Funding Traders Review
Funding Traders Review: Is This The Best Prop Firm for You?
Funding Traders has quickly become a well-known proprietary trading firm, offering traders the chance to access significant capital, trade with competitive profit splits, and grow within a structured environment. But what sets this firm apart from the rest? And more importantly, is it the right fit for you?
In this Funding Traders Review, we’ll dive deep into everything you need to know—from their evaluation programs and profit splits to their trading conditions and overall reputation. If you’re considering joining this prop firm, keep reading because you’re about to get all the details you need.
Evaluation Programs
Unlike some prop firms that only offer one route to funding, Funding Traders provides two different evaluation programs, allowing traders to choose the one that best suits their style and experience level.
Rapid Program (1-Step Evaluation)
For those who want a quick and straightforward path to funding, the Rapid Program might be the best option. Unlike traditional multi-step challenges, this program requires traders to hit a 10% profit target—without any time limits. That means you can trade at your own pace without feeling pressured to rush.
At the same time, there are risk parameters to follow. The daily drawdown limit is 5%, and the maximum drawdown is 10%. While some firms set much stricter rules, these conditions give traders a bit more breathing room. Plus, during the evaluation phase, there are no commissions, which helps keep trading costs low.
Another standout feature is the 1:100 leverage on forex. This gives traders the ability to take larger positions while keeping margin requirements manageable.
Classic Funding (2-Step Evaluation)
For those who prefer a more structured evaluation, the Classic Funding Program offers a two-step process.
- In phase one, traders must reach a 10% profit target to advance.
- In phase two, a 5% profit target must be achieved to pass.
Once again, there are no time constraints, allowing traders to move forward at their own pace. The daily drawdown is capped at 5%, while the maximum drawdown remains at 10%.
One difference to note is that while the challenge phases are commission-free, a $3 per lot commission applies once a trader gets funded. This is something to consider, especially for those who trade larger volumes.
Account Sizes and Scaling
Funding Traders offers a variety of account sizes, starting at $5,000 and going up to $500,000.
For traders looking to scale, the firm provides an account growth plan that allows traders to expand their capital up to $2 million. To qualify, traders must achieve an 8% profit over two consecutive months. Every two months, the account balance increases by 25% as long as the required performance metrics are met.
Profit Split and Payouts
One of the biggest factors in choosing a prop firm is the profit split. At Funding Traders, traders keep 80% of their profits, with the firm taking the remaining 20%.
For those who want to maximize their earnings, there’s an option to increase the profit share to 90% or even 100% through add-ons at checkout.
Payouts are processed twice a month by default. However, traders who want more frequent withdrawals can opt for a weekly payout structure by selecting an additional upgrade.
One major advantage is the firm’s fast payout processing. On average, withdrawals are completed within 24 hours, making Funding Traders one of the quicker-paying prop firms in the industry.
Trading Platforms and Conditions
Traders can access the markets through multiple platforms, including MetaTrader 5 (MT5), TradeLocker, and DXtrade. This variety gives traders the flexibility to choose a platform that best suits their needs.
As for trading conditions, Funding Traders allows multiple strategies, including:
- News trading
- Swing trading
- The use of Expert Advisors (EAs) for risk management
Additionally, traders are allowed to hold positions overnight and over weekends, which is an advantage for those who prefer longer-term setups.
Leverage is set at 1:100 for forex and 1:50 for indices and gold, providing enough room for strategic risk-taking while keeping risk exposure reasonable.
Support and Community
A strong support system is essential for any trading firm, and Funding Traders seems to understand that well. The firm offers 24/7 support, ensuring that traders can receive assistance whenever they need it.
Beyond customer support, the firm also places a strong emphasis on trader development. It provides free classes three times per week, along with mentorship from experienced professionals. The CEO, Stan, has over two decades of experience in financial markets and plays an active role in the company.
In addition, the firm has built a community where traders can connect, share insights, and learn from one another. The active Discord group allows traders to stay engaged and interact with others who share the same goals.
Trustpilot Rating
A prop firm’s reputation is a key factor when deciding where to trade. According to Trustpilot, Funding Traders has a 4.4-star rating based on 3,146 reviews. This is a solid score, especially in an industry where reviews can be mixed.
Most traders praise the firm for its fast payouts, flexible trading conditions, and responsive support. While no firm is perfect, the majority of feedback suggests that Funding Traders is a reliable option for those looking to trade with a prop firm.
Final Verdict
After reviewing everything Funding Traders has to offer, it’s clear that the firm provides a competitive and trader-friendly environment.
With flexible evaluation programs, a fair profit split, and a solid reputation, the firm has positioned itself as a strong choice for those looking to trade with proprietary capital. The combination of fast payouts, a strong community, and multiple account scaling opportunities makes it a worthwhile option for serious traders.
Ultimately, whether or not Funding Traders is the right fit depends on your trading goals, strategy, and risk tolerance. But for those looking for a legitimate prop firm with fair conditions and room for growth, this one is worth considering.