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Table of contents

  • Pros and Cons
  • Recommended For
  • Top Features
  • Account Types
  • Trading Platforms
  • Pricing
  • Service Details
  • Reliability & Security
  • Final Thoughts
  • Contact Info

Focus Funded Review

Updated :
October 8, 2024
Written By icon
Written By
INVESTING
4.0

Comprehensive Trading with Flexibility

Focus Funded, a Melbourne-based proprietary trading firm, offers over 500 trading instruments across commodities, currencies, cryptocurrencies, indices, and stocks. Uniquely, it allows traders to complete evaluations with no time limits, and the firm boasts advanced risk management tools.

Pros and Cons

Pros

  • FocusPro Single-Step Challenges
  • Classic Two-Step Evaluations
  • Over 500 Trading Instruments
  • Unlimited Trading Period for Evaluations
  • 24/7 Customer Support

Cons

  • Limited Risk Management Tools
  • Futures trading Not Available
  • Withdrawal Fees for Bank Transfers

Recommended For

Focus Funded is an attractive choice for both beginner and professional traders. It offers two evaluation types—FocusPro and Classic—designed to assess trading skills without time constraints, a rare feature in the industry. With access to over 500 instruments and customizable trading parameters, traders have ample room for flexibility. The firm supports traders with educational resources and a comprehensive risk management eBook, though the risk management tools could be expanded. Additionally, its profit split of up to 90% and 24/7 customer support set it apart.

Top Features

Innovative Tools for Smarter Trading

Focus Funded stands out with several unique features that cater to both novice and seasoned traders. The platform offers advanced trading tools and comprehensive educational resources, ensuring that traders have access to valuable insights and market updates. Notably, its economic calendar, event announcements, and important news updates provide critical information to help users make informed trading decisions.

Focus Funded also offers 24/7 multilingual customer support, ensuring traders receive assistance whenever needed. The firm’s partnership with a trusted Australian broker adds an extra layer of reliability to its offerings. Additionally, Focus Funded provides 24-hour payouts, allowing traders quick access to their earnings, further enhancing the overall trading experience.

Account Types

Flexible Account Options

Focus Funded provides two main account types designed to suit different trading styles and experience levels. The FocusPro Single Evaluation Phase is ideal for traders who prefer a streamlined approach. This account type assesses the trader’s skills in a single phase, ensuring they meet performance standards efficiently before progressing to a funded account.

The Classic Two-Step Evaluation offers a more gradual process with improved profit splits and optional add-ons, making it attractive for traders who value customization. Both account types offer access to more than 500 trading instruments and are suitable for beginners and professionals alike.

The minimum account size starts at $10,000, priced at $68. Traders can access account size up to $200,000, which is priced at $1,009. This ensures that traders have ample capital to meet margin requirements and effectively manage their trades.

Account Type

Available

DEMO ACCOUNT

No

ISLAMIC ACCOUNT

No

SEGREGATED ACCOUNT

No

MANAGED ACCOUNT

No

SUITABLE FOR BEGINNERS

Yes

SUITABLE FOR PROFESSIONALS

Yes

US TRADER

Yes

Trading Platforms

Versatile Trading Platform Options

Focus Funded offers a reliable trading experience through the DX Trade and TradeLocker platforms, providing a solid foundation for both novice and experienced traders. The firm prioritizes flexibility by supporting a range of devices and trading environments, ensuring that traders can access their accounts and manage trades seamlessly.

Mobile Trading Apps

Focus Funded offers fully optimized mobile trading via the TradeLocker App.

Web Trading Apps

Focus Funded provides access to its trading services through a web-based platform called DX Trade. This platform is designed to offer all the essential tools and features needed for effective online trading.

Desktop Trading Apps

Trading for a desktop application is also available via TradeLocker’s feature-rich desktop experience on both Windows and Mac – all provided by trusted Australian broker Eightcap.

Trading Platform

Available

DX TRADE

Yes

TRADELOCKER

Yes

MT4

No

MT5

No

CTRADER

No

PROPRIETARY

No

Desktop and Web Platform

Trading Platform

Available

DESKTOP WINDOWS

TRADELOCKER

Yes

DESKTOP MAC

TRADELOCKER

Yes

WEB PLATFORM

DX TRADE
TRADELOCKER

Yes

Mobile Platform

Trading Platform

Available

ANDROID

TRADELOCKER

Yes

iOS

TRADELOCKER

Yes

Pricing

Transparent and Low-Cost Fees

Focus Funded offers a straightforward fee structure designed to keep trading costs low. Its commission structure applies a flat rate of $5 per lot across all instruments, ensuring transparent and consistent pricing. There are no hidden fees for trading, making it a cost-effective choice for traders looking to minimize expenses.

Account Minimum

The minimum funded account size starts at $10,000, and can be accessed by passing a challenge priced at $68, providing ample capital to manage trades effectively and meet margin requirements.

Trading Fees

A flat commission fee of $5 per lot is charged on all trading instruments, keeping the cost structure simple and predictable.

CFD Fees

There are no specific CFD fees mentioned beyond the flat commission applied to all instruments.

Forex Fees

No additional forex fees are charged beyond the standard commission structure.

Futures Fees

No futures fees apply, as futures trading is not available.

Account Fee

There are no account fees.

Inactivity Fee

Focus Funded does not charge an inactivity fee.

Withdrawal Fee

Withdrawal fees are $50 for bank wire transfers and 1% for cryptocurrency transactions.

Overnight Funding Fee

Swaps apply to all instruments and are updated daily based on market conditions.

Currency Conversion Fee

No currency conversion fees are listed.

Guaranteed Stop Order Fee

There are no fees for guaranteed stop orders.

Service Details

24/7 Multilingual Support

Focus Funded delivers reliable customer support with 24/7 availability, ensuring that traders receive help whenever they need it. The firm offers multiple channels of communication, including live chat via Discord, email, and a chatbot for instant responses. Traders can also stay connected through social media platforms such as Instagram, X, and Facebook. This broad range of support options ensures that all users have the assistance they need to navigate their trading journey smoothly.

Reliability & Security

Is Focus Funded Legit and Safe?

Focus Funded takes user security seriously, implementing multiple layers of protection. It follows strict internal compliance processes to maintain a safe trading environment. The firm utilizes secure payment gateways with advanced encryption technology to protect financial transactions and reduce the risk of fraud. Additionally, its Know Your Customer (KYC) process ensures that only verified users can access trading services, safeguarding against identity theft and unauthorized account access.

To further enhance fund security, Focus Funded incorporates 3DS technology and maintains strict financial controls. These measures help monitor and manage cash reserves, preventing unauthorized access to client funds. The company also employs firewall systems to shield its network from potential cyber threats, ensuring a secure and trustworthy experience for all traders.

Final Thoughts

Focus Funded presents a compelling choice for traders seeking flexibility and diverse trading options. With more than 500 instruments, customizable evaluation parameters, and no time limits on assessments, the platform is well-suited for both beginners and seasoned traders. The firm’s strong emphasis on education, coupled with advanced security measures like KYC verification and encrypted payment gateways, enhances its appeal. Focus Funded also offers transparent fees, 24/7 customer support, and swift payout options. Overall, Focus Funded offers a solid platform for traders aiming to grow their skills and capitalize on market opportunities.

Contact Info

laptop Website: https://focusfunded.com/
laptop Email: support@focusfunded.com
call Telephone: +61 402 164 424
location_on Company Address:
525 Collins St, Melbourne VIC 3000

Disclaimer: The contents of this page or available via this page ("Contents") are provided by third parties and do not constitute an endorsement by FUSION MEDIA of the Contents or products of such third parties. FUSION MEDIA has no control of the Contents, is not responsible for their accuracy, availability or legality and hereby disclaims any responsibility for the Contents. Any transactions that you enter into with any third party listed in this page or linked from this page are solely between you and such third party and are at your sole risk. Please also refer to our Risk Warning. FUSION MEDIA disclaims any liability for any damage or loss caused in connection with the use of or reliance on any Contents Please be informed that Proprietary Trading is not fully regulated, the user will bear full responsibility of losses or gains achieved.

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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
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Please be informed that Proprietary Trading is not fully regulated, the user will bear full responsibility of losses or gains achieved.


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