Fundora
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Specifications
| Profit split | 80% |
|---|---|
| Max funding | Up to JPY 60,000,000 (about $400,000), as a per-person cap across all accounts held at once |
| Challenge fee | Varies by plan ($177-$2,999 / ¥26,999-¥449,999) |
| Payout track record | Cumulative payout track record to be disclosed post-launch |
| Payout cycle | First payout at 28 days, then 14-day cycles |
| Platforms | cTrader |
| Evaluation | 2-step |
| Drawdown model | Static |
| Daily loss limit | 5% |
| Max drawdown | 10% |
| Max leverage | 1:50 |
| Sources | [1][2][3][4][5][6][7][8][9][10][11] |
| Website | https://fundora-trading.com/ |
Trustpilot: — no Trustpilot profile exists, so there is no third-party score (checked 2026-07-31)
Strengths
- One of the few prop firms designed for Japan-resident traders
- cTrader-only focus, strong on depth-of-market and discretionary trading
- JPY accounts available, and rewards are paid by Japanese domestic bank transfer (official payouts page, checked 2026-09-26)
- The company says its pre-launch waitlist exceeded 4,000 traders
Watch-outs
- Launched in March 2025, so operating history is short
- cTrader only, with no MT4/MT5 support
- Payout track record still has to catch up with longer-running incumbents
- 80% profit split sits at the industry standard, nothing exceptional
What Fundora is
Fundora is a new prop firm that launched on 19 March 2025, built specifically for the Japanese market. It is one of the very few firms owned and operated within Japan, backed by CrossGuard.
The operator is Quantum Fund Traders Inc. Its official legal disclosure and company profile give the representative director as Goya Ito (伊藤 豪哉) and the head office as Kamiyacho Trust Tower 23F, 4-1-1 Toranomon, Minato-ku, Tokyo 105-0001.
In other words, this is not a foreign operator running a translated version of an existing product. The platform was designed from day one with Japanese traders as the primary audience.
The official site describes Fundora as a learning and evaluation service in a demo environment: all trading, including on pro accounts, takes place on demo accounts, and the site states that Fundora is not a broker or FX company (checked 2026-09-26).
If you are weighing it against Fintokei, the other Japan-focused option, see our Fundora vs Fintokei comparison. Note that Fintokei is a PROP NAVI affiliate partner and Fundora is not (as of 2026-09-26).
No third-party rating exists
Re-checked on 2026-09-26 (as on 2026-07-31): there is no Trustpilot profile for fundora-trading.com (fundora.fr is an unrelated French investment platform). There is no third-party review data on this firm at all.
Third-party reputation carries 10 of the 100 points in our methodology. Because our policy is to mark unverified fields ”—” rather than guess or treat them as zero, Fundora’s star rating is computed over the remaining 90 points. The absence of a third-party score is not counted against the firm — but there is nothing there to count in its favour either.
We rate the trust level “medium”. Our criteria define “medium” as a short operating record with no significant confirmed problems in payment or terms transparency, and Fundora fits that. Note what it does not mean: it is not a finding that payments are sound, only that neither problems nor a track record can yet be verified from outside. Operating history and payout record together account for 55% of the weighting, and a firm that launched in March 2025 cannot score on either, which is why the star rating is low.
Evaluation model
The only evaluation listed on the official home page and plan table (checked 2026-09-26) is a two-phase challenge, offered in six plans that share the same evaluation criteria. Reach 8% profit in Phase 1 and 5% in Phase 2, with at least 3 trading days per phase and no time limit.
This page previously said Fundora offered both a 1-step and a 2-step evaluation. On 2026-09-26 we found no 1-step evaluation on the official home page, the plan table or the trading rules guide, so we have corrected it.
The post-pass profit split (reward rate) is 80%, and account size scales up to JPY 60,000,000 (roughly $400,000).
| Item | Detail |
|---|---|
| Evaluation | Two-phase only (Phase 1 8% / Phase 2 5%, min 3 trading days per phase, no time limit) |
| Profit split | 80% |
| Max funding | JPY 60,000,000 (about $400,000). Not per account: a per-person cap on the combined initial capital of all accounts held at once (terms of service, article 3-2) |
| Plan pricing | Six plans, ¥26,999-¥449,999 (USD accounts $177-$2,999), revised 5 March 2026 |
| Drawdown | Static, measured against the initial account balance. 5% daily, 10% overall (daily reset at 06:00 JST in summer / 07:00 in winter) |
| Platform | cTrader only |
| Leverage | FX 50x, commodities 10x, indices 5x, crypto 2x |
| Commission | $6 per round-turn lot ($3 per side) |
| First payout | After 28 days (up to 10% of the initial balance) |
| Subsequent cycle | 14 days (second payout up to 15%; after two payouts the Maximize stage removes the cap) |
| Payout method | Japanese domestic bank transfer, usually paid within 2-3 business days after request and review (official payouts page) |
The table was checked against the official home page, trading rules guide and payouts page on 2026-09-26. Check the official site for current numbers.
Pros
1. Built for the Japanese market
Most major prop firms default to English support, with Japanese added later as an afterthought. Fundora flips that order — Japanese traders are the core audience, not a translation target.
2. cTrader-focused experience
cTrader has a strong reputation for depth-of-market tools and discretionary execution. Unlike firms such as FTMO that spread across multiple platforms, Fundora concentrates on cTrader to keep the trading experience consistent.
3. Strong pre-launch interest
The waitlist passed 4,000 traders before launch, which reflects real demand in the Japanese market.
Cons and caveats
1. Short operating history
A March 2025 launch is extremely short by industry standards. Realistically, comparisons make more sense after at least a year of consistent payout history.
By contrast, operators like FTMO (since 2015) and The5%ers (since 2016) have built track records over multiple market cycles. Fundora is still at the start of that path.
2. cTrader-only
MT4 and MT5 users face migration costs. If your strategy runs on an EA (expert advisor) written in MQL4 or MQL5, you will need to port it to cTrader.
3. Profit split is just standard
The 80% split is the industry baseline, not a competitive advantage. There is no tiered upside like The5%ers scaling plan that can reach 100%.
Who Fundora fits / does not fit
Good fit:
- Traders who prioritise Japanese-language support and JPY-based account management
- Traders already comfortable with cTrader, or willing to learn it
- Traders open to backing a newer operator
Not a good fit:
- Traders who want the stability of long-running incumbents
- Traders running EA-driven strategies on MT4/MT5
- Traders who demand a proven near-term payout record
Related
- JPY payout prop firms compared
- How to choose a prop firm
- Fundora vs Fintokei
- Fintokei review — another Japan-focused option alongside Fundora (a PROP NAVI affiliate partner)
Partnered firms you can weigh against Fundora
We have no affiliate relationship with Fundora. These are firms in the same category that we do partner with. Our assessment of Fundora is everything above on this page — the presence or absence of a commercial relationship does not change it.
FTMO
Running continuously since 2015, the longest record in its class, and rated High trust by this site. FX and CFD; the 2-Step evaluation fee is refunded in full with your first reward.
Visit FTMO official siteWe earn affiliate commission from the firms above. Commission does not affect our ratings.