Exploring the world of proprietary trading firms reveals Direct Funded Trader as a noteworthy entrant. With their trader-centric approach, diverse funding options, and attractive profit splits, they are redefining the landscape for forex traders globally. In this detailed review, we delve into what makes Direct Funded Trader a preferred choice for both novice and experienced traders in the forex market.

Direct Funded Trader: A Prop Trading Innovator

Direct Funded Trader stands out as a rapidly progressing prop trading firm in the financial sector. Their forward-thinking approach integrates cutting-edge technology and contemporary strategies, catering to traders aspiring to advance their careers. The firm offers traders the chance to handle accounts as large as $200,000, along with an attractive profit split of 80%. Traders at Direct Funded Trader can engage in various markets, including forex pairs, commodities, indices, and cryptocurrencies, opening doors to diverse trading possibilities.

Who are Direct Funded Trader?

Established on February 28, 2023, Direct Funded Trader has quickly risen as a prominent proprietary trading firm, with its headquarters nestled in the United Arab Emirates. The firm is recognized for its dynamic growth and innovation in the prop trading industry. Direct Funded Trader empowers traders by offering them the opportunity to manage accounts with balances up to $200,000 and enjoy 80% profit splits. They have formed a strategic partnership with Blueberry Markets, serving as their primary broker. The firm’s headquarters are situated at Business Center 1, M Floor, The Meydan Hotel, Nad Al Sheba, in Dubai, United Arab Emirates.

Who is the CEO of Direct Funded Trader?

At the helm of Direct Funded Trader is CEO Arthur Kaziu, who plays a pivotal role in the firm’s operations and strategic direction. Further details about Arthur Kaziu and his vision for the company will be shared in the future, offering more insights into the leadership driving Direct Funded Trader’s success.

Funding Program Options at Direct Funded Trader

Direct Funded Trader presents two distinct funding program options for traders:

Evaluation Program

• Evaluation Program: This program is designed to identify skilled traders who can demonstrate consistent performance across two phases of evaluation. The program offers a leverage of 1:100.
• Fast Funding: This includes two types of funding: Standard Fast Funding and Aggressive Fast Funding.

Details of the Evaluation Program

The Evaluation Program at Direct Funded Trader is structured to assess a trader’s ability across two phases:

• Phase One: Traders must achieve an 8% profit target without exceeding a 5% maximum daily loss or a 10% overall maximum loss. There’s no limit on the maximum trading days, but a minimum of five trading days is mandatory.
• Phase Two: Traders are required to reach a 5% profit target, adhering to the same loss limitations as in phase one. The minimum trading day requirement remains the same.

Upon successful completion of both phases, traders receive a funded account with no profit targets, but must maintain the 5% maximum daily loss and 10% maximum loss rules. The first payout, including a 150% refund registration fee and a $3 cashback per lot traded during the evaluation, occurs 30 days after the first position on the funded account. Subsequent withdrawals are bi-weekly, with an 80% profit split.

Evaluation Program Scaling Plan

Traders in the Evaluation Program benefit from a scaling plan. A 25% account growth qualifies for a 50% increase in initial account size, potentially scaling up to $1,000,000 in capital.

Evaluation Program Rules

• Profit Target: Traders must meet specific profit targets in each phase, with 8% in Phase 1 and 5% in Phase 2. Funded accounts have no set profit targets.
• Maximum Daily Loss: A limit of 5% loss in a single trading day for all account sizes.
• Maximum Loss: An overall loss limit of 10% for all account sizes.
• Minimum Trading Days: A requirement of at least 5 trading days in both evaluation phases.

Fast Funding

Direct Funded Trader offers two types of fast funding programs: Standard Fast Funding and Aggressive Fast Funding.

Standard Fast Funding

The Standard Fast Funding program at Direct Funded Trader is tailored for disciplined traders aiming for consistent profits through a single evaluation phase, with 1:50 leverage.

• Account Sizes and Prices: $15,000 for $150, $25,000 for $280, $50,000 for $350, and $100,000 for $590.
• Profit Target: A 10% profit target must be reached without exceeding a 4% maximum daily loss and a 7% maximum loss. There are no maximum trading days, but a minimum of five trading days is required.
• Weekend Trading: Holding trades over the weekend is not allowed.
• Funded Account: Upon completing the evaluation, traders get a funded account with no profit targets, adhering to the 4% daily and 7% overall loss limits. The first payout occurs 30 days after the first funded account position and includes a 150% refund on registration fees and $3 cashback per lot traded during the evaluation. Withdrawals are bi-weekly with an 80% profit split.

Standard Fast Funding Scaling Plan

When an account grows by 25%, traders qualify for a 50% increase in the initial account size, potentially scaling up to $1,000,000.

Standard Fast Funding Rules

• Profit Target: 10% in the evaluation phase.
• Maximum Daily Loss: 4% for all account sizes.
• Maximum Loss: 7% for all account sizes.
• Minimum Trading Days: At least 5 days in the evaluation phase.
• No Weekend Holding: Open positions cannot be held over the weekend.

Aggressive Fast Funding

The Aggressive Fast Funding program is designed for traders who prefer a more dynamic approach with 1:30 leverage.

• Account Sizes and Prices: $15,000 for $190, $25,000 for $320, $50,000 for $390, and $100,000 for $620.
• Profit Target: A 10% profit target with the same loss limitations as the standard program. The minimum of five trading days applies, but no maximum trading days.
• Weekend Trading: Holding trades over the weekend is allowed.
• Funded Account: Similar to the standard program, with the same payout terms and profit split.

Aggressive Fast Funding Scaling Plan

Traders can scale their accounts by 50% each time they achieve a 25% growth, up to a maximum of $1,000,000.

Aggressive Fast Funding Rules

• Profit Target: 10% in the evaluation phase.
• Maximum Daily Loss: 4% for all account sizes.
• Maximum Loss: 7% for all account sizes.
• Minimum Trading Days: At least 5 days in the evaluation phase.
• Weekend Holding Allowed: Traders can hold open positions over the weekend.
  
  

Unique Features of Direct Funded Trader Compared to Other Prop Firms

Direct Funded Trader stands out in the prop trading industry with several distinctive features:

• Diverse Funding Programs: They offer two innovative funding programs – a two-step Evaluation Program and a one-step Fast Funding Program. Traders have the flexibility to choose between Standard and Aggressive account types in the Fast Funding Program.
• $3 Cashback Per Traded Lot: A unique incentive, Direct Funded Trader provides a $3 cashback for each lot traded during the evaluation challenge, which is included in the trader’s first withdrawal.
• Two-Phase Evaluation Program: This program requires traders to pass through two distinct phases before they become eligible for payouts. With an 8% profit target in phase one and 5% in phase two, coupled with a 5% maximum daily and 10% maximum loss limit, the program offers no maximum trading days. This contrasts with the typical practices of other leading prop firms, as Direct Funded Trader offers lower profit targets and an unlimited trading period.

These features position Direct Funded Trader as a unique player in the prop trading firm arena, providing enhanced flexibility and rewards to its traders.

Comparison Between Direct Funded Trader and Finotive Funding

This comparison table outlines the key differences and similarities in the trading objectives of Direct Funded Trader and Finotive Funding. It highlights aspects such as profit targets, loss limitations, trading days, and profit splits, providing a clear overview for traders evaluating these two prop trading firms.

Comparison Between Direct Funded Trader and Funded Trading Plus

This table provides a comparative overview of the trading objectives between Direct Funded Trader and Funded Trading Plus, especially in their advanced program. It outlines the variations in profit targets, loss rules, trading days requirements, and profit splits between these two firms.

Comparison Between Direct Funded Trader and FundedNext

This table contrasts Direct Funded Trader with FundedNext, particularly in their evaluation criteria. It highlights the differences and similarities in profit targets, loss parameters, trading day requirements, and profit splits between these two prop trading firms. Further emphasizing Direct Funded Trader’s unique offerings:

• Standard Fast Funding Account: This account type has a single-phase evaluation with a 10% profit target, 4% maximum daily loss, and 7% maximum loss rules, requiring a minimum of 5 trading days. It features above-average drawdown limitations and an unlimited trading period, but prohibits weekend trading.
• Aggressive Fast Funding Account: Similar to the standard account but allows weekend trading.

Direct Funded Trader’s flexible funding programs and relaxed trading rules, including an unlimited trading period, provide traders with the opportunity to progress through the evaluation at their own pace, setting them apart from other industry leaders.

Is Getting Capital from Direct Funded Trader Realistic?

When evaluating the feasibility of obtaining capital from a prop trading firm like Direct Funded Trader, it’s crucial to assess the trading requirements against your forex trading style. Let’s explore the realism of Direct Funded Trader’s funding programs:

• Evaluation Program: This program offers below-average profit targets (8% in phase one and 5% in phase two), which are relatively achievable. Coupled with standard maximum loss rules (5% maximum daily and 10% maximum loss), obtaining capital through this program appears realistic.
• Standard Fast Funding Accounts: These accounts have an average profit target of 10% and reasonable loss rules (4% maximum daily and 7% maximum loss). However, traders should note the restriction on weekend trade holding, which may influence their trading strategy.
• Aggressive Fast Funding Accounts: Similar to the standard accounts in terms of profit targets and loss rules, but with the added flexibility of weekend trade holding. This option can be realistic for traders who prefer a more aggressive approach.

Considering the trading objectives and conditions for payouts, Direct Funded Trader presents a compelling option for traders. With two distinct funding programs and realistic trading goals, it stands out as a viable choice for traders looking to get funded in the forex market.

Payment Proof from Direct Funded Trader

As Direct Funded Trader was established recently, on February 28, 2023, the availability of extensive payment proof is currently limited. However, it’s noteworthy to mention that, based on our insights into the company, they have successfully executed a number of payouts to members of their trading community. We will provide updates as more payment proof becomes available.


For traders who successfully reach funded status with any of Direct Funded Trader’s funding programs, the payout process is as follows:

• First Payout: Eligibility for the first payout arises 30 calendar days after reaching funded status.
• Subsequent Payouts: After the initial payout, traders become eligible for bi-weekly payouts. This means traders can request a withdrawal every 14 calendar days, provided they are profitable.
• Profit Split: Regardless of the chosen funding program, payouts include a generous 80% profit split.

This structured approach to payouts reflects Direct Funded Trader’s commitment to rewarding successful traders and provides a clear timeline for those aiming to achieve and benefit from funded status.

Brokers Associated with Direct Funded Trader

Direct Funded Trader collaborates with Blueberry Markets as their primary broker for forex trading.

About Blueberry Markets

• Regulation: Blueberry Markets is regulated by the Australian Securities and Investments Commission (ASIC), ensuring a high standard of financial compliance and security.
• Global Reach: This broker is renowned for providing access to a range of financial trading instruments to thousands of traders worldwide.
• Commitment to Traders: Blueberry Markets is known for its dedication to offering an optimal trading experience. This includes providing a robust trading platform, exceptionally tight spreads, and continuous, dedicated customer support.

Trading Platforms

Direct Funded Trader, through Blueberry Markets, offers access to the following trading platforms:

• MetaTrader 4 (MT4): A popular platform known for its user-friendly interface and comprehensive trading tools.
• MetaTrader 5 (MT5): An advanced version of MT4, offering additional features and enhanced trading capabilities.

Traders partnering with Direct Funded Trader have the advantage of utilizing these platforms, facilitating an efficient and versatile trading environment.

Trading Instruments Offered by Direct Funded Trader

Direct Funded Trader provides an extensive range of trading instruments across various markets, with leverage options varying from 1:30 to 1:100 based on the funding program selected. The available instruments include:

Forex Pairs

A wide selection of major, minor, and exotic currency pairs is available for trading. Some examples include:

• Major pairs like EUR/USD, GBP/USD, USD/JPY, and USD/CAD.
• Exotic pairs such as USD/SGD, USD/TRY, and EUR/ZAR.
• Cross currency pairs including EUR/GBP, AUD/NZD, and GBP/AUD.

Commodities

Traders can engage in trading various commodities, including:

• Precious metals like Gold (XAU/USD) and Silver (XAG/USD).
• Energy commodities such as UK Brent (UKBRENT) and US WTI Oil (USWTI).
• Other commodities like Aluminium, Copper, and Zinc.

Indices

Direct Funded Trader offers the opportunity to trade on a range of global indices, including:

• Major indices like the GER30, UK100, NAS100, and DJ30.
• Other indices such as FR40, JP225, CHINA50, and SWISS20.

Cryptocurrencies

The platform also provides access to the dynamic world of cryptocurrencies, featuring:

• Popular cryptocurrencies such as Bitcoin (BTC/USD) and Ethereum (ETH/USD).
• Other digital currencies including Litecoin (LTC/USD), Ripple (XRP/USD), and Cardano (ADA/USD).

This diverse range of trading instruments caters to the varied interests and strategies of forex traders, enabling them to explore different markets and asset classes.

Trading Fees at Direct Funded Trader

Direct Funded Trader charges trading fees in the form of commissions and spreads. Here’s a breakdown of their fee structure:

Trading Commission

The firm has a uniform commission rate for different asset classes:

Spread

To view the live spreads, Direct Funded Trader provides access to a demo trading account:

This approach enables traders to familiarize themselves with the trading environment and fee structure before engaging in live trading.

Education and Community Engagement at Direct Funded Trader

While Direct Funded Trader does not host educational content on their official website, they engage with the trading community through other platforms:

• Forex Factory Thread: Direct Funded Trader has a dedicated thread on Forex Factory. This platform allows traders to discuss various aspects of the company, including the features they offer to their clients. It serves as an informal space for community interaction and knowledge sharing.
• ‘PROP FIRM HUB’ Thread: Created by MasterrMind on ForexFactory, this thread features mentions of Direct Funded Trader. It includes contributions from funded traders and others who have interacted with the company, providing insights and experiences.

To view these discussions and gain a broader understanding of Direct Funded Trader through community perspectives, interested individuals can visit the Forex Factory website. Besides these community-driven resources, Direct Funded Trader facilitates efficient risk management for their clients through a well-organized dashboard. This dashboard offers 24/7 access to detailed statistical trading objectives, aiding traders in their decision-making process.

Direct Funded Trader Trading Dashboard

Direct Funded Trader provides its clients with an advanced and user-friendly trading dashboard. This dashboard is a crucial tool for traders, offering several functionalities:

• Real-Time Monitoring: Traders can track their current trading positions and performance in real-time, enabling them to make informed decisions quickly.
• Risk Management: The dashboard includes features for managing risk effectively. It allows traders to monitor their exposure and adjust strategies accordingly to align with the trading objectives and rules set by Direct Funded Trader.
• Access to Trading Objectives: Traders can view comprehensive statistical objectives directly on the dashboard, which helps in staying aligned with the goals and requirements of the funding program they are participating in.
• User-Friendly Interface: Designed for ease of use, the dashboard provides a clear and intuitive interface, making it accessible for traders of all experience levels.
• 24/7 Accessibility: The dashboard is available around the clock, ensuring that traders have constant access to their account information and the ability to manage their trades at any time.

This trading dashboard is an essential component of the trading experience at Direct Funded Trader, offering a comprehensive and efficient way for traders to manage their accounts and stay on top of their trading activities.

Trustpilot Feedback for Direct Funded Trader

Direct Funded Trader’s presence on Trustpilot is currently in its early stages, with limited but positive feedback from users:

• User Reviews: The company has received a total of 6 reviews on Trustpilot.
• Overall Rating: These reviews cumulatively amount to a commendable score of 4.0 out of 5.
• Community Feedback: As Direct Funded Trader continues to grow and engage with more clients, it is expected that additional feedback and reviews will be shared by the community. We intend to update this section with more user experiences and reviews in the future.

This initial feedback on Trustpilot is a useful indicator for potential clients looking to gauge the reliability and performance of Direct Funded Trader from a user perspective.

Social Media Presence and Customer Support of Direct Funded Trader

Direct Funded Trader has established a notable presence on various social media platforms, alongside offering robust customer support options:

Social Media Statistics

• Instagram: Their Instagram account has garnered a following of 760 users, showcasing their community engagement and updates.
• Discord Channel: A dedicated Discord channel with 211 members, serving as a platform for discussion and community interaction.
• Telegram Channel: They have a Telegram channel with 122 members, where they share information and updates with their audience.

Customer Support

• FAQ Page: Direct Funded Trader provides a comprehensive FAQ page on their website, addressing common queries and concerns.
• Support Team: For more personalized assistance, their support team is reachable via social media platforms or directly through email at support@directfundedtrader.com.
• Discord Channel Support: Clients can also utilize their Discord channel for prompt responses to their questions or issues, ensuring efficient and timely support.

This combination of social media engagement and accessible customer support reflects Direct Funded Trader’s commitment to maintaining an active and supportive presence in the trading community.

Account Opening Process with Direct Funded Trader

Opening an account with Direct Funded Trader is a straightforward process, involving the following steps:

1. Registration Form: Begin by registering on the Direct Funded Trader website. Complete the registration form to create an account and gain access to the trading dashboard.
2. Choose Your Account: After logging in, select the type of account you wish to open. You can choose the account size and trading platform that best suits your trading style and objectives.
3. Apply Discount Code: To avail of a discount, use the code FOREXPROPREVIEWS during the registration process. This code entitles you to a 25% discount on all account types offered by Direct Funded Trader.
4. Choose Your Payment Method: Once the discount code is applied, select your preferred payment method. Options include credit/debit card payments and cryptocurrency transactions.
5. Receive Login Credentials: After completing the purchase, you will receive an email from Direct Funded Trader. This email will contain a welcome message and your login credentials for the trading account you’ve set up.

This efficient and user-friendly process ensures that traders can quickly and easily start their trading journey with Direct Funded Trader.

Conclusion: Direct Funded Trader Review

Direct Funded Trader emerges as a promising new entrant in the proprietary trading firm landscape, offering distinct advantages and features for traders:

• Varied Funding Programs: The firm provides two primary funding programs – a standard two-step Evaluation Program and a one-step Fast Funding Program, which includes both Standard and Aggressive account types, catering to different trading styles and preferences.
• Realistic Profit Targets: The Evaluation Program sets achievable profit targets of 8% in phase one and 5% in phase two, underpinned by a 5% maximum daily and 10% maximum loss rules. The unlimited trading period during the evaluation phases enhances its appeal.
• Profit Splits: Successful traders in the Evaluation Program can earn up to 80% profit splits, providing a substantial incentive for skillful trading.
• Fast Funding Accounts: The Standard Fast Funding account requires a 10% profit target with 4% maximum daily and 7% maximum loss rules, offering an 80% profit split, but prohibits weekend trading. On the other hand, the Aggressive Fast Funding account allows weekend trading under similar conditions.

With its straightforward trading rules and diverse program offerings, Direct Funded Trader is well-suited for a wide range of traders seeking a reliable prop firm. Despite being relatively new in the industry, their favorable trading conditions and commitment to trader success make them a noteworthy option among proprietary trading firms. In summary, Direct Funded Trader stands out as a competitive choice for traders worldwide, offering well-structured programs and realistic trading objectives, positioning itself as one of the more appealing companies in the prop trading sector.