Direct Funded Trader was established in February 2023 and is registered in Dubai, UAE. Owned by Arthus Kaziu, they focus on traders, offer various funding options, and provide good profit splits, changing forex trading worldwide.
Traders can trade forex pairs, commodities, indices, and cryptocurrencies, offering many trading opportunities.
Direct Funded Trader Coupon Codes
Direct Funded Trader doesn’t have any active coupon codes at the moment.
Community Feedback for Direct Funded Trader
Direct Funded Trader has a 4.1 star on TrustPilot based on 62 reviews. Most of the users think that the dashboard has a great design and it is easy to use. The payouts are fast, as well as the customer support replies. A small number of users think that the rules aren’t as transparent as they should be.
Platforms Used by Direct Funded Trader for Trading
You have the option to use either MT4 or MT5 as trading platforms at Direct Funded Trader.
Direct Funded Trader: Instruments You Can Trade
The available instruments are:
- Cryptocurrencies (ETH/BTC only)
- Energies
- Forex
- Indices
- Metals
Payment Options at Direct Funded Trader
The available payment options are Crypto and Credit/Debit Cards.
Account Size Options in Direct Funded Trader
Fast Funding Standard and Fast Funding Aggressive have four different account sizes that go from $15k to $100k. The Evaluation Challenge has five account sizes from $15k to $200k.
Understanding Profit Splits at Direct Funded Trader
The starting profit split is 80%. Once you reach five payouts, it rises to 90%. But if you fail, it goes back to the original 80%.
Direct Funded Trader Approach to Profit Targets
In the two-step Evaluation challenge, you aim for an 8% profit in the first stage and 5% in the second. The Fast Funding Standard Challenge and Fast Funding Aggressive have a 10% profit goal.
Drawdown Rules and Daily/Max Loss Policy at Direct Funded Trader
The Maximum Daily Loss:
- Evaluation Challenge – 5% Daily Loss
- Fast Funding Standard – 4% Daily Loss
- Fast Funding Aggressive – 4% Daily Loss
The Maximum Overall Loss:
- Evaluation Challenge – 10% Max Overall Loss
- Fast Funding Standard – 7% Max Overall Loss
- Fast Funding Aggressive – 7% Max Overall Loss
Minimum and Maximum Trading Days at Direct Funded Trader
All challenges let you trade for as many days as you want. But, the minimum is 5 trading days.
Step Challenges Available at Direct Funded Trader
The Evaluation Challenge consists of two steps, while the other two challenges have only one step.
Costs of Entry for Direct Funded Trader Challenges
Evaluation Challenge
Account Size | Price |
---|---|
$15k | $100 |
$25k | $199 |
$50k | $299 |
$100k | $479 |
$200k | $979 |
Fast Funding Standard
Account Size | Price |
---|---|
$15k | $150 |
$25k | $280 |
$50k | $359 |
$100k | $590 |
Account Size | Price |
---|---|
$15k | $190 |
$25k | $320 |
$50k | $390 |
$100k | $620 |
Commissions and Fees at Direct Funded Trader
You’ll get charged for a $5 commission per lot across all pairs.
How Can I Contact Direct Funded Trader?
You can contact the Direct Funded Trader customer support via;
- Live chat
- email:[email protected]
Refund Options at Direct Funded Trader
The fees are fully refundable only if you don’t reset the challenge. If you reset the challenge in the middle, the amount that will be refunded is only the most recent fee you paid to get your account. Fees are sent with the first payout.
Does Direct Funded Trader Offer a Free Trial?
Direct Funded Trader doesn’t offer a free trial, but they do offer a free retry.
Payment Frequency at Direct Funded Trader
The first payment can be requested after a month. All next payments are every two weeks.
Direct Funded Trader FAQ
Yes, you can trade over the weekend on Evaluation, Fast Funding Standard, and funded accounts, including Crypto instruments. Just be cautious of market gaps for Forex pairs, Indices, and Commodities during weekend trading hours.
What’s the difference between Evaluation and Fast Funding Account?
An Evaluation account involves a two-phase trading evaluation where traders meet objectives in Phase I and Phase II. The Fast Funding account is similar but with only one phase.
Yes, the restricted countries that can’t trade with Direct Funded Trader are:
United Arab Emirates (UAE)
Pakistan
Vietnam
Iran
USA
Myanmar
What is Your Leverage?
The leverage is 1:100 on FX Instruments.
Yes, trading on mobile devices is supported.