The Funded Trader

Who are The Funded Trader Program?

At The Funded Trader, we embody our ethos and core principles in everything we do. These guiding values serve as our North Star, guiding our decision-making process as we strive to build a world-class prop firm that benefits our team, our traders, and our community.

The Funded Trader is an online prop trading firm that evaluates demo accounts. For merely the initial cost of the test, they offer clients the chance to complete their assessment and demonstrate their trading prowess in a risk-free setting. Following evaluation, qualified traders are entitled to a profit split on the gains made in their funded accounts, provided that they abide by the Terms of Use and the Customer Agreement.

The Funded Trader is a proprietary firm incorporated on the 12th of May, 2021. They have an office based in the US while offering their traders a chance to work with capital up to $1,500,000 in balance and with up to 90% profit splits. They are partnered with Eightcap and Purple Trading Seychelles as their brokers.

The Funded Trader Website

Their headquarters are located at 14001 W HWY 29, Suite 102, Liberty Hill, TX 78642.

Funding program options for The Funded Trader

Standard Challenge

Standard Challenge Swing

$5,000 account for $65

$10,000 account for $129

$25,000 account for $199

$50,000 account for $299

$100,000 account for $499

$200,000 account for $939

$300,000 account for $1,409

$400,000 account for $1,879

Larger Drawdown – In the original TFT challenge you will have a 6% daily drawdown and a 12% max drawdown on all account sizes. You can also start off at $400k which is the largest in the industry.

First Withdrawal in 30 days – once you make it to a withdrawal expect your payout within 48 hours.

Scaling Plan – TFT account by 25% if you are able to make 6% in a 3-month period according to our scaling plan.

Phase 1 is the first phase of the evaluation process. You must achieve a profit target while following the rules.

35 Days

10% Profit Target

6% Daily drawdown

12% Overall drawdown

3 Minimum trading days

Phase – 2 is the validation phase where you will again prove your skills. You must achieve a profit target while following the rules.

60 Days

5% Profit target

6% Daily drawdown

12% Overall drawdown

3 Minimum trading days

The Funded Trader

You have officially made it! Now you are eligible to join our Proprietary Trading Firm

Standard Challenge Regular

Rapid Challenge

Rapid challenge swing

$5,000 account for $79

$10,000 account for $129

$25,000 account for $229

$50,000 account for $299

$100,000 account for $499

$200,000 account for $899

14 Days to First Payout – your first payout in as little as two weeks.

Balance-Based Drawdown – hold trades from day to day to compound your winnings. Balanced-based drawdown gives you the freedom to build your positions.

No minimum trading days – if you pass the challenge in 1 day you can move on the phase 2 right away.

How it works – choose the amount of capital you would like to manage and pass the evaluation by meeting the trading objectives during phase 1 and phase 2 of the evaluation. In rapid challenge, there are no minimum trading days, you can literally finish each phase even in one day, minimum 10% profit on each payout cycle.

Rapid Challenge Regular

Royal Challenge

$50,000 account for $289

$100,000 account for $489

$200,000 account for $939

$300,000 account for $1,399

$400,000 account for $1,869

Royal challenge – Two-Phased evaluation

Phase – 1

35 Days

8% Profit Target

5% Daily Drawdown

10% Overall drawdown

5 Minimum trading days

Phase – 2

60 days

5% Profit Target

5% Daily Drawdown

10% Overall drawdown

5 Minimum trading days

About Royal challenge – no lot size limits, ea’s are enabled, lower profit target of 8%, holding over the weekend is allowed, daily drawdown is calculated with equity and balance, no restrictions on trading news

Knight Challenge

$25,000 account for $189

$50,000 account for $289

$100,000 account for $489

$200,000 account for $939

1 Phase Challenge – you only need to pass 1 phase and become funded. This is the best-priced 1 step challenge in the industry. You can reach a payout in as little as 10 days with this challenge. No limits and EA’s allowed, use the EA’s you like, and do not worry about breaking any lot size limits.

What makes The Funded Trader Program different from other prop firms?

The Funded Trader is different from most industry-leading prop firms due to having relaxed trading rules with almost no restrictions. For example, you can trade during news, hold trades overnight, and during the weekends.

Compared to other prop firms, The Funded Trader offers up to 200:1 leverage and a relatively low-profit target of 10% in Phase 1 and 5% in Phase 2. Identical to FTMO, which also has an Evaluation Process made out of Phase 1 with a Profit Target of 10% and Phase 2 with a Profit Target of 5%. The Evaluation process phases have 5 minimum trading days, precisely like My Forex Funds which also have 5 minimum trading days for their Evaluation Process. In comparison, FTMO has 10 minimum trading days for each Phase.

Another difference from most prop firms is that you are eligible for your first payout 30 days after the first trade. Payouts after that are available bi-weekly, which means every 14 days with a high-profit split ranging from 80-90%.

The only prohibited strategies are hedging between accounts, copy-trading, use of any EA’s, and unrealistic execution price in the demo environment due to a news event causing volatility in the market. Besides all of that, you cannot change your password on your accounts. By doing so, your account gets terminated.

In conclusion, getting funding from The Funded Trader can be acquired by many different strategies due to their relaxed trading rules with almost no restrictions. You should focus on fulfilling the profit target while not exceeding the maximum daily and total loss limits.-

Is getting The Funded Trader Program capital realistic?

It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high-profit split on a highly funded account sounds great, but if they expect high gains per month with low maximum drawdowns, your chances of success become close to zero.

After considering all of that, The Funded Trader is a great choice to get funded with. This is because you need to pass an Evaluation Process made out of 2 Phases.

Payment proof

Trading instruments

The Funded Trader allows you to trade forex pairs with 100:1 leverage (200:1 during evaluation), commodities with 40:1 leverage, indices with 20:1 leverage, and cryptocurrencies with 2:1 leverage.

FOREX:	USDCHF	GBPUSD	EURUSD	EURJPY	USDCAD
AUDUSD	EURGBP	EURAUD	EURCHF	EURJPY	GBPCHF
CADJPY	GBPJPY	AUDNZD	AUDCAD	AUDCHF	AUDJPY
CHFJPY	EURNZD	EURCAD	CADCHF	NZDJPY	NZDUSD
GBPAUD	GBPCAD	GBPNZD	NZDCAD	NZDCHF	EURHUF
EURCZK	EURDKK	ERUHKD	EURNOK	EURPLN	EURSEK
EURTRY	EURZAR	GBPDKK	GBPNOK	GBPSEK	NOKSEK
USDCNH	USDCZK	USDDKK	USDHKD	USDHUF	USDILS
USDMXN	USDNOK	USDPLN	USDRUB	USDSEK	USDSGD
CADSGD	USDTRY	USDZAR	EURSGD

COMMODITIES:	XAUUSD	XAGUSD	XPTUSD	COPPER	NGAS
UKOil	USOil

INDICES:	US30	SPX500	DAX	US30	UK100
ESP35	JPY225	FRA40	EUSTX50	NAS100

CRYPTO:	BTCUSD	XRPUSD	DASHUSD	EOSUSD	ETHUSD
IOTAUSD	LTCUSD	NEOUSD	OMGUSD	XMRUSD	BCHUSD
BNBUSD	BATUSD	ETCUSD	TRXUSD	XLMUSD	ZECUSD
DOGEUSD	SHBUSD1000	ADAUSD	SOLUSD	DOTUSD	AVAUSD

The Funded Trader Trustpilot

On Trustpilot, they have a large variety of their community commenting and giving positive feedback with an excellent score of 4.5/5 out of 8,976 reviews. They also have a reliable support team that will provide you with all the necessary information you require from them.

The Funded Trader has excellent feedback from reviews, with a score of 4.5/5 and 8,976 reviews.

Support

The Funded Trader has a FAQ page where you might find the missing information.

The support team is available on their social media, or you can directly contact them by emailing support@thefundedtraderprogram.com.

They also have active live chat support, where you can message them, and you will get a reply on your email.

You can also check out their Discord channel, which has different channels where the support team and the community will help if you require any support or face technical issues.

Conclusion

The Funded Trader is undoubtedly one of the best prop trading firms in the market after taking into consideration all they have to offer. In conclusion, The Funded Trader is a legitimate prop firm offering funding upon completion of the Evaluation Process for traders worldwide. With funding from $50,000 up to $1,500,000 per trader or strategy in balance with a high 80-90% profit split, bi-weekly payments, and relaxed trading rules, it’s an excellent firm for undercapitalized traders seeking investors for their trading.

Royal challenge programs are also typical two-phase assessment challenges in the market that must be finished before funding and eligibility for profit sharing. Before getting funded.

I would recommend The Funded Trader to anyone who has been reaching consistent results while trading forex pairs, commodities, indices, or crypto. While they are still a relatively new firm, they offer excellent conditions for a big pool of different trading styles for individuals. To anyone seeking a prop firm with simple trading guidelines, The Funded Trader can be an excellent choice. They are a reputable prop company that provides great terms for a large group of people with various trading strategies.

This review about The Funded Trader was lastly updated on 7/13/2023 at 17:00 (CE(S)T).