Precision Funding Reviews 29

There is a lot I could say about my experience with Precision but I will keep this review to the area that matters: payouts.

My payout requests were denied and the reason Precision provided was that my trades were speculative in nature, indicative of gambling behavior that could benefit from profit surges, and did not meet their risk profile.

Their reason for denial is completely without merit. My strategy uses trades with 8 contracts - which they said was too many - despite the max contract limit for the 50k account to be 12 contracts. They said I "could" benefit from profit surges, despite the fact that I *always* added a take-profit order to my trades at around 6-12 ticks. I only make a few trades a day; my trades were consistent and well under the daily 30% consistency requirement. I never had any profit "surges". Precision said I should keep my trades to 4 contracts or under (despite the max limit being 12).

If Precision does not like my risk profile I believe they can rightfully choose not to do business with me in the future, or ask me to change my strategy, and update the wording in their contract for the future. BUT it is not appropriate to penalize me for trades and profit I already made when they were within the guidelines. This also sets the precident that they can basically say whatever they want, whenever they want, despite a signed contract to deny a payout.

I pushed back on the denials with justification that my trades were well within the guidelines but they were firm in their stance that the payouts were denied. They reset my PAs back to 0 profit and said I could try again, but after ten days of diligent trading within the rules I was not about to spend any more time starting over. In the end, Precision refunded all my eval and PA fees I paid to them and we parted ways amicably.

I will say that Precision was respectful in their communication with me. Although I really wanted to like them, I cannot in good conscience recommend that other traders use them due to my experience with seemingly arbitrary payout denials.

Attitude of support is good.
Website and PA agreements are in direct conflict with each other - they state different amounts.
Conflicting between $80 monthly activation for pa or lifetime at $180
They calculate drawdown based on unrealized.
Takes too long to get info to the head honcho Ilham.
***There was an email spoof to users that had a cracked download in it putting users at risk. Ilham and staff were notifed and requested to send out a message to their user base. They did not do this - BIG NONO

I found Precision Funding from searching for how to set up Quantower on YouTube . Im thrilled! The prop firm let you have up to 25 PA. Eval and PA fee are much better compare to other firms. Customer support excellent. Im very happy 👍.

Sooo glad I was introduced to this fast up and coming prop firm, I was a little skeptical at first and hesitated to give this company a try but the customer service and prompt response has really won me over and I’m heavily leaning towards this company as my go to prop firm. With my first payout received it has really built my trust with them and now I’m ready to win for 20 pa accounta

!!!100% recommend

They have been responding to any questions ive had in the discord server and id say thhat they really are helping traders like me reach a withdraw. because the activation fee was only $79.99 month

I bought my first 25 evals when they first launched in March 5th and I eventually passed them yesterday just got my agreements signed  and data fees paid for . I’m excited that I’m funded and Got my PAs and now I’m looking forward to getting withdraws on the next payout window . Overall their customer support is great and they’ve been responding to my questions within hours. Overall they seem great especially for the cheap activation fee and evals

So far having no problems. Pass evaluation and prompt response for obtaining PA account. Will try more of their evaluations in the future.