Kortana Review

Founded in 2023 and based in Dubai, U.A.E., Kortana is an innovative proprietary trading firm.

They provide traders with substantial capital to trade various financial instruments, including Forex, Indices, Metals, and Crypto.

Kortana stands out for its flexible trading conditions, a 1-step challenge, favorable profit splits, and the ability to manage up to $200,000 in trading capital.

Their commitment to excellent customer support and offering multiple trading platforms like MT4, MT5, and cTrader positions them as a top choice for both novice and experienced traders.

Interested in their challenges? Click here!

Kortana Promo Code

Enjoy a special offer from Kortana: 27% off all challenges until May 31 when paying with cryptocurrency. Apply code MAY27 at checkout.

Kortana Prop Firm Details

• Company Name: Kortana
• Address: Suite #903, Al Serkal 2, Port Saeed, Deira, Dubai, U.A.E.
• Founded: 2023
• Registration: United Arab Emirates
• Owners: Jared Esguerra and Kevin Cardona

Trading Platforms

Kortana offers access to three leading trading platforms: MT4, MT5, and cTrader. These platforms are recognized for their intuitive interfaces, advanced charting tools, and a comprehensive range of technical indicators, catering to traders at all levels.

Instrument Range

Kortana provides a broad selection of trading instruments, including Forex, Indices, Metals, and Cryptocurrencies. This diversity enables traders to diversify their investments and take advantage of various market conditions.

Payment Options

Kortana accepts payments via Debit/Credit Card and Cryptocurrency, with USDT (Tether) as the only withdrawal method. This flexibility ensures a secure and convenient process for funding accounts and withdrawing earnings.

Account Size Variations

Kortana offers multiple account sizes to cater to different trading needs:

• $10,000
• $25,000
• $50,000
• $100,000
• $200,000

This variety allows traders to choose an account size that fits their trading strategies and risk tolerance.

Profit Sharing Structure

Kortana adopts a progressive profit split structure:

• 1st payout: 50%
• 2nd payout: 70%
• 3rd payout: 80%
• 4th payout: 90%

This structure encourages traders to stay with the firm and consistently perform well, as their profit share increases with each payout.

Profit Targets

Kortana sets an 8% profit target for traders to achieve during their challenges. Meeting this target is essential to qualify for a funded account and start earning profit splits.

Drawdown and Loss Rules

Kortana enforces strict risk management rules with a maximum daily loss limit of 5% and a maximum total loss limit of 10%. These limits are designed to protect both the trader and the firm from excessive risk.

Trading Day Requirements

Kortana offers unlimited trading days and has no minimum trading day requirements. This flexibility allows traders to achieve the profit targets at their own pace without the pressure of a fixed timeline.

Challenge Steps

Kortana offers a 1-step challenge. Traders need to hit the profit target and comply with risk management rules to qualify for a funded account.

Challenge Costs

The pricing for Kortana’s 1-step challenge varies by account size:

• $10,000 account: $147
• $25,000 account: $267
• $50,000 account: $397
• $100,000 account: $597
• $200,000 account: $999

These fees provide traders access to the challenge and the potential for substantial trading capital.

Fees and Commissions

Kortana charges a $7 commission per lot traded. This fee applies to every trade and is an important factor for traders to consider.

Refund Policy

Currently, Kortana does not offer any refundable fees. All fees paid for challenges are non-refundable.

Free Trial Availability

Kortana does not provide a free trial for its challenges. Traders must pay the challenge fee to participate and attempt to qualify for a funded account.

Payout Schedule

Kortana’s payout schedule is designed to encourage consistent performance:

• 1st and 2nd payouts: Available within 21 days of the first trade in the new trading period.
• 3rd and subsequent payouts: Available within 14 days of the first trade in the new trading period.

Traders must complete at least 5 trading days to qualify for each withdrawal.

Positive & Negative feedback

(according to Trustpilot reviews)

Positive

• Effective Tools: The Easy Funded MT5 bot is praised by users for its effectiveness in passing challenges.
• Customer Support: Kortana FX’s customer support receives positive feedback for resolving account credential and MT4 issues.
• Fast Payouts: Users frequently mention fast withdrawals and timely payouts as major benefits.
• HFT Expertise: Kortana FX is recognized as a top firm in the high-frequency trading (HFT) industry.
• Trading Flexibility: The ability to trade from multiple IPs is viewed as a convenient feature.

Negative

• Scam Allegations: Many users accuse Kortana FX of being a scam, mentioning sudden account bans and invalid account status without clear reasons.
• Payout Issues: Users report problems with payout denials due to breaches like the “stacking rule” and IP address issues, even when they followed the rules.
• Customer Service Issues: Significant complaints about the lack of human assistance and the closure of live chat are noted.
• IP Address Problems: Frequent complaints about IP address breaches are highlighted, especially from mobile or multi-device users.
• Legal Considerations: Some users are considering or taking legal action against the firm due to perceived fraudulent practices.

FAQ Section