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The Funded Trader believes every trader should have the resources to transform their lives and achieve goals. Despite the challenges of simulated trading, they are dedicated to empowering traders to realize their dreams and earn higher returns. They believe anyone can succeed as a trader with the proper support, mindset, technology, and risk management. The Funded Trader’s mission is to be the top choice for talented traders globally, acknowledging that resource acquisition is a crucial barrier to advancing in trading. Consequently, they provide various funding options, allowing traders to select the challenge that suits them best.

The Funded Trader General Company Details

General Company DetailsThe Funded Trader
IncorporationMay 2021
LocationLiberty Hill, Texas
CEOAngelo Ciaramello
Free TrialYes
Scaling PlanYes
Account CurrenciesUSD

Available Programs

Standard Challenge

Trading RulesValue
Profit Target of Phase 110%
Profit Target of Phase 25%
Daily Drawdown5% – Add-on option: 6%
Maximum Drawdown10% – Add-on option: 12%
Minimum Trading Days3 Minimum trading days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
LeverageChallenge: 1:200 (1:60 Swing)
Funded: 1:100 (1:30 Swing)
Profit Split80% up to 90%
Account SizePrice (One-time Fee)
$5,000$65
$10,000$129
$25,000$199
$50,000$299
$100,000$499
$200,000$939
$300,000$1,469
$400,000$1,879

Rapid Challenge

Trading RulesValue
Profit Target of Phase 18%
Profit Target of Phase 25%
Daily Drawdown5%
Maximum Drawdown8%
Minimum Trading DaysNo minimum trading days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Leverage1:100 (1:30 Swing)
Profit Split80% up to 90%
Account SizePrice (One-time Fee)
$5,000$79
$10,000$129
$25,000$229
$50,000$299
$100,000$499
$250,000$899

Royal Challenge

Trading RulesValue
Profit Target of Phase 18%
Profit Target of Phase 25%
Daily Drawdown5%
Maximum Drawdown10%
Minimum Trading Days5 Minimum trading days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Leverage1:100
Profit Split80% up to 90%
Account SizePrice (One-time Fee)
$50,000$289
$100,000$489
$200,000$939
$300,000$1,399
$400,000$1,869

Knight Challenge

Trading RulesValue
Profit Target10%
Daily Drawdown3%
Maximum Drawdown6% (Trailing)
Minimum Trading DaysNo minimum trading days
Maximum Trading PeriodUnlimited
Leverage1:30
Profit Split80% up to 90%
Account SizePrice (One-time Fee)
$5,000$59
$10,000$99
$25,000$189
$50,000$289
$100,000$489
$200,000$939

Dragon Challenge

Trading RulesValue
Profit Target of Phase 110%
Profit Target of Phase 25%
Profit Target of Phase 35%
Daily Drawdown5%
Maximum Drawdown10%
Minimum Trading DaysNo minimum trading days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Leverage1:100 (1:30 Swing)
Profit Split75% up to 95%
Account SizePrice (One-time Fee)
$5,000$49
$10,000$99
$25,000$135
$50,000$205
$100,000$355
$200,000$495

Comparison with FTMO

Trading RulesThe Funded Trader – StandardThe Funded Trader – RapidThe Funded Trader – RoyalFTMO
Profit Target of Phase 110%8%8%10%
Profit Target of Phase 25%5%5%5%
Daily Drawdown5% – Add-on option: 6%5%5%5%
Maximum Drawdown10% – Add-on option: 12%8%10%10%
Minimum Trading Days3 Minimum trading daysNo minimum trading days5 Minimum trading days4 Minimum trading days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
LeverageChallenge: 1:200 (1:60 Swing)
Funded: 1:100 (1:30 Swing)
1:100 (1:30 Swing)1:1001:100
Profit Split80% up to 90%80% up to 90%80% up to 90%80% up to 90%
Account SizeThe Funded Trader – StandardThe Funded Trader – RapidThe Funded Trader – RoyalFTMO
$5,000$65$79
$10,000$129$129€155
$25,000$199$229€250
$50,000$299$299$289€345
$100,000$499$499$489€540
$200,000$939$899$939€1,080
$300,000$1,469$1,399
$400,000$1879$1869

The Funded Trader Trustpilot Rating

Trustpilot RatingStatistics
Rating4.4/5
Number of Reviews15,556

Partnership & Software

Partnership & Software
BrokerEightcap, ThinkMarkets, Purple Trading Seychelles
Trading PlatformMetaTrader 4, MetaTrader 5
InstrumentsForex Pairs, Commodities, Indices, Crypto

The Funded Trader Review Details

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The Funded Trader Review
4.8/5