FXCI
Use promo code "FUNDEDTRADING" and get 15% discount. Challenge cost $42, funding amount $5K!
MasterFunders 2024: Earn up to 90% with trusted Prop Firm
MasterFunders offers a funded account of up to $200,000, master the art of trading on our cutting-edge simulation platform, and receive up to 90% of your simulated profits. Step into the future of prop trading now!
Updated 27-07-2024
Advantages
✓ High Profit Split: Earn up to 90% of your simulated profits.
✓ Large Funded Accounts: Access funded accounts up to $200,000.
✓ Advanced Simulation Platform: Utilise a state-of-the-art trading platform.
✓ Global Reach: Clients from over 100 countries are registered with us.
✓ Affordable Challenges: Start with challenges as low as $5.
✓ Instant Account Access: Quick and easy registration process.
✓ Best Trading Conditions: Benefit from quick execution, raw spreads, and low commissions.
✓ Flexible Reset Feature: Restart challenges or revert to initial balance if needed.
✓ Biweekly Payouts: Receive payouts every 14 days.
✓ Comprehensive Education: Access high-end educational materials, lectures, and webinars.
✓ Large Funded Accounts: Access funded accounts up to $200,000.
✓ Advanced Simulation Platform: Utilise a state-of-the-art trading platform.
✓ Global Reach: Clients from over 100 countries are registered with us.
✓ Affordable Challenges: Start with challenges as low as $5.
✓ Instant Account Access: Quick and easy registration process.
✓ Best Trading Conditions: Benefit from quick execution, raw spreads, and low commissions.
✓ Flexible Reset Feature: Restart challenges or revert to initial balance if needed.
✓ Biweekly Payouts: Receive payouts every 14 days.
✓ Comprehensive Education: Access high-end educational materials, lectures, and webinars.
Disadvantages
❌ Simulated Environment: Trading is done in a simulated environment, not with real funds.
❌ Strict Trading Objectives: Must meet specific objectives to progress and qualify.
❌ Withdrawal Process: Payouts are processed biweekly, which might be slower for some traders.
❌ Strict Trading Objectives: Must meet specific objectives to progress and qualify.
❌ Withdrawal Process: Payouts are processed biweekly, which might be slower for some traders.
Advantages
✓ High Profit Split: Earn up to 90% of your simulated profits.
✓ Large Funded Accounts: Access funded accounts up to $200,000.
✓ Advanced Simulation Platform: Utilise a state-of-the-art trading platform.
✓ Global Reach: Clients from over 100 countries are registered with us.
✓ Affordable Challenges: Start with challenges as low as $5.
✓ Instant Account Access: Quick and easy registration process.
✓ Best Trading Conditions: Benefit from quick execution, raw spreads, and low commissions.
✓ Flexible Reset Feature: Restart challenges or revert to initial balance if needed.
✓ Biweekly Payouts: Receive payouts every 14 days.
✓ Comprehensive Education: Access high-end educational materials, lectures, and webinars.
✓ Large Funded Accounts: Access funded accounts up to $200,000.
✓ Advanced Simulation Platform: Utilise a state-of-the-art trading platform.
✓ Global Reach: Clients from over 100 countries are registered with us.
✓ Affordable Challenges: Start with challenges as low as $5.
✓ Instant Account Access: Quick and easy registration process.
✓ Best Trading Conditions: Benefit from quick execution, raw spreads, and low commissions.
✓ Flexible Reset Feature: Restart challenges or revert to initial balance if needed.
✓ Biweekly Payouts: Receive payouts every 14 days.
✓ Comprehensive Education: Access high-end educational materials, lectures, and webinars.
Disadvantages
❌ Simulated Environment: Trading is done in a simulated environment, not with real funds.
❌ Strict Trading Objectives: Must meet specific objectives to progress and qualify.
❌ Withdrawal Process: Payouts are processed biweekly, which might be slower for some traders.
❌ Strict Trading Objectives: Must meet specific objectives to progress and qualify.
❌ Withdrawal Process: Payouts are processed biweekly, which might be slower for some traders.
About MasterFunders
MasterFunders is a premier prop trading firm dedicated to empowering traders worldwide. Our platform offers cutting-edge simulation technology, allowing traders to develop and master their trading strategies without risking their own capital. With a focus on innovation and excellence, we provide the tools and support needed to succeed in the competitive world of trading.
Key benefits:
◉ Advanced Clients Area: The Advanced Clients Area provides enhanced tools, insights, and resources for a superior trading experience. Whether you're an experienced trader or a beginner, this platform helps you trade smarter and more efficiently.
◉ Account Analysis Tool: Gain deep insights into your trading performance with Account Analysis features. Understand your trading patterns to refine your strategies effectively.
◉ Expert Customer Support: At MasterFunders , the expert support team is here to assist you every step of the way, ensuring you have the guidance needed for successful trading.
◉ Tailored Trading Education: Access comprehensive educational resources tailored to enrich traders at every level, fostering continuous growth and success.
◉ Career Opportunities: Transform your trading passion into a rewarding career. Demonstrate consistency and discipline over 12 months to join the Asset Management team, with a contract offering a fixed salary and performance-based bonuses.
◉ Account Analysis Tool: Gain deep insights into your trading performance with Account Analysis features. Understand your trading patterns to refine your strategies effectively.
◉ Expert Customer Support: At MasterFunders , the expert support team is here to assist you every step of the way, ensuring you have the guidance needed for successful trading.
◉ Tailored Trading Education: Access comprehensive educational resources tailored to enrich traders at every level, fostering continuous growth and success.
◉ Career Opportunities: Transform your trading passion into a rewarding career. Demonstrate consistency and discipline over 12 months to join the Asset Management team, with a contract offering a fixed salary and performance-based bonuses.
How it works?
Start with our challenge to demonstrate your trading skills and discipline while meeting specific trading objectives.
Qualifying Phase:Successfully complete the challenge and move on to the qualifying phase, where you continue to refine your strategies.
MasterTrader Status:Upon successful qualification, trade on a MasterFunders Account and earn up to 90% of your simulated profits. Scale up your account based on performance and consistency.
Choose from challenges:
◉ Core Challenges
◉ Lite Challenges
◉ 24-Hour Speed Challenge
◉ Core Challenges
◉ Lite Challenges
◉ 24-Hour Speed Challenge
Core Challenge
Opt for Core Challenge if you're looking for a comprehensive trading experience. These challenges feature balanced profit targets and maximum drawdown limits, ideal for those who prefer a steady approach to advancing their trading career.
Lite Challenge
Lite Challenge offers approximately half the profit target and maximum drawdown requirements of the Core Challenges, with no daily loss restriction. This setup is perfect for traders who prefer a more agile and dynamic trading environment.
24-Hour Speed Challenge
Participate in an adrenaline-fueled 24-hour trading challenge. Achieve a 10% profit target while maintaining a maximum drawdown of 20%. Execute 5 unique profitable trades with a minimum profit of 2% each, trading with leverage up to 1:500.
Additionals features:
◉ Scaling Plan
This structured plan allows traders to increase their initial account balance by 25% every three months, achieving a total increase of 100% by the end of the year. To qualify, traders must:
- Achieve a cumulative profit target of 10% each quarter (40% in 12 months).
- Secure at least 4 payouts per quarter.
- Ensure the account balance is above the initial balance at the time of scale-up.
◉ Career Path
MasterFunders offers a unique career path for promising traders. Over 12 months, traders who achieve a 40% profit target and demonstrate consistent success can become professional MasterTraders. Benefits include a fixed salary, a 90/10 profit split, access to a higher trading balance, and the opportunity to relocate to Cyprus and work from the MasterFunders offices.
Transform your trading into a career and join a vibrant community of professional traders with MasterFunders .
Transform your trading into a career and join a vibrant community of professional traders with MasterFunders .
MasterFunders Trading Rules
- News Trading: is allowed.
- EAs & Trade Copiers: are not allowed.
Inactivity Rule:There is a 30-day maximum inactivity rule. If you remain inactive without a trade for more than 30 days while a challenge is open, the challenge will be considered failed.
Prohibited Strategies:- Exploiting Errors: Gap trading, server spamming, front running, high-frequency trading, arbitrage, or any strategy exploiting service errors or giving an unfair advantage is prohibited.
- Harmful Trades: Scalping, latency arbitrage, revenge trading, over-leveraging, over-exposure, and one-sided bets are prohibited.
- Hedging Across Accounts: Purchasing two accounts and hedging between them is prohibited.
- Third-Party Services: Using third-party account management or challenge-passing services is prohibited.
- Collaboration: Collaborating with other traders to manipulate trading outcomes is prohibited.
- Gambling Behaviour: Gambling or all-or-nothing behaviour is prohibited.
- Exploiting Technical Issues: Profiting from platform issues or errors is prohibited.
Consistency in Strategy:- After achieving funded status, traders must continue using the same strategy as during the Challenge. Changes in trade size, instruments, or frequency are not allowed.