- Excellent Trustpilot rating of 4.6/5
- Dashboard for professional traders
- A large variety of trading instruments (Forex pairs, commodities, indices, cryptocurrencies)
- Leverage up to 1:100
- There are no minimum and maximum trading day requirements
- Scale expansion plan
- Daily scaling and maximum withdrawal possible
- Payment is on a 5 day basis
- Payments range from 7 to 14 days
- Billing cycle 5 calendar days
- Profit sharing from 90% to 100%
- Overnight & weekend holding allowed
- News trading allowed (During review)
- The evaluation program price is affordable
- Payment and Certificate issuance are not yet automatic
- Withdrawal requirement is 1%
- Hedging is prohibited
I. Prop firm information
What are Funding Traders?
Funding Traders is an endowment fund in the UAE, established in April 2023.
Funding Traders welcomes all traders over 18 years old to join their program, passing the evaluation phase you will receive a funding account.
Funding Traders Allows you to manage a maximum capital of 750,000 via paid form. But if you are an elite trader, you should join the Premium program to immediately receive $1,000,000 or $2,000,000 in capital.
Contact Info
Website: https://fundingtraders.com/
Email: help@fundingtraders.com
Address: IFZA Business Park, Dubai, UAE.
Note: To receive the fastest support from Funding Traders, you should use live chat on the website or open a support ticket on their Discord
II. Prop firm products
Currently, Funding Traders offers 2 account types.
– 2-Step account
– 1-Step account
1. 2-Step Account
2-Step account, you need to pass 2 rounds of challenges during the evaluation phase, however it will have more advantages in calculating the drawdown limit.
Note: Fees will be refunded at the first profit payment. Funding Traders always has a promotion program to reduce participation fees.
2-Step account funding process
a. Evaluation phase
During the evaluation phase you need to pass 2 rounds of challenges with the following requirements:
Round 1
– Profit target is 10%
– Minimum number of trading days 1 day
– Unlimited time
– Daily decline limit is 5%
– Account decline limit is 10%.
Round 2
– Profit target is 5%
– Minimum number of trading days 1 day
– Unlimited time
– Daily decline limit is 5%
– Account decline limit is 10%.
b. Funding phase
Once you pass the evaluation phase, you will receive a funding account.
The 2 trading rules you need to remember are:
– Daily decline limit is 5%
– Account decline limit is 10%.
You will receive 80% of the profits you generate on your funding account.
Capital expansion policy
The account will be expanded by 25% capital, when the following requirements are met:
– Achieve at least 10% profit for 3 consecutive months.
– 2 out of those 3 months must be profitable.
For example:
$100,000 funding account.
1st expansion: $100,000 + $25,000 = $125,000
2nd expansion: $125,000 + $25,000 = $150,000
…
Maximum expansion capital is $2,000,000.
Addons options
– 100% Profit Split (20% additional fee): 100% profit split.
– 90% Profit Split (additional 10% fee): 90% profit split.
– 7 Days Payouts (15% additional fee): Withdrawal after 7 days.
You can add 1 or more Addons at the same time when purchasing an account.
Note: This addons applies to all Funding Traders products.
2. 1-Step Account
As an account, you only need to pass 1 round of challenges during the evaluation period.
1-Step accounts have the same sizes and fees as 2-Step accounts
Note: Fees will also be refunded at the first profit payment
a. Evaluation phase
Request 1 round of challenges during the evaluation period as follows:
– Profit target 10%
– Minimum number of trading days 1 day
– Unlimited time
– Daily decline limit is 4%
– Account decline limit is 5%.
1-Step's account Funding Traders
Comparison example between Funding Traders & The5ers
Comparison example between Funding Traders & City Traders Imperium
b. Funding phase
Once you pass the evaluation stage, you will receive a funding account.
The 2 trading rules you need to remember are:
– Daily decline limit is 4%
– Account decline limit is 5%.
The calculation of reduction limits is similar to the evaluation phase.
You will receive 80% of the profits you generate on your funding account.
III. Frequently asked questions
What is the Premium program?
This is a program for elite traders. If you successfully pass the interview and evaluation round, you can manage capital of $1,000,000 or $2,000,000..
Details about this program you can see here
Funding Traders require traders to consistently risk their trading.
You are not allowed to risk more than 2% of each trading idea.
Example:
For a $100,000 account, if you plan to sell gold, you can split it into multiple trades, as long as the total risk of all trades does not exceed 2% ($2,000) of the initial capital.
To avoid violating this rule, be careful not to let any closed trade losses exceed 2% of the capital.
Violating the rule of losing more than 2% of the account will not lead to account termination. This violation will be reviewed when you pass rounds 1 & 2 or request a payout approval.
In summary, the account will not be terminated immediately upon violating this rule; it will be reviewed when you move to the next stage or request a payout approval.
Am I required to set a stop loss?
No, although Funding Traders does not require a stop loss, you should use a stop loss for every trade.
Am I allowed to trade the news?
Yes, news trading is allowed.
Can I hold trades overnight or over the weekend?
Yes, you are allowed to.
Can I copy trades?
Yes, as long as all the copied accounts are your own.
Can I use the Traders Connect Copier?
Yes, you are allowed to use it.
Can I trade using EAs?
You are allowed to use personal EAs.
Note that Funding Traders prohibits the following EAs:
- Commercial EAs, purchased from third parties.
- Grid trading EAs, high-frequency trading EAs.
- EAs that trade within 0-5 seconds.
Does Funding Traders have trade size limits?
No, you can trade with any size.
How many accounts can I have?
Funding Traders does not limit the number of accounts, as long as the total capital does not exceed $750,000.
Can I merge accounts?
Yes, you can merge funded accounts.
What happens if my account violates the rules?
In the case of a rule violation, you will lose access and the ability to trade the account.
Can I view the Funding Trad3ers dashboard?
Yes, you can view it.
What payment methods can I use to pay the fees to Funding Traders?
You can choose to pay the fees via:
- Credit/Debit Card.
- Crypto.
Withdrawal Policy
First time: You can withdraw after 14 days from the first trade on the funded account.
Subsequent withdrawals: After 14 days.
You can add the “7 Days Payout” addon to withdraw funds after 7 days.
Withdrawal method
Funding Traders offers 2 withdrawal methods:
– Rise (minimum $200)
– Crypto (minimum $50)
Which broker do Funding Traders use?
Funding Traders Do not trade with any popular broker brands. They partner with a tier 1 liquidity provider that has the best simulated real market trading conditions
As for the trading platform, when you work with Funding Traders , They allow you to trade on MetaTrader 5 , cTrader or TradeLocker .
Which products am I allowed to trade?
Transaction fees
Social media statistics
Funding Traders can also be found on many social media platforms
IV.Account registration process
Conclude
In short, Funding Traders is a reputable and trustworthy exclusive trading company that offers traders the opportunity to choose between two funding programs.
1-Step Assessment Program:
- Process: Complete a pre-qualification stage to manage a funded account.
- Profit target: 10%.
- Risk rules: Maximum loss 4% daily and 5% total.
- Time limits: No minimum or maximum trading days required.
- Profit sharing: 80% to 100% with payout period of 7 days.
- Benefits: Scaling plan, increased initial account balance, free Swap and no commission fees.
2-Step Assessment Program:
- Process: Complete two stages before qualifying to manage a funded account.
- Profit target: 10% phase one, 5% phase two.
- Risk rules: Maximum loss 5% daily and 10% total.
- Time limits: No minimum or maximum trading days required.
- Profit sharing: 80% to 100% with payout period of 7 days.
- Benefits: Scaling plan, increased initial account balance, free Swap and no commission fees.
Outstanding features of Funding Traders:
- Unlimited trading time.
- No minimum trading days required.
- Payout period is 7 days, free Swap and no commission fees.
- Profit sharing up to 100%.
Let us know if you enjoyed our detailed Funding Traders review by joining the group below!
What is your personal opinion about Funding Traders and the services they provide? Do they suit the trading conditions and services you are looking for?
CONTACT US
If you have any questions or concerns, please contact us via the following information:
- Email address: propfirmchannel@gmail.com
- Điện thoại: +84925.012.777 - +8429.9999.3333
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