Funding Dynasty Review
Funding Dynasty is a proprietary trading firm based in Cluj-Napoca, Romania, legally known as FDN GLOBAL SRL. Launched in September 2023, it offers a unique Legacy Challenge program for traders worldwide. The firm provides virtual funding ranging from $10,000 to $200,000 through a two-step evaluation process, each requiring a minimum of 3 trading days.
Funding Dynasty Review
Summary
Funding Dynasty is an educational institution that offers simulated funded trader programs, blending trading education with proprietary trading opportunities. Based in Romania, the company focuses on teaching risk management, trading psychology, and profit compounding through its unique evaluation process.
At the core of Funding Dynasty’s offering is the Legacy Challenge, a two-phase evaluation designed to identify skilled traders. This challenge requires a minimum of just 3 trading days per phase, allowing talented traders to progress quickly. The company provides a range of account sizes from $5,000 to $200,000, catering to traders at various experience levels. Funding Dynasty stands out with its attractive profit-sharing structure, offering funded traders up to 80% profit split. Payouts are available after 30 days of successful trading, with subsequent payments every 14 days.
The firm’s educational background, through its association with Trading Busters, adds significant value to its offering. This connection allows Funding Dynasty to provide not only funding opportunities but also valuable trading education and signals to its community. The company emphasizes a global approach, welcoming traders from all countries in its mission to build a “global dynasty.” Funding Dynasty offers trading in US30 and Forex markets with leverage up to 1:100, providing ample opportunities for traders to demonstrate their skills.
Funding Dynasty’s unique capital sourcing model involves reinvesting profits from its educational platform into the proprietary trading arm. This creates a symbiotic relationship that potentially benefits the entire community of traders. While the company operates outside traditional financial regulations, its focus on education and simulated trading environments sets it apart in the prop firm market.
Let’s examine Funding Dynasty’s specific features, conditions, and programs to get a more comprehensive understanding of what they offer to traders.
Funding Dynasty Review
Programs
Funding Dynasty offers a single program called the Legacy Challenge. This program is designed as a two-step evaluation process to identify and fund talented traders. Each step of the challenge spans a minimum of 3 trading days, allowing traders to showcase their skills and navigate market fluctuations. The Legacy Challenge offers funding ranging from $5,000 to $200,000, starting at $54 for a $5,000 account to $979 for a $200,000 account. During the evaluation process, traders are not at risk of losing personal funds, which allows them to focus on honing their trading strategies without financial pressure.
Upon successfully completing both steps of the evaluation, traders become funded and officially join the Funding Dynasty. As funded traders, they can start withdrawing profits after 30 days of successful trading, with subsequent payouts occurring every 14 days. The profit-sharing structure in the Legacy Challenge is particularly attractive. In the first month, traders receive 60% of their profits. From the second month onwards, this increases to an impressive 80% profit split.
It’s worth noting that while there’s no restriction on the number of accounts a trader can hold during the Challenge and Verification stages, there is a cap on total capital allocation once a trader becomes a live Funding Dynasty Trader. This limit is set at $600,000 per trader at any given time.
Funding Dynasty Review
Conditions
Funding Dynasty has established a set of conditions designed to support traders while promoting responsible trading practices. Here’s a breakdown of what you need to know:
Drawdowns
Funding Dynasty implements strict drawdown rules to ensure responsible trading. The maximum loss limit is set at 8% of the account balance, while the maximum daily loss is capped at 4%. These limits apply across all account sizes and phases of the program. For example, on a $100,000 account, the maximum overall loss would be $8,000, and the maximum daily loss would be $4,000. These drawdown rules help traders manage risk and prevent catastrophic losses.
Risk Management
Traders are required to manage their risk carefully. Risking 100% or more of the drawdown limits in open trades is strictly prohibited. For example, if a trader’s maximum daily loss is 4%, the total risk across open trades should not exceed 4%. Additionally, risking 50% or more of drawdown limits on individual trades or across open trades of the same instrument is not allowed. Traders must set a stop loss within 60 seconds of opening a position, and any adjustments made within this initial 60-second window are exempt from the risk management rules
Payouts
When it comes to payouts, Funding Dynasty offers an attractive and straightforward structure. Traders start with a 60% profit split in their first month of funded trading. From the second month onwards, this increases to an impressive 80% profit split. This escalating structure incentivizes long-term success and rewards consistent performance. The first payout becomes available after 30 days of successful trading. Following this initial payout, traders enjoy regular bi-weekly payments. This frequent payout schedule allows traders to benefit from their profits more regularly compared to some other prop firms.
Trading Days
Funding Dynasty’s program offers flexibility in terms of trading days. Both the Challenge and Verification phases have a minimum requirement of 3 trading days. This relatively short minimum period allows skilled traders to potentially progress quickly through the evaluation process. However, there’s no maximum limit on trading days, giving traders the freedom to take their time if needed.
Prohibited Trading Activities
Funding Dynasty prohibits several trading activities, including sharing virtual account login details or using unregistered IP addresses on virtual accounts. Participating in or collaborating to have a third party execute trades for the customer is also not allowed. Furthermore, accessing any third-party Funding Dynasty Challenge Account, trading on behalf of any third party, or conducting any account management or similar services is prohibited. Additionally, opening positions with sizes that are noticeably larger than those of the customer’s other trades is not permitted.
Use of Expert Advisors (EAs)
Funding Dynasty strictly prohibits the use of Expert Advisors (EAs) in any capacity within their trading platform. This includes automated systems or any form of trading that relies on EAs. Traders must execute trades manually and adhere to established trading norms in financial markets.
Maximum Risk Per Trade
Traders must not risk more than 2% from their initial balance in a single trade or across multiple trades in the same time involving the same instrument. For instance, risking more than $2000 on a $100,000 account is not allowed.
Trading Without Stop Loss
Trading without implementing a stop loss is forbidden. Traders must set a stop loss within 60 seconds of opening a position. Failure to implement a stop loss within this timeframe will result in the profits generated from the trade not being counted, and the trade will be automatically closed. This will be classified as a “soft breach,” meaning virtual account termination will not occur.
Refund
Funding Dynasty offers fully refundable fees for their program. This policy applies to the fees paid for both the Challenge and Verification phases, as well as live accounts. This policy demonstrates the firm’s confidence in their program and commitment to their traders’ success.
Funding Dynasty Review
Features
| Maximum capital | $200,000 |
| Profit split | Up to 80% |
| Scaling | No |
| News trading | No |
| Weekend trading | Yes |
| Automated trading | No |
| Free trial | No |
| Maximum leverage | 1:100 |
Funding Dynasty offers several features to support their traders. Here’s a straightforward look at what they provide:
Trading Platform
Funding Dynasty’s lack of clarity regarding their trading platform is a major shortcoming. They fail to provide any specific information about the platform options available or any unique features they might offer. This absence of crucial information is a significant negative point for potential traders. The trading platform is a fundamental tool for any trader, impacting everything from strategy execution to risk management. By not disclosing platform details, Funding Dynasty leaves traders unable to evaluate a key component of their service. This lack of transparency could be a dealbreaker for many experienced traders who require specific platform capabilities.
Dashboard
Funding Dynasty provides a dashboard for traders to manage their accounts and monitor their performance. This central hub allows traders to access essential information about their trading activities, track their progress within the program, and view important metrics. The dashboard serves as a comprehensive tool for traders to stay informed about their account status, profit and loss figures, and any notifications or updates from Funding Dynasty. It’s designed to give traders a clear and concise overview of their trading journey, helping them make informed decisions and stay on top of their performance.
Knowledge Base
The knowledge base at Funding Dynasty consists of Frequently Asked Questions (FAQs). This resource covers a wide range of topics, including detailed information about the evaluation process, various account types offered, specific trading conditions, and other crucial aspects of the program. The FAQs are structured to provide quick and easy access to information, making it an invaluable tool for both newcomers and experienced traders. This comprehensive resource helps traders understand the intricacies of Funding Dynasty’s offerings, rules, and procedures, enabling them to navigate the program more effectively.
Support
Funding Dynasty offers live agent support to assist traders with any queries or issues they may encounter. This personalized support system allows traders to get real-time help with technical problems, clarification on program rules, or answers to general inquiries. The availability of live support demonstrates Funding Dynasty’s commitment to providing a smooth and efficient trading experience for their members. Traders can reach out to the support team during operational hours to receive prompt assistance, ensuring that they can resolve any issues quickly and continue focusing on their trading activities.
Profit Redistribution Model
The firm has a distinctive approach to wealth redistribution. They reinvest profits from their Trading Busters platform into Funding Dynasty, providing capital for funded accounts. This model creates a symbiotic relationship between their educational arm and proprietary trading firm, potentially benefiting their community of traders.
Broker Integration
Funding Dynasty falls short in providing clear information about their broker integration. The firm does not disclose which brokers they work with or how the integration process functions within their system. This lack of transparency is a significant drawback, as it leaves traders in the dark about a crucial aspect of the trading experience. Without knowing the brokers involved, traders can’t assess the quality of execution, the range of available instruments, or potential limitations they might face. This omission of information is a notable weakness in Funding Dynasty’s offering.
Funding Dynasty Review
Conclusion
In conclusion, Funding Dynasty presents an intriguing blend of educational resources and funded trading opportunities. Their high profit splits, quick evaluation process, and frequent payouts are appealing features for many traders. However, the lack of transparency surrounding crucial aspects like broker integration, trading platforms, and certain policies raises concerns. While Funding Dynasty’s educational background and global focus set them apart, potential traders should carefully weigh the pros and cons, considering the strict drawdown rules, limited trading instruments, and the firm’s primary focus on education rather than traditional prop trading. As with any financial decision, thorough due diligence is essential before committing funds to this relatively new proprietary trading firm.
Funding Dynasty Review
