Kortana Review

Founded in 2023 and located in Dubai, U.A.E., Kortana is a proprietary trading firm offering innovative solutions to traders.

They provide access to substantial capital for trading in various financial instruments, including Forex, Indices, Metals, and Crypto.

Kortana is distinguished by its flexible trading conditions, a 1-step challenge, favorable profit splits, and the capacity to manage up to $200,000 in trading capital.

With excellent customer support and a range of trading platforms like MT4, MT5, and cTrader, Kortana seeks to cater to both beginner and experienced traders.

Want to try their challenges? Click here!

Kortana Prop Firm Promo Code

Take advantage of Kortana’s special offer: 27% off all challenges until May 31 when you pay with cryptocurrency. Use the code MAY27 during checkout.

Kortana Prop Firm: Company Information

• Name: Kortana
• Location: Suite #903, Al Serkal 2, Port Saeed, Deira, Dubai, U.A.E.
• Established: 2023
• Registered In: United Arab Emirates
• Owners: Jared Esguerra and Kevin Cardona

Platforms Used by Kortana Prop Firm for Trading

Traders at Kortana can utilize three major trading platforms: MT4, MT5, and cTrader. These platforms are acclaimed for their ease of use, sophisticated charting tools, and a broad range of technical indicators, suitable for traders of all skill levels.

Kortana Prop Firm: Instruments You Can Trade

Kortana offers a wide variety of trading instruments, including Forex, Indices, Metals, and Cryptocurrencies. This diverse range allows traders to diversify their investments and leverage different market conditions.

Payment Options at Kortana Prop Firm

Kortana facilitates payments through Debit/Credit Card and Cryptocurrency, with USDT (Tether) being the only supported method for withdrawals. This approach provides a secure and straightforward means of funding accounts and withdrawing earnings.

Account Size Options in Kortana Prop Firm

Kortana offers multiple account sizes to suit different trading needs:

• $10,000
• $25,000
• $50,000
• $100,000
• $200,000

This variety allows traders to select an account size that fits their trading strategies and risk tolerance levels.

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Understanding Profit Splits at Kortana Prop Firm

Kortana has a progressive profit split system:

• 1st payout: 50%
• 2nd payout: 70%
• 3rd payout: 80%
• 4th payout: 90%

This system encourages traders to stay with the firm and consistently perform well, as their profit share increases with each payout.

Kortana Prop Firm’s Approach to Profit Targets

Kortana sets an 8% profit target for traders to reach during their challenges. Hitting this target is necessary to qualify for a funded account and start earning profit splits.

Drawdown Rules and Daily/Max Loss Policy at Kortana

Kortana enforces strict risk management policies with a maximum daily loss limit of 5% and a maximum total loss limit of 10%. These limits help protect both the trader and the firm from excessive risk.

Minimum and Maximum Trading Days at Kortana

Kortana offers unlimited trading days and has no minimum trading day requirements. This flexibility allows traders to achieve the profit targets at their own pace without the pressure of a fixed timeline.

Step Challenges Available at Kortana Prop Firm

Kortana provides a simple 1-step challenge. Traders must meet the profit target and follow risk management rules to qualify for a funded account.

Costs of Entry for Kortana Prop Firm’s Challenges

The cost for participating in Kortana’s 1-step challenge varies by account size:

• $10,000 account: $147
• $25,000 account: $267
• $50,000 account: $397
• $100,000 account: $597
• $200,000 account: $999

These fees provide access to the challenge and the opportunity to manage substantial trading capital.

Commissions and Fees at Kortana Prop Firm

Kortana charges a commission of $7 per lot traded. This fee applies to all trades and should be considered when planning trading strategies.

Refund Options at Kortana Prop Firm

At present, Kortana does not offer any refundable fees. All fees for challenges are non-refundable.

Does Kortana Prop Firm Offer a Free Trial?

Kortana does not provide a free trial for its challenges. Traders must pay the challenge fee to participate and attempt to qualify for a funded account.

Payment Frequency at Kortana

Kortana’s payout schedule is structured to reward consistent performance:

• 1st and 2nd payouts: Available within 21 days of the first trade in the new trading period.
• 3rd and subsequent payouts: Available within 14 days of the first trade in the new trading period.

Traders must participate in a minimum of 5 trading days for each withdrawal.

Community Feedback

(according to Trustpilot reviews)

Strengths

• Customer Support: Many users commend Kortana FX’s customer support for helping resolve account and MT4 issues.
• Effective Tools: The Easy Funded MT5 bot is praised for its efficiency in passing challenges.
• Rapid Payouts: Users highlight the firm’s fast withdrawals and timely payouts.
• HFT Leadership: Kortana FX is considered a top firm in the high-frequency trading (HFT) space.
• IP Trading Flexibility: The ability to trade from multiple IPs is viewed as a significant advantage.

Weaknesses

• Customer Service Complaints: There are notable complaints about the lack of responsive human assistance and the closure of live chat options.
• Scam Allegations: Several users accuse Kortana FX of being a scam, citing issues like sudden account bans and invalid account status without justification.
• Payout Problems: Users report payout denials due to breaches like the “stacking rule” and IP address issues, despite following the rules.
• IP Address Breaches: Frequent complaints about IP address issues are noted, particularly from users on mobile networks or multiple devices.
• Legal Actions: Some users mention considering or taking legal action against the firm due to perceived fraudulent practices.

Kortana FAQ