No martingale allowed Archives - Forex Prop Reviews https://forexpropreviews.com/Rules/no-martingale-allowed/ We provide reviews, ratings, and the latest news for Proprietary Trading Firms. Wed, 02 Apr 2025 11:18:00 +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 No martingale allowed Archives - Forex Prop Reviews https://forexpropreviews.com/Rules/no-martingale-allowed/ 32 32 TopTier Trader Review (20% Discount Code: FOREXPROPREVIEWS) https://forexpropreviews.com/Proprietary-Trading-Firm/toptier-trader/?utm_source=rss&utm_medium=rss&utm_campaign=toptier-trader https://forexpropreviews.com/Proprietary-Trading-Firm/toptier-trader/#comments Wed, 01 Sep 2021 18:00:00 +0000 https://forexpropreviews.com/?post_type=casino&p=2138 TopTier Trader motivates traders to excel in their careers, allowing them the flexibility to trade at their discretion and hold positions without any time constraints. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $300,000 and receive up to 90% profit splits. This can be accomplished through […]

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TopTier Trader motivates traders to excel in their careers, allowing them the flexibility to trade at their discretion and hold positions without any time constraints. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $300,000 and receive up to 90% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.

Who are TopTier Trader?

TopTier Trader is a proprietary trading firm with the legal name TopTier Trader LLC that was incorporated on the 18th of October, 2021. They are located in Florida, United States, and are being managed by CEO Jamal Hollingsworth. TopTier Trader provides traders with the opportunity to choose between two account types, a two-step evaluation and a one-step evaluation, while being partnered with a tier-1 liquidity provider with the best simulated real market trading conditions as their broker.

TopTier Trader’s headquarters are located at 547 NW 28th St, Miami, FL 33127.

Who is the CEO of TopTier Trader?

Jamal Hollingsworth is the CEO of TopTier Trader. Note that we will be adding more information about their CEO in the future. Stay tuned!

Video Review

Funding Program Options

TopTier Trader provides its traders with two unique funding program options:

  • Two-phase Challenge
  • One-phase Challenge

Two-phase Challenge

TopTier Trader’s Two-phase Challenge provides traders with the opportunity to manage account sizes ranging from $5,000 up to $300,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Two-phase Challenge allows you to trade with up to 1:100 leverage.

Account SizePrice
$5,000$65
$10,000$129
$25,000$229
$50,000$335
$100,000$499
$200,000$975
$300,000$1,345

Evaluation phase one requires a trader to reach a profit target of 10% 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 four 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 four 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 80% up to 95% based on the profit you make on your funded account.

Add-ons for TopTier Trader’s Two-phase Challenge

  1. 14-Day Payout
  2. Double Leverage of 1:100
  3. 90% Profit Split
  4. Allowed Weekend Trading
  5. Allowed EAs
  6. Allowed News Trading
  7. 8% Hybrid Maximum Loss & Phase 1 Profit Target
  8. No Minimum Trading Days

Two-phase Challenge Scaling Plan

Two-phase 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 10% over the three-month period, then you will become eligible for an account size increase equal to 25% of the initial account size as well as a profit split increase of 5%. Profit split can be increased a maximum of three times, up to 95%. Keep in mind that you are able to manage $600,000 in total across multiple accounts, which can also be scaled all the way up to $2,000,000.

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…

Two-phase 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 10%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets. (8% in phase 1 with Hybrid Add-on)
  • 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%. (8% with Hybrid Add-on)
  • Minimum 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 4 days. (No minimum trading day requirements with Add-on)
  • No News Trading – Trading is not permitted during high-impact news releases. (Allowed with Add-on)
  • 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. (Allowed with Add-on)
  • Lot Size Limit – Limitation of lot sizes for specific trading instruments. These are, in most cases, set based on the initial account balance of your trading account. Please refer to the following lot size limitations for your challenges in the spreadsheet below.
Account SizeForexCommoditiesIndices (1 Contract)Cryptocurrencies
$5,0001 Lot0.3 Lots3 Lots0.1 Lots
$10,0002 Lots0.6 Lots6 Lots0.2 Lots
$25,0004 Lots1.6 Lots16 Lots0.5 Lots
$50,0008 Lots3 Lots30 Lots1 Lot
$100,00016 Lots6 Lots60 Lots2 Lots
$200,00032 Lots13 Lots130 Lots4 Lots
$300,00050 Lots19 Lots190 Lots6 Lots
  • No Expert Advisors – This implies that traders are prohibited from utilizing the services of Expert Advisors while engaged in trading activities. (Allowed with Add-on)
  • No Trade Copiers – This implies that traders are prohibited from utilizing the services of Trade Copiers while engaged in 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 once funded)

One-phase Challenge

TopTier Trader’s One-phase 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 a one-step evaluation period. The One-phase Challenge allows you to trade with leverage up to 1:60.

Account SizePrice
$5,000$59
$10,000$99
$25,000$189
$50,000$289
$100,000$479

The evaluation phase requires a trader to reach a profit target of 10% while not surpassing their 3% maximum daily loss or 6% 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 three trading days in order to proceed to a funded account.

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 loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account, while all the following payouts are also on a bi-weekly basis. Your profit split will be 80% up to 95% based on the profit you make on your funded account.

Add-ons for TopTier Trader’s One-phase Challenge

  1. Double Leverage of 1:60
  2. 90% Profit Split
  3. Allowed News Trading

One-phase Challenge Scaling Plan

One-phase 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 10% over the three-month period, then you will become eligible for an account size increase equal to 25% of the initial account size as well as a profit split increase of 5%. Profit split can be increased a maximum of three times, up to 95%. Keep in mind that you are able to manage $600,000 in total across multiple accounts, which can also be scaled all the way up to $2,000,000.

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…

One-phase 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%.
  • 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 6%.
  • Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. The evaluation phase has a minimum trading day requirement of 3 days.
  • No News Trading – Trading is not permitted during high-impact news releases. (Allowed with Add-on)
  • 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.
  • Lot Size Limit – Limitation of lot sizes for specific trading instruments. These are, in most cases, set based on the initial account balance of your trading account. Please refer to the following lot size limitations for your challenges in the spreadsheet below.
Account SizeForexCommoditiesIndices (1 Contract)Cryptocurrencies
$5,0001 Lot0.3 Lots3 Lots0.1 Lots
$10,0002 Lots0.6 Lots6 Lots0.2 Lots
$25,0004 Lots1.6 Lots16 Lots0.5 Lots
$50,0008 Lots3 Lots30 Lots1 Lot
$100,00016 Lots6 Lots60 Lots2 Lots
$200,00032 Lots13 Lots130 Lots4 Lots
$300,00050 Lots19 Lots190 Lots6 Lots
  • No Expert Advisors – This implies that traders are prohibited from utilizing the services of Expert Advisors while engaged in trading activities.
  • No Trade Copiers – This implies that traders are prohibited from utilizing the services of Trade Copiers while engaged in 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 once funded)

Levels

TopTier Trader’s Levels program introduces a milestone-based trading system focused on progression through accumulating pips rather than account balances. With no maximum drawdowns, time limits, swap fees, or weekend trading restrictions, traders enjoy full flexibility. Advancement requires banking target pips, with rewards increasing at each level, reaching up to $25,000 in payouts. This unique structure removes traditional constraints, allowing traders to refine their skills at their own pace while maximizing profits. Learn more about Levels.

What Makes TopTier Trader Different From Other Prop Firms?

TopTier Trader differs from most industry-leading prop firms due to offering two unique account types: a two-step evaluation and a one-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, multiple add-on features, a scaleable profit split, and bi-weekly payouts.

TopTier Trader’s Two-phase Challenge is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 10% 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 4 calendar days in each evaluation phase. The Two-phase Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Two-phase Challenge stands out mainly for having an unlimited trading period, multiple add-on features, a scaleable profit split, and bi-weekly payouts.

Example of comparison between TopTier Trader & FXIFY

Trading ObjectivesTopTier TraderFXIFY
Phase 1 Profit Target10%10%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days4 Calendar Days5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%75% up to 90%

Example of comparison between TopTier Trader & E8 Markets

Trading ObjectivesTopTier TraderE8 Markets
Phase 1 Profit Target10%8%
Phase 2 Profit Target5%4%
Maximum Daily Loss5%4%
Maximum Loss10%8% (Scaleable up to 14%)
Minimum Trading Days4 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%80%

Example of comparison between TopTier Trader & Funding Pips

Trading ObjectivesTopTier TraderFunding Pips
Phase 1 Profit Target10%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5% (Scaleable up to 7%)
Maximum Loss10%10% (Scaleable up to 14%)
Minimum Trading Days4 Calendar Days3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%60% up to 100% + Monthly Salary

TopTier Trader’s One-phase 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 loss rules. You also have no maximum trading day requirements during either evaluation phase. However, you are required to trade for a minimum of 3 calendar days in each evaluation phase. The One-phase Challenge also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the One-phase Challenge stands out mainly for having an unlimited trading period, multiple add-on features, a scaleable profit split, and bi-weekly payouts.

Example of comparison between TopTier Trader & FunderPro

Trading ObjectivesTopTier TraderFunderPro
Profit Target10%14%
Maximum Daily Loss3%4% (5% Once Funded)
Maximum Loss6%7% (10% Once Funded)
Minimum Trading Days3 Calendar Days5 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80% up to 95%80%

Example of comparison between TopTier Trader & PipFarm

Trading ObjectivesTopTier TraderPipFarm (Trailing)
Profit Target10%12%
Maximum Daily Loss3%3%
Maximum Loss6%12% (Trailing)
Minimum Trading Days3 Calendar Days5 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80% up to 95%70% up to 95%

Example of comparison between TopTier Trader & Goat Funded Trader

Trading ObjectivesTopTier TraderGoat Funded Trader
Profit Target10%10%
Maximum Daily Loss3%4%
Maximum Loss6%6%
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80% up to 95%75% up to 95%

In conclusion, TopTier Trader differs from other industry-leading prop firms by offering two unique account types: a two-step evaluation and a one-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, multiple add-on features, a scaleable profit split, and bi-weekly payouts.

Is Getting TopTier 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 Two-phase Challenge is realistic primarily due to its average profit targets (10% 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 4 calendar days. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80% up to 95%.
  • Receiving capital from the One-phase Challenge is realistic primarily due to its slightly above-average profit target of 10% coupled with average maximum loss rules (3% maximum daily and 6% maximum loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 3 calendar days. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80% up to 95%.

After considering all the factors, TopTier Trader is highly recommended since you have a single funding program to choose from, which features realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

TopTier Trader is a proprietary trading firm that was incorporated on the 18th of October, 2021. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

While working with TopTier Trader and reaching funded status with the Two-phase Challenge, you will be eligible to receive your first payout after 30 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% up to 95% based on the profit that you have generated on your funded account.

However, while working with TopTier Trader and reaching funded status with the One-phase Challenge, you will be eligible to receive your first payout after 14 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% up to 95% based on the profit that you have generated on your funded account.

When it comes to TopTier 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 TopTier Trader is their Discord channel and YouTube channel, where you can find numerous payout certificates and interviews of the most successful traders.

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

Which Broker Does TopTier Trader Use?

TopTier Trader steers clear of working with conventional broker brands. Instead, they have formed a strategic partnership with a top-tier liquidity provider, ensuring access to the most accurate simulated real-market trading conditions available.

As for trading platforms, while you are working with TopTier Trader, they allow you to trade on TradeLocker.

Trading Instruments

As mentioned above, TopTier Trader is partnered with 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 1:100, depending on the trading instrument that you are trading.

Forex Pairs

EUR/CADCAD/JPYCHF/JPYEUR/CHFEUR/GBPEUR/JPY
EUR/USDGBP/CADGBP/CHFGBP/JPYGBP/USDUSD/CAD
USD/CHFUSD/JPYAUD/CADAUD/CHFAUD/JPYAUD/NZD
AUD/USDCAD/CHFEUR/AUDEUR/NOKEUR/NZDEUR/SEK
EUR/SGDGBP/AUDGBP/NZDNZD/CADNZD/CHFNZD/JPY
NZD/USDUSD/NOKUSD/SEKUSD/SGDEUR/HUFUSD/BRL
USD/CNHUSD/HUFUSD/MXNUSD/TRYUSD/ZAREUR/CZK
EUR/PLNEUR/ZARGBP/ZAREUR/TRY

Commodities

XAU/USDXAU/EURXAG/USDWTIBRENT
NGASCOPPERXPT/USDCORNSOYBEANS
WHEAT

Indices

AUS200ESTX50FRA40GER40UK100
JPN225NAS100SPX500US30CHINA50
HK50SPAIN35VIXUS2000TAIEX

Cryptocurrencies

BTC/USDETH/USDLTC/USDBCH/USD

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX 7 USD / LOT
COMMODITIES 7 USD / LOT (Only Metals)
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
TradeLockerClick here

Education

TopTier Trader provides its community with a detailed Insights section with educational content, such as the following six categories:

  • FX Summit
  • Market Watch
  • Meet Ups
  • Traders
  • Trading Tips
  • Updates

TopTier Trader also offers a comprehensive learning platform, TopTier Academy, designed to support traders at all levels. It provides structured courses, live webinars, and expert guidance across various aspects of trading, from beginner concepts to advanced strategies. The Academy aims to empower traders with the skills and knowledge needed to succeed in the dynamic world of trading.

Additionally, TopTier Trader has developed a Trader Quiz, which is a tool designed to help traders assess their skill level and knowledge of trading. It offers a series of questions to evaluate a trader’s understanding of different concepts, helping individuals identify areas of strength and areas for improvement. This quiz serves as a valuable resource for both new and experienced traders to gauge their readiness and knowledge, offering personalized insights into their trading abilities.

Lastly, TopTier Trader offers all clients access to a well-structured dashboard, which simplifies the process of risk management by providing a comprehensive overview of key metrics and performance indicators. This intuitive tool helps traders track their progress, set and monitor specific goals, and make informed decisions based on detailed statistical objectives, ultimately enhancing their overall trading experience.

TopTier Trader Trading Dashboard

Trustpilot Feedback

TopTier Trader has gathered a great score on Trustpilot based on their community’s feedback.

On Trustpilot, TopTier Trader has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.1 out of 5 from a substantial pool of 4,104 reviews. Notably, 85% of these reviews have awarded TopTier Trader the highest rating of 5 stars.

The first comment shows that TopTier Trader’s customer service is praised for its efficiency in resolving issues and providing clear answers to questions. The client appreciates the accessibility of support, feeling reassured that assistance is only a message away and never feeling stuck with their concerns.

The overall experience with TopTier Trader was smooth and easy, with gratitude expressed for promptly answering all questions. The client acknowledges the professionalism and quick response, contrasting it positively with their experiences with other prop firms. They anticipate having more questions in the future but are satisfied with the current prompt and professional assistance.

Social Media Statistics

TopTier Trader can also be found on numerous social media platforms.

Instagram89,300 Followers
Discord42,063 Members
YouTube18,900 Subscribers
Twitter17,400 Followers
Facebook13,000 Members & 4,900 Likes
TikTok1,309 Followers & 6,272 Likes
Telegram7,308 Members

Customer Support

Live Chat✅
Emailsupport@toptiertrader.com
Phone888-396-8550
DiscordDiscord Link
TelegramTelegram Link
FAQFAQ Link
Help Center❌
WhatsApp❌
Messenger❌
Supported LanguagesEnglish, French, German, Portuguese, Spanish

Account Opening Process

  • Registration Form – Register with TopTier Trader by filling out the registration form with your personal details.
  • Choose Your Account – Choose your account type, account size, and add-ons.
  • Choose Your Payment Method – Choose between a credit/debit card, cryptocurrency, or PayPal payment method.
  • Apply Discount Code – Apply our discount code FOREXPROPREVIEWS and enjoy a 20% discount on all TopTier Trader account types.
  • Receive Login Credentials – Find an email with a greeting from TopTier Trader, where you can access your login credentials for your newly purchased trading account.

Conclusion

In conclusion, TopTier Trader is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between two funding programs: the Two-phase Challenge, which is a two-step evaluation, and the One-phase Challenge, which is a one-step evaluation.

TopTier Trader’s TopTier 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 80% up to 95% profit splits. Traders must reach profit targets of 10% 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 4 calendar days in each evaluation phase. Finally, it’s essential to note that the Two-phase Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.

TopTier Trader’s One-phase 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 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 3 calendar days in each evaluation phase. Finally, it’s essential to note that the One-phase Challenge features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend TopTier 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 an unlimited trading period, multiple add-on features, a scaleable profit split, and bi-weekly payouts. After considering everything TopTier Trader offers to traders worldwide, they are indeed a desirable choice within the prop trading industry.

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

What are your individual opinions on TopTier Trader 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 TopTier Trader review by commenting below!

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Lux Trading Firm Review (5% discount code: forexpropreviews) https://forexpropreviews.com/Proprietary-Trading-Firm/lux-trading-firm/?utm_source=rss&utm_medium=rss&utm_campaign=lux-trading-firm https://forexpropreviews.com/Proprietary-Trading-Firm/lux-trading-firm/#comments Sat, 01 May 2021 08:41:00 +0000 https://forexpropreviews.com/?post_type=casino&p=1432 Lux Trading Firm encourages traders by enabling them to earn higher profits by managing significant amounts of capital. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $1,000,000 and receive 75% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, […]

The post Lux Trading Firm Review (5% discount code: forexpropreviews) appeared first on Forex Prop Reviews.

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Lux Trading Firm encourages traders by enabling them to earn higher profits by managing significant amounts of capital. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $1,000,000 and receive 75% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, stocks, and futures.

Who are Lux Trading Firm?

Lux Trading Firm is a proprietary trading firm with the legal name Lux Trading Firm Ltd that was incorporated on the 27th of January 2021. They are located in London, UK, as well as in Dubai, United Arab Emirates. Lux Trading Firm provides traders with the opportunity to choose between two account types, a one-step evaluation, and a two-step evaluation while developing their own The Lux Broker brokerage.

Lux Trading Firm’s headquarters are located at 128 City Road, London EC1V 2NX, United Kingdom.

Video Review

Funding Program Options

Lux Trading Firm provides its traders with two unique funding program options:

  • Two-step Evaluation
  • One-step Evaluation

Two-step Evaluation

Lux Trading Firm’s Two-step Evaluation provides traders with the opportunity to manage account sizes ranging from $50,000 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 Two-step Evaluation allows you to trade with up to 1:30 leverage.

Account SizePrice
$50,000£299
$200,000£599

Evaluation phase one requires a trader to reach a profit target of 6% while not surpassing their 6% maximum trailing loss rule. 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 29 trading days (15 calendar days for swing traders) in order to proceed to phase two. After completing the first evaluation phase, you are also eligible for a 50% refund of your initial one-time fee.

Evaluation phase two requires a trader to reach a profit target of 4% while not surpassing their 5% maximum trailing loss rule. 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 trailing loss limit rule. After completing the second evaluation phase, you are also eligible for a second 50% refund of your initial one-time fee.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 6% maximum trailing loss rule. Your first payout is 30 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted monthly. Your profit split will be 75% based on the profit you make on your funded account.

Two-step Evaluation Scaling Plan

The Two-step Evaluation also has a scaling plan. If a trader manages to reach a 10% profit target, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits.

Scaling Plan – $50,000 Account
Scaling Plan – $200,000 Account

Two-step Evaluation 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 6%, whereas Phase 2 requires reaching a profit target of 4%. Funded accounts do not have any specified profit targets.
  • 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%.
  • Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. Evaluation phase one has a 29 minimum trading day requirement (15 calendar days for swing traders), while evaluation phase two has no minimum trading day requirements.
  • Stop-loss Required – Before initiating a trade, it is mandatory for the trader to place a stop-loss on each position. The minimum stop-loss distance for each trading instrument is displayed within the following Document.
  • 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. You should be consistent with your risk size per trade while trading in the evaluation stage. In cases of multiple trades, the total risk must also be the same.

One-step Evaluation

Lux Trading Firm’s One-step Evaluation provides traders with the opportunity to manage account sizes of $1,000,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The One-step Evaluation allows you to trade with up to 1:30 leverage.

Account SizePrice
$1,000,000£1,499

The evaluation phase requires a trader to reach a profit target of 15% while not surpassing their 6% maximum trailing loss rule. 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 29 trading days (15 calendar days for swing traders) 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 6% maximum trailing loss rule. Your first payout is 30 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted monthly. Your profit split will be 75% based on the profit you make on your funded account.

One-step Evaluation Scaling Plan

The One-step Evaluation also has a scaling plan. If a trader manages to reach a 10% profit target, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits.

Scaling Plan – $1,000,000 Account

One-step Evaluation 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 15%. Funded accounts do not have any specified profit targets.
  • 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%.
  • Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. The evaluation phase has a 29 minimum trading day requirement (15 calendar days for swing traders).
  • Stop-loss Required – Before initiating a trade, it is mandatory for the trader to place a stop-loss on each position. The minimum stop-loss distance for each trading instrument is displayed within the following Document.
  • 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. You should be consistent with your risk size per trade while trading in the evaluation stage. In cases of multiple trades, the total risk must also be the same.

What Makes Lux Trading Firm Different From Other Prop Firms?

Lux Trading Firm differs from most industry-leading prop firms due to offering two unique account types: a one-step evaluation and a two-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, no minimum trading day requirements (Phase two of Two-step Evaluation), no maximum daily drawdown rule, a scaling plan up to $10,000,000, and account sizes up to $1,000,000 (One-step Evaluation).

Lux Trading Firm’s Two-step Evaluation is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 6% in phase one and 4% in phase two, with a 6% maximum trailing loss rule. You also have no maximum trading day requirements during either evaluation phase. However, you are required to trade a minimum of 29 trading days (15 calendar days for swing traders) in phase one, while there are no minimum trading day requirements in phase two. The Two-step Evaluation also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Two-step Evaluation stands out mainly for having an unlimited trading period, no minimum trading day requirements in phase two, no maximum daily drawdown rule, and a scaling plan up to $10,000,000.

Example of comparison between Lux Trading Firm & Funding Pips

Trading ObjectivesLux Trading FirmFunding Pips
Phase 1 Profit Target6%8%
Phase 2 Profit Target4%5%
Maximum Daily Loss❌5% (Scaleable up to 7%)
Maximum Loss6% (Trailing)10% (Scaleable up to 14%)
Minimum Trading DaysPhase One: 29 Calendar Days
(Swing Traders: 15 Calendar Days)
Phase Two: No Minimum Trading Days
3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split75%80% up to 100% + Monthly Salary

Example of comparison between Lux Trading Firm & FundedNext

Trading ObjectivesLux Trading FirmFundedNext (Evaluation)
Phase 1 Profit Target6%10%
Phase 2 Profit Target4%5%
Maximum Daily Loss❌5%
Maximum Loss6% (Trailing)10%
Minimum Trading DaysPhase One: 29 Calendar Days
(Swing Traders: 15 Calendar Days)
Phase Two: No Minimum Trading Days
5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: 4 Weeks
Phase 2: 8 Weeks
Profit Split75%80% up to 90%

Example of comparison between Lux Trading Firm & E8 Markets

Trading ObjectivesLux Trading FirmE8 Markets
Phase 1 Profit Target6%8%
Phase 2 Profit Target4%4%
Maximum Daily Loss❌4%
Maximum Loss6% (Trailing)8% (Scaleable to 14%)
Minimum Trading DaysPhase One: 29 Calendar Days
(Swing Traders: 15 Calendar Days)
Phase Two: No Minimum Trading Days
No Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split75%80%

Lux Trading Firm’s One-step Evaluation is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 15%, with a 6% maximum trailing loss rule. You also have no maximum trading day requirements during the evaluation phase. However, you are required to trade a minimum of 29 trading days (15 calendar days for swing traders) during the evaluation phase. The One-step Evaluation also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the One-step Evaluation stands out mainly for having an unlimited trading period, no maximum daily drawdown rule, a scaling plan up to $10,000,000, and account sizes up to $1,000,000.

Example of comparison between Lux Trading Firm & PipFarm

Trading ObjectivesLux Trading FirmPipFarm (Trailing)
Profit Target15%12%
Maximum Daily Loss❌3%
Maximum Loss6% (Trailing)12% (Trailing)
Minimum Trading Days29 Calendar Days
(Swing Traders: 15 Calendar Days)
3 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split75%70% up to 95%

Example of comparison between Lux Trading Firm & MyFundedFX

Trading ObjectivesLux Trading FirmMyFundedFX
Profit Target15%10%
Maximum Daily Loss❌4% (Scaleable up to 6%)
Maximum Loss6% (Trailing)6% (Trailing)(Scaleable up to 12%)
Minimum Trading Days29 Calendar Days
(Swing Traders: 15 Calendar Days)
No Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split75%80% up to 92.75%

Example of comparison between Lux Trading Firm & The Funded Trader

Trading ObjectivesLux Trading FirmThe Funded Trader
Profit Target15%10%
Maximum Daily Loss❌3% (4% with Add-on)
Maximum Loss6% (Trailing)6% (Trailing)(7% with Add-on)
Minimum Trading Days29 Calendar Days
(Swing Traders: 15 Calendar Days)
No Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split75%80% up to 90%

In conclusion, Lux Trading Firm differs from other industry-leading prop firms by offering two unique account types: a one-step evaluation and a two-step evaluation. In addition, they also provide numerous favorable features, such as an unlimited trading period, no minimum trading day requirements (Phase two of Two-step Evaluation), no maximum daily drawdown rule, a scaling plan up to $10,000,000, and account sizes up to $1,000,000 (One-step Evaluation).

Is Getting Lux Trading Firm 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 Two-step Evaluation is realistic primarily due to its below-average profit targets (6% in phase one and 4% in phase two) coupled with average maximum loss rules (6% maximum trailing loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 29 calendar days (15 calendar days for swing traders) in phase one and no minimum trading day requirements in phase two. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 75%.
  • Receiving capital from the One-step Evaluation is realistic primarily due to its slightly above-average profit target of 15% coupled with the average maximum loss rule (6% maximum trailing loss). It is important to note that there are no maximum trading day requirements while having a minimum trading day requirement of 29 calendar days (15 calendar days for swing traders). Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 75%.

After considering all the factors, Lux Trading Firm is highly recommended since you have two unique funding programs to choose from, a one-step evaluation and a two-step evaluation, which both feature realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

Lux Trading Firm is a proprietary trading firm that was incorporated on the 27th of January, 2021. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

While working with Lux Trading Firm and reaching funded status with the Two-step or One-step Evaluation, you will be eligible to receive your first payout after 30 calendar days. However, after your first payout, you will also be eligible to receive payouts if you exceed your initial account size every 30 calendar days. Your profit split will consist of a generous 75% based on the profit that you have generated on your funded account.

When it comes to Lux Trading Firm 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 Lux Trading Firm is their YouTube channel, where you can find numerous trader interviews of their most successful traders.

Examples of successful Trader Interviews can be seen below.

Which Broker Does Lux Trading Firm Use?

Lux Trading Firm doesn’t trade with any of the common broker brands. Instead, they have developed their own The Lux Broker.

As for trading platforms, while working with Lux Trading Firm, they allow you to trade on The Lux Trader or Match-Trader.

Trading Instruments

As mentioned above, Lux Trading Firm has developed The Lux Broker, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, stocks, and futures, with a leverage of up to 1:30, depending on the trading instrument that you are trading.

Forex Pairs

AUD/CADAUD/CHFAUD/JPYAUD/NOKAUD/NZDAUD/PLN
AUD/SEKAUD/SGDAUD/USDCAD/CHFCAD/JPYCHF/HUF
CHF/JPYCHF/NOKCHF/PLNCHF/SEKCHF/SGDEUR/AUD
EUR/CADEUR/CHFEUR/CZKEUR/DKKEUR/GBPEUR/HKD
EUR/HUFEUR/JPYEUR/MXNEUR/NOKEUR/NZDEUR/PLN
EUR/SEKEUR/SGDEZR/TRYEUR/USDEUR/ZARGBP/AUD
GBP/CADGBP/CHFGBP/DKKGBP/HUFGBP/JPYGBP/MXN
GBP/NOKGBP/NZDGBP/PLNGBP/SEKGBP/SGDGBP/TRY
GBP/USDGBP/ZARHKD/JPYNOK/JPYNOK/SEKNZD/CAD
NZD/CHFNZD/HUFNZD/JPYNZD/SGDNZD/USDPLN/JPY
SEK/JPYSGD/JPYUSD/CADUSD/CHFUSD/CNHUSD/CZK
USD/DKKUSD/HKDUSD/HUFUSD/ILSUSD/JPYUSD/MXN
USD/NOKUSD/PLNUSD/RUBUSD/SEKUSD/SGDUSD/THB
USD/TRYUSD/ZARZAR/JPY

Commodities

UKOilUSOilNGASXAG/AUDXAG/EUR
XAG/USDXAL/USDXAU/AUDXAU/EURXAU/USD
XPD/USDXPT/USD

Indices

AUS200CH50US30SPA35STOXX50
FR40GER40HKDJPN225NE25
US100RUS2000US500SWI20UK100

As mentioned above, Lux Trading Firm also allows you to trade a wide range of stocks and futures. To view the full list, please refer to the List of All Symbols.

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREXCommission Fees Vary
COMMODITIESCommission Fees Vary
INDICESCommission Fees Vary
STOCKSCommission Fees Vary
FUTURESCommission Fees Vary

Spread Account

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

PlatformServerLogin NumberPasswordDownload Platform
Match-TraderClick here

Education

Lux Trading Firm provides its community with a detailed Blog with valuable educational articles.

Lux Trading Firm also offers a free trial option to its community, allowing members to familiarize themselves with its platform and trading rules while experiencing what it’s like to trade with the company.

Lastly, Lux Trading Firm also offers a modern trading dashboard to keep track of your trading progress, which can be extremely beneficial during evaluation stages as well as once you are managing a funded account.

Trustpilot Feedback

Lux Trading Firm has gathered a great score on Trustpilot based on their community’s feedback.

On Trustpilot, Lux Trading Firm has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.1 out of 5 from a substantial pool of 662 reviews. Notably, 78% of these reviews have awarded Lux Trading Firm the highest rating of 5 stars.

The first comment shows the client praising Lux Trading Firm’s MT5 platform as a bridge between traditional and futuristic trading. They express the platform’s richness with tools and cryptocurrencies, creating a unique experience that feels both rooted in the past and forward-looking toward the future.

The client shares a positive experience with Lux Trading Firm, highlighting their successful cash-out process and seamless payout. Despite initial nerves, the Lux team made the experience easy, and the funds were received faster than expected. They recommend Lux Trading Firm as a reliable platform that delivers on payouts.

Social Media Statistics

Lux Trading Firm can also be found on numerous social media platforms.

Facebook4,600 Followers & 3,400 Likes
Twitter2.493 Followers
Instagram3,567 Followers
YouTube6,860 Subscribers
Discord4,711 Members

Customer Support

Live Chat✅
Emailsales@luxtradingfirm.com
tech-support@luxtradingfirm.com
trading@luxtradingfirm.com
PhoneMarketing & Sales: +44 (0)20 7167 8107
Management: +382 325 40312
Administration: +971 4 4070582
DiscordDiscord Link
FAQFAQ Link
Supported LanguagesEnglish

Account Opening Process

  • Registration Form – Register with Lux Trading Firm by filling out the registration form with your personal details and logging into the trading dashboard.
  • Choose Your Account – Choose your account type and account size.

Conclusion

In conclusion, Lux Trading Firm is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between two funding programs: the Two-step Evaluation, which is a two-step evaluation, and the One-step Evaluation, which is a one-step evaluation.

Lux Trading Firm’s Two-step Evaluation 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% profit splits. Traders must reach profit targets of 6% in phase one and 4% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 6% maximum trailing loss rule 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 29 calendar days (15 calendar days for swing traders) in phase one, and no minimum trading day requirements in phase two. Finally, it’s essential to note that the Two-step Evaluation features a scaling plan, providing you with the opportunity to increase your initial account balance.

On the other hand, Lux Trading Firm’s One-step Evaluation is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 75% profit splits. Traders must reach a profit target of 15% to become successfully funded. These are realistic trading objectives, considering you have a 6% maximum trailing loss rule 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 29 calendar days (15 calendar days for swing traders). Finally, it’s essential to note that the One-step Evaluation features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend Lux Trading Firm 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 an unlimited trading period, no minimum trading day requirements (Phase two of Two-step Evaluation), a scaling plan up to $10,000,000, and account sizes up to $1,000,000 (One-step Evaluation). After considering everything Lux Trading Firm has to offer to traders worldwide, they can be considered an excellent choice for anyone who has a well-developed trading strategy and is looking to acquire profits slowly on a consistent basis.

Our detailed review of Lux Trading Firm was last updated on 07.03.2025 at 09:05 (CE(S)T).

What are your individual opinions on Lux Trading Firm 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 Lux Trading Firm review by commenting below!

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Fintokei Review (10% Discount Code: FOREXPROPREVIEWS) https://forexpropreviews.com/Proprietary-Trading-Firm/fintokei/?utm_source=rss&utm_medium=rss&utm_campaign=fintokei https://forexpropreviews.com/Proprietary-Trading-Firm/fintokei/#respond Mon, 22 Jun 2020 10:30:00 +0000 https://forexpropreviews.com/?post_type=casino&p=58026 Fintokei is a proprietary trading firm that provides a secure environment for traders to sharpen their skills, develop healthy habits, and build discipline, all aimed at outperforming the market and establishing a verified track record. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to €400,000 and receive […]

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Fintokei is a proprietary trading firm that provides a secure environment for traders to sharpen their skills, develop healthy habits, and build discipline, all aimed at outperforming the market and establishing a verified track record. 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, and indices.

Who are Fintokei?

Fintokei is a proprietary trading firm with the legal name Fintokei a.s., that was incorporated in April 2023. They are located in Brno, Czech Republic, and are being managed by CEO David Varga. Fintokei provides traders with the opportunity to choose between three account types, a two-step evaluation, a three-step evaluation, and an instant funding program while being partnered with Purple Trading Seychelles as their broker.

Fintokei headquarters are located at Masarykova 409 26, 602 00 Brno – Město Brno, Czech Republic.

Who is the CEO of Fintokei?

David Varga is the CEO of Fintokei. Note that we will be adding more information about their CEO in the future. Stay tuned!

Funding Program Options

Fintokei provides its traders with three unique funding program options:

  • Pro Trader
  • Start Trader
  • Swift Trader

Pro Trader

Fintokei Pro Trader provides traders with the opportunity to manage account sizes ranging from €10,000 up to €400,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Pro Trader allows you to trade with up to 1:100 leverage while also being able to choose your account funding between USD, EUR, JPY, and CZK.

Account SizePrice
€10,000€99
€20,000€149
€50,000€299
€100,000€499
€200,000€999
€400,000€1,999

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 three 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 three 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 14 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted bi-weekly. Your profit split will be 80% up to 95% based on the profit you make on your funded account.

Pro Trader Scaling Plan

Pro Trader also has a scaling plan. If a trader manages to secure a 10% profit during at least two consecutive months, you will become eligible to scale your account balance to the following account size and, depending on the level, potentially increase your profit split.

Pro Trader 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 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 3 days.
  • No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.

Start Trader

Fintokei Start Trader provides traders the opportunity to manage account sizes ranging from €20,000 up to €100,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the three-step evaluation period. The Start Trader allows you to trade with up to 1:25 leverage while also being able to choose your account funding between USD, EUR, JPY, and CZK.

Account SizePrice
€20,000€119
€50,000€244
€100,000€419

Evaluation phase one requires a trader to reach a profit target of 2% while not surpassing their 5% maximum daily loss or 5% maximum loss rules. When it comes to time limitations, note that you have 180 days to reach the profit target during phase one. Additionally, you are also required to trade for a minimum of 3 calendar days in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 3% while not surpassing their 5% maximum daily loss or 5% maximum loss rules. When it comes to time limitations, note that you have 180 days to reach the profit target during phase two. Additionally, you are also required to trade for a minimum of 3 calendar days in order to proceed to phase three.

Evaluation phase three also requires a trader to reach a profit target of 6% while not surpassing their 5% maximum daily loss or 5% maximum loss rules. When it comes to time limitations, note that you have 180 days to reach the profit target during phase three. Additionally, you are also required to trade for a minimum of 3 calendar days in order to proceed to a funded account.

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 14 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted bi-weekly. Your profit split will be 50% based on the profit you make on your funded account.

Start Trader Scaling Plan

Start Trader also has a scaling plan. If a trader manages to secure a 10% profit during at least two consecutive months, you will become eligible to scale your account balance to the following account size.

Start Trader 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 2%, whereas Phase 2 is set at 3%, and Phase 3 requires reaching a profit target of 6%. 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 Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. All three evaluation phases have a minimum trading day requirement of 3 days.
  • Maximum Trading Period – The maximum trading duration during which you must reach your required profit target and conclude your evaluation phase. All three evaluation phases have a maximum trading period of 180 days.
  • 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 first trading day should not exceed 40% of your total profits, and a maximum profit of 1% can be earned on trading day 1. (Only applies to all three Evaluation phases)

Swift Trader

Fintokei Swift Trader provides traders with the opportunity to manage account sizes ranging from €1,000 up to €50,000. The aim is to allow traders to skip the evaluation altogether and start earning from the start. The Swift Trader allows you to trade with up to 1:50 leverage while also being able to choose your account funding between USD, EUR, JPY, and CZK.

Account SizePrice
€1,000€79
€2,000€119
€5,000€259
€10,000€519
€50,000€2,699

By purchasing the Swift Trader, you are awarded a funded account with an initial 10% profit target for your first payout. You must also respect the 10% maximum trailing loss rule. Your first payout is once you manage to secure a 10% profit, while all other withdrawals can be submitted on a bi-weekly basis. Your profit split will be 50% up to 90% based on the profit you make on your funded account.

Swift Trader Scaling Plan

Swift Trader also has a scaling plan. If a trader manages to secure a 10% profit during at least two consecutive months, you will become eligible to scale your account balance to the following account size and, depending on the level, potentially increase your profit split.

Swift Trader 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 first payout is 10%. After the first payout, there are no profit target requirements.
  • 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 10%.
  • No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.

What Makes Fintokei Different From Other Prop Firms?

Fintokei differs from most industry-leading prop firms due to offering three unique account types: a two-step evaluation, a three-step evaluation, and an instant funding program. In addition, they also provide numerous favorable features, such as an unlimited trading period, account sizes up to $400,000 (Pro Trader), low profit target requirements (Start Trader), affordable pricing (Start Trader), instant funding program (Swift Trader), no minimum trading day requirements (Swift Trader), profit split up to 95%, first withdrawal after 14 calendar days, and future bi-weekly withdrawals.

Fintokei’s Pro Trader 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 3 calendar days in each evaluation phase. The Pro Trader also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Pro Trader stands out mainly for having an unlimited trading period, account sizes up to $400,000, profit split up to 95%, first withdrawal after 14 calendar days, and future bi-weekly withdrawals.

Example of comparison between Fintokei & FXIFY

Trading ObjectivesFintokeiFXIFY
Phase 1 Profit Target8%10%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days3 Calendar Days5 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%75% up to 90%

Example of comparison between Fintokei & Funding Pips

Trading ObjectivesFintokeiFunding 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 Days3 Calendar Days3 Calendar Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%60% up to 100% + Monthly Salary

Example of comparison between Fintokei & Smart Prop Trader

Trading ObjectivesFintokeiSmart 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 Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% up to 95%75% up to 95%

Fintokei’s Start Trader is a three-step evaluation that requires traders to successfully complete three phases before becoming eligible for payouts. The profit target is 2% in phase one, 3% in phase two, and 6% in phase three, with a 5% maximum daily and 10% maximum loss rules. You also have a maximum trading day limitation of 180 days during each evaluation phase while being required to trade for a minimum of 3 calendar days during each evaluation phase. The Start Trader also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Start Trader stands out mainly for having low profit target requirements, affordable pricing, first withdrawal after 14 calendar days, and future bi-weekly withdrawals.

Example of comparison between Fintokei & The5ers

Trading ObjectivesFintokeiThe5ers (Bootcamp)
Phase 1 Profit Target2%6%
Phase 2 Profit Target3%6%
Phase 3 Profit Target6%6%
Maximum Daily Loss5%❌ (3% Daily Pause Once Funded)
Maximum Loss10%5% (4% Once Funded)
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: 180 Days
Phase 2: 180 Days
Phase 3: 180 Days
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split50%50% up to 100%

Example of comparison between Fintokei & E8 Markets

Trading ObjectivesFintokeiE8 Markets
Phase 1 Profit Target2%8%
Phase 2 Profit Target3%4%
Phase 3 Profit Target6%4%
Maximum Daily Loss5%4%
Maximum Loss10%8% (Scaleable up to 14%)
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: 180 Days
Phase 2: 180 Days
Phase 3: 180 Days
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split50%80%

Example of comparison between Fintokei & The Funded Trader

Trading ObjectivesFintokeiThe Funded Trader
Phase 1 Profit Target2%8%
Phase 2 Profit Target3%5%
Phase 3 Profit Target6%5%
Maximum Daily Loss5%5%
Maximum Loss10%10%
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: 180 Days
Phase 2: 180 Days
Phase 3: 180 Days
Phase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Profit Split50%75% up to 95%

Fintokei’s Swift Trader is a direct funding account that allows traders to skip the evaluation altogether and start earning from the start. There is an initial 10% profit target for your first withdrawal, with a 10% maximum trailing loss rule. You also have no minimum or maximum trading day requirements. Swift Trader also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, Swift Trader stands out mainly for having an unlimited trading period, no minimum trading day requirements, being an instant funding program, profit split up to 90%, and future bi-weekly withdrawals.

Example of comparison between Fintokei & The5ers

Trading ObjectivesFintokeiThe5ers
Profit Target10% (For First Withdrawal)10%
Maximum Daily Loss❌3% (Daily Pause)
Maximum Loss10% (Trailing)6%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split50% up to 90%50% up to 100%

Example of comparison between Fintokei & Funded Trading Plus

Trading ObjectivesFintokeiFunded Trading Plus
Profit Target10% (For First Withdrawal)❌
Maximum Daily Loss❌6%
Maximum Loss10% (Trailing)6% (Trailing)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split50% up to 90%80% up to 100%

Example of comparison between Fintokei & FTUK

Trading ObjectivesFintokeiFTUK
Profit Target10% (For First Withdrawal)❌ (10% For Scaling)
Maximum Daily Loss❌❌
Maximum Loss10% (Trailing)6%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split50% up to 90%50% up to 80%

In conclusion, Fintokei differs from other industry-leading prop firms by offering three unique account types: a two-step evaluation, a three-step evaluation, and an instant funding program. In addition, they also provide numerous favorable features, such as an unlimited trading period, account sizes up to $400,000 (Pro Trader), low profit target requirements (Start Trader), affordable pricing (Start Trader), instant funding program (Swift Trader), no minimum trading day requirements (Swift Trader), profit split up to 95%, first withdrawal after 14 calendar days, and future bi-weekly withdrawals.

Is Getting Fintokei 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 Pro Trader is realistic primarily due to its below-average 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 3 calendar days. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80% up to 95%.
  • Receiving capital from the Start Trader is realistic primarily due to its relatively modest profit targets, despite the additional evaluation phase (2% in phase one, 3% in phase two, and 6% in phase 3) coupled with slightly below-average maximum loss rules (5% maximum daily and 10% maximum loss). It is important to note that there is a maximum trading period of 180 days in each evaluation phase, with a minimum trading day requirement of 3 calendar days. Furthermore, upon successfully completing all three evaluation phases, participants qualify for payouts featuring an advantageous profit split of 50%.
  • Receiving capital from the Swift Trader program is realistic primarily due to its average first withdrawal profit target of 10% coupled with the average maximum loss rule (10% 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 trade at your preferred pace. Furthermore, upon successfully generating a profit, participants qualify for payouts featuring an advantageous profit split of 50% up to 90%.

After considering all the factors, Fintokei is highly recommended since you have three unique funding programs to choose from, a two-step evaluation, a three-step evaluation, and an instant funding program, which all feature realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

Fintokei is a proprietary trading firm that was incorporated in April 2023. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

While working with Fintokei and reaching funded status with the Pro Trader, Start Trader, and Swift Trader, you will be eligible to receive your first payout after 14 calendar days. However, after your first payout, you will also be eligible to receive payouts if you exceed the initial account size every 14 calendar days. Your profit split will consist of a generous 80% up to 95 based on the profit that you have generated on your funded Pro Trader, while the Start Trader will provide you with a generous profit split of 55% up to 90%. Lastly, Swift Trader will provide you with a generous profit split of 50%.

When it comes to Fintokei 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 Fintokei is their website, 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 Fintokei Use?

Fintokei is partnered with Purple Trading Seychelles as their broker.

Purple Trading Seychelles aspires to be more than just a broker. Their objective is to provide favorable trading conditions and cutting-edge technologies and, most importantly, to establish a relationship where you view them as your equal partner. They firmly believe that this approach is the key to realizing success in the dynamic landscape of financial markets.

As for trading platforms, while you are working with Fintokei, they allow you to trade on MetaTrader 4, MetaTrader 5, or cTrader.

Trading Instruments

As mentioned above, Fintokei is partnered with Purple Trading Seychelles, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, and indices with a leverage of up to 1:100, depending on the trading instrument that you are trading and the funding program type that you are participating in.

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/SEK
EUR/SGDEUR/USDEUR/ZARGBP/AUDGBP/CADGBP/CHF
GBP/JPYGBP/NZDGBP/SGDGBP/USDGBP/ZARNOK/SEK
NZD/CADNZD/CHFNZD/JPYNZD/SEKNZD/SGDNZD/USD
SGD/JPYUSD/CADUSD/CHFUSD/CZKUSD/HUFUSD/ILS
USD/JPYUSD/MXNUSD/NOKUSD/PLNUSD/SEKUSD/SGD
USD/ZARZAR/JPY

Commodities

XAG/USDXAU/USDXPD/USDXPT/USDBRENT
CLNGAS

Indices

ASXCACDAXHK50BRENT.i
CL.iNIKKEINSDQSPSTOXX50
FTSEDOW

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX6 USD / LOT
COMMODITIES6 USD / LOT
INDICES6 USD / LOT

Spread Account

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

PlatformServerLogin NumberPasswordDownload Platform
MetaTrader 4PurpleTradingSC-03Demo30043878q8B=k|TG7Click here
MetaTrader 5PurpleTradingSC-01MT55099677q8B=k|TG7Click here
cTraderClick here

Education

Fintokei provides its community with a detailed Blog with educational content, such as:

  • About Prop Trading
  • How To Trade
  • Inspiration
  • What’s New

Fintokei stands out as a distinctive proprietary trading firm by offering a free trial option. This gives traders the opportunity to familiarize themselves with the platform’s trading conditions, reducing the risk of mistakes when they choose one of the five available evaluation programs.

Lastly, Fintokei grants all clients entry to a trader dashboard meticulously crafted by professionals. This functionality simplifies risk management by providing continual access to comprehensive statistics and objectives, guaranteeing real-time updates.

Fintokei Trading Dashboard

Trustpilot Feedback

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

On TrustpilotFintokei has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.5 out of 5 from a substantial pool of 366 reviews. Notably, 83% of these reviews have awarded Fintokei the highest rating of 5 stars.

In the first example, the client had a very pleasant experience with Fintokei. They found the trading conditions favorable and appreciated the fast procedures and credentials. The payout process was smooth, and any minor issues were quickly and professionally resolved. Overall, the client felt that Fintokei provided a stable and reliable service.

The second client also had a positive experience with Fintokei, describing their services as easy and efficient. They appreciated the immediate setup and the well-laid-out dashboard. The client also noted that customer support was fast and friendly. Having just become funded, they expressed optimism about building a lasting relationship with Fintokei, praising the service as first-class all around.

Social Media Statistics

Fintokei can also be found on numerous social media platforms.

Facebook22 Followers & 19 Likes
Twitter4,415 Followers
Instagram3,658 Followers
YouTube422 Subscribers

Customer Support

Live Chat✅
Emailsupport@fintokei.com
Phone+420 321 338 152
Discord❌
Telegram❌
FAQFAQ Link
Supported LanguagesEnglish, Czech, Japanese

Account Opening Process

  • Registration Form – Register with Fintokei by filling out the registration form with your personal details.
  • Choose Your Account – Choose your account type, currency, trading platform, and account size.
  • Apply Discount Code – Apply our discount code FOREXPROPREVIEWS and enjoy a 10% discount on all Fintokei account types.
  • Choose Your Payment Method – Choose between a credit/debit card and a cryptocurrency payment method.

Conclusion

In conclusion, Fintokei is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between three funding programs: the Pro Trader, which is a two-step evaluation, the Start Trader, which is a three-step evaluation, and the Swift Trader, which is an instant funding program.

Fintokei’s Pro Trader 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% 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 trade for a minimum of 3 calendar days in each evaluation phase. Finally, it’s essential to note that the Pro Trader features a scaling plan, providing you with the opportunity to increase your initial account balance.

Fintokei’s Start Trader is a three-step evaluation that requires the completion of three phases before becoming eligible to manage a funded account and earn 50% profit splits. Traders must reach profit targets of 2% in Phase One, 3% in Phase Two, and 6% 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 a maximum 180-day requirement during each evaluation phase. Additionally, you are required to trade for a minimum of 3 calendar days in each evaluation phase. Finally, it’s essential to note that the Start Trader features a scaling plan, providing you with the opportunity to increase your initial account balance.

Fintokei’s Swift Trader is a direct funding program that allows traders to skip the evaluation altogether and start earning 50% up to 90% profit splits from the start. Traders have an initial 10% profit target for the first payout, with a 10% maximum trailing loss rule, which is a realistic trading objective. Regarding time limitations, you have no minimum or maximum trading day requirements, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that Swift Trader features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend Fintokei 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 an unlimited trading period, account sizes up to $400,000 (Pro Trader), low profit target requirements (Start Trader), affordable pricing (Start Trader), instant funding program (Swift Trader), no minimum trading day requirements (Swift Trader), profit split up to 95%, first withdrawal after 14 calendar days, and future bi-weekly withdrawals. After considering everything Fintokei offers to traders worldwide, they are indeed a desirable choice within the prop trading industry.

Our detailed review of Fintokei was last updated on 04.02.2025 at 11:50 (CE(S)T).

What are your individual opinions on Fintokei 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 Fintokei review by commenting below!

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OFP Review (15% Discount Code: FOREXPROPREVIEWS) https://forexpropreviews.com/Proprietary-Trading-Firm/ofp/?utm_source=rss&utm_medium=rss&utm_campaign=ofp https://forexpropreviews.com/Proprietary-Trading-Firm/ofp/#respond Mon, 22 Jun 2020 10:20:00 +0000 https://forexpropreviews.com/?post_type=casino&p=57575 OFP is a proprietary trading firm that understands the inherent challenges of trading. To address this, they have introduced a genuine instant funding program, offering participants a range of benefits to support them in their trading journey. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 […]

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OFP is a proprietary trading firm that understands the inherent challenges of trading. To address this, they have introduced a genuine instant funding program, offering participants a range of benefits to support them in their trading journey. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 and receive up to 80% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, cryptocurrencies, and bonds.

Who are OFP?

OFP is a proprietary trading firm with the legal name FINTEKNOLOGY LTD that was incorporated in February 2022. They are located in London, UK, and are being managed by CEO Ruggero Catalano Rossi Danielli. OFP provides traders with the opportunity to choose between a customizable instant funding program while being partnered with Thunder Markets as their broker.

OFP’s headquarters are located at 28 Great Smith Street, England, London, SW1P 3BU.

Who is the CEO of OFP?

Ruggero Catalano Rossi Danielli is the CEO of OFP. Note that we will be adding more information about their CEO in the future. Stay tuned!

Video Review

Funding Program Options

OFP provides its traders with a single funding program option.

Instant Funding

OFP’s Instant Funding provides traders the opportunity to manage account sizes ranging from $5,000 up to $200,000. The aim is to allow traders to skip the evaluation altogether and start earning from the start.  Instant Funding allows you to trade with up to 1:100 leverage while also being able to choose your account funding between USD, EUR, and GBP.

Account SizePrice
$5,000$18.25 up to $166.80
$10,000$25.75 up to 249.60
$25,000$42.75 up to $399
$50,000$87 up to $788.40
$100,000$171.50 up to $1,507.80
$200,000$338 up to $2997

By purchasing Instant Funding, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 3%, 4%, or 5% maximum daily and 6%, 8%, or 10% maximum trailing loss rules. Your first payout can be on a monthly basis, bi-weekly basis, or on-demand when the Trader Value Score has been met, while all following withdrawals can be submitted on a monthly, bi-weekly, or on-demand basis, depending on the account type that you are trading on. Your profit split will be 26% up to 80% based on the profit you make on your funded account.

Instant Funding Scaling Plan

Instant Funding also has a scaling plan. If a trader is profitable and manages to secure a 20% profit within a three-month period, then they will become eligible for an account size increase equal to 25% of the initial account size.

Example:

After 3 Months: A qualified $100,000 account, which secured a 20% profit, will increase to $125,000.

After the Next 3 Months: A qualified $125,000 account, which secured a 20% profit, will increase to $150,000.

After the Next 3 Months: A qualified $150,000 account, which secured a 20% profit, will increase to $175,000.

And so on…

Customizable Instant Funding Trading Objectives

Trading ObjectiveObjective Options
Maximum Daily & Maximum Loss Limits3% Max Daily & 6% Max,
4% Max Daily & 8% Max,
5% Max Daily & 10% Max
Profit Split26%, 40%, 60%, 80%
Type of PayoutMonthly, Bi-weekly, On-demand
CurrencyUSD, EUR, GBP

Instant Funding Trading Rules & Objectives

  • 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 3-5%.
  • 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 6-10%.
  • 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.
  • 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 Trader Value Score is a measure of a trader’s consistency, which cannot be equal to or higher than each individual’s Max Trader Value Score. It’s calculated as the total profit of your best trading day divided by the total PnL of your trading period. The Max Trader Value Score is different with each account type. It is also worth noting that a higher Trader Value Score doesn’t result in account closure. However, it is mandatory to be within the limit to be eligible to request a withdrawal.

What Makes OFP Different From Other Prop Firms?

OFP differs from most industry-leading prop firms due to offering a single account type, an instant funding program. In addition, they also provide numerous favorable features, such as access to instant funding programs, customizable funding programs, no profit target requirements, an unlimited trading period, and an opportunity to receive on-demand payouts.

OFP’s Instant Funding is a direct funding account that allows traders to skip the evaluation altogether and start earning from the start. There are no withdrawal requirements, only a 3%, 4%, or 5% maximum daily, and 6%, 8%, or 10% maximum trailing loss rules. You also have no minimum or maximum trading day requirements. Instant Funding also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, Instant Funding stands out mainly for having access to instant funding programs, customizable funding programs, no profit target requirements, an unlimited trading period, and an opportunity to receive on-demand payouts.

Example of comparison between OFP & FTUK

Trading ObjectivesOFPFTUK
Profit Target❌❌ (10% For Scaling)
Maximum Daily Loss3%, 4%, or 5%❌
Maximum Loss6%, 8%, or 10% (Trailing)6%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split26% up to 80%50% up to 80%

Example of comparison between OFP & Funded Trading Plus

Trading ObjectivesOFPFunded Trading Plus
Profit Target❌❌
Maximum Daily Loss3%, 4%, or 5%6%
Maximum Loss6%, 8%, or 10% (Trailing)6% (Trailing)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split26% up to 80%80% up to 100%

Example of comparison between OFP & The5ers

Trading ObjectivesOFPThe5ers
Profit Target❌10%
Maximum Daily Loss3%, 4%, or 5%3% (Daily Pause)
Maximum Loss6%, 8%, or 10% (Trailing)6%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split26% up to 80%50% up to 100%

In conclusion, OFP differs from other industry-leading prop firms by offering a single account type, an instant funding program. In addition, they also provide numerous favorable features, such as access to instant funding programs, customizable funding programs, no profit target requirements, an unlimited trading period, and an opportunity to receive on-demand payouts.

Is Getting OFP 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 Instant Funding is realistic primarily due to no profit target requirements coupled with average maximum loss rules (3%, 4%, or 5% maximum daily and 6%, 8%, or 10% 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 trade at your preferred pace. Furthermore, upon successfully generating a profit, participants qualify for payouts featuring an advantageous profit split of 26% up to 80%.

After considering all the factors, OFP is highly recommended since you have a single funding program to choose from, which features realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

OFP is a proprietary trading firm that was incorporated in February 2022. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

While working with OFP and reaching funded status with Instant Funding, you will be eligible to receive your first payout after 30 calendar days, 14 calendar days, or on an on-demand basis if you meet the Trader Value Score based on which funding program type you choose while purchasing the trading account. However, after your first payout, you will be eligible to receive payouts if you exceed your initial account size every 30 calendar days, 14 calendar days, or on an on-demand basis. Your profit split will consist of a generous 26% up to 80% based on the profit that you have generated on your funded account. The profit split also depends on the percentage that you choose while purchasing your trading account.

When it comes to OFP 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 OFP 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 OFP Use?

OFP is partnered with Thunder Markets as their broker.

Thunder Markets combines cutting-edge technology with first-class customer service to create a trading experience that stands out in the competitive world of Forex and financial markets. Built with the needs of ambitious traders in mind, Thunder Markets leverages state-of-the-art trading platforms, robust security measures, and advanced analytical tools to provide a seamless and efficient trading environment.

As for trading platforms, while you are working with OFP, they allow you to trade on cTrader, TradeLocker, or Match-Trader.

Trading Instruments

As mentioned above, OFP is partnered with Thunder Markets, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, cryptocurrencies, and bonds with a leverage of up to 1:100, depending on the trading instrument that you are trading.

Forex Pairs

AUD/CADAUD/CHFAUD/JPYAUD/NZDCAD/CHFCAD/JPY
CHF/JPYEUR/AUDEUR/CADEUR/CHFEUR/GBPEUR/JPY
EUR/NZDGBP/AUDGBP/CADGBP/CHFGBP/JPYGBP/NZD
NZD/CADNZD/CHFNZD/JPYAUD/USDEUR/USDGBP/USD
USD/CADUSD/CHFUSD/JPYNZD/USDAUD/SGDCHF/SGD
EUR/DKKEUR/HKDEUR/NOKEUR/PLNEUR/SEKEUR/SGD
EUR/TRYEUR/ZARGBP/DKKGBP/NOKGBP/SEKGBP/SGD
GBP/TRYNOK/JPYNOK/SEKSEK/JPYSGD/JPYUSD/CNH
USD/CZKUSD/DKKUSD/HKDUSD/HUFUSD/MXNUSD/NOK
USD/PLNUSD/RUBUSD/SEKUSD/THBUSD/TRYUSD/ZAR
USD/SGD

Commodities

XAG/EURXAG/USDXAU/AUDXAU/EURXAU/USD
XPD/USDXPT/USDBRENTCOCOACOFFEE
CORNCOTTONOJSOYBEANSUGAR
WHEATWTIXBR/USDXNG/USDXTI/USD

Indices

AUS200DE40F40JP225STOXX50
UK100US30US500USTECCA60
CHINA50CHINAHES35HK50IT40
MIDDE50NETH25NOR25SA40SE30
SWI20TECDE30US2000

Cryptocurrencies

BTC/USDETH/USD

Bonds

EURBOBLEURBUNDEURSCHAITBTP10YJGB10Y
UKGBUST05YUST10YUST30Y

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX0 USD / LOT
COMMODITIES0 USD / LOT
INDICES0 USD / LOT
CRYPTOCURRENCIES0 USD / LOT
BONDS0 USD / LOT

Spread Account

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

PlatformServerLogin NumberPasswordDownload Platform
cTraderClick here
TradeLockerClick here
Match-TraderClick here

Education

OFP provides educational content to their community, including a comprehensive video market analysis twice a week and an insightful podcast, which focuses on the trading mindset. This content is designed to help traders improve their skills and understanding of the market. All of these resources are readily accessible through OFP’s Discord and YouTube channels, ensuring that members have convenient access to valuable information and expert advice. Additionally, the content is tailored to address various aspects of trading, from technical analysis to psychological strategies, offering a well-rounded educational experience.

Additionally, OFP offers all clients access to a carefully designed trader dashboard, streamlining risk management by offering constant access to detailed statistics and objectives. This ensures real-time updates, contributing to an improved user experience.

OFP Trading Dashboard

Trustpilot Feedback

OFP has gathered a great score on Trustpilot based on their community’s feedback.

On Trustpilot, OFP has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an average rating of 3.7 out of 5 from a substantial pool of 3,293 reviews. Notably, 61% of these reviews have awarded OFP the highest rating of 5 stars.

In the first example, the client approached OFP cautiously, starting with a small account to test the waters. They appreciated that there’s no challenge required to get a funded account, though the consistency rule must be met to receive a payout. The client noted that while it might be tempting to take larger positions during big market moves, staying consistent with daily PnL is more beneficial in the long run. They achieved their first payout with the company and were contacted early in the morning to confirm they had reached the payout threshold, and the money was in their bank account within two hours via UK bank transfer.

The second client had a positive experience with OFP, praising its instant funding model and realistic trading rules, which provide ample flexibility. They also highlighted the excellent customer service, sharing that when they requested a refund on their first account due to personal circumstances, it was handled promptly and professionally. The client described OFP as a great firm.

Social Media Statistics

OFP can also be found on numerous social media platforms.

Facebook1,700 Followers & 1,500 Likes
Instagram23,300 Followers
TikTok51 Followers & 118 Likes
Twitter2081 Followers
LinkedIn2,051 Followers
YouTube2,990 Subscribers
Telegram899 Members
Discord39,428 Members

Customer Support

Live Chat✅
Emailsupport@ofpfunding.com
DiscordDiscord Link
TelegramTelegram Link
FAQFAQ Link
Supported LanguagesEnglish

Account Opening Process

  • Registration Form – Register with OFP by filling out the registration form with your personal details and logging into the trading dashboard.
  • Choose Your Account – Choose your type of payout, currency, account size, maximum daily drawdown, and profit split.
  • Apply Discount Code – Apply our discount code FOREXPROPREVIEWS and enjoy a 15% discount on all OFP customizable funding program.
  • Choose Your Payment Method – Choose between a credit/debit card and a cryptocurrency payment method.

Conclusion

In conclusion, OFP is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose a single funding program, Instant Funding, which is a direct funding program.

OFP’s Instant Funding is a direct funding account that allows traders to skip the evaluation altogether and start earning 26% up to 80% profit splits from the start. Traders have no profit target requirements, with a 3%, 4%, or 5% maximum daily and 6%, 8%, or 10% maximum trailing loss rules, which are realistic trading objectives. Regarding time limitations, you have no minimum or maximum trading day requirements, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that Instant Funding features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend OFP 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 access to instant funding programs, customizable funding programs, no profit target requirements, an unlimited trading period, and an opportunity to receive on-demand payouts. After considering everything OFP offers to traders worldwide, they are indeed a desirable choice within the prop trading industry.

Our detailed review of OFP was last updated on 07.03.2025 at 09:55 (CE(S)T).

What are your individual opinions on OFP 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 OFP 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).

What are your individual opinions on The Funded Trader 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 The Funded Trader review by commenting below!

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