Funded Squad Review 2026
Learn more about TU’s methodology
- $109
- TradeLocker
- Match Trader
- Lot restrictions apply. Stop-loss and take-profit orders are optional
- Before 1:30.
Our Evaluation of Funded Squad
Learn more about TU’s methodology
Funded Squad is a prop trading firm with higher-than-average risk and the TU Overall Score of 3.82 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Funded Squad clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable partner with better conditions, as, according to reviews, many clients of this firm are not satisfied with the company’s work.
How we tested Funded Squad
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Funded Squad
Funded Squad is a proprietary trading firm founded in 2024 and registered in Dubai (UAE) under license No. 46706, issued by the International Free Zone Authority (IFZA). The company provides traders with funded accounts through several challenge models: One Step, Two Step, and an Instant Funding program. Supported platforms include Match-Trader and TradeLocker. Available instruments include currency pairs, cryptocurrencies, indices, and commodities. Traders benefit from account scaling up to $1,000,000, reward protection, and guaranteed payouts within 12 hours or $1,000 compensation.
- Choice of four challenge formats, including Instant Funding
- Transparent account scaling terms up to $1,000,000 with up to 90% profit payouts
- Guaranteed payouts within 12 hours
- Regular discounts on challenge fees
- No support for MetaTrader or cTrader platforms
- No trial accounts available
TU Expert Verdict
Chief Analytics Officer
Funded Squad is a proprietary trading firm that offers One Step, Two Step, 2-Step Pro, and Instant Funding evaluation programs, with funded accounts reaching up to $200,000 per individual and potential scaling to $1,000,000. Plans are available with starting fees from $109, and traders use the Match-Trader or TradeLocker platforms to access trading in Forex pairs, stock CFDs, indices, metals, commodities, and cryptocurrencies. Payouts reach up to 90% of profits, with a twelve-hour payout guarantee and the possibility of challenge fee refunds after three withdrawals. Conditions include regular discounts on challenge fees and flexible weekend holding for most account types.
However, a notable drawback is that Funded Squad is only registered in Dubai with IFZA and is not internationally regulated, which may be relevant for risk-conscious traders. Additional disadvantages include no support for MetaTrader or cTrader, limited communication channels, no trial accounts, restriction on VPN or VPS use, and product-specific leverage rules as low as 1:2 for crypto and 1:10 for gold and Instant Funding Forex. Funded Squad may not be suitable for those who require broader regulatory oversight or priority platform compatibility.
Funded Squad Summary
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | TradeLocker, Match-Trader |
|---|---|
| 📊 Accounts: | 1-Step Challenge, 2-Step Challenge, 2-Step Pro Challenge, Instant Funding |
| 💰 Account currency: | USD |
| 💵 Deposit / Withdrawal: | Credit and debit cards, PayPal, Skrill, cryptocurrencies / Rise, cryptocurrencies |
| 🚀 Minimum deposit: | $109 |
| ⚖️ Leverage: | Before 1:30. |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | 0.01 lot |
| 💱 EUR/USD spread: | From 0.1 pip |
| 🔧 Instruments: | Forex pairs, CFDs on indices, metals, commodities, and cryptocurrencies |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Lot restrictions apply. Stop-loss and take-profit orders are optional |
| 🎁 Contests and bonuses: | Yes |
One Step challenges use a trailing drawdown model. Two Step challenges apply a fixed absolute drawdown, while Instant Funding operates with a Smart Drawdown structure. Leverage on Instant Funding accounts is 1:10 for Forex and gold. Evaluation challenges provide leverage of 1:30 for Forex, 1:10 for metals, commodities, and indices, and 1:2 for crypto. The use of VPNs and VPS is prohibited.
Funded Squad Key Parameters Evaluation
Deposit and Withdrawal
Funded Squad earned a Medium score based on how smoothly and conveniently traders can deposit and withdraw funds.
The deposit and withdrawal options at Funded Squad meet most standard requirements and are in line with what many prop firms provide.
- Bank сard deposits and withdrawals
- On-demand withdrawals
- PayPal supported
- Wise not supported
- Bank transfers not available
Deposit and withdrawal options
To help you evaluate how Funded Squad performs, we compared its deposit and withdrawal methods with those of two competing proprietary trading firms.
Funded Squad Payment options vs Competitors
| Funded Squad | FundedNext | Plutus Trade Base | |
| Bank Card | Yes | Yes | Yes |
| Bank Wire | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | Yes | Yes | Yes |
| Wise | No | No | Yes |
| Payoneer | No | No | No |
| Skrill | No | No | No |
| Neteller | No | No | No |
Profit withdrawal frequency
We compared Funded Squad with other prop firms based on how frequently traders can withdraw their profits: on demand, weekly, or monthly. Firms that allow more frequent payouts offer greater flexibility and quicker access to earnings.
| Funded Squad | FundedNext | Plutus Trade Base | |
| On demand | Yes | No | Yes |
| Weekly | No | No | Yes |
| Biweekly | Yes | Yes | No |
| Monthly | No | No | No |
What base account currencies are available?
Funded Squad offers the following base account currencies:
Trading Account Opening
To access funding from Funded Squad, create an account and pay the participation fee. Here’s a step-by-step guide:
Select the challenge type and funding amount.
Choose a trading platform (TradeLocker costs $10 more than Match-Trader).
Complete the registration form.
Pay for the selected challenge.
Is Funded Squad Safe?
Funded Squad operates under DEVIONICS TECHNOLOGY – FZCO, registered with IFZA in Dubai, UAE, under license No. 46706. It is officially registered but lacks oversight from global financial regulators or participation in compensation schemes.
Advantages
- Legal registration in UAE
- Open to traders worldwide, including the U.S.
Disadvantages
- No international regulation
- No information on liquidity providers
Markets and Tradable Assets
Funded Squad has a score of 8/10, reflecting a strong variety of markets and assets available for trading.
- Forex trading supported
- Indices available
- CFDs offered
- Futures not available
- Options not supported
Tradable markets
We compared the range of tradable instruments offered by Funded Squad with two leading competitors to highlight the differences in market access.
| Funded Squad | FundedNext | Plutus Trade Base | |
| Futures | No | Yes | No |
| CFDs | Yes | Yes | Yes |
| Forex | Yes | Yes | Yes |
| Options | No | No | No |
| Stocks | Yes | No | Yes |
| Crypto | Yes | Yes | Yes |
| Indices | Yes | Yes | Yes |
Investment Options
Only the account owner may operate a Funded Squad account. Transferring access or permitting others to trade violates the terms and may result in closure. Expert Advisors are permitted, provided they do not engage in restricted practices such as high-frequency trading or arbitrage. Traders may manually copy their own trades across their accounts, but copying from external platforms or other traders’ accounts is not allowed.
Partnership Program from Funded Squad
Funded Squad runs a four-tier affiliate program based on referral numbers.
Referral commission rates:
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Starter (1–40 referrals): 8%
-
Pro (41–100 referrals): 10%
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Elite (101–300 referrals): 12.5%
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Legendary (301+ referrals): 15%
Additional rewards apply. After 50 referrals, users receive free access to One or Two Step challenges. With over 1,000 referrals, participants gain access to Instant Funding and a $3,000 bonus.
Customer Support
The fastest way to contact Funded Squad is via the website’s live chat. Agents respond within minutes.
Advantages
- Chat support
- Discord available
Disadvantages
- Limited communication channels
- No phone support
Support Channels:
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Live chat
-
Website contact form
-
Email
-
Discord
The company’s office is listed in Dubai, UAE.
Contacts
| Registration address | Office No. 001, DDO IFZA Business Park, Dubai Silicon Oasis, Dubai (UAE), PO BOX- 342001 |
|---|---|
| Official site | https://fundedsquad.com |
| Contacts |
Education
Funded Squad’s official website does not offer educational content or training resources for traders.
Funded Squad targets experienced traders, so beginners must seek education externally.
Detailed review of Funded Squad
Funded Squad provides accounts of up to $200,000, with a maximum combined cap of $400,000 per trader. To pass evaluation, traders must achieve profit and drawdown targets and record trades on at least three separate days with a gain of 0.5% or more each time. Group trading and the use of signal services are prohibited.
Funded Squad by the numbers:
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Account scaling up to $1,000,000
-
Over $178,000 in payouts
-
More than 2,900 active traders
-
Available in 68 countries
-
Up to 90% profit share
Funded Squad is a prop firm offering flexible conditions and payouts of up to 90 percent of profits.
News trading is permitted during challenges, but on funded simulation accounts, traders cannot open positions within four minutes before or after major news. Positions opened shortly before and closed during the restricted period may be disqualified if they were placed less than two hours before the event. Weekend holding is available in all challenge phases and funded accounts except Instant Funding. Violations of this rule may result in denied payouts.
Funded Squad guarantees payouts within 12 hours, with $1,000 compensation if this condition is not met. Reward protection ensures traders keep their bonus even if the funded account is lost.
Useful features:
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Refund of challenge fee after the third payout
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Flexible weekend holding (excluding Instant Funding)
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News trading allowed on challenge accounts
-
Manual copying of one’s own trades between accounts
Advantages:
Tiered affiliate program
Multiple withdrawal options, including Rise and crypto
No time limit to complete challenges
Responsive support
Reward protection policy
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