Funding Traders is a CFD prop firm launched in 2023, registered as FT US Inc in Miami Beach, FL. It offers four account types across MT5 and TradeLocker: Instant Funded (no evaluation), 2-Step PRO10, 2-Step PRO6, and 1-Step, with account sizes from $5,000 to $400,000. As of July 2026, the firm reports 53,000+ funded accounts, a 4.5/5 Trustpilot rating from 2,500+ reviews, and a 48-hour payout guarantee backed by a $1,000 compensation clause if missed.
Rating Breakdown
Pros
- Four distinct account types including no-evaluation Instant Funded
- Up to 100% profit split available on all account types
- All evaluation fees are refundable on the first payout
- 48-hour payout guarantee with $1,000 compensation if missed
- Full EA and algorithmic trading support on MT5
- Overnight and weekend holding allowed
- 1:100 leverage on forex pairs
- Payout via USDT crypto (min $50) or bank wire via Rise (min $200)
- 53,000+ funded accounts and live public payout tracker
- Reset option at 50% off for failed Phase 1 accounts
Cons
- News trading banned entirely on Instant Funded accounts
- Funded challenge accounts restrict news trades to a 2-minute window
- 15% consistency rule on Instant Funded; 50% on 1-Step funded accounts
- Max drawdown calculation method (trailing or static) not publicly disclosed
- Instrument count not specified; exact forex pair list not published
- Only two platforms — no cTrader, DXtrade, or TradingView
- Copy trading software prohibited even between your own accounts
- Max account size of $400K lower than some competitors
Account Plans and Pricing
Instant Funded Account Rules
| Evaluation type | None — trade from day one |
| Profit target | None |
| Min. trading days | None |
| Max drawdown | 6% (calculation method not publicly disclosed) |
| Daily loss limit | 3% |
| Consistency rule | 15% — no single day can exceed 15% of total profits |
| News trading | Banned — opening, closing, or holding during high-impact news is a hard breach |
| Profit split | 90–100% |
| Payout cycle | Every 14 days |
| Fee refund | Not applicable (no evaluation fee structure confirmed for refund) |
2-Step PRO10 Challenge Rules
| Evaluation type | Two-step (Phase 1 + Phase 2) |
| Phase 1 profit target | 10% |
| Phase 2 profit target | 5% |
| Time limit | Not publicly specified |
| Min. trading days | 4 days per phase |
| Max drawdown | 10% (calculation method not publicly disclosed) |
| Daily loss limit | 5% |
| Consistency rule | None |
| News trading (evaluation) | Unrestricted during evaluation phases |
| News trading (funded) | Cannot open or close within 2 minutes of high-impact events; max 30% of total profits from news-influenced trades |
| Fee refund | Yes — refunded with first payout |
2-Step PRO6 Challenge Rules
| Evaluation type | Two-step (Phase 1 + Phase 2) |
| Phase 1 profit target | 6% |
| Phase 2 profit target | 6% |
| Time limit | Not publicly specified |
| Min. trading days | 4 days per phase |
| Max drawdown | 6% (calculation method not publicly disclosed) |
| Daily loss limit | 3% |
| Consistency rule | None |
| News trading (evaluation) | Unrestricted during evaluation phases |
| News trading (funded) | Cannot open or close within 2 minutes of high-impact events; max 30% of profits from news-influenced trades |
| Fee refund | Yes — refunded with first payout |
1-Step Challenge Rules
| Evaluation type | One-step |
| Profit target | 10% |
| Time limit | Not publicly specified |
| Min. trading days | 4 days |
| Max drawdown | 10% (calculation method not publicly disclosed) |
| Daily loss limit | 3% |
| Consistency rule | 50% on funded phase (no single day exceeds 50% of total profits) |
| News trading (evaluation) | Unrestricted |
| News trading (funded) | Cannot open or close within 2 minutes of high-impact events; max 30% of profits from news-influenced trades |
| Fee refund | Yes — refunded with first payout |
Payouts
| First payout | Available from first funded cycle (14 days on Instant Funded; 14–21 days on challenge accounts) |
| Default cycle | 14 days (Instant Funded); 14–21 days (evaluation-based accounts) |
| Profit split | 90–100% (Instant Funded); 80–100% (2-Step and 1-Step) |
| Payout guarantee | Within 48 hours or firm pays $1,000 ($500 cash + $500 account credit) |
| KYC required | Yes, before first payout |
| Payout methods | USDT crypto (min $50); bank transfer via Rise (min $200) |
| Verified total paid | $4.7M+ reported; live payout tracker on site |
Trading Conditions
| Platforms | MetaTrader 5 (MT5), TradeLocker |
| Instruments | Forex, indices, metals, oils, cryptocurrencies (exact count not publicly specified) |
| Leverage — forex | Up to 1:100 |
| Leverage — indices / gold | Up to 1:50 |
| Leverage — crypto | Up to 1:5 |
| News trading | Unrestricted during evaluation; restricted on funded accounts (2-min window, 30% profit cap) |
| Overnight holding | Allowed |
| Weekend holding | Allowed |
| Expert Advisors | Allowed (full EA support on MT5) |
| Copy trading | Manual copying of own accounts only; software copying between accounts prohibited; third-party signals banned |
| Max risk per trade | 2% of initial capital |
| Scaling path | Up to $2M referenced; specific trigger conditions not publicly documented |
Our Verdict
Funding Traders launched in 2023 and has moved quickly. With 53,000+ funded accounts claimed and a 4.5/5 Trustpilot rating from 2,500+ reviews, it has more traction than most prop firms at this age. The four-account-type setup — Instant Funded, 2-Step PRO10, 2-Step PRO6, and 1-Step — covers a real spread of trader needs, and the entry prices are genuinely low. A 2-Step PRO6 starts at $25 with a refundable fee, which is hard to beat for a two-phase evaluation.
The payout guarantee is the most differentiated feature here. Most prop firms promise fast payouts. Funding Traders backs it with a $1,000 compensation clause if they miss the 48-hour window. That is a meaningful commitment. USDT withdrawals from $50 and bank wire via Rise from $200 give traders two practical options without exotic payout rails.
The news trading rules need careful reading. On Instant Funded accounts, news trading is a hard breach — any position opened, closed, or held during a high-impact news window will result in account termination. On funded challenge accounts, you can trade the news, but no position can open or close within 2 minutes of an event, and no more than 30% of your total profits can come from news-influenced trades. This is workable for discretionary traders who avoid the immediate spike window, but it rules out strategies built around high-impact releases.
The consistency rules are account-specific. The PRO6 and PRO10 two-step accounts have no consistency requirement during evaluation or on the funded side — a meaningful advantage for traders with uneven profit distribution. The Instant Funded account applies a 15% cap (no single day can exceed 15% of total profits), and the 1-Step funded account applies a 50% cap. Neither is unusually tight, but traders should run their historical results through a consistency check before choosing an account type.
The main gaps are on transparency. The drawdown calculation method — whether the 6% or 10% max loss is measured from a trailing high-water mark or a static starting balance, and whether it is calculated in real time or at end of day — is not publicly documented. For traders running strategies close to drawdown thresholds, this matters. Instrument count and the exact forex pair list are also absent from public documentation, which forces traders to check inside the platform before committing. Compared to FXIFY, which discloses 300+ instruments and a clear trailing drawdown mechanism, or FundedNext, which publishes detailed drawdown rules, Funding Traders is thinner on operational specifics.
Overall, Funding Traders is a solid option for traders who want low entry costs, a no-evaluation path via Instant Funded, and a news-trading-compatible strategy on the PRO6 or PRO10 tracks. The payout guarantee adds real credibility. The transparency gaps and two-platform limit are worth noting, but neither is a dealbreaker for most traders.
Frequently Asked Questions
Is Funding Traders a legitimate prop firm?
Funding Traders is registered as FT US Inc at 901 Pennsylvania Ave, Suite 3-440, Miami Beach, FL 33139, USA. As of July 2026, it holds a 4.5 out of 5 Trustpilot rating from 2,500+ reviews, reports 53,000+ funded accounts, and publishes a live payout tracker on its website. Payout methods include USDT crypto and bank wire via Rise. The 48-hour payout guarantee with a $1,000 compensation clause is a credibility signal not common in this space.
What challenge types does Funding Traders offer?
Funding Traders offers four account types. Instant Funded requires no evaluation and is available from $10,000 to $400,000. The 2-Step PRO10 requires 10% in Phase 1 and 5% in Phase 2, available from $5,000 to $200,000 from $39 (refundable). The 2-Step PRO6 requires 6% per phase, starting from $25 (refundable). The 1-Step requires a single 10% profit target, starting from $32 (refundable).
What are the Funding Traders drawdown rules?
Drawdown limits vary by account. Instant Funded and 2-Step PRO6 accounts have a 6% maximum loss and a 3% daily loss limit. The 2-Step PRO10 has a 10% maximum loss and a 5% daily loss limit. The 1-Step has a 10% maximum loss and a 3% daily loss limit. The exact calculation method — trailing or static, real-time or end of day — is not publicly documented as of July 2026.
What platforms does Funding Traders support?
Funding Traders supports MetaTrader 5 (MT5) and TradeLocker. Both platforms offer full EA support for algorithmic trading. Instruments span forex pairs, indices, metals, oils, and cryptocurrencies, with up to 1:100 leverage on forex, up to 1:50 on indices and gold, and up to 1:5 on crypto. Overnight and weekend holding are allowed on both platforms.
Is there a Funding Traders discount code?
Funding Traders publicly lists the code TRYFT for 50% off your first challenge. A second code, 250, was available during a promotional period offering 55% off plus a 250% refund bonus. Check the Funding Traders pricing page directly for any active codes at the time of purchase, as promotional codes change.
Ready to try Funding Traders?
4 account types. Up to 100% profit split. 48-hour payout guarantee backed by $1,000 compensation. MT5 and TradeLocker.
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