# Funded Fast — rules, pricing and payouts

> Funded Fast — proprietary trading firm tracked by Prop Firm Pal.

**Source:** https://propfirmpal.com/firms/unverified/funded-fast  
**Generated:** 2026-10-07  
**Publisher:** Prop Firm Pal — independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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## Key terms
| Field | Value |
| --- | --- |
| Verification | Sourced from the firm’s own website, not verified |
| Community rating | no reviews yet |
| Evaluation types | not published |
| Cost to a $100,000 funded account | not published |
| Cheapest entry price | not published |
| Instant funding | not offered |
| Account sizes | not published |
| Maximum profit split | not published |
| Phase 1 profit target | not published |
| Daily drawdown | not published |
| Maximum drawdown | not published |
| Platforms | not published |
| Instruments | not published |
| Payment methods | not published |
| Payout methods | not published |
## Is Funded Fast legit?

Prop Firm Pal has not verified Funded Fast, so this is not an endorsement: it is what the record shows. Its own pages name the operating company as Memento Enterprises Limited, in Attard, Malta. It was founded in 2024. Its website has been active in Prop Firm Pal's monthly traffic record since November 2025, and traffic over the last three months is growing fast. Its payout policy is published, and summarised on the Payouts tab.

| Record | What we hold |
| --- | --- |
| Company | Memento Enterprises Limited |
| Founded | 2024 |
| Headquarters | Attard, Malta |
| In our traffic record | Since November 2025 (11 months) |
| Traffic, last three months | Growing fast (+63% to September 2026) |

- Company: "FundedFast is the trading name of Memento Enterprises Limited , a company registered in Malta under company registration number C 109385 , with registered address at 55 Triq Ir-Ruzell, Attard, ATD 1500, Malta." — https://fundedfast.com/terms
- Founded: "In 2024, FundedFast was founded with a clear mission: to break down the barriers that prevent skilled traders from accessing the capital they need to succeed." — https://fundedfast.com/about-us
- Headquarters: "Today, with our headquarters in Malta and offices in Barcelona and Hong Kong, we're expanding globally to empower traders everywhere." — https://fundedfast.com/about-us

## What this firm publishes

FundedFast is a Malta-based forex and multi-asset prop firm, founded in 2024 and run by Memento Enterprises Limited, that sells a 1-Phase and a 2-Phase challenge with no time limit and account sizes up to $400,000. Its pitch is a low entry fee that comes back: the 2-Phase starts at $49, and the fee is refunded in full with the first payout after passing. Every account trades forex, stocks, crypto, indices, metals and energy on MatchTrader.

The 1-Phase challenge has a 10% profit target; the 2-Phase asks for 8% then 5%. Both use a 5% daily loss limit that resets at 21:00 UTC and counts open losses, and a static 10% maximum drawdown measured from the starting balance, which still applies once funded. Each phase needs at least 3 trading days with a trade on each. The FundedFast rules that catch traders out: a 3% per-trade risk cap, a mandatory stop loss on every funded trade, no new positions within 5 minutes of major scheduled news, no trades closed in under 15 seconds, and bans on EAs, copy trading, martingale and grid strategies. A 50% consistency rule raises the target when one day makes more than half of it, rather than failing the account. Phase 2 must be activated within 30 days of receiving login details.

The standard profit split is 80/20. A checkout add-on raises it to 90% on $50,000+ 1-Phase and $100,000+ 2-Phase accounts, and a second add-on lifts maximum drawdown to 20% on the same sizes. Funded traders can request a payout every 7 days, with at least 5 trading days between requests, by PayPal, bank transfer or crypto; FundedFast says most are processed within 24-48 hours, at most 5 business days. KYC is needed only before the first payout. A 2-Phase $5,000 account is listed at $49, $50,000 at $299 and $400,000 at $1,799. The fee is not refunded on failure, and the 14-day cooling-off refund ends once trading starts. Two-Phase funded accounts can scale in five levels to 2.44 times the starting balance.

_Compiled from Funded Fast's own published pages, retrieved 2026-09-14. Not independently verified by Prop Firm Pal._

| Field | Value | Source |
| --- | --- | --- |
| legalName | Memento Enterprises Limited | [published page](https://fundedfast.com/terms) |
| foundedYear | 2024 | [published page](https://fundedfast.com/about-us) |
| headquarters | Attard, Malta | [published page](https://fundedfast.com/about-us) |
| ceo | Andrea Faleburle (Managing Director) | [published page](https://fundedfast.com/about-us) |
| platforms | MatchTrader | [published page](https://fundedfast.com/how-it-works) |
| availableAssets | Forex, Stocks, Crypto, Indices, Metals, Energy | [published page](https://fundedfast.com/faq) |
| paymentMethods | Visa, Mastercard, PayPal, Cryptocurrency, Bank transfer | [published page](https://fundedfast.com/challenges) |
| payoutMethods | PayPal, Bank transfer, Cryptocurrency, Local payment methods | [published page](https://fundedfast.com/faq) |
| payoutFrequency | Every 7 days, with at least 5 trading days between withdrawal requests | [published page](https://fundedfast.com/faq) |
| restrictedCountries | Afghanistan, Albania, Barbados, Belarus, Burkina Faso, Cabo Verde, Congo (Democratic Republic), Congo (Republic), Côte d'Ivoire, Cuba, Eritrea, Ethiopia, Haiti, | [published page](https://fundedfast.com/terms) |
| maxProfitSplitPercent | 90 | [published page](https://fundedfast.com/terms) |
| consistencyRulePercent | 50 | [published page](https://fundedfast.com/terms) |
| positioning | A Europe-based prop trading firm funding traders with up to $400K in simulated capital | [published page](https://fundedfast.com/about-us) |
| maxAccountSize | 400000 | [published page](https://fundedfast.com/terms) |
| scalingPlan | Five levels on Two-Phase funded accounts, each adding 25% to the balance, up to 2.44 times the starting balance; not available on One-Phase | [published page](https://fundedfast.com/terms) |
| refundPolicy | Entry fee refunded in full with the first payout after passing; not refunded on failure; 14-day withdrawal right that is void once trading has started | [published page](https://fundedfast.com/terms) |
| inactivityPolicy | Accounts with no trading for 90 consecutive days may be terminated; Phase 2 must be activated within 30 days | [published page](https://fundedfast.com/terms) |
| kycRequirements | Before the first payout only: government-issued photo ID and proof of address less than 3 months old | [published page](https://fundedfast.com/faq) |
| payoutProcessingTime | Most within 24-48 hours, at most 5 business days | [published page](https://fundedfast.com/faq) |
| supportChannels | Live chat, Email, Discord, Phone | [published page](https://fundedfast.com/how-it-works) |
| supportHours | Phone Mon-Fri, 09:00-17:00 CET; email response within 24 hours | [published page](https://fundedfast.com/faq) |
| rules | [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object | — |
| plans | 4 plans | [published page](https://fundedfast.com/challenges) |

## Frequently asked questions

### What is the FundedFast profit split?

FundedFast pays an 80/20 profit split by default. A 90% split is sold as a checkout add-on on 1-Phase accounts of $50,000 or more and 2-Phase accounts of $100,000 or more.

### What are the FundedFast challenge rules?

The 1-Phase challenge needs a 10% profit target and the 2-Phase needs 8% then 5%, with a 5% daily loss limit and 10% maximum drawdown on both. Each phase needs at least 3 trading days, there is no time limit, and a single trade may not risk more than 3% of the starting balance.

### How does the FundedFast drawdown work?

The daily loss limit is 5%, resets at 21:00 UTC and counts open losses. The maximum drawdown is a static 10% of the starting balance that never resets and also applies on funded accounts; an add-on raises it to 20% on larger accounts.

### How much does a FundedFast challenge cost?

2-Phase challenges start at $49 and 1-Phase challenges at $99. FundedFast lists the 2-Phase $50,000 account at $299 and the $400,000 at $1,799; the fee is refunded with the first payout.

### Does FundedFast have a consistency rule?

Yes, a 50% rule. If one trading day makes more than 50% of the profit target, the target is raised to that day's profit divided by 0.50, but the account is not failed for it.

### Does FundedFast allow news trading and EAs?

News trading is allowed with a restriction, and EAs are not. No new positions may be opened within 5 minutes before or after major scheduled news, and expert advisors, bots, copy trading, martingale and grid strategies are all prohibited.

### How do FundedFast payouts work?

Funded traders can request a payout every 7 days, with at least 5 trading days between requests. FundedFast says most are processed within 24-48 hours and at most 5 business days, by PayPal, bank transfer, crypto or a local method, after KYC.

### Does FundedFast refund the challenge fee?

Only if you pass. The entry fee is refunded in full with the first payout, is not refunded on failure, and the 14-day cooling-off refund is void once you have started trading.

### Does FundedFast have a time limit?

No. Neither the 1-Phase nor the 2-Phase challenge has a time limit, but Phase 2 must be activated within 30 days of receiving its login details, and accounts with no trades for 90 consecutive days may be terminated.

### Does FundedFast have a scaling plan?

Yes, on 2-Phase funded accounts only. Five levels each add 25% to the balance, up to 2.44 times the starting balance, with profit targets from 10% to 25%.

### Which countries are restricted at FundedFast?

FundedFast restricts residents of 40 jurisdictions, including Russia, Iran, Pakistan, Jamaica, Panama, Belarus and North Korea. Its terms say the list is reviewed periodically and may change.

### Is FundedFast legit?

FundedFast is the trading name of Memento Enterprises Limited, registered in Malta under company registration number C 109385, with its registered address at 55 Triq Ir-Ruzell, Attard. The company says it was founded in 2024 and is headquartered in Malta, with offices in Barcelona and Hong Kong.

## Related pages
- [Funded Fast rules](https://propfirmpal.com/firms/unverified/funded-fast/rules) — markdown: https://propfirmpal.com/firms/unverified/funded-fast/rules.md
- [Funded Fast payouts](https://propfirmpal.com/firms/unverified/funded-fast/payouts) — markdown: https://propfirmpal.com/firms/unverified/funded-fast/payouts.md
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- [Funded Fast web traffic history](https://propfirmpal.com/firms/unverified/funded-fast/traffic)