Rebels Funding
Rebels Funding gives you 999 days per evaluation phase — one of the most generous timelines in the industry. EAs allowed, news trading permitted, 90% profit split, no strict time pressure. Two things worth knowing before you buy: passing earns a recommendation to a third-party funder rather than a direct funded account, and the T&Cs include a discretionary clause worth reading carefully. Otherwise, a solid option for patient, disciplined traders.
(44% of complaints)
Who Is This Firm For?
About Rebels Funding
Two things worth knowing before you buy. Passing the challenge earns a recommendation to a third-party funder — FRCSM — not a direct funded account. That's a meaningful distinction that doesn't always appear on the homepage. There's also a discretionary clause that gives the firm power to terminate accounts for reasons that aren't clearly defined upfront, and a 1.5% max risk per trade limit that's tighter than most competitors.
For a firm launched in 2023, the track record is still building. The structure is solid. Read the full T&Cs before you commit — particularly the sections that don't make the marketing page.
- Founded
- 2023
- Max Allocation
- $320,000
- Leverage
- 1:100
- Commissions
- $3/lot
Pros
- Up to 999 days per phase — one of the most generous evaluation windows in the industry
- Multiple evaluation structures: 1-Phase, 2-Phase, 3-Phase, 4-Phase, Instant Funding
- 180-day activation window after purchase
- EAs allowed — custom automation within responsible trading guidelines
- No strict time pressure — patience and discipline rewarded over speed
Cons
- Third-party funding model — passing earns recommendation to FRCSM partner, not direct funding
- 1.5% max risk per trade — one of the tighter per-trade limits in the industry
- News trading technically allowed but aggressive execution flagged at discretion
- No retry if account fails — terminated on breach with no built-in reset
- No refunds for inactivity or early exit
- Broad discretionary enforcement — "raises reasonable concern" clause gives firm wide latitude
Payouts came short of expected
I believed the reviews online that turned out to be affiliated. The chat support is obviously a thinly-veiled bot for the first two responses. I hope this review saves someone else from the same experience.— Verified Trader (nighttrader) See all reviews
Rebels Funding does not directly fund traders — passing earns a recommendation to a third-party partner (FRCSM) who makes the final funding decision independently. The 1.5% per-trade risk cap is stricter than most competitors — size positions accordingly from day one. News trading is technically allowed but aggressive execution around macro events will be flagged. With 999 days per phase, there is no reason to rush — patience is structurally rewarded here.
Trading Conditions
Drawdown System
- Multiple models: 1-Phase, 2-Phase, 3-Phase, 4-Phase, Instant Funding
- Each phase lasts up to 999 days — no strict time pressure
- Account expires if not activated within 180 days of purchase
- Must pass each phase in one continuous attempt — failure terminates account
- No refunds for inactivity or early exit
- Max risk per trade: ~1.5% of account balance
High-Frequency & Fast Trading
- Not Allowed:
- HFT and ultra-fast scalping — especially trades under ~30 seconds
- HFT-based and arbitrage EAs
- Latency, gap, swap and multi-account hedging arbitrage
- Using delayed or external data feeds
- Excessive risk including martingale, overexposure and one-sided betting
- Trading 1 hour before market close
- Any trading style that raises reasonable concern — broad discretionary clause
Low Liquidity & Timing
- News trading: technically allowed — targeted aggressive trading around high-impact events flagged
- Opening trades during major macro events: explicitly flagged as problematic
- Trading 1 hour before market close: prohibited
- No specific minute-based window — enforcement is behavioral and discretionary
Loss-Chasing & Gambling
- Not Allowed:
- Martingale strategies
- Overexposure and one-sided betting
- Risk per trade exceeding ~1.5% of account balance
- Account sharing or third-party management
- Any behavior that raises reasonable concern at firm's discretion
- Copy trading of any kind
- Shared account access or collaboration
Risk Management
- Third-party funding: passing challenge earns recommendation to FRCSM — partner decides independently
- Copy trading: prohibited — own account only
- Account management services: not allowed
- EA evaluation: behavior assessed, not just the tool used
- Firm reserves right to flag any trading style that raises reasonable concern
- No retry on account breach — terminated, no built-in reset
Rebels Funding – Trading Conditions
Forbidden Trading Practices
Prohibited behavior includes:
- Arbitrage in any form (price, latency, gap, swap, or multi-account hedging)
- Using delayed or external data feeds
- High-frequency or ultra-fast scalping (especially trades under ~30 seconds)
- Excessive risk-taking, including martingale, overexposure, or one-sided betting
- Risk per trade exceeding ~1.5% of account balance
- Trading during sensitive periods:
- Major news releases
- 1 hour before market close
- Account sharing or third-party management
- Any trading style that “raises reasonable concern” for the firm
That last one is doing a lot of heavy lifting. It basically translates to:
“If it looks weird to us, we’ll deal with it.”
This isn’t unusual in prop firms, but here it’s written in a way that gives them a very wide safety net.
News Trading
Technically allowed — but with a catch.
- Opening trades during major macro events is explicitly flagged as problematic
- Targeted trading around high-impact news can be considered a violation
So yes, you can trade news…
…but if it looks intentional or aggressive, it becomes a problem.
It’s like being told:
“You can swim in the pool — just don’t make waves.”
Expert Advisors (EAs)
EAs are allowed, but under tight control:
- HFT-based EAs are prohibited
- Arbitrage EAs (gold, latency, etc.) are banned
- Any EA that mimics prohibited strategies will get flagged
- The firm evaluates behavior, not just the tool
Translation:
You can use automation — as long as it behaves like a cautious human trader.
Copy Trading
Not allowed.
- You must trade your own account
- No account management services
- No shared access or collaboration
Standard rule across most firms — nothing surprising here.
Account Models – Overview
Rebels offers a wide range of evaluation structures:
- 1-Phase
- 2-Phase
- 3-Phase
- 4-Phase
- Instant Funding
Each model differs mainly in progression complexity and evaluation depth.
Notable points:
- No strict time pressure (accounts can last up to 999 days per phase)
- You must pass each phase in one continuous attempt
- If you fail → account is terminated, no retry built-in
This is one of those systems that looks flexible…
…but also quietly removes pressure by replacing it with patience and discipline requirements.
Inactivity & Duration
- Accounts expire if not activated within 180 days
- Each phase lasts up to 999 days
- No refunds for inactivity or early exit
So yes, you have time.
But also:
If you disappear, the system moves on without you.
Payouts & Funding Reality
Here’s where things get interesting.
Rebels Funding does NOT directly fund traders.
Instead:
- You complete their evaluation
- You get recommended to a third-party partner (FRCSM)
- That partner decides whether you actually receive a funded account
Meaning:
Passing the challenge ≠ getting funded
It’s more like:
passing the exam → getting considered for the job
Final Take
Rebels Funding sits in that middle ground where everything looks reasonable… until you read the fine print carefully.
The structure is flexible, the time limits are generous, and the path is clear — which is exactly why the control mechanisms are embedded deeper in the rules rather than upfront.
The biggest thing to understand is this:
You’re not trading for funding — you’re trading for a recommendation.
That doesn’t make it bad.
But it does make it fundamentally different from firms where passing the challenge directly unlocks capital.
Think of it like this:
- Most prop firms → pass → get funded
- Rebels → pass → maybe get introduced to someone who funds
Not a dealbreaker.
But definitely not the same game.
Features & Support
Copper
Step 1 5.0%
Step 2 5.0%
Bronze
Step 1 5.0%
Step 2 5.0%
Copper
Step 1 5.0%
Step 2 5.0%
Silver
Step 1 8.0%
Step 2 5.0%
Bronze
Step 1 5.0%
Step 2 5.0%
Copper
Step 1 5.0%
Step 2 5.0%
Silver
Step 1 8.0%
Step 2 5.0%
Bronze
Step 1 5.0%
Step 2 5.0%
Gold
Step 1 10.0%
Step 2 N/A
Copper
Step 1 5.0%
Step 2 5.0%
Silver
Step 1 8.0%
Step 2 5.0%
Bronze
Step 1 5.0%
Step 2 5.0%
Gold
Step 1 10.0%
Step 2 N/A
Diamond
Step 1 10.0%
Step 2 N/A
Copper
Step 1 5.0%
Step 2 5.0%
Silver
Step 1 8.0%
Step 2 5.0%
Bronze
Step 1 5.0%
Step 2 5.0%
Gold
Step 1 10.0%
Step 2 N/A
Diamond
Step 1 10.0%
Step 2 N/A
Copper
Step 1 5.0%
Step 2 5.0%
Silver
Step 1 8.0%
Step 2 5.0%
Bronze
Step 1 5.0%
Step 2 5.0%
Gold
Step 1 10.0%
Step 2 N/A
Diamond
Step 1 10.0%
Step 2 N/A
Copper
Step 1 5.0%
Step 2 5.0%
Copper
Step 1 5.0%
Step 2 5.0%
Quick evaluation, fast funding
First time trying a prop firm, so this was all new to me. Support responds in a timely manner and actually understands what you are asking. Will recommend them to my trading circle without hesitation.
Learned discipline thanks to rules
I was skeptical at first because of how polished their marketing looked. Platform stability has been solid with minimal downtime. Plan to open a second account with them once I finish scaling this one.
Scaling plan is motivating
Took the challenge on a whim after watching a YouTube review. News trading is allowed with reasonable restrictions around major releases. Cannot think of anything significant they need to improve.
Fair interpretation of rules
Signed up after someone on Reddit vouched for them. Commissions are competitive compared to what I pay elsewhere. If they keep this up, they deserve to become one of the bigger names.
Customer service is a highlight
I was drawn in by their payout speeds and low commission structure. Disputes I have raised were handled in a fair and timely manner. Happy to keep trading here and would sign up again if I had to.
First payout arrived on time
Been funded for six months as of writing this review. Their staff on the community chat are actually traders themselves. Strong recommendation from me based on months of real use.
Smooth payout process
Moved to this firm specifically because of their weekend holding policy. The scaling plan is achievable if you trade consistently for a few months. I have zero regrets about putting my evaluation fee here.
Three stars feels right
Not the best firm I have tried, but also far from the worst. Pricing is competitive but commissions eat into profits more than I expected. Would consider coming back but not actively recommending either.
Liked the scaling plan
Signed up last year and have been consistently trading since. The evaluation rules are clearly documented without hidden gotchas. One of the firms I actively point people toward when asked.
Better than the hype
Was looking for a firm that supported my specific trading style. News trading is allowed with reasonable restrictions around major releases. My default answer when people ask which prop firm to try.
No payout data available for Rebels Funding yet.
