The coupon code madtrades is advertised as up to 30% off all trading evaluation accounts at FunderPro. Two words in that sentence carry most of the weight. "Up to" means the headline figure is a ceiling, not a guarantee for every product or account size, so the only reliable check is the order total in the checkout summary. "Evaluation accounts" means the fee you pay to enter a challenge — One Phase, Classic, Pro or the instant funding option, across account sizes from $5,000 to $200,000.
What the code does not touch is the trading rules themselves. The discount reduces the entry fee only. It has no effect on drawdown limits, profit targets or payout terms. A cheaper entry does not buy you a wider daily loss buffer or a lower target.
The code goes in the discount or coupon field in the order summary at checkout. It is not part of the signup form, so entering it there or in an unrelated field will do nothing. Type it exactly as written: lower case, one word, no spaces. Capitalisation or a stray space is the most common self-inflicted reason a code appears not to work.
The practical sequence is:
Open the challenge or evaluation page on funderpro.com.
Pick the evaluation type and account size first, before applying the code.
Go to checkout and create or sign in to a FunderPro account.
Enter madtrades in the discount or coupon field and apply it.
Confirm the order total has dropped before paying.
Complete payment, then collect account credentials and the platform login from your dashboard.
Step five is the one that protects you. If the total has not changed, do not pay and assume the discount will be applied afterwards.
Codes of this kind are generally single-use per customer and usually cannot be stacked with other offers. That is the normal pattern rather than a confirmed FunderPro rule — whether the single-use and no-stacking conditions are officially stated by the firm is not documented, so treat one successful use per account as the safe assumption. If you plan to buy more than one evaluation, check at checkout each time rather than assuming a repeat application will hold.
FunderPro operates a restricted countries list that includes Iran, North Korea, Syria, Russia and Cuba. No coupon overrides that. The published list here is partial, so the full version should be checked on the site before buying, since a discounted purchase is of no use if you cannot be onboarded.
Beyond geography, the product suits traders who already understand drawdown mechanics and were planning to buy an evaluation anyway. All trading takes place in a simulated environment with fictitious allocated funds, across MT5, cTrader and TradeLocker, with roughly 158 instruments. A demo account is available if you want to test the platform before committing a fee.
The coupon itself cannot be voided by trading behaviour, but the account it buys can be lost by breaching rules. The main ones to keep in front of you:
Maximum daily drawdown is 5% on Pro and Classic challenges and funded accounts, and 3% on the One Phase challenge and funded accounts.
Daily drawdown is balance-based and calculated at the start of the day.
The profit target is a percentage of initial balance and must be realised while flat on all positions. It is calculated on balance, not equity, so floating gains do not count.
The daily-rewards option requires the account to be at least 1% in profit on the original balance.
Expert advisors are permitted, but only using the trader's own proprietary code.
Classic omits the consistency rule and carries a lower Phase 2 target; Pro offers daily or weekly reward options and higher leverage. Choose on rules, not on which one the discount makes cheapest.
No expiry date is stated for madtrades, and no deadline should be inferred from the "up to 30%" wording. Exact evaluation fees per account size are also not stated here, so the discounted figure can only be confirmed in your own checkout. FunderPro launched in 2023 under Malta-based Red Acre Group, which also owns TradeLocker, and its associated CFD broker NextTrade is licensed and regulated by the FSC in Mauritius. Funded accounts can claim rewards of up to 90% of profits, with payouts typically processed within one working day via USDC or Rise — terms the coupon leaves untouched.
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