FundedHero Review 2026: Rules, Costs and Payouts

FundedHero shows a Trustpilot score of 4.5 on its own home page, but Trustpilot shows no rating for the firm at all. The review site has suspended the rating for a breach of its guidelines and says it removed a number of fake reviews. That gap between what the firm says and what you find when you check runs through the whole offer.

For this review I collected the prices, rules and payout terms directly from FundedHero. The sources are the home page, the rules pages and the terms and conditions, plus Trustpilot and the legal page of the partner broker FHX Markets, all checked on November 12, 2026. I did not buy an account, and we have no business relationship with FundedHero. How we research and write is described on our editorial policy page.

FundedHero in 30 seconds

• Overall: a CFD and forex prop firm. You trade simulated accounts of $2,500 to $400,000 on TradeLocker. The terms name no company, no address and no managers; Trustpilot lists the United States as the contact country.
• Cost: one-time fees, no subscription. A $100,000 account costs $376 to $1,635 at list price. The advertised 60 percent discount code cancels the fee refund.
• Payouts: on the 2 Step Hero every 14 days, capped at 14 percent of the starting balance per cycle. The split runs from 50 to 100 percent depending on the account. Money goes to an unregulated partner broker, to RISE or in crypto, never to a bank.
• Trust signals: Trustpilot has suspended the rating, yet the home page still shows 4.5. A defamation policy lets FundedHero cancel payouts after public defamation or false claims about the firm. Checked on November 12, 2026.

What is FundedHero?

FundedHero is a prop trading firm that sells simulated CFD accounts on the TradeLocker platform for a one-time fee and pays 50 to 100 percent of the simulated profit, depending on the account type.

The model is the familiar prop trading pattern: you buy a test on a demo account. You hit a profit target without breaking the loss limits, and then receive a share of the simulated profit. The terms say plainly that no real money is traded; they call the platform “simulated” and “designed exclusively for educational purposes.” Our prop trading page explains how the model works across firms.

You trade CFDs on currency pairs, metals, indices and crypto on a single platform. The only platform the home page names is TradeLocker, in the browser and on mobile. Every account type comes in two versions: Hero with more room, and Villain, which is cheaper and tighter.

The firm behind the brand is hard to pin down. The terms only say “Company: FundedHero” and give an email address. Disputes go to mediation and then to binding arbitration in Pinellas County, Florida. Trustpilot lists the United States as the contact country, and the firm’s own text there mentions “our two CEO”, without names, so the legal entity and its seat remain unclear from the documents I checked.

FundedHero at a glance

Company	not named; arbitration in Pinellas County, Florida
Platform	TradeLocker (web and mobile)
Account types	1 Step, 2 Step, 3 Step, FastPass, Instant, each as Hero or Villain
Account sizes	$2,500 to $400,000 (simulated)
Markets	forex, metals, indices, crypto (CFDs)
Profit split	50 to 100 percent, by account and payout number
Partner broker	FHX Markets, Saint Lucia, not regulated
Trustpilot	rating unavailable (450 reviews, Nov 12, 2026)

The account types: 1 Step, 2 Step, 3 Step and Instant

FundedHero offers four ways to a funded account, each as Hero or Villain. They differ in the number of test stages, the loss limits and the profit split. The table shows the Hero versions from the firm’s drawdown policy.

Account (Hero)	Target and loss limits
1 Step	Target: 10% Daily loss: 4% Max loss: 10%, funded 9%
2 Step	Target: 8%, then 5% Daily loss: 6%, funded 4% Max loss: 12%, funded 10%
3 Step	Target: 8%, 5%, 5% Daily loss: 6%, funded 5% Max loss: 12%, funded 10%
Instant	Target: none Daily loss: 3% Max loss: 8%

Source: FundedHero rules pages, checked November 12, 2026.

The 2 Step Hero is the flagship and the only account that reaches a 100 percent split. The split rises step by step: 80 percent on the first payout, then 90 and 95, and 100 percent only from the fourth payout on. There are no minimum trading days and no time limit.

Once you pass, the loss limits get tighter. On the funded account you may lose only 4 percent a day and 10 percent in total, instead of 6 and 12 percent during the test.

The Villain versions cost less and pay less. Their split starts at 70 percent, and the first two payouts are capped at 6 percent of the starting balance. On the 1 Step Villain the daily limit is only 3 percent.

Instant accounts skip the test, but they start at a 70 percent split. They allow a loss of only 1 to 2 percent per open position, and the Instant Villain is the one account with a trailing maximum loss. The FastPass Hero starts at 50 percent, and FundedHero refunds neither FastPass nor Instant accounts.

What does FundedHero cost?

Every challenge is a one-time fee; there is no subscription. The table shows the list prices from the home page for a $100,000 account. Smaller accounts, from $2,500, cost less.

Account ($100,000)	List price Hero / Villain
1 Step	$817 / $628
2 Step	$656 / $502
3 Step	$517 / $376
Instant	$1,635 / $1,308

List prices from fundedhero.com, checked November 12, 2026.

The discount costs you the refund. The home page advertises 60 percent off with the code HERO60, which brings the $100,000 2 Step Hero down to $262.40 from $656. But according to the firm’s refund rule, a challenge bought with a discount code is not refundable, so the advertised fee refund only applies at full list price.

At list price, Hero and Villain challenges return the fee in two halves. You get one half with the first payout and the other with the second payout. You pay by card, Apple Pay, Google Pay or crypto, and if you fail, you buy a new challenge.

FundedHero rules: loss limits and trading rules

The daily loss limit at FundedHero is the amount by which equity, including open losses, may fall within one trading day; touching it even briefly ends the account.

Open losses count right away. If a trading day on a $100,000 2 Step Hero starts with $100,000 in equity, the test is over as soon as equity touches $94,000 that day, even if the trade turns around later. The maximum loss is static on every account except the Instant Villain and does not move up with your profits. Our prop firm drawdown guide explains static and trailing drawdown with numbers.

The trading day resets at 6 p.m. New York time. At that moment FundedHero sets the new daily limit from your equity, open profits included. News trading and holding positions over the weekend are explicitly allowed.

Rules that only start on the funded account

The funded stage adds rules that many traders read too late. They are on the firm’s funded account rules page and mostly affect your payout and your daily trading:

• Daily profit cap: profit above 3 percent in one day is not credited. On a $100,000 account, a $4,200 day counts as $3,000.
• Risk per trade: at most 3 percent of the account.
• Lot size consistency: each trade may differ from the previous one only by a set amount, 2 lots on forex and 0.5 lots on indices, gold and crypto.
• Holding time: every trade must stay open for at least one minute.
• Activity: at least one trade every 15 days, or the account can be closed.

Banned: hedging, martingale and other people’s signals

FundedHero bans hedging, arbitrage and doubling up after a loss. Opposite positions in mirrored pairs such as EUR/USD and USD/CHF also count as hedging. Your own Expert Advisors are allowed; copying other traders or signal groups is not.

Copying someone else’s trades can cost you most of a payout. Under the copy trading rule, copying another person’s account more than three times cuts your payout to 25 percent. Beyond five times, the payout is forfeited and the account is reset.

FundedHero payouts: cycle, caps and fees

Condition	Rule on the 2 Step Hero
Cycle	every 14 days from the first trade
Requirement	5 profitable days of at least 0.5% each, and at least 1% profit in the cycle
Consistency	no day above 50% of total profit
Maximum	14% of the starting balance per cycle
Split	80%, 90%, 95%, then 100% from the fourth payout
Methods	FHX Markets with no fee, RISE or crypto with a 5% fee

Source: FundedHero rules pages, checked November 12, 2026.

Payouts are not on demand; they come every 14 days. The home page lists the payout speed as “On Demand”, while the 2 Step Hero rules page sets a 14-day cycle. Before each request you need five profitable days and at least 1 percent profit, and on a $100,000 account FundedHero pays out at most $14,000 per cycle.

FundedHero promises to send an approved payout within two business days. If it misses that, it adds $1,000 to the payout, but payouts in a secondary review are excluded. The terms go further: payouts are “entirely discretionary and are not guaranteed”, even if you meet all the criteria.

There is no bank transfer. According to the payout methods page, money goes to the partner broker FHX Markets with no fee, or through the payment service RISE or in crypto with a 5 percent fee. Of a $1,000 payout, those two routes leave you $950.

The fee-free route leads to a broker that says on its own legal page that it is not regulated. According to that legal page, FHXmarkets Ltd is incorporated in Saint Lucia, offers leverage up to 1:1000 and writes that no compensation scheme protects client money. The same page lists the United States among the countries it does not serve, so if you live in the US the fee-free route is closed, and you should confirm with FundedHero before buying whether RISE or crypto work for you.

The defamation policy: when statements about the firm can cost your payout

FundedHero’s rulebook contains a defamation policy that can cancel every payout. Under the defamation policy, public defamation, slander or false claims about the firm can lead to the forfeiture of all pending and future payouts, including posts on social media, forums or group chats. The policy says this applies even if the trader has met every other requirement.

In my view, the policy can also discourage fair criticism. It does not say who decides whether a statement is false. A trader who is waiting for a payout has a reason to stay quiet, and that lowers the value of the positive voices you find online.

FundedHero reviews: what Trustpilot shows

Trustpilot shows no rating for FundedHero. On the company profile the rating is “unavailable due to a breach of our guidelines”, and Trustpilot says it removed a number of fake reviews. On the same day, the FundedHero home page still showed “TrustScore 4.5”.

The remaining reviews are split between praise and one-star complaints. Of the 450 reviews, 73 percent give five stars and 19 percent one star, with 259 added in the last twelve months. After the suspension, nobody can say how many of them are genuine.

The critical reports center on payouts. One trader wrote in October 2026 that the dashboard required 10 percent profit for a payout on a promotional account, while the rules page did not. A second account was reset over the lot size rule, which by his account FundedHero measures across all instruments. That is a single report, and the firm has publicly offered a senior review.

Is FundedHero legit?

FundedHero sells access to simulated accounts and names no regulator. It is not a broker and not a financial firm in the regulated sense. A query of the German regulator’s company database on November 12, 2026 found neither FundedHero nor FHX Markets, which is expected for firms without a German licence and says nothing about US status.

Some things speak for FundedHero. The maximum loss is static on almost every account, there is no time limit, and the rulebook explains the limits with worked examples. News trading and weekend holding are allowed, which is not the case at every firm.

More things speak against it. The terms name no company, and the home page advertises a rating that Trustpilot has suspended. Payouts are discretionary, the defamation policy can cancel them, and the fee-free payout route ends at an unregulated broker that does not serve US residents.

On eligibility, FundedHero says it accepts traders from most countries. Its challenge-to-funded guide excludes “a few sanctioned regions” without a full list and asks you to confirm your location at registration or payout. Traders who cannot pass the KYC check are not funded and get no refund.

FundedHero Futures: the second brand

The brand runs a separate futures firm with its own rules. It sits on fundedherofutures.com and trades through TradingView, Volumetrica and NinjaTrader. Its plan overview lists six plans, from a one-stage test to an instantly funded account.

List prices start at $89 for the Hero ONE plan, as of November 12, 2026. The ONE plans add an activation fee of $99 to $149 after you pass, and instantly funded Hero Live accounts start at $350 list price; the site advertises lower code prices on top. If you trade futures, compare it with our Bulenox review and Take Profit Trader review.

Pros and cons of FundedHero

Pros

• Static maximum loss: on every account except the Instant Villain, the limit does not trail your profits.
• No time limit: no minimum trading days and no deadline for the test.
• News and weekends allowed on every account.
• Many account types: from 1 Step to Instant, $2,500 to $400,000.
• Fee back on Hero and Villain at list price, split over the first two payouts.

Cons

• Trustpilot rating suspended: fake reviews removed, while the home page still shows 4.5.
• No company named: no legal entity, address or managers in the terms.
• Defamation policy: public defamation or false claims can cost all payouts.
• Discretionary payouts: not guaranteed according to the terms.
• No bank payout: an unregulated partner broker, RISE or crypto, the last two with a 5 percent fee.
• Discount without refund: the advertised code cancels the fee refund.

Alternatives to FundedHero

Two questions are worth asking any prop firm before you pay. Who stands behind the offer by name, and under what conditions may the firm cut or cancel a payout? At FundedHero, neither answer is satisfying, so compare other firms on these points rather than on the advertised split.

Our other reviews use the same method. The Bitfunded review covers a crypto prop firm, and the futures reviews above show how a documented rulebook looks in practice.

Our verdict: generous marketing, tight fine print

On paper, FundedHero’s terms look attractive. A static loss limit on almost every account, no time limit, news trading and a split of up to 100 percent. Read closer and you find payouts every 14 days with a cap, a discount that cancels the refund, and a fee-free route that ends at an unregulated broker.

I only trust partners whose names and rules I know. That is what more than 45 years in the markets, since 1980, have taught me. FundedHero names no one, advertises a rating that Trustpilot has suspended, and can cancel all payouts after public false claims; for me that outweighs any profit split.

In short: FundedHero is not a recommendation from me. If you try it anyway, budget the fee as tuition and screenshot every rule on the day you buy.

• Good fit for: experienced forex traders with steady position sizes who read the whole rulebook and have confirmed a working payout method.
• Not a fit for: beginners, traders who change position sizes, and anyone who needs a named, regulated counterparty and a payout to a bank account.

This review describes the firm’s rules and costs; it is not investment advice. CFD trading with leverage carries a high risk of loss, and we do not earn a commission from FundedHero.

Frequently asked questions about FundedHero

Is FundedHero legit?

FundedHero names no company and no regulator, and Trustpilot has suspended its rating over fake reviews. The terms only name the brand and an arbitration venue in Florida, and they make payouts discretionary. All trading is simulated; you buy a test, not an investment.

How much does FundedHero cost?

Each challenge is a one-time fee with no subscription. A $100,000 account costs between $376 (3 Step Villain) and $1,635 (Instant Hero) at list price; the 2 Step Hero costs $656. The HERO60 code cuts the price by 60 percent, but then the fee is not refunded.

How do FundedHero payouts work?

On the 2 Step Hero you can request a payout every 14 days. You need five profitable days and at least 1 percent profit first, and each payout is capped at 14 percent of the starting balance. Money goes to FHX Markets with no fee or through RISE and crypto with a 5 percent fee, not to a bank.

What is the FundedHero defamation policy?

It lets FundedHero cancel all pending and future payouts after public defamation or false claims about the firm. It covers social media, forums and group chats, and it applies even if every other requirement is met.

Can US traders use FundedHero?

FundedHero says it accepts traders from most countries, except a few sanctioned regions. Its partner broker FHX Markets does not serve US residents, so the fee-free payout route is closed to you. Ask support in writing which payout methods work in your state before you buy.

Which platform does FundedHero use?

The CFD accounts run on TradeLocker, in the browser and on mobile. The home page names no other platform. The futures brand uses TradingView, Volumetrica and NinjaTrader.