Funding Frontier Prop Firm Review [2024 Challenges] (2024)

Funding Frontier is a relatively new prop firm. It’s registered and located in Compass Building, Al Shohada Road, AL Hamra Industrial Zone – FZ0000 Ras Al Khaimah. The owners are Zain Omar and Keashif Beyg.

Funding Frontier Prop Firm Review [2024 Challenges] (1)

Coupon Code for Funding Frontier

There are currently two active coupon codes at Funding Frontier.

  • TRIPLE12 – 12.5% OFF Challenge Fee + 125% Refund + 12% of Phase 2 Profits
  • TWINSAVER – Buy One Get One Free (you must pass the first account up to $100k)

Trading Platforms at Funding Frontier

At Funding Frontier, you’re able to use two platforms for trading, MT5 and cTRADER. MT5 is a multi-asset platform by MetaQuotes. cTRADERS is a platform that includes custom indicators and cBots.

Instruments Available with Funding Frontier

At Funding Frontier, you can trade:

  • Forex
  • Crypto
  • Commodities
  • Indices
Tradable InstrumentLeverage
Forex1:50
Commodities1:20
Indices1:10
Crypto1:2

You can use ThinkMarkets, and there you can trade pairs ending with “x” like EURUSDx, and GGPJPYx.

How to Make Payments at Funding Frontier

You can use Credit/Debit Cards, PayPal, and Crypto as payment options at Funding Frontier. For withdrawing your funds you can use Bank Transfer and Crypto.

Account Sizes Available at Funding Frontier

Funding Frontier offers five account sizes: $5k, $10k, $25k, $50k, and $100k.

Profit Splits in Funding Frontier

The profit share at Funding Frontier is 80:20. You get to keep 80% of your profit, and Funding Frontier keeps the remaining 20%.

Profit Targets for Funding Frontier

Funding Frontier sets profit goals for each phase in all challenge types and sizes.

In Phase 1, targets range from 7.5% to 5%.

In Phase 2, they range from 5% to 4%.

If there’s a Phase 3, the target is always 3%.

Maximum Daily Drawdown and Loss at Funding Frontier

The maximum total loss for 2-step challenges is 10%, and for 3-step challenges 5%. The maximum daily loss for the 2-step challenge is 5%, while the 3-step challenge doesn’t have any.

Minimum/Maximum Trading Days Required at Funding Frontier

The minimum trading days at Funding Frontier depend on the challenge type. The 2-step challenge has a minimum of 5 trading days with no maximum trading days limit. The 3-step challenge doesn’t have any maximum trading days limit, but the minimum number of days is 3.

Funding Frontier: Rules and Challenges

EVERY SINGLE challenge type/size$5,000$5,000$10,000$10,000$25,000$25,000$50,000$50,000$100,000$100,000$200,000
Steps2-step3-step2-step3-step2-step3-step2-step3-step2-step3-step2-step
Price$49$49$84$69$195$165$290$240$490$380$945
Profit split80%80%80%80%80%80%80%80%80%80%80%
Phase 1 profit target7.5%5%7.5%5%7.5%5%7.5%5%7.5%5%7.5%
Phase 2 profit target5%4%5%4%5%4%5%4%5%4%5%
Phase 3 profit targetN/A3%N/A3%N/A3%N/A3%N/A3%N/A
Max daily loss5%N/A5%N/A5%N/A5%N/A5%N/A5%
Max total loss10%5%10%5%10%5%10%5%10%5%10%
Minimum trading days5days3days5days3days5days3days5days3days5days3days5days
Maximum trading daysN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Commission per lot$5$5$5$5$5$5$5$5$5$5$5

Steps Available in Funding Frontier Challenge

Funded Frontier offers 2 types of challenges 2-step and 3-step challenges.

Pricing for Funding Frontier Challenge

The pricing for challenges at Funding Frontier depends on the account amount and challenge type.

Account amount$5,000$5,000$10,000$10,000$25,000$25,000$50,000$50,000$100,000$100,000$200,000
Steps2-step3-step2-step3-step2-step3-step2-step3-step2-step3-step2-step
Price$49$49$84$69$195$165$290$240$490$380$945

Commissions and Fees at Funding Frontier

Funding Frontier charges $3.50 per lot, per side as commission. So, that’s $7 for a round trip.

Funding Frontier: Refund Policies

Funding Frontier offers a refund policy where you can get back up to 25% of the registration fee if you get a funded account. To qualify for the refund, you need to reach a funded account status on the platform. Once you get your first payout, the refund is added to your profits. You won’t get a refund if you don’t achieve a funded account status.

Trial Offers at Funding Frontier

Funded Frontier doesn’t offer a free trial.

Contact Funding Frontier

If you need to reach out to Funding Frontier support, you can do it via email: [emailprotected], live chat, or social media accounts.

Payout Schedules of Funding Frontier

You need to pass the evaluation. After that, you’ll get an email with the Traders Agreement and KYC requirements. After you officially get your funded account, you’re able to ask for a payout 14 to 30 days after your first trade.

Evaluating Funding Frontier: Advantages and Disadvantages

Pros

  • Five account sizes
  • Realistic profit targets
  • No country restrictions
  • Many tradable instruments

Cons

  • Geographical advantage for UAE users
  • Profit share could be better
  • Limited scaling opportunities

Funding Frontier FAQ Section

What instruments can I trade?

Forex, commodities, indices, and crypto.


What are the spreads and commissions?

Spreads are less than 1 pip in normal market conditions. Commissions stand at $3.50 per lot, per side, and $7 per round trip.


Are EAs allowed?

Yes, EAs are allowed.


Do I have to place a stop loss on trades?

Yes. You must use a stop loss on trades once you’re a funded trader.


What is the difference between a Hard Breach and Soft Breach rule?

A soft breach means any traders breaking the rule won’t be counted, but you can still trade on your Assessment or Funded account.

A hard breach means if you break either the daily loss limit or max drawdown rule, you’re losing your funded account.


How often are the payouts?

Bi-weekly

Funding Frontier Prop Firm Review [2024 Challenges] (2024)

FAQs

How many traders pass prop firm challenge? ›

The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time.

What is the profit split in funding frontier? ›

You get to keep 80% of your profit, and Funding Frontier keeps the remaining 20%.

Is it hard to pass funded challenges? ›

To pass a challenge account with ease, you need to have a strong trading foundation. This includes developing a deep understanding of technical and fundamental analysis, practicing chart analysis and pattern recognition, and learning to use multiple time frames and indicators to confirm trading signals.

What is the failure rate of the prop firm challenge? ›

Understanding the Prop Firm Challenge

At its core, the prop firm challenge can be a way for prop firms to make money from failed challenges. This is because some sources have the failure rate of prop trading challenges at 90%. So for every 10 traders that buy a challenge, 9 will fail.

What is the revenue of Frontier? ›

Frontier, which exited bankruptcy in 2021 and embarked on a major fiber network upgrade, posted Q1 2024 revenues of $1.46 billion, a 2% increase versus the year-ago period.

What does a 80% profit split mean? ›

The profit split is 80:20 in favor of the trader, meaning that 80% of all profits will be going to the trader.

What is the profit split of MFF? ›

For a withdrawal of the entire accounts profits: Depending on your account's lifespan - Under 45 calendar days: You receive 20% of net reserves when closing the account. 46 to 90 calendar days: You receive 50% of net reserves when closing the account. 90+ days: You receive 90% of net reserves when closing the account.

What is the most trusted prop firm in 2024? ›

The 8 Best Prop Trading Firms for 2024: Most Trusted, Best Promos, Best Trading Conditions
  • Review Summary.
  • My Top Pick: Topstep Futures – 9.4/10 (Best Current Promotion) Pros. ...
  • #2: The 5%ers – 9.2/10. ...
  • #3 FTMO – 9.0/10. ...
  • Interlude: Note on prop firms #4-#8.
  • #4 Lux Trading- 8.7/10.
  • #5 FundedNext – 8.5/10.
  • #6: Funding Pips- 8.3/10.

What is the cheapest prop firm? ›

Cheapest Prop Firms Forex 2024 - with $5K Funding Accounts...
  1. The5%ers. The5%ers specializes in providing funding of up to $100,000 to forex traders. ...
  2. FTMO. ...
  3. MyForexFunds. ...
  4. Earn2Trade. ...
  5. The Funded Trader Program. ...
  6. OneUp Trader. ...
  7. Apex Trader Funding. ...
  8. True Trader.
Feb 27, 2024

What are the negatives of prop firms? ›

👎 Cons of Prop Trading

Less Regulation: Many prop trading firms, especially those offering remote trading, are not heavily regulated. This can reduce operating costs but increases the risk of losing capital due to potential fraud or mismanagement.

What percentage of traders pass the FTMO challenge? ›

There is estimated to be a 90% fail rate of traders that take the FTMO challenge. The reason behind this is due to traders chasing the profit target with a time restriction in place. A trader doesnt know when a winning streak might occur, or when they may take a string of drawdowns.

What are the odds of passing the prop firm challenge? ›

In September 2023, Forex Prop Firm published their challenge passing rates, revealing that only 10.59% of participants were able to pass the first level, and a mere 9.26% qualified for the advanced pro level.

How long should it take to pass a prop firm challenge? ›

In Summary – How Long Does It Take To Become A Funded Trader? In conclusion, it can take around 4-5 months to pass a prop firm trading challenge and become a funded trader. However, it can take much longer than that to become a profitable trader beforehand – which is a necessity.

What is the success rate of the funded trader? ›

Let's Be Realistic: The Difficulties in Funded Trading

It's time to separate fact from fiction: Success rates in Forex trading are extremely low. In fact, some traders believe it might be as low as 1%.

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