FunderPro coupon code madtrades applies up to 30% discount on all trading evaluation accounts, which is a real reduction on a fee you will not get back if the challenge fails. That last clause is the reason to read the rules before the discount: the coupon changes what you pay to enter, not your probability of passing.
What Is FunderPro?
FunderPro is a proprietary trading firm based in Malta. It sells evaluation accounts on simulated capital; traders who hit a profit target without breaching the risk rules progress to a funded account and receive a share of the simulated profits as a performance reward. The firm reports having paid over $21 million to traders and operates its own trading infrastructure across MT5, cTrader and TradeLocker.
It is important to be accurate about the model. This is a CFD prop firm, not a broker holding your capital and not a regulated investment service. You are buying access to a challenge, and you sit outside investor protection schemes. The firm continuing to exist and honour payouts is itself a risk you carry.
The Account Types
One Phase — a single evaluation stage with a tighter daily drawdown limit, quoted at 3%.
Classic 2-Phase — the standard two-stage route, with a 10% target in phase one and 5% in phase two on a $100K account, and a 5% daily drawdown limit.
Pro 2-Phase — a variant aimed at more experienced traders.
Instant accounts — skip the evaluation entirely, starting from around $79.
Account sizes run from $5K to $200K. Maximum overall drawdown is 10% across account types, and FunderPro advertises no trailing drawdown — meaning the loss limit is calculated from the starting balance rather than ratcheting upward as you profit. That is a genuinely trader-friendly rule and one of the firm's better features.
Performance rewards are advertised up to 90%, with the Classic route showing 80% on funded accounts. Payouts are processed quickly — the firm quotes roughly one working day after approval — with daily, weekly or bi-weekly reward frequencies available.
What 30% Off Actually Saves
Evaluation fees scale with account size, so the absolute saving scales too. A 30% discount on a $79 instant account is under $25; on a large two-phase evaluation it is a materially larger sum. Either way, the discount reduces a sunk cost.
The arithmetic that matters is expected value across attempts, not the price of one. If you expect to need several attempts before passing — which is the realistic assumption for most traders — a 30% reduction lowers the total cost of that campaign by 30%. It does not lower the failure rate. Note also that discounts are usually quoted as "up to", meaning the headline percentage may apply only to certain account types or sizes; check what the checkout total actually shows.
Checks Worth Doing Before You Buy
Proprietary trading is a young sector with a high turnover of firms, and the discount is the least important variable in the decision. A few checks cost nothing and are worth more than any promotional rate.
Read the payout terms, not the payout marketing. Find the section of the terms covering how a withdrawal is reviewed, what can delay or reduce it, and what the firm treats as a prohibited strategy. This is the part that decides whether a profitable evaluation turns into money.
Check current independent reviews yourself. Sentiment in this sector moves quickly. Look at recent reviews on independent platforms and trader forums rather than at testimonials on the firm's own site, and weight the recent ones most heavily.
Understand the prohibited-strategy list. Rules on news trading, hedging across accounts, copy trading and latency arbitrage vary between firms and are enforced at the payout stage rather than at the point of trading.
Start small. The discount applies at every account size, so there is no cost advantage to buying a large evaluation before you have been through the firm's full cycle — including a withdrawal — at least once.
Treat the fee as at-risk money. Evaluation fees are generally non-refundable, and you are buying access to a simulated account rather than a regulated financial product.
How to Use the Coupon
Choose your account type and size before applying any code, so you are not upsized by the discount.
Add the evaluation to your cart and proceed to checkout.
Enter madtrades in the coupon or promo code field.
Confirm the discounted total is displayed before paying, and check whether the full percentage applied to your chosen account.
Read the rulebook — daily drawdown, overall drawdown, prohibited strategies and payout requirements — before placing a trade.
Complete any identity verification early rather than at the point of your first payout request.
Pros and Cons
Pros
No trailing drawdown, which is materially fairer than ratcheting alternatives
Fast payout processing, quoted at around one working day after approval
Multiple routes including one-phase, two-phase and instant funding
Three platform choices rather than MT5 only
Large published payout volume
Cons
Evaluation fees are non-refundable on a rule breach
Payout review is a real stage — read the prohibited-strategy list before trading
Rules vary between account types
Not a regulated financial product; the fee is at-risk money
Verdict
If you have already decided to buy a FunderPro evaluation, use madtrades — a discount on a non-refundable fee is the one unambiguous benefit available to you, and it costs nothing to apply.
Deciding whether to buy one at all is the harder question, and the discount should not be what answers it. Read the payout terms and the prohibited-strategy list in full, check current independent reviews, and buy the smallest account that lets you test the whole cycle first.
Trading carries a substantial risk of loss and is not suitable for every investor. Evaluation fees are generally non-refundable unless the provider's terms state otherwise. Nothing here is financial advice.
Promotional terms, eligibility and values are set by the provider and can change at any time. Always confirm the current terms on the official site before signing up or completing a purchase.