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Forex prop firm

Funding Traders

3.8 2 reviews
3.8
Score with community reviews Score with external reviews
Trading Conditions 4.0
Evaluation Rules 3.4
Payment Reliability 3.2
Cost vs Value 4.3
Transparency 3.0
Technical Support 4.7
Trading Conditions 4.0
Evaluation Rules 3.2
Payment Reliability 3.1
Cost vs Value 4.6
Transparency 2.8
Technical Support 4.8
Active promotion

200% refund

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Country
United States
Founded
2022
Platforms
MT5, TradeLocker
Funding Traders
200% refund

Funding Traders: News and updates

Funding Traders Unveils Ultra-Fast Payouts: 2 Days or $1,000 Bonus

Funding Traders has announced a significant service enhancement with the introduction of ultra-fast payouts for its traders. The firm is now committed to processing payments in as little as two days. To underscore this commitment, Funding Traders is offering a $1,000 bonus. This will be distributed as $500 cash and $500 credit, applicable under conditions related to payout speed or as an incentive. This initiative aims to optimize the trading experience, providing enhanced liquidity and efficiency to its community.

Key Updates for FT University Program: Access, Payments, and Policies

Funding Traders announces new features and policies for its FT University Program. This program allows traders to begin Phase 1 completely free, offering an opportunity to demonstrate skills without upfront cost. Users are limited to acquiring one FT University account every two weeks. It is important to note that no discounts will be applied to these accounts. Upon passing Phase 1, participants have a three-day window to complete payment and unlock Phase 2. Failure to pay within this timeframe will result in account expiration and inability to proceed. A strict "one profile per user" policy is enforced. Detection of multiple profiles created to abuse the FT University program or promotional codes will lead to account termination and a permanent user profile ban.

Increased Leverage for Metals on Pro Accounts

The firm has announced an increase in the leverage available for metals trading. This enhancement applies to Pro6 and Pro10 accounts, where leverage has been raised from 1:10 to 1:20. This decision responds to high demand expressed by the trading community and aligns with the firm's commitment to continuously optimizing its trading conditions.

Funding Traders Introduces Novice Account with Free First Phase

Funding Traders has announced the launch of its new "2-Step Novice Account," designed to ease the entry of new traders into prop trading. This initiative aims to reduce initial cost barriers and pressure, offering a low-risk path to demonstrate trading skills. The key feature of the Novice Account is that Phase 1 is completely free. Traders only incur a fee upon advancing to the second evaluation phase. Additionally, Funding Traders has eliminated consistency scores for this account type, allowing users to focus on learning and growth. Evaluation rules have been simplified: Phase 1 (Free): 5% profit target, 8% max loss, 4% max daily loss. Minimum of 4 trading days. Phase 2 (Paid): 10% profit target, 6% max loss, 4% max daily loss. Minimum of 4 trading days. Funded Account: 4% max loss, 2% max daily loss. Initial 6% profit split (up to 90%). Available account sizes for the Novice evaluation range from $10,000 to $200,000. Only one Novice Phase 1 account is permitted per user. The TRADELOCKER platform is supported. Additional benefits include permitted news trading (with limitations), leverage up to 1:50, swap-free and zero-commission options, and a bi-weekly payout program. A challenge fee refund plus an additional 15% of the Phase 2 profit split is offered if a 10% profit is achieved in the funded account. With over $5.5 million paid to more than 50,000 traders worldwide, Funding Traders aims to strengthen its community by providing an accessible opportunity for aspiring traders.

FundingTraders Launches "New Era" with Rebrand and Major Platform Update

FundingTraders has officially launched its largest historical upgrade, ushering in a "New Era" for the platform. This comprehensive overhaul includes a full company rebrand, a new dashboard, and a more streamlined trading experience. The updated dashboard features simpler navigation, improved rule display, and enhanced overall usability. Additionally, the "Novice Accounts" model has been introduced for beginners, offering a free Phase 1 with Phase 2 unlocked upon successful completion. To simplify its offerings, FundingTraders has removed all 5K accounts, NextGen Accounts (current NextGen users will retain theirs), and all 1-Step accounts. The remaining account types are Pro10, Pro6, Instant, and Novice. A significant change allows trading during medium-impact news events, with restrictions now applying only to high-impact news. Users with $50,000+ accounts will gain access to the "FT AI Trading Coach (Stan)," integrated into Metrix for advanced insights and guidance. The firm has also implemented direct WhatsApp support and is committed to raising standards for faster support, smoother processes, and an improved payout experience.

FundingTraders Launches On-Demand Payouts for Instant Funded Accounts

FundingTraders has announced the launch of its new On-Demand Payouts service, a feature requested by its users. This functionality is now available for Instant Funded Accounts. With this enhancement, traders will no longer need to wait 14 days to request a new payout, allowing them to access their earnings at any time and from anywhere. Payouts can be processed via both cryptocurrency and the Rise platform, offering users flexibility. For more detailed information on this new option, interested parties can consult FundingTraders' help section.

FundingTraders Introduces 'Access Accounts' with Flexible Payment Model

FundingTraders has announced the launch of its new "Access Accounts," designed to significantly reduce the initial investment required to start trading operations. This innovative "Buy Now, Pay Later" model allows traders to secure an account by paying only a fraction of the total fee upfront. The remaining payment is due once the user successfully passes the trading challenge. Access Accounts are available for all of the firm's NextGen accounts. This offer is exclusively aimed at new users who have not made prior purchases on the platform. The initiative seeks to empower traders to optimize their operations, scale faster, and access funding opportunities with a lower entry barrier.

FundingTraders Launches New PRO Challenges with More Options

FundingTraders announces the launch of new PRO challenges, one month after the launch of its Pro account. Two account types are now offered: 2-Step and 1-Step, each with different profit targets and daily and maximum loss limits. The 2-Step options include Pro6 (6/6% target, 3% daily loss, 6% maximum loss), Pro8 (8/4% target, 4% daily loss, 8% maximum loss), and Pro10 (10/5% target, 5% daily loss, 10% maximum loss). The 1-Step options offer Pro6 (10% target, 3% daily loss, 6% maximum loss), Pro8 (12% target, 4% daily loss, 8% maximum loss), and Pro10 (15% target, 5% daily loss, 10% maximum loss). Consistency scores will not be considered during the challenge phase, and free circulation of commercial news is allowed. Leverage is 1:50. A profit share of up to 100% is offered with 7-day payment options. The promotion is for a limited time, available for the next 14 days.

Risk Management Group: Control Your Trading

Funding Traders launched a new Risk Management Group, effective August 29th, to foster sustainable user growth. This system lowers maximum leverage (e.g., 1:30 for Forex, 1:1 for crypto) and limits risk per trade to 1% of the account balance, applying to both simultaneously open and rapidly closed/reopened trades on the same asset. Specific maximum trade risk amounts vary based on account size, ranging from $50 to $2,000. The goal is to mitigate risk and promote responsible trading practices.

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