Raise My Funds Review: Is This Prop Firm the Right Trading Challenge for You?
Tired of endless trading challenges and hunting for reliable funding? In this Raise My Funds review, we'll examine their trading challenge setup, profit sharing model, and trading platform. Let's see if Raise My Funds truly delivers a viable route to a funded account with fair profit splits, or whether their daily loss caps and fee system might pose hidden challenges - especially before committing to their funded trading account program. So, are you ready to cut through the noise and evaluate this prop firm objectively?
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Introduction to the Evaluation Platform
Raisemyfunds, launched in 2023, provides participants with funded opportunities after completing trade challenges. This proprietary trading company prioritizes ethical strategies through its MetaTrader 5 platform.
Developed by broker RaiseFX and headquartered in South Africa, Raisemyfunds allows individuals to demonstrate skills through evaluation phases for capital access. Their program features accounts reaching $1,000,000, appealing to serious market participants aiming to optimize profit splits and scaling plans. Notably, the platform's structure avoids overnight fees during assessment periods.
What distinguishes Raisemyfunds lies in its FSCA-regulated status - a rarity among evaluation providers. This oversight, combined with transparent progression rules, creates a secure environment for developing trade expertise.
Competitive Profit Split
Earn up to 90% of your trading profits with our industry-leading profit sharing model
FSCA Regulated
Trade with confidence knowing we're fully regulated by the Financial Sector Conduct Authority
Professional Platform
Access markets through the powerful MetaTrader 5 trading platform
Trustpilot Reputation Analysis
Raisemyfunds maintains a 4.1/5 Trustpilot score. The company actively resolves concerns through direct support channels, demonstrating commitment to user satisfaction.
Efficient Transactions
Withdrawal processing within a few hours via USDT
Educational Support
Regular webinars and strategy sessions
Compliance Focus
Strict adherence to financial regulations
Leadership Visibility
Active CEO communication and presence
The Two-Step Evaluation Process - Raise My Funds Review
RaiseMyFunds uses a dual-phase approach that serves as the entry point for those looking to get funded. This system evaluates both technical ability and psychological discipline in live market conditions - two factors that truly separate sustainable success from random luck.
| Requirement | Phase 1 | Phase 2 |
|---|---|---|
| Profit Target | Higher (Specific percentage not provided) | Lower (Specific percentage not provided) |
| Daily Loss Limit | Strict limits to minimize risk | Strict limits to minimize risk |
| Overall Loss Limit | Specific percentage not provided | Specific percentage not provided |
| Trading Days | Required minimum | Required minimum |
| Evaluation Focus | Core competencies and risk protocols | Strategic consistency under pressure |
Where raisemyfunds differentiates itself is through adaptable timeline options. Participants aren't racing against arbitrary deadlines, which ironically often leads to rushed decisions. By removing this psychological pressure, the challenge becomes about demonstrating genuine skill rather than hurried execution.
The platform's approach addresses a common pain point: many capable individuals struggle with artificial time constraints. Here, the path to becoming funded respects the natural rhythm of market opportunities.
MetaTrader 5 Trading Environment
Raise My Funds leverages MetaTrader 5 (MT5) through its raisemyfunds platform, renowned for robust tools and rapid order execution. MT5 facilitates automated strategies while maintaining a stable environment for trade operations—a key advantage for funded account holders.
Raise My Funds accommodates diverse trade approaches, though ethical discipline during evaluation challenges remains non-negotiable. Scalping receives explicit authorization, provided users maintain professional standards. The platform prioritizes transparent practices over micromanagement, ensuring strategy alignment with risk protocols.
Funding and Scaling Options
Initial Funding
Start with a funded balance for real-market strategy execution
$10k Milestone
Begin your challenge with $10,000 and scale upwards with success
Profit Target
Achieve 10% gains to unlock immediate scaling opportunities
Up to $500k
Progress from $10k to half-million dollar accounts through consistency
Profit Share Increase
Top performers earn up to 90% profit share
Advantages and Limitations - Our review on Raise My Funds
Key Advantages
FSCA Regulation
Operated by Raise Global SA (Pty) LTD under South Africa's financial watchdog oversight
High Earnings Share
Keep 70-90% of generated profits, among the most generous in the industry
Growth Potential
Scale up to $1,000,000 through proven performance
Ethical Practices
Transparent operations through MT5 platform
Flexible Withdrawals
Multiple payout options including crypto and traditional banking
Limitations to Consider
Support Timeliness
Some delays in account-specific inquiry responses
System Stability
Occasional platform glitches reported
Payout Consistency
Sporadic delays in payment processing
Frequently Asked Questions
What is Raise My Funds and what do they offer?
Raise My Funds is a proprietary trading firm launched in 2023 that provides traders with funded trading accounts after completing evaluation challenges. They offer access to capital, allowing traders to demonstrate their skills in live market conditions using the MetaTrader 5 platform.
The firm is FSCA-regulated, providing a secure and transparent environment. Traders can access accounts reaching up to $1,000,000 and benefit from a scaling plan based on performance.
How does the Raise My Funds evaluation process work?
Raise My Funds employs a two-step evaluation process to assess traders' technical skills and psychological discipline. This involves meeting profit targets while adhering to strict daily and overall loss limits.
The platform offers adaptable timelines, removing the pressure of arbitrary deadlines. This allows traders to demonstrate genuine skill and develop their trade management techniques at their own pace.
What trading platform does Raise My Funds use?
Raise My Funds utilizes the MetaTrader 5 (MT5) platform, known for its robust tools and rapid order execution. MT5 facilitates automated strategies and provides a stable environment, especially during high-volatility scenarios.
The platform accommodates diverse trading approaches, including scalping, provided users maintain ethical and professional standards. This allows traders to employ their preferred methods without arbitrary restrictions.
What are the funding and scaling opportunities with Raise My Funds?
Raise My Funds offers an account scaling program that allows users to grow their balance through proven performance. Traders can start with a funded balance and progress from $10,000 to accounts up to $500,000.
Achieving a 10% profit target unlocks immediate scaling opportunities, and top performers can see their earnings percentage rise from 85% to 90%. The platform also manages drawdowns through calculated risk parameters with daily and maximum loss limits.
What is the profit split structure at Raise My Funds?
Raise My Funds offers earnings shares ranging from 70-90%, incentivizing performance and rewarding disciplined market participation. This structure directly ties compensation to results, making the funded journey increasingly rewarding over time.
They provide bi-weekly payouts via traditional banking or cryptocurrency transfers, addressing cash flow concerns for active traders. This predictable schedule supports financial planning.
How does Raise My Funds compare to other prop firms like FTMO and FundedNext?
Raise My Funds differs from FTMO and FundedNext in its challenge setup and scaling mechanisms. While FTMO offers demo accounts and educational tools, Raise My Funds prioritizes ethical trade practices through MetaTrader 5 and a unique confirmation phase.
Compared to FundedNext, Raise My Funds allows users to grow funded accounts to $1,000,000 through consistent performance, whereas FundedNext offers flexible evaluations without strict time constraints. The choice depends on individual needs in challenge complexity and support systems.
Is Raise My Funds a legitimate and safe platform?
Raise My Funds' FSCA license confirms its legal standing, providing traders with a secure environment. The Financial Sector Conduct Authority's oversight ensures compliance with strict financial regulations.
The platform employs daily and overall loss limits for risk management. The combination of official oversight and MetaTrader 5 integration presents a viable path to scaled market participation.
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