Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (2024)

Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (1)

Direct Funded Trader is one of the fastest-evolving prop trading companies within the industry. They have an extensive vision that includes groundbreaking technology and modern solutions for traders who are looking for opportunities to take the next step in their trading careers. Traders have an opportunity to manage account sizes up to $200,000 and take home profit splits of 80%. This is achievable by trading forex pairs, commodities, indices, stocks, and cryptocurrencies.

Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (2)

Who are Direct Funded Trader?

Direct Funded Trader is a proprietary trading firm with the legal name GFT GROUP LLC, which was incorporated on the 28th of February, 2023. They are located in Dubai, United Arab Emirates, and are being managed by CEO Arthur Kaziu.Direct Funded Trader provides traders with the opportunity to choose between two account types, a two-step evaluation and a one-step evaluation, while being partnered with Blueberry Markets as their broker.

Direct Funded Trader’s headquarters are located at Business Center 1, M Floor, The Meydan Hotel, Nad Al Sheba, Dubai, United Arab Emirates.

Who is the CEO of Direct Funded Trader?

Arthur Kaziu is the CEO ofDirect Funded Trader. Note that we will be adding more information about their CEO in the future. Stay tuned!

Video Review

Funding Program Options

Direct Funded Trader provides its traders with two unique funding program options:

  • Evaluation Program
  • Fast Funding

Evaluation Program

Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (3)

Direct Funded Trader’s Evaluation Program provides traders the opportunity to manage account sizes ranging from $15,000 up to $200,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Evaluation Program allows you to trade with up to 1:100 leverage.

Account SizePrice
$15,000$100
$25,000$199
$50,000$299
$100,000$479
$200,000$979

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of five trading days in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to trade a minimum of five trading days in order to proceed to a funded account.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 30 calendar days from the day you place your first position on your funded account, while all other withdrawals can be submitted bi-weekly. Your profit split will be 80% based on the profit you make on your funded account. In addition, you will also receive $3 cashback on each lot that was traded during the evaluation.

Evaluation Program Scaling Plan

The Evaluation Program also has a scaling plan. If a trader manages to generate a 25% profit, then you will become eligible for an account size increase equal to 50% of the initial account size.

Example:

After Generating a Profit of 25%: A qualified $100,000 account increases to $150,000.

After the Next 25% Profit: A qualified $150,000 account increases to $200,000.

After the Next 25% Profit: A qualified $200,000 account increases to $250,000.

And so on…

Evaluation Program Trading Rules & Objectives

  • Profit Target– Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss– The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
  • Maximum Loss– The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%.
  • Minimum Trading Days– The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. Both evaluation phases have a minimum trading day requirement of 5 days.
  • No Martingale– Traders are prohibited from employing any form of martingale strategy during their trading activities.

Fast Funding

Direct Funded Trader’s Fast Funding provides traders with the opportunity to manage account sizes ranging from $15,000 up to $100,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The Fast Funding program is divided into two types: Standard and Aggressive. The Standard Fast Funding allows you to trade with leverage of up to 1:50. However, the Aggressive Fast Funding allows you to trade with leverage of up to 1:30. The only other difference is that the Aggressive Fast Funding provides you with the opportunity to hold positions over the weekend, while the Standard Fast Funding requires you to close all your open positions.

Account SizePrice (Standard)Price (Aggressive)
$15,000$150$190
$25,000$280$320
$50,000$350$390
$100,000$590$620

The evaluation phase requires a trader to reach a profit target of 10% while not surpassing their 4% maximum daily loss or 7% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during the evaluation phase. However, you are required to trade a minimum of five trading days in order to proceed to a funded account.

By completing the evaluation phase, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 4% maximum daily loss and 7% maximum loss rules. Your first payout is 30 calendar days from the day you place your first position on your funded account, while all other withdrawals can be submitted bi-weekly. Your profit split will be 80% based on the profit you make on your funded account. In addition, you will also receive $3 cashback on each lot that was traded during the evaluation.

Fast Funding Scaling Plan

Fast Funding also has a scaling plan. If a trader manages to generate a 25% profit, then you will become eligible for an account size increase equal to 50% of the initial account size.

Example:

After Generating a Profit of 25%: A qualified $100,000 account increases to $150,000.

After the Next 25% Profit: A qualified $150,000 account increases to $200,000.

After the Next 25% Profit: A qualified $200,000 account increases to $250,000.

And so on…

Fast Funding Trading Rules & Objectives

  • Profit Target– Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 10%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss– The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 4%.
  • Maximum Loss– The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 7%.
  • Minimum Trading Days– The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. The evaluation phase has a minimum trading day requirement of 5 days.
  • No Martingale– Traders are prohibited from employing any form of martingale strategy during their trading activities.
  • No Weekend Holding– Traders are prohibited from holding trades during the weekend, meaning that all trades should be closed before the Friday market close. (Aggressive Fast Funding can hold trades during the weekend)

What Makes Direct Funded Trader Different From Other Prop Firms?

Direct Funded Trader differs from most industry-leading prop firms due to offering two unique account types: a two-step evaluation and a one-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, a $3 cashback feature for each lot traded during the evaluation phases, and bi-weekly withdrawals.

Direct Funded Trader’s Evaluation Program is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 8% in phase one and 5% in phase two, with a 5% maximum daily and 10% maximum loss rules. You also have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 5 calendar days in each evaluation phase. The Evaluation Program also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Evaluation Program stands out mainly for having an unlimited trading period, a $3 cashback feature for each lot traded during the evaluation phases, and bi-weekly withdrawals.

Example of comparison between Direct Funded Trader & Finotive Funding

Trading ObjectivesDirect Funded TraderFinotive Funding
Phase 1 Profit Target8%7.5%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%75% up to 95%

Example of comparison between Direct Funded Trader & Funded Trading Plus

Trading ObjectivesDirect Funded TraderFunded Trading Plus (Advanced)
Phase 1 Profit Target8%10%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10% (Trailing)
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%80% up to 100%

Example of comparison between Direct Funded Trader & FundedNext

Trading ObjectivesDirect Funded TraderFundedNext (Evaluation)
Phase 1 Profit Target8%10%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days5 Calendar Days5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: 4 Weeks
Phase 2: 8 Weeks
Profit Split80%80% up to 95%

Direct Funded Trader’s Fast Funding is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 10%, with a 4% maximum daily and 7% maximum loss rules. You also have no maximum trading day requirements during the evaluation phase. However, you are required to trade for a minimum of 5 calendar days during the evaluation phase. Keep in mind that Fast Funding also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, Fast Funding stands out mainly for having an unlimited trading period, a $3 cashback feature for each lot traded during the evaluation phases, and bi-weekly withdrawals.

Example of comparison between Direct Funded Trader & FundedNext

Trading ObjectivesDirect Funded TraderFundedNext (One-step Stellar)
Profit Target10%10%
Maximum Daily Loss4%3%
Maximum Loss7%6%
Minimum Trading Days5 Calendar Days5 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%80% up to 95%

Example of comparison between Direct Funded Trader & Finotive Funding

Trading ObjectivesDirect Funded TraderFinotive Funding
Profit Target10%10%
Maximum Daily Loss4%4%
Maximum Loss7%7.5%
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%75% up to 95%

Example of comparison between Direct Funded Trader & MyFundedFX

Trading ObjectivesDirect Funded TraderMyFundedFX
Profit Target10%10%
Maximum Daily Loss4%4% (Scaleable up to 6%)
Maximum Loss7%6% (Trailing)(Scaleable up to 12%)
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%80% up to 92.75%

In conclusion,Direct Funded Traderdiffers from otherindustry-leading prop firmsby offering two unique account types: a two-step evaluation and a one-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, a $3 cashback feature for each lot traded during the evaluation phases, and bi-weekly withdrawals.

Is Getting Direct Funded Trader Capital Realistic?

It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.

  • Receiving capital from the Evaluation Program is realistic primarily due to its below-average profit targets (8% in phase one and 5% in phase two) coupled with average maximum loss rules (5% maximum daily and 10% maximum loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 5 calendar days. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80%.
  • Receiving capital from Fast Funding is realistic primarily due to its average profit target of 10% coupled with slightly above-average maximum loss rules (4% maximum daily and 7% maximum loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 5 calendar days. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 80%.

After considering all the factors,Direct Funded Traderis highly recommended since you have two unique funding programs to choose from, a two-step evaluation and a one-step evaluation, which both feature realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

Direct Funded Trader is a proprietary trading firm that was incorporated on the 28th of February, 2023. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

While working with Direct Funded Trader and reaching funded status with the Evaluation Program or Fast Funding, you will be eligible to receive your first payout after 30 calendar days. However, after your first payout, you will be eligible to receive payouts if you exceed the initial account size every 14 calendar days. Your profit split will consist of a generous 80% based on the profit that you have generated on your funded account.

When it comes to Direct Funded Trader payment proof, you can find it on numerous websites. One example isTrustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof forDirect Funded Traderis theirDiscordchannel, where you can find numerous payout certificates of the most successful traders.

Examples of Payout Certificates and Payment Proof can be seen in the images below.

Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (5)
Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (6)

Which Brokers Does Direct Funded Trader Use?

Direct Funded Trader is partnered with Blueberry Markets as their broker.

Blueberry Marketsis an ASIC-regulated online Forex broker providing access to trading financial instruments to thousands of traders all across the globe. They have a passion for providing traders with a superior trading platform, ultra-tight spreads, and a committed 24/7 customer support team. Learn more aboutBlueberry Marketsby reading our in-depthReview.

Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (7)

As for trading platforms, while you are working with Direct Funded Trader, they allow you to trade on MetaTrader 4 and MetaTrader 5.

Trading Instruments

As mentioned above, Direct Funded Trader is partnered with Blueberry Markets,and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, stocks, and cryptocurrencies with a leverage of up to 1:100, depending on the trading instrument that you are trading and the funding program that you are participating in.

Forex Pairs

AUD/CADAUD/CHFAUD/JPYAUD/USDCAD/CHFCAD/JPY
CHF/JPYEUR/AUDEUR/CADEUR/CHFEUR/GBPEUR/JPY
EUR/USDGBP/AUDGBP/CADGBP/CHFGBP/JPYGBP/USD
USD/CADUSD/CHFUSD/JPYAUD/CNHAUD/NZDCAD/SGD
EUR/NOKEUR/NZDEUR/SEKEUR/TRYGBP/NZDNZD/CAD
NZD/CHFNZD/JPYNZD/SGDNZD/USDSGD/JPYUSD/CNH
USD/HKDUSD/MXNUSD/NOKUSD/PLNUSD/SEKUSD/SGD
USD/TRYUSD/ZARCHF/SGDCNH/JPYEUR/CNHEUR/HKD
EUR/MXNEUR/ZARGBP/CNHGBP/HKDGBP/NOKGBP/SEK
GBP/SGDNOK/JPYNOK/SEKNZD/CNHUSD/THBZAR/JPY

Commodities

XAG/USDXAU/AUDXAU/CNHXAU/EURXAU/GBP
XAU/SGDXAU/USDXPT/USDXPD/USDUKBRENT
USWTI

Indices

AU200DJ30FR40GER30JP225
NAS100SP500STOXX50UK100CHINAH
HK50NETH25USDIndexVIXIndex

Cryptocurrencies

ADA/USDBCH/USDBTC/USDDOT/USDEOS/USD
ETH/USDLNK/USDLTC/USDXLM/USDXRP/USD

As mentioned above,Direct Funded Traderalso allows you to trade a wide range of stocks. To view the full list, please refer to the Spread Account below, which will enable you to log into the MetaTrader 5 trading platform and view the complete list of available stocks.

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX 7 USD / LOT
COMMODITIES 7 USD / LOT
INDICES 7 USD / LOT
STOCKS 7 USD / LOT
CRYPTO 7 USD / LOT

Spread Account

To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
MetaTrader 5BlueberryMarkets-Live6045367+qG8BzEjClick here

Education

Direct Funded Trader does not provide any educational content on its website.

Nonetheless, Direct Funded Trader offers a categorically organized dashboard accessible to all their clients, allowing smooth management of risk by providing around-the-clock access to their comprehensive statistical trading objectives.

Direct Funded Trader Trading Dashboard

Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (8)
Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (9)

Trustpilot Feedback

Direct Funded Trader has gathered a great score onTrustpilotbased on their community’s feedback.

Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (10)

On Trustpilot, Direct Funded Trader has their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.1 out of 5 from a pool of 22 reviews. Notably, 63% of these reviews have awardedDirect Funded Traderthe highest rating of 5 stars.

Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (11)

The client highlights the exceptional and prompt support from Direct Funded Trader, emphasizing the absence of any outages during their long-term association with the firm. They also note the reliability and speed of payouts, concluding that if someone is in search of a reliable proprietary trading firm, Direct Funded Trader fits the criteria.

Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (12)

The client expresses satisfaction with Direct Funded Trader, particularly noting the super-fast payout, especially in cryptocurrencies. They convey gratitude for the wonderful experience and express the intention to recommend the platform to friends and associates. The comment concludes with the anticipation of a long and profitable relationship with Direct Funded Trader, indicating a positive and promising outlook for future interactions.

Social Media Statistics

Direct Funded Trader can also be found on numerous social media platforms.

Instagram910 Members
Telegram195 Members
Discord Members

Customer Support

Live Chat
Email[emailprotected]
Phone
DiscordDiscord Link
TelegramTelegram Link
FAQFAQ Link
Help Center
WhatsApp
Messenger
Supported LanguagesEnglish

Account Opening Process

  • Registration Form – Register withDirect Funded Traderby filling out the registration form and logging into the trading dashboard.
Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (13)
  • Choose Your Account – Choose your account type, account size, and trading platform.
Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (14)
  • Apply Discount Code – Apply our discount codeFOREXPROPREVIEWSand enjoy a 50% discount on allDirect Funded Traderaccount types.
Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (15)
  • Choose Your Payment Method – Choose between a credit/debit card and cryptocurrency payment method after you have successfully applied our discount code.
Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (16)
  • Receive Login Credentials – Find an email with a greeting fromDirect Funded Trader, where you can access your login credentials for your newly purchased trading account.
Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (17)

Conclusion

In conclusion, Direct Funded Trader is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between two funding programs: the Evaluation Program, which is a two-step evaluation, and Fast Funding, which is a one-step evaluation.

Direct Funded Trader’s Evaluation Program is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach profit targets of 8% in phase one and 5% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 5 calendar days in each evaluation phase. Finally, it’s essential to note that the Evaluation Program features a scaling plan, providing you with the opportunity to increase your initial account balance.

On the other hand, Direct Funded Trader’s Fast Funding is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach a profit target of 10% to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 7% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during the evaluation phase. However, you are required to trade for a minimum of 5 calendar days during the evaluation phase. Finally, it’s essential to note that Fast Funding features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend Direct Funded Trader to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with unique features, such as an unlimited trading period, a $3 cashback feature for each lot traded during the evaluation phases, and bi-weekly withdrawals. After considering everything Direct Funded Trader has to offer to traders all across the globe, they are indeed a desirable choice within the prop trading industry.

Our detailed review of Direct Funded Trader was last updated on 07.02.2024 at 08:39 (CE(S)T).

What are your individual opinions on Direct Funded Trader and the services they offer? Do they align with the trading conditions and services you’ve been seeking?

Let us know if you enjoyed our detailed Direct Funded Trader review by commenting below!

Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (18)
Direct Funded Trader Review (50% discount code: FOREXPROPREVIEWS) - Forex Prop Reviews (2024)

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