Nordic Funder Prop Firm Review – What You Need to Know in 2025
Established in November 2021, Nordic Funder is a proprietary trading firm based in Sweden, led by founder David Nudleman. It offers funded accounts from $25,000 to $400,000, scalable to $1 million, with profit splits up to 90%. Traders can trade forex, indices, commodities, metals, and cryptocurrencies on the MetaTrader 4 (MT4) platform, hosted by regulated broker Scandinavian Capital Markets. With a 4.5/5 Trustpilot rating and a focus on trader-friendly rules, Nordic Funder aims to support trader success.
Nordic Funder Best suited for:
- Beginners: Simple one-step evaluation with no time limits.
- Experienced Traders: High capital access and up to 90% profit splits.
- Scalpers & News Traders: Flexible rules allowing news trading, scalping, and Expert Advisors (EAs).
Pros & Cons of Nordic Funder
Pros
High Profit Splits: Up to 90% with optional upgrades (default 50%).- Simple Evaluation: One-step or two-step challenges with a 10% profit target.
- No Time Limits: Trade at your own pace without inactivity penalties (30-day rule).
- Zero Commissions: No trading commissions on forex, metals, indices, or commodities.
- Scaling Plan: Double account size with each 10% profit target, up to $1 million.
- Regulated Partner: Uses Scandinavian Capital Markets for reliable execution.
Cons
Weekend trading not available on most accounts:- Payout timelines may vary based on verification speed:
How Does Nordic Funder Work? (Step-by-Step Guide)
- Select Account & Challenge: Choose One-Stage, One-Stage Pro, or Two-Stage ($25,000-$400,000).
- Pass Evaluation: Achieve a 10% profit target (One-Stage) or 8% in Phase 1 and 2% in Phase 2 (Two-Stage).
- Get Funded: Trade a live MT4 account with real profit potential.
- Earn Profits: Request payouts (75%-90% split) after 24 hours, then every 14 days.
Nordic Funder Account Types & Funding Options
- Account Sizes: $25,000, $50,000, $100,000, $200,000, $400,000, scalable to $1 million. Funding Models: One-Stage: 10% profit target, 10% max drawdown, 5% daily drawdown. One-Stage Pro: Similar to One-Stage, with higher profit split options. Two-Stage: 8% profit in Phase 1, 2% in Phase 2. Profit Splits: 50% default, upgradable to 90% for a fee. Fees: $250-$750, non-refunded unless upgraded
- add-ons for higher splits or rule removal (e.g., stop-loss).:
Profit Targets & Payouts
- Profit Targets: 10% (One-Stage) or 8% + 2% (Two-Stage).
- Payouts: Via bank transfer, minimum 2% profit, processed within days, bi-weekly after initial 24-hour period.
- Drawdown Limits: 10% overall, 5% daily, based on end-of-day equity.
- Comparison: Nordic Funder’s 5% daily drawdown aligns with The 5%ers, but its two-instrument rule and payout delays are stricter than FTMO or FundedNext.
Leverage & Trading Conditions
- Leverage: Up to 1:100 (forex), 1:50 (indices), 1:20 (crypto/metals).
- Lot Sizes: Must trade at least two instruments with near-equal lot sizes.
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Scalping
- news trading
- hedging
- copy trading
- Expert Advisors (EAs)
- automated strategies.
Restricted Trading Strategies
- High-frequency trading (HFT)
- arbitrage
- gambling practices
- exploiting platform errors
- trades under 5 minutes (for some payouts).
How Long Does It Take to Get Funded by Nordic Funder?
- Challenge Duration: No time limit
- 30-day inactivity rule applies.
- Evaluation Time: One-step can take days
- two-step may take weeks.
- Trader Feedback: Fast funding for compliant traders, but payout rejections and rule enforcement noted.
How Long Has Nordic Funder Been Around?
Operating since November 2021, Nordic Funder is Scandinavia’s largest prop firm, partnering with Scandinavian Capital Markets, regulated for over 8 years. It has funded traders globally, with payouts like $125,108 in a single week (July 2023). However, negative reviews highlight payout issues and strict rules.
Who Owns Nordic Funder? (Founder & Company Background)
Founder: David Nudleman. ? ? Headquarters: Sweden (Registration No. 969783-7335). ? ? Mission: Foster trader success with simple rules, scalable funding, and quality service. ? ? Regulation: Unregulated prop firm, uses regulated broker Scandinavian Capital Markets.
What Can You Trade with Nordic Funder? (Supported Markets & Assets)
Markets: Forex (70+ pairs), indices, commodities, metals, cryptocurrencies. ? ? Assets: EUR/USD, S&P 500, gold, silver, BTC, ETH. ? ? Restrictions: No weekend crypto trading, stop-loss required unless add-on purchased.
Does Nordic Funder Offer Education & Trader Support? (Learning Resources & Coaching)
Resources: Limited to rule explanations and FAQs, no comprehensive forex education. Development: Focus on risk management via scaling and drawdown rules. Community: Active on social media (@nordicfunder Instagram) and live chat. Coaching: None, traders must rely on external resources.
How Good is Nordic Funder’s Customer Support? (Response Time & Availability)
Channels: Live chat, email, social media. Response Time: Instant live chat, highly rated for responsiveness. Availability: 24/5 during market hours. Feedback: Praised for quick support but criticized for payout issues and account terminations.
Is Nordic Funder a Scam or a Legit Prop Firm?
Nordic Funder is legitimate, with Swedish registration, a 4.5/5 Trustpilot score (53 reviews), and payouts verified by traders (e.g., $56,054 max payout). However, concerns include high fees, a restrictive two-instrument rule and rejections for larger withdrawals, raising transparency issues.
Alternatives to Nordic Funder – How It Compares
- FTMO: Higher trust score, 90% split, stricter rules, no crypto or instant funding. The 5%ers: Up to 100% split, no crypto, excludes US traders. FundedNext: Similar crypto offerings, 15% challenge profit share, fewer restrictions.
Final Verdict – Should You Trade with Nordic Funder?
Nordic Funder is best for experienced traders seeking high capital, flexible trading styles, and a clear scaling plan to $1 million. Its one-step evaluation, zero commissions, and regulated broker partnership are strong draws. However, high fees, a low default profit split, restrictive rules (e.g., two-instrument trading), and payout complaints suggest caution. Thoroughly review contracts and consider alternatives before joining in 2025.
