DeiFunded
7.8

DeiFunded

DeiFunded stands out in the proprietary trading firm landscape, offering a dynamic platform for traders worldwide to showcase their skills and grow their financial potential.

A proprietary trading firm that’s redefining the way traders achieve and excel. With a commitment to technology, transparency, and trader success, DeiFunded is paving a new path for traders globally.

 A proprietary trading firm that’s redefining the way traders achieve and excel. With a commitment to technology, transparency, and trader success, DeiFunded is paving a new path for traders globally.

Pros
  • Flexible trading conditions.
  • Advanced platform with MT5.
  • No limit on the number of accounts.
  • Generous profit split of 80%-90%.
  • Comprehensive trader support.
Cons
  • Evaluation fee required.
  • Strict rules against copy trading.
  • Maximum capital allocation limit.
  • Manual review for similar trades.
  • Inactivity period could be shorter.

DeiFunded Review: Nurturing Global Trading Talent

DeiFunded emerges as a beacon for passionate traders, established with the mission to unearth and foster the best talent within the trading community. The company, known for its trader-centric approach, offers an evaluation process that is not only transparent but also straightforward, providing traders from any corner of the world with a clear pathway to earn and succeed.

Designed for Simplicity, Powered by Technology

At its core, DeiFunded prioritizes user experience, ensuring that its platform is as intuitive as it is efficient. The architecture of the platform is a testament to the company’s commitment to simplicity, yet it stands on the foundation of the most advanced technology available in the trading industry. This blend of ease and sophistication allows traders to access top-tier liquidity, seamlessly integrating with the firm’s vision to secure its position as the leading proprietary trading firm across the globe.

Innovative Concepts at the Forefront

DeiFunded’s journey is driven by innovation and a forward-thinking mindset. The firm’s dedication to pushing the boundaries of what is possible in proprietary trading is evident in its continuous pursuit of developing and implementing innovative concepts. This unwavering commitment not only enhances the trading experience but also ensures that DeiFunded remains at the cutting edge of the industry, offering an unmatched funding experience to traders worldwide. In conclusion, DeiFunded stands out as a pioneering proprietary trading firm that not only offers a transparent and straightforward pathway to success for traders globally but also redefines the industry standard through its commitment to simplicity, technology, and innovation. As it strides toward becoming the global leader in the proprietary trading space, DeiFunded is undoubtedly the platform of choice for traders looking for an unparalleled opportunity to grow and succeed.

Leadership and Vision: The Pillars of DeiFunded

At the helm of DeiFunded’s pioneering journey is Dr. Shane Healy, the CEO, whose impressive tenure spans over four decades in the realms of finance and accounting. Dr. Healy’s extensive experience has been cultivated across a variety of roles including employee, partner, consultant, company secretary, and director within numerous firms and multinational entities in Australia, the United States, and the United Kingdom. Holding prestigious positions such as CFO, Finance Director, CEO, and Chairman, his expertise is marked by a profound emphasis on compliance, auditing, and risk assessments. Dr. Healy’s leadership is instrumental in steering DeiFunded towards revolutionizing the proprietary trading industry, grounded in principles of transparency and compliance, reflective of his founding role in GoMarkets in 2006.

Leadership and Vision: The Pillars of DeiFunded

Complementing this leadership is Brin Taylor, the Vice President of DeiFunded, whose career trajectory underscores a deep commitment to innovation, technology, and community within the financial sector. From founding Savvy Social to leading DeiFunded, Taylor’s vision focuses on leveraging cutting-edge technology and innovative strategies to bolster a supportive and collaborative trading community. His dedication to fostering positive engagement and growth among traders is a cornerstone of DeiFunded’s ethos, positioning the firm as a beacon of progress and connectivity in the trading world.

Core Philosophy and Supportive Environment

DeiFunded distinguishes itself by its unwavering support for its traders, acting as both champion and risk manager to ensure each trader is primed for success with the firm’s funds. The company sets a global benchmark in trading, advocating for transparent and strong partnerships with its traders. Central to DeiFunded’s identity are its core values:

  • Integrity: Adhering to the highest ethical standards in every action.
  • Fairness: Ensuring equitable trading conditions for all traders.
  • Dedication: A steadfast commitment to the growth and success of its trading community.

Under the stewardship of Dr. Shane Healy and Brin Taylor, DeiFunded is not just changing the landscape of proprietary trading but is also redefining what it means to be a part of a global trading community. With a leadership team that brings decades of experience in the Forex industry, DeiFunded is committed to providing a transparent, compliant, and supportive environment for traders worldwide.

The DeiFunded Trader Evaluation: A Step-by-Step Path to Success

DeiFunded has meticulously structured its evaluation process to identify disciplined and proficient traders, offering a clear three-step approach to getting paid. This transparent process ensures traders can showcase their trading prowess and earn the opportunity to manage substantial funds.

Step 1: Verification Phase

The journey to becoming a funded trader begins with the Verification Phase. Traders are tasked with demonstrating their skills using a simulated account under real market conditions. By achieving an 8% profit target and adhering to strict risk management protocols, successful traders advance to the next stage.

Step 2: Evaluation Phase

Following a successful Verification Phase, traders enter the Evaluation Phase with a new 5% target. This stage is designed to further assess a trader’s ability to thrive in a simulated environment that mirrors live trading. Meeting the challenge rules signifies readiness to earn real profits.

Step 3: Profit and Scale

Upon clearing the evaluation, traders enter the Profit and Scale Phase, where they can begin to reap the rewards of their hard work. After 14 days, the first withdrawal can be made, and as profits accrue, the potential to trade with more of DeiFunded’s capital opens up, offering exponential growth and increased earning potential with bi-weekly withdrawal opportunities.

DeiFunded’s Evaluation Tiers: A Comprehensive Overview

DeiFunded offers a tiered evaluation process designed to match traders of various levels of ambition and experience. Each tier is tailored to provide traders with the opportunity to demonstrate their skillset, manage risk effectively, and achieve specific profit targets that lead to a funded trading account. Below, we outline the details of each tier, offering transparency and choice for prospective traders.

Entry-Level Evaluation: Starting at $5,000

  • Time Limit: Unlimited, allowing for a flexible trading schedule.
  • Minimum Trading Days: 4, to establish consistency.
  • Maximum Daily Loss: $500, maintaining prudent risk management.
  • Maximum Loss: $1,000, balancing opportunity and risk.
  • Profit Target: $800, setting a clear, achievable goal.
  • Leverage: 1:100, providing ample market exposure.
  • Refundable Fee: Reduced from $149 to $129, facilitating easy entry.

Mid-Level Evaluation: Starting at $50,000

  • Maximum Daily Loss: $2,500, for more significant trade volumes.
  • Maximum Loss: $5,000, allowing for expanded trading strategies.
  • Profit Target: $4,000, encouraging ambitious profit generation.
  • Refundable Fee: Adjusted from $349 to $329, rewarding commitment.
  • Start your $50,000 Evaluation, stepping up the trading journey.

Advanced-Level Evaluation: Starting at $100,000

  • Maximum Daily Loss: $5,000, tailored for experienced traders.
  • Maximum Loss: $10,000, matching the higher stakes.
  • Profit Target: $8,000, for seasoned traders aiming higher.
  • Refundable Fee: Discounted from $499 to $469, a significant saving for serious traders.
  • Start your $100,000 Evaluation, for those ready to take a substantial leap.

Professional-Level Evaluation: Starting at $200,000

  • Maximum Daily Loss: $10,000, for high-caliber trading maneuvers.
  • Maximum Loss: $20,000, accommodating broad strategic horizons.
  • Profit Target: $16,000, for top-tier trading performance.
  • Profit Split: A lucrative 80-90%, rewarding success substantially.
  • Refundable Fee: Lowered from $949 to $899, valuing professional traders’ entry.
  • Start your $200,000 Evaluation, the pinnacle of trading evaluations.

Across all levels, DeiFunded maintains its commitment to providing traders with unlimited time to reach their targets, a consistent leverage of 1:100, and the assurance of a refundable fee structure. With a focus on fair and attainable profit targets, DeiFunded positions itself as a prop firm that aligns with traders’ success at every step.

DeiFunded Evaluation: Your Journey to a Live Account

Embarking on DeiFunded’s evaluation journey is the gateway to unlocking your full trading potential and accessing a live, withdrawable account. Here’s what to expect as you progress through each stage:

Progressing Through the Phases

Once you’ve met the profit target in either the first or second phase of the evaluation, you will receive an email with new credentials, ushering you into the next phase of your trading journey. DeiFunded’s two-phase process comprises an 8% profit target verification phase followed by a 5% profit target evaluation phase. Successfully navigating both phases grants you access to the live account where your profits are yours to withdraw.

Leverage and Trading Power

DeiFunded empowers its traders with a leverage of 1:100, striking a balance between opportunity and risk, allowing for robust trading strategies.

Account Management and Allocation

While traders can hold multiple accounts during the Challenge and Verification stages, DeiFunded sets a ceiling on the capital allocation for each trader or strategy at $400,000 in a standard risk setup. This cap ensures responsible growth and aligns with the firm’s risk management policies.

Platform Compatibility

MT5 is DeiFunded’s platform of choice for all evaluation stages, offering advanced functionality and a user-friendly interface. The firm remains open to introducing additional platforms and values trader input for such decisions.

Understanding the Evaluation Fee

The evaluation fee is a testament to DeiFunded’s commitment to enlisting only the most dedicated traders. It serves as a qualifying threshold to maintain high standards within the trading community. Upon successful completion of the evaluation, traders may be eligible for a refund as outlined in the terms and conditions.

Account Activity and Inactivity

Traders are encouraged to maintain regular activity within their accounts. An account may be considered for deletion after a 30-day inactivity period, which is defined by the absence of any trade placements. DeiFunded’s structured evaluation process is designed to identify and nurture disciplined traders ready to take on the challenges and rewards of professional trading. With clear progression stages, substantial leverage, and an emphasis on active trading, DeiFunded stands as a propitious platform for serious traders.

Trading Flexibility and Integrity at DeiFunded

DeiFunded offers traders the autonomy to implement their trading strategies in a way that aligns with personal risk management and trading objectives. Here’s a detailed look at the trading conditions and regulations.

Stop Loss and Take Profit Parameters

Traders at DeiFunded are not mandated to set a stop-loss (SL) for every trade, providing the flexibility to trade according to individual methods and analysis. While stop-loss and take-profit (TP) orders are tools to manage risk and secure profits, their usage is discretionary.

Expert Advisors and Indicators

The use of Expert Advisors (EAs) and Indicators is encouraged to enhance trading tactics. DeiFunded imposes no limits on the strategy type, whether it’s discretionary trading or the use of martingale strategies through EAs. However, all traders must ensure their trades are unique, even when using the same EA or Indicator.

Copy Trading Practices

Copy trading is permissible on DeiFunded’s platform, but only from accounts owned by the same individual. The firm takes a strict stance against copy trading from accounts not under the same ownership and other manipulative practices.

Time Limits and Inactivity

While there’s no set time limit to complete the challenge, an account must show activity within a 30-day period. A minimum of four trading days is required to progress through each phase.

Calculating Loss and Trading Terms

Both daily and maximum drawdowns are calculated based on the balance. Traders are allowed to hold positions over the weekend and trade cryptocurrencies. News trading is also permitted.

Prohibited Trading Strategies

Any form of system abuse, cheating, or exploitation is strictly prohibited and can lead to immediate termination. Traders are expected to engage in genuine market conditions and are encouraged to familiarize themselves with the Terms and Conditions to avoid any inadvertent infractions. DeiFunded’s regulations ensure a level playing field, promoting fair and ethical trading practices. By adhering to these rules, traders can make the most of their evaluation period and transition smoothly to a live DeiFunded account.

Final Thoughts on DeiFunded

In the dynamic world of proprietary trading, DeiFunded has established itself as a firm that deeply values the synergy between trader autonomy and robust risk management. Their tiered evaluation process and flexible trading conditions demonstrate a commitment to nurturing traders’ growth and success. With an understanding that not one size fits all, DeiFunded provides a spectrum of opportunities, catering to novice traders and seasoned professionals alike.

The freedom to use advanced trading tools, such as EAs and Indicators, without restrictive mandates on stop-loss orders, underscores DeiFunded’s confidence in its traders’ expertise and decision-making. Moreover, the allowance of copy trading within one’s own suite of accounts signals a trust in traders to manage multiple strategies effectively. This level of trust is balanced with a stringent stance against any form of unfair advantage or manipulation, ensuring a fair trading environment for all.

Final Thoughts on DeiFunded

While the absence of a time limit to complete the challenges underscores a pressure-free trading environment, the stipulation of activity requirements ensures that traders remain engaged and focused. DeiFunded’s approach to calculating losses and the ability to trade over weekends and during news events further aligns with the reality of the forex markets, preparing traders for the live conditions they will face.

The emphasis on ethical trading practices and the strict prohibition of exploitative strategies reflect DeiFunded’s dedication to maintaining the integrity of the trading experience. For traders who are serious about their craft and seek a platform that offers freedom within a framework of integrity, DeiFunded could be the ideal choice. As prop trading firms continue to evolve, DeiFunded’s trader-centric model, combined with its transparent policies and progressive trading environment, positions it as a noteworthy option for traders aiming to reach new heights in the competitive forex market. To conclude, DeiFunded is more than just a prop firm; it’s a partner in the truest sense, facilitating traders’ aspirations to thrive in the global financial markets. For an in-depth review of DeiFunded’s offerings and how it compares to other firms in the industry, consider visiting allproptradingfirms.com and allproptradingfirms.com/list/ for comprehensive insights and comparisons.

DeiFunded Details

Trading Platforms
Deposit Methods
Withdrawal Methods
Tradable instruments
Incorporation
Account Currencies
Brokers
Maximum Capital Allocation

Unlock your trading potential with DeiFunded's innovative and trader-focused evaluation program.

10.0
Fees
7.0
Easy of Evolution
7.0
Trading Conditions
7.0
Profit Sharing Model
7.8 Overall Rating

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DeiFunded
7.8/10
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