REVIEW SUMMARY
SuperFunded is a Forex prop firm, located in Victoria, Australia. It was founded in 2021.
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto.
Max balance: $200,000
Profit split: up to 90%
Cost: from $129
Platforms: MetaTrader 4
SuperFunded is a prop trading firm located in Australia.
In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from SuperFunded.
Here’s what you’re going to learn:
SuperFunded is a prop firm located in Victoria, Australia. It was founded in 2021.
SuperFunded is a prop firm that funds traders to trade Forex and other CFDs trading assets.
Here’s a list of all of the instruments:
SuperFunded funds traders with account balances that go from $6,000 up to $200,000.
To get access to a funded account you need to pass a 2-phase challenge/evaluation process.
The prices of the products are different according to the account size that you are applying to. The prices of the smaller funded account start at $66 and go up to $999 for the bigger account.
The leverage provided by the prop firm is the same regardless of the symbol that you are trading. Here’s the list of leverage by symbol:
The profit split is 80% for any account size that you choose.
According to Trustpilot, SuperFunded is classified as average. It’s scoring a 2.8/5.0. The thing is they only have 5 reviews there, so it’s maybe not a significant amount to take conclusions.
To pass the evaluation/challenge and get funded with a live account you need to pass a challenge with two phases. In this phase, you must achieve a minimum profit without exceeding a maximum daily drawdown and maximum overall drawdown.
Here are all the details:
If you like to use EAs to trade, SuperFunded is a great prop firm for you. They allow EAs although some strategies that they consider abusive are forbidden, like arbitrage, grid trading, and martingale.
Unfortunately, SuperFunded doesn’t offer a free trial.
SuperFunded doesn’t provide free repeats, you need to be careful, trade like a professional, using a proper strategy and risk management.
SuperFunded gives you access to the most popular trading platform used by Forex brokers.
You can use:
Holding trades overnight is allowed on all programs. You can have your positions open for as long as you want according to your own trading style.
When it comes to holding trades over the weekend there’s no requirement to close the trades too. You can leave them open. Just make sure you account for possible weekend gaps.
If you like news trading I have good news, trades are allowed during news.
You just need to be careful with the volatility, but if you’re like me, those are the best times of the day to trade. Just don’t exceed your maximum safe lot size and manage your trades properly.
Yes, SuperFunded is a legit company.
Here are the contacts to reach them:
Here’s the list of the best SuperFunded alternatives:
For more alternatives check our alternative prop firm tool:
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