Funded Kings Prop Firm Review

Funded Kings has made a name for itself in the prop trading world with a diverse range of challenges and account options available, from $25,000 to $300,000 in size. The firm’s unique offering of both 1-step and 2-step challenges addresses the varied preferences of traders, combined with competitive pricing and a generous 80% profit share agreement. Strategic considerations are heightened by the imposition of maximum daily loss limits and overall loss thresholds, which vary depending on the chosen challenge.

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Funded Kings Prop Firm: Coupons

Currently, Funded Kings does not promote any specific coupon codes. However, stay alert for potential future promotions or special offers.

A Closer Look at Funded Kings Prop Firm

Funded Kings’ official headquarters is located at 8 The Green Dover, DE 19901, USA. Legal name is undisclosed on the website as well as year of registration and identity of the owners.

Funded Kings Prop Firm’s Available Trading Platforms

Funded Kings elevates the trading experience with TradeLocker, an advanced platform that integrates seamlessly with TradingView charts, requiring no download.

Trading Instruments Offered at Funded Kings Prop Firm

Funded Kings provides traders access to a range of instruments, including Forex, Gold, Silver, Commodities, Indices, and Cryptocurrencies like Bitcoin.

Payment Options at Funded Kings Prop Firm

Funded Kings accepts all major credit and debit cards, along with various cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dogecoin, Tether, and USD Coin.

Account Size Varieties at Funded Kings Prop Firm

Funded Kings offers a spectrum of account sizes to cater to different trading styles and risk tolerances, ranging from $25k to $300k.

Profit Share Dynamics in Funded Kings Prop Firm

The firm maintains a uniform 80% profit share across all account sizes and challenge types, aligning its interests with those of its traders.

Profit Targets Across Challenges

For 1-step challenges, the profit target is consistently set at 10%, while 2-step challenges have targets of 8% in phase 1 and 5% in phase 2.

Max Daily/Total Loss and Drawdown Rules at Funded Kings Prop Firm

Funded Kings sets a 4% maximum daily loss for 1-step challenges and 5% for 2-step challenges, with total loss thresholds at 6% and 10%, respectively.

Maximum/Minimum Trading Days Policy at Funded Kings Prop Firm

The minimum trading days required is one day for 1-step challenges and a 5% minimum for 2-step challenges, irrespective of the account size.

Challenge Participation Fees

Challenge fees range from $199 for a $25k account to $1429 for a $300k account in 1-step challenges, and from $149 to $1399 in 2-step challenges.

Funded Kings Prop Firm’s Fee and Commission Details

A flat commission rate of $7 per lot is applied across all challenges and account sizes at Funded Kings.

Are Fees Refundable at Funded Kings?

Funded Kings provides a conditional refund policy for its fees, detailed on their website.

Does Funded Kings Prop Firm Offer Free Trials?

No free trials are offered, as Funded Kings focuses on providing real capital and live trading experiences to qualified traders.

Payout Intervals at Funded Kings

Funded Kings allows traders to access their earnings on a weekly basis, offering a consistent income stream from trading.

Breaking Down Funded Kings Prop Firm’s Pros and Cons (According to Community Reviews)

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Funded Kings FAQ section

How Do I Start?

The road to becoming a Funded Kings Trader could not be easier. To start, all you need to do is create a Funded Kings Account by following these simple steps:

• Sign Up on fundedkings.com.
• Open your Email Inbox and find our Verification Email.
• The Verification Link will redirect you to our concise Registration Form.
• You will need to provide your Full Legal Name, including Middle Name(s), and create a Password.
• Accept our T&C, and please confirm you are 18 years or older.
• Press on “Confirm”

That is all you need to do to become a Funded Kings Trader! You will obtain immediate access to your Funded Kings Account, ready to start your first Funded Account Challenge!

How Do I Become a Funded Trader?

We have structured our evaluation in a manner that simplifies the journey to becoming a Funded Trader. We care about our traders, protecting them from minor errors, and creating a trading environment that allows them to become professionals in risk management potentially.

• Single Phase Challenge*

Our Single Challenge Name is a single-phase Funded Account Challenge, where in the single phase of the Challenge, you will trade on a Demo Account.  We have set the following criteria that you need to successfully meet in this phase to become a  Funded Trader:

• Single Phase Profit Target: 10%
• Single Phase Daily Drawdown: 4%
• Single Phase Overall Drawdown: 6%
• Minimum Trading Days: 1 day
• Challenge Duration: Unlimted
• Consistency Rule: 30%

When you have successfully completed our [Single Challenge Name]  your performance as a trader will be evaluated by our team to selected as a Funded Trader, where you will trade on a Live Account.

• Two Phase Challenge*

Phase 1: Evaluation Stage In the first phase of our Funded Account Challenge, you will trade with a Demo Account, In this preliminary stage, we have set the requirements to begin the assessment of our traders. To pass this stage, traders much meet the following criteria: 8% Profit Target 5% Maximum Daily Drawdown 8% Maximum Overall Drawdown Minimum of 5 Trading Days 30% consistency rule When you have successfully completed our Evaluation Stage (Phase 1), you will proceed to Phase 2, the Verification Stage. Phase 2: Verification Stage In the second stage of the Funded Account Challenge, you will prove your ability as a trader to build profit. Once you have passed the Evaluation Stage, you will receive New Credentials to log in to your new Demo Account for the second phase. In this stage, you will need to meet the below requirements:

• 5% Profit Target
• 5% Maximum Daily Drawdown
• 8% Maximum Overall Drawdown
• Minimum of 5 Trading Days
• 30% consistency rule

Once you have passed our Verification Stage, our team will meticulously assess your performance, and you will then become a fully-fledged Funded Kings Funded Trader.

How Do I Withdraw Profits?

You can withdraw profits as a Funded Kings Funded Trader simply by requesting payouts for any profits that you generate on a weekly basis. To be eligible for your first payout, you must meet the following criteria: The first Payout Request can be requested 1 week after your First Trade. We will only pay out if your profit exceeds $100 (calculated from Equity Gain made during the previous week). Subsequent payouts will happen every Friday on a weekly basis.

What Payout Methods Are Available?

You can view our current Payment Methods that are available on our Trading Platform as you proceed to the Withdrawal Section. Any payouts will ONLY be paid to our Funded Traders who have completed our entire Verification Process and have not violated any of our Funded Account requirements. You can update your Payment Details at any time through your Trader’s Portal, we will send you an email informing you that you have added/removed a Payment Method, as an extra security measure.

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