The Funded Room Review 2026: Easy Rules Prop Firm by Trade Room Founder Mayank (Full Guide + Referral Code)
The prop trading industry is growing rapidly, and a new name that has recently gained attention is The Funded Room. Founded by Mayank, the creator of the popular Trade Room YouTube channel, this platform promises easy rules, fast payouts, and trader-friendly funding models.
What is The Funded Room?
The Funded Room is a proprietary trading firm (prop firm) that provides traders with funded accounts after they pass an evaluation or instant funding process.
Unlike traditional brokers, traders do not risk their own capital. Instead, they trade using simulated capital and receive a percentage of the profits.
Key highlights (from the rules page)
- Three programs: Instant Funding, One-Step Evaluation, Two-Step Evaluation
- Account sizes: $5,000 to $100,000 (as listed in rules)
- Profit split: 80% (as listed in rules)
- Payout requests processed on Mondays (as listed in rules)
- Clear drawdown limits: 3% daily / 6% total (Instant & One-Step) or 5% daily / 10% total (Two-Step)
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Founder of The Funded Room — Mayank (Trade Room YouTube)
Who is Mayank?
Mayank is a trading educator and content creator known for running the Trade Room YouTube channel, where he shares price action strategies, live trading sessions, trading psychology tips, and prop firm guidance.
Recently, he launched The Funded Room prop firm to provide traders with easier access to funded capital. The strong community from his YouTube audience is one reason the platform gained quick popularity.
The Funded Room Rules (Official Summary for 2026)
We reviewed the official rules page. The Funded Room lists three account programs: Instant Funding, One-Step Evaluation, and Two-Step Evaluation.
Quick rule summary (high level)
- Profit targets: Instant Funding has no target; One-Step has a 10% Stage 1 target; Two-Step has 8% (Stage 1) + 5% (Stage 2).
- Daily loss limit: 3% (Instant Funding & One-Step) or 5% (Two-Step), recalculated from the daily start balance at 2 AM UTC.
- Max total loss: 6% (Instant Funding & One-Step) or 10% (Two-Step).
- Minimum trading days: Instant Funding requires 7 calendar days before the first payout; One-Step requires 3 days in evaluation; Two-Step requires 5 days in each evaluation stage.
- Instant Funding consistency cap: no single trading day's profit can exceed 15% of total accumulated profits.
- Time limits: the rules state there is no time limit to complete challenges, but accounts cannot be inactive for more than 30 consecutive calendar days.
News trading & strategy rules (summary)
News trading is allowed during evaluation stages. On funded accounts, the rules state profits from trades opened/closed within 3 minutes of high-impact news may not count unless the trade was opened at least 5 hours before the event. The rules also list restrictions around hedging, copy trading, and high-frequency trading (HFT).
Read the full rules here: thefundedroom.com/rules
Account Types (Instant Funding vs One-Step vs Two-Step)
Here is a simple breakdown of each program type, summarized from the official rules page. Always confirm the latest numbers on the rules page before purchasing.
Instant Funding
No evaluation phase. You start directly on a funded account.
- Profit target: None (Unlimited)
- Daily loss / max total loss: 3% / 6%
- First payout eligibility: after 7 calendar days
- Consistency rule: best day ≤ 15% of total profits
- Leverage: Forex 1:30 · Commodities 1:10 · Crypto 1:1
- Profit split: 80%
One-Step Evaluation
One evaluation phase (Stage 1), then you get the funded account.
- Stage 1 profit target: 10%
- Daily loss / max total loss: 3% / 6% (evaluation + funded)
- Min trading days: 3 days in evaluation
- Funded profit target: None (Unlimited)
- Leverage: Forex 1:30 · Commodities 1:10 · Crypto 1:1
- Profit split: 80%
Two-Step Evaluation
Two evaluation phases (Stage 1 + Stage 2), then you get the funded account.
- Profit targets: 8% (Stage 1) + 5% (Stage 2)
- Daily loss / max total loss: 5% / 10% (all stages)
- Min trading days: 5 days in Stage 1 and 5 days in Stage 2
- Funded rule: max risk per trade must be below 3%
- Leverage: Forex 1:100 · Commodities 1:30 · Crypto 1:2
- Profit split: 80%
| Rule | Instant Funding | One-Step Evaluation | Two-Step Evaluation |
|---|---|---|---|
| Profit target(s) | None | 10% (Stage 1) | 8% (Stage 1) + 5% (Stage 2) |
| Max daily loss | 3% | 3% | 5% |
| Max total loss | 6% | 6% | 10% |
| Minimum trading days | 7 days before first payout | 3 days in evaluation | 5 days (Stage 1) + 5 days (Stage 2) |
| Special rules | 15% consistency cap | — | <3% risk per trade (funded) |
| Leverage (FX / Commodities / Crypto) | 1:30 / 1:10 / 1:1 | 1:30 / 1:10 / 1:1 | 1:100 / 1:30 / 1:2 |
| Profit split | 80% | 80% | 80% |
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Profit Split and Payouts (What the rules page says)
According to the official rules/terms:
- Profit split: 80% for traders (all program types)
- Payout day: payout requests can only be submitted and processed on Mondays
- Processing time: typically under 2 hours, up to 24 hours if verification is required
- Withdrawal method: USDT via ERC-20, BEP20, or TRC-20 networks
- Minimum withdrawal: $100
- Challenge fee refund: 100% refundable after successful completion (Instant Funding + One-Step: first profit split payout; Two-Step: second profit split payout)
Rules can change. Before buying any prop firm account, verify the latest details on the official rules page.
Referral Code — Get Discount on The Funded Room
You can join The Funded Room using the referral link below to get possible discounts or promotional offers.
Replace YOURCODE with your actual referral code.
Pros and Cons of The Funded Room
Pros
- Three program choices: Instant Funding, One-Step, and Two-Step
- Clear profit targets on evaluations (10% one-step; 8% + 5% two-step)
- Unlimited time to complete challenges (with an inactivity limit)
- Weekend & overnight holding allowed (as stated in rules)
- EAs allowed for trade/risk management (with restrictions on copy trading / pass-EAs)
- 80% profit split (as listed in rules)
- Challenge fee refund after success (as listed in rules)
Cons
- New prop firm (limited track record)
- Not financially regulated
- Payout requests processed only on Mondays (per rules)
- Instant Funding has a 15% consistency cap
- Two-Step funded stage adds a max risk-per-trade rule (<3%)
- Strict restrictions on hedging / HFT / copy trading
Is The Funded Room Legit or Scam?
The Funded Room operates under the standard prop firm business model used globally. Important points to keep in mind:
- It is a newly launched company
- No long-term payout history yet
- Founder has a public identity (a positive trust factor)
- Risk level is higher than established firms
Practical takeaway
Legit business model, but still higher risk due to newness. Start with a small account size and withdraw profits early if possible.
Tips Before Buying Any Prop Firm Account
Risk management advice
- Start with the smallest account size
- Withdraw profits early (when allowed)
- Follow rules strictly
- Record your trades
- Never risk money you cannot afford to lose
Prop trading always carries risk regardless of the company.
Comparison With Other Prop Firms
Compared to major firms like FTMO or FundedNext:
| Feature | The Funded Room | Established Firms |
|---|---|---|
| Rules Difficulty | Easy | Medium / Hard |
| Track Record | New | Proven |
| Cost | Lower | Higher |
| Trust Level | Medium risk | Higher trust |
| Community | Growing | Large |
Frequently Asked Questions (FAQ)
Q1. What account types does The Funded Room offer?
According to the rules page, there are three programs: Instant Funding, One-Step Evaluation, and Two-Step Evaluation.
Q2. What are the profit targets?
Instant Funding: no target. One-Step Evaluation: 10% target in Stage 1. Two-Step Evaluation: 8% target in Stage 1 and 5% target in Stage 2.
Q3. What are the drawdown limits?
Instant Funding and One-Step list 3% max daily loss and 6% max total loss. Two-Step lists 5% max daily loss and 10% max total loss. The rules also state the daily limit recalculates from the daily start balance at 2 AM UTC.
Q4. Is there a consistency rule?
Yes. Instant Funding lists a consistency cap: no single trading day's profit can exceed 15% of total accumulated profits.
Q5. When can I request payouts?
The rules/terms state payout requests can only be submitted and processed on Mondays. Minimum withdrawal is $100. Instant Funding lists a 7-day minimum before the first payout. One-Step and Two-Step list no minimum trading days requirement for funded payouts.
Q6. Is news trading allowed?
The rules state news trading is allowed during evaluation stages. On funded accounts, profits from trades opened/closed within 3 minutes of high-impact news may not count unless the trade was opened at least 5 hours before the event.
Q7. Are EAs (Expert Advisors) allowed?
The rules state EAs are allowed for trade and risk management. However, third-party EAs designed to pass evaluations and copy-trading services are prohibited.
Q8. Is the challenge fee refundable?
The rules/terms state the challenge fee is fully refundable after successful completion. Instant Funding and One-Step list the refund on the first profit split payout; Two-Step lists the refund on the second profit split payout.
Q9. Is there any The Funded Room coupon code or discount available?
Currently, there is no official discount coupon available on The Funded Room website. However, if you want to use a referral code during purchase, you can use T1N3UV92. If any promotion becomes active in the future, it may apply automatically at checkout.
Q10. Can I still use a referral code without a discount?
Yes, referral codes can still be used even when no discount is currently running. They may provide tracking benefits or future promotional eligibility. You can use referral code T1N3UV92 while purchasing your account.
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Final Verdict — Should You Join?
The Funded Room has gained attention due to easy rules, strong marketing, founder credibility, and India-friendly payment support. However, it is still a new prop firm, so risk exists.
Best approach
Start small, test payouts, then scale.
Conclusion
The Funded Room is an interesting new prop firm launched by Trade Room founder Mayank with trader-friendly rules and fast payout claims. While the opportunity looks attractive, traders should always remember that prop trading involves risk, especially with new companies.
If you plan to join, use a referral code for discounts and begin with cautious expectations.