FundedFast sells one-time-fee trading challenges in two formats: a 1-Phase challenge with a single 10% profit target and a 2-Phase challenge with targets of 8% then 5%. Traders who pass get a funded account that matches the challenge size, from $3,000 up to $400,000. Its pages describe the trading as simulated: “Real rewards on simulated capital.”
Its Terms name the operator as Memento Enterprises Limited, a company registered in Malta under number C 109385, at 55 Triq Ir-Ruzell, Attard, ATD 1500, Malta. The firm says it is not a broker and does not accept deposits. Its learning articles add that it is not regulated by MFSA or any other financial authority.
The site also runs two trading competitions, FundedFast Open and FundedFast Masters, which we cover below. This review uses only FundedFast's own pages. Several of those pages disagree on details such as leverage and scaling; we point these out and say which page we followed.
Everything in this review comes from FundedFast's own web pages, saved on 10 October 2026. Rules and prices change, so check the firm's site before you buy.
| Highest profit split | Up to 80% source Firm's wording: “The default profit split is 80/20 (80% to the trader, 20% to FundedFast).” |
|---|---|
| Cheapest account | $49 (list price) source |
| Account types | 1-Step evaluation, 2-Step evaluation source |
| Markets | Forex, Stocks, Crypto, Indices, Commodities, Metals source |
| Platforms | Match-Trader source |
| Allowed / offered on at least one account type | Rules can differ between account types — check the linked page for the account you want. |
| Not allowed, or rules that apply (firm says so) | |
| US traders | Accepted (check any conditions on the linked page) source |
FundedFast sells two challenge types. The 1-Phase challenge has a single evaluation stage with a profit target of 10% of the starting balance. The 2-Phase challenge has two consecutive stages: 8% of the starting balance in Phase 1, then 5% in Phase 2. The FAQ describes the 1-Phase as the faster path to funding, with a higher entry fee.
Account sizes. The FAQ lists funded account sizes of $3K, $5K, $10K, $15K, $50K, $100K, $200K and $400K. The Terms say sizes run from $3,000 to $400,000 on the One-Phase challenge and from $5,000 to $400,000 on the Two-Phase challenge.
Entry fees. The FAQ says 2-Phase challenges start at $49 and 1-Phase challenges start at $99. The Terms say the fee scales with the account size and is a one-time, non-recurring payment, with no subscription charges, recurring billing or auto-renewals. The challenges page shows $49 for a $5K account, $299 for $50K and $1,799 for $400K, without saying which challenge type each price belongs to. The site says challenges are priced in EUR or USD.
While we saved the pages, the site carried a time-limited flash sale banner. We could not tell whether the prices shown were before or after that discount, so check the final price at checkout.
Refunds. The Terms say the entry fee is refunded in full with the first payout after passing the evaluation. It is not refunded if the challenge is failed or the account is voluntarily withdrawn. The how-it-works page says the firm offers a discount on the next challenge if you fail. The Terms also mention a 14-day cooling-off period from the date of purchase; our copy does not show the conditions attached to it.
The table follows the Terms, checked against the FAQ and the challenges page. Loss limits are percentages of the starting balance.
| Rule | 1-Phase | 2-Phase |
|---|---|---|
| Profit target | 10% | 8% (Phase 1), then 5% (Phase 2) |
| Daily loss limit | 5% of starting balance | 5% of starting balance |
| Maximum loss | 10% of starting balance (static) | 10% of starting balance (static) |
| Minimum trading days | 3 per phase | 3 per phase |
| Time limit | None | None |
| Forex leverage in the challenge (majors and minors) | Up to 1:50 | Up to 1:100 |
| Crypto leverage | Up to 1:20 | Up to 1:20 |
Daily loss. The daily limit resets at 21:00 UTC. Both realised and unrealised losses count toward it.
Maximum loss. The Terms call it an absolute threshold measured from the initial account balance: if equity drops to 90% of the starting balance at any point, the account is breached. A FundedFast article on prop firm rules also says it uses the static model. The FAQ says funded accounts have the same 5% daily and 10% total limits as the challenge. The how-it-works page says you can raise the maximum drawdown from 10% to 20% at checkout on larger challenges; it does not say which sizes.
Minimum trading days. The Terms require at least 3 trading days per phase, with at least one executed trade per day, and the FAQ also says 3 days. Payouts have their own 5-trading-day rule (see Payouts and Scaling).
Time limits and inactivity. The FAQ says both challenges have no time limit on any step, but Phase Two must be activated within 30 days of receiving the login details. The Terms say FundedFast may terminate an account that shows no trading activity for 90 consecutive days.
Consistency. The Terms say no single trading day may account for more than 50% of your total profits. The FAQ words it differently: if your best single day exceeds 50% of the profit target, the target is automatically raised.
Leverage. The homepage, challenges page and how-it-works page show forex leverage of 1:50 without naming a programme. The Terms give up to 1:50 on One-Phase challenges and up to 1:100 on Two-Phase challenges and funded accounts. The table follows the Terms.
Stop losses. Stop-loss is optional during Phase 1 and Phase 2 and is enforced once you are on a funded account.
The FAQ says you can hold positions overnight and over weekends, and there is no forced Friday close.
Profit split. The Terms set a default profit split of 80/20, with 80% to the trader. Traders can upgrade to a 90% share by selecting the profit share add-on at checkout. The add-on is available on $50,000+ One-Phase and $100,000+ Two-Phase challenges, and the FAQ says it gives 90% from day one. The FAQ says there is no cap on how much profit you can earn. The challenges page says there is no profit target once you are funded.
Withdrawals. The Terms say withdrawals may be requested every 7 days, with at least 5 trading days between requests. The FAQ says you can request a withdrawal every 7 days after a minimum of 5 trading days. The Terms say all withdrawal requests are processed within 5 business days. The FAQ and how-it-works page say most payouts are processed within 24–48 hours, with a maximum of 5 business days.
Methods and fees. The Terms list PayPal, bank transfer and cryptocurrency. The FAQ adds any other local payment method available in your country. The FAQ says there are no withdrawal fees. It also says trader payout funds are held in segregated accounts, separate from operational funds.
Scaling. The Terms describe a five-level scaling structure for funded accounts that meet performance requirements. Each level cleared increases the account balance by 25%. Scaling is available on Two-Phase challenges only; One-Phase challenges are not eligible. The Terms say scaling is discretionary and subject to review by the firm's risk management team. The how-it-works page says accounts can scale up to 2.44×.
The how-it-works page lists the steps: a 10% profit target over at least 5 trading days; then 15% over at least 10 trading days for another 25% increase; 20% over at least 15 trading days for another 25% increase; and 25% over at least 20 trading days for one final 25% increase.
Other pages differ: the FAQ says a funded account can scale up to 2.5x every 3 months of consistent profitability, and that you can scale all the way to $400K. The About page says you can start with up to $400K and scale to nearly $1M. We follow the Terms and the how-it-works page.
Trading is on MatchTrader, with built-in TradingView charts. The FAQ says MatchTrader is available on web, desktop and mobile. It also says the simulated environment is powered by Match-Trade Technologies.
The Terms list forex (40+ major, minor and exotic pairs), US and international stocks, major crypto pairs including BTC and ETH, global stock indices, metals (gold, silver and other precious metals) and energy (oil, natural gas and related commodities). The FAQ names NAS100, S&P 500 and DAX among the indices.
FundedFast Open is free to enter, runs every two weeks and needs no purchase. The homepage describes a free bi-weekly Open competition with two-week rounds on a $100K virtual MatchTrader account.
FundedFast Masters runs monthly and has a $49 entry fee that the competition terms call non-refundable under all circumstances. The competition terms say Masters is free to enter for traders who have bought any FundedFast challenge, and the promotions page says this applies if you bought a challenge 30 days or less before. The homepage says Masters has prizes up to $500 cash, and describes four-week rounds in which the top 3 traders by equity take $500, $300 and $200. Next to the $49 fee, the promotions page states a maximum of 2 wins per quarter.
The competition terms say the competition runs in a simulated (demo) environment and uses virtual funds only. Breaching the 10% daily drawdown or 15% maximum drawdown means immediate disqualification. At least 3 trading days are needed to claim a prize. Any manual trading strategy is permitted if it complies with the competition terms.
The two pages differ on prize payment: the promotions page says cash prizes are paid via PayPal or bank transfer within 14 days of winner confirmation and identity verification, while the competition terms say the default method is cryptocurrency, with PayPal and bank transfer at the company's discretion.
The Terms say FundedFast is the trading name of Memento Enterprises Limited, a company registered in Malta under company registration number C 109385, with its registered address at 55 Triq Ir-Ruzell, Attard, ATD 1500, Malta. The About page says FundedFast was founded in 2024.
The Terms say the firm does not accept deposits, hold client funds for trading purposes or facilitate the trading of real financial instruments. Its learning articles state that FundedFast is not a broker and is not regulated by MFSA or any other financial authority. The FAQ says that while the trading environment is simulated, the payouts are real.
Countries. The FAQ says FundedFast is available worldwide, including to US citizens and residents, and restricts services in 40 jurisdictions for regulatory reasons. The prop firm page says the restricted jurisdictions cannot take part in challenges, competitions or funded accounts. The competition terms list these jurisdictions as not eligible to participate: Afghanistan, Albania, Barbados, Belarus, Burkina Faso, Cabo Verde, Congo (Democratic Republic), Congo (Republic), Côte d'Ivoire, Cuba, Eritrea, Ethiopia, Haiti, Iran, Iraq, Jamaica, Jordan, Kyrgyzstan, Lebanon, Liberia, Libya, Mongolia, Mozambique, Myanmar (Burma), Nicaragua, North Korea, Pakistan, Palestine, Panama, Russia, Senegal, Seychelles, Sierra Leone, Somalia, South Sudan, Sudan, Syria, Tajikistan, Turkmenistan, Yemen, plus any other jurisdiction where participation would violate applicable laws. Our copy of the main Terms does not show their own list in full.
Based on its stated rules, FundedFast fits manual traders who want no time limit, overnight and weekend holding, and a static loss limit measured from the starting balance. It does not suit traders who use EAs, bots, copy trading, grid or martingale methods, or who open trades around major scheduled news. Traders who want a 90% split need a $50K+ 1-Phase or $100K+ 2-Phase account and the checkout add-on, and the Terms make scaling available on the 2-Phase challenge only.
MyPropGenius Rating:
The rating measures how openly FundedFast discloses its rules, pricing, payouts and ownership (our Transparency Index methodology). It does not measure how likely you are to pass or be paid.
Check the current rules and prices on the firm's own website before you buy.
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FundedFast publishes its core challenge rules clearly: a 10% target, or 8% then 5%, a static 5% daily and 10% maximum loss, no time limit, and a one-time fee refunded with the first payout. The default split is 80%, EAs and several strategies are banned, and stop losses are required once funded. Its pages disagree on leverage and scaling, so read the Terms before you buy.
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Find My MatchNo. The Terms say there is no time limit to complete any challenge. The FAQ says Phase Two must be activated within 30 days of receiving the login details.
80% by default. A 90% split is available through a checkout add-on on $50,000+ One-Phase and $100,000+ Two-Phase challenges.
No. The Terms prohibit EAs, trading bots and any automated strategy execution; all trades must be manually initiated.
Yes, in full with the first payout after passing. It is not refunded if you fail the challenge or voluntarily withdraw the account.
The FAQ says FundedFast is available worldwide, including to US citizens and residents, and restricts services in 40 jurisdictions.
The Terms say every 7 days, with at least 5 trading days between requests, and all requests are processed within 5 business days.