Funding Traders Review: A Comprehensive Look at This Proprietary Trading Firm
Funding Traders has quickly risen as a noteworthy player in the proprietary trading industry, offering aspiring traders access to substantial capital, competitive profit splits, and flexible evaluation models. Designed to cater to traders at all experience levels, the platform provides a robust structure to help traders demonstrate their skills and grow their accounts systematically.
With a focus on transparency, user-friendly trading platforms like MT5 and TradeLocker, and the promise of scaling accounts up to $2 million, Funding Traders is shaping the future of funded trading programs. In this comprehensive review, we’ll explore everything you need to know about Funding Traders, from its evaluation process and profit-sharing model to its scaling opportunities and customer support.
Funding Traders Review: Pros & Cons
- Wide account size options ranging from $5,000 to $500,000.
- Flexible evaluation models with 1-step (Rapid) and 2-step (Classic) processes.
- Refundable evaluation fees upon successful completion.
- Scaling plan allows for 25% growth every two months, scaling accounts up to $2 million.
- 24/7 customer support through live chat, email, and Discord.
- Higher fees for larger accounts, up to $3,000.
- Add-on costs for increased profit splits and faster payouts.
- Strict risk management rules, with daily drawdowns capped at 4%-5%.
- Limited asset selection outside Forex, indices, and metals.
- Educational tools like webinars and tutorials could be added.
Evaluation Process
Funding Traders offers two evaluation models tailored to meet traders’ preferences for speed and structure:
Evaluation Steps
| Evaluation Steps | Who this for? | Account Size | Fee | Profit Target | Profit Split | Daily Drawdown | Max Drawdown |
|---|---|---|---|---|---|---|---|
| 1-Step (Rapid Program) | Traders seeking fast funding. | $5000 – $500,000 | $50 – $3000 | 10% | Up to 100% | 4% | 5% |
| 2-Step (Classic Funding) | Traders who prefer a structured evaluation. | $5000 – $500,000 | $50 – $3000 | Phase 1- 10% Phase 2- 5% | Up to 100% | 5% | 10% |
Key Features of the Evaluation Process:
Profit Splits: Starting at 80%, traders can increase their share to 90% or even 100% with additional fees.
Refundable Fees: Evaluation fees are reimbursed upon successful completion.
Scaling Plans: Accounts can grow by 25% every two months, enabling traders to reach up to $2 million.
Risk Management Rules: Daily and total drawdown limits encourage disciplined trading.
Account Merge Options: Multiple accounts can be combined for streamlined scaling and fund management..
Fees and Pricing
Funding Traders charges competitive and transparent fees across its account types:
| Account Size | 1-Step (Rapid Program) | 2-Step (Classic Funding) |
|---|---|---|
| $5000 | $50 | $50 |
| $10,000 | $100 | $100 |
| $25,000 | $200 | $200 |
| $50,000 | $300 | $300 |
| $100,000 | $550 | $550 |
| $200,000 | $1100 | $1100 |
| $350,000 | $2000 | $2000 |
| $500,000 | $3000 | $3000 |
Evaluation fees are refundable upon successful completion, adding to the cost-effectiveness of the program.
Profit Splits and Frequency
Funding Traders’ payout system is both flexible and competitive:
Default Payout Split: 80%.
Optional Add-Ons:
- 90% profit split for an additional 15%.
- 100% profit split for an additional 30%.
Payout Frequency:
- Standard: Every 14 days.
- Optional: Weekly payouts for an additional 25%.
This flexibility allows traders to tailor their payout structure based on their trading performance and preferences.
Scaling Plans
Funding Traders offers one of the most attractive scaling plans in the industry:
- Growth Potential: Accounts can scale up to $2 million.
- Growth Rate: 25% increase in account size every two months.
- Account Merging: Traders can combine accounts as they scale, simplifying fund management.
- Requirements:
- Achieve an 8% profit target.
- Maintain profitability for two consecutive months.
This plan rewards consistent and disciplined trading, ensuring that traders who meet the criteria can steadily increase their account sizes.
Trading Platforms and Assets
Funding Traders supports industry-standard platforms, ensuring a seamless trading experience:
- MetaTrader 5 (MT5): Advanced charting tools and algorithmic trading support.
- TradeLocker: User-friendly interface for traders of all experience levels.
- DX Trade: Robust multi-asset platform with customizable features.
Tradable Assets
- Forex: Major, minor, and exotic currency pairs.
- CFDs: Indices and commodities.
- Metals: Gold and silver.
Competitor Comparison
| Feature | Funding Traders | FTMO | Funded Next |
|---|---|---|---|
| Profit Split | Up to 100% | 80% – 90% | Up to 95% |
| Evaluation Steps | 1-Step and 2-Step | 2-Step | 1-Step and 2-Step |
| Fees | $50 – $3000 | €155 – €1,080 | $59 – $999 |
| Account Sizes | $5000 – $500,000 | $10,000 – $200,000 | $6000 – $200,000 |
| Scaling Plan | 25% growth every 2 months | 25% growth every 4 months | FundedNext allows traders to scale their accounts up to $4 million by achieving consistent profitability over a specified period. |
| Available Platforms | MT5, Tradelocker and DX Trade | MT4, MT5 and cTrader | MT4, MT5, cTrader and Trading view |
| Payout Frequency | 14 Days | 14 Days | Monthly |
| Leverage | 1:100 | 1:30 to 1:100 | 1:1 to 1:100 |
Customer Support
Funding Traders excels in customer support, offering:
- Live Chat: 24/7 availability for instant assistance.
- Email Support: Reach out at help@fundingtraders.com with responses within 24 hours.
- Discord Community: Engage with other traders and share insights.
My PP Rating
Funding Traders earned an overall score of 4.7/5, showcasing their strong offerings and customer satisfaction. Here’s the breakdown:
- Programs Offered (4.8/5): Funding Traders provides both 1-step (Rapid) and 2-step (Classic) evaluation models, catering to traders of varying skill levels. Additionally, their scalable funding structure up to $2 million makes them highly attractive. However, the absence of an instant funding option slightly limits accessibility for certain traders.
- Profit Split & Pricing (4.5/5): Offering up to 100% profit splits through add-ons is competitive, but the additional cost for higher splits (up to 30% of evaluation fees) may deter budget-conscious traders. The fee range of $50–$3,000 is broad and fair but becomes steep for larger accounts. Refundable fees upon successful completion are a significant advantage.
- User Experience (4.7/5): The integration of industry-standard platforms like MT5, TradeLocker, and DX Trade ensures that traders have access to robust trading tools. The user-friendly account setup and seamless payout process enhance the experience, but limited tradable assets (Forex, metals, and indices only) leave room for improvement.
- Support & Education (4.6/5): 24/7 live chat, email, and Discord support create an excellent customer service environment. However, the lack of webinars, tutorials, or other educational tools means traders must rely on external resources to sharpen their skills, which could be an area of growth for Funding Traders.
FAQs
1. What is the profit split at Funding Traders?
Funding Traders offers an 80% default profit split, with options to upgrade to 90% or 100%.
2. How does the scaling plan work?
Accounts grow by 25% every two months upon achieving 8% profitability and maintaining consistency.
3. What trading platforms are supported?
Funding Traders supports MT5, TradeLocker, and DX Trade.
4. Are evaluation fees refundable?
Yes, fees are fully refundable upon successful completion of the evaluation.
5. What is the payout frequency?
Payouts are available every 14 days, with a weekly option for an additional 25%.
Conclusion
Funding Traders stands out as a robust proprietary trading firm offering a variety of evaluation models, generous profit splits, and a scalable account structure that can grow up to $2 million. The firm’s commitment to supporting traders through advanced platforms like MT5, TradeLocker, and DX Trade, combined with its user-friendly approach to payouts and funding, makes it a preferred choice for both novice and experienced traders.
However, areas like asset diversity and educational resources present opportunities for further improvement. Despite these minor shortcomings, Funding Traders delivers a solid package of flexibility, transparency, and competitive profit-sharing, positioning itself as a leading player in the proprietary trading industry.
Ready to take your trading career to the next level? Join Funding Traders today and access flexible evaluations, scalable accounts, and profit splits of up to 100%. Don’t wait—start trading with one of the most competitive proprietary trading firms in the market!
