The Funded Trader Review 2024: Comprehensive Insights and Analysis

Last Updated: January 10, 2024

Editorial Note: Although we are committed to strict Editorial Integrity, this post could contain references to products made by our partners. This is how we make money. According to our Disclaimer, none of this web page's information or data as investment advice. Learn more about our affiliate policies and how we get paid.

The Funded Trader review

As I dive more into financial trading, The Funded Trader has captured my interest as a standout platform. With an offering of up to $1.5 million in trading capital, significantly exceeding the industry standard, this platform showcases a deep commitment to nurturing trading talent. The profit split policy particularly intrigued me, allowing traders to retain up to 90% of their earnings, far surpassing the usual 70% offered by most firms. This approach makes me appreciate the platform for rewarding skill and effort. Additionally, The Funded Trader's range of account sizes, from $5,000 to $400,000, caters to diverse traders, providing a scalable and personalized trading experience.


Their two-phase evaluation process defines a successful trader, emphasizing strategy, risk management, and consistency. Upon passing this strict screening, traders are funded and provided with an array of professional trading tools and educational resources. This holistic support system shows The Funded Trader's commitment to the ongoing development of its traders. Moreover, the option to reset accounts after a drawdown violation offers a second chance to refine strategies, which is pretty cool.

The Funded Trader Key Takeaways: Is it for You?

This detailed summary highlights the firm's key aspects, including the broad spectrum of programs available, the potential for lucrative profit splits, a range of account sizes to suit different trading capacities, a variety of tradable assets, and many more. Understanding these elements is essential to appreciate the wide range of opportunities and the adaptability that The Funded Trader offers its users.

Key Takeaways Details
Profit Split Up to 90% of earnings
Account Size Range $25,000 to $400,000, catering to a wide range of traders
Tradable Assets Forex, Gold & Commodities, Indices, Cryptocurrencies
Leverage Ratios Varies; Forex up to 1:200, Gold & Commodities up to 1:30
Payout Processing Times Standard accounts: 3 Business Days, King’s Program: 2 Business Days
First Payout Eligibility Between 7 to 30 days post-first trade, based on challenge type
Subsequent Payout Eligibility Standard, Rapid, Royal: 14 days; Knight, Dragon: 7 days
Scalability Options to scale account based on performance, up to $1.5 million
Special Programs Includes King's Program and Dragon Egg VIP Program
Daily Drawdown Limit 3%, changes based in Account Type
Maximum Drawdown Limit 10%, changes based in Account Type
Profit Target 10% to 15% of initial account size

The Funded Trader Review 2024: A Comprehensive Overview

The Funded Trader, founded in 2021 by a group of experienced traders and entrepreneurs, originated in the United States as an innovative solution to a common problem in the trading community: the need for more capital for skilled traders to maximize their potential. Led by visionary founders, including Robert Lotter, a seasoned trader with a background in finance and technology, the platform was conceptualized to bridge the gap between talent and opportunity. Recognizing the challenges traders face in accessing substantial trading funds, The Funded Trader was established to democratize the trading landscape. This was done by offering substantial capital, up to $1.5 million, to traders who demonstrate exceptional skill and discipline, regardless of their geographical location. The platform quickly distinguished itself not only by the scale of funding it provided but also through its comprehensive support system, including robust risk management tools and educational resources aimed at fostering a community of well-rounded and successful traders.

Pros and Cons

When considering The Funded Trader, it's essential to weigh its advantages and limitations to assess if it aligns with your trading approach and goals.

Pros:



  • High-Profit Split: The Funded Trader offers a generous profit split, allowing traders to retain up to 90% of their earnings, surpassing the industry standard of 70%. This rewards traders for their skill and effort.


  • Wide Range of Tradable Assets: The platform provides a diverse range of tradable assets, including Forex, Gold & Commodities, Indices, and Cryptocurrencies, enabling traders to diversify their portfolios.


  • Scalability: Traders can scale their accounts based on performance, potentially accessing up to $1.5 million in trading capital, providing room for growth.


  • Comprehensive Support: The two-phase evaluation process and the provision of professional trading tools and educational resources demonstrate the platform's commitment to trader development and success.


  • Payout Processing Times: The platform strives to deliver payouts promptly, with processing times as short as 2 business days for King's Program members, ensuring trader satisfaction.


  • Competitive Pricing: The platform offers various challenges with reasonable pricing, making it accessible to traders with different capital sizes.

Cons:


  • Limited Payout Options: Currently, payouts are exclusively conducted through cryptocurrency, which may only be convenient for some traders, especially those in regions where crypto services are restricted.


  • Inactivity Policy: All accounts, including competition accounts, have a 30-day inactivity limit, which may lead to account deactivation. Reactivation requires contacting The Funded Trader support, potentially causing inconvenience for inactive traders.


  • Complex Scaling Plans: While the platform offers scaling plans to increase demo account sizes, the eligibility criteria and scaling rules can be intricate, potentially confusing some traders.

Tradable Assets and Leverage

 Assets: The Funded Trader platform typically allows trading in a variety of assets, including Forex (foreign exchange currencies), Gold and commodities, Indices, and Cryptocurrencies. These categories offer a broad range of trading opportunities, allowing traders to diversify their strategies across different market segments.


Leverage:

Challenge Type Account Type Combined Leverage Ratios
Standard Challenge Regular Challenge, Swing Challenge Forex: 1:200, Gold & Commodities: 1:30, Indices: 1:20, Crypto: 1:2
Regular Simulated Funded, Swing Simulated Funded Forex: 1:100, Gold & Commodities: 1:30, Indices: 1:20, Crypto: 1:1
Rapid Challenge Regular Challenge, Swing Challenge Forex: 1:100, Gold & Commodities: 1:30, Indices: 1:20, Crypto: 1:2
Regular Simulated Funded, Swing Simulated Funded Forex: 1:100, Gold & Commodities: 1:30, Indices: 1:20, Crypto: 1:1
Royal Challenge Challenge, Simulated Funded Forex: 1:200, Gold & Commodities: 1:30, Indices: 1:20, Crypto: 1:2
Challenge, Simulated Funded Forex: 1:100, Gold & Commodities: 1:30, Indices: 1:20, Crypto: 1:1
Knight Challenge Challenge, Simulated Funded Forex: 1:30, Gold & Commodities: 1:10, Indices: 1:5, Crypto: 1:1
Dragon Challenge Regular Challenge, Swing Challenge Forex: 1:100, Gold & Commodities: 1:30, Indices: 1:20, Crypto: 1:2
Regular Simulated Funded, Swing Simulated Funded Forex: 1:100, Gold & Commodities: 1:30, Indices: 1:20, Crypto: 1:1
Competitions - Forex: 1:100, Gold & Commodities: 1:30, Indices: 1:20, Crypto: 1:1
Free Trials - Forex: 1:200, Gold & Commodities: 1:30, Indices: 1:20, Crypto: 1:2

Payout System and Trading Platforms

I am impressed by The Funded Trader's competitive payout structure. Initially, all Funded Trader Accounts begin with an 80% payout ratio, but there's a fantastic opportunity for growth with their Scaling Plan. By meeting specific conditions based on the account type, traders can see their virtual balance increase up to 25%. Additionally, achieving these milestones upgrades you to a 90% simulated virtual profit split. An aspect that caught my eye is their King's Program, which offers the luxury of instant payouts and flexible withdrawals at any time. As a Funded Trader, I found requesting payouts through the Trade Hub straightforward, with options like crypto and bank transfers adding convenience. Their commitment to delivering payouts within 24 hours is commendable and speaks volumes about their prioritization of trader satisfaction.



The Funded Accounts are backed by robust Eightcap, Purple Trading, and Think Markets systems. This collaboration with leading tech providers is a significant advantage. As a new registrant, selecting my preferred trading platform was a highlight, offering a level of customization that caters to various trading preferences and styles.

Pricing Information

The Funded Trader offers enhanced experiences for its Standard, Royal, and Knight Simulated Challenges with various add-ons.


Standard Challenge:

  • Account Sizes: $5,000 to $400,000.
  • Base Pricing: Starts at $65 for a $5K account, up to $1,879 for a $400K account.


Add-Ons:

  • EAs/Trade Copiers: $9 to $261 extra.
  • Combined Add-Ons: $24 to $676 extra.


Rapid Challenge:

  • Account Sizes and Pricing: Similar to Standard Challenge.
  • Faster progression with similar add-on options and pricing.


Royal Challenge:

  • Account Sizes: $50,000 to $400,000.
  • Base Pricing: $289 for a $50K account, up to $1869 for a $400K account.
  • Add-On: Bi-weekly Withdrawals, pricing varies depending on account size.


Knight Challenge:

  • Account Sizes: $5,000 to $200,000.
  • Base Pricing: $59 for a $5K account, up to $939 for a $200K account.


Dragon Challenge:

  • Account Sizes/Pricing: Expected to align with other challenges.
  • It likely offers similar add-ons and enhancement features.


Competitions and Free Trials:

  • Occasional offerings, each with distinct pricing and conditions.


General Notes:

  • Pricing for each challenge escalates with account size.
  • Add-ons and enhancements incur additional charges, varying by account size and challenge type.
  • The Funded Trader's website provides the most accurate and up-to-date pricing information for all challenges and add-ons.

Reputation and Social Media

Funded Trader Trust Pilot

The Funded Trader has gained a notable 4.4-star rating on Trustpilot from 16,369 reviews, with 82% being 5-star ratings. Additionally, 7% of users have given it four stars, showcasing high customer satisfaction. Notably,  2% of the reviews are three-star,  1% reviewers gave two-star, and 8% are 1-star, indicating a positive reception among its user base.

The Funded Trader Instagram Page

You can stay connected with The Funded Trader latest updates by following their Instagram account, which boasts over 1,773+ posts and 127K followers and growing. Their feed offers insights into the company's growth and updates, various related podcasts to name a few. For direct inquiries, you can also reach out to them via Instagram's direct messaging feature.

The Funded TrTwitter

The Funded Trader's Twitter account, with over 88.3K followers and 9,190 posts, is a hub for engaging with the firm and its community. It features reviews, questions, and media content and updates followers on the latest news, including discount offers. Users can interact by commenting on posts and staying connected with The Funded Trader's latest developments.

How does it work ?

Lets talk about the Evaluation Process:


Challenge - Phase 1: The initial evaluation step requires participants to achieve a specific virtual profit target under set rules. Trading occurs in a demo environment simulating real market conditions, including latency and slippage based on order size. Successful candidates progress to Phase 2 within 24 hours after completing all objectives and demonstrating their trading proficiency.


Verification - Phase 2: In this validation stage, traders again aim for a virtual profit target while following the prescribed rules. Trading is conducted in a demo setting that mirrors real market dynamics. Completing Phase 2 objectives and skill validation leads to advancement towards becoming a Funded Trader.


The Funded Trader: To achieve this status, traders must continue demonstrating effective risk management and consistent trading to earn up to a 90% virtual profit split. Performance is evaluated every three months, with the opportunity to scale the virtual account balance up to $1,500,000. Traders should note that strategies successful in earlier phases may perform differently in the Funded phase due to the simulated real-market conditions, especially during high volatility.

Challenges and Rules

Standard Challenge:

  • Account Size: $5k - $400K
  • Minimum Trading Days: 3 Days
  • Two-phase evaluation with Regular & Swing account types, featuring equity & balance-based drawdown.
  • Phase 1 Profit Target: 10%, Phase 2: 5%.
  • Payout eligibility: 21 days post-receiving TFT Funded Account.
  • Simulated Drawdown (5% Daily/10% Max)
  • Add Ons: Simulated Drawdown (6% Daily/12% Max)


Rapid Challenge:

  • Account Size: $5k - $200K
  • Minimum Trading Days: 0 Days
  • Two-phase evaluation with Regular and Swing account types, including balance-based drawdown.
  • Phase 1 Profit Target: 8%, Phase 2: 5%.
  • Payout eligibility: 14 days post-receiving TFT Funded Account.
  • Simulated Drawdown (5% Daily/8% Max)


Royal Challenge:

  • Account Size: $50k - $400K
  • Minimum Trading Days: 5 Days
  • Two-phase evaluation with the least restrictions.
  • Phase 1 Profit Target: 8%, Phase 2: 5%.
  • Payout eligibility: 30 days post-receiving TFT Funded Account, or 14 days with the withdrawal add-on.
  • Simulated Drawdown (5% Daily/10% Max)


Knight Challenge:

  • Account Size: $5k - $200K
  • Minimum Trading Days: 0 Days
  • Single-phase evaluation.
  • Phase 1 Profit Target: 10%.
  • Payout eligibility: 7 days post-receiving TFT Funded Account, offering a rapid payout opportunity.
  • Simulated Drawdown (3% Daily/6% Max):
  • Add-On: Simulated Drawdown (4% Daily/7% Max); additional costs vary.


Dragon Challenge:

  • Account Size: $5k - $200K
  • Minimum Trading Days: 0 Days
  • Three-phase evaluation with Regular & Swing account types and balance-based drawdown.
  • Phase 1 Profit Target: 8%, Phase 2: 5%, Phase 3: 5%.
  • Payout eligibility: 7 days post-receiving TFT Funded Account.
  • Simulated Drawdown (5% Daily/10% Max)


Inactivity Policy: All accounts, including Competition accounts, have a 30-day inactivity limit. Inactivity leads to account deactivation; reactivation requires contacting TFT support. This consolidated overview provides a comprehensive look at the different evaluation models, their respective profit targets, and payout timelines offered by The Funded Trader, along with their inactivity policy.

Scaling plans

In the Standard Simulated Challenge, The Funded Trader offers a scaling plan where traders can increase their demo account size by 25% based on consistent performance. Traders become eligible for scaling if they have been profitable for at least two out of the last three months, achieving either an average return of 6% over this period or a consistent 2% return each month. Reviews for scaling occur every three months, with account increases processed automatically and aligned with withdrawal requests, provided the account is at its starting balance.


The plan also adjusts the simulated daily and maximum drawdown limits to the new account balance, scaling them by 25%. For instance, if a $100,000 account is scaled to $125,000, the daily drawdown will increase from $6,000 to $7,500, and the maximum drawdown will go from $12,000 to $15,000. A key aspect of the plan is the potential to increase the sum of a trader's demo account virtual balances up to $1.5 million. For example, two $200,000 demo accounts can each be scaled to $750,000, amounting to $1.5 million. Moreover, traders can qualify for 90% payouts once eligible for the scaling plan. It's important to note that this profit split is based on simulated profits, not actual profits generated.

The Rapid Challenge scaling plan allows traders to increase their demo account size by 10% each time they achieve a simulated profit split of over 10% of the initial demo balance. This process excludes challenge bonuses and is based on net simulated profit. Scaling occurs automatically upon withdrawal requests if the withdrawal exceeds 10% of the initial balance. For instance, a $100,000 account earning a $10,000 withdrawal will be scaled to $110,000. However, withdrawals under 10% do not qualify for scaling.


Scaling reviews are based on the date of the first trade. Additionally, traders who achieve the 10% scaling twice in three months permanently become eligible for 90% simulated profit splits. For example, a trader meeting the scaling criteria in April and June but not in July would receive 90% payouts from August.



Example scaling progression:

  • First increase: Initial $100,000 balance scales to $110,000.
  • Second increase: $110,000 balance scales to $120,000.
  • Third increase: $120,000 balance scales to $130,000.

The Royal Challenge scaling plan allows traders to increase their demo account size by 25% based on consistent performance. To qualify for scaling, traders must be profitable for at least 2 out of the last 3 months, achieving either an average return of 6% over this period or a consistent 2% return each month. Scaling reviews occur every 3 months, with increases processed automatically during withdrawal requests, provided the account is at its starting balance.


Scaling begins from the date of the first trade. For example, if the account is received on April 1st but the first trade is on April 3rd, scaling is reviewed on July 3rd. If eligible for scaling but not applied at the last payout, traders can contact support for manual review.


Scaling increases the demo balance in increments of 25%. For instance, a $100,000 account scales to $125,000 on the first increase, $150,000 on the second, and $175,000 on the third. Simulated daily and maximum drawdown limits were adjusted by 25% with each scaling. For example, a $100,000 account scaling to $125,000 sees a daily drawdown increase from $5,000 to $6,250 and an overall drawdown from $10,000 to $12,500.

The maximum balance potential through scaling is $1.5 million. For instance, two $200,000 accounts can each scale to $750,000. Once qualifying for the scaling plan, traders are also eligible for 90% payouts.

The Knight Challenge scaling plan enables traders to grow their simulated account size by 25% based on consistent performance, alongside eligibility for 90% payout splits. Eligibility for scaling is reviewed every 3 months, requiring profitability for at least 2 out of the last 3 months, with either an average return of 6% or a consistent 2% return each month. Scaling is automatically processed during withdrawal requests when the account balance matches the starting balance.


For example, if a payout is due on January 2nd, but the scaling review is on January 5th, scaling will occur on the next payout request. Scaling starts from the date of the first trade. If issues arise regarding scaling eligibility, traders can contact support for a manual review.


Scaling increases the demo balance incrementally by 25%. For instance, a $100,000 balance scales first to $125,000, then to $150,000, and finally to $175,000. The simulated daily and maximum drawdowns adjust by 25% with each scale. For example, a $100,000 account scaling to $125,000 sees the daily drawdown increase from $3,000 to $5,000 and the overall drawdown from $6,000 to $7,500. However, for accounts with the Simulated Drawdown Add-On, the daily drawdown remains at $5,000 and the overall at $8,750 after scaling.


The maximum balance potential is $1.5 million, allowing for two $200,000 accounts to be scaled each to $750,000. Once qualifying for the scaling plan, traders become eligible for 90% payouts.

The Dragon Challenge scaling plan enables traders to increase their demo account size by 25% based on consistent performance. Scaling reviews occur every 3 months, requiring traders to be profitable for at least 2 out of the last 3 months with either an average return of 6% or a consistent 2% return each month. Scaling is automatically processed during withdrawal requests when the account is at its starting balance.

For example, if the payout date is January 2nd but the scaling review is January 5th, scaling will occur on the next payout request. Scaling eligibility starts from the first trade date, not the account receipt. If traders believe they were eligible for scaling but still need to be applied, they can contact support for manual review.


Scaling increases the demo balance by 25% each time. For instance, a $100,000 balance scales to $125,000, then $150,000, and finally $175,000. The simulated daily and maximum drawdown limits were adjusted by 25% with each scale. For example, a $100,000 account scaling to $125,000 sees the daily drawdown increase from $5,000 to $6,250 and an overall drawdown from $10,000 to $12,500.


The maximum balance potential is $1.5 million, allowing for two $200,000 accounts to be scaled each to $750,000.


The Dragon Challenge also includes:

  • Eligibility for the Dragon Egg VIP Program.
  • Offering additional benefits based on withdrawal frequency.
  • Total notional volume.
  • Duration of account activity.

Eligible customers will transition to this program on January 21st, 2024.

King's Program

The King's Program, introduced by The Funded Trader, targets Simulated Funded Traders who have showcased outstanding performance, consistency, and professional discipline in their trading activities. This exclusive program offers unique benefits to traders considered top-tier and long-term in the industry. However, it's important to note that accounts under the King's Program cannot be merged with accounts not part of this program.


Eligibility Criteria:

  • The program is open to traders in the Standard, Rapid, Royal, and Knight challenges.
  • Traders involved in the Dragon Challenge are only eligible for the upcoming Dragon Egg VIP program.


Key Benefits:

  1. Flexible Withdrawals: Traders in the King's Program can withdraw simulated profits anytime using Crypto without any set payout date. This flexibility extends to the frequency of withdrawal requests, with no limitations or caps imposed.
  2. Expedited Payout Processing: Withdrawal requests are processed swiftly, with approvals by 5 PM EST, leading to processing at 6 PM EST the same day. The program guarantees that payouts will be completed within two business days from the request. Requests made after 4 PM EST are processed the following day.
  3. Increased Profit Splits: Participants in the King's Program receive a high-profit split percentage, permanently set at 90% for all their payout requests.


Qualifying for the Program:

  • Eligible traders will be contacted from February 2023 onwards to have their accounts adjusted with these benefits.
  • To qualify, a trader must have a minimum of 5 consecutive withdrawals already made on a single account, regardless of the account type or program.
  • A minimum closed virtual volume of 30 million per $100,000 of the simulated starting balance is also required. This notional volume is calculated using the formula: lot size x contract size x entry price.
  • The account must be positive at the time of eligibility and should not have any history of violating TFT's trading rules, such as lot size limits and trade copying.
  • The trading strategy should only show a pattern of risking a large percentage of the account size with a clear and discernible trading strategy.


Note: The profit splits are calculated based on simulated profits, and the feature to display eligibility automatically on the trader's dashboard is anticipated to be available soon.

Payout Process Time detail

Submission Process:

Traders with eligible Simulated Funded Accounts can request payouts by submitting an invoice through the "Profit Share" section in the Trade Hub. Following this submission, the trader's account is reviewed, after which the payout process is initiated. This structured approach ensures a systematic and fair review of each payout request.


Eligibility for Payouts:

To be eligible for withdrawal, traders must fulfill specific criteria. However, several factors may impact the payout timelines, including ongoing investigations, a failure to confirm the crypto payout address and holidays. Understanding and adhering to these conditions is crucial for a smooth payout process.


Payout Options:

As of the current policy, payouts are conducted exclusively through Crypto. Traders should be aware that TFT's services are unavailable in certain countries, with a detailed list in a specific article. Additionally, mentions of "profit split" or "payouts" refer to compensation based on the data of simulated profits, not the actual generated profits.


Recent Updates:

Since December 21, 2023, Wise (formerly TransferWise) is no longer a viable payout option. Traders with pending payouts via Wise are redirected to request their payouts in Crypto through their TradeHub accounts. TFT is in the process of introducing new payout methods, details of which will be communicated soon.


Payout Processing Times:

Broker Account Type Processing Time
Eightcap Standard, Royal, Knight, Rapid 3 Business Days
King’s Program 2 Business Days
ThinkMarkets Standard, Royal, Knight, Rapid, Dragon 3 Business Days
King’s Program 2 Business Days
Purple Trading Standard, Royal, Knight, Rapid, Dragon 3 Business Days
King’s Program 2 Business Days

Payout Schedule for Crypto Payouts:

Crypto payouts are processed within 3 business days from the submission date for standard accounts and 2 business days for the King's program. Payout approval is conducted daily around 5 PM EST, and processing begins at 6 PM EST. Any submissions received after 4 PM EST are queued for processing on the following business day.


Promotional Considerations:

The promoted percentage becomes the base simulated profit split for accounts purchased under a special profit promotion for all future withdrawals. For instance, accounts bought with a 90% profit promotion will retain this rate for subsequent withdrawals.


Withdrawal Request Requirements:

To receive a payout, traders must undergo a verification process, including submitting a government-issued ID, a recent proof of address, and a signed Funded Trader Agreement.

Traders are reminded that no open simulated positions or orders should be active on the trading account during a payout request. Post-payout, the simulated account is almost immediately re-enabled, allowing continuous trading. Any delays in account re-enabling should be addressed by contacting TFT's support team.


First Payout Eligibility: The timeframe for eligibility for the first payout varies based on the type of challenge:

Challenge Type Time Since First Trade Additional Info
Standard Challenge 21 days Eligible 21 days after first trade.
Rapid Challenge 14 days -
Royal Challenge 30 days -
Royal (14-Day Add-On) 14 days -
Knight Challenge 7 days -
Dragon Challenge 7 days -

Future Payouts: For subsequent payouts, the required time since the first trade after the last payout date is as follows:

Account Type Time Since Last Payout
Standard, Rapid, and Royal 14 days
Knight and Dragon 7 days

Traders are reminded that no open simulated positions or orders should be active on the trading account during a payout request. Post-payout, the simulated account is almost immediately re-enabled, allowing continuous trading. Any delays in account re-enabling should be addressed by contacting TFT's support team.

The Funded Trader Review: Final Thoughts

As I reviewed "The Funded Trader," I was struck by its impressive offering, particularly the up to $1.5 million in trading capital, well above the industry norm. This generous funding and their profit split policy, allowing traders to keep up to 90% of earnings, really set the platform apart. The Funded Trader caters to a wide range of traders with account sizes from $25,000 to $600,000, providing a tailored experience.


The rigorous two-phase evaluation process emphasizes strategy, risk management, and consistency. Successful traders are funded and given access to a suite of professional tools and educational resources, reflecting The Funded Trader's commitment to their traders' growth. The reset option for accounts after a drawdown violation is a thoughtful feature, offering traders a chance to recalibrate their strategies.


Launched in 2021 by a group of experienced traders and entrepreneurs, including Robert Lotter, the platform aims to democratize the trading landscape by offering substantial capital to skilled traders, irrespective of location. The comprehensive support system, including robust risk management tools and educational resources, aims to foster a well-rounded and successful traders community.


In conclusion, The Funded Trader stands out for its significant capital offerings, supportive trader development, and thorough evaluation process. The scaling plans, payout structures, and diverse challenge options cater to various trader needs, making it an attractive platform for serious traders.

FAQs

  • What are the Guidelines and Key Features of The Funded Trader (TFT) Free Trial Account?

    The Funded Trader's Free Trial account is designed to introduce users to the two-phase challenge structure of TFT, providing a glimpse into what to expect in full challenges. Each customer is entitled to one Free Trial account at a time, with a maximum of two per month. Using the Think Markets Trading Platform 5, these trials offer a simulated account size of $100K. Importantly, there are no lot size restrictions, and both EAs and trade copiers are allowed. The Free Trial aims for an 8% simulated profit target, with a maximum 5% daily drawdown and a 10% initial deposit drawdown. The trading period ranges from a minimum of 5 days to 14 days. It's crucial to note that passing a Free Trial does not automatically lead to a challenge or funded account, and there are no rewards for passing a Free Trial. For instance, in a $100k Free Trial account, a $5,000 simulated drawdown limit applies within 24 hours starting at 5 pm EST, calculated based on the higher of your balance or equity.

  • How does The Funded Trader (TFT) manage payouts and ensure regulatory compliance with its broker partners?

    The Funded Trader (TFT) takes a comprehensive approach to managing payouts and maintaining regulatory compliance. Regarding payouts, TFT has a dedicated finance team that meticulously tracks and monitors payouts for customers who achieve net gains through simulated trading and adhere to the guidelines set by TFT's proprietary trading partner. This team is responsible for forecasting liquidity and cash requirements, ensuring that all financial obligations, including customer payouts, are met promptly and efficiently. The proprietary firm is actively engaged in continuous analysis and preparedness to fulfill all foreseeable financial obligations, safeguarding its traders' interests and maintaining a stable financial environment.


    Regarding regulatory compliance, TFT is partnered with third-party brokers regulated by various non-U.S. regulatory bodies. When selecting these partners, TFT prioritized regulatory compliance as a key criterion. This ensures that the broker's TFT collaborates and adheres to stringent regulatory standards, providing additional security and trust for traders. These regulated partnerships are fundamental to TFT's commitment to offering a reliable and secure trading environment, demonstrating their dedication to upholding high financial integrity and operational transparency standards.


  • How does The Funded Trader's profit split and account size range benefit traders?

    The Funded Trader offers a profit split of up to 90%, significantly higher than the standard 70%, allowing traders to retain a larger portion of their earnings. This is a crucial advantage for traders looking to maximize their income. Additionally, the platform caters to a wide range of traders with account sizes ranging from $25,000 to $400,000, providing flexibility and scalability to suit various trading styles and experience levels.

  • What are The Funded Trader's policies on payouts and payout processing times?

    The Funded Trader ensures timely payouts with a processing time of 3 business days for standard accounts and two business days for the King's Program. The platform also has specific guidelines for the eligibility of the first payout, which can vary from 7 to 30 days after the first trade, depending on the challenge type. This structured approach reflects The Funded Trader's commitment to providing fair and efficient financial transactions for its traders.

  • What measures does The Funded Trader take to ensure fair and responsible trading practices?

    The Funded Trader implements stringent guidelines to promote fair and responsible trading. This includes limiting maximum trading drawdowns and enforcing rules against prohibited practices like "scalping" or "hedging." Such measures are in place to maintain the integrity of the trading environment and to ensure that all traders operate under a uniform set of standards, fostering a level playing field for everyone.

  • How does The Funded Trader's 'Scaling Plan' work, and what are its key benefits for traders?

    The Funded Trader's 'Scaling Plan' rewards successful traders by increasing their account size based on performance. Traders can scale their initial account balance by a significant percentage, subject to meeting specific profit targets and adhering to risk management rules. This plan incentivizes traders to maintain high-performance levels, allowing them to manage larger funds and earn higher profits as they demonstrate their trading proficiency.

Share by: