Get Funded Now Review
Get Funded Now is a proprietary trading firm offering virtual evaluation programs on simulated account sizes of up to $200k. Traders can prove their skills without risking personal funds and receive up to 90% of the profits generated in their simulated GFN Funded Account upon passing the evaluation.
Get Funded Now Review
Summary
Get Funded Now (GFN) is a proprietary trading firm that offers traders a unique opportunity to showcase their skills and potentially earn a substantial income without risking their own capital. With a straightforward one-step evaluation process, traders can access virtual accounts ranging from $10,000 to $200,000 and prove their trading prowess by achieving a 10% profit target.
One of the standout features of GFN’s program is the absence of time limits or minimum trading day requirements during the evaluation phase. This flexibility allows traders to progress at their own pace and reduces the pressure often associated with time-sensitive evaluations. Upon successfully completing the evaluation, traders can receive up to 90% of the profits generated in their simulated GFN Funded Account, providing a lucrative opportunity for consistent performers.
GFN’s commitment to providing a user-friendly and efficient trading environment is evident through its use of the Match-Trader platform. This advanced institutional trading platform comes equipped with built-in TradingView charts and a range of tools designed to facilitate effective trading and analysis. The platform’s intuitive interface and robust features cater to the needs of both novice and experienced traders.
In addition to the core offering, GFN offers traders the option to customize their trading experience through various add-ons. These include the ability to increase profit share and leverage and remove the stop-loss requirement, allowing traders to tailor their accounts to their preferred trading style and risk tolerance.
GFN’s dedication to transparency and trader education is exemplified by its comprehensive Knowledge Base and FAQ section. This resource offers detailed information on the firm’s programs, trading rules, and account management, ensuring that traders have access to the information they need to make informed decisions and navigate their trading journey effectively.
Let’s examine the prop’s features and conditions in more detail to better understand what Get Funded Now offers.
Get Funded Now Review
Programs
Get Funded Now’s programs are designed to give traders a straightforward path to funded trading. The firm offers a single challenge type that consists of just one step to get funded. Traders are required to achieve a 10% virtual profit target, with a daily loss limit set at 5% and a maximum drawdown of up to 10%, which GFN claims is unmatched in the prop trading industry. This program is designed with no time limits and no minimum trading days, allowing traders to progress at their own pace.
Additionally, traders can receive their first reward on demand, adding to the program’s appeal. GFN provides various virtual account sizes, ranging from $10,000 to $200,000, each with a one-time fee that is currently offered at a discounted rate. The virtual profit share can be as high as 90%, and traders have the option to purchase add-ons to increase both the drawdown and profit share. This program is structured to be accessible and accommodating, making it a compelling choice for traders seeking a straightforward and customizable trading experience.
Get Funded Now Review
Conditions
When it comes to trading conditions, Get Funded Now aims to provide a flexible environment for traders to thrive. Below are the rules and requirements that shape the trading experience with this prop firm
Drawdowns
Get Funded Now (GFN) implements a two-tier drawdown system to manage risk. The first tier is a daily loss limit set at 5% of the account balance, recalculated at the end of each trading day. For instance, on a $100,000 account, the maximum daily loss allowed is $5,000. The second tier is the overall maximum drawdown, which GFN sets at 10% of the account. This means your account balance can’t drop below 90% of its starting value at any point during the evaluation or funded trading. GFN proudly claims this 10% max drawdown on a one-step evaluation is unmatched in the prop firm industry, offering traders more flexibility and room for error compared to competitors with stricter drawdown limits.
Payouts
Get Funded Now (GFN) offers a straightforward and efficient payout process for successful traders. Once you’ve passed the evaluation and signed your contract, you can request withdrawals, which GFN aims to process within one to two business days. Traders can earn up to 90% of the profits generated in their simulated funded account, making it an attractive proposition. Before receiving payouts, you’ll need to complete KYC/AML verification, which is standard practice in the industry. GFN partners with RiseWorks to handle payouts and provide necessary tax documents, ensuring proper financial documentation. Withdrawals are processed through Rise, with funds typically deposited into the trader’s Rise account within 48 to 72 business hours. The quick turnaround time for payouts and the high profit share percentage are notable features of GFN’s program, although traders should always review the terms and conditions carefully and contact support for any clarifications about the payout process.
Trading Days
One of GFN’s most appealing features is its flexible approach to trading days. Unlike many other prop firms, GFN doesn’t impose any minimum trading day requirements or time limits to reach the profit target. This means traders can progress at their own pace, trading as frequently or infrequently as they prefer. Whether you’re a day trader who wants to be in the market every day or a swing trader who only enters a few positions per month, GFN’s program accommodates your style. This flexibility can be particularly beneficial for part-time traders or those who prefer a more relaxed approach to reaching their profit targets.
Trading Strategies
Get Funded Now (GFN) offers a flexible trading environment with a set of rules designed to promote fair and responsible trading. Traders can hold positions overnight and over weekends, trade during news events, and use Expert Advisors (EAs) as long as they’re actively managed. The platform provides leverage up to 1:100 for forex pairs and 1:20 for other instruments, with no restrictions on lot sizes. Multiple IP addresses, VPNs, and VPS usage are allowed, giving traders flexibility in their trading setups. However, GFN prohibits certain strategies like arbitrage, latency exploitation, trading multiple accounts simultaneously, and using insider information. Traders must adhere to daily loss limits and maximum drawdown rules, which are calculated based on the account balance at the start of each trading day. While GFN maintains an open trading environment, they reserve the right to investigate any suspicious activity or rule violations. This balance of flexibility and regulation aims to create a fair trading ecosystem for all participants.
Scaling Plan
Get Funded Now (GFN) offers a comprehensive scaling plan that allows traders to grow their simulated funds up to $1,500,000. The scaling plan consists of multiple stages, with the first stage spanning four months. During this initial stage, traders have the opportunity to increase their initial account balance by 25% and upgrade their virtual profit split to 90%. To qualify for scaling, traders must demonstrate consistent performance by earning an average of 4% per month over the four-month period, with a minimum of 2% earnings per month. Additionally, traders are required to process at least three withdrawals within this timeframe, showcasing their ability to generate regular profits. The scaling plan also offers increased flexibility in terms of drawdown limits, with the maximum drawdown (versus the starting point) scaling up to 20% (+2% increase), and the daily drawdown limit scaling up to 7% (+1% increase). As an added benefit, traders can earn a monthly salary of up to $500. This scaling plan provides a structured path for traders to grow their accounts while maintaining disciplined trading practices and consistent performance.
Get Funded Now Review
Features
| Maximum capital | $200,000 |
| Profit split | Up to 90% |
| Scaling | Yes |
| News trading | Yes |
| Weekend trading | No |
| Automated trading | Yes |
| Free trial | No |
| Maximum leverage | 1:20 (with optional add-on) |
Get Funded Now doesn’t just stop at offering funded accounts; they’ve packed their platform with features to support traders every step of the way. Let’s take a closer look at the tools and resources they provide to help traders succeed
Trading Platform
Get Funded Now utilizes the Match-Trader platform, which is recognized for its advanced capabilities and user-friendly design. This platform integrates TradingView charts, providing traders with sophisticated tools for technical analysis.
The Match-Trader platform is developed in-house by Match-Trade Technologies, ensuring a seamless trading experience with high-speed data feeds and comprehensive charting capabilities. Traders benefit from a platform that supports both forex and proprietary trading, allowing them to execute trades efficiently and with precision. The platform’s intuitive interface and robust back-end technology make it a reliable choice for traders looking to maximize their trading potential.
Trader Dashboard
GFN has developed a custom dashboard that provides traders with comprehensive statistics and real-time account information. This dashboard is designed to help traders navigate their evaluation and funded accounts effectively, offering insights into performance metrics and trading activity. The availability of a detailed dashboard enhances the overall trading experience by providing traders with the tools needed to monitor and manage their accounts efficiently.
Optional Add-ons
GFN provides traders with the option to enhance their trading experience through various add-ons. These include increasing the virtual profit share from 75% to 90%, doubling the standard leverage to 20:1 for FX and Metals, and removing the compulsory stop-loss requirement. These add-ons offer traders the ability to customize their accounts according to their trading preferences and strategies. The flexibility to purchase these enhancements individually or as a bundle provides traders with the opportunity to tailor their trading environment to better suit their needs.
Knowledge Base
Get Funded Now (GFN) provides a comprehensive Knowledge Base and FAQ section on their website, which serves as a valuable resource for traders. This knowledge base offers detailed information about GFN’s programs, trading rules, and account management, helping traders understand the intricacies of their offerings and find answers to common questions. Additionally, GFN supplements this resource with tutorial videos designed to familiarize traders with the Match-Trader platform and the GFN Dashboard. These educational resources aim to assist traders in understanding the evaluation process, trading rules, and platform functionalities, supporting their efforts to improve their skills and achieve success in their trading endeavors.
Support Offered
Get Funded Now offers support primarily through their comprehensive Knowledge Base, which addresses common questions and provides detailed information about their services. If traders need further assistance, they can reach out via email, with the firm aiming to respond within 24 hours on business days. Additionally, Get Funded Now encourages traders to follow their social media channels for updates and announcements, providing an additional layer of engagement and support. This approach ensures that traders have access to timely and relevant information, while also maintaining open communication channels for more specific inquiries.
Get Funded Now Review
Conclusion
Get Funded Now (GFN) offers a straightforward and flexible prop trading program that’s worth checking out. With a one-step evaluation process, no time limits, and no minimum trading days, GFN provides a less pressured environment for traders to prove their skills. The program’s strengths include a high profit share of up to 90%, a range of virtual account sizes, and a comprehensive knowledge base. Overall, GFN seems like a solid option for traders looking for a prop firm with a relatively simple and customizable program. Just make sure to read through all the terms and conditions carefully before diving in.
Get Funded Now Review
