current wave of payout disputes.

FunderPro is a real, registered company that has been paying traders since 2023, not a shell operation. It’s not regulated as a broker because it doesn’t need to be. Prop firms fund traders on demo infrastructure and don’t handle client deposits or execute real-market trades, so the absence of a financial license isn’t a red flag here.

Leadership change: Gary Mullen out, Tim Plummer in

In June 2026, Tim Plummer took over as CEO of FunderPro, replacing co-founder Gary Mullen, who has left the company to launch a marketing automation startup called StopChurn. Plummer also became CEO of sister brand NextTrade, a new CFD broker under the same parent group, Deus X Capital. He previously worked at IG Group, ending an eight-year run there as Head of Platform Innovation, and later served as Head of Product Strategy at Capital.com. FunderPro’s own “About Us” page hadn’t been updated to reflect the change at the time this review was checked, so expect the site to catch up shortly.

Trustpilot standing

FunderPro sits around 3.9 out of 5 on Trustpilot from more than 1,600 reviews as of June 2026. In January 2026, Trustpilot placed a consumer warning label on FunderPro’s profile after detecting two conflicting patterns: a wave of one-star reviews from accounts with no matching trader records, and a run of unsolicited five-star reviews that looked bot-generated. FunderPro published a public statement saying it was cooperating with Trustpilot’s Content Integrity Team to clean up both sets of fake activity. Independent tracking from a rival review site found the one-star count climbing through spring 2026, from 424 in late April to 447 by May 19, alongside a recurring complaint template: payout denied over IP address overlap or lot-size inconsistency, with FunderPro’s compliance team declining to share the specific detection trigger.

None of this proves FunderPro withholds payouts without cause. It does mean the dispute resolution process is opaque enough that neither side can fully prove their case in public, and that’s worth weighing before you fund a large account with them.

If FunderPro’s dispute pattern gives you pause, these firms are worth comparing. See our full prop firm comparison for more options.

FunderPro’s product still holds up. The static drawdown, the 80-90% split, and the 8-hour payout average are real advantages over a lot of the market. What’s changed since our last check is trust, not mechanics. A January consumer warning and a rising trail of payout-denial complaints in 2026 mean this isn’t a firm to fund blind. Trade clean, avoid VPNs and shared connections, spread your profit target across multiple days, and FunderPro is still a fast-paying option worth trying at a smaller account size first.