TL;DR: FundedFast (often searched as “Funded Fast”) is a forex and CFD prop firm run by Memento Enterprises Limited, a Malta company (registration C 109385) that says it launched in 2024. On October 11, 2026 it sold two one-time-fee challenges on the Match-Trader platform: a 1-Phase challenge with a 10% target (from $99 for $3K to $2,999 for $400K) and a 2-Phase challenge with 8% then 5% targets (from $29 for $3K to $1,799 for $400K). Every account uses a 5% daily loss limit and a static 10% maximum loss measured from the starting balance, with no time limit, and the fee is refunded with the first payout. Funded traders keep 80% of profit, or 90% with a paid add-on that is only sold on $50K+ 1-Phase and $100K+ 2-Phase accounts. Payouts can be requested every 7 days after at least 5 trading days, by PayPal, bank transfer or crypto. Expert advisors and copy trading are banned, new trades are blocked 5 minutes either side of major news, and stop losses become mandatory once funded. Trustpilot showed 4.4 from 28 reviews, Reddit had no threads about the firm, and the terms list 40 restricted countries. The site banner advertised code BOOST40 (40% off), but the firm’s own page data dates that offer to September 23, 2026.
Research status: Checked October 11, 2026 against the FundedFast home page, Challenges page (every size and phase was clicked through to read the live price), Terms and Conditions (last updated September 2026, version 1.4), FAQ, How It Works, About, Contact, Promotions, Trading Competition, Competition Terms and country pages. The company record was read on OpenCorporates, which mirrors the Malta Business Registry. Earlier versions of the site were read in the Wayback Machine (December 2024, September 2025 and March 2026). Reviews were read on Trustpilot and Reddit the same day, and the app listings on the App Store and Google Play. Prices were read from the firm’s public pages and were not verified by purchase. BestProps did not open an account or request a payout.
FundedFast review verdict
FundedFast is a small, young forex and CFD prop firm with a simple product: two challenge types, eight account sizes, one platform and one set of risk limits. The headline rules are trader-friendly on paper. The 10% maximum loss is static, so the floor never moves up as you make money, there is no time limit on any phase, holding over weekends is allowed, and the entry fee comes back with your first payout.
The fine print is where you need to slow down. The terms add a 3% per-trade risk cap, a 50% consistency rule that raises your target, a 15-second minimum trade duration and a news window that blocks new trades. Stop losses are optional while you are being evaluated but mandatory on every funded trade. The 90% split is a paid extra that small accounts cannot buy. And the payout clause lets the firm delay withdrawals by up to 30 extra business days if it decides a “Platform Integrity Event” or “Correlated Payout Event” has happened, for example when many traders win on the same move.
The public track record is thin. Trustpilot has 28 reviews, Reddit has nothing, and the firm’s own payout figures are self-reported. The firm’s pages also disagree with each other on several points, listed under source conflicts. BestProps does not give FundedFast a numeric score. If you buy, start small, read the terms rather than the marketing, and test the payout process before you scale up.
Is FundedFast legit? Company, regulation and track record
FundedFast is a registered Maltese company with published terms, a working checkout and public trader reviews going back to early 2025. In this review, “legit” means the firm sells what it describes and the company behind it can be identified. It does not mean FundedFast is regulated or that every payout request will be approved. Those depend on the terms below.
| Fact | What is published | Where it is stated |
|---|---|---|
| Legal entity | FundedFast is the trading name of Memento Enterprises Limited, registration number C 109385, 55 Triq Ir-Ruzell, Attard ATD 1500, Malta | Terms and Conditions, section 1 |
| Company record | Active private exempt single-member limited liability company. Registered activity: “Other information service activities n.e.c.” The incorporation date is not shown publicly on the mirror | OpenCorporates (Malta Business Registry data) |
| Launch year | “In 2024, FundedFast was founded.” The terms say they have been in effect since 2024. The earliest live copy of the site in the Wayback Machine is from December 2024 | About, Terms version history |
| Leadership | Managing Director Andrea Faleburle, described as a former marketing chief at IC Markets, TMGM and OQtima. Offices are listed in Malta, Barcelona and Hong Kong | About (firm’s own description) |
| Regulation | “FundedFast is NOT a broker, NOT regulated by MFSA or any other financial authority.” It does not accept deposits | Firm learn page footer, Terms section 1 |
| What you trade | Both challenge and funded accounts are simulated, on Match-Trader technology with third-party price feeds. Payouts are paid “from our own funds” | FAQ, Trust and Safety |
| Payout protection claims | The FAQ says trader payout funds sit in segregated accounts and that the firm has “never failed to honour a payout obligation since launch”. BestProps could not verify either claim from outside | FAQ |
| Self-reported volume | In March 2026 the home page claimed 1,000+ active accounts, $500,000+ total payouts and a $4,900 highest payout. Those figures are no longer on the current home page | Wayback Machine, March 18, 2026 |
| If the firm closes | Terms section 14 (added September 2026) promises 30 days’ notice, a full refund of unfunded challenges and the verified profit share plus fee refund on funded accounts, paid within 14 days | Terms section 14 |
Two points deserve weight. First, the firm’s revenue model is fees for simulated evaluations, and the profit share is paid from its own money, so your payout depends on the company’s finances rather than on a broker holding your funds. Second, the firm runs a referral scheme that pays promoters 15% to 30% of each sale, according to its FAQ, so some outside reviews and rankings of FundedFast may be paid promotion. Weigh outside scores with that in mind. BestProps has no commercial relationship with FundedFast.
FundedFast challenges: 1-Phase vs 2-Phase
FundedFast sells two challenge types. Both use the same loss limits, both have no time limit and both lead to the same funded account. The differences are the target, the leverage, the price and whether the funded account can scale.
| Feature | 1-Phase | 2-Phase |
|---|---|---|
| Profit target | 10% in one step | 8% in Phase 1, then 5% in Phase 2 |
| Minimum trading days | 3 days (at least one trade per day) | 3 days in each phase |
| Daily loss limit | 5% of starting balance | 5% of starting balance |
| Maximum loss | 10% of starting balance, static | 10% of starting balance, static |
| Time limit | None | None (Phase 2 must be activated within 30 days of receiving logins) |
| Leverage on forex majors and minors | 1:50 | 1:100 |
| Account sizes | $3K, $5K, $10K, $15K, $50K, $100K, $200K, $400K | Same eight sizes on the live price widget (the terms say $5K to $400K) |
| Price range | $99 to $2,999 | $29 to $1,799 |
| Add-ons (90% split, 20% max loss) | $50K and above | $100K and above |
| Funded account scaling | Not eligible | Eligible, up to 2.44 times the starting balance |
| Funded account | No profit target, 5 trading days minimum between withdrawals, 80% split by default, stop loss required on every trade, leverage 1:100 on forex majors and minors | |
The 2-Phase challenge is cheaper at every size and gives you double the leverage while you are evaluated, and it is the only route to the scaling plan. The 1-Phase challenge costs more and is stricter on leverage, but you only have to hit one target, and 10% in one go is less total profit than 8% plus 5% (13% across two phases). If you plan to buy the 90% add-on, note that it unlocks at $50K on 1-Phase but only at $100K on 2-Phase.
FundedFast pricing by account size
Prices below were read by clicking through each size and phase on the FundedFast Challenges page on October 11, 2026. They are one-time fees in US dollars, before any code or add-on. They were not verified by purchase.
| Account size | 1-Phase fee | 2-Phase fee | Daily loss limit (5%) | Maximum loss (10%) | 1-Phase target (10%) | 2-Phase targets (8% + 5%) |
|---|---|---|---|---|---|---|
| $3,000 | $99 | $29 | $150 | $300 | $300 | $240 + $150 |
| $5,000 | $109 | $49 | $250 | $500 | $500 | $400 + $250 |
| $10,000 | $119 | $99 | $500 | $1,000 | $1,000 | $800 + $500 |
| $15,000 | $299 | $119 | $750 | $1,500 | $1,500 | $1,200 + $750 |
| $50,000 | $399 | $299 | $2,500 | $5,000 | $5,000 | $4,000 + $2,500 |
| $100,000 | $699 | $499 | $5,000 | $10,000 | $10,000 | $8,000 + $5,000 |
| $200,000 | $1,299 | $799 | $10,000 | $20,000 | $20,000 | $16,000 + $10,000 |
| $400,000 | $2,999 | $1,799 | $20,000 | $40,000 | $40,000 | $32,000 + $20,000 |
Three things stand out. The $15K 1-Phase price ($299) is far above the $10K 1-Phase ($119) and the $15K 2-Phase ($119), so check it at checkout before buying. The 2-Phase $400K costs $4.50 per $1,000 of account, against $33.00 per $1,000 for the 1-Phase $3K, so larger 2-Phase accounts are much cheaper per dollar of buying power. And the fee is a one-time charge with no subscription and no renewal, according to Terms section 8.1.
| What you pay for | Published cost |
|---|---|
| Challenge entry fee | One-time, from $29 (2-Phase $3K) to $2,999 (1-Phase $400K). Refunded with the first payout. Not refunded if you fail |
| Funded account | No activation fee, no monthly fee, no platform fee |
| Commissions and data | The FAQ says FundedFast does not charge trade commissions, spread markups or data fees |
| Withdrawals | No withdrawal fee |
| Resets | No reset product is published. After a failed attempt, the firm says it emails a discount code for the next challenge |
| Inactivity | No inactivity fee “for the first 90 days”. Accounts with no trades for 90 days can be terminated after notice |
Add-ons, discount codes and how you pay
The two paid add-ons
| Add-on | What it changes | Price | Who can buy it |
|---|---|---|---|
| 90% profit split | Split goes from 80/20 to 90/10 from your first funded day | 10% on top of the challenge fee | 1-Phase $50K, $100K, $200K, $400K; 2-Phase $100K, $200K, $400K |
| 20% maximum loss | Maximum loss goes from 10% to 20% of the starting balance (breach line at 80% of the starting balance) | 10% on top of the challenge fee | Same sizes as above |
The 10% price comes from the add-on descriptions in the firm’s checkout data (“pay just 10% extra”). The firm does not say whether two add-ons are each charged on the base fee or on the running total, so confirm the final figure at checkout. The add-ons are not sold on the $3K to $15K sizes, or on the 2-Phase $50K, so on those accounts the most you can keep is 80%, even though the Challenges page labels its $5K example “Up to 90%”.
Current FundedFast discount codes
On October 11, 2026, the banner across the FundedFast site read “Flash sale: 40% off every challenge for 48 hours only, with code BOOST40”, with a button that opens checkout with the code applied. The page data behind that banner gives an end date of September 23, 2026, and the firm’s Promotions page listed no active discount code that day, only the two competitions. BestProps did not test BOOST40 at checkout, so treat it as published but unconfirmed. If it is accepted, 40% off a 2-Phase $50K would be $299 x 0.60 = $179.40, and 40% off a 1-Phase $100K would be $699 x 0.60 = $419.40.
The firm’s other published discount routes are a retry code emailed after a failed challenge, a discount emailed to everyone who takes part in the free Open competition, and short “flash sales” posted in its Discord server. The Promotions page says codes are non-cumulative: one code per order. Coupon sites list other FundedFast codes that BestProps could not confirm with the firm, so they are not reprinted here.
Payment methods
Challenges can be paid by Visa, Mastercard, PayPal, cryptocurrency or bank transfer. The firm says no card is stored and there are no recurring charges. EU consumers have a 14-day withdrawal right under Terms section 9, but it ends as soon as you place a trade on the challenge account.
FundedFast rules: targets, drawdown, consistency and minimum days
| Rule | 1-Phase | 2-Phase | Funded |
|---|---|---|---|
| Profit target | 10% | 8%, then 5% | None |
| Minimum trading days | 3 | 3 per phase | 5 between withdrawals |
| Daily loss limit | 5% of starting balance | 5% | 5% (lower at higher scaling levels) |
| Maximum loss | 10% of starting balance, static | 10% | 10% |
| Per-trade risk | 3% of starting balance per position | 3% | 3% |
| Consistency | Best day may not exceed 50% of the target, or the target rises | 50% | 50% (listed in the terms table) |
| Stop loss | Optional | Optional | Mandatory on every trade |
| Weekend and overnight holding | Allowed | Allowed | Allowed |
| Time limit | None | None | None |
Daily loss limit
The daily limit is 5% of the account’s starting balance, so it is a fixed dollar amount ($2,500 on a $50K account). It is measured on equity, including open losing positions, against your balance at the start of the day. The day resets at 21:00 UTC. If equity drops 5% or more below that day’s opening balance at any moment, the account is breached.
Maximum loss
The maximum loss is 10% of the starting balance and does not trail. On a $100,000 account the breach line is $90,000 equity, whatever your account has grown to. With the 20% add-on it moves to $80,000. Closed and floating losses both count.
Per-trade risk cap
No single position may risk more than 3% of the starting balance ($1,500 on $50K). Breaking it is listed alongside the loss limits as a cause of immediate disqualification. The terms do not explain how risk is measured on a position without a stop loss, which is allowed during the challenge, so ask support before you trade that way.
Consistency rule
No single day may make more than 50% of your total profit. If your best day is larger than 50% of the target, the target rises to best day / 0.50. FundedFast’s own example: with a $1,000 target and a $600 best day, the new target is $1,200. The rule never fails an account on its own; you just keep trading. The terms table also lists the 50% rule on funded accounts, which have no target, and the firm does not explain how it is applied to withdrawals there. Ask before your first payout request.
Minimum days, Phase 2 and inactivity
Each phase needs at least three trading days with at least one executed trade on each. Phase 2 credentials must be activated within 30 days or access is suspended (support can reactivate within 90 days). Any account with no trades for 90 consecutive days can be terminated after several notices; one trade in any 30-day window keeps it active.
Trading rules: news, EAs, copy trading, hedging, weekends and stop losses
| Practice | FundedFast rule |
|---|---|
| News trading | No new positions within 5 minutes before or after a major scheduled release such as NFP, CPI or a rate decision. Positions already open may stay open |
| Expert advisors and bots | Banned. All trades must be placed manually |
| Copy trading | Banned, whether through a service or by copying another trader by hand |
| Trade copier between your own accounts | Multiple accounts with identical or mirror trades trigger an investigation and can lead to termination of all of them |
| Hedging across accounts | Opposing positions on the same instrument across FundedFast accounts are banned if opened or closed within one minute of each other |
| Scalping | Allowed, but no position may be opened and closed in under 15 seconds |
| Martingale, reverse martingale and grid | Banned, with definitions added in August 2026 |
| Latency arbitrage | Banned. Profit from it can be voided as well as the account closed |
| Weekend and overnight holding | Allowed on every account, with no forced Friday close |
| Stop loss | Optional in challenges, required on every funded trade (since July 2026) |
| Lot size and trade count | No lot-size caps, no daily trade limits, no minimum volume, no restricted trading hours |
| Multiple accounts | Allowed; each account runs on its own |
The terms promise that rules never change during an active challenge, with at least 14 days’ notice of changes for new challenges. Enforcement is automated, but section 7 also describes a “benefit of the doubt” review for breaches caused by extreme market conditions or technical faults.
Leverage and instruments
All asset classes trade in a single account: 40+ forex pairs, US and European stocks, crypto pairs such as BTC and ETH, indices such as NAS100, S&P 500 and DAX, metals and energy. All are CFDs on a simulated account.
| Asset class | 1-Phase challenge | 2-Phase challenge and funded |
|---|---|---|
| Forex majors and minors | 1:50 | 1:100 |
| Forex exotics | 1:50 | 1:50 |
| Commodities, including metals | 1:50 | 1:100 |
| Indices | 1:50 | 1:100 |
| Cryptocurrencies | 1:20 | 1:20 |
The terms do not publish leverage for stocks or the full symbol list, and trading hours follow each market and the price provider. Earlier versions of the site advertised “up to 1:200”; the current terms top out at 1:100.
FundedFast payouts
| Payout term | What FundedFast publishes |
|---|---|
| Frequency | A withdrawal can be requested every 7 days |
| Minimum trading days | 5 trading days between requests |
| Profit split | 80% to you by default; 90% with the add-on |
| Cap per payout | None published. The FAQ says “there is no cap on how much profit you can earn” |
| Minimum payout | Not published |
| Processing time | Terms: “within 5 business days”. FAQ and How It Works: most are processed within 24 to 48 hours |
| Possible extra delay | Up to 30 additional business days during a “Platform Integrity Event” or “Correlated Payout Event” (Terms 6.3) |
| Methods | PayPal, bank transfer and cryptocurrency, plus local methods in some countries according to the FAQ |
| Fees | No withdrawal fee |
| Fee refund | The challenge fee is added to your first payout automatically |
| KYC | Required before the first payout, not at purchase: government photo ID and proof of address under 3 months old. How It Works also mentions a short video call |
| Tax | Payments are classed as international contractor service income; you handle your own tax |
How the first payout works
- Pass the challenge. Your funded account is set up on Match-Trader, typically within one business day of verification, according to the FAQ.
- Complete KYC before you ask to be paid. Upload ID and proof of address, and be ready for a short video call.
- Trade at least 5 trading days with a stop loss on every trade, inside the 5% daily and 10% maximum loss limits and the 3% per-trade cap.
- Request the withdrawal from the dashboard. Requests are open every 7 days.
- The team reviews the request; the firm says this typically takes 24 to 48 hours on business days, with 5 business days as the stated maximum.
- You receive 80% (or 90%) of the profit plus the full challenge fee.
The payout delay clause, in plain English
Terms section 6.3 explains that because many traders often hold the same simulated trade, a big market move can make a large number of accounts eligible for payouts at once. If the firm decides such a “Correlated Payout Event” or another “Platform Integrity Event” (a price-feed error, outage, war, a regulator’s action) has happened, it can delay or stagger withdrawals for up to 30 more business days and review trade history first. The clause says it does not allow the firm to cancel a properly earned payout, only to delay it. It is still worth knowing before you plan around weekly income.
Payout proof
FundedFast does not publish a public payout ledger. Its competition page lists past competition winners, first names only, and some Trustpilot reviewers describe receiving payouts and competition prizes. BestProps did not request a payout and cannot confirm payout speed from its own experience.
Scaling plan
Funded accounts that came through the 2-Phase challenge can grow through five levels. Each level needs a profit target over a minimum number of trading days, and clearing it raises the balance by 25%. The daily loss limit tightens as you go up. 1-Phase accounts are not eligible.
| Step | Profit target | Minimum trading days | Balance increase | Daily loss limit at the new level |
|---|---|---|---|---|
| Level 1 to Level 2 | 10% | 5 | +25% | 4% |
| Level 2 to Level 3 | 15% | 10 | +25% | 4% |
| Level 3 to Level 4 | 20% | 15 | +25% | 3% |
| Level 4 to Level 5 | 25% | 20 | +25% | 3% |
Level 1 keeps the 5% daily limit, and the maximum loss stays at 10% of each level’s balance. Four 25% increases compound to 2.44 times the starting balance. Scaling is discretionary: the terms say meeting a level’s target and minimum days “is not, by itself, a guarantee of advancement”. The FAQ gives a different version (“every 3 months … up to 2.5x”), covered under source conflicts.
Worked examples: cost, drawdown, consistency, payouts and scaling
Example 1: what a $50K account costs
| Choice | Fee | Fee per $1,000 of account | Split once funded |
|---|---|---|---|
| 2-Phase $50K | $299 | $5.98 | 80% (add-on not sold at this size) |
| 1-Phase $50K | $399 | $7.98 | 80% |
| 1-Phase $50K with 90% split add-on | $399 + $39.90 = $438.90 | $8.78 | 90% |
| 1-Phase $50K with both add-ons (charged on the base fee) | $399 + $39.90 + $39.90 = $478.80 | $9.58 | 90%, 20% maximum loss |
If you pass and get paid once, the fee comes back, so a single successful attempt costs nothing net. If you fail, the fee is gone. Three failed 2-Phase $50K attempts cost $897 before any retry discount, which the firm does not publish in advance.
Example 2: the daily and maximum loss on a 2-Phase $50K
Your account started at $50,000. After a good week, your balance at 21:00 UTC is $51,200.
- Daily limit: 5% of the $50,000 starting balance = $2,500. Today’s breach line is $51,200 – $2,500 = $48,700 equity, including open trades.
- Maximum loss: static at $50,000 – $5,000 = $45,000 equity. It stays at $45,000 even if the balance later reaches $54,000.
- Per-trade cap: 3% of $50,000 = $1,500 at risk on any single position.
So on this day the daily limit, not the maximum loss, is the line you will hit first. Because the maximum loss does not trail, every dollar of profit you bank widens your cushion against it.
Example 3: the consistency rule raising a 1-Phase $10K target
| Day | Profit | Running total | Best day | Target |
|---|---|---|---|---|
| 1 | $200 | $200 | $200 | $1,000 |
| 2 | $650 | $850 | $650 | $650 / 0.50 = $1,300 |
| 3 | $250 | $1,100 | $650 | $1,300 (not reached) |
| 4 | $200 | $1,300 | $650 | $1,300 reached, passed |
The $650 day was more than half of the original $1,000 target, so the target moved to $1,300 and one extra day was needed. Keeping your best day under $500 on this account keeps the target at $1,000. The consistency rule calculator runs the same check for other sizes.
Example 4: a first payout on a 2-Phase $100K with the 90% add-on
- Fee paid: $499 + $49.90 add-on = $548.90.
- Funded profit after 6 trading days: $4,000, with a stop on every trade and no day breaching the $5,000 daily limit.
- Your 90% share: $3,600.
- Fee refund added: $499 at least. The firm does not say whether the add-on price is refunded too.
- Payout requested on day 7: about $4,099 to $4,149, sent within 5 business days under the terms, or later if section 6.3 is invoked.
Example 5: scaling a 2-Phase $100K to the top level
| Level | Balance | Target to reach next level | Minimum days | Daily loss limit | Maximum loss |
|---|---|---|---|---|---|
| 1 | $100,000 | 10% = $10,000 | 5 | $5,000 (5%) | $10,000 |
| 2 | $125,000 | 15% = $18,750 | 10 | $5,000 (4%) | $12,500 |
| 3 | $156,250 | 20% = $31,250 | 15 | $6,250 (4%) | $15,625 |
| 4 | $195,312.50 | 25% = $48,828.13 | 20 | $5,859.38 (3%) | $19,531.25 |
| 5 | $244,140.63 | Top level | – | $7,324.22 (3%) | $24,414.06 |
Reaching Level 5 takes at least 50 trading days and about $108,800 of cumulative profit across the four steps, and every step is subject to a risk review. Note that the daily limit at Level 4 ($5,859) is barely above Level 1’s $5,000, even though the account is almost twice the size.
FundedFast platforms and app
FundedFast runs on one platform: Match-Trader, on web, desktop and mobile, with built-in TradingView charts and one login for all your accounts. MetaTrader 4, MetaTrader 5, cTrader and NinjaTrader are not offered, and since expert advisors are banned, there is no automated trading route either.
The firm also publishes a FundedFast app on the App Store (category Education, rated 18+, developer Memento Enterprises Limited, too few ratings to show a score) and Google Play (100+ downloads). The listings describe live charts, a performance dashboard and access to the trader room. Support is offered in six languages: English, Portuguese, Spanish, Japanese, Italian and German.
FundedFast restricted countries
Terms section 12.1 bars residents of these 40 jurisdictions from buying a challenge or taking part in the competitions:
Afghanistan, Albania, Barbados, Belarus, Burkina Faso, Cabo Verde, Congo (Democratic Republic), Congo (Republic), Côte d’Ivoire, Cuba, Eritrea, Ethiopia, Haiti, Iran, Iraq, Jamaica, Jordan, Kyrgyzstan, Lebanon, Liberia, Libya, Mongolia, Mozambique, Myanmar, Nicaragua, North Korea, Pakistan, Palestine, Panama, Russia, Senegal, Seychelles, Sier