Funding Traders provides users with trading funds and enables them to earn profits by trading Forex, Crypto, Indices, and Metals without their own money. What are the rules and conditions on Funding Traders prop firm?
We’ll explore the firm’s trading assets, evaluation plans, challenge rules, educational materials, social media, and many more in this Funding Traders review.
Funding Traders; Company Information
Funding Traders is a cutting-edge prop trading firm established in 2023 and led by CEO Stan. The firm’s website is registered in Dubai. It offers weekly payouts and up to 100% profit split. Key features of Funding Traders:
- Account sizes ranging from $10,000 to a whopping $200,000;
- Structured evaluation framework with 1-step and 2-step challenges;
- Up to 100% profit split for successful traders;
- Zero commissions on challenge accounts;
- Unlimited trading days;
- News trading allowed;
- Weekend and overnight holding permitted.
The company’s systematic scaling plan allows traders to increase their account size by 25% every three months, provided they maintain profitability. This blend of financial opportunity and trader support makes Funding Traders a compelling choice in the competitive world of prop trading.
Funding Traders Prop Firm Specifications Summary
The firm charges no commissions on challenge accounts nor takes any percentages of your profits. It only makes money by copying successful traders. Here are the specifics you need to know about Funding Traders.
Account currency | USD |
Minimum price | $100 |
Maximum leverage | Up to 1:100 |
Maximum profit split | Up to 100% |
Instruments | Forex, Indices, Crypto, Metals |
Assets | N/A |
Evaluation steps | 1-Step, 2-Step |
Withdrawal methods | Rise, Coinbase |
Maximum fund size | $2,000,000 |
First profit target | 10% |
Max. daily loss | 5% |
Challenge time limit | Unlimited |
News trading | Yes |
Maximum total drawdown | 10% |
Trading platforms | DXTrade, Tradelocker, MT5 |
Commission | $3 per lot roundtrip on FX and Indices |
TrustPilot score | 4.5 |
Payout frequency | Weekly |
Established country | UAE |
Established year | 2023 |
Funding Traders Prop Firm Advantages & Disadvantages
Like any financial opportunity, trading with Funding Traders comes with its own set of pros and cons.
Pros | Cons |
Generous 100% Profit Split | Relatively New |
Unlimited trading days | Limited Educational Resources |
7-day payouts | Reports of account terminations without clear reasons |
scaling plan up to $2 million | - |
Funding and Pricing in Funding Traders Prop Firm
The company offers a diverse range of account sizes to suit different trader needs and experience levels. Funding Traders account sizes and their prices:
Account Size | Price |
$10K | $100 |
$25K | $200 |
$50K | $300 |
$100K | $550 |
$200K | $1,100 |
Funding Traders Prop Firm Registration and Verification Guide
Getting started with the prop firm is a straightforward process. Here's a step-by-step guide to help you navigate the registration and verification steps on Funding Traders.
- Visit the firm’s official website;
- Click on “Get Funded”;
- Choose “Sign up”;
- Provide your first name, last name, and email address, and set a strong password.
In order to make it to the funded phase and submit payout requests, you must verify your account. For that, you should upload the following documents through the Funding Traders dashboard, “Profile Menu”.
- Proof of ID (Front and back);
- Passport photo;
- Selfie;
- Proof of Address.
Funding Traders Prop Firm Evaluation Stages
The prop firm employs a rigorous evaluation process to ensure that funded traders possess the skills and discipline necessary for success in the live markets. Key features of Funding Traders evaluation programs:
1-Step | 2-Step | |
Trading period | unlimited | unlimited |
Max Daily Drawdown | 4% | 5% |
Max Drawdown | 5% | 10% |
Max Loss per Trade | 2% | 2% |
Target | 10% | 10% 5% |
Leverage | Up to 1:100 | Up to 1:100 |
Payout | Weekly | Weekly |
Profit Split | Up to 100% | Up to 100% |
Bonuses and Discounts on Funding Traders Prop Firm
Funding Traders understands the importance of providing value to its traders, and they've implemented attractive bonus and discount structure to sweeten the deal.
- Seasonal Promo Codes: Discounts on challenge accounts;
- Affiliate: A program with a 4-tier structure with commission percentages ranging from 10% to 25%.
Funding Traders Prop Firm Available Platforms
We should discuss available trading platforms on this Funding Traders review. The company understands the importance of providing traders with robust and flexible trading platforms.
- MT5;
- TradeLocker;
- DXTrade.
Funding Traders Prop Firm Tradable Instruments and Symbols
Funding Traders offers a diverse range of tradable instruments, catering to various trading styles and preferences. Here's a breakdown of the available instruments and symbols.
- Forex;
- Crypto;
- Indices;
- Metals.
Funding Traders Prop Firm Payment Methods
Another essential aspect of the Funding Traders review is exploring the supported payment and payout methods. While payments can be made via Credit/Debit Cards and Crypto, withdrawals have a different story. Funding Traders payout methods:
Currency | Processing Time | Min Amount | |
Rise | Fiat, Crypto | 2 – 7 business days | $200 |
Coinbase | USDT (ERC20) | 28 – 48 hours | $50 |
Fees & Trading Costs on Funding Traders Prop Firm
The company implements a straightforward fee structure. It charges no commissions on challenge phases and a $3 per lot roundtrip on FX and Indices. While there is no specific data on spreads, Funding Traders boasts its tight spreads.
Does Funding Traders Prop Firm Offer Educational Resources?
In the competitive world of prop trading, education can be the difference between success and failure. Funding Traders seems to understand this well, offering a robust set of educational resources to its traders through its blog, including:
- Market News;
- Tutorials;
- Prop Trading Introduction.
Funding Traders Prop Firm Trust Scores (Trustpilot)
Trust is paramount in the prop trading industry, and Funding Traders' trust scores provide interesting insights into trader experiences. TrustPilot users have given the firm an excellent score of 4.5 out of 5 (based on 1,700 reviews).
Interestingly, Funding Traders doesn’t have any profiles on reputable websites like Reviews.io and Forex Peace Army. Key points of users’ experiences on the firm:
- Positive Feedback: Many traders praise the exceptional customer support, with specific agents like Magnesium, Khalifa, Ced, and Obi-Wan Kenobi receiving accolades;
- Areas of Concern: Some negative reviews mention issues with the consistency rule and claim unfair practices.
Funding Traders Prop Firm Support (Channels & Opening Hours)
Effective support can make or break a trader's experience with a prop firm. Funding Traders appears to prioritize supporting customers 24/7. However, they don’t offer any phone support which can be a let-down.
help@fundingtraders.com | |
Ticket | “Contact” form |
Online Chat | Available on the website |
Telegram Group |
Funding Traders Prop Firm Presence on Social Media
In today's digital age, a strong social media presence is crucial for any business, especially in the fast-paced world of trading. Funding Traders maintains an active presence across several social media platforms, including:
- Twitter: https://twitter.com/Funding_Traders
- Discord: https://discord.gg/fundingtraders
- Telegram: https://t.me/fundingtraders
- Instagram: https://instagram.com/fundingtraderscom
This multi-platform approach allows Funding Traders to reach a wide audience and constantly communicate with current and potential traders. The content shared across these platforms often includes:
- Market analysis and trading signals;
- Educational resources and webinar announcements;
- Company updates and new feature rollouts;
- Trader spotlights and success stories.
Trading Finder Expert Suggestions
Funding Traders is a new prop trading firm offering funded accounts through two evaluation plans (1-step, 2-step) with trading capitals ranging from $10,000 to $200,000.
Funding Traders prop firm offers a $10K account for just $100 with a generous 100% profit split and no commissions during challenge phases. Share your thoughts about the Funding Traders review in the comments.
