Funding Traders Review

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9.3
Expert ScoreRead review
  • Global marketplace for finance pros
  • Fast capital access for traders
  • Expert mentoring from seasoned professionals
  • Risk-free investment opportunity available
  • Streamlined platform with powerful tools
9.3Expert Score
Funding traders
FundingTraders offers a compelling prop trading opportunity for aspiring traders. Their evaluation process is straightforward with reasonable profit targets. While their fee structure is competitive, some users report inconsistent platform performance. Overall, they provide good educational resources and responsive customer support, making them a solid choice for traders seeking funding without significant capital.
OVERALL SCORE
9.3
PROS
  • Customized capital allocation strategies
  • Unparalleled trader support resources
  • Flexible scaling opportunities
  • Transparent profit sharing terms
  • Rapid funding approval process
  • Global trading community access
  • Advanced analytics for performance
CONS
  • Fee structure may be excessive
  • Strict trading rules and limitations
  • High profit target requirements
  • Risk of losing capital investment
  • Slow withdrawal process

Company Overview

Funding Traders is an innovative proprietary trading firm designed to empower traders by providing funded trading accounts. Founded on the principle that talent should not be limited by capital, Funding Traders offers a comprehensive evaluation process to identify skilled traders and back them with substantial trading capital. Their two-phase challenge model (Challenge and Verification) allows traders to demonstrate consistent profitability before accessing funded accounts. With competitive profit splits ranging from 70% to 90%, Funding Traders has positioned itself as a trader-friendly option in the prop firm landscape. The company supports multiple financial markets including forex, commodities, indices, and cryptocurrencies, giving traders flexibility to operate in their preferred environments. Their transparent rules, reasonable drawdown limits, and responsive customer service make them particularly appealing to both novice and experienced traders looking to scale their trading careers.

Key Features at a Glance

Challenge Fees

  • $99 for $10,000 account – Entry-level option for new traders testing their strategies
  • $199 for $25,000 account – Mid-tier option with balanced capital and risk potential
  • $299 for $50,000 account – Popular choice for experienced traders with proven strategies
  • $499 for $100,000 account – Professional-level account for high-performance traders
  • $999 for $200,000 account – Premium option for elite traders seeking maximum capital

Account Types

  • Standard Challenge: Two-phase evaluation with 8% profit target and traditional drawdown limits
  • Professional Challenge: Advanced program with 12% profit target designed for experienced traders
  • Funded Account: Live trading account with real capital after successful challenge completion
  • Scaling Account: Opportunity to increase account size based on consistent performance

Profit Split Options

  • 80/20 Split: Standard profit-sharing model with 80% for traders and 20% for Funding Traders
  • Scaling Split: Increases to 85/15 after three consistent profitable months
  • Loyalty Split: 90/10 for traders who maintain funded accounts for over 6 months
  • Consistency Bonus: Additional 5% for traders who meet monthly targets for 3 consecutive months

Video Review

Account Sizes

  • $10,000: Beginner-friendly option with lower risk and proportionate profit potential
  • $25,000: Intermediate account size balancing risk and reward
  • $50,000: Professional-level account for traders with established strategies
  • $100,000: Advanced account for experienced traders seeking higher profit potential
  • $200,000: Premium account for elite traders with proven track records

Trading Platforms

  • MetaTrader 4: Industry-standard platform with robust charting tools and automated trading capabilities
  • MetaTrader 5: Advanced platform with enhanced features, multi-asset trading, and improved backtesting
  • cTrader: Modern platform offering deep market analysis, advanced order types, and level II pricing
  • TradingView Integration: Compatibility with popular charting platform for enhanced technical analysis

Financial Markets

  • Forex: Major, minor, and exotic currency pairs with competitive spreads
  • Indices: Global stock indices including S&P 500, NASDAQ, FTSE, DAX, and more
  • Commodities: Energy, metals, and agricultural products including gold, silver, oil, and natural gas
  • Cryptocurrencies: Major digital assets including Bitcoin, Ethereum, and other top altcoins
  • Stocks: Selected US and international equities for diversified trading opportunities


JoinProp Global marketplace for finance pros Fast capital access for traders Expert mentoring from seasoned professionals Risk-free investment opportunity available Streamlined platform with powerful tools

 

Challenge Programs Detail

Standard Challenge

Feature Challenge Phase Verification Phase
Duration 30 days 60 days
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 45 days 45 days
Profit Target 12% 8%
Daily Drawdown 4% 4%
Maximum Drawdown 8% 8%
Minimum Trading Days 15 days 15 days

Challenge Specifications

  • Max Allocation: Up to $200,000 initial funding with potential to scale to $1,000,000
  • Scaling: Accounts can be scaled by 25% after every 3 months of consistent profitability
  • Trading Competitions: Monthly challenges with additional cash prizes for top-performing traders
  • Free Trial: 7-day demo challenge available for new users to test the platform
  • Profit Targets: Range from 5-12% depending on challenge type and phase
  • Drawdown Structure:
    • Daily: 4-5% maximum allowed loss in a single trading day
    • Maximum: 8-10% total account drawdown limit
    • Trailing: Implemented after profit target is reached to protect gains

Trading Rules and Requirements

  • No overnight holding of positions during high-impact news events
  • Maximum allowed leverage of 1:100 on all accounts
  • No hedging allowed on the same instrument (cannot have simultaneous buy and sell orders)
  • Maximum position size limited to 5% of account equity
  • Minimum 10 trading days required in each phase
  • Stop-loss orders required on all positions
  • No trading during non-market hours or on illiquid instruments
  • No use of prohibited Expert Advisors or automated strategies

Company Information

  • Founded in 2019 by a team of professional traders and fintech specialists
  • Headquarters located in London, UK with satellite offices in Singapore and New York
  • Regulated by the Financial Conduct Authority (FCA)
  • Partnered with major liquidity providers for competitive spreads and execution
  • 24/5 customer support available via live chat, email, and phone
  • Community of over 50,000 traders globally

Payout Methods

  • Bank Wire Transfer (3-5 business days)
  • PayPal (1-2 business days)
  • Skrill (24-48 hours)
  • Cryptocurrency (Bitcoin, Ethereum) (1-24 hours)
  • Wise/TransferWise (2-3 business days)

Trading Commissions

  • Forex pairs: $5 per standard lot round turn
  • Indices: $6 per standard lot round turn
  • Commodities: Variable commission structure based on instrument
  • Cryptocurrencies: 0.1% of trade value
  • No hidden fees or markup on spreads
  • All costs transparently displayed in the trading platform

IP Rules

  • VPN usage allowed but must be declared before account activation
  • Multiple traders from same household must register separate accounts
  • Maximum of 2 IP addresses permitted per account
  • Login from new location requires verification through email confirmation
  • Travel notification required when trading from different countries

Unique Features

Trading Technology

  • Advanced trade analytics dashboard for performance monitoring
  • Real-time trade feedback system with AI-powered suggestions
  • Custom indicators exclusive to Funding Traders clients
  • High-speed execution with minimal slippage

Educational Resources

  • Weekly webinars with professional traders
  • Comprehensive video course library included with funded accounts
  • One-on-one coaching sessions available for challenge participants
  • Community forums for strategy sharing and discussion

Account Benefits

  • Reset option available once per challenge for 50% of original fee
  • Accelerated funding program for traders with proven track records
  • Bi-weekly payouts for consistently profitable traders
  • Account insurance to protect against technical issues

Why Choose Funding Traders?

Funding Traders stands out in the competitive prop firm landscape by combining reasonable challenge requirements with trader-friendly policies and exceptional support. Their focus on sustainable trading practices rather than overly aggressive targets makes them suitable for both new and experienced traders.

Key advantages include:

  • Transparent fee structure with no hidden costs
  • Generous profit split starting at 80% and scaling to 90%
  • Multiple challenge options designed for different trading styles
  • Fast verification and funding process compared to industry standards
  • Dedicated account managers for funded traders
  • Comprehensive educational resources and community support
  • Scaling program allowing traders to grow capital over time
  • Bi-weekly payout options with multiple payment methods

Frequently Asked Questions

How long does it take to get funded?

The entire process typically takes 2-3 months from starting the challenge to receiving a funded account. This includes approximately 30 days for the initial challenge phase and 60 days for the verification phase. However, traders who demonstrate exceptional skill can complete the process faster by reaching profit targets earlier. Once all requirements are met, the funded account is typically set up within 1-3 business days.

Can I hold positions over the weekend?

Yes, Funding Traders allows positions to be held over weekends for most instruments. However, there are restrictions during major economic announcements and specific high-impact news events. Additionally, holding crypto positions over weekends may be subject to higher margin requirements due to increased volatility. It’s always recommended to manage risk appropriately when holding weekend positions and be aware of gap risk when markets reopen.

What happens if I break a rule?

Consequences depend on the severity of the rule violation. Minor infractions typically result in a warning, while serious violations like exceeding maximum drawdown limits will immediately fail the challenge. In funded accounts, rule violations can result in profit reduction, temporary account suspension, or termination in severe cases. Funding Traders has a three-strike policy for most rules, except those related to maximum drawdown and prohibited trading strategies which have zero tolerance.

Can I trade news events?

Yes, trading during news events is permitted with certain restrictions. High-impact economic releases like Non-Farm Payrolls, FOMC announcements, or central bank rate decisions require reduced position sizing (maximum 2% of account equity). Additionally, stop-loss orders are mandatory when trading during volatile news periods. Funding Traders provides an economic calendar highlighting restricted events, and traders are expected to exercise caution during these times.

How often can I withdraw profits?

Profit withdrawals are processed bi-weekly for all funded traders. The minimum withdrawal amount is $100, and there is no maximum limit. Traders must maintain their account balance above the initial funded amount after withdrawals. For consistent performers (profitable for 3+ consecutive months), weekly withdrawal options become available. Processing times vary by payment method, ranging from 24 hours for cryptocurrency withdrawals to 3-5 business days for bank transfers.

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