Introduction: The Funded Trader is a leading online simulated trading evaluation platform. Their vision is to provide traders with an environment where they can showcase their trading expertise without any associated risks, beyond the initial evaluation fee.
Their Process:
- Evaluation:
- Engage inan comprehensive assessment, designed to measure your simulated trading proficiency.
- Showcase your skills and dedication in a no-risk environment.
- Progress to the Funded Stage:
- Upon successful completion of the evaluation, traders qualify to move onto the Funded Account phase.
- Here, participants have the potential to earn a simulated virtual profit split, based on the virtual profits they generate. This is, of course, subject to adherence to The Funded Trader Terms of Use and the Customer Agreement.
The Funded Trader Belief: At The Funded Trader, they are a staunch believers in recognizing talent and providing avenues for its growth. They believe that every retail trader should have the opportunity to access simulated capital based on their trading performance and dedication to nurturing their own enterprise.
Start your journey towards simulated trading excellence and explore the vast opportunities The Funded Trader Prop Trading Program offers to help you grow in this domain. Whether you are just starting out or are among the community of experienced traders, they try to support and elevate your trading journey.
Evaluation Process: A Journey through Three Phases of The Funded Trader
Phase 1: The Challenge
- Purpose: This is the initiation phase of your trading journey. Here, you’ll need to reach a virtual profit goal while adhering to a specific set of rules.
- Environment: Engage in simulated trading within a demo setting. This environment aims to mirror the actual market by accounting for factors such as latency and static slippage based on order size.
- Outcome: On successful completion and meeting the Trading Objectives, you’ll advance to the Verification phase, typically within a span of 24 hours.
Phase 2: Verification
- Purpose: This stage serves as a validation point. Your objective remains to achieve the virtual profit target while complying with the given rules.
- Environment: As with Phase 1, you’ll operate within a simulated trading platform designed to emulate the intricacies of the live market, factoring in aspects like latency and static slippage.
- Outcome: Demonstrating proficiency and meeting all Trading Objectives propels you to the esteemed position of a Funded Trader.
Phase 3: The Funded Trader – The Ultimate Achievement
- Goal: At this level, your prime focus should be on showcasing robust risk management practices combined with trading consistency.
- Rewards: Earn up to a 90% virtual profit share. Your performance in this simulated environment will be periodically assessed every three months.
- Growth Opportunity: Prove your trading mettle and there’s potential to scale up to a whopping $1,500,000 in virtual account balance.
- Realism in Simulation: It’s crucial to note that the Funded phase endeavours to simulate real-world market conditions as closely as possible. This involves using real order book quotes sourced from a myriad of liquidity providers. This emulation, especially during high volatility periods, may lead to increased slippage. Thus, strategies that thrive in the Challenge and Verification stages might face different outcomes in the Funded phase due to the nuanced nature of market simulation.
Remember, this process is designed to harness and recognize trading talent, setting you on a path to success in the world of trading. Success in each phase hinges on a combination of skill, strategy, and adherence to the established rules. Best of luck on your journey!
Key Highlights
| Standard Challenge | Rapid Challenge | Royal Challenge | Knight Challenge |
| Unlimited Evaluation Days: Dive into The Original TFT challenge which has now been reimagined to offer you the unparalleled opportunity of unlimited simulated trading days. Starting Amount: Commence your journey with up to $400k – the industry’s most generous initial challenge amount. Additional Drawdown Add-on: Enhance your trading flexibility with an add-on feature, offering 6% daily and 12% max loss – the industry’s highest drawdown capability. EAs and Trade Copiers Add-on: Seamlessly integrate your preferred Expert Advisors and Trade Copiers for an optimized simulated trading experience. | Fast Track to Payout: Aim for your first payout in a mere 14 days. Once achieved, expect your payout within 24 hours upon request. Balanced Based Drawdown: Strategically hold your sim trades from day to day, leveraging the ability to compound your gains. No Minimum Evaluation Days: Progress to phase 2 instantly after passing the challenge, even if it’s on day one. There’s zero delay. | Freedom to Trade: We champion your trading independence. Utilize the EAs of your choice and never fret about exceeding lot size limitations. Optimized Drawdown to Target Ratio: With a max drawdown set at 10% and a virtual profit target in phase 1 at 8%, this challenge boasts one of the market’s most favorable ratios. Simulated News Trading: Trade with confidence and never be hampered by simulated news trading constraints. | Simplified Process: This challenge is streamlined for efficiency. Surpass just one phase to attan funded status. It’s the industry’s most competitively priced single-step challenge. Speedy Payout: Reach payout milestones in as quickly as 7 days. Ideal for those who prioritize swift returns. Unrestricted Trading: Embrace absolute trading freedom. Use your preferred EAs without any concern for lot size breaches. |
Choose the challenge that aligns best with your trading objectives and preferences, and embark on a rewarding journey towards becoming a Smart Prop Trader.
Funded Trader Payout Structure
Overview:
Payout system prioritizes the financial benefits of their Funded Trader Accounts. Designed for adaptability and immediate reward, they ensure you receive the maximum from your trading prowess.
1. Standard Payout Ratio:
- Funded Trader Accounts kick off with a default 80% payout ratio.
2. Scaling Plan Opportunities:
- Ascend the ranks: Once you adhere to our terms and conditions, tailored to various account types, The Funded Trader Program elevates your virtual balance by as much as 25%.
- Sweetened deal: Not only does your virtual balance get a boost, but your simulated virtual profit split also skyrockets to an enticing 90%.
3. The King’s Program:
- Immediate gratification: Qualifying for the King’s Program empowers you to indulge in instant payouts and savour the luxury of anytime withdrawals.
4. Seamless Payout Requests:
- Platform: Trade Hub makes the process of requesting payouts seamless.
- Options abound: Choose Deel for a plethora of payout avenues such as:
- Bank Transfer
- Deel Card
- Coinbase
- Paypal
- Payoneer
- Revolut
- Wise, and more.
- Swift Delivery: The Funded Trader firm understands the value of your hard-earned money. Thus, The Funded Trader pledges to process and complete all payouts within a remarkable 24-hour window.
