falconfunded.com Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

The website falconfunded.com claims to be a prop trading firm with a 7.5% profit target, 11% drawdown, and fast payouts. It offers a program where traders can join and, if successful, receive up to 90% of the profit while the company takes on the risk. However, there are several red flags and concerns that should be carefully considered before engaging with this platform. 1. Lack of Regulatory Information: The website does not provide clear information about its regulatory status. In the financial industry, especially in trading and investment services, it's crucial for firms to be regulated by relevant authorities to ensure they adhere to strict standards and protect the interests of their clients. 2. Unrealistic Profit Targets and Drawdown Limits: The profit target of 7.5% and maximum drawdown of 11% are unusually high and could be considered unrealistic in the context of professional trading. Such aggressive targets and limits may indicate a high level of risk or, in some cases, could be a marketing tactic to attract inexperienced traders. 3. High Profit Share Claims: The website claims to offer an industry-high profit share of up to 90%. While profit-sharing arrangements can vary, such a high percentage is uncommon and could be a red flag. 4. Vague Description of the Trading Process: The website provides a general outline of the trading process, including a "challenge" and "verification" stage, but the details are not sufficiently transparent. It's important for traders to have a clear understanding of the process and the associated risks. 5. Testimonials and Payout Certificates: The website prominently displays testimonials and payout certificates from individuals who have allegedly received significant payouts. However, without independent verification, these could be fabricated or misleading. 6. Lack of Detailed Information on Risk Management: Effective risk management is a critical aspect of professional trading. The website does not provide comprehensive information on how it manages risk, which is a significant concern. 7. Affiliate Program Emphasis: The website places a strong emphasis on its affiliate program, which may indicate a focus on recruiting new traders rather than a primary focus on trading and investment activities. 8. Limited Information on Company Background and Team: The website does not provide detailed information about the company's background, history, or the team behind it. Transparency in these areas is important for establishing trust. 9. High Refundable Fees: The website mentions refundable fees for the trading challenge, but the amount of $494 is relatively high and could be a significant financial risk for participants. 10. General Lack of Transparency: Overall, there is a lack of detailed and transparent information about the company, its operations, and its trading strategies. This lack of transparency is a major concern in the financial industry. It's important to approach platforms like falconfunded.com with caution and conduct thorough research before getting involved. Consider seeking advice from independent financial professionals and verifying the legitimacy of the company through reliable sources."

• Lack of Regulatory Information, Unrealistic Profit Targets and Drawdown Limits, High Profit Share Claims, Vague Description of the Trading Process, Testimonials and Payout Certificates, Lack of Detailed Information on Risk Management, Affiliate Program Emphasis, Limited Information on Company Background and Team, High Refundable Fees, General Lack of Transparency