Fundora
Overview
Fundora is a Tokyo-based prop trading firm built to serve the needs of Japanese traders through a structured and transparent evaluation model. Led by CEO Goya Ito, the firm offers a localized trading experience with native-language support, LINE assistance and a platform environment fully adapted for both Japanese and English speakers.
Designed with a focus on clarity and accessibility, Fundora provides one-step and two-step evaluations, consistent risk parameters and a streamlined trading framework centered on cTrader. With features such as swap-free gold trading, weekend crypto access and straightforward payout terms, the firm positions itself as a modern, trader-focused entry in Japan’s evolving prop trading landscape.
Fundora builds its model on structure, clarity and localized trader support. The firm avoids hidden conditions and overly complex rules, focusing instead on a transparent evaluation framework designed to reflect the needs of Japanese traders. Its approach centers on several core principles:
- Clarity
- Structure
- Education
- Localisation
- Support
- Consistency
- Growth
- Community
Each principle shapes how Fundora defines its evaluation rules, payout processes and trader assistance.
Fundora is headquartered in Tokyo and operates through a fully bilingual environment that supports both Japanese and international traders. The firm uses cTrader as its sole trading platform and incorporates features tailored to local market preferences, including swap-free gold trading, weekend crypto access and LINE-based customer support. Fundora also maintains an active Discord community, extending its presence beyond traditional proprietary trading environments.
Challenge Structure and Account Options
| Category | Entry | Lite | Growth | Standard | Professional | Master |
|---|---|---|---|---|---|---|
| Price | $177 | $244 | $444 | $666 | $1,299 | $2,133 |
| Initial Demo Capital | $16,666 | $33,333 | $66,666 | $133,333 | $266,666 | $400,000 |
| Phase 1 Target | 8% | 8% | 8% | 8% | 8% | 8% |
| Phase 2 Target | 5% | 5% | 5% | 5% | 5% | 5% |
| Max Daily Loss | 5% | 5% | 5% | 5% | 5% | 5% |
| Max Total Loss | 10% | 10% | 10% | 10% | 10% | 10% |
| Minimum Trading Days | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit Share | 80% | 80% | 80% | 80% | 80% | 80% |
| Commission | $3 (one-way) | $3 (one-way) | $3 (one-way) | $3 (one-way) | $3 (one-way) | $3 (one-way) |
| Gold Swap | Free | Free | Free | Free | Free | Free |
| Maximum Capital | Up to $400,000 | Up to $400,000 | Up to $400,000 | Up to $400,000 | Up to $400,000 | Up to $400,000 |
| Evaluation Phases | Two-Step | Two-Step | Two-Step | Two-Step | Two-Step | Two-Step |
Allowed Strategies
Scalping (20-Second Minimum Hold)
Fundora permits scalping across all evaluation tiers. Trades must respect a mandatory 20-second minimum hold time, particularly on gold (XAUUSD). Positions closed earlier than 20 seconds may be invalidated according to the firm’s published rules.
News Trading
Trading during economic news events is allowed. Fundora does not impose blackout periods, but traders must maintain normal execution behavior and adhere to drawdown limits during volatile periods.
Swing & Position Trading
Longer-term discretionary strategies are fully supported. Traders may hold positions for multiple days, as the firm applies no time-based restrictions on trade duration.
Weekend Crypto Trading
Crypto instruments may be traded during weekends, consistent with the operating hours of the underlying crypto market.
Self-Developed Expert Advisors (EAs)
Fundora allows the use of privately developed EAs and automated systems, as long as they function under normal market conditions and do not rely on prohibited execution methods.
Manual Trading
All forms of discretionary, manually executed trading are permitted, including intraday and multi-day strategies.
Restrictions
High-Frequency Trading (HFT) & Latency-Based Strategies
Fundora prohibits trading approaches that rely on abnormal execution speed, latency exploitation or automated systems designed to manipulate order flow. Ultra-fast strategies that attempt to capitalize on price delays, feed gaps or server response differences are not allowed.
Trades Closed Under 20 Seconds
Positions—especially on gold (XAUUSD)—must remain open for at least 20 seconds. Trades closed earlier may be invalidated or treated as non-compliant with the firm’s evaluation rules.
Third-Party Expert Advisors (EAs)
Fundora allows only self-developed automated systems. Third-party, commercial or externally sourced EAs are not permitted, as they may rely on pre-built logic that introduces risks of prohibited automation.
System Exploits & Abnormal Execution
Any attempt to benefit from platform errors, delayed feeds, irregular pricing behavior or malfunctioning execution environments is forbidden. Traders who encounter technical issues are expected to report them rather than use them for advantage.
Copy Trading & Account Sharing
Accounts must be traded individually and securely. Copy trading, “pass my challenge” services and the sharing or duplication of trades across accounts are prohibited. Identical trade patterns may result in manual review or termination.
Hedging Across Multiple Accounts
While normal hedging within a single Fundora account is allowed, opening opposite positions across multiple accounts to bypass drawdown rules is not permitted.
Martingale & Recovery-Based Position Sizing
Strategies involving aggressive lot-size escalation after losing trades—such as Martingale or forced recovery models—are considered high-risk and are not allowed within the evaluation stages.
Gambling-Style Positioning
Fundora restricts disproportionate, high-risk exposures aimed at reaching profit targets in one or two trades. Such behavior is classified as gambling rather than disciplined strategy execution and may lead to account invalidation.
Reputation
Since Fundora operates primarily in Japan and only recently entered the prop trading space, there is no Trustpilot presence or consolidated international review database available. Instead, most public feedback comes from local trading communities, Discord groups and social media posts shared by early users.
Based on these community reports, trader experiences appear to fall into two general categories.
Traders who closely follow Fundora’s published rules—particularly the daily and total loss limits, the 33.3% consistency rule on pro accounts and the requirement for controlled risk—tend to report a smooth operational environment. They highlight clear rule transparency, straightforward evaluation stages and payouts delivered through domestic Japanese banking channels, which removes uncertainty around international transfers. Many also praise the availability of Japanese-language support and the educational tools offered through Fundora Learning.
On the other hand, some users note that Fundora’s structure is strict and leaves little room for aggressive or unconventional risk-taking. Rules such as the minimum hold time for scalping, the 1% risk guideline and the consistency requirements can feel restrictive for traders whose strategies rely on higher volatility or rapid scale-ups. These traders often describe the environment as rigid, particularly when their trading style conflicts with the platform’s predefined evaluation framework.
Overall, Fundora operates as a filter that rewards traders who can work within disciplined risk parameters while naturally excluding those whose strategies depend on looser rule interpretation or more flexible drawdown conditions. Because its rules are explicitly outlined and consistently referenced in the official guidelines, most of the tension seen across community discussions stems from a mismatch between individual trading styles and Fundora’s rule-based model, rather than from unclear communication.
Verdict
Fundora provides a structured, rules-driven evaluation environment centered on risk consistency, clear trading parameters and transparent account progression. Its model accommodates a wide range of approaches—manual trading, swing trading, news trading, gold trading (swap-free) and cryptocurrency trading including weekends—while still enforcing boundaries designed to maintain controlled risk.
The firm stands out for integrating an educational ecosystem (Fundora Learning), native Japanese support, domestic payout methods and a two-phase evaluation structure with clear milestones. These elements make it particularly suitable for traders who prefer a highly organized environment and value rule clarity, community guidance and a predictable process.
Fundora is best suited for traders who can operate comfortably within predefined limits and maintain disciplined execution across both evaluation phases and the pro account. Traders seeking maximum leverage, highly flexible rule interpretation or more experimental trading behavior may find the structure limiting. Those who adapt well to consistent risk rules, however, will benefit from its stable framework, transparent requirements and strong emphasis on trader development.
Disclaimer: The content presented herein is for informational purposes only. While efforts have been made to ensure the accuracy of the information, no guarantees are made regarding its completeness, reliability or suitability for any particular purpose. Before making any financial decisions, we strongly advise seeking guidance from a qualified professional.