Firewood Funded
5.6 out of 10
Visit Firewood FundedAffiliate links may pay us a commission, not a better score. Check current terms before paying.
The short answer
Traders who want a static balance drawdown instead of a trailing floor, and who are willing to test a new firm with a small first purchase. You are trading from Indonesia or need a documented payout history. Parent broker FirewoodFX was blacklisted by BAPPEBTI, WikiFX rates the group 1.80/10, and no payouts are publicly documented.
Who it suits
Best for
- Traders who want a static balance drawdown instead of a trailing floor, and who are willing to test a new firm with a small first purchase.
Avoid if
- You are trading from Indonesia or need a documented payout history. Parent broker FirewoodFX was blacklisted by BAPPEBTI, WikiFX rates the group 1.80/10, and no payouts are publicly documented.
How the 5.6 adds up
5.6/10
Category assessment weighted across rules, payouts, cost, platform, support and transparency.
3 plans, from $27.90
Evaluation fee, not an account deposit. Listed prices are before promotions unless stated. Check the current contract and checkout.
PlanFromPrices by account size
Two-StepSource review prices after FIREWOOD30. 90-day limit per phase.$27.90$2K $27.90 · $5K $55.90 · $10K $86.90
One-Step FastTrackSource review prices after FIREWOOD30. Qualification 90 days; funded 360 days.$48.90$2K $48.90 · $5K $76.90 · $10K $146.90
InstantSource review prices after FIREWOOD30.$27.90$1K $27.90 · $2K $51.90 · $5K $79.90 · $10K $149.90 · $20K $300.90 · $50K $751.90
Account rules
| Profit target | 10%, then 8% |
|---|---|
| Daily loss | 6%, then 5%; funded 2% |
| Maximum drawdown | 10%, then 8% static; funded 3% static |
| Consistency and days | 5 trading days per phase; top 5 trades at most 50% of stage profit |
| Profit target | 8% |
|---|---|
| Daily loss | 3%; funded 2% |
| Maximum drawdown | 6% static; funded 3% static |
| Consistency and days | 15 trading days in qualification and funded; top 5 trades at most 50% of stage profit |
| Profit target | No evaluation |
|---|---|
| Daily loss | 2% |
| Maximum drawdown | 3% trailing |
| Consistency and days | 5 trading days; top 5 trades at most 50% of stage profit |
| Platform | FireTrader (proprietary, no MT4/MT5) |
|---|---|
| Account currency | USD |
| Commission | No commission on forex and gold |
| Consistency rule | Top-5 trades cannot exceed 50% of total stage profit |
| Inactivity rule | Account closed after 30 days without a trade |
| News trading | Banned ±5 minutes around high-impact events |
| Violation review | Manual review, no automatic rejection |
| Martingale | Allowed |
| Timezone | UTC |
Firewood Funded in numbers
- Account Sizes
- $2K to $10K
- Phase 1 Target
- 10%
- Phase 2 Target
- 8%
- Max Drawdown
- 10% static
- Daily Loss Limit
- 6%
- Profit Split
- 80%
- Min. Trading Days
- 5
- Platform
- FireTrader
Payout policy and conditions
| Profit split | 80% across all programs |
|---|
Evidence and company
Risk 1
Parent broker FirewoodFX was publicly blacklisted by Indonesia's BAPPEBTI in February 2022, the same market the prop firm explicitly targets.
Risk 2
WikiFX rates the parent broker 1.80 out of 10 and cites regulatory issues and a C-grade trading environment.
Risk 3
Maximum funded account size is $10,000 on Two-Step and One-Step. That is far below the $100K–$400K funded caps at comparable firms.
Risk 4
One-Step requires 15 minimum trading days per phase. That is three times the Two-Step minimum and double what most competing one-step programs require.
Risk 5
Trustpilot complaints on the broker side include KYC delays and account freezes that blocked withdrawal of profits. The same processes apply to funded accounts.
3 questions traders ask
What does FIREWOOD30 offer?
30% off at checkout. Listed plan fees in this review are source-review prices after the code.
Which platform does it use?
FireTrader only, not MT4 or MT5.
Is news trading allowed?
Trading is banned five minutes before and after high-impact events.
Before you choose Firewood Funded
Match the loss limits, payout conditions and eligibility to how you trade. Read the firm’s current agreement before paying.
Independent editorial review. Affiliate links may pay us a commission, not a better score. Prop trading involves risk; evaluation fees can be lost. Not financial advice.
Related reading: Model a drawdown limit · Check a consistency rule · Read our review methodology · Get your firm listed
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