FunderPro Coupon Code madtrades applies up to 30% discount on all trading evaluation accounts, and because that discount attaches to the purchase of an evaluation rather than to your profile as a customer, the question every existing account holder eventually asks is simple: does it still work the second time? This article looks at the offer from the point of view of someone who already holds, or has already held, a FunderPro evaluation or funded account — what a code can realistically do for you, what it cannot touch, and what your options are if the provider has limited it to first purchases.
What the discount is actually attached to
FunderPro is a proprietary trading firm based in Malta that sells evaluation accounts on simulated capital. You pay a fee, you attempt a profit target without breaching the risk rules, and if you succeed you 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 runs its own infrastructure across MT5, cTrader and TradeLocker.
That model matters here because it defines the boundary of any coupon. A discount code operates on the checkout price of an evaluation. It is a reduction on the entry fee — nothing more. It is not a credit on your account, not a rebate on a fee you already paid, and not an adjustment to any rule inside an account you are currently trading. If you bought an evaluation last month at full price, a code found today does not reach backwards to it.
What an existing holder can and cannot claim
Start with the things that are true regardless of eligibility rules, because they clear away most of the confusion.
A code cannot be applied retroactively to an evaluation you have already bought and are already trading.
A code cannot change the rules of an account already in progress. Daily drawdown, overall drawdown, profit targets and the prohibited-strategy list are set by the account type you purchased.
A code cannot convert a failed evaluation into a refund. Evaluation fees are generally non-refundable on a rule breach, and a discount reduces a sunk cost rather than recovering one.
A code cannot improve your performance reward percentage. Rewards are advertised up to 90%, with the Classic route showing 80% on funded accounts, and those figures come from the account type, not from how you paid.
A code can, in principle, reduce the price of the next evaluation you buy — which is the only purchase a coupon has any power over.
That last point is where eligibility comes in. Promotional terms, including whether a code is limited to first-time buyers or usable on repeat purchases, are set by the provider and are not something you can infer from the headline. The only reliable test is the checkout page itself: enter the code, and see whether the total moves.
The "up to" clause deserves a second look
Discounts in this sector are usually quoted as "up to", and up to 30% means the full percentage may apply only to certain account types or sizes. For a repeat buyer this cuts both ways. If your first purchase was one account type and your second is a different one — moving from a One Phase route to a Classic 2-Phase, for example, or from an evaluation to an instant account — the code may behave differently than it did before, even if your eligibility has not changed at all.
So do not carry forward the saving you remember. Read the discounted total on screen for the specific account you are buying now. If the code applies at the full rate, a 30% reduction means you pay 70% of the listed fee; if it applies partially, the number on the checkout page is the truth and the headline is not.
Scaling the saving to the purchase you are actually making
Evaluation fees scale with account size, so the absolute saving scales with it too. FunderPro offers account sizes from $5K to $200K, plus instant accounts that skip the evaluation entirely and start from around $79. A 30% discount on a $79 instant account is under $25; on a large two-phase evaluation it is a materially larger sum in cash terms, though the same proportion.
Existing holders are the group most at risk of letting that arithmetic pull them upward. Having passed a phase once, or having come close, the temptation is to buy a bigger account and let the discount soften the price. The discount applies at every account size, which means there is no cost advantage to buying larger — the percentage is the same, only the absolute figure grows, and so does the amount of at-risk money in play. Choose the size on the merits of your trading, then apply the code.
If the code will not apply to your account
Suppose you enter madtrades and the total does not move. There is no workaround worth attempting, and inventing one is a bad idea in a sector where terms are enforced at the payout stage. What you do have are structural choices that cost less than a discount saves.
Buy smaller. Because the discount is proportional, dropping to a smaller account size reduces your outlay by more than any coupon would have.
Consider the instant route. Instant accounts skip the evaluation entirely, starting from around $79, which changes the shape of the cost rather than discounting it.
Test the full cycle before scaling. Going through one complete pass — evaluation, funded account, and an actual withdrawal — tells you more about whether further purchases are worth making than any promotional rate does.
Re-read the prohibited-strategy list. Rules on news trading, hedging across accounts, copy trading and latency arbitrage vary between firms and are reviewed at the payout stage. Avoiding one breach preserves an entire fee.
Get identity verification finished early rather than at the point of your first payout request.
A checkout routine for repeat buyers
Decide the account type and size first, on trading grounds, before you look at any code — so that a discount does not upsize you.
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 the specific account you chose.
If the total does not change, treat the full price as the real price and decide again at that number.
Re-read the rulebook for the account type you are buying — daily drawdown, overall drawdown, prohibited strategies and payout requirements — because rules vary between account types and your previous account is not a reliable guide.
Confirm the current terms on the official site before completing the purchase.
What carries over from your first account, and what does not
Rules vary between account types at FunderPro, which is easy to forget once you are familiar with one of them. The One Phase route has a tighter daily drawdown limit, quoted at 3%. The Classic 2-Phase route uses a 10% target in phase one and 5% in phase two on a $100K account, with a 5% daily drawdown limit. A Pro 2-Phase variant is aimed at more experienced traders. Maximum overall drawdown is 10% across account types, and the firm advertises no trailing drawdown, meaning the loss limit is calculated from the starting balance rather than ratcheting upward as you profit — a genuinely trader-friendly rule and one of the better features on offer.
Payout processing is quoted at roughly one working day after approval, with daily, weekly or bi-weekly reward frequencies available. But payout review is a real stage, not a formality, and it applies to every account you hold. Familiarity with one account type does not exempt you from reading the terms of the next one.
Where this leaves you
For an existing holder, the honest summary is narrow. FunderPro is a CFD prop firm rather than a broker holding your capital or a regulated investment service; you are buying access to a challenge, you sit outside investor protection schemes, and the fee is at-risk money. Within that frame, a code can only ever reduce the entry price of your next purchase, and only if the provider's terms allow it to.
So the sequence is: decide whether you want another evaluation at all, and on what terms; pick the account type and size; then try madtrades and read the total. If it applies, you have paid less for the same product, which is an unambiguous benefit. If it does not, nothing about the underlying decision has changed — and the decision was never supposed to rest on the discount in the first place.
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.