Funding Traders

OVERVIEW

Situated in the United Arab Emirates, Funding Traders is a budding firm with less than a year’s presence, and is led by CEO Stan. The firm chooses MT5 for their platform and has partnered with FXCH as their broker. With account sizes ranging from $10,000 to $300,000, Funding Traders targets a wide spectrum of traders. The firm’s structured evaluation framework consists of Step 1 and Step 2 challenges. Funding Traders sets profit targets of 10% for the 1-step evaluation and 10% for Phase 1 and 5% for Phase 2 in the 2-step evaluation. The maximum total drawdown ranges from 5% to 10% across challenges. The inclusion of a wide array of trading instruments such as FX, Crypto, Stocks, Indices, and Metals enables Funding Traders to offer opportunities for traders to engage in diverse market scenarios. FX trading is provisioned with up to 1:100 leverage in both the 1-step and 2-step evaluations, Indices and Gold trading are available at a leverage of up to 1:50, and Crypto is offered with a leverage of up to 1:5.

  • FX (Forex)
  • Crypto (Cryptocurrencies)
  • Stocks
  • Indices
  • Metals

1-Step:

  • FX: Up to 1:100
  • Indices/Gold: Up to 1:50
  • Crypto: Up to 1:5

2-Step:

  • FX: Up to 1:100
  • Indices/Gold: Up to 1:50
  • Crypto: Up to 1:5

CBT Limited:

  • $3/lot roundtrip on FX, indices, and stocks.
  • No commissions in challenge phase.

Within FundingTraders, a systematic scaling plan is in place to acknowledge and support the consistent success of profitable traders.

The scaling plan adheres to specific requirements:

  • 25% Increment in Capital Every Three Months if Profitable: Traders are eligible for a 25% increase in their capital every three months, contingent upon maintaining profitability during this period. The increment is precisely calculated based on the trader’s initial balance, providing a structured approach to account scaling.
  • 10% Profit Target Required Over Every Two Months: Traders are mandated to achieve a minimum total profit of 10% of their initial account balance over a consecutive two-month period. This requirement ensures that traders consistently meet a predefined profit target, showcasing sustained profitability.

Consider a trader, starting with an initial account balance of $50,000. According to the scaling plan at FundingTraders, this trader has the opportunity for a 25% increase in capital every three months. Let’s say, over the first three months, the trader successfully achieves a 15% profit, demonstrating consistent profitability. Additionally, In a two month period, the trader has achieved an accumulated profit of at least 10%. As a result, the trader qualifies for a 25% increase, equivalent to $12,500, bringing the new account balance to $62,500.

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