FTMO vs The Funded Trader: Elite Prop Firms Comparison
Introduction
FTMO and The Funded Trader are leading proprietary trading firms offering funded trading accounts to qualified traders. FTMO, established in 2018 in Prague, has built a strong reputation with over 10,000 successful traders and maintains an impressive 4.7/5 rating on Trustpilot. The Funded Trader, a newer entrant founded in 2021, has quickly gained popularity for its flexible trading conditions and aggressive profit splits, earning a solid 4.3/5 Trustpilot rating. Both firms provide opportunities for traders to access substantial capital without risking their own money, but differ significantly in their evaluation processes, profit-sharing models, and trading parameters.
Quick Comparison
|
| Feature |
FTMO |
The Funded Trader |
|
 |
|
| Founded |
2018 |
2021 |
| Trustpilot Rating |
4.7/5 (5,000+ reviews) |
4.3/5 (2,000+ reviews) |
| Maximum Account Size |
$400,000 |
$400,000 |
| Profit Split |
80% for traders |
Up to 90% for traders |
| Scaling Plan |
Available after consistency |
Multiple account scaling options |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
FTMO |
The Funded Trader |
| Standard Challenge |
Two-phase evaluation: Challenge and Verification |
Two-phase evaluation: Trader Evaluation and Verification |
| Account Sizes |
$10,000 to $200,000 |
$10,000 to $200,000 |
| Swing Account Option |
Available with extended deadlines and weekend holding |
Available with relaxed trading parameters |
| Demo vs. Real |
Demo accounts with real-time data |
Demo accounts with real-time data |
| Rapid Programs |
Accelerated evaluation option (Express) |
Rapid funding option (Blitz) |
Assessment Criteria – How can you pass the test?
|
| Criteria |
FTMO |
The Funded Trader |
| Profit Target (Challenge) |
10% for standard accounts |
8% for standard accounts |
| Profit Target (Verification) |
5% for standard accounts |
5% for standard accounts |
| Maximum Daily Loss |
5% of account balance |
4% of account balance |
| Maximum Overall Loss |
10% of account balance |
8% of account balance |
| Time Limit |
30 days per phase (extended for swing) |
Phase 1: 30 days, Phase 2: 60 days |
| Minimum Trading Days |
10 trading days in Challenge |
5 trading days in Evaluation |
| Trading Consistency Rules |
Strict risk management requirements |
More flexible approach to risk management |
Fees and Pricing – How much will you pay?
|
| Option |
FTMO |
The Funded Trader |
| $10,000 Account |
$155 |
$125 |
| $25,000 Account |
$250 |
$220 |
| $50,000 Account |
$345 |
$315 |
| $100,000 Account |
$540 |
$515 |
| $200,000 Account |
$1,080 |
$950 |
| Free Retake Policy |
50% discount on failed challenge |
Free retry if you reach 50% of target |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Feature |
FTMO |
The Funded Trader |
| Supported Platforms |
MetaTrader 4, MetaTrader 5, cTrader |
MetaTrader 4, MetaTrader 5 |
| Mobile App |
Yes, for account monitoring |
Yes, for account monitoring |
| Proprietary Tools |
FTMO Trading Analytics, Journal |
TFT Dashboard, Performance Metrics |
| Trading Duration |
24/5 for standard, weekend holding for swing |
24/5 for standard, weekend holding for swing |
| Educational Resources |
Extensive webinars, tutorials, mentor program |
Growing library of courses and webinars |
| Account Dashboard |
Comprehensive metrics and analytics |
Clean interface with essential statistics |
Available Options/Products
|
| Option |
FTMO |
The Funded Trader |
| Available Markets |
Forex, Commodities, Indices, Stocks, Crypto |
Forex, Commodities, Indices, Crypto |
| Account Currencies |
USD, EUR, GBP, AUD, CZK |
USD, EUR, GBP |
| Scaling Opportunities |
Up to $400,000 through consistency |
Up to $400,000 through progressive tiers |
| Profit Withdrawal Frequency |
Monthly |
Bi-weekly |
| Demo/Free Trial |
Free trial platform access |
Free model account to test parameters |
| Special Programs |
FTMO Challenge, Express Challenge |
Normal, Aggressive, Blitz models |
Technical Capabilities/Performance
|
| Feature |
FTMO |
The Funded Trader |
| Execution Speed |
Industry-leading, avg. < 100ms |
Good, avg. < 200ms |
| News Trading Allowed |
Yes |
Yes |
| Scalping Allowed |
Yes |
Yes |
| EAs/Algorithms |
Permitted with restrictions |
Permitted with minimal restrictions |
| Leverage |
1:100 (Forex), varies by instrument |
1:100 (Forex), varies by instrument |
| Server Reliability |
99.9% uptime with redundant systems |
99.7% uptime with backup systems |
| Data Security |
SSL encryption, regular audits |
SSL encryption, standard security |
Community and Support
|
| Feature |
FTMO |
The Funded Trader |
| Customer Support Hours |
24/5 via multiple channels |
Extended business hours, not 24/5 |
| Community Size |
100,000+ traders globally |
40,000+ growing community |
| Trader Success Stories |
Extensively documented, regular features |
Growing collection of success stories |
| Social Media Presence |
Very active across all platforms |
Active but smaller following |
| Mentorship Programs |
Official mentorship network |
Developing mentor relationships |
| Support Languages |
15+ languages |
8+ languages |
Conclusion and Final Recommendation
|
| Key Element |
FTMO |
The Funded Trader |
| Strengths |
Established reputation, excellent educational resources, superior analytics, robust scaling opportunities, extensive market access |
Higher profit splits, more flexible trading parameters, faster withdrawals, competitive pricing, innovative program options |
| Weaknesses |
Higher entry fees, stricter trading rules, longer verification process |
Newer company with less track record, fewer educational resources, limited market instruments |
| Best For |
Experienced traders seeking established reputation, traders who value analytics and education, multi-market traders |
Traders wanting higher profit splits, those needing more flexible trading parameters, traders on tighter budgets |
| Final Grade |
4.7/5 |
4.4/5 |
| Discount Codes |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
FAQ
What makes FTMO popular among users?
FTMO’s popularity stems from its established reputation in the prop firm industry, exceptional transparency, and comprehensive analytics suite. Traders particularly value their educational resources, reliable payouts, and proven track record of funding thousands of traders. Their multi-tier challenge structure with clear guidelines and responsive customer support also contributes to their strong market position.
How does The funded Trader differ from other similar organizations?
The Funded Trader distinguishes itself through higher profit splits (up to 90%), more flexible trading parameters, and faster bi-weekly payouts. Their program offers innovative evaluation models including the Blitz option for rapid funding. The company takes a more trader-centric approach with less rigid rules around trading strategies and risk management while maintaining lower entry fees compared to many competitors.
Which firm offers better chances of passing their evaluation?
The Funded Trader generally offers better passing chances with its less restrictive trading parameters (8% profit target vs. FTMO’s 10%, fewer minimum trading days, and more relaxed consistency rules). However, FTMO provides superior analytical tools and educational resources that can help prepared traders succeed. Your trading style will largely determine which program gives you better odds – disciplined methodical traders may prefer FTMO, while those needing more flexibility might find The Funded Trader’s parameters more achievable.
Are these prop firms legitimate or scams?
Both FTMO and The Funded Trader are legitimate proprietary trading firms with established track records of funding traders and processing payouts. FTMO has been operating since 2018 with thousands of verified funded traders and maintains high ratings on Trustpilot. The Funded Trader, while newer (founded 2021), has quickly established credibility through consistent payouts and transparent operations. Both companies use regulated brokers and have extensive verification from the trading community.
What happens if I fail the evaluation with either company?
If you fail an FTMO evaluation, you’re eligible for a 50% discount on your next attempt. The Funded Trader offers a free retry if you reach at least 50% of your profit target before failing. Both firms provide detailed analytics on failed attempts to help you identify improvement areas. Neither company limits how many times you can attempt their challenges, though repeated failures may require purchasing new evaluations at the discounted rates mentioned.
How was this 2 companies Comparison Created?
1. We Collect
Our team gathered comprehensive data directly from FTMO and The Funded Trader’s official websites, terms of service documents, and public announcements. We supplemented this information with verified user experiences from Trustpilot, trading forums, and social media communities. We also consulted with traders who have experience with both platforms to ensure real-world accuracy beyond marketing claims.
2. We Examine
Our team of professional traders and financial analysts thoroughly examined each aspect of both proprietary trading firms. We verified all information through multiple sources, tested platform features where possible, and analyzed historical data on trader success rates. We paid special attention to changes in terms, conditions, and offerings to ensure our comparison reflects the most current operations of both firms.
3. We Score
Our scoring methodology evaluates each company across ten key categories: reputation/longevity, program structure, trading conditions, passing difficulty, profit split terms, platform reliability, educational resources, customer support, pricing, and withdrawal process. Each category is weighted based on trader surveys about their importance, with additional consideration given to unique advantages each firm offers that might benefit specific trading styles.
4. You Choose
Use this comparison to identify which prop firm aligns best with your trading style, financial goals, and experience level. Consider your strengths and weaknesses as a trader when evaluating the different parameters. If you prioritize higher profit splits and flexibility, The Funded Trader may be your better option. If you value established reputation, superior analytics, and extensive education, FTMO might serve you better. Many successful traders maintain accounts with both firms to diversify their funding sources.
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