RZR Funded: What the Hantec Trader Rebrand Means for Prop Traders

RZR Funded is the new name of Hantec Trader, the business behind a trader evaluation and simulated funding program. The rebrand gives the prop trading operation a new identity, and the company says it builds on its earlier experience. If you already know Hantec Trader, or you are comparing prop firms for the first time, it is worth understanding what has changed and what has not before you pay for any evaluation.

What the Rebrand Announcement Covers

Hantec Trader announced the name change on LinkedIn on October 19, describing it as the start of a new chapter for the business. The announcement focused on identity rather than listing every product change. That means the most reliable way to judge RZR Funded is to read the programs and rules it has actually published, not the announcement alone.

Under its previous name, Hantec Trader offered several evaluation formats. These included one-, two- and three-step challenges, along with instant-access products. The company has been described as one of the first major brokers to launch a prop trading offering, and the business has been an important part of its wider activity.

For traders, the practical question is continuity. A new name does not automatically mean new rules, but it can mean that the documents, support channels and marketing you saw earlier have been updated. Treat any older screenshot or guide as a starting point, and confirm the current details on the official website.

Changes Made Before the Rebrand

Several updates were made earlier in the year, before the new name was announced. They are a useful baseline to check against the live website:

• A three-stage challenge was introduced in May, with simulated account balances from $5,000 to $200,000.
• Traders must reach a 6% profit target at each stage.
• The challenge includes a 10% static drawdown limit.
• In the same month, a 24-hour reward approval guarantee was added for eligible requests.
• The firm expanded its trading options and removed its former 85% margin cap.

If any of these details differ from what you find on the RZR Funded website today, rely on the current website and the terms you accept at sign-up.

How the Three-Stage RZR Funded Challenge Works

Prop firms use evaluations to check whether a trader can manage risk and hit performance targets before granting a simulated or funded account. The three-stage format used by RZR Funded follows a fixed sequence, which is easier to plan around than an open-ended program.

Step by step

1. Choose a simulated balance. The published range runs from $5,000 to $200,000, so you can pick a size that suits your strategy and risk budget.
2. Reach the stage one target. You need a 6% profit without breaching the drawdown limit.
3. Repeat at stages two and three. The same 6% target applies at each stage, so the requirement stays consistent.
4. Stay inside the 10% static drawdown. Breaching this limit ends the attempt, so risk control matters as much as returns.
5. Request a reward if eligible. Eligible requests fall under the 24-hour approval guarantee announced in May.

A simple worked example

The figures below only illustrate the published percentages. They are not an offer detail. On a simulated balance of $100,000, a 6% target equals a $6,000 profit, and a 10% static drawdown equals a $10,000 limit. Because the drawdown is described as static, read the rulebook to confirm the reference point. Find out whether it is measured from the starting balance or from another level, and how it is tracked during the day.

A simple way to test your plan is to write down the drawdown in dollars for each balance size you are considering, then check how many losing trades you could absorb before reaching that limit. This shows quickly whether your strategy fits the rules.

Published Details Versus Items to Verify

The table below separates the details that have been published from the areas you should confirm directly with RZR Funded.

Terms to Review Before You Sign Up

An evaluation is only as useful as its terms. Before paying for any challenge, review these points on the official website:

• The full fee structure, and whether any fees are refundable under specific conditions.
• How the static drawdown is calculated, and whether it applies to equity or balance.
• Rules on news trading, holding periods, lot sizes and prohibited strategies.
• The reward approval process, including what counts as an eligible request.
• Withdrawal conditions and any minimum requirements before a payout.
• Whether the terms have changed since the rebrand, since names and rulebooks can both be updated.

Reward schemes and promotions across the industry come with conditions too. If you compare prop-style offers with other incentives, our guide to forex reward bonus offers explains how such rewards are typically structured. Bonuses and promotions always have terms and conditions, including trading volume and withdrawal rules, so read them on the provider's site before you take part.

Why the Rebrand Matters for Existing and New Traders

A rebrand can signal a new direction, but it does not change the rules that govern your account. The practical concern is that the name on your agreement, support channels and marketing may differ from what you saw before. Keep copies of your contract, note the legal entity you are dealing with, and save the terms that were in force when you joined.

Existing participants should also check whether any open evaluation or payout request is affected by the change. If you are unsure, contact the company in writing and keep the reply for your records.

The company also stated that it was scheduled to exhibit at the London Prop Trading Expo around the time of the announcement. Event plans can change, so confirm directly with the organiser if attendance affects your decision.

If you are new to comparing trading promotions in general, our best no deposit bonus page is a useful starting point for seeing how promotional terms differ. Compare the rules, not just the headline figures.

Key Takeaways

• Hantec Trader is now RZR Funded, and the rebrand was announced on October 19.
• The three-stage challenge offers balances from $5,000 to $200,000, with a 6% target per stage and a 10% static drawdown.
• The 24-hour reward approval guarantee applies to eligible requests only.
• The former 85% margin cap has been removed, but current leverage and margin rules should be checked on the website.
• Read the full terms, including fees, drawdown calculation and withdrawal conditions, before paying for any evaluation.

Trading involves risk. Prop evaluations can cost you the evaluation fee if you do not meet the rules, so only commit money you can afford to lose.

FAQ

What is RZR Funded?

RZR Funded is the new name of Hantec Trader, a business that offers trader evaluation and simulated funding programs. The company announced the change on LinkedIn on October 19.

What are the main rules of the three-stage challenge?

Traders must reach a 6% profit target at each stage while staying within a 10% static drawdown limit. Simulated balances range from $5,000 to $200,000.

Did RZR Funded remove its margin cap?

Yes, the firm removed its former 85% margin cap as part of its earlier updates. Check the current margin and leverage rules on the website before trading.

What is the 24-hour reward approval guarantee?

It is a guarantee that eligible reward requests will be approved within 24 hours. Eligibility criteria apply, so review the terms before submitting a request.

Are the old one-, two-step and instant-access programs still available?

Hantec Trader offered these products under its former name. Confirm on the RZR Funded website whether each program is still available and what its current terms are.