FunderPro Coupon Code madtrades applies up to 30% discount on all trading evaluation accounts, and the questions people ask about it tend to fall into a few predictable groups: what the code actually does, what it does not do, where to type it, and what to check before paying. This article works through those questions one at a time. The short version is that the code reduces the entry fee on a challenge, and that fee is money you will not get back if you breach a rule — so the discount is worth applying, but it is not the thing that should decide whether you buy at all.
Questions about the discount itself
What does the code actually give me?
Up to 30% off all trading evaluation accounts. The word that does the work in that sentence is "up to". Discounts phrased this way often mean the headline percentage applies to certain account types or sizes rather than uniformly across the range. The only way to know what you personally get is to look at the total the checkout displays after the code is accepted, not at the figure in the promotional copy.
How much money is that in practice?
It scales with what you buy, because evaluation fees scale with account size. FunderPro's instant accounts start from around $79, and 30% off a fee at that level is under $25. On a large two-phase evaluation the same percentage is a materially bigger number. The mechanics are simple: a 30% reduction means you pay 70% of the listed fee, so whatever the sticker price, you keep just under a third of it.
Does the discount improve my chances of passing?
No. This is the single most important distinction to hold onto. The coupon changes the price of entry and nothing else. The profit targets, the drawdown limits and the payout review process are identical whether you paid full price or the discounted price. A cheaper challenge is still a challenge.
So where is the real benefit?
In the arithmetic across attempts rather than the price of one. Most traders who go down this route should realistically assume they may need more than one attempt before passing. If that is your expectation, a 30% reduction lowers the total cost of the whole campaign by 30% — three attempts at the discounted rate cost roughly what two-and-a-bit attempts would have cost at full price. That is a genuine saving on a sunk cost, and it is the honest case for using the code.
Questions about FunderPro as a firm
What kind of company is this?
FunderPro is a proprietary trading firm based in Malta. It sells evaluation accounts on simulated capital. Traders who reach 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 runs its own trading infrastructure across MT5, cTrader and TradeLocker.
Is this a broker? Is my money protected?
It is a CFD prop firm, not a broker holding your capital, and not a regulated investment service. What you are buying is access to a challenge, and you sit outside investor protection schemes. That means the continued existence of the firm and its willingness to honour payouts is itself a risk you carry, separate from the trading risk. Treat the fee as at-risk money rather than as a deposit.
Which account routes exist?
There are several, and the coupon covers evaluation accounts across the range:
One Phase — a single evaluation stage, with a tighter daily drawdown limit quoted at 3%.
Classic 2-Phase — the standard two-stage route, showing a 10% target in phase one and 5% in phase two on a $100K account, with 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.
What is the no trailing drawdown point about?
FunderPro advertises no trailing drawdown, meaning the loss limit is calculated from the starting balance rather than ratcheting upward as your account grows. Under a trailing model, profit raises the floor beneath you and a normal pullback can end the account even though you are up overall. A fixed floor is more forgiving of ordinary volatility, and it is one of the firm's better features.
What do payouts look like?
Performance rewards are advertised up to 90%, with the Classic route showing 80% on funded accounts. Processing is quoted at roughly one working day after approval, and daily, weekly or bi-weekly reward frequencies are available. The phrase to notice is "after approval" — approval is a review stage, not an automatic step.
Questions about using the code at checkout
Where do I enter it?
In the coupon or promo code field at checkout. On most purchase flows this field sits near the order summary, sometimes collapsed behind a small link labelled "have a code?", so it is easy to scroll past. Type madtrades exactly, without extra spaces, and let the page recalculate before you enter payment details.
What order should I do things in?
Decide the account type and size first, before you look at any discount, so the saving does not talk you into a bigger account than you intended.
Add the evaluation to your cart and go to checkout.
Enter madtrades in the coupon or promo code field.
Confirm the discounted total is displayed on screen before you pay, and check whether the full percentage applied to the option you chose.
Read the rulebook — daily drawdown, overall drawdown, prohibited strategies and payout requirements — before you place a single trade.
Complete identity verification early, rather than discovering it as an obstacle at your first payout request.
What if the code does not seem to apply in full?
That is consistent with an "up to" offer, where the top percentage may be tied to particular account types or sizes. Compare the pre-discount and post-discount totals shown at checkout and decide on the basis of what you would actually pay. If the number on screen does not match what you expected, the number on screen is the one that governs.
Questions about what to check before paying
What matters more than the discount?
The payout terms. Find the part of the terms describing how a withdrawal is reviewed, what can delay or reduce it, and what the firm treats as a prohibited strategy. This is the section that determines whether a profitable evaluation turns into money, and it is worth more attention than any promotional rate.
Which rules catch people out?
The prohibited-strategy list. Rules on news trading, hedging across accounts, copy trading and latency arbitrage vary between firms, and they are typically enforced at the payout stage rather than at the moment the trade is placed. A strategy that runs without interruption for weeks can still be flagged when you ask to withdraw. Read that list before you build a plan around any technique that might sit near a boundary.
How do I judge the firm's reputation?
Look at recent independent reviews and trader forums rather than testimonials on the firm's own site, and weight the newest ones most heavily. Proprietary trading is a young sector with high turnover among firms, and sentiment moves quickly, so a review from a year ago tells you less than one from last month.
Should I buy the biggest account I can afford?
There is no cost advantage in doing so, because the discount applies at every account size. The sensible approach is to buy the smallest account that lets you test the whole cycle — evaluation, funded stage, verification and an actual withdrawal — at least once. You learn more about a firm from completing one full loop at a modest size than from a larger account you have not yet tested the back end of.
Questions about the trade-offs
Set against each other, the strengths and weaknesses are reasonably clear.
In favour: no trailing drawdown, which is materially fairer than ratcheting alternatives; 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; a large published payout volume.
Against: evaluation fees are non-refundable on a rule breach; payout review is a real stage with a prohibited-strategy list behind it; rules differ between account types, so experience with one route does not transfer cleanly; and this is not a regulated financial product, so the fee is at-risk money.
The short answer
If the decision to buy a FunderPro evaluation has already been made, applying madtrades is straightforward: a discount on a non-refundable fee is the one unambiguous benefit available, and entering a code costs nothing. The harder question — whether to buy an evaluation at all — should be answered by the payout terms, the prohibited-strategy list and current independent reviews, in that order. Read those in full, start at the smallest size that lets you test the complete cycle, and let the coupon do the only job it can do, which is reduce the price of entry.
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.

