Funded Engineer is a United Arab Emirates-based company that has been running for five years. Funded Engineer offers two of the market’s most popular trading platforms: MT4 and MT5.
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Funded Engineer offers the popular MT4 and MT5 platforms which are known for their user-friendly interfaces and advanced features.
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There is no minimum number of days required to trade, so you can trade for as long as you like.
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There is no time limit on how long you can use the platform, so you can take your time to build your trading skills.
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The prop firm offers scaling accounts for funded engineer traders.
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All trades are automatically closed, so you do not have to worry about manually closing them.
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You will receive your credentials instantly, so you can start trading right away.
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You can use the Drawdown Blocker tool.
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some traders may find the companyās fee structure to be expensive.
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Funded Engineer only offers limited asset selection, so traders who want to trade other asset classes may need to look elsewhere.
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Funded Engineerās rules and policies can be complex and confusing, especially for new traders.
Funded Engineer Review
For retail traders who want to have access to more capital, proprietary trading has grown in popularity. Businesses that offer evaluation tasks and funded accounts with the possibility to earn commissions on profits produced include Funded Engineer. For seasoned traders, a Funded Engineer is a desirable option because of its different features and advantages. The Funded Engineer Review below provides a detailed analysis of the companyās services and performance as well as the pros and cons of trading with the company.
An Overview of Funded Engineer
Funded Engineer is a United Arab Emirates-based company that has been running for five years. Funded Engineer offers two of the marketās most popular trading platforms: MT4 and MT5. The companyās partnerships with ThinkMarkets and Purple Trading Seychelles point to a robust trade execution network. Traders have access to trade a diverse range of instruments such as the Forex, Indices, Commodities, and Cryptocurrency assets. While Commodities and Indices have more cautious leverage of 1:20, Forex has a significant leverage of 1:100 with the Turbo and Superior choices. Furthermore, the Standard option gives 1:50 for Forex, 1:10 for commodities, 1:20 for indices, and 1:50 for cryptocurrency. A wide range of traders are served by Funded Engineer, with various account sizes that range from $6,000 to $300,000. They provide evaluations and assessments that are both one- and two-step. 10% is the designated profit target for the one-step evaluation. Phase 1ās 10% aim and Phase 2ās 5% target are upheld by the two-step review. The range of possible total drawdowns is 6% to 10%.
Is Funded Engineer Regulated
Funded Engineer is not regulated and as such not subjected to strict guidelines by a financial regulator. Since unregulated brokers are not bound by the same rules and regulations as registered brokers, they provide several risks to their traders. This may result in a lack of responsibility and transparency, which could put a traderās money in danger if the broker files for bankruptcy or goes out of business.
Funded Engineer tradable Assets
Funded Engineer offers traders access to a range of instruments, including forex, commodities, indices, and cryptocurrencies. This range of asset classes provides traders with a diverse selection of markets to trade in. The companyās focus on popular platforms such as MT4 and MT5 also ensures that traders have access to the latest technology and features.
Sizes of Funded Engineer Accounts
Funded Engineer offers several account sizes, ranging from $6,000 to $300,000. The range of account sizes provides traders with a range of capital options, catering to different levels of experience and risk tolerance. The $6,000 account is ideal for beginners, while the $300,000 account is better suited to experienced traders with a high-risk tolerance. The other account sizes fall between these two extremes, providing options for traders with different levels of capital and risk tolerance.
Funded Engineer Trading platform and Broker
Funded Engineer provides traders with access to a range of markets, including foreign exchange, commodities, indices, and cryptocurrencies. The company uses popular platforms such as MT4 and MT5, which are known for their user-friendly interfaces and advanced features. The platforms also support a range of analytical tools and indicators, making them ideal for experienced traders. Funded Engineer market partners with Purple Trading Seychelles and ThinkMarkets to provide its brokerage services.
Funded Engineer payments and withdrawal methods
Funded Engineer accepts payments in both cryptocurrency and bank transfer. For cryptocurrency payments, the company supports a range of popular digital assets, including Bitcoin. Payments can be made using the ERC20 and TRC20 networks. For withdrawals, Funded Engineer works with Rise, a global payment platform. With Rise, traders can choose to receive their payouts in USDC (Arbitrum network) or via bank transfer. All payouts above $500 must be processed through Rise. Since Funded Engineer offers a wide variety of payment methods, traders can select the one that best fits their needs.
Frequently asked questions
Who is the Founder of Funded Engineer?
- The founder of Funded Engineer proprietry trading company (prop firm) is Tristian Talbot.
When was Funded Engineer esatblished?Ā
- Funded Engineer was established in April 2023.
Where is Funded Engineer Located?
Funded Engineer prop firm company is located in United Arab Emirates.
What is the leverage offered in all Funded Engineer Programs?
The following account sizes for the Turbo, Superior, and Superior Lite challenges have the same leverage:
- Forex: 1:100
Commodities: 1:20 (metals and energy included)
Indicators: 1:20
The following leverage applies to all Standard Challenge account sizes:
- Forex: 1:45
Commodities: 1:10 (metals and energies included)
Indices: 1:10.
Note: Funded Engineer prioritizes a cautious approach to risk management, even though we do offer a leverage ratio of 1:100 on the majority of customers. We look for traders that handle their accounts with a great degree of caution and professionalism.
Therefore, we retain the right to refuse a funded account or lower the leverage for traders whose activity suggests risky betting or speculative activity. One example of this kind of activity would be using the accountās whole margin on a single trade.
Please be aware that the margin is impacted by changes in leverage. Margin call stop-outs will not be reimbursed.
Does the funded Engineer allow the use of EAs?
- Yes, Funded Engineer does allow the use of expert advisors (EAs) on its platform. Funded Engineer offers support for EAs built on the MetaTrader 4 and MetaTrader 5 platforms.
How does the Funded Engineer pay out?
- Funded Engineer works with Rise, a global payment platform. With Rise, traders can choose to receive their payouts in USDC or via bank transfer. All payouts above $500 must be processed through Rise.
What is the profit split offered by the Funded Engineer?
- The Simulated Standard Funded engineer account offers an 80% profit split. If the account qualifies for a scale-up or is bought with a 90% profit split add-on, it rises to 90%.
What payment methods does the Funded Engineer accept?
- Funded Engineer accepts payments in both cryptocurrency and bank transfer. For cryptocurrency payments, the company supports a range of popular digital assets, including Bitcoin. Payments can be made using the ERC20 and TRC20 networks.
Is copy trading allowed in Funded Engineer?
- Yes, copy trading is allowed on the Funded Engineer platform. Copy trading allows you to follow and copy the trades of other traders on the platform.
Funded Engineer Details
