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The Funded Trader has the same founders as The Forex League and VVS Academy. They made this prop firm to provide their community with the exact solutions required.

The Funded Trader firmly believes in providing traders worldwide with significant and inclusive access to the essential capital that has the potential to transform their lives and facilitate the realization of their dreams. Recognizing the inherent challenges and cutthroat nature of the trading sphere, their commitment lies in empowering traders, equipping them to fulfill their goals and achieve heightened financial gains. The guiding principle at The Funded Trader is that with appropriate backing, mindset, technological tools, and risk management, every individual has the capacity to excel as a prosperous trader. With a straightforward mission, The Funded Trader aims to emerge as the premier platform for talented traders across the globe.

Introduction of The Funded Trader

Company DetailsThe Funded Trader
CEOAngelo Ciaramello
Incorporation DateMay 2021
LocationLiberty Hill, Texas
Maximum Account Size of Funding ProgramsStandard Challenge: $400,000
Rapid Challenge: $200,000
Royal Challenge: $400,000
Knight Challenge: $200,000
Dragon Challenge: $200,000

Funding Programs

Standard Challenge

Account SizeAccount Price
$5,000$65
$10,000$129
$25,000$199
$50,000$299
$100,000$499
$200,000$939
$300,000$1,469
$400,000$1,879
ObjectivesObjective Value
Profit Target (Phase 1)10%
Profit Target (Phase 2)5%
Daily Drawdown5% (6% with Add on)
Maximum Drawdown10% (12% with Add on)
Max Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Minimum Trading Days3 Calendar Days
Profit Share80% up to 90%

Rapid Challenge

Account SizeAccount Price
$5,000$79
$10,000$129
$25,000$229
$50,000$299
$100,000$499
$200,000$899
ObjectivesObjective Value
Profit Target (Phase 1)8%
Profit Target (Phase 2)5%
Daily Drawdown5%
Maximum Drawdown8%
Max Trading PeriodPhase 1: 35 Calendar Days
Phase 2: 60 Calendar Days
Minimum Trading DaysNo Minimum Trading Days
Profit Share80% up to 90%

Royal Challenge

Account SizeAccount Price
$50,000$289
$100,000$489
$200,000$939
$300,000$1,399
$400,000$1,869
ObjectivesObjective Value
Profit Target (Phase 1)8%
Profit Target (Phase 2)5%
Daily Drawdown5%
Maximum Drawdown10%
Max Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Minimum Trading Days5 Calendar Days
Profit Share80% up to 90%

Knight Challenge

Account SizeAccount Price
$5,000$59
$10,000$99
$25,000$189
$50,000$289
$100,000$489
$200,000$939
ObjectivesObjective Value
Profit Target10%
Daily Drawdown3%
Maximum Drawdown6% (Trailing)
Max Trading PeriodUnlimited
Minimum Trading DaysNo Minimum Trading Days
Profit Share80% up to 90%

Dragon Challenge

Account SizeAccount Price
$5,000$49
$10,000$99
$25,000$135
$50,000$205
$100,000$355
$200,000$495
ObjectivesObjective Value
Profit Target (Phase 1)8%
Profit Target (Phase 2)5%
Profit Target (Phase 3)5%
Daily Drawdown5%
Maximum Drawdown10%
Max Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 3: Unlimited
Minimum Trading DaysNo Minimum Trading Days
Profit Share75% up to 95%

Comparison of Two-step Program

Comparison of The Funded Trader & Funding Pips

ObjectivesThe Funded Trader (Standard)The Funded Trader (Rapid)The Funded Trader (Royal)Funding Pips
Profit Target (Phase 1)10%8%8%8%
Profit Target (Phase 2)5%5%5%5%
Daily Drawdown5% (6% with Add on)5%5%5% (Can be scaled to 7%)
Maximum Drawdown10% (12% with Add on)8%10%10% (Can be scaled to 14%)
Max Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: 35 Calendar Days
Phase 2: 60 Calendar Days
Phase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Profit Share80% up to 90%80% up to 90%80% up to 90%80% up to 90%

Comparison of The Funded Trader & Smart Prop Trader

ObjectivesThe Funded Trader (Standard)The Funded Trader (Rapid)The Funded Trader (Royal)Smart Prop Trader
Profit Target (Phase 1)10%8%8%7%
Profit Target (Phase 2)5%5%5%5%
Daily Drawdown5% (6% with Add on)5%5%4%
Maximum Drawdown10% (12% with Add on)8%10%8% (Can be scaled to 28%)
Max Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: 35 Calendar Days
Phase 2: 60 Calendar Days
Phase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Minimum Trading Days3 Calendar DaysNo Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Profit Share80% up to 90%80% up to 90%80% up to 90%85% up to 90%

Broker & Trading Platform

BrokerEightcap, Purple Trading Seychelles, ThinkMarkets
Trading PlatformMetaTrader 4, MetaTrader 5
Trading InstrumentsForex Pairs, Commodities, Indices, Crypto

Conclusion

To draw a final conclusion, The Funded Trader is a reputable and trustworthy proprietary trading company that is managed by Angelo Ciaramello. They provide traders with an opportunity to choose between four unique funding programs. While working with them, you will be provided an account through Eightcap, Purple Trading Seychelles, or ThinkMarkets and trade on the MetaTrader 4 or MetaTrader 5 trading platform. As for trading instruments, you will be able to trade forex pairs, commodities, indices, and crypto. After considering everything that The Funded Trader brings to the table, we can consider them an excellent choice within the proprietary trading firm space.

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The Funded Trader Review
9.5/10