Risk Warning: Your capital is at risk. 74-89% of retail investors lose money when trading CFDs.
You should consider whether you can afford to take the high risk.
Established in September 2023 with its headquarters in Sydney, Australia, DeiFunded Prop Firm is designed to facilitate traders in showcasing their abilities and acquiring funding.
The evaluation process at DeiFunded consists of two distinct stages on the MetaTrader 5 platform, in collaboration with Kubera Capital Markets.
The firm provides a wide selection of tradable assets including cryptocurrencies, energies, forex, indices, and metals, and offers accounts ranging in size from $5,000 to $200,000 to suit various levels of trading expertise.
DeiFunded is noted for its generous profit sharing terms and versatile trading options, making it an appealing choice for prop trading enthusiasts.
DeiFunded Prop Firm: Get Coupon Code
At present, research indicates no specific coupon code exists for DeiFunded Prop Firm.
Introduction to DeiFunded Prop Firm
Official Company Name
DeiFunded is the officially registered name of the prop trading firm, according to the information provided.
Prop Firm’s Address
Lacking a physical address, DeiFunded likely emphasizes an online-centric business model. This is a strategic choice reflective of modern prop firms that focus on digital operations and accessibility across the globe.
Establishment Date
DeiFunded, launched in September 2023, is a fresh entrant in the proprietary trading arena. The firm has quickly set up an extensive array of services aimed at attracting trading professionals.
Business Registration
Operating from Sydney, Australia, DeiFunded benefits from a comprehensive regulatory environment, providing traders with assurances regarding the firm’s compliance and ethical governance.
Ownership status
The firm is under the ownership of Dr. Shane Healy and Brin Taylor, whose leadership integrates deep financial market acumen with strategic business insights, propelling the firm forward in the competitive field of prop trading.
Platforms for Trading at DeiFunded Prop Firm
For trading, DeiFunded employs MetaTrader 5 (MT5), chosen for its advanced feature set that supports both novice and expert traders.
What Instruments Does DeiFunded Prop Firm Offer?
DeiFunded provides provides a wide portfolio of instruments including cryptocurrencies, energies, forex, indices, and metals.
Options for Payment at DeiFunded Prop Firm
At DeiFunded, traders can choose between credit cards and cryptocurrencies for payments, ensuring a seamless and adaptable funding experience.
Different Account Sizes at DeiFunded Prop Firm
DeiFunded provides account options of $5,000, $10,000, $25,000, $50,000, $100,000, and $200,000, allowing traders to start at a level comfortable for them and scale as their trading strategies evolve.
DeiFunded Prop Firm’s Approach to Profit Sharing
At DeiFunded, traders begin with a favorable 80%-20% profit share, which can enhance to 90%-10% upon achieving consecutive successful payouts, providing a substantial incentive for trading success.
Profit Goals at DeiFunded Prop Firm
At DeiFunded, the two-phase evaluation strategy involves an 8% profit target in Phase 1 and a 5% target in Phase 2, designed to gauge a trader’s proficiency in navigating various market conditions for consistent profit generation.
DeiFunded Prop Firm: Loss and Drawdown Limits
DeiFunded implements critical risk management policies with maximum daily losses capped at 5% and total losses not to exceed 10%, applicable across all phases and for funded traders, to mitigate financial risks effectively.
DeiFunded Prop Firm’s Minimum/Maximum Trading Day Requirements
DeiFunded provides a trading timeline that mandates a minimum of four days for each evaluation phase, but does not set a maximum, giving traders ample opportunity to achieve their targets at a comfortable pace.
Step Challenge Options
Phase 1 is verification and Phase 2 is evaluation, ****so the company offers only 2-step challenges, at this moment.
Cost of Joining DeiFunded Prop Firm’s Challenge
Cost per Account Size:
- $5k – $59
- $10k – $129
- $25k – $229
- $50k – $329
- $100k – $469
- $200k – $899
These fees fund the simulation tools and resources needed for the evaluation phases.
Understanding Fees and Commissions at DeiFunded Prop Firm
The fee structure for forex trading at DeiFunded Prop Firm includes a $4 per lot commission, with a clear policy of no undisclosed extra charges.
Are Fees at DeiFunded Refundable?
DeiFunded’s refund policy is designed to offer flexibility, issuing refunds immediately after the successful completion of evaluation challenges, with varying percentages based on the evaluation tier.
Trial Periods Available at DeiFunded Prop Firm
DeiFunded does not provide trial offers for its evaluation processes or funded accounts, meaning traders must purchase one of the challenge programs to experience the firm’s services.
Frequency of Payouts
Bi-weekly payouts at DeiFunded ensure that traders receive their earnings regularly, helping them to effectively plan and manage their financial strategies.
Pros vs. Cons based on Trustpilot reviews
- Effective Support: The support team, especially Brin, receives accolades for efficient service.
- Satisfactory Onboarding: Positive experiences reported during the entire trading setup process.
- Quick Resolutions: The team is proactive in addressing and resolving trading issues swiftly.
- Delayed Payouts: Complaints about payout delays suggest potential administrative inefficiencies.
- Technical Glitches: Malfunctions with the V2 Dashboard disrupt the trading process.
- Inconsistent Service: Fluctuating quality in customer support leads to uneven user satisfaction.
DeiFunded FAQ
Like the Australian spirit, they are always moving forward. They are not a broker or a financial institution, and thus, they are not registered with any Australian regulatory body.
How do you contact DeiFunded?
Via the contact page located here or by emailing [email protected].
Do they accept traders from anywhere in the world?
Yes, DeiFunded operates in over 150+ countries, ensuring global accessibility for traders worldwide.
How does DeiFunded ensure the safety of your funds?
DeiFunded doesn’t act as a broker or financial institution. Therefore, we don’t manage or hold customer funds in investments. We offer simulated trading in demo accounts and do not provide platforms for customers to trade with their actual funds.
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