Direct Funded Trader is a new proprietary trading firm that has quickly become popular in the industry since its inception in February 2023. Traders can take advantage of the 90% profit splits, enjoy returns of the 150% registration fee, and earn 3% for each lot trader and a lot more. These programs offer a unique pathway for talented individuals to prove their trading prowess without risking their own money.
By successfully navigating a series of challenges, traders can earn the right to manage significant sums provided by the funding company. It's like auditioning for a role as a hedge fund manager, but with a much lower barrier to entry.
Whether you're a seasoned trader looking to scale up or a newcomer with a knack for market analysis, direct-funded trader programs could be your ticket to the big leagues of financial markets.
What is a Direct Funded Trader?
| Key Feature | Details |
|---|---|
| CEO | Arthur Kaizu |
| Platform | MT4/5 |
| Payout Split | Upto 90% |
| First Payout | 30 days |
| Subsequent Payouts | Bi-Weekly |
| Maximum Daily Drawdown | Upto 5% |
| Headquarters | Dubai, UAE |
| Expert Advisors | Allowed |
| Max Funding | $200,000 |
| Funding Programs | Evaluation Program and Fast Funding |
| Leverage | 1:100 |
| Weekend Holding | Allowed (Except Standard Fast Funding) |
| Contact | support@directfundedtrader.com |
| Trustpilot Rating | 4.3/5.0 |
Direct Funded Trader is a rapidly growing proprietary trading firm that was established in February 2023 and is based in Dubai, United Arab Emirates. The firm offers traders the opportunity to manage accounts ranging from $15,000 to $200,000, with the potential to keep up to 80% of the profits generated.
Albeit Direct Funded Trader is a relatively new entrant in the prop trading industry, it has quickly established itself as a reputable and trustworthy firm, offering competitive profit splits, bi-weekly payouts, scaling plans, and a supportive trading environment for traders worldwide.
Evaluation Programs
Direct Funded Trader offers two distinct funding programs for traders to choose from: the Evaluation Program and Fast Funding.
1. Evaluation Program
The evaluation program consists of two phases; traders who successfully complete both phases are awarded a funded account with no profit targets but must maintain the 5% maximum daily loss and 10% maximum overall loss rules.
The first payout, which includes a 150% refund of the registration fee and $3 cashback per lot traded during the evaluation, occurs 30 days after the first trade on the funded account.
- Phase One:
Traders need to attain a profit Target of 8%, a Maximum Daily Loss of 5%, a Maximum Overall Loss of 10%, Minimum Trading Days should be 5, and a Trading Period is Unlimited.
- Phase Two:
In phase two of the evaluation program, traders are required to achieve a Profit Target of 5%, a Maximum Daily Loss of not more than 5%, a Maximum Overall Loss of not more than 10%, a Minimum Trading Days of 5, and Trading Period is Unlimited.
| Account Size | Pricing |
|---|---|
| $15,000 | $100 |
| $25,000 | $199 |
| $50,000 | $299 |
| $100,000 | $479 |
| $200,000 | $979 |
2. Fast Funding
Fast Funding is a one-step evaluation process that comes in two varieties: Standard and Aggressive.
- Standard Fast Funding:
Traders should secure a Profit Target of 10%, Maximum Daily Loss of 4%, Maximum Overall Loss of 7%, Minimum Trading Days shouldn’t be above 5, Trading Period is Unlimited, and Weekend Trading is not allowed.
- Aggressive Fast Funding:
The conditions of aggressive Fast Funding are almost the same as Standard Fast Funding, except weekend trading is allowed in this option.
| Account Size | Pricing (Standard) | Pricing (Aggressive) |
|---|---|---|
| $15,000 | $150 | $190 |
| $25,000 | $280 | $320 |
| $50,000 | $350 | $390 |
| $100,000 | $590 | $620 |
Scaling Plan
Direct Funded Trader offers a scaling plan for funded traders in the Evaluation Program, allowing them to increase their account balance based on their trading performance. A 25% account growth qualifies for a 50% increase in the initial account size, with the potential to scale up to $1,000,000 in capital.
Trading Platforms and Instruments
Direct Funded Trader supports trading on the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Traders have access to a wide range of instruments, including Forex pairs, Commodities, Indices, Stocks, and Cryptocurrencies (ETH/BTC only).
The firm partners with Blueberry Markets, an ASIC-regulated online forex broker, to provide traders with a superior trading environment, tight spreads, and committed 24/7 customer support.
Payouts and Profit Splits
One of the most attractive aspects of Direct Funded Traders is its generous profit split and payout structure. Funded traders receive 80% of the profits generated in their accounts, with the first payout occurring 30 calendar days after the first trade is placed. Subsequent payouts can be requested bi-weekly.
During the evaluation phases, traders also earn a $3 cashback per lot traded, further enhancing their earning potential. There are no minimum withdrawal thresholds, and the firm aims to process payouts within 48 hours of the request.
Customer Support and Community
Direct Funded Trader provides customer support through live chat and email. The firm also maintains an active presence on social media platforms like Twitter and Discord, where traders can engage with the community, ask questions, and stay updated on the latest developments.
The company's CEO, Arthur Kaziu, has been known to address client concerns directly through live streams and Q&A sessions, demonstrating a commitment to transparency and customer satisfaction.
MyFlashFunding Details
| Key Feature | Details |
|---|---|
| Supported Platforms | MT4/5 |
| Payment Methods | Credit/Debit Cards, Bank Transfer, Crypto Payments |
| Withdrawal Methods | Cryptocurrency, Deel, BankTransfer |
| Headquarter | Dubai, UAE |
| Restricted Countries | Pakistan, Vietnam, Iran, USA, Myanmar |
| Tradable Instruments | Forex pairs, Commodities, Indices, Stocks, and Cryptocurrencies (ETH/BTC only). |
| Owner | Arthur Kaizu |
| Established | 2023 |
FAQs Related to Direct Funded Trader
Does Direct Funded Trader offer a Scaling Plan?
Yes, the Evaluation Program features a scaling plan where a 25% account growth qualifies for a 50% increase in the initial account size, with the potential to scale up to $1,000,000 in capital.
How long has Direct Funded Trader been in business?
Direct Funded Trader was incorporated on February 28, 2023, making it a relatively new entrant in the prop trading industry.
What is a Direct Funded Trader's Reputation?
Despite being a new firm, Direct Funded Trader has quickly established itself as reputable and trustworthy, with a strong Trustpilot rating of 4.2/5 and numerous positive trader experiences.
Where can I find Payment Proof for Direct Funded Trader?
Payment proof and payout certificates from successful Direct Funded Trader clients can be found on websites like Trustpilot and the company's Discord channel.
How does Direct Funded Trader compare to other Prop Firms?
Compared to other popular prop firms, Direct Funded Trader offers no maximum trading day requirements during evaluation, and a $3 cashback per lot traded during evaluation.
The Bottom Line
Direct Funded Trader stands out as a rapidly evolving proprietary trading firm that offers a unique combination of innovative technology, flexible funding programs, and attractive profit splits. With the opportunity to manage accounts up to $200,000 and earn up to 90% profit shares, traders are well-positioned to advance their careers.
The firm's realistic profit targets, unlimited trading periods, and bi-weekly payouts provide a supportive environment for both novice and experienced traders. Direct Funded Trader's commitment to trader success, combined with its comprehensive support and transparent trading conditions, makes it a compelling choice for those looking to excel in the world of proprietary trading.
