A comprehensive review of FundedBull Forex prop trading firm

FundedBull is a prop trading firm that aims to lower entry barriers for beginner traders while offering flexible funded options and low fees for experienced traders. The firm offers lowest fees of $49 for its lowest, $5,000 accounts. The rules are also very forgiving, as traders can get funded after hitting just a 6% profit target on most of the funded accounts. The firm has very positive reviews from prop traders, indicating its safety and reliability. With a multitude of trading platforms, FundedBull ensures traders do not have to learn how to use new software.

FundedBull Funded Accounts

FundedBull offers diverse funded account challenges including 1-step, 2-step, and 3-step evaluation options. The 1-step evaluation account allows traders to get funded and access real funded accounts after just hitting the profit target. The funding options range from $5k to $250k to appeal to both beginners and seasoned traders. The exact list of funded options is the same for all three accounts, 5k, 10k, 25k, 50k, 100k, and 250k US dollars. Traders can select their funded account type during the signing-up process and customize the funded option to get the most suitable account.

How to Sign up on FundedBull

Signing up at FundedBull is a straightforward process, after clicking the “purchase challenge: button traders can customize their funded challenge and select the funding amount and account type. They will have to purchase the account by entering relevant information and getting verified. For verification, traders need to use working documents. Required documents include proof of identity and proof of address documents which can be uploaded on the website.

FundedBull Rules

The rules by FundedBull are designed to benefit beginners by offering a simplistic approach. Traders are not required to use stop-loss orders, and daily loss limits are around 4% depending on the account type selected. The profit target is different for each account, but is mostly at 6%, allowing traders to achieve a funded status with little profit. This profit target is very competitive as the majority of prop firms have higher targets at around 10%. On a $5,000 funded account, traders need to make 300 dollars to qualify for real funding, which is a very realistic goal even for beginners. The maximum trailing drawdown also varies at around 6-8% depending on the funded account and is competitive. The firm allows traders to use scalping strategies and offers them low spreads.

FundedBull fees and commissions

The fees for purchasing funded accounts are very low at FundedBull, with the lowest fee being $49 for the $5,000 3-step accounts. Traders can also use various discounts and coupon codes to get even cheaper prices, which makes FundedBull one of the most competitive prop firms in the sector right now. These low fees enable FundedBull to attract traders and stay in the market in the long run. The spreads are also very low as the firm employs several liquidity providers to offer the lowest spreads and commissions. As for the not-trading fees, FundedBull does not charge commissions for inactivity or withdrawals.

Profit-sharing at FundedBull

FundedBull has a 90% profit split at all accounts, all the time. Traders are not required to purchase paid add-ons to get this profit sharing, which is very beneficial for traders who plan to make a living from prop trading. Withdrawals can be requested at any time after the trader makes at least 500 dollars on a real funded account. There are no fees charged for withdrawals, allowing traders to withdraw 90% of their profits. Payment options include bank cards and wire transfers.

FundedBull trading platforms and tools

FundedBull excels in the diversity of trading platforms, offering traders popular platforms such as DXTrade, MetaTrader 4, MetaTrader 5, cTrader, and Match-Trader. With these many platforms, every trader can find favorable trading tools and indicators. Platforms are available for both desktop and mobile, and many of them also have web trader versions. Traders can install platforms on their desktop, or mobile, or just access them via the very flexible internet browser. MT4 and MT5 also support custom indicators and Expert Advisors or automated trading robots.

FundedBull extra features

FundedBull offers discounts and free trials, allowing traders to test the firm’s conditions and buy challenges at cheap prices. The firm also has a discord community channel where it shares all news and competitions. Overall, FundedBull provides traders with numerous benefits and features to support their long-term goals.

FundedBull Education

FundedBull offers educational materials as it is suitable for beginner traders as well. The firm provides professional-grade education to beginners to ensure it onboards profitable traders who can make money for the firm.

FundedBull Support

FundedBull provides multilingual support via email, live chat, and hotline channels. The website is also multilingual, supporting traders from around the globe. The live chat is the fastest way to connect with the firm’s representatives and resolve any issues or get answers. The website is easy to navigate and support is very responsive, which is crucial.

Conclusion

Overall, FundedBull is a young and reliable prop trading firm with a multitude of positive trader reviews, which is crucial for determining the safety of any prop firm. The fees are very attractive at $49 for $5,000 accounts and the maximum funded option is at $250k. Traders can withdraw 90% of profits at all times after hitting 500 USD in profits. The profit target varies but is mostly at 6% which is very attractive and FundedBull offers a multitude of trading platforms including MT4 and MT5. The support is excellent and multilingual, and the firm also provides numerous educational resources.