Flagship Funded Review 2026: Plans, Rules and FDR Payouts
Flagship Funded
Flagship Funded is a simulated proprietary trading firm based in the United Arab Emirates, operated by The Flagship FZ-LLC and registered in the Ras Al Khaimah Economic Zone (RAKEZ). It is a CFD firm, and its accounts run on two platforms: TradeLocker and HypTrader.
What separates it from most firms of a similar size is the number of routes it offers into a funded account. There are seven distinct products, spanning single-phase evaluations, two-phase evaluations, a pay-after-you-pass model, and two instant-funding models. Account sizes run from $1,000 to $100,000, and entry prices start at a $10 fee. Four of the seven products set the payout split using a proprietary metric called the Flagship Discipline Rating, which we cover in detail below.
Plans and pricing
Every evaluation product has an unlimited time limit, so none of the prices below carry a deadline. The table groups the lineup by product; the full per-size pricing for all 34 plan variants is listed on the firm page.
| Product | Model | Account sizes | Price | Profit target | Max drawdown | Profit split |
|---|---|---|---|---|---|---|
| Anchor | 1 phase | $10K to $100K | $89 to $549 | 9% | 6% trailing | 90% |
| Rudder | 1 phase | $10K to $100K | $89 to $549 | 10% | 8% trailing | FDR, 50% to 100% |
| Port | 2 phase | $5K to $100K | $49 to $399 | 10% then 5% | 10% static | 80% |
| Starboard | 2 phase | $5K to $100K | $99 to $619 | 10% then 5% | 10% static | FDR, 50% to 100% |
| Helm | 1 phase, pay after you pass | $10K to $100K | $10 entry, then $99 to $549 activation | 4% | 8% trailing | FDR, 50% to 100% |
| Vanguard | Instant funding | $5K to $100K | $69 to $499 | None | 5% trailing | 90% |
| Vanguard+ | Instant funding | $1K to $100K | $20 to $599 | None | 5% trailing | FDR, 50% to 100% |
Two pricing details are worth isolating. The Helm challenge charges a flat $10 entry fee at every account size, and the activation fee ($99 at $10K, $179 at $25K, $349 at $50K, $549 at $100K) is only paid after the challenge is passed. That makes the up-front cost of attempting a $100,000 account $10 rather than $549. Vanguard+ starts at $20 for a $1,000 account, the smallest account size in the lineup.
Rules and drawdown
Drawdown structure splits cleanly along product lines. The single-phase products use a trailing maximum drawdown (6% on Anchor, 8% on Rudder) with daily limits of 3% and 4%. The two-phase products, Port and Starboard, both use a 10% static maximum drawdown with a 5% daily limit, and both require 5 minimum trading days against 3 for the single-phase products. Anchor also carries a 40% consistency rule.
Port adds a rule that materially changes how it trades: a 2% daily profit cap. The firm's documentation states that on a $100,000 account, a $5,000 day contributes only $2,000 toward progress, and that the cap applies in both the challenge and the funded stage. A single large winning day therefore cannot accelerate a pass.
The two instant-funding products replace a profit target with ongoing conduct requirements. Both Vanguard and Vanguard+ require 7 minimum profitable days, each of at least 0.50%, and cap risk per trade (2% on Vanguard, 1% on Vanguard+). Both carry a 5% trailing maximum drawdown. Vanguard+ additionally states that the max lot rule does not apply.
Helm is the least demanding on paper: a 4% profit target, a 4% daily drawdown, an 8% trailing maximum drawdown, and a single minimum trading day.
Rudder, Starboard, Helm and Vanguard+ do not pay a fixed split. The payout is set by an FDR score from 0 to 5.0, mapped in published bands: 0 to 1.0 pays 50%, 2.51 to 3.0 pays 70%, 3.51 to 4.0 pays 80%, and only 4.76 to 5.0 pays 100%. The firm states the score is calculated from Sharpe ratio, profit factor, trade-size consistency and daily trade consistency. A trader assuming the headline 100% should read the band table first, because the floor on these products is 50%.
Payouts
Payouts are processed on a weekly cycle and sent the following Friday by 5 PM EST. All payouts are processed in cryptocurrency, with no fiat option documented. Helm runs on its own schedule instead: a first payout on the 1st of the month and subsequent payouts on the 15th, requiring 5 profitable days of at least 0.5% each, and it carries a $10,000 monthly payout cap applied across the whole profile rather than per account.
Pros and cons
Pros
- Seven products covering one-phase, two-phase, pay-after-you-pass and instant funding, so the model can be matched to a trading style rather than the other way round.
- No time limit on any evaluation product, and Helm reduces the up-front cost of attempting a $100,000 account to a $10 entry fee.
- The FDR band table is published in full, so the payout schedule is inspectable before purchase rather than described only as "up to 100%".
Cons
- The four FDR products start at a 50% split, and 100% requires a score above 4.76 out of 5.0, so the headline figure is a ceiling rather than a rate most traders should expect.
- Payouts are crypto only, and Helm applies a $10,000 monthly cap at profile level, which limits scaling across multiple accounts.
- The instant-funding products require 7 minimum profitable days and cap risk per trade at 1% to 2%, and Port's 2% daily profit cap slows progress regardless of results.
How it compares
Flagship Funded currently holds a PropFirmMap score of 5.2 and a safety grade of C. For context, the table below sets it against three CFD firms in our database that hold A+ safety grades.
| Firm | PropFirmMap score | Safety grade | Max profit split | Entry price | Payout frequency |
|---|---|---|---|---|---|
| Flagship Funded | 5.2 | C | 100% | $10 | Weekly |
| FXIFY | 8.2 | A+ | 90% | $19 | On-demand |
| E8 Markets | 7.9 | A+ | 100% | $48 | On Demand |
| Maven Trading | 7.8 | A+ | 80% | $12 | Every 10 Business Days |
The comparison is not flattering on grade, and that gap is the single most important thing for a prospective trader to weigh. FXIFY, E8 Markets and Maven Trading all carry A+ safety grades against Flagship Funded's C. A safety grade reflects track record and verifiable operating history, and Flagship Funded is a newer firm with a low published review volume, which is exactly the profile that produces a lower grade regardless of how competitive the product terms are.
On terms alone the picture is different. Flagship Funded's $10 Helm entry is lower than any entry price in that group, and its 100% ceiling matches E8 Markets and exceeds both FXIFY and Maven Trading. Its weekly Friday cycle is more predictable than Maven Trading's every-10-business-days schedule, though FXIFY and E8 Markets both document on-demand payouts, which is faster. The trade-off is legible: Flagship Funded competes on price and product range, while the three A+ firms compete on track record and payout flexibility.
Verdict
Flagship Funded is a reasonable fit for traders who want to test a funded-account model at minimal up-front cost, particularly through Helm, where $10 buys an attempt at an account that would otherwise cost $549, and for traders who prefer no time limit on an evaluation. The FDR products suit traders whose edge is consistency rather than a single large move, because that is precisely what the score rewards.
It is a weaker fit for traders who need fiat payouts, who intend to scale beyond $10,000 a month through Helm, or who weight operating track record heavily. On that last point the C safety grade against A+ alternatives at comparable prices is the deciding factor, and traders who prioritise it have better-established options in the same price band. As with any firm, verify the current terms on the firm's own pages before purchase, since prices and promotions on this lineup change frequently.
Sources
- Pricing and product lineup: checkout.flagshipfunded.com
- Anchor, Rudder, Port, Starboard, Vanguard and Vanguard+ rules: Flagship Funded help centre product overviews
- Helm model, sizes, fees and payouts: Flagship Funded help centre Helm articles
- FDR score to payout mapping and payout schedule: Flagship Funded help centre payout articles
All figures in this review were verified against Flagship Funded's own live pages on 11 August 2026.
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