Hey traders, welcome back. If you’ve been scrolling through trading Twitter or watching YouTube lately, you’ve probably heard the buzz around a relatively new player in the prop firm space: The Funded Room.
I’ve spent the last few days digging into their rules, their account sizes, and the team behind it all. I know firsthand the struggle of having the skills and the discipline, but simply lacking the capital to make trading a full-time reality.
So, when a new prop firm pops up promising great conditions, I naturally want to see if it’s the real deal or just another gimmick.
In this review, I’ll give you a highly transparent breakdown of The Funded Room so you can decide if it’s the right fit for your trading style.
Who is Behind The Funded Room? (Meet Mayank Raj)
As traders, we have to protect our time and our money. Knowing who is running the prop firm is priority number one.
The Funded Room was founded by Mayank Raj. If that name sounds familiar, it’s probably because he’s the CEO and founder of The Trade Room—one of the largest and most trusted trading education communities in India.
With over 2 million subscribers on YouTube and millions of views, Mayank isn’t some anonymous figure hiding behind a corporate logo. He’s a real trader with years of experience trading Indian stocks, crypto, and forex.
Mayank’s philosophy has always been centered around simple price action, ruthless discipline, and strict risk management.
He built The Funded Room specifically to solve the biggest problem his students faced: lack of capital. Having a visible, reputable founder who genuinely understands retail trading definitely adds a layer of trust here.
(The corporate entity operating the firm is Xybit Inc., based in Delaware, which is standard practice in the industry.)
Account Types: Which One Fits Your Style?
What I instantly liked when looking at their platform is that they don’t force you into a single box. The Funded Room offers accounts sizes starting from a very accessible $5,000 all the way up to $100,000.
They cater to different trading personalities by offering three distinct funding paths:
1. Instant Funding (For the Impatient Scalpers)
If you hate evaluation phases and just want to get straight to earning, this is for you. You skip the challenge and start trading live capital immediately.
- Profit Target: Unlimited (No target!)
- Max Daily Loss: 3%
- Max Total Loss: 6%
2. The One-Step Evaluation (Fast Track)
A single-phase challenge. Prove you can hit the target once without hitting the drawdown limit, and you’re funded.
- Profit Target: 10%
- Max Daily Loss: 3%
- Max Total Loss: 6%
- Min. Trading Days: 3 Days
3. The Two-Step Evaluation (The Classic Route)
The traditional industry standard. Pass Phase 1, pass Phase 2, and get your funded account. This offers more breathing room on your drawdown limits compared to the One-Step.
- Profit Targets: 8% (Stage 1) / 5% (Stage 2)
- Max Daily Loss: 5%
- Max Total Loss: 10%
- Min. Trading Days: 5 Days
The Trading Rules: Are They Fair?
Every prop firm has rules; it’s how they manage their risk. The question we have to ask is: are the rules designed to make us fail?
Looking at The Funded Room, the rules are actually very reasonable and industry-standard:
- Trading Period: Unlimited. This is huge. The days of stressing out trying to hit an 8% target in 30 days are over. Trade at your own pace.
- Leverage: 1:100. This is plenty of purchasing power for day traders and scalpers.
- Profit Split: You keep up to 80% of your profits.
- Consistency Rule: There is a 15% consistency rule on Instant and One-Step accounts, meaning you can’t make all your profit on one lucky gamble. You have to prove actual trading consistency.
The Verdict: Should You Trade With The Funded Room?
If you are a trader looking for a firm that offers flexible account styles and is backed by a reputable founder who actually trades, The Funded Room is absolutely worth considering.
The fact that they offer high leverage (1:100), unlimited trading days, and an instant funding option makes them highly competitive in 2026.
The 80% profit split is solid, and knowing Mayank Raj’s reputation in the trading community gives me peace of mind that payouts will be honored.
My advice? If you are a conservative swing trader, take the Two-Step Evaluation for the larger 10% overall drawdown buffer.
If you are a sniper who trusts their edge, grab the Instant Funding or One-Step challenge and get to the payouts faster.
Ready to get funded?
