Advantage
- Maximum balance of standard account up to $600,000
- Divide 80% of profits for standard accounts
- Leverage up to 200:1
- Scaling plan with balance up to $1,500,000
- Divide 90% of the profit on the scaling plan
- Overnight and weekend stay allowed
- News trading is allowed
- Wide range of trading instruments (forex pairs, commodities, indices, cryptocurrencies)
Defect
- No free trial (yet)
- Reliable but relatively slow customer support
In a nutshell, The Funded Trader is a legit funding company that provides funding after completing the Evaluation Process to traders worldwide. With capital from $50,000 up to $1,500,000 per trader or a balanced strategy with a high profit split of 80-90%, biweekly payouts and comfortable trading rules , this is a great company for underfunded traders looking for investors for their trading.
You should remember that you are prohibited from using any of the following trading strategies: hedging between accounts, copy trading, using any EA, unrealistic strike prices in a demo environment due to a news event that causes volatility in the market. You are also not allowed to change your trading account password, otherwise your account will be terminated.
I would recommend The Funded Trader to anyone who has achieved consistent results while trading forex pairs, commodities, indices or cryptocurrencies. Although they are still a relatively new company, they offer excellent conditions for a large group of different trading styles to individuals.
