TruFunder prop firm offers funded programs ranging from 1,000 to 200,000 USD, which seems very beginner-friendly. There is a wide selection of different funded challenges, which we will discuss in more detail later in this review. The profit share is up to 90% with a paid add-on, which increases the pricing by 20%. The starting price for the 1k challenge is just 11 USD, which seems also very attractive.
In today’s TruFunder review, we will discuss the firm’s most critical features, including fees, funding options and types, rules, platforms, assets, support, and more.
Pros & cons of TruFunder prop firm
Pros |
Cons |
| Provides access to advanced trading platforms including MT5 and cTrader | Lacks safety: is young, has very few reviews, and only offers demo accounts |
| Offers a scaling plan | There is no direct way to get access to 90% profit-sharing |
| Payouts require 1-5 business days for very slow processing | |
| Lacks educational resources | |
| Does not provide a multilingual website or support |
Quick rating of TruFunder and its features
| FPA Score | Not rated yet |
| Year founded | 2024 |
| Headquarters | Ghana |
| Minimum audition fee | 11 USD |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 1,000 USD |
| Maximum funded amount | 200,000 USD |
| Allowed daily loss | 3-5% |
| Profit target | 10% |
| Maximum trailing drawdown | 8-12% |
| Profit sharing (Payouts) | 70% |
| Trading Platforms | cTrader, Match-Trader, MetaTrader 5 (MT5) |
| Available trading markets | Forex, Commodities, Indices, Synthetics, Cryptocurrencies |
Safety of TruFunder – 0
There are zero TruFunder reviews on the FPA platform, which is always a bad sign for any prop trading firm. So, we switched to Trustpilot, where the firm also has very few reviews. In fact, there are only 2 comments, and both of them evaluate the firm’s services with a 1-star rating, which is a big red flag for the firm. The firm is incredibly young, which makes it very difficult to evaluate its reliability. It lacks crucial experience in the prop trading industry, which is another red flag, as this sector is known for fierce competition. Furthermore, all funded accounts are simulated accounts, meaning traders only access demo accounts even when they get funded.
The firm gets a 0 score in this section for being young, lacking trader feedback, and providing only demo accounts.
TruFunder Funding and Maximum Capital Allocation – 4
TruFunder funded programs are diverse and include a multitude of funded account types such as Evaluation, One-Step, Express, Trufunder Plus, and Synthetics. The evaluation, One-step, and TruFunder Plus TruFunder funding account types offer the same range of funding options including 1k, 2.5k, 5k, 10k, 25k, 50k, 100k, and 200k USD amounts. The Express TruFunder challenge offers the same starting funding options, but the highest amount is capped at 100k USD, lacking the 200k USD option. The Synthetics challenge starts from 2.5k and caps at 100k USD, offering the same options between.
TruFunder scaling plan allows traders to increase their maximum funding amount up to 1,000,000 USD, which is an impressive amount. The One-step challenge is a 1-step account, the evaluation is a 2-step challenge, Express is an instant account, Trufunder Plus is a 2-step challenge, and Synthetic offers both 1-step and 2-step modes.
As a result, the firm gets a 4 score in this section for offering a diverse range of funding options and account types.
TruFunder Assets – 2.5
TruFunder prop trading assets include Forex, Commodities, Indices, Synthetics, and Cryptocurrencies. The leverage is up to 1:100 and spreads are unfortunately higher than 0 pips.
The firm does not offer stocks or futures, which is a downside.
Overall, TruFunder gets a 2.5 score.
TruFunder Trading rules and limitations – 1.2
TruFunder rules are slightly different for each funded account type. Let’s compare them.
TruFunder Evaluation rules:
- Profit target – 7%
- Daily loss limit – 5%
- Maximum drawdown – 8%
- Minimum trading days – 4 days
TruFunder One-Step rules:
- Profit target – 10%
- Daily loss limit – 4%
- Maximum drawdown – 6%
- Minimum trading days – 4 days
TruFunder Express rules:
- Profit target – None
- Daily loss limit – 3%
- Maximum drawdown – 4%
- Minimum trading days – None
TruFunder Trufunder Plus rules:
- Profit target – 9%
- Daily loss limit – 6%
- Maximum drawdown – 12%
- Minimum trading days – 1 day
TruFunder Synthetics rules:
- Profit target – 8%
- Daily loss limit – 6%
- Maximum drawdown – 12%
- Minimum trading days – 4 days
As we can see, the only account with an attractive maximum drawdown is the Trufunder Plus challenge, which is a 2-step account. News trading is not allowed.
Overall, the firm gets a 1.2 score in the rules section.
TruFunder Fees – 3
The pricing from TruFunder is very competitive and allows even absolute beginners to start at a low budget. Since the firm is based in Ghana, this low pricing policy is understandable. The smallest fee starts from 11 dollars for 1k USD accounts and the highest 200k challenges cost around 900 dollars.
TruFunder free trial is not available, which is a downside as traders can’t test trading conditions before purchasing the challenge.
TruFunder free repeat or free reset is only available for 100k and 200k USD funded accounts, which is a downside for traders who manage smaller funded accounts.
In the end, the firm gets a 3 score in this section.
TruFunder Platforms – 4
The firm allows access to diverse trading platforms such as cTrader, Match-Trader, and MetaTrader 5 (MT5). These platforms are capable and allow custom indicators and automated trading robots. Mobile trading is also available via mobile app versions of these platforms.
Overall, the firm gets a 4 score in this section.
TruFunder Profit-Sharing – 2
TruFunder profit split starts at 70% and traders can get 90% via a paid add-on, which makes pricing 20% more expensive.
Payouts take between 1-5 business days, which is a very long time and makes the firm unattractive.
Overall, the firm gets a 2 score in this section for offering unattractive payout policies and percentages.
Education and trading tools at TruFunder – 0
TruFunder lacks educational resources and there are no webinars, trading courses, or video guides. The firm also does not offer trading blogs, which is yet another downside.
As a result, the firm gets a 0 score in this section.
Customer Support at TruFunder – 3.6
Customer support is one of the most important aspects and TruFunder offers email, live chat, and hotline support options which are flexible. The website and support are only available in the English language, which is a minor downside for the firm.
Overall, TruFunder gets a 3.6 score in the support section.
Frequently Asked Questions on TruFunder
Is TruFunder legit?
A TruFunder scam is possible as the firm lacks trader reviews and is very young. There are only 2 reviews and both of them are negative on Trustpilot.
Is TruFunder a good prop firm?
The firm presents a mixed bag of results, it offers competitive pricing, but slow payouts and low levels of safety.
What is the minimum TruFunder fee?
The smallest fee starts from 11 dollars for 1k USD accounts, which is very competitive.
