Last reviewed and fact-checked: September 12, 2026
CFD prop firm, United States, launched 2024. Two-Step and Instant funding on MetaTrader 4 and MetaTrader 5, 80-90% profit split, trailing drawdown.
◎ Best for
Traders who want the cheapest entry in the trailing-drawdown tier: roughly $69 for a $10K Two-Step, no time limit, and MT4 or MT5 for an existing EA setup.
⚠ Avoid if
You need a verified payout record before funding an account. Trailing drawdown runs on every account type, a consistency rule caps single-day profit at 30-40% of cycle total, and Trustpilot removed fake reviews from the profile.
Funded Friday is running a standing discount: 10% off any challenge, Two-Step or Instant, at any account size. Use code FTR at checkout.
Rating Breakdown
Understanding the Trailing Drawdown
How it works: The drawdown floor follows peak equity upward and never resets. On a $100,000 account with a 10% trailing drawdown, if equity grows to $110,000, the breach level locks at $99,000. If the account then retraces to $98,900, even though the trader started at $100,000 and is net up $2,300 from that, the account closes. Traders who would survive an equivalent static-drawdown rule routinely lose accounts under trailing drawdown. This mechanic applies to both the Two-Step evaluation and the Instant Funded account at Funded Friday.
- No time limit on the Two-Step evaluation, so traders can take weeks or months without artificial pressure
- Entry pricing is competitive: a $10K Two-Step costs roughly $69, compared to approximately $155 at FTMO for the same size
- MT4 and MT5 supported, so traders can use any existing EA, indicator, or copy-trading setup built for MetaTrader
- News trading, scalping, overnight holds on gold and US indices, and hedging are all permitted
- Profit split starts at 80% and rises to 90% after consecutive profitable payout cycles
- Trailing drawdown on all account types means profitable traders who give back equity after a peak lose their account even when net positive from entry
- Consistency rule caps single-day profit at 30-40% of cycle total; independent reviewers identify this as the most common payout delay trigger, more so than drawdown breaches
- Trustpilot profile flagged for a guidelines breach with fake reviews removed by Trustpilot, so the public star rating is not a reliable trust signal
- Domain registered October 2024, less than two years old, with no verified payout track record on ForexPeaceArmy or WikiFX
- No cTrader support, so traders who run cTrader-only strategies cannot use this firm
Challenge Pricing
Fees shown are approximate and include the FTR discount. Verify current pricing at checkout.
Two-Step Evaluation
Instant Funded
Challenge Rules
| Funding Paths | Two-Step Evaluation, Instant Funded |
| Phase 1 Target | 8% (Two-Step only) |
| Phase 2 Target | 5% (Two-Step only) |
| Max Drawdown | 10% trailing, all account types and phases |
| Daily Loss Limit | 5%, all phases |
| Minimum Trading Days | 5 days, all phases (5 before first funded payout) |
| Time Limit | None on Phase 1 or Phase 2; 30-day inactivity rule on funded accounts |
| Drawdown Type | Trailing, peak-following, never resets |
| Profit Split | 80% base, rising to 90% after consecutive profitable payout cycles |
| Consistency Rule | Single-day profit cannot exceed 30–40% of total cycle profit before payout approval |
| Platform | MetaTrader 4 and MetaTrader 5 |
| Instruments | Forex majors/minors, XAUUSD, US100, crypto CFDs, metals |
| Leverage (Forex) | Up to 1:30 |
| Leverage (Gold / Indices) | Up to 1:20 |
| News Trading | Allowed |
| Overnight Holds (Gold, US100) | Allowed |
| Hedging | Allowed |
| EAs | Allowed for execution and risk management |
| Martingale | Not confirmed, verify with support |
| Copy Trading | Prohibited between different accounts |
| Latency Arbitrage | Prohibited |
Verdict
Funded Friday is a CFD prop firm registered as Funded Friday LLC in the United States, with a domain first registered in October 2024. Funded Friday offers two challenge types on MetaTrader 4 and MetaTrader 5: a Two-Step evaluation with no time limit, and an Instant Funded option for traders who want to skip the evaluation entirely. Instruments include forex, gold (XAUUSD), US100, and crypto CFDs, with leverage up to 1:30 on forex and 1:20 on gold and indices.
The most important thing to understand before purchasing a Funded Friday challenge is the drawdown model. Funded Friday uses trailing drawdown on all account types. The floor follows peak equity upward and never resets. On a $100,000 account with a 10% trailing rule, if equity grows to $110,000, the breach level locks at $99,000. A retrace to $98,900 closes the account, even though the trader started at $100,000 and finished net positive overall. This mechanic catches traders who would survive a static drawdown with profit intact. It is not prominently disclosed in Funded Friday’s marketing materials, and independent reviewers name it as the top reason for failed accounts.
The second biggest risk is the consistency rule, which delays payouts without being clearly explained at the purchase stage. Any single trading day that represents more than 30–40% of total cycle profit triggers a payout hold until subsequent days dilute the concentration. A strong NFP session that represents 60% of a trader’s weekly gain can push a payout two to four weeks later than expected. Funded Friday’s Trustpilot profile compounds the transparency problem: Trustpilot flagged the account for a guidelines breach and removed fake reviews after detecting coordinated review bursts. The public profile cannot be used as an independent reference point.
Funded Friday does have real positives. Entry pricing on the Two-Step is among the cheapest available, roughly $69 for a $10K challenge versus $155 at FTMO for the same size. The no-time-limit evaluation removes the most common artificial pressure in prop firm challenges. News trading, overnight gold and US100 holds, hedging, and EAs are all permitted. The profit split starts at 80% and climbs to 90% after consecutive profitable cycles. These are genuinely useful features for a specific trader profile.
As of September 2026, Funded Friday has no independently verified payout track record on ForexPeaceArmy or WikiFX, no named founder, and a Trustpilot profile damaged by its own review manipulation. FTMO has over a decade of documented payout history and offers a static drawdown option that eliminates the trailing mechanic entirely. FundingPips has documented over $200 million in payouts across more than 127,000 verified transactions. Funded Friday suits traders who are specifically drawn to its price point and are comfortable modeling trailing drawdown risk. Funded Friday is a poor fit for traders who need a documented payout history before committing capital. Use the FTR code for 10% off, start with the smallest Two-Step account size, and treat it as a test of the payout process before committing to a larger challenge. Read our review methodology for how this score was built.
FAQ
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Start small, confirm the trailing drawdown math yourself, and track your own payout experience.
5.9 / 10
FTR
⚠ Prop trading risk
Challenge fees are money at risk. Most participants never reach a payout, and funded accounts are usually simulated capital rather than live funds. Rules and pricing can change at any time, so confirm them on the firm’s own site before you pay. Nothing in this review is financial advice.
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