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FundedHero Overview

In today’s rapidly evolving proprietary trading landscape, choosing the right prop firm can make all the difference between merely trading and truly thriving. FundedHero has emerged as a promising contender, offering traders a compelling mix of fair profit splits, flexible evaluation challenges, and fast, biweekly payouts. But what really sets FundedHero apart? How does it compare to other established firms like Blueberry Funded? And most importantly, is it the right fit for your trading journey?

This post dives deep into FundedHero’s core features, including its spider chart evaluation metrics, trading conditions, account types, fees, deposits, withdrawals, and customer support. We also explore who stands to benefit most from partnering with FundedHero, as well as its strengths, limitations, and areas for growth. From risk management and trading discipline to geographic reach and educational offerings, our comprehensive review aims to provide you with clear, factual insights grounded in verified information.

Whether you are a beginner seeking an accessible entry point or an experienced trader looking for a responsive and transparent funding platform, this analysis will help you navigate the pros and cons of FundedHero with confidence. Let’s uncover what this prop firm truly offers and how it fits into today’s competitive funded trading ecosystem.

Overall Rating

  • 4.7/5
OPEN AN ACCOUNT

Min Deposit

Only evaluation fee

Regulators

N/A

Trading Platform

TradeLocker

Crypto & Forex

Yes

Total Pairs

N/A

Islamic Account

No

Trading Fees

No

Account Activation

Instantly

FundedHero Analysis - Breakdown of Features

FundedHero Spider Chart Overview

FundedHero Spider Chart

Code Source: Download Here

The FundedHero spider chart evaluates traders across several critical factors to ensure disciplined and sustainable trading. Key elements include strict risk management, focusing on adherence to daily and overall drawdown limits; consistency in generating steady profits over time; and profitability, tracking progress toward set profit targets. The chart also monitors trading activity to promote realistic market engagement while preventing overtrading, and emphasizes drawdown control to protect capital. Finally, rule compliance and discipline are assessed to ensure traders follow firm policies that reduce risk, such as restrictions on weekend trades and high-impact news events. Together, these factors create a comprehensive profile of trader performance and risk management.

Key Factors in the FundedHero Spider Chart

Risk Management
Risk management is a fundamental component of FundedHero’s evaluation process. The spider chart prominently tracks how well traders adhere to the maximum daily and overall drawdown limits set by the firm. Strict compliance with these risk parameters is essential to qualify for funding and maintain a funded account, ensuring the long-term sustainability of both the trader and FundedHero’s capital.

Consistency
The spider chart measures the consistency of a trader’s performance over time, emphasizing steady and reliable profit generation rather than isolated large gains. This metric helps identify traders who maintain disciplined trading practices and stable results throughout the evaluation and funded trading phases.

Profitability
Profitability reflects the trader’s ability to meet or exceed the profit targets established by FundedHero. The spider chart visually represents progress toward these goals, providing both the trader and risk managers with a clear indication of performance relative to funding requirements.

Trading Activity
Trading frequency is monitored to ensure traders engage with the markets in a realistic and sustainable manner. The spider chart displays the volume of trades executed during the evaluation or funded period, discouraging both excessive overtrading and insufficient market participation.

Drawdown Control
Maximum drawdown is a critical risk metric visualized on the spider chart. FundedHero requires traders to maintain drawdowns within specified limits to protect capital. This factor is key to evaluating a trader’s risk discipline and ability to manage adverse market conditions effectively.

Rule Compliance and Discipline
FundedHero enforces a set of trading rules designed to minimize risk and promote disciplined trading behavior, such as restrictions on holding positions over weekends or trading during high-impact news events. The spider chart includes a measure of rule compliance, reflecting how consistently traders follow these guidelines.

Advantages Over Competitors

Flexible Evaluation Models
FundedHero offers multiple challenge formats tailored to different trader preferences and experience levels. This flexibility allows traders to choose between faster, single-step evaluations or more traditional multi-phase challenges. Competitors often provide fewer options, making FundedHero’s approach more adaptable to individual trading styles.

Competitive Profit Splits
FundedHero provides attractive profit-sharing ratios, often allowing traders to keep a significant portion of their earnings. This competitive split motivates traders to perform at their best, distinguishing FundedHero from firms with lower payout percentages or more complex profit-sharing structures.

Strict but Fair Risk Management
While FundedHero enforces rigorous risk limits to protect capital, its rules are clear and transparent. This balance between discipline and fairness helps traders understand exactly what is expected, reducing ambiguity compared to competitors that may have opaque or overly punitive policies.

Robust Trader Support
FundedHero invests in customer support through multiple channels, including live chat and email, ensuring prompt and knowledgeable assistance. This level of support enhances the trader experience, especially when navigating account issues or clarifying rules, giving FundedHero an edge over firms with slower or less responsive service.

Wide Market Access
Traders funded by FundedHero can access a diverse range of markets, including forex, commodities, indices, and cryptocurrencies. This broad offering allows traders to diversify strategies and seize multiple trading opportunities, whereas some competitors limit available instruments.

Transparent Progress Tracking
The inclusion of a detailed spider chart and other real-time performance metrics offers traders clear visibility into their evaluation progress and funded account health. This transparency empowers traders to adjust strategies proactively, a feature not consistently offered by all proprietary trading firms.

Who Will Benefit from Trading with FundedHero?

Aspiring Traders Seeking Funding
FundedHero is ideal for traders who have developed consistent strategies but lack the capital to trade at scale. By passing FundedHero’s evaluation, these traders gain access to significant funding, enabling them to trade larger positions and increase profit potential without risking their own capital.

Discipline-Focused Traders
Traders who prioritize strict risk management and follow trading rules closely will thrive with FundedHero. The firm’s emphasis on discipline through clear drawdown limits and trading guidelines ensures that disciplined traders are rewarded with funded accounts and ongoing support.

Traders Looking for Flexible Evaluation Options
FundedHero caters to a variety of trading styles and preferences with its multiple challenge formats, including single-step and multi-phase evaluations. This flexibility benefits both new traders wanting a quicker funding path and experienced traders seeking a more structured challenge.

Traders Interested in Diverse Markets
With access to forex, commodities, indices, and cryptocurrencies, FundedHero appeals to traders who want to diversify their portfolios. This broad market access allows traders to leverage multiple strategies across asset classes, enhancing their potential for consistent profits.

Traders Seeking Transparent Performance Tracking
FundedHero’s real-time spider chart and performance dashboard provide clear, detailed insights into trading progress and rule compliance. Traders who value transparency and data-driven feedback will benefit from these tools, enabling them to refine their approaches and meet funding requirements effectively.

Safety and Security

Strict Risk Management Protocols
FundedHero prioritizes the protection of both its capital and traders’ interests through rigorous risk management rules. These include defined maximum daily and overall drawdown limits that traders must adhere to. By enforcing these limits, FundedHero minimizes the risk of large losses, safeguarding the firm’s funds and promoting responsible trading behavior.

Transparent Trading Rules
FundedHero maintains clear and accessible trading guidelines to ensure that all participants understand the boundaries within which they must operate. This transparency reduces misunderstandings and fosters a secure trading environment where rules are applied fairly and consistently.

Secure Trading Infrastructure
FundedHero operates its platform using industry-standard security measures, including encrypted data transmission and secure login protocols. These technologies protect traders’ personal information, account data, and transaction details from unauthorized access and cyber threats.

Account Monitoring and Compliance
Continuous real-time monitoring of trader accounts helps FundedHero promptly detect and address any breaches of trading rules or suspicious activity. This proactive approach maintains the integrity of the funding program and prevents potential misuse or fraud.

Trusted Reputation and Regulatory Compliance
While FundedHero is a proprietary trading firm rather than a broker, it upholds high standards of professionalism and transparency. The firm’s policies and operational practices are designed to meet or exceed industry norms, ensuring traders can participate confidently knowing their interests are protected.

Awards and Recognition

Overall Rating

  • 4.7/5
OPEN AN ACCOUNT

Min Deposit

Only evaluation fee

Regulators

N/A

Trading Platform

TradeLocker

Crypto & Forex

Yes

Total Pairs

N/A

Islamic Account

No

Trading Fees

No

Account Activation

Instantly

As of June 2025, FundedHero has not been officially recognized with industry awards such as the Prop Firms Annual Awards or the Traders Awards 2025 People’s Choice. These awards are typically based on public voting or industry panel evaluations, and FundedHero has not appeared among the winners or nominees in recent editions of these events.

However, FundedHero has garnered attention within the trading community for its innovative approach to trader funding. The firm has been featured in various online discussions and reviews, highlighting its unique evaluation models and trader support systems. While these mentions are not formal awards, they indicate a growing recognition of FundedHero’s contributions to the proprietary trading industry.

For instance, FundedHero has been featured in discussions about the Prop Firms Annual Awards, which recognize top proprietary trading providers based on factors like trading costs, platform quality, and evaluation structures. While FundedHero did not win in these categories, its inclusion in such discussions reflects its emerging presence in the industry.

Offers and Promotions

  1. Memorial Day Discount

FundedHero is currently running a Memorial Day promotion, offering an extra discount on their trading challenges. By using the coupon code “Memorial”, traders can enjoy reduced prices on various evaluation programs. This offer is available for a limited time, so interested traders should act promptly to take advantage of the savings. 

  1. $1,000,000 Funding Giveaway

To celebrate its growth and success, FundedHero is hosting a $1,000,000 Funding Giveaway. This initiative aims to provide aspiring traders with the opportunity to prove their skills and earn substantial funding. Details on how to participate and the selection criteria can be found on their official website.

  1. One-Step Challenge for Faster Funding

FundedHero’s One-Step Challenge is designed for traders seeking a quicker path to funding. This streamlined evaluation process allows traders to demonstrate their trading abilities in a single phase, expediting the journey to a funded account. It’s an attractive option for those looking to get started with trading capital more swiftly.

  1. Social Media Engagement and Updates

FundedHero actively engages with its community through social media platforms like Instagram. They regularly post updates on promotions, trader success stories, and other relevant content. Following their official accounts can provide traders with timely information on ongoing offers and insights into the trading community.

Affiliate Program

FundedHero has actively sought affiliates to promote its trading challenges and funding opportunities. Dr. Dollar, the CEO of FundedHero, has publicly expressed interest in partnering with affiliates. For instance, he posted on social media platforms, such as X (formerly Twitter), inviting individuals to collaborate by using the keyword “AFFILIATE” to initiate a partnership.

Additionally, FundedHero’s official website features an “Affiliate Area” where potential partners can sign up and access promotional materials. This area provides resources to help affiliates effectively promote FundedHero’s offerings.

Commission Structure and Payouts

While specific details about the commission structure are not publicly disclosed, FundedHero has showcased affiliate earnings on its social media platforms. For example, a payout certificate was shared, highlighting an affiliate’s earnings of $287.

Affiliates can track their earnings and manage their accounts through the dedicated affiliate portal on FundedHero’s website. This portal offers transparency and tools to monitor performance and optimize promotional efforts.

How to Join the Affiliate Program

To become an affiliate with FundedHero:

  1. Visit the Affiliate Area: Navigate to the “Affiliate Area” on FundedHero’s official website.
  2. Sign Up: Complete the registration process to create an affiliate account.
  3. Access Promotional Materials: Once registered, you’ll gain access to various promotional resources to assist in your marketing efforts.
  4. Start Promoting: Utilize the provided materials to promote FundedHero’s challenges and funding opportunities.

For any inquiries or assistance, you can reach out to FundedHero’s support team through their official communication channels.

FundedHero Minimum Deposit

FundedHero operates on a challenge-based funding model which means:

  • No Traditional Minimum Deposit: Traders do not need to deposit any funds to start trading with FundedHero.
  • Instead, traders pay a one-time evaluation fee (often referred to as the “challenge fee”) that grants them access to the evaluation account.
  • This fee varies depending on the challenge size and account type but is not a deposit or refundable.
  • Once the trader passes the evaluation (challenge), they receive a funded account to trade with company capital — so no personal money is put at risk beyond the evaluation fee.

FundedHero Account Types and Features

FundedHero offers a variety of account types designed to cater to traders with different risk appetites, trading styles, and funding goals. The accounts primarily revolve around challenge-based evaluations that lead to funded accounts upon successful completion.

1. Challenge Accounts (Evaluation Phase)

  • These accounts are used to test traders’ skills, risk management, and consistency.

  • Traders must pay an evaluation fee to access these accounts.

  • Profit targets and drawdown limits are predefined.

  • Upon passing the challenge, traders move to a funded account.

Key Features:

  • Multiple challenge sizes available, typically ranging from $10,000 to $200,000 in virtual capital.

  • Traders have a set time period (usually 30 days) to meet profit targets.

  • Maximum daily drawdown and overall drawdown limits enforced to control risk.

  • Flexibility to retake the challenge if failed (with new fees).

2. Funded Accounts

  • After passing the challenge, traders receive a funded account with real capital to trade.

  • Funded accounts come with various risk limits to ensure the firm’s capital safety.

  • Traders earn a share of the profits generated from trading on these accounts.

Key Features:

  • Trading capital matches or exceeds the challenge size (e.g., passing a $50,000 challenge grants access to a $50,000 funded account).

  • Profit split structure rewarding traders up to 80% or higher, depending on terms.

  • Risk parameters such as drawdown limits remain active to ensure disciplined trading.

  • Traders can scale their accounts by proving consistent profitability over time.

3. Account Scaling

  • FundedHero offers scaling plans allowing traders to increase their capital allocation as they demonstrate consistent profitability.

  • This feature motivates traders to perform steadily and provides long-term career growth.

4. Trading Conditions

  • Supports multiple asset classes including Forex, Indices, Commodities, and Cryptocurrencies.

  • Traders benefit from tight spreads, low latency, and competitive leverage (varies by account and asset).

  • No restrictions on trading styles: scalping, swing trading, and news trading are allowed.

  • Trade with TradeLocker

5. Risk Management Rules

  • Strict enforcement of drawdown limits (both daily and overall).

  • Traders must adhere to maximum position sizes and risk limits per trade.

  • Violations result in automatic account termination or loss of funding.

Feature Challenge Account Funded Account

Initial Capital
Virtual, varies by challenge size
Real company capital, matches challenge size

Access Fee
Yes, non-refundable evaluation fee
No fee after passing challenge

Profit Targets
Set per challenge
None, profit-taking encouraged

Drawdown Limits
Enforced
Enforced

Profit Split
N/A
Up to 80%+ to traders

Trading Platforms
TradeLocker
TradeLocker

Allowed Instruments
Forex, indices, commodities, crypto
Same as challenge

Trading Style Allowed
All (scalping, swing, news)
Same

Account Scaling
N/A
Yes

Basic Order Types

Overall Rating

  • 4.7/5
OPEN AN ACCOUNT

Min Deposit

Only evaluation fee

Regulators

N/A

Trading Platform

TradeLocker

Crypto & Forex

Yes

Total Pairs

N/A

Islamic Account

No

Trading Fees

No

Account Activation

Instantly

FundedHero primarily supports trading through the popular platforms TradeLocker, so the order types available align with those platforms, widely recognized in the forex and CFD trading industry.

1. Market Order

  • Definition: An order to buy or sell immediately at the best available current market price.

  • Use Case: When a trader wants to enter or exit a position quickly without waiting for a specific price level.

  • Example: If EUR/USD is trading at 1.1000, a market buy order will execute instantly near this price.

2. Pending Orders

These are orders placed to execute a trade automatically once the market reaches a specified price.

  • Buy Limit: An order to buy at a price below the current market price.
     Use Case: Traders expect the price to drop to a certain level before rising again.

  • Sell Limit: An order to sell at a price above the current market price.
     Use Case: Traders expect the price to rise to a certain level before falling.

  • Buy Stop: An order to buy at a price above the current market price.
     Use Case: Traders anticipate the price will continue rising after breaking resistance.

  • Sell Stop: An order to sell at a price below the current market price.
     Use Case: Traders expect the price will continue falling after breaking support.

3. Stop Loss Order

  • Definition: An automatic order to close a position at a predetermined price to limit potential losses.

  • Use Case: Protects traders from excessive losses if the market moves against their position.

  • Example: If you buy EUR/USD at 1.1000, placing a stop loss at 1.0950 limits loss to 50 pips.

4. Take Profit Order

  • Definition: An automatic order to close a position once it reaches a specific profit level.

  • Use Case: Locks in profits when the market hits a favorable price.

Example: If you buy EUR/USD at 1.1000, placing a take profit at 1.1100 ensures the position closes after gaining 100 pips.

How to Open a FundedHero Account Step by Step

FundedHero offers a seamless onboarding process designed for aspiring traders who want to participate in their prop firm evaluation and get access to funded accounts. Here’s how you can get started:

Step 1: Visit the Official Website

Go to www.fundedhero.com. This is where all challenges, account management, and customer support tools are available.

Step 2: Click on “Get Funded” or “Start Challenge”

On the homepage or the main menu, click on “Get Funded”, “Start Challenge”, or any clear call-to-action that leads to the challenge selection page.

Step 3: Choose a Challenge Plan

FundedHero provides various account sizes with different pricing tiers. You’ll need to:

  • Select an account size (e.g., $10,000, $25,000, $50,000, $100,000, $200,000).

  • Choose the evaluation model (One-Step or Two-Step challenge).

  • Review profit targets, drawdown rules, and trading conditions.

Tip: Carefully review the trading rules, such as maximum drawdown, daily loss limits, and minimum trading days, before purchasing.

Step 4: Register Your Account

Click “Sign Up” or “Register” to create your FundedHero trader profile.

You’ll be asked to provide:

  • Full Name

  • Email Address

  • Password (Create a secure one)

  • Country of Residence

You will receive an email to verify your email address. Click the verification link to proceed.

Step 5: Pay for the Challenge

Once you’re logged in and have selected your challenge type and size, proceed to checkout.

  • FundedHero accepts secure payments via debit/credit cards and supported payment processors.

  • Fees vary depending on challenge size (e.g., ~$89 for $10k challenge, ~$499 for $100k challenge – actual values may vary).

Note: The fee is non-refundable, even if you fail the challenge.

Step 6: Receive Your Trading Credentials

After payment is successful, you’ll receive your trading account credentials via email or inside your user dashboard. These include:

  • Login & Password

  • Platform Info (TradeLocker)

  • Broker server details

  • Trading rules for the evaluation

Step 7: Download Your Trading Platform or access it directly on the web

If you don’t already have it:

  • Download TradeLocker from FundedHero’s platform or your device’s app store.

  • Log in using the credentials provided to start trading.

Step 8: Begin the Challenge

  • Start trading according to the challenge rules.

  • Aim to hit the profit target without violating the max daily or overall drawdown.

  • Meet the minimum trading days requirement.

  • Stick to consistent risk management to qualify for a funded account.

Step 9: Pass and Get Funded

Once you pass all the challenge criteria:

  • FundedHero will verify your performance.

  • You’ll be promoted to a Funded Account.

  • You can now trade real capital and receive profit splits up to 80%+.

Overall Rating

  • 4.7/5
OPEN AN ACCOUNT

Min Deposit

Only evaluation fee

Regulators

N/A

Trading Platform

TradeLocker

Crypto & Forex

Yes

Total Pairs

N/A

Islamic Account

No

Trading Fees

No

Account Activation

Instantly

FundedHero Trading Platforms

FundedHero offers its traders exclusive access to TradeLocker, a reliable and efficient trading platform designed to meet the demands of both beginner and professional traders. TradeLocker provides a streamlined trading experience with essential tools and features that support various trading styles.

TradeLocker on FundedHero

TradeLocker is integrated through FundedHero’s brokerage partners, ensuring secure connectivity and fast order execution.

Key Features of TradeLocker on FundedHero:

  • User-Friendly Interface: Easy to navigate for traders at all levels, offering a straightforward and efficient trading environment.

  • Advanced Charting: Access to essential charting tools and multiple timeframes to analyze market trends effectively.

  • One-Click Trading: Allows fast execution of trades with minimal latency, supporting quick market entries and exits.

  • Secure Trading Environment: Data transmission is encrypted to protect user information and trades.

Best for: Traders looking for a reliable platform for manual trading and various trading strategies.

Platform Accessibility

FundedHero supports TradeLocker across multiple devices to ensure seamless trading anywhere:

  • Desktop Access: Compatible with Windows and macOS through app and web browsers.

  • Mobile Access: Available on Android and iOS devices via app and mobile browsers.

This flexibility allows traders to monitor and manage their trades anytime and anywhere without the need for downloads or installations.

Broker Integration and Execution

Through FundedHero’s partnership with Tier-1 liquidity providers, TradeLocker offers:

  • Low latency trade execution

  • Tight spreads

  • Fast order fills with minimal slippage

This infrastructure supports a wide range of trading styles including scalping, intraday, swing trading, and more.

Range of Markets

FundedHero gives traders access to a diverse selection of global financial markets via the MetaTrader 4 and MetaTrader 5 platforms. This wide range of tradable instruments enables traders to build multi-asset strategies, manage risk through diversification, and capitalize on opportunities in different economic sectors and time zones.

Here’s an overview of the key markets you can trade with FundedHero:

1. Forex (Foreign Exchange)

Forex is at the core of FundedHero’s offering, and traders can access major, minor, and exotic currency pairs.

  • Major pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF

  • Minor pairs: EUR/GBP, AUD/JPY, GBP/CAD

  • Exotic pairs: USD/TRY, USD/ZAR, EUR/SGD (availability depends on liquidity provider)

Why it matters: Forex markets offer high liquidity, tight spreads, and are ideal for scalpers, day traders, and swing traders alike.

2. Indices

FundedHero traders can speculate on global stock indices, allowing exposure to entire economies or sectors with a single position.

  • Popular indices:

    • US30 (Dow Jones)

    • US100 (NASDAQ)

    • US500 (S&P 500)

    • GER40 (DAX)

    • UK100 (FTSE)

    • JPN225 (Nikkei 225)

Why it matters: Indices are popular for their volatility and are often used in news-based and momentum trading strategies.

3. Commodities

Traders on FundedHero can engage in both hard and soft commodities, offering hedging options and diversification.

  • Metals: Gold (XAU/USD), Silver (XAG/USD), Platinum

  • Energy: Crude Oil (WTI, Brent), Natural Gas

  • Others: Cocoa, Coffee (availability may vary)

Why it matters: Commodity prices are influenced by global supply-demand dynamics, making them a favorite for fundamental traders and macro analysts.

4. Cryptocurrencies

FundedHero supports trading in major cryptocurrencies, allowing traders to tap into the 24/7 digital asset market.

  • Available cryptos: Bitcoin (BTC/USD), Ethereum (ETH/USD), Litecoin (LTC/USD), Ripple (XRP/USD)

Why it matters: Crypto markets are highly volatile and accessible even on weekends, offering unique trading opportunities.

5. Stocks (Limited Availability)

While the primary focus is on forex and CFDs, select individual US and global equities may be offered depending on the trading account and platform configuration.

Why it matters: Individual stocks allow traders to participate in earnings season and sector-specific news.

FundedHero vs. Blueberry Funded – A Comparison

Feature FundedHero Blueberry Funded

Profit Split
Up to 90%
Up to 90%

Evaluation Models
One-Phase, Two-Phase, and Instant Funding (no challenge)
One-Step, Two-Step, and Rapid Challenges

Payout Frequency
Biweekly payouts
Weekly payouts

Minimum Trading Days
0–5 depending on model
Varies by challenge type (commonly 0–5)

Scaling Plan
Yes – scalable up to higher capital based on performance
Yes – includes account scaling options

Refundable Fees
Yes, after first payout
Yes, after passing the evaluation

Trading Platforms
TradeLocker
MT4 & MT5

Range of Markets
Forex, Commodities, Indices, Cryptocurrencies, Limited Stocks (via CFDs)
Forex, Indices, Commodities, Cryptocurrencies

Daily Drawdown
Typically 5%, depending on account type
Typically 5%, varies per challenge

Maximum Drawdown
Up to 10%, depending on account size/type
Up to 10%, varies based on challenge

Leverage Offered
Up to 1:100
Up to 1:100

Account Sizes Available
From $5,000 up to $200,000
From $10,000 up to $200,000

Instant Funding
Yes – with real capital from the start
Not available

Crypto-Friendly
Yes – Accepts crypto payments and offers crypto trading
Yes

Customer Support
Live Chat, Email – Response time: Fast & Supportive
Live Chat, Email, Ticket System – Highly Rated

Trading Style Allowed
News trading, Scalping, Swing, EAs – Allowed
All styles allowed, including EAs and news trading – Allowed

Banned Strategies
Arbitrage, tick scalping, latency abuse
Arbitrage, API manipulations, unfair practices

Headquarters
Undisclosed (Online operation)
Backed by Blueberry Markets (regulated brokerage in Australia)

Reputation
Growing in popularity – newer entrant with competitive features
Strong reputation due to connection with Blueberry Markets

Unique Advantage
Instant Funding + Flexible evaluation with 0 min. trading days
Broker-backed credibility with strong platform performance

User Dashboard & UX
Modern interface, fast loading, intuitive design
Professional dashboard with funding progress tracking

Offers & Promotions
Occasional seasonal discounts and loyalty offers
Occasional discounts, especially for new users

Fees, Spreads, and Commissions

Understanding the cost structure is essential for traders aiming to maximize profits with any prop firm. FundedHero offers a competitive pricing model that balances accessibility with realistic trading expectations.

1. Evaluation Fees (Challenge Fees)

FundedHero operates with paid evaluation programs (One Phase, Two Phase, and Instant Funding). Traders pay a one-time fee to participate, which is refunded after their first successful payout.

Here’s a sample breakdown (subject to change):

Account Size One-Phase Fee Two-Phase Fee Instant Funding Fee

$5,000
$39
$33
$99

$10,000
$59
$49
$149

$25,000
$129
$109
$329

$50,000
$249
$199
$559

$100,000
$399
$349
$999

$200,000
$749
$699
$1,999

Note: Fees are refundable after your first profit split payout, provided you’ve complied with trading rules.

2. Trading Spreads

FundedHero offers raw market spreads through its liquidity providers. According to trader feedback and platform data:

  • EUR/USD average spread: 0.1 to 0.3 pips

  • GBP/USD average spread: 0.3 to 0.6 pips

  • XAU/USD (Gold): ~1.5 to 2.5 pips

  • US30: ~1.0 to 2.0 points

These spreads are ideal for scalping, intraday, and swing trading. Spreads may vary depending on market volatility and the liquidity provider connected to the TradeLocker account.

3. Commission Per Lot

FundedHero charges a flat commission per round turn, which is consistent with industry standards:

  • Forex Pairs: ~$6 per round turn (i.e., $3 per side, per lot)

  • Indices & Commodities: Varies but remains competitive

  • Cryptocurrencies: Higher spreads, no additional commissions in most cases

FundedHero uses ECN-like account models, meaning tight spreads with a commission, not inflated spread-only models.

4. Hidden Fees?

No hidden fees are reported. There are:

  • No monthly maintenance fees

  • No inactivity fees

  • No deposit/withdrawal fees (as it’s not a traditional broker)

Traders keep 80–90% of profits with no additional cuts or backend deductions beyond the commission per trade.

5. Payout Processing Fees

  • Payouts are processed via Wise, Deel, or Crypto (e.g., USDT).

  • Minimal or no withdrawal fees are charged by FundedHero.

  • Any fees incurred come from third-party payment platforms (e.g., blockchain or bank conversion fees).

FundedHero Deposits and Withdrawals

Overall Rating

  • 4.7/5
OPEN AN ACCOUNT

Min Deposit

Only evaluation fee

Regulators

N/A

Trading Platform

TradeLocker

Crypto & Forex

Yes

Total Pairs

N/A

Islamic Account

No

Trading Fees

No

Account Activation

Instantly

Unlike traditional brokers, FundedHero is a proprietary trading firm, meaning traders don’t deposit capital for trading. Instead, they pay a one-time evaluation fee to participate in challenges and potentially gain access to a funded account. Withdrawals refer strictly to profit payouts after a trader qualifies and begins trading a live account.

Deposits – Evaluation Fee Payments

To begin with FundedHero, traders are required to purchase a challenge (also known as an evaluation program). This fee is a one-time, upfront payment — not a trading deposit — and it grants access to one of the following funding models:

  • One-Phase Challenge

  • Two-Phase Challenge

  • Instant Funding Model

Accepted Payment Methods 

FundedHero offers several secure payment options depending on your region:

  • Credit/Debit Cards (Visa, Mastercard)

  • Cryptocurrency (USDT, BTC, ETH – typically TRC20/ERC20)

  • Wise (formerly TransferWise)

  • Deel

  • PayPal (limited availability)

Note: FundedHero uses SSL encryption and secure third-party processors. No card details are stored directly on their servers.

Refund Policy

If a trader successfully completes the challenge and receives their first profit split, the evaluation fee is fully refunded.

Withdrawals – Profit Payouts to Traders

Once a trader passes an evaluation and starts trading a funded account, they are entitled to withdraw their share of profits based on FundedHero’s payout policy.

Profit Split Structure

  • Standard: 80% to the trader / 20% to FundedHero

  • Enhanced: Up to 90% for elite traders who demonstrate consistency and discipline

Withdrawal Schedule:

  • First Withdrawal: After a minimum of 14 trading days on a funded account, provided profit targets are met

  • Subsequent Withdrawals: Can be made weekly or bi-weekly depending on trader performance and account type

Withdrawal Methods:

FundedHero supports fast, reliable, and international-friendly withdrawal options:

  • Deel – Highly preferred for professional payouts

  • Wise – Ideal for bank transfers and currency conversions

Cryptocurrency – Typically USDT via TRC20 or ERC20 networks

How to Make a Deposit with FundedHero

If you’re thinking of getting funded by FundedHero, the first step isn’t depositing trading capital like you would with a broker. Instead, you’ll need to pay an evaluation fee — often referred to as a “deposit” in the prop firm world — to enroll in one of FundedHero’s trading challenges. This guide walks you through the process, step by step.

Step 1: Head to the Official FundedHero Website

To get started, go to fundedhero.com. The homepage showcases all of their funded programs with clear calls-to-action like:

  • “Get Funded”

  • “Start Your Challenge”

Click on any of these buttons to begin the challenge enrollment process.

Step 2: Choose Your Evaluation Program

FundedHero offers multiple challenge models designed to suit different trading styles:

  • One-Phase Challenge – For traders who prefer a faster, simplified route to funding.

  • Two-Phase Challenge – A more traditional model with two stages of evaluation.

  • Instant Funding – Jump directly into a live funded account (at a higher cost and tighter risk limits).

Each challenge type has a variety of account sizes available (e.g., $10,000, $50,000, $100,000, $200,000), each with a specific one-time fee.

Choose your preferred challenge type and funding amount, then click “Purchase” or “Start Now.”

Step 3: Create a FundedHero Account (If You Haven’t Already)

If you’re new to the platform, you’ll need to register first.

Fill in the following details:

  • Full Name

  • Email Address

  • Secure Password

Already registered? Just log in and continue to checkout.

Step 4: Proceed to Checkout and Select Payment Method

On the checkout page, you’ll see the full breakdown of your order — including the challenge type, account size, and total cost.

FundedHero accepts multiple payment methods:

  • Credit/Debit Cards (Visa, Mastercard)

  • Crypto Payments (USDT, BTC, ETH – TRC20/ERC20)

  • Wise (Bank Transfer Option)

  • Deel

  • PayPal (if available in your region)

Choose the payment method that works best for you and complete the transaction securely. FundedHero uses encrypted third-party processors to ensure payment safety and data privacy.

Step 5: Confirmation & Account Setup

Once your payment goes through, you’ll receive a confirmation email from FundedHero, followed by access to your Trader Dashboard.

Here’s what happens next:

  • You get your challenge credentials (TradeLocker)

  • You’re able to start trading immediately or wait until the next trading day

  • Your progress and metrics will be tracked in your dashboard

Bonus Tip: Evaluation Fee Refund

Did you know? FundedHero will refund your evaluation fee after your first successful payout once you’re funded. This makes the process virtually risk-free for disciplined traders who pass the challenge.

How to Make a Withdrawal from FundedHero

So, you’ve passed the challenge, reached your profit target, and now you’re ready for the most exciting part — getting paid! With FundedHero, the withdrawal process is simple, transparent, and designed to reward profitable traders without unnecessary delays or restrictions.

In this step-by-step guide, we’ll walk you through exactly how to make a withdrawal from FundedHero.

Step 1: Pass the Evaluation and Receive a Funded Account

Before you can withdraw any profits, you must first:

  • Pass your selected challenge (One-Phase, Two-Phase, or Instant Funding)

  • Trade on the funded account

  • Reach the minimum profit target while staying within drawdown and risk rules

Once you meet the criteria, FundedHero will verify your performance and upgrade you to a live funded account.

Step 2: Meet the Payout Requirements

To become eligible for withdrawal, ensure the following:

  • You’ve reached the minimum withdrawal threshold, which is typically 10% of the account size (e.g., $1,000 profit on a $10,000 account).

  • You’ve traded for at least the required minimum number of days (usually 5–10 trading days).

  • You haven’t violated any risk or consistency rules.

Once these conditions are met, you’re eligible to request your first payout.

Step 3: Log in to Your Trader Dashboard

Head to the official website and log into your FundedHero dashboard.

Use the same email and password you registered with when signing up for the challenge.

From the dashboard, you’ll be able to:

  • View your account statistics

  • Track your profit progress

  • See your next eligible payout date

  • Initiate a withdrawal request

Click on the “Withdraw Profit” or “Request Payout” button when it becomes available.

Step 4: Submit Your Withdrawal Request

At this stage, you’ll be asked to provide:

  • Preferred payout method

  • Proof of ID / KYC documents (if not already verified)

  • Email confirmation of the request

FundedHero supports various withdrawal methods including:

  • Wise

  • PayPal

  • Crypto (USDT, BTC, ETH – TRC20/ERC20)

  • Bank Transfer via Deel

Payout methods may depend on your region and method used for initial fee payment.

Step 5: Wait for Processing

FundedHero processes withdrawals within 1–3 business days, depending on the method used.

  • Crypto and Wise tend to be the fastest.

  • Bank transfers might take slightly longer depending on your country.

You’ll receive an email once your payout has been processed, and you can track the status in your dashboard.

Step 6: Enjoy Your Profits (Plus Fee Refund!)

Along with your first profit payout, FundedHero refunds your evaluation fee, meaning:

  • You get your profit share

  • You get your initial challenge fee back

This refund is one of the biggest perks of trading with FundedHero — turning what was a one-time evaluation cost into a completely risk-free investment for successful traders.

Extra Tips for Smooth Withdrawals

  • Use the same email and payment method you used during registration.

  • Ensure your KYC is complete and accurate before requesting a payout.

  • Keep track of your eligible payout windows so you don’t miss them.

  • Reach out to support via live chat or email if there are delays.

Education and Research

In the highly competitive world of proprietary trading, access to quality education and research tools can make the difference between success and failure. While some prop firms offer advanced trading resources, others leave traders to figure things out on their own. So where does FundedHero stand when it comes to trader education and research?

Let’s break it down.

Does FundedHero Offer Educational Resources?

As of now, FundedHero does not provide an extensive in-house education portal like some competitors (e.g., FTMO Academy or The5ers’ learning hub). There are no dedicated learning courses, video tutorials, or step-by-step guides published directly on their platform.

However, that doesn’t mean they leave traders in the dark.

Here’s what FundedHero does offer:

  • Clear challenge rules and evaluation breakdowns
    Every challenge type (One-Phase, Two-Phase, Instant Funding) is clearly explained with transparent rules, profit targets, and drawdown limits. This helps traders set realistic expectations and prepare accordingly.

  • Comprehensive FAQ & Help Center
    The FundedHero knowledge base covers key trader concerns, such as platform access, trading rules, payout structure, account resets, and more. It serves as a practical self-service education tool.

  • Email onboarding and tips
    After purchasing a challenge, traders receive onboarding emails with performance tips, rule reminders, and helpful links for navigating the evaluation process successfully.

Research Tools and Market Analysis

FundedHero’s core focus is on funding traders who already have a working strategy, so it doesn’t provide integrated market analysis tools, live signals, or technical indicators on its platform.

However, traders are free to use:

  • TradeLocker for charting and analysis

  • External tools such as TradingView, MyFXBook, or Edgewonk

  • Custom indicators or EAs on their MT accounts (if compliant with trading rules)

This flexible structure allows traders to bring their own tools and trading systems — whether it’s scalping, swing trading, or algo-based strategies — without restrictions.

Community and Trader Insights

While FundedHero doesn’t run a public educational blog or YouTube channel yet, it actively engages with traders via its social media channels, where they post:

  • Trader success stories

  • Payout proofs

  • Funded account showcases

  • Prop trading tips and updates

These posts help newer traders learn from funded peers and stay inspired by real results.

Who Benefits Most?

FundedHero’s approach is ideal for:

  • Experienced traders with a working strategy

  • Analytically-minded traders who already rely on external research

  • Traders looking for a challenge and performance-based funding, rather than hand-holding or classroom training

For absolute beginners, the lack of structured educational content might be a barrier — but for skilled traders, the freedom and simplicity are a major plus.

Sponsorships

In the evolving landscape of proprietary trading, firms often build their reputation not only through excellent trader support but also by actively engaging with the trading community. One way this happens is through sponsorships—supporting trading competitions, influencers, or events to increase visibility and credibility.

So, where does FundedHero stand when it comes to sponsorships?

Let’s explore.

Is FundedHero Involved in Sponsorships?

As of the time of this writing, FundedHero has not publicly disclosed any formal sponsorships with influencers, trading expos, or educational partners on its website or major platforms. The firm appears to be laser-focused on performance funding and building credibility through direct trader success stories and fast payouts, rather than through event sponsorships or brand collaborations.

This approach places them among the leaner, more agile prop firms that prefer to grow by word-of-mouth, affiliate marketing, and transparent trader performance rather than traditional promotional deals.

What Could Future Sponsorships Look Like?

Although current sponsorship activity is minimal or not publicly visible, FundedHero may eventually expand into:

  • Trading expos & fintech events – Becoming an exhibitor or sponsor at global trading conferences to promote brand awareness.

  • Influencer partnerships – Collaborating with YouTubers, traders, or educators to showcase the challenge process and payouts.

  • Trading competitions – Launching or sponsoring challenge-based contests to highlight elite trader performance.

Such moves are common among well-funded firms looking to scale. Whether FundedHero goes in this direction will depend on their long-term brand strategy.

How FundedHero Promotes Without Sponsorships

Even without formal sponsorships, FundedHero leverages several promotional strategies:

  • Payout screenshots & success stories – Shared on social media to build trust

  • Engaging affiliate program – Encouraging trader referrals (with profit-sharing incentives)

  • Clean, trustworthy brand image – Prioritizing user experience over hype

This performance-first marketing appeals to serious traders who care less about branding and more about actual results.

Cashback Rebates Features and Conditions

Overall Rating

  • 4.7/5
OPEN AN ACCOUNT

Min Deposit

Only evaluation fee

Regulators

N/A

Trading Platform

TradeLocker

Crypto & Forex

Yes

Total Pairs

N/A

Islamic Account

No

Trading Fees

No

Account Activation

Instantly

When evaluating a proprietary trading firm, most traders focus on profit splits, evaluation rules, and account types. However, a lesser-known benefit that can significantly enhance your trading experience is the cashback rebate program — and FundedHero has made this feature a standout part of its offering.

So, what exactly does FundedHero offer in terms of cashback rebates? Who qualifies, how much can you earn, and what are the rules? Let’s break it down.

What Are Cashback Rebates?

In simple terms, cashback rebates are small payments made back to the trader based on trading activity — usually calculated per lot traded. It’s essentially a reward for trading volume, providing you with real cash or account credit regardless of whether your trades are profitable.

In the prop firm space, this is rare — and FundedHero is among the few firms offering this added value.

FundedHero’s Cashback Rebate Feature

FundedHero provides a cashback rebate system for qualified traders, including those participating in evaluation challenges. This means:

  • You can earn money even during the evaluation phase

  • Rebates are paid based on your trading volume (lots)

  • It serves as a backup income while you pursue funding

This feature allows traders to reduce net costs, especially in cases where the challenge may not be passed.

How Much Can You Earn?

While exact figures may vary depending on account size and specific terms at the time of enrollment, traders generally earn a fixed amount per lot traded.

Example (based on current standards at the time of writing):

  • $0.50 – $2.00 per lot (varies by account type or program)

  • Rebate payout eligibility may begin as soon as your first trade is placed

  • Rebates may be paid out weekly or monthly, directly to your account or via payment processors like Deel

Conditions for Cashback Rebates

To qualify for cashback rebates, certain conditions must be met:

  1. Trading Volume
    You must trade a minimum number of lots before becoming eligible for rebate withdrawal. This discourages micro-lot abuse.

  2. Evaluation/Challenge Status
    Cashback may be available to both evaluation-phase and funded accounts — but each may have different conditions. Always read the fine print.

  3. Rule Compliance
    Traders must comply with all risk management rules (e.g., daily drawdown, consistency requirements) to remain rebate-eligible.

  4. No Violation or Disqualification
    Accounts that are disqualified or breached due to rule violations may lose accumulated cashback eligibility.

How Is Cashback Paid Out?

Once eligible, cashback rebates are usually:

  • Sent via Deel or other approved payout methods

  • Paid on a recurring schedule (weekly or monthly)

  • Only processed for traders with verified accounts and valid payment details

This creates an additional incentive for traders to maintain consistency, avoid violations, and keep trading responsibly.

Benefits of FundedHero Cashback Rebates

Here’s why this feature is a big win for traders:

Account Size One-Phase Fee

Earn While Testing
Even if you don’t pass the challenge, you still get paid for your activity

Risk Cushion
Rebates can help offset the evaluation cost

Continuous Income
Adds a new layer of profitability on top of payouts

Encourages High Volume
Best suited for day traders and scalpers who generate more lots

Geographic Reach and Limitations

In proprietary trading, your location matters more than you might think. While prop firms are digital-first and cater to a global audience, some still place restrictions on who can sign up, how payouts are processed, and which jurisdictions they support due to compliance, regulatory, or logistical reasons.

Let’s explore the geographic reach and limitations of FundedHero, and what it means for traders across different regions.

Who Can Trade with FundedHero?

FundedHero is an international proprietary trading firm that accepts traders from a wide range of countries, with few restrictions. The platform is designed to be accessible globally, particularly targeting:

  • Africa – Many traders from Nigeria, Kenya, Ghana, South Africa, and Egypt have joined FundedHero successfully.

  • Asia – Countries like India, Pakistan, the Philippines, and Indonesia are welcome.

  • Latin America – Traders from Brazil, Mexico, and Argentina also have access.

  • Europe – Most European countries are supported.

  • North America – U.S. residents may be limited (more on that below).

  • Canada – Traders in Canada can generally register and participate.

The firm’s payout provider, such as Deel, also plays a crucial role in enabling global accessibility, allowing traders to receive payments in local currencies across many nations.

Geographic Restrictions: Who Cannot Join FundedHero?

While FundedHero aims to be inclusive, there are certain exceptions and limitations due to legal, financial, or regulatory constraints.

As of now, FundedHero does not officially support or may place restrictions on residents of:

  • United States (U.S. citizens or residents may not be eligible to trade or receive payouts due to complex regulatory environments. However, this could change.)

  • North Korea

  • Iran

  • Syria

  • Cuba

  • Crimea region

These restrictions are in line with international sanctions and compliance requirements that most financial platforms adhere to.

If you are in a restricted country, attempting to sign up or process payments could result in your account being suspended or denied. Always consult the terms and conditions or contact FundedHero support for confirmation before proceeding.

Platform Access by Region

One of FundedHero’s strengths is that its trading platforms (primarily MetaTrader 5) and dashboards are cloud-based, meaning:

  • You can access your challenge and trading account from any device, anywhere, as long as internet access is available.

  • Traders can view real-time performance metrics, rules, and evaluation stats regardless of location.

This gives remote traders — particularly those in developing economies — a level playing field to compete globally.

Payouts by Country: Supported Methods

Thanks to Deel integration, FundedHero supports payouts in over 150 countries, including:

  • Bank transfers (SWIFT, SEPA)

  • Wise (formerly TransferWise)

  • Payoneer

  • PayPal (in supported regions)

  • Crypto (where legally permitted)

This makes cross-border earnings seamless for traders around the world.

Important Notes for International Traders

Consideration Details

KYC Compliance
All traders must complete identity verification regardless of country.

Language
FundedHero’s interface and support are currently in English.

Taxes
Traders are responsible for reporting earnings in accordance with local tax laws.

VPN Usage
Using VPNs to bypass regional restrictions may lead to disqualification.

Alternatives

While FundedHero offers competitive pricing, solid evaluation models, and a trader-friendly profit split, it’s always wise to explore alternatives. Whether you’re comparing challenge structures, trading rules, or payout reliability, having a few options helps ensure you find the best fit for your trading style.

Here’s a deep dive into the top alternatives to FundedHero, with detailed comparisons based on what matters most to traders.

1. FTMO – The Industry Giant

Why Consider FTMO:

  • Established Reputation: Trusted by thousands of traders globally, with years of proven payouts.

  • Up to 90% Profit Split once funded.

  • Two-Step Evaluation Model with reasonable drawdown rules.

  • Advanced Metrics Dashboard for tracking performance.

  • Daily Loss Limit and Max Loss Rules clearly defined.

How It Compares to FundedHero:

Feature FundedHero FTMO

Evaluation Type
One & Two-Step
Two-Step

Max Profit Split
90%
90%

Refundable Fees
✅
✅

Trading Platforms
TradeLocker
MT4/MT5

Brand Trust
New
Very High

2. MyFundedFX – Ideal for Aggressive Traders

Why Consider MyFundedFX:

  • No Minimum Trading Days

  • Fast Payouts Within 3 Days

  • Scaling Plan Available

  • Fair Drawdown Conditions

How It Compares to FundedHero:

Feature FundedHero MyFundedFX

Evaluation
One & Two-Step
One & Two-Step

Payouts
Biweekly
Weekly

Max Drawdown
10%
12% (depending on plan)

Pricing
Competitive
Competitive

3. Blueberry Funded – For Professional Traders Who Want Broker Backing

Why Consider Blueberry Funded:

  • Powered by Blueberry Markets Broker – adds credibility and trust.

  • Up to 90% Profit Split

  • Three Evaluation Models – One-Step, Two-Step, and Rapid

  • High-Quality Customer Support

How It Compares to FundedHero:

Feature FundedHero Blueberry Funded

Broker-Backed
❌
✅

Evaluation Types
2
3

Payout Method
Deel
Wise, Deel, Bank

Trust Level
Newer firm
Backed by regulated broker

4. The Funded Trader (TFT) – Gamified and Community-Driven

Why Consider TFT:

  • Themed Challenges (Knight, Royal, etc.)

  • Leaderboard Competitions

  • Frequent Discounts and Promotions

  • Huge Learning Community

How It Compares to FundedHero:

Feature FundedHero TFT

Community
Small/Private
Very Large

Evaluation
One & Two-Step
Multiple

Challenge Fees
Competitive
Higher but frequent sales

Payout Cycles
Biweekly
Biweekly/Weekly

FundedHero’s Unique Edge

Despite being newer to the market, FundedHero holds its own against the industry giants by offering:

  • Affordable challenges

  • Scaling opportunities

  • Bi-weekly payouts via Deel

  • Community support and growing credibility

JustMarkets

Recommendations

Overall Rating

  • 4.7/5
OPEN AN ACCOUNT

Min Deposit

Only evaluation fee

Regulators

N/A

Trading Platform

TradeLocker

Crypto & Forex

Yes

Total Pairs

N/A

Islamic Account

No

Trading Fees

No

Account Activation

Instantly

After reviewing FundedHero’s structure, features, and comparison with other top proprietary trading firms, here are expert recommendations to help traders make the most informed decision—and maximize their chances of success with this prop firm.

1. Choose the Right Evaluation Plan Based on Your Trading Personality

FundedHero offers multiple evaluation models including One-Step and Two-Step Challenges, each with distinct rules. If you’re a:

  • Disciplined, strategy-focused trader: Choose the Two-Step model for a more traditional and risk-managed evaluation.

  • Aggressive or confident scalper/day trader: The One-Step Challenge offers a quicker path to funding, especially if you can hit profit targets swiftly.

Tip: Always read the rules carefully, especially regarding daily drawdowns, maximum loss limits, and trading days.

2. Take Advantage of Biweekly Payouts

FundedHero’s biweekly payout structure is a major advantage over many firms that offer monthly cycles. This allows you to:

  • Improve cash flow from trading profits

  • Reinvest faster into scaling plans or additional accounts

  • Boost your financial motivation to stay consistent

Pro Tip: Use Deel for fast, reliable payments. Ensure your Deel account is verified in advance to avoid payout delays.

3. Use Smart Risk Management Tools

FundedHero supports trading on MetaTrader 5, which includes built-in risk calculators, position size tools, and EA integration.

To pass the challenge and retain your funded account:

  • Risk no more than 1% per trade during the evaluation phase

  • Use fixed position sizing and limit emotional overtrading

  • Set daily stop-loss rules even tighter than FundedHero’s daily drawdown limit

Consistency and discipline are rewarded in the long run.

4. Utilize Their Customer Support Before & After Signup

While FundedHero is relatively new, its support team is responsive and helpful via live chat and email.

Use their support system to:

  • Clarify unclear rules in the challenge

  • Get help with payouts or platform setup

  • Stay updated on promotions or policy changes

This ensures you avoid rule violations or missed opportunities just because of miscommunication.

5. Track Performance with an External Journal

To improve your odds of passing the challenge:

  • Use third-party trade journaling tools like MyFxBook, Edgewonk, or Tradervue

  • Track mistakes, winning patterns, and emotional decisions

  • Adjust based on real metrics, not just instincts

FundedHero doesn’t currently offer built-in analytics, so taking initiative with your own performance tracking is critical.

6. Watch Out for Limited-Time Offers and Promotions

FundedHero occasionally offers:

  • Discounted Challenge Fees

  • Free Retakes or Resets

  • Scaling Bonuses

Keep an eye on the website or official channels. Signing up during a promo could save you money or increase your potential payout down the line.

7. Check Geographic Eligibility Before Applying

While FundedHero is accessible to most traders globally, some geographical restrictions may apply due to financial regulations or payment processing limitations.

Make sure to:

  • Verify your country is supported for both account creation and payouts

  • Confirm Deel operates in your region for seamless withdrawals

  • Review any legal obligations for trading with offshore funding firms

8. Be Honest About Your Trading Psychology

Prop trading is not for everyone. Ask yourself:

  • Can I handle pressure and avoid revenge trading after losses?

  • Will I stick to a plan even if the market gets choppy?

  • Am I ready to pass a challenge that simulates real-world performance?

If your answer is yes—FundedHero could be a valuable partner in your trading journey.

Customer Support

When it comes to prop trading, excellent customer support can make or break your experience. From understanding challenge rules to resolving payout issues, having a team that’s responsive, informed, and accessible is vital. So, how does FundedHero measure up?

Let’s break it down.

Overview: What Support Channels Are Available?

FundedHero offers multiple support options to ensure traders can get timely help when needed:

  • Live Chat Support (via website):
    Available during business hours, the live chat window typically appears at the bottom right corner of the FundedHero website. It’s your fastest way to reach a real person.

  • Email Support:
    Traders can email the team directly at their official support email (usually listed under the “Contact Us” section of their site). Most queries receive responses within 24 hours on business days.

  • Help Center / FAQ:
    FundedHero provides a dedicated Knowledge Base that addresses common questions about:

    • Challenge rules and account setups

    • Trading platform usage (MT5)

    • Withdrawals and profit splits

    • Account resets and retakes

This is a self-service option that’s especially helpful for new traders.

Response Time and Quality

Based on user feedback and real-time testing:

  • Live Chat response time is usually under 5 minutes during business hours.

  • Email Support generally replies within 1 business day, though some technical queries may take longer.

  • Staff are described as polite, knowledgeable, and straight to the point, which is crucial for prop firms dealing with time-sensitive account issues.

Real User Feedback also praises FundedHero for resolving:

  • Account access problems

  • Clarification on evaluation rules

  • Deel payout delays

  • Dashboard setup queries

Is There Multilingual Support?

As of now, FundedHero’s support is primarily in English. This might be a limitation for traders who prefer customer assistance in their local languages. However, their FAQs are clearly written and easily understood even by non-native English speakers.

Pro Tip: Use Support Proactively

Here are a few smart ways to get the most out of FundedHero’s customer service:

  • Use live chat before signing up to clarify any rule you’re unsure about.

  • Take screenshots of conversations for future reference—especially rule clarifications.

  • Don’t wait until the last minute to ask for help, especially during evaluations or before your next payout.

Customer Reviews

When choosing a prop trading firm, hearing directly from traders who have experienced the platform is invaluable. Customer reviews provide insights into FundedHero’s strengths, potential weaknesses, and overall trader satisfaction.

Let’s dive into what real users are saying about FundedHero based on verified reviews from forums, social media, and trading communities.

Positive Feedback Highlights

  1. Fast and Fair Payouts
    Many traders praise FundedHero’s biweekly payout schedule, highlighting how it boosts their trading cash flow. Users frequently mention that payouts are processed smoothly via Deel, usually without significant delays.

  2. Transparent Challenge Rules
    Traders appreciate FundedHero’s clear and straightforward evaluation criteria, which reduces confusion during the challenge. The availability of one-step and two-step challenges also caters well to different trading styles.

  3. Responsive Customer Support
    Numerous reviews highlight the helpful and responsive support team, especially through live chat. Traders say the team resolves issues quickly, from account queries to withdrawal assistance.

  4. Good Trading Conditions
    Users mention the tight spreads and use of MetaTrader 5 as positive aspects. The ability to trade multiple markets with reasonable leverage adds to the firm’s appeal.

Constructive Criticism & Common Complaints

  1. Limited Educational Resources
    Some traders feel FundedHero could improve by adding more comprehensive learning materials, webinars, or mentorship programs. For beginners, this is a noticeable gap compared to bigger firms.

  2. Geographic Restrictions
    A few users noted that the firm’s payout and account opening options are not fully global, limiting access in certain countries due to payment processing or regulatory reasons.

  3. Challenge Fee Concerns
    Though the evaluation fee is competitive, a minority feel the cost can be steep if multiple retakes are needed. Traders advise budgeting carefully before committing.

Community and Social Media Sentiment

On trading forums such as Trade2Win, ForexPeaceArmy, and various Discord groups, FundedHero’s reputation is generally positive for a firm launched relatively recently.

  • Traders highlight good value for money and a fair profit split (80/20).

  • The firm is seen as an up-and-coming competitor to more established firms like FTMO and The5ers.

  • Some conversations reflect excitement about FundedHero’s biweekly payouts, which remain rare in the prop firm industry.

Pros and Cons

Before committing to any proprietary trading firm, it’s important to weigh the strengths and weaknesses to see if it fits your trading style and goals. Here’s a clear, comprehensive rundown of the main pros and cons of FundedHero based on verified features and user feedback.

Pros of FundedHero

  • Fair Profit Split
    FundedHero offers an attractive 80/20 profit split in favor of traders, allowing you to keep a significant share of your earnings.

  • Biweekly Payouts
    Unlike many prop firms that pay monthly, FundedHero processes payouts every two weeks, improving your cash flow and trading flexibility.

  • Simple and Transparent Evaluation
    Their one-step and two-step challenge options provide clarity, with well-defined profit targets and drawdown limits. This transparency helps traders focus on performance without guesswork.

  • Flexible Trading Conditions
    FundedHero supports MetaTrader 5, tight spreads, and offers access to multiple markets including forex, commodities, indices, and cryptocurrencies.

  • Responsive Customer Support
    Users consistently report quick and helpful responses from the FundedHero support team, including live chat and email.

  • No Minimum Deposit Required
    Traders pay only the challenge fee, with no upfront deposit to start, lowering the barrier to entry.

Cons of FundedHero

  • Limited Educational Resources
    Unlike some competitors, FundedHero currently offers minimal learning materials or trader mentorship programs, which might challenge beginners.

  • Geographic Limitations
    Some countries face restrictions due to payment processing or legal reasons, limiting who can open accounts or receive payouts smoothly.

  • Evaluation Fee Structure
    While the challenge fee is competitive, repeated retakes can become costly, especially if the trader struggles to pass on the first attempt.

  • Relatively New Firm
    FundedHero is still establishing its reputation and track record compared to more established prop firms, which might concern risk-averse traders.

Support Mainly in English
Customer support is primarily in English, which might be a barrier for non-English speakers.

In Conclusion

Overall Rating

  • 4.7/5
OPEN AN ACCOUNT

Min Deposit

Only evaluation fee

Regulators

N/A

Trading Platform

TradeLocker

Crypto & Forex

Yes

Total Pairs

N/A

Islamic Account

No

Trading Fees

No

Account Activation

Instantly

FundedHero is carving out a promising space in the proprietary trading industry, offering traders a balanced combination of fair profit splits, flexible evaluation challenges, and biweekly payouts. These features make it especially attractive for traders who seek quicker access to their earnings and clear, straightforward challenge rules.

Its use of MetaTrader 5, along with competitive spreads and access to a broad range of markets, supports various trading strategies, from scalping to swing trading. The firm’s responsive customer support and transparent processes further enhance the user experience, making FundedHero a reliable partner for both aspiring and experienced prop traders.

However, as a relatively new player, FundedHero has some areas to improve—such as expanding educational resources and broadening its geographic reach. Beginners might find these limitations challenging, but for disciplined traders with some experience, FundedHero provides a solid platform to grow and profit.

If you value fair profit splits, fast payouts, and a straightforward funding process, FundedHero deserves serious consideration. Like any prop firm, success depends heavily on your trading skill, discipline, and ability to manage risk effectively.

Our Findings

After thorough research and analysis of FundedHero’s offerings, policies, user feedback, and market positioning, here are our key findings that highlight what traders can expect from this prop trading firm:

Strengths

  • Trader-Centric Profit Model
    FundedHero’s 80/20 profit split is competitive and allows traders to retain a large portion of their earnings, which is a crucial factor for motivated and skilled traders.

  • Frequent Payouts
    The biweekly payout schedule stands out in the prop firm space, providing traders with more frequent access to their profits and enhancing liquidity.

  • Clear and Flexible Evaluation Structure
    With options for one-step and two-step challenges, FundedHero caters to different trader preferences and risk appetites. The evaluation rules are straightforward, promoting transparency and fairness.

  • Diverse Market Access
    Traders can access a broad range of instruments including forex, commodities, indices, and cryptocurrencies on the widely trusted MetaTrader 5 platform.

  • Strong Customer Support
    Based on customer reviews and direct testing, FundedHero’s support is responsive and helpful, offering assistance through live chat and email channels.

  • No Minimum Deposit Requirement
    FundedHero lowers entry barriers by charging only the evaluation fee, with no upfront deposit, making it accessible to a wider range of traders.

Areas for Improvement

  • Limited Educational Content
    FundedHero currently lacks a robust suite of educational resources, which can be a drawback for novice traders seeking guidance and training.

  • Geographic and Payment Limitations
    Certain regions face restrictions due to payment processing or regulatory reasons, which limits full global accessibility.

  • Relatively New Market Entrant
    As a newer firm, FundedHero is still building its reputation and long-term reliability, which may concern some traders accustomed to more established firms.

Challenge Fee Considerations
Although the evaluation fees are competitive, repeated challenge attempts may increase costs, especially for traders needing multiple retakes.

Frequently Asked Questions

To help you get a clear understanding of FundedHero, here are answers to some of the most commonly asked questions from traders considering this prop trading firm.

1. What is FundedHero?

FundedHero is a proprietary trading firm that offers traders funded accounts after successfully completing an evaluation challenge. Traders keep a large share of their profits while trading forex, commodities, indices, and cryptocurrencies on the MetaTrader 5 platform.

2. How does the FundedHero challenge work?

FundedHero offers a one-step or two-step challenge process. Traders must reach a specified profit target within set trading days while adhering to risk management rules like maximum drawdown limits. Passing the challenge grants access to a funded account with real capital.

3. What is the profit split with FundedHero?

FundedHero offers a competitive 80/20 profit split, meaning traders keep 80% of their profits, and the firm takes 20%.

4. Are there any minimum deposit requirements?

No. FundedHero does not require a minimum deposit to start trading. Traders pay only the challenge fee to participate in the evaluation.

5. How often are payouts made?

FundedHero processes payouts every two weeks (biweekly), which is faster than many other prop firms that pay monthly.

6. Which trading platforms does FundedHero support?

FundedHero supports MetaTrader 5 (MT5), a popular and advanced trading platform known for its robust features and broad market access.

7. What markets can I trade with FundedHero?

Traders can access a wide variety of markets, including forex, commodities, indices, and cryptocurrencies.

8. Is FundedHero regulated?

As a proprietary trading firm, FundedHero is not a broker and typically does not hold financial regulation licenses. However, it operates transparently with clear terms and conditions.

9. Can traders from any country join FundedHero?

FundedHero accepts traders globally but may have restrictions for certain countries due to payment processing or regulatory compliance. It’s best to check their website or contact support for specific country eligibility.

10. What happens if I fail the challenge?

If a trader does not meet the profit targets or violates risk rules, they will need to retake the challenge by paying the evaluation fee again.

11. Does FundedHero offer educational resources?

Currently, FundedHero has limited educational content. Traders seeking training or mentorship may need to look elsewhere to supplement their learning.

12. How do I contact FundedHero support?

FundedHero offers live chat and email support, with generally positive feedback regarding responsiveness and helpfulness.

References

To ensure accuracy and reliability, the information in this review was gathered from the following credible sources:

  1. FundedHero Official Website – https://fundedhero.com
    The primary source for up-to-date details on account types, evaluation challenges, fees, trading conditions, and company policies.
  2. FundedHero Terms and Conditions – https://fundedhero.com/terms
    Official documentation outlining trading rules, risk management, profit splits, and payout procedures.
  3. User Reviews and Testimonials
    Aggregated feedback from verified traders on platforms such as Trustpilot, ForexPeaceArmy, and other trading forums to assess customer support quality and overall user experience.
  4. MetaTrader 5 (MT5) Platform Information – https://www.metatrader5.com
    Details on the trading platform supported by FundedHero, including features and compatibility.
  5. Industry Comparisons and Analysis
    Various prop trading review sites and expert blogs were consulted to provide comparative insights between FundedHero and other prop firms like Blueberry Funded, FTMO, and The5ers.

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