The Funded Trader Launches Major Platform Updates

The Funded Trader has rolled out important updates aimed at making its platform more rewarding and user-friendly. After carefully considering survey feedback and numerous community suggestions, the firm implemented several significant changes that traders will benefit from immediately. 

Firstly, The Funded Trader has completely removed the consistency rule, known as the Steadfast Gains Rule, from all challenges, including Knight, Knight Pro, and Royal Pro, and future funded accounts. This removal means traders no longer have to worry about overtrading or prematurely cutting winners short. Instead, they can now trade freely according to their strategies. 

This change affects all new challenge purchases, and the firm will eliminate the rule for those currently on a challenge account once they advance to the next phase or reach a funded account. Although the rule remains for traders already on funded accounts, it will not apply to any future funded accounts they receive. 

The Funded Trader Launches Major Platform Updates

In addition, the payout policy has undergone a major revision to better reward strong trading performance while maintaining fast payout speeds and the firm’s long-term stability. The new payout structure now caps the first withdrawal at 0.5% of the initial account balance with a 90% profit split. For example, a $100,000 account allows a maximum first withdrawal of $450. The Funded Trader also adjusted subsequent payouts, capping the second payout at 5% and all third and later payouts at 10%.

Furthermore, Tier 1 rewards have doubled from 15% to 30%, giving traders even greater incentives to perform well. Notably, depending on the coupon code used, traders can effectively double their purchase value through their first payout. Moreover, The Funded Trader lowered the minimum profit required to make a withdrawal to 0.25% of the initial account balance for all funded account types, replacing the previous 1% minimum that applied specifically to Royal Pro accounts.

This update allows traders to access their earnings sooner and with less pressure. Overall, these updates demonstrate The Funded Trader’s commitment to listening to its community and improving the trading experience. By removing restrictive rules, adjusting payouts, and lowering withdrawal thresholds, the firm aims to empower traders to trade their way and maximize their rewards. All changes have gone live immediately, signaling a fresh start for traders on the platform.

Summary Of The News

The Funded Trader has introduced key updates based on community feedback to enhance its platform. They removed the Steadfast Gains Rule from all new challenges and future funded accounts, allowing traders more freedom. The payout structure has been rebalanced to reward strong performance with faster payouts and increased rewards. Additionally, the minimum withdrawal profit requirement has been lowered to 0.25%, making it easier for traders to access their earnings. These changes are live and aim to create a better trading experience for all users.

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