FundedSquad Review 2026: Rules, Fees & Payouts

Static balanceforexcfdcryptoRules auto-checked 2026-10-18Mixed trust signals

We may earn a commission if you buy through links on this page. It never changes how we list rules, prices or order — see how we rank. Prop firm trading is high risk; most traders never get funded.

FundedSquad is a forex & CFD prop firm based in the United Arab Emirates, using static balance drawdown on its main program. Evaluations start at $69 one-time; the 100K 2 Step Fast costs $649 with a $6,000 target and $8,000 max drawdown. Profit split: 80% default on 1 Step / 1 Step Pro / 2 Step /. Payouts: 1 Step and 2 Step: every 14 days. The evaluation has no consistency rule. Funded payouts have no consistency rule. There is no activation fee on the 100K 2 Step Fast. Rules auto-checked 2026-10-18.

From: $69
Profit split: 80% default on 1 Step / 1
Payouts: 1 Step and 2 Step: every
Products: 7 · 44 sizes

United Arab EmiratesPlatforms

FundedSquad verdict: pros, cons and who it suits

Our take in one line: FundedSquad offers a static drawdown (on some plans) and no evaluation consistency rule; the catch is an intraday trailing drawdown (on some plans).

Pros

Static drawdown (on some plans): the loss floor never moves up
No consistency rule in the evaluation
No consistency rule on funded payouts
Part of the evaluation fee is refunded
No activation fee after you pass
No evaluation time limit

Cons

Intraday trailing drawdown (on some plans): the floor follows unrealised peaks
Hard daily loss limit: one bad day fails the account
Minimum trade duration of 120 seconds
No trading 4 min around high-impact news on funded accounts

Best for

Traders with uneven daily results (no consistency rule)
Patient traders who do not want a deadline

Avoid if

You sometimes have one big red day
You scalp trades shorter than 120 seconds
You trade high-impact news releases

Every point is worked out from one rule field in our data (see the rules below); empty fields are left out, not guessed. Where a plan differs, the point says “on some plans”. Check “What we could not fully verify” further down before you buy. Not financial advice.

Regulation: No financial-regulator licence found. Evaluation fees are not covered by investor compensation. Funded accounts are simulated per the firm’s terms.

Products & account sizes

Instant Lite

from $69 · 7 sizes

Trailing intraday

FundedSquad Instant Lite account sizes: evaluation price, profit target, max drawdown, daily loss limit and max contracts (rules auto-checked 2026-10-18)
Plan	Price	Profit target	Max drawdown	Daily loss	Contracts
2.5K Instant Lite	$69	—	$150	$75	—
5K Instant Lite	$119	—	$300	$150	—
10K Instant Lite	$219	—	$600	$300	—
25K Instant Lite	$479	—	$1,500	$750	—
50K Instant Lite	$779	—	$3,000	$1,500	—
100K Instant Lite	$1,299	—	$6,000	$3,000	—
200K Instant Lite	$2,399	—	$12,000	$6,000	—

Instant Flex

from $69 · 7 sizes

Static balance

FundedSquad Instant Flex account sizes: evaluation price, profit target, max drawdown, daily loss limit and max contracts (rules auto-checked 2026-10-18)
Plan	Price	Profit target	Max drawdown	Daily loss	Contracts
2.5K Instant Flex	$69	—	$125	$75	—
5K Instant Flex	$119	—	$250	$150	—
10K Instant Flex	$219	—	$500	$300	—
25K Instant Flex	$479	—	$1,250	$750	—
50K Instant Flex	$779	—	$2,500	$1,500	—
100K Instant Flex	$1,299	—	$5,000	$3,000	—
200K Instant Flex	$2,399	—	$10,000	$6,000	—

2 Step Fast

from $79 · 6 sizes

Static balance

FundedSquad 2 Step Fast account sizes: evaluation price, profit target, max drawdown, daily loss limit and max contracts (rules auto-checked 2026-10-18)
Plan	Price	Profit target	Max drawdown	Daily loss	Contracts
5K 2 Step Fast	$79	$300	$400	$200	—
10K 2 Step Fast	$129	$600	$800	$400	—
25K 2 Step Fast	$279	$1,500	$2,000	$1,000	—
50K 2 Step Fast	$399	$3,000	$4,000	$2,000	—
100K 2 Step Fast	$649	$6,000	$8,000	$4,000	—
200K 2 Step Fast	$1,199	$12,000	$16,000	$8,000	—

2 Step Squad

from $79 · 6 sizes

Static balance

FundedSquad 2 Step Squad account sizes: evaluation price, profit target, max drawdown, daily loss limit and max contracts (rules auto-checked 2026-10-18)
Plan	Price	Profit target	Max drawdown	Daily loss	Contracts
5K 2 Step Squad	$79	$400	$600	$250	—
10K 2 Step Squad	$129	$800	$1,200	$500	—
25K 2 Step Squad	$279	$2,000	$3,000	$1,250	—
50K 2 Step Squad	$399	$4,000	$6,000	$2,500	—
100K 2 Step Squad	$649	$8,000	$12,000	$5,000	—
200K 2 Step Squad	$1,199	$16,000	$24,000	$10,000	—

1 Step

from $89 · 6 sizes

Static balance

FundedSquad 1 Step account sizes: evaluation price, profit target, max drawdown, daily loss limit and max contracts (rules auto-checked 2026-10-18)
Plan	Price	Profit target	Max drawdown	Daily loss	Contracts
5K 1 Step	$89	$400	$350	$150	—
10K 1 Step	$139	$800	$700	$300	—
25K 1 Step	$289	$2,000	$1,750	$750	—
50K 1 Step	$469	$4,000	$3,500	$1,500	—
100K 1 Step	$729	$8,000	$7,000	$3,000	—
200K 1 Step	$1,299	$16,000	$14,000	$6,000	—

Instant Pro

from $109 · 6 sizes

Static balance

FundedSquad Instant Pro account sizes: evaluation price, profit target, max drawdown, daily loss limit and max contracts (rules auto-checked 2026-10-18)
Plan	Price	Profit target	Max drawdown	Daily loss	Contracts
2.5K Instant Pro	$109	—	$150	$75	—
5K Instant Pro	$229	—	$300	$150	—
10K Instant Pro	$369	—	$600	$300	—
25K Instant Pro	$749	—	$1,500	$750	—
50K Instant Pro	$1,299	—	$3,000	$1,500	—
100K Instant Pro	$2,399	—	$6,000	$3,000	—

1 Step Pro

from $129 · 6 sizes

Static balance

FundedSquad 1 Step Pro account sizes: evaluation price, profit target, max drawdown, daily loss limit and max contracts (rules auto-checked 2026-10-18)
Plan	Price	Profit target	Max drawdown	Daily loss	Contracts
5K 1 Step Pro	$129	$500	$500	$150	—
10K 1 Step Pro	$209	$1,000	$1,000	$300	—
25K 1 Step Pro	$449	$2,500	$2,500	$750	—
50K 1 Step Pro	$749	$5,000	$5,000	$1,500	—
100K 1 Step Pro	$1,149	$10,000	$10,000	$3,000	—
200K 1 Step Pro	$2,099	$20,000	$20,000	$6,000	—

Minimum cost if you pass first time · 100K 2 Step Fast

What you pay up to your first payout when you pass on the first try with no resets. Monthly fees are counted for the number of months you choose.

Evaluation fee · one-time, list price: $649
Activation fee · none: $0
Data feed · not a futures account: n/a
Minimum total: $649

If you pass on the first try: $649

Each extra try counted as a new evaluation at $649 (reset fee unverified).

Most traders need more than one try. Firm-reported figures: The Funded Trader said 5–10% of its challenges are passed (Finance Magnates), and FPFX Tech data showed that about 7% of traders reached a payout (Finance Magnates, September 2024). At a 10% pass rate you need 10 tries per pass on average (1 ÷ 10%). These are not figures for FundedSquad.

Payout buffer: Not found.

Numbers worked out from the rules (100K 2 Step Fast)

Evaluation price per $1,000 of account size: $6.5
Total profit target : max drawdown: 1.5 : 1
Rule strictness (estimate): Moderate — total target 1.5× the drawdown, hard daily loss limit, 2 phases

Calculated from the published numbers above, never typed in by hand. How.

Rules in the cards above are product-specific where shown; the rules below are the firm’s defaults.

Rules that decide pass or fail

The rules that end most FundedSquad evaluations and funded accounts. Main program unless noted.

Max drawdown: Static balance
Drawdown lock: Not applicable (static drawdown)
Daily loss limit: Hard: breaching it fails the account; resets 00:00 UTC (2.5K: $75 · 5K: $200 / $250 / $150 · 10K: $400 / $500 / $300 · 25K: $1,000 / $1,250 / $750 · 50K: $2,000 / $2,500 / $1,500 · 100K: $4,000 / $5,000 / $3,000 · 200K: $8,000 / $10,000 / $6,000) — 3% (1 Step, 1 Step Pro, Instant), 4% (2 Step Fast), 5% (2 Step Squad) of day-start balance; breach closes the account. Instant Flex uses the higher of balance or equity at 00:00 UTC as the reference.
Consistency (evaluation): None
News trading: Evaluation: no restriction · Funded: no trading 4 min before/after high-impact news — Challenge Phases 1 and 2: news trading fully allowed. Challenge funded: no new trades 4 min before to 4 min after news (holding allowed, violation = payout rejection). Instant Lite/Pro: 5 min before/after window; Instant Flex: not allowed by default (5 min), News Trading add-on available. 1 Step Pro news rules not stated in its article.
Minimum trade duration: 120 seconds
Min. trading days: 3 / 4 / 5
Time limit: No time limit
Commissions: Forex and metals $7 per lot; commodities, indices and crypto no commission
Platforms: MT5, Match-Trader, cTrader

Rules after you pass

What changes on the funded account: payouts, caps and scaling.

Funded account: Simulated (demo funds), per the firm’s terms
Funded drawdown: No separate funded rule on file
Consistency (payouts): None
Starting contracts: Unverified
Scaling plan: A Scaling Plan collection exists in the help center but was not read; not captured.
First payout: Unverified — Request on weekdays only; processing 24-72 business hours; approved payouts sent within 12 hours or a $1,000 bonus applies (Payout Delay policy). KYC when prompted. 1 Step Pro funded: daily payouts capped at 2% of initial balance per day; Instant Flex: max 4% per payout.
Profit split: 80% default on 1 Step / 1 Step Pro / 2 Step / Instant Lite (100% with paid add-on); Instant Pro 70%; Instant Flex 70% (90% with add-on)
Payout frequency: 1 Step and 2 Step: every 14 days (weekly or on-demand via add-on); 1 Step Pro: daily; Instant Lite and Flex: on demand; Instant Pro: every 5 days
Payout cap: 1 Step Pro: daily payout cap 2% of initial balance (excess removed). Instant Flex: maximum 4% per payout. Other models: no cap found.
Max payouts: Unverified
Payout buffer: Not found.
Move to live: Terms state all accounts are demo accounts in a simulated trading environment; Section 5.1 mentions a 'live account' (conflicting).
Funded monthly fee: Unverified

Trust signals

Mixed trust signals

Trustpilot: Rating hidden by Trustpilot (399 reviews listed)
Track record: Domain registered 2024 (2 years; says little about the firm itself)
Transparency: company named (Dubai, United Arab Emirates (licence 46706)), terms not dated, no payout proof found
Reported events (18 months): 2 reported by third parties (not verified by us), see details
Named leadership: No founders or executives named on the firm’s own site or terms

Reported events, with sources

2026-10: Trustpilot rating shown as unavailable because of a guidelines breach; the page says fake reviews were removed. 399 reviews, 62% 1-star; recurring complaints of rejected payouts (copy trading, 70% margin rule, martingale, floating-loss limit) and unclear breach rules. Reviewer claims, not verified by Trustpilot. source (third-party report)
2026-08: Rule changeRefund for Instant Pro and Instant Lite accounts discontinued for purchases on or after 31 Aug 2026 12:00 PM UK time; Instant accounts' first floating-loss breach now terminates the account on new purchases. source (primary source)

These are public signals about FundedSquad, not a verdict and not financial advice. Third-party reports are not verified by us; only a primary-sourced payout, closure or regulator event in the last 12 months affects the label. Signals are never combined into one score and an affiliate link does not change them. See how we assess them.

More rules and fees

Challenge rules

Challenge steps: Instant Lite: Instant funding · Instant Flex: Instant funding · 2 Step Fast: 2-step · 2 Step Squad: 2-step · 1 Step: 1-step · Instant Pro: Instant funding · 1 Step Pro: 1-step
Stop-loss required: No
Inactivity rule: Account may close after 21 days without a trade
Max risk per trade: Unverified
Rule notes: Hedging strictly prohibited (same account, own accounts, other traders, or vs other firms); martingale/grid recovery banned; max 2 open positions per asset (3+ is layering); max 70% margin use; latency/stale-price/arbitrage exploits banned. Copying allowed only between own FundedSquad accounts. Trades must be held at least 2 minutes (add-on removes this for accounts up to $10K, not Instant Flex). Funded floating-loss rule: combined open loss reaching 1.5% of initial balance (1% on Instant Flex) is a violation - first cuts profit split to 40% (30% Flex), second closes the account (Instant Lite/Pro: first breach terminates on accounts bought from 31 Aug 2026). A trading day counts only with >=0.5% profit on initial balance. Max lot sizes per account size apply. No free retry on Instant Flex.

What you may trade and how

News trading: Unverified
Weekend holding: Unverified
Overnight holding: Unverified — Overnight holding not addressed; weekend holding is allowed by default on 1 Step, 1 Step Pro Phase 1 and 2 Step (evaluation and funded) but requires a paid Weekend Holding add-on on 1 Step Pro funded and on Instant accounts. Opening new positions on weekends is disabled on all models.
Automation / EAs: Restricted — EAs allowed if they follow all rules; HFT, gold-arbitrage EAs, off-the-shelf EAs/strategies designed to pass prop evaluations and VPN/VPS use are prohibited; FundedSquad may ask for proof of EA ownership/source code.
Accounts you may hold: Unverified — Maximum funding $400K in Instant accounts plus $400K in Challenge funded accounts = $800K combined; no account count stated.
Hedging: Not allowed
Copy trading: Restricted
Scalping: Restricted
Martingale: Not allowed

Fees

Activation fee: None
Reset fee: Varies / unverified
Fee refund: Partly — Refund Policy: no refunds after credentials are emailed, except fee refund at a payout stage: after 2nd approved payout (evaluation 1 Step / 2 Step), 3rd (Instant), 4th (1 Step Pro). Not available for Instant Pro/Lite bought from 31 Aug 2026 or for Instant Flex. Homepage says '100% refundable fee'. Terms 7.4: all purchases non-refundable.

Payouts

Payout size: min $100
Payout methods: Crypto, Rise

Company & access

Markets: forex, cfd, crypto
Headquarters: United Arab Emirates — Site owned and operated by Devionics Technology FZCO (Dubai Silicon Oasis, Dubai, licence 46706); affiliated FundedSquad Ltd (Saint Lucia, no. 2026-00549, office in Colombo, Sri Lanka). Domain registered 2024-01-05; no founding year stated. Homepage claims 70,000+ traders and $3.5M+ total rewards (self-reported).
Founded: Unverified
Leverage: 1 Step/2 Step: FX 1:100, metals/indices/commodities 1:20, crypto 1:2; 1 Step Pro: FX 1:30, metals/indices 1:10, commodities 1:20, crypto 1:10; Instant Lite: FX 1:50, indices/oil/commodities 1:10, crypto 1:2; Instant Pro: FX 1:20, gold/indices/metals 1:10, crypto 1:2; Instant Flex: FX 1:50, gold/indices 1:10, crypto 1:2 (1:20 in one table)
Not open to residents of: Iran, Libya, Myanmar, North Korea, Somalia, South Sudan, Sudan, Syria, United States, Yemen

What we could not fully verify (10)

Prices come from the price table embedded in the homepage source (identical on MT5, Match-Trader and cTrader). The visible widget on the page only shows an example for a $20K account. Dollar amounts for targets, drawdown and daily loss are calculated from the stated percentages x account size; the pages state percentages (and examples) only.
Rules per model were read from help-center articles; the homepage and the help center differ: homepage says 'Up To 100%' split, 'No Consistency Rules' and '100% Refundable Fee', while the help center says 80% default (100% only with a paid add-on) and refunds only after set payouts (2nd payout evaluation, 3rd instant, 4th for 1 Step Pro). Help-center values were used.
Instant Lite and Instant Pro refunds were discontinued for accounts bought on or after 31 Aug 2026 12:00 PM UK; Instant Flex has no refund. Older rule versions (40% split after first floating-loss breach on Instant) apply to earlier purchases.
Instant Lite tier drawdownType is set to trailing_intraday: the help center says 6% trailing equity-based that locks at the initial balance; intraday vs end-of-day mechanics are not stated.
1 Step Pro Phase-1 drawdown is 10% static (funded 6% static); the tier stores the Phase-1 value. Instant Pro tiers are 2.5K-100K; the homepage example was a $25K account.
The price table also contains 1 Step Flex, 2 Step Flex and (per help center) Instant Rapid products; no rules were read for them, so they are not included.
Daily loss reference (start-of-day balance vs initial balance, balance vs equity) is worded inconsistently in the articles.
Funded stage is described as simulated/demo in the Terms (Important Information) but Section 5.1 mentions allocation of a 'live account'; treated as simulated.
Terms of Service has no explicit date (page metadata shows modified 2024-09-23).
Trustpilot shows a mostly 1-star profile with payout-rejection complaints (see trust file).

Is FundedSquad legit?

Its terms name Devionics Technology FZCO (affiliate: FundedSquad Ltd, Saint Lucia no. 2026-00549) (Dubai, United Arab Emirates (licence 46706)) as the operating company. No financial-regulator licence found. Evaluation fees are not covered by investor compensation. Funded accounts are simulated per the firm’s terms. We list 2 reported events with sources in the trust signals above. Our label from these public signals: mixed trust signals. It is a summary of checkable facts, not a guarantee.

FundedSquad consistency rule

The evaluation has no consistency rule. Funded payouts have no consistency rule. Details: Homepage states 'No Consistency Rules'; no consistency rule appears in the help-center model articles read. Funded floating-risk rule (1.5% of initial balance) is separate.