- Real accounts with up to $1,000,000 in genuine capital.
- Bi-weekly payouts with profit shares of 70% to 90%.
- 1:100 leverage for Standard challenge accounts.
- Permitted overnight positions and news trading.
- Exclusive benefits for Extended challenge accounts.
Super Funded
- Real accounts with allocation capital up to $600,000.
- Generous 90% profit split.
- Flexible trading: news, weekends, and overnight.
- No minimum trading days.
- Simplified one-step evaluation.
Cons ❌
Funded Academy
- Lot size restrictions
- 1:10 leverage on Extended challenge accounts
- Monthly payouts on Extended challenge accounts
Super Funded
- Lack of community feedback
- Lack of payment proof
- Consistency rule
- Low leverage 1:30, 1:20, and 1:2
Rules 📋
Funded Academy
Lot Size Limit, Maximum Daily Loss, Maximum Loss, No Weekend Holding, Profit Target, Stop Loss Required, Third Party Copy Trading Risk, Third Party EA Risk
Super Funded
Consistency Rule, Maximum Daily Loss, Maximum Loss, Maximum Trading Days, No Copy Trading Allowed, Profit Target, Third Party EA Risk
Funded Academy presents a substantial offering for the serious retail trader seeking significant capital backing. Operating since July 2021, the firm grants access to real accounts with a maximum capital allocation of $1,000,000. The profit-sharing model is highly rewarding, ranging from 70% to 90%, with payouts occurring every two weeks, an enticing feature for traders aiming to collect gains on a regular basis. A leverage of 1:100 is made available for Standard challenge accounts, which is suitable for traders with a moderate risk appetite.
Funded Academy allows flexibility in trading strategies, including overnight positions and news trading, which can be pivotal for taking advantage of events that impact the markets significantly. For traders opting for the Extended challenge accounts, there are additional exclusive benefits, making the proposition even more appealing.
The account sizes vary to accommodate different levels of trader experience and financial capacity. From $10,000 to the touted $1,000,000 USD accounts, the array of options means scalability in trading operations. The range of tradeable instruments includes cryptocurrencies, forex, indices, metals, and stocks, providing a diversified investment portfolio potential.
Funded Academy's adherence to stringent rules such as lot size limit, maximum daily loss, and the necessity for a stop-loss order indicates a disciplined approach to risk management. This is likely designed to ensure longevity and sustainability of both the traders' careers and the firm's capital.
However, the exact cons of Funded Academy still need to be critically evaluated, since having information on potential downsides is as crucial as understanding the benefits.
Analyzing Super Funded
Super Funded is a newcomer, launched in February 2023, emerging into the prop trading scene with a less conventional approach to trader evaluation and management. A standout feature is the unusually generous 90% profit split, providing a significant incentive for traders. The firm also promises real accounts with capital allocation up to $600,000.
A major benefit of Super Funded is the flexibility in trading practices, allowing for trading over weekends, overnight, and during news events, which caters to various trading styles and preferences. Furthermore, there are no minimum trading days, which could suit traders with varying schedules and a need for greater freedom in their trading routine.
The simplified one-step evaluation process can be particularly attractive to new traders or those looking for a quick start with the firm. Moreover, the fact that Super Funded offers various account sizes denominated in USD caters to the broad audience despite being a recent firm.
Deposits and withdrawals are facilitated by common methods, with the addition of Deel for withdrawals, which could offer more convenience to international traders. The tradeable instruments cover commodities, cryptocurrencies, forex, and indices, albeit lacking the option for trading stocks compared to Funded Academy.
Super Funded does impose a consistency rule among others, which might serve to ensure trader discipline and risk management. Yet, traders operate under low leverage options of 1:30, 1:20, and as low as 1:2, potentially limiting those who pursue more aggressive strategies.
One concern with Super Funded is the lack of community feedback and payment proof. Given its infancy, the absence of a substantive community track record may deter risk-averse traders from committing. Nevertheless, as time progresses, the firm will likely accumulate more user testimonies and evidence of its reliability.
Comparison and Conclusion
Both Funded Academy and Super Funded offer compelling opportunities for retail traders looking to trade with significant capital backing. Funded Academy, being more established, provides reassurance through an established operational history and diverse trading instrument options. Its stricter rules and range of account sizes position it as a firm targeting disciplined and possibly more experienced traders.
Super Funded, though newer and less established, offers a streamlined entry into trading with its one-step evaluation and unrivaled profit-sharing terms. Its flexible trading conditions and simplified processes may attract a newer wave of traders seeking less complexity and greater profit potential.
Traders must weigh the risk management rules and leverage provided against their personal trading style and risk tolerance. A critical factor in the decision-making process will be the level of operational transparency and community endorsement, areas where Funded Academy may currently hold the edge due to its longer-term presence in the market.
Ultimately, retail traders and potential users need to conduct thorough due diligence when considering a partnership with either of these firms, noting that while opportunities exist, each firm's structure, rules, and offerings cater to differing trader profiles and preferences.
