AE
3 Years 
Max. allocation$200K
Forex and CFD
Nordic Funder
Traded on cTrader, DXtrade and Match Trader.
Markets
Platforms
-
cTrader -
DXtrade -
Match Trader
- Max. allocation
- $500K
Rules at a Glance
Nordic Funder rules in full
One-stage: 10% target, 6% trailing DD, 5% daily. Two-stage: 10%/5%, 8% static, 4% daily. Three-stage: 5%/5%/5%, 5% static, 5% daily.
Scaling rules
Nordic Funder review
Nordic Funder is a prop firm that presents itself as a Scandinavian funded trader programme, with assessments provided by the Prop Account group of companies. It sells nine tracks across four asset classes, each for a one time, non refundable fee. The FX and CFD range has three staged tracks from $5,000 to $500,000: One Step with a 10% target and a 6% trailing drawdown, Two Step with targets of 10% and 5% and an 8% static drawdown, and Three Step with three 5% phases and a 5% static drawdown. Their daily limits of 4% or 5% are measured on the end of day balance. Two Lite tracks, a crypto program, an equities program and Instant Funding Lite run from $2,500 to $100,000 with tighter static drawdowns, intraday trailing daily limits and consistency rules. Fees start at $25 for a $2,500 Lite account and reach $4,887.50 for a $500,000 One Step. The standard split is 80%, or 90% with a paid add on, the first withdrawal has no waiting period and later payouts run every 14 days. There is no time limit, but accounts close after 30 days of inactivity on staged FX tracks and 14 days on the others. Trading runs on DXtrade, Match Trader, cTrader and GooeyPro, with raw spreads and a $7 round turn commission on forex and metals.
Suits
Cost conscious forex traders who want a static drawdown, no time limit and the option to start from a $25 account.
Less suited to
Avoid Nordic Funder if you need finalised terms, a strong Trustpilot record or loose daily limits on the smaller Lite accounts.
Pros
- Fees start at $25 for a $2,500 One Step Lite account, with no recurring charges.
- The staged FX tracks run up to $500,000 with no consistency rule and no minimum trading days.
- Two Step and Three Step use static drawdowns of 8% and 5% measured from the opening balance.
- Own expert advisors and algorithms are allowed on every account without approval.
- The first withdrawal has no waiting period, and later payouts run every 14 days.
Cons
- Trustpilot shows a rating of 3.2 from 56 reviews, lower than the 4.3 quoted on the website.
- The terms page states that its full clauses are still awaiting legal sign off.
- Lite, crypto, equities and instant accounts use daily limits that trail intraday equity, as low as 1%.
- A breach forfeits any profit that has not yet been withdrawn.
- Checkout add on prices, such as the 90% split, differ from those shown on the website.
Verdict
Nordic Funder's strength is choice. Its nine tracks cover very different rule sets, so traders can pick a trailing one step, a static two step with an 8% floor, three gentle 5% phases, or cheaper Lite tracks from $25. The staged FX tracks have no consistency rule and no minimum trading days, own expert advisors are allowed on every account, and the first withdrawal can be requested without a waiting period. The trade offs are in the detail. Lite, crypto, equities and instant accounts use daily limits that trail intraday equity, as tight as 1% on Instant Funding Lite and 1.5% on equities, alongside consistency rules of 20% to 50% at the funded stage. A breach forfeits any profit not yet withdrawn. Add on prices at checkout do not always match the website: the 90% split costs 15% more according to the site but 20% more at checkout on several tracks, and the checkout also lists a One Stage PRO product that the website does not describe. The terms page states that its full operative clauses are awaiting legal sign off and links to a separate Prop Account group client terms document, and the website names two different companies as the assessment provider. That client terms document prohibits opening trades within three minutes of news and caps allocation at $1,000,000 per person. Trustpilot shows a rating of 3.2 from 56 reviews, below the 4.3 figure quoted on the website. The firm suits cost conscious forex traders who want a static drawdown and are prepared to read the full terms before buying.
Payouts
- First payout:
- can be requested anytime after funded
- Then:
- once every 30 days
Leverage and Commissions
| Market | Leverage | Commission |
|---|---|---|
| FX | 20:1 | Per Lot ($7) |
| Metals | 20:1 | Per Lot ($7) |
| Indices | 10:1 | 0 commission per lot ($0) |
| Energy | 5:1 | 0 commission per lot ($0) |
| Crypto | 2:1 | 0 commission per lot ($0) |
Leverage is the same on 1 Step, 2 Step and 3 Step accounts.
Firm Details
- Trustpilot
- 3.2 out of 5
- Platforms
- cTrader, DXtrade, Match Trader
- Markets
- FX, Metals, Indices, Energy, Crypto
- Payment methods
- Credit/Debit Cards, Crypto, and PayPal
- Payout methods
- Rise, Crypto withdrawals, PayPal/e-wallet payouts, Bank transfers
Questions about Nordic Funder
Is Nordic Funder legit?
Nordic Funder describes itself as a Scandinavian funded trader programme. Its assessments are provided by the Prop Account group of companies, although the website names Forest Park FX LTD in some disclosures and Prop Account, LLC in others. The terms page says its full clauses await legal sign off. Trustpilot shows a rating of 3.2 from 56 reviews.
How much does a Nordic Funder challenge cost?
A $100,000 account costs $850 on One Step, $525 on Two Step, $367.50 on Three Step, $750 on One Step Lite, $600 on Two Step Lite and $1,000 on Instant Funding Lite. The smallest account is $2,500 for $25, and the largest is $500,000 for $4,887.50 on One Step. Fees are one time and non refundable.
What are the Nordic Funder FX rules?
One Step needs a 10% profit with a 6% trailing drawdown and a 5% daily limit. Two Step needs 10% and then 5% with an 8% static drawdown and a 4% daily limit. Three Step needs three 5% phases with a 5% static drawdown and a 5% daily limit. Daily limits on these tracks use the end of day balance, and there is no time limit.
How do Nordic Funder payouts work?
The standard profit split is 80%, or 90% with the profit share add on. The first withdrawal can be requested as soon as a trader qualifies, with no waiting period, and later payouts follow a rolling 14 day cycle. Lite, crypto and equities tracks need three profitable days of at least 1%, and a breach forfeits unwithdrawn profit.
Does Nordic Funder allow EAs and weekend holding?
Yes. Traders can run their own expert advisors and algorithms on every account without approval, and can copy their own strategy between their own accounts. Weekend holding is sold as an add on, although only crypto trades at weekends. Latency arbitrage, trading on stale prices and coordinated trading across accounts held by different people are prohibited.
Is there a time limit on Nordic Funder challenges?
No. There is no deadline to reach the profit target on any track. Accounts are closed after 30 days without trading on the staged FX tracks and after 14 days on the crypto, equities and instant funding tracks, so traders need to place trades regularly even while waiting for the right setups.
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