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%
Funded And Paid
Came across this firm in a discord i'm in and gave it a shot. the minimum trading days is low so you can get funded fast if youre actually profitable. ive done three withdrawals now and every single one landed on schedule no excuses. support answered a dumb question of mine with an actual example instead of a canned reply. happy to keep them as my main while i test others on the side.
payouts hit on time
picked this one up after a buddy kept raving about it. spreads are fine … nothing crazy, nothing terrible … it is a prop firm not a charity. they grandfathered my old account rules when they updated their terms which felt fair. their economic calendar integration is a small thing but i use it daily. getting verified for a payout needed an id and a selfie … standard stuff, painless. no regrets, would hand them my eval fee again.
they earned my trust
Saw an ad mid scroll and ended up buying an account that night. the challenge rules are strict but at least they are written in plain english for once. the verification email came instantly instead of the usual 24 hour wait. their server uptime during the last nfp was flawless from where i sat. execution during london open has been clean even when spreads widen everywhere else. there is a discord and staff actually show up in it occasionally. the kind of firm you forget about because nothing goes wrong, which is the point.
Money Landed No Fuss
I am a swing trader so teh overnight and weekend rules mattered most to me. had one weird order rejection and they tracked it to a platform bug and credited me back. the rules pdf is long but at least nothing is buried in tiny print. fees are reasonable for what you get and the retake discount softens the blow. bro trades closed at my stop exactly, no requote nonsense or sneaky slippage at the level.
jury is still out
Ok so i ran their evaluation start to finish and took notes the whole way. verification was smooth but they held the first withdrawal for a manual review. i breached the daily loss limit on a tilt day, fully my fault, they did nothing wrong. kyc was painless for me but i hear it varies a lot by country. fees for resetting the challenge are steep if you fail late. the platform does the job but it freezes for a second or two when news drops. recommend, but read the consistency rule twice before you start.
legit firm, got paid
Been burned by a sketchy firm before so i went in cautious this time. you can request a payout any day once youre funded, no waiting for some fixed cycle. platform hasnt frozen on me once in three months of pretty heavy use. the payout actually hit my account in like two days which i did not expect. their live chat actually connected me to a person not a bot loop for twenty minutes. clean dashboard, clean rules, clean payouts, genuinely impressed.
it grew on me
Third firm i tested this quarter so here is where they landed. withdrawal fees are small but they exist where other firms eat them. kyc went through but it asked for a second proof of address i had to dig up. the news trading rule confused me at first but the faq actually explains why it exists. usable, but keep your expectations and your lot sizes small. can you guys get in contact with this firm if I provide an acc number? their customer support hasn't replied in ages.
would buy again
Got in through an affiliate link from a trader i follow … no shame. i had a losing month and they did not nuke my account … just the usual rules applied. honestly the rules made my retail trading better too, forced discipline and all that. the consistency rule is generous enough that one good day doesnt disqualify your whole payout. the second phase target was lower than phase one which kept me sane. got my first payout via crypto and it landed in under an hour after approval. this is the one i recommend when people ask where to start.
honestly impressed
Needed a firm that allowed my EA so this is where i ended up. teh buffer between daily loss and max loss gives you breathing room on a bad day. support gave me a straight answer about overnight holds instead of dodging the question. tbh the dashboard shows my drawdown buffer in real time so i never have to guess how much room is left. payout came through with zero fees deducted, what i requested is what i recieved. verdict: boring in the best possible way.
in it for the long haul
Went with the smallest account size to keep the risk low while i learned. the news trading rules are clearly listed so theres no nasty surprise after you pass. the scaling lets you double your account size every time you clear a payout milestone. they paused my consistency tracker when i asked for a couple weeks off … super flexible. i got a small payout bonus for hitting a milestone which was unexpected. the weekly market recap they send is actually worth reading. money in the bank three times now, i am sold.
No payout data available for Rebels Funding yet.
