Company Background: Direct Funded Trader is a proprietary trading firm focused on providing innovative and modern solutions for traders. They offer a variety of funding programs with the aim of advancing traders' careers through a rigorous evaluation process.
Year Established: The exact founding date isn't specified, but the firm is described as fast-evolving and modern.
Head Office Location: Information not specified on the retrieved pages.
Prohibited Countries: USA, Iran, Myanmar, Vietnam, Pakistan, and UAE.
Associated Brokers: Blueberry Markets
Evaluation Description: There are multiple challenges: Evaluation Challenge (two-step), Fast Funding Standard, and Fast Funding Aggressive. Profit targets are 8% in phase one and 5% in phase two for the Evaluation Challenge. Fast Funding challenges have a 10% profit target. Maximum daily losses are 5% for Evaluation, 4% for Fast Funding. Maximum overall losses are 10% for Evaluation and 7% for Fast Funding. Minimum trading days are 5, with no maximum.
Funded Trader Benefits: Funded traders receive up to $200,000 in trading capital, bi-weekly payouts, and an initial 80% profit split, increasing to 90% after five successful payouts.
Profit Split: 80% initially, increasing to 90% after five payouts.
Account Size (USD): N/A
Max Trading Days: N/A
Min Trading Days: N/A
Max Daily Loss: 5%
Max Total Loss: 10%
Profit Target: 8%
Challenge Fee (USD): Evaluation: $100 - $979, depending on account size. Fast Funding Standard: $150 - $590. Fast Funding Aggressive: $190 - $620.
Fee Refundable: Yes, if you don't reset the challenge.
News Trading Allowed: Yes
EAs Allowed: Yes
Copy Trading Allowed: Yes
Describe Scaling Plan: Specifics on scaling requirements include a minimum number of months and achieving a certain profit percentage.
Scaling Plan Requirements:
Min Months Prior to Scaling:
Total Minimum Profit Percentage Achieved:
Positive Account Balance Required:
Increased Profit Split:
Max Account Value:
Trading Platforms Used: MT4 and MT5.
Tools & Services Provided by the Prop Firm: Not specified.
Prop Firm Trading Educational Material Provided: N/A
Testimonials: Trustpilot Rating: 4.0 / 5 with mixed reviews.
Trustpilot Rating: 4.2
Number of Trustpilot Reviews: no specific number of reviews mentioned.
Prop Firm Social Presence: No specific social media follower numbers provided.
Online Opinion of Prop Firm: Generally positive reviews on Trustpilot highlight good spreads, fast customer support, and prompt payouts, though some rules may lack transparency.