Super Funded Review

Superfunded Ratings at a Glance

Super Funded offers prop traders an opportunity to optimize their skills, deliver profitable trades and earn generous payouts by leveraging the firm’s existing equity and cutting-edge trading platform. To get funded, traders will have to pass the one-step evaluation. Five pre-funded profiles are available with account sizes ranging from $15,000 to $200,000. After evaluation, profits realized on the funded trading account are split 90:10 in favor of the traders. Trades are executed on the industry-recognized cutting-edge MetaTrader 4 (MT4), hosted by reputed broker Eightcap.

To get started, you select your preferred program tiers and pay the one-off fee, which varies for all account types. Your account credentials for the evaluation are sent within five minutes of payment. You can open up to three evaluation accounts with total virtual funding of $600,000. Each program tier has no set minimal trading days requirement. However, you must hit the target requirement and pass the assessment within 90 days in the demo environment to qualify for funding. You must adhere to the evaluation rules or meet the qualifying criteria to pass the evaluation and get funded. These include:

• 10% profit target
• 8% maximum total loss or total drawdown 
• 4% maximum daily loss or daily drawdown 
• 50% consistent profit, meaning no single trade can account for at least 50% of the total profit target. The idea is to help traders develop profitable strategies that are applicable across multiple trades and avoid concentrating risks and profits on a few positions.

Once you meet these requirements, you’ll get your account funded immediately by following the prompt on your evaluation email pass. You can then trade your favorite financial instrument using real capital and earn profits. Remember that you can only request withdrawal after 30 days of trading on your live account. On request, Super Funded process your payout within two days. 

Super Funded maintains competitive and consistent leverage across all program tiers. However, the leverages vary among specific instruments. For forex, metals and energy, it is 1:30; for stock indices, it is 1:20 and 1:2 for cryptocurrency. The platform permits trading with EAs or algos. It also allows hedging, but not between accounts. Here’s how the program tiers compare regarding pricing.

$15,000 Program Tier

The Program Tier is the smallest account size and costs $99. To pass the assessment, you must earn a $1,500 return (10% profit target) without exceeding $600 and $1,200 in a maximum daily and total loss, respectively. The drawdown and profit target is calculated as the static value of your starting balance fee or capital deposit into your evaluation or trading account. That is 10% of $15,000 (or $1,500) for the profit target, 8% of $15,000 (or $1,200) for maximum total loss and 4% of $15,000 (or $600) for maximum daily loss. A similar approach applies to all account sizes. 

$25,000 Program Tier

To get started with this account, you’ll pay a one-off fee of $149. To qualify for funding, you must deliver $2,500 in profit without exceeding $1,000 and $2,000, respectively, in maximum daily and total drawdown. 

$50,000 Program Tier

This intermediate account size costs $249 to register for evaluation. To pass the assessment or qualify, you must hit at least $5,000 in total earning or profit target while adhering to the drawdown rules — that is, not exceeding  $2,000 in daily drawdown and $4,000 in total drawdown.

$100,000 Program Tier

A one-off fee of $499 is needed to get started with this program tier. Although relatively pricier, the size of this account or the potential funding you’ll get once qualified more than make up for it. To qualify, you must meet a target return of $10,000 and not exceed $8,000 and $4,000 in total and daily drawdown, respectively.

$200,000 Program Tier

For this topmost account, you need $949 to get started. And to get funded, you must deliver $20,000 in returns and not exceed $16,000 and $8,000 in maximum total and daily loss, respectively. Suppose you lack sound risk management strategies and exceptional analytical trading skills. In that case, avoiding this and the $100,000 program tiers might be a good idea. Regardless, you can go for any of the program tiers if you have confidence in your ability. 

Other Services 

Unlike most of its peers, Super Funded lacks robust educational tools and learning centers. While the FAQs address some potential questions customers may like to ask, having a rich educational resource that includes podcasts, videos, and rich blog content can make a lot of difference for many customers. To be fair, there are a couple of blog posts. Benzinga rates Super Funded 4 out of 5 on product and service offerings. 

Customer support is mainly available via email and online ticketing. You can also connect, interact with the team and make inquiries via Instagram or its Discord channel. Super Funded has limited customer support options and the lack of reviews across independent platforms like Trustpilot makes it hard to constructively assess the company’s customer service efficiency. Limited customer service options often mean delayed or poor responses to inquiries or complaint resolution. However, the company is relatively new. Benzinga rates Super Funded 3.5 out of 5 on customer services.

Super Funded is licensed under ProTradeTech, established in 2022 as an Australian Private Enterprise company. The company is fully transparent on how it collects customer information and takes adequate measures to protect such information from misuse, mishandling, unauthorized access or disclosure in line with existing laws and industry best practices. 

Like any other company, data protection is not guaranteed. Regardless, Super Funded is a reasonably safe prop firm. Trade activities are executed via a MetaTrader 4 (MT4) terminal, which is hosted by Eightcap, an ASIC-regulated broker. So you should feel reasonably assured of a secure environment. Benzinga rates Super Funded 4.5 out of 5 on security. 

Super Funded’s radically low one-off evaluation fee significantly lowers the entry barrier, thereby streamlining access for retail traders of all types. These evaluation fees range from $99 for the $15,000 program tier to $949 for the $200,000 program, which is the largest account size. The platform is very transparent regarding its pricing. There are no monthly or hidden fees. Benzinga rates Super Funded 4.5 out of 5 on pricing.

Super Funded makes for excellent ease of usage. The onboarding process is a breeze. Once you pay the one-off fee for the challenge account, you’ll receive your account credentials within 5 minutes and can start your evaluation. Its cutting-edge MT4 terminal is powered by Eightcap, a highly reputed brokerage platform for especially prop traders. 

So while seamlessly trading via the web, desktop or mobile devices, you can be assured of the security of your trading environment and can assess immediate support when needed. The rules guiding the one-step evaluation process are straightforward. You can hold positions overnight and on weekends, which makes for flexibility. You can trade diverse instruments, and the platform permits trading using EAs and algos. Benzinga rates Super Funded 5 out of 5 on user experience.

Super Funded vs. Competitors

Super Funded has a few competitors like FTMO and SurgeTrader. Like Super Funded, both help prop traders access institutional funds to trade diverse instruments on qualification. Like SurgeTrader, Super Funded employs a one-step evaluation, and on qualification, the trader’s accounts are funded with real capital. 

Traders using Super Funded enjoy a straightforward 90:10 payout. To enjoy a 90:10 payout with SurgeTrader, you’ll have to purchase add-ons, and with FTMO, you can only get that via a scaling plan. Although Super Funded offers low funding amounts compared to these platforms, its radically low evaluation fee, flexible trade conditions (including overnight and weekend holding) and fast funding on qualification differentiate it from these platforms.

Super Funded’s impressive profit split, flexible trading conditions and simple one-step evaluation make for fast goal realization among retail traders. Its affordable one-off evaluation fees and fast funding on qualification lower the entry barrier and streamline access to the market for many undercapitalized traders. With access to cutting-edge trading technology, diverse tradable instruments, tight spreads and competitive leverages, Super Funded traders have an excellent opportunity to excel in the financial market. 

The trading environment is secured. However, the platform lacks vital educational resources and adequate customer support. Additionally, the funding size is relatively small compared to other industry-leading competitors. Based on these facts, Benzinga gives Super Funded overall rating of 4 out of 5.

Frequently Asked Questions