For Traders vs FunderPro – Prop Firm Comparison

Published: · Last updated:

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 offers MT5, cTrader and TradeLocker for standard accounts, with ForTradersX for Futures and integrated TradingView charts through TradeLocker. 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 TradersFunderPro
For Traders FunderPro
Founded20232023-02
Profit Split80/20
Maximum Account Size$200,000$200,000
Evaluation Phases1-3 stepsOne Phase: 1; Classic/Pro: 2; Instant: no evaluation
Trustpilot Rating
Expert Grade8.28.4
ProgramFor TradersFunderPro
Entry Level ProgramFast (1-Step)Classic Challenge
Advanced ProgramStrike (3-Step)Pro 2-Phase Challenge
Scaling OptionsYesUp to $5M; 50% increases after 10% profit each month for 3 consecutive months
Demo AccountYesYes
CriteriaFor TradersFunderPro
Profit Target5-12%
Maximum Drawdown10-12%
Minimum Trading Days8Classic: 4 per evaluation phase (removable add-on); One Phase: from 3; Instant rewards: 5 days at 0.5% each; Pro: check selected plan
News TradingYesOne Phase/Classic/Pro evaluation allowed; funded requires Swing for restricted news. Instant restricted by default.
Daily Loss Limit
Drawdown Type
OptionFor TradersFunderPro
CFD $10K Account
CFD $25K Account
CFD $50K Account
CFD $100K Account
CFD $200K Account
Refund Policy14 days if unused; One Phase/Classic fee credit within 7 days after first funded reward; no Pro credit; upgrades: difference only
Coupons / DiscountFor Traders discountFunderPro discount
FeatureFor TradersFunderPro
Trading PlatformsStandard accounts: MetaTrader 5, cTrader, TradeLocker; Futures: ForTradersX; TradeLocker includes integrated TradingView chartsMetaTrader 5, TradeLocker, cTrader
ForexYesYes
StocksNoYes
IndicesYesYes
CommoditiesYesYes
CryptocurrenciesYesYes
BondsNoNo
EA/Algo TradingNoChallenge EAs subject to own-source-code and no cross-client copying terms; Instant prohibits abusive automation
FeatureFor TradersFunderPro
Payout TermsBank Wire (3-5 days), PayPal (24-48 hours), Skrill (24-48 hours), Crypto (1-24 hours), Wise (2-3 days)One Phase/Classic: 14 days ($100 minimum; first 7-day add-on); Instant bi-weekly $100 plus eligibility/caps; Pro Daily 60% or Weekly 90%, 1% minimum; USDC ERC20/Riseworks; processing after approval
See all prop firm payouts →
Key ElementFor TradersFunderPro
StrengthsMarket leader in prop accounts, fast withdrawals, realistic targets, transparent feesStatic evaluation drawdown; Classic no consistency rule; MT5/cTrader/TradeLocker; published scaling path
WeaknessesComplicated for beginners, high fees, limited platform selection, outdated interfaceInstant trailing drawdown and 15% consistency; Pro Daily 60% split; funded margin cap; conflicting official HFT guidance
Best ForDisciplined traders seeking realistic challenges and transparent operationsStatic-drawdown evaluation traders comparing Classic and Pro Weekly

Conclusion and Final Recommendation

Choose For Traders – Firm Review if you want a lower 8-day minimum and news trading allowed. Choose FunderPro if a higher profit split, up to 90%, a larger funded ceiling at $5M and a cheaper entry, from USD 69 matter more to you. Neither firm is better in the abstract. The right choice depends on your strategy, your budget and the instruments you trade, so read both full reviews before you commit. Verify current rules and pricing on each firm’s own site before purchasing.

Frequently asked questions

How We Compared For Traders and FunderPro

Both firms carry a JoinProp Rating out of 10, scored on the same nine weighted factors, led by payout reliability at 20%, then fee structure, drawdown rules and profit split at 15% each. The scores come from our own firm reviews, built from each firm’s current terms rather than its marketing pages and re-checked at least every 90 days. Affiliate relationships have no effect on any rating, and ratings are never sold. The tables above are the evidence behind those scores. Read our full ranking methodology.

View More Elite Prop Firms Compared: The Trading Pit vs The5ers

The Trading Pit vs The5ers