FundedVerse bills itself as “the first prop firm built around capital commitment, risk and dealing desk”. We read its homepage, both sets of terms (effective 17 February 2026), all 63 help-centre articles and its Trustpilot profile, and checked the dashboard’s back end. The biggest finding is how far the marketing sits from the contract.

Who runs FundedVerse and what is behind the dashboard

The contracting party is FundedVerse Ltd. It is incorporated in Saint Lucia under registration number 2025-00890, with a registered office at The Sotheby Building, Rodney Bay, Gros-Islet. Payments may be collected by FVTech LTD, a Cyprus company (HE 487959, Limassol). Both appear in section 1 of the Terms of Service. Saint Lucian law governs, and disputes go to Saint Lucian courts.

Several brands reviewed this month turned out to be Prop Account LLC front ends. FundedVerse does not look like one: its footer and terms name only these two companies. The trader dashboard at app.fundedverse.com sends its data to fundedverse-c.tradetechsolutions.app. That back end belongs to the white-label vendor TradeTech Solutions, whose dashboard code also carries settings for dozens of other brands, including Cyber Funded and AI Prop. A shared vendor is not shared ownership. See our earlier piece on Trade Tech Solutions.

The vault claim against the fee clause

The homepage has a section titled “How the capital works”. It says every funded account “is backed by a dedicated vault of committed capital” and that payouts are covered “because the money is set aside from day one”. Its bullet points add “Rewards covered by reserves, not new sign-ups”. The Italian page says the same.

The legal disclaimer at the foot of the same page says “all program fees are instead used to cover the Company’s operating and administrative expenses”. The paragraph is repeated on five legal pages, and the Challenge Terms say “no real funds are traded at any stage”.

These two statements cannot both describe where a trader’s fee goes. The legal documents never define a vault, say who holds it or name an auditor. A reported claim that 60% of fees went straight into a payout reserve could not be found on the site on 24 September 2026, so we have not relied on it. The terms bind, and they say fees pay running costs.

What FundedVerse publishes about payouts, and what we could not verify

The homepage headline figures are a 45-minute average payout time, “$1M+” paid to traders, “25.000+” traders and a “Zero reward denial policy”. Payout cards show $260 to $6,200 processed in 12 minutes to 1 hour 35 minutes. Two press-style quotes are credited to “Prop Review Weekly” and “The Trade Desk Review”; we could not find either publication.

The contract promises less. Clause 4.4 of the CFDs Challenge Terms says payout timelines “are targets only and are not guaranteed”. Clause 4.5 lets the firm withhold or reverse even an approved reward, and other clauses list cases where it will “deny any pending or future Performance Rewards”, which sits awkwardly with a zero-denial policy. Non-Rise payout methods may carry a 3.5% fee, per the help centre.

On independent evidence, the firm’s Trustpilot profile was claimed in May 2026. It showed a 4.3 score from 27 reviews when we checked, against the “4.7” shown on FundedVerse’s homepage. The firm invites its customers to review. Replying to a critical reviewer who described a rejected evaluation and platform lag, FundedVerse called it fake and said it does not accept US clients, yet neither its help centre nor its terms list the United States as restricted. Reddit was unreachable from our tools, so we found no dated payout threads.

What we could not verify: the $1M paid-out figure, the 45-minute average, the “$30M+” said to be “deployed into trader vaults”, whether any vault exists outside the firm’s own books, and the Saint Lucia and Cyprus company records. FundedVerse publishes no audited payout data.

The payout caps are the real product

Under clause 4.3, profit above the per-cycle cap “is permanently cancelled” on every model except the 2-Step Static, which carries it forward.

The numbers are small. A funded $100K Ultra 1-Step can pay out at most $3,000 of profit per 14-day cycle, or $2,400 at the default 80% split. The first request waits at least 21 days, and the $649 fee is never refunded. On a $50K Instant account costing $699, the whole loss allowance is a 3% trailing drawdown of $1,500 with no daily limit. The most it can pay out per cycle is also $1,500, or $1,200 to the trader.

FundedVerse model ($100K where offered)	Fee	Funded max loss	Cap per cycle	Cycle	Fee refund
1-Step	$537	6% trailing	5% ($5,000)	10 days	After 3rd payout
Fast Pass 1-Step	$577	4% trailing	3% ($3,000)	10 days	After 3rd payout
Ultra 1-Step	$649	6% trailing	3% ($3,000)	14 days, first after 21	Never
2-Step Static	$537	10% static	5% ($5,000), carried forward	21 days, then 10 business days	After 3rd payout
Instant ($50K max)	$699	3% trailing	3% ($1,500)	14 days, first after 21	Never

The homepage grid says “Refund: Yes” for several models. The help centre and clause 5.1 say the refund comes only after the third approved payout on the same account.

Rules that void FundedVerse accounts

Drawdown that tightens on funding. The Ultra 1-Step is sold as having the “biggest max loss”, 10% during evaluation. Once funded, the maximum loss drops to 6% and the daily limit from 5% to 3%. The homepage grid also shows an 8% maximum loss for the 1-Step evaluation, while clause 1.2.2 and the help centre both say 6%.

Which daily-loss rule applies? The help centre says the daily limit is measured from the higher of balance or equity at the start of each trading day. Clause 1.2.1 of the Challenge Terms says that for every model except the 2-Step Static, the daily limit trails “against the account’s highest equity watermark”. The terms rank above the help centre, so traders should assume the stricter reading applies.

Holding times. The help centre sets a 180-second minimum hold. The terms treat any position held less than four minutes as “Aggressive Scalping” and remove its profit from the payout calculation. No trade may stay open beyond three calendar days, no more than two positions may be open on one asset, funded accounts must be flat at weekends, and trading is barred five minutes either side of news.

Consistency. A 20% rule applies by default on Instant and 25% on Ultra. On other models the firm can apply up to 40% at its discretion, per the consistency-rule article. EAs need a paid add-on and are banned on funded Ultra and Instant accounts.

How FundedVerse compares on a $100K one-phase account

$100K 1-Step	FundedVerse 1-Step	FTMO 1-Step	FundedNext Stellar 1-Step
List price	$537	€499	$569.99
Profit target	10%	10%	10%
Daily loss limit	3%	3%	3%
Max loss	6% trailing	10% end-of-day trailing	6% static

Sources: FundedVerse terms and its loss-limit article; FTMO trading objectives; FundedNext Stellar 1-Step rules. FTMO and FundedNext list prices come from our 23-firm price survey of 9 September 2026. FundedVerse’s trailing 6% floor is tighter than FundedNext’s static 6%. FundedNext advertises “Rewards in 24h” with $1,000 extra if it misses. FundedVerse’s contract calls its own speed a target only.

Regulatory posture

FundedVerse is not regulated. Its help centre says it is not a broker and does not handle client funds for investment. Every account, funded ones included, runs in a simulated environment, and payouts are discretionary “Performance Rewards”, not trading profits. There is no investor-compensation cover of any kind. For where supervisors are starting to draw lines around this business model, see our explainer on prop firm regulation.

FAQ

Is FundedVerse legit?

FundedVerse Ltd is a real Saint Lucia company (2025-00890) with published terms, a working MT5 and MatchTrader dashboard and paying customers on Trustpilot. It is also young, unregulated and fully simulated, and its marketing on vaults and zero payout denials goes further than its contract. Treat it as a firm without a track record.

How fast does FundedVerse pay out?

The firm advertises a 45-minute average from approval. The contract calls payout timelines “targets only”, and first payouts cannot be requested before day 21 on Ultra, Instant and 2-Step Static accounts. 1-Step, 2-Step and 3-Step accounts run on 10-day cycles. Every model needs 15 completed trades per cycle.

Does FundedVerse refund the challenge fee?

Only in narrow cases. You can get a refund within 24 hours of purchase if you have not traded. After that, 1-Step, 2-Step, 3-Step and Fast Pass fees are refunded only after the third approved payout on the same account. Ultra 1-Step and Instant fees are never refunded.

What is the FundedVerse vault system?

The homepage says each funded account has a dedicated vault of committed capital and that rewards come from reserves, not new sign-ups. The terms do not define a vault, and they say fees pay the company’s operating and administrative costs. We found no audit or custody arrangement for any vault.

This review is independent editorial analysis and is not financial, investment, or trading advice, and is not an endorsement or solicitation. The Industry Spread has no affiliate or referral relationship with the firms covered. Proprietary trading challenges carry a fee that is generally non-refundable, most participants do not reach a funded account, and funded capital is the firm’s capital, not the trader’s. Terms change frequently — always verify current rules directly with the firm before paying any fee.