What Is The Funded Trader: A Comprehensive Review (2024)

The Funded Trader is a prominent name in proprietary trading firms specializing in Forex trading. Established with a mission to nurture and support talented traders, The Funded Trader has positioned itself as a trusted platform for traders looking to advance their careers. The Funded Trader review here will explore ‘What is The Funded Trader’ and how it empowers traders through proprietary trading.
Learn More About The Funded Trader

Overview Of The Funded Trader

The Capitalized Trader is an exclusive trading institution established in 2021 by Capitalized Trader LLC, with its main office in Liberty Hill, Texas. Setting itself apart, this firm offers modest refundable entry fees and more flexible trading guidelines compared to its competitors. It invites traders from around the globe to partake in a comprehensive assessment. Those who showcase superior trading acumen and sound risk management strategies are awarded the “capitalized trader” status. With this recognition, traders are empowered to utilize the institution’s funds, keeping a prominent share of the earnings, beginning at 80% and potentially escalating to 90% within their progressive plan.

The Capitalized Trader introduces four unique pathways: Standard Challenge, Rapid Challenge, Royal Challenge, and Knight Challenge. These pathways give aspiring traders access to funding ranging from $600,000 to a potential $1.5 million via their progressive system. In partnership with Eightcap as its chief brokerage, traders can delve into diverse financial territories such as Forex, Cryptos, Commodities, and Market Indices. To tap into this trading pool, participants must successfully pass two trading evaluations. Once done, they stand to achieve significant returns, with the profit distribution tilted in their favor.

The Funded Trader Principles

The Funded Trader is dedicated to empowering traders to become successful professionals by addressing the common obstacle of limited access to capital. They offer diverse funding options, allowing traders to select challenges that align with their strengths.

Recognizing that trading is a holistic business endeavor, not just a series of transactions, The Funded Trader emphasizes the importance of support, mindset, advanced technology, and effective risk management. They operate with transparency, accountability, and a commitment to excellence, fostering an environment where traders can take pride in their work and build a solid professional reputation.

What distinguishes The Funded Trader is their thriving global community of traders. They believe in the power of collaborative trading, understanding that shared ideas lead to collective success. This inclusive ecosystem caters to traders of all levels, offering opportunities for mutual learning and growth.

How The Funded Trader Works?

The Funded Trader platform allows traders to trade demo accounts and receive up to 95% of their earnings. Traders can participate in various challenges with different account sizes, ranging from $5,000 to $400,000. The process involves three steps: the TFT Challenge, Verification, and finally, becoming a Funded Trader.

• TFT Challenge

Traders start by participating in the TFT Challenge, trading on a demo account with virtual capital. The challenge has different levels with varying demo account balances. Traders must achieve a virtual profit target while following specific rules. The challenge comes with a maximum loss limit and a maximum virtual daily loss. The challenge period is unlimited; traders can choose their preferred trading style.

• Verification

In the Verification phase, traders continue to prove their skills by achieving a virtual profit target while adhering to the rules. Like the TFT Challenge, traders execute simulated trades in a demo environment to affect market conditions. This phase is also unlimited in duration.

• Becoming a Funded Trader

Upon completing the Verification phase, traders officially become Funded Traders. They must continue to display sound risk management and consistency. Funded Traders receive up to a 90% virtual profit split. Their simulated performance is evaluated every three months, and if eligible, they can scale up to $1,500,000 in virtual account balance.

The Funded Trader Pricing Strategy

The Funded Trader has four challenges, each with different trading conditions and objectives:

• Standard Challenge (Profit target: 10%, Maximum loss: 12%, Refundable Fees: $549)
• Rapid Challenge (Profit target: 8%, Maximum loss: 8%, Refundable Fees: $499)
• Royal Challenge (Profit target: 8%, Maximum loss: 10%, Refundable Fees: $489)
• Knight Challenge (Profit target: 10%, Maximum loss: 6%, Refundable Fees: $489)

Which Brokers Does The Funded Trader Use?

The Funded Trader program offers traders three broker options for Challenges and Simulated Funded accounts. The supported trading platforms are Trading Platforms 4 and 5. Specifically, one of the brokers associated with The Funded Trader program is Eightcap, a well-established broker in the global market. It’s important to note that Eightcap has a track record of successful operations in the international market.

Additionally, Funded Trader uses IC Markets and ATC Brokers for their FX Funded accounts. These are globally regulated brokers, offering a reliable trading environment for participants in the program.

The Funded Trader Discount Code

The Funded Trader discount code allows traders to enjoy savings on their trading challenges. These codes provide percentages of simulated profits from Phase 1 and Phase 2, ranging from 5% to 15%. These codes incentivize traders looking to participate in funded challenges while keeping costs in check. Explore different principles to optimize your trading experience with The Funded Trader program.

The Funded Trader Vs FTMO

The Funded Trader and FTMO are both popular platforms offering funding programs for traders. However, they have distinct features. The Funded Trader emphasizes community-driven support, valuing feedback from its members on various aspects of the program. On the other hand, FTMO places strict limits on daily losses and minimum trading days, prioritizing risk management. While The Funded Trader provides multiple funding program options, FTMO primarily offers one challenge with variations in profit targets. Choosing between them depends on a trader’s preferences for community involvement and risk management strategies.

Third-Party Ratings And Review

In Trustpilot, The Funded Trader has a rating of 4.5. The reviews of The Funded Trader are emphasize the game-like nature of the platform as well as the quality support from the company:

“TFT is the best prop firm I have ever used. They always respond as fast as possible to customer complaints. The most exciting part is that you can get funded without paying a dime through their games tournament.”

The Bottom Line: What Is The Funded Trader?

To delve into the world of The Funded Trader and discover its extensive benefits, click here now. Whether you’re aspiring to trade with a fully simulated account or aiming to earn up to 95% of your trading earnings, The Funded Trader offers an array of opportunities tailored to your trading journey. Forex traders can take advantage of one-time feeds, a favorable profit share, good initial capital and a variety of funded trading accounts. As an experienced trader, you can enjoy the advantages of the Funded Trader’s max drawdown, daily loss limit, financial risk instruments, and even debit card options. The trading industry does not have many other companies that align so well with financial goals and profit goals on a low initial investment for actual trading. Take advantage of access to capital, profit sharing, coaching, and mentoring to enhance your trading skills. Click now to embark on a rewarding trading experience with The Funded Trader!

Use coupon code: modestmoney to save 5% on The Funded Trader!
Get Started with The Funded Trader