When it comes to proprietary trading firms, traders must be cautious about who they trust. Unfortunately, The Pride Funding appears to be one of those firms that raises more questions than answers. With grand promises of easy funding and high profit splits, their operations seem designed to lure in hopeful traders while offering little in return. Here’s why you should think twice before engaging with this firm.
1. Unrealistic Claims and Misleading Marketing
The Pride Funding markets itself as a top-tier proprietary trading firm, but their claims don’t hold up under scrutiny. They advertise a 95% profit split, a figure that seems almost too good to be true. In the world of prop trading, firms need to make money to stay afloat, and such high splits suggest that they may be making most of their revenue from trader fees rather than successful trading activity.
Additionally, their marketing campaigns aggressively target inexperienced traders, making it seem like getting funded and making money is easy. In reality, most traders fail their evaluation phase due to unrealistic rules, forcing them to pay for multiple attempts while the firm profits from their repeated failures.
2. Hidden Fees and Tricky Terms
Like many dubious prop firms, The Pride Funding seems to be structured around extracting money from traders rather than helping them succeed. Their fee structure is murky, and many traders report unexpected charges or hidden conditions that prevent them from accessing their promised payouts. While they claim to provide an easy path to funding, the reality is that passing their evaluation process is unnecessarily difficult—perhaps by design.
Several traders have shared their experiences of being hit with undisclosed fees. One trader, John M., mentioned that after successfully passing the evaluation and being promised a funded account, he was suddenly informed that he needed to pay an “activation fee” that was never mentioned before. When he refused, his account was suspended without explanation.
3. Questionable Customer Support and Transparency
Reliable trading firms should have clear communication channels and responsive customer support. However, The Pride Funding’s customer service is infamous for being slow, unhelpful, or outright dismissive. Multiple traders have complained about ignored emails, unanswered tickets, and a lack of clear explanations for failed payouts or account terminations. Transparency is key in the financial industry, and The Pride Funding fails miserably in this department.
Trader Sarah L. shared her frustration after weeks of trying to contact support about a missing withdrawal. She was told that her trade executions “violated company policy,” but when she asked for clarification, she received generic responses or was completely ignored. She eventually gave up, losing over $5,000 in potential earnings.
4. Suspicious Business Practices
One of the biggest concerns with The Pride Funding is its overall business model. Many traders suspect that the firm operates similarly to other prop firm scams—making most of its revenue from challenge fees rather than actual market profits. This raises serious doubts about whether they have a legitimate trading operation or if they are merely cycling new traders through endless evaluations while pocketing the fees.
Another alarming pattern is that some traders claim that as soon as they become profitable, their accounts get flagged for “violations” that seem fabricated. Mark T., an experienced trader, managed to turn a $50,000 funded account into $75,000 in profits within a month. Just as he requested his first payout, his account was suddenly terminated for “abnormal trading activity.” When he requested proof, he was met with silence.
5. Payout Issues and Allegations of Fraud
Perhaps the most damning evidence against The Pride Funding comes from traders who claim they never received their payouts. Reports of delayed or denied withdrawals have surfaced, with some traders alleging that they were banned from the platform right before their payout was due. If a firm cannot honor its own profit-sharing agreements, it should be considered a major red flag.
James K. shared his experience of reaching a $100,000 account milestone, expecting to receive his first major withdrawal. Instead, he received an email stating that his account was under “review for irregular activity.” Weeks passed with no response, and eventually, his access was revoked entirely. His attempts to reach customer support were met with automated responses and no clear resolution.
Final Verdict: Stay Away
The proprietary trading world is filled with both legitimate firms and outright scams, and The Pride Funding leans heavily toward the latter. With misleading advertising, questionable terms, poor customer support, and a growing number of trader complaints, it’s a firm that should be avoided at all costs. If you’re serious about funded trading, look for more reputable and transparent firms—The Pride Funding is simply not worth the risk.
Have you had a bad experience with The Pride Funding? Share your story and help others avoid the same trap. Fee free to contact Support@metatraderreviews.com
