Company Information

• Company Name: Funded Trader Markets
• Company Legal Name: Formed Technologies INT FZCO
• Company Registration No.: 36850
• Operating Since: August 9, 2024
• CEO Name: Undisclosed

Challenge Details

Funded Trader Markets offers 3 evaluation programs, 1-Step Nitro, 2-Step Speed and 2-Step Standard and 2 instant funding programs named as Standard Instant Funding and Pro Intant Funding. Here are the details :-

1-Step Nitro Details

Pricing:

• Size: $5,000 ($27)
• Size: $10,000 ($60)
• Size: $25,000 ($109)
• Size: $50,000 ($170)
• Size: $100,000 ($291)
• Size: $200,000 ($552)

Rules:

• Profit Target: 10%
• Total Loss: 6%
• Daily Loss: 4%
• Profit Share: 80% (scales up to 100%)
• Drawdown Type: Trailing Drawdown
• Time Limit: Unlimited
• Leverage: Forex: 1:100, Metals and Energies: 1:30, Indices: 1:30, Cryptocurrency: 1:2
• Max Lot Size: 50 Lots
• Payout Frequency: On Demand
• Allows Copy Trading: Yes
• Min Trading Days: 0 Days

2-Step Speed Details

Pricing:

• Size: $5,000 ($27)
• Size: $10,000 ($60)
• Size: $25,000 ($120)
• Size: $50,000 ($175)
• Size: $100,000 ($296)
• Size: $200,000 ($538)

Rules:

• Profit Target (Phase 1): 8%
• Profit Target (Phase 2): 5%
• Total Loss: 8%
• Daily Loss: 4%
• Profit Share: 80% (scales up to 100%)
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage: Forex: 1:100, Metals and Energies: 1:30, Indices: 1:30, Cryptocurrency: 1:2
• Max Lot Size: 50 Lots
• Payout Frequency: On Demand
• Allows Copy Trading: Yes
• Min Trading Days: 0 Days

2-Step Standard Details

Pricing:

• Size: $5,000 ($38)
• Size: $10,000 ($65)
• Size: $25,000 ($126)
• Size: $50,000 ($192)
• Size: $100,000 ($307)
• Size: $200,000 ($588)

Rules:

• Profit Target (Phase 1): 10%
• Profit Target (Phase 2): 5%
• Total Loss: 10%
• Daily Loss: 4%
• Profit Share: 80% (scales up to 100%)
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage: Forex: 1:100, Metals and Energies: 1:30, Indices: 1:30, Cryptocurrency: 1:2
• Max Lot Size: 50 Lots
• Payout Frequency: On Demand
• Allows Copy Trading: Yes
• Min Trading Days: 0 Days

Instant Funding Programs

Standard Instant Funding Details

Pricing:

• Size: $5,000 ($69)
• Size: $10,000 ($99)
• Size: $25,000 ($179)
• Size: $50,000 ($389)
• Size: $100,000 ($769)

Rules:

• Profit Target: None
• Total Loss: 5%
• Daily Loss: 3%
• Profit Share: 50% (increases by 10% with each payout)
• Drawdown Type: Trailing Drawdown
• Time Limit: Unlimited
• Leverage: Forex: 1:100, Metals and Energies: 1:30, Indices: 1:30, Cryptocurrency: 1:2
• Max Lot Size: 50 Lots
• Payout Frequency: On Demand
• Allows Copy Trading: Yes
• Min Trading Days: 0 Days

Pro Instant Funding Details

Pricing:

• Size: $5,000 ($49)
• Size: $10,000 ($79)
• Size: $25,000 ($139)
• Size: $50,000 ($279)
• Size: $100,000 ($539)

Rules:

• Profit Target: None
• Total Loss: 5%
• Daily Loss: 3%
• Profit Share: 50% (increases by 10% with each payout)
• Drawdown Type: Trailing Drawdown
• Time Limit: Unlimited
• Leverage: Forex: 1:100, Metals and Energies: 1:30, Indices: 1:30, Cryptocurrency: 1:2
• Max Lot Size: 50 Lots
• Payout Frequency: On Demand
• Allows Copy Trading: Yes
• Min Trading Days: 0 Days

Scaling Plan

Funded Trader Markets offers a Scaling Plan on all Simulated Funded Accounts of 2-Step Evaluations.

• Maximum Simulated Funding: $3M
• Increment Increase: Up to 40% of the Initial Account Balance

Eligibility Criteria:

1. Achieve an 8% net profit over 2 months.
2. Maintain a minimum monthly profit of 2% during this period.
3. Execute at least 3 payout requests in 2 months.
4. Ensure the account balance exceeds the initial balance before scaling up.

Rewards Based on Scaling Levels:

There are a total of 3 levels of scaling - Pioneer, Legend and VIP. 

Pioneer Level Rewards :-

• 30% increase in your initial balance.
• Max Drawdown is increased by 1%.
• 1 Free account if the trader fails
• 100% Profit Split
• On Demand Payout
• Monthly Salary of up to $1,000

Legend Level Rewards :-

• 35% increase in your initial balance.
• Daily Drawdown is increased by 1%.
• Max Drawdown is increased by 1%.
• 1 Free account if the trader fails
• 100% Profit Split
• On Demand Payout
• Monthly Salary of up to $3,000

VIP Level Rewards :-

• 40% increase in your initial balance.
• Daily Drawdown is increased by 2%.
• Max Drawdown is increased by 2%.
• 2 Free account if the trader fails
• 100% Profit Split
• On Demand Payout
• Monthly Salary of up to $5,000

Spreads and News Trading Rules

Spreads:

Funded Trader Markets has not clearly mentioned the spreads applied on their trading platforms.

News Trading Rules:

News trading is allowed by Funded Traders Markets but traders should stay cautious due to potential risks like volatility, wider spreads, and slippage.

Other Important Rules

Daily Drawdown Calculation:

1-Step Nitro: 

For 1-Step Nitro Evaluation, Funded Trader Markets calculates Daily drawdown based on higher value between balance and equity. The drawdown type used here is Equity based drawdown which means the drawdown limit will increase or decrease as the account balance grows or shrinks.

2-Step Evaluations and Instant Funding:

For 2-Step Evaluations and Instant Funding, Funded Trader Markets calculates daily drawdown based on static drawdown which means the drawdown limit used here stays the same throughout the challenge and neither increases or decreases.

Countries Banned from Purchasing:

Due to regulatory reasons, Funded Trader Markets does not offer their services to these countries :-

• Cuba
• Syria
• Iran
• Lebanon
• Iraq
• United Arab Emirates
• Yemen
• North Korea
• Russia

Prohibited Trading Strategies:

Funded Trader Markets has a list of prohibited trading strategies to maintain fairness on their platform :-

• Account Management Services
• Using Manipulative Software or Techniques
• Using External or Slow Data Feeds
• Hedging Between Different accounts or devices
• Hedging
• Group Trading
• High-Frequency Trading
• News Scalping
• Account Sharing
• Copying or Mirroring Trades
• Arbitrage
• Tick scalping
• High-frequency trading
• Reverse trading across accounts

Payout Methods

Funded Trader markets offers 2 payout methods for withdrawal :-

1. Cryptocurrency: USDT (ERC20 or TRC20).
2. Rise: USDC (Arbitrum Network), Bank Transfer.

Trading Commissions

Trading Commissions charged by Funded Trader Markets is as follows :-

• C-Trader: $7 per lot (Forex, Commodities).
• Match-Trader: Up to $3 per lot.
• Indices and Cryptocurrency: No commission.

IP Rule:

Funded Trader Markets allow only one trader in a household and same goes for IP Address used for trading. Trading from multiple devices or different IP Addresses is not allowed. Breaching this rule can lead to account termination.