Hello, and welcome to my Kortana FX Review.
Kortana FX platform claims to be your favorite firm that focuses on making you achieve success in the forex market.
The prop firm claims to offer you up to 100% of the total profits you earn from you’re trading to let you rapidly grow your financial income.
With no time limit, you can take up to a year or just a single day to complete your evaluation and get funded in the platform.
This makes it a better option for different categories of traders from both beginners and experienced traders to easily achieve their success.
Furthermore, Kortana claims to have the shortest payout time in the market allowing you to make your withdrawal request after every seven days.
You only need to wait for the first 21 days to make your first withdrawal then enjoy the subsequent request every seven days.
However, you can only build trust in these claims after discovering the inside out of this prop firm.
In this review, I’ll give you everything you need to know about Kortana FX before you can give it a chance.
For instance, I’ll take you through the meaning of the prop firm and how it works to enable you to achieve your trading goals.
I’ll also take you through the pricing of its funding programs and whether it is worth your money or just another scam in the market.
Let’s get started…
Also Read: Get Funded Now Review
Summary Of Kortana FX Review
Name: Kortana FX
Type: Proprietary Firm
Founder: Not disclosed
Evaluation Fee: Starts from $139 depending on the account size you choose.
Official Website: kortanafx.com
Overall Rating: 7/10
My Recommendation: Not for everyone; learn more from the review.
Kortana FX Review – Overview
Kortana FX provides traders with the opportunity to make their trading career an income stream.
Through its funding program, the prop firm provides traders with the opportunity to own a funded account.
They will then use their funded account to trade and achieve their financial freedom in the forex market.
You only need to showcase your trading skills by taking their challenge in the platform and hitting their profit target.
This will enable you to own a funded account where you will start trading and earn real profits from the platform.
The prop firm makes trading much easier by allowing you to trade at your own speed and achieve your level best in the market.
You can take the shortest time possible to reach a funded account as there is no time limit set for you on the platform.
In addition, the use of the HFT makes passing the challenge stage much easier for traders on the platform.
So, the pop firm encourages you to take advantage of the HFT to pass your challenge and move to a funded account.
In the funded account, you will be able to enjoy their weekly payout system which aims at making you have more access to your funds.
You can also trade in the platform for your entire lifetime while enjoying their scaling plan to boost your trading balance.
Pros Of Kortana FX
- No time limit for traders.
- Best profit share of up to 100%.
- Faster payout system.
- Low commissions on trades.
- Allows you to trade news.
- Accepts weekend trade holding.
- Excellent rating on trust pilot
Cons Of Kortana FX
- No refund policy.
- Does not offer a retry
- It is too expensive to purchase their account size.
- Few account sizes are available.
- Does not provide ownership information
Who Should Sign Up With Kortana FX?
Kortana FX is looking for talented traders who lack funding to explore their trading careers in the forex market.
The prop firm requires you to have the trading skills, experience, and consistency in your trading career.
The prop firm provides you with the capital you need to explore your trading potential and achieve your financial freedom.
So, if you are a talented, skilled, and experienced trader, you can join the platform to put your trading career into practice.
What Is Kortana FX?
Kortana FX is a prop firm that offers traders capital to trade in the forex market through its funding program.
The prop firm offers traders a one-stage evaluation process with no time limit enabling you to spend the shortest possible time to reach the funded stage.
In their funding program, there are various account sizes with different prices enabling you to have multiple choices.
What matters more is your confidence, trading experience, and the amount you can raise to own an account.
Kortana has its headquarters located in Suite #903, Al Serkal 2, Port Saeed, Deira Dubai UAE.
However, the prop firm fails to mention its ownership information on its official website and can be assumed to be based in Dubai.
Going by the assumption, the prop firm might be owned by a person from Dubai, United Arab Emirates.
The company provides you with the best profit share to enable you to earn more from your trades in the forex market.
According to the Kortana FX prop firm, every trader deserves to transform their trading talent into success.
The prop firm also sets easy trading rules that enable traders to increase their chances of becoming successful on the platform.
How Does Kortana FX Work?
The Kortana FX works in three stages which include the following:
Stage One: Getting Started
In this stage, you’ll get the opportunity to become a member of the Kortana FX to allow you access to their offers and services.
The prop firm requires you to submit your personal details in their registration form in the platform keeping in mind their terms of services.
The prop firm then verifies your details to grant you access to their program offers and services available on the platform.
During your registration process, you can also engage in the live chat support available on the platform.
The live chat with the company support team enables you to ask questions about the pop firm’s offers and services.
The program promises to take the shortest time possible to provide you with the best response to your requests.
Stage Two: Evaluation
This is the second stage of your trading journey in the Kortana FX where you’ll take a challenge.
There is only one phase of evaluation in the platform that you need to pass for you to move to the funded stage.
In the one-phase evaluation, you need to pass a set profit target while respecting the other trading rules available on the platform.
Note that in the evaluation stage, you’ll trade on a demo account which makes use of the virtual funds.
This makes you worry less about losing your money in the trading process, the company also knows sometimes people lose in their trading journey.
However, your trade will have the same latency as that on a live funded account as you will be trading on the real market.
Stage Three: Funded Stage
This is the final stage of your trading journey where you’ll trade on a live funded account with the company capital.
In this stage, you will trade and earn profits from the company depending on the agreed profit share.
The company does not set any profit target for you at this stage but requires you to continue respecting other trading rules.
This will enable you to extend your trading time with the platform to even in your entire lifetime as you would wish to do so.
If you are highly profitable in this stage, you’ll stand a chance to qualify for the scaling plan which enable you to increase your trading account balance.
You’ll also get the opportunity to make withdrawals of your trading profits from the platform to help you build a passive income stream.
Also Read: 1OF1 Funding Review
What Is Contained In The Kortana FX?
The Kortana FX contains a funding program that is essential in enabling you to get funded in your trading journey.
The company only has one funding program with a single-phase evaluation program in the market.
In the funding program, there are different account sizes which include:
$10,000 account size.
$25,000 account size.
$50,000 account size.
$100,000 account size.
$200,000 account size.
Each of these account sizes has unique prices which you must consider before you can choose them.
A detailed explanation of the account size prices is also available in the lower section of this review.
What Are The Trading Rules Used In Kortana FX?
There are many trading rules available in the Kortana FX you must consider before joining it.
They include:
Profit Targets
The profit targeted in the platform is set at 8% on the single-face evaluation program.
There is no profit target set for you in the funded account stage, allowing you to trade at your own target.
The prop firm requires you to pass the profit target for you to get the opportunity to qualify for a funded account.
Maximum trading period
There is no maximum trading period on the platform.
Kortana FX platform allows you to trade with their capital for your entire lifetime provided you respect their trading rules.
This enables you to set your trading goals and aim towards achieving your success in the platform.
Minimum Trading Days
The Kortana FX prop firm does not set any minimum trading time in their platform.
This enables you to spend the shortest time possible to pass your evaluation and get to a funded stage in the platform.
For this reason, if you are an experienced trader, it will take you a much shorter time to become successful in the platform.
Trading leverage
The Kortana FX program allows you to trade with a maximum leverage of 1:100.
Maximum Daily loss
Kortana FX has a daily loss set at 5% which is calculated based on your original account balances.
For instance, if you are trading on a $10,000 account size, you are not permitted to lose more than $500 in a single day.
Maximum overall loss
The maximum overall loss in the platform is set at 10% calculated based on the original account balances.
For instance, if you are trading on a $10,000 account size, your maximum overall loss will be $1,000.
This means that you are not permitted to lose more than $1,000 in your entire trading journey on the platform.
Weekend Holding
The Kortana FX platform allows you to trade or hold your trades during the night and on the weekend days.
This enables you to have freedom over your trading on the platform.
News Trading
The Kortana FX prop firm allows you to trade news on their platform.
However, you must ensure the news you trade does not violate the trading rules and policies in the platform.
Profit share
The default profit target in the platform is set at 50% of the total profits you get from your trading in the platform.
However, as you continue trading more on the platform, the company will increase your share to a maximum of 100%.
This makes it one of the best-paying prop firms in the forex market making you earn more from your trade.
What Is Kortana FX Scaling Plan?
Kortana FX promises to grow with you in your trading journey by funding you more to earn more from the forex market.
In their scaling plan, the platform allows you to earn up to $3,000,000 as your maximum trading capital.
To achieve this capital, the prop firm promises to help you increase your account balance by 25% when you meet the scaling conditions.
These conditions include maintaining a profit target of 12% in not less than 90 days before you request the scaling opportunity.
What Trading Instruments Are Allowed In Kortana FX?
There are various trading instruments available for you on the platform which include:
- Forex Pairs
- Cryptocurrencies
- Indices
- Commodities
The Kortana FX allows you to trade on the MetarTrader4 and MetarTrader5 platforms which are the most used in the market.
Therefore, you only need to check if your device supports the two trading platforms for you to get started with your trade.
What Is Kortana FX Trusted Broker?
The Kortana FX uses the Blueberry market as its trusted broker.
The Blueberry market promises to keep all your trading activities and funds safe and secure throughout your trading journey.
As a trusted broker, the platform promises to make your success their first priority in the forex market.
What Is The Cost Of Joining The Kortana FX?
The cost of joining the Kortana FX depends on the account size you choose for your trading.
Here are the available account sizes in the platform and their corresponding price:
- $10,000 account size that cost $139.
- $25,000 account size that cost $249.
- $50,000 account size that cost $379.
- $100,000 account size that cost $575.
- $200,000 account size that cost $999.
These prices are one-time fees and are payable before getting access to the trading account you choose.
After making your payment, the Kortana FX platform promises to take the shortest time possible to process your payment.
According to the platform, it will take less than 24 hours to complete the processing of your payment.
From there, you’ll get your account logins sent to you via your email which will enable you to launch you’re trading journey on the platform.
Is There A Refund Policy On Kortana FX?
Kortana FX does not currently offer any refund for your registration fee on their platform.
The prop firm claims that you can use the HFT trick to easily pass your challenge in the platform and get started with your trade.
So, if you are not ready to lose your registration fee you will have to pass your evaluation and get to a funded account.
This will enable you to start earning a profit that can enable you to compensate for the lost Kortana FX challenge.
What Is The Payouts System Used By Kortana FX?
The payout system in the Kortana FX comes with some conditions.
The first condition is that you must trade for at least 21 days in the platform and have your account balance higher than the initial capital.
This means that your account must have profits that you want to withdraw from the platform.
At the time of making a withdrawal, there should be no open trade in the platform as this will automatically stop the withdrawal process.
Once you make your withdrawal request, the platform will take between 24 to 48 hours to fully complete processing your request.
The company will then transfer your funds to your linked account in the platform.
Is Kortana FX A Scam?
In my opinion, the Kortana FX platform is not a scam.
The prop firm has a relatively good payout system with many account sizes providing you with more options to choose from.
The prop firm also has a fast payout system that allows you to have more access to your funds while trading on the platform.
In addition, the prop firm provides you with more opportunities to accelerate your journey.
This includes their scaling plan that grows your trading account to a maximum balance of up to $3,000,000 in the market.
This enables you to trade with a higher balance and earn your level best from your trading in the forex market.
It also increases your chances of success in your trading journey on the forex market.
However, you’ll only stand a chance to enjoy these offers if you are profitable and consistent in your trading.
The offers only work out if you have skills in trading and can trade within a firm set of rules in the market.
So, if you are not a talented trader, you might not likely succeed in your trading journey on the platform.
On the other hand, the pop firm account sizes may be more expensive as compared to most prop firms in the market.
For instance, you will have to raise at least $139 for you to own an account on the platform.
The company also has no refund to your registration fee in your first withdrawal as evidenced in most prop firms.
In addition, the prop firm does not provide ownership information in their official platform which makes it difficult to trust their services.
Based on all these factors, the Kortana FX prop firm is not for everyone, it is much more suitable for traders who can take risks.
My Assessment of Kortana FX
Profits Split: 8/10
The Kortana FX prop firm has an excellent profit share paying up to 100% of the total profits you make from your trading.
The maximum profit share accelerates your growth towards success in your trading journey in the forex market.
This motivates you to put more effort towards your trading to achieve your financial freedom.
Scaling Opportunities: 8/10
The Kortana FX platform has the best scaling opportunity that enables you to increase your trading balance to a maximum of $3,000,000.
This enables you to trade with a higher capital in the platform and earn more profits to achieve your financial freedom.
It also accelerates your journey to success in your trading career in the forex market.
Profits Targets: 8/10
The profit target set for traders in the Kortana FX evaluation stage is much more realistic.
On the other hand, the prop firm only has a single phase evaluation making it easy to pass and move to the funded stage.
You will not require any profit target while trading in the funded account on the platform.
Affordability: 4/10
The affordability of the Kortana FX account sizes is low as the prop firm charges a higher price upfront.
For instance, you must be able to raise up to $139 for you to own an account on the Kortana FX platform.
However, some prop firms enable you to purchase an account with below $50 to get started with your trading journey.
Trader Supports: 7/10
The prop firm has a live chat platform which it claims to be the best in enhancing the support program for their traders.
In the live chat program, the pop firm claims to take the shortest time possible to respond to your complaints on the platform.
According to the platform, the live chat support will enable you to ask any question about the company’s services and get answered instantly.
Tradable Assets: 8/10
There are varieties of assets you can trade from the platform which include forex pairs, cryptocurrencies, indices, and commodities.
This provides you with more options to trade which increases your chances of success in your trading journey.
Trustworthiness: 4/10
The prop firm does not provide ownership information which makes it difficult to trust them in your trading partnership.
You will only have to rely on their excellent rating on credibility platforms such as the Trustpilot platform.
Therefore, going by the ownership information, the prop firm achieves a lower score on my rating.
My Overall Rating: 5/10
In general, Kortana FX scores 5/10 of my rating as an average-performing prop firm in the forex market.
The prop firm has not provided information about its ownership which makes it difficult to win the trust of their customers online.
In addition, the higher registration fee makes the prop firm expensive to purchase their trading account which also lowers its score.
What Are People Saying
The Kortana FX Review Trust Pilot
Kortana FX has an excellent rating on Trustpilot from a sample review of 2,139 (February 29. 2024).
From the sample review, the prop firm has 4.3/5 star ratings with up to 79% five-star ratings.
Braxton a reviewer gives Kortana FX a five-star rating citing it as the best HFT prop firm in the market.
The customer, another reviewer gives the company a five-star rating as the best prop firm in the market.
Pat Mashiya another reviewer also gives Kortana FX a five-star rating claiming that it is the greatest of all the firm number one in the world.
On the other hand, Donald Duck only gave the prop firm a two-star rating claiming that the company does not provide payouts. The reviewer also claims that the company has weird rules warning fellow traders to be more careful about joining the company. The reviewer continues that Kortana FX is a scamming company making money through sales of accounts in their platform as shown.
Melanie Rogers another reviewer gives the company a star rating claiming that it is a waste of time investing in it.
Methew Bonney also gives the company a one-star rating claiming that the prop firm falsely refused payout due to IP rule.
FAQs About Kortana FX
How Long Will It Take To Receive My Funded Account After Passing?
For you to receive your funded account, you must have passed your challenge according to an agreement set in the platform.
It will then take the platform up to 72 hours to review your trading challenge before sending you a funded trader contract.
This will be followed with your funded account which will be loaded with funds equal to the account size you purchased during your registration.
Can I Trade When I Request A Withdrawal Request?
When you make a withdrawal request, you must wait between 6 to 72 hours for the processing to be completed.
You will not be allowed to place any trade during this period as it will bring an interaction to the processing of your withdrawal request.
Once you have noticed your profits have been deducted from your trading account, this means the processing is complete, and you can now place a trade.
Is My Funded Account Live Or Demo?
All the trading accounts available in the Kortana platform uses a demo account and not a live account in the evaluation stage.
The prop firm will then decide on copying your trade into their live capital when you get to the funded account stage in the platform.
For this reason, you will only have access to a live trading account once you move to the funded account stage in the platform.
Is There A Payout Limit In The Kortana FX?
Because the prop firm accepts the use of HFT in your trading career, there is a set payout limit to your withdrawal.
The limit states that you can withdraw a maximum of 7% of your original balance in the platform for all traders.
According to Kortana FX, this will help in preventing and removing the gambling-like behaviors experienced on the platform.
Thank you for reading my Kortana FX Review.
If you still have any additional concerns regarding this prop firm, feel free to leave a comment in the section below.