Plane Archives - Forex Prop Reviews https://forexpropreviews.com/withdrawal-method/plane/ We provide reviews, ratings, and the latest news for Proprietary Trading Firms. Thu, 17 Apr 2025 09:47:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://forexpropreviews.com/wp-content/uploads/2021/04/cropped-Icon-1-32x32.png Plane Archives - Forex Prop Reviews https://forexpropreviews.com/withdrawal-method/plane/ 32 32 E8 Markets Review (5% Discount Code: FOREXPROPREVIEWS) https://forexpropreviews.com/Proprietary-Trading-Firm/e8-markets/?utm_source=rss&utm_medium=rss&utm_campaign=e8-markets https://forexpropreviews.com/Proprietary-Trading-Firm/e8-markets/#comments Thu, 01 Sep 2022 20:00:00 +0000 https://forexpropreviews.com/?post_type=casino&p=3000 E8 Markets promotes the success of its traders in their professional journeys. The primary expectation from clients is that they exhibit discipline, effectively manage risk, and prioritize long-term consistency. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $400,000 and receive up to 95% profit splits. This […]

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E8 Markets promotes the success of its traders in their professional journeys. The primary expectation from clients is that they exhibit discipline, effectively manage risk, and prioritize long-term consistency. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $400,000 and receive up to 95% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.

Who are E8 Markets?

E8 Markets is a proprietary trading firm with the legal name E8 Funding LLC that was incorporated on the 5th of November, 2021. They are located in Dallas, Texas, as well as in Prague in the Czech Republic, and are being managed by CEO Dylan Elchami. E8 Markets provides traders with the opportunity to choose between five account types, a two-step evaluation, two three-step evaluations, and two one-step evaluations, as well as an opportunity to customize their two-step, both three-step or the E8 One one-step programs while being partnered with Virtual Markets and a tier-1 liquidity provider with the best simulated real market trading conditions as their broker.

E8 Markets’ headquarters are located at 100 Crescent Ct, Unit 700, Dallas, TX 75201, United States.

Who is the CEO of E8 Markets?

Dylan Elchami, the visionary behind E8 Markets, aimed to establish a distinctive and accessible avenue for individuals to evolve into professionally funded traders, overseeing capital from any location worldwide. He not only achieved this objective but also remains dedicated to enhancing E8 Markets’ services and terms, consistently drawing in more traders to join his exclusive trading firm.

At the forefront of his industry priorities is his commitment to simplifying the trading journey for individuals by fostering strategic partnerships and delivering cutting-edge software solutions. To ensure traders enjoy the optimal experience, he maintains in-house engineers who work diligently to provide the best possible support at all times.

Anyone interested in following Dylan Elchami can do so by following his LinkedIn.

Video Review

Funding Program Options

E8 Markets provides its traders with five unique funding program options:

  • E8 Classic
  • E8 Track
  • E8 Track 1:1
  • E8 One
  • E8 Pro

E8 Classic

E8 Markets’ E8 Classic provides traders the opportunity to manage account sizes ranging from $5,000 up to $100,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The E8 Classic allows you to trade with up to 1:50 leverage.

Account SizePrice
$5,000$59
$10,000$110
$25,000$228
$50,000$338
$100,000$588

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.

Evaluation phase two requires a trader to reach a profit target of 4% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to funded status, you are only required to reach the 4% profit target without breaching the maximum daily or maximum loss limit rules.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 4% maximum daily loss and 8% maximum loss rules. Your first payout is 8 calendar days from the day you place your first position on your funded account, while all other withdrawals can be submitted bi-weekly. Your profit split will be 80% based on the profit you make on your funded account. You should also note that your maximum loss rule increases by +1% with each successful withdrawal you receive to a maximum of 14%.

E8 Classic Scaling Plan

The E8 Classic also has a scaling plan. You increase your balance by requesting a profit split at the end of each trading period. E8 Markets will send you an 80% profit split based on the profit you managed to generate on your funded account and add back the balance before the withdrawal to increase your account size accordingly.

Example:

  1. If you are trading a $100,000 account and you make a profit of 10% ($10,000).
  2. Your new account balance is $110,000.
  3. After you request a profit split, you will receive a payout of $8,000 (80% profit split of the $10,000 generated profit)
  4. And since you made a profit of $10,000 on your $100,000 funded account, you will continue trading with $110,000.

E8 Classic Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 4%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a customizable maximum daily loss of 4%.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a customizable maximum loss of 8%. (Scaleable up to 14%)
  • No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news. (Only on funded accounts)
  • No Trade Copiers – This implies that traders are prohibited from utilizing the services of Trade Copiers while engaged in trading activities. (Only during both evaluation phases)

E8 Track

E8 Markets’ E8 Track provides traders the opportunity to manage account sizes ranging from $10,000 up to $400,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the three-step evaluation period. The E8 Track allows you to trade with up to 1:50 leverage.

Account SizePrice
$10,000$59
$25,000$138
$50,000$208
$100,000$358
$200,000$598
$400,000$1,188

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.

Evaluation phase two requires a trader to reach a profit target of 4% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to phase three, you are only required to reach the 4% profit target without breaching the maximum daily or maximum loss limit rules.

Evaluation phase three also requires a trader to reach a profit target of 4% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase three. To proceed to funded status, you are only required to reach the 4% profit target without breaching the maximum daily or maximum loss limit rules.

By completing all three evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 4% maximum daily loss and 8% maximum loss rules. Your first payout is 8 calendar days from the day you place your first position on your funded account, while all other withdrawals can be submitted bi-weekly. Your profit split will be 80% based on the profit you make on your funded account. You should also note that your maximum loss rule increases by +1% with each successful withdrawal you receive to a maximum of 14%.

E8 Track Scaling Plan

The E8 Track also has a scaling plan. You increase your balance by requesting a profit split at the end of each trading period. E8 Markets will send you an 80% profit split based on the profit you managed to generate on your funded account and add back the balance before the withdrawal to increase your account size accordingly.

Example:

  1. If you are trading a $200,000 account and you make a profit of 10% ($20,000).
  2. Your new account balance is $220,000.
  3. After you request a profit split, you will receive a payout of $16,000 (80% profit split of the $20,000 generated profit)
  4. And since you made a profit of $20,000 on your $200,000 funded account, you will continue trading with $220,000.

E8 Track Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 and Phase 3 require reaching a profit target of 4%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a customizable maximum daily loss of 4%.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a customizable maximum loss of 8%. (Scaleable up to 14%)
  • No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news. (Only on funded accounts)
  • No Trade Copiers – This implies that traders are prohibited from utilizing the services of Trade Copiers while engaged in trading activities. (Only during all three evaluation phases)

E8 Track 1:1

E8 Markets’ E8 Track 1:1 provides traders the opportunity to manage account sizes ranging from $10,000 up to $400,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the three-step evaluation period. The E8 Track 1:1 allows you to trade with up to 1:50 leverage.

Account SizePrice
$10,000$59
$25,000$138
$50,000$208
$100,000$358
$200,000$598
$400,000$1,188

Evaluation phase one requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 5% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 5% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to phase three, you are only required to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.

Evaluation phase three also requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 5% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase three. To proceed to funded status, you are only required to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.

By completing all three evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5% maximum daily loss and 5% maximum loss rules. Your first payout is 8 calendar days from the day you place your first position on your funded account, while all other withdrawals can be submitted bi-weekly. Your profit split will be 80% based on the profit you make on your funded account. You should also note that your maximum loss rule increases by +1% with each successful withdrawal you receive to a maximum of 14%.

E8 Track 1:1 Scaling Plan

The E8 Track 1:1 also has a scaling plan. You increase your balance by requesting a profit split at the end of each trading period. E8 Markets will send you an 80% profit split based on the profit you managed to generate on your funded account and add back the balance before the withdrawal to increase your account size accordingly.

Example:

  1. If you are trading a $200,000 account and you make a profit of 10% ($20,000).
  2. Your new account balance is $220,000.
  3. After you request a profit split, you will receive a payout of $16,000 (80% profit split of the $20,000 generated profit)
  4. And since you made a profit of $20,000 on your $200,000 funded account, you will continue trading with $220,000.

E8 Track 1:1 Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 and Phase 3 require reaching a profit target of 4%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a customizable maximum daily loss of 5%.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a customizable maximum loss of 5%. (Scaleable up to 14%)
  • No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news. (Only on funded accounts)
  • No Trade Copiers – This implies that traders are prohibited from utilizing the services of Trade Copiers while engaged in trading activities. (Only during all three evaluation phases)

E8 One

E8 Markets E8 One provides traders with the opportunity to manage account sizes ranging from $5,000 up to $400,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The E8 One allows you to trade with leverage up to 1:30.

Account SizePrice
$5,000$48
$10,000$88
$25,000$188
$50,000$288
$100,000$488
$200,000$798
$400,000$1,598

The evaluation phase requires a trader to reach a profit target of 10% while not surpassing their 4% maximum daily loss or 6% maximum trailing loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to funded status, you are only required to reach the 10% profit target without breaching the maximum daily or maximum trailing loss limit rules.

By completing the evaluation phase, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 4% maximum daily loss and 6% maximum trailing loss rules. Your first payout on your funded account is on-demand with no minimum amount and no minimum trading day requirements, while all other withdrawals can also be submitted on an on-demand basis. Your profit split will be 80% based on the profit you make on your funded account.

E8 One Scaling Plan

The E8 One also has a scaling plan. You increase your balance by requesting a profit split at the end of each trading period. E8 Markets will send you an 80% profit split based on the profit you managed to generate on your funded account and add back the balance before the withdrawal to increase your account size accordingly.

Example:

  1. If you are trading a $100,000 account and you make a profit of 10% ($10,000).
  2. Your new account balance is $110,000.
  3. After you request a profit split, you will receive a payout of $8,000 (80% profit split of the $10,000 generated profit)
  4. And since you made a profit of $10,000 on your $100,000 funded account, you will continue trading with $110,000.

E8 One Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 10%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a customizable maximum daily loss of 4%.
  • Maximum Trailing Loss – The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. All account sizes have a maximum trailing loss of 6%.
  • No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news. (Only on funded accounts)
  • No Trade Copiers – This implies that traders are prohibited from utilizing the services of Trade Copiers while engaged in trading activities. (Only during the evaluation phase)

E8 Pro

E8 Markets E8 Pro provides traders with the opportunity to manage account sizes ranging from $10,000 up to $200,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The E8 Pro allows you to trade with leverage up to 1:50.

Account SizePrice
$10,000$59
$25,000$118
$50,000$228
$100,000$398
$200,000$798

The evaluation phase requires a trader to reach a profit target of 8% while not surpassing their 2% daily pause or 8% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during the evaluation phase. However, you are required to trade a minimum of four trading days in order to proceed to a funded account since there is a maximum daily profit cap of 2%.

By completing the evaluation phase, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 2% daily pause and 8% maximum loss rules. Additionally, you also have a maximum daily profit cap of 2%. Your first payout is 7 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted on a weekly basis. Your profit split will be 80% based on the profit you make on your funded account.

E8 Pro Scaling Plan

The E8 Pro also has a scaling plan. You increase your balance by requesting a profit split at the end of each trading period. E8 Markets will send you an 80% profit split based on the profit you managed to generate on your funded account and add back the balance before the withdrawal to increase your account size accordingly.

Example:

  1. If you are trading a $100,000 account and you make a profit of 10% ($10,000).
  2. Your new account balance is $110,000.
  3. After you request a profit split, you will receive a payout of $8,000 (80% profit split of the $10,000 generated profit)
  4. And since you made a profit of $10,000 on your $100,000 funded account, you will continue trading with $110,000.

E8 Pro Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 8%. Funded accounts do not have any specified profit targets.
  • Daily Pause – The maximum amount a trader is allowed to lose in a single trading day without triggering the daily pause. When the daily pause is hit, all open trades get closed, and the account remains disabled until the next trading day. All account sizes have a daily pause of 2%.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 8%.
  • No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news. (Only on funded accounts)
  • No Trade Copiers – This implies that traders are prohibited from utilizing the services of Trade Copiers while engaged in trading activities. (Only during the evaluation phase)

Customizable Evaluation Options

Trading ObjectivesObjective Values
Account Size (E8 Classic)$5,000; $10,000; $15,000; $20,000; $25,000; $30,000; $35,000; $40,000; $45,000; $50,000; $55,000; $60,000; $65,000; $70,000; $75,000; $80,000; $85,000; $90,000; $95,000; $100,000
Account Size (E8 Track & E8 Track 1:1)$10,000; $15,000; $20,000; $25,000; $30,000; $35,000; $40,000; $45,000; $50,000; $55,000; $60,000; $65,000; $70,000; $75,000; $80,000; $85,000; $90,000; $95,000; $100,000; $105,000; $110,000; $115,000; $120,000; $125,000; $130,000; $135,000; $140,000; $145,000; $150,000; $155,000; $160,000; $165,000; $170,000; $175,000; $180,000; $185,000; $190,000; $195,000; $200,000; $205,000; $210,000; $215,000; $220,000; $225,000; $230,000; $235,000; $240,000; $245,000; $250,000; $255,000; $260,000; $265,000; $270,000; $275,000; $280,000; $285,000; $290,000; $295,000; $300,000; $305,000; $310,000; $315,000; $320,000; $325,000; $330,000; $335,000; $340,000; $345,000; $350,000; $355,000; $360,000; $365,000; $370,000; $375,000; $380,000; $385,000; $390,000; $395,000; $400,000
Account Size (E8 One)$5,000; $10,000; $15,000; $20,000; $25,000; $30,000; $35,000; $40,000; $45,000; $50,000; $55,000; $60,000; $65,000; $70,000; $75,000; $80,000; $85,000; $90,000; $95,000; $100,000; $105,000; $110,000; $115,000; $120,000; $125,000; $130,000; $135,000; $140,000; $145,000; $150,000; $155,000; $160,000; $165,000; $170,000; $175,000; $180,000; $185,000; $190,000; $195,000; $200,000; $205,000; $210,000; $215,000; $220,000; $225,000; $230,000; $235,000; $240,000; $245,000; $250,000; $255,000; $260,000; $265,000; $270,000; $275,000; $280,000; $285,000; $290,000; $295,000; $300,000; $305,000; $310,000; $315,000; $320,000; $325,000; $330,000; $335,000; $340,000; $345,000; $350,000; $355,000; $360,000; $365,000; $370,000; $375,000; $380,000; $385,000; $390,000; $395,000; $400,000
Maximum Daily Loss3%, 3.5%, 4%, 4.5%, 5%, 5.5%, 6%, 6.5%, 7%
Maximum Loss6%, 7%, 8%, 9%, 10%, 11%, 12%, 13%, 14%
Maximum Trailing Loss (E8 One)6%, 7%, 8%, 9%, 10%, 11%, 12%, 13%, 14%
Maximum Daily & Maximum Loss (E8 Track 1:1)3%, 4%, 5%, 6%, 7%, 8%
Profit Split40%, 50%, 60%, 70%, 80%, 90%, 100%
Funding Program Price RangeE8 Classic: $37 up to $1,167
E8 Track: $37 up to $2,357
E8 Track 1:1: $37 up to $1,916
E8 One: $33 up to $3,567

What Makes E8 Markets Different From Other Prop Firms?

E8 Markets differs from most industry-leading prop firms due to offering five unique account types: a two-step evaluation, two three-step evaluations, and two one-step evaluations. In addition, they also provide numerous favorable features, such as drawdown scaling, an unlimited trading period, no minimum trading day requirements (Except E8 Pro), a first withdrawal after only 8 calendar days (E8 Classic & both E8 Track account types), a first withdrawal after only 7 calendar days (E8 Pro), on-demand payouts (E8 One), two affordable E8 Track evaluations, and an opportunity to customize your two-step, both three-step or the E8 One one-step programs.

E8 Markets’ E8 Classic is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 8% in phase one and 4% in phase two, with a 4% maximum daily and 8% maximum loss rules. You also have no minimum or maximum trading day requirements during both evaluation phases. The E8 Classic also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the E8 Classic stands out mainly for having an unlimited trading period, no minimum trading day requirements, a drawdown scaling account feature, a first withdrawal after only 8 calendar days, and an opportunity to customize your two-step program.

Example of comparison between E8 Markets & Fintokei

Trading ObjectivesE8 MarketsFintokei
Phase 1 Profit Target8%8%
Phase 2 Profit Target4%5%
Maximum Daily Loss4%5%
Maximum Loss8% (Scaleable up to 14%)10%
Minimum Trading DaysNo Minimum Trading Days3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%80% up to 95%

Example of comparison between E8 Markets & Funded Trading Plus

Trading ObjectivesE8 MarketsFunded Trading Plus (Advanced)
Phase 1 Profit Target8%10%
Phase 2 Profit Target4%5%
Maximum Daily Loss4%5%
Maximum Loss8% (Scaleable up to 14%)10% (Trailing)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%80% up to 100%

Example of comparison between E8 Markets & FundedNext

Trading ObjectivesE8 MarketsFundedNext (Stellar)
Phase 1 Profit Target8%8%
Phase 2 Profit Target4%5%
Maximum Daily Loss4%5%
Maximum Loss8% (Scaleable up to 14%)10%
Minimum Trading DaysNo Minimum Trading Days5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%80% up to 95%

E8 Markets’ E8 Track is a three-step evaluation that requires traders to successfully complete three phases before becoming eligible for payouts. The profit target is 8% in phase one and 4% in phases two and three, with a 4% maximum daily and 8% maximum loss rules. You also have no minimum or maximum trading day requirements during all three evaluation phases. The E8 Track also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the E8 Track stands out mainly for having an unlimited trading period, a drawdown scaling account feature, a first withdrawal after only 8 calendar days, affordable evaluation fees, and an opportunity to customize your three-step program.

Example of comparison between E8 Markets & The Funded Trader

Trading ObjectivesE8 MarketsThe Funded Trader
Phase 1 Profit Target8%8%
Phase 2 Profit Target4%5%
Phase 3 Profit Target4%5%
Maximum Daily Loss4%5% (Scaleable up to 7%)
Maximum Loss8% (Scaleable up to 14%)10% (Scaleable up to 12%)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split80%75% up to 95%

Example of comparison between E8 Markets & The5ers

Trading ObjectivesE8 MarketsThe5ers (Bootcamp)
Phase 1 Profit Target8%6%
Phase 2 Profit Target4%6%
Phase 3 Profit Target4%6%
Maximum Daily Loss4%❌ (3% Daily Pause Once Funded)
Maximum Loss8% (Scaleable up to 14%)5% (4% Once Funded)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split80%50% up to 100%

Example of comparison between E8 Markets & MyFundedFX

Trading ObjectivesE8 MarketsMyFundedFX
Phase 1 Profit Target8%6%
Phase 2 Profit Target4%6%
Phase 3 Profit Target4%6%
Maximum Daily Loss4%4%
Maximum Loss8% (Scaleable up to 14%)8%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split80%80%

E8 Markets’ E8 Track 1:1 is a three-step evaluation that requires traders to successfully complete three phases before becoming eligible for payouts. The profit target is 5% in phase one, 5% in phase two, and 5% in phase three, with a 5% maximum daily and 5% maximum loss rules. You also have no minimum or maximum trading day requirements during all three evaluation phases. The E8 Track 1:1 also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the E8 Track 1:1 stands out mainly for having an unlimited trading period, no minimum trading day requirements, a drawdown scaling account feature, a first withdrawal after only 8 calendar days, affordable evaluation fees, and an opportunity to customize your three-step program.

Example of comparison between E8 Markets & FXIFY

Trading ObjectivesE8 MarketsFXIFY
Phase 1 Profit Target5%5%
Phase 2 Profit Target5%5%
Phase 3 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss5% (Scaleable up to 14%)5%
Minimum Trading DaysNo Minimum Trading Days5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split80%75% up to 90%

Example of comparison between E8 Markets & RebelsFunding

Trading ObjectivesE8 MarketsRebelsFunding
Phase 1 Profit Target5%5%
Phase 2 Profit Target5%5%
Phase 3 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss5% (Scaleable up to 14%)10%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days (5 Minimum Trades)
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split80%80% up to 90%

Example of comparison between E8 Markets & Funding Pips

Trading ObjectivesE8 MarketsFunding Pips
Phase 1 Profit Target5%5%
Phase 2 Profit Target5%5%
Phase 3 Profit Target5%5%
Maximum Daily Loss5%4% (Scaleable up to 6%)
Maximum Loss5% (Scaleable up to 14%)6% (Scaleable up to 10%)
Minimum Trading DaysNo Minimum Trading Days3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split80%80% up to 100% + Monthly Salary

E8 Markets’ E8 One is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 10%, with a 4% maximum daily and 6% maximum trailing loss rules. You also have no minimum or maximum trading day requirements during the evaluation phase. The E8 One also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the E8 One stands out mainly for having an unlimited trading period, no minimum trading day requirements, a first withdrawal from day one after achieving funded status, on-demand future withdrawals, and an opportunity to customize your three-step program.

Example of comparison between E8 Markets & Funded Trading Plus

Trading ObjectivesE8 MarketsFunded Trading Plus
Profit Target10%10%
Maximum Daily Loss4%4%
Maximum Loss6% (Trailing)6% (Trailing)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%80% up to 100%

Example of comparison between E8 Markets & Funding Pips

Trading ObjectivesE8 MarketsFunding Pips
Profit Target10%10%
Maximum Daily Loss4%4% (Scaleable up to 6%)
Maximum Loss6% (Trailing)6% (Scaleable up to 10%)
Minimum Trading DaysNo Minimum Trading Days3 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%80% up to 100% + Monthly Salary

Example of comparison between E8 Markets & Blue Guardian

Trading ObjectivesE8 MarketsBlue Guardian
Profit Target10%10%
Maximum Daily Loss4%4%
Maximum Loss6% (Trailing)6% (Trailing)
Minimum Trading DaysNo Minimum Trading Days3 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%85%

E8 Markets’ E8 Pro is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 8%, with a 2% daily pause and 8% maximum loss rules. You also have no maximum trading day requirements during the evaluation phase. However, you are required to trade for a minimum of 4 calendar days during the evaluation phase since there is a maximum daily profit cap of 2%. The E8 Pro also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the E8 Pro stands out mainly for having an unlimited trading period, a drawdown scaling account feature, a first withdrawal after only 7 calendar days, and weekly future payouts.

Example of comparison between E8 Markets & PipFarm

Trading ObjectivesE8 MarketsPipFarm (Static)
Profit Target8%12%
Maximum Daily Loss❌ (2% Daily Pause)3%
Maximum Loss8%6%
Minimum Trading Days4 Calendar Days3 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%70% up to 95%

Example of comparison between E8 Markets & Goat Funded Trader

Trading ObjectivesE8 MarketsGoat Funded Trader
Profit Target8%10%
Maximum Daily Loss❌ (2% Daily Pause)4%
Maximum Loss8%6%
Minimum Trading Days4 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%80% up to 95%

Example of comparison between E8 Markets & FTUK

Trading ObjectivesE8 MarketsFTUK
Profit Target8%10%
Maximum Daily Loss❌ (2% Daily Pause)4%
Maximum Loss8%8% (Trailing)
Minimum Trading Days4 Calendar Days4 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%50% up to 80%

In conclusion, E8 Markets differs from other industry-leading prop firms by offering five unique account types: a two-step evaluation, two three-step evaluations, and two one-step evaluations. In addition, they also provide numerous favorable features, such as drawdown scaling, an unlimited trading period, no minimum trading day requirements (Except E8 Pro), a first withdrawal after only 8 calendar days (E8 Classic & both E8 Track account types), a first withdrawal after only 7 calendar days (E8 Pro), on-demand payouts (E8 One), two affordable E8 Track evaluations, and an opportunity to customize your two-step, both three-step or the E8 One one-step programs.

Is Getting E8 Markets Capital Realistic?

It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.

  • Receiving capital from the E8 Classic is realistic primarily due to its relatively modest profit targets (8% in phase one and 4% in phase two) coupled with slightly below-average maximum loss rules (4% maximum daily and 8% maximum loss, scaleable up to 14%). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80%.
  • Receiving capital from the E8 Track is realistic primarily due to its relatively modest profit targets, despite the additional evaluation phase (8% in phase one, and 4% in phase two and phase three) coupled with slightly below-average maximum loss rules (4% maximum daily and 8% maximum loss, scaleable up to 14%). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing all three evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80%.
  • Receiving capital from the E8 Track 1:1 is realistic primarily due to its modest profit targets, despite the additional evaluation phase (5% in phase one, 5% in phase two, and 5% in phase 3) coupled with slightly below-average maximum loss rules (5% maximum daily and 5% maximum loss, scaleable up to 14%). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing all three evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80%.
  • Receiving capital from the E8 One is realistic primarily due to its average profit target of 10% coupled with average maximum loss rules (4% maximum daily and 6% maximum trailing loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 80%.
  • Receiving capital from the E8 Pro is realistic primarily due to its below-average profit target of 8% coupled with average maximum loss rules (2% daily pause and 8% maximum loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 4 calendar days since there is a maximum daily profit cap of 2%. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 80%.

After considering all the factors, E8 Markets is highly recommended since you have five unique funding programs to choose from, a two-step evaluation, two three-step evaluations, and two one-step evaluations, which all feature realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

E8 Markets is a proprietary trading firm that was incorporated on the 5th of November, 2021. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

While working with E8 Markets and reaching funded status with the E8 Classic, E8 Track, or E8 Track 1:1, you will be eligible to receive your first payout after 8 calendar days. However, after your first payout, you will be eligible to receive payouts if you exceed your initial account size every 14 calendar days. Your profit split will consist of a generous 80% based on the profit that you have generated on your funded account.

However, while working with E8 Markets and reaching funded status with the E8 One, you will be eligible to receive your payout on day one if you manage to generate a profit. However, after your first payout, you will also be eligible to receive payouts if you exceed the initial account size on an on-demand basis. Your profit split will consist of a generous 80% based on the profit that you have generated on your funded E8 One.

And lastly, while working with E8 Markets and reaching funded status with the E8 Pro, you will be eligible to receive your first payout after 7 calendar days. However, after your first payout, you will be eligible to receive payouts if you exceed your initial account size every 7 calendar days. Your profit split will consist of a generous 80% based on the profit that you have generated on your funded account.

When it comes to E8 Markets payment proof, you can find it on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof for E8 Markets is their Telegram channel, where you can find numerous payout certificates of their most successful traders.

Examples of Payout Certificates and Payment Proof can be seen in the images below.

Which Broker Does E8 Markets Use?

E8 Markets is partnered with Virtual Markets and a tier-1 liquidity provider with the best simulated real market trading conditions as their brokers.

Virtual Markets is a company that goes beyond being a traditional brokerage. They position themselves as a dedicated ally within the dynamic realm of trading, exclusively catering to corporate clients. Virtual Markets offer a wide range of tradable instruments, which include indices, currency pairs, commodities, and crypto while providing access to the popular MetaTrader 5, cTrader, MatchTrader and TradeLocker trading platform.

As for trading platforms, while you are working with E8 Markets, they allow you to trade on cTrader, Match-Trader or Tradelocker if you choose a tier-1 liquidity provider with the best simulated real market trading conditions and on MetaTrader 5 if you choose Virtual Markets.

Trading Instruments

As mentioned above, E8 Markets is partnered with Virtual Markets and a tier-1 liquidity provider with the best simulated real market trading conditions, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, and cryptocurrencies with a leverage of up to 1:50, depending on the trading instrument that you are trading.

Forex Pairs

AUD/CADAUD/CHFAUD/JPYAUD/NZDAUD/SGDAUD/USD
AUD/ZARCAD/CHFCAD/JPYCHF/HUFCHF/JPYCHF/ZAR
EUR/AUDEUR/CADEUR/CHFEUR/CZKEUR/GBPEUR/HUF
EUR/JPYEUR/MXNEUR/NOKEUR/NZDEUR/PLNEUR/RUB
EUR/SEKEUR/SGDEUR/USDEUR/ZARGBP/AUDGBP/CAD
GBP/CHFGBP/JPYGBP/NZDGBP/SGDGBP/USDGBP/ZAR
NOK/SEKNZD/CADNZD/CHFNZD/JPYNZD/SEKNZD/SGD
NZD/USDSGD/JPYUSD/CADUSD/CHFUSD/CZKUSD/HKD
USD/HUFUSD/ILSUSD/JPYUSD/MXNUSD/NOKUSD/PLN
USD/RUBUSD/SEKUSD/SGDUSD/ZARZAR/JPY

Commodities

XAG/USDXAU/USDXPD/USDXPT/USD
BRENTWTINGAS

Indices

AUS200F40GE30US30UK100
HK50JP225US100US500STOXX50

Cryptocurrencies

BCH/USDBTC/USDETH/USDLTC/USD

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX 3 USD / LOT
COMMODITIES 3 USD / LOT
INDICES 3 USD / LOT
CRYPTO 3 USD / LOT

Spread Account

To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
Match-TraderClick here
TradeLockerClick here
cTraderClick here
MetaTrader 5Click here

Education

E8 Markets provides its community with a detailed E8 Blog with educational content, such as the following six categories:

  • About E8 – Educational articles about their features
  • Announcements – Latest news and updates
  • E8 Traders – E8 Trader interviews
  • Instruments – Educational articles about trading instruments
  • Market Research – Educational market overview articles
  • Trading Tips – Educational articles about trading suggestions, guides, and essential aspects of trading

E8 Markets distinguishes itself as a select proprietary trading firm offering a free trial option. This allows traders to experience and adapt to the platform’s trading conditions, thereby mitigating the likelihood of errors when they ultimately opt for one of the two available evaluation programs.

Finally, E8 Markets offers a professionally designed trader dashboard accessible to all clients. This feature simplifies risk management by providing continuous access to comprehensive statistics and objectives, ensuring real-time updates every minute of the day, thereby enhancing the overall user experience.

E8 Markets Trading Dashboard

Trustpilot Feedback

E8 Markets has gathered an excellent score on Trustpilot based on their community’s feedback.

On Trustpilot, E8 Markets has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.3 out of 5 from a substantial pool of 2,653 reviews. Notably, 85% of these reviews have awarded E8 Markets the highest rating of 5 stars.

The first comment shows that the E8 Markets community member expresses heartfelt appreciation for the company’s professionalism, prompt support, and enthusiastic assistance. The acknowledgment extends to E8 Markets’ commendable reputation for timely profit disbursements and swift resolution of payment method issues, particularly in the aftermath of the past Deel incident.

E8 Markets is an excellent proprietary trading firm, with the commenter expressing satisfaction after receiving their initial payout and refund seamlessly without encountering any issues. The trader particularly appreciates the clean and professional appearance of the website and trading dashboard, highlighting their positive experience with the platform’s overall design. Furthermore, the effectiveness of the payment system is also praised, contributing to an overall outstanding experience with E8 Markets.

Social Media Statistics

E8 Markets can also be found on numerous social media platforms.

Twitter28,086 Followers
Instagram52,200 Followers
YouTube3,880 Subscribers
Telegram4,656 Members
Discord52,817 Members

Customer Support

Live Chat✅
Emailsupport@e8markets.com
DiscordDiscord Link
TelegramTelegram Link
Help CenterHelp Center Link
Supported LanguagesEnglish

Account Opening Process

  • Registration Form – Register with E8 Markets by filling out the registration form with your personal details and logging into the E8X Dashboard.
  • Choose Your Account – Choose your account type, trading platform, account size, and trading conditions.
  • Apply Discount Code – Apply our discount code FOREXPROPREVIEWS and enjoy a 5% discount on all funding program types. Please note that E8 Track has no available discounts.
  • Choose Your Payment Method – Choose between a credit/debit card and cryptocurrency payment method after you have successfully applied our discount code.
  • Receive Login Credentials – Find an email with a greeting from E8 Markets, which will redirect you to the E8X Dashboard, where you can access your login credentials for your newly purchased trading account.

Conclusion

In conclusion, E8 Markets is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between five funding programs: the E8 Classic, which is a two-step evaluation, the E8 Track and E8 Track 1.1, which are three-step evaluations, and the E8 One and E8 Pro, which are one-step evaluations.

E8 Markets’ E8 Classic is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach profit targets of 8% in phase one and 4% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 8% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during both evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the E8 Classic features a scaling plan, providing you with the opportunity to increase your initial account balance.

E8 Markets’ E8 Track is a three-step evaluation that requires the completion of three phases before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach profit targets of 8% in phase one, and 4% in phase two and phase three to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 8% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during all three evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the E8 Track features a scaling plan, providing you with the opportunity to increase your initial account balance.

E8 Markets’ E8 Track 1:1 is a three-step evaluation that requires the completion of three phases before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach profit targets of 5% in phase one, 5% in phase two, and 5% in phase three to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 5% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during all three evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the E8 Track 1:1 features a scaling plan, providing you with the opportunity to increase your initial account balance.

E8 Markets’ E8 One is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach a profit target of 10% to become successfully funded. These are realistic trading objectives, considering you have a 4% maximum daily and 6% maximum trailing loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during the evaluation phase, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the E8 One features a scaling plan, providing you with the opportunity to increase your initial account balance.

E8 Markets’ E8 Pro is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 80% profit splits. Traders must reach a profit target of 8% to become successfully funded. These are realistic trading objectives, considering you have a 2% daily pause and 8% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during the evaluation phase. However, you are required to trade for a minimum of 4 calendar days during the evaluation phase since there is a maximum daily profit cap of 2%. Finally, it’s essential to note that the E8 Pro features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend E8 Markets to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with unique features, such as drawdown scaling, an unlimited trading period, no minimum trading day requirements (Except E8 Pro), a first withdrawal after only 8 calendar days (E8 Classic & both E8 Track account types), a first withdrawal after only 7 calendar days (E8 Pro), on-demand payouts (E8 One), two affordable E8 Track evaluations, and an opportunity to customize your two-step, both three-step or the E8 One one-step programs. After considering everything E8 Markets has to offer to traders all across the globe, they can undoubtedly be regarded as one of the industry-leading prop firms.

Our detailed review of E8 Markets was last updated on 07.03.2025 at 09:08 (CE(S)T).

What are your individual opinions on E8 Markets and the services they offer? Do they align with the trading conditions and services you’ve been seeking?

Let us know if you enjoyed our detailed E8 Markets review by commenting below!

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The Funded Trader Review (10% Discount Code: FOREXPROPREVIEWS) https://forexpropreviews.com/Proprietary-Trading-Firm/the-funded-trader-program/?utm_source=rss&utm_medium=rss&utm_campaign=the-funded-trader-program https://forexpropreviews.com/Proprietary-Trading-Firm/the-funded-trader-program/#comments Sun, 24 Feb 2019 20:11:00 +0000 https://forexpropreviews.com/?post_type=casino&p=2219 The Funded Trader is searching for passionate and experienced traders who will succeed with their funds’ help by showing skills in unpredictable market conditions. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 and receive up to 95% profit splits. This can be accomplished through trading […]

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The Funded Trader is searching for passionate and experienced traders who will succeed with their funds’ help by showing skills in unpredictable market conditions. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 and receive up to 95% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.

Who are The Funded Trader?

The Funded Trader is a proprietary trading firm with the legal name The Funded Trader LLC that was incorporated on the 12th of May, 2021. They are located in Liberty Hill, Texas, and are being managed by CEO Angelo Ciaramello. The Funded Trader provides traders with the opportunity to choose between five account types, two two-step evaluations, two one-step evaluations, and a three-step evaluation, while being partnered with Voyage Markets and Thaurus LTD as their brokers.

The Funded Trader headquarters are located at 14001 W HWY 29, Suite 102, Liberty Hill, TX 78642.

Who is the CEO of The Funded Trader?

Angelo Ciaramello is a 29-year-old entrepreneur from New Jersey that has founded The Funded Trader back in 2020. His company started as a startup that gamified capital markets retail trading. The goal was to provide an opportunity for individual traders who would compete to get funded and make the top spot on the rankings leaderboard.

Angelo and his team managed to develop multiple funding challenges that provide individuals with the opportunity to trade the company’s capital and receive percentage-based profit splits. One of his greater achievements in life was that he was recognized as one of the top 25 Financial Technology Leaders of New Jersey for the year 2022.

Anyone interested in following Angelo Ciaramello can do so by following his Instagram and LinkedIn. This way, you will be able to see more of his posts and what he’s up to on a daily basis.

Video Review

Funding Program Options

The Funded Trader provides its traders with five unique funding program options:

  • Royal Pro Challenge
  • Royal Challenge
  • Knight Pro Challenge
  • Knight Challenge
  • Dragon Challenge

Royal Pro Challenge

The Funded Trader Royal Pro Challenge provides traders with the opportunity to manage account sizes ranging from $25,000 up to $200,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Royal Pro Challenge allows you to trade with leverage up to 1:50.

Account SizePrice
$25,000$239
$50,000$470
$100,000$949
$200,000$1,890

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of five profitable trading days in order to proceed to phase two. You must also follow the 3% daily cap rule in Phase 1. If your balance or floating equity exceeds this limit, all trades will be automatically closed, and your account will be paused until the next day.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to trade a minimum of five profitable trading days in order to proceed to a funded account. You must also follow the 1,5% daily cap rule in Phase 2. If your balance or floating equity exceeds this limit, all trades will be automatically closed, and your account will be paused until the next day.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 3 calendar days from the day you place your first position on your funded account, while all other withdrawals can be submitted also in 3 calendar days. Your profit split will be 75% up to 95% based on the profit you make on your funded account. You must also follow the 2% daily cap rule in Funded stage. If your balance or floating equity exceeds this limit, all trades will be automatically closed, and your account will be paused until the next day.

Add-ons for The Funded Trader’s Royal Pro Challenge

  1. 85% profit split or 95% profit split

Royal Pro Challenge Scaling Plan

The Royal Pro Challenge also has a scaling plan. If a trader make an average return of 6% over the three-month period or a 2% return each month during the three-month period, then you will become eligible for an account size increase equal to 25% of the initial account size. The profit split can increase up to 95%, the maximum daily loss can increase up to 6%, and the maximum trailing loss can increase up to 12% through the scaling plan.

Example:

After 3 Months: A qualified $100,000 account increases to $125,000.

After the Next 3 Months: A qualified $125,000 account increases to $150,000.

After the Next 3 Months: A qualified $150,000 account increases to $175,000.

And so on…

Royal Pro Challenge Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%.
  • Minimum Profitable Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. Both evaluation phases have a minimum trading day requirement of 1 days.
  • No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.

Royal Challenge

The Funded Trader Royal Challenge provides traders with the opportunity to manage account sizes ranging from $5,000 up to $200,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Royal Challenge allows you to trade with leverage up to 1:50.

Account SizePrice
$5,000$60
$10,000$120
$25,000$189
$50,000$289
$100,000$489
$200,000$1,158

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of five trading days in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to trade a minimum of five trading days in order to proceed to a funded account.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 30 calendar days from the day you place your first position on your funded account, while all other withdrawals can be submitted bi-weekly. Your profit split will be 75% up to 92.75% based on the profit you make on your funded account.

Add-ons for The Funded Trader’s Royal Challenge

  1. First Withdrawal After 14 Calendar Days

Royal Challenge Scaling Plan

The Royal Challenge also has a scaling plan. If a trader is profitable for at least two out of the last three months with If a trader make an average return of 6% over the three-month period or a 2% return each month during the three-month period, then you will become eligible for an account size increase equal to 25% of the initial account size. The profit split can increase up to 92.75%, the maximum daily loss can increase up to 6%, and the maximum trailing loss can increase up to 12% through the scaling plan.

Example:

After 3 Months: A qualified $100,000 account increases to $125,000.

After the Next 3 Months: A qualified $125,000 account increases to $150,000.

After the Next 3 Months: A qualified $150,000 account increases to $175,000.

And so on…

Royal Challenge Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 8%.
  • Minimum Profitable Trading Days – The minimum profitable trading day requirement you must meet before you can successfully conclude an evaluation phase. The evaluation phase has a 5 minimum profitable trading day requirement, where you must make a profit of 0.1% per day.
  • No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
  • No News trading – There are restrictions in place for 2 minutes before and after the release of a red folder event. During this 4-minute window, opening or closing market orders, executing pending limit orders, and triggering take profit or stop-loss orders are all restricted.

Knight Pro Challenge

The Funded Trader Knight Pro Challenge provides traders with the opportunity to manage account sizes ranging from $5,000 up to $200,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The Knight Pro Challenge allows you to trade with leverage up to 1:30.

Account SizePrice
$5,000$65
$10,000$105
$25,000$195
$50,000$295
$100,000$495
$200,000$945

The evaluation phase requires a trader to reach a profit target of 10% while not surpassing their 5% maximum daily loss or 8% maximum trailing loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to have a minimum of 3 profitable trading days in order to proceed to funded status.

By completing the evaluation phase, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5% maximum daily loss and 8% maximum trailing loss rules. Your first payout is on-demand from the day you place your first position on your funded account, while all other withdrawals can also be submitted on an on-demand basis. Your profit split will be 80% up to 95% based on the profit you make on your funded account.

Knight Pro Challenge Scaling Plan

The Knight Pro Challenge also has a scaling plan. If a trader is profitable for at least two out of the last three months with either an average return of 6% over the three-month period or a 2% return each month during the three-month period, then you will become eligible for an account size increase equal to 25% of the initial account size. The profit split can increase up to 95%, the maximum daily loss can increase up to 6%, and the maximum trailing loss can increase up to 10% through the scaling plan.

Example:

After 3 Months: A qualified $100,000 account increases to $125,000.

After the Next 3 Months: A qualified $125,000 account increases to $150,000.

After the Next 3 Months: A qualified $150,000 account increases to $175,000.

And so on…

Knight Pro Challenge Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 10%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
  • Maximum Trailing Loss – The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. All account sizes have a maximum trailing loss of 8%.
  • Minimum Profitable Trading Days – The minimum profitable trading day requirement you must meet before you can successfully conclude an evaluation phase. The evaluation phase has a 3 minimum profitable trading day requirement, where you must make a profit of 0.25% per day.
  • No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
  • Consistency Rule – Mandates traders to maintain uniformity in various aspects such as position sizes, risk management, losses, gains, and more. This implies that the account results should not exhibit significant variations in their characteristics. The profits earned on your best trading day should not exceed 50% of your total profits. (Only applies to Funded Status)

Knight Challenge

The Funded Trader Knight Challenge provides traders with the opportunity to manage account sizes ranging from $5,000 up to $200,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The Knight Challenge allows you to trade with leverage up to 1:30.

Account SizePrice
$5,000$59
$10,000$99
$25,000$189
$50,000$289
$100,000$489
$200,000$939

The evaluation phase requires a trader to reach a profit target of 10% while not surpassing their 3% maximum daily loss or 6% maximum trailing loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to funded status, you are only required to reach the 10% profit target without breaching the maximum daily or maximum trailing loss limit rules.

By completing the evaluation phase, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 3% maximum daily loss and 6% maximum trailing loss rules. Your first payout is 7 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted weekly. Your profit split will be 80% up to 90% based on the profit you make on your funded account.

Add-ons for The Funded Trader’s Knight Challenge

  1. Additional Drawdown (4% Maximum Daily Loss & 7% Maximum Trailing Loss)

Knight Challenge Scaling Plan

The Knight Challenge also has a scaling plan. If a trader is profitable for at least two out of the last three months with either an average return of 6% over the three-month period or a 2% return each month during the three-month period, then you will become eligible for an account size increase equal to 25% of the initial account size. The profit split can increase up to 95%, the maximum daily loss can increase up to 5%, and the maximum trailing loss can increase up to 8% through the scaling plan.

Example:

After 3 Months: A qualified $100,000 account increases to $125,000.

After the Next 3 Months: A qualified $125,000 account increases to $150,000.

After the Next 3 Months: A qualified $150,000 account increases to $175,000.

And so on…

Knight Challenge Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 10%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 3%. (4% with Add-on or after scaling for the first time)
  • Maximum Trailing Loss – The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. All account sizes have a maximum trailing loss of 6%. (7% with Add-on)
  • No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
  • No News trading – There are restrictions in place for 2 minutes before and after the release of a red folder event. During this 4-minute window, opening or closing market orders, executing pending limit orders, and triggering take profit or stop-loss orders are all restricted.

Dragon Challenge

The Funded Trader Dragon Challenge provides traders with the opportunity to manage account sizes ranging from $5,000 up to $100,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout the three-step evaluation period. The Dragon Challenge allows you to trade with leverage up to 1:100.

Account SizePrice
$5,000$49
$10,000$99
$25,000$135
$50,000$205
$100,000$355

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to phase three, you are only required to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.

Evaluation phase three also requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase three. To proceed to funded status, you are only required to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.

By completing all three evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 7 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted weekly. Your profit split will be 75% up to 95% based on the profit you make on your funded account. You should also note that you are able to scale your maximum daily drawdown up to 6% and maximum drawdown up to 12%.

Add-ons for The Funded Trader’s Dragon Challenge

  1. 95% Profit Split

Dragon Challenge Scaling Plan

The Dragon Challenge also has a scaling plan. If a trader is profitable for at least two out of the last three months with either an average return of 6% over the three-month period or a 2% return each month during the three-month period, then you will become eligible for an account size increase equal to 25% of the initial account size. The profit split can increase up to 95%, the maximum daily loss can increase up to 6%, and the maximum trailing loss can increase up to 12% through the scaling plan.

Dragon Challenge Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 and Phase 3 require reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%. (Scaleable up to 7%)
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%. (Scaleable up to 12%)
  • No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
  • No Weekend Holding – Traders are prohibited from holding trades during the weekend, meaning that all trades should be closed before the Friday market close. (Swing Dragon Challenge can hold trades during the weekend)
  • No News trading – There are restrictions in place for 2 minutes before and after the release of a red folder event. During this 4-minute window, opening or closing market orders, executing pending limit orders, and triggering take profit or stop-loss orders are all restricted.

What Makes The Funded Trader Different From Other Prop Firms?

The Funded Trader differs from most industry-leading prop firms due to offering five unique account types: two two-step evaluations, two one-step evaluations, and a three-step evaluation. In addition, they also provide numerous favorable features, such as add-ons for specific Challenge accounts, an unlimited trading period, weekly and bi-weekly withdrawals, and an affordable Dragon Challenge.

The Funded Trader’s Royal Pro Challenge is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 8% in phase one and 5% in phase two, with a 5% maximum daily and 10% maximum loss rules. You also have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 5 Profitable Trading days in each evaluation phase. The Royal Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. You must also follow the daily cap rule in both evaluation phases and in funded stage. Compared to other funding programs within the industry, the Royal Challenge stands out mainly for having an unlimited trading period, allowing Expert Advisors, and 3 days withdrawals.

Example of comparison between The Funded Trader & FTMO

Trading ObjectivesThe Funded Trader (Royal)FTMO
Phase 1 Profit Target8%10%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days5 Profitable Trading Days4 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split75% up to 95%80% up to 90%

Example of comparison between The Funded Trader & Smart Prop Trader

Trading ObjectivesThe Funded Trader (Royal)Smart Prop Trader (Standard)
Phase 1 Profit Target8%7%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%4%
Maximum Loss10%8% (Scaleable up to 28%)
Minimum Trading Days5 Profitable Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split75% up to 95%75% up to 95%

Example of comparison between The Funded Trader & FXIFY

Trading ObjectivesThe Funded Trader (Royal)FXIFY
Phase 1 Profit Target8%10%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days5 Profitable Trading Days5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split75% up to 95%75% up to 92.75%

The Funded Trader’s Royal Challenge is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 8% in phase one and 5% in phase two, with a 5% maximum daily and 10% maximum loss rules. You also have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 5 calendar days in each evaluation phase. The Royal Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Royal Challenge stands out mainly for having an unlimited trading period, allowing Expert Advisors, and bi-weekly withdrawals.

Example of comparison between The Funded Trader & E8 Markets

Trading ObjectivesThe Funded Trader (Royal Pro)E8 Markets
Phase 1 Profit Target8%8%
Phase 2 Profit Target5%4%
Maximum Daily Loss5%4%
Maximum Loss10%8% (Scaleable up to 14%)
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split75% up to 92.75%80%

Example of comparison between The Funded Trader & Funding Pips

Trading ObjectivesThe Funded Trader (Royal Pro)Funding pips
Phase 1 Profit Target8%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5% (Scaleable up to 7%)
Maximum Loss10%10% (Scaleable up to 14%)
Minimum Trading Days5 Calendar Days3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split75% up to 92.75%75% up to60% up to 100% + Monthly Salary

Example of comparison between The Funded Trader & FXIFY

Trading ObjectivesThe Funded Trader (Royal Pro)FXIFY
Phase 1 Profit Target8%10%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days5 Calendar Days5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split75% up to 92.75%75% up to 90%

The Funded Trader’s Knight Pro Challenge is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 10%, with a 5% maximum daily and 8% maximum trailing loss rules. You also have no maximum trading day requirements during either evaluation phase. However, you are required to have a minimum of 3 profitable trading days in the evaluation phase. The Knight Pro Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Knight Pro Challenge stands out mainly for having an unlimited trading period, an above-average daily drawdown and maximum drawdown, and on-demand payouts.

Example of comparison between The Funded Trader & Goat Funded Trader

Trading ObjectivesThe Funded TraderGoat Funded Trader
Profit Target10%10%
Maximum Daily Loss5%4%
Maximum Loss8% (Trailing)6%
Minimum Trading Days3 Profitable DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80% up to 95%75% up to 95%

Example of comparison between The Funded Trader & FTUK

Trading ObjectivesThe Funded TraderFTUK
Profit Target10%10%
Maximum Daily Loss5%4%
Maximum Loss8% (Trailing)8% (Trailing)
Minimum Trading Days3 Profitable Days4 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80% up to 95%50% up to 80%

Example of comparison between The Funded Trader & Funding Pips

Trading ObjectivesThe Funded TraderFunding Pips
Profit Target10%10%
Maximum Daily Loss5%4% (Scaleable up to 6%)
Maximum Loss8% (Trailing)6%  (Scaleable up to 10%)
Minimum Trading Days3 Profitable Days3 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80% up to 95%80% up to 100% + Monthly Salary

The Funded Trader’s Knight Challenge is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 10%, with a 3% maximum daily and 6% maximum trailing loss rules. You also have no minimum or maximum trading day requirements during the evaluation phase. The Knight Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Knight Challenge stands out mainly for having an unlimited trading period, a daily drawdown and maximum drawdown add-on, and weekly withdrawals.

Example of comparison between The Funded Trader & PipFarm

Trading ObjectivesThe Funded TraderPipFarm (Static)
Profit Target10%12%
Maximum Daily Loss3% (4% with Add-on)3%
Maximum Loss6% (Trailing)(7% with Add-on)6%
Minimum Trading DaysNo Minimum Trading Days3 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80% up to 95%70% up to 95%

Example of comparison between The Funded Trader & Funded Trading Plus

Trading ObjectivesThe Funded TraderFunded Trading Plus
Profit Target10%10%
Maximum Daily Loss3% (4% with Add-on)4%
Maximum Loss6% (Trailing)(7% with Add-on)6% (Trailing)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80% up to 95%80% up to 100%

Example of comparison between The Funded Trader & MyFundedFX

Trading ObjectivesThe Funded TraderMyFundedFX
Profit Target10%10%
Maximum Daily Loss3% (4% with Add-on)4% (Scaleable up to 6%)
Maximum Loss6% (Trailing)(7% with Add-on)6% (Trailing)(Scaleable up to 12%)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80% up to 95%80% up to 92.75%

The Funded Trader’s Dragon Challenge is a three-step evaluation that requires traders to successfully complete three phases before becoming eligible for payouts. The profit target is 8% in phase one, 5% in phase two, and 5% in phase three, with a 5% maximum daily and 10% maximum loss rules. You also have no minimum or maximum trading day requirements during all three evaluation phases. The Dragon Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Dragon Challenge stands out mainly for having an unlimited trading period, balance-based drawdown, weekly withdrawals, and affordable evaluation fees.

Example of comparison between The Funded Trader & E8 Markets

Trading ObjectivesThe Funded TraderE8 Markets
Phase 1 Profit Target8%8%
Phase 2 Profit Target5%4%
Phase 3 Profit Target5%4%
Maximum Daily Loss5% (Scaleable up to 6%)4%
Maximum Loss10% (Scaleable up to 12%)8% (Scaleable up to 14%)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split75% up to 95%80%

Example of comparison between The Funded Trader & The5ers

Trading ObjectivesThe Funded TraderThe5ers (Bootcamp)
Phase 1 Profit Target8%6%
Phase 2 Profit Target5%6%
Phase 3 Profit Target5%6%
Maximum Daily Loss5% (Scaleable up to 6%)❌ (3% Daily Pause Once Funded)
Maximum Loss10% (Scaleable up to 12%)5% (4% Once Funded)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split75% up to 95%50% up to 100%

In conclusion, The Funded Trader differs from other industry-leading prop firms by offering five unique account types: two two-step evaluations, two one-step evaluations, and a three-step evaluation. In addition, they also provide numerous favorable features, such as add-ons for specific Challenge accounts, unlimited trading periods, weekly and bi-weekly withdrawals, and an affordable Dragon Challenge.

Is Getting The Funded Trader Capital Realistic?

It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.

  • Receiving capital from the Royal Challenge Pro is realistic primarily due to its modest profit targets (8% in phase one and 5% in phase two) coupled with average maximum loss rules (5% maximum daily and 10% maximum loss). It is important to note that there are no maximum trading day requirements while having a minimum Profitable trading day requirement of 5 calendar days. You have also follow the daily cap rule in both evolutions phases and funded stage. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 75% up to 95%.
  • Receiving capital from the Royal Challenge is realistic primarily due to its modest profit targets (8% in phase one and 5% in phase two) coupled with average maximum loss rules (5% maximum daily and 10% maximum loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 5 calendar days. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 75% up to 92.75%.
  • Receiving capital from the Knight Pro Challenge is realistic primarily due to its average profit target of 10% coupled with above-average maximum loss rules (5% maximum daily and 8% maximum trailing loss). It is important to note that you have no maximum trading day requirements while having a minimum of 3 profitable trading day requirements in the evaluation phase. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 80% up to 95%.
  • Receiving capital from the Knight Challenge is realistic primarily due to its average profit target of 10% coupled with average maximum loss rules (3% maximum daily and 6% maximum trailing loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 80% up to 95%.
  • Receiving capital from the Dragon Challenge is realistic primarily due to its relatively modest profit targets, despite the additional evaluation phase (8% in phase one, 5% in phase two, and 5% in phase 3) coupled with average maximum loss rules (5% maximum daily and 10% maximum loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing all three evaluation phases, participants qualify for payouts featuring an advantageous profit split of 75% up to 95%.

After considering all the factors, The Funded Trader is highly recommended since you have five unique funding programs to choose from, two two-step evaluations, two one-step evaluations, and a three-step evaluation, which all feature realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

The Funded Trader is a proprietary trading firm that was incorporated on the 12th of May, 2021. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

While working with The Funded Trader and reaching funded status with the Royal Challenge, you will be eligible to receive your first payout after 30 calendar days (14 calendar days with Add-on). However, after your first payout, you will be eligible to receive payouts if you exceed the initial account size every 14 calendar days. Your profit split will consist of a generous will consist of a generous 75% up to 92.75% based on the profit that you have generated on your Royal Challenge. However, the first three payouts cannot be more than 5%.

While working with The Funded Trader and reaching funded status with the Royal Pro Challenge, you will be eligible to receive your first payout after 3 calendar days. However, after your first payout, you will be eligible to receive payouts if you exceed the initial account size every 3 calendar days. Your profit split will consist of a generous will consist of a generous 75% up to 95% based on the profit that you have generated on your Royal Pro Challenge.

However, while working with The Funded Trader and reaching funded status with the Knight or Dragon Challenge, you will be eligible to receive your first payout after only 7 calendar days. However, after your first payout, you will be eligible to receive payouts if you exceed the initial account size every 7 calendar days. Your profit split will consist of a generous 80% up to 90% based on the profit that you have generated on your funded Knight Challenge, while the Dragon Challenge will provide you with a generous profit split of 75% up to 95%.

And lastly, while working with The Funded Trader and reaching funded status with the Knight Pro Challenge, you will be eligible to receive your first payout on-demand by meeting the consistency criteria. However, after your first payout, you will also be eligible to receive payouts if you exceed your initial account size on an on-demand basis if the consistency criteria is met. Your profit split will consist of a generous 80% up to 95% based on the profit that you have generated on your funded Knight Pro Challenge.

When it comes to The Funded Trader payment proof, you can find it on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof of The Funded Trader is their Discord channel, where you can find numerous payout certificates of the most successful traders.

Examples of Payout Certificates and Payment Proof can be seen in the images below.

Which Broker Does The Funded Trader Use?

The Funded Trader is partnered with Voyage Markets and Thaurus LTD as their broker.

As for trading platforms, while you are working with The Funded Trader, they allow you to trade on cTrader if you choose Voyage Markets, on MetaTrader 5 if you choose Thaurus LTD, and on Match-Trader.

Trading Instruments

As mentioned above, The Funded Trader is partnered with Voyage Markets and Thaurus LTD, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, and cryptocurrencies with a leverage of up to 1:200, depending on the trading instrument that you are trading and the Challenge that you are participating in.

Voyage Markets Forex Pairs

CAD/JPYCHF/JPYEUR/CADEUR/CHFEUR/GBPEUR/JPY
EUR/USDGBP/CADGBP/CHFGBP/JPYGBP/USDUSD/CAD
USD/CHFUSD/JPYAUD/CADAUD/CHFAUD/JPYAUD/NZD
AUD/USDCAD/CHFEUR/AUDEUR/NOKEUR/NZDEUR/SGD
GBP/AUDGBP/NZDNZD/CADNZD/CHFNZD/JPYNZD/USD
USD/NOKUSD/SEKUSD/SGDEUR/ZAREUR/HUFUSD/MXN
USD/ZAREUR/PLNUSD/TRYEUR/TRY

Voyage Markets Commodities

XAU/USDXAG/USDWTIBRENT

Voyage Markets Indices

AUS200ESTX50FRA40GER40JPN225
NAS100SPX500UK100US30

Voyage Markets Cryptocurrencies

BTC/USDBCH/USDETH/USDLTC/USD

Thaurus LTD Forex Pairs

AUD/CADAUD/CHFAUD/JPYAUD/NZDAUD/USDCAD/CHF
CAD/JPYCHF/JPYEUR/AUDEUR/CADEUR/CHFEUR/GBP
EUR/HUFEUR/JPYEUR/NZDEUR/PLNEUR/TRYEUR/USD
GBP/AUDGBP/CADGBP/CHFGBP/JPYGBP/NZDGBP/USD
NZD/CADNZD/CHFNZD/JPYNZD/USDUSD/CADUSD/CHF
USD/JPYUSD/MXNUSD/NOKUSD/SEKUSD/SGDUSD/TRY
USD/ZARUSD/PLNUSD/HUF

Thaurus LTD Commodities

XAG/USDXAU/USDBRENTCL

Thaurus LTD Indices

ASXDAXDOWFTSENIKKEI
NSDQSPSTOXX50

Thaurus LTD Cryptocurrencies

BCH/USDBTC/USDETH/USDLTC/USD

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX4 USD / LOT
COMMODITIES1 USD / LOT (0 USD / LOT on Oil)
INDICES 0 USD / LOT
CRYPTO 0 USD / LOT

Spread Account

To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
MetaTrader 5Click here
cTraderClick here
Match-TraderClick here

Education

The Funded Trader provides its community with a detailed Media section with educational content, such as the following six categories:

  • Community Update – Latest news and updates
  • Company Announcements – Latest announcements regarding TFT
  • FAQ – Video form of frequently asked questions
  • Podcasts – Educational podcasts with successful traders
  • Spanish FAQ – Video form of frequently asked questions in the Spanish language
  • Trader Interviews – TFT Trader interviews

Additionally, we can also find a detailed Blog within the Media section, which includes educational content, such as the following six categories:

  • Trader Interviews – TFT Trader interviews
  • Trading Psychology – Educational trading psychology content
  • Trading Systems – Educational content for beginners
  • Trading Tips – Educational articles about trading suggestions, guides, and essential aspects of trading
  • Company Updates – Latest announcements of company updates
  • Industry News – Educational articles on the prop industry changes

The Funded Trader stands out as an exclusive proprietary trading company that provides a complimentary trial option. This enables traders to familiarize themselves with and adjust to the platform’s trading conditions, reducing the chances of errors when they eventually choose one of the five evaluation programs offered.

And lastly, The Funded Trader also provides all clients access to a professionally designed trader dashboard. This feature streamlines risk management by offering constant access to detailed statistics and objectives, ensuring real-time updates every minute of the day. This enhancement contributes to an overall improved user experience.

The Funded Trader Trading Dashboard

Trustpilot Feedback

The Funded Trader has gathered an average score on Trustpilot based on their community’s feedback.

On TrustpilotThe Funded Trader has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an average rating of 3.2 out of 5 from a substantial pool of 21,083 reviews. Notably, 67% of these reviews have awarded The Funded Trader the highest rating of 5 stars.

The first comment shows us The Funded Trader receiving positive acclaim as a reputable company, with a community member expressing satisfaction and a trouble-free experience. The client appreciates the consistent availability of promotions, rewards, discounts, and prizes, expressing the hope that this favorable aspect will be maintained at its current level.

Additionally, The Funded Trader is highly praised as an exceptional proprietary trading firm, often regarded as the best in the industry. The client highlights its standout features, including low commissions, tight spreads, prompt support, fast payouts, and numerous other positive attributes. They express a strong recommendation for TFT to anyone seeking to trade with a prop firm.

Social Media Statistics

The Funded Trader can also be found on numerous social media platforms.

Facebook21,000 Followers & 15,000 Likes
Instagram125,000 Followers
Telegram19,178 Members
Discord106,016 Members
YouTube102,000 Subscribers
Twitter99,200 Followers
Reddit5,500 Members
TikTok48,800 Followers & 455,100 Likes

Customer Support

Live Chat✅
Emailsupport@thefundedtraderprogram.com
Phone(888) 920-3079
DiscordDiscord Link
TelegramTelegram Link
FAQFAQ Link
Help Center❌
WhatsApp❌
Messenger❌
Supported LanguagesEnglish, French, Portuguese, Spanish

Account Opening Process

  • Registration Form – Register with The Funded Trader by filling out the registration form with your personal details and logging into the trading dashboard.
  • Choose Your Account – Choose your challenge type, account size, trading platform, broker, account type, and add-ons.
  • Apply Discount Code – Apply our discount code forexpropreviews and enjoy a 10% discount on all The Funded Trader challenge types.
  • Choose Payment Method – Choose between a credit/debit card and cryptocurrency payment method after you have successfully applied our discount code.

Conclusion

In conclusion, The Funded Trader is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between five funding programs: the Royal Pro Challenges and Royal Challenges, which are a two-step evaluation, the Knight Pro Challenge and Knight Challenge, which are one-step evaluations, and the Dragon Challenge, which is a three-step evaluation.

The Funded Trader’s Royal Pro Challenge is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 75% up to 95% profit splits. Traders must reach profit targets of 8% in phase one and 5% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to have a minimum of 5 Profitable trading days in each evaluation phase. Finally, it’s essential to note that the Royal Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance

The Funded Trader’s Royal Challenge is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 75% up to 92.75% profit splits. Traders must reach profit targets of 8% in phase one and 5% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 5 calendar days in each evaluation phase. Finally, it’s essential to note that the Royal Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.

The Funded Trader’s Knight Pro Challenge is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach a profit target of 10% to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 8% maximum trailing loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to have a minimum of 3 profitable trading days in the evaluation phase. Finally, it’s essential to note that the Knight Pro Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.

The Funded Trader’s Knight Challenge is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 80% up to 95% profit splits. Traders must reach a profit target of 10% to become successfully funded. These are realistic trading objectives, considering you have a 3% maximum daily and 6% maximum trailing loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during the evaluation phase, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the Knight Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.

The Funded Trader’s Dragon Challenge is a three-step evaluation that requires the completion of three phases before becoming eligible to manage a funded account and earn 75% up to 95% profit splits. Traders must reach profit targets of 8% in phase one, 5% in phase two, and 5% in phase three to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during all three evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the Dragon Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend The Funded Trader to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with unique features, such as add-ons for specific Challenge accounts, unlimited trading periods, 3 days, weekly and bi-weekly withdrawals, and an affordable Dragon Challenge. After considering everything The Funded Trader has to offer to traders all across the globe, they can undoubtedly be regarded as one of the industry-leading prop firms.

Our detailed review of The Funded Trader was last updated on 02.04.2025 at 11:09 (CE(S)T).

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