Prop firms · Is it legit?
Is Fondeo legit?
Fondeo scores 4.2/5 on Trust and 3.8/5 on Payouts in the Tradoshi 2027 ranking, #92 of 276 with 68.9/100. No warning was found on the regulator lists checked.
Tradoshi 2027 ranking, data as of October 30, 2026. Methodology
What our checks show
High scores (4 or 5 out of 5)
- Regulator warnings
- Identity and contact
- Published processing time
- Payout frequency and first payout
- Payout history and incidents
- Suspicious review warning
- Rule clarity
- Secure website
- Protected domain (SPF, DMARC, headers)
Low scores (1 or 2 out of 5)
- Regulated execution partner
- Honest marketing
- Withdrawal terms and methods
- Trader rating (Trustpilot and Google)
- Number of reviews
- Rules restricting how you trade
A low score reflects what the scale recorded on that criterion, not a fault by the firm: each criterion name links to its scale. These checks describe what was published on the dates shown. They guarantee neither a future payout nor that the rules stay the same: check with the firm before buying.
The detail, criterion by criterion
Company and regulators
| Criterion | Score | What was recorded |
|---|---|---|
| Regulator warnings | 5/5 | Not on the lists of the AMF, I-SCAN (IOSCO), ASIC, FINMA, CNMV or the CFTC RED List (source) Read on October 28, 2026 |
| Registered company and age | not applicable | Red G Tech LLC Read on October 29, 2026 |
| Identity and contact | 5/5 | This Policy is a legally binding agreement between you ("User", "you" or "your") and Red G Tech LLC ("Red G Tech LLC", "we", "us", "our" or "us"). (source) Read on October 28, 2026 |
| Regulated execution partner | 2/5 | You'll trade directly on Bybit's professional demo platform while Fondeo monitors your performance in real-time to evaluate your trading skills. (source) Read on October 28, 2026 |
| Honest marketing | 1/5 | With 100 000 USDT trading capital, average payout is $5,000.00 (source) Read on October 28, 2026 |
Payouts
| Criterion | Score | What was recorded |
|---|---|---|
| Public payout proof | 3/5 | Kenji TanakaView Details$48,201.503 hours ago (source) Read on October 28, 2026 |
| Published processing time | 4/5 | Payouts are processed in USDT or USDC within 12-48 hours (source) Read on October 28, 2026 |
| Payout frequency and first payout | 5/5 | Enjoy fast daily payouts with up to 90% profit share. (source) Read on October 28, 2026 |
| Withdrawal terms and methods | 1/5 | Maximum per payout: 5% profit — once you reach 5% profit, you must withdraw before continuing to trade (source) Read on October 28, 2026 |
| Payout history and incidents | 4/5 | – Read on October 28, 2026 |
Trader reviews
| Criterion | Score | What was recorded |
|---|---|---|
| Trader rating (Trustpilot and Google) | 2/5 | Trustpilot 4.3 from 7 reviews (source) Read on October 28, 2026 |
| Number of reviews | 1/5 | 7 reviews (source) Read on October 28, 2026 |
| Suspicious review warning | 5/5 | No Trustpilot warning on the profile (source) Read on October 28, 2026 |
Rules
| Criterion | Score | What was recorded |
|---|---|---|
| Rule clarity | 5/5 | 14/14 rules documented (source) Read on October 28, 2026 |
| Rules restricting how you trade | 2/5 | – (source) Read on October 28, 2026 |
Website security
| Criterion | Score | What was recorded |
|---|---|---|
| Secure website | 5/5 | certificate valid for 84 more days Read on October 28, 2026 |
| Protected domain (SPF, DMARC, headers) | 5/5 | 5 points out of 5 (SPF, DMARC, DMARC strict, HSTS, 2 other headers) Read on October 28, 2026 |
Frequently asked questions
Is Fondeo regulated?
A prop firm usually sells an evaluation program and is not a licensed broker. The company name recorded is Red G Tech LLC, United States. No warning was found on the regulator lists checked.
Does Fondeo pay its traders?
Its Payouts pillar scores 3.8/5: it measures what is published on proof, timing, frequency and payout incidents. It does not guarantee a future payout.
What do reviews say about Fondeo?
Trustpilot 4.3 from 7 reviews. The Reviews pillar scores 2.7/5.