# FundingRock — rules, pricing and payouts

> FundingRock — 2-step evaluations from USD 59, USD 549 to a $100,000 funded account, up to 80% profit split.

**Source:** https://propfirmpal.com/firms/unverified/funding-rock  
**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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FundingRock is a proprietary trading firm that provides funding to skilled traders. Get qualified and manage up to $1,000,000 with an 80% profit split (up to 90% with addon). Trade on TradeLocker with 1:100 leverage. 2-phase evaluation with 8% Phase 1 and 5% Phase 2 profit targets. 5% daily drawdown, 10% max drawdown. EAs allowed. 100% refund on first withdrawal. Express payouts available.

## Key terms
| Field | Value |
| --- | --- |
| Verification | Sourced from the firm’s own website, not verified |
| Company location | Cyprus |
| Founded | 2024 |
| Community rating | no reviews yet |
| Evaluation types | 2-step |
| Cost to a $100,000 funded account | USD 549 |
| Cheapest entry price | USD 59 |
| Instant funding | not offered |
| Account sizes | $5,000, $10,000, $25,000, $50,000, $100,000, $200,000 |
| Maximum profit split | 80% |
| Phase 1 profit target | 5% |
| Daily drawdown | 5% |
| Maximum drawdown | 10% |
| Drawdown style | static |
| Drawdown measured on | equity |
| Platforms | Trade Locker |
| Instruments | Forex, Indices, Commodities, Crypto |
| Payment methods | USDT, Visa, Bitcoin, Mastercard, Bank Rise, Discover |
| Payout methods | not published |
| Payout frequency | On demand (Express addon available) |
## Is FundingRock legit?

Prop Firm Pal has not verified FundingRock, so this is not an endorsement: it is what the record shows. Its own pages name the operating company as Mindwave Training LTD, in Nicosia, Cyprus. 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 | Mindwave Training LTD |
| Founded | 2024 |
| Headquarters | Nicosia, Cyprus |
| In our traffic record | Since November 2025 (11 months) |
| Traffic, last three months | Growing fast (+593% to September 2026) |

- Company: "1.1 These GTCs govern your use of the services provided by Mindwave Training LTD, a company incorporated in Cyprus with registration number HE 471803 and located in Nicosia, Cyprus (“FundingRock”)." — https://help.fundingrock.com/en/articles/10839716-general-terms-conditions
- Headquarters: "Nicosia 1061, Cyprus." — https://www.fundingrock.com/about-us/

## What this firm publishes

FundingRock is a forex prop firm run by Mindwave Training LTD in Nicosia, Cyprus, with four routes to a simulated funded account: Instant funding with no evaluation, Pay After You Pass, a 1-Step challenge and a 2-Step challenge. Account sizes run from $5,000 to $100,000 in USD, traded on TradeLocker or cTrader across forex, metals, indices, energy and crypto. The model it leads with is Pay After You Pass: a $5 simulation fee upfront, a 3% profit target, and an activation fee of $60 to $500 paid only after passing. Every program pays an 80% reward share, raised to 95% with an add-on.

The FundingRock rules change with the program. The 1-Step challenge sets a 10% profit target with a 3% daily loss limit and a 6% trailing maximum loss, and the 2-Step asks for 6% in each phase with 3% daily and a 6% static maximum loss. Pay After You Pass uses an 8% trailing maximum loss, with a 4% daily limit on the funded account, and Instant funding carries 4% daily and 8% trailing with no profit target. No program has minimum trading days or a time limit. The rules that catch traders out: holding any position over the weekend without the Weekend Holding add-on breaches the account; the funded stage has a consistency rule of 15% on Instant and Pay After You Pass and 30% on the 1-Step and 2-Step; news trading is restricted 2 minutes either side of high-impact events on the 1-Step and 2-Step; and copy trading, account sharing, HFT and cross-account hedging are prohibited. EAs are permitted only when self-built or with full source-code access.

Reward requests are instant, subject to eligibility, on Instant and Pay After You Pass. On the 1-Step and 2-Step the first reward comes 14 days after the first trade on the funded account, then every 14 days. The minimum reward is $100, processing typically takes up to 48 hours excluding weekends and holidays, and rewards are paid through Riseworks or cryptocurrency. Fees are published: $40 to $350 for the 2-Step, $50 to $450 for the 1-Step and $70 to $600 for Instant. The fee is refundable within 14 days of purchase only if no trade has been placed, and a failed evaluation cannot be reset. A scaling plan adds 50% to a funded account after more than 6 months and at least 10% profit, up to $1,000,000 combined.

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

| Field | Value | Source |
| --- | --- | --- |
| legalName | Mindwave Training LTD | [published page](https://help.fundingrock.com/en/articles/10839716-general-terms-conditions) |
| headquarters | Nicosia, Cyprus | [published page](https://www.fundingrock.com/about-us/) |
| ceo | Meir Hefetz | [published page](https://www.fundingrock.com/about-us/) |
| platforms | TradeLocker, cTrader | [published page](https://help.fundingrock.com/en/articles/15808541-which-trading-platforms-does-fundingrock-support) |
| availableAssets | Forex, Metals, Indices, Energy, Cryptocurrency | [published page](https://help.fundingrock.com/en/articles/15751073-which-markets-and-instruments-can-i-trade) |
| paymentMethods | Credit or debit card, Cryptocurrency, Apple Pay, Google Pay | [published page](https://help.fundingrock.com/en/articles/15801211-which-payment-methods-are-available) |
| payoutMethods | Riseworks, Cryptocurrency | [published page](https://help.fundingrock.com/en/articles/15768650-which-reward-methods-are-available) |
| payoutFrequency | Every 14 days on the 1-Step and 2-Step; reward requests are instant, subject to eligibility, on Instant and Pay After You Pass | [published page](https://help.fundingrock.com/en/articles/15787609-1-step-guide) |
| restrictedCountries | Afghanistan, Belarus, Burundi, Central African Republic, Cuba, Eritrea, Guinea, Guinea-Bissau, Iraq, Iran, Israel, Laos, Lebanon, Liberia, Libya, Myanmar, North | [published page](https://help.fundingrock.com/en/articles/11105029-the-following-countries-and-regions-are-not-serviced) |
| maxProfitSplitPercent | 95 | [published page](https://help.fundingrock.com/en/articles/15787609-1-step-guide) |
| positioning | A proprietary trading firm where traders demonstrate their skills through simulated trading and can earn rewards on a simulated funded account | [published page](https://help.fundingrock.com/en/articles/15749071-what-is-fundingrock) |
| accountCurrencies | USD | [published page](https://help.fundingrock.com/en/articles/15799041-what-currency-are-fundingrock-accounts-denominated-in) |
| maxAccountSize | 100000 | [published page](https://www.fundingrock.com/1-step/) |
| scalingPlan | Each funded account can grow by 50% of its original balance after more than 6 months active with at least 10% simulated profit and no rule violations, up to a c | [published page](https://help.fundingrock.com/en/articles/15819232-how-does-the-fundingrock-scaling-plan-work) |
| resetPolicy | No resets; a failed evaluation requires buying a new one | [published page](https://help.fundingrock.com/en/articles/15756857-can-i-reset-or-restart-my-evaluation) |
| refundPolicy | Refund within 14 days of purchase if no trades have been placed; crypto purchases under $10 are not refundable | [published page](https://help.fundingrock.com/en/articles/15804165-can-i-get-a-refund-on-my-evaluation-fee) |
| inactivityPolicy | Accounts with no trading for 30 consecutive days may be closed, counted from the last closed trade | [published page](https://help.fundingrock.com/en/articles/15799036-is-there-an-inactivity-policy) |
| kycRequirements | Government-issued photo ID and a liveness check, required before a funded account is issued | [published page](https://help.fundingrock.com/en/articles/15803275-how-does-kyc-verification-work) |
| minPayoutAmount | $100 on all programs | [published page](https://help.fundingrock.com/en/articles/15768635-when-can-i-request-my-first-reward) |
| payoutProcessingTime | Typically up to 48 hours, excluding weekends, public holidays and any verification or compliance review | [published page](https://help.fundingrock.com/en/articles/15768668-how-long-do-reward-requests-take-to-process) |
| fees | [object Object], [object Object] | [published page](https://www.fundingrock.com/challenges/) |
| rules | [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object | — |
| plans | 20 plans | [published page](https://www.fundingrock.com/challenges/) |

## Frequently asked questions

### What is FundingRock's profit split?

FundingRock pays an 80% reward share on all four programs, raised to 95% with the Higher Reward Share add-on. Rewards are calculated in USD on simulated profits.

### Does FundingRock offer instant funding?

Yes. The Instant program gives a funded account with no evaluation and no profit target, in sizes from $5,000 to $100,000 for $70 to $600. It has a 4% daily loss limit, an 8% trailing maximum loss and a 15% consistency rule.

### How does FundingRock Pay After You Pass work?

You pay a $5 simulation fee to start and an activation fee only after passing. The evaluation needs a 3% profit target within an 8% trailing maximum loss, and the activation fee runs from $60 on a $5,000 account to $500 on a $100,000 account.

### What are the FundingRock 1-Step and 2-Step challenge rules?

The 1-Step needs a 10% profit target with a 3% daily loss limit and a 6% trailing maximum loss. The 2-Step needs 6% in each of two phases with 3% daily and a 6% static maximum loss, and neither has minimum trading days or a time limit.

### How much does a FundingRock challenge cost?

The 2-Step costs $40 to $350 and the 1-Step $50 to $450, depending on account size from $5,000 to $100,000. Instant costs $70 to $600, and Pay After You Pass starts at $5 with a $60 to $500 activation fee after passing.

### Does FundingRock have a consistency rule?

Yes, on the funded account only. It is 15% on Instant and Pay After You Pass and 30% on the 1-Step and 2-Step, and going over it delays reward requests rather than breaching the account.

### Does FundingRock allow news trading and EAs?

News trading is allowed on Instant and Pay After You Pass, but restricted 2 minutes either side of high-impact news on the 1-Step and 2-Step. EAs are permitted only when self-built or with full source-code access; commercial EAs and HFT bots are prohibited.

### Can you hold trades over the weekend at FundingRock?

Only with the Weekend Holding add-on, which must be chosen at checkout. Without it, holding any position over the weekend is a breach; overnight holding is permitted on all programs.

### How do FundingRock payouts work?

Reward requests are instant, subject to eligibility, on Instant and Pay After You Pass; on the 1-Step and 2-Step the first comes 14 days after the first funded trade, then every 14 days. The minimum is $100, processing typically takes up to 48 hours excluding weekends and holidays, and payment is through Riseworks or cryptocurrency.

### Does FundingRock refund the challenge fee?

Only if the account is unused. A refund can be requested within 14 days of purchase provided no trades have been placed, and crypto purchases under $10 cannot be refunded.

### Which countries are restricted at FundingRock?

FundingRock does not serve 28 countries and regions, including Russia, Iran, Iraq, Israel, Lebanon, North Korea, Cuba, Venezuela, Belarus and Syria. The United States is not on the list.

### Is FundingRock legit?

FundingRock is operated by Mindwave Training LTD, incorporated in Cyprus with registration number HE 471803 and based in Nicosia, with Meir Hefetz as CEO. All accounts are simulated, and KYC with a photo ID and liveness check is required before a funded account is issued; its terms say that passing a challenge qualifies a trader for the funded phase at the company's total discretion.

## Related pages
- [FundingRock rules](https://propfirmpal.com/firms/unverified/funding-rock/rules) — markdown: https://propfirmpal.com/firms/unverified/funding-rock/rules.md
- [FundingRock payouts](https://propfirmpal.com/firms/unverified/funding-rock/payouts) — markdown: https://propfirmpal.com/firms/unverified/funding-rock/payouts.md
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