About Precision Funding
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Customer Reviews (25)
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2 months ago
Jamaal Paucek
The support provided by this funding group is truly exceptional! Plus, their pricing is quite competitive, and the boundaries they offer are very generous. I highly recommend them!
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2 months ago
Carlos Prosacco
The customer service here is impressive and incredibly quick. I’ve bought several evaluations, and the new $50,000 funded promotion is fantastic. I needed to make some adjustments to my account settings, and they tailored it to my needs without any fuss. They are extremely helpful, so don’t hesitate to reach out to them through email or in the Discord group if you require assistance.
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2 months ago
Shanon Wilderman
I want to be straightforward about my experience. I stumbled upon Precision Funding quite by accident, and I have to admit, the reviews I initially found weren’t overly encouraging. There were whispers about it being a young and potentially unreliable firm. But then I thought, to gain something, you have to invest something! So, I took the time to really dive into all their rules and the behaviors they prohibited. With a lot of effort, unwavering commitment, and focus, I traded for the necessary number of days, maintaining consistency throughout the process. Just yesterday, I requested my first withdrawals from two different accounts, and to my delight, today I saw ALL the funds deposited into my account. Folks, as long as you adhere to their guidelines, Precision Funding proves to be an exceptionally reliable prop firm! I was genuinely thrilled with their customer service as well. The support I received was quick, dependable, and to the point. All I can say is, I’m quite impressed!
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2 months ago
River Shanahan
My experience with Precision Funding has been really positive. I’ve been getting paid by them for a while now, and I can honestly say it’s improving each day. Just when I think it can’t get better, they manage to surprise me!
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3 months ago
Enid Strosin
Last month, I accidentally submitted incorrect wire transfer details with my payout request. Thankfully, they promptly notified me about the mistake in my account number, and returned the funds to their end. Once I provided the correct account number and routing information, they quickly resent the payment. To my surprise, I received it the very next morning. Overall, my experience has been positive, and I plan to continue trading with them.
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3 months ago
Lila Terry
Considering joining this trading firm? It might be best to think again. My experience here has been far from positive, and I honestly feel it’s not worth your time or money. If you’re looking for a reliable opportunity, this place simply doesn’t deliver.
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4 months ago
Vincenza Schowalter
The customer service here is truly outstanding. Whenever a trader encounters an issue, whether it’s related to trading itself or specific problems with the platform, the response time is impressively fast and trustworthy. It’s evident that they provide a very professional level of service.
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5 months ago
Luis Ferry
I initiated a payout request on five accounts, each valued at $75K, on November 15, 2024, for $1,600 per account, totaling $8,000.
On November 19, 2024, I found that my access to Rithmic had been removed without any prior notification. I reached out via email and also posted inquiries in Discord, yet I received no response. Strikingly, others with similar Rithmic connection problems did get replies.
On November 20, 2024, at 1:28 PM, I inquired about updates concerning both my payout request and my Rithmic access. Later that day, at 7:24 PM, I received a response that was quite disheartening.
The message stated, “I hope this email finds you well. We regret to inform you that your recent payout request has been denied. After review, it has been determined that although you were eligible for discounts on our funded accounts, you did not meet the required standards because we have noted your inconsistency in live streaming—a crucial factor for ongoing eligibility for payouts. If you believe this decision was made in error or have any questions, please do not hesitate to reach out. Our team is here to assist you and provide clarification where needed. Thank you for your understanding and continued efforts. We appreciate your participation and wish to support your future success.”
However, I found it troubling that there is no mention of a live streaming requirement anywhere in their contract or on their website at the time of my payout request.
Moreover, on the same day, they added, “We provided you an exclusive discount on our funded accounts, specifically based on your live streaming efforts, which you failed to uphold.”
To clarify, there has never been any formal, informal, or implied agreement that required me to live stream a specific number of my trades. Additionally, when I purchased my evaluation accounts, they were offered at a 90% discount. Thus, using an affiliate code or their promotional codes did not provide me with any further benefits compared to the discounts available to all visitors to their site. When transitioning from evaluation to a live simulation (PA), I requested a reduction in the lifetime fee. They indicated a discount would be available if I agreed to join their IEBO program upon its launch. I agreed to that condition, yet the program has not launched as of my payout request.
Given that my payout was denied despite fulfilling all the requirements outlined in their PA Agreement and IEBO discount agreements, coupled with the removal of access to my PA accounts, I can’t help but suspect that this firm is operating a scam.
I strongly encourage anyone who has had dealings with this company to file complaints against Precision Funding and Ilham Bhuiyan with the CFTC, IC3, BBB, and the Michigan Department of Attorney General.
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6 months ago
Reinhold Shields
This firm seems to be a complete scam. The support team is lacking, and it’s clear that there is a significant gap in general knowledge on the subject matter. I genuinely cannot recommend this trading firm to anyone looking for a reliable experience.
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7 months ago
Savanna Jakubowski
No recomiendo esta empresa de fondeo en absoluto. Mi experiencia ha sido simplemente mala, especialmente cuando se trata de la atención al cliente y, lo más crítico, el servicio de señales de precio que se cae constantemente. No hay nada más frustrante que tener una posición abierta y de repente quedarte sin servicio. Intente volver a iniciar sesión y el servidor te rechaza, mientras el tiempo pasa y no sabes qué está ocurriendo con tu posición. Hoy fue el colmo y decidí cerrar mi cuenta aprobada con ellos. Preferí asumir la pérdida en lugar de seguir perdiendo dinero con esta empresa.
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8 months ago
Aniya Fay
Sophia was incredibly friendly and truly supportive throughout my experience. I sincerely wish the best for this company!
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9 months ago
Mohammad Toy
UPDATE 7-24-24:
Ilham from Precision Funding has addressed some of my concerns, though not all my questions have been resolved yet. I’m still waiting for a more detailed response. He did send an email that was well-written and included an apology for the earlier incident.Initial Review Below From 7/18/24:
Initially, I was satisfied with Precision Funding. Their servers were speedy, and support responses in Discord were adequate, plus they seemed open to feedback. When I posed some questions in their Discord channel, their reply was simply “YES.” I expressed my disappointment that they couldn’t provide more detail, which led me to decide against purchasing additional accounts. To my shock, I was promptly removed from the Discord! This really frustrated me, especially since I’d just passed some of their accounts that same day.What you might not know:
1. The proprietary agreement states you can trade news, but they advise against trading news for profit (seriously).
2. With a PA account, you’re limited to trading less than 40% of your maximum contracts; if you exceed this, they’re entitled not to pay you. For a $25,000 account, this translates to a limit of just 1 mini contract 60% of the time! Plus, they don’t allow conversions from mini to micro contracts. You can only trade a maximum of 5 micros across all plans.
3. They initially stated that Dollar Cost Averaging is permissible in a PA account, but that is no longer the case.
4. Holding a trade for less than 8 seconds could lead them to classify it as high-frequency trading, which means they won’t compensate you.
5. There seem to be mistakes with account provisioning as it’s done manually.
6. The CEO rarely appears in the Discord—only a couple of times—while the operation seems predominantly managed by someone named “Sophia,” who was responsible for my removal.You simply cannot operate a business this way, dismissing customers when they seek clarity.
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9 months ago
Gregg Mraz
Precision Finding truly stands out as one of the top proprietary trading firms in the futures market. After my experience with Apex, which resulted in a denied payout, I was motivated to give Precision Finding a shot. I’ve been trading with them for nearly two months, and I’m pleased to say I’ve already received a payout. Their pricing is more competitive, and their trading rules are far more favorable compared to Apex.
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10 months ago
Armani Nienow
I would like to express my serious concerns regarding the conduct of Precision Funding LLC, as my recent experiences with the firm have resulted in significant financial losses. Despite my diligent adherence to our contract, I have encountered unmet commitments, blatant violations of trader agreements, and an alarming lack of accountability.
In April 2024, I began my relationship with Precision Funding LLC, drawn in by their appealing pricing for evaluation accounts and Performance Account (PA) fees. After completing several evaluations successfully, I engaged in trading activities for about two months. Unfortunately, my payout requests submitted in June were unjustly denied, which is a clear breach of the rules regarding PAs and payout thresholds that we had agreed upon.
In May, along with their new website launch, Precision modified the rules for new accounts. They reassured existing traders like me that our accounts would still follow the original guidelines, while new evaluations would be subject to the updated rules. However, when I requested my payouts, I was told that my accounts didn’t satisfy the “current” payout criteria, which contradicts both the original agreement and their promise to honor the old rules for existing accounts.
Even after providing various pieces of evidence, such as email confirmations from their support team on Discord, my payout requests were ignored. They referred to a disclaimer that allowed them to make rule changes without prior notice, which fundamentally damages the trust and integrity of the firm.
I requested payout for six PAs, all of which satisfied the payout conditions according to our agreement. This contract was signed before Precision’s rule alterations in late May. Under the terms of our agreement, I was owed $1.5K for each of the six accounts. However, Precision has now gone back on this commitment and has denied my payout requests.
The alternatives they proposed are far from what our original contract stipulated. The first option was a $1K payout for each account, after which they would cease all future payments, thereby forcing me to give up over $11K that remains in those accounts, along with any potential future earnings. The second option offered $1K for just two of the six accounts, with some chance of future trading. While they framed these options as acts of “goodwill,” they directly violate our contract.
Feeling betrayed, I chose to request immediate payouts and asked if I could continue trading with the remaining balance (over $11,000 total across six accounts) under the new rules. To my dismay, I found out that they had terminated those accounts after issuing me $1K each. There was more than $11K in capital that I had earned through trading, which I am now forced to forfeit.
Moreover, Precision has been charging me for account resets and monthly fees against my explicit wishes. It was only after I noticed these unauthorized charges and raised concerns that I received refunds. This level of unprofessionalism is quite troubling.
After two months of dedicated trading with Precision, I’ve only faced broken promises and a disregard for trader agreements. I have serious doubts that many traders will receive their deserved payouts from Precision.
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10 months ago
Marshall Mueller
This company has serious issues. Precision Funding terminated my accounts just after I raised concerns about not receiving payouts for the pay period of May 15-20. I’ve complained multiple times about various problems, but now I can’t delve into specifics. They repeatedly told me that my payout had been sent, but when I pointed out errors with my account number and address—errors that were their fault—they blamed me instead. After more back and forth, I was told I would receive it soon, despite prior claims that it had already been sent. At one point, I even expressed my frustration in a message, stating: “I hate to discuss this on social media, but I need to let other traders know about this terrible misunderstanding.”
After quite a battle, I finally received my payout of $4,000. However, it was evident that they allowed me to continue trading simply to see me profit from years of hard work, then concocted an outrageous excuse to withhold payment. I had over $19,000 spread across seven accounts and could have withdrawn around $14,000 if they had operated honestly. Their focus does not seem to be on fostering successful traders; they just wanted to avoid paying me.
Their response to my inquiries was to suggest I could get refunds for the Performance Accounts (PAs) I held. I emphatically disagreed, reiterating that they should wire me the actual balances for all the accounts I worked diligently on. In the end, they only refunded me the active PA amounts, which totalled $560, and didn’t even cover what I spent on evaluations and other PAs.
I truly feel that if they treated me this way, they will likely do the same to others in greater need. This is not a firm you want to partner with. Thankfully, I have a stable career and have learned to trade fairly well. There are plenty of reputable prop firms out there, and without a doubt, this one might just be the worst.
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10 months ago
Kiana Hagenes
I have quite a bit to share about my experience with Precision, but I’ll focus on what matters most: payouts.
I faced several denial of my payout requests, and the explanation given was that my trades were viewed as speculative, leaning toward gambling behavior, which supposedly did not align with their risk profile.
I find their rationale to be unfounded. I utilize a trading strategy that involves eight contracts—yes, they said that’s too many. Yet, the maximum contract limit for a $50,000 account is twelve. They suggested I “could” benefit from profit surges—even though I consistently set take-profit orders 6-12 ticks away. My trading volume is rather modest, typically just a few trades a day, and I always stay well below the daily 30% consistency requirement. I’ve never experienced profit “surges”. Interestingly, they then advised that I should limit myself to four contracts or fewer, all while the cap is twelve.
If Precision is not comfortable with my risk profile, it is within their rights to choose not to work with me or request adjustments to my strategy. They could also clarify their contract for future clients. However, penalizing me for trades that adhered to their specified guidelines and for profits I legitimately earned feels inappropriate. This sets a troubling precedent: they could potentially deny payouts at will, despite the terms agreed to in a signed contract.
I challenged their payout denials, confidently arguing that my trades met their guidelines. Nevertheless, they stood firm in their decision. They reset my profit accounts back to zero, offering me a fresh start, but after ten days of adhering to the rules, I wasn’t willing to invest more time to begin again. Ultimately, Precision refunded all of my evaluation and profit account fees, and we parted on good terms.
I must mention that the communication from Precision was respectful throughout the process. While I genuinely wanted to have a positive association with them, I can’t, in good faith, recommend them to other traders given my experience with what seemed like arbitrary payout denials.
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10 months ago
Lue Herman
The support team’s attitude is quite positive and accommodating. However, there’s a significant confusion between the website and the Proprietary Agreement, as they list conflicting amounts. For instance, users are faced with a choice between an $80 monthly activation fee for the trading platform or a one-time payment of $180 for a lifetime subscription.
Moreover, the way drawdown calculations are handled is concerning, as they rely on unrealized profits. It often takes an excessive amount of time to get information through to the founder, Ilham, which can be frustrating.
A major red flag occurred when a spoofed email was sent to users containing a cracked download, putting their security at risk. Although Ilham and the team were notified about this issue, they failed to send out a precautionary message to their user base, which is a significant oversight.
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10 months ago
Mayra Zulauf
I discovered Precision Funding while browsing YouTube for tips on setting up Quantower, and I must say, I’m quite thrilled with what I’ve found! This proprietary trading firm allows you to maintain up to 25% profit allocation. Additionally, the evaluation and profit allocation fees are significantly more favorable compared to other firms in the industry. The customer support has been outstanding as well. Overall, I’m very satisfied with my experience! 👍
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11 months ago
Dusty Skiles
I’m really happy to have been introduced to this rapidly growing proprietary trading firm. Initially, I had my doubts and was hesitant about giving them a shot. However, the exceptional customer service and quick responses truly impressed me. Now, I’m leaning heavily towards making this firm my primary choice. After receiving my first payout, my trust in them has significantly increased, and I feel ready to achieve success with my 20K account.
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12 months ago
Leola Fritsch
I absolutely recommend this firm without any reservations. If you’re looking for an excellent trading experience, this place is it. Their support team is incredibly helpful, and they really go the extra mile to assist you. Additionally, the resources they provide are top-notch, making it easier to navigate the trading world. Overall, I have nothing but positive things to say about my experience here. This is truly a fantastic choice for anyone serious about trading.
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1 year ago
Dave Champlin
This is a fantastic company with outstanding leadership. The people at the helm are truly commendable! I can confidently say they are top-notch in the industry. Highly recommend!
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1 year ago
Noel Larson
They’ve been pretty good about answering my questions on the Discord server. I’d say they genuinely help traders like myself reach a withdrawal. Plus, the activation fee is just $79.99 per month, which isn’t too steep.
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1 year ago
Raegan Leuschke
I purchased my initial 25 evaluations shortly after their launch on March 5th, and I’m thrilled to share that I finally passed them yesterday. My agreements are signed, and I’ve taken care of the data fees. Now that I’m funded and have received my personal accounts, I’m eagerly anticipating withdrawals in the upcoming payout window. Their customer support has been impressive, answering my queries within a few hours. All things considered, they appear to be an excellent choice, especially given the low activation fee and affordable evaluations.
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1 year ago
Candido Gulgowski
I haven’t encountered any issues so far. I passed the evaluation process without any hitches and received a quick response for setting up my PA account. Looking ahead, I’m definitely planning to take on more of their evaluations in the future.
Bernardo Johnson
The customer support offered by this firm is notably superior when compared to the competition. They really stand out in this aspect. It’s refreshing to see a trading firm prioritize helping their clients effectively.