The Trading Pit vs The Funded Trader: Elite Prop Firms Comparison
Introduction
The Trading Pit and The Funded Trader are two prominent prop trading firms offering traders access to funded accounts after completing evaluation challenges. The Trading Pit stands out with its fast-track evaluation process and diverse account options, earning a solid reputation for transparency and trader support. Meanwhile, The Funded Trader has gained popularity for its competitive profit splits and simplified evaluation metrics, making it accessible to traders of various experience levels. On Trustpilot, The Trading Pit maintains a 4.2/5 rating from 400+ reviews, while The Funded Trader scores 4.5/5 from 1,100+ reviews, reflecting strong trader satisfaction with both firms.
Quick Comparison
|
| Feature |
The Trading Pit |
The Funded Trader |
|
 |
|
| Founded |
2022 |
2021 |
| Trustpilot Rating |
4.2/5 (400+ reviews) |
4.5/5 (1,100+ reviews) |
| Profit Split |
Up to 85% |
Up to 90% |
| Maximum Account Size |
$400,000 |
$200,000 |
| Evaluation Phases |
2-phase or Express (1-phase) |
2-phase model |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
The trading pit |
The funded Trader |
| Standard Evaluation |
2-phase Challenge and Verification with defined trading objectives |
2-phase Evaluation and Verification process with profit targets |
| Express/Fast-Track Option |
Express Challenge (single phase) available for experienced traders |
Not offered – all traders follow the same 2-phase model |
| Scaling Opportunities |
Consistent Trader Program with up to 2x account size increases |
Rapid Account Growth program with up to 25% account increases |
| Account Types |
Normal, Swing, Aggressive account types with different parameters |
Standard accounts with uniform rules across all account sizes |
| Proprietary Direct Funding |
Available for proven professional traders |
Not currently offered |
Assessment Criteria – How can you pass the test?
|
| Criteria |
The trading pit |
The funded Trader |
| Profit Target |
8% for Challenge, 5% for Verification |
10% for Phase 1, 5% for Phase 2 |
| Time Limit |
No time limit for either phase |
No time limit for either phase |
| Daily Drawdown |
5% (varies by account type) |
5% from account balance |
| Maximum Drawdown |
10% (varies by account type) |
10% from initial balance |
| Minimum Trading Days |
5 days per phase |
5 days in Phase 1, 3 days in Phase 2 |
| Trading Hours |
Unrestricted – 24/5 trading allowed |
Unrestricted – 24/5 trading allowed |
| News Trading |
Allowed with restrictions |
Allowed with proper risk management |
Fees and Pricing – How much will you pay?
|
| Option |
The trading pit |
The funded Trader |
| $10,000 Account |
$99 |
$85 |
| $25,000 Account |
$199 |
$155 |
| $50,000 Account |
$249 |
$209 |
| $100,000 Account |
$349 |
$309 |
| $200,000 Account |
$599 |
$559 |
| Refund Policy |
Full refund if first phase is passed |
No refund policy |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Feature |
The trading pit |
The funded Trader |
| Supported Platforms |
MetaTrader 4 & 5, cTrader |
MetaTrader 4 & 5 |
| Mobile Trading |
Available through platform mobile apps |
Available through platform mobile apps |
| Performance Dashboard |
Comprehensive trader statistics and metrics |
Detailed performance tracking interface |
| Trade Analytics |
Advanced trading statistics and insights |
Basic performance metrics with visual data |
| Demo Account |
Not offered |
Not offered |
Available Trading Options – What can you trade?
|
| Option |
The trading pit |
The funded Trader |
| Forex |
Available (28+ pairs) |
Available (30+ pairs) |
| Indices |
Available (major global indices) |
Available (US and global indices) |
| Commodities |
Available (gold, silver, oil, natural gas, etc.) |
Available (gold, silver, oil, etc.) |
| Crypto |
Limited selection |
Available (major cryptocurrencies) |
| Stocks/Equities |
Not available |
Limited selection |
| Position Holding |
Overnight and weekend holding allowed |
Overnight and weekend holding allowed |
Trader Support & Education
|
| Feature |
The trading pit |
The funded Trader |
| Support Channels |
Email, live chat, Discord community |
Email, ticket system, Discord community |
| Educational Resources |
Trading guides, webinars, blog content |
Comprehensive learning hub, webinars, trader interviews |
| Community |
Active Discord server with trader discussions |
Large Discord community with mentoring channels |
| Mentoring |
Limited direct mentoring options |
Community-based mentoring and support |
| Response Time |
Typically within 24 hours |
24-48 hour response window |
Payout Structure & Conditions
|
| Feature |
The trading pit |
The funded Trader |
| Initial Profit Split |
Starting at 70% |
Starting at 80% |
| Maximum Profit Split |
Up to 85% for consistent performers |
Up to 90% through consistency program |
| Payout Frequency |
Bi-weekly payouts available |
Monthly payouts |
| Minimum Payout |
$100 |
$100 |
| Payout Methods |
Bank transfer, Bitcoin, Skrill |
Bank transfer, Bitcoin, PayPal |
| Consistency Bonuses |
Available through Consistent Trader Program |
Available through Rapid Account Growth |
Conclusion and Final Recommendation
|
| Key Element |
The trading pit |
The funded Trader |
| Strengths |
Express challenge option (1-phase), flexible account types, high maximum account size ($400K), refundable fee structure |
Higher profit splits (up to 90%), lower entry costs, stronger community support, more educational resources |
| Weaknesses |
Higher initial challenge costs, less educational content, fewer platform options |
Lower maximum account size ($200K), no express option, no refund policy |
| Best For |
Experienced traders seeking larger account sizes and flexible trading parameters with customizable account types |
Traders seeking higher profit splits, stronger community support, and a more accessible evaluation process |
| Final Grade |
4.3/5 |
4.5/5 |
| 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 primarily due to its Express Challenge option that allows experienced traders to skip the traditional two-phase evaluation process. Traders also appreciate its diverse account types (Normal, Swing, and Aggressive) that accommodate different trading styles, along with its high maximum account sizes of up to $400,000. The full refund policy upon successfully passing the first phase is another significant attraction point, effectively making the challenge “risk-free” for successful traders.
How does The funded Trader differ from other similar organizations?
The Funded Trader distinguishes itself with its exceptionally high profit splits (up to 90%), which are among the best in the industry. Their evaluation process is also known for being straightforward and trader-friendly, with clear metrics and reasonable profit targets. The firm has built a particularly strong community aspect with an active Discord server that provides substantial peer support and knowledge sharing. Additionally, their pricing is generally more competitive than many competitors, with lower entry costs for evaluation challenges.
Which firm offers better scaling opportunities for funded traders?
Both firms offer account scaling, but with different approaches. The Trading Pit’s Consistent Trader Program allows for account size increases of up to 2x the original size based on consistent performance over time. The Funded Trader offers a Rapid Account Growth program that provides incremental account increases of up to 25% at a time. For traders seeking dramatic scaling, The Trading Pit’s potential 2x increase may be more appealing, while The Funded Trader’s approach offers more frequent but smaller growth opportunities. The right choice depends on individual trading performance and growth preferences.
Are the evaluation challenges at these firms actually passable?
Yes, both firms have designed passable challenges, as evidenced by their many successful funded traders. The Trading Pit’s 8% profit target for the Challenge and 5% for Verification with a 10% maximum drawdown is considered achievable for disciplined traders. Similarly, The Funded Trader’s 10% Phase 1 and 5% Phase 2 targets with the same drawdown limits are reasonable. Both firms avoid implementing overly restrictive rules that would make passing impossible, as their business models rely on having successful funded traders generating profits. The key to success is disciplined risk management rather than aggressive trading.
Which firm is better for beginner traders?
The Funded Trader generally offers a more beginner-friendly environment due to several factors: a more active and supportive community for learning, more comprehensive educational resources, slightly lower entry costs, and a straightforward evaluation process with uniform rules across all account sizes. The Trading Pit, with its multiple account types and parameters, can be more complex for newcomers to navigate. However, beginners should recognize that both firms require genuine trading skill to pass their evaluations, and neither is truly “easy” for those without proper trading experience and knowledge.
How was this 2 companies Comparison Created?
1. We Collect
Our team gathered comprehensive data directly from The Trading Pit and The Funded Trader’s official websites, terms of service, and publicly available resources. Additionally, we analyzed hundreds of verified user reviews from Trustpilot, conducted interviews with current funded traders from both firms, and consulted industry forums for community feedback. We also maintained direct communication with representatives from both companies to verify information accuracy and stay updated on recent policy changes.
2. We Examine
All collected information underwent thorough verification by our team of experienced prop trading analysts and professional traders. We cross-referenced company claims with actual trader experiences, verified pricing structures against current offerings, and tested the user interfaces where possible. Our experts carefully evaluated the real-world application of each firm’s rules and requirements, focusing on practical aspects that impact trader success rather than just marketing promises.
3. We Score
Our scoring methodology employs a weighted evaluation system that prioritizes the factors most important to traders’ success. We assign point values across multiple categories including pricing transparency (15%), evaluation fairness (20%), profit split competitiveness (15%), platform reliability (10%), trader support quality (15%), educational resources (10%), scaling opportunities (10%), and payout reliability (15%). These scores are aggregated to generate the final ratings, with additional qualitative assessments informing our recommendations.
4. You Choose
Use this comparison as your starting point, but consider your personal trading style, experience level, and financial goals when making your decision. The “best” prop firm varies based on individual needs. Aggressive day traders might prefer The Trading Pit’s Express Challenge, while those seeking community support might favor The Funded Trader. Consider starting with smaller account sizes to test each firm’s processes before committing to larger investments. Remember that prop firm success ultimately depends on your trading discipline and skill—choose the environment that best complements your trading approach.
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