FXCI
Use promo code "FUNDEDTRADING" and get 15% discount. Challenge cost $42, funding amount $5K!

The Funded Trader - how to use and start

The company provides software, virtual capital and attractive commissions in exchange for your skills. Traders use these resources to make profitable trades and then receive a portion of the income. The Funded Trader offers its traders up to 95% !
Updated 27-07-2024
Pros
Softer risk criteria: Drawdown threshold up to 10%.
High leverage: Leverage levels up to 1:200.
Fast profit withdrawal: Variety of payment methods available.
Affordable fees: Access fees start at $49.
Extensive learning resources: Transparent and easy-to-learn operations.
Profit share of 75% to 95%: Depending on the task.
Overnight holding allowed: Enhances trading flexibility.
Weekend and news trading on Swing accounts: Greater trading freedom.
Transparent operations: Clear insight into business processes.
Diverse payment options: Ease of funds access and withdrawal.
Cons
❌ No free trial: Cannot test services without cost.
❌ Only virtual money accounts: Limits real-world trading experience.
❌ No futures trading: Trading options are restricted.
❌ Restrictions on specific trading strategies: Limits on Martingale, news, and weekend trading
Pros
Softer risk criteria: Drawdown threshold up to 10%.
High leverage: Leverage levels up to 1:200.
Fast profit withdrawal: Variety of payment methods available.
Affordable fees: Access fees start at $49.
Extensive learning resources: Transparent and easy-to-learn operations.
Profit share of 75% to 95%: Depending on the task.
Overnight holding allowed: Enhances trading flexibility.
Weekend and news trading on Swing accounts: Greater trading freedom.
Transparent operations: Clear insight into business processes.
Diverse payment options: Ease of funds access and withdrawal.
Cons
❌ No free trial: Cannot test services without cost.
❌ Only virtual money accounts: Limits real-world trading experience.
❌ No futures trading: Trading options are restricted.
❌ Restrictions on specific trading strategies: Limits on Martingale, news, and weekend trading
More than 100,000 active traders have been working with them for many years and have not faced any problems, showing reliable performance.

The Funded Trader(TFT) brand story

Registered in the USA, TFT has distributed $55 million to traders since it was founded. It has a substantial user base, with more than 100,000 traders, and receives good ratings along with favourable reviews from its users. The company was founded in May 2021.
The firm and the trader in proprietary trading share a common goal: while the trader makes money from his activity, the proprietary firm makes a profit from the turnover of capital.

Services for traders

TFT provides clients with the opportunity to undergo a trading assessment to demonstrate their trading ability in a risk-free environment by making a one-off upfront payment. Upon successful completion of the assessment, traders are entitled to receive a portion of the profits from their Funded Account as outlined in the Terms of Use and Client Agreement.

Trading programmes and services

The company offers 5 unique programmes: Standard, Knight, Royal, Rapid and Dragon challenges.
Standard Challenge
The Standard Challenge consists of a two-phased evaluation process where a trader has unlimited days to pass the first phase and second phase of the challenge. In each phase, there are certain rules and objectives the trader must achieve and abide by in order to pass the challenge and earn a Funded Account. The Standard Challenge allows you to trade with leverage up to 1:200 during both evaluation phases and up to 1:100 once funded. Cost from $65.
The Funded Trader
Additional Details:
First Stage: No maximum number of trading days, but traders must trade at least three days to advance to the Second Stage.
Second Stage: Similar to the first, with no maximum number of trading days required, but traders must also trade at least three days to qualify for the funded account.
Funded Account: Upon completion of both evaluation stages, traders receive a funded account with no minimum withdrawal requirements. The first payout is processed 21 calendar days after the first position is placed on the funded account, with subsequent payouts possible every two weeks. Profit share varies from 80% to 90% depending on the profits generated on the funded account.
No Martingale: Use of Martingale strategies is prohibited.
No Weekend Holding: All trades must be closed by market close on Friday. Exceptions apply for the Swing Standard Challenge.
News trading: Trading on news and during the release of important events is prohibited.
Royal Challenge
Royal Challenge - this programme with a two-stage evaluation process is different in that it allows the use of Expert Advisors and weekend trading. The Royal Challenge has no lot size limits and requires a minimum of 5 trading days to achieve the goals set in both stages. The Royal Challenge allows you to trade with leverage up to 1:50. Cost from $60.
The Funded Trader
Additional Details:
Upon completing both evaluation stages, traders are granted a funded account.
Traders must adhere to the daily and total loss limits throughout all trading stages.
The first payout is processed 30 calendar days after the first position is placed on the funded account, with subsequent payouts occurring biweekly.
The profit share percentage varies between 75% and 90%, depending on the profits earned on the funded account.
Use of Martingale strategies is strictly forbidden during trading.
Traders can use advisors for their strategies.
Transactions may be moved to a weekend day.
Trading on news and during the release of important events is prohibited.
Rapid Challenge
Rapid Challenge is a two-stage evaluation programme that will allow you to receive your first payout in just 20 days! Simply select your desired amount of virtual capital and progress through the assessment by reaching your trading goals in stages one and two. There is no minimum number of trading days required for Rapid Challenge evaluation. The Rapid Challenge allows you to trade with leverage up to 1:100. Cost from $79.
The Funded Trader
Here's the evaluation process and trading rules for the challenge presented in a table format:
Additional Details:
Upon completing both evaluation stages, you receive a funded account without minimum withdrawal requirements.
All trades must comply with the daily and total loss limits throughout the trading period.
Profit payouts begin 14 calendar days after the first trade on the funded account and continue biweekly.
The trader's share of profits ranges from 80% to 90%, based on the performance on the funded account.
Usage of martingale strategies is strictly forbidden.
All trades must be closed by the market close on Friday.
Use of Expert Advisors during trading is prohibited.
Trading on news and during the release of important events is prohibited.
Knight Challenge
Knight Challenge offers traders a unique one-step evaluation process designed to test your full range of skills. You can receive your first payout as soon as 7 days after purchasing a Funded account. The Knight Challenge allows you to trade with leverage up to 1:30. Cost from $59.
The Funded Trader
Additional Details:
All trades must be closed by the market close on Friday.
The use of Expert Advisors during trading is allowed.
Trading on news and during the release of important events is prohibited.
Dragon Challenge
Dragon Challenge is a three-stage assessment programme designed to test your full range of skills, offering an additional test phase to provide a more affordable assessment that starts at just $49. The Dragon Challenge allows you to trade with leverage up to 1:100.
The Funded Trader
Additional Funded Account Details:
Withdrawal Requirements: None, with the first payout occurring 7 days after placing the first position.
Withdrawal Frequency: Weekly submissions possible.
Profit Split: Ranges from 75% to 95% based on the profits earned.
Scaling Options: Allows scaling maximum daily drawdown to 7% and maximum total drawdown to 12% upon reaching the funded status.
No Martingale: Use of Martingale strategies is strictly prohibited.
No Weekend Holding: All trades must be closed by Friday market close, except for Swing Dragon Challenge participants who can hold over the weekend.
Expert Advisors: The use of Expert Advisors during trading is allowed.
No News trading: Trading on news and during the release of important events is prohibited.
Each account type has 5 or 6 balance options. This determines the cost that a trader pays for the account. Traders can purchase one of the account types, namely with a balance of $5k, $10k, $25k, $50k, $100k or $200k. Each account size has its own rules, profit objectives and risk management requirements.

Unique features

The company's goal is to become the leading platform for expert traders around the world. It recognises that access to the necessary resources is a major barrier to progression in trading. To address this, the company provides a variety of financing options, allowing traders to choose the one that best suits their needs.

Firm offers traders the opportunity to split profits 80-95% depending on the type of account. The profit target varies depending on the account balance, but it ranges from $5,000 to $200,000.
Large account: One of the features of the company is a large funding account. Traders can manage up to $600,000 in TFT-funded accounts at a time; with a scaling programme, this amount can grow to $1.5 million.
Leverage: Take advantage of 1:200 leverage on forex pairs, allowing them to trade substantial positions.

How The Funded Trader works

Your entire journey at TFT world can be divided into 3 stages:

The Challenge -

Phase 1

In the first phase of evaluation, you must meet a profit target by trading in a simulated environment that mimics real market conditions. Successful completion of this phase will grant you access to a Phase 2 Simulated Account within 24 hours, advancing you towards a TFT Funded Account.

The Verification -

Phase 2

The second phase focuses on validating your trading skills. You will trade in a similar simulated setting, aiming to achieve a designated profit target. Upon meeting all objectives, your results are verified, moving you closer to obtaining a TFT Funded Account.

The Funded Trader - Phase 3

As a TFT Trader with a Funded Account, you can get up to 95% of profits and manage up to $600,000. After the challenge, you may combine accounts and expand your trading capacity to $1,500,000 following our scaling plan, maximizing your trading expertise.

Application Process

To access all of the extensive information and resources on the site you will need to register.To do this:

Go to the company's website via our link
Select the ‘Register’ menu in the upper right hand corner
Enter your details
The Funded Trader Official website
The Funded Trader

Getting Started

You can now submit your application, to do so:

Go to ‘Start Challenge’ and select the programme and account size you want.
Before you make a purchase, read the unique guidelines and objectives of this Challenge.
To proceed to the checkout page, click on the ‘Buy Challenge’ button in the programme of your choice.
Enter your payment information; if you are using cryptocurrency, stick to ERC20 network addresses.
Also choose the platform on which you will trade:
  • Platform 5 via Thaurus LTD
  • cTrader via Voyage Markets
  • DXtrade via Voyage Market (for USA)
The Funded Trader
After a couple of minutes, you will receive your account credentials in the welcome email and will be able to access the trading platform as well as the dashboard.
Before we issue any simulated savings account or simulated payout associated with the successful completion of our programmes, we require you to verify your identity and complete KYC/AML checks.

Once you start trading, remember the important points:

Manage your trades effectively to maximise profits. You'll be able to withdraw a percentage of the profits based on the terms of your agreement with the company.
Adhere to Ongoing Requirements: Maintain compliance with all trading rules and meet any required profit targets to continue trading with your funded account.
Rules
Participants are required to adhere to specific trading rules to maintain consistency and discipline. These rules encompass:

  • Trading solely during designated days and hours.
  • Refraining from trading over weekends.
  • Steering clear of trading during major news events.
  • Observing strict time limits on holding positions.

Traders must follow the broker's regulations regarding margin requirements and leverage limits. Any breach of these rules may lead to disqualification from the programme.

Traders must adhere to strict risk management rules, including a maximum daily loss limit of 3-5% and a maximum drawdown of 6-10%. These rules help ensure that traders don't take too much risk and ruin their accounts.

The programme also recommends that traders use stop losses to limit their losses and avoid holding positions overnight. Traders are advised to close their positions before the end of the trading day to avoid any unforeseen market events that could lead to significant losses.

Pricing and financial liabilities

The Funded Trader prides itself on transparency, providing detailed reports on trader performance and payouts. This level of transparency helps build trust in the trading community.

Price overview

​Below chart displays the commissions once you become Funded:

Additional fees

It is worth remembering that both the virtual daily drawdown and the violation of the virtual maximum drawdown on the account include simulated commissions and exchange fees.

Remember swap fees are a fee for holding a position in the forex market overnight, based on the interest rate differential between traded currencies. These fees vary by asset and depend on central bank rates, liquidity and market demand. Traders either pay or receive interest on overnight positions, which depends on the direction of the trade and the corresponding interest rate differential. The market rollover occurs daily at 5:00 p.m. Eastern Time.

Trading Platforms

TFT currently supports the following trading platforms for call and incentivised funded accounts:
  • 1
    Platform 5 from Thaurus LTD:
    only available to clients outside of the United States. This is the most current and newest platform from Metatrader and has inbuilt technical analysis, the ability to use Expert Advisors and automated trading.
  • 2
    cTrader via Voyage Markets:
    Available only to clients outside the US. A simple and popular trading platform that allows for a variety of order types and copy-trading. Easy to set up, available on any device both PC and mobile phone.
  • 3
    dxTrade via Voyage Markets:
    Available for US clients only.
    After launching the platform, log in using the provided credentials(username :TFT_XXXXXXX and password). You can find them under: Account Overview> Select Account> Credentials.

Training and support

The company shares our knowledge of trading and demonstrates our passion for the industry on a daily basis. Please join our community on Discord, Youtube and Instagram to keep up to date with the latest improvements and help us celebrate the community we have built together.

Traders get detailed and multifaceted materials for traders and the media: educational materials including video lessons, webinars, podcasts with successful traders and trading guides. Also, be sure to check out the TFT account information and trading rules in the knowledge base on the company's website.

Customer support systems

Support team is available 24 hours a day, 7 days a week to answer any trader's questions via multiple communication channels in English, French, Portuguese, Spanish:

Conclusion and recommendations

Funded Trader presents a platform to utilise traders expertise and trade without compromising their personal finances. As a proprietary trading company, they provide access to virtual funds up to $600,000 and trading programmes for simulated trades. This unique opportunity is an attractive choice for those who are savvy traders looking to generate income while reducing financial risk.

By giving traders the ability to manage significant virtual capital, Funded Trader opens the door to earning potential and professional growth. Become part of a thriving community of over 100,000 active clients already taking advantage of this revolutionary platform!

FAQ


Is The Funded Trader suitable for novice traders?

TFT offers challenges and opportunities that may require novice traders to learn. However, it can be a suitable platform for beginners who are willing to learn and adapt to its trading environment.

How does the firm provide a trading experience?

Prop trading uses a simulated trading environment that accurately mimics live market conditions, including aspects such as latency and static slippage, to provide a realistic trading experience for its participants.

What is the daily and total drawdown?

This is the amount you can afford to lose in a day or a month from your original balance. This threshold depends on the type of challenge you have chosen and is indicated in percent. For example, on a standard account the daily drawdown is 5% and the total drawdown is 10%.

Can I lose money while trading with a prop-firm?

Since traders are dealing with virtual funds in the challenges, there is no risk of losing personal capital. However, traders must manage the virtual funds effectively to avoid drawdowns and maximise their profit potential.

What happens if I break the trading rules?

Breaking the trading rules in any challenges may result in disqualification or failure of the challenge. Traders should strictly adhere to the rules set out for each challenge to avoid such outcomes.
You are on the website of partner companies; When you click on the buttons, you will be redirected to the official website of the company and will be able to register. We are not a financial institution and do not conduct any transactions. Here you will only find information about Prop Trading Firms, information about trading tools and instructions on how to use them.
RISK WARNING
Trading in financial markets involves risk. Forex and other financial contracts are complex financial instruments used for margin trading. Trading carries a high level of risk as leverage can work in your favor or against you. As a result, trading is not suitable for all investors due to the high risk of losing the invested capital. You should not risk more than you are willing to lose. Before trading, you must make sure that you understand all the risks and take them into account in conjunction with your level of experience when setting your investment goals.