Sure Leverage Funding Review
Sure Leverage Funding is a proprietary trading firm based in the United Arab Emirates that offers traders access to substantial capital through various trading programs. Founded by CEO Sebastian Ness, the firm has quickly established itself in the prop trading industry, providing opportunities for traders to potentially earn significant profits.
Sure Leverage Funding Review
Summary
Sure Leverage Funding is a proprietary trading firm that offers traders the opportunity to access substantial capital and potentially earn significant profits through various trading programs. Founded by CEO Sebastian Ness and headquartered in the United Arab Emirates, Sure Leverage Funding has quickly established itself as a player in the prop trading industry since its inception.
The firm operates on the software and quotes from the Forex broker Eightcap, ensuring reliable execution of trade orders and robust technical support. This partnership allows Sure Leverage Funding to provide traders with access to the popular MetaTrader 4 platform, enabling the use of automated trading features and a wide array of technical indicators developed by third-party developers.
The firm’s diverse range of programs includes the 2 Step Power Challenge, 1 Step Power Challenge, Liberty Challenge, and Instant Funding, each with unique rules, profit targets, and drawdown limits. Sure Leverage Funding stands out with its competitive profit split arrangements, offering up to 100% profit share and a scaling plan that can increase funded account sizes by 25% for consistent performance.
Risk management is a priority, with daily drawdown limits of 4-5% and overall account drawdown limits of 8-10%. The firm allows Expert Advisors (EAs) during evaluation phases but prohibits them in funded accounts. Sure Leverage Funding also provides educational resources through its blog, demonstrating a commitment to trader success.
Sure Leverage Funding’s commitment to trader success is evident in its provision of educational resources through its blog, offering valuable insights and trading knowledge to its clients. The firm’s innovative approach to prop trading, under the leadership of Sebastian Ness, has positioned it as a notable option for traders seeking a comprehensive and supportive trading environment in the UAE and beyond.
Let’s examine the specific features, conditions, and programs offered by Sure Leverage Funding to gain a more comprehensive understanding of what this prop firm has to offer traders.
Sure Leverage Funding Review
Programs
Sure Leverage Funding offers diverse trading programs tailored for different skill levels and risk preferences. Here’s a quick overview of the available programs.
2 Step – Power Challenge
The 2 Step – Power Challenge is a comprehensive evaluation program that offers account sizes ranging from $5,000 to $200,000, with fees varying from $39 to $699. This program consists of two phases followed by a funded account stage. In both Phase 1 and Phase 2, traders face a maximum daily drawdown of 5% and a maximum overall drawdown of 10%.
The profit target for Phase 1 is set at 10%, while Phase 2 requires a 5% profit target.Traders have unlimited trading days to achieve these targets, with a minimum requirement of 5 trading days per phase.Upon successful completion, funded traders maintain the same drawdown limits and enjoy a profit split of up to 100%. The program offers a leverage of 1:50 throughout all stages and implements a consistency rule in the funded account phase.
1 Step – Power Challenge
The 1 Step – Power Challenge provides a streamlined path to funding, offering account sizes from $5,000 to $200,000 with fees ranging from $49 to $799. This program features a single evaluation phase followed by the funded account stage. Traders must navigate a 4% maximum daily drawdown and an 8% maximum overall drawdown in both phases.
The evaluation phase requires an 8% profit target, with unlimited trading days and a minimum of 5 trading days. Funded traders maintain the same drawdown limits and can earn up to 100% profit split. The program offers 1:50 leverage and implements a consistency rule in the funded account phase. A unique feature of the Power Challenge is the free reset option, allowing traders who face setbacks within the first 10 days of funding to restart their challenge at no additional cost.
Liberty Challenge
The Liberty Challenge offers a more flexible approach, with account sizes ranging from $5,000 to $200,000 and fees from $59 to $849. This program consists of two phases followed by a funded account stage. Both phases and the funded account maintain a 4% maximum daily drawdown and an 8% maximum overall drawdown.
Traders must achieve a 6% profit target in each evaluation phase, with unlimited trading days and a minimum of 5 trading days per phase. The Liberty Challenge stands out by not imposing any consistency rules throughout the program, offering traders more freedom in their strategies. The program provides 1:50 leverage across all stages.
Instant Funding
The Instant Funding program offers immediate access to funded accounts, ranging from $5,000 to $200,000, with fees from $99 to $1,899. This program bypasses the evaluation phases, placing traders directly into a funded account.
Funded traders must adhere to a 4% maximum daily drawdown and an 8% maximum overall drawdown. Unlike other programs, there is no profit target, allowing traders to focus on consistent performance. The program requires a minimum of 5 trading days, offers 1:50 leverage, and implements a consistency rule. Traders can earn up to 80% profit split in this program.
HFT Challenge
The High-Frequency Trading (HFT) Challenge is designed for traders who specialize in rapid, automated trading strategies. This program offers a multiple accounts ranging from $5,000 to $200,000, with fees from $69 to $1,099. The challenge consists of a single evaluation phase followed by a funded account stage. In both phases, traders face a maximum daily drawdown of 4% and a maximum overall drawdown of 8%. The evaluation phase requires a 6% profit target, with unlimited trading days and no minimum trading day requirement.
Upon successful completion, funded traders maintain the same drawdown limits and can earn up to 80% profit split. The program offers higher leverage of 1:100 during the evaluation phase, which reduces to 1:50 in the funded account. A consistency rule is applied in both phases. Uniquely, this challenge allows the use of HFT Expert Advisors (EAs) throughout both the evaluation and funded stages, making it ideal for algorithmic traders.
Sure Leverage Funding Review
Conditions
Sure Leverage Funding provides clear trading conditions to promote disciplined and responsible trading. Let’s delve into the specifics.
Drawdowns
Sure Leverage Funding implements strict drawdown rules to manage risk effectively. For most programs, the maximum daily drawdown is set at 4-5%, while the overall account drawdown limit is 8-10%. These limits help traders maintain discipline and prevent substantial losses. It’s crucial to stay within these boundaries to avoid disqualification from the challenge or closure of your funded account.
Profit Targets
The profit targets at Sure Leverage Funding are designed to challenge traders while remaining achievable. They range from 6% to 10% for evaluation phases, depending on the program. The 2 Step Power Challenge, for example, sets a 10% target for Phase 1 and 5% for Phase 2. The 1 Step Power Challenge aims for 8%, while the Liberty Challenge requires 6% in both phases. Interestingly, the Instant Funding program takes a different approach by not setting a specific profit target, offering traders more freedom in their strategies.
Trading Strategies
When it comes to trading strategies, Sure Leverage Funding offers a mix of flexibility and restrictions. During evaluation phases, you’re free to use Expert Advisors (EAs), giving you room to automate your strategies. However, once you reach the funded account stage, EAs are off the table. For those interested in high-frequency trading, there’s a specific HFT challenge where HFT EAs are allowed. News trading is permitted during evaluation but becomes a no-go in funded accounts. The firm even goes as far as removing profits from trades executed within five minutes of news events. Copy trading is allowed, but with a twist – you can only copy your own trades onto your simulated live account.
Trading Days
Sure Leverage Funding strikes a balance between consistency and flexibility with its trading day requirements. Most programs require a minimum of 5 trading days for both evaluations and funded accounts. The exception is the HFT challenge, which doesn’t have a minimum trading day requirement. What’s great is that there are no maximum time limits on any challenges. This setup encourages regular trading activity while giving you the freedom to trade at your own pace. Whether you’re a daily trader or prefer to be more selective with your trades, this structure can accommodate your style.Â
Profit Split
The high profit split offered by Sure Leverage Funding is one of its most attractive features. Traders can potentially earn up to 100% of their profits, depending on the program and their performance. The Power Challenge and Liberty Challenge offer the highest potential, with up to 100% profit split, while the Instant Funding program caps at a still impressive 80%. The 100% Power Profit Add-On is an enticing option for those aiming for maximum returns. There is an initial waiting period of 30 days before the first payout can be requested. After two successful withdrawals, you can retain all your profits, providing a significant boost to your earning potential. The firm operates on a bi-weekly payout schedule for funded accounts.
Scaling Plan
The firm does not currently offer a scaling plan for funded accounts. This means traders cannot increase their account size based on consistent performance over time. Instead, traders must work within the account size they initially qualify for through the various challenge programs. Traders looking to access larger account sizes will need to complete new challenges at higher capital tiers rather than scaling up an existing funded account
Refund Policy
The refund policy at Sure Leverage Funding is straightforward but strict. Once you receive your login details for the simulated trading platform via email, refunds are off the table. The only exception is if you haven’t accessed the platform at all. This policy underscores the importance of commitment when you sign up for a program. It’s a reminder to carefully consider your decision and ensure you’re ready to dive into the challenge before taking the plunge.
Scaling Plan
Sure Leverage Funding rewards consistent performance with a generous scaling plan. If you maintain profitability for three consecutive months, you can see your funded account size grow by 25%. This isn’t just about managing more capital; it’s an opportunity to accelerate your trading career. The scaling plan encourages long-term thinking and steady growth, aligning the trader’s success with the firm’s success.
Consistency Rules
Sure Leverage Funding implements consistency rules to promote stable trading practices and mitigate risks associated with emotional trading. These rules vary by program: the Liberty Challenge stands out by not imposing any consistency rules, offering maximum flexibility. However, the Power Challenge, HFT Challenge, and Instant Funding Challenge all incorporate both profit and lot size consistency rules. The profit consistency rule stipulates that no single trade can exceed 25% of the total account profit or the profit cap, whichever is lower. The lot size consistency rule is equally straightforward: the highest allowed lot size is double the average, while the lowest is a quarter of the average.
Sure Leverage Funding Review
Features
| Maximum capital | $200,000 |
| Profit split | Up to 100% |
| Scaling | Yes |
| News trading | Yes (evaluation only) |
| Weekend trading | Yes |
| Automated trading | Yes (evaluation only) |
| Free trial | No |
| Maximum leverage | 1:50 |
Sure Leverage Funding boasts features that enhance the trading experience, offering essential tools and support. Here’s a brief look at what’s available.
Trading Platforms
Here’s an in-depth look at the trading platforms offered by Sure Leverage Funding:
- MetaTrader 5, the successor to the popular MetaTrader 4, is a multi-asset platform that offers advanced trading capabilities. MT5 provides traders with a wide range of analytical tools, including an extensive selection of technical indicators and graphical objects. The platform supports various order types and execution modes, allowing for flexible trading strategies. MT5 also features a built-in strategy tester for backtesting trading robots and expert advisors, enabling traders to optimize their automated trading systems.
- MatchTrader: MatchTrader is a standalone trading platform tailored specifically for forex and prop trading. It boasts award-winning technology, including the integration of popular TradingView charts, which enable traders to analyze the market in detail and with speed. MatchTrader’s flexibility allows it to be customized to fit the needs of brokers, whether used as a standalone platform or an all-in-one solution with built-in CRM and Client Office applications. The platform’s high security standards, fast and stable processing, and seamless integration with other systems through various APIs make it a top choice for brokers seeking a modern trading solution.
Customer Support
Sure Leverage Funding provides customer support through email, which can be reached at support@sureleverage.com. This email support channel allows traders to get assistance with any questions or issues they may encounter while using the platform or participating in the firm’s trading programs.
While email support is a standard offering in the industry, it’s worth noting that response times may vary depending on the volume of inquiries and the complexity of the issue. Traders should keep this in mind when seeking assistance, especially for time-sensitive matters.
Knowledge Base
Continuous learning is key to success in the fast-paced world of trading. Sure Leverage Funding recognizes this and provides educational resources to help traders expand their knowledge and sharpen their skills. Their blog is a treasure trove of informative articles covering a wide range of trading topics. From beginner guides to advanced strategies, there’s something for traders at every level. Take advantage of this valuable resource to stay informed and up-to-date with the latest trends and best practices in the industry.
Dashboard
Managing your trading account is a breeze with Sure Leverage Funding’s intuitive dashboard. This centralized hub gives you a clear overview of your account status, performance metrics, and other essential information. You can easily track your progress, monitor your trades, and make informed decisions based on real-time data. The dashboard’s user-friendly design ensures that even if you’re new to trading, you’ll quickly get the hang of navigating and utilizing its features effectively.
Broker Integration
Sure Leverage Funding partners with Eightcap, a regulated Forex and CFD broker, to provide trading services. This partnership ensures traders have access to reliable execution and robust technical support.
Plug & Play Ecosystem
Sure Leverage Funding’s commitment to providing a seamless trading experience extends to its open and accessible technology environment. The firm’s in-house technology is built with flexibility in mind, offering various APIs that allow for easy integration with other systems. This plug-and-play ecosystem enables clients to connect their preferred tools and services, such as distribution systems, market-leading CRMs, and supporting apps, without any hassle.
Sure Leverage Funding Review
Conclusion
In conclusion, Sure Leverage Funding is a prop firm that’s definitely worth checking out. They’ve got some pretty cool features that set them apart from the rest, like their hybrid server for forex and prop trading, proprietary trading platforms, and plug-and-play ecosystem. Plus, they offer a one-stop-shop for all your trading needs, so you don’t have to go hunting around for different tools and services. Their partnership with a regulated liquidity provider is also a big plus, giving you access to deep, multi-asset liquidity. The only thing to keep an eye on is their strict refund policy – once you’re in, you’re in. But overall, Sure Leverage Funding seems like a solid choice for traders looking for a comprehensive and innovative trading environment.
Sure Leverage Funding Review
