Are you an aspiring trader seeking a super-duper prop firm?! 😏
Look no further than Super Funded!
A proprietary trading firm that has been making waves in the industry since its launch in early 2023!
In this comprehensive review, we'll dive deep into the inner workings of Super Funded, dissecting their evaluation process, funding opportunities, trading infrastructure, and more!
We'll also explore everything from top to bottom, ensuring you have a well-rounded understanding of what this proprietary trading firm has to offer!
Whether you're an experienced trader or just starting your journey, this review aims to equip you with the knowledge necessary to determine if Super Funded aligns with your trading goals and aspirations.
Let's begin!
Super Funded Review | Uncovered
Super Funded is a relatively new proprietary trading firm based in Melbourne, Australia that launched in February 2023.The company is owned and operated by PropTradeTech Pty Ltd and aims to provide funding to motivated traders of up to $200,000 with a generous 80% profit split.
Super Funded has partnered with the ASIC-regulated broker Eightcap to provide its trading infrastructure. Traders must pass a one-phase evaluation program to qualify for a funded account, with profit targets of 10% and maximum loss limits of 4% daily and 8% overall. The evaluation has no minimum trading day requirements which provides flexibility.
While still early, Super Funded looks to be an attractive option for traders seeking funding, with high-profit splits, real accounts, and allowances for news, weekend, and overnight trading. The company's leadership, including the CEO, has not been publicly disclosed.
Overall, Super Funded presents an interesting new entrant in the prop trading space with trader-friendly policies, but as with any newer firm, traders should do thorough due diligence before committing capital. The company aims to enable traders worldwide to succeed and earn significant profits from their trading skills.
| Key Information | Details |
|---|---|
| CEO | N/A |
| Key features | Wide range of trading assets, User-friendly dashboard, Funded Account opportunity, Flexible Evaluation Process |
| Broker | EightCap |
| Trading Platform | MetaTrader4 and MetaTrader5 |
| Payout Split | 80% |
| First Payout | 30 days |
| Subsequent Payouts | Bi-weekly |
| Daily Drawdown | 7% |
| Headquarters | Dallas, Texas |
| Expert Advisors | Allowed |
| Max Funding | $200,000 |
| Leverage | 1:30 |
| Weekend Holding | Allowed |
| Contact | Email: support@superfunded.com |
Super Funded Key Features
- Wide Range of Trading Assets:
Super Funded partners with the broker Eightcap to offer traders access to over 500 trading assets across various markets, including Forex, Cryptocurrencies, CFDs, Oil, Indices, and Metals. This diverse range of instruments caters to traders with different strategies and preferences.
- User-Friendly Dashboard:
Traders can view their challenges, virtual funded accounts, statistics, and login details all in one place through the Super Funded Dashboard. This centralized platform streamlines the trading experience, providing a convenient way to manage and monitor trading activities.
- Funded Account Opportunity:
Super Funded offers traders the chance to manage funded accounts of up to $200,000 after successfully passing an evaluation program. This funding opportunity allows traders to trade with the firm's capital, potentially amplifying their earning potential.
- Flexible Evaluation Process:
The evaluation program to qualify for a funded account has no minimum trading day requirements. This flexibility accommodates different trading styles and schedules, allowing traders to complete the evaluation at their own pace.
Super Funded Pros and Cons
Pros
Cons
How to Sign Up for Super Funded? Step-by-Step Guide
The sign-up process is designed to be simple! It has just one evaluation phase. Make sure to review all the rules and guidelines provided by Super Funded before starting your evaluation. Take a look!
- Choose an Account Size
Super Funded offers five different account sizes for their one-step evaluation program. Select the account size you wish to start with by purchasing the corresponding evaluation program.
- Make the Payment
After selecting your desired account size, proceed to make the payment for the evaluation program fee. Super Funded accepts various payment methods like credit/debit cards, PayPal, etc.
- Receive Login Credentials
Once your payment is processed successfully, you will receive your login credentials (username, investor password, and server details) via email within 5 minutes.
- Start the Evaluation
Log in to the provided trading platform (MetaTrader 4/5) using the credentials you received. Your evaluation account will be pre-loaded with the account size you purchased.
- Meet the Evaluation Targets
Trade on the evaluation account adhering to the rules provided by Super Funded. The key targets are to reach a 10% profit target, stay within the 4% maximum daily loss limit, and stay within the 8% maximum overall loss limit
- Get Funded
If you successfully meet the profit target without violating any rules, you will immediately get a funded live account with the same initial balance as your evaluation account.
- Start Trading Live
Once funded, you can start trading live with Super Funded's capital. You are entitled to keep 80% of the profits you generate.
Super Funded Funding Programs
Super Funded offers traders the opportunity to qualify for funded accounts through an evaluation program, referred to as a challenge.
The evaluation process consists of a single phase where traders must meet specific profit targets and adhere to maximum loss limits. To pass, traders need to achieve a 10% profit target while staying within a 4% maximum daily loss limit and an 8% maximum overall loss limit.
One unique aspect of Super Funded's challenges is the lack of a minimum trading day requirement. This flexibility allows traders to complete the evaluation at their own pace, accommodating different trading styles and schedules.
Upon successfully passing the challenge, traders immediately receive a funded live account with the same initial balance as their evaluation account. They can then start trading live with Super Funded's capital, benefiting from the firm's generous 80% profit split.
While the challenges offer flexibility, meeting the profit targets consistently while adhering to the risk limits can be demanding, especially for newer traders. Proper risk management and a proven trading strategy are essential for success.
Super Funded's challenges provide a structured path for traders to showcase their skills and potentially gain access to substantially funded accounts, with the firm's trader-friendly policies adding to the appeal.
| Account Size | Price |
|---|---|
| $15,000 | $129 |
| $25,000 | $215 |
| $50,000 | $350 |
| $100,000 | $700 |
| $200,000 | $1,400 |
Super Funded Payouts
Super Funded offers traders the opportunity to manage funded accounts of up to $200,000 with a generous 80% profit split after passing a one-phase evaluation program. The evaluation requires reaching a 10% profit target while adhering to maximum loss limits, with no minimum trading days. Super Funded partners with the ASIC-regulated broker Eightcap to provide trading access across forex, crypto, commodities, and more.
Traders pay an upfront fee to purchase the evaluation, ranging from $129 for a $15,000 account up to $1400 for a $200,000 account. Once funded, traders can request payouts twice per month via methods like bank wire, PayPal, or crypto wallets. As a new firm, Super Funded has limited community feedback and payment proof available so far.
However, they aim to enable traders worldwide to earn significant profits by providing an accessible path to managing substantial capital with real accounts and trader-friendly policies like allowing news, weekend, and overnight trading.
Does Super Funded Partner with a Legit Broker?
Super funded partners with Eightcap! Eightcap is headquartered in Melbourne, Australia, and has been operating since 2009, establishing itself as a reputable player in the online trading space. As an ASIC-regulated entity, Eightcap adheres to strict regulatory standards, ensuring a secure and compliant trading environment for its clients, including Super Funded traders.
Through this partnership, Super Funded traders gain access to a diverse range of over 500 trading instruments across multiple asset classes, including forex, cryptocurrencies, commodities, indices, and more. Eightcap's trading platforms, including the popular MetaTrader 4 and MetaTrader 5, are integrated into Super Funded's ecosystem, providing a familiar and user-friendly trading experience.
Eightcap offers competitive spreads, fast execution speeds, and advanced trading tools, catering to traders with various strategies and experience levels. Additionally, the broker provides educational resources and customer support to assist traders in their trading journey.
By collaborating with an established and regulated broker like Eightcap, Super Funded ensures that its traders have access to a robust trading infrastructure, diverse market offerings, and a secure trading environment. This partnership allows Super Funded to focus on its core offering of providing funded trading opportunities while leveraging Eightcap's expertise and resources in the brokerage space.
Why Should You Choose Super Funded over Other Prop Firms?
- No Minimum Trading Days Requirement:
Super Funded's evaluation program does not have a minimum trading day requirement. Traders can complete the evaluation at their own pace, accommodating different trading styles and schedules. This flexibility sets Super Funded apart.
- Real Accounts and Diverse Asset Access:
Traders receive real, funded accounts through Super Funded's partnership with the regulated broker Eightcap. This provides access to a wide range of over 500 trading assets across forex, crypto, commodities, and more.
- Allowance for News, Weekend, and Overnight Trading:
Unlike some prop firms with restrictions, Super Funded allows trading during news events, on weekends, and overnight, catering to traders with different strategies and preferences.
- Maximum Funding Opportunity:
Super Funded offers the opportunity to manage funded accounts of up to $600,000, which is a substantial capital allocation compared to some other prop firms.
FAQs of Super Funded
What assets can be traded?
Through Eightcap, Super Funded offers over 500 trading instruments across forex, cryptocurrencies, CFDs, commodities, indices, and more.
How does the evaluation program work?
The one-phase evaluation requires reaching a 10% profit target while staying within 4% maximum daily loss and 8% maximum overall loss limits.
Are there minimum trading days for the evaluation?
No, Super Funded's evaluation has no minimum trading day requirements, allowing flexibility.
What trading platforms are used?
Super Funded utilizes the popular MetaTrader 4 and MetaTrader 5 platforms.
Can traders trade news, on weekends, and overnight?
Yes, Super Funded allows trading during news events, on weekends, and overnight.
Is Copy Trading allowed?
No, copy trading is not allowed.
Are Refunds allowed?
No, Super Funded does not allow refunds upon withdrawal.
Final Thoughts
Super Funded, the super-duper prop firm, presents an enticing opportunity for traders seeking a path to managing substantial capital with favorable terms.
The firm's one-phase evaluation process, lack of minimum trading days, generous 80% profit split, and access to diverse markets through a regulated broker make it stand out from other prop firms.
While being a relatively new player with a limited track record is a consideration, Super Funded's trader-friendly policies like allowing news, weekend, and overnight trading demonstrate their commitment to empowering traders' success.
For traders confident in their abilities and seeking an edge, Super Funded is certainly worth exploring further!
Take the time to thoroughly review their terms and conditions.
If the offering aligns with your goals and trading style, don't hesitate to take the first step and purchase an evaluation program.
The path to a funded trading career could be just an evaluation away!!!
Also Read:
