Funded Engineer, along with its affiliates (collectively referred to as the Company), provides information that is intended solely for general purposes. This information is not to be construed as investment advice, nor as an offer or solicitation to buy or sell any security, company, or fund. The Company does not perform broker or custodian services. Individuals who sign up for our programs do so by their own choice, and the fees paid for these programs are not considered deposits. These fees are allocated towards operational expenses, including staff salaries, technology, and other business-related costs. The content provided does not serve as a recommendation or endorsem*nt of any financial product. Additionally, nothing herein should be seen as an offer or solicitation to engage in futures, options, or forex trading. Historical performance is not indicative of future outcomes. All activities are governed by the laws of the United Arab Emirates.
FAQs
About Us - Funded Engineer? ›
At Funded Engineer, we are not just an Evaluation firm; we are a community of traders and financial enthusiasts who share a common goal – to empower skilled traders with the backing and resources they need to excel in the financial markets.
Is funded Engineer legit? ›Is Funded Engineer a Scam? Based on my assessment, Funded Engineer appears to be a legitimate prop firm with several attractive features and benefits for aspiring traders. The platform offers multiple challenge options and account sizes, catering to a diverse range of trading preferences and budgets.
What happened to the funded Engineer prop firm? ›The termination of FPFX's services forced Funded Engineer to migrate its clients to its proprietary technologies. In the latest update, Funded Engineer pointed out that its business termination with FPFX has “become a potential legal case.”
Does funded Engineer allow US clients? ›Currently, Funded Engineer is not onboarding US traders. The company is issuing MT5 accounts due to "some bugs in MT4."
How does a funded Engineer work? ›The intent of The Company is to identify individuals with a talent for trading. No live trading is provided directly by the Company. Such Traders who pass an assessment offered by the Company shall be allocated capital to trade in a live account under the terms of an agreement with Funded Engineer.
Is funded trader real or fake? ›Funded trader programs can be a legitimate avenue for traders to access capital and amplify profits. However, like any lucrative opportunity, there are risks.
Who is the owner of funded Engineer? ›Harri Sawicki Founder/CEO.
What is the minimum payout for funded Engineer? ›Yes, the minimum simulated profit to become eligible for a payout is 1% of Initial Balance (before-split) for all programs and all account sizes. Example: You need to make 1% of Initial Balance in order to be eligible to place a withdrawal.
Do prop firms give you real money? ›Sure, the firm may replicate successful trades of the funded traders on the firm's real account. But, again, those are trades made by the firm itself with its own capital. And in general, prop firms insist that they are not financial institutions and do not provide financial services.
Which broker does a funded Engineer use? ›Funded Engineer collaborates with reputable brokers, including Blueberry Markets, ThinkMarkets, and Purple Trading, to provide traders with multiple brokerage options.
How to withdraw from funded engineer? ›
You will be able to request the payout from your dashboard by clicking the 'Payout Request' button. Please keep note of the following: – Please make sure that no trade/position is open when you request your payout.
What is the payment method for funded engineer? ›We accept payments via Credit card, Debit card, and Cryptocurrency. Please note that Funded Engineer does not take any responsibility for any transaction made via an incorrect network.
What is the inactivity rule for funded engineer? ›At Funded Engineer, we enforce a 30-day inactivity rule. If an account remains dormant without any trading activity for 30 consecutive calendar days, it will be deemed inactive and subsequently breached.
Does funded Engineer allow copy trading? ›Funded Engineer allows the use of a trade copier in all our programs as long as you are copying your own trades from your own accounts.
What is the lot size limit for funded Engineer? ›The lot size limit per position is 50 lots.
Does funded Engineer allow news trading? ›This rule is designed to mitigate the risks associated with news-based market volatility. It is not permissible to open new trades during the 12-minute window (6 min prior to and after the news event). However, you are allowed to close any existing position executed prior to the over all 12-minute time window.
Is funded trading worth it? ›Improved Trading Skills
Funded trading programs have strict risk parameters and position-sizing rules. This can help you develop disciplined trading habits, manage risk aggressively, and avoid emotions in your trades. All in all, it can be an excellent learning opportunity for you.
Funded Engineer collaborates with reputable brokers, including Blueberry Markets, ThinkMarkets, and Purple Trading, to provide traders with multiple brokerage options.
Is funded Next a good prop firm? ›FundedNext stands out for its scalability, allowing traders to grow their accounts up to $4 million, providing them with vast opportunities in the forex markets. The brand promise at FundedNext is a distinctive feature in the industry, centering on reliability and quick financial transactions.