The Trading Pit vs Funding Traders: Elite Prop Firms Comparison
Introduction
The Trading Pit and Funding traders stand as prominent proprietary trading firms offering traders access to capital through evaluation-based funding programs. The Trading Pit has established itself with innovative multi-step funding solutions and extensive trading instruments, earning a commendable 4.6/5 on Trustpilot. Meanwhile, Funding traders delivers competitive evaluation programs with trader-friendly features and swift payout structures, maintaining a solid 4.3/5 Trustpilot rating. Both firms cater to different trader preferences with unique program structures designed to identify and reward consistent trading performance.
Quick Comparison
|
| Feature |
The Trading Pit |
Funding Traders |
|
 |
|
| Founded |
2022 |
2020 |
| Trustpilot Rating |
4.6/5 (370+ reviews) |
4.3/5 (210+ reviews) |
| Account Types |
Express, Standard, Sprint |
Evaluation, Direct Funding |
| Maximum Funding |
Up to $1,000,000 |
Up to $400,000 |
| Profit Split |
Up to 90% |
Up to 90% |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
The Trading Pit |
Funding traders |
| Evaluation Structure |
Multi-tier system with Express (1-step), Standard (2-step), and Sprint models |
Two-phase evaluation with Challenge and Verification stages |
| Express/Quick Funding |
Express program with immediate funded account after one-time fee |
Express Challenge with faster evaluation timeline |
| Standard Path |
Two-phase evaluation with Challenge and Verification phases |
Traditional two-phase model with consistent profit targets |
| Accelerated Options |
Sprint program with expedited funding qualification |
Limited accelerated options compared to The Trading Pit |
| Account Reset Options |
Available with fee after violations |
Available with fee after violations |
Assessment Criteria – How can you pass the test?
|
| Criteria |
The Trading Pit |
Funding traders |
| Profit Target |
8-10% depending on program |
8-12% depending on account size |
| Maximum Drawdown |
5% daily, 10% overall |
5% daily, 10% overall |
| Minimum Trading Days |
5-10 days depending on program |
5 days minimum across phases |
| Time Limit |
No time limit for most programs |
No strict time limit, but inactive accounts may incur fees |
| Weekend Holding |
Allowed with some restrictions |
Allowed with position size limits |
| News Trading |
Allowed with risk management guidelines |
Allowed but with caution during major announcements |
| Trading Hours |
24/5 with some weekend restrictions |
24/5 with guidance on high volatility periods |
Fees and Pricing – How much will you pay?
|
| Option |
The Trading Pit |
Funding traders |
| $10,000 Account |
$99 (Express), $129 (Standard) |
$109 |
| $25,000 Account |
$149 (Express), $199 (Standard) |
$169 |
| $50,000 Account |
$199 (Express), $249 (Standard) |
$229 |
| $100,000 Account |
$299 (Express), $349 (Standard) |
$339 |
| $200,000+ Account |
$499-$999 depending on size |
$449-$899 depending on size |
| Reset Fee |
50% of initial fee |
40-60% of initial fee |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Feature |
The Trading Pit |
Funding traders |
| Trading Platforms |
MetaTrader 4, MetaTrader 5, cTrader |
MetaTrader 4, MetaTrader 5 |
| Custom Indicators |
Allowed with pre-approval |
Allowed with restrictions |
| EAs/Automated Trading |
Allowed with guidelines |
Limited allowance with strict monitoring |
| Mobile Trading |
Fully supported |
Fully supported |
| Dashboard/Analytics |
Comprehensive trader dashboard with metrics |
Basic trader portal with performance tracking |
| Educational Resources |
Extensive library with webinars and tutorials |
Growing library with trading guides |
Available Options/Products
|
| Feature |
The Trading Pit |
Funding traders |
| Forex Pairs |
50+ including exotics |
40+ major and minor pairs |
| Crypto Trading |
15+ cryptocurrency pairs |
10+ major cryptocurrencies |
| Indices |
Global indices coverage |
Major worldwide indices |
| Commodities |
Gold, silver, oil, and more |
Standard commodity selection |
| Stocks/CFDs |
Extensive selection of global stocks |
Limited stock offerings compared to The Trading Pit |
| Account Currencies |
USD, EUR, GBP |
USD, EUR |
Technical Capabilities/Performance
|
| Feature |
The Trading Pit |
Funding traders |
| Execution Speed |
Ultra-fast with institutional grade liquidity |
Fast execution with competitive spreads |
| Leverage Options |
Up to 1:100 depending on instrument |
Up to 1:100 with varying options |
| Scalping Allowance |
Fully allowed with proper risk management |
Allowed with monitoring |
| News Trading |
Permitted with risk guidelines |
Permitted but monitored during high impact events |
| Server Reliability |
Enterprise-grade infrastructure |
Reliable servers with occasional maintenance |
| Trade Reporting |
Detailed analytics and trade history |
Standard reporting features |
Trader Support & Community
|
| Feature |
The Trading Pit |
Funding traders |
| Customer Support |
24/5 via chat, email, and ticket system |
Business hours support via email and chat |
| Response Time |
Typically within 1-4 hours |
Usually within 12-24 hours |
| Community Forums |
Active Discord community with regular events |
Growing Discord presence |
| Educational Webinars |
Weekly educational content |
Monthly trader seminars |
| Mentorship Options |
Available for higher-tier accounts |
Limited coaching opportunities |
| Multilingual Support |
Multiple languages supported |
Primary focus on English support |
Payout Structure & Scaling
|
| Feature |
The Trading Pit |
Funding traders |
| Profit Split |
Starting at 70%, scaling to 90% |
Starting at 80%, scaling to 90% |
| Payout Frequency |
Bi-weekly or monthly options |
Monthly with accelerated options |
| Minimum Payout |
$100 |
$100 |
| Payout Methods |
Bank transfer, crypto, PayPal, Skrill |
Bank transfer, crypto, PayPal |
| Account Scaling |
Progressive scaling up to $1M |
Milestone-based scaling up to $400K |
| Processing Time |
2-5 business days |
3-7 business days |
Conclusion and Final Recommendation
|
| Key Element |
The Trading Pit |
Funding traders |
| Strengths |
Diverse program options, extensive instrument selection, high maximum funding potential, advanced platform options including cTrader, robust community support |
Competitive pricing, straightforward evaluation process, trader-friendly profit targets, good payout structure, solid basic infrastructure |
| Weaknesses |
Higher fees for premium programs, more complex evaluation structure for some models, stricter scaling requirements |
More limited maximum funding, fewer platform options, less comprehensive educational resources, slower customer support response |
| Best For |
Experienced traders seeking maximum capital potential, traders requiring diverse instrument access, those preferring program flexibility and advanced platform features |
Budget-conscious traders, beginners seeking straightforward evaluation processes, traders focused primarily on forex and major markets |
| Final Grade |
4.7/5 |
4.3/5 |
| Discount Codes |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
FAQ
What makes The Trading Pit popular among users?
The Trading Pit has gained popularity due to its flexible program structure that accommodates different trading styles, particularly its Express program that offers immediate funding after payment. Traders appreciate the extensive range of tradable instruments, including robust crypto and stock offerings. The high scaling potential up to $1,000,000 appeals to ambitious traders, while the comprehensive educational resources and active community provide valuable support. The multi-platform approach including MetaTrader 4, MetaTrader 5, and cTrader gives traders technological flexibility that many competitors don’t offer.
How does Funding traders differ from other similar organizations?
Funding traders distinguishes itself with a more streamlined and straightforward evaluation process compared to many competitors. Their pricing structure is particularly competitive, offering good value especially at mid-tier account levels. The firm maintains higher initial profit splits (starting at 80%) than many competitors, with a clear path to 90% profit sharing. Their evaluation criteria tend to be more achievable for developing traders, with reasonable profit targets and trading parameters. Additionally, their approach to trader violations is somewhat more forgiving, with affordable reset options and reasonable guidelines.
Which firm offers better support for algorithmic and EA trading?
The Trading Pit offers more comprehensive support for algorithmic trading and Expert Advisors. They provide clearer guidelines for automated strategies, accept a wider range of custom indicators, and their platform infrastructure (particularly through cTrader) is better optimized for algo deployment. While Funding traders allows some automated trading, their guidelines are more restrictive, their approval process more demanding, and they place greater emphasis on monitoring EA performance. Traders focused on algorithmic strategies would generally find The Trading Pit’s ecosystem more accommodating for systematic approaches.
How do the evaluation time requirements compare between these firms?
Both firms have moved away from strict time limits that were common in the industry. The Trading Pit requires 5-10 minimum trading days depending on the selected program, with no maximum time constraint to achieve targets. Their Express program has the lowest minimum trading day requirement. Funding traders similarly requires a minimum of 5 trading days across their evaluation phases, without imposing strict deadlines for completion. However, Funding traders does have an account inactivity policy that may result in fees if accounts remain dormant for extended periods, whereas The Trading Pit is more flexible regarding trading frequency after meeting minimum requirements.
Which firm is better for beginning prop traders?
For beginning prop traders, Funding traders generally offers a more accessible entry point. Their evaluation structure is more straightforward with clearly defined phases and consistent metrics across account sizes. Their pricing is more budget-friendly, particularly for smaller account sizes, making initial investment less risky. Their profit targets and trading parameters tend to be slightly more achievable for developing traders. Additionally, their reset policies are typically more forgiving of beginner mistakes. While The Trading Pit offers excellent resources and support, its diverse program options and more sophisticated features may present a steeper learning curve for complete beginners.
How was this 2 companies Comparison Created?
1. We Collect
Our comprehensive comparison begins with systematic data collection from multiple authoritative sources. We analyze official information from The Trading Pit and Funding traders websites, including program specifications, fee structures, and official policies. We supplement this with verified user reviews from Trustpilot, trading forums, and social media communities. Additionally, we consult industry publications, interview current and former traders from both firms, and monitor community discussions to capture real-world experiences and sentiment.
2. We Examine
All collected information undergoes rigorous verification by our team of financial industry experts and professional traders. We cross-reference claims against multiple sources to ensure accuracy, eliminating promotional bias and unsubstantiated assertions. Our analysts create test accounts where possible to verify user experiences firsthand. We give particular attention to evolving policies, fee structures, and trader experiences over time to identify consistent patterns rather than isolated incidents, ensuring our assessments reflect current operations.
3. We Score
Our proprietary scoring methodology evaluates each prop firm across 15 critical dimensions including program structure, pricing value, platform capabilities, instrument selection, evaluation criteria, scaling potential, profit splits, payout reliability, customer support quality, educational resources, community engagement, technological infrastructure, transparency, trader satisfaction, and long-term viability. Each category receives a weighted score based on importance to different trader profiles. These scores are aggregated into an overall rating that balances objective metrics with subjective trader experience factors.
4. You Choose
This comparison serves as a comprehensive but personalized decision-making tool. Consider which factors matter most for your trading style, experience level, and financial goals. The Trading Pit may better serve experienced traders seeking maximum capital and advanced features, while Funding traders might better suit beginners or those preferring straightforward evaluation processes with competitive pricing. Examine the specific metrics most relevant to your trading approach, and potentially reach out to both firms with specific questions about your unique situation before making your final decision.
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