The Concept Trading vs Funding Traders: Elite Prop Firms Comparison

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Introduction

The Concept Trading and Funding Traders stand out as two prominent prop trading firms offering traders pathways to access funded accounts. The Concept Trading is known for its innovative approach to trader development with comprehensive educational resources and flexible evaluation models, earning a strong 4.3/5 rating on Trustpilot. Meanwhile, Funding Traders has established itself with competitive pricing structures and streamlined evaluation processes, currently holding a 3.5/5 Trustpilot rating. Both firms offer opportunities for traders to access significant capital without risking their own funds, though they differ in their specific approach to trader evaluation and ongoing support.

FeatureThe Concept TradingFunding Traders - Elite Firm Review
The Concept Trading Funding Traders - Elite Firm Review
Founded20212019
Profit Split50% all levels except top (90%)80-90%
Maximum Account Size$5,000,000$1,000,000
Evaluation Phases2
Trustpilot Rating4.7
Expert Grade9.18.5
ProgramThe Concept TradingFunding Traders - Elite Firm Review
Entry Level ProgramAUD 65Yes
Advanced ProgramAUD 19997Yes
Scaling OptionsYesYes
Demo AccountYesYes
CriteriaThe Concept TradingFunding Traders - Elite Firm Review
Profit Target6-10%5-12%
Maximum Drawdown3-10% static8-10%
Minimum Trading Days10
News TradingYesYes
OptionThe Concept TradingFunding Traders - Elite Firm Review
$5K AccountAUD 65 / Foundation / One-time
$10K AccountAUD 110 / Foundation / One-timeUSD 119 / Listed challenge / One-time
$25K AccountAUD 260 / Foundation / One-timeUSD 229 / Listed challenge / One-time
$50K AccountUSD 339 / Listed challenge / One-time
$100K AccountUSD 599 / Listed challenge / One-time
$200K AccountUSD 999 / Listed challenge / One-time
Coupons / DiscountThe Concept Trading discountFunding Traders - Elite Firm Review discount
FeatureThe Concept TradingFunding Traders - Elite Firm Review
Trading PlatformsMetaTrader 5, TradeLockerDXTrade, TradeLocker, MetaTrader 5
ForexYesYes
StocksNo
IndicesYes
CommoditiesYes
CryptocurrenciesYesYes
Bonds
EA/Algo TradingYesNo
FeatureThe Concept TradingFunding Traders - Elite Firm Review
Payout TermsOnce per calendar month (Bank transfer, Crypto, Revolut, PayPal)Bank Wire Transfer, PayPal, Skrill, Cryptocurrency, Wise
See all prop firm payouts →
Key ElementThe Concept TradingFunding Traders - Elite Firm Review
StrengthsStatic drawdown, no daily drawdown, permissive rules, EAs/HFT allowed, low entry feesreasonable challenge requirements, trader-friendly policies, transparent fee structure, multiple challenge options, scaling program
WeaknessesMisleading 90% marketing, one payout/month only, 30-day invoice deadline, capped profits, new discretionary clauseexcessive fees, strict trading rules, high profit targets, capital loss risk, slow withdrawals
Best ForLong-term scalers seeking trading freedom, not monthly income seekersnew and experienced traders

FAQ

What makes The Concept Trading popular among users?

The Concept Trading has gained popularity primarily due to its flexible evaluation model with no time limits, comprehensive educational resources, and higher profit splits of up to 90%. Traders particularly appreciate the lack of time pressure during evaluation phases, which allows for more strategic trading rather than rushed decision-making. Their active community support and personalized coaching options also contribute significantly to their strong user satisfaction ratings.

How does Funding Traders differ from other similar organizations?

Funding Traders distinguishes itself with a competitive pricing structure that’s often lower than industry averages, especially for mid-sized accounts. Their streamlined two-phase evaluation process with clearly defined metrics makes it straightforward for traders to understand requirements. They also offer a notably quick verification timeline and efficient payout processing compared to many competitors, with a focus on creating a balance between achievable targets and proper risk management.

Which firm offers better conditions for beginner traders?

The Concept Trading generally offers better conditions for beginner traders due to their comprehensive educational resources, absence of time limits during evaluation phases, and more supportive community structure. Their dashboard provides clearer performance analytics and the minimum trading days requirement (just 10 days) is less intimidating than Funding Traders’ 10-day minimum. However, beginners on a tighter budget might prefer Funding Traders’ lower entry fees for smaller account sizes.

Are there any hidden fees with either company?

Neither company has truly hidden fees, but there are additional costs traders should be aware of. The Concept Trading charges a 50% reset fee if you fail evaluation and wish to try again, while Funding Traders charges 40%. The Concept Trading’s Express Evaluation comes with a 30% premium over standard fees. Both firms have account inactivity policies that may result in account suspension after 30 days of no trading activity. Payout methods may also have varying fee structures depending on the withdrawal method chosen.

Can I use automated trading systems with these firms?

Both firms allow automated trading systems (Expert Advisors or EAs) but with certain restrictions. The Concept Trading permits EAs with pre-approval and requires documentation of the strategy logic, with restrictions against grid trading and martingale strategies. Funding Traders has a stricter vetting process for EAs and maintains a limited list of approved systems, with particular emphasis on avoiding high-frequency algorithms that could potentially manipulate their evaluation metrics. Both firms monitor automated trading closely and may require additional verification if suspicious patterns are detected.

How was this 2 companies Comparison Created?

1. We Collect

Our research team gathered comprehensive information directly from The Concept Trading and Funding Traders official websites, terms of service documents, and publicly available resources. We supplemented this with data from verified customer reviews across platforms including Trustpilot, Forex Peace Army, and social media channels. We also interviewed current and former traders from both firms to gain insights into their actual experiences beyond marketing claims.

2. We Examine

All collected information underwent thorough verification by our team of experienced prop trading analysts and financial industry experts. We cross-referenced company claims with user experiences, tested platform capabilities where possible, and analyzed terms of service for potential limitations or advantages. Our examination focused particularly on evaluation criteria transparency, fee structures, execution quality, and payout reliability to ensure accuracy in every comparison point.

3. We Score

Our scoring methodology uses a weighted evaluation system across multiple categories including: platform reliability (15%), evaluation fairness (20%), fee structure (15%), trader support (15%), payout reliability (20%), and educational resources (15%). Each firm received objective scores in these categories based on our research findings, with particular emphasis placed on elements most important to trader success. We prioritize actual trader outcomes over marketing promises in our final assessments.

4. You Choose

Use this comparison as a starting point for your decision, but consider your specific trading style, experience level, and financial goals. The Concept Trading may be preferable if you value educational resources and flexibility without time pressure, while Funding Traders might better suit you if competitive pricing and straightforward evaluation criteria are priorities. We recommend examining each firm’s specific rules for your preferred trading instruments and strategies before making a final decision.

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JoinProp The Concept Trading and Funding Traders stand out as two prominent prop trading firms offering traders pathways to access funded accounts. The Concept Trading is known for its innovative approach to trader development with comprehensive educational resources and flexible evaluation models, earning a strong 4.3/5 rating on Trustpilot. Meanwhile, Funding Traders has established itself with competitive pricing structures and streamlined evaluation processes, currently holding a 3.5/5 Trustpilot rating. Both firms offer opportunities for traders to access significant capital without risking their own funds, though they differ in their specific approach to trader evaluation and ongoing support.

About JoinProp

JoinProp is your trusted gateway to the world of proprietary trading. We provide clear, unbiased firm reviews, comparison tools, and educational content to help traders at all levels make smarter decisions and grow their trading careers. Whether you’re just getting started or scaling up, JoinProp is here to guide your journey.

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