Editor’s Verdict
FundedFast is a new Malta-based proprietary trading firm established in 2024. Built around simplicity and accessibility, the firm’s 'We fund skilled traders — fast' approach is designed to give traders an easy route to funding with low entry costs and a single-phase challenge model. The firm has quickly drawn attention for its streamlined setup process, unlimited time to pass challenges, and up to 90% profit share for funded traders. With a 5% daily loss cap, 10% maximum loss, and weekly payouts, FundedFast aims to provide flexibility and transparency while remaining competitive in the growing prop trading space.
Overview
FundedFast has low evaluation fees and scales portfolios up to $1M with a 90% profit share for traders that reach the Hot Seat (Elite trader) level.
Headquarters | Malta |
|---|---|
Year Established | 2024 |
Trading Platform(s) | Other |
Minimum Evaluation Fee | $49 |
Profit-share | 90% |
Daily Loss Limit | 5% |
Maximum Trailing Drawdown | 10% |
Funded Account Options | 16 |
Minimum Funded Account | $5,000 |
Maximum Funded Account | $400,000 |
FundedFast is among the newer entrants in the retail prop trading market but has already positioned itself as a trader-friendly provider. The model is straightforward — one- or two-phase challenge, one profit target, and unlimited time to complete it. From just $49 for the lowest-tier $5,000 account, FundedFast offers some of the most accessible entry pricing in the prop space. The firm’s clear-cut challenge structure, 5% daily drawdown, and 10% trailing drawdown cap give traders room to perform while encouraging strong risk management. Scaling up to $400,000 in funding and earning up to 90% profit share, FundedFast aims to combine flexibility with speed — and the ability to get paid weekly.
FundedFast Trustworthiness & Reputation
Because prop firms are unregulated entities, traders engaging with them need to be especially diligent in verifying that their chosen provider is reputable and has a well-established reputation for security and fairness when it comes to payouts.
Is FundedFast Legit and Safe?
Because prop firms remain unregulated, it’s important to evaluate a company’s reliability and transparency. FundedFast operates under European jurisdiction (Malta) and maintains a growing online presence, including an active website and Trustpilot listing.
FundedFast is relatively new but has begun to build credibility through prompt payouts and clear communication. On Trustpilot, the firm holds a 4.4-star rating (from around 10 reviews), with most users praising the fast setup and straightforward process. While not yet as established as the industry’s oldest names, there are no significant public complaints. Traders should, however, exercise normal caution given their short operating history and the lack of regulatory oversight typical of all prop firms.
FundedFast Features
FundedFast offers a simple trading model that focuses on trader convenience. The key features include single-phase challenges, no time limits, free retries, and generous profit-sharing.
The most notable features of FundedFast are:
• Single-phase evaluation challenges an option.
• Account sizes range from $5,000 up to $400,000.
• Profit target: 10%
• Maximum daily loss: 5%
• Maximum trailing drawdown: 10%
• Unlimited time to hit profit targets
• Weekly payouts after funding
• Profit share up to 90%
• Free retry if you end in profit within limits
• Scalping permitted, but no automated trading
• Platform: MatchTrader only
Evaluation Fees & Profit-Share
FundedFast Evaluation fees are competitive and start at $49 for a $5k account, making them one of the more affordable firms to start prop trading with. All fees are one-time fees.
Examples:
- Account Size $5000 Fee $49
- Account Size $50,000 Fee $199
- Account Size $400,000 Fee $2,999
The firm provides a free retry if you finish in profit while staying within limits. Traders who pass can earn up to 90% of their profits, paid weekly.
Minimum Evaluation Fee | $49 |
|---|---|
Maximum Evaluation Fee | $2,999 |
Profit-share | 90% |
The minimum evaluation fee at FundedFast for a $5,000 account is:
Type of fee | Fee (without discounts) |
One-time evaluation fee | $49 |
Monthly evaluation fee | $0 |
Hold-over-the-weekend | Swap rates apply per instrument |
Increased leverage | Not applicable |
Stop-loss not required at trade entry | Not applicable |
Total fees for a $5,000 account | $49 |
Account Types
FundedFast offers 16 different evaluation options in terms of account sizing and challenge preference.
One-Phase Challenge: 10% target, 5% daily loss, 10% trailing drawdown, unlimited time.
Two-Phase Challenge: 8% target (phase 1), 5% (phase 2), 5% daily loss, 10% total drawdown.
Leverage available states from 50 -100x, which is contradictory to the homepage that states 200:1
I couldn’t find any additional trader add-ons on the application form, and the platform MatchTrader is only mentioned deep in terms and conditions. Also, there is no mention that I could see of which assets and tradable pairs you can access via the setup, for this and other answers you need to investigate the FAQs again where they mention a broad variety -forex, commodities, metals, indices, cryptos.
What are the Trading Rules at FundedFast?
The FundedFast evaluation begins after prospective prop traders choose their preferred evaluation account and pay the one-time evaluation fee.
Violating the maximum overall loss rule results in a hard breach of the rules and cancellation of the evaluation phase. The inactivity rule for this provider did not seem to exist.
The trading rules for the two FundedFast evaluation types are:
- 5% maximum daily loss
- 10% maximum trailing drawdown (becomes static after initial balance)
- Unlimited trading time, minimum 3 trading days required to pass challenge
- No automated or high-frequency trading
- Scalping allowed
- No guaranteed stop loss required
- Free retry if profitable and within limits
Noteworthy:
- FundedFast will permit weekend and news trading.
- Prohibited strategies include high-frequency trading and latency arbitrage.
- Trading accounts, regardless of stage and type, use demo or simulated trading accounts, no live trading occurs or allocation of actual funds, but traders still can earn profits based on their performance.
- There is a rule stating your most profitable single trading day must not exceed 50% of your total profits in the Challenge. This is to prevent “lucky one-day blow-ups” and encourage consistent trading.
Trading Platforms
Trading PlatformsFundedFast currently offers MatchTrader as its exclusive trading platform. It supports both desktop and mobile access, and the firm has announced plans to add MT5 in the future.
MT4 | |
|---|---|
MT5 | |
MT4/MT5 Add-Ons | |
cTrader | |
Proprietary Platform | |
Automated Trading | |
Guaranteed Stop Loss | |
Scalping |
Education
The FundedFast Trading Academy provides traders with robust, structured courses designed to build the necessary skills for proprietary trading, moving far beyond simple FAQs or blog posts. The academy is organized into four comprehensive modules that cover everything from foundational market concepts to advanced systems tailored for prop firm success. Key topics include an Introduction to Financial Markets (focusing on trading psychology and fundamental risk management), a complete view of Technical Analysis (covering patterns, formations, indicators, price action), and detailed lessons on Trading Strategy (including strategy development, systems building, testing, and optimization). The final module is specifically focused on the prop firm journey itself, guiding traders through Mastering Prop Firm Evaluations and building a solid proprietary trading career while adhering to the rules. This structure shows a commitment to developing traders with the technical and psychological skills required to manage capital successfully
Customer Support
FundedFast offers several support methods including live chat, email, and phone. Support is available 24/5 and provided in multiple languages.
- Email: support@fundedfast.com
- Phone: +356 27780805
- Live Chat: available on the website
Customer Support Methods |   |
|---|---|
Support Hours | 24 hours a day 5 days |
Website Languages |   |
How to Get Started with FundedFast
Interested prop traders can start the evaluation after selecting their desired package and paying the one-time fee.
Minimum Evaluation Fee
The minimum evaluation fee at FundedFast is $49 for the $5,000 account and the two-step evaluation process.
Payment Methods
Withdrawal options |     |
|---|---|
Deposit options | |
FundedFast Deposits accepted: credit/debit cards, bank transfers, PayPal, PIX, and cryptocurrency.
Withdrawals supported: bank transfer, cryptocurrency, and local payments.
Minimum withdrawal: $50. Withdrawals are processed weekly.
Accepted Countries
Fundedfast accepts traders from most countries, but explicitly prohibits services to individuals from certain countries due to sanctions, which include Cuba, Syria, Iran, Lebanon, Iraq, Yemen, North Korea, and Cyprus.
How to Pay the Evaluation Fee?
- Cryptocurrencies (e.g., Bitcoin, Ethereum, USDT)
- Bank transfers
- Credit/Debit cards
- PayPal
- Local Payment methods
The Bottom Line - Is FundedFast a Good Prop Firm?
FundedFast is an appealing option for traders seeking a low-cost, simple, and flexible route to capital. The unlimited time frame, free retry, and high profit share are strong positives. However, its lack of automation support and limited transparency around leverage may deter some users. I wish they provided more information about the trading experience, assets, platform etc. Overall, FundedFast is best suited to discretionary traders looking for affordability and a fast route to funding. Yes, based in Malta with growing positive trader feedback. FundedFast uses only one trading platform: MatchTrader. Yes, scalping is permitted at FundedFast. No, EAs and bots (automated trading) are not permitted to be used at FundedFast. The maximum drawdown allowed in a FundedFast challenge is a 10% trailing drawdown. The lowest evaluation fee available at FundedFast is $49 for a $5,000 account. The profit share at FundedFast is up to 90% of profits, paid weekly.FAQs
Is FundedFast legit?
What platform does FundedFast use?
Can I scalp?
Is automated trading allowed at FundedFast?
What is the maximum drawdown at FundedFast?
What is the minimum evaluation fee?
What is the profit share at FundedFast?
Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.