Funding Talent review: Pros, Cons and Traders Ratings

3.299 • 42 REVIEWS
Out of business Prop Firm ForexTips101 Limited
Updated: Dec 26, 2023
Website is down. Company seems to be out of business.
Funding Talent
Out of business

Details

Established: Unknown
Contact: support@fundingtalent.com
3.299 • 42 REVIEWS

Recent User Reviews of Funding Talent

R
Rondo
Texas, USA,
Jan 5, 2022,
Guest

Elite Account

Length of use: 0-3 Months
I made it to the Elite Account which is their final phase before getting funded. I worked so hard... as a full-time college student waking up early mornings to trade and even making trades during class. Damn! Just for them to say they are shutting down when I'm at the Elite Account is a damn shame. If you reading this don't even join you will be wasting your time and getting scammed.
B
Burnerac
USA, USA,
Nov 6, 2021,
Registered user

SCAMMING TALENT

Service use: Live Length of use: 0-3 Months
NEVER buy any products from @FundingTalent

I paid @FundingTalent $175 for a 25K trading account, they took that away. The 25k challenge came with 80% profit splits. They replace our challenge accounts with edge accounts and now our profit splits have been reduced to 25%.

Now reminder, I paid @FundingTalent $175 for the challenge. @FundingTalent decides to transition from edge beta to edge 1.0 and this product is $99. So funding talent decides to give us 50% off of $99 to receive a new edge account.

Reminder, I've already paid @FundingTalent $175 for the challenge, so if I were to pay them the 50% of $99 which equals to $45.50 I'd be paying $220.50 for a $99 product. SCAM!!!
1 trader has found this review helpful
T
TrAndy1
Frankfurt, Germany,
Oct 13, 2021,
Registered user

FundingTalent Fraud

Service use: Live Length of use: 0-3 Months
When I started end of July, they had no minimum trading days, biweekly payouts and super raw spreads. That changed all within a few weeks. But my money for the fee was already invested so I continued. I made 53k profit and expected to get 43k payout. I have several emails that staff including chief risk officer Logan Silver told me that my trading style is good. But when it came to payout mid September they denied it. They told me some trades where caught with their server issues. But am I responsible for technical failures ? I got nothing but a partial refund. So in the end I made a loss after time and effort for trading invested here. They are very dishonest, you cannot rely on their own words. The truth comes out when it is payout date for your hard earned profits. They will use every argument they can get to deny anything, especially when your payout is bigger than average. Now they disabled the whole challenge model from one day to another, because they cannot payout. I would avoid any prop firm. I have no trust in similar models used by other prop firms. They all rely on failed attempts to earn some profits by trading with them. I am happy that I can trade my live account on a real big forex broker. No more worries if I get paid or not. The Funding Talent business model is not different from a modern Ponzi scheme, because they only have the fees from subscriptions to payout any gains on demo accounts. It is in their best interest not to pay anyone. They have also ongoing server issues nearly every day. When you have only 1 trade affected by those server issues then your whole payout can be easily denied by them. They will use every argument they can get not to payout any profits. Beware and be warned. I think this whole industry is shady.

But for any math reasons just trade on your own live account on a reputable broker. Just be careful. Funding Talent is the worst so called prop firm. You really do not want to worry about any payouts when you made a good profit, just concentrate on trading with a real broker. You can trust me because I have professional and academic background with several years experience in trading among institutions. Do not fall into their trap you get more money to trade when you reached some goals. There is no money here they just rely that 92%+ trades will fail on their attempts to trade profitable with their very strict goals and limitations. If too many profitable traders come to the table they have all their problems and they will cheat you where they can. It can be server issues, it can be slippage, high swaps overnight, changing rules with immediate effects and so on. Just not to pay you. Forget Funding Talent and also their competitors. Because FT was number 2 when they suffered their massive server problems. You can bet if the number 2 has such problems, then others will have them too (soon). FT will get now some legal actions by courts and also some action from Nova Scotia in Canada where they are located. This whole gray area of so called prop firms could be regulated (soon) here. Stay away please.
K
KingWenz84
Kent, United Kingdom,
Oct 9, 2021,
Registered user

Not a scam, but still stay away

Service use: Demo Length of use: 3-6 Months
I would not say this is a scam, however their business choices are poor. You mess everyone around in August while you upgrade your servers due to extreme company growth. Then less than a month later to scrap the challenge account meaning your core customer base and core income leaves the business. So what was the point of the server upgrade? No forward thinking or planning. I expect next month there will be something new to further annoy and alienate what customers they have left.

And then you come to this new elite account. The rules on trading are so convoluted and over complicated they appear to be designed to ensure the trader fails by hitting one of their obscure violations and has to pay a reset fee.

Summary. I would stay well away from this company, I do not see it lasting long.
A
akg12
Brampton, Canada,
Oct 6, 2021,
Registered user

Cheaters

Service use: Demo Length of use: 0-3 Months
As per their rules, I requested payout of $ 3809, which was 90% of my profits for the month of September before they change the rules on 29th September. Rude customer service rejected saying we have changed rules. This is no different from working on a full time job and at the end of the month the employer says - No salary. Just leave. Scammers, cheaters. They can change rules on the fly and tell you take it or leave it, and I know they are going to do it again. In other words, polite way of saying "I got your money, now you get lost".
A
amyfx123
England, United Kingdom,
Oct 6, 2021,
Registered user

Avoid this company

Service use: Live Length of use: 3-6 Months
This company is a complete scam they owe me and other members our payouts. They are not reliable whatsoever. They are constantly changing there rules so they can avoid paying you out. They make money on people failing challenges. So what happens when you get good traders sign up to the challenge who are profitable? They cant afford to payout so they overnight change the profit split from 80% to 25%. Just avoid.
E
emicovi
italia, Italy,
Oct 1, 2021,
Registered user

exit scam

Length of use: 3-6 Months
They basically exit scammed. So sad since they paid me 4 times in the past, but I really don't know what Jessica did to kill FT.

Jul 2, 2021 - 5 Stars I recently got funded by Funding Talent and yesterday I received my first payout in only 1 business day. Support is always present and willing to help, Jessica (the CEO) interacts directly with clients over Discord to clear doubts. Nonetheless with their new FT server on majors pairs spread is 0.1 pip and there are NO commissions, literally 0$ commission (this is something incredible). You will not find any better prop firm to this.
R
Richard
New York, USA,
Aug 18, 2021,
Guest

If you don't think this company is a scam, I have a bridge to sell you

Service use: Demo Length of use: 0-3 Months
Lets talk about funding talent.

I have had 3 accounts with them, all of them took forever to get. This was before their recent issues. I traded, I passed, I got told my trading style is not good so I won't be put on live and they swallowed my money.

When I said thats fine, I will dispute it, Josie, the happiness director (lol wtf is that) threatened me with saying I will forever be banned from internet transactions. Alarmed, I reported it to the regulator.

On top of this they recently changed all their rules, changed their conditions. Stopped paying highly profitable traders, they have had reviews removed from other sites for either paying for reviews or posting multiple themselves to boost their rating. Their CEO Jessica is a sociopath who has been posting nudes on the forextips101 and saying for people to kiss her ass. She has real problems, please get help Jessica.

They since changed their conditions from better than market will ever be to as bad as your typical b book dumpster.
They removed bi weekly payouts due to work load but are magically pumping up a program that has daily payouts? Nice logic there.

This is clearly a cash grab company.
1 trader has found this review helpful
K
Kaaz47
Germany, Germany,
Jul 30, 2021,
Registered user

I bought a challenge got receipt but no login details

I have been using funding talent for a while. I do have a flex account with them. Problem is I bought a challenge couple of days ago bought with credit card they sent me receipt but no login details for my challenge. I asked them . Only yesterday to be told it was sent to another email . And account has been traded 3 days. Upon checking my dashboard it shows yes I paid for the challenge . No further infor about the challenge no login infor nothing. One Emily told me to check my junk I said they should check all emails sent to my email from their side to.comfirm I didn't get that login infor in my email.
Its either im getting my money back. Im just tired. As nobody is bothered. Thats why im reviewing them. Enough is enough
1 trader has found this review helpful
U
Usa
Usa, USA,
Jun 16, 2021,
Guest

Excellent

Service use: Live
Payout came on same day it was due within hours! Highly recommend them! Very good communication aswell from the customer service aspect