The Funded Trader vs The Concept Trading: Elite Prop Firms Comparison
Introduction
The Funded Trader and The Concept Trading represent two prominent players in the proprietary trading firm space, offering traders opportunities to access firm capital without risking personal funds. The Funded Trader, established in 2021, has quickly gained recognition for its trader-friendly challenge conditions and high profit splits, maintaining a 4.7/5 Trustpilot rating. The Concept Trading, founded in 2022, distinguishes itself with innovative evaluation models and comprehensive educational resources, earning a 4.3/5 Trustpilot rating. Both firms provide pathways to funded trading accounts, but with distinct approaches to evaluation, support, and trader development.
Quick Comparison
|
| Feature |
The funded Trader |
The Concept Trading |
|
 |
|
| Founded |
2021 |
2022 |
| Trustpilot Rating |
4.7/5 (950+ reviews) |
4.3/5 (320+ reviews) |
| Profit Split |
Up to 90% |
Up to 80% |
| Account Sizes |
$10,000 to $400,000 |
$10,000 to $200,000 |
| Evaluation Type |
Two-phase challenge system |
Single-phase evaluation |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
The funded Trader |
The Concept Trading |
| Standard Challenge |
Two-phase evaluation: Challenge + Verification. No time limit, profit targets of 8% and 5% respectively. |
Single-phase evaluation with 8% profit target within 30 trading days. |
| Express Challenge |
Accelerated path with higher fee, same profit targets but allows faster progression to funded. |
Not offered |
| Rapid Challenge |
Not offered |
Higher entry fee but with a reduced 4% profit target and 15-day timeframe. |
| Swing Trading |
Specific program designed for swing traders with adjusted metrics and overnight holding allowed. |
Available as an option within standard evaluation with slightly modified rules. |
| Demo Accounts |
Free demo challenges occasionally offered for practice before purchasing. |
Permanent free trial account with limited features to test platform compatibility. |
Assessment Criteria – How can you pass the test?
|
| Criteria |
The funded Trader |
The Concept Trading |
| Profit Target |
8% in Challenge, 5% in Verification |
8% in standard evaluation (4% in Rapid) |
| Maximum Daily Loss |
5% of account balance |
4% of account balance |
| Maximum Overall Loss |
10% of initial balance |
8% of initial balance |
| Minimum Trading Days |
5 trading days per phase |
10 trading days within evaluation period |
| News Trading |
Allowed with caution |
Restricted during major economic announcements |
| Weekend Holding |
Allowed in specific swing program |
Allowed with position size restrictions |
| Trading Hours |
24/5 market hours |
Restricted during high-volatility market opens |
Fees and Pricing – How much will you pay?
|
| Option |
The funded Trader |
The Concept Trading |
| $10,000 Account |
$99 (Standard Challenge) |
$89 (Standard Evaluation) |
| $25,000 Account |
$149 |
$139 |
| $50,000 Account |
$199 |
$189 |
| $100,000 Account |
$249 |
$239 |
| $200,000 Account |
$399 |
$349 |
| Reset Fee |
50% of initial challenge fee |
40% of initial evaluation fee |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Feature |
The funded Trader |
The Concept Trading |
| Trading Platforms |
MetaTrader 4, MetaTrader 5 |
MetaTrader 4, MetaTrader 5, cTrader |
| Dashboard Features |
Performance metrics, trade analysis, account statistics |
Advanced analytics, trade journal, risk calculators |
| Mobile Support |
Mobile-responsive dashboard, compatible with MT4/MT5 mobile |
Dedicated mobile app for account monitoring |
| Analytics |
Basic trade analysis and performance metrics |
Advanced pattern recognition and behavior analysis |
| Educational Tools |
Trading webinars, basic educational content |
Comprehensive learning platform, strategy guides, interactive tutorials |
| Community Features |
Discord community, trader forum |
Trader network, mentorship connections, weekly community calls |
Available Options/Products
|
| Option |
The funded Trader |
The Concept Trading |
| Trading Instruments |
Forex, indices, commodities, cryptocurrencies |
Forex, indices, commodities, cryptocurrencies, stocks |
| Account Currencies |
USD, EUR, GBP |
USD, EUR |
| Leverage Options |
1:100 for challenges, 1:20 for funded accounts |
1:50 for evaluations, 1:30 for funded accounts |
| Scaling Plan |
Up to 4x account size after consistent profitability |
Up to 3x account size with milestone-based progression |
| Payout Schedule |
Bi-weekly after first month |
Monthly with express option available |
| Additional Services |
Trade coaching for challenge participants |
Advanced education platform and strategy development |
Technical Capabilities/Performance
|
| Feature |
The funded Trader |
The Concept Trading |
| Execution Speed |
Average 50-100ms |
Average 30-80ms |
| Slippage Control |
Standard market execution with moderate slippage protection |
Advanced slippage controls with custom settings |
| Server Reliability |
99.5% uptime, NY4 and LD4 servers |
99.7% uptime, global server network |
| EA/Algorithm Support |
Supported with restrictions on aggressive strategies |
Full support with specialized EA verification process |
| Data Feed Quality |
Institutional-grade pricing from multiple liquidity providers |
Premium direct market access with minimal latency |
| Support Response Time |
Average 12-24 hour response |
Live chat support during market hours, 6-12 hour email response |
Trader Support and Resources
|
| Feature |
The funded Trader |
The Concept Trading |
| Customer Support Hours |
24/5 via email, business hours for chat |
24/5 via email and chat, extended weekend support |
| Educational Content |
Basic webinars, trading guides, market analysis |
Comprehensive learning platform, strategy courses, advanced workshops |
| Community |
Active Discord server, occasional trader meetups |
Trading community platform, mentorship program, weekly live sessions |
| Performance Coaching |
Available as premium add-on |
Included with higher-tier accounts |
| Market Analysis |
Weekly market outlook, basic trade ideas |
Daily analysis, advanced research tools, sector breakdowns |
| Languages Supported |
English, Spanish, Portuguese |
English, Spanish, German, French |
Conclusion and Final Recommendation
|
| Key Element |
The funded Trader |
The Concept Trading |
| Strengths |
Higher profit splits (up to 90%), no time limits on challenges, larger maximum account sizes, trader-friendly rules |
More comprehensive educational resources, advanced analytics, cTrader platform option, better technical execution, stronger community features |
| Weaknesses |
Two-phase evaluation can take longer, limited platform options, basic educational content |
Lower profit splits, stricter maximum loss parameters, smaller maximum account sizes, time-limited evaluations |
| Best For |
Experienced traders seeking maximum profit potential, swing traders, those who prefer a methodical approach without time pressure |
Traders looking for educational support, analytics-driven traders, cTrader users, traders who benefit from community interaction |
| Final Grade |
4.5/5 |
4.3/5 |
| Discount Codes |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
FAQ
What makes The funded Trader popular among users?
The Funded Trader has gained popularity primarily through its trader-friendly policies, including no time limits on challenges, high profit splits (up to 90%), and a straightforward two-phase evaluation system. Traders appreciate the balance between realistic trading requirements and achievable profit targets, along with the opportunity to scale accounts up to $400,000. The company’s responsive support and active community also contribute significantly to its strong reputation among prop firm traders.
How does The Concept Trading differ from other similar organizations?
The Concept Trading distinguishes itself through its comprehensive educational ecosystem that accompanies its funding program. Unlike many competitors that focus solely on evaluation, The Concept Trading integrates advanced analytics, personalized coaching, and detailed performance metrics to help traders develop sustainable skills. Their single-phase evaluation model simplifies the path to funding, while their proprietary trading dashboard offers insights not typically available with other firms. Additionally, they’re one of the few prop firms offering cTrader alongside the standard MetaTrader platforms.
Which firm offers better payout terms for funded traders?
The Funded Trader generally offers more favorable payout terms with profit splits reaching up to 90% for established traders, compared to The Concept Trading’s maximum of 80%. Additionally, The Funded Trader provides bi-weekly payouts after the first month, while The Concept Trading typically operates on a monthly payout schedule. However, The Concept Trading may have lower thresholds for initial withdrawals and offers an express payout option for an additional fee, which some traders find valuable despite the lower overall split percentage.
Are EAs and algorithmic trading allowed with both companies?
Both companies allow EAs and algorithmic trading, but with different approaches. The Funded Trader permits EAs with restrictions on overly aggressive strategies and requires disclosure of automated methods during the application process. The Concept Trading offers more comprehensive support for algorithmic traders, including a specialized EA verification process and optimization tools. They also provide better server infrastructure for algorithm deployment, making them potentially more suitable for traders who rely heavily on automated systems.
Which firm is better for beginner traders?
The Concept Trading is generally better suited for beginner traders due to its comprehensive educational platform, supportive community features, and detailed analytics that help identify trading weaknesses. Their interface is more intuitive and includes guided learning paths specifically designed for developing traders. The Funded Trader, while offering excellent conditions, is more focused on evaluation than education, making it better suited for traders who already have developed strategies and just need capital to scale their trading.
How was this 2 companies Comparison Created?
1. We Collect
Our research team gathered comprehensive data directly from both The Funded Trader and The Concept Trading official websites, terms of service documents, and public promotional materials. We supplemented this with authenticated user reviews from Trustpilot, trading forums, and social media communities where traders share their experiences. We also conducted interviews with actual users from both platforms to obtain firsthand accounts of the evaluation process, funding experience, and ongoing support.
2. We Examine
All collected information underwent thorough verification by our team of trading professionals with extensive prop firm experience. We cross-referenced company claims against user experiences and industry standards to identify any discrepancies. Our experts personally tested both platforms’ demo environments to evaluate execution quality, platform stability, and overall user experience. Special attention was paid to the fine print in terms of service documents to uncover potential restrictions or conditions that might affect traders.
3. We Score
Our comparative scoring methodology evaluates both firms across 15 key performance indicators, including evaluation difficulty, profit split percentages, platform reliability, educational resources, support quality, and withdrawal efficiency. Each category is weighted according to its importance to the average trader, with fundamental aspects like trading conditions and profit splits carrying greater influence than secondary features. We use a standardized 5-point scale to ensure consistency across all reviews and comparisons.
4. You Choose
Use this comparison as a starting point, but consider your specific trading style, experience level, and goals when making your decision. Experienced traders seeking maximum profit potential might prefer The Funded Trader’s higher splits and larger account sizes. Developing traders who value educational resources and community support may find The Concept Trading more suitable. Consider taking advantage of any free demos or trial accounts to experience each platform firsthand before committing. Remember that success with any prop firm depends more on your trading discipline and strategy than on which company you choose.
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