Based on looking at the website, RebelsFunding.com presents itself as a proprietary trading firm offering individuals the opportunity to trade with simulated capital after completing their training programs.
The core promise revolves around providing access to significant “simulated funding” up to $640,000, allowing aspiring traders to practice and hone their skills without risking their own capital.
The site emphasizes a “No Time Limit Prop Firm” model, which is a key differentiator, aiming to reduce pressure and enable traders to progress at their own pace.
This approach seems designed to appeal to those who seek flexibility and a structured path to potentially becoming a funded trader, focusing on skill development and risk management within a simulated environment.
The platform positions itself as an accessible gateway for both beginners and experienced traders, offering various multi-phase training programs Copper, Bronze, Silver, Gold, Diamond, and a Trading Competition tailored to different skill levels.
The ultimate goal, as presented, is for successful participants to become “RF traders” and receive a “RCF trading account,” where they can “start trading and are entitled to earn commission up to 75-90%,” with the firm covering “any losses.” This model, while intriguing, necessitates a deeper look into its mechanics, transparency, and the underlying financial principles, especially given the crucial distinction between simulated trading and actual capital allocation.
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
Understanding the RebelsFunding Model: Simulated Trading vs. Real Capital
RebelsFunding operates on a model common among prop trading firms, but with a strong emphasis on simulated environments.
It’s crucial for prospective traders to understand that the initial phases involve trading with “simulated funding.” This means participants are not trading with real money provided by RebelsFunding until they successfully complete their training and evaluation phases.
The firm states that upon completion, traders “receive a RCF trading account,” implying a transition to a live trading environment where actual commissions can be earned.
However, the details of this transition, the nature of the “RCF trading account,” and the firm’s specific risk management protocols for actual trading are vital points to scrutinize.
The Training Programs: A Phased Approach to Skill Development
RebelsFunding offers a tiered system of training programs, each designed to cater to different levels of trading experience and to evaluate a trader’s discipline and proficiency.
These programs are structured to progressively challenge participants and instill sound risk management practices.
- RF Copper 4-Phase Training Program: Geared towards beginners and those looking to solidify fundamental trading principles. This longer program likely focuses on building a strong foundation.
- RF Bronze 3-Phase Training Program: For moderately advanced traders, suggesting a quicker progression and an expectation of some prior market understanding.
- RF Silver 2-Phase Training Program: Aimed at more advanced traders, implying a higher starting skill level and a more streamlined evaluation.
- RF Gold 1-Phase Training Program: Designed for advanced traders who are expected to demonstrate consistent profitability and risk management in a single evaluation stage.
- RF DIAMOND 10-Level Training Program: This extensive program is specifically for experienced traders, indicating a rigorous and comprehensive evaluation process for those seeking larger simulated capital.
- RF Trading Competition: A unique offering that allows traders to showcase their skills in a competitive environment, potentially leading to funding opportunities. This can be a good way to test oneself without committing to a full program fee.
No Time Limit: A Double-Edged Sword for Traders?
One of RebelsFunding’s prominent selling points is its “No Time Limit Prop Firm” approach.
This means traders are not pressured by strict deadlines to achieve their profit targets or complete evaluation phases.
-
Benefits of No Time Limit:
- Reduced Pressure: Traders can learn and adapt at their own pace, which can be beneficial for mental well-being and consistent performance.
- Flexibility: Allows traders to integrate their training around other commitments without feeling rushed.
- Focus on Process: Encourages a methodical approach to trading rather than chasing quick profits.
- Realistic Skill Development: Developing genuine trading skills takes time and patience, and a no-time-limit model supports this.
-
Potential Drawbacks of No Time Limit: Hfe-signs.co.uk Reviews
- Lack of Urgency: Without deadlines, some traders might lack the motivation to consistently work on their skills.
- Extended Learning Curve: While flexible, it could lead to an unnecessarily prolonged evaluation period if a trader isn’t disciplined.
- Cost Implications: While there are no recurring monthly fees, the initial program fee is paid upfront. A prolonged evaluation could mean capital is tied up for longer without immediate returns.
- Market Changes: Over an extended period, market conditions can shift significantly, requiring adaptability that some slow-paced traders might struggle with.
The Refund Policy and Fee Structure: Understanding the Financial Commitment
The website mentions a “refund of UP to 200%” of the initial fee upon successful completion of certain programs.
This is an intriguing aspect, but understanding the specifics is crucial.
- Partial or Full Refund: The language “a part of the initial fee can be returned to you for a specific service or even the entire fee – this % is further defined in our terms and conditions” indicates that a full 200% refund is not guaranteed for all programs or scenarios. Traders must meticulously review the terms and conditions to understand the exact refund percentages applicable to their chosen program and the conditions for receiving it.
- Initial Fees: The fee for each program is a one-time payment. While the website states “no additional, repetitive monthly fees or any other hidden fees,” the initial cost can vary significantly based on the chosen program and simulated account size. It’s essential to compare these fees with other prop firms and assess the value proposition.
- Payment Options: RebelsFunding accepts payments in USD, EUR, CZK, and NGN, providing flexibility for an international audience.
- “Best Prices in Prop Industry!”: This is a strong claim that needs to be verified by prospective traders. Comparing the cost per simulated funding amount and the profit split with competitors is a prudent step. For instance, if a $100,000 simulated account costs $500 with a 75% profit split, how does that compare to other firms offering similar funding and terms?
The RF-Trader Platform: A Proprietary Solution
RebelsFunding emphasizes its proprietary “RF-Trader platform,” developed in collaboration with FDCTech.
This “all in one” platform is touted for its simplicity, transparency, and mobile accessibility.
- Key Features of RF-Trader:
- Based on TradingView Charts: This is a positive as TradingView is a widely respected and user-friendly charting platform known for its comprehensive tools and indicators.
- Directly Connected to Liquidity Providers: This suggests efficient execution and competitive pricing, which is crucial for active traders.
- Mobile Accessibility: The ability to trade, track contests, and customize charts from a mobile device offers significant flexibility for traders on the go.
- Continuous Evolution: The statement that the platform “evolves day by day, becoming better and better with each improvement” indicates ongoing development and commitment to enhancing the user experience.
- User Experience: While the features sound promising, the actual user experience is paramount. Traders should ideally explore any available free trials or demo versions of the platform to assess its stability, speed, charting capabilities, order execution, and overall intuitiveness before committing to a paid program.
- Reliability and Downtime: As a proprietary platform, its reliability and uptime are critical. Any frequent technical glitches or downtime could significantly impact a trader’s performance and trust in the firm.
The Profit Split and Risk Management: Key Considerations for RF Traders
Upon successful completion of the training programs, RebelsFunding states that traders “are entitled to earn commission up to 75-90% – we pay for any losses.” This is a significant claim and forms the core financial incentive for traders.
Profit Share Structure: A Lucrative Proposition?
- 75-90% Commission: A profit split of 75-90% is highly competitive within the proprietary trading industry. This means that for every dollar of profit generated after successfully completing the evaluation and receiving a RCF trading account, the trader retains a substantial majority.
- “We Pay for Any Losses”: This is the most crucial aspect for traders. If RebelsFunding genuinely covers all losses incurred on the RCF trading account, it significantly de-risks the trading experience for the individual. However, the exact terms and conditions surrounding this “loss coverage” are paramount.
- Are there limits to loss coverage?
- Are there specific trading behaviors that might void this coverage?
- What happens if a trader consistently incurs losses?
Risk Management and Drawdown Rules
The FAQ section touches upon “overall drawdown,” defining it as “the overall drawdown of the account balance Equity from the initial value of the chosen training program to the maximal % value, defined by the specific training program in a specific phase.” This highlights the importance of risk management in their evaluation process.
- Drawdown Limits: Each program likely has specific daily and overall drawdown limits that traders must adhere to during their evaluation phases. Failing to meet these limits would result in program termination, requiring the trader to restart or repurchase a new program.
- “Real Trade” Requirement: The FAQ explains “real trade” as “an independent, sole trade trading a current trading situation. We are talking about real trade deals, no volume fractioning or additional small trade deals are taken into consideration. This requirement serves to filter gambling, fraudulent or other inappropriate behavior of traders.” This rule is designed to ensure traders are employing genuine trading strategies rather than attempting to game the system through high-frequency, low-conviction trades, or other non-strategic methods. This is a common practice in prop firms to assess true trading skill.
- Holding Trades Over Weekend: While permitted, RebelsFunding “strongly recommend not doing it, or doing it cautiously.” This is a standard risk advisory due to potential significant market gaps and increased spreads over weekends, especially in less liquid pairs. A responsible trader would heed this advice.
Customer Support and Community Engagement: A Holistic Approach
RebelsFunding appears to place importance on community and support, offering various channels for traders to connect and seek assistance.
Trustpilot Reviews: A Glimpse into User Satisfaction
The website prominently displays a Trustpilot logo and mentions “What people say about RebelsFunding Trustpilot.” Trustpilot is a reputable review platform, and checking actual user reviews there is an excellent way to gauge overall customer satisfaction, support responsiveness, and the firm’s transparency.
Look for patterns in reviews regarding payouts, platform stability, and the clarity of rules.
Discord Community: Fostering Trader Connection
The invitation to “Join Our Discord” community is a significant offering. Nobalifestyle.com Reviews
- Benefits of a Discord Community:
- Peer-to-Peer Support: Traders can share strategies, insights, and market analysis with one another.
- Direct Communication: Often, prop firms use Discord channels for announcements, support, and direct interaction with their team.
- Networking: Opportunities to connect with like-minded individuals in the trading space.
- Real-time Information: Access to discussions about market news and trading setups.
- Transparency Potential: A well-managed Discord community can offer a more transparent look into the firm’s operations and how it addresses trader concerns.
Blog Content: Educational Resources for Traders
RebelsFunding maintains a blog that covers various forex and prop trading topics.
This is a valuable resource for aspiring and current traders.
- Examples of Blog Topics:
- “Drawbacks of Demo Trading: How Investing Real Money Helps You Become a Better Trader” – This is a particularly insightful topic, as it directly addresses the psychological leap from simulated to real trading.
- “How Understanding your Personality can Help You Become a Better Trader” – Emphasizes the psychological aspect of trading, which is often overlooked.
- “What Are Forex Price Charts And How to Use Them” – Fundamental knowledge for beginners.
- “What are Tariffs and its Implications on the Forex Market” – Discusses macroeconomic factors affecting currency markets.
- “What are trading channels & how can they benefit you?” – Technical analysis concepts.
- “What is FOMO in Trading and How to Deal With It” – Addresses a common psychological pitfall for traders.
This educational content demonstrates a commitment to helping traders improve their skills and understanding of the market, which aligns with the firm’s stated goal of supporting trader success.
Examining the Claims: Due Diligence and Realistic Expectations
While RebelsFunding presents an attractive proposition, particularly for those looking to enter proprietary trading, it’s crucial to approach such opportunities with a clear understanding and perform thorough due diligence.
The “No Time Limit” Advantage: Is It Always Better?
While the no-time-limit model offers flexibility, traders should consider if it aligns with their personal goals and discipline levels.
For some, the pressure of a deadline can be a strong motivator, pushing them to achieve consistency faster. For others, the freedom can lead to complacency. It’s about personal trading psychology.
“Up to $640,000 in Simulated Funding”: A Stepping Stone, Not a Guarantee
It’s vital to reiterate that this is simulated funding. Successfully completing the training phases provides access to higher simulated capital and the opportunity for a real trading account. It is not an immediate grant of $640,000 to trade with, nor does it guarantee a funded account automatically. The journey involves rigorous evaluation.
Profit Share and Loss Coverage: Reading the Fine Print
The “we pay for any losses” claim is a significant benefit, but the precise terms and conditions must be fully understood.
Prop firms often have clauses regarding excessive risk-taking, violations of trading rules, or specific scenarios where this coverage might be limited. Always review the detailed agreements.
Similarly, the 75-90% profit split is excellent, but ensure there are no hidden fees or deductions that could impact net earnings. Zerossl.com Reviews
Comparison with Industry Standards: Is RebelsFunding Competitive?
Prospective traders should compare RebelsFunding’s programs, fees, rules, platform, and profit split with other reputable proprietary trading firms in the market. Look at metrics like:
- Cost per X amount of simulated capital.
- Drawdown rules daily, overall.
- Profit targets.
- Payout frequency and methods.
- Reputation and reviews on independent platforms.
- The technology provided platform, data feeds.
The Importance of Discipline and Risk Management
Regardless of the prop firm, success in trading ultimately hinges on the individual trader’s discipline, consistent application of their strategy, and stringent risk management.
RebelsFunding’s emphasis on “correct way of handling risk” and filtering “gambling, fraudulent or other inappropriate behavior” through its “real trade” requirement underscores this principle.
No prop firm, no matter how well-structured, can guarantee success without the trader’s commitment to these core tenets.
The Spiritual Aspect of Trading: Avoiding Riba and Unethical Practices
For a Muslim professional, engaging in financial activities requires adherence to Islamic principles. While forex trading itself can be permissible if conducted according to Sharia, certain aspects of conventional finance, such as interest Riba, are strictly forbidden. RebelsFunding states “Swap-free for 28 pairs and all metals!”, which is a positive indication that they offer Islamic accounts or swap-free options. This is crucial for Muslim traders to avoid overnight interest charges swaps which are considered Riba. Always confirm with the firm that the accounts truly are interest-free and that all aspects of their operation align with Islamic finance principles.
Furthermore, any practices that involve gambling or excessive speculation without proper analysis should be avoided. The “real trade” requirement mentioned by RebelsFunding, which aims to “filter gambling, fraudulent or other inappropriate behavior,” aligns with the Islamic emphasis on legitimate and purposeful economic activity rather than pure chance. Traders should focus on analytical, skill-based trading rather than relying on luck. The profit-sharing model, where profits are earned from genuine trading efforts and losses are covered by the firm implying a partnership, Mudarabah-like structure, where the firm provides capital and the trader provides effort, can be permissible if structured correctly to avoid Riba and Gharar excessive uncertainty. Always consult with knowledgeable Islamic finance scholars or resources to ensure complete compliance.
Frequently Asked Questions
Is RebelsFunding a legitimate prop firm?
Based on looking at the website, RebelsFunding presents itself as a legitimate proprietary trading firm with structured training programs and a clear pathway for traders to potentially access simulated funding and earn commissions.
Their emphasis on a “No Time Limit” model and a proprietary platform suggests an established operation.
What is the “No Time Limit Prop Firm” feature?
The “No Time Limit Prop Firm” feature means that traders participating in RebelsFunding’s programs are not bound by strict deadlines or time constraints to complete their evaluation phases or achieve profit targets.
This allows traders to progress at their own pace without undue pressure. Dsasolar.co.uk Reviews
How much simulated funding can I get with RebelsFunding?
RebelsFunding states that traders can get “Up to $640,000 in Simulated Funding” through their various programs, depending on the program chosen and successful completion of the evaluation phases.
Does RebelsFunding offer a free trial?
Yes, RebelsFunding offers a “Free Trial Account” which is a free, fully automated version of their training programs.
This allows prospective traders to try out their services before committing to a paid program, though the free trial might differ in certain aspects like duration or account size.
How much commission can I earn with RebelsFunding?
Upon successful completion of the training program and becoming an RF trader, you are entitled to earn a commission up to 75-90% of the profits generated on the RCF trading account.
Does RebelsFunding cover trading losses?
Yes, RebelsFunding states that for RF traders who successfully complete the training program and receive a RCF trading account, they “pay for any losses” incurred during trading.
It’s crucial to review their terms and conditions for specifics on this.
What payment methods does RebelsFunding accept?
RebelsFunding accepts payments in USD, EUR, CZK, and NGN.
Are there any hidden fees with RebelsFunding?
According to RebelsFunding, there are no additional, repetitive monthly fees or any other hidden fees beyond the initial program fee listed for their training programs.
Can I have multiple accounts with RebelsFunding?
Yes, RebelsFunding enables customers to have multiple training accounts and various training programs, though the overall value of all training programs and services can be limited.
What is “overall drawdown” in RebelsFunding programs?
Overall drawdown refers to the maximum percentage drop allowed from the initial account balance Equity of a chosen training program. Speedydecal.com Reviews
This limit is defined by the specific program and phase, and exceeding it typically leads to program termination.
What is a “real trade” requirement at RebelsFunding?
A “real trade” is defined as an independent, sole trade that reflects a current trading situation, without volume fractioning or additional small trade deals.
This requirement helps filter out gambling, fraudulent, or inappropriate trading behavior.
Can I hold trades over the weekend with RebelsFunding?
Yes, you can hold trades during the weekend, but RebelsFunding strongly recommends against it or advises extreme caution due to potential wide spread movements, especially on less liquid cross pairs.
What is the RF-Trader platform?
The RF-Trader platform is RebelsFunding’s proprietary trading platform, developed in collaboration with FDCTech.
It is described as an “all in one” solution based on TradingView charts, connected directly to liquidity providers, and accessible from mobile devices.
What markets can I trade with RebelsFunding?
RebelsFunding allows trading on Forex and other markets.
Does RebelsFunding offer swap-free accounts?
Yes, RebelsFunding states they offer “Swap-free for 28 pairs and all metals,” which is beneficial for Muslim traders seeking to avoid interest-based charges Riba.
How long has RebelsFunding been in the trading industry?
The founders of RebelsFunding started trading on financial markets over 16 years ago and have been devoted to full-time trading since 2011, beginning to offer training courses in 2015.
What is the refund policy for RebelsFunding programs?
Upon successfully completing a training program, a part of the initial fee, or even the entire fee, can be returned to you. Hashhedge.com Reviews
The specific percentage is defined in their terms and conditions, with potential refunds of “UP to 200%.”
How do I receive my login details for the trading platform?
After choosing a program and paying the fee, you will instantly receive your login details via email, which will enable you to log in to their training platform.
What kind of educational resources does RebelsFunding provide?
RebelsFunding maintains a blog with articles on various forex and prop trading topics, covering subjects from basic charts and technical analysis to trading psychology and market implications.
Does RebelsFunding have a community for traders?
Yes, RebelsFunding encourages traders to join their Discord community to discuss strategies, insights, and news, and to connect with fellow proprietary trading enthusiasts.
Leave a Reply