Funding Traders Review: Is This Prop Firm Legit Or A Scam?

Funding Traders Review

Hello and welcome to my Funding Traders Review.

By landing on this page, you must be interested in knowing the real truth behind the Funding Traders.

Well, if you are planning to join the Funding Traders to explore your trading potential and build an income stream, this review is for you.

In this review, I expose to you everything you need to know before you can make your decision on the Funding Traders.

For instance, the prop firm claims to have the best profit share offering you up to 100% of the total profits you make in your trading.

This makes it the best-paying prop firm in the forex market with the shortest payout duration of only seven days for subsequent payments.

According to the Funding Traders, you trade bigger and get funded faster with the biggest share of your earnings.

As known by most prop firms, the companies do share the profits in the ratio of let’s say 80:20 where the trader gets the biggest share.

But in the case of Funding Traders, the company tries to convince you that all the profits you make are yours.

So, can you trust the Funding Traders with this profit share offer?

Before you trust them, read this review all the way through to uncover the truth.

It’ll help you make the right decision and reduce the risk, especially if you’re new to trading.

Now, let’s dive into it…

Table of Contents

Summary of Funding Traders Review

Name: Funding Traders

Type: Proprietary Firm

Founder: Stan G.

Evaluation Fee: Starts from $50 depending on the account size you choose.

Official Site: fundingtraders.com/

Overall Rating: 7/10

My Recommendation: Not for everyone; kindly read my review to see why

Funding Traders Review – Overview

Funding Traders Review

Funding Traders is a new player in the forex market, offering top-notch trading services.

What sets them apart is that traders can keep all their profits.

The prop firm ensures quick payouts, allowing traders to enjoy their funds and maximize their trades.

This approach has made them one of the top-performing prop firms in the forex market.

Additionally, they provide various account sizes ranging from $5,000 to $500,000, catering to both low-income and high-capacity traders.

For example, you can start with a $5,000 account for just a $50 one-time fee.

With their scaling plan, you can grow your account up to a maximum balance of $750,000, allowing you to trade more and earn higher profits toward financial freedom.

Pros Funding Traders

  • Offers up to 100% profit share.
  • Has a day payout system.
  • No time limit to trading.
  • Unlimited trading days
  • Zero commissions to traders
  • Allows news trading

Cons Of Funding Traders

  • Does not offer any free trial.
  • Has no refund policy.
  • The profit targets are too high.
  • Not for everyone

Who Should Sign Up With Funding Traders?

Funding Traders is looking for traders who want to make forex trade their career.

The prop firm targets to partner with highly skilled and talented traders across the world who can trade with their capital and earn profits.

You must also be consistent in your trading and can trade within their set of rules.

Also Read: Swift Funding Review

What Is Funding Traders?

Funding Traders Review

Funding Traders is a proprietary trading platform launched into the forex market in 2023 to empower traders to explore their trading potential.

The prop firm founded by Stan G, aims at reducing the increasing demand of capital to trade forex by most traders across the world.

According to the prop firm, most traders can earn profits and build income trading in the forex market.

What limits the traders is the capital they need to establish their trade in the forex market for them to earn their desired profits.

By providing traders with their capital in the different funding programs, the prop firm aims to help traders build their trading careers.

Apart from capital, the company provides you with more tools that are effective to be used in boosting your trade online.

You will also get free education on how to boost your knowledge in trading and other support you need to make your trading successful.

By providing you with the best trader support, the prop firm aims to take your trade to the next level in the platform.

Who Is The Founder Of Funding Traders?

Funding Traders Review

Stan G. is the founder and current CEO of Funding Traders.

He’s a seasoned professional with extensive experience on Wall Street.

How Do Funding Traders Work?

Funding Traders is a prop firm thereby offering you the capital you need to use in your trading and earn up to 100% profit share.

The prop firm claims to be the best in forex industries targeting to partner with all talented and skilled traders across the world.

To meet the trader’s requirements, the prop firm makes their services more reliable and available to everyone.

For instance, the prop firm promises to offer their traders the best customer support to ensure they all succeed in their trading journey.

In their support program, the prop firm offers you the best tools used to boost your trade to make you earn more.

You will also get the best trading education that aims to help you improve your trading skills to take your trade to the next level.

So, as their trusted trader, the platform promises to make your trading skills change your life forever.

The prop firm however takes a small capital from you to allow you access to their services.

My research also covered their pricing plans and gave a detailed explanation of the cost in the pricing section of this review.

Kindly go through the pricing section to learn more about the cost required of you to join the platform.

Upon joining the Funding Traders platform, there are many services contained in the program.

Important: Dei Funded Review

What Is Contained In Funding Traders?

The Funding Traders contains many aspects of trading which include:

The Funding Process

The funding process available in the Funding Traders platform is of two types determined by the funding program you choose.

One Step Challenge Funding program

In the one-step challenge funding program, you’ll only have a single-phase evaluation and a funded account.

After passing the one-stage evaluation, you’ll get the opportunity to move to the funded account.

Two-Step Challenge Funding Program

The Two-Step Challenge Funding Program is the most popular funding program used by most traders.

This funding program has a two-stage evaluation process that begins with the challenge and the verification stage.

Challenge Stage

The challenge stage is the first phase of the evaluation process where the prop firm requires you to showcase your trading skills.

To prove that you are talented in trading, the prop firm sets a profit target which you must pass for you to move to the next stage.

Funding traders also set other trading rules which you must also observe to test if you can trade within their conditions.

The challenge stage makes use of a demo account where you will be trading with virtual money and earning virtual profits.

This makes you worry less about losing real money in your trading journey in the market in case you are a beginner.

However, you will be trading in a real market with the same latency as a person trading with a live account.

The only difference is the type of money you use in your trading.

By passing these trading rules, you will automatically move to the next phase of your trading on the platform.

Verification Stage

This is the second and last stage of your evaluation process in the two-step funding program.

The verification stage also makes use of a demo account to showcase your trading skills and prove your consistency.

In this stage, the prop firm verifies if you truly passed your challenge before allowing you to trade with their capital.

For this reason, the prop firm reduces the profit target set in this stage but also requires you to observe the other trading rules.

By successfully passing your verification stage, you will get the opportunity to start trading with the company capital.

Funded Trader

As a funded trader, you’ll be trading with real funds in a live account and earning profits in the forex market.

This allows you to build an income especially if you are consistent in your trading and making more profits.

In the funded account stage, the prop firm still requires you to observe the other trading rules available on the platform.

In addition, the company promises to allow you to earn the best profit share in the market.

Important: Next Step Funded Review

How Do I Get Started With The Funding Traders?

Getting started with Funding Traders is as easy as joining any other platform and involves the following steps:

Step One: Registering to the platform

First, you’ll make your registration into the platform by submitting your details into the system.

This will allow you to join their membership team and access their services on the platform.

Step Two: Choose Your Funding Program

As stated earlier, the Funding Traders platform has two funding programs.

The funding programs include:

  • One step challenge funding program.
  • The two-step challenge funding program.

The type of funding program you choose will determine the evaluation process you will phase in the platform.

It will also determine the pricing you are expected to pay in the platform for you to own an account.

Step Three: Choose Your Account Size

The next stage is to choose your account size from your funding program.

The account size you will choose will determine your funding capital in the platform.

For instance, if you choose a higher trading account size, you will get the opportunity to trade with the corresponding high capital in the funded account.

The available account balance includes:

  • $5,000 account size.
  • $10,000 account size.
  • $25,000 account size.
  • $100,000 account size.
  • $200,000 account size.
  • $300,000 account size.
  • $500,000 account size.

Step Four: Make Your Payment

After choosing your preferred account size, the next step is to make your payment.

The prop firm promises to take the shortest time possible to process your payment and provide you with your account credentials.

According to the platform, the payment processing will take less than two working days to complete.

You will then receive your account logins via email.

Step Five: Start Your Challenge

After receiving your account logins, you will get the opportunity to start your trading journey on the platform.

This will enable you to begin your trading career in the platform by starting your evaluation process in the platform.

In addition, you will start getting other services from the platform including trading tools, educational resources, and much more.

On the other hand, you will start facing the trading rules available on the platform.

What Are The Trading Rules Used In Funding Traders?

Funding Traders Review

The trading rules set in the Funding Traders platform are determined by the funding program you choose;

One Step Challenge Funding Program Trading Rules;

Profit Targets

The one-step challenge funding program only has a single-phase evaluation with a profit target set at 10%.

Upon reaching the set profit target, you will get the opportunity to move to a funded account that has no profit target set.

Maximum trading period

The prop firm offers unlimited trading days for their traders.

This means that you can trade in the platform for your entire lifetime provided you respect their trading rules.

On the other hand, you will have the opportunity to spend more time to effectively pass your evaluation process.

Minimum Trading Days

The minimum trading days in the platform are set at zero.

This means that you can spend the shortest time possible to pass your evaluation and move to a funded account.

The time you will take to pass a single stage therefore depends on your level of experience and the trading speed.

Trading leverage

The Funding Traders platform allows you to trade with a maximum leverage of 1:100.

Maximum Daily loss

The maximum daily loss in the platform is set at 4% calculated based on the original balance.

For instance, when you are trading on a $10,000 account size, your daily drawdown will be set at 400.

You are not permitted to lose more than $400 in a single day which applies for both the evaluation and funded account stage.

Maximum overall loss

The maximum overall loss is set at 5% for both the evaluation stage and the funded account calculated based on the initial account balance.

For instance, if you are trading on a $10,000 account size, you are not permitted to lose more than $500 in your entire trading journey.

Weekend Holding

Funding Traders platform allows you to hold your trading during the weekend if you wish to do so.

News Trading

The Funding Traders prop firm allows you to trade news if you wish to do so.

Profit share

The Funding Traders offers you the best profit share of up to 100% of the total profits you make from your trading.

Two Step Challenge Funding Program Trading Rules;

Profit Targets

The two-step challenge funding program has a phase evaluation with a profit target set as follows.

In the first phase the profit target is set at 10% while in the second phase also known as the verification stage, the profit target is set at 5%.

Upon reaching the set profit target, you will get the opportunity to move to a funded account that has no profit target set.

Maximum trading period

The prop firm offers unlimited trading days for their traders.

This means that you can trade in the platform for your entire lifetime provided you respect their trading rules.

On the other hand, you’ll have the opportunity to spend more time to effectively pass your evaluation process.

Minimum Trading Days

The minimum trading days in the platform are set at zero.

This means that you can spend the shortest time possible to pass your evaluation and move to a funded account.

The time you will take to pass a single stage therefore depends on your level of experience and the trading speed.

Trading leverage

The Funding Traders platform allows you to trade with a maximum leverage of 1:100.

Maximum Daily loss

The maximum daily loss in the platform is set at 5% calculated based on the original balance.

For instance, when you are trading on a $10,000 account size, your daily drawdown will be set at $500.

You are not permitted to lose more than $500 in a single day which applies for both the evaluation and funded account stage.

Maximum overall loss

The maximum overall loss is set at 10% for both evaluation stages and funded accounts calculated based on the initial account balance.

For instance, if you are trading on a $10,000 account size, you are not permitted to lose more than $1,000 in your entire trading journey.

Weekend Holding

Funding Traders platform allows you to hold your trading during the weekend if you wish to do so.

You are also free to hold your trades overnight if you wish to do so.

News Trading

The Funding Traders prop firm allows you to trade news if you wish to do so.

Profit share

The Funding Traders offers you the best profit share of up to 100% of the total profits you make from your trading.

What Is Funding Traders Scaling Plan?

Funding Traders allows you to grow your account through their scaling plan.

To qualify for the Funding Traders scaling plan, you must maintain a profit target of 10% in your funded account for at least three months.

You will then have your account size scaled by up to 25% of the original account balance.

This enables you to increase your trading capital to a maximum balance of $75,000 on the platform.

What Trading Instruments Are Allowed In Funding Traders?

The Funding Traders prop firm allows you to trade various instruments which include:

  • Forex pairs.
  • Cryptocurrencies
  • Indices
  • Commodities

What Is The Cost Of Joining The Funding Traders?

The cost of joining the Funding Traders platform is determined by the account size you choose.

However, the prices of the account sizes are similar in both the One-step challenge funding program and two-step challenge funding programs.

Here are the account sizes with their corresponding account sizes.

  • $5,000 account size costs $50.
  • $10,000 account size costs $100.
  • $25,000 account size costs $200.
  • $50,000 account size costs $300
  • $100,000 account size costs $550.
  • $200,000 account size costs $1,000.
  • $300,000 account size costs $1,500.
  • $500,000 account size costs $2,500.

What Payouts System Is Used By Funding Traders?

In this payout system, you can request your first withdrawal after fourteen days of making your initial trade on the platform.

The countdown begins from the day you place that first trade in your funded account.

The processing time for the payment is a maximum of two business days.

After the first successful payout, you can then make subsequent withdrawals every seven days.

To ensure a successful payout, your account balance needs to be higher than the initial balance, meaning you must have earned profits and have no open trades during the withdrawal.

Funding Traders enables you to earn up to 100% of your total profits.

They use a copy trading method to mirror your successful trades, allowing them to earn a profit similar to yours.

This approach gives the prop firm one of the best profit-sharing systems in the forex market, making it easy for you to grow your account size.

What Are The Payment Methods Used In Funding Traders?

Funding Traders Review

There are a variety of payment methods used the Funding Traders which include:

Is Funding Traders A Scam?

In my own view, the Funding Traders platform is not a scam.

Funding Traders offers a unique opportunity to turn your trading talent into a long-term career and create an income stream using their capital.

It stands out as the best-paying prop firm in the forex market since it allows you to keep all your profits — an uncommon practice among prop firms, based on my research.

Apart from the financial benefits, the prop firm provides additional tools and educational services to elevate your trading skills.

This support increases your chances of achieving financial freedom by trading with their capital.

The payout system is favorable, allowing you to access your profits every seven days.

By qualifying for their scaling plan, you can even trade with a maximum capital of up to $2,000,000, maximizing your potential earnings.

However, it’s important to note that the prop firm is selective and partners with talented and skilled traders who consistently follow their rules.

They use a one-step and two-stage evaluation process to assess your trading skills and ability to adhere to their platform rules.

Failing to meet their profit target or breaking any rules may result in the termination of your account, limiting your opportunity to build a trading career with the company.

My Assessment Of Funding Traders

Profits Split: 10/10

Funding Traders have the best profit share in the forex market allowing you to keep 100% of your profits.

For this reason, you’ll be able to withdraw all the profits you get from your trade on the platform.

This makes it the best-paying prop firm in the forex market.

Scaling Opportunities: 9/10

Funding Traders platform has the best scaling opportunities that allow you to easily grow your trading account balance.

According to the scaling plan, you will have your account size increased by 25% of the original size in the platform.

This allows you to trade with higher capital in the platform and earn the best from your trading exercise.

Profits Targets: 7/10

The profit targets are not as realistic as in the case of most prop firms in the forex market.

Other prop firms have their profit targets much less times less than 10%.

For the Funding Traders, you must reach 10% which makes their evaluation process difficult to pass for beginners.

Affordability: 6/10

The Funding Traders platform is much more affordable with their account size going for as low as $50.

This makes them affordable for both low-income investors and traders who can manage to purchase a higher account size.

Trader Supports: 7/10

The Funding Traders platform offers the best customer support that enables you to minimize the chances of losing your trades.

You need to make your request and get the quickest response from their support team on the platform.

Tradable Assets: 8/10

There are various assets you can trade in the platform allowing you to trade your favorite.

This increases your chances of success on the platform.

Trustworthiness: 7/10

The prop firm has a confirmed payout with an excellent rating on the trust pilot platform.

My Overall Rating: 7/10

What Are People Saying

The Funding Traders Trustpilot

The Funding Traders have an excellent rating of 4.5/5 on the Trustpilot platform from a sample of 323 reviewers (February 3, 2024)

Funding Traders Review

With 89% of the 322 reviewers giving Funding Traders a five-star rating, it seems like a highly regarded platform among its users.

Funding Traders Review

FAQs About Funding Traders

How Much Can I Make From My Trading With Funding Traders?

The amount you can make from your trading with the Funding Traders capital is undefined and depends on your skills of trading.

If you are highly profitable you will make even more than $20,000 a month as your own profits in the forex market.

The earnings are also determined by your account size with traders with higher account sizes expecting more earnings.

Can I Merge My Trading Accounts with The Funding Traders?

You are free to merge your trading accounts in the funded stage if you wish to do so under the following conditions.

First, your total account balance after merging must not exceed the maximum allocation which is $2,000,000.

In addition, there must be no open trade in the two accounts at the time of merging in the platform.

Are There Any Age Restrictions In The Funding Traders?

The prop firm does not necessarily restrict anyone from joining their platform irrespective of your age.

However, for you to be allowed to trade, you must be at least 18 years of age which will also enable you to get paid.

So, to be on the safer side, just ensure you are at least 18 years old before you can join the platform.

What Is The Maximum Capital I Can Trade With In The Funding Traders?

The maximum capital you can trade within the platform is set at $750,000 for the normal account sizes.

For the premium plans, the maximum allocation is increased to $2,000,000 allowing you to trade with a higher capital.

So, if you want to trade with higher capital, you can consider going for the premium plans in the platform.

How Long Can I Take To Reach The Funded Account Stage In The Funding Traders?

The time it will take you to reach the funded stage depends on the funding program you choose and your trading speed.

The platform sets its minimum trading days to zero which means you can take as little as one day to move to a funded account.

However, if you lack trading experience, you may take a much longer time to reach the funded account stage.

Thank you for reading my Funding Traders Review.

If you’ve any additional questions, feel free to leave your comment in the section below.

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