Funded Pro Trader – Firm Review
- Fast capital access after evaluation
- Swift payment processing guaranteed
- Experienced team supports your journey
- Trade multiple assets flexibly
- Competitive scaling opportunities await traders
Company Overview
Funded Pro Trader is a modern proprietary trading firm offering funded account opportunities to traders worldwide. Established with the mission to provide accessible capital for skilled traders, they’ve developed a structured evaluation process designed to identify disciplined and profitable trading strategies. Their two-phase challenge model (Challenge and Verification) allows traders to prove their skills before accessing funded accounts with real capital.
What distinguishes Funded Pro Trader is their focus on creating sustainable trading partnerships through realistic trading rules, competitive profit splits, and diverse account options. The firm offers multiple account sizes ranging from $10,000 to $200,000, catering to both developing and experienced traders. With support for multiple trading platforms and markets, including forex, indices, commodities, and cryptocurrencies, Funded Pro Trader provides a comprehensive environment for traders seeking institutional backing without risking personal capital.
Key Features at a Glance
Challenge Fees
- $10,000 Account – $99 one-time fee for Standard Challenge, $109 for Professional Challenge
- $25,000 Account – $199 one-time fee for Standard Challenge, $219 for Professional Challenge
- $50,000 Account – $299 one-time fee for Standard Challenge, $319 for Professional Challenge
- $100,000 Account – $499 one-time fee for Standard Challenge, $539 for Professional Challenge
- $200,000 Account – $799 one-time fee for Standard Challenge, $869 for Professional Challenge
Account Types
- Standard Challenge: Balanced approach with modest profit targets (8% in Challenge, 5% in Verification) and standard drawdown limits
- Professional Challenge: Designed for experienced traders with slightly higher profit targets (10% in Challenge, 5% in Verification) but more flexible trading parameters
- Funded Account: Live trading account received after successfully passing both Challenge and Verification phases
Profit Split Options
- Standard Profit Split: 80/20 split (80% to trader, 20% to Funded Pro Trader)
- Scaling Plan: Up to 90/10 profit split based on consistent performance and account growth
- Monthly Payouts: Regular profit distributions with simple withdrawal process
Account Sizes
- $10,000: Entry-level account ideal for beginners with lower challenge fee
- $25,000: Mid-size account offering balance between capital and risk management
- $50,000: Popular option for experienced traders seeking substantial capital
- $100,000: Advanced account size for professional-level trading strategies
- $200,000: Maximum account size for established traders with proven track records
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform offering comprehensive charting tools and technical indicators
- MetaTrader 5 (MT5): Advanced next-generation platform with enhanced features and multi-asset trading capability
- cTrader: Modern platform with advanced execution and depth of market visibility
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock market indices including US30, S&P 500, NASDAQ, and international markets
- Commodities: Energy, metals, and agricultural products including gold, silver, oil, and natural gas
- Cryptocurrencies: Major digital assets including Bitcoin, Ethereum, and other popular cryptocurrencies
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 10 days | 10 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 10% | 5% |
| Daily Drawdown | 6% | 6% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 10 days | 10 days |
Challenge Specifications
- Max Allocation: Up to $200,000 initial capital with potential scaling opportunities
- Scaling: Account size can be doubled after consistent performance metrics are achieved over 4 consecutive months
- Trading Competitions: Monthly performance contests with cash prizes and account upgrades for top performers
- Free Trial: 7-day demo access to experience trading conditions before committing to a challenge
- Profit Targets: Standard Challenge (8% Phase 1, 5% Phase 2), Professional Challenge (10% Phase 1, 5% Phase 2)
- Drawdown Structure:
- Daily: 5% in Standard Challenge, 6% in Professional Challenge (calculated from account balance at day start)
- Maximum: 10% in Standard Challenge, 12% in Professional Challenge (calculated from initial account balance)
- Trailing: Not implemented – fixed drawdown calculations based on starting balances
Trading Rules and Requirements
- No overnight holding restrictions on most instruments (cryptocurrencies may have specific limitations)
- No weekend holding restrictions, allowing positions over Saturday and Sunday
- News trading is permitted with appropriate risk management
- No minimum trading day requirements in funded accounts (10 minimum trading days during challenge phases)
- Maximum leverage of 1:100 for forex pairs, 1:20 for indices, 1:10 for commodities
- Prohibited strategies include: arbitrage, grid trading without stop-losses, excessive scalping (holding positions less than 1 minute)
- Maximum position size limited to 5% of account balance for standard accounts
- Must maintain maximum correlation of 70% between trading accounts
Company Information
- Registered business entity operating under financial regulations
- Founded in 2019 by a team of professional traders and financial experts
- 24/5 customer support via live chat, email, and phone
- Educational resources including webinars, trading guides, and market analysis
- Active trader community with over 10,000 members worldwide
- Regular system updates and platform improvements based on trader feedback
Payout Methods
- Bank Transfer (3-5 business days)
- PayPal (1-2 business days)
- Skrill (1-2 business days)
- Cryptocurrency (Bitcoin, Ethereum) (Same day processing)
- Wise Transfer (2-3 business days)
Trading Commissions
- Forex: $5 per lot round turn ($2.5 per side)
- Indices: $4 per lot round turn ($2 per side)
- Commodities: $6 per lot round turn ($3 per side)
- Cryptocurrencies: 0.1% of transaction value
- No hidden fees or additional charges beyond standard commissions
IP Rules
- Traders may connect from up to 3 different IP addresses without prior approval
- VPN usage is permitted but must be declared in advance
- Mobile trading allowed from multiple locations without restrictions
- Travel plans should be communicated to support if trading from significantly different locations
- Multiple account access from same IP is permitted for household members (with verification)
Video Review
Funded Pro Trader Review
Comprehensive review of Funded Pro Trader trading services
Unique Features
Trading Flexibility
- No time limits for challenge completion, allowing methodical trading approaches
- Overnight and weekend position holding allowed on most instruments
- News trading permitted with appropriate risk management
- Multiple trading styles supported (day trading, swing trading, position trading)
Trader Support
- Personalized performance analytics dashboard for account tracking
- Trading community with shared strategies and insights
- Regular educational webinars and market analysis
- Mentorship opportunities with professional traders
Why Choose Funded Pro Trader?
Funded Pro Trader stands out in the competitive prop firm landscape by offering a balanced combination of trader-friendly conditions and robust risk management practices. Their approach focuses on identifying and nurturing sustainable trading talent rather than just collecting challenge fees.
Key advantages include:
- No time limits on challenge completion, allowing for patient trading strategies
- Competitive 80/20 profit split with scaling potential up to 90/10
- Multiple account sizes from $10,000 to $200,000 to suit different experience levels
- Flexible trading conditions including overnight positions and news trading
- Responsive customer support with dedicated account managers for funded traders
- Transparent fee structure with no hidden costs or charges
- Regular profit distributions with multiple payment options
Frequently Asked Questions
How long does it take to get funded?
Receiving a funded account depends entirely on your trading performance. Since there are no time limits on the Challenge and Verification phases, you can proceed at your own pace. Typically, successful traders complete both phases in 1-3 months. Once you achieve the profit targets while respecting drawdown limits and complete the minimum trading days requirement, you’ll receive your funded account within 1-3 business days after verification phase completion.
Can I hold positions over the weekend?
Yes, Funded Pro Trader allows weekend position holding for most instruments. This provides flexibility for swing traders and longer-term strategies. However, be aware that weekend gaps can impact your drawdown calculations, so proper position sizing is essential. For cryptocurrency pairs, specific weekend trading rules may apply due to increased volatility. Check the detailed trading guidelines or contact support for instrument-specific information.
What happens if I break a rule?
Rule violations are handled on a case-by-case basis. Minor violations typically result in a warning, while serious infractions like exceeding maximum position sizes or manipulating trading conditions may lead to account termination. If you’re unsure about a specific trading approach, it’s best to contact support beforehand. Funded Pro Trader offers a 3-strike policy for minor violations before account termination, demonstrating their commitment to reasonable enforcement rather than looking for reasons to disqualify traders.
Can I trade news events?
Yes, news trading is permitted at Funded Pro Trader. Unlike many prop firms that restrict trading around major economic announcements, you can implement news-based strategies. However, you must still adhere to the maximum position size and drawdown rules. The platform provides an economic calendar marking high-impact events, and while you’re free to trade these events, proper risk management is strongly recommended given the increased volatility that typically surrounds major economic news releases.
How often can I withdraw profits?
Profit withdrawals are processed on a monthly basis. Once you have a funded account, profits are calculated at the end of each calendar month, with withdrawals processed within the first week of the following month. There is no minimum withdrawal amount, and you can choose to withdraw all available profits or leave some in your account for compound growth. The chosen payment method affects processing time, with cryptocurrency being the fastest option (same day) and bank transfers taking 3-5 business days.
