fundedprime: Trading with Confidence
fundedprime offers traders access to over 800 trading instruments, including FX, commodities, indices, and cryptocurrencies, via top-tier platforms like TradeLocker and DX Trade. Partnered with Eightcap, the firm prioritizes education and provides real-time signals and analysis. fundedprime’s unique challenge model, with no minimum profit target, makes it stand out.
Pros and Cons
Pros
- Education-Focused Platform
- Access to 800+ Trading Instruments
- Industry-Leading Spreads with Eightcap
- Simple Challenge Rules, Easy to Follow
- Allows News and Weekend Trading
Cons
- 1:50 Leverage May Limit High-Risk Traders
- Futures Trading Not Offered
- Limited Operational History
Recommended For
fundedprime is ideal for traders looking for an education-focused platform with access to over 800 trading instruments, including FX, commodities, and indices. Its partnership with trusted Australian broker Eightcap ensures industry-leading spreads, while the simple challenge rules make it easy for beginners and professionals alike. Unique features like real-time trading signals and weekend trading set it apart from competitors. Additionally, fundedprime offers a competitive profit split of up to 80%, with no minimum profit targets for withdrawals. However, the 1:50 leverage might be seen as limiting for high-risk traders, but it helps promote responsible trading. Overall, fundedprime is well-suited for traders seeking a supportive, transparent, and structured trading environment.
Top Features
Exclusive Trader Perks
fundedprime offers several unique features that distinguish it from other prop trading firms. Traders benefit from a 14-day payout cycle, which is faster than the typical 30-day period offered by competitors. The platform also provides exclusive access to real-time trading signals and market analysis directly through the trader dashboard, ensuring that traders can make informed decisions quickly.
Additionally, fundedprime boasts one of the best affiliate programs in the industry, offering commissions of up to 20% per sale, with weekly withdrawal options. These features enhance the overall trading experience and make fundedprime an appealing choice for traders looking for an edge.
Account Types
Customizable Trading Accounts
fundedprime offers challenge accounts that cater to a wide range of traders, from beginners to professionals. All challenge accounts provide access to Eightcap’s RAW feed, ensuring competitive spreads and excellent trading conditions. Traders can choose from various account sizes, starting with a minimum funded account size of $10,000, priced at $65, and going up to a maximum of $250,000.
With clear and simple account options, fundedprime ensures flexibility for traders to select accounts that match their trading goals and experience level.
|
Account Type |
Available |
|
DEMO ACCOUNT |
Yes |
|
ISLAMIC ACCOUNT |
No |
|
SEGREGATED ACCOUNT |
No |
|
MANAGED ACCOUNT |
No |
|
SUITABLE FOR BEGINNERS |
Yes |
|
SUITABLE FOR PROFESSIONALS |
Yes |
|
US TRADER |
Yes |
|
|
|
Trading Platforms
Cutting-Edge Platforms for All Devices
fundedprime provides access to some of the industry’s leading trading platforms, ensuring a seamless experience for traders across different devices.
Mobile Trading Apps
Traders can manage their accounts on the go with mobile trading apps available for both Android and iOS devices, using the TradeLocker platform for a fully optimized mobile experience.
Web Trading Apps
fundedprime offers a web-based platform through DX Trade or TradeLocker, allowing users to trade directly from their browser without the need for downloads. This platform offers real-time market analysis and smooth functionality.
Desktop Trading Apps
For those who prefer desktop trading, fundedprime provides access to TradeLocker’s desktop app for both Windows and Mac users, ensuring a full-featured trading experience with powerful tools and advanced analytics.
|
Trading Platform |
Available |
|
DX Trade |
YES |
|
TradeLocker |
YES |
|
CTRADER |
No |
|
PROPRIETARY |
No |
|
Desktop and Web Platform |
Available |
|
DESKTOP WINDOWS |
Yes |
|
DESKTOP MAC |
Yes |
|
WEB PLATFORM |
Yes |
|
Mobile Platform |
Available |
|
ANDROID |
Yes |
|
iOS |
Yes |
Pricing
Transparent Pricing Structure
fundedprime offers a straightforward and competitive fee structure, making it easy for traders to manage their accounts. Here’s a breakdown of the commissions and fees you can expect.
Account Minimum
The minimum account size is $10,000, priced at $65, allowing traders to start with a modest investment.
Trading Fees
Traders pay a $5 commission per lot on their trades, ensuring consistency and easy management of trades across various instruments.
CFD Fees
There is a $5 commission per lot for CFD trading, aligning with the overall trading fee structure.
Forex Fees
Similarly, forex trades are subject to a $5 commission per lot, keeping fees transparent across different asset classes.
Futures Fees
fundedprime does not offer futures trading, so there are no fees associated with this asset.
Account Fee
An initial fee is charged for traders to begin their evaluation. After this, there are no additional account fees.
Inactivity Fee
There are no inactivity fees; however, traders should note the 30-day inactivity period.
Withdrawal Fee
Bank transfers incur a fixed fee, while crypto transfers are generally fee-free, with a small percentage possibly applied in some cases.
Overnight Funding Fee
Specific CFDs may be subject to swap rates, which are clearly provided on the trading platform.
Currency Conversion Fee
No currency conversion fees are charged, making transactions more cost-effective for international traders.
Guaranteed Stop Order Fee
fundedprime does not charge for guaranteed stop orders, offering flexibility in trading strategies.
Service Details
24/7 Support for Traders
fundedprime offers robust customer support designed to assist traders at all times. With 24/7 email support, traders can reach out whenever they need assistance. Additionally, live chat support is available 24/5, providing real-time help during the trading week. For community-driven support, fundedprime also offers a dedicated Discord channel where traders can engage with each other and seek guidance. The comprehensive customer support structure ensures that traders have access to the resources they need, whether they’re troubleshooting technical issues or seeking advice on their trading strategies. With these responsive support channels, fundedprime ensures traders are never left in the dark.
Reliability & Security
Is fundedprime Legit and Safe?
fundedprime prioritizes user safety with a comprehensive system for fraud prevention and fund security. While not regulated, like most prop trading firms, fundedprime implements advanced fraud detection technologies, analyzing real-time data to block transactions from high-risk regions and users. Each trader undergoes a thorough KYC verification process before accessing any withdrawals, ensuring only legitimate participants can engage in trading.
Client fund security is further enhanced by transparent transaction recording. Every purchase is securely documented – and clients gain immediate access to their challenge accounts —providing confidence in the process. fundedprime also restricts users from sanctioned countries, adding an additional layer of security. These combined measures ensure a secure trading environment for all users.
Final Thoughts
fundedprime stands out as an education-driven prop trading firm with a strong focus on empowering traders. Offering access to over 800 trading instruments and industry-leading spreads through its partnership with Eightcap, it caters to both beginners and experienced traders. The platform’s unique features, such as real-time market analysis, flexible challenge rules, and a competitive profit split of up to 80%, make it an attractive option for traders looking for support and transparency.
Although the 1:50 leverage might not appeal to aggressive traders, it promotes responsible risk management. With user-friendly trading platforms, robust fraud prevention, and multiple account types, fundedprime provides a secure and versatile trading environment. Overall, fundedprime is a solid choice for traders who prioritize education, support, and flexibility in their trading journey.
Contact Info
Rialto Tower, Level 35, 525 Collins Street, Melbourne Australia.
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