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.
Direct Funded Trader was established in February 2023. This prop firm is registered in Dubai, in the United Arab Emirates. The owner is Arthus Kaziu.
They focus on traders, offer various funding options, and provide good profit splits, changing forex trading worldwide. Traders at Direct Funded Trader can trade in forex pairs, commodities, indices, and cryptocurrencies, with many trading opportunities.
Direct Funded Trader Coupon Codes
Currently, Direct Funded Trader doesn’t have any active coupon codes.
Platforms for Trading at Direct Funded Trader
MT4 and MT5 are the two available trading platforms at Direct Funded Trader.
What Instruments Direct Funded Trader Offer?
The available instruments are:
- Cryptocurrencies (ETH/BTC only)
- Energies
- Forex
- Indices
- Metals
Options for Payment at Direct Funded Trader
You can pay with cryptocurrencies and Credit/Debit cards.
Different Account Sizes at Direct Funded Trader
Each Challenge has different account sizes. The Evaluation Challenge has five account sizes that go from $15k to $200k. The other two challenges have four account sizes from $15k to $200k.
Direct Funded Trader Approach to Profit Sharing
Initially, you get 80% of the profits. Once you’ve received more than five payouts, it increases to 90%. The profit share resets to the default 80% if you fail.
Profit Goals at Direct Funded Trader
The first step of the Evaluation Challenge has a 8 profit target, and 5% profit target in the second stage. The other two challenges, Fast Funding Aggressive and Standard Challenge have a 10% profit goal.
Direct Funded Trader: Loss and Drawdown Limits
The Maximum Daily Loss:
- Evaluation Challenge – 5% Daily Loss
- Fast Funding Standard – 4% Daily Loss
- Fast Funding Aggressive – 4% Daily Loss
The Maximum Overall Loss:
- Evaluation Challenge – 10% Max Overall Loss
- Fast Funding Standard – 7% Max Overall Loss
- Fast Funding Aggressive – 7% Max Overall Loss
Direct Funded Trader Minimum/Maximum Trading Day Requirements
There are no limits when it comes to the maximum number of trading days. But, there is a minimum of 5 trading days. This is for all challenges.
Cost of Joining Direct Funded Trader Challenge
Evaluation Challenge
Account Size | Price |
---|---|
$15k | $100 |
$25k | $199 |
$50k | $299 |
$100k | $479 |
$200k | $979 |
Fast Funding Standard
Account Size | Price |
---|---|
$15k | $150 |
$25k | $280 |
$50k | $359 |
$100k | $590 |
Account Size | Price |
---|---|
$15k | $190 |
$25k | $320 |
$50k | $390 |
$100k | $620 |
Are Fees at Direct Funded Trader Refundable?
Yes, fees are fully refundable only if you don’t reset the challenge. If you do reset the challenge, you’ll get refunded only the most recent fees you paid to get your account.
Trial Periods Available at Direct Funded Trader
There are no trials at Direct Funded Trader. But, fortunately, they offer a free retry option.
Understanding Fees and Commissions at Prop Firm Name
There is a $5 commission on all pairs.
How Can I Contact Direct Funded Trader?
You can contact the Direct Funded Trader customer support via Live chat and email:[email protected].
Frequency of Payouts
Payouts can be requested every two weeks. Only the first payment is requested after a month.
Pros vs. Cons based on Trustpilot reviews
- Spreads are good
- Fast customer support
- Website design easy to use
- Payouts are fast
- Some rules aren’t as transparent
Direct Funded Trader FAQ
Yes, you can trade over the weekend on Evaluation, Fast Funding Standard, and funded accounts, including Crypto instruments. However, remember to watch out for market gaps for Forex pairs, Indices, and Commodities during weekend trading hours.
An Evaluation account is a two-phase trading evaluation where traders meet objectives in Phase I and Phase II. The Fast Funding account is similar but has only one phase.
Yes, restricted countries include:
United Arab Emirates (UAE)
Pakistan
Vietnam
Iran
USA
Myanmar
The leverage is 1:100 on FX Instruments.
Yes, you can trade on mobile devices.