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Funding Traders 2025 Review

Funding Traders

Funding Traders

www.fundingtraders.com

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    Updated:

  • Leverage: 1:100

  • Regulation: UAE

  • Min. Deposit: $50

  • HQ: UAE

  • Platforms: MT5, MT4

  • Found in: 2023

Funding Traders Licenses:

  • Funding Traders - registered in UAE company number 8839141.

 

Top 3 Forex Brokers

  1. What is Funding Traders?
  2. Funding Traders Pros Cons
  3. Is Funding Traders Legit?
  4. Funding Traders Challenge
  5. Funded Account
  6. Account Conditions
  7. Payout
  8. Funding Traders Alternative

Our Review Method

  • With more than 15 years of trading expertise, the financial experts at 55Brokers meticulously examine and validate the offerings of proprietary trading firms. They thoroughly assess the challenges required to qualify as a Funded Trader to provide an informed evaluation of Funding Traders and their reliability.

What is Funding Traders?

Funding Traders, founded in 2023, is a proprietary trading company aimed at enabling aspiring traders to thrive by equipping them with essential capital. Their comprehensive offerings encompass access to trading funds, cutting-edge tools, educational resources with practical tips for funded account traders, and a nurturing community. Funding Traders programs cater to traders adept at navigating various markets, including Forex, indices, stocks, metals, and cryptocurrencies.

  • For those considering Funding Traders, it’s worth noting that the firm offers a clear pathway in the forex market, emphasizing risk management and providing access to substantial capital. The firm’s competitive terms and flexible trading rules are designed to cater to both novice and skilled funded traders, aiming to maximize their trading potential and profitability

Becoming a Funded Trader entails trading with company funds rather than personal capital. Traders simply need to pass a test or challenge to qualify for a funded account, enabling them to trade as professional traders using a company account. Explore more about proprietary trading here. However, it’s crucial to review our funding details below as there are important risk factors to consider before getting involved.

How Much Do Funded Traders Make?

The amount funded traders make varies widely based on their trading performance, the size of their funded account, and the profit-sharing agreement with the prop firm. Profits can range from a few hundred to tens of thousands of dollars per month, heavily influenced by the trader’s skill, risk management, and market conditions.

Funding Traders AdvantagesFunding Traders Disadvantages
High profit split up to 100% Lack of Regulation
Zero commissions on challenge accountsDifficult to become a funded traders
No swap feesRestrictions on trading around news events
Low Registration FeeNo Alternative Platforms
MT5 and MT4 with EAs
Refundable Fee
Good range of Challenge Models
Funding Traders Website

Is Funding Traders Legit?

Based on the information available, Funding Traders is considered legitimate, it operates within the UAE known for its stringent regulatory environment and reputable financial framework. The firm is designed to support traders by providing them with the necessary capital, tools, knowledge, and a supportive community to succeed in trading.

The prop firm has received positive reviews for its payout policies, community support, and innovative approach to prop trading. It has a customer review score of 4.9/5 on TrustPilot, highlighting the firm’s legitimacy and the satisfaction of its traders.

  • In contrast to Forex Brokers, Prop Trading firms generally operate without a Forex Broker license, resulting in lower levels of regulation and oversight by industry authorities. Consequently, they may not offer the highest level of safety. Prop trading firms independently manage their operations and provide funds for trading activities. Therefore, it’s essential to thoroughly understand all associated risks before engaging with them.

Is Funding Traders Scam?

After reviewing the official website, we found no indication that Funding Traders is a scam. However, given that Prop Trading Firms operate with minimal regulation from financial authorities, it’s challenging to definitively determine the firm’s legitimacy.

Our recommendation is to thoroughly educate yourself about Prop Trading, grasp its risks, and opt for a reputable company with a longstanding presence for stability. While the financial commitment typically involves minimal investment beyond subscription fees, losses remain relatively low compared to direct trading with personal funds.

Funding Traders Evaluation Rules

The focal point of our funding traders Review lies in understanding how the evaluation challenge is structured and the prerequisites for participating in the trading challenges. This encompasses the nature of the tests required to qualify for a Funded Trading Account and assume the role of a Proprietary Trader, as well as the associated costs typically linked to registration fees.

  • Funding Traders operates on a challenge-based model where traders must complete a challenge to prove their trading strategies and risk management skills. They offer both 1-step and 2-step challenges, with specific profit targets and drawdown limits. Successful completion of these challenges leads to funding, with the potential for traders to access up to $2,000,000 in capital for their trading activities.

Account Balance and Registration Fee

Prior to initiating the Funding Traders login process, you must first choose the model and account balance for which you aim to qualify. The conditions of the challenge vary slightly depending on the size you select. Additionally, this choice impacts the registration fee you’re required to pay to the company to partake in the challenge. However, Funding Traders provides a refund of the fee upon achieving the status of a Funded Trader.

  • The firm offers various account sizes ranging from $5,000 to $200,000, with entrance fees starting at $50 up to $1,000, depending on the account size you choose. They emphasize building a community among traders and offer profit-sharing up to 100%, allowing traders to keep a significant portion of the profits they generate
  • The potential earnings also depend on the size of the funded account. A larger account allows for larger positions, which can lead to higher profits (or losses).
  • As per the insights shared by Funding Traders, traders can potentially earn from $2,000 per month to well over $20,000 per month, depending on various factors such as experience level, risk tolerance, and trading strategy​​​​​​. However, it’s crucial to remember that these figures can fluctuate significantly based on market conditions and individual trading performance.
FeesFunding Traders FTMOThe Funded Trader
Minimum Account Size$5,000$10,000$50,000
Fee $50€155$289
Maximum Account Size$200,000$200,000$400,000
Fee$1000€1 080$1,869
Reset or Test RetakeYesYesYes
Is Fee Refundable?YesYesYes

Profit Target

Throughout the evaluation process, traders are tasked with meeting predetermined profit objectives while adhering to maximum drawdown constraints. In a 1-step challenge, the profit target typically hovers around 10%. In contrast, a 2-step challenge entails achieving a 10% profit target in phase 1.

Maximum Loss

Funding Traders’ maximum loss policy varies depending on the specific evaluation challenge a trader participates in. Generally, for the 1-step evaluation challenge, the firm sets a maximum daily drawdown limit of 4% and an overall drawdown limit of 5% based on the initial account balance.

For the 2-step challenge, the conditions are a bit different, with the overall drawdown limit being higher. In the first phase of a 2-step challenge, the trader faces a daily drawdown of 5% and an overall drawdown of 10%, static on balance, meaning it does not adjust with the account’s equity but is based on the initial account size​

  • It’s crucial for traders to adhere to these risk management rules to prevent disqualification from the challenge. These drawdown limits are designed to protect both the trader and the firm from significant losses and encourage sound risk management practices. For the most accurate and up-to-date information on maximum loss limits and other evaluation criteria, it’s best to consult directly with Funding Traders’ official documentation or contact their support team.

Minimum Trading Period

The minimum trading period for traders participating in Funding Traders’ evaluation challenges varies, but generally, traders are expected to trade for a minimum of 1 day before they can qualify for a payout.

The detailed table with Funding Traders Challenge conditions based on Account Size:

Funding Traders Evaluation

Free Trial

Based on our research Funding Traders does not offer a free trial for their evaluation challenges or trading programs. The process to become a funded trader with them involves paying a one-time refundable fee and completing their evaluation challenge. Read about Prop Trading Firms with Free Trial here 

Funding Traders Funded Account

Upon successfully completing the test or challenge, traders will have their Funded Account established, a process that generally takes a few business days to activate. It’s crucial to understand that the account conditions and balance will mirror those for which you qualified during your test. If you wish to upgrade to a higher-grade account, you’ll need to undergo testing anew for the desired account balance.

Profit Split

Funding Traders offers a default profit split of 80% to the trader and 20% to the firm. Traders have the option to upgrade their profit split to 90% or even 100% through a checkout process, allowing for increased earnings potential. The minimum payout is $50 profit on any account size

Payout and Withdrawals

Successful completion of the evaluation phase leads to a funded trading account with a profit-sharing agreement. The profit split can be up to 100%, with the first payout available 7-14 days after the first trade is placed.

Eligibility for payouts requires meeting the minimum trading period and adhering to trading objectives. The minimum payout threshold is set at $50 profit across any account size.

Withdrawal Method

Funding Traders offers two primary withdrawal methods: bank transfer and cryptocurrency. For bank transfers, traders need to set up a Deel account as an independent contractor and link it to their bank account, with a waiting period of 1-5 business days for the transfer. Cryptocurrency transfers are instant and are used for traders not in Deel-supported countries​

Account Conditions

When evaluating Account Conditions, we carefully assess the broker’s range of account preferences, as well as the applicable platforms, instruments, and trading costs. It’s crucial to also examine the leverage levels and trading conditions provided, as certain brokers may restrict specific strategies or practices in funded accounts. Failure to comply with these constraints could result in account loss, prompting the need to retake the test. See below for a detailed breakdown:

Trading Instruments

Funding Traders offers traders a wide range of trading instruments, including Forex, cryptocurrencies, stocks, indices, and metals. This variety is aimed at catering to the diverse preferences and strategies of multi-instrument traders who wish to explore different markets. It’s important for traders to consider factors such as leverage, contract size, and spread, which can vary across these instruments​

Funding Traders Commission

Funding Traders offers a unique commission structure where they do not charge any commissions on trades for challenge accounts, setting them apart from many other prop firms

Leverage

Funding Traders offers leverage options varying by asset class: FX up to 1:100, indices and gold up to 1:50, and cryptocurrencies up to 1:5. This range is designed to cater to different trading strategies and risk tolerances​.

Funding Traders App Platform

Funding Traders offers its traders access to Meta Trader 4 (MT4) and Meta Trader 5 (MT5), which are among the most widely used platforms for forex trading. These platforms cater to a variety of trading strategies and are preferred for their robust features, including advanced charting tools, automated trading capabilities through Expert Advisors (EAs), and extensive back-testing environment​

Trading Conditions

Funding Traders offers a comprehensive set of conditions tailored to accommodate the varying needs of traders engaging with their funded account programs.

  • Funding Traders permits trading news events and holding positions overnight or over weekends. They also offer a scaling plan that encourages profit growth. However, they do not allow trading practices that exploit software glitches or involve high-frequency trading (HFT) strategies. These guidelines aim to ensure fair trading practices and risk management​
  • Funding Traders does not charge swap fees on positions. This policy can be particularly advantageous for traders who hold positions overnight or for several days, as it eliminates the cost associated with the swap rates that are typically charged or credited by brokers based on the interest rate differential between the two currencies in a pair.

Funding Traders Conditions

Funding Traders Promotions

At the moment of writing this article Funding Traders is offering a spring promotion with a 30% discount available when using the promo code “SPRING”. This could be a great opportunity for those looking to participate in their trading challenges and programs at a reduced cost.

Funding Traders Alternative Brokers

Funding Traders stands out as a reputable prop trading firm, providing clients with thorough trading evaluation challenges. Notably, they offer zero commissions and a diverse array of trading instruments, including stocks, among others.

While their trading conditions are versatile, offering a high profit share, it’s worth noting that the firm does not provide a free trial. Additionally, their platform offering is somewhat limited. Therefore, it’s advisable to explore other options that better suit your preferences.

If you’re interested in exploring alternatives to Funding Traders, competitors like TopStep or Apex Trader Funding also offer unique benefits and focuses, including personalized mentorship, specialized markets, and competitive profit splits. Each of these firms provides a distinct approach to prop trading, catering to different trader needs and preferences​

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