Options FundingReviews of optionsfunding.co

Platform doesn't always give correct fills on closing a position. I've opened several trades with lets say 10 contracts for $1.00 each ($1000 position). Close out the first 9 and lock in profit. Let's say my balance is 50,900 after closing those trades. I have one contract left and it goes 100% and is now worth $2 ($200). I now close the position. My balance should be 51,100, but instead it's 50,650. Yes, they essentially closed my contract for less than $0. Happened on 3-4 trades in about a month. Also, not seeing any larger payouts. Seems folks are getting bumped to live no later than their 2nd payout and sometimes sooner. They might have a nice platform, but this is shady business. You've been warned.

I traded with Options Funding from July to October. After numerous attempts, I completed every requirement, passed my evaluations, and was paid my 1st payout cycle. On Oct 7 I requested my 2nd cycle payouts on 3 accounts, $7,200 total. One was even approved. Before any were paid, I received a Live Program Notice, which holds every pending payout. I was moved toward Live before I was ever profitable with them. After everything I had paid in fees, both options leave me in a deficit: - Accept Live: the pending $7,200 is cancelled and nothing is paid - Decline: paid at most $3,000 total, and permanently barred So my 2nd cycle will never be paid in full, and no choice gets me back to breakeven. Support also confirmed that a notice can be sent at any time, including before your first payout, and that selection isn't based on profit or number of payouts. Why this matters if you run multiple accounts: the $3,000 cap is per person, not per account. You pay fees on every account, but if a notice arrives while payouts are pending, all of them combined pay out no more than $3,000. With several accounts copy trading, you can end up paying more in fees than you could ever be paid. More accounts means more risk, not more payouts. Accepting Live also means waiting for a brokerage account to be set up with no accounts to trade in the meantime, and no timeline was given to me. In my opinion, the way the notice is timed and structured benefits the firm far more than the trader. Before buying, read Section 4.10 of the Terms and the Live Program Rules. The payout table on their site only applies if they let you get that far.

Risk management software needs adjustments. Multi leg options will breach your account with predatory quotes and fills. The site has potential once they fix these issues I'll be back as I like the layout and information, passing evaluations has simple and easy rules to follow, no surprises. This was my 2nd favorite site before I was treated poorly.