Direct Funded Trader is a prop firm established in February 2023. It’s registered in Dubai, United Arab Emirates. The owner is Arthur Kaziu.
Trading Platforms at Direct Funded Trader
You can use MT4 and MT5 as trading platforms at Direct Funded Trader.
Instruments Available with Direct Funded Trader
The available instruments are:
- Cryptocurrencies ( ETH/BTC only)
- Energies
- Forex
- Indices
- Metals
How to Make Payments at Direct Funded Trader
At Direct Funded Trader, you can pay with Crypto and Credit/Debit Cards.
Account Sizes Available at Direct Funded Trader
The Evaluation Challenge has five account sizes that go from $15k to $200k. The other two challenges, Fast Funding Standard and Fast Funding Aggressive have four account sizes from $15k to $100k.
Profit Splits in Direct Funded Trader
The beginning profit split is 80%. After you reach more than five payouts, you’ll get a 90% profit split. If you fail, your profit split goes back to the default 80%.
Profit Targets for Direct Funded Trader:
The two-step Evaluation challenge has a 8% profit goal in the first stage. The second stage requires a 5% profit. The Fast Funding Standard Challenge and Fast Funding Aggressive have a 10% profit goal.
Maximum Daily Drawdown and Loss at Direct Funded Trader
Maximum Daily Loss:
- Evaluation Challenge – 5% Loss
- Fast Funding Standard – 4% Loss
- Fast Funding Aggressive – 4% Loss
Maximum Overall Loss:
- Evaluation Challenge – 10% Loss
- Fast Funding Standard – 7% Loss
- Fast Funding Aggressive – 7% Loss
Minimum/Maximum Trading Days Required at Direct Funded Trader
All challenges have an unlimited maximum trading days period, and a minimum of 5 trading days.
Direct Funded Trader: Rules and Challenges
Direct Funded Trader offers three types of challenges. The evaluation challenge consists of two steps. The Fast Funding Standard and Fast Funding Aggressive Challenges contain one step. All challenges have a 1:100 leverage.
Steps Available in Direct Funded Trader Challenge
There are challenges with one and two steps available at Direct Funded Trader.
Pricing for Direct Funded Trader Challenge
Evaluation Challenge
Account Size | Price |
---|---|
$15k | $100 |
$25k | $199 |
$50k | $299 |
$100k | $479 |
$200k | $979 |
Fast Funding Standard
Account Size | Price |
---|---|
$15k | $150 |
$25k | $280 |
$50k | $359 |
$100k | $590 |
Account Size | Price |
---|---|
$15k | $190 |
$25k | $320 |
$50k | $390 |
$100k | $620 |
Commissions and Fees at Direct Funded Trader
There’s a $5 commission per lot across all pairs.
Direct Funded Trader: Refund Policies
The fees are refundable with the first payout. If you reset in the middle, you’ll only get refunded the most recent fees you paid to get your account.
Trial Offers at Direct Funded Trader
There are no free trials at Direct Funded Trader, but there is a free retry. This means you can retake your challenge.
Payout Schedules of Direct Funded Trader
First payout can be requested after a month, and all next bi-weekly.
Contact Direct Funded Trader
You can reach out to Direct Funded Trader via Live chat and email:[email protected].
Evaluating Direct Funded Trader: Advantages and Disadvantages
- Free Retry
- Bi-weekly payouts
- Five Account Sizes
- Three types of challenges available
- No free trials
- There are restricted countries
Direct Funded Trader FAQ Section
You can hold trades over the weekend on Evaluation Accounts, Fast Funding Standard accounts, and funded accounts. Weekend trading is also allowed for Crypto instruments (check crypto trading hours). Be aware of the risks with market gaps for Forex pairs, Indices, and Commodities, which don’t stay open during weekend trading hours.
An Evaluation account is a two-phase trading evaluation. Traders select a capital amount and meet trading objectives in Phase I and Phase II. The Fast Funding account is similar but has only a one-phase challenge.
Restricted countries are:
United Arab Emirates (UAE)
Pakistan
Vietnam
Iran
USA
Myanmar
The leverage is 1:100 on FX Instruments.
Yes, you can.