Funding Frontier is a relatively new proprietary firm. It is registered in the UAE. The company headquarters is at: Compass Building, Al Shohada Road, AL Hamra Industrial Zone – FZ0000 Ras Al Khaimah. This dynamic business is the brainchild of co-owners, Zain Omar and Keashif Beyg.
Coupon Codes for Funding Frontier
Funding Frontier has 2 active coupon code offers.
- TRIPLE12 – 12.5% OFF Challenge Fee + 125% Refund + 12% of Phase 2 Profits
- TWINSAVER – Buy One Get One Free (you must pass the first account up to $100k)
Funding Frontier: Company Details
Check the most important details about Funding Frontier company:
- Legal Name: First Frontier FZ-LLC (“First Frontier”)
- Funding Frontier’s Address: Compass Building, Al Shohada Road, AL Hamra Industrial Zone – FZ0000 Ras Al Khaimah. UAW
- Date of Establishment: April 2023
- Where is Funding Frontier Registered: United Arab Emirates
- Who Leads Funding Frontier: Zain Omar and Keashif Beyg.
- Company registration number: 880730-474P-xzsJ-44022039
Funding Frontier’s Trading Platform Choices
You can choose between 2 platforms for trading, MT5 and cTRADER. MT5 is a multi-asset platform and cTRADERS offer you custom indicators and cBots.
The Instruments You Can Trade with Funding Frontier
Tradable Instrument | Leverage |
---|---|
Forex | 1:50 |
Commodities | 1:20 |
Indices | 1:10 |
Crypto | 1:2 |
How to Pay at Funding Frontier
For purchase you can use:
- Credit/Debit Cards
- PayPal
- Crypto
For withdrawing your funds you can use
- Bank Transfer
- Crypto
Funding Frontier’s Array of Account Sizes
Funding Frontier offers five account sizes: $5k, $10k, $25k, $50k, and $100k.
The Profit Sharing System at Funding Frontier
At Funding Frontier, the profit share is set at 80%:20%. This means you get 80% of your trading earnings, while the remaining 20% goes to Funding Frontier.
Profit Targets at Funding Frontier
Profit goals are set for every phase and for all challenge types and sizes:
- In Phase 1, targets range from 7.5% to 5%.
- In Phase 2, they range from 5% to 4%.
- If there’s a Phase 3, the target is always 3%.
Loss Rules and Daily Drawdown
In 2-step challenges, the greatest overall loss allowed is 10%. For 3-step challenges, it is at 5%. On a daily basis, a 5% loss is the limit for the 2-step challenge. For the 3-step challenge there is no daily drawdown limit.
Maximum/Minimum Trading Days at Funding Frontier
At Funding Frontier, the number of minimum trading depends on the challenge type. For the 2-step challenge, you must have a minimum of 5 trading days, without an upper limit. As for the 3-step challenge, you need to have 3 trading days, it also doesn’t have a fixed maximum limit.
Funding Frontier Challenge Fee Breakdown
Account | $5,000 | $5,000 | $10,000 | $10,000 | $25,000 | $25,000 | $50,000 | $50,000 | $100,000 | $100,000 | $200,000 |
---|---|---|---|---|---|---|---|---|---|---|---|
Steps | 2-step | 3-step | 2-step | 3-step | 2-step | 3-step | 2-step | 3-step | 2-step | 3-step | 2-step |
Challenge Fee | $49 | $49 | $84 | $69 | $195 | $165 | $290 | $240 | $490 | $380 | $945 |
Funding Frontier’s Fee and Commission Details
Funding Frontier charges $3.50 per lot, per side as commission. So, that’s $7 for a round trip.
Funding Frontier and Their Refund Policy
Funding Frontier has a refund policy that allows you to reclaim up to 25% of your registration fee once your account is funded. To be eligible for this refund, your account needs to have the funded status on their platform. After you get your first payout, they add the refund amount to your total earnings.
Does Funding Frontier Offer Free Trials?
No. Funding Frontier doesn’t have free trials.
Trader Payout Schedule at Funding Frontier
Payouts are set to be bi-weekly. But first, you need to pass the evaluation. After that, you’ll get an email with the Traders Agreement and KYC requirements. After you officially get your funded account, you can request payments 14 or 30 days after your first trade.
Trustpilot Assessment of Funding Frontier: Pros & Cons
Trustpilot overall score for Funding Frontier is pretty high: 4.5 out of 5 stars, from 243 reviews.
- Five account sizes
- Realistic profit targets
- No country restrictions
- Many tradable instruments
- Geographical advantage for UAE users
- Profit share could be better
- Limited scaling opportunities
Funding Frontier Website FAQ
After they confirm your payment, Trading Platform and Dashboard credentials will be on your email within 5 minutes. For crypto payments, order confirmation duration relies on network congestion and blockchain verification.
For local bank transfers, they issue your account when they receive payment evidence and funds appear in our account. This process often happens right away, but occasionally it may take 2-4 hours.
Trading Period
All challenges have unlimited trading time to complete.
Are EAs allowed?
Yes, EAs are allowed. However, the use of EAs of Martin Gale (of all forms – manual trading and EA), High-Frequency Trading, Ultra-Fast Scalping, Latency Arbitrage Trading, any Tick Scalping Strategies, any Reverse Arbitrage Trading, any Hedge Arbitrage Trading, or any use of similar emulators are not allowed.
Do I have to place a stop loss on trades?
You are required to use a stop loss after you pass the evaluation phase and are a funded trader.
Can I trade news?
Yes, news trading is permitted. However, keep in mind that this involves increased risk and there is a possibility of slippage due to the high volatility and liquidity during these periods.
Can I hold trades over the weekend?
Yes, you can hold trades over the weekend. However, swaps will be charged for overnight positions.
When does the daily drawdown reset?
The daily drawdown resets at 5pm EST. In order for the daily drawdown to reset in the traders dashboard, all positions are required to be closed prior to the time.