SuperFunded is a multi-asset proprietary trading (prop) firm based in Australia that offers funded trading accounts with capital up to $200,000. Traders can qualify by passing a single evaluation phase, making it simpler to access capital compared to some competitors. The firm provides an 80/20 profit split in favor of the trader, with some accounts offering up to 90% profit split depending on the program. Trading is done on the MetaTrader 4 (MT4) platform through the ASIC-regulated broker Eightcap, which supports over 500 instruments including forex, indices, commodities, metals, stocks, and crypto.
Key benefits of SuperFunded include high profit payouts, no monthly membership fees, leverage up to 1:30, and a straightforward evaluation process. However, customer support is limited to email without live chat or phone options. Profits are only withdrawable after 30 days unless accelerated by an add-on, and educational resources are minimal. The program is not available globally, excluding some countries such as the US. Notably, SuperFunded is licensed under PropTradeTech Pty Ltd, with trades conducted on a regulated broker platform, providing some security assurances.
Drawbacks to consider are limited customer service, lack of widespread educational tools, and restrictions on availability in certain regions. The firm has moderate user reviews citing clear rules and reliability but urging caution due to limited regulatory details and transparency in fees.
In summary, SuperFunded is a competitive, accessible prop trading firm suitable for traders looking for a cost-effective funded account with a smooth onboarding evaluation on MT4, though it may lack extensive educational support and broad customer service options for beginners.
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https://superfunded.com/
SuperFunded is a multi-asset proprietary trading (prop) firm based in Australia that offers funded trading accounts with capital up to $200,000. Traders can qualify by passing a single evaluation phase, making it simpler to access capital compared to some competitors. The firm provides an 80/20 profit split in favor of the trader, with some accounts offering up to 90% profit split depending on the program. Trading is done on the MetaTrader 4 (MT4) platform through the ASIC-regulated broker Eightcap, which supports over 500 instruments including forex, indices, commodities, metals, stocks, and crypto.
Key benefits of SuperFunded include high profit payouts, no monthly membership fees, leverage up to 1:30, and a straightforward evaluation process. However, customer support is limited to email without live chat or phone options. Profits are only withdrawable after 30 days unless accelerated by an add-on, and educational resources are minimal. The program is not available globally, excluding some countries such as the US. Notably, SuperFunded is licensed under PropTradeTech Pty Ltd, with trades conducted on a regulated broker platform, providing some security assurances.
Drawbacks to consider are limited customer service, lack of widespread educational tools, and restrictions on availability in certain regions. The firm has moderate user reviews citing clear rules and reliability but urging caution due to limited regulatory details and transparency in fees.
In summary, SuperFunded is a competitive, accessible prop trading firm suitable for traders looking for a cost-effective funded account with a smooth onboarding evaluation on MT4, though it may lack extensive educational support and broad customer service options for beginners.
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