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📋 How We Review Prop Firms: CoinCodeCap evaluates prop trading firms across five weighted criteria: Payout Reliability (35%), Evaluation Fairness (25%), Pricing Value (20%), Platform & Tools (10%), and Support & Transparency (10%). We research payout histories, Trustpilot reviews, community feedback, and official rule documentation before scoring. All facts are verified against primary sources at time of publication.
FundedFast launched in October 2024 in Malta with a clear pitch: one-phase evaluation, entry from $49, no time limit, weekly payouts, and up to 90% profit split. For a prop firm less than two years old, its entry pricing and structure are genuinely competitive. The key honest caveat: $500,000+ in total payouts and ~1,000 active traders puts it at a fraction of established firms like FTMO ($500M+) or Apex ($750M+). The track record is simply too short to assess long-term reliability.
⚡ TL;DR — FundedFast
FundedFast is a Malta-based Forex/crypto prop firm founded October 2024. Entry from $49, 1-step or 2-step challenge, no time limit, weekly payouts. Very new — use caution given the limited track record.
- 📅 Founded: October 2024, Attard, Malta
- 💰 Entry Fee: From $49 (one-time, refundable on success)
- 📊 Account Sizes: $5K–$400K · scales to ~$976K
- 💸 Profit Split: Up to 90%
- ⏰ Payouts: Weekly · no hidden withdrawal fees
- 🏆 Trustpilot: 4.4/5 — but only ~10 reviews (insufficient data)
- ⚠️ Track Record: $500K+ total payouts · ~1,000 active traders · founded less than 2 years ago
- ✅ Best For: Traders willing to try a new, affordable firm with small allocation as part of a diversified approach
FundedFast at a Glance
| 📊 Feature | Details |
|---|---|
| ⭐ CoinCodeCap Rating | 3.5 / 5 |
| Founded | October 2024, Attard, Malta |
| Best For | Traders wanting low entry cost — with caution given limited track record |
| Markets | Forex, commodities, indices, crypto |
| Account Sizes | $5K–$400K · scales to ~$976K |
| Challenge Type | 1-Step or 2-Step (single profit target, no time limit) |
| Entry Fee | From $49 (one-time, refundable) |
| Profit Split | Up to 90% |
| Profit Target | 10% (Phase 1) · 5% (Phase 2) |
| Daily Drawdown | 5% |
| Max Drawdown | 10% |
| Min Trading Days | 3 |
| Time Limit | ✅ None |
| Payouts | Weekly · no hidden fees |
| Leverage | Up to 1:100 |
| Trustpilot | 4.4/5 — ~10 reviews only (insufficient sample) |
| Total Payouts | $500K+ (very small — firm is less than 2 years old) |
| 👉 Try FundedFast — Start From $49 → | |
⚠️ New Firm Warning: FundedFast launched in October 2024 — less than 2 years ago. It has paid out only $500,000+ total, compared to FTMO ($500M+) and Apex ($750M+). The Trustpilot rating of 4.4/5 comes from ~10 reviews — too small a sample to draw conclusions. Treat any allocation here as a small, experimental position until the firm builds a longer verified payout history.
⚡ Bottom Line (Up Top): FundedFast’s pricing ($49 entry), structure (1-step, no time limit, weekly payouts, 90% split), and dedicated account manager are genuinely competitive. The firm is new (Oct 2024), small ($500K total payouts, ~1,000 traders), and based in Malta with no regulatory backing. Use it only for small experimental allocations until it builds a verified multi-year payout track record.
What Is FundedFast?
FundedFast is a proprietary trading firm launched in October 2024, headquartered at Memento Enterprises Limited in Attard, Malta. It targets traders who want fast access to funded accounts without multi-phase evaluation complexity. The single-phase structure, no time limit, and 3-day minimum trading requirement make it one of the quickest paths to a funded account among Forex prop firms.
That speed comes with a tradeoff: the firm is less than two years old. No prop firm can build a genuine payout track record in that time. The $500K in total payouts and ~1,000 active traders are positive early indicators, but they’re not comparable to a firm with a decade of operation. News trading, swing trading, and scalping are all permitted — a permissive ruleset that suits traders who find FTMO’s or E8’s restrictions limiting.
Key Trading Rules
| Rule | FundedFast Policy |
|---|---|
| Profit Target | 10% (1-Step) · 10% Phase 1 + 5% Phase 2 (2-Step) |
| Daily Drawdown | 5% max |
| Overall Drawdown | 10% max (trailing) |
| Min Trading Days | 3 days |
| Time Limit | None |
| News Trading | ✅ Allowed |
| Swing Trading | ✅ Allowed |
| Scalping | ✅ Allowed |
| EAs | ⚠️ Allowed under fair usage rules — verify on official site |
| Leverage | Up to 1:100 depending on instrument |
⚡ Expert Tip: The 3-day minimum trading requirement is one of the lowest in the industry — Apex requires 1 day but for futures; FTMO requires 4 days. For Forex traders who hit their profit target quickly, FundedFast’s 3-day minimum is easy to satisfy without forcing unnecessary trading.
How We Rate FundedFast
| Criteria | Weight | Score | Notes |
|---|---|---|---|
| Payout Reliability | 35% | 3.0 / 5 | $500K+ paid, weekly payouts, early positive reports. But less than 2 years of operation and ~10 Trustpilot reviews — insufficient data. |
| Evaluation Fairness | 25% | 4.0 / 5 | 1-step option, no time limit, only 3 min days, permissive rule set. Standard 5%/10% drawdown limits. |
| Pricing Value | 20% | 4.5 / 5 | From $49 one-time — among the cheapest entry in the industry. Refundable on success. No monthly fees. |
| Platform & Tools | 10% | 3.5 / 5 | Clean dashboard, dedicated account manager. Platform specifics not fully disclosed — verify before purchasing. |
| Support & Transparency | 10% | 3.5 / 5 | Multilingual support, clear rules. Very new firm — limited community reputation and no published payout statistics. |
| Overall: 3.5 / 5 | |||
Pros and Cons
| ✅ Pros | ❌ Cons |
|---|---|
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Who Should Use FundedFast?
FundedFast suits you if: You want the cheapest possible entry point ($49) to test a Forex prop firm with permissive rules. You’re comfortable taking a small position with a very new firm while your primary capital sits at an established firm. You need news and swing trading without restrictions.
Look elsewhere if: You want a verified multi-year payout track record — use FTMO ($500M+, 9 years) or FundedNext ($261M+). You rely on EAs and need confirmed EA policy. You want the highest Trustpilot rating from a significant review base.
⚡ Bottom Line: FundedFast has the right structure — low entry, simple rules, no time limit, weekly payouts, 90% split. The problem is age. A prop firm founded in October 2024 with $500K in total payouts hasn’t been tested at scale. It may prove itself over the next 2–3 years. For now, treat it as a low-cost experimental position, not a primary firm. Put your main allocation with FTMO, FundedNext, or Apex until FundedFast earns a verifiable multi-year track record.
📝 Reviewed by the CoinCodeCap Editorial Team — Our prop firm reviews are researched and written by analysts with direct experience evaluating funded trading programs, payout structures, and challenge rule sets across 20+ firms. All scores and comparisons are updated quarterly or when firms announce material changes.
FAQs
Is FundedFast legit?
FundedFast shows early positive signals — $500K+ paid, 1,000+ active traders, clear rules, and a 4.4/5 Trustpilot rating. However, the firm launched in October 2024 and has fewer than 20 Trustpilot reviews. It is not regulated as a financial broker. Exercise normal caution for any new prop firm: start with a small evaluation and verify payouts before committing larger capital.
How does FundedFast’s challenge work?
Choose a 1-step or 2-step challenge. Hit the profit target (10% in Phase 1, 5% in Phase 2) while staying within the 5% daily and 10% overall drawdown limits over a minimum of 3 trading days. No time limit applies. Pass and receive a funded account with up to 90% profit split and weekly payout eligibility.
What markets can I trade at FundedFast?
Forex, commodities, indices, and crypto. News trading, swing trading, and scalping are all permitted. EA policy is listed as “fair usage” — verify current terms on the official FundedFast website before deploying automated strategies.
Related articles: FTMO Review | FundedNext Review | The5ers Review | E8 Markets Review
