Discover Funded Engineer, the Dubai-based prop trading firm revolutionizing the forex market. With its specialized challenges and robust scaling plans, it stands out as a premier destination for ambitious traders. Dive into our review to uncover the unique features and opportunities that Funded Engineer offers.
Discover Funded Engineer, the Dubai-based prop trading firm revolutionizing the forex market. With its specialized challenges and robust scaling plans, it stands out as a premier destination for ambitious traders. Dive into our review to uncover the unique features and opportunities that Funded Engineer offers.
- Diverse Trading Challenges.
- Robust Scaling Plans.
- Flexible Withdrawal Options.
- Supportive Trading Environment.
- Comprehensive Trader Education.
Funded Engineer Review: A Unique Prop Firm Led by ‘Trader Tristian’
Funded Engineer, steered by the renowned ‘Trader Tristian’, has carved a distinct niche in the prop trading industry. Tristan’s journey to fame through consistent top rankings and substantial earnings across various prop firms has been inspirational. His extensive background as a funded trader is the cornerstone of Funded Engineer, distinguishing it with an exceptional scaling strategy, absence of restrictive time limits, and equitable challenge conditions.
The London-based company, Funded Engineer, leverages Tristan’s trading expertise to offer a unique experience to its clients. Unlike many other prop firms, Funded Engineer focuses on providing traders with an environment where growth and flexibility are paramount. The prop firm’s standout features include an expansive scaling plan that opens doors for exponential growth, coupled with the freedom of no time constraints, allowing traders to operate at their own pace. For traders seeking a platform that aligns with their aspirations and offers fair challenge terms, the funded programme at Funded Engineer presents a compelling choice.
The prop firm’s approach is tailored to nurture talent and reward proficiency, making it an attractive destination for both seasoned and aspiring traders. Learn more about prop trading firms and their offerings at allproptradingfirms.com, where you can explore a comprehensive list of options, including innovative firms like Funded Engineer.
Funded Engineer’s Comprehensive Package and Pricing Options
Pricing and Options of Funded Engineer’s Turbo Challenge (1 Step)
The Turbo Challenge by the funded programme offers various funding amounts with corresponding prices, tailored for traders who prefer a swift and streamlined challenge:
- For a $6,000 funding amount, the price is $59.
- For a $10,000 funding amount, the price is $125.
- For a $25,000 funding amount, the price is $225.
- For a $50,000 funding amount, the price is $350.
- For a $100,000 funding amount, the price is $550.
- For a $200,000 funding amount, the price is $1050.
- For a $300,000 funding amount, the price is $1550.
- For a $400,000 funding amount, the price is $2050.
- For a $500,000 funding amount, the price is $2550.
Standard Challenge (2 Step) Pricing Structure
The Standard Challenge from Funded Engineer is a two-step process, offering diverse funding options:
- For a $6,000 funding amount, the price is $69.
- For a $10,000 funding amount, the price is $135.
- For a $25,000 funding amount, the price is $250.
- For a $50,000 funding amount, the price is $375.
- For a $100,000 funding amount, the price is $575.
- For a $200,000 funding amount, the price is $1100.
- For a $300,000 funding amount, the price is $1600.
- For a $400,000 funding amount, the price is $2150.
- For a $500,000 funding amount, the price is $2600.
Details of the Superior Challenge (2 Step)
The Superior Challenge, also a two-step format, is structured to accommodate various levels of trading ambitions:
- $59 for a $6,000 funding amount.
- $125 for a $10,000 funding amount.
- $225 for a $25,000 funding amount.
- $350 for a $50,000 funding amount.
- $550 for a $100,000 funding amount.
- $1050 for a $200,000 funding amount.
- $1550 for a $300,000 funding amount.
- $2050 for a $400,000 funding amount.
- $2550 for a $500,000 funding amount.
To explore more about forex funded programmes and prop trading firms, visit allproptradingfirms.com for detailed insights and comparisons.
Funded Engineer Scaling Plan: An Overview of Trader Growth Opportunities
Funded Engineer’s scaling plan is innovatively designed to facilitate trader growth. Capital increases occur every three months, beginning from the first trade date. To be eligible for these increases, traders must achieve a net profit of at least 10% over a three-month period. The scaling plan encompasses various packages, each offering unique benefits and enhancements.
Geared Package
Available after 3 months of profitable trading, the Geared Package includes:
- Split Upgrade: From 80/20 to 90/10.
- Initial Account Balance Increase: +25%.
- Max Drawdown: Increased by +2%.
- Max Daily Drawdown: Increased by +1%.
- Monthly Salary: $200 USD for $6,000 to $100,000 challenges; $500 USD for $200,000 to $500,000 challenges.
- Monthly 1-on-1 Coaching Session with a Mindset Psychologist.
- Free Challenge for Account Failure (Same value as initial purchase).
Geared Up Package
After 6 months of profitable trading, traders can access the Geared Up Package:
- Split: 90/10.
- Initial Account Balance Increase: +50%.
- Max Drawdown: Increased by +4%.
- Max Daily Drawdown: Increased by +2%.
- Monthly Salary: $500 USD for $6,000 to $100,000 challenges; $1,000 USD for $200,000 to $500,000 challenges.
- Monthly 1-on-1 Coaching Session with a Mindset Psychologist.
- Free Challenge for Account Failure (Same value as initial purchase).
Geared Elite Package
Available after 9 months of consistent profitability, the Geared Elite Package offers:
- Split: 90/10.
- Initial Account Balance Increase: +75%.
- Max Drawdown: Increased by +6%.
- Max Daily Drawdown: Increased by +3%.
- Monthly Salary: $500 USD for $6,000 to $100,000 challenges; $1,000 USD for $200,000 to $500,000 challenges.
- Monthly 1-on-1 Coaching Session with a Mindset Psychologist.
- Free Challenge for Account Failure.
- Concierge Service: Worth up to $2,000.
Engineered Package
The pinnacle of the scaling plan, the Engineered Package, is accessible after 12 months of profitable trading:
- Split: 90/10.
- Initial Account Balance Increase: +100%.
- Max Drawdown: Increased by +10%.
- Max Daily Drawdown: Increased by +4%.
- Monthly Salary: $500 USD for $6,000 to $100,000 challenges; $1,000 USD for $200,000 to $500,000 challenges.
- Monthly 1-on-1 Coaching Session with a Mindset Psychologist.
- Free Challenge for Account Failure.
- Concierge Service: Worth up to $5,000.
Traders must have processed at least three withdrawals within the three-month period and maintain a balance higher than the initial one at the time of the increase. The Funded Engineer team contacts eligible traders within 24 hours to provide the additional balance and updated drawdown rules. For merged accounts, the 25% balance increase applies to the initial challenge balance. For further insights into forex funded programmes and to compare prop trading firms, visit allproptradingfirms.com.
Qualifying for Monthly Salary and Understanding Withdrawal Options at Funded Engineer
To be eligible for a monthly salary at Funded Engineer, traders must achieve the ‘Geared Package’ status within the scaling plan. This monthly allowance is a direct benefit to the traders, subject to specific trading terms. The monthly salary is applied on a per-user basis, offering additional financial incentives to those reaching this milestone in their trading journey.
Funded Engineer Withdrawal Options and Process
Traders with a funded account at Funded Engineer have the opportunity to request payouts, subject to the following conditions:
- Eligibility for payouts begins 14 days after receiving the funded account.
- The account must show a profit from its initial starting balance.
- At the time of the withdrawal request, no open positions or orders should be active.
- The minimum withdrawal amount is set at $50.
- Submitting a withdrawal request will place the account in read-only mode, preventing further trades until the review and withdrawal process is complete.
For the convenience of traders, Funded Engineer offers diverse withdrawal methods, including Deel and various cryptocurrency options. This flexibility allows traders to choose the most suitable and efficient way to access their earnings. For more information on forex funded programmes and comparisons of various prop trading firms, please visit allproptradingfirms.com.
Assessing the Legitimacy of The Funded Engineer Program
Funded Engineer is a legitimate prop trading firm, offering traders the opportunity to trade with their capital in the forex market. This is not a scam, but rather a platform where aspiring traders can prove their skills through an evaluation process to qualify for funding. The key aspects of the Funded Engineer program include:
- Evaluation Process: Traders are expected to demonstrate their trading talent and ability to maximize returns on trades.
- Eligibility Criteria: Participants must be over eighteen years old to join the program.
- One-Time Evaluation Fee: A fee is required to select your preferred account type and begin trading.
- Account Options: Multiple account sizes and price points are available, catering to different levels of traders.
- Trading Rules Compliance: Success in the program hinges on adherence to trading rules and effective risk management.
Funded Engineer maintains an active online presence with official accounts on Facebook, Twitter, Instagram, and YouTube. These platforms offer current and potential traders access to vital information and updates. Additionally, the firm has established communities on Discord and Telegram, further enhancing its accessibility and transparency. All relevant links can be found in the footer of the company’s website. To explore more about the authenticity and operations of forex prop firms like Funded Engineer, visit allproptradingfirms.com for comprehensive reviews and insights.
Funded Engineer Reviews: A Comprehensive Analysis
Funded Engineer, a prominent name in the prop trading industry, has garnered considerable attention on its Trustpilot page. As of the latest update, the company has received a total of 413 reviews, reflecting a broad spectrum of user experiences and insights.
The breakdown of these reviews is as follows:
- Excellent Reviews: A remarkable 92% of the reviews are rated at 5 stars, indicating a high level of satisfaction among a vast majority of users.
- Critical Reviews: Conversely, 5% of the reviews are 1 star, suggesting areas where some users faced challenges or were dissatisfied with their experience.
This distribution of reviews highlights Funded Engineer’s overall positive reception in the trading community, while also acknowledging the presence of some critical feedback. The overwhelmingly positive reviews may point to the firm’s effective trading platforms, supportive learning environment, and robust customer service. Meanwhile, the critical reviews offer valuable insights into potential areas for improvement. For a deeper understanding of the experiences and opinions of traders involved with various forex funded programmes, including Funded Engineer, visit allproptradingfirms.com for detailed reviews and user feedback.
Funded Engineer Contact and Company Information
Funded Engineer, a prop trading firm, has provided specific contact and company information on its website, albeit in a limited capacity compared to some of its competitors in the industry. The official address listed on the website is: Dubai Silicon Oasis, DDP, Building A2, Dubai, United Arab Emirates Regarding company specifics, the privacy policy page of the Funded Engineer website includes the following details:
- Company Name: FundedEngineer FZCO
- License Number: 24345
It is notable that Funded Engineer does not provide extensive company information on its “About Us” page. This approach differs from many competitors in the prop trading space, who often share more comprehensive details about their operations, history, and team. However, the information available does offer a level of transparency and can be used for initial contact or verification purposes. For more insights into the practices of various forex prop firms and comparisons with Funded Engineer, visit allproptradingfirms.com, which offers a wealth of information on different prop trading firms.