Score Breakdown
Challenge Pricing
(prices shown before code RESPONSIBLE)Prices shown are one-time evaluation fees and can change with promotions - always confirm the live price at checkout.
Trading Conditions
Company & Support
Overview
Institutional liquidity provider
Account Info
Evaluation Rules ⌄
FundedHero runs five challenge formats - 1-Step, 2-Step, 3-Step, Fast Pass, and Instant. The 1-Step, 2-Step, 3-Step, and Instant formats each come in a Hero and a Villain version with different rule sets. Fast Pass has one version only.
1-Step: 10% profit target, 4% daily drawdown, 10% max drawdown, 5 minimum trading days, no time limit. Consistency rule: no single day can account for more than 50% of total profit at payout.
2-Step and 3-Step: lower per-phase profit targets than the 1-Step path, with a lighter consistency rule based on minimum profitability rather than a hard daily percentage cap.
Fast Pass and Instant: no evaluation phase required for Instant. Consistency rules on these are tied to lot-size concentration rather than a daily profit percentage.
News trading is allowed on every challenge, including NFP, CPI, and FOMC releases. Weekend holding is allowed. Static drawdown is used across all account types, anchored to the starting balance rather than a trailing peak.
Funded Account Rules ⌄
Profit split is tiered and increases with consecutive payouts, reaching up to 95% on some account types. Daily drawdown calculation differs by account: the 1-Step funded account uses day-opening equity at midnight broker time, while other account types use intraday equity.
Payout Rules ⌄
1-Step: first payout available after 14 days. 2-Step, 3-Step, Fast Pass, and Instant: first payout after 21 days, then every 14 days after that. Payouts are processed via Rise or cryptocurrency. The challenge fee is refunded across your first two payouts (45% each) rather than in full on the first one.
Restricted Countries ⌄
FundedHero accepts traders from most countries worldwide except a few sanctioned regions. You'll be prompted to confirm location during registration or payout.
What We Like
- Five challenge formats, most offered in Hero and Villain variants for different risk appetites
- News trading and weekend holding allowed on every account
- Expanded into futures and its own brokerage within about a year of launch
- Entry pricing starts under $40
Could Be Better
- Launched 2025 - shorter payout track record than established firms
- TradeLocker only - no MetaTrader option currently
- Forex only on the core firm - futures available separately through FundedHero Futures
AI Summary
Generated from verified firm dataFundedHero launched in 2025 and expanded fast - within about a year it built out a separate futures firm and its own brokerage alongside the original forex challenges.
Five challenge formats, each offered in a Hero and a Villain version (except Fast Pass), gives it one of the wider menus of any firm this young. The refund structure stands out too: 90% of your fee comes back, but split across your first two payouts rather than returned in full on the first one - a different rhythm than most established competitors use.
Trading runs on TradeLocker.
Data last verified against FundedHero's official site: July 2026
Affiliate Disclosure: This review contains affiliate links. We may earn a commission if you sign up via our link, at no extra cost to you. This never influences our scoring.
Community Reviews (16)
See all →Could be better
The rules are not very beginner-friendly. Passed after two attempts. Payouts work but the process is manual and slow. Platform sometimes lags during news events. Decent but not my first choice. — TechAnalyst
Average experience
Nothing special but nothing terrible either. Passed the challenge, got funded, made some money. Payout took longer than advertised the first time but the second one was fine. Would be better if support was faster. — FXWolf
Decent option
Solid firm for the price point. Challenge is fair and I passed on first attempt. Two payouts so far with no issues. Support is a bit slow — 24-48 hours to respond — but they always resolve things eventually. — ScalpMaster
