Nordic Funder Prop Firm Review
Review Nordic Funder's funding model, risk rules, payout conditions, trading restrictions and overall trader fit.
Last verified: Oct 2026
At a glance
Our research score is based on trust, payout conditions, rule transparency and overall trader fit.
6.7
Company reputation, operating history and overall trust.
8.4
Payout process, timing and conditions.
8.2
Rule clarity and trader friendliness.
High
Perceived complexity of restrictions.
Company & Program
Rules & Restrictions
Is it suitable for you?
Particularly useful for traders who focus on XAUUSD, scalping and short-term execution.
Getting Paid
Account & Scaling
What we like
- Swedish-based prop trading company
- Roots connected to Scandinavian Capital Markets
- Programme launched in 2021
- Rebranded as Nordic Funder in 2022
- FX trading available
- CFD trading available
- Metals available
- XAUUSD / Gold available
- Indices available
- Oil available
- Crypto available
- Equities available
- One-Step available
- Two-Step available
- Three-Step available
- One-Step Lite available
- Two-Step Lite available
- Instant Funding Lite available
- Up to $500K staged FX & CFD account
- Accounts available from $25
- 80% standard profit split
- 90% profit split with add-on
- First withdrawal has no delay
- Payouts every 14 days after first withdrawal
- No recurring monthly fee
- No time limit to pass assessment
- Raw spreads
- $7 round-turn commission on FX and metals
- No commission on indices, oil and crypto
- Own EAs allowed
- EA approval not required
- No EA surcharge
- Own EA can be copied across accounts owned by the same trader
- Scalping is not generally prohibited
- No general consistency rule on staged FX accounts
- 20:1 leverage on FX and metals on staged accounts
- 10:1 leverage on indices
- 5:1 leverage on oil
- Up to 2:1 leverage on crypto
- Double Leverage add-on available
- Weekend holding add-on available
- Multiple asset classes
- Multiple trading platforms
- DXtrade available
- Match-Trader available
- cTrader available
- Human customer support
- Published payout examples available
- Scaling programme available
What to check
- Trustpilot score currently only 3.2/5
- Only 56 Trustpilot reviews
- Only 2 Trustpilot reviews in the last 12 months
- 14% of Trustpilot reviews are one-star
- Low independent review volume
- Trustpilot says the company has not recently invited customers to review
- Recent negative customer reports
- Historical controversy surrounding Tradiac
- Former Tradiac traders have reported dissatisfaction
- Payout-condition complaints exist
- Account-rule enforcement complaints exist
- Broad prohibited-practice framework
- HFT prohibited
- Latency arbitrage prohibited
- Stale-price exploitation prohibited
- Tick scalping based on feed lag prohibited
- Coordinated trading between different traders prohibited
- Commercial EAs are prohibited
- Community/shared strategies are prohibited
- Cross-account hedging is prohibited
- Weekend holding requires an add-on
- FX does not actually trade during weekends
- One-Step uses trailing maximum drawdown
- One-Step has 5% daily loss
- Two-Step requires two phases
- Two-Step has 4% daily loss
- Three-Step requires three phases
- Lite models use intraday trailing daily loss
- Instant Funding Lite has only 1% daily loss
- Crypto leverage is very low
- Equity leverage is very low
- FX and metals leverage is capped at 20:1 on standard staged tracks
- 30-day inactivity limit on staged FX/CFD accounts
- 14-day inactivity limit on crypto, equities and instant funding
- Assessment fee is non-refundable
- Funded programmes are simulated trading environments
- Current legal/contracting structure has changed
- Rules differ materially between programme types
- EA users must avoid execution-arbitrage strategies
- High-frequency M5 scalping may be affected by $7 round-turn commission
Trustpilot Overview
Independent community feedback and review statistics.
Active
Low review volume and recent negative reviews; Trustpilot notes the company has not recently invited customers to review
Swedish Prop Firm with Flexible Trading Rules and Strong EA Support but Elevated Reputation and Counterparty Risk
Nordic Funder is a Sweden-based proprietary trading programme with roots going back to Scandinavian Capital Markets and a funded-trader programme launched in 2021 before being rebranded as Nordic Funder. Its current product range is significantly broader than its older programme: staged FX & CFD accounts include One-Step, Two-Step, Three-Step, One-Step Lite and Two-Step Lite, while separate Crypto, Equities and Instant Funding Lite tracks are also available. The current One-Step FX & CFD programme has a 10% profit target, 6% trailing maximum drawdown and 5% EOD daily loss limit. Two-Step uses 10% + 5% targets, 8% static maximum drawdown and 4% EOD daily loss, while Three-Step uses 5% + 5% + 5% targets, 5% static maximum drawdown and 5% EOD daily loss. Profit share is 80% standard and can be increased to 90% with the profit-share add-on. The first withdrawal has no delay and subsequent payouts run every 14 days. Nordic Funder explicitly permits traders own EAs and algorithms on every account without an approval process or surcharge, although HFT, latency arbitrage, stale-price/tick scalping and coordinated cross-account strategies are prohibited. Weekend holding is available as an add-on, but only cryptocurrencies actually trade during the weekend. The biggest concern is reputation and counterparty risk rather than the headline trading rules. Trustpilot currently shows only 56 reviews with a 3.2/5 TrustScore, 77% five-star and 14% one-star reviews, with only two reviews in the last 12 months. There are also negative reviews connected to the former Tradiac business and complaints concerning payout conditions and account-rule enforcement. Therefore Nordic Funder can be attractive for disciplined traders and EA users, but I would classify its hidden risk as High until there is a much larger and more recent independent payout/reputation record.
Final Verification Checklist
Risk Rules
Confirm daily drawdown, overall drawdown and how floating losses are calculated.
Trading Restrictions
Check news trading, weekend holding, EA, copy trading and prohibited strategies.
Payout Conditions
Check eligibility, minimum profit, payout cycle and verification requirements.
Instruments
Confirm XAUUSD, Forex pairs, indices and other instruments available.
Platform
Verify MT4, MT5, cTrader, DXtrade or other supported platforms.
Legal Terms
Always read the current Terms & Conditions before purchasing.
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