For Traders vs FunderPro - Prop Firm Comparison

Introduction

On paper, For Traders and FunderPro look like close cousins: both are forex and CFD firms offering multi-step evaluations, both cap leverage at 1:100, and both run the same 5% daily and 10% overall drawdown. Look closer and they separate on the things that actually shape a trader’s day, namely platforms, payout timing, and how much freedom you get with your positions.

FunderPro is the older and more established of the two, founded in 2019 and rated 4.5/5 on Trustpilot from over 2,000 reviews. It runs on MetaTrader (MT4 and MT5), starts evaluations at just $49, allows both overnight and weekend holding, and lets you trade the news, which makes it comfortable for swing and event-driven traders. Payouts arrive on a fixed bi-weekly schedule.

For Traders, launched in 2023, leans newer and more flexible. It adds 3-Step and Instant funding to the usual one- and two-step routes, scales accounts up to $300K, and runs on a wider platform set (For Traders X, cTrader, TradeLocker and TradingView). It pays on demand rather than on a schedule, but it is stricter in places: positions are overnight-only, and news trading is limited to a three-minute window.

It really comes down to priorities. FunderPro rewards traders who want the lowest entry cost, a longer track record, and weekend or news freedom on MetaTrader. For Traders suits those who want format variety, on-demand payouts, and a broader platform choice. The risk limits are identical, so platform and trading style break the tie.

FeatureFor Traders - Firm ReviewFunderPro
For Traders - Firm ReviewFunderPro
Founded20232023-02
Profit Split80/2080/20, scalable to 90/10
Maximum Account Size$200,000$5,000,000
Evaluation Phases1-3 steps2
Trustpilot Rating
Expert Grade8.28.9
ProgramFor Traders - Firm ReviewFunderPro
Entry Level ProgramFast (1-Step)Classic Challenge
Advanced ProgramStrike (3-Step)Pro 2-Phase Challenge
Scaling OptionsYesYes
Demo AccountYesYes
CriteriaFor Traders - Firm ReviewFunderPro
Profit Target5-12%Phase 1: 8-12%, Phase 2: 5-8%
Maximum Drawdown10-12%Daily: 5%, Maximum: 10%
Minimum Trading Days810
News TradingYesNo
OptionFor Traders - Firm ReviewFunderPro
$10K Account$69
$25K Account$219
$50K Account$319
$100K Account$539
$200K Account$989
Refund Policy
Coupons / DiscountFor Traders - Firm Review discountFunderPro discount
FeatureFor Traders - Firm ReviewFunderPro
Trading PlatformsProprietary in-house dashboardTradeLocker, cTrader, MT5
ForexYesYes
StocksNoYes
IndicesYesYes
CommoditiesYesYes
CryptocurrenciesYesYes
BondsNoNo
EA/Algo TradingNoYes
FeatureFor Traders - Firm ReviewFunderPro
Payout TermsBank Wire (3-5 days), PayPal (24-48 hours), Skrill (24-48 hours), Crypto (1-24 hours), Wise (2-3 days)Bank wire, Bitcoin, RiseWorks, USDC; $100 minimum; processed daily
See all prop firm payouts →
Key ElementFor Traders - Firm ReviewFunderPro
StrengthsMarket leader in prop accounts, fast withdrawals, realistic targets, transparent feesDaily profit withdrawals, No time limits, Aggressive scaling, Multiple payout options, Transparent fees
WeaknessesComplicated for beginners, high fees, limited platform selection, outdated interfaceTrustpilot flagged, Limited track record since Feb 2023, No TradingView support
Best ForDisciplined traders seeking realistic challenges and transparent operationsTraders seeking daily withdrawals and flexible challenge timelines

FAQ

What makes For Traders stand out among prop firms?

For Traders, based in Dubai, UAE, was founded in 2023 and is best known for multiple challenge formats including 3-step and instant, For Traders X, cTrader, TradeLocker, and TradingView platform support. With a minimum evaluation cost of Check firm site and a up to 90% profit split, it offers a developing value proposition for forex traders wanting flexible evaluation formats.

How does FunderPro differ from other prop firms?

FunderPro, based in London / Singapore / Dubai and founded in 2019, differentiates itself through Established since 2019, $49 entry price. With a 80โ€“90% profit split and 2-Step, 1-Step evaluation, it is particularly suited to mt4/mt5 traders wanting an established firm.

Which firm offers better payouts – For Traders or FunderPro?

For Traders offers a up to 90% profit split with On-demand payouts processed in 1-3 business days. FunderPro offers a 80โ€“90% profit split with Bi-weekly payouts in 1-3 days. The better choice depends on whether you prioritise split percentage or payout frequency.

Are these prop firms suitable for beginners?

Both firms can accommodate beginners, but with different considerations. For Traders is best suited to Forex traders wanting flexible evaluation formats, while FunderPro is better aligned with mt4/mt5 traders wanting an established firm. New traders should start with the smallest available account size and thoroughly review all rules before committing.

What happens if I fail the evaluation at either firm?

Most prop firms allow traders to purchase a reset to restart their evaluation phase, typically at 40-50% of the original fee. Neither firm penalises future attempts based on previous failures. Check each firm’s official site for current reset pricing and terms.

Which firm gets you funded faster, For Traders or FunderPro?

For Traders generally offers a quicker route to funding. It requires only a 5-day minimum and includes an Instant funding option alongside its 1-Step challenge, so disciplined traders can reach a funded account sooner. FunderPro uses a 10-day minimum across its 1-Step and 2-Step evaluations, which stretches the timeline before the first payout.

Which firm is better for swing traders, For Traders or FunderPro?

FunderPro suits swing traders better. It permits overnight and weekend holding and allows news trading, so positions can ride multi-day moves and weekend gaps. For Traders allows overnight but not weekend holding and restricts news trading to a 3-minute window, which makes it better for intraday and short-swing styles.

How was this Comparison Created?

1. We Collect

Our research team gathered data directly from the official websites, terms of service documents, and public communications of both For Traders and FunderPro. We supplemented this with verified user reviews on Trustpilot and trading community forums, and consulted active traders with first-hand experience at each firm.

2. We Examine

Our team of professional traders verified all information, cross-checking accuracy against each firm’s current platform, evaluation parameters, and pricing pages. Special attention was paid to profit split structures, drawdown rules, and payout conditions to ensure our assessment reflects the real trader experience.

3. We Score

We apply a scoring methodology across seven key categories: evaluation structure, trading conditions, costs and fees, platform quality, profit potential, customer support, and educational resources. Each category is weighted by importance to traders at different experience levels.

4. You Choose

This comparison is designed to help you identify which firm better aligns with your trading style, experience level, and goals. Consider your priorities – evaluation flexibility, profit split, platform preference, and firm track record – then visit each firm’s full review on JoinProp for the complete picture. Read the For Traders review or read the FunderPro review to go deeper.

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