Embarking on a journey with Get Funded Now (GFN) offers traders a unique blend of challenge and opportunity. This in-depth review explores how GFN stands out in the proprietary trading firm landscape, offering insights into its evaluation process, platform benefits, and why it’s the go-to choice for serious traders aiming for financial success.

Get Funded Now (GFN) Review: Unlocking the Potential of Forex Trading

Get Funded Now (GFN) stands out as a proprietary trading firm that specializes in offering virtual evaluation programs, allowing traders to manage accounts up to $300k. This innovative approach enables traders to showcase their trading prowess without risking personal funds, requiring only an upfront evaluation fee. Successful candidates have the privilege of earning up to 90% of the profits generated in their simulated GFN Funded Accounts.

GFN’s unique programs are designed with specific objectives and guidelines to assist traders in refining their strategies, enhancing their understanding of market dynamics, and mastering risk management techniques. This environment is not only conducive to the development of traders at all levels but also rewards them for the profits made from simulated trades. Emphasizing simplicity and efficiency, GFN’s operational model is clear: traders select a virtual account size, pay a one-time evaluation fee (refundable upon the first payout), and aim to meet the virtual target set by either a 2-step or 1-step evaluation process. Upon passing, traders are awarded a simulated GFN Funded Account, with the opportunity to retain up to 90% of the earnings.

The pathway to becoming a GFN Trader involves passing an evaluation to ensure the trader’s capability in managing risk effectively. Upon passing, traders receive a simulated GFN Funded Account with a potential value of up to $300k, where they can earn up to 90% of the generated profits. This straightforward process begins with selecting an evaluation program, paying the fee, and achieving the set objectives, all underscored by GFN’s commitment to providing the most generous evaluation objectives in the industry.

Is Get Funded Now a Credible Proprietary Trading Firm?

Get Funded Now (GFN), led by Neerav Vadera, a veteran with nearly two decades of experience in premier financial institutions worldwide, sets a high standard in the proprietary trading firm landscape. GFN’s inception by an individual of such stature underscores its credibility and distinguishes it from competitors. The company’s core mission is to provide adept traders with unparalleled opportunities to leverage their skills for substantial gains.

GFN’s Global Presence and Contact Information

Operating on a global scale, Get Funded Now is registered in the United Arab Emirates, with its headquarters nestled in Dubai Silicon Oasis, DDP, Building A1, Dubai, UAE. Prospective and current traders can reach out via email (support@getfundednow.com) or the live chat feature on their platform, ensuring accessible and responsive support.

Eligibility Criteria for GFN Traders

GFN opens its doors to individuals and business entities alike, with a minimum age requirement of 18 years for participation. Eligibility hinges on passing the GFN Evaluation, which assesses trading skills and risk management proficiency. However, it’s important to note that services are not extended to individuals from Iran, Syria, and North Korea, those on sanction lists, involved in financial crimes or terrorism, or previously banned for contract breaches.

Why Choose GFN for Prop Trading?

Under the leadership of Neerav Vadera, who boasts a rich history of managing a significant portion of the global daily foreign exchange volume at Barclays Investment Bank, GFN offers an unmatched prop trading solution. Vadera’s deep understanding of trader evaluations and the retail trading environment ensures that GFN provides simple, straightforward evaluation processes, optimal trading metrics, and competitive spreads. This unique approach positions GFN as an unbeatable choice for traders aiming for success in the prop trading domain.

Audition Process: Unlocking Opportunities with Get Funded Now

Embarking on a journey with Get Funded Now (GFN) begins with a vital step: the evaluation process. Aspiring GFN Traders are tasked with demonstrating their trading acumen and risk management skills to qualify for up to 90% of the earnings from a simulated GFN Funded Account. The process is straightforward—select an evaluation program, pay the fee, and meet the outlined objectives. With GFN’s industry-leading evaluation objectives, your chances of success are unparalleled.

What Comes After Passing the GFN Evaluation?

Passing the GFN Evaluation is a significant milestone, ushering you into the realm of trading with a simulated GFN Funded Account and keeping up to 90% of the generated earnings. It’s important to note, all losses are covered by GFN. However, before embarking on this exciting phase, a KYC/AML screening is required to ensure compliance and security for all parties involved.

 Get Funded Now Navigating Breaches in Trading Rules

GFN distinguishes between two types of rule breaches: soft and hard. A soft breach, such as trading without a stop-loss, is rectified by closing the trade, allowing the trader to continue. However, a hard breach, like violating loss limits, results in account revocation, necessitating a new evaluation purchase. Repeat evaluations come with a 20% discount, underscoring GFN’s commitment to giving traders another chance at success.

Repeating the GFN Evaluation: Discounts Offered

GFN encourages persistence and growth by offering a 20% discount for subsequent evaluations. This gesture reflects GFN’s dedication to providing traders with ample opportunities to achieve a funded account.

The Essence of Trading with GFN

Trading with GFN involves managing a simulated account in a demo environment, mirroring real-market conditions through a live feed. This setup, combined with GFN’s proprietary risk management techniques, ensures a realistic and enriching trading experience.

Kickstarting Your GFN Journey & Understanding the Refundable Fee

Starting with GFN is a seamless process. Simply select your desired virtual account size and pay the one-time evaluation fee to receive your credentials. The fee becomes refundable upon achieving your first payout, demonstrating GFN’s commitment to your success. However, it’s important to note that additional purchasable add-ons are not eligible for refund.

Comprehensive Guide to Trading Rules at Get Funded Now

At Get Funded Now (GFN), both the 2 Step evaluation and simulated Funded Accounts adhere to specific trading rules. A breach of these rules, deemed as a “hard breach,” includes exceeding a Daily Loss Limit of 5% or a Max Fixed Drawdown of 12%. Conversely, a “soft breach,” such as trading without a stop-loss (unless exempted through an add-on purchase), allows traders to continue after positions are closed, provided other conditions are met.

Understanding Daily and Max Drawdown Limits

The Daily Loss Limit acts as your account’s “daily stop-loss,” set at 5% from your starting balance, recalculated daily to adapt to account equity. The Max Fixed Drawdown for the 2 Step evaluation remains at a fixed 12% from the starting balance, highlighting GFN’s competitive edge. For the 1 Step evaluation, the Max Relative Drawdown starts at 8%, offering a dynamic threshold that adjusts with your trading success.

Leverage and Trading Hours

GFN offers varying leverage options across different markets, from 30:1 for Forex to 2:1 for Cryptos, allowing flexibility in trading strategies. Trading hours follow those set by our broker, ThinkMarkets, with specifics available on the trading platform.

Position Management and News Trading

Traders have the liberty to hold positions overnight and over weekends, and trading over news events is permitted, ensuring no restrictions hinder your strategic execution.

Utilizing Trading Tools

Expert Advisors (EAs) are welcome at GFN, though high-frequency trading or latency arbitrage is not allowed. Similarly, copy trading is permitted only if the trades are copied from accounts owned by the same individual, maintaining a fair trading environment.

IP and VPN/VPS Guidelines

While trading from multiple IP addresses is monitored for security reasons, GFN understands the need for flexibility due to travel or other circumstances. The use of VPNs or VPSs is discouraged during the KYC/AML verification process to ensure accurate and secure data collection.

Prohibited Strategies and Fair Play

GFN encourages a wide range of trading strategies but prohibits practices that exploit evaluation accounts or simulate risk-free profits. Strategies such as high-frequency trading, latency arbitrage, grid trading, and account sharing or sale are strictly forbidden. GFN is committed to maintaining a trading environment that mirrors real-market conditions, promoting integrity and fair play among its traders.

Navigating Funded Trader Status with Get Funded Now

As a funded trader with Get Funded Now (GFN), you’ll manage a simulated account reflecting the balance chosen during the evaluation stage. Successful traders are initially entitled to a 75% profit share, with the option to increase this to 90% through an add-on purchase. Your journey from evaluation to funded status culminates in receiving credentials for a simulated GFN Funded Account, where your trading skills can truly shine.

Profit Withdrawals and Account Scaling

GFN facilitates bi-weekly profit withdrawals, offering flexibility in either scaling your account or withdrawing earnings via the trader dashboard. Notably, withdrawals impact your account balance and profit share proportionally but do not alter your Max Fixed Drawdown limit, ensuring consistent risk parameters. Additionally, GFN prides itself on offering an industry-leading Scaling Plan, empowering traders to grow their account sizes significantly.

Legalities and Tax Responsibilities

The contractual relationship between GFN and its traders is governed by the agreement signed at the evaluation stage, binding both parties legally. It’s crucial for traders to handle their tax obligations in accordance with their local laws, seeking independent tax advice when necessary.

Futures Trading with GFN

GFN supports futures market trading through MT4 & MT5 instruments, providing a viable alternative to traditional futures platforms with potentially better spreads and more favorable conditions. Traders analyzing markets on platforms like Sierra Chart or NinjaTrader can execute trades on MT4/MT5, benefiting from GFN’s superior metrics and absence of minimum trading days or recurring evaluation fees.

Payout Methods and Compliance

Payouts are processed securely via Riseworks (Rise), offering diverse withdrawal methods including ACH, Bank Wire, and Crypto. GFN ensures compliance by providing tax documents annually through RiseWorks. However, it’s important to note that accounts breached due to violations of trading limits or terms will not be eligible for payouts, emphasizing the importance of adherence to GFN’s trading policies.

Exploring the Platform & Dashboard Features at Get Funded Now

At Get Funded Now, traders have the flexibility to select from the leading industry-standard platforms provided by our broker, ThinkMarkets. These platforms cater to the needs of retail traders, offering a robust trading environment on the Raw account types. Whether you’re a novice or an experienced trader, these platforms ensure you have the necessary tools at your disposal for effective trading.

Dashboard Insights for Informed Trading

Your trading account dashboard at Get Funded Now is designed to equip you with all the essential metrics for a successful trading journey. Key information such as daily loss limits, profit targets, max drawdown, equity, balance, and both monthly and projected annual returns are readily accessible. Additionally, the dashboard provides a detailed account history, showcasing all executed trades. This comprehensive overview allows traders to monitor their performance closely and make informed decisions.

Platform & Dashboard Insights with Get Funded Now

Get Funded Now (GFN) provides its traders access to leading trading platforms through our broker, ThinkMarkets. These platforms, recognized as the industry standard, offer Raw account types, ensuring traders have the tools necessary for effective trading strategies. Within the GFN dashboard, traders can find a comprehensive suite of metrics essential for trading success, including daily loss limits, profit targets, maximum drawdown, equity, balance, monthly and projected annual returns. A detailed account history of all executed trades is also available, providing valuable insights for continuous improvement.

Orders & Billing: Understanding GFN’s Process

Upon purchasing a GFN Evaluation, account credentials and platform download links are promptly emailed, ensuring a quick start to your trading journey. GFN accepts various payment methods, including major credit/debit cards and a wide range of cryptocurrencies, to accommodate global traders. Direct wire payments are also accepted, further enhancing convenience for our users. Purchasing a GFN Evaluation for another person requires a wire transfer to ensure compliance with our fraud checks.

This process is vital for maintaining the integrity of our trading community and ensuring all participants meet our AML/KYC standards. The evaluation fee is a cornerstone of GFN’s commitment to fostering a professional trading environment. It covers operational costs and serves as a commitment from the trader, ensuring only those serious about their trading journey embark on this path. Importantly, this one-time fee is the only financial commitment required from traders, with no hidden or recurring fees.

GFN allows the flexibility of owning multiple funded accounts across different evaluation tiers, providing traders with ample opportunities to scale their trading endeavors. Optional add-ons are available at checkout for those looking to enhance their trading conditions, including increased profit shares, doubled leverage for FX & Metals, and the option to trade without a compulsory stop loss. These add-ons, purchasable with any applicable discounts, offer tailored trading experiences to meet diverse trader needs and preferences.

Concluding Thoughts on Get Funded Now

Get Funded Now (GFN) emerges as a pioneering force in the proprietary trading firm landscape, offering an accessible pathway for traders to leverage their skills without the upfront risk of personal capital. With its rigorous yet fair evaluation process, GFN stands out by providing a realistic simulation of trading environments, allowing traders to manage up to $300k in virtual funds with an attractive profit share model. The platform’s flexibility, supported by ThinkMarkets, ensures that traders have access to industry-standard tools and platforms, further enhancing their trading experience.

The dashboard provides comprehensive insights into trading performance, allowing for informed decision-making and strategy refinement. GFN’s commitment to transparency and support is evident through its straightforward payment and billing process, offering a variety of payment methods and ensuring swift account setup post-evaluation purchase. GFN’s fee structure is designed to filter for commitment and potential, ensuring that only serious traders access its funded accounts.

The absence of hidden or recurring fees underscores GFN’s commitment to providing value and trust to its trading community. Optional add-ons offer customization to fit individual trading styles, making GFN a versatile choice for traders aiming for scalability and flexibility. In summary, Get Funded Now offers a compelling opportunity for traders to prove their prowess and achieve financial success in a simulated, risk-free environment. Its comprehensive support system, transparent operations, and competitive profit-sharing model place it at the forefront of the prop trading industry. For those looking to embark on a professional trading journey, GFN provides the tools, platform, and environment to turn trading skills into tangible rewards.