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PropFirm
The Funded Trader


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Overview of The Funded Trader Forex Prop Firm

TheTrustedProp
Date: May 10, 2024

In the world of trading, there are various challenges and opportunities, and for those looking to venture into the trading landscape, having the right support and resources is crucial. This article provides an overview of "The Funded Trader," a company that is dedicated to empowering traders and providing them with the tools they need to succeed.

Company Details

  • Name: The Funded Trader
  • Legal Name: The Funded Trader LLC.
  • CEO: Angelo Ciaramello
  • Started in: 21st May 2021
  • Registered in: [Location not specified]

The Funded Trader is more than just a trading platform; it's a comprehensive resource for traders at all levels. Whether you're a novice trader looking to gain experience or an experienced trader seeking opportunities, The Funded Trader has something to offer.

The Four Types of Challenges

The Funded Trader offers four types of trading challenges, each catering to different trading styles and goals. Let's take a closer look at these challenges:

1. Standard Challenge

  • Types: Swing and Regular
  • Simulated Trading Period: Unlimited
  • Minimum Simulated Trading Days: 3 days
  • Challenge Leverage: 1:60
  • Virtual Profit Target: 10%
  • Maximum Loss: 10%
  • Maximum Virtual Daily Loss: 5%
  • Drawdown Type: Equity and balance
  • Virtual Profit Split: X
  • Weekend Holding: Yes
  • Expert Advisors: No
  • First Withdrawal: X

2. Rapid Challenge

  • Types: Swing and Regular
  • Simulated Trading Period: Unlimited
  • Minimum Simulated Trading Days: 0 days
  • Challenge Leverage: 1:30
  • Virtual Profit Target: 8%
  • Maximum Loss: 8%
  • Maximum Virtual Daily Loss: 5%
  • Drawdown Type: Balance
  • Virtual Profit Split: X
  • Weekend Holding: Yes
  • Expert Advisors: No
  • First Withdrawal: X

3. Royal Challenge

  • Simulated Trading Period: Unlimited
  • Minimum Simulated Trading Days: 5 days
  • Challenge Leverage: 1:200
  • Virtual Profit Target: 8%
  • Maximum Loss: 10%
  • Maximum Virtual Daily Loss: 5%
  • Expert Advisors: Yes
  • Drawdown Type: Equity & balance
  • Virtual Profit Split: X
  • First Withdrawal: X

4. Knight Challenge

  • Simulated Trading Period: Unlimited
  • Minimum Simulated Trading Days: 0 days
  • Challenge Leverage: 1:30
  • Virtual Profit Target: 10%
  • Maximum Loss: 6%
  • Maximum Virtual Daily Loss: 3%
  • Expert Advisors: Yes
  • Drawdown Type: Relative
  • Virtual Profit Split: 80%-90% with scaling
  • First Withdrawal: X

Account Sizes

The Funded Trader offers various account sizes to cater to traders with different risk appetites and capital levels. These account sizes include: 5000$, 10000$, 25000$, 50000$, 100000$, 200000$, 300000$, 400000$.

Payout System

The Funded Trader provides a payout system that rewards traders for their performance. The default payout ratio for all Funded Trader Accounts is set to 80% with the opportunity to become eligible for their Scaling Plan, where traders can receive up to 25% increase in their virtual balance and achieve 90% simulated virtual profit splits.

Additionally, traders can qualify for The Funded Trader's King’s Program, which offers instant payouts and anytime withdrawals, making it convenient for traders to access their earnings.

Our Mission

At The Funded Trader, their mission is clear: "Empowering Traders to Become Capitalized Professionals." They believe that every trader worldwide should have the resources they need to transform their lives and reach their goals. They are committed to providing the right support, mindset, technology, and risk management for traders to succeed.

Our Principles

The Funded Trader operates on a set of core principles:

  1. Trust: They prioritize transparency and integrity, believing that these values are essential for building trust with their community.
  2. Community: They aim to grow the largest, most supportive community of traders, fostering growth, connection, and success.
  3. Excellence: They pursue simplicity and excellence in everything they do, constantly seeking ways to improve their services.
  4. Giving Back: They are committed to giving back to their community and team, showing appreciation and providing unique experiences.
  5. Growth: They never stop learning and expanding, inspiring their community to pursue ambitious goals.

Taking Action on Our Principles

The Funded Trader doesn't just talk about their principles; they actively implement them in their operations:

  • They value community feedback and actively seek it out to improve their products and services.
  • They provide regular updates to keep their community informed and engaged.
  • They prioritize personal and professional development for their team members.
  • They hire employees who align with their principles, creating a positive work environment.
  • They offer 24/7 multi-lingual support to assist their community.

 

The Funded Trader addresses common questions and concerns, including topics like free trials, the use of trade copiers, trading news, supported countries, lot size limits, and more. They provide comprehensive guidelines to ensure a fair and secure trading environment.

In conclusion, The Funded Trader is a platform dedicated to empowering traders and providing them with the resources and opportunities they need to succeed in the world of trading. With a variety of challenges, account sizes, and a strong commitment to their principles, they are a valuable partner for traders looking to grow and thrive in the trading industry.

PropFirm
The Funded Trader


Doubtful


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