Lesson L.
DISHONEST
DISHONEST! BEWARE! Report to CFTC. They do not follow their own rules and it is absolutely designed so that you never receive a payout! The closer you get, the more they make it impossible. Resets are required even when you break no rules! Even if you’re in profit and up thousands with a 80%+ win rate you will log in to see challenge failed with zero explanation. Weird since they claim there is no challenge to pass! When you reach out to them they will respond that they can require a reset on your account “anytime.” You can read all their poorly written rules and you will not find the basis for their actions. The website leads you to believe there are no loss limits on all accounts but that’s not true because it only applies to certain accounts. And the loss limits last forever and actually narrow the closer you get to a payout! Supposedly the loss limits ONLY kick in once you reach the profit target but this is a lie and their response is “loss limits can kick in anytime.” 90% profit split is a lie! It is only 50% above and beyond the profit target until the 4th one which you will never get to. Example-on a $100k account the profit target is $6k so you don’t qualify for a payout until you reach $106k so if you have $106,200 you can only get a payout for $100 over and over until the 4th time. Loss limits are a lie. Even if you haven’t hit the profit target or gone below the $2k loss limit they require resets. The $3k loss limit lasts forever so even if you lose a minimal amount months in when you’re in profit up thousands, it will require a reset. This is all while having a consistent win rate over 80%. If you lose a trade it will block you from trading for the day so you are forced to take a loss! All the stuff they hype about 90% profit split and no loss limits is bs and you’ll receive zero notice or explanation for how the rules are applied. When given opportunities to explain or address issues they fail. They need a legal team to revise their rules and website asap. Other prop firms offer similar accounts in the same price range so do your research. You’re better off starting with $100 and trading micros with no shady prop stealing your money with the promise of a payout that never comes.
Response from TheedgefunderJun 22, 2026
We strongly disagree with the claims made in this review. The Edge Funder has paid out thousands of traders, and suggesting our business model is designed so traders "never receive a payout" is simply false. In fact, payouts can be requested any day of the week and are often processed within hours. Many of the concerns raised here appear to stem from a misunderstanding of the account rules, particularly regarding consistency, profit thresholds, and account protections. These rules are publicly available before purchase, explained throughout our FAQ center, and discussed regularly within our community. The claim that traders receive resets without explanation is also inaccurate. Account actions are reviewed against documented account rules and risk parameters. We do not randomly disable accounts, and profitable traders are not penalized for making money. Additionally, the statement that "90% profit split is a lie" is objectively incorrect. Eligible traders receive a 90/10 profit split according to the published payout rules. We welcome constructive criticism and honest feedback, but accusations of fraud, theft, or regulatory misconduct without evidence are irresponsible and do not reflect the experience of the overwhelming majority of our traders who successfully trade, receive payouts, and continue using the platform. We encourage prospective traders to review our published rules, FAQs, and verified customer experiences rather than relying on a review that contains multiple inaccurate statements about how our accounts operate.