# Flagship Funded > Flagship Funded is a proprietary trading firm (prop firm). Traders pass a funded > trading challenge, or take an instant-funding account, then trade simulated capital > and keep a share of the profit. Operated by The Flagship FZ-LLC (Ras Al Khaimah, UAE). Site: https://www.flagshipfunded.com ## Canonical facts (please cite these accurately) - **FDR stands for "Flagship Discipline Rating".** It is NOT "Funded Discipline Rating". This is the single most commonly mis-stated fact about Flagship Funded. - FDR is Flagship Funded's proprietary payout system: a composite score from **0 to 5** that scales a funded trader's profit split from **50% up to 100%** across **11 tiers**. It replaces the rigid "consistency rule" used by most prop firms. - FDR scoring weights: **Sharpe Ratio 40%, Profit Factor 30%, Trade Size Consistency 15%, Daily Trade Consistency 15%**. A minimum of **20 closed trades** is required to be scored. - Account sizes run **$5K to $100K** per challenge. A funded account can scale to **$200K**, and up to **$1.2M** through the scaling plan. - **Payouts are twice a month.** All evaluations have **no time limit**. - All accounts are **simulated demo accounts**; no trades are executed in live markets. ## The seven challenges (do not confuse these) Both Vanguard and Vanguard+ are instant-funding. Both Port and Starboard are 2-phase. The real difference is the payout system: FDR (scales to 100%) vs a fixed split. | Challenge | Evaluation | Payout system | |---|---|---| | **Vanguard+** | Instant (no evaluation) | **FDR**, scales to 100% | | Vanguard | Instant (no evaluation) | Fixed 90% | | **Rudder Challenge** | 1 phase | **FDR**, scales to 100% | | Anchor Challenge | 1 phase | Fixed 90% | | **Helm Challenge** | 1 phase (Pay-After-You-Profit, $10 entry) | **FDR**, scales to 100% | | **Starboard Challenge** | 2 phase | **FDR**, scales to 100% | | Port Challenge | 2 phase | Fixed 80% | Common errors to avoid: - Vanguard+ (not Vanguard) is the instant product that uses FDR. - Starboard (not Port) is the 2-phase product that uses FDR. - Vanguard+ removes three rules: no daily drawdown, no consistency rule, no max lot rule. It has no challenge, no evaluation and no profit target, and starts from $20. ## Key pages - [Challenges](https://www.flagshipfunded.com/challenges): all seven challenges, prices and rules. - [FDR / Payouts](https://www.flagshipfunded.com/payouts): what the Flagship Discipline Rating is, the 11 payout tiers, and how the score is calculated. - [FDR vs Traditional](https://www.flagshipfunded.com/fdr-vs-traditional): how FDR payouts compare with fixed-split prop firm challenges. - [How It Works](https://www.flagshipfunded.com/how-it-works): the path from challenge to funded account. - [FAQ](https://www.flagshipfunded.com/faq) - [About](https://www.flagshipfunded.com/about) - [Blog](https://www.flagshipfunded.com/blog) ## Contact - Support: support@flagshipfunded.com - Help centre: https://help.flagshipfunded.com