SuperFunded Review 2023

Jeremy Biberdorf
By: Jeremy Biberdorf
Oct 02, 2023
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4.7 rating based on 5 ratings

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In a Nutshell: In the vast ocean of proprietary trading firms, SuperFunded emerges as a distinctive wave, catering primarily to retail traders aspiring to achieve their financial objectives.

With an innovative model that allows traders to learn and practice their forex trading style without the worry of hefty deposits, they’re setting a precedent in the prop firm industry.

ASIC-regulated and embracing cutting-edge trading technology, SuperFunded offers a secure environment that bridges the gap between amateur traders and the financial market.

Service TypeFees
Funded Proprietary TradingFrom $99 to $949 depending on evaluation level
Pros & Cons
  • Straightforward trading rules tailored to different trading styles.
  • Realistic trading objectives with flexible profit target requirements.
  • An extensive range of evaluation accounts to choose from.
  • A one-step evaluation process, simplifying the journey from novice to professional.
  • Offers industry-leading spread and tight spreads.
  • Minimum trading day requirements might deter some traders.
  • Strict daily drawdown and maximum loss rules.
  • Lack of financial advice for newer traders.

Who is SuperFunded For?

With the landscape of proprietary trading firms broadening, SuperFunded designs its offerings to be an excellent choice for traders of varying expertise.

For novices taking their first steps into the financial market, Super’s evaluation plans allow them to simulate real trades, familiarizing themselves with trade activities without the threat of actual loss.

Meanwhile, seasoned traders can relish the realistic trading objectives, ensuring they maintain a consistent trading activity.

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Choose Your Challenge

SuperFunded enables traders to select their preferred evaluation from a range:

  • $99 for $15,000 Evaluation
  • $149 for $25,000 Evaluation
  • All the way up to $949 (on sale from $999) for $200,000 Evaluation

How Does SuperFunded Work?

Stepping into the world of proprietary trading firms can be daunting. SuperFunded simplifies this with a three-stage process:

  • Evaluation: Traders pick their desired tier and undertake the Super Funded evaluation. During this time period, they must abide by risk management protocols and hit the specified targets, irrespective of their chosen trading styles.
  • Funding: Successful candidates get access to simulated capital via the Super Funded dashboard, an evaluation passing certificate, and an array of other perks.
  • Trade: With a simulated balance at their disposal, traders can now delve deep into the financial market, ensuring they trade responsibly and consistently.

Features of SuperFunded

SuperFunded is not merely another prop firm. It’s a platform that’s revolutionizing the concept of Funded Proprietary Trading.

  • Low Latency and Real-Time Data: SuperFunded’s Dashboard, accessible on both desktop and mobile, ensures traders are always in the loop with real-time data.
  • Profit Splits: Once in the trading phase, traders can earn up to 90% of their profits, showcasing SuperFunded’s commitment to rewarding talent.
  • Trade World-Class Assets: Partnering with Eightcap, SuperFunded gives traders access to a plethora of assets, from Forex and Crypto to CFDs, Oil, Indices, and metals.
  • Fast & Secure Payouts: Minutes of payment is not a concern with SuperFunded. Their payout processing is both swift and secure, ensuring traders get their dues in a timely manner.

Super’s Commitment to Security

In a realm where security can often be compromised, SuperFunded’s partnership with an ASIC-regulated broker assures traders of a safe and secure trading environment. Moreover, their broker venture capital ensures that traders, especially retail traders, can delve into the financial market with confidence.

Customer Support and Trading Platforms

SuperFunded takes customer experience to the next level with an array of customer support options. Their collaboration with Eightcap provides traders with access to some of the industry’s best trading platforms, ensuring a personalized trading experience.

Trading Styles and Flexibility

One of the strengths that SuperFunded boasts is its willingness to adapt to a multitude of trading styles. Whether you’re a day trader keen on capitalizing on small market movements or a long-term trader plotting strategies based on macroeconomic fundamentals, SuperFunded doesn’t impose constraints on your approach.

Their evaluation phase, in particular, is a testament to this flexibility. Instead of forcing traders into a singular trading mold, the platform encourages exploring different trading strategies. The goal is straightforward: exhibit discipline, consistency, and, of course, profitability.

By not tying traders down to a specific forex trading style, SuperFunded truly embodies the essence of a modern prop firm.

Innovations and Cutting-Edge Trading Technology

In today’s fast-paced trading world, being equipped with the latest technology is no longer a luxury but a necessity.

SuperFunded recognizes this, which is why they have invested heavily in cutting-edge trading technology. From a user-friendly interface on their Super Funded Dashboard to the low-latency feature ensuring trades are executed in near real-time, technological innovation is at the heart of SuperFunded’s operations.

Furthermore, by offering real-time data, they ensure traders have the information they need, exactly when they need it. This commitment to technology and innovation ensures traders can focus on what they do best: trading.

Final Thoughts

While the world of proprietary trading firms is extensive, SuperFunded’s commitment to providing an inclusive and secure platform makes it stand out. Their straightforward trading rules combined with an emphasis on trader education and support justifies our rating of 4.7 out of 5.

For traders, from novices to professionals, who are eager to navigate the financial market with a reliable partner, SuperFunded is undoubtedly a platform worth considering.

Ready to embark on a trading journey with SuperFunded? Click here to get started and unlock a realm of opportunities!

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Frequently Asked Questions

Proprietary trading firms, or prop firms, are entities that trade stocks, currencies, commodities, and other assets using their own capital rather than client funds. Essentially, they hire traders to trade the firm’s capital, and in return, share profits with these traders.

Once a trader enters the trading phase with SuperFunded, they can earn up to 90% of their profits. This highly competitive split is an indicator of SuperFunded’s commitment to incentivizing and rewarding successful traders.

Specific details about the maximum trading period should be referenced from SuperFunded’s official documents or their customer support to get the most accurate information.

Traders have a diverse range of assets they can dabble in, including Forex, Crypto, CFDs, Oil, Indices, and metals, thanks to SuperFunded’s partnership with Eightcap.

Absolutely. SuperFunded’s evaluation plans allow beginners to simulate real trades, providing a practical, risk-free platform for learning and mastering different trading styles.

Yes, SuperFunded has minimum trading day requirements, which vary based on the evaluation plan. It’s essential to check the specific conditions for each plan.

Security is a top priority at SuperFunded. Their collaboration with an ASIC-regulated broker and other broker venture capital measures are geared towards ensuring traders operate in a safe and trustworthy trading environment.

SuperFunded, in partnership with Eightcap, offers access to some of the industry’s best trading platforms, ensuring a seamless and efficient trading experience.

The Super Funded Dashboard is a central hub for traders, allowing them to view challenges, virtual funded accounts, and statistics. It also offers features like low latency and real-time data, enhancing the trading experience.

Beginning your journey with SuperFunded is simple. Choose an evaluation plan that suits your needs, demonstrate your trading skills, and if successful, you’ll be on your way to getting SuperFunded and embarking on a profitable trading journey.

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.