Fundedfuturesfamily.com Review

Based on looking at the website, Fundedfuturesfamily.com appears to be a proprietary trading firm offering individuals the chance to trade simulated capital with the potential to earn a percentage of profits.

While the concept of prop trading can seem appealing, particularly for those looking to access larger trading capital, it’s essential to understand the underlying mechanics and ethical implications, especially from an Islamic perspective.

The website highlights “simulated accounts,” “profit targets,” “max loss limits,” and “payouts,” all of which point to a challenge-based model where traders pay a subscription fee to prove their skills on a demo account.

If successful, they may then be allocated “funded accounts,” which are often still simulated, with a profit split arrangement.

The core issue from an Islamic finance standpoint revolves around the concept of Riba interest and Gharar excessive uncertainty or speculation, both of which are strictly prohibited.

The fee structure, reset fees, and the nature of deriving profit from a simulated environment rather than direct, real-world, risk-sharing business ventures raise significant concerns.

Here’s an overall review summary:

• Website Transparency: Appears to be transparent regarding its rules and pricing plans on the homepage.
• Business Model: Proprietary trading firm offering challenges on simulated accounts to identify profitable traders.
• Financial Structure: Involves monthly subscriptions, reset fees, and profit splits 90% to trader, 10% to firm after initial threshold.
• Ethical Concerns Islamic Perspective: The core business model, involving fees for access to simulated capital and profit sharing from what is essentially a service rather than a true partnership in a real asset or trade, raises concerns about Gharar excessive uncertainty and potentially Riba interest-like aspects in how capital is leveraged and fees are structured. The nature of futures trading itself often involves high speculation, which can be problematic.
• Profit Sharing: The 90/10 profit split sounds appealing but is contingent on passing challenging criteria on simulated accounts.
• Customer Testimonials: The website features numerous positive testimonials, though these are self-reported.
• Support: Offers a Discord community and a help center.

While the allure of “making real money trading simulated capital” is strong, the very nature of prop trading, particularly with its reliance on fees for access and the high-risk, speculative nature of futures trading, deviates from Islamic principles of ethical wealth generation.

Islamic finance emphasizes real asset-backed transactions, clear risk-sharing, and avoiding excessive speculation and interest.

Therefore, relying on such platforms for income is generally discouraged.

Here are some ethical alternatives for wealth generation that align with Islamic principles:

• Halal Investment Platforms: These platforms focus on Sharia-compliant investments, avoiding industries like alcohol, gambling, and interest-based finance. They typically invest in ethical stocks, sukuk Islamic bonds, or real estate.
• Ethical Entrepreneurship Resources: Focus on building a business that provides real value, involves tangible goods or services, and shares risk genuinely among partners. This aligns with the Prophetic tradition of honest trade.
• Real Estate Investment Books: Investing in tangible assets like real estate, through direct ownership or Sharia-compliant REITs, can provide stable, asset-backed income.
• Sustainable Agriculture Books: Investing in or engaging directly with agriculture aligns with real economic activity and provides essential goods. This can be a form of productive, ethical investment.
• Skill Development Courses: Investing in skills that can lead to ethical employment or entrepreneurship, such as coding, graphic design, or writing, allows for earning through legitimate effort and expertise.
• Zakat and Sadaqah Management Platforms: While not direct income generation, contributing to and learning about proper Zakat and Sadaqah charity management helps understand the flow of wealth in an Islamic context, promoting social good and ethical distribution.
• Micro-finance and Community Development Books: Exploring models that support small businesses and community projects without interest can provide insights into ethical financial structures.

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.

Fundedfuturesfamily.com Review & First Look

Fundedfuturesfamily.com presents itself as a gateway for aspiring traders to access significant capital, albeit simulated initially, to demonstrate their trading prowess.

The core proposition revolves around various “challenge” accounts where users pay a subscription fee to trade on a demo platform.

If they meet specific profit targets without breaching maximum loss limits, they can qualify for a “funded account.” This “funded account” is often still a simulated environment, with the firm sharing a percentage of the profits generated in this simulated setting.

The website’s homepage immediately highlights key selling points: “Make Real Money Trading Simulated Capital,” “Get Paid Fast,” and “You keep 90%.” These phrases are designed to attract individuals eager to enter the trading world without personal capital risk.

The emphasis on “simulated capital” is crucial here, as it distinguishes this model from traditional investment, where actual funds are at stake.

While this might seem less risky for the individual trader, the firm’s revenue primarily comes from the subscription fees and reset fees paid by challenge participants, not necessarily from the actual market performance of real capital.

This creates a potential conflict of interest where the firm might benefit more from traders failing challenges and paying reset fees than from them consistently succeeding.

The presentation is slick, with clear pricing tiers and what appear to be success stories. However, the inherent nature of proprietary trading firms, especially those focusing on simulated environments and charging upfront fees, warrants a into the business model. The primary concern from an ethical standpoint, particularly in Islamic finance, revolves around the concepts of Gharar excessive uncertainty or speculation and Riba interest. Paying a recurring fee for the chance to prove oneself on a simulated account, with the ultimate “profit” derived from hypothetical gains, introduces a layer of uncertainty and a potential disconnect from real economic activity. This model can be akin to a service fee for access to a sophisticated trading game, where the payout is tied to a speculative outcome within that game, rather than a direct, risk-sharing partnership in a tangible venture.

Overall Review Summary:

• Accessibility: Offers various account sizes $50,000 to $150,000 in simulated buying power with different rulesets Classic, Elite, Premiere Plans.
• Cost Structure: Monthly subscription fees ranging from $64 to $349, along with reset fees $40 to $189 if a trader fails a challenge.
• Profit Split: Promotes a 90% profit share for the trader after an initial $10,000 threshold, where the first $10,000 is 100% for the trader.
• Payout Frequency: Payouts are advertised as every 7 days, approved and paid every Tuesday.
• Community Support: Mentions a “supportive community” and Discord integration.
• Transparency: Rules and pricing are clearly displayed on the homepage.
• Ethical Standpoint Islamic Finance: The business model raises significant concerns due to the presence of Gharar excessive uncertainty and the nature of generating revenue from fees on simulated trading activities rather than from real, productive economic engagement. The high-risk, speculative nature of futures trading itself is a broad concern.

Understanding the Prop Firm Model and its Nuances

Proprietary trading firms like Fundedfuturesfamily.com operate by identifying skilled traders who can generate profits. Paklimited.com Review

Instead of these traders risking their own capital, the firm provides simulated capital for them to trade. The model essentially works as a talent search:

• Evaluation Phase: Traders pay an upfront fee subscription to access a simulated trading account. They must meet specific profit targets and adhere to strict loss limits within a set timeframe.
• Funding Phase: If successful in the evaluation, traders are “funded” with a larger simulated account. They then share a percentage of the profits generated in this simulated environment with the firm.
• Firm’s Revenue: The firm primarily generates revenue from the subscription fees, failed challenges, and reset fees paid by traders. The profit-sharing component, while attractive to traders, often represents a smaller portion of the firm’s overall income compared to the consistent influx of challenge fees.

This model, while seemingly beneficial for aspiring traders, introduces several ethical complexities from an Islamic perspective, particularly the concept of deriving significant income from fees associated with speculative activities and the lack of genuine risk-sharing.

Fundedfuturesfamily.com Features

Fundedfuturesfamily.com offers several features designed to attract and retain traders.

These features revolve around their challenge system, payout structure, and community engagement.

• Sim Accounts up to $1 Million: The website states “Sim accounts up to $1 Million,” implying traders can eventually manage substantial simulated capital if they prove their consistency and discipline. This is a significant draw for individuals who do not have access to large trading capital. The promise of scaling up to larger simulated accounts can motivate traders to persevere through the evaluation phases.

• Multiple Account Options: Funded Futures Family provides various plans—Classic, Elite, and Premiere—each with different buying power levels $50,000, $100,000, $150,000. These plans also feature distinct drawdown policies End of Day vs. Intraday Trailing Drawdown and minimum trading days to pass 1 or 2 days.

  • Classic Plan: Higher monthly fee, End of Day drawdown, 2 minimum days to pass.
  • Elite Plan: Lower monthly fee, Intraday Trailing Drawdown, 1 minimum day to pass.
  • Premiere Plan: Mid-range monthly fee, End of Day drawdown, 1 minimum day to pass.

  This variety allows traders to choose a plan that supposedly fits their risk tolerance and trading style.

• Fast Payouts: The firm advertises “Fast payouts” every 7 days, specifically stating that requests are approved and paid every Tuesday. This quick payout cycle is a strong incentive, as delayed access to funds can be a major deterrent for traders. The website specifies a “seven winning trading days” rule with at least $200 in profit per day, alongside a “40% consistency rule” before payout eligibility.

• High Profit Share: Traders are promised to “keep 90%” of their profits. The website further clarifies that the first $10,000 in total payouts is 100% theirs, with the 90/10 split applying to amounts earned beyond this threshold. This high profit retention rate is designed to be highly appealing, suggesting significant earning potential. Taxhive.com Review

• Community and Support: The platform emphasizes joining a “supportive community” and provides a link to their Discord server “Chat With Traders Just Like You”. A strong community can offer valuable peer support, mentorship, and shared learning experiences, which can be crucial for new or struggling traders. They also mention 24/5 dedicated support and one-on-one calls with Risk Managers for live account holders.

• No Hidden Rules, Full Transparency: The website claims “No hidden rules, Full transparency,” aiming to build trust with potential traders. This suggests a straightforward approach to their terms and conditions, which is essential in an industry often plagued by opaque rules.

• Flexibility in Trading Strategy: The platform states, “You can trade with any strategy you choose,” allowing traders freedom in their approach as long as they adhere to the stated risk parameters. This flexibility is attractive to experienced traders who have developed their own unique methods.

While these features are designed to create an attractive proposition for traders, it’s important to remember that the core of the business still operates within a simulated environment, with fees collected upfront, which can be ethically problematic from an Islamic finance standpoint.

The emphasis on “profit targets” and “max loss limits” on simulated capital, paid for by a subscription, fundamentally differs from a Mudarabah profit-sharing or Musharakah joint venture contract in Islamic finance, where capital and effort are genuinely combined to generate real profits from real economic activity.

Fundedfuturesfamily.com Cons

While Fundedfuturesfamily.com presents an enticing offer for aspiring traders, several aspects, particularly when viewed through an Islamic ethical lens, raise significant concerns.

It’s crucial to understand these potential drawbacks before engaging with such platforms.

• Inherent Gharar Excessive Uncertainty in Business Model: The most prominent issue from an Islamic perspective is the element of Gharar. Traders pay a recurring subscription fee and potential reset fees to participate in a “challenge” on a simulated account. The “profit” they make is initially derived from this simulation. While there’s a promise of transitioning to a “live account” with the firm’s capital, the primary revenue stream for the firm often comes from these upfront fees, especially from those who fail the challenges. This creates a scenario where the firm’s profitability is linked more to the number of failed challenges and recurring fees than to successful, real-world trading outcomes. This inherent uncertainty regarding the ultimate source of income and the firm’s true exposure to risk is problematic.
  • Data Point: A significant percentage of participants in proprietary trading challenges do not pass the evaluation phase. While specific data for Fundedfuturesfamily.com isn’t readily available, industry averages suggest pass rates can be as low as 5-10% for initial challenges, meaning a vast majority of participants are paying fees without reaching the “funded” stage. This heavily favors the firm’s revenue model.
• Speculative Nature of Futures Trading: Futures trading, by its very definition, involves high leverage and speculation on future price movements of underlying assets. While some forms of hedging are permissible, pure speculation for profit, disconnected from real economic utility or ownership of tangible assets, is often discouraged in Islamic finance due to its resemblance to gambling maysir and its potential for creating artificial market volatility.
  • Statistic: The Commodities Futures Trading Commission CFTC reports that a large majority of individual futures traders lose money, underscoring the inherently high-risk and speculative nature of this market.
• Lack of True Partnership and Risk Sharing: In an Islamic partnership e.g., Mudarabah or Musharakah, both parties genuinely share in the risks and rewards of a real business venture. The capital provider shares the capital risk, and the working partner shares the effort risk. In the prop firm model, the trader pays a fee to access capital, and the firm primarily risks its reputation and the cost of maintaining the simulated environment, not necessarily its actual trading capital in the initial phases. The “payout” is a share of hypothetical profits, not necessarily direct proceeds from real, shared market gains. This structure lacks the genuine risk-sharing essential for a permissible Islamic contract.
• Monthly Subscription and Reset Fees: These recurring costs represent a continuous drain on the trader’s funds, regardless of their trading performance in the simulation. If a trader fails a challenge, they must pay a “reset fee” to try again. This can lead to a cycle where traders continuously pay fees in pursuit of the elusive “funded account,” making it difficult to achieve net profitability. These fees are not tied to a real, productive service or asset, adding to the Gharar concerns.
• Psychological Pressure: The intense pressure to meet profit targets and adhere to strict loss limits within a simulated environment, especially when there are recurring fees at stake, can lead to psychological stress, emotional trading, and potentially impulsive decisions. This environment can foster habits that are detrimental to long-term financial well-being and sound decision-making.
• Unclear Transition to Live Trading: While the website mentions “Become a Live Trader” and transitioning to “live markets with our capital,” the specifics of this transition are often vague and contingent on exceptional performance within the simulated environment. Many traders might never reach this stage, remaining in the perpetual cycle of simulated challenges and fees. The “live account” benefits, such as “One-on-one calls with Risk Managers” and “Customizable account parameters,” are only unlocked at this potentially distant stage.

Given these significant ethical concerns and the inherent financial risks, such platforms are generally not recommended from an Islamic perspective for genuine wealth accumulation.

Alternatives focusing on real asset-backed investments, ethical entrepreneurship, and transparent risk-sharing are far more aligned with Islamic principles. Moneyexpert.com Review

Fundedfuturesfamily.com Alternatives

Given the ethical concerns associated with proprietary trading firms like Fundedfuturesfamily.com from an Islamic perspective, particularly regarding Riba and Gharar, it’s essential to explore alternatives that align with Sharia principles for wealth generation and financial growth.

The core idea is to seek opportunities that involve genuine risk-sharing, real economic activity, and tangible assets, while avoiding speculative ventures, interest-based transactions, and excessive uncertainty.

Here are some ethical and permissible alternatives for individuals seeking to build wealth and engage in financial activities:

• Halal Stock Market Investing:

  • Concept: Investing in publicly traded companies that operate in permissible industries e.g., technology, healthcare, manufacturing, real estate and meet specific financial screening criteria e.g., low debt-to-equity ratio, minimal interest-based income. This involves real ownership of productive assets.
  • Pros: Potential for long-term capital appreciation, diversification, aligns with real economic activity.
  • Cons: Requires research, market volatility, no guaranteed returns.
  • Example: Utilizing platforms that offer Sharia-compliant ETFs or mutual funds, or individually selecting stocks after proper screening.
  • Resource: Sharia-Compliant ETFs or Halal Investment Guides

• Ethical Entrepreneurship and Business Ventures:

  

  • Concept: Starting or investing in businesses that offer real products or services, fostering innovation, creating jobs, and meeting societal needs. This is the cornerstone of Islamic economics, emphasizing honest trade and productive enterprise.
  • Pros: Direct control, potential for significant returns, aligns with Sunnah, contributes to society.
  • Cons: High risk, requires significant effort and capital, no guaranteed success.
  • Example: Launching an e-commerce store, a consulting service, a manufacturing business, or investing in a small business through a permissible profit-sharing agreement.
  • Resource: Small Business Startup Guides or Ethical Business Practices Books

• Real Estate Investment Direct or Sharia-Compliant REITs:

  • Concept: Investing in tangible properties residential, commercial, industrial for rental income or capital appreciation. This is asset-backed and involves a real economic activity. Sharia-compliant REITs Real Estate Investment Trusts allow for fractional ownership in a portfolio of income-generating properties without traditional interest-based financing.
  • Pros: Tangible asset, potential for stable income and appreciation, hedge against inflation.
  • Cons: High capital requirement for direct ownership, illiquidity, market fluctuations.
  • Example: Purchasing a rental property, or investing in a Sharia-compliant real estate fund.
  • Resource: Real Estate Investing for Beginners or REITs Explained

• Commodity Trading Spot Contracts, Excluding Speculation:

  • Concept: Engaging in the physical trade of commodities e.g., agricultural products, metals where there is a clear transfer of ownership and risk, and the intention is for productive use or legitimate trade, not pure speculation. Futures contracts can be problematic due to Gharar if there is no intention of physical delivery or legitimate hedging.
  • Pros: Diverse market, potential for profit from price movements in real goods.
  • Cons: Volatility, requires understanding of supply chains, logistical challenges for physical delivery.
  • Example: Engaging in Murabaha cost-plus sale or Salam forward sale with upfront payment contracts for specific commodities, adhering to strict Sharia guidelines.
  • Resource: Commodity Markets Books ensure to cross-reference with Islamic finance principles.

• Crowdfunding Equity or Product-Based, Sharia-Compliant: Tidychoice.com Review

  • Concept: Investing in or raising capital for startups and small businesses through Sharia-compliant crowdfunding platforms. This typically involves equity ownership stake or product-based funding pre-purchasing goods/services, rather than interest-based loans.
  • Pros: Supports new businesses, potential for high returns if successful, direct impact.
  • Cons: High risk for startups, illiquidity, requires due diligence.
  • Example: Platforms facilitating investments in ethical businesses, tech startups, or social enterprises that align with Islamic values.
  • Resource: Crowdfunding for Dummies seek out Sharia-compliant platforms specifically.

• Skill-Based Services and Consulting:

  • Concept: Leveraging personal skills and expertise e.g., writing, graphic design, web development, digital marketing, business consulting to provide services to clients. Income is directly earned through effort and value provided.
  • Pros: Low startup cost, flexible, direct correlation between effort and income, always permissible.
  • Cons: Requires self-discipline, client acquisition, fluctuating income initially.
  • Example: Starting a freelance career, offering online courses, or building a consulting practice.
  • Resource: Freelancing Guides or Digital Marketing Strategy Books

• Mudarabah/Musharakah Partnerships:

  • Concept: Engaging in formal Islamic partnerships where capital is provided by one party Rabb-ul-Mal and effort by another Mudarib, or both parties contribute capital and effort Musharakah, with profits shared based on a pre-agreed ratio and losses shared according to capital contribution in Musharakah or borne by the capital provider in Mudarabah, unless due to Mudarib’s negligence. This is the purest form of Islamic ethical financing.
  • Pros: Purely Sharia-compliant, promotes genuine risk-sharing, fosters collaboration.
  • Cons: Requires high trust, clear contracts, finding reliable partners, can be complex to structure.
  • Example: Entering a partnership with a trusted individual to launch a legitimate business venture.
  • Resource: Islamic Finance Explained

These alternatives offer pathways to wealth generation that are grounded in ethical principles, real economic activity, and genuine risk-sharing, providing a more robust and permissible foundation for financial success than speculative, fee-based simulated trading platforms.

How to Cancel Fundedfuturesfamily.com Subscription

Canceling a subscription for platforms like Fundedfuturesfamily.com is typically a straightforward process, though it’s crucial to follow the specific instructions provided by the firm to ensure proper termination and avoid unwanted future charges.

Based on common practices for online subscription services and prop firms, here’s a general guide.

• Log In to Your Account Dashboard: The first step is almost always to log into your personal user dashboard on the Fundedfuturesfamily.com website. This is where your account details, subscription status, and billing information are managed.
  • Actionable Step: Navigate to the “Log in” section, usually found at the top right corner of the homepage as per the provided link: https://app.fundedfuturesfamily.com/login.
• Locate Subscription or Billing Settings: Once logged in, look for sections labeled “Subscription,” “Billing,” “Account Settings,” “My Plans,” or similar. These sections typically contain options to manage your current plans and payment methods.
  • Tip: If you can’t find it immediately, check the sidebar menu or profile icon dropdown.
• Find the “Cancel Subscription” Option: Within the billing or subscription settings, there should be a clear option to cancel your active subscription. This might be a button or a link.
  • Important Note: Be prepared for potential prompts asking for reasons for cancellation or offering incentives to stay.
• Confirm Cancellation: Most platforms require a confirmation step to ensure you genuinely intend to cancel. Read any pop-up messages or final screens carefully.
  • Verification: After confirming, you should receive an email confirmation of your cancellation. Keep this email for your records as proof. If you don’t receive one within a few minutes, check your spam folder or contact customer support immediately.
• Review Terms and Conditions: Before canceling, it’s always a good practice to quickly review the cancellation policy outlined in their Terms and Conditions or FAQs. This will clarify if there are any prorated refunds though typically prop firm subscriptions are non-refundable for the current billing cycle, notice periods, or specific conditions.
  • Helpful Resource: The website mentions a “Help Center” https://intercom.help/funded-futures-family/en/. This would be the first place to check for explicit cancellation instructions.

Key things to remember:

• Timing: Cancel before your next billing cycle to avoid being charged for another month.
• Active Challenges: Understand that canceling your subscription will likely terminate any active challenges or simulated funded accounts you have with the firm. If you were in the middle of a challenge, your progress might be lost.
• Customer Support: If you encounter any issues or cannot find the cancellation option, contact their customer support immediately. The website mentions “lighting fast and resolutory” customer service, so reaching out should be effective. Provide your account details and clearly state your intention to cancel.

While the cancellation process itself might be straightforward, the underlying ethical concerns regarding the business model fees for simulated trading mean that disengaging from such platforms is often a prudent step from an Islamic financial perspective.

How to Cancel Fundedfuturesfamily.com Free Trial

Based on the homepage text provided for Fundedfuturesfamily.com, there is no mention of a free trial offering. The website directly lists various paid plans Classic, Elite, Premiere with monthly subscription fees, along with “Start now” buttons that lead to registration pages, implying immediate payment for access. Expensify.com Review

If, however, Fundedfuturesfamily.com were to introduce a free trial in the future, the cancellation process would typically follow very similar steps to a paid subscription cancellation, with an added layer of urgency before the trial period ends to avoid automatic charges.

Here’s how you would generally cancel a free trial for an online service like a prop firm:

• Immediate Action Upon Registration If Trial Exists:
  • When signing up for a free trial, immediately note down the trial end date. Set a reminder for at least 24-48 hours before it expires.
  • Look for any indication during the sign-up process that states you are agreeing to an automatic conversion to a paid subscription after the trial. Most free trials require credit card details upfront for this reason.
• Log In to Your Account Dashboard:
  • Just like with a regular subscription, log into your Fundedfuturesfamily.com user dashboard.
• Locate Billing or Subscription Settings:
  • Navigate to the section related to your account, subscription, or billing details. This is where your current plan status e.g., “Free Trial Active” would be displayed.
• Find the “Cancel Trial” or “Manage Subscription” Option:
  • Within these settings, there should be a clear option to cancel your trial or manage your upcoming subscription. Some platforms might automatically show a “Cancel” button if you are still within the trial period.
  • Crucial Step: Ensure you cancel before the stated trial end date. Many services charge automatically on the day the trial concludes.
• Confirm Cancellation:
  • Complete any confirmation steps required by the platform. You might be asked for feedback or offered a discounted rate to convert.
  • Verification: Always look for and save a confirmation email stating that your free trial has been successfully canceled and that you will not be charged. If no email is received, contact customer support.
• Remove Payment Information Optional, but Recommended:
  • If possible within your account settings, remove your payment method credit card/debit card after cancellation. This provides an extra layer of assurance that no accidental charges will occur.

Important Considerations for Free Trials General:

• Hidden Fees: Always read the terms and conditions for any “free trial.” Some might have activation fees or specific requirements to remain “free.”
• Service Access After Cancellation: Often, canceling a free trial means immediate loss of access to the service, even if the trial period hasn’t technically ended. Be aware of this if you were actively using the simulated trading platform.
• Purpose of Trial: For prop firms, a “free trial” might offer limited features or a smaller simulated account size compared to paid challenges, serving more as a demo of the platform rather than a full evaluation.

Since Fundedfuturesfamily.com does not explicitly offer a free trial on their homepage, the focus remains on understanding their paid plans and the ethical implications of their model.

If they introduce a trial in the future, apply these general guidelines to ensure a smooth cancellation process.

Fundedfuturesfamily.com Pricing

Fundedfuturesfamily.com offers three distinct pricing plans, each catering to different levels of simulated buying power and featuring varying rulesets regarding drawdown types, profit targets, and reset fees.

All plans are structured as monthly subscriptions, a common model among proprietary trading firms.

Here’s a breakdown of their pricing tiers as displayed on their homepage:

Classic Plan Entry-Level

• Buying Power: $50,000 simulated
• Monthly Subscription: $179 / per month
• Profit Target: $3,000
• Max Position: 5 50 Micros
• Max Loss Limit: $2,000
• Minimum Days to Pass: 2 days
• Activation Fee: $0 No Activation Fee
• Drawdown Type: End Of Day Drawdown
• Payouts: Every 7 Days after meeting conditions
• Reset Fee: $85 Up to 3x resets per rebill
• Active Funded Accounts: Up to 4 active funded accounts allowed per user

Elite Plan Popular Option

• Buying Power: $100,000 simulated
• Monthly Subscription: $259 / per month
• Profit Target: $6,000
• Max Position: 10 100 Micros
• Max Loss Limit: $3,000
• Reset Fee: $130 Up to 3x resets per rebill

Premiere Plan Higher Tier

• Buying Power: $150,000 simulated
• Monthly Subscription: $349 / per month
• Profit Target: $9,000
• Max Position: 15 150 Micros
• Max Loss Limit: $4,500
• Reset Fee: $175 Up to 3x resets per rebill

Additional Notes on Pricing and Structure: Texaswriting.com Review

• Monthly Recurring Cost: The most critical aspect is the monthly subscription fee, which is a recurring expense regardless of whether a trader passes the challenge or not. This creates a continuous revenue stream for the firm.
• Reset Fees: The option to reset an account up to three times per subscription rebill is a significant revenue generator for the firm. If a trader fails the challenge, they pay an additional fee ranging from $85 to $175 to restart. This incentivizes persistence but also increases the total cost for the trader.
• No Activation Fee on these specific plans: The website explicitly states “No Activation Fee” for these plans. This is a competitive advantage compared to some other prop firms that charge an additional upfront activation fee upon successful completion of a challenge.
• Payout Structure: While not a direct “pricing” component, it’s integral to the value proposition. The promise of keeping 90% of profits, with the first $10,000 being 100% to the trader, is designed to be highly attractive. However, this is contingent on successfully navigating the simulated challenges and meeting specific payout conditions $200+ profit for 7 winning days, 40% consistency rule.

From an Islamic perspective, the monthly subscription fees and especially the reset fees are problematic. These charges are levied for access to a simulated trading environment, with the ultimate “profit” being a share of hypothetical gains. This model deviates from the principles of real economic activity and genuine risk-sharing. The firm’s revenue is primarily derived from these fees, regardless of the trader’s actual success in generating real-world profits. This fee structure, particularly the reset fees, can be seen as an exploitative element that preys on the aspirations of traders, pushing them into a cycle of paying for repeated attempts in a high-risk, uncertain environment.

Fundedfuturesfamily.com vs. Other Prop Firms

When comparing Fundedfuturesfamily.com with other proprietary trading firms prop firms, it’s important to look beyond just the promised profit split and examine the underlying rules, fee structures, and the broader ethical implications.

Key Differentiating Factors for Fundedfuturesfamily.com:

1. No Activation Fees on featured plans: Many prop firms charge an activation fee after a trader successfully passes a challenge and before they can access their funded account. Fundedfuturesfamily.com explicitly states “No Activation Fee” for their Classic, Elite, and Premiere plans. This can be a significant cost saving for a successful trader compared to firms that do charge this.

2. Drawdown Types: Fundedfuturesfamily.com offers plans with both “End of Day Drawdown” and “Intraday Trailing Drawdown.”

   • End of Day Drawdown: This is often preferred by traders as it only calculates the drawdown at the end of the trading day, giving more flexibility during intraday fluctuations.
   • Intraday Trailing Drawdown: This is generally stricter, as the drawdown limit adjusts with every new peak in the account balance during the day, potentially leading to faster account termination.

   Many firms offer only one type, or only the stricter trailing drawdown. Offering both provides choice.

3. Reset Policy: Fundedfuturesfamily.com allows “Up to 3x resets / Reset counter goes back to 0 every subscription rebill.” This is a relatively generous reset policy compared to some firms that might offer fewer resets or charge higher reset fees without a recurring reset count. The fact that the reset counter refreshes with each rebill means a trader has continuous opportunities, albeit at an ongoing cost.

4. Payout Frequency: “Payouts Every 7 Days” is competitive. Some firms might have longer waiting periods e.g., 14 or 30 days or require a higher minimum profit threshold for the first payout.

5. Profit Split: The “You keep 90%” profit split after the initial $10,000 100% payout is at the higher end of the industry standard, which typically ranges from 70% to 85% for the trader. This is a strong selling point for Fundedfuturesfamily.com. Weezevent.com Review

6. Minimum Days to Pass: The ability to pass a challenge in “1 or 2 days” is very aggressive. Many prop firms require a minimum of 5, 10, or even 15 trading days to demonstrate consistency. This faster evaluation period can be attractive to experienced traders.

7. Community Focus: The emphasis on joining a “supportive community” via Discord is a common feature in the prop firm space, but Fundedfuturesfamily.com highlights it prominently, suggesting a focus on trader support and interaction.

Commonalities with Other Prop Firms and shared ethical concerns:

• Subscription Model: Like most prop firms, Fundedfuturesfamily.com operates on a recurring monthly subscription fee model for access to their simulated platforms. This is the primary ethical concern from an Islamic perspective, as fees are paid for access to speculative activity rather than real, productive enterprise.
• Challenge-Based System: The core concept of passing a simulated evaluation to gain access to “funded” capital often still simulated is standard across the industry.
• Focus on Futures Trading: Many prop firms specialize in futures due to their high liquidity and leverage, but this also means exposure to high speculation.
• No Capital Risk to Trader: The promise that traders don’t risk their own capital is a universal appeal of prop firms, but it’s essential to remember the capital being traded is simulated, while the fees paid by the trader are very real.
• Profit Targets and Loss Limits: All prop firms impose strict rules regarding profit targets and maximum drawdowns, designed to identify profitable traders while protecting the firm’s simulated capital.

Ethical Conclusion on Comparison:

While Fundedfuturesfamily.com offers some competitive advantages in terms of fees, drawdown flexibility, and payout structure compared to other prop firms, the fundamental ethical issues from an Islamic perspective remain unchanged across the industry. The business model, which relies on recurring fees for access to speculative, simulated trading rather than genuine risk-sharing in a real economic venture, is problematic. The existence of “reset fees” further underscores a model where the firm benefits from repeated attempts rather than sustained, real-world trading success. Therefore, while it might be “better” in terms of features than some competitors, it does not alleviate the core Islamic concerns regarding Riba, Gharar, and Maysir gambling/speculation.

FAQ

What is Fundedfuturesfamily.com?

Fundedfuturesfamily.com is a proprietary trading firm that offers individuals the opportunity to trade simulated capital after paying a monthly subscription fee and successfully passing a trading challenge.

If they meet specific profit targets and adhere to drawdown limits on simulated accounts, they may be “funded” with larger simulated capital and receive a percentage of the profits generated in that environment.

Is Fundedfuturesfamily.com legitimate?

Based on the website’s clear presentation of rules and pricing, it appears to be an operational business with a defined model. However, “legitimate” in the context of Islamic finance is different. its business model of charging fees for access to simulated trading, with profits derived from hypothetical gains, raises significant ethical concerns related to Gharar excessive uncertainty and the nature of income generation.

What are the main ethical concerns with Fundedfuturesfamily.com from an Islamic perspective?

The primary ethical concerns include the presence of Gharar excessive uncertainty in its business model, as traders pay recurring fees for access to simulated environments. The firm’s revenue is largely derived from these fees and reset fees, rather than genuine, shared risk in real economic activity. The highly speculative nature of futures trading itself is also a concern. Gatsbyshoes.co Review

How much does Fundedfuturesfamily.com cost?

Fundedfuturesfamily.com offers three plans: Classic $179/month for $50k simulated capital, Elite $259/month for $100k simulated capital, and Premiere $349/month for $150k simulated capital. Each plan also has associated reset fees ranging from $85 to $175.

What is the profit split offered by Fundedfuturesfamily.com?

Fundedfuturesfamily.com states that traders keep 90% of their profits.

They also mention that the first $10,000 in total payouts is 100% for the trader, with the 90/10 split applying to amounts earned beyond that threshold.

How often can I get payouts from Fundedfuturesfamily.com?

Traders are eligible to request a payout after completing seven winning trading days each with at least $200 in profit and meeting a 40% consistency rule.

Payouts are advertised as being approved and paid every Tuesday.

What is a “simulated funded account” on Fundedfuturesfamily.com?

A “simulated funded account” is a demo account provided by Fundedfuturesfamily.com that allows traders to practice and prove their consistency using hypothetical capital.

Profits generated in this simulated environment can lead to real payouts based on the firm’s profit-sharing agreement.

Can I trade any strategy on Fundedfuturesfamily.com?

Yes, Fundedfuturesfamily.com states that you can trade with any strategy you choose, as long as you adhere to their specific rules regarding profit targets, max loss limits, and drawdown policies.

Are there any hidden fees with Fundedfuturesfamily.com?

The website states “No hidden rules, Full transparency” and explicitly mentions “No Activation Fees” for the listed plans.

All listed fees monthly subscription, reset fees are transparently displayed on the homepage. Flexispot.com Review

What is the minimum number of days to pass a challenge on Fundedfuturesfamily.com?

On the Elite and Premiere plans, you can pass the challenge in just one day.

On the Classic plan, you can pass the challenge in two days.

What are the drawdown policies on Fundedfuturesfamily.com?

Fundedfuturesfamily.com offers plans with two different drawdown policies: End of Day Drawdown for Classic and Premiere plans and Intraday Trailing Drawdown for Elite plan.

What happens if I fail a challenge on Fundedfuturesfamily.com?

If you fail a challenge by exceeding the max loss limit or not meeting the profit target, you have the option to pay a “Reset Fee” to try again.

You are allowed up to three resets, and the counter goes back to zero with each subscription rebill.

Does Fundedfuturesfamily.com offer a free trial?

Based on the provided homepage text, Fundedfuturesfamily.com does not explicitly mention or offer a free trial.

Their plans are structured as paid monthly subscriptions from the start.

How many active funded accounts can I have with Fundedfuturesfamily.com?

A user is allowed up to 4 active funded accounts per user, as stated on their website.

What is the consistency rule for payouts on Fundedfuturesfamily.com?

Traders are eligible for payouts after meeting a 40% consistency rule, in addition to achieving seven winning trading days with at least $200 in profit.

What benefits do traders get with a live account at Fundedfuturesfamily.com?

When a trader transitions to a live account, Fundedfuturesfamily.com states they unlock one-on-one calls with Risk Managers for personalized guidance and customizable account parameters. Hungryroot.com Review

They also mention capital scaling opportunities and dedicated 24/5 support.

Is Fundedfuturesfamily.com suitable for beginners?

While the platform provides a simulated environment, the inherent risks and complexities of futures trading, combined with strict challenge rules and recurring fees, make it a demanding environment.

Beginners might find the pressure and financial commitment challenging.

How does the reset fee work at Fundedfuturesfamily.com?

If you fail a challenge, you can pay a reset fee e.g., $85 for Classic, $130 for Elite, $175 for Premiere to restart your challenge.

You get up to three resets, and this allowance refreshes every time your monthly subscription rebills.

What is the purpose of the Discord community mentioned by Fundedfuturesfamily.com?

The Discord community is intended to be a supportive environment where traders can chat, share insights, and learn from each other, fostering a sense of camaraderie among participants.

How does Fundedfuturesfamily.com compare to other prop firms?

Fundedfuturesfamily.com offers competitive features like no activation fees on featured plans, flexible drawdown options, a high profit split 90%, and fast payouts 7 days. However, like most prop firms, it operates on a subscription-based model for access to simulated trading, which raises similar ethical concerns regarding Gharar and speculation from an Islamic finance perspective.