Colibri Funding Review 2024: Recently Established Prop Firm Assessment

Lack of transparency and reviews, vague explanations, and suspicious practices surround this prop company, and considering they were established only recently, traders might have a hard time figuring out the truth behind this opaque company. 

That is why our Colibri Funding review will present you with facts and both the benefits and drawbacks of this company to help you make more informed decisions. In this particular case, we are not at all happy with the firm’s dedication to providing a safe and transparent environment.

Keep reading our evaluation and learn everything you need to know about this proprietary trading firm and we promise you will know what to do in the end. Additionally, check out DigibitsFX, a scam, unregulated brokerage company you should avoid.

About Colibri Funding

This company appears to be a scam even at first glance. Prop firms often include an abundance of detail about their challenges, evaluations, and funded accounts; nevertheless, this firm’s whole profile is squeezed into one page, which suggests that no effort has been put into the website’s design.

The truth is, this isn’t a proprietary trading firm and rather works as an aid to traders to pass the challenges other firms offer, as traders are redirected to other companies. The domain is registered in Poland, at least according to WHOIS. The Colibri Funding funded account amount depends on your preferences and it can range from $10,000 up to $1,000,000.

Additionally, the company is completely anonymous online, probably because it was established only recently. That makes it even harder for traders to learn the truth, therefore we had to write the Colibri Funding review. Keep reading and learn more about who you’re dealing with.

Legal Information

This prop company is unique and functions as an aid to traders to pass challenges. Your funded account won’t be with them; instead, you’ll be sent to Infinity Forex Funds, Nova Funding, or Next Step Funded. However, these companies are not the best choice either.

Next Step Funded is a risky prop company, according to ScamAdviser and its reviews. Traders are forced to pay several ‘taxes’ before withdrawing profits, and the same goes for Infinity Forex Funds. They are also known for posing hidden costs before letting you withdraw your funds.

While we don’t have any hard proof that this company is unreliable, remember that sometimes it’s good to trust your gut. In this case, our gut is telling us to avoid this company altogether and we advise you to do the same. The mere fact you will be redirected to a prop company of their choice speaks a lot.

Colibri Funding Challenge

As traders’ accounts are not with Colibri Funding directly but with other prop firms we aforementioned, you are required to visit that firm’s website to enquire about rules and overall operations. That can appear somewhat inconvenient for some traders. 

The firm claims there is no possibility for them to fail the challenge as it’s using high technology. All trade by the client is completely prohibited after turning over your account to them for the challenge passage. There is a limit to maximum capital allocation by each prop firm to individual users.

The time to complete the challenge depends on the minimum trading days of the company. Colibri Funding will pass under the time of minimum trading days, then place 1-2 trades for the rest remaining days. XAUUSD and US30 currency pairs will be traded while passing the challenge.

Colibri Funding Pricing

Here is a breakdown of the fees and funded accounts traders can expect: 

• $10,000 – $250
• $15,000 – $300
• $25,000 – $400
• $50,000 – $500
• $100,000 – $700
• $200,000 – $1,100
• $300,000 – $1,500
• $500,000 – $2,000
• $1,000,000 – $3,500

Payment Options and Process

The risk of using the Colibri Funding prop firm grows bigger, as the only payment method is crypto USDT via Binance Smart Chain (BSC). The evaluation fees are paid up-front and there is no going back once you do. The preference for crypto instead of credit and debit cards says a lot about this firm.

The payment option and process are explained, however, there is nothing about withdrawing your funds. Since withdrawals are processed through prop firms, each one has its own rules. At Next Step Funded and Infinity Forex Funds, your request will be approved within 1-3 business days.

Weighing the Pros and Cons

If we looked at the offerings only, a funded account of up to $1,000,000 seems impossible, especially considering the competition offers less. Additionally, there are no Colibri Funding reviews to look into and consider, which is yet another red flag for this company. 

They say it’s impossible to fail the challenge, but traders can only collaborate with a limited number of prop firms. But the list of this company’s flaws doesn’t end here. 

It’s important to take into account the lack of transparency, and based just on the appearance of the website, this company doesn’t seem trustworthy. Using this kind of company has no advantages because you have to pay them a charge on top of the challenge cost.

Final Words…

In conclusion, it’s best to avoid Colibri Funding and unregulated brokers like Agap Capital Ltd to ensure success. If you are into proprietary trading and want to become a funded trader rather than using your capital, try using our AI analysis tool to elevate your skills and boost your profit chances.

Our technology changes the way traders prepare by unlocking the ability to overcome prop trading challenges. By effectively combining cutting-edge data analysis with market insights, traders can improve their abilities and face the difficulties that lie ahead. 

For instance, traders may quickly determine the best times to enter and leave a trade, efficiently manage risk, and eventually secure success in prop trading challenges by utilizing our tool’s AI-driven algorithms. 

Use our tool to improve your trading experience and take advantage of the chance to succeed in prop trading. Get in touch with us today, and before you decide, take advantage of our free 14-day tool trial to experience the potential of AI trading for yourself.

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