Trufunder Review – Key Pros and Cons Revealed

In the trading world, transparency and legitimacy are everything. No matter what features, platforms, or conditions the company offers, if they manipulate users it’s not worth it.

An additional obstacle with prop firms is that regulatory oversight is not expected. Therefore, it’s a perfect soil for swindlers. Luckily, our honest Trufunder review will expose all the shady offers you can face with prop trading firms.

Who Is Behind Trufunder Company?

Quite surprisingly, if you look at the company’s T&Cs you won’t find any legal details, addresses, or legitimate contact options. If you compare them with more popular firms like Funded Trading Plus, you will realize the difference. 

The key issue is that prop trading firms don’t need any regulations. After all, they offer trading in virtual accounts. But that’s exactly where the problems start. Unless you work with a firm trusted by thousands of users. All in all, the ownership of this trading brand remains unknown. However, if you check their Telegram channel, you might believe the company is based somewhere in Africa. 

What Is Traders’ Experience With Trufunder?

Since the company was founded at the end of May 2024, it’s not surprising there are no Trufunder reviews publicly available. Even though the company claims they have more than 5.000 satisfied users. 

But to be fair, with the first payout available after 30 days, we highly doubt anyone would be satisfied with it. In any case, we encourage you to share your experience with this company in our comments section below. 

Trading Platforms Available

Generally speaking, the company advertises three out of the three best in the industry trading apps. Starting with Meta Trader 4, Meta Trader 5, and cTrader. Thus, at the moment only the last two are available. Also, if you are from the United States, cTrader is the only option since MT5 is banned for prop firms offering services there. 

All in all, with all the built-in indicators, EAs, customization options, and one-click trading features, you can enjoy a great experience with these platforms. On top of that, you can use dedicated mobile apps as well for trading wherever you are. This is especially important for traders that use news-based strategies. 

Also, if you are into prop trading or any other advanced trading options, we invite you to read our dHEDGE and Alpha Trader Firm reviews. 

What Are Evaluation Plans Available?

Compared to other prop firms, Trufunder prop firm has a slight advantage over the others with their express program. This program gives you straightforward access to funded accounts, but also it costs more. Besides these, you can also sign up for two-step and one-step evaluations.

In any case, the pricing plans depend mostly on the amount available in the balance, and of course, the evaluation program you choose. Therefore, you can opt between:

• Evaluation – $5.000 – $300.000 funding / $45 – $1.480 fees
• Express – $5.000 – $100.000 funding / $200 – $4.200 fees
• One-step – $5.000 – $200.000 funding / $55 – $910 fees

Trading Conditions

There are only a few things with Trufunder funded account programs that are the same. The most concerning one is the payout after 30 days. Way less concerning is no time limit for all evaluation challenges.

When it comes to two-step challenges, profit targets start at 7% in the first step, and 5% in the second step. On the positive side, daily drawdowns of 5% and total drawdowns of 8% are the same in both phases. Yet, in this case, you need to trade at least for 3 days. 

One-step challenges, on the other hand, can’t be completed any faster. And yet, you can trade less comfortably since the daily drawdown is 4% while the max drawdown is 6%. On top of that, the profit target is 10%. Lastly, but most importantly, express evaluation is even more strict with 3% daily and 5% max drawdown without a profit target.

Traders’ Restrictions

Considering quite high Trufunder fees, some traders would expect them to allow much more. However, you have restrictions to use HFT bots, you can’t use copy trading features, and who knows what else.

Of course, without regulations required, the company can come up with any of those advanced features as an excuse to end your evaluation challenge. Most importantly, if you violate any of these rules, you won’t get any refunds. Compared to Funded Trading Plus which allows much more trading freedom, this company is quite honestly trash. 

Customer Support As Another Critical Detail

Considering quite poor contact options you shouldn’t be surprised if you see Trufunder complaints very soon. With only e-mail as a legal contact option, traders are quite limited.

Fairly, out of Trufunder Discord and Telegram channels, you can always get kicked out. On the positive side, the company advertises 24/7 support availability which could make a difference. But we would advise you to wait for some reviews to pop out. 

How To Make Money In Meantime?

While you wait for more clues if you can trust Trufunder company or not, there are other options. But fairly, you have enough hints already. In any case, we suggest you check all the features of the UK-based Funded Trading Plus prop firm. With more than 2.100 positive reviews on Trustpilot, it’s clear the company has been one of the best in the industry. 

One of the key reasons is maximum transparency, fair deals, quick payouts, and a lot of promotions and giveaways. Take advantage of prop trading already today and sign up with Funded Trading Plus.

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