Direct Funded Trader was established in February 2023. The company is based in Dubai, United Arab Emirates. The owner of the Direct Funded Trader is Arthur Kaziu. The company offers 80-90% profit split to traders with 1:100 leverage for all challenges.
Coupon Codes for Direct Funded Trader Prop Firm
There are no coupon codes at this time. We will make sure to update the information if the coupons become available.
Direct Funded Trader: Company Details
- Legal Name: GFT GROUP LLC
- Direct Funded Trader Prop Firm’s Address: Business Center 1, M Floor, The Meydan Hotel, Nad Al Sheba, Dubai, United Arab Emirates.
- Date of Establishment: February 2023
- Where is Direct Funded Trader Prop Firm Registered: UAE
- Who Leads Direct Funded Trader Prop Firm: Arthur Kaziu.
Direct Funded Trader Prop Firm’s Trading Platform Choices
- MetaTrader 4 ( MT4), is recognized in the trading world for its user-friendly interface, extensive features, and device compatibility
- MetaTrader 5 ( MT5), has more types of orders and better analysis tools.
The Instruments You Can Trade with Direct Funded Trader Prop Firm
There are 5 instrument types you can trade with on Direct Funded Trader. Those are: crypto ( only ETH and BTC), energies ( oil, gas…), forex, indices, metals ( gold, silver, platinum…).
How to Pay at Direct Funded Trader Prop Firm
Direct Funded Trader accepts: Crypto ( BTC and ETH), Credit and Debit cards for transactions.
Direct Funded Trader Prop Firm’s Array of Account Sizes
The Fast Funding Standard and Fast Funding Aggressive challenges have 4 account sizes, from $15k to $100k.
The Evaluation Challenge has 5 account sizes. These accounts go from $15k to $200k.
The Profit Sharing System at Direct Funded Trader Prop Firm
The profit split is 80% at the start of the challenges, but as you progress, the conditions get better.
After you make at least 5 payouts, your profit share increases to 90%. But if you are not consistent, the profit share will go back to 80%.
Profit Targets at Direct Funded Trader Prop Firm
The 2-step Evaluation challenge has a 8% profit goal in the first stage.
The second stage requires a 5% profit.
The Fast Funding Standard Challenge and Fast Funding Aggressive have a 10% profit target.
Loss Rules and Daily Drawdown
Maximum Daily Loss:
Evaluation Challenge – 5% Loss
Fast Funding Standard – 4% Loss
Fast Funding Aggressive – 4% Loss
Maximum Overall Loss:
Evaluation Challenge – 10% Loss
Fast Funding Standard – 7% Loss
Fast Funding Aggressive – 7% Loss
Maximum/Minimum Trading Days at Direct Funded Trader
Minimum is 5 trading days. For all challenges the maximum trading days are unlimited.
Direct Funded Trader Prop Firm Challenge Fee Breakdown
Account Size | Price (Standard) | Price (Aggressive) |
---|---|---|
$15,000 | $150 | $190 |
$25,000 | $280 | $320 |
$50,000 | $350 | $390 |
$100,000 | $590 | $620 |
Direct Funded Trader Prop Firm’s Fee and Commission Details
The commission is $5 per lot. This fee and approach ensure that all traders have the same affordable rate.
Direct Funded Trader Prop Firm and Their Refund Policy
You will get the fees refunded with the first successful payout. If you reset the challenge in the middle, you’ll only get refunded the most recent fees you paid to get your account.
Does Direct Funded Trader Prop Firm Offer Free Trials?
No. There are no free trials available. But they do offer a free retake. This means you can retake your challenge free of charge.
Trader Payout Schedule at Direct Funded Trader
First payout can be requested after a month, and all next bi-weekly.
Trustpilot Assessment of Direct Funded Trader Prop Firm: Pros & Cons
Direct Funded Trader has a pretty high score of 4.2/5 on Trustpilot. At this time, there are 68 reviews submitted to the Trustpilot platform.
- Great Trustpilot Rating of 4.2/5
- Two Unique Funding Programs
- Professional Trader Dashboard
- A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Stocks, Cryptocurrencies)
- Leverage up to 1:100
- No Maximum Trading Period
- Scaling Plan
- Bi-weekly Payouts
- Profit Share of 80%
- Cashback of $3 per Traded Lot During Evaluation Phases
- Overnight Holding Allowed
- Weekend Holding Allowed (Except Standard Fast Funding)
- News Trading Allowed
- Low Leverage with Aggressive Fast Funding
- No Weekend Holding on Standard Fast Funding
- Minimum Trading Day Requirements of 5 Days
Direct Funded Trader Prop Firm Website FAQ
You can hold trades over the weekend on Evaluation Accounts, Fast Funding Standard accounts, and funded accounts. Weekend trading is also allowed for Crypto instruments (check crypto trading hours). Be aware of the risks with market gaps for Forex pairs, Indices, and Commodities, which don’t stay open during weekend trading hours.
An Evaluation account is a two-phase trading evaluation. Traders select a capital amount and meet trading objectives in Phase I and Phase II. The Fast Funding account is similar but has only a one-phase challenge.
Restricted countries are:
United Arab Emirates (UAE)
Pakistan
Vietnam
Iran
USA
Myanmar
The leverage is 1:100 on FX Instruments.
Yes, you can.