The Funded Trader INTRODUCTION
Challenges up to
$600k
Scaling plan up to
1.5 Million
Trade with expert advisors,
trade copiers, and no
lot size limit
Get funded in as
little as 3 days
Take advantage of
additional drawdown and
manage more initial capital
The Standard Challenge phase 1 is the first phase of the evaluation process. You must achieve a profit target of 10% while maintaining the 6% daily drawdown and 12% overall drawdown parameters. Once you successfully complete all of the trading objectives and prove your skills, you will receive your phase 2 account within 24 hours and continue your path to getting funded.
The Standard Challenge phase 2 is the validation phase where you will again prove your skills. You must achieve a profit target of 5% while maintaining the 6% daily drawdown and 12% overall drawdown parameters. Once you successfully complete all of the trading objectives and prove your skills, your results will be verified and you will move forward to becoming a Funded Trader.
You have officially made it! Once you have completed the Standard Challenge and completed all the necessary verifications you will become eligible to join our Proprietary Trading Firm. You must continue to display a professional level of risk management as well as consistency and you will receive up to a 90% profit split with your first profit split being 30 days from your first trade. After your first payout you will be eligible for biweekly payouts. Your performance will be evaluated every 3 months and if eligible you can scale up to $1,500,000 in account balance.
The Rapid Challenge phase 1 is the first phase of the evaluation process. You must achieve a profit target of 8% while maintaining the 5% daily drawdown and 8% overall drawdown parameters. Once you successfully complete all of the trading objectives and prove your skills, you will receive your phase 2 account within 12 hours and continue your path to getting funded.
The Rapid Challenge phase 2 is the validation phase where you will again prove your skills. You must achieve a profit target of 5% while maintaining the 5% daily drawdown and 8% overall drawdown parameters. Once you successfully complete all of the trading objectives and prove your skills, your results will be verified and you will move forward to becoming a Funded Trader.
You have officially made it! Once you have completed the Rapid Challenge and completed all the necessary verifications you will become eligible to join our Proprietary Trading Firm. You must continue to display a professional level of risk management as well as consistency and you will receive up to a 90% profit split and biweekly payouts. Your performance will be evaluated every month and if eligible you can scale up to $1,500,000 in account balance. In all you could get funded and get your first payout within 20 days of starting this challenge. This makes the Rapid Challenge our fastest program available.
The Royal Challenge phase 1 is the first phase of the evaluation process. You must achieve a profit target of 8% while maintaining the 5% daily drawdown and 10% overall drawdown parameters. You are eligible to use EA’s and Trade Copiers on this challenge. Once you successfully complete all of the trading objectives and prove your skills, you will receive your phase 2 account within 24 hours and continue your path to getting funded.
The Royal Challenge phase 2 is the validation phase where you will again prove your skills. You must achieve a profit target of 5% while maintaining the 5% daily drawdown and 10% overall drawdown parameters. Once you successfully complete all of the trading objectives and prove your skills, your results will be verified and you will move forward to becoming a Funded Trader.
You have officially made it! Once you have completed the Royal Challenge and completed all the necessary verifications you will become eligible to join our Proprietary Trading Firm. You must continue to display a professional level of risk management as well as consistency and you will receive up to a 90% profit split and biweekly payouts. Enjoy no lot size limits on this funded account and you can trade news with zero restrictions. Your performance will be evaluated every 3 months and if eligible you can scale up to $1,500,000 in account balance.
The Knights Challenge phase 1 is the first phase of the evaluation process. You must achieve a profit target of 10% while maintaining the 3% daily drawdown and 6% overall drawdown parameters. The overall drawdown is relative meaning it’s calculated based on high watermark. Once you successfully complete all of the trading objectives and prove your skills, your results will be verified and you will move forward to becoming a Funded Trader.
You have officially made it!! Once you have completed the Knights Challenge and completed all the necessary verifications you will become eligible to join our Proprietary Trading Firm. You are now eligible for your first payout every 7 days. You must continue to display the professional level of risk management as well as consistency and you will receive up to a 90% profit splits. Your performance will be evaluated every month and if eligible you can scale up to $1,500,000 in account balance.
The default payout ratio for all Funded Trader Live Accounts is set to 80% with the opportunity to become eligible for our scaling plan. If you meet the terms depending on the account type we will increase your balance up to 25% You will also be updated to 90% Payout Splits! You can also qualify for our King’s Program where you receive instant payouts and anytime withdraws
As our Funded Trader you will be able to request payouts through the Trade Hub. The payout can be requested through Crypto or Deel which offers various payout options including Bank Transfer, Deel Card, Coinbase, Paypal, Payoneer, Revolut, Wise etc. Your withdraw is our priority as we strive to deliver all payouts within 24 hours!
The Funded Trader is an online demo trading evaluation firm. We give clients the ability to complete our assessment and prove their trading skills in an environment that poses no risks to them for just the price of the upfront fee paid for the evaluation. After passing the evaluation, eligible traders are allowed to receive a profit split on the profits generated in their Funded Account subject to compliance with our Terms of Use and the Customer Agreement.At The Funded Trader, we believe every retail trader deserves the opportunity to raise capital based on their performance and commitment to building their own business.The Forex League and VVS Academy founders set out to create The Funded Trader after trading and reviewing other platforms and finding that they could provide a solution that is exactly what the community needed - a community for traders, by traders.You can find us on Youtube and Instagram sharing our daily trading education and exemplifying our passion for this industry. Please join our community on Discord to stay up to date with the latest improvements and to help us celebrate the community that we have built together.
Starting out with The Funded Trader is as simple as possible. Begin by navigating to the "Challenge" section of our website and then select the program and account size you would like to participate in. You'll want to visit our Knowledge Center to learn the specific rules and objectives of each of our offerings before purchasing. Once you are ready, click on the “Buy” button at the bottom of your desired program's banner to head to checkout to enter your billing and payment details. If you purchase using crypto, please understand that we only accept ERC20 network addresses and cannot provide technical support to members who use a different network for purchases through crypto. Within a few minutes after your purchase, you will receive your account credentials in a welcome email and will be able to access the Trade Hub where you can find your profile information, dashboard and more.
Before issuing any Funded Accounts or any type of payout to the client related to successfully completing one of our programs, we require that you verify your ID and pass our KYC/AML screening. For 99% of people, this will never be an issue, and the check will take no more than 5 minutes. To learn more about the specific steps required to complete the verification process, visit this Knowledge Center article.
Due to OFAC sanctions, we are unable to offer services with traders residing in the following countries: Cuba, Iran, Lebanon, Syria, North Korea, Libya, Sudan, Somalia.
Upon receiving your confirmation of successful payment, you will receive your Trading Platform and Dashboard credentials within 5 minutes. For Coinbase Commerce payments, your order will not be confirmed until the payment is verified by the blockchain, which can take some time and depends on network congestion. Once the payment is confirmed on the blockchain, you will receive your Trading Platform and Dashboard credentials within 5 minutes. To learn more, visit our Knowledge Center article on this subject.
Yes, the minimum age to participate in all of our programs is 18 years of age or older.
While we do not have limits on the number of accounts a trader can have, we do limit the total account value of all accounts held by a person to $600k.For clarification, during the challenge (Phase-1 and Phase-2), you are not permitted to trade more than $600k. If you trade more than $600k at any given time, then you will be refunded for all of your accounts and you will have to start over.For example, you can have two $200k accounts and two $100k accounts, which add up to $600k in total account value. However, you cannot then add any more accounts beyond these as the total account value would exceed our $600k total account value limit.
The Standard Challenge consists of a two-phased evaluation process where a trader has 35 calendar days to pass the first phase and another 60 days to pass the second phase. In each phase, there are certain rules and objectives the trader must achieve and abide by in order to pass the challenge and earn a Funded Account. To learn everything you need to know about the Standard Challenge, including a video walkthrough, visit our Knowledge Center here .
The Royal Challenge is our newest exciting program. Similar to the two step evaluation process like our Standard and Rapid Challenge, the main advantage with this program is that it is the only challenge that allows you to use EAs and trade news with a higher leverage. With the Royal Challenge, there are no lot size limitations, and you only need to complete a minimum of 5 trading days to complete the objectives for both phases. To learn everything you need to know about the Royal Challenge, visit our Knowledge Center here.
The Rapid Challenge is our two-step evaluation program in which you can get your first payout in as little as 20 days! Traders are able to sign up for this challenge using a $50k, $100k, or $200k account. Simply choose the amount of capital you would like to manage and pass the evaluation by meeting the Trading Objectives during Phase-1 and Phase-2 of the evaluation. With the Rapid Challenge, there are no minimum trading days on your evaluation. Your first profit split is eligible after 14-days once you earn your funded account. To learn everything you need to know about the Rapid Challenge, including pricing and payouts, visit our Knowledge Center here.
The Funded Trader competitions are a free opportunity for everyone to participate in a monthly challenge and be one of 30 winners who earn prizes. Everyone is allowed to participate in the competitions each month! To learn everything you need to know about Competitions, visit our Knowledge Center here , or you can sign up for the next Competition via our Trade Hub here.
After a client becomes a Funded Trader, he/she will be provided with a demo account with virtual funds. For the avoidance of any confusion, please keep in mind that a Funded Account is a fully simulated account with real market quotes from liquidity providers. The trading data is sent off to a partnered proprietary trading firm where trades are copied at their own discretion using aggregated orders using proprietary risk management techniques. To learn everything you need to know about a Funded Account with The Funded Trader, visit our Knowledge Center.
We allow trading of the instruments available on your trading platform. This typically includes forex, commodities, indices, and crypto. We also document these instruments on The Funded Trader Available Instruments sheet.