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FundedBull

Explore available platforms, evaluation programs and payout rules.

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Score
4.8/10
Safety grade
C
Direct funding
Not available
Read full company overview
FundedBull is a Singapore-registered proprietary trading firm operated by RATERIGHT PTE. LTD. that funds traders through simulated-capital evaluations on CFDs. It offers one-step, two-step and three-step challenges across account sizes from $5,000 to $250,000, all with an unlimited trading period, a 5-day minimum trading requirement and 50:1 leverage, and pays a flat 90% profit split on its standard plans. Traders execute on DXtrade, MatchTrader or cTrader. The firm was founded by Desimir Paskalev, who spent over a decade at retail broker XM as Partner Relations Manager before launching FundedBull,.
Profit split90% on all standard challenge plans; 50% on Lite plans; 20% on the $1 promo 1-Step plan bought with code DOLLA
PayoutsFirst payout after 14 days, subsequent payouts every 7 days

Platforms

Trading platforms supported by FundedBull.

cTrader

Popular multi-asset platform for active traders.

Match Trader

A modern platform with advanced charting.

DXTrade

Trading platform supported by this firm.

Programs & evaluation

Choose from a range of evaluation programs with flexible profit splits and trading conditions.

Profit split
90% on all standard challenge plans; 50% on Lite plans; 20% on the $1 promo 1-Step plan bought with code DOLLA
Programs & evaluation
Multiple programs (see official website)

1 Step - $10K Account

Account size
$10K
Profit target
9%
Drawdown model
Static

2 Steps - $10K Account

Account size
$10K
Profit target
8%
Drawdown model
Static
View all 18 programs

3 Steps - $10K Account

Account size
$10K
Profit target
6%
Drawdown model
Static

1 Step - $5K Account

Account size
$5K
Profit target
9%
Drawdown model
Static

2 Steps - $5K Account

Account size
$5K
Profit target
8%
Drawdown model
Static

3 Steps - $5K Account

Account size
$5K
Profit target
6%
Drawdown model
Static

1 Step - $25K Account

Account size
$25K
Profit target
9%
Drawdown model
Static

2 Steps - $25K Account

Account size
$25K
Profit target
8%
Drawdown model
Static

3 Steps - $25K Account

Account size
$25K
Profit target
6%
Drawdown model
Static

1 Step - $50K Account

Account size
$50K
Profit target
9%
Drawdown model
Static

2 Steps - $50K Account

Account size
$50K
Profit target
8%
Drawdown model
Static

3 Steps - $50K Account

Account size
$50K
Profit target
6%
Drawdown model
Static

1 Step - $100K Account

Account size
$100K
Profit target
9%
Drawdown model
Static

2 Steps - $100K Account

Account size
$100K
Profit target
8%
Drawdown model
Static

3 Steps - $100K Account

Account size
$100K
Profit target
6%
Drawdown model
Static

1 Step - $250K Account

Account size
$250K
Profit target
9%
Drawdown model
Static

2 Steps - $250K Account

Account size
$250K
Profit target
8%
Drawdown model
Static

3 Steps - $250K Account

Account size
$250K
Profit target
6%
Drawdown model
Static

Payouts & rules

Get paid first payout after 14 days, subsequent payouts every 7 days with a variety of methods and clear rules.

Payouts
First payout after 14 days, subsequent payouts every 7 days
Payout frequency note
Terms 5.2.3: initial payouts are made after a 14-day period, with subsequent payouts processed within 7 days. Only non-breached accounts are eligible. A payout request locks trading on the account until the payout is executed, and on processing the maximum drawdown limit resets to the initial account balance.
Payout rules
On Demand
No
Profit split
90% trader / 10% FundedBull on standard plans (Terms 5.2.2); 50/50 on Lite plans (Terms 5.7.1)
Min Withdrawal
200
Payouts
Initial payout after a 14-day period, subsequent payouts processed within 7 days
First Payout Days
14
Payout Schedule Note
Terms 5.2.3 and /trading-rules. The first payout also requires a minimum of 5 trading days and the account must be held at least 14 days. Only non-breached accounts qualify, even where gains exist after the breach.
Min Trading Days For Payout
5
Fee Refunded On First Payout
No
Trading rules
Notes
Terms 4.6.4 discloses that the cTrader, MatchTrader and DXtrade platforms are operated with GT Tech LLC and that market data comes from Gooey Trade, confirming a white-label technology stack rather than an in-house platform.
Max Leverage
50:1 on all three challenge routes
Inactivity Rule
An account with no executed trades for more than 15 consecutive days may be closed and any remaining balance forfeited. Applies to both Challenge and Funded Accounts (Terms 6.1.17).
News Trading Note
Permitted, but trading is prohibited from 5 minutes before to 5 minutes after a news event (Terms 6.1.12 and /trading-rules). On Challenge Accounts the firm attributes the restriction to liquidity differences in the simulated environment.
Stop Loss Required
No
Allowed Instruments
Forex majors, minors and exotics, stock indices, metals, energies and cryptocurrency CFDs.
Challenge Time Limit
None. Trading period is unlimited on the 1-Step, 2-Step and 3-Step Challenges. The separate $1 DOLLA promo plan is the one exception, with a 14 calendar day limit.
Copy trading allowed
Not allowed
Drawdown Type Funded
On processing a payout request the maximum drawdown limit resets to the initial account balance (Terms 5.2). The funded panel on the homepage states 8% maximum loss and 4% maximum daily loss.
News Trading Allowed
Allowed
Drawdown Model Funded
static
Prohibited Strategies
Latency trading and exploitation of pricing errors; external or slow data feeds and gap trading; group trading across connected accounts including simultaneous opposite positions; manipulative software, artificial intelligence, ultra-high-speed or high-frequency trading and mass data entry; every form of arbitrage including triangular, statistical, latency, market-making, spatial, pairs, risk, convertible, volatility, dividend, tax and yield-curve arbitrage; guaranteed limit-order fills in low liquidity; unauthorised copy trading; third-party trading and account management; inconsistent position sizes; insider trading; front running; wash trading; market manipulation.
Consistency Rule Funded
The 2% risk-per-trade expectation and the prohibition on inconsistent position sizes are stated to apply to both Challenge and Funded Accounts (Terms 6.1.10 and 6.1.11). No percentage payout consistency cap is published.
Drawdown Type Challenge
Trailing on the 1-Step Challenge; Static on the 2-Step and 3-Step Challenges (Terms 4.1.1 to 4.1.3)
Drawdown Model Challenge
static
Consistency Rule Challenge
No percentage consistency cap is published. Two quantified rules do apply: a trading day only counts toward the 5-day minimum if it contributes at least 0.5% of the profit target, and traders are expected to follow a 2% rule risking no more than 2% of account equity per trade. Opening positions noticeably larger or smaller than the trader's other trades is prohibited.

What stands out

Published advantages and trade-offs to review before choosing a program.

Key benefits

Flat 90% profit split on all standard plans with no add-on purchase required. Three evaluation routes (1-Step, 2-Step, 3-Step) across six account sizes from $5,000 to $250,000. No time limit on any challenge (trading period is unlimited on all three routes) and no mandatory stop loss. News trading is permitted outside a 5-minute window either side of an event. Choice of three live platforms (DXtrade, MatchTrader, cTrader). Founder and CEO Desimir Paskalev is named on the firm's own About page with a stated decade at retail broker XM, which is more disclosure than most firms of this size offer.

Things to consider

Very thin public track record: the TrustPilot profile carries only 14 reviews at 3.6 and just 1 review in the last 12 months, and the firm has not replied to its negative reviews (including a September 2025 one-star review alleging a frozen account after passing). RATERIGHT PTE. LTD. is a Singapore-registered company but is NOT a regulated financial entity. Evaluation fees are explicitly non-refundable and are not returned on the first payout. Per-size pricing is not published on any server-rendered page: only the default 2-Step $25,000 combination is readable without operating the checkout app. Accounts are closed after 15 consecutive days of inactivity, and the promoted $1 DOLLA plan carries a much worse 20% profit split with a 14-day deadline.

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