COMPANY PROFILE
Firm Overview
Independent trader reviews, ratings and payout experiences for Firewood Funded.
Broker:Part of Firewood Global Markets, with FirewoodFX as the broker. Says its model is built on brokerage experience through FirewoodFX. Runs on FireTrader
Payment Methods:Not yet verified
Payout Methods:Not yet verified
Instruments and Assets
Type of InstrumentsForex / CFD
Maximum Allocation$50K
Leverage
ModelsInstant, One-Step and Two-Step.
InstantAccount sizes $500, $1K, $2K, $5K, $10K, $20K and $50K. Daily drawdown 2%, maximum drawdown TRAILING, split 80%. One-time challenge fee with no subscription. Standard swaps apply.
LeverageNot published.
Commissions
Forex and GoldNone on the current Instant plan.
Other instrumentsNot published.
Consistency Rules
Not published - differs by challenge.
Firm Rules
- Part of Firewood Global Markets; the model is described as built on brokerage experience through FirewoodFX.
- The Instant plan carries a 2% daily drawdown and a trailing maximum drawdown.
- The challenge fee is one-time - there is no subscription.
Saint Vincent and the Grenadines