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.