FundingRock is a forex and crypto prop firm operated by Mindwave Training Limited, a company registered in Cyprus. It sells evaluation accounts and instant-funded accounts from $5K to $200K, runs them on TradeLocker and cTrader, and pays traders in crypto only. Its programs differ in more than price: the Instant and 1-Step accounts use a trailing maximum loss, while the 2-Step uses a static one, and each path carries its own leverage cap and consistency rule. On paper the 2-Step has the strongest terms: the lowest cost per $10K, a static drawdown and the highest leverage cap. The main trade-offs across the firm are crypto-only payouts, trailing drawdowns on the Instant and 1-Step accounts, and a Trustpilot profile split between five-star and one-star reviews.
Who operates FundingRock
The firm trades under the fundingrock.com domain and publishes its program rules through a help center. The trader pays a one-time fee for a challenge or account; FundingRock sets the trading rules and, once the trader qualifies, shares the profits.
FundingRock describes four main program paths in its help center:
- Pay After You Pass
- 1-Step
- 2-Step
- Instant
The firm has also published guidance on an Instant Prime Account route, and it documents Pay After You Pass as a separate path.
FundingRock programs compared
Each program has a fixed rule set that applies to every account size within it. The account size changes the price and the dollar value of each percentage limit, but not the percentages themselves.
Several terms need confirming in FundingRock’s rule text before buying: the pricing and rules of Pay After You Pass; the profit split, loss limits and payout schedule of the Kokuyō limited edition; whether a trailing limit follows closed balance or floating equity, and whether it stops trailing at some level; which consistency threshold applies to a standard 2-Step, since the 30% figure is tied to “2-Step Prime accounts”; and the leverage on crypto, which prop firms often set separately from forex.
Instant accounts
Instant accounts skip the evaluation. There is no profit target and no minimum number of trading days, and payouts are made by instant withdrawal.
- Account sizes: $5K, $10K, $25K, $50K, $100K, $200K
- Daily loss limit: 4%
- Maximum loss: 8%, trailing
- Leverage: up to 1:30
- Consistency rule: 15%, or 20% with an add-on
1-Step Challenge
The 1-Step is a single evaluation phase.
- Account sizes: $5K to $100K
- Profit target: 10%
- Daily loss limit: 3%
- Maximum loss: 6%, trailing
- Leverage: up to 1:30
- Consistency rule: 30%
- Minimum trading days: 0
The target is large relative to the drawdown. A 10% target against a 6% maximum loss gives a target-to-drawdown ratio of 1:0.6, so the trader has to make more than one and a half times the amount they are allowed to lose. Because the 6% limit trails, the room to lose can also shrink as the account grows.
2-Step Challenge
The 2-Step splits the evaluation into two phases with equal targets.
- Account sizes: $5K to $100K
- Profit target: 6% in phase one, 6% in phase two
- Daily loss limit: 3%
- Maximum loss: 6%, static
- Leverage: up to 1:100
- Consistency rule: 30% (see the consistency rule section)
- Minimum trading days: 0
- Time limit: unlimited on the $100K 2-Step
Each phase’s target equals the maximum loss, a 1:1 ratio. Together with the static drawdown and the higher leverage cap, this makes the 2-Step the most forgiving structure on paper. The trade-off is that the trader has to pass twice.
Kokuyō limited edition
FundingRock also offers a Kokuyō (黒曜) limited edition account: a $200K Instant account priced well below the regular $200K Instant, with the Instant consistency wording and no minimum trading days. Its remaining terms may differ from the standard Instant account.
Trailing vs. static maximum loss
The type of maximum loss affects how much room you have more than the headline percentage does.
A static maximum loss fixes the failure level at a set distance below the starting balance. Take a hypothetical $100K 2-Step account with a 6% static limit, assuming the limit is measured from the initial balance. The floor is $94,000, and it stays there however much the account gains. If the trader grows the account to $105,000, the room to lose widens to $11,000.
A trailing maximum loss moves the failure level up as the account makes new highs. Take a hypothetical $100K 1-Step account with a 6% trailing limit. The starting floor is also $94,000. If the account climbs to $104,000, the floor could rise to $98,000, so a 6% drop from the peak ends the account even though it is still above its starting balance.
In practice, a trailing limit penalizes giving back open profit, which matters for swing traders and anyone who lets winners run. A static limit lets profits build a cushion.
The consistency rule
FundingRock applies a consistency rule to the funded accounts of all three programs, with different thresholds; its 1-Step page says there is no consistency rule during the evaluation itself:
- Instant: 15%, or 20% with the add-on
- 1-Step and 2-Step Prime accounts: 30%
If the rule caps the largest single day’s share of total profit, then in a hypothetical example a trader with $5,000 in total profit could make no more than $750 on one day under a 15% cap, or $1,500 under a 30% cap. On an account marketed around instant withdrawals, a single large winning day could hold up a payout until additional profit brings that day’s share under the cap.
Costs
Challenge fees are one-time charges. Current prices reflect a 30% discount from list prices; the $100K 2-Step, for example, costs $245 against a $350 list price. Discounts change, so the list price is the safer basis for budgeting.
The more useful comparison is cost per $10K of account size. At the discounted prices:
- 2-Step $100K at $245 works out to $24.50 per $10K.
- 1-Step $100K at $315 works out to $31.50 per $10K.
- Instant $100K at $420 works out to $42 per $10K.
- Instant $5K at $49 works out to $98 per $10K.
Larger accounts cost less per $10K within each program, and at the same size the Instant account costs roughly 1.7 times the 2-Step. That premium pays for skipping the evaluation, and it buys a trailing drawdown and a tighter consistency rule.
Leverage and instruments
FundingRock offers forex and crypto. Leverage depends on the program:
- Instant and 1-Step: up to 1:30
- 2-Step: up to 1:100
On a $100K account, 1:30 allows up to $3 million of notional exposure and 1:100 up to $10 million. Leverage does not change the loss limits: a 3% daily limit on a $100K account is $3,000 either way. The higher cap matters mostly for traders who run several positions at once or trade larger lot sizes on tight stops, where margin can run out before risk does.
Payouts
The headline profit split is 80%, rising to 95% with an add-on. Payout timing depends on the program:
- Instant accounts: instant withdrawal
- 1-Step and 2-Step funded accounts: every 14 days
FundingRock reports a processing time of 6 hours and a cumulative $6.3 million paid to traders, which places it 39th of 50 among firms that publish a payout total. The total reflects the firm’s size and age as much as its reliability, and it says nothing about how individual payout requests were handled.
Payouts are made only in crypto. You will need a wallet that supports the asset and network the firm pays in. Network fees and conversion costs reduce what reaches your bank account, and the value of a crypto payout can move between receipt and conversion. Traders who need bank transfers or card payouts would have to look elsewhere.
For a rough sense of the split, take a hypothetical funded account with $4,000 in profit. At 80%, the trader’s share is $3,200; at 95%, it is $3,800. The add-on is worth its cost only if your expected profits are large enough for the extra 15 percentage points to cover it.
What the Trustpilot reviews show
FundingRock holds a 3.7 Trustpilot rating from 229 reviews (read 13 November 2026). The distribution is split rather than clustered in the middle:
- 140 five-star reviews (about 62%)
- 23 four-star
- 4 three-star
- 6 two-star
- 54 one-star reviews (about 24%)
Only 10 reviews fall in the two- and three-star range, so most reviewers rated the firm either very well or very poorly. Reading a sample of the one-star reviews, especially recent ones that mention payouts or rule breaches, shows whether the complaints concern your intended program.
Strengths and trade-offs
Where FundingRock stands out on paper:
- A choice of no-evaluation (Instant), one-phase and two-phase paths, plus a Pay After You Pass option documented by the firm
- A static 6% maximum loss and a 1:1 target-to-drawdown ratio on the 2-Step
- No minimum trading days on the challenge accounts, and no time limit on the $100K 2-Step
- Instant withdrawals on Instant accounts and a firm-reported 6-hour processing time
- Low entry prices, starting in the tens of dollars for $5K accounts
Where it asks more of the trader:
- Trailing maximum loss on both the Instant and 1-Step programs
- A 10% target against a 6% trailing limit on the 1-Step
- A 15% consistency threshold on Instant accounts, tighter than the 30% on the other programs
- Leverage capped at 1:30 outside the 2-Step
- Crypto as the only payout method
- Two platform choices, TradeLocker and cTrader, which rules out traders tied to other terminals
- A Trustpilot profile with a large one-star minority
How we checked FundingRock
We visited fundingrock.com on 13 November 2026, connecting from Tallinn, Estonia. The address took us to www.fundingrock.com, where a live chat widget sat on the home page. We scrolled to the footer, then opened the About Us page, the terms and conditions, the 1-Step and 2-Step challenge pages, a “Black November” sale page advertising 30% off every program, the help center and the trading platform page. On both challenge pages we clicked through the $5K, $10K, $50K and $100K sizes to reveal the plan details.
The 2-Step page listed a fee of $60 for the 10,000 account and $350 for the 100,000 account. Its rules were a 6% target per phase, a 3% daily loss limit and a 6% static maximum loss. The 1-Step page showed a $155 fee on the 25,000 account and a 10% target. Two rules stood out. News trading is restricted within 2 minutes before and after high-impact news events, and the terms and conditions terminate any account with no trading activity for more than 30 consecutive calendar days. Clicking “Get Started” sent us to an onboarding page on checkout.fundingrock.com. We stopped there. Because we did not buy anything, we cannot say what that flow asks for before payment.
The footer names Mindwave Training Limited, company registration number HE 471803, with a registered office at 401/2 Ayias Elenis 36, Nicosia 1061, Cyprus. The site shows no licence number and no risk warning. A company registration is not a financial licence, so there was no claimed licence for us to look up, and we did not run a register check on the company itself. For now, the Cyprus details rest on the firm’s own statement.
On 13 November 2026 we read the Trustpilot profile. It showed 3.7/5 from 229 reviews, with 62% five-star and 24% one-star ratings, and the company had claimed the profile. The domain was registered on 2023-07-27, but the Wayback Machine’s first capture dates to 2003-06-23, which may belong to an earlier owner. We could not verify the advertised 6 hours average reward processing or the $6.3M+ in approved rewards. Both figures come only from FundingRock’s home page.
Who FundingRock may suit
The 2-Step fits traders who want the lowest cost per $10K and a fixed drawdown floor, and who are comfortable passing two 6% phases. The 1-Step suits traders who are confident about reaching 10% without giving back much open profit, since the trailing limit leaves little slack. The Instant account suits traders who would rather pay more to start funded and withdraw immediately, provided their results come from steady daily gains rather than a few large days, because of the 15% consistency rule.
FundingRock is a weaker fit for futures traders, who can compare dedicated futures prop firms, for anyone who needs fiat payouts, and for traders who rely on platforms other than TradeLocker or cTrader. Traders drawn mainly to the no-evaluation model can weigh FundingRock’s Instant terms against other instant funding prop firms.
Alternatives
| Provider | Score | Fee | Split | Payouts | |
|---|---|---|---|---|---|
| 7.1/10 | $109 | 80% | Every 7 days | Review | |
| 7.9/10 | $38 | 80% | weekly from $100+ after 5 profitable days | Review | |
| 7.1/10 | $285 | 70/30 | 14 days | Review |
FAQ
Is FundingRock the same as "Funded Rock" or "FundedRock"?
The firm covered here trades as FundingRock at fundingrock.com and is operated by Mindwave Training Limited in Cyprus. Before paying, confirm that the website and legal entity match these details, since similarly named sites are easy to confuse.
Sources
- help.fundingrock.com/en/articles/15787595-which-program-is-right-for-m
- help.fundingrock.com/en/articles/15770265-what-account-sizes-are-avail
- trustpilot.com/review/fundingrock.com
- help.fundingrock.com/en/articles/15749219-how-does-fundingrock-work
- help.fundingrock.com/en/articles/15770491-do-all-fundingrock-programs-
- trustpilot.com/review/rocksolidfunding.com