FundingRock Prop Firm Review – What You Need to Know in 2026

FundingRock is a proprietary trading firm that operates a simulated trading environment under the brand name FundingRock, run by Mindwave Training Limited, a Cyprus company registered as HE 471803 with its registered office at 401/2 Ayias Elenis 36, Nicosia 1061. Co-founded in 2025 and led by CEO Meir Hefetz, the firm sells access to simulated funded accounts rather than live capital, and states plainly in its terms that it does not accept deposits or trade real financial instruments.

The catalogue is built around four evaluation models plus a limited-edition product. Instant accounts give a Prime (funded) account with no evaluation and no profit target from $70; the 1-Step challenge asks for a single 10% target and starts at $50; the 2-Step asks for 6% twice and starts at $40; Pay After You Pass charges $5 up front with a $100 to $999 activation fee only after you pass. Kokuyō is a limited run of 2,000 $200,000 instant accounts sold at a flat $200, or $500 for Kokuyō Pro.

Rewards start at an 80% share and can be raised to 95% with an add-on bought at checkout. Risk rules are tight and program-specific: an 8% balance-based trailing maximum loss on Instant and Pay After You Pass, a 6% trailing maximum loss on 1-Step, and a 6% static maximum loss on 2-Step, all paired with a 3% or 4% daily loss limit. Accounts run on TradeLocker and cTrader, and the firm publishes its rules in a public help centre rather than burying them in a PDF.

FundingRock Best suited for:

Traders who want funding immediately – instant funding accounts open straight onto a Prime account with no target to hit
Traders who would rather pay the bulk of the fee after passing – Pay After You Pass costs $5 to start, with the activation fee only due once the evaluation is complete
Price-sensitive traders – the 2-Step starts at $40 for a $5,000 account and $350 for a $100,000 account, among the cheaper two-phase entry points at this account range
Traders who want fast access to rewards – Instant, Pay After You Pass and Kokuyō accounts allow reward requests on demand rather than on a fixed cycle
Systematic traders who build their own tools – Expert Advisors are permitted where the trader owns the source code, on both TradeLocker and cTrader

Join FundingRock

Pros of FundingRock

Pros

Instant funding available with no evaluation and no profit target
Reward share upgradeable from 80% to 95% with a checkout add-on
Pay After You Pass starts at a $5 simulation fee, with the activation fee only after you pass
Instant reward requests on Instant, Pay After You Pass and Kokuyō accounts
No time limits and no minimum trading days on any evaluation program
Own-source-code Expert Advisors permitted
Held on both TradeLocker and cTrader

Cons

News trading restricted within two minutes before and after high-impact events on 1-Step and 2-Step
Weekend holding requires a paid add-on on every program
Funded-account consistency rule of 30% on 1-Step and 2-Step blocks reward requests until met
Kokuyō pays a maximum of $3,000 in rewards per account before the account is complete

How Does FundingRock Work? (Step-by-Step Guide)

Choose a program and an account size on fundingrock.com, then check out through the firm's checkout app, paying the challenge fee for an evaluation or the one-time entry fee for an instant account.
Complete KYC verification and sign the Trader Agreement. Instant and Kokuyō buyers are placed on a Prime account immediately, with no evaluation phase.
For 1-Step and 2-Step buyers, meet the profit targets inside the daily loss and maximum loss limits. The 1-Step needs 10% once; the 2-Step needs 6% in Phase 1 and another 6% in Phase 2, with no time limit on either.
After passing, submit the Prime account request from the dashboard. FundingRock states the Prime account is issued within up to 48 hours of approval, excluding weekends, for evaluated programs.
Trade the Prime account, then request a reward once eligibility, the minimum reward amount of $100 and any consistency rule are satisfied. Rewards are paid to Riseworks or in cryptocurrency.

FundingRock Account Types & Funding Options

Instant – six sizes from $5,000 to $200,000 at $70, $120, $200, $350, $600 and $1,100, with no evaluation and no profit target
1-Step – five sizes from $5,000 to $100,000 at $50, $80, $155, $270 and $450 for a single 1-step phase with a 10% target
2-Step – five sizes from $5,000 to $100,000 at $40, $60, $120, $210 and $350 for two 2-step phases, each with a 6% target
Pay After You Pass – five sizes from $10,000 to $200,000, each costing $5 to start, with an activation fee of $100, $180, $300, $500 or $999 payable only after the evaluation is passed
Kokuyō – a limited edition of 2,000 $200,000 instant accounts at a flat $200, or $500 for Kokuyō Pro, which raises the consistency ceiling from 20% to 50%
Every program is available on both TradeLocker and cTrader at the same price, so platform choice does not change the fee; add-ons for a 95% reward share, faster first reward, weekend holding, a lower profit target on 1-Step and a higher consistency limit on Instant are bought at checkout

Profit Targets & Payouts

Instant and Kokuyō accounts have no profit target at all – you trade a Prime account from day one
The 2-Step program requires 6% in Phase 1 and another 6% in Phase 2, on closed balance, with no time limit on either phase
The 1-Step program requires a single 10% profit target, and an add-on can lower it to 8%
Pay After You Pass requires a 3% profit target in its single evaluation phase before the activation fee becomes payable
The base reward share is 80%, raised to 95% by the Higher Reward Share add-on, which must be selected at checkout and cannot be added afterwards
On Instant, Pay After You Pass and Kokuyō, reward requests can be made immediately once the minimum reward of $100 and the consistency rule are satisfied
On the 1-Step and 2-Step Prime accounts the first reward is available 14 days after the first Prime trade, then every 14 days, or after 5 days with the Faster First Reward add-on
Rewards are paid via Riseworks or cryptocurrency, and Kokuyō accounts are capped at $3,000 of total rewards each before the account is complete

Leverage & Trading Conditions

Leverage on Instant, 1-Step and Pay After You Pass is 1:30 on forex, 1:8 on metals, 1:6 on indices, 1:3 on energy and 1:1 on crypto
Leverage on the 2-Step is higher, at 1:100 on forex, 1:15 on metals, 1:10 on indices, 1:5 on energy and 1:2 on crypto
Daily loss limits are 4% on Instant, 3% on 1-Step and 2-Step, and 4% only on the Pay After You Pass Prime account – its evaluation phase has no daily loss limit at all
Maximum loss is 8% on a balance-trailing basis for Instant, Pay After You Pass and Kokuyō, 6% trailing on the 1-Step, and a static 6% on the 2-Step
The trailing maximum loss only moves when a trade is closed at a new highest balance, and it locks permanently at the original starting balance once the first reward is requested

Allowed & Restricted Trading Strategies

Allowed Trading Strategies

Expert Advisors you wrote yourself, or whose source code you have full access to
Automated tools that support your own discretionary or systematic strategy
Forex, metals, energy commodities, stock index derivatives and the spot cryptocurrencies Bitcoin and Ether
Holding positions overnight on every program and Prime account
News trading on Instant, Pay After You Pass and Kokuyō, where there is no news restriction

Restricted Trading Strategies

Opening, closing or modifying a position within two minutes before or after a scheduled high-impact news event on the 1-Step and 2-Step programs
Holding any position over a weekend or market holiday without the Weekend Holding add-on – this is a hard breach, and positions must be closed before 21:00 UTC at the weekly close
Third-party or commercially distributed Expert Advisors used by multiple traders, and any EA whose source code you cannot access
High-frequency trading bots, tick scalping and any strategy designed to exploit execution speed
Hedging, arbitrage, copy trading, signal sharing or running the same strategy across multiple accounts
Letting another person trade the account, or any form of price manipulation and group coordination

How Long Does It Take to Get Funded by FundingRock?

Instant and Kokuyō accounts are usable as soon as KYC is complete – there is no evaluation phase to wait for
The 1-Step and 2-Step Prime account is issued within up to 48 hours of an approved request, excluding weekends, after KYC and the Trader Agreement
Pay After You Pass issues Prime credentials within a few minutes of the activation fee being paid, and there is no deadline for paying that fee after passing
There is no time limit on any evaluation phase, so a 1-Step or 2-Step challenge can run for as long as the trader needs within the loss limits
Rewards on the 1-Step and 2-Step Prime accounts become available 14 days after the first Prime trade, or 5 days with the Faster First Reward add-on

Does FundingRock Offer Education & Trader Support? (Learning Resources & Coaching)

FundingRock’s help centre provides written guidance on programme rules, loss limits, consistency, platforms, add-ons and reward eligibility. The available sources do not establish a formal academy, personal coaching or mentoring programme.

How Good is FundingRock's Customer Support? (Response Time & Availability)

FundingRock provides an official help centre covering programmes, trading rules, platforms, funded accounts, rewards and add-ons. Traders can use the firm’s support channels for account and challenge questions; the available public material does not establish a guaranteed response time.

Is FundingRock a Scam or a Legit Prop Firm?

FundingRock states that it operates simulated trading and educational services through Mindwave Training Limited, registered in Cyprus under company number HE 471803. Its terms state that it does not accept deposits or trade real financial instruments for customers. This supports describing the business as a simulated prop-trading provider, but should not be presented as proof that FundingRock itself is regulated by a financial-services regulator.

FundingRock is a real operating prop-firm brand with a public website, help centre and published terms.

Alternatives to FundingRock – How It Compares

FTMO – the regulated-style benchmark with a 2-step evaluation and long-standing payout record, if firm history matters more than instant access
The 5%ers – a longer-established alternative for traders who want a structured growth plan rather than pay-after-you-pass mechanics
FundedNext – a larger catalogue with frequent discounts, for traders comparing raw cost per $100,000 of simulated capital

Final Verdict – Should You Trade with FundingRock?

FundingRock offers Instant, 1-Step, 2-Step and Pay After You Pass routes on TradeLocker and cTrader, with up to 95% reward share through an add-on. The firm publishes detailed programme-specific rules and a public help centre. Traders should read the terms carefully because the loss limits, news rules, consistency requirements, payout timing and weekend permissions vary by programme and add-on.

FAQ

Who owns and operates FundingRock?

FundingRock is a trading name of Mindwave Training Limited, a company registered in Cyprus under number HE 471803 with its registered office at 401/2 Ayias Elenis 36, Nicosia 1061. The firm was co-founded in 2025 by Meir Hefetz, who is its CEO, and the same entity and executive are named in Finance Magnates coverage and in the firm's own press releases. Its terms state that it provides simulated trading and educational services and does not accept deposits.

What profit split does FundingRock offer?

The standard reward share is 80% of simulated profits, and an optional Higher Reward Share add-on raises it to 95%. The add-on has to be selected at checkout and FundingRock states it cannot be added after purchase, so the split is fixed for the life of the account at the moment you buy. Kokuyō accounts pay the same 80% by default, with the Pro variant priced at $500 instead of $200.

How much do FundingRock accounts cost?

Instant accounts cost $70, $120, $200, $350, $600 and $1,100 for $5,000 up to $200,000. The 1-Step runs from $50 to $450 across five sizes from $5,000 to $100,000, and the 2-Step from $40 to $350 across the same sizes. Pay After You Pass costs $5 up front for any size from $10,000 to $200,000, with an activation fee of $100 to $999 due only after you pass the evaluation.

How fast are FundingRock payouts?

On Instant, Pay After You Pass and Kokuyō accounts, reward requests can be made immediately once you meet the consistency rule and the $100 minimum reward, and Kokuyō pays up to $1,000 a day. The 1-Step and 2-Step Prime accounts make the first reward available 14 days after the first Prime trade and then every 14 days, or after 5 days with the Faster First Reward add-on. Rewards are paid through Riseworks or in cryptocurrency.

What are FundingRock's drawdown and daily loss limits?

Instant accounts use a 4% daily loss limit and an 8% balance-based trailing maximum loss. The 1-Step uses 3% daily and a 6% trailing maximum loss, while the 2-Step uses 3% daily and a static 6% maximum loss. Pay After You Pass has no daily loss limit during its evaluation phase, but a 4% daily limit and the same 8% trailing maximum loss apply once you are on the Prime account.

Is news trading allowed at FundingRock?

It depends on the program. Instant, Pay After You Pass and Kokuyō accounts allow unrestricted news trading, including through high-impact releases. On the 1-Step and 2-Step programs you may not open, close or modify a position in the two minutes before or after a scheduled high-impact event, although a position opened before that window can be held through it.

Can I hold trades over the weekend or use an EA?

Overnight holding is allowed on every program, but holding through a weekend or market holiday without the Weekend Holding add-on is a hard breach, and positions must be closed before 21:00 UTC at the weekly close. Expert Advisors are permitted if you wrote them yourself or have full source-code access; third-party commercial EAs, EAs without source access and high-frequency bots are prohibited.

What is FundingRock's consistency rule?

It is a reward-eligibility cap rather than a breach: no single trading day may account for more than the program's percentage of total profit when you request a reward. The rate is 15% on Instant and the Pay After You Pass Prime account, 30% on 1-Step and 2-Step Prime accounts, and 20% on Kokuyō, or 50% on Kokuyō Pro. It never applies during an evaluation phase, and exceeding it only delays the reward request.

What is FundingRock's maximum allocation and can it be scaled?

A single account is capped at $200,000 on the Instant, Pay After You Pass and Kokuyō programs, and at $100,000 on the 1-Step and 2-Step. FundingRock markets a total allocation of up to $1,000,000 per trader through scaling and multiple accounts, which is the figure to treat as the headline maximum. Kokuyō is deliberately different: it is limited to one account per trader and pays a maximum of $3,000 in rewards before the account is complete.

Can I get a refund from FundingRock?

FundingRock accepts refund requests within 14 days of purchase, provided the account has not been accessed or used for trading. Requests must be submitted in writing to support@fundingrock.com, and the firm reserves the right to refuse a refund once the account has been traded. Discounts and promotional offers cannot normally be combined unless the firm states otherwise.