Imagine waking up one morning, turning on your computer, and trading with $100,000 that isn’t yours. You make $8,000 in a week, and you get $6,400 of it in your account without risking a single euro of your own money.
Sounds like an advertisement? I know. I thought the same thing when I first heard about prop firms.
But that’s exactly what proprietary trading firms offer, and Funded7 Prop Firm is one of the most talked-about new options in the space right now.
In this article, I’ll break everything down into easy-to-understand pieces: what a prop firm is, how Funded7 works specifically, what the rules are, how much money you can make, where the “buts” are, and whether it’s even worth trying.
let’s go to Funded7 review
To purchase the challenge for $15,000 to $500,000, you can do so here at Funded7 discount code you will enter GOLDEN7
What is a Prop Firm?
Before we get into Funded7 prop Firm specifically, you need to understand what a prop firm is or the rest of this article will make no sense.
Prop firm = Proprietary Trading Firm.
Simply put: it’s a company that gives you money to trade with, and takes a cut of the profits you make.
Think of it this way: Let’s say you’re a talented driver but don’t have the money to buy a race car. A prop firm is like a sponsor who gives you the car, you drive it, you win, and you share the prizes.
How Does It Work in Practice?
- You pay a small entry fee (e.g. $99 for a $10,000 challenge)
- You trade on a demo account that mimics real market conditions
- If you meet your goals and follow the rules, you get a funded account
- You trade with the company’s money and keep 80% of the profits
What is Funded7?
Funded7 is a global proprietary trading firm founded in 2025, based in Cyprus. Despite being a relatively new company, it has been recognized as the #2 most popular Japanese prop firm on X (Twitter) for 6 consecutive months, showing that it is not just a company that was built in a hurry.
Funded7 is aimed at both novice traders who want to try their hand at trading, and experienced traders who are looking for a better cost/capital ratio. The company promises that you can start trading and complete a purchase in less than 5 minutes.
If you want to try the strategies you can use the 2 best Forex brokers Vantage Markets and FP Trading.
Funded7 Challenges: What Options Do You Have?
Funded7 Challenges: What are your options
This is where it gets interesting. Funded7 offers 3 different types of challenges, each for a different type of trader.
Two Phase Challenge: The “Classic” Option
This is the most popular and most popular for beginners.
How does it work?
- Phase 1: You have to earn 8% without breaking the rules
- Phase 2: You have to earn 6% with the same rules
If you succeed in both phases, you get a funded account.
Why is it good for beginners?
Two Phase has a static drawdown, meaning the loss limit does not move as you win. This is much easier to manage psychologically.
Example:
If you have a $100,000 account with a Two Phase challenge:
- Max daily loss: 5% = $5,000 per day
- Max total loss: 10% = $10,000 total
- Profit target Phase 1: 8% = $8,000
- Profit target Phase 2: 6% = $6,000
- Profit split: 80% for you, 20% for the company
Available account sizes: $15,000, $50,000, $100,000, $250,000, up to $500,000.
One Phase Challenge: For Those Who Want to Get In Fast
Instead of two phases, here you have one and the challenge costs a little more
One Phase has a trailing drawdown, which means that the damage limit moves as you win. This is important to understand because it can catch you off guard.
Trailing drawdown example:
You start with $100,000. You win $5,000, you reach $105,000. Now the 8% trailing drawdown is calculated from $105,000, so your equity can’t fall below $96,600. If it falls, you’re out.
Available account sizes: $15,000, $50,000, $75,000, $100,000, $200,000.
Instant Funding: No Challenge, Directly Funded
If you don’t want to go through any challenges, Instant Funding gives you access to a funded account immediately.
Features:
- No profit target to enter
- Max daily loss: 5%
- Max total loss: 8% (trailing)
- Profit split: 50/50
- Minimum 3 trading days and 10 closed trades to withdraw
Who is it for?
For traders who are already confident in their strategies and don’t want to “waste time” on evaluation. The trade-off is that the profit split is lower (50/50 vs 80/20 in Two Phase).
Available sizes: $5,000, $10,000, $25,000, $50,000, $75,000.
if you want to learn how to start forex trading, you can read this article: How to Start Forex Trading: The Ultimate Step-by-Step Guide for Beginners
How to buy a challenge step by step on Funded7
To register and buy the challenge you will have to click on the official Funded7 website and it will take you to choose the package you want.
Then you will choose which platform you want to trade on, I will choose MT5 (Metatrader5)
After you choose the challenge you will enter your real details and in the discount code you will enter GOLDEN7 and you will get a -25% discount.
Then you will choose the way you want to buy the challenge, I chose the cryptocurrency method and paid with Solana USDC, you can pay with a card.
How to connect Funded7 to metatrader 5
First you will have to download metatrader 5 to your mobile, you can do it from google play or from the apple store.
Immediately after that you will go to the main website of funded7 and you will put in metatrader 5, what is written to you.
First you will put the server: Funded7
Login: you will put the numbers that it will show you and finally the password that it will have on the website
The 7 Most Common Mistakes Newbies Make in Prop Firms
I’ve seen them over and over again on forums and communities where you make tragic mistakes in Trading. If you avoid these, you have a much better chance of succeeding.
#1: Excessive leverage
“I have $100,000, why not put $50,000 on a trade?” Because if it moves 2% against you, you’ve lost $1,000 — that’s 1% of your account. It may seem like a small amount, but if you get it wrong 5 times, you’re out. Take small trades.
#2: Revenge trading after a loss
You lost $2,000 today. You think, “I’ll get it back now.” You open triple positions. You lose another $3,000. Game over. If you #3: Not reading the rules
You copy trades from an influencer without knowing that copy trading is prohibited. You lose your account without even realizing it.
#4: Trading during high uncertainty without knowledge
NFP, FOMC, CPI — these announcements can move the market 100-200 pips in seconds. If you don’t know what you’re doing, stay out of the market during these times.
#5: Over-trading
You feel like you have to “do something” every day. Result: lots of mediocre trades instead of a few good ones. Fewer, better trades is always the right strategy.
#6: Ignoring Trailing Drawdown
If you have One Phase or Instant Funding, remember that your floor goes up as you make money. Always keep a spreadsheet with your current floor.
#7: Rushing into trading without demo practice
Spend 2-4 weeks demo trading with Funded7’s exact rules before you buy. It’s free.
The author is not responsible for any financial losses incurred. Additionally, any methods discussed for making money online require effort, consistency, and carry no guarantee of results.
This post contains affiliate links. I may earn a small commission if you sign up or shop through my links, at no additional cost to you.
You lose your registration fee. Some challenges offer a “reset” at a lower cost instead of buying a new challenge.
Yes, there is no minimum number of trading days for the challenge (only for withdrawal). You can take your time without any time limit.
It depends on you. Theoretically, you can complete the Two Phase Challenge in 2-3 weeks if you hit your goals quickly. In practice, experienced traders take 1-3 months to complete it safely.
