Funded Academy is a CFD prop firm launched in 2026 with challenge accounts from $5,000 to $200,000 on MT5 and cTrader. It offers a 1-Step and two 2-Step models with no time limits and no consistency rule. The first payout is on demand, and the bi-weekly cycle processes within 12 hours. Use code FT30 for 30% off any evaluation.
Rating Breakdown
Pros
- No time limit on any challenge model
- No consistency rule on any account type
- First payout on demand with no minimum wait
- MT5 and cTrader both supported
- Fast funded account issuance within 12 hours of KYC
- Scaling path up to $1,000,000 allocation
- Extensive local payment options across Asia, Africa, and LATAM
- Zero commission on index instruments
- 2-Step Pro Flex allows overnight holding on funded accounts
- High leverage on 2-Step (up to 1:100 on forex)
Cons
- Founded in 2026 — very limited public payout track record
- Mixed early reviews online including support responsiveness concerns
- EAs require prior written approval — not open by default
- No overnight holding on 1-Step and 2-Step Standard funded accounts
- No hedging or cross-account copy trading permitted
- News trading restricted to a 2-minute window on funded Standard accounts
- 1-Step uses trailing drawdown — tighter to manage as equity grows
- US traders restricted from participation
Account Plans and Pricing
1-Step Challenge Rules
| Evaluation type | Single-phase |
| Profit target | 10% |
| Time limit | None |
| Min. trading days | 4 days |
| Max drawdown | 8% trailing (from equity peak) |
| Daily loss limit | 4% |
| Consistency rule | None |
| Forex leverage | 1:30 |
| Profit split (starting) | 85% |
| Fee refund | Included with first payout |
2-Step Standard & Pro Flex Challenge Rules
| Evaluation type | Two-phase |
| Phase 1 profit target | 7% |
| Phase 2 profit target | 5% |
| Time limit | None |
| Min. trading days | 4 days per phase |
| Max drawdown | 10% static (fixed from starting balance) |
| Daily loss limit | 5% |
| Consistency rule | None |
| Forex leverage | 1:100 (Standard) / 1:50 (Pro Flex) |
| Profit split (starting) | 80% |
| Fee refund | Included with first payout |
Payouts
| First payout | On demand after completing evaluation and KYC |
| Default cycle | Bi-weekly (every 2 weeks) |
| Processing time | Within 12 hours |
| Profit split | 85% (1-Step start) / 80% (2-Step start); scales to 95% |
| KYC required | Yes, after passing challenge phases |
| Funded account issued | Within 12 hours of KYC completion |
| Verified total paid | Not publicly disclosed |
Trading Conditions
| Platforms | MetaTrader 5 (MT5) and cTrader |
| Instruments | Forex, indices, commodities, crypto (count not publicly disclosed) |
| Crypto leverage | 1:1 across all models |
| Indices leverage | 1:5 (1-Step) / 1:15 (2-Step Std) / 1:7 (Pro Flex) |
| Index commissions | Zero commission |
| News trading (challenge) | Unrestricted on all models |
| News trading (funded) | 2-minute restriction window (Standard); unrestricted (Pro Flex) |
| Overnight / weekend (challenge) | Allowed on all models |
| Overnight / weekend (funded) | Not allowed on 1-Step and 2-Step Standard; allowed on Pro Flex |
| Expert Advisors | Allowed with prior written approval |
| Hedging | Not permitted |
| Copy trading | Not permitted |
| Scaling path | Up to $1,000,000 with consistent profitable performance |
| US traders | Restricted |
Our Verdict
Funded Academy launched in 2026 with a ruleset built to attract traders who want fewer restrictions at the evaluation stage. No time limit, no consistency rule, news trading unrestricted during the challenge, and a first payout on demand are genuinely strong terms. On paper, this is one of the more trader-friendly evaluation structures in the CFD prop firm space right now.
The most important thing to understand before signing up is that Funded Academy is brand new. It has a company registration from 2025 and launched commercially in 2026. There is no publicly disclosed total payout figure, no meaningful Trustpilot track record, and early community feedback has been mixed, with some traders reporting difficulties reaching support. That does not make it a scam, but it does mean the payout reliability score reflects the reality of zero verifiable track record, not the quality of the rules on paper.
The 2-Step Pro Flex model deserves attention. It allows overnight holding on funded accounts and unrestricted news trading post-evaluation, which the standard 2-Step and 1-Step funded accounts do not. If your strategy involves holding trades overnight or trading around news releases, Pro Flex is the only model here that actually supports it at the funded stage. Choosing the wrong model and then getting caught by the overnight restriction is a common complaint pattern with newer firms, so read this carefully before purchasing.
The 1-Step trailing drawdown is worth being careful about. Unlike the static drawdown on the 2-Step models, the trailing drawdown on the 1-Step moves up with your equity peak. If you hit 4% profit and then drawdown, your floor is now higher than it was at the start. Traders used to static drawdown firms sometimes do not account for this and hit the floor without realising. Check your position sizing before starting any 1-Step programme.
EA users need to contact Funded Academy before purchasing a challenge. EAs are allowed but require prior written approval. This is a different policy from firms that simply permit all EAs by default, and running an unapproved EA on an account risks disqualification.
Overall, Funded Academy has a solid rulebook for a new firm, and the local payment infrastructure across Asia, Africa, and LATAM is a genuine differentiator for traders in those regions. But given its age, we would treat this as a firm worth watching rather than a first-choice destination for significant capital. Start with a smaller challenge size, verify the payout process personally, and scale from there. Read our review methodology for how we weight track record in our scores.
Funded Academy Coupon Code and Discount
The current Funded Academy coupon code is FT30, which gives 30% off any challenge account. Enter it at checkout on the Funded Academy website. It applies to all account sizes and all challenge models.
At 30% off: a $100,000 2-Step Standard challenge drops from approximately $624 to around $437. A $50,000 1-Step challenge drops from approximately $341 to around $239. The evaluation fee is refunded with your first funded payout regardless of whether you used a discount code.
| Code | FT30 |
| Discount | 30% off |
| Applies to | All challenge account sizes and models |
| Last verified | July 2026 |
Frequently Asked Questions
Is Funded Academy a legitimate prop firm?
Funded Academy is a registered company (Funded Academy Ltd., Saint Lucia, Reg. No. 2025-00736), founded in 2026 by Sal Azad. It is a very new firm with limited public track record. There are early mixed reviews online, including some concerns about support responsiveness. It is not regulated by a financial authority, which is standard for prop firms in this space. Exercise normal due diligence given its short operating history — start with a smaller challenge size and verify the payout process before scaling up.
What challenge types does Funded Academy offer?
Funded Academy offers three programmes: 1-Step (single-phase, 10% profit target, 8% trailing drawdown, 85% starting split), 2-Step Standard (7% Phase 1 and 5% Phase 2, 10% static drawdown, 80% starting split), and 2-Step Pro Flex (same targets and drawdown as Standard but with unrestricted news trading and overnight holding on funded accounts). Account sizes range from $5,000 to $200,000, with a scaling path to $1,000,000.
What is the drawdown rule on Funded Academy challenges?
Funded Academy uses different drawdown models depending on your programme. The 1-Step uses an 8% trailing drawdown that moves with your equity peak — as your account grows, your floor rises with it, which tightens your room to manoeuvre. The 2-Step Standard and Pro Flex use a 10% static drawdown fixed from your starting balance, which stays in place regardless of profits. Daily loss limits are 4% on 1-Step and 5% on 2-Step models.
Can I use EAs or trade during news on Funded Academy?
EAs are allowed but require prior written approval before use — do not assume your EA is permitted without confirming this with Funded Academy support. News trading is unrestricted during challenge phases on all models. On funded accounts, Standard and 1-Step accounts have a 2-minute restriction window around major news events. Pro Flex funded accounts have no news trading restriction.
What is the Funded Academy coupon code?
The Funded Academy coupon code is FT30, which gives 30% off any challenge account. Enter the code at checkout on the Funded Academy website. It applies to all account sizes across all three programme types: 1-Step, 2-Step Standard, and 2-Step Pro Flex.
Ready to try Funded Academy?
No time limit. No consistency rule. MT5 and cTrader. First payout on demand. Use code FT30 for 30% off.
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