Nordic Funder Review

Country: Sweden

Rank: 2/5

Date Created: 11/2021

Years in Operation: 5 years

Nordic Funder is a Sweden-based proprietary trading firm offering up to $500,000 in capital across flexible 1-step, 2-step, and 3-step evaluation models. The firm stands out by providing commission-free trading on indices and crypto, alongside seamless integration with modern platforms like cTrader and DXtrade

However, traders should approach with caution. The firm enforces a 30-day withdrawal cycle, shows inconsistent profit-split terms, and has faced backlash for abruptly closing legacy accounts without warning.

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Written by: Ngan Pham

Tea avatar Reviewed by Tea - Senior Financial Analyst
Tea

Owner of the YouTube channel H2TCrypto with over 1.1k followers, sharing proven Crypto investment knowledge and strategies based on my depth of experience. I keep you updated with market information and analysis so you can take action on the crypto mainstream.


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Updated: April 17, 2026

Nordic Funder Review

Nordic Funder Review Summary

💳 Challenge Fee $42 - $4,887.50
👥 Account Types 1-step, 2-step, and 3-step
💰 Profit Split 80% - 90%
💵 Account Size $5K - $500K
⏱️ Time Limit No time limit
🎯 Profit Target 5% - 10%
📊 Trading Platforms DXTrade, Match Trader, cTrader
🛍️ Asset Types Forex, Crypto, Energy, Indices, Metals, Commodities

Finding a reliable funding partner is a major challenge for modern traders, as many worry about hidden rules or denied payouts. In this comprehensive Nordic Funder review, we examine whether this Swedish company is truly a secure environment for your trading career.

H2T Funding will break down their exact rules, fee structures, and the reality of their profit splits so you can decide if they fit your trading style. Let’s dive into the details and uncover what really sets Nordic Funder apart.

1. What is a Nordic Funder prop firm?

Nordic Funder is a Sweden-based proprietary trading firm that was officially established in November 2021. The firm grants capital access to skilled traders who pass its strict evaluation phases. 

To prove their consistency, traders must complete assessment accounts designed as 1-Step, 2-Step, or 3-Step program types. Once qualified, you act as an operator of the firm’s capital rather than risking your own investment.

Nordic Funder is a Sweden-based proprietary trading firm that was officially established in November 2021
Nordic Funder is a Sweden-based proprietary trading firm that was officially established in November 2021

The company provides a wide range of initial account sizes, allowing you to start from $5,000 – $500,000 in total funding. Furthermore, consistently profitable traders can utilize their scaling opportunities to grow their managed balance up to $1 million.

2. Our take on Nordic Funder

Nordic Funder presents a classic case of a firm that offers solid trading technology but fails in operational transparency. While their Swedish roots and broker-backed execution through Scandinavian Capital Markets provide an initial layer of comfort, the “business” side of the firm feels outdated and neglected.

Seeing a firm still enforcing a strict 30-day payout cycle in the current fast-paced prop industry is a major deterrent for serious traders. Most modern competitors have pivoted to bi-weekly or on-demand withdrawals, making Nordic Funder’s policy feel archaic and practically unusable for those relying on trading income for daily expenses.

Furthermore, the conflicting information regarding profit splits, advertising 80% on the homepage while burying a 75% rule in the FAQs, is a significant red flag. It suggests a lack of attention to detail that often trickles down into support and payout reliability, as evidenced by the recent wave of negative community feedback.

Pros:

  • Platform Diversity: Offering cTrader, DXtrade, and MatchTrader ensures high-level execution and stability regardless of MetaTrader licensing issues.
  • Static Drawdown: The Two-Stage and Three-Stage accounts use a static loss limit, which is far more forgiving than the trailing models used by many competitors.
  • Commission-Free Assets: Trading Indices, Oil, and Cryptocurrencies with $0 commissions is a massive advantage for specialists in those markets.
  • Unlimited Evaluation Time: There are no maximum time limits to pass any of their challenges, allowing for a stress-free trading experience.

Cons:

  • Extremely Slow Payouts: A mandatory 30-day waiting period for every withdrawal is significantly behind the industry standard.
  • High Forex Commissions: The $7 per lot fee for FX and Metals is expensive and will noticeably eat into the profits of high-frequency scalpers.
  • Strict News Restrictions: The 3-minute news trading window is highly rigid and can lead to accidental account breaches for breakout traders.
  • Poor Support Infrastructure: With an inactive Discord (at the time of testing) and no live chat, resolving urgent technical or withdrawal issues can be a slow, frustrating process.
  • Reputation Concerns: Recent reports of unannounced account closures and ignored customer reviews suggest a firm with declining reliability.

OUR RATING

The overall rating is based on review by our experts

52
Challenges 6.0 / 10
Spreads 7.0 / 10
Markets 6.0 / 10
Payouts 3.0 / 10
Platforms 6.0 / 10
Trust 3.0 / 10

3. Nordic Funder programs

Nordic Funder provides flexible evaluation models to accommodate various experience levels and trading styles. You can choose from their carefully structured One-stage, Two-stage, or Three-stage challenges to secure a funded account.

Nordic Funder program comparison
Nordic Funder program comparison

Let’s explore the detailed breakdown below to help you select the right program for your strategy.

3.1. One-stage account

The One-Stage assessment is built for traders seeking a fast track to funding. You only need to hit a single profit milestone before accessing the live capital.

This streamlined model provides an excellent trader experience for those who are highly confident in their market execution. Below is the exact monetary breakdown for each available starting balance in a single view.

Account SizeOne-Time FeeProfit Target (10%)Max Trailing Loss (6%)Max Daily Loss (5%)Profit Share
$5,000$42.50$500$300$25080%
$10,000$85$1,000$600$50080%
$25,000$212.50$2,500$1,500$1,25080%
$50,000$425$5,000$3,000$2,50080%
$100,000$850$10,000$6,000$5,00080%
$200,000$1,700$20,000$12,000$10,00080%
$250,000$2,125$25,000$15,000$12,50080%
$500,000$4,887.50$50,000$30,000$25,00080%

Understanding these specific account limits is crucial to passing this evaluation successfully.

  • Profit Objective: Traders must achieve exactly 10% profit on their starting balance to qualify for a funded account.
  • Daily Drawdown: You are restricted to a 5% maximum daily loss, calculated strictly based on your End of Day (EOD) balance.
  • Overall Drawdown: The maximum total loss is capped at 6% and uses a trailing calculation based on your highest equity peak.
  • Time Flexibility: There is no maximum time limit to hit the target, alleviating pressure on your trading psychology.
  • Holding Rules: You are officially permitted to hold active positions over the weekend without facing any penalty.
  • Refund Policy: Unlike some traditional models, the evaluation fee is not refundable upon passing this specific stage.

3.2. Two-stage account

The Two-Stage evaluation is the industry standard for proprietary trading, offering a balanced approach to risk and reward. You must demonstrate consistent profitability across two distinct phases before officially signing a funded contract.

This model is generally preferred by conservative traders because the drawdown rules are more forgiving than the single-phase challenge. Here is the detailed financial breakdown for every available account tier.

Account SizeOne-Time FeePhase 1 Target (10%)Phase 2 Target (5%)Max Static Loss (8%)Max Daily Loss (4%)Profit Share
$5,000$60$500$250$400$20080%
$10,000$110$1,000$500$800$40080%
$25,000$250$2,500$1,250$2,000$1,00080%
$50,000$345$5,000$2,500$4,000$2,00080%
$100,000$525$10,000$5,000$8,000$4,00080%
$200,000$1,000$20,000$10,000$16,000$8,00080%
$250,000$1,225$25,000$12,500$20,000$10,00080%
$500,000$2,760$50,000$25,000$40,000$20,00080%

To successfully navigate both phases, you need a solid grasp of the specific platform parameters. 

  • Profit Milestones: Traders need to secure a 10% gain in Phase 1, followed by a reduced 5% target in Phase 2.
  • Daily Drawdown Limit: Your risk is capped at a 4% maximum daily loss, strictly calculated based on your previous End of Day (EOD) equity.
  • Overall Drawdown Advantage: A major selling point here is the 8% static maximum loss, meaning the limit is anchored to your initial starting balance, not your peak profits.
  • Execution Freedom: You operate with zero time constraints to hit your targets and are fully permitted to hold trades over the weekend.
  • Fee Conditions: The initial purchase price is highly competitive for the industry, though the company maintains a non-refundable fee policy upon passing.

3.3. Three-stage account

The Three-Stage program is a unique offering in the prop firm space, designed to minimize upfront costs while demanding extended consistency. Instead of large, daunting targets, traders face a series of smaller, manageable milestones.

This structure is ideal for methodical traders prioritizing capital preservation over rapid growth. By breaking the challenge into three equal parts, the psychological pressure of passing is significantly reduced.

Account SizeOne-Time FeeP1 Target (5%)P2 Target (5%)P3 Target (5%)Max Static Loss (5%)Max Daily Loss (5%)Profit Share
$5,000$42$250$250$250$250$25080%
$10,000$77$500$500$500$500$50080%
$25,000$175$1,250$1,250$1,250$1,250$1,25080%
$50,000$241.50$2,500$2,500$2,500$2,500$2,50080%
$100,000$367.50$5,000$5,000$5,000$5,000$5,00080%
$200,000$700$10,000$10,000$10,000$10,000$10,00080%
$250,000$857.50$12,500$12,500$12,500$12,500$12,50080%
$500,000$1,932$25,000$25,000$25,000$25,000$25,00080%

Here are the key metrics governing the Three-Stage challenge to succeed in this prolonged evaluation:

  • Consistent Milestones: You must achieve exactly a 5% profit target across all three consecutive phases.
  • Equal Drawdown Limits: Both the maximum daily loss and the maximum overall loss are fixed tightly at 5%.
  • Static Risk Calculation: Similar to the Two-Stage model, the overall loss limit is static, meaning it never trails your profits and stays locked to your initial balance.
  • Zero Time Pressure: Traders have unlimited time to complete each of the three phases, removing the stress of looming deadlines.
  • Cost Efficiency: This program offers the lowest entry fees among its options, though the fee remains non-refundable.

Verdict on Nordic Funder programs

When evaluating these programs side-by-side, it is clear that Nordic Funder provides a high degree of flexibility missing in many competing prop firms. The ability to choose between a fast-paced one-step challenge or a highly structured three-step process is a significant advantage.

The pricing structure is quite competitive, especially for the multi-stage accounts, making entry accessible without sacrificing quality trading conditions. Based on hands-on market observation, here is how to align these programs with your specific trading style:

  • One-Stage Program: Best for aggressive, high-win-rate scalpers who can manage a trailing drawdown and want immediate access to live funds. The higher upfront cost is offset by the speed of funding.
  • Two-Stage Program: The sweet spot for most day traders and swing traders. The generous 8% static loss and lower Phase 2 target offer the best balance between achievable metrics and capital safety.
  • Three-Stage Program: Ideal for conservative traders and beginners who prioritize low entry costs. The 5% targets are highly achievable, though the matching 5% max drawdown leaves little room for careless errors.

Ultimately, the Two-Stage account stands out as the most balanced and pragmatic choice for consistent profitability. The static drawdown feature alone makes it significantly easier to navigate volatile market weeks compared to the stressful trailing limit of the One-Stage.

4. Nordic Funder trading rules

Understanding the exact parameters of a prop firm is the only way to protect your evaluation capital from unnecessary breaches. Below is a comprehensive breakdown of what you can and cannot do on their platforms.

4.1. General guidelines & allowed practices

These parameters dictate your day-to-day operational freedom within the platform. The firm provides a relatively flexible environment for traditional technical analysts and algorithmic traders.

  • Account Limits: You are permitted to manage multiple evaluations, but you cannot hold two active accounts of the exact same size and plan type simultaneously.
  • Passing Criteria: The evaluation is automatically marked as passed the moment your account equity reaches the required profit target, closing all active trades.
  • Daily Drawdown: Your daily risk limit is strictly calculated based on the previous End-of-Day (EOD) balance, which resets daily at 17:00 EST.
  • Overall Drawdowns: Depending on the program, you will manage either a static loss tied to the initial balance or a trailing loss. The trailing loss locks at your starting balance once you reach a 10% profit.
  • Stop Losses: While utilizing proper risk management is highly encouraged, placing a hard stop loss is not mandatory for any trade.
  • Overnight Holding: Traders are fully authorized to keep positions open overnight during regular weekday market hours.
  • Automated Trading: The use of Expert Advisors (EAs) and automated trading strategies is officially permitted, provided they execute standard market logic.
  • Inactivity Policy: To keep your account active, you must execute at least one trade every 30 consecutive days to avoid automatic termination.
  • Funding Discretion: While passing almost always leads to a live account, the firm reserves the right to issue a refund if a trading style fundamentally conflicts with their risk appetite.

4.2. Prohibited trading practices

Engaging in toxic market behavior or attempting to manipulate the assessment will result in immediate account termination. The firm strictly monitors execution logs to prevent systemic abuse.

  • Weekend Holding (Default): Unless you purchase a specific add-on, all trades must be closed by 15:45 EST every Friday. Holding positions over the weekend, including Cryptocurrencies, is strictly forbidden.
  • News Trading Window: You are explicitly prohibited from opening new positions within 3 minutes before or after major macroeconomic news events, though holding existing trades is allowed.
  • High-Frequency Trading: Because these aggressive systems cannot be reliably replicated in live liquidity pools, all HFT strategies are strictly banned.
  • Illicit Copy Trading: While you can copy trades between your own personal accounts, using signal services, passing services, or mirroring external groups is a severe violation.
  • Reckless Risk: The risk team actively monitors for traders “playing the system,” which includes risking your entire available margin on a single trade idea.
  • External Brokerage: You cannot connect third-party feeds; all assessment and live trading data must route exclusively through Scandinavian Capital Markets.

Verdict on Nordic Funder trading rules

Navigating these specific parameters reveals a firm that strongly favors traditional, manual risk management over aggressive exploitation. The allowance of standard Expert Advisors and unrestricted overnight holding provides excellent operational breathing room for dedicated day traders. 

However, the most notable friction point for retail traders is the strict news execution policy. Being barred from opening trades within a three-minute window of high-impact data releases can easily trap breakout traders who rely on sudden volatility. 

Furthermore, requiring a 10% fee surcharge just to hold positions over the weekend feels slightly rigid compared to modern competitors who offer this flexibility by default.

5. Nordic Funder payout rules

The ability to receive timely payouts is the ultimate deciding factor when choosing a proprietary firm. Unfortunately, while this company provides clear operational guidelines, its withdrawal policies present some conflicting information that requires close attention.

Nordic Funder payout rules
Nordic Funder payout rules

According to their official documentation, traders can request to withdraw their generated gains directly through the online dashboard. However, there are strict timelines governing when these requests can be made.

  • Withdrawal Frequency: Funded operators are permitted to request a profit withdrawal no more than once every 30 days. This monthly cycle is slower than many modern competitors offering bi-weekly or even on-demand payouts.
  • Request Process: To initiate a transfer, you must navigate to your trader dashboard, click the “Withdraw Profits” button, and manually enter the desired withdrawal amount.
  • Payment Methods: The firm states that approved funds are distributed via their available “outbound payment solutions.” However, they explicitly reserve the right to change these withdrawal methods and options at any time without prior notice.
  • The Profit Split Discrepancy: This is where the major confusion lies. The main marketing pages and program tables boldly advertise an 80% profit share for all account types.

Verdict on Nordic Funder payout rules

When evaluating the financial integrity of any prop firm, consistency in their stated terms is non-negotiable. The glaring contradiction between the heavily marketed 80% profit split on the homepage and the 75% split buried in their FAQ section is a significant red flag. This kind of discrepancy suggests either a severely outdated website or, worse, intentionally misleading marketing tactics.

Furthermore, enforcing a strict 30-day waiting period for withdrawals feels archaic in today’s fast-paced prop firm industry. Most top-tier firms now offer bi-weekly payouts, and some even process them within 24 hours of a request. For traders relying on payouts for living expenses, a month-long wait plus processing time is simply impractical.

For us, transparency regarding how and when you get paid should be absolute, and right now, this firm’s documentation leaves too much room for unpleasant surprises.

6. Nordic Funder scaling plan

For consistently profitable traders, a structured scaling plan is essential for maximizing long-term earnings without repeatedly purchasing new assessments. Most top-tier proprietary firms offer clear milestones where your managed capital increases after hitting specific targets.

Unfortunately, Nordic Funder does not provide specific details regarding an official scaling program on their main website or FAQ sections. While some external review sites claim traders have the ability to scale up to $1 million, there is no publicly available documentation to support how this process works.

Verdict on Nordic Funder scaling plan

The absence of a publicly documented scaling plan is a significant disadvantage for ambitious traders. When a firm hides or omits the specific parameters required to increase your funding, it becomes impossible to map out a long-term career trajectory with them.

While rumors of a $1 million scaling limit exist on third-party forums, relying on unverified claims is poor risk management. A legitimate prop firm should proudly display its scaling rules, explicitly stating what percentage of profit over what timeframe qualifies you for a capital boost.

For traders aiming to build long-term wealth, this lack of clarity makes Nordic Funder less attractive than competitors offering automated, transparent scaling based on performance.

7. Nordic Funder instruments and trading conditions

Evaluating a proprietary trading firm requires a close look at the exact liquidity and execution environment provided. Trading conditions directly impact your profitability, particularly regarding spreads, commissions, and available leverage.

Unlike traditional retail accounts, the capital provided in the funded stage is notionally funded by the company. This means the nominal account size you trade (e.g., $100,000) may not reflect the actual funds held with their liquidity provider. However, this does not affect your trading conditions or execution speed.

  • Currency Pairs (Forex): Traders can access dozens of major and minor currency pairs with up to 20:1 leverage. A standard commission of $7 per round turn lot applies to all FX trades.
  • Precious Metals: Gold and Silver are fully tradable, sharing the same 20:1 leverage limit and $7/lot commission structure as the Forex markets.
  • Global Indices: You can trade major stock indices with up to 10:1 leverage. A significant advantage here is that indices carry $0 commission fees.
  • Energy Markets (Oil): Oil trading is available for fundamental traders, featuring a reduced leverage of 5:1 and also benefiting from $0 commissions.
  • Cryptocurrencies: While digital assets are notoriously volatile, the firm permits crypto trading with a highly conservative 2:1 leverage and charges no commissions.

Verdict on Nordic Funder trading conditions

The $7 per lot commission on Forex and Metals is noticeably higher than the industry standard of $3 to $5 per lot found at leading prop firms. For scalpers or high-frequency day traders who execute dozens of positions daily, this increased cost will significantly drag down overall profitability during the evaluation phases.

However, the commission-free structure for Indices, Oil, and Crypto is a highly attractive feature. Traders specializing in Nasdaq (US100) or Dow Jones (US30) breakouts will find this pricing model highly beneficial. It allows them to focus on capturing spread movement without worrying about backend fees.

The leverage limits are noticeably restrictive, maxing out at 20:1 for Forex and dropping drastically for other assets. While this conservative approach protects the firm’s capital and forces proper risk management, it severely limits the purchasing power of aggressive traders looking to maximize small price fluctuations.

8. Nordic Funder trading platform

Currently, their internal technology is seamlessly integrated with DXtrade, MatchTrader, and cTrader via the GooeyTrade bridging system. This diverse selection ensures that whether you prefer advanced charting, clean interfaces, or algorithmic integration, you have a reliable platform available.

The inclusion of cTrader is particularly advantageous for professional traders who demand Level II pricing, advanced order execution, and a highly customizable workspace. DXtrade and MatchTrader also provide stable, modern web-based and mobile alternatives for managing positions on the go.

Verdict on the Nordic Funder trading platform

Transitioning away from the ubiquitous MT4 and MT5 platforms has been a major pain point for many retail traders. However, Nordic Funder’s proactive integration of cTrader is a massive positive, offering an arguably superior, more transparent execution environment specifically designed for professional volume traders.

For those who rely heavily on custom indicators or older MQL4/MQL5 Expert Advisors, the switch to DXtrade or MatchTrader will require a learning curve and potential recoding of strategies. While these newer platforms are functionally sound, they lack the decades-deep ecosystem of third-party tools found on MetaTrader.

9. Nordic Funder customer service and education

Prompt assistance and updated resources are vital when navigating strict proprietary trading rules. Unfortunately, our review of their current support infrastructure reveals significant flaws that could easily frustrate active traders.

The firm currently lists only two primary methods for contact: standard Email and a community Discord. Noticeably absent is a live chat feature directly on the website, which is an industry standard for resolving urgent trade execution issues.

Nordic Funder customer service
Nordic Funder customer service

To make matters worse, during our hands-on testing, we found that the official Discord channel link is completely inactive. This leaves traders entirely dependent on slower email tickets, removing the ability to interact live with staff or other funded operators.

Regarding their educational hub, the firm provides several “Step-by-step articles” covering program rules and payout structures. However, a closer look reveals these basic guides were published in June 2022 and have not been updated since, making them practically obsolete in today’s fast-changing market.

Nordic Funder blog content
Nordic Funder blog content

Verdict on Nordic Funder customer service and education

From a professional standpoint, the lack of immediate, accessible support is a major operational hazard for any serious trader. If a trading platform freezes during a volatile session, relying on a slow email system because there is no live chat or functioning community hub is simply unacceptable.

Furthermore, presenting an educational blog that has been entirely untouched since mid-2022 strongly implies a lack of active maintenance and community engagement. For a firm collecting evaluation fees, this neglected support infrastructure severely damages their overall credibility in a highly competitive industry.

10. Experienced trader feedback on Nordic Funder Trustpilot

As of April 15, 2026, the official Nordic Funder Trustpilot page reflects a mixed rating of 3.2 out of 5 stars, based on 56 total reviews.

The majority of these reviews were posted throughout late 2024, a period when the firm was heavily marketing its services. Looking closely at the 5-star feedback, several traders praised the prompt customer service and the smooth execution provided by Scandinavian Capital Markets.

Positive Nordic Funder Trustpilot reviews (updated on April 15, 2026)
Positive Nordic Funder Trustpilot reviews (updated on April 15, 2026)

Users like Carl and InsightCoach highlighted that they successfully received multiple payouts without issue. Another trader, Marco, specifically noted that the firm’s allowance for Expert Advisors (EAs) and zero-commission structure on certain assets made it an ideal environment for algorithmic strategies.

However, the recent 1-star reviews reveal significant red flags regarding the firm’s operational integrity. A glaring issue repeatedly brought up is the firm’s handling of former “Tradiac” customers, where promised assessment accounts were reportedly closed without warning. 

Negative Nordic Funder Trustpilot reviews (updated on April 15, 2026)
Negative Nordic Funder Trustpilot reviews (updated on April 15, 2026)

A detailed review by Allan Smith accused the firm of unethical conduct, claiming it broke promises and relied on a clause allowing changes at its “sole discretion.” When he voiced these concerns, he was allegedly banned from the Nordic Funder Discord channel.

Other recent complaints, such as one from Fadi Alajami in March 2026, mention paying the $200 assessment fee but receiving absolutely no follow-up or account credentials. Furthermore, the firm’s Trustpilot profile notes that they have “not replied to negative reviews,” a concerning lack of public accountability for a financial service provider.

11. How to sign up for Nordic Funder

Getting started with this firm is a relatively straightforward process designed to get you trading quickly. However, due to recent scam alerts and cloned websites, it is crucial to ensure you are registering through their official portal.

  • Step 1: Access the official website and initiate the registration.
  • Step 2: Create your personal profile and verify your account.
  • Step 3: Navigate the dashboard and select your preferred challenge.
  • Step 4: Finalize your order and apply any discount codes.

Let’s walk through each specific step in detail so you can begin your funding journey without any technical hiccups.

11.1. Step 1: Access the official website and initiate registration

To begin, navigate directly to the official Nordic Funder homepage. Be highly cautious of any phishing links sent via email or text, as the firm explicitly states it will never ask for payment through those channels.

Once on the main page, locate and click the yellow “Log in” button typically found in the top right corner of the navigation menu.

Access the official website
Access the official website

11.2. Step 2: Create your personal profile

Clicking the login button will redirect you to the standard sign-in portal. Since you are a new user, look below the main login fields and click the “Create an account” link.

This will open the registration form. You must provide accurate personal details, including your First and Last Name, Email, Username, Date of Birth, Phone Number, and Country of residence. Choose a strong password, agree to the Terms & Conditions, and click “Register”.

Create your personal profile
Create your personal profile

11.3. Step 3: Navigate the dashboard and select your challenge

After successfully registering, you will be logged into your main trader dashboard. This central hub is where you will manage all active evaluations and track your overall progress.

Navigate the dashboard and select your challenge
Navigate the dashboard and select your challenge

To purchase an evaluation, look for the “New Challenge” button, prominently displayed at the top or within the “Accounts” section of the left-hand menu, and click it to proceed.

11.4. Step 4: Finalize your order and apply discounts

You will now be presented with the “Choose Your Path” screen. Here, you must carefully select your preferred program type (One-stage, Two-stage, or Three-stage), your desired account balance (from $5K to $500K), and your trading platform (cTrader, DXtrade, or MatchTrader).

Finalize your order and apply discounts
Finalize your order and apply discounts

You can also select premium add-ons, such as an increased Profit Share or the Weekend Hold option, for an extra fee. Finally, fill out your billing information on the right side. 

12. Nordic Funder restricted countries

Due to global financial regulations, not every trader worldwide can access this proprietary firm. While they maintain a relatively open border policy compared to strict US-based brokers, there are specific geographical limitations.

According to their official documentation, traders from OFAC-sanctioned countries are strictly prohibited from participating in any evaluation or funded programs. This primarily includes nations like Iran, North Korea, Syria, and Cuba, though the OFAC list is updated regularly by the US government.

Furthermore, the firm explicitly states that they can limit participation from other regions at their “sole discretion,” meaning they reserve the right to deny service based on changing local laws. Always verify your country’s eligibility with their support team before purchasing an assessment.

13. Should I choose Nordic Funder?

For us, you should not choose Nordic Funder as your primary prop firm at this time. Despite their appealing initial rules and modern trading platforms, the underlying operational issues are too significant to ignore.

When you invest capital and time into an evaluation, you need absolute certainty that the firm will honor its end of the agreement. With many reputable prop firms offering transparent scaling, faster payouts, and strong support, there’s no reason to risk your funds on a company showing these warning signs.

14. Is Nordic Funder legit?

Based on our review of current operations and community feedback, we do not currently recommend Nordic Funder as a reliable or fully legitimate prop firm for serious traders. 

While they technically exist as a registered business and have processed payouts in the past, their recent behavior strongly resembles a firm facing severe internal issues. The abrupt closure of legacy accounts, refusal to address negative reviews, and banning of critics from Discord are clear red flags of a failing or unethical operation.

15. FAQs

This proprietary trading firm was officially established in November 2021 and is based in Sweden. They launched their digital funding evaluations primarily targeting retail traders seeking alternative capital access.

They provide three distinct evaluation challenges to accommodate different styles. Traders can choose between a fast One-Stage plan, a traditional Two-Stage model, or a conservative Three-Stage assessment.

The firm extensively markets an industry-standard 80% profit share for successful operators. However, we found a contradictory statement in their official FAQ claiming a 75% standard performance fee, highlighting a significant lack of transparency.

Traders can purchase assessment accounts ranging from a highly accessible $5,000 up to a maximum of $500,000 in total initial funding.

The max daily loss is calculated strictly based on the previous End of Day (EOD) balance at 17:00 EST. Overall limits utilize either a trailing stop (One-Stage) or a static risk model anchored to the initial balance (Two and Three-Stage).

Holding existing positions through news is permitted, but opening new trades within 3 minutes before or after a major macroeconomic event is strictly prohibited and will result in penalties.

Following the recent industry shifts, the firm currently utilizes DXtrade, MatchTrader, and cTrader, seamlessly connected through the GooeyTrade bridge system.

Funded operators must manually request a payout via their trader dashboard. Alarmingly, they are only permitted to make one withdrawal request every 30 days, a severe delay compared to modern competitors.

While external sources claim they offer scaling up to $1 million, there is currently no publicly available information or documented criteria regarding an official scaling plan on their main website.

Traders have access to dozens of global instruments, including Forex pairs, Precious Metals, major Indices, Energy markets (Oil), and Cryptocurrencies.

Trading on their platform can be profitable, particularly due to the $0 commission structure on Indices, Oil, and Crypto. However, the strict news rules and $7 Forex commissions can heavily drag down scalping strategies.

They provide a modern platform, including DXtrade, MatchTrader, and the highly advanced cTrader platform via GooeyTrade.

The firm charges a non-refundable upfront fee for an assessment account. If a trader meets the profit targets without breaching drawdown limits, they gain access to a funded account. There, they can earn up to 80% of the profits.

The maximum daily loss varies by program: it is capped at 5% for the One-Stage and Three-Stage accounts, and reduced to 4% for the standard Two-Stage evaluation.

16. Conclusion

In conclusion, this detailed Nordic Funder review reveals a proprietary trading firm that offers modern platforms like cTrader and an appealing static drawdown model for specific evaluations. 

However, the contradictory payout terms, the archaic 30-day withdrawal cycle, and the recent influx of negative community feedback regarding closed accounts make them a highly questionable choice for serious operators.

The lack of transparent scaling plans and the mandatory fees for basic features like weekend holding further detract from their overall value proposition. For professional traders prioritizing capital safety, reliable bi-weekly payouts, and stellar customer support, we strongly suggest exploring more established alternatives.

Discover the industry’s most trusted options and proven strategies by exploring our comprehensive prop firm reviews at the H2T Funding blog today.

H2T Funding only uses high quality sources of information and research to support the transmission of accurate and reliable information.

  • Nordic Funder – https://nordicfunder.com/
  • Nordic Funder FAQs – https://nordicfunder.com/faq/

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