Mega Funded, is a dynamic new player in the prop trading arena that's turning heads with its innovative approach and trader-centric ethos. Launched in 2023 and registered in Australia, Mega Funded is already making waves by offering a diverse range of trading instruments and robust platforms like MT4 and DxTrade. Whether you're a forex enthusiast or a crypto aficionado, Mega Funded provides the tools and opportunities to maximize your trading potential. With a variety of account sizes and flexible payment options, including credit cards and cryptocurrencies, it's designed to cater to traders of all levels.
👉 The Vision behind Mega Funded
Mega Funded is a proprietary trading firm established in 2023 and registered in Australia. The company aims to revolutionize proprietary trading by offering innovative features and trader-friendly policies. Mega Funded provides traders with access to simulated capital, allowing them to fast-track their trading goals without risking their own funds.
The company operates from Songino Khairkhan District 15th Khoroo 13120, Ulaanbaatar City, Mongolia. Mega Funded emphasizes transparency, offering 24/7 support and a state-of-the-art trader dashboard for its clients.
The company is driven by a commitment to innovation, technology, and a culture of excellence. Their mission is clear: to consistently deliver virtual profits with real payouts while upholding the highest ethical standards.
Mega Funded positions itself as more than just a trading firm. It's a platform for growth and opportunity, striving to maximize profitability for all traders. This vision sets the stage for a trading environment that's both challenging and rewarding.
| Detail | Information |
|---|---|
| Company Name | Mega Funded |
| Established | 2023 |
| Registration | Australia |
| Address | Songino Khairkhan District 15th khoroo 13120, Ulaanbaatar City, Mongolia |
| Trading Platforms | MT4, DxTrade |
| Account Sizes | $5K – $200K |
| Profit Splits | 80% (1-Step), 90% (2-Step) |
| Support | 24/7 |
| Website | www.getmegafunded.com |
Unique Features and Benefits
Mega Funded offers several unique features that set it apart in the prop trading industry:
Platforms and Technology
One of Mega Funded's key strengths lies in its technological partnerships. The company has teamed up with Eightcap, a renowned name in the trading world, to provide traders access to some of the best trading platforms available. This collaboration ensures that Mega Funded's clients have the tools they need to execute their strategies effectively.
The partnership with Eightcap also brings another crucial advantage: fast execution. Mega Funded's service provider ensures lightning-fast trade execution and reliability, a critical factor in today's fast-paced markets.
Account Types and Challenges
Mega Funded offers a range of account types and challenges to cater to different trading styles and experience levels.
The company provides two main types of challenges: 1-Step and 2-Step.
1. 1-Step Challenges
The 1-Step challenges are designed for traders who prefer a straightforward path to funding.
Here's a breakdown of the available account sizes and their key features:
| Account Size | Min Trading Days | Max Daily Loss | Max Total Loss | Profit Share | Profit Target | Trading Leverage | Price |
|---|---|---|---|---|---|---|---|
| $15K | 5 | 4% | 8% | 80% | 10% | 1:50 | $100 |
| $25K | 5 | 4% | 8% | 80% | 10% | 1:50 | $125 |
| $50K | 5 | 4% | 8% | 80% | 10% | 1:50 | $250 |
| $100K | 5 | 4% | 8% | 80% | 10% | 1:50 | $450 |
| $200K | 5 | 4% | 8% | 80% | 10% | 1:50 | $900 |
2. 2-Step Challenges
The 2-step challenges offer a higher profit share but require traders to pass two phases.
Here's an overview of the 2-Step challenge accounts:
| Account Size | Min Trading Days | Max Daily Loss | Max Total Loss | Profit Share | Profit Target (Phase 1/2) | Trading Leverage | Price |
|---|---|---|---|---|---|---|---|
| $5K | 5 | 5% | 10% | 90% | 10% / 5% | 1:100 | $50 |
| $15K | 5 | 5% | 10% | 90% | 10% / 5% | 1:100 | $100 |
| $25K | 5 | 5% | 10% | 90% | 10% / 5% | 1:100 | $150 |
| $50K | 5 | 5% | 10% | 90% | 10% / 5% | 1:100 | $280 |
| $100K | 5 | 5% | 10% | 90% | 10% / 5% | 1:100 | $475 |
| $200K | 5 | 5% | 10% | 90% | 10% / 5% | 1:100 | $820 |
These diverse account options allow traders to select a challenge that best fits their trading style, risk tolerance, and financial capacity.
Trading Rules and Risk Management
Mega Funded places a strong emphasis on risk management, which is reflected in its trading rules.
The company sets specific daily drawdown and total loss limits to ensure responsible trading:
These limits are designed to protect both the trader and the firm from excessive losses, promoting a disciplined approach to trading.
Profit Targets and Payout Split
Mega Funded offers competitive profit splits to its traders, with the exact percentage depending on the type of challenge chosen. For 1-step Challenges, traders receive an 80% profit split, while 2-step Challenges offer a more generous 90% profit split.
These attractive splits are designed to reward traders for their successful trading performance. When it comes to payouts, Mega Funded follows a bi-weekly schedule, allowing traders to access their earnings regularly. However, it's important to note that traders must trade for at least 14 days as a live-funded trader before they can request their first payout. This payout structure ensures that traders can benefit from their profits in a timely manner while also maintaining a consistent trading period.
| Challenge Type | Account Sizes | Profit Split |
|---|---|---|
| 1-Step | $15K – $200K | 80% |
| 2-Step | $5K – $200K | 90% |
The Future of Mega Funded
Despite being a newcomer in the prop trading space, Mega Funded has shown promising potential. Their innovative approach, competitive offerings, and focus on trader success position them well for future growth.
The company's commitment to technology, as evidenced by their partnership with Eightcap, suggests that they will continue to evolve and adapt to changing market conditions and trader needs. Their rewards program and affiliate system also indicate a focus on long-term trader engagement and community building.
Mega Funded prioritizes trader success and technological innovation and is likely to play an increasingly important role. However, as with any financial venture, potential traders should conduct thorough research and carefully consider their own trading goals and risk tolerance before committing to a prop trading challenge.
Answering Trending Queries
What are the maximum daily and total loss limits?
For 1-step challenges, the max daily loss is 4% and the max total loss is 8%. For 2-step challenges, it's 5% max daily loss and 10% max total loss.
What broker does Mega Funded use?
Mega Funded partners with Eightcap to provide access to trading platforms.
How often are payouts made?
Mega Funded offers bi-weekly payouts to funded traders.
Is there a minimum trading day requirement?
Yes, there is a 5-day minimum trading requirement for both challenge types.
Does Mega Funded offer a rewards program?
Yes, Mega Funded has introduced a rewards program where traders can earn points based on their spending, which can be redeemed for cash rewards.
Is there 24/7 support available?
Yes, Mega Funded offers 24/7 support for all their clients.
💁♂️ To Conclude
Mega Funded stands as a transformative force in the world of proprietary trading, offering traders a unique opportunity to achieve their financial aspirations with simulated capital. By leveraging cutting-edge technology and fostering a culture of excellence, Mega Funded not only aims to deliver virtual profits with real payouts but also prioritizes ethical standards and transparency.
With partnerships like Eightcap, traders gain access to top-tier platforms, ensuring fast and reliable trade execution. Whether you're a novice or an experienced trader, Mega Funded provides a supportive and innovative environment to maximize your trading potential and profitability, making it an ideal choice for those seeking growth and success in the trading landscape.
