Falconfunded.com Reviews

Based on looking at the website, Falconfunded.com appears to be a proprietary trading firm, often referred to as a “prop firm.” These firms aim to identify and fund skilled traders, providing them with capital to trade various financial instruments like Forex, metals, indices, and cryptocurrencies.

The core promise revolves around allowing traders to access significant capital pools after passing a “challenge” and “verification” process, ultimately offering a substantial profit share—up to 90% in their case.

While the allure of trading with firm capital and retaining a large portion of profits is strong, it’s crucial to approach such opportunities with a clear understanding of the risks involved, particularly in the volatile world of speculative trading, and to differentiate between genuine skill development and the inherent uncertainties of financial markets.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Understanding the Prop Firm Model: How Falconfunded.com Operates

Proprietary trading firms like Falconfunded.com operate on a model designed to identify profitable traders without the firm having to risk its own capital upfront on unproven individuals.

Instead, they create a structured evaluation process that mimics real trading conditions.

For traders, this presents an opportunity to potentially access substantial capital without personal risk, as long as they adhere to specific trading rules and performance metrics.

The Challenge Phase: Proving Your Trading Prowess

The initial step at Falconfunded.com is “The Challenge.” This is essentially a baseline test where traders demonstrate their ability to consistently generate profits while managing risk. The website states a profit target of 7.5%. This means a trader must increase their account balance by 7.5% from the starting capital of the challenge to progress. For instance, on a $100,000 challenge account, this would mean achieving a profit of $7,500.

• Key Metrics in Phase 1:
  • Target Profit: 7.5%
  • Maximum Loss: 11.0% total drawdown from the initial balance
  • Daily Loss: 4.0% maximum loss allowed within a single trading day
  • Minimum Trading Days: 4 days
  • Challenge Leverage: 1:100 allowing for larger positions relative to capital
  • Challenge Duration: Unlimited a notable feature providing flexibility

The challenge phase is designed to weed out impulsive or unskilled traders. Postaresume.co.in Reviews

Successfully meeting the profit target without breaching the drawdown limits moves the trader to the next stage.

It’s important to remember that these are simulated environments, and while they aim to replicate real market conditions, the psychological pressures of live trading with actual funds can be different.

The Verification Phase: Solidifying Your Strategy

Upon successfully completing “The Challenge,” traders advance to “The Verification” stage.

This phase serves as a final assessment, where the firm verifies the trader’s consistency and adherence to risk management principles over a longer period.

While similar to the challenge, additional rules might be in place, and the profit target is usually lower, signaling a shift towards sustainable trading rather than aggressive growth. Startravelandtours.co.uk Reviews

• Key Metrics in Phase 2:
  • Target Profit: 6.0% lower than Phase 1, emphasizing consistency
  • Maximum Loss: 11.0%
  • Daily Loss: 4.0%
  • Challenge Leverage: 1:100
  • Challenge Duration: Unlimited

Passing both phases demonstrates to Falconfunded.com that a trader possesses the discipline and skill to manage capital effectively.

Once both stages are cleared, the trader is offered a contract to become a “Falcon Funded Trader.”

Becoming a Falcon Funded Trader: The Live Account

This is the ultimate goal for traders engaging with Falconfunded.com. Once the challenge and verification are passed, and the contract is signed, the trader is granted access to a live trading account funded by Falconfunded.com. The key benefit here is the profit-sharing arrangement, which is advertised as up to 90%.

• Live Account Details:
  • Profit Share: 85/15 initially, with the potential to scale up to 90%
  • Max Loss: 10.0% slightly tighter than challenge phases
  • Challenge Leverage: 1:30 lower than challenge phases, reflecting real-world risk management
  • Refundable Fees: The initial fee paid for the challenge e.g., $494 for a $100K account is refundable upon becoming a funded trader.

It’s crucial for traders to understand that while they share in the profits, they are also bound by the firm’s strict risk parameters.

Breaching these limits, even in a funded account, can lead to termination of the trading agreement. Donsje.com Reviews

Therefore, disciplined risk management remains paramount.

Key Features and Differentiators of Falconfunded.com

In a crowded market of proprietary trading firms, Falconfunded.com highlights several features they believe set them apart.

These features often revolve around making the challenge more accessible and the funded trading experience more rewarding for successful participants.

Lowest Profit Target in the Industry?

Falconfunded.com prominently advertises a 7.5% profit target for their initial challenge phase. This is indeed on the lower side compared to some other prop firms, which might require 8% or even 10% profit targets. A lower target theoretically makes it easier for a trader to pass the initial evaluation.

• Impact on Traders:
  • Reduced Pressure: A lower target can reduce the pressure on traders to take excessive risks, allowing them to focus on consistent, disciplined trading.
  • Higher Pass Rate Potential: Statistically, a lower profit hurdle might lead to a higher percentage of traders successfully completing the challenge.
  • Faster Progression: Skilled traders might be able to achieve this target more quickly, moving to the verification and funded stages sooner.

However, a low profit target must always be considered in conjunction with other rules, such as maximum drawdown and daily loss limits. Latiendadelapicultor.com Reviews

A very tight drawdown limit, even with a low profit target, can still make the challenge difficult if a trader experiences a series of small losses.

Industry-Leading Profit Share: Up to 90%

One of the most attractive features highlighted by Falconfunded.com is their promise of an industry-high profit share of up to 90%. They explicitly state, “Most firms give you 80%. We believe in rewarding better.” This directly appeals to traders looking to maximize their earnings from their trading efforts.

• Comparison to Industry Standards: While 80% is common, 90% is indeed at the higher end of profit-sharing models offered by prop firms.
• Scaling Potential: The website mentions an initial 85/15 split for funded traders, with the potential to scale up to 90%. This implies that the higher profit share might be contingent on consistent performance over time or achieving certain milestones.
• Implications for Traders: For a trader generating significant profits, even a 5-10% difference in profit share can translate into substantial additional income over time. This makes the firm potentially more appealing to highly profitable traders.

It’s important for traders to clarify the exact conditions under which the 90% profit share becomes active, whether it’s an immediate benefit upon funding or requires a track record of performance.

More Room to Win: 11% Maximum Drawdown Limit

Falconfunded.com states that their 11% maximum drawdown limit is “the most allowed in the market,” providing “greater flexibility and higher chances to succeed.” The maximum drawdown refers to the largest percentage drop from the initial account balance at any point.

• Understanding Drawdown: A higher maximum drawdown limit means traders have more buffer to absorb fluctuations or losing streaks without violating the firm’s rules and losing their account.
• Trader Psychology: This flexibility can be beneficial for traders, as it reduces the psychological pressure that comes with very tight drawdown limits. It allows for more natural market movements and common trading fluctuations without immediately failing the challenge.
• Risk Management Implications: While a higher drawdown provides more room, traders must still practice stringent risk management. Relying solely on the maximum drawdown as a buffer without active risk control can still lead to account termination. It’s a limit, not a target to reach.

This feature, combined with the unlimited challenge duration, aims to create an environment where traders can execute their strategies without undue time constraints or overly restrictive loss limits. Opticalexpress.ie Reviews

Unlimited Challenge Duration: Flexibility for Traders

Unlike many prop firms that impose time limits e.g., 30 or 60 days on their challenges, Falconfunded.com offers an unlimited challenge duration. This is a significant advantage for many traders.

• Reduced Time Pressure: Traders can take their time to execute their strategy, wait for high-probability setups, and avoid forcing trades simply to meet a deadline. This can lead to more disciplined and thoughtful trading decisions.
• Adaptability: It allows traders to adapt to varying market conditions. If markets are volatile or illiquid, they don’t have to rush their attempts.
• Focus on Consistency: The emphasis shifts from speed to consistency and proper risk management, which are crucial for long-term trading success.

This feature aligns with a philosophy of allowing traders to develop and demonstrate their skills naturally, rather than under artificial time constraints that might encourage reckless trading.

Supported Trading Platforms and Instruments

For any prop firm, the accessibility of trading platforms and the range of instruments available are critical factors for traders.

Falconfunded.com indicates support for widely used platforms and a diverse set of financial instruments.

TradingView Integration

Falconfunded.com states, “Our systems are TradingView integrated.” TradingView is a popular charting platform known for its advanced charting tools, technical indicators, and social trading features. Grey.co Reviews

While TradingView itself is primarily a charting and analysis platform, many brokers and prop firms integrate with it to allow traders to execute trades directly from its interface or use its data feeds.

• Benefits for Traders:
  • Familiarity: Many traders are already familiar with TradingView, reducing the learning curve.
  • Advanced Charting: Access to powerful charting tools and custom indicators.
  • Community Features: Potential access to TradingView’s social features, though direct trading might occur on a different backend linked to the firm.

It’s important to clarify if the “integration” means direct execution via TradingView or simply that their systems are compatible with TradingView’s data and analysis capabilities.

Most prop firms use MetaTrader 4 MT4 or MetaTrader 5 MT5 as their primary execution platforms, and TradingView might be used for analysis.

Available Trading Instruments: 50+ Currencies, Metals, Indices, Crypto

Falconfunded.com offers a broad range of tradable instruments, catering to diverse trading strategies and preferences. The listed categories include:

• Forex 50+ Currencies: This is the largest and most liquid financial market globally. Offering a wide range of currency pairs allows traders to find opportunities in various economic cycles and geopolitical events.
• Metals: Typically includes gold XAUUSD and silver XAGUSD, which are popular safe-haven assets and commodities often traded for diversification or speculative purposes.
• Indices: Major stock market indices like the S&P 500 US30, DAX GER30, FTSE 100 UK100, etc. These allow traders to speculate on the overall performance of specific equity markets.
• Crypto: Trading cryptocurrencies e.g., Bitcoin, Ethereum against fiat currencies. This is a highly volatile market but offers significant opportunities for those who understand its dynamics.

The variety of instruments provides traders with flexibility, allowing them to apply their strategies across different asset classes and potentially diversify their trading approaches. Taltpartner.se Reviews

However, it’s crucial for traders to focus on instruments they understand and have researched thoroughly, rather than spreading themselves too thin across unfamiliar markets.

Fees, Payouts, and Financial Structure

Understanding the financial implications—from the cost of the challenge to how profits are withdrawn—is paramount when considering a proprietary trading firm.

Challenge Fees: An Upfront Investment

Falconfunded.com requires an upfront fee to participate in its trading challenges. This fee varies based on the size of the simulated capital account a trader wishes to attempt. For instance, the website explicitly mentions a $494.00 fee for a $100,000 Regular challenge account.

• Fee Structure: The fees are typically scaled, meaning larger challenge accounts incur higher fees. This is standard practice among prop firms.
• Purpose of Fees: These fees contribute to the operational costs of the firm, including platform maintenance, support staff, technology, and marketing. As stated on their website, “All program charges are allocated to operational expenses, including but not limited to staff, technology, and other business-related costs.”
• Refundable Nature: Falconfunded.com states that these fees are refundable upon becoming a funded trader. This is a significant incentive, as it mitigates the initial financial outlay if a trader successfully passes the evaluation process.

Traders should carefully review the fee schedule for their desired account size and understand the refund policy thoroughly before committing.

Profit Payouts: Frequency and Methods

While the website advertises a high profit share up to 90%, details regarding the frequency and methods of payouts are crucial for funded traders. Theayurvedaexperience.co.uk Reviews

The website showcases “Payout certificates” with amounts like “$46,738” and “$10,103,” suggesting real payouts are made.

• Typical Payout Schedules: Most prop firms offer bi-weekly or monthly payouts. Traders usually need to request a payout after a certain profit threshold is met.
• Payout Methods: Common methods include bank transfers, cryptocurrencies, or third-party payment processors. Traders should confirm which methods are supported by Falconfunded.com to ensure compatibility with their local banking or preferred withdrawal options.
• Minimum Payout Thresholds: Firms often have a minimum amount a trader must accumulate in profits before a payout can be requested. This prevents frequent small transactions which incur processing costs.

It’s advisable for prospective funded traders to inquire about the exact payout schedule, available methods, and any minimum thresholds to manage their expectations and financial planning.

Understanding “Purchases Should Not Be Considered Deposits”

Falconfunded.com includes a disclaimer stating, “Purchases should not be considered deposits. All program charges are allocated to operational expenses…” This is an important clarification.

• Not a Brokerage Account: This highlights that when a trader pays for a challenge, they are not depositing funds into a personal trading account that they own. Instead, they are paying for an evaluation service.
• Operational Costs: The fees cover the firm’s expenses, and the funds are not directly used for trading or held as client capital.
• Risk Mitigation for the Firm: This model protects the prop firm from being classified as a financial institution holding client funds, which would come with a different set of regulatory requirements. For traders, it means understanding that the initial fee is for the “opportunity” to be evaluated, not an investment into an account.

This distinction is key to setting proper expectations regarding the nature of the relationship between the trader and the proprietary firm.

Risk Management and Trading Rules

Successful trading, especially within a prop firm framework, heavily relies on strict adherence to risk management principles. Lucascycles.co.uk Reviews

Falconfunded.com outlines specific rules designed to protect both the firm’s capital and the trader’s journey toward funding.

Daily Drawdown and Maximum Drawdown

These are two of the most critical risk parameters in prop trading:

• Daily Drawdown: Falconfunded.com sets a 4.0% daily loss limit for all phases Challenge, Verification, and Live Account. This means if the equity of a trader’s account drops by 4% from the starting balance of the day, their trading for that day is typically halted or the account is failed.

  • Example: On a $100,000 account, a daily loss of $4,000 would breach this rule.
  • Purpose: To prevent excessive losses within a short period and protect the firm’s capital. It encourages traders to manage their risk on a per-day basis.

• Maximum Drawdown: The website specifies an 11.0% maximum drawdown for the Challenge and Verification phases, tightening slightly to 10.0% for the Live Account. This is the total allowable loss from the highest point the account has reached or initial balance, depending on the firm’s specific calculation method. If the account equity falls below this threshold at any point, the challenge is failed, or the live account is terminated.

  • Example: On a $100,000 account, if the balance drops to $89,000 11% loss in the challenge, it’s a fail. In a live account, a drop to $90,000 10% loss means termination.
  • Purpose: To cap the total risk exposure for the firm and ensure that traders maintain discipline over the long term.

Understanding how these drawdowns are calculated e.g., based on initial balance, highest equity, or starting balance of the day is crucial, as slight differences can significantly impact a trader’s strategy. Revhigh.com.au Reviews

Falconfunded.com’s daily drawdown resetting every 24 hours provides consistent manageability.

Consistency Rule: Promoting Sustainable Trading

While Falconfunded.com’s Challenge and Verification phases explicitly state “Consistency rule: No,” it is applied to the Live Account stage. A consistency rule generally aims to prevent “one-hit wonder” trading, where a trader might achieve the profit target with a single, high-risk trade. Instead, it promotes a consistent trading approach over time.

• How it Works Typical Implementation:
  • Daily/Weekly Profit Range: Firms might require that a trader’s daily or weekly profit does not exceed a certain percentage of their overall profit, or that trading activity is spread out over a minimum number of trading days.
  • Trade Volume: Some rules might ensure that no single trade accounts for an overwhelmingly large portion of the overall profit.
  • Purpose: To encourage sustainable and repeatable trading strategies rather than sporadic, high-risk gambles. It ensures that the trader’s success is not purely accidental but a result of a well-defined and consistently applied methodology.

Since the rule is “Yes” for the Live Account, traders should delve deeper into Falconfunded.com’s specific definition of consistency to ensure their trading style aligns with it.

This rule is crucial for maintaining a long-term relationship with the prop firm.

Weekend and News Trading Restrictions

Falconfunded.com’s challenge rules state “Hold on weekends & news: No.” This indicates restrictions on holding trades over weekends or during high-impact news events. Patriotsoftware.com Reviews

• Weekend Restrictions:

  • Purpose: To mitigate “gap risk.” Markets close over the weekend, and significant news or events can occur, causing prices to “gap” open significantly on Monday, potentially leading to large, uncontrolled losses that bypass stop-loss orders.
  • Trader Action: Traders would need to close all open positions before the market closes on Friday.

• News Trading Restrictions:

  • Purpose: High-impact economic news releases e.g., Non-Farm Payroll, FOMC statements can cause extreme volatility and rapid price swings, leading to significant slippage and unexpected losses.
  • Trader Action: Traders would be advised or required to avoid opening new trades or holding existing trades during specified high-impact news release times.

These restrictions are common in the prop firm industry as a measure of risk control.

While they limit certain trading opportunities, they are designed to protect both the firm’s capital and the trader from unpredictable market events.

Community and Support

A strong community and accessible support are often indicators of a reputable and trader-centric prop firm. Merseybathrooms.net Reviews

Falconfunded.com highlights its commitment to both.

Discord Community: Connecting Traders and Experts

Falconfunded.com actively encourages prospective and funded traders to “Join discord” to connect with their community.

Discord has become a popular platform for online communities, offering real-time chat, voice channels, and various sub-channels for specific topics.

• Benefits of a Discord Community:
  • Peer Support: Traders can share experiences, strategies, and challenges with fellow traders.
  • Direct Communication: Often, firm representatives or coaches are present in the Discord, providing direct access for questions and updates.
  • Market Insights: Community members might share real-time market observations, news, or analysis.
  • Learning Opportunity: Newer traders can learn from more experienced ones by observing discussions and asking questions.

A vibrant and active Discord community can significantly enhance the trading experience, providing a sense of camaraderie and continuous learning.

Expert Live Support: Real Traders, Real Experiences

The website emphasizes “Expert live support From real traders who’ve been there and get it.” This suggests that the support team consists of individuals with practical trading experience, rather than just customer service representatives. Wastemanaged.co.uk Reviews

• Advantages of Trader-Led Support:
  • Understanding of Issues: Experienced traders can better understand the nuances of trading-related problems e.g., platform issues, rule clarifications, technical difficulties.
  • Practical Advice: They might be able to offer more relevant and practical advice based on their own experiences.
  • Credibility: Support from knowledgeable individuals builds trust and confidence in the firm.

The availability of responsive and knowledgeable support is crucial, especially for traders navigating the challenge rules or dealing with technical glitches during live trading.

Educational Resources and FAQs

Falconfunded.com features an “FAQ” section addressing common questions about buying a challenge, calculating lot size, risk management, and the daily drawdown limit.

While not a comprehensive educational academy, this section provides essential information for new users.

• Key Information Provided in FAQs:
  • How to buy a challenge.
  • Calculating lot size and managing risk with mention of a “position size calculator”.
  • Importance of staying updated on trading news.
  • Explanation of the daily drawdown limit.

The existence of a clear FAQ section demonstrates an effort to proactively answer common queries and educate users on fundamental trading concepts relevant to their platform.

For deeper learning, traders would likely need to rely on external resources or the community. Qoctor.com.au Reviews

Ethical Considerations and Halal Alternatives in Finance

As a Muslim professional blog writer, it’s imperative to address the ethical considerations surrounding financial instruments and practices, particularly those involving speculative trading.

While Falconfunded.com focuses on proprietary trading, the underlying activity often involves Forex, indices, and crypto, which can raise questions regarding Riba interest, Gharar excessive uncertainty/speculation, and Maysir gambling from an Islamic perspective.

The Nuance of Forex Trading in Islam

Forex trading, when conducted in a conventional manner, can involve elements that are problematic in Islamic finance.

• Riba Interest: Overnight fees or “rollover” charges swap rates for holding currency positions past a certain time are considered Riba. Many conventional brokers apply these.
• Gharar Excessive Uncertainty: While all trading involves some uncertainty, excessive speculation without real underlying assets or clear, immediate exchange can be problematic. Trading on leverage can amplify this, as it often involves interest-bearing loans from the broker.
• Maysir Gambling: If trading is approached purely as a game of chance without thorough analysis, knowledge, and risk management, it can devolve into Maysir.

Halal Alternatives and Considerations for Forex Trading:

For Muslims engaging in Forex or similar markets, it is crucial to seek out Islamic accounts or swap-free accounts offered by some brokers. These accounts typically waive overnight interest charges. Additionally, emphasis must be placed on: Msgbikegear.co.uk Reviews

• Spot Trading: Focusing on immediate exchange rather than deferred settlements.
• Real-Time Transactions: Ensuring trades are executed and settled as quickly as possible, ideally hand-to-hand hath bi hath as per Islamic jurisprudence on currency exchange.
• Avoidance of Excessive Leverage: While prop firms provide capital, the underlying mechanics of leverage in the market often involve Riba-based loans. If the firm’s model effectively bypasses this for the trader by not charging or passing on interest, it needs to be thoroughly investigated.
• Deep Research and Analysis: Trading should be based on sound fundamental and technical analysis, not mere speculation or guessing, to avoid Maysir.
• No Interest-Based Loans: The entire funding structure must be free from Riba. If a prop firm’s internal operations rely on interest-based financing to provide capital, this would make the entire model problematic. Transparency on this aspect is rare but crucial.

Given that prop firms operate on a challenge fee model and profit-sharing, where the trader is not taking an interest-based loan to trade their own capital, but rather demonstrating skill to manage the firm’s capital, the primary concern shifts to the nature of the firm’s operations and the underlying financial instruments. If the firm deals in interest-based swaps, even if not directly charged to the trader, it could still be an issue.

The Broader Islamic Finance Landscape: Ethical Alternatives

Instead of relying on speculative trading models that can be ambiguous from an Islamic perspective, the Muslim community is encouraged to explore and engage with established halal financial alternatives that align with Sharia principles:

• Halal Investing in Real Assets:

  • Sharia-Compliant Stocks: Investing in companies that adhere to Islamic ethical guidelines e.g., no involvement in alcohol, gambling, interest-based finance, non-halal food, podcast/entertainment deemed inappropriate. This involves screening processes that filter out problematic industries and financial ratios e.g., low debt, high liquid assets.
  • Sukuk Islamic Bonds: These are Sharia-compliant financial certificates that represent ownership in tangible assets or projects, offering returns based on profit-sharing or lease payments, rather than interest.
  • Islamic Real Estate Funds: Investing in real estate directly or through funds that manage properties in a Sharia-compliant manner, generating rental income.

• Ethical Business and Entrepreneurship:

  • Halal Startups and Businesses: Investing in or starting businesses that provide permissible goods and services, engage in ethical practices, and operate with transparency and fairness.
  • Murabaha, Musharakah, Mudarabah: These are Islamic financing contracts for trade, partnership, and profit-sharing, respectively, that avoid Riba.
  • Zakat and Sadaqah: Engaging in charitable giving and wealth purification as prescribed in Islam.

• Takaful Islamic Insurance:

  • This is a cooperative system of insurance where members contribute to a common fund, providing mutual financial aid in times of need, based on principles of solidarity and risk-sharing, avoiding elements of Gharar and Maysir found in conventional insurance.

For any financial engagement, it is always recommended to consult with a qualified Islamic scholar or reputable Islamic financial advisor to ensure full Sharia compliance and avoid doubtful Mushtabih areas.

While the allure of “rapid funds” through prop trading is strong, the steadfast adherence to Islamic principles in all financial dealings should remain the paramount consideration.

Conclusion

Falconfunded.com presents itself as a modern proprietary trading firm offering an attractive proposition: access to significant trading capital, competitive profit splits up to 90%, and flexible challenge conditions including a low profit target 7.5%, high maximum drawdown 11%, and no time limits.

The platform appears to cater to a broad range of traders by supporting various instruments like Forex, metals, indices, and crypto, and integrating with popular charting tools like TradingView.

The emphasis on community support via Discord and “expert live support” from experienced traders adds to its appeal.

However, for any engagement with proprietary trading, especially from an Islamic perspective, it’s crucial to exercise due diligence.

While the direct transaction for the trader might not involve Riba-based loans for their own capital, the underlying market activities and the firm’s internal financial operations still require careful scrutiny for Sharia compliance.

The concept of profit-sharing Mudarabah-like can be permissible, but the method of profit generation speculative trading with leverage on conventional instruments often tied to interest rates needs to be considered.

Traders should meticulously review the terms and conditions, particularly the consistency rule for live accounts and any restrictions on holding trades over weekends or during news events.

More importantly, those seeking truly halal financial avenues should prioritize ethical investing in real assets, Sharia-compliant business ventures, and Takaful, consulting with Islamic scholars to ensure their financial pursuits align with their faith.

While the world of prop trading offers tempting opportunities, the path to sustained success, both financially and spiritually, lies in informed decisions and adherence to sound, permissible principles.

Frequently Asked Questions

What is Falconfunded.com?

Falconfunded.com is a proprietary trading firm that offers traders the opportunity to trade with the firm’s capital after successfully passing a two-phase evaluation process Challenge and Verification.

How does the Falconfunded.com challenge work?

The challenge involves two phases: Phase 1 The Challenge requires a 7.5% profit target, and Phase 2 The Verification requires a 6.0% profit target, both while adhering to specific drawdown limits and minimum trading days.

What are the profit targets for Falconfunded.com challenges?

The profit target for Phase 1 The Challenge is 7.5%, and for Phase 2 The Verification it is 6.0%.

What is the maximum daily loss limit at Falconfunded.com?

The daily loss limit is 4.0% of the initial account balance for all phases Challenge, Verification, and Live Account.

What is the maximum overall drawdown limit at Falconfunded.com?

The maximum overall drawdown limit is 11.0% for the Challenge and Verification phases, and 10.0% for the Live Account.

Are there any time limits for completing the Falconfunded.com challenge?

No, Falconfunded.com states that there is an unlimited duration for both the Challenge and Verification phases, allowing traders to take their time.

How much profit share can I receive as a Falcon Funded Trader?

You can receive an industry-high profit share of up to 90%, starting with an 85/15 split on your live account.

What financial instruments can I trade with Falconfunded.com?

You can trade Forex 50+ currencies, Metals, Indices, and Cryptocurrencies.

What trading platform does Falconfunded.com use?

Falconfunded.com states their systems are TradingView integrated, but typically proprietary firms utilize MetaTrader 4 MT4 or MetaTrader 5 MT5 for execution.

Further clarification on the direct execution platform would be needed.

Is the challenge fee for Falconfunded.com refundable?

Yes, the challenge fee is refundable if you successfully pass both the Challenge and Verification phases and become a funded trader.

How are payouts handled at Falconfunded.com?

Falconfunded.com displays payout certificates on its website, indicating that successful traders receive their share of profits.

Specific payout frequency and methods should be confirmed directly with them.

What is the consistency rule at Falconfunded.com?

The consistency rule is not applied during the Challenge and Verification phases but is applicable to the Live Account, aiming to encourage sustainable trading practices over sporadic, high-risk trades.

Can I hold trades over the weekend or during news events with Falconfunded.com?

No, the rules state “Hold on weekends & news: No,” indicating restrictions on holding positions during these times to mitigate gap risk and high volatility.

Does Falconfunded.com offer customer support?

Yes, Falconfunded.com claims to offer “Expert live support From real traders who’ve been there and get it.”

Is there a community for Falconfunded.com traders?

Yes, Falconfunded.com encourages traders to join their Discord community to connect with other traders and experts.

What is the leverage offered in Falconfunded.com challenges and live accounts?

Challenge leverage is 1:100 for Phase 1 and Phase 2, while live account leverage is 1:30.

What happens if I violate the daily loss limit?

If you breach the 4.0% daily loss limit, your trading for that day is typically halted, and it may lead to the failure of your challenge or termination of your live account.

What happens if I breach the maximum drawdown limit?

If your account equity drops below the maximum drawdown limit 11% for challenges, 10% for live accounts, your challenge will be failed, or your live account will be terminated.

Are there minimum trading days required for the challenges?

Yes, a minimum of 4 trading days is required for both Phase 1 and Phase 2 of the challenge.

What does “Purchases should not be considered deposits” mean on Falconfunded.com?

It means that the fee you pay for the challenge is for an evaluation service and not a deposit into a personal trading account.

These funds are allocated to the firm’s operational expenses.

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