What is The Funded Room?
The Funded Room is a proprietary trading firm launched by educator Mayank Raj, known for “The Trade Room” community. Gaining notable traction in 2025 and 2026 due to its founder’s visibility, the firm offers traders simulated capital in exchange for an 80% profit split.
While the firm provides popular features like instant funding and unlimited time evaluations, it has also garnered polarized reviews within the trading community, making it a firm that requires careful due diligence before joining.
Challenge Types & Account Models
The Funded Room offers a standard array of funding pathways designed to accommodate different levels of trader experience:
2-Step Evaluations
- The traditional model requiring you to pass two phases of profit targets.
- Generally offers the most affordable entry price (starting around ~$59).
- Unlimited time to pass, reducing pressure on traders.
1-Step Evaluations
- Pass a single profit target to secure funding.
- Slightly higher entry cost but a faster route to live payouts.
Instant Funding
- Skip the evaluation entirely.
- Higher upfront cost, but allows you to earn on your very first trade.
Pricing & Profit Split
- Price From: ~$59 (for the smallest tier 2-step evaluation).
- Max Account Size: Usually caps at $200K for standard evaluations.
- Profit Split: A standard, competitive 80% profit split across funded accounts.
- Fee Refund: One of the firm’s attractive features is that your initial evaluation fee is 100% refundable upon your third successful profit payout.
Payout Rules & Process
The payout structure at The Funded Room requires patience and consistent trading:
- First Payout Eligibility: You must complete a minimum of 7 trading days in the funded phase.
- What Counts as a Trading Day? To prevent traders from simply opening and closing micro-lots to bypass the rule, the firm requires your account balance to move by at least 0.25% (profit or loss) from the daily start balance for the day to count.
- Minimum Withdrawal: Payouts must be at least $100.
Key Trading Rules to Watch
This is where many traders stumble. The Funded Room has strict risk management rules that must be followed:
- Consistency Rule: This is the most critical rule. No single trading day’s profit can exceed 15% of your total accumulated profits. If you make a massive windfall in one day, it will violate consistency requirements and potentially void your payout.
- Drawdown Limits: Standard maximum daily loss (typically 3% to 5%) and total maximum drawdown (often 6% to 10%) apply, depending on the account type.
- Risk Per Trade: Strict caps are placed on the amount of capital you can risk on a single trade (often capped at 3%), and stop-losses may be mandatory depending on the challenge tier.
Pros
- Founder Visibility: Backed by a known trading educator, providing a face to the company.
- Unlimited Time: No pressure to hit profit targets within 30 days.
- Refundable Fee: 100% refund of the challenge fee upon reaching your third payout.
- Instant Funding Options: Available for traders who want to skip the evaluation.
Cons
- Mixed Reputation: A significant number of negative Trustpilot reviews cite slow customer service and payout frustrations.
- The 15% Consistency Rule: Highly restrictive for swing traders or traders who rely on catching a few massive moves a month.
- 0.25% Trading Day Definition: Can be frustrating if a trader has a break-even or very low volatility day, as it will not count toward the 7-day payout requirement.
- New Firm: Lacks the 5+ year track record of Tier 1 prop firms.
Verdict
The Funded Room offers standard, relatively competitive parameters for modern prop trading, highlighted by the promise of fee refunds after three payouts and 80% splits. The backing of a known trading community leader provides some initial trust.
However, the 15% consistency rule is a major hurdle that will penalize traders who have outsized winning days. Coupled with the polarized reviews regarding their payout processing and customer support, it is highly recommended to start with their smallest account tier. Test their proprietary dashboard, execution quality, and payout speed yourself before committing significant capital or time to their larger challenges.
