Quick Facts
| Founded | 2025 |
| Max Funding | $1,000,000 |
| Profit Split | Up to 95% |
| Payout Frequency | Every 7–25 days (tier-based), daily at top tier |
| Challenge From | $39 |
| Platforms | TradeLocker |
| Instruments | Forex |
| Our Score | 7.8/10 |
Verdict: A 2025 newcomer with genuinely competitive terms — news trading unrestricted on all plans, 90% fee refund across first two payouts, and a static drawdown model throughout. Forex-only and TradeLocker-only limits its audience, but for pure currency traders it is worth a close look.
FundedHero entered the prop trading space in 2025, founded by Arturo Pestana and Joe Camacho. With 354 Trustpilot reviews trending positive and a payout community that shares receipts openly, the early signals are encouraging for a firm this young.
Challenge Types
- 1-Step Hero: Single-phase, no time pressure, static drawdown, straightforward target. Best for confident traders who want fast funding.
- 2-Step: Two phases with lower per-phase targets. Better for swing traders needing more buffer.
- 3-Step: Three phases with the lowest per-phase targets. Maximum total drawdown room.
- Instant Funded: No evaluation, immediate access. Strict consistency rules and 3% daily drawdown — for very low-volatility strategies.
- Fast Pass: Light evaluation bridging instant and traditional. 3% daily drawdown limit — stricter than standard challenges.
All types use a static drawdown model — your loss threshold is always anchored to the initial balance, not trailing your equity peak.
Payouts
Profit split increases to 95% as you progress through milestones. Payout frequency: every 25 days initially, then 21, 14, 7, and daily at top tier. The clock starts after your first trade of the calendar month. 90% of the challenge fee is refunded across the first two payouts (45% each).
Trading Rules
News trading — including NFP, CPI, FOMC — is fully permitted on all challenges. Weekend holding unrestricted. Equity-based daily drawdown means floating losses count toward your daily limit, so manage open positions into the close carefully.
Verdict
For forex traders who trade news events and want most of their fee back upon success, FundedHero makes a strong argument. Static drawdown, unrestricted news, and a path to daily payouts are a powerful combination. The forex-only, TradeLocker-only constraint limits its audience — but within that audience it is one of the strongest options available.
Pros
- News trading unrestricted on ALL challenge types
- Static drawdown anchored to initial balance throughout
- 90% of challenge fee refunded across first two payouts
- Up to $1M in funding
- Daily payouts unlocked at top tier
- Weekend holding allowed
- Upfront static drawdown — no trailing mechanics
Cons
- Forex only — no indices, gold, crypto, or commodities
- TradeLocker only — no MT4/MT5/cTrader
- Founded 2025 — limited long-term track record
- Instant and Fast Pass accounts have strict 3% daily drawdown
- Payout frequency starts at 25 days and unlocks progressively
This review is based on publicly available information, trader community feedback, and independent research. We do not accept payment to influence review scores. Challenge fees and rules change frequently — verify all details on the firm’s official website before purchasing.
