TopFundr is a prop trading firm that offers educational resources and funding opportunities for traders under the leadership of Scott Taylor. The goal is to provide users with education, a full support platform, and a chance to earn without the risk and time restrictions on trades.The company is registered at 30/1 Kenilworth Court, Sir Augustus Bartolo Street, Ta’ Xbiex, Malta.
TopFundr offers 12% overall drawdown and a 5% daily drawdown, providing flexibility and freedom. At this time, they are promoting a 50% discount and up to $200,000 in available funds. Profit Sharing: 80% with upsell to 90% ( for 15% increase on fee)
| Feature | Description |
|---|---|
| Educational Content | Designed to guide traders step by step. Offers hands-on learning options with demo trading accounts. |
| Overall Drawdown | 12% |
| Daily Drawdown | 5% |
| Maximum Funding Sum | Up to $200.000 |
| Time Limit | None |
| Profit Sharing | N/A |
| Leverage | N/A |
| Pricing | N/A |
| Active owners | Scott Taylor @scotttaylorfx |
| Support | Available 24/7 |
| Platform | Tradelocker |
| Community | Provides a support network for communication with fellow traders. |
| TopFundr Promise | Offers a stable foundation with expert educators and trading mentors. |
| Joining the TopFundr Challenge Promotion | Click on Register now and get the 50% discount and up to $200.000 in available funds. |
About TopFundr CEO
Scott Taylor is the CEO and co-founder of TopFundr. He is an experienced trader and trading coach, holding the titles of co-founder and Coach at Evolution Markets FX. He uses TopFundr Academy, Discord, Facebook, Instagram and YouTube channels to educate on effective trading with minimized risk.
TopFundr Evaluation and Accounts
TopFundr has a capital up to $200,000. The program is designed to help traders no matter the experience they have. There are no time limits and you can hold trade over the weekend.
| Feature | Description |
|---|---|
| Maximum Trading Capital | Traders can get up to $200,000 in trading funds. |
| Drawdown Limit | The challenge has a drawdown of 12% |
| Promotional Offer | New users can register to waitlist and receive an exclusive 50% discount on their challenge. |
| Evaluation Duration | The TopFundr evaluation duration is unlimited. |
Restricted Countries
Afghanistan, Botswana, Burma(Myanmar), Democratic Republic of Congo(DPRK), Crimea, Cuba, Ethiopia, Iran, Iraq, Japan, Lebanon, Libya, Kenya, North Korea, Pakistan, Republic of the Congo, Russian Federation, Somalia, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Vietnam, Yemen, Zimbabwe. Customers from these countries are not allowed to use the Services, which also includes the use of the Client Portal and/or Trading Platform.
Fees
The initial fee is refunded after you pass the challenge successfully.
For specific details about individual options and fees, you can check details at the TopFundr website at www.TopFundr.com/#thechallenge.
It’s important to note that there are certain circ*mstances wher ethey do not return your fee. This includes canceling the client portal or prematurely stopping to use your account without completing the evaluation. Make sure you read their Terms and Conditions carefully.
Deposit and Withdrawal Methods and Speed
Payment methods are: credit cards and cryptocurrency and your account get’s credited immediately. The currency is in US Dollar or equivalent sum in different currencies. Have in mind that if the payment is made in a currency other than the US dollars, the amount will be converted based on the current exchange rate. Also, you will be charged for any potential exchange fees.
How to Start
Go to the Register form and open an account. When your payment is processed, you will get login details on your email address which you used to signup or through the Client Portal. To activate the TopFundr Evaluation, you must start the first demo trade using their Trading Platform.
If you don’t activate the TopFundr Evaluation within 30 calendar days from the day that it becomes available to you, the account will be suspended. And if you wish to renew it, you can send a request by using a Client Portal or by emailing [emailprotected] within 6 months of the initial suspension. Otherwise, they will terminate the service without a fee refund.
Support 24/7
You can request the evaluation or more information by sending a request to: [emailprotected]
Authors Opinion
As with any new venture, it’s important to approach with caution and do your research, especially if you’re dealing with investments and trading.
Pros:
- Traders can be allocated up to $200,000 in trading funds, providing significant resources for trading activities.
- The permissible drawdown of 12% strikes a balance between risk management and trading flexibility, potentially reducing the impact of market fluctuations.
- Specifics regarding the Funded Account Challenge and Payment Panel are transparent and clear.
- Attractive Promotional Offer: New participants joining the waitlist receive an exclusive 50% discount on their initial challenge, reducing entry barriers.
Cons:
- Limited User Reviews: Due to being a new prop firm, there are limited real user reviews available.
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