Lionheart Funding Program Review
Lionheart Funding Program is an Australian-based proprietary trading firm established in 2023. It offers traders access to global markets through various trading challenges, including the Alpha, Pride, Roar, and Guardian Challenges. The firm uses the DXTrade platform and partners with Eightcap for brokerage services.
Lionheart Funding Program Review
Summary
Lionheart Funding Program is a premier proprietary trading firm dedicated to fostering success in the dynamic world of financial markets. Located in Australia, Lionheart Funding Program was established in 2023 with a mission to simplify and expedite access to global markets at a significantly reduced cost compared to the current standards in the proprietary trading sector.
The firm offers a range of trading challenges designed to assess and develop traders’ skills, including the Alpha, Pride, Roar, and Guardian Challenges. Each challenge has unique features and targets, catering to different trading styles and preferences. The Alpha Challenge is a standard two-step evaluation, while the Pride Challenge is a one-step process. The Roar Challenge is specifically tailored for traders using Expert Advisors (EAs) or High-Frequency Trading (HFT) strategies, and the Guardian Challenge is a three-step evaluation process.
Lionheart Funding Program provides traders with access to the DXTrade platform, facilitated by Eightcap, a trusted brokerage firm. This partnership ensures competitive trading conditions, including tight spreads, low commissions, and leverage up to 1:100. The firm also offers a comprehensive suite of tools, including trading calculators, economic calendars, and Forex sentiment analysis, to support traders in their trading activities.
The program features a generous profit split of 90/10, allowing traders to keep 90% of their profits. There are no minimum trading day requirements, and traders can choose from seven funded account options, ranging from $5,000 to $400,000. The maximum funded account size is $600,000, with a scaling plan available up to $2.5 million once profitable.
Let’s examine the prop firm’s features, conditions, and programs in more detail to understand how it can support traders in achieving their goals.
Lionheart Funding Program Review
Programs
Lionheart Funding Program offers diverse trading challenges tailored to various trading styles and skill levels, providing traders with the capital and support needed to succeed. Here’s a quick look at the programs available.
Alpha Challenge
The Alpha Challenge is Lionheart Funding Program’s standard two-step evaluation process. In the first phase, traders must achieve an 8% profit target, while the second phase requires a 5% profit target. The daily drawdown limit is set at 5%, with an overall drawdown limit of 10%. The leverage provided is 1:100, and news trading is prohibited during both the Challenge and Funded Phases. Successful traders will receive a 90/10 profit split, keeping 90% of the profits.
Withdrawals are processed biweekly after the initial withdrawal. There are no minimum trading day requirements, allowing traders to progress quickly if they meet the targets. However, EAs are not permitted in the Alpha Challenge, and there is no limit on the number of trading days. The drawdown is calculated based on the account balance, providing flexibility for traders to manage their risk. The cost of the Alpha Challenge ranges from $49 for a $5,000 account to $1,959 for a $400,000 account.
Pride Challenge
The Pride Challenge is Lionheart Funding Program’s one-step evaluation process. Traders must achieve a 10% profit target while maintaining a daily drawdown limit of 3% and an overall drawdown limit of 6%. The leverage is set at 1:100, and news trading is allowed during the Challenge Phase but not in the Funded Phase. The profit split remains 90/10, with traders keeping 90% of the profits.
Withdrawals are processed biweekly after the first withdrawal. Like the Alpha Challenge, there are no minimum trading day requirements, enabling traders to get funded quickly upon meeting the target. EAs are not allowed in the Pride Challenge, and there is no limit on trading days. The drawdown calculation is based on the account balance. The cost structure is the same as the Alpha Challenge, ranging from $49 for a $5,000 account to $1,959 for a $400,000 account.
Roar Challenge
The Roar Challenge is the only evaluation program offered by Lionheart Funding Program that is dedicated to EAs and HFT trading. It follows a two-step process, with a 10% profit target in the first phase and a 5% target in the second phase. The daily drawdown limit is 4%, and the overall drawdown limit is 10%. Leverage is provided at 1:100, and news trading is permitted during both the Challenge and Funded Phases.
The profit split is 90/10, favoring the trader. Withdrawals are processed biweekly after the initial withdrawal. There are no minimum trading day requirements, and EAs are exclusively allowed in this challenge. Trading days are unlimited, and the drawdown is calculated based on the account balance.
Please note that the Roar Challenge is an upcoming feature, as Lionheart Funding Program is working on integrating platforms that support EA and HFT trading. Pricing information is also not yet available.
Guardian Challenge
The Guardian Challenge is Lionheart Funding Program’s three-step evaluation process. The profit targets for each phase are 6%, 5%, and 4%, respectively. The daily drawdown limit is 4% across all phases, with an overall drawdown limit of 8%. Leverage is set at 1:100, and news trading is allowed during the Challenge and Funded Phases. The profit split is 90/10, with traders retaining 90% of the profits. Withdrawals are processed biweekly after the first withdrawal.
There are no minimum trading day requirements, allowing traders to progress rapidly if they meet the targets. EAs are not permitted in the Guardian Challenge, and there is no limit on trading days. The drawdown is calculated based on the account balance. The cost of the Guardian Challenge ranges from $49 for a $5,000 account to $1,959 for a $400,000 account.
Lionheart Funding Program Review
Conditions
Lionheart sets clear conditions, including drawdown limits, profit splits, and trading day requirements, to create a fair trading environment. Let’s explore these conditions briefly.
Drawdowns
Lionheart Funding Program employs a balance-based drawdown system across all its challenges, offering traders the flexibility to manage their risk effectively. The daily drawdown limits vary by challenge: the Alpha Challenge allows a 5% daily drawdown, the Pride Challenge permits 3%, and both the Roar and Guardian Challenges allow 4%. The overall drawdown limits are set at 10% for the Alpha and Roar Challenges, 6% for the Pride Challenge, and 8% for the Guardian Challenge. This structure ensures that traders have clear boundaries within which they can operate, helping to protect their accounts from significant losses.
Payouts
Traders with Lionheart Funding Program enjoy a favorable profit split of 90/10, meaning they retain 90% of their profits. This generous split is consistent across all challenges, providing a strong incentive for traders to perform well. Withdrawals are processed biweekly following the first successful withdrawal, ensuring that traders can access their earnings regularly. This structured payout system supports traders in maintaining a steady cash flow while they focus on their trading strategies.
Trading Days
A key feature of Lionheart Funding Program is the absence of minimum trading day requirements. Traders can advance through the evaluation phases and reach a funded status rapidly if they achieve the necessary profit targets. This flexibility allows traders to move from phase one to a funded live account in as little as 30 minutes if they meet all criteria swiftly. Additionally, there are no restrictions on the number of trading days, enabling traders to manage their accounts over any timeframe that suits their strategy.
Trading Strategies
Lionheart Funding Program provides specific guidelines on trading strategies allowed during their challenges. News trading is permitted during the Challenge Phases for most challenges but is restricted during the Funded Phase except in the Roar Challenge. The Roar Challenge is unique in that it exclusively allows EAs and HFT trading, catering to traders who prefer automated strategies. This differentiation ensures that each challenge aligns with distinct trading styles while maintaining fair conditions across all phases.
Profit Targets
Profit targets are clearly defined for each challenge and phase within Lionheart Funding Program. The Alpha Challenge requires an 8% target in phase one and a 5% target in phase two. The Pride Challenge sets a single-phase target of 10%. The Guardian Challenge involves three phases with progressively lower targets of 6%, 5%, and 4%. These structured targets provide clear objectives for traders to achieve as they progress through the evaluation process.
Scaling Plan
Lionheart Funding Program offers an attractive scaling plan that allows traders to significantly expand their trading capital. Once traders have demonstrated profitability, they have the opportunity to scale their accounts up to $2.5 million. This substantial scaling potential provides a pathway for traders to grow their trading operations and increase their earning capacity. The program supports traders in managing multiple evaluation accounts simultaneously, with a combined maximum funding limit of up to $600,000 during the Funded Phase.
Refund Policy
Lionheart Funding Program has a clear stance on its refund policy: the challenge fees are non-refundable. This policy means that once traders pay for the challenge, they cannot receive a refund regardless of the outcome. This non-refundable fee structure emphasizes the importance of traders being fully prepared and committed before enrolling in any of the challenges offered by Lionheart Funding Program.
Lionheart Funding Program Review
Features
| Maximum capital | $600,000 |
| Profit split | Up to 90% |
| Scaling | Yes |
| News trading | Yes |
| Weekend trading | No |
| Automated trading | Yes |
| Free trial | No |
| Maximum leverage | 1:100 |
Equipped with the DXTrade platform and a suite of trading tools, Lionheart offers robust features to enhance the trading experience. Let’s examine these features quickly.
Platforms Offered
Lionheart Funding Program uses the DXTrade platform, a versatile trading solution designed for both novice and experienced traders. DXTrade offers a customizable web trading interface that allows users to tailor their trading environment to their preferences. It includes features such as real-time quotes, alerts, and a built-in calendar for corporate and economic events, enhancing the trading experience.
Additionally, DXTrade provides branded mobile apps for iOS and Android, enabling traders to manage their positions and monitor market movements on the go. The platform supports a range of order types, including whole share, fractional, and notional orders, making it suitable for various trading strategies.
Support Offered
Lionheart Funding Program provides 24/7 customer support through multiple channels to ensure traders receive assistance whenever needed. Support is available via email and Discord, offering flexibility in communication methods. The availability of a Discord channel fosters a community environment where traders can interact with support staff and fellow traders for real-time assistance and discussions. This comprehensive support system ensures that traders can resolve issues promptly and continue focusing on their trading activities without unnecessary interruptions.
Knowledge Base
The program offers an extensive knowledge base that serves as an educational resource for traders. This includes detailed information on trading rules, strategies, and best practices, helping traders navigate the challenges effectively. By providing these resources, Lionheart Funding Program supports traders in enhancing their skills and understanding of market dynamics. The knowledge base is an invaluable tool for both novice and experienced traders seeking to improve their trading performance.
Dashboard
Traders with Lionheart Funding Program have access to a detailed dashboard that facilitates efficient account management. The dashboard provides insights into key metrics such as profit targets, drawdowns, and trading history.
This feature allows traders to monitor their progress closely and make informed decisions based on real-time data. The user-friendly interface of the dashboard ensures that traders can easily navigate through their account details and focus on achieving their trading goals.
Broker Integration
Lionheart Funding Program partners with Eightcap as their broker, offering competitive trading conditions such as tight spreads and low commissions. Eightcap provides access to the DXTrade platform, ensuring that traders have a reliable brokerage service that supports their trading activities under favorable conditions. This partnership enhances the overall trading experience by combining the robust features of DXTrade with the trusted services of Eightcap, enabling traders to execute their strategies efficiently.
Comprehensive Tool Suite
Lionheart Funding Program offers a comprehensive suite of tools designed to enhance the trading experience. Among these tools are trading calculators, which include margin calculators, profit calculators, and pip point and price calculators. These tools help traders make informed decisions by providing precise calculations for various trading scenarios. Additionally, the program features an economic calendar that keeps traders updated on important market events, a market time zones tool to track global trading hours, and a Forex sentiment analysis tool that provides insights into market trends and trader sentiment. This array of tools equips traders with the necessary resources to strategize effectively and optimize their trading performance.
Affiliate Program
The Lionheart Funding Program features a rewarding affiliate program that allows traders to earn commissions by referring new clients. Affiliates can earn between 8% and 15% commission on the initial payments made by new clients for the LFP Challenge. The program is structured into three monthly achievement tiers, each offering unique benefits and increasing commission percentages as affiliates refer more clients. In addition to commissions, affiliates receive unique coupons that offer discounts to their referrals—starting at 5% off for Tier 1 affiliates and increasing up to 10% off for Tier 3 affiliates. This tiered system not only incentivizes affiliates to bring in more referrals but also provides added value to their referred clients.
Lionheart Funding Program Review
Conclusion
In conclusion, Lionheart Funding Program stands out with its flexible trading conditions, a robust platform in DXTrade, and a comprehensive suite of tools that cater to traders of all levels. The generous profit split, lack of minimum trading days, and the opportunity to scale accounts up to $2.5 million are definite strengths that make it an attractive choice for serious traders. The affiliate program also offers a lucrative way to earn commissions while sharing the benefits with others. However, traders should be mindful of the non-refundable challenge fees and ensure they are fully prepared before committing. Overall, Lionheart Funding Program presents a compelling option for traders seeking growth and support in their trading journey.
Lionheart Funding Program Review
