FundingTraders is a prop trading company that enables traders to operate in financial markets using the firm’s capital. The company offers a variety of trading accounts tailored to traders with different levels of experience and diverse needs. Its primary objective is to provide a commission-free trading environment with a 100% profit split, allowing traders to easily generate profits using various trading platforms.
Key Features of FundingTraders
- 100% Profit Split:
Traders at FundingTraders receive 100% of their profits. - Weekly Payouts:
Payouts are made on a weekly basis—every 7 days. - No Time Limit:
There is no time restriction for completing trades in these plans. - Zero Commission and Swap Fees:
FundingTraders does not charge any commissions or swap fees on trades. - Multiple Trading Platforms:
Traders can access platforms such as MT5, TradeLocker, and DXTrade. - Flexible Trading Hours:
These plans allow trading during weekends, at night, and even during major news events.
Evaluation Plans
FundingTraders offers two main evaluation plans for traders: the One-Step Plan (Rapid Program) and the Two-Step Plan (Classic Funding). These plans are designed so that traders can work toward different profit targets and trading conditions that suit their needs before receiving funding.
1. One-Step Plan (Rapid Program)
In this plan, traders must first pass the initial challenge—achieving a 10% profit target. Once this stage is successfully completed, the trader proceeds to the final approval stage and, eventually, receives funding.
Specifications of the One-Step Plan:
- Profit Target: 10%
- Daily Drawdown: 5%
- Maximum Drawdown: 10%
- Trading Duration: Unlimited
- Maximum Loss per Trade: 2%
- Commission: 0
- Leverage: 1:100
- Profit Split: 100%
- Additional Features:
Trading during weekends, at night, during news events, and the use of Expert Advisors (EAs) is allowed.
Below is the pricing table for the One-Step Plan:
| Account Balance | Profit Target | Daily Drawdown | Maximum Drawdown | Trading Duration | Leverage | Price |
|---|---|---|---|---|---|---|
| $5K | 10% | 5% | 10% | Unlimited | 1:100 | $50 |
| $10K | 10% | 5% | 10% | Unlimited | 1:100 | $100 |
| $25K | 10% | 5% | 10% | Unlimited | 1:100 | $200 |
| $50K | 10% | 5% | 10% | Unlimited | 1:100 | $300 |
| $100K | 10% | 5% | 10% | Unlimited | 1:100 | $550 |
| $200K | 10% | 5% | 10% | Unlimited | 1:100 | $1100 |
| $350K | 10% | 5% | 10% | Unlimited | 1:100 | $2000 |
| $500K | 10% | 5% | 10% | Unlimited | 1:100 | $3000 |
2. Two-Step Plan (Classic Funding)
In the Two-Step Plan, traders must first achieve a 5% profit in Stage 1 and then reach a 10% profit target in Stage 2.
Specifications of the Two-Step Plan:
- Profit Target:
- Phase 1: 5%
- Phase 2: 10%
- Daily Drawdown: 5%
- Maximum Drawdown: 10%
- Trading Duration: Unlimited
- Maximum Loss per Trade: 2%
- Commission: $3 per lot
- Leverage: 1:100
- Profit Split: 100%
- Additional Features:
Trading during weekends, at night, during news events, and the use of Expert Advisors (EAs) is allowed.
Below is the pricing table for the Two-Step Plan:
| Account Balance | Profit Target (Phase 1 / Phase 2) | Daily Drawdown | Maximum Drawdown | Trading Duration | Commission | Leverage | Price |
|---|---|---|---|---|---|---|---|
| $5K | 5% / 10% | 5% | 10% | Unlimited | $3/lot | 1:100 | $50 |
| $10K | 5% / 10% | 5% | 10% | Unlimited | $3/lot | 1:100 | $100 |
| $25K | 5% / 10% | 5% | 10% | Unlimited | $3/lot | 1:100 | $200 |
| $50K | 5% / 10% | 5% | 10% | Unlimited | $3/lot | 1:100 | $300 |
| $100K | 5% / 10% | 5% | 10% | Unlimited | $3/lot | 1:100 | $550 |
| $200K | 5% / 10% | 5% | 10% | Unlimited | $3/lot | 1:100 | $1100 |
| $350K | 5% / 10% | 5% | 10% | Unlimited | $3/lot | 1:100 | $2000 |
| $500K | 5% / 10% | 5% | 10% | Unlimited | $3/lot | 1:100 | $3000 |
Trading Platforms
FundingTraders allows traders to use various platforms for executing their trades. These include:
- MT5: A popular platform for advanced analysis and trade execution.
- TradeLocker: A platform with an advanced user interface and professional analytical tools.
- DXTrade: A customizable platform with extensive features designed for professional traders.
Payment Terms
FundingTraders has a fair and efficient payment system that enables traders to receive their profits quickly. Payments are made on a weekly basis, and there are multiple options for receiving funds:
- Bank Transfer: Takes 1–3 business days.
- Crypto Payments: Processed instantly.
- Payments via Binance and Coinbase
Growth (Scale Up) Plans at FundingTraders
For traders who demonstrate strong performance, FundingTraders offers special growth plans. These plans involve scaling up accounts (Scale Up), allowing traders to access higher levels of capital after consistently generating profits for several consecutive months.
- Gold Level: Achieved after 3–5 scale-ups.
- Platinum Level: Achieved after 6 scale-ups.
Traders reaching these levels can receive special access to FundingTraders’ trading offices in Dubai or Miami.
For more information on other prop firms and to compare them with FundingTraders, you can visit the Fundfa prop firms list.