X FUNDED
Reviews: 577
Raphaël Pena
CEO
02 Jun 2024
Creation date
2
Years in business
Overview
Challenges
12
Firm details
Description
XFunded is a prop trading firm launched in June 2024 by a team of traders who say the idea grew out of their own experience with other prop firms. It describes its mission as empowering traders of all backgrounds. The firm is led by founder and CEO Raphaël Pena, a French entrepreneur known as Meta Raph, and says he put $220,000 of his own money into building it, without outside investors.
XFunded states that all its accounts are simulated with virtual funds and that its fees are service fees, not deposits.
The firm says its growth has been supported by collaborations with traders, educators and influencers across Europe, including partners in France, Spain and Italy. By its own figures, in its first year it sold more than 18,000 challenges, paid out more than $1.2 million and had clients in over 50 countries.
Its Telegram channel had almost 4,000 subscribers in October 2026.
Broker type
Liquidity Provider
Payment methods
Apple Pay
Credit/Debit Card
Crypto
PayPal
Instruments and assets
Assets
FX
Metals
Indices
Crypto
Commissions
Forex
0
Metals
0
Indices
0
Energy
0
Crypto
0
Stocks
0
Consistency rules
Firm rules
Payout policy
Restricted territories
Cuba
Iran
Noth Korea
Russia
Syria
Disclaimer
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Spotware does not endorse, supervise, monitor or assume any responsibility for the activities, services, performance or conduct of any proprietary trading firm, broker, strategy provider or trader. To the fullest extent permitted by law, Spotware disclaims any liability for losses, damages, claims, complaints or disputes arising from or in connection with the use of services and/or strategies or any relationship between traders and proprietary trading firms or brokers.
The availability, offering and use of any services are determined solely by the relevant proprietary trading firm or broker and remain subject to their regulatory authorisations, licensing scope and internal compliance frameworks. Each prop firm or broker is exclusively responsible for ensuring that any trading or strategy-based activity is conducted in compliance with applicable laws and regulations, including, where relevant, MiFID II, ESMA guidance and local regulatory requirements.
Traders acknowledge and agree that they act entirely at their own risk and discretion and are solely responsible for their trading decisions, actions and outcomes. Traders must independently review and accept the applicable terms, conditions, rules and risk disclosures of any proprietary trading firm or broker they engage with. Information displayed on the cTrader platform or related materials may be indicative only and does not replace the official documentation published by the relevant firm or broker, which shall prevail in all cases.
Spotware does not endorse, supervise, monitor or assume any responsibility for the activities, services, performance or conduct of any proprietary trading firm, broker, strategy provider or trader. To the fullest extent permitted by law, Spotware disclaims any liability for losses, damages, claims, complaints or disputes arising from or in connection with the use of services and/or strategies or any relationship between traders and proprietary trading firms or brokers.
