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Falcon Funded

  • United Arab Emirates

Falcon Funded sells 16 funded-account plans in 3 programmes, from $5K to $200K, paying traders 85% of their profits. Trading runs on MetaTrader 5.

Does Falcon Funded pay out?

Read the full review
72
Payout risk
High riskConfidence: medium3 evidenced payouts
2.0/5Trust rating 2 out of 5

Falcon Funded does pay some traders, but it has a documented and repeating habit of reviewing trades only once a payout is requested and denying the payout at that point. The mechanic is not an alleg…

The firm
Updated

Falcon Funded at a glance

Falcon Funded is a proprietary trading firm based in United Arab Emirates.

Account sizes on sale
$5K – $200K
Profit split to the trader
85%
programmes, across 16 plans
3
Cheapest plan
$70

On the record

Based in
United Arab Emirates
Platforms
MetaTrader 5
Instrument types
Cfd
Evidence last checked

Pay for a plan with

  • VISA
  • Mastercard
  • PayPal
  • Crypto

Get paid by

  • Riseworks
  • Crypto
Recorded by Wikilix from Falcon Funded’s published terms and re-checked periodically.
Programme ledger

What Falcon Funded sells

16 plans in 3 programmes: 5 one-step evaluations and 11 two-step evaluations.

3 programmes
Highest split · Knockout One-Phase Challenge
85%
Most drawdown room · Regular Two-Phase Challenge
11%
Fewest minimum days · Regular Two-Phase Challenge
4
Highest leverage · Regular Two-Phase Challenge
1:100
  • 1-stepKnockout One-Phase Challenge1-step5 sizesFee refunded$10K – $200K10% target6% max drawdown3% daily loss5 min days85%profit split

    The rules

    Phase 1 target
    10%
    Max drawdown
    6% · Static
    Daily loss limit
    3% · Balance based
    Minimum trading days
    5
    Max leverage
    1:30
    Payout schedule
    Biweekly, processed on the 14th and 28th of each month
    Fee refunded on passing
    Yes

    On this programme

    • News tradingNot allowed
    • Expert advisors (EAs)Not allowed
    • Weekend holdingNot allowed
    • Overnight holdingAllowed
    • Stop lossRequired

    Account sizes

    • $10K
    • $25K
    • $50K
    • $100K
    • $200K

    Per-size prices are published on the firm’s site, not on this record.

  • 2-stepRegular Two-Phase Challenge2-step6 sizesFee refunded$5K – $200K7.5% target11% max drawdown4% daily loss4 min days85%profit split

    The rules

    Phase 1 target
    7.5%
    Phase 2 target
    6%
    Max drawdown
    11% · Static
    Daily loss limit
    4% · Balance based
    Minimum trading days
    4
    Max leverage
    1:100
    Payout schedule
    Biweekly, processed on the 14th and 28th of each month
    Fee refunded on passing
    Yes

    On this programme

    • News tradingNot allowed
    • Expert advisors (EAs)Not allowed
    • Weekend holdingNot allowed
    • Overnight holdingAllowed
    • Stop lossRequired

    Account sizes

    • $5K
    • $10K
    • $25K
    • $50K
    • $100K
    • $200K

    Per-size prices are published on the firm’s site, not on this record.

  • 2-stepSwing Two-Phase Challenge2-step5 sizesFee refunded$10K – $200K7.5% target11% max drawdown4% daily loss4 min days85%profit split

    The rules

    Phase 1 target
    7.5%
    Phase 2 target
    6%
    Max drawdown
    11% · Static
    Daily loss limit
    4% · Balance based
    Minimum trading days
    4
    Max leverage
    1:30
    Payout schedule
    Biweekly, processed on the 14th and 28th of each month
    Fee refunded on passing
    Yes

    On this programme

    • News tradingAllowed
    • Expert advisors (EAs)Not allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed
    • Stop lossRequired

    Account sizes

    • $10K
    • $25K
    • $50K
    • $100K
    • $200K

    Per-size prices are published on the firm’s site, not on this record.

Compare all 3 programmes side by side
ProgrammeTypeSizesSplitTargetMax drawdownDaily lossMin daysLeverageFee refund
Knockout One-Phase Challenge1-step$10K – $200K85%10%6%3%51:30Yes
Regular Two-Phase Challenge2-step$5K – $200K85%7.5%11%4%41:100Yes
Swing Two-Phase Challenge2-step$10K – $200K85%7.5%11%4%41:30Yes
Rules as recorded by Wikilix from Falcon Funded’s published terms. A rule that differs between sizes prints as a range; per-size prices are on the firm’s site.
Leverage

Leverage by market

Leverage runs from 1:30 on FX to 1:100 on FX, depending on the programme.

Market1-step2-step
FX1:301:100
Indices1:301:100
Metals1:301:100
Energy1:301:100
Other Commodities1:301:100
Crypto1:301:100
Payouts

How Falcon Funded pays

Traders keep 85% of their profits, paid out by Riseworks and Crypto.

Profit split
85%
Payout methods
2
Plans refunding the fee
16 of 16
Payout schedules stated
1

Paid out by

  • Riseworks
  • Crypto

Payout schedules, in the firm’s words

  • Biweekly, processed on the 14th and 28th of each month

    Knockout One-Phase Challenge, Regular Two-Phase Challenge, and Swing Two-Phase Challenge

Payout policy

The first withdrawal can be processed 14 trading days after becoming a funded trader. All withdrawals, including the first, are only processed on the 14th or the 28th of the month, so the cycle after the first payout is biweekly.

Payouts are handled through the trader's Rise account, and the methods offered there vary by country of residence, verification status and the providers available in that jurisdiction. Cryptocurrency payouts are currently limited to traders located in Venezuela. Every payout is subject to identity verification, verification that the payment method belongs to the trader, and internal fraud checks.

The minimum amount for a reward is 1% of the initial account balance, inclusive of the split. Profits cannot be withdrawn while an evaluation is still running.

Several limits shape what actually reaches a payout:

  • Eligible profit is capped at $3,000 per trading day, rising to $6,000 for traders who have reached the maximum allocation of $400,000 across two $200,000 accounts. Profit above the applicable daily cap is not included in the payout.
  • The first two approved payout requests are each capped at 6% of the account's initial balance. The cap is removed automatically once the second payout has been processed.
  • The consistency rule must be satisfied before a payout is released.

The evaluation fee is returned once the trader has taken three rewards from the account, paid out alongside the third reward. At that point the trader can take the refund in cash or exchange it for a new account of the same size.

Markets

What you can trade

6 asset classes, traded as CFDs.

6 asset classes

Asset classes

  • FX
  • Indices
  • Metals
  • Energy
  • Other Commodities
  • Crypto

Instrument types

  • CFDs
Trading rules

What Falcon Funded lets you do

Across all 16 plans, as recorded programme by programme.

  • News tradingAllowed on 5 of 16 plans
  • Expert advisors (EAs)Not allowed on any plan
  • Weekend holdingAllowed on 5 of 16 plans
  • Overnight holdingAllowed on every plan
  • Stop lossRequired on every plan

Falcon Funded requires fully manual trading. Automated trading systems and Expert Advisors are prohibited on every account, in both the evaluation phases and the funded stage, regardless of what the EA is used for and regardless of any add-ons purchased. Detection results in immediate failure and termination.

News and weekend behaviour depends on the program you buy:

  • Regular and Knockout accounts: positions may not be held over restricted news events or over the weekend. All positions must be closed before the Friday market close, and no new positions may be opened until the market reopens. Traders without the News Trading add-on are advised to stay out of the market for at least ten minutes either side of a major release.
  • Swing accounts: news trading and weekend holding are permitted as standard, at a reduced leverage of 1:30.

Every trade must be held for a minimum of five minutes. Opening and closing inside that window is treated as the Quick Strike Method and is prohibited, as are high frequency trading, tick scalping, latency trading, arbitrage, grid trading and aggressive scalping with disproportionately large lot sizes.

Hedging is allowed within a single account. Placing opposing positions across two or more accounts, whether at Falcon Funded or at another firm, is not permitted. Traders may not stack multiple positions in the same direction on the same instrument at the same time.

Activity limits apply. An account is treated as hyperactive above 200 trades or 2,000 server messages in a day, which draws a warning; warnings accumulate across all accounts held by the same person, and a third occurrence breaches the account. An account generating 15,000 server messages in a day may be disabled without warning.

There are no limits on which instruments may be traded or on position size, provided the risk rules are respected.

Consistency

Consistency rules

A consistency rule applies to live funded accounts. It does not apply during the evaluation phases.

Your most profitable trading day must not account for more than 45% of your total realised profits. On a total realised profit of $10,000, the best single day must not exceed $4,500.

Failing the consistency rule is not a breach and does not terminate the account. If your best day is above the 45% threshold you simply keep trading until its share of total realised profit falls back to 45% or below, at which point, with the other payout requirements met, you become eligible for a payout.

The rule applies until your third payout request has been approved. Once that third payout is processed, the consistency rule no longer applies to the account.

Firm rules

Firm rules

Outside the drawdown maths, a Falcon Funded account can be ended by conduct rules rather than by losses.

Stop loss. On funded accounts a stop loss must be in place at the moment the trade is executed. Adding one seconds later does not satisfy the requirement. This is not checked in real time: the account is reviewed only once a withdrawal is requested. A reviewer may treat an isolated, clearly honest lapse as a soft breach, which carries a formal warning and the option to restart from Phase 2 of a two-phase challenge for a small fee. A repeat or anything judged more than minor ends the account.

One trader, one identity. Accounts may not be shared or sold, and devices may not be shared with another trader whatever the relationship. Falcon Funded treats this as zero tolerance. Buying an account with someone else's card is likewise not allowed; the payment card must belong to the trader.

Account rolling and gambling. Opening many accounts to place high risk trades and relying on one of them surviving is prohibited. So is risking all or close to all of the daily loss limit on a single trade or a set of simultaneous trades. Rather than terminating immediately, Falcon Funded may respond with reduced leverage or a 1% risk cap on running trades; ignoring those measures can lead to termination and deduction of the profits from the offending trades.

Platform exploitation. Trading against frozen prices or delayed data caused by demo server errors is prohibited, and traders are asked to report such errors instead. Exploiting pricing errors or other technical flaws can bring immediate suspension.

Activation window. A challenge that is not activated within 35 calendar days of purchase has its access suspended, though access can be requested again by email.

Breaches are generally not enforced by closing positions on the platform. They surface at live verification or at the payout review, at which point the account may be blocked or disqualified.

Restricted countries

Where Falcon Funded does not take traders

Residents of 27 countries cannot open an account with Falcon Funded.

27 countries
  • Afghanistan
  • American Samoa
  • Antigua and Barbuda
  • Bangladesh
  • Belize
  • Burundi
  • Cape Verde
  • Chad
  • China
  • Comoros
  • Cook Islands
  • Cuba
  • Eritrea
  • Fiji
  • Grenada
  • Iran
  • Libya
  • Mongolia
Show 9 more
  • Myanmar
  • North Korea
  • Puerto Rico
  • Singapore
  • Sudan
  • Syria
  • Tuvalu
  • United States
  • Vietnam
As published by Falcon Funded. A country not listed here is not thereby accepted — check the firm’s own terms.
Worth comparing

Prop firms worth comparing

4 firms from the Wikilix directory set beside Falcon Funded: the same country, the same kind of funding, a comparable split, or the best rated on the record.

4 firms
Figures as recorded on the Wikilix directory. A dash means the firm has not published that figure.

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