The Japanese prop trading scene is about to witness a major transformation with the launch of Fundora, the country’s first prop firm tailored specifically for local traders, and locally owned and managed. With a growing waitlist of nearly 4,000 traders and backing from CrossGuard, Fundora has generated significant industry buzz ahead of its official launch on February 12 2025.

Overview

Founded in Tokyo, Japan, and led by CEO Goya Ito, Fundora is designed to provide Japanese traders with a structured yet flexible prop trading experience. Unlike other global firms, Fundora has crafted its offerings around the needs of the Japanese trading community, incorporating features such as LINE support for local traders and a fully Japanese-compatible as well as English interface.

The firm, despite only just launching has already began building a community with an active Discord server where traders can discuss strategies and seek support. While Fundora is yet to establish a presence on Trustpilot, its early traction suggests strong interest from traders eager for a localised prop trading firm.

Challenge Structure & Trading Rules

Fundora offers a structured yet attainable evaluation process, featuring both one-step and two-step challenge options. The key details are as follows:

Two-Step Evaluation Process:

• Phase 1:
  • Profit target: 8%
  • Maximum loss: 10%
  • Maximum daily loss: 5%
  • Minimum trading period: 3 days
• Phase 2:
  • Profit target: 5%
  • Maximum loss: 10%
  • Maximum daily loss: 5%
  • Minimum trading period: 3 days
  • Professional status granted after 5 minimum trading days

Upon passing, traders receive an 80% profit split and can manage accounts up to 60 million yen in operational funds. Fundora’s clear and transparent trading rules ensure traders know exactly what to expect.
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Trading Platform & Instruments

Fundora operates exclusively on the cTrader platform, a robust trading environment known for its advanced charting tools and user-friendly interface. Traders have access to a range of trading opportunities, including:

• Forex, Crypto, and Commodities
• Swap-free gold trading (XAUUSD) – a standout feature for gold traders
• Weekend crypto trading – enabling trading beyond traditional market hours
• Unrestricted use of indicators
• News trading
• Scalping permitted (with a 20-second minimum hold time)
• While self-developed Expert Advisors (EAs) are allowed, third-party automated trading tools are not supported.

Profit Splits & Payout Terms

Traders who successfully pass the evaluation phase can access an 80% profit split, a highly competitive rate in the industry. The first withdrawal can be made after 28 days, with subsequent payouts available every 14 days.

Unique Selling Points

What makes Fundora stand out in the growing prop trading space? A few key aspects set it apart:

• Japan’s first homegrown prop firm, designed specifically for local traders
• Generous capital limits, with accounts scaling up to 60 million yen
• Swap-free gold trading, appealing to commodity traders
• Weekend crypto trading, offers more flexibility
• Competitive challenge pricing, with early registrants receiving a 50% discount
• Dedicated support via LINE, Discord, and 24/7 email assistance

Considerations for Traders

While Fundora offers a compelling proposition, traders should keep a few considerations in mind:

• Limited platform choice – Fundora is available only on cTrader, meaning traders accustomed to MetaTrader (MT4/MT5) will need to adjust.
• Leverage capped at 50x, which may be lower than what some traders are used to.
• Trading fees of $6 per lot (round trip), which should be factored into trading costs.
• New firm with no payout history yet, as it is still in the pre-launch phase.
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Final Thoughts

Fundora’s entry into the market signals an exciting shift in Japan’s prop trading scene. With a clear focus on local traders, competitive pricing, and standout features like swap-free gold trading and weekend crypto access, the firm is well-positioned to attract a loyal user base. While it remains clear how Fundora will perform post-launch, the strong pre-launch engagement and backing from CrossGuard suggest a promising future.For traders in Japan looking for a trusted homegrown prop firm with a structured evaluation process and flexible trading conditions, Fundora is one to watch.

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