FundingTraders review
FundingTraders is a US-registered prop trading firm (FT US Inc, Miami Beach, FL) that sells four parallel evaluation tracks — an Instant Funded program with no evaluation, a 1-Step Challenge, and two 2-Step Challenges (Pro10 and Pro6) — on simulated accounts from $5,000 up to $400,000. Its published rulebook is unusually granular: daily drawdown of 3-5% and a 6-10% maximum depending on track, a 4-day minimum on evaluation accounts, and profit splits from 80% up to 100%. Headline prices lean on a standing 50% discount code, so quoted fees are promotional rather than the $39-$999 standing rate. No founder or leadership is named publicly, the founding year isn't disclosed on-site, and third-party reputation is mixed — a strong rating on one review site against a "high-risk" flag and fee complaints on another.
FundingTraders key facts
- Website: fundingtraders.com
- Category: Prop trading firm
- Founded: 2023
- Headquarters: Miami Beach, FL, United States
- Legal entity: FT US Inc
- Model: Instant Funded, 1-Step, or 2-Step (Pro10/Pro6)
- Account sizes: $5K–$400K
- Profit split: 80% up to 100%
- Payouts: 14–21 day cycle, 2-day guarantee
- FYI Score: 79.8/100 (ranked #33 of the 63 prop trading firms we track)
Rules and risk
- Rules vary sharply by track: Instant Funded and 1-Step run a tight 3% daily loss cap, while the 2-Step Pro10 track allows a looser 5% daily / 10% max drawdown; the 2-Step Pro6 track tightens both to 3%/6% in exchange for a lower 6% target.
- A consistency rule caps how much of total profit can come from a single day — 15% on Instant Funded, 50% on the 1-Step track — while the two 2-Step tracks carry no consistency requirement.
- All accounts are simulated trading environments with standard high-risk disclaimers; the firm is not disclosed as financially regulated.
Pricing and payouts
- Standing fees run $39-$999 across the four tracks and six account sizes ($5K-$400K, $10K minimum on Instant Funded); the site advertises a standing 50% discount via code HEAT, so the eye-catching prices shown are promotional, not the standing rate.
- Evaluation fees are refunded with the trader's first profitable payout.
- Payouts run every 14-21 days depending on track, backed by a guarantee: processing within 2 business days or a $1,000 bonus. Methods are USDT (crypto, $50 minimum) or bank transfer via Rise ($200 minimum).
- A reset feature lets traders restart a failed challenge at 50% off, and the firm offers "FT Intel," a bundled institutional market-intelligence tool.
FundingTraders evaluation challenges
| Challenge | Steps | Profit target | Max drawdown | Profit split | Price |
|---|
| Instant Funded | — | — | 6% | 90% | from $159 · $10K–$400K |
| 1-Step | 1-step | 10% | 10% | 90% | from $49 · $5K–$200K |
| 2-Step Pro10 | 2-step | 10% | 10% | 80% | from $59 · $5K–$200K |
| 2-Step Pro6 | 2-step | 6% | 6% | 80% | from $39 · $5K–$200K |
Markets
Forex, Indices, Metals, Energies, Crypto
Platforms
MetaTrader 5, TradeLocker, DXtrade
Who FundingTraders is for
Suits a trader who wants a choice of entry points (instant funding, 1-step, or 2-step) and is comfortable with the 3-5% daily / 6-10% max drawdown limits and 4-day minimum. Given the mixed third-party reviews and lack of leadership transparency, it's worth checking recent payout reports before committing an evaluation fee.
Pros
- An unusually detailed, fully public pricing and rules table across four evaluation tracks and six account sizes ($5K-$400K), rather than a single one-size rulebook.
- Trader-friendly minimums on some tracks — no minimum trading days at all on Instant Funded, and profit splits pushed to 90-100% on the Instant and 1-Step tracks.
- A concrete payout guarantee (2 business days or a $1,000 bonus) and fee-refund-on-first-payout policy.
Cons
- Not regulated: FT US Inc offers simulated trading accounts under standard high-risk disclaimers, not live brokerage access.
- No founder or leadership team is named on the site, and the founding year isn't disclosed (third-party reviews estimate 2023).
- Third-party reputation is mixed — one review site rates it around 4.4/5 with praise for fast payouts, while another flags it as "high-risk" citing complaints about hidden rules and fees, so it's worth checking recent trader reports independently.
- Headline pricing is built around a standing 50% discount code, so the ~$25-$500 entry prices advertised are promotional rather than the $39-$999 standing rate.
FundingTraders FAQ
Is FundingTraders legit?
FundingTraders is registered as FT US Inc in Miami Beach, FL, and publishes a detailed, granular rulebook across four evaluation tracks. Third-party reviews are mixed: one site rates it around 4.4/5 across roughly 4,600 reviews and calls it legitimate with fast payouts, while another flags it as high-risk over complaints about hidden rules and fees. No founder or leadership is named publicly, and it is not disclosed as a regulated entity; accounts are simulated.
What evaluation options does FundingTraders offer?
Four tracks: Instant Funded (no evaluation, 3% daily / 6% max drawdown, 90-100% split), 1-Step (10% target, 3% daily / 10% max drawdown, 4-day minimum, 90-100% split), 2-Step Pro10 (10% then 5% targets, 5% daily / 10% max drawdown, 80-100% split), and 2-Step Pro6 (6% each phase, 3% daily / 6% max drawdown, 80-100% split). Account sizes run $5,000 to $400,000 (Instant Funded starts at $10,000).
How does the profit split and payout work?
Base splits are 80% on the 2-Step tracks and 90% on Instant Funded and the 1-Step track, both scaling toward 100%. Payouts run every 14-21 days, backed by a guarantee of processing within 2 business days or a $1,000 bonus. Withdrawals go out via USDT (crypto, $50 minimum) or bank transfer through Rise ($200 minimum).
Is FundingTraders regulated?
No. FundingTraders is not disclosed as a regulated broker or financial institution. It offers simulated trading accounts with standard high-risk disclaimers, and traders are paid on qualifying simulated performance rather than trading live brokerage capital.
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