Funded Academy Review
2.0

Funded Academy Review

Funded Academy is a team of traders who saw problems preventing traders from getting the best environment they could in the prop firm industry and are aiming to deliver the best for their clients.
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Funded Academy aims to change the online prop funding industry for the better. They hope to make it a more competitive environment, allowing traders to get the best funding.

Pros
  • A real account with real funds
  • Leverage 1:10
  • Profit splits of 70%
  • Extended account balance up to $1,000,000
  • Bi-weekly payouts
  • Overnight holding allowed
  • Weekend holding allowed
  • News trading allowed
Cons
  • Lots size limits
  • No free trial

Traders at Funded Academy are encouraged to become successful traders. The main priority that they expect from their clients is that they are disciplined individuals who properly manage risk and focus on long-term consistency. They allow them to earn high profits by managing account sizes up to $1,000,000 and taking home profit splits of 70%. They can achieve this by trading Forex pairs, gold, indices, and cryptocurrencies.

Who are Funded Academy?

Funded Academy is a proprietary firm incorporated on the 29th of July, 2021. They have offices located in New South Wales, Australia while offering traders capital up to $1,000,000 in balance with 70% profit splits. They are partnered with TradersWay, FxChoice, and Tc Bridge as their brokers which you can choose from for the Aggressive challenge accounts. While for extended accounts, they have another broker, which is EightCap.

Their headquarters are located at 68 TOROKINA AVENUE St Ives New South Wales 2075 Australia.

You can see Funded Academy’s certificate of registration for their company in the picture below:

Funding program options

Funded Academy is offering their traders extended accounts.

Prices for extended accounts:

  • $25,000 account for $200
  • $50,000 account for $400
  • $100,000 account for $725
  • $250,000 account for $1,800
  • $500,000 account for $3,550
  • $1,000,000 account for $7,100

An extended account requires completing one stage to be eligible to become a funded account.

The evaluation stage requires you to hit a profit target of 10% with no maximum trading period or minimum trading days rule to follow. You have to follow the only two rules: the 4% daily and the 5% total drawdown.

Upon successful completion, you are awarded a funded account and become eligible for 70% profit splits. The only restriction you have to respect is the 4% daily and 5% total drawdown.

The leverage you are working with through the evaluation stage and when you become funded is 10:1.

What makes Funded Academy different from other prop firms?

Funded Academy is different from most industry-leading prop firms due to their program offers being a classic 2-stage challenge as well as an extended account program. They provide real accounts with real funds and not demos.

Funded Academy offers an extended program, which requires a one-stage evaluation completion where you can manage accounts from $25,000 up to $1,000,000. Your only requirement is to hit the 10% profit target without hitting the 4% daily or 5% total drawdown limits.

In conclusion, funding from Funded Academy can be acquired by many different traders due to the various trading strategies they can use. You should focus on fulfilling the profit target while not exceeding the daily and total drawdown limits.

Is getting Funded Academy capital realistic?

It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high % profit split on a highly funded account sounds great, but if they expect high % gains per month with low % maximum drawdowns, your chances of success become close to zero.

After considering all of that, Funded Academy is an excellent choice to get funded with. This is since you can choose the program that best suits you. You can go for the extended account size from $25,000 up to $1,000,000, depending on your personal preference.

The rules for extended accounts are more strict sense it is a one-stage challenge, but they are still very realistic with proper risk management. Your profit target is 10%, with your only two limitations being 4% daily and 5% total drawdown.

Payment proof

Funded Academy was incorporated on the 29th of July, 2021. They offer bi-weekly payouts for their funded challenge accounts and monthly payouts for their funded extended accounts.

You can mostly find payment proof from Funded Academy on their Discord channel. You can check some of the examples below:

Which broker does Funded Academy use?

Funded Academy uses TradersWay, FxChoice, Tc Bridge, and EightCap as their brokers.

TradersWay is dedicated to spreading the values of free, limitless trading globally. They provide their clients with the widest opportunities available in financial markets.

FxChoice is dedicated to its ethical business commitment and affording its clients with award-winning and friendly customer service.

Tc Bridge was launched a year after Traders Central to give traders better liquidity, spreads, and executions. The idea to become their own brokerage came from painful experiences with other brokers and firms.

Eightcap is an ASIC-regulated broker in Melbourne, Australia. They were founded in 2009 with a simple, straightforward mission to provide exceptional financial services to their clients.

As for trading platforms, you can choose from the following:

  • MetaTrader 4
  • MetaTrader 5

Trading instruments

Funded Academy allows you to trade forex pairs, indices, cryptocurrencies, and gold on the 2-stage challenge with a 200:1 leverage. They allow you to trade forex pairs, indices, cryptocurrencies, stocks, and gold on extended accounts.

FOREX:EURUSDGBPUSDAUDUSDNZDUSDUSDCAD
USDJPYUSDCHFEURCHFEURGBPEURJPYGBPJPY
GBPCHFCADJPYAUDJPYEURAUDNZDJPYAUDCAD
AUDCHFAUDNZDCADCHFCHFJPYEURNZDGBPCAD
GBPAUDGBPNZDNZDCADNZDCHFGBPSGDAUDSGD
CADSGDCHFSGDEURMXNEURNOKEURPLNEURSEK
EURSGDEURTRYGBPNOKGBPSEKMXNJPYNOKJPY
NOKSEKNZDSGDSEKJPYSGDJPYUSDCNHUSDNOK
USDMXNUSDPLNUSDRUBUSDSEKUSDSGDUSDTRY
USDZARAUDCNHAUDHKDCNHJPYGBPCNHNZDCNH
EURZARGBPZAR
METALS:XAUUSD
INDICES:SPX500US30GER30UK100EUSTX50
ASX200FR40JP225NDX100JAPAN225USDOLLAR
HK50VIXUSDXUS2000
STOCKS:AAPLADBEAMZNASMLAVGO
CMCSACOSTCSCOFBGOOGLINTC
MSFTNFLXNVDAPEPPYPLQCOM
TMUSTSLAABBVABTACNBAC
BRK.ACRMCVXDHRDISHD
JNJJPMKOMAMCDMDT
MRKNKENVSORCLPFEPG
TTMTMOTSMUNHV
VZWMTXOM
CRYPTO:1INCHUSDAAVEUSDADAAUDADACADADAEUR
ADAGBPADAMXNADAUSDALCXUSDALGOUSDALPHAUSD
AMPLUSDARUSDASDUSDATOMUSDAUDIOUSDAVAXUSD
AXSUSDBADGERUSDBALUSDBANDUSDBCHAUDBCHCAD
BCHEURBCHGBPBCHMXNBCHUSDBNBAUDBNBCAD
BNBEURBNBGBPBNBMXNBNBUSDBNTUSDBRZUSD
BSVAUDBSVCADBSVEURBSVGBPBSVMXNBSVUSD
BTCAUDBTCCADBTCEURBTCGBPBTCMXNBTCUSD
C98USDCAKEUSDCELUSDCHRUSDCLVUSDCOMPUSD
CONVUSDCREAMUSDCRVUSDDAWNUSDDMGUSDDODOUSD
DOTAUDDOTCADDOTEURDOTGBPDOTMXNDOTUSD
DSHAUDDSHCADDSHEURDSHGBPDSHMXNDSHUSD
EGLDUSDENJUSDEOSAUDEOSCADEOSEUREOSGBP
EOSMXNEOSUSDETHAUDETHCADETHEURETHGBP
ETHMXNETHUSDFIDAUSDFILUSDFLMUSDFLOWUSD
FTMUSDGRTUSDHBARUSDHNTUSDHOLYUSDHTUSD
ICPUSDICXUSDIOTAUSDKAVAUSDKNCUSDKSMAUD
KSMCADKSMEURKSMGBPKSMMXNKSMUSDLEOUSD
LINKUSDLRCUSDLTCAUDLTCCADLTCEURLTCGBP
LTCMXNLTCUSDLUNAUSDMAPSUSDMEDIAUSDMERUSD
MKRAUDMKRCADMKREURMKRGBPMKRMXNMKRUSD
MTAUSDMTLUSDNEARUSDNEOAUDNEOCADNEOEUR
NEOGBPNEOMXNNEOUSDOKBUSDOMGUSDONTUSD
ORBSUSDOXYUSDPAXGUSDPERPUSDPROMUSDPUNDIXUSD
QTUMUSDRAMPUSDRAYUSDRENUSDROOKUSDRUNEUSD
SANDUSDSECOUSDSKLUSDSNXUSDSOLAUDSOLCAD
SOLEURSOLGBPSOLMXNSOLUSDSRMUSDSRNUSD
STEPUSDSTMXUSDSTORJUSDSTXUSDSUSHIUSDSXPUSD
THETAUSDTOMOUSDTRXAUDTRXCADTRXEURTRXGBP
TRXMXNTRYBUSDUNIAUDUNICADUNIEURUNIGBP
UNIMXNUNIUSDWAVESUSDXEMUSDXLMAUDXLMCAD
XLMEURXLMGBPXLMMXNXMRAUDXMRCADXMREUR
XMRGBPXMRMXNXMRUSDXRPAUDXRPCADXRPEUR
XRPGBPXRPMXNXRPUSDXTZUSDYFIIUSDYFIUSD
ZECUSDZILUSDZRXUSD

Trading fees

Trading commission:

AssetsFee terms
FOREX 7 USD / LOT
COMMODITIES 0 USD / LOT
INDICES 0 USD / LOT
STOCKS 4 USD / LOT (US STOCKS), 0.01% / LOT (UK STOCKS)
CRYPTO 0 USD / LOT

Spread:

In order to check the live spreads login to the trading account below:

PlatformServerLogin numberPasswordDownload platform
MetaTrader 4EightcapLtd-Demo319922367ZGV8BVsBClick here

Education & Support for traders

Funded Academy does not provide any educational content on its website.

While Funded Academy doesn’t have their thread on ForexFactory, they have been mentioned numerous times in another thread named ‘’PROP FIRM HUB’’ made by a user named Masterrmind.

To see the mentioned thread click here.

Traders comments about Funded Academy

Funded Academy has great feedback from their reviews.

On Trustpilot, they have a large variety of their community commenting and giving positive feedback with a great score of 3.9/1 out of 22 reviews.

A vast majority of their community gives positive feedback when mentioning their support team and their prompt and helpful responses.

Another comment stated that even though Funded Academy is still a relatively new prop firm, they show signs of promise to establish themselves as one of the best in the prop industry business.

Social media statistics

Funded Academy can also be found on social media, but they have a limited number of platforms. 

They only have a Telegram account with 127 members and a Discord channel with 848 members.

Support

Funded Academy has a FAQ page where you might find the information that you are missing.

The support team is available on their social media, or you can directly contact them on their email Hello@funded.academy.

You can also contact them with your message on their website by clicking here.

Conclusion

In conclusion, Funded Academy is a legitimate proprietary firm offering funding through a one-stage extended account from $25,000 up to $1,000,000 in balance.

The one-stage extended account is harder to achieve, but you have the potential to manage a $1,000,000 account instantly after reaching a 10% profit target. The hard part is the 4% daily and 5% total drawdown, but it is doable with proper risk management.

I would recommend Funded Academy to anyone who is reaching consistent results as a trader, primarily because of their potential to work with up to $1,000,000 in funding by hitting a 10% profit target.

This review about Funded Academy was lastly updated on 26.08.2022 at 10:31 (CE(S)T).

So, what do you think about the layout of the Proprietary Trading firm? Does Funded Academy have the instruments that you want to trade?

Let us know if you enjoyed our Funded Academy Proprietary Trading firm review!

Funded Academy Review Details

Trading platform
Deposit Methods
Withdrawal Methods
Tradable instruments
Account Currencies
Leverage
Maximum capital allocation
Account size up to:
$1,000,000
Funded Academy Account
*Choose your account size and make a payment
2.0
Fees
2.0
Trading platform
2.0
Deposit and withdrawal
2.0
Customer Support
2.0 Overall Rating

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