Limitless Funding is a relatively new prop firm. It’s established in July 2023, and registered in Zagreb, Croatia. The owner of Limitless Funding is Katarina Trgo. The evaluation process is made to fit both experienced and beginner traders.
Limitless Funding Available Trading Platforms
Limitless Funding offers MT4 and MT5 platforms. These two are highly popular user-friendly trading platforms with modern features.
Trading Instruments Offered at Limitless Funding
At Limitless Funding, you can trade FX pairs, Metals, Equity Shares, CFD Indices, and Cryptocurrencies. The leverage of each depends on the challenge type and instrument.
Instrument Type | 2-Phase Evaluation Leverage | 1-Phase & 3-Phase Accounts Leverage | Add-On Doubling |
---|---|---|---|
Forex | 30:1 | 20:1 | Yes |
Metals | 30:1 | 20:1 | Yes |
Indices | 30:1 | 20:1 | Yes |
Equity Shares | 10:1 | 10:1 | Yes |
Cryptos | 4:1 | 4:1 | Yes |
Payment Options at Limitless Funding
There are two payment options to choose from at Limitless Funding: Bank Transfer and Cryptocurrencies. They’ll soon have one more option, a Stored-Value Limitless Funding Card.
Account Size Varieties at Limitless Funding
Limitless Funding offers six different account sizes:
- $5k
- $10k
- $25k
- $50k
- $100k
- $200k
Contact Limitless Funding
The Limitless Funding customer support is available via live chat and email: [email protected]. They also have Discord and other social media accounts you can message them on.
Profit Share Dynamics in Limitless Funding
If you buy add-ons, your profit share is up to 90%. Without them, you’ll get 75% for 1-Phase and 80% for 2-Phase.
Profit Targets Across Challenges
The one-phase evaluation has a profit target for all account sizes 10%. The two-phase evaluation is 10% profit target for the first step, and 5% for the second step. The three-phase evaluation has a 5% profit target for all steps.
Max Daily/Total Loss and Drawdown Rules at Limitless Funding
You can lose up to 5% daily in the one-phase evaluation, and up to 4% in the two-phase evaluation. The beginner friendly three-phase evaluation doesn’t have a daily loss limit.
The maximum overall loss is 5% for the three-phase evaluation, 6% for the one-phase evaluation, and 8% for the two-phase evaluation.
Maximum/Minimum Trading Days Policy at Limitless Funding
You have unlimited time to finish the evaluation process.
How to Pass Limitless Funding Challenges
To pass any prop firm challenge, not only Limitless Funding, you need to demonstrate your trading skills and risk management abilities. You should make sure you’re sticking to the rules given by Limitless Funding. Creating a strategy and staying disciplined is something you also need to consider. By making sure you’re not breaking any rules, and you’re meeting the targets, you should be able to pass the Limitless Funding challenge.
Challenge Participation Fees
Challenge | $5K | $5K | $5K | $10K | $10K | $10K | $25K | $25K | $25K | $50K | $50K | $50K | $100K | $100K | $100K | $200K | $200K |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Steps | 2-Steps | 1-Step | 3-Steps | 2-steps | 1-Step | 3-Steps | 2-Steps | 1-Step | 3-Steps | 2-Steps | 1-Step | 3-Steps | 2-Steps | 1-Step | 3-Steps | 2-Steps | 1-Step |
Price | $58 | $53 | $42 | $98 | $65 | $67 | $125 | $158 | $154 | $289 | $298 | $212 | $439 | $598 | $332 | $829 | $1198 |
Limitless Funding Fee and Commission Details
Limitless Funding doesn’t charge fees. They use RAW accounts from ThinkMarkets, which do have commission charges for some instruments like Forex and Equity Share CFDs.
Are Fees Refundable at Limitless Funding
Limitless Funding has an easy to pass evaluation process, so they don’t offer any refunds with payouts.
Does Limitless Funding Offer Free Trials?
No.
Payout Intervals at Limitless Funding
Payouts are done once a month. You can request a payout once in 30 days.
Breaking Down Limitless Funding Pros and Cons (According to Community Reviews)
- No hidden rules
- Great customer support
- Dashboard is user-friendly
- Great website design
- New prop firm
Limitless Funding FAQ Section
After you pass the evaluation, your account and documents will be checked (for KYC verification). After you sign the Trader Agreement, you’ll get your funded account within 48 business hours.
What Countries are accepted?
Every country, except those listed by OFAC.
Can I use an Expert Advisor (EA)?
Yes. You can use EAs.
How many accounts can a single user have?
You can’t have two accounts of the same size at the same time.
After a user passes an evaluation and receives their funded account, is there a time limit before they can request their first payout?
No. There is no time limit before you can request your first payout.