About DirectFundedTrader
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More info DirectFundedTrader
Customer Reviews (224)
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4 months ago
Genoveva Batz
I finally received my first withdrawal, and I can confidently say this firm is legitimate! There were absolutely no issues at all; the funds arrived right on schedule, just as I anticipated.
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4 months ago
Burnice Reichel
I’m thrilled to share another successful payout experience! This time, I withdrew $4,500, and it arrived promptly, without any holdups. I couldn’t be more pleased!
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4 months ago
Giovanna Gleason
I just reached my payout milestone, and they bumped my profit split up to 90%! This firm truly recognizes and rewards consistency in trading.
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4 months ago
Billie Nienow
I received my first withdrawal today—$2,200! At first, I was a bit anxious, but it all went off without a hitch. So far, my experience has been excellent.
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4 months ago
Elta Hansen
I was definitely a bit anxious about receiving my first payout, but honestly, I didn’t need to be. I just got $1,980, and the entire process was surprisingly smooth and straightforward.
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4 months ago
Janet Tillman
I’m posting this review again because DFT seems to think it doesn’t reflect real experiences, and TP even deleted my previous submission. I have documented my entire personal account on video, proving my trading activity at this proprietary trading firm. Not only do they mislead traders, but they also manipulate reviews.
Let me share my story. I learned trading by purchasing around ten challenges from this firm. I successfully completed the last two, yet they were taken away from me under the claim that I violated their rules—rules that I didn’t actually break. I’ll elaborate on that point shortly.
Aside from their pricing, this company has very few advantages. Here are some notable drawbacks:
1. They frequently change brokers.
2. When your trading account is transferred to a new broker, the balance is often inaccurately restored. You might be getting used to a certain spread that changes during the transfer. In my most recent account transfer, the spread for EUR appeared as 2-3 pips, but the actual chart showed it as 8-13 pips. Previously, the spread was typically 2-4 pips for EUR and 20-25 pips for GBP.
3. The available instruments change constantly. For instance, if you’re trading GER40, it might just vanish from the list of options with the next broker switch, or the spread might be so unmanageable that the potential profit becomes negligible.
4. They don’t provide historical data on the charts at the broker. If you’re trading on higher time frames, you’ll only have access to around a month’s worth of data on the chart, which makes thorough analysis on MT5 impossible.Now, let’s discuss how they revoked my accounts. If you read other reviews, you’ll find similarities with other traders. I’m part of a community of 6,000 traders, and experiences with this prop firm are similar for many who purchased challenges. My account #460743 was blocked for supposedly violating the rules by not having a stop-loss in place. Since I trade HME, there’s no way I open a position without setting a stop first. Even if I didn’t set one, I began recording my trades to prove my compliance. Once your account is blocked, you lose access and can’t provide evidence to defend yourself.
As for my account #460845, I carefully reviewed the rules multiple times before trading. They have a rule against trading during news events, which also means you cannot hold positions—even if opened beforehand. When I inquired with support about trading GBP during EUR news, they directed me to the rule. Despite several attempts for clarification, I received no response. However, when I posed the same question on Discord, someone surprisingly confirmed that it was acceptable. I saved that screenshot just in case they tried to challenge my profits later on.
I thought I was following all the rules, but I was mistaken. As soon as I requested a withdrawal, my account was blocked for allegedly misusing the HME position manager. Their rules state that using various trading assistants is permitted. In fact, the rules say, “You can also use third-party advisors (source code is not required). All you need to do is check the advisor before using it on a real account.” I verified it, and it worked! Where did I actually violate the terms? Nowhere does it state I need to submit the advisor for internal verification.
Additionally, in the Payments section on Discord, the moderator shares payment certificates, but they only process 1-3 payments a month. That raises some concerns.
In conclusion, the saying holds true: “The stingy pay twice.” Self-critical but honest. You might skim through the phases without incident, but when it comes to actual payouts, you may find nothing materializes. Be cautious and learn from others’ experiences. Best of luck trading!
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4 months ago
Lorena Gutmann
I recently received a payout of $3,500 through RisePay. I have to say, the entire process went really smooth, with no annoying delays whatsoever. Everything was handled flawlessly, which definitely deserves a mention.
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4 months ago
Alison Frami
This company is definitely a scam and should be shut down. Their so-called 30-second stop loss rule is completely misleading. I decided to try trading without setting a stop loss, and within just a couple of seconds, I found myself out of the market. It’s clear they’re operating as 100% scammers.
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4 months ago
Reva Ullrich
I reached out to the helpdesk to clarify that I wouldn’t be trading the account until payday, not realizing that this would count as an activity breach. Unfortunately, I wasn’t informed of this potential issue during that conversation. After receiving my payment, they went ahead and triggered the breach, which led to my account being removed. While I did receive my payment, the overall experience wasn’t worth the hassle of trading with them again.
Recently, I received an email from them saying:
“We noticed your review on Trustpilot. It’s unfortunate you received payment even though you didn’t deserve it. REMOVE THE REVIEW IMMEDIATELY.”
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4 months ago
Quentin Koss
Payouts are straightforward with this firm. I recently requested a withdrawal of $1,900, and it was processed quicker than I anticipated. Overall, it was a fantastic experience.
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4 months ago
Quincy Fahey
Exercise caution with this questionable firm. It’s easy to be misled by flashy promotions and enticing claims, but many have found their experiences to be disappointing. Trust is crucial in trading, and it’s apparent that this company doesn’t uphold that principle. Ultimately, the lack of transparency and questionable practices have led numerous traders to label it a scam. It’s wise to thoroughly research and consider alternative options before committing your resources.
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4 months ago
Haven Schamberger
I had a really disappointing experience with this firm. They promised a funded account, but in the end, it never materialized. It felt like a complete scam. I wouldn’t recommend them to anyone looking for genuine trading opportunities.
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4 months ago
Kathlyn Glover
I just got my third payout today, and I was pleasantly surprised to see it processed in just a few hours. Honestly, I’ve never encountered any issues when it comes to withdrawals at this firm. It’s been a smooth experience all around.
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4 months ago
Seth Dicki
I can’t believe how questionable this firm is. They inexplicably closed my account despite my adherence to all the guidelines. I did everything by the book, yet they removed me without offering a proper explanation. My advice? Steer clear of this company! Avoid purchasing any challenges here. They even opened trades on my account and then closed all my positions. Now they claim I violated their rules—it’s almost laughable!
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5 months ago
Susana Wolff
I’ve had several payouts from Direct Funded Trader, and I must say, each one has been pretty smooth. I recently received my latest payout of $3,250, and there were absolutely no problems whatsoever.
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5 months ago
Sally Mitchell
When it comes to withdrawals, this proprietary trading firm truly stands out. I was pleasantly surprised by how quickly I was able to access my funds. In fact, I withdrew money on the very same day I received my initial payment. Their process is among the most efficient I’ve encountered.
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5 months ago
Aliya Mertz
I can’t believe it, but they suspended my live funded account just two days after I became a funded trader. Apparently, it was because I took a trade without a stop loss, which, according to their FAQ, is a big no-no. The irony here is that I hadn’t even opened any trades on the funded account at all! How can they breach my account when I haven’t executed any trades? It’s just ridiculous!
I strongly recommend steering clear of this firm.
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5 months ago
Reyna Okuneva
It’s been about a week since my initial review, where I gave them 2 stars, and guess what? They’ve changed my account balance. I’ve yet to hear from support, nor have they addressed my previous feedback. It honestly feels like this might be a one-man operation just looking to scam people out of their subscription fees. I was close to hitting the phase 1 target of 8%, but they mysteriously adjusted my balance down to 6%. I’ll keep trading and see what unfolds. To be honest, my expectations aren’t very high. I plan to keep updating my reviews based on how things go from here.
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5 months ago
Freida Skiles
The user-friendly dashboard provided by Direct Funded Trader really made it easy for me to keep track of my progress. I successfully passed phase two and now I’ve just received my funded account.
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5 months ago
Jarred Rutherford
I’ve had a great experience with Direct Funded Trader when it comes to payouts. I recently wrapped up my third one, and I have to say, each time it’s been a smooth and hassle-free process. It’s nice not to have to worry about delays; everything is handled efficiently.
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5 months ago
Davonte Hermann
I’ve taken on a $100,000 challenge, and I’m currently midway through the first phase. The instructions are straightforward, which makes the process smooth, and I find the dashboard quite user-friendly. I’m really looking forward to progressing further!
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5 months ago
Monserrate Carroll
I received my initial payout in just half an hour, which was impressive. I highly recommend this firm!
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5 months ago
Annetta Weissnat
I jumped at the chance to purchase a $10,000 challenge during their discount sale, and I couldn’t be happier with my decision! I successfully completed phase one and am now focused on tackling phase two. It’s been a fantastic experience thus far!
Dandre Wolff
I just received my latest payout of $5,200! Honestly, it’s incredible how quickly and efficiently they process withdrawals.