DeiFunded Prop Firm, inaugurated in September 2023 in Sydney, Australia, offers traders a well-defined route to validate their trading skills and secure investment.
The firm’s assessment involves a two-step evaluation on the MetaTrader 5 platform, carried out in conjunction with Kubera Capital Markets.
DeiFunded provides a rich selection of tradable assets including cryptocurrencies, energies, forex, indices, and metals, with account sizes tailored from $5,000 to $200,000, catering to a variety of trading skill levels.
With favorable profit splits and adaptable trading environments, DeiFunded is positioned as an optimal choice for those looking to enter prop trading.
Looking to get started? Create your account today!
Coupon Codes for DeiFunded Prop Firm
Currently, there is no coupon code reported for DeiFunded Prop Firm provided on the website.
DeiFunded: Company Details
Legal Name
The officially registered name of the prop trading firm is DeiFunded, according to the provided information.
DeiFunded Prop Firm’s Address
The absence of a physical address for DeiFunded Prop Firm points to its primary operation online, reflecting a common strategy among new-age prop trading firms to leverage digital platforms.
Date of Establishment
Starting its operations in September 2023, DeiFunded is one of the newest additions to the prop trading industry, focusing on developing trader talent.
Where is DeiFunded Prop Firm Registered?
The firm is strategically registered in Sydney, Australia, benefiting from the region’s strong regulatory standards.
Who Leads DeiFunded Prop Firm?
DeiFunded is owned and led by Dr. Shane Healy and Brin Taylor, whose backgrounds in finance and business steer the company’s strategic decisions.
DeiFunded Prop Firm’s Trading Platform Choices
The platform of choice at DeiFunded Prop Firm is MetaTrader 5 (MT5), which is equipped with extensive tools for technical analysis and supports complex trading algorithms.
The Instruments You Can Trade with DeiFunded Prop Firm
With a diverse offering of financial instruments like cryptocurrencies, energies, forex, indices, and metals, DeiFunded enables traders to tailor their investment strategies effectively.
How to Pay at DeiFunded Prop Firm
The payment methods available at DeiFunded, including credit cards and cryptocurrencies, reflect the firm’s commitment to providing convenient and modern financial services to traders globally.
DeiFunded Prop Firm’s Array of Account Sizes
The firm provides diverse account sizes, including $5,000 to $200,000, to support traders at various stages of their trading journey, from novices to seasoned professionals.
The Profit Sharing System at DeiFunded Prop Firm
DeiFunded’s profit split begins at 80%-20%, but with continued successful payouts, it can improve to 90%-10%, offering traders a significant portion of the profits and aligning the firm’s interests with their success.
Profit Targets at DeiFunded Prop Firm
DeiFunded’s evaluation protocol comprises two phases, each with specific profit objectives: an 8% target in Phase 1 and a reduced 5% target in Phase 2, aimed at assessing consistent profit generation skills.
Loss Rules and Daily Drawdown
DeiFunded stipulates a 5% limit on daily losses and 10% on total losses across evaluation phases and for funded traders, as part of its comprehensive risk management strategy.
Maximum/Minimum Trading Days at DeiFunded
To meet evaluation criteria at DeiFunded, traders are expected to participate for a minimum of four days per phase. The absence of a maximum limit allows for extended strategic trading as needed.
Step challenges available at DeiFunded
DeiFunded’s evaluation challenges are split into two phases, each designed to assess a trader’s skills and risk management capabilities across different trading scenarios.
DeiFunded Prop Firm Challenge Fee Breakdown
Cost per Account Size:
- $5k – $59
- $10k – $129
- $25k – $229
- $50k – $329
- $100k – $469
- $200k – $899
These fees fund the simulation tools and resources needed for the evaluation phases.
DeiFunded Prop Firm’s Other Fees and Commission Details
DeiFunded’s pricing model for forex trading involves a straightforward $4 commission per lot, with a guarantee of no hidden fees to ensure clarity for traders.
DeiFunded Prop Firm and Their Refund Policy
DeiFunded’s approach to refunds involves immediate reimbursement following successful evaluation challenges, with variations in refund percentages tailored to the challenge tier selected by traders.
Does DeiFunded Prop Firm Offer Free Trials?
Without free trial periods at DeiFunded, traders looking to assess the firm’s offerings need to engage with one of the paid evaluation challenges.
Trader Payout Schedule at DeiFunded
The payout schedule at DeiFunded is structured on a bi-weekly basis, offering traders reliable intervals for receiving their profit shares and planning their finances accordingly.
Trustpilot Assessment of DeiFunded Prop Firm: Pros & Cons
- Support Efficiency: The support team, particularly Brin, is noted for their professionalism and efficiency.
- User Engagement: From registration to trading, the process is seamless, making traders feel prioritized.
- Active Problem Resolution: The team is quick to act on and resolve any issues that arise.
- Financial Delays: Notable delays in financial transactions have led to concerns about the firm’s stability.
- Operational Glitches: Issues with the V2 Dashboard’s functionality have been a significant point of trader dissatisfaction.
- Service Inconsistency: Reports of inconsistent customer support have emerged, indicating a need for improved service delivery.
DeiFunded Prop Firm Website FAQ
Any day you place a buy and sell order with a P/L of at least $1.
Which trading platforms can you use to trade?
They offer MT5 across all of our evaluations. They will notify the customers if they introduce new platforms and feel free to contact them if you would like to make any recommendations.
How do I request a payout?
Once you have passed the verification and evaluation phases navigate to the “Withdrawals” section on our platform, where you’ll find the option to request a payout. Once submitted, they will review the request and contact you to organise KYC checks and payment as quickly as possible, or to discuss any potential issues with the request.
Want to test your skills? Create an account today!
