FundedSquad, established in 2024 and based in Dubai, UAE, is making waves in the world of proprietary trading. This innovative company offers aspiring traders a unique opportunity to showcase their skills and potentially access significant capital without risking their own money. With a range of challenge models designed to suit different trading styles, It has quickly gained attention in the trading community.
FundedSquad platform boasts a user-friendly dashboard and emphasizes clear communication with traders. While the company is relatively new, it has already garnered positive reviews for its approach to identifying and supporting trading talent. Let's dive deeper into what They offer and how it's changing the game for traders looking to make their mark in the financial markets.
🔱 FundedSquad Overview
FundedSquad operates on a model that evaluates traders through a series of challenges before granting them access to funded accounts. This approach allows the firm to identify and support talented traders while managing risk effectively. By offering a range of account sizes and flexible trading conditions, FundedSquad caters to traders of various skill levels and trading styles.
| Attribute | Details |
|---|---|
| Company Name | FundedSquad |
| Established Year | 2024 |
| Headquarters | Office No. 001, DDO IFZA Business Park Dubai Silicon Oasis, Dubai (UAE) PO BOX- 342001 |
| Website | https://fundedsquad.com |
| Trading Platforms | Match-Trade, TradeLocker |
| Account Sizes | $10,000, $25,000, $50,000, $100,000, $200,000 |
| Drawdown Limit | 6% |
| Profit Split | 85% – 90% |
| Contact | support@fundedsquad.com |
FundedSquad is a relatively new player in the funded trading industry, having been established in 2024. The company offers traders the opportunity to access funded accounts through its evaluation process, which includes multiple unique funding models.
Key Features of FundedSquad
Trading Platforms: Utilizes Match-Trade and TradeLocker for their trading operations.
Account Sizes: The company offers (account sizes:$10,000, $25,000, $50,000, $100,000 and $200,000). These accounts are fully simulated, utilizing real market quotes from liquidity providers.
Drawdown Limit: Traders are subject to a maximum overall loss limit of 6%. This helps manage risk and ensure responsible trading practices.
Profit Split: Successful traders can enjoy a generous profit split ranging from 85% to 90%.
FundedSquad Evaluation Process
| 👉 Steps | Step 1 | Step 2 |
|---|---|---|
| Challenge | FundedTrader | – |
| Trading Period | Unlimited | Unlimited |
| Minimum Trading Days | 0 | 3 |
| Maximum Daily Loss | 3% | 3% |
| Maximum Overall Loss | 6% | 6% |
| Profit Target | 10% | None |
| Profit Split | – | 85% – 90% |
| Leverage | 1:30 | 1:30 |
| Payout Cycle | – | Bi-Weekly |
| Refundable Fee | $107 | – |
It employs a multi-step evaluation process to identify skilled traders:
- Challenge
- Verification (for some models)
- Funded Trader
The specific rules and targets vary depending on the chosen model but generally include factors such as:
It's important to note that FundedSquad prohibits certain trading strategies considered “cheating,” including platform freezing, using delayed data feeds, tick scalping, high-frequency trading, and arbitrage bots.
For any inquiries or support, traders can contact us via email at support@fundedsquad.com or visit their office located in Dubai, UAE.
🔱 Payout System and Platforms
FundedSquad partnered with RISE to provide you with secure and instant payouts. Our swift and reliable Payout system ensures rapid transactions and withdrawals without any hassle. It is the key to winning trader's trust and exhibiting our commitment to your success.
Traders can execute trades using the two award-winning platforms, Match Trader and TradeLocker. Both Trading platforms offer features like one-click trading, advanced charting tools, technical indicators, and risk management tools to ensure traders make better decisions with minimum risks and maximum efficiency.
Traders can choose the platform that best suits their trading style and strategies.
Account Types and Sizes
Offers a simulated instant funding account starting from just $249. Traders can choose from different account sizes based on their trading style and capital requirements. The available account sizes include:
As traders achieve a 10% profit, their account size doubles, providing them with even more trading capital to work with.
Profit Splits and Payouts
It offers competitive profit splits to its funded traders, FundedSquad isn’t just about funding; it’s about building traders’ confidence with guaranteed payouts. Once traders achieve the targets, they will be eligible to earn rewards as promised. With RISE integration, we made our payout system secure and swift. Moreover, Traders with simulated instant funding accounts can have instant payouts on demand.
Rack up massive simulated profits and watch them hit your account instantly. As a FundedSquad trader, you can have up to a 100% profit share and lightning-fast, seamless, and secure payouts with RISE and digital assets.
Regarding payouts, It provides multiple options for traders to withdraw their earnings:
- Rise: A digital payment platform that allows for quick and efficient fund transfers.
- Digital Assets: This option suggests that the Firm may support cryptocurrency payouts, offering traders flexibility in how they receive their profits.
⭐ Affiliate Program
FundedSquad values its affiliates. You can earn up to the industry's highest 15% commission on every trader you refer, along with generous monthly cash prizes. It's a win-win opportunity to grow your network and your wallet.
Commissions and Fees
While specific commission structures are not detailed in the search results, it's common for prop firms to charge fees for their evaluation programs. These fees help cover the costs associated with providing traders access to advanced platforms, market data, and support services.
FundedSquad may offer a refund policy for these fees, similar to other firms in the industry. For example, some prop firms refund the initial challenge fees upon a trader's fourth payout from their funded account. This practice incentivizes traders to perform well and maintain long-term relationships with the firm.
Frequently Asked Questions (FAQs)
What trading platforms does FundedSquad support?
It supports MetaTrader 5 (MT5) and has partnerships with alternative trading platforms to provide options for traders.
Does FundedSquad accept traders from the USA?
Information about trader eligibility based on country of residence is not provided in the search results. Traders should contact FundedSquad directly for this information.
What is the maximum funding limit at FundedSquad?
The maximum funding limit is not specified in the available search results. Traders should inquire directly with FundedSquad for this information.
How often can traders request payouts?
While the specific payout frequency for FundedSquad is not mentioned, prop firms typically offer bi-weekly or monthly withdrawal options.
Are there any minimum trading days required?
FundedSquad may have minimum trading day requirements, but specific details are not provided in the search results. Traders should verify this with the firm directly.
What are the profit targets for each evaluation phase?
Profit targets for FundedSquad's evaluation phases are not specified in the available information. Traders should check the firm's official website for these details.
Is weekend trading allowed at FundedSquad?
Information about weekend trading allowance is not provided in the search results. Traders should confirm this with FundedSquad's customer support.
🔱 Conclusion
FundedSquad presents itself as a competitive option in the prop trading industry, offering traders the opportunity to access significant capital, earn attractive profit splits, and benefit from a supportive trading environment. While specific details about account types, profit targets, and trading rules are not fully available in the provided search results, the firm's commitment to quick payouts, diverse trading instruments, and a generous affiliate program suggests a trader-centric approach. As with any prop trading opportunity, prospective traders should thoroughly review FundedSquad's terms and conditions and conduct due diligence before committing to their program.
