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Prop firm

Fundora Challenge Rules: Two Phases, Loss Limits and Rewards

NEXUS Research Team · Research date 2026-10-15

Fundora’s Terms describe all accounts as virtual-funds simulation. The rules guide found is dated March 2025 and current prices could not be confirmed, so the price axis is not scored and the page offers only a link to the current official rules.

Eligibility check: On hold
Confidence: low
Research date: 2026-10-15

On hold The application link is paused for this provider until the open items listed on this page are resolved. Use the official links to check the latest terms and eligible regions.

Check latest terms and eligible regions [23] Fundora Terms of Use and Service Entities [24]

Conditions from official sources

Item	Details	Source
Operating structure	The Terms describe Quantum Fund Traders Inc. (Japan address) and Fundora Ltd. (Saint Lucia, No. 2026-00589) as sharing roles. Funded/Pro accounts are a virtual-funds simulation environment.	[24]
Rules guide (19 March 2025)	Phase 1 target 8%; Phase 2 target 5%; 3 minimum trading days each; daily loss 5%; maximum loss 10%	[23]
Pro account reward	After profit share, the first reward is capped at 10% of the initial balance and the second at 15%; later conditions follow the program terms	[23]
Payout page	Describes the Pro account as a demo environment with an 80% profit share, normally processed in 2–3 business days after the contract and KYC	[25]
Not confirmed	The rules guide is dated 2025 and the current Terms prevail. A full plan price list could not be confirmed, so the price axis is N/A.	[23] [24]

Fundora’s Terms describe Quantum Fund Traders Inc. (Japan address) as handling brand management, evaluation and education, and Fundora Ltd. (Saint Lucia) as handling the service, platform and simulation environment. Balances, trade history and trades are a virtual-funds simulation, not trading of customer funds in the real market. [24]

The official Japanese rules guide (19 March 2025) lists a Phase 1 target of 8%, a Phase 2 target of 5%, 3 minimum trading days in each phase, a 5% daily loss and a 10% maximum loss. For the Pro account, the guide describes caps on the first and second reward as a share of the initial balance. The Payouts page also describes the Pro account as a demo environment with an 80% profit share, normally processed in 2–3 business days after the contract and KYC. [23] [25]

Not confirmed before publication: the 2025 blog differs from the current Terms and from the multi-account rules updated after December 2025, and a full price list could not be confirmed. Do not read the 2025 guide as current rules. The current Terms and your individual plan take precedence, so this page keeps the price axis as N/A and offers only a link to the current official rules.

What to compare before applying

Which legal entity and regulator apply to your residence
How costs are measured: spread, commission (per side or round turn), swaps and funding
Which account, platform and symbol the quoted terms apply to
Whether your country is eligible, and which restrictions apply
Whether the page’s figures still match the current official source

FAQ

Are Fundora accounts live brokerage accounts?

No. The Terms describe a virtual-funds simulation environment, and the Payouts page describes the Pro account as a demo environment. [24] [25]

Are the 2025 rules still current?

Not necessarily. The guide is dated 19 March 2025 and the current Terms and your plan take precedence. [23] [24]

What does a Fundora challenge cost?

This page does not state a price because the full price list could not be confirmed. Check the official site.

On hold The application link is paused for this provider until the open items listed on this page are resolved. Use the official links to check the latest terms and eligible regions.

Check latest terms and eligible regions [23] Fundora Terms of Use and Service Entities [24]

Seven-axis information-transparency score

Editorial score for how clear and comparable the provider’s published information is. It is not a rating of safety, regulation, profitability, legal approval or suitability for you, and it is not a recommendation or ranking.

Focus or hover a point to read the basis for the score.

Overall transparency score 7.2 / 10Average of the valid axes (out of 10, one decimal). Differences under 0.3 are treated as equivalent.

Confidence: low Data coverage: 86%

Eligibility check: The Terms confirm the operating structure and the simulated nature. Until the difference between the 2025 blog conditions and the current plan terms is checked, the CTA is limited to checking the current official rules. [23] [24] [25]

The current Terms describe the roles of each group company and the virtual-funds simulation.
The detailed rules guide used is from March 2025, so some conditions may be stale.
The price axis is null because current prices could not be fully confirmed; it is not treated as 0.

Score basis (editorial)

Seven-axis information-transparency score
Axis	Score (0–10)
Clarity of rules	7
Loss-limit calculation method and flexibility	8
Clarity of fees and extra costs	Not scored (shown as N/A, never as 0)
Clarity of reward/payout terms	7
Choice of programs, markets and platforms	7
Operator and contract-term transparency	8
Regional eligibility and user-facing risk information	6

How the score works

Each axis is an integer from 0 to 10; an axis with no basis is null and shown as N/A, never 0.
All seven axes carry equal weight; the overall value is shown only when at least 80% of axes are valid.
Brokers and prop firms are never ranked together; the score is not an ordering of recommendations.
Scorecard version 1.0, as of 2026-10-15. Changes are logged with version, date and reason.

Sources

Numbers in [brackets] point to the numbered sources below. Official sources are linked as text; the affiliate button is a separate advertisement.