Featured Prop Firm

The Funded Trader Review


At The Funded Trader, they hold a strong belief that every individual retail trader should have a chance to secure capital based on their dedication and performance in building their own trading business.

The Funded Trader Prop Firm

The Funded Trader is actively seeking talented and experienced traders who possess a deep passion for the markets. With the assistance of their funds, these traders have the opportunity to thrive even in volatile and unpredictable market conditions. By effectively managing account sizes of up to $1,500,000, they can unlock the potential for substantial profits. Additionally, traders can take advantage of profit splits reaching as high as 90%. The trading opportunities extend across a wide range of financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.


  • 80% profit split on all funded accounts
  • Four different funding program options
  • Maximum balance of standard accounts up to $600,000
  • Unlimited evaluation free retries
  • 90% profit split on scaling plan
  • Scaling plan with balance up to $1,500,000
  • Overnight and weekend holding allowed
  • A large variety of trading instruments (forex pairs, commodities, indices, cryptocurrencies)
  • No minimal trading days
  • Trading platforms include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView;


  • No free trial
  • Customer support is reliable but relatively slow
The Funded Trader Review

Who are The Funded Trader?

The Funded Trader, established on May 12, 2021, is a proprietary firm with its headquarters situated at 14001 W HWY 29, Suite 102, Liberty Hill, TX 78642.

While their office is based in the United States, they provide traders with an opportunity to work with substantial capital balances of up to $1,500,000. Moreover, traders can enjoy profit splits of up to 90%. The firm has partnered with reputable brokers, namely Eightcap and Purple Trading Seychelles, to facilitate trading operations for their clients.



The Funded Trader CEO Angelo Ciaramello

Who is the CEO of The Funded Trader?

Angelo Ciaramello, a 24-year-old entrepreneur hailing from New Jersey, founded The Funded Trader in 2020. Initially, his company began as a start-up that introduced gamification to the realm of retail trading in capital markets. The primary objective was to offer individual traders an opportunity to compete, aiming to secure funding and attain top positions on the rankings leaderboard.

Under Angelo's leadership, The Funded Trader successfully developed multiple funding challenges, enabling individuals to trade using the company's capital while receiving percentage-based profit splits. In 2022, Angelo achieved a significant milestone as he was recognized as one of the top 25 Financial Technology Leaders of New Jersey.

To keep up with Angelo Ciaramello and his endeavours, interested individuals can follow him on Instagram and LinkedIn. These platforms provide a glimpse into his daily activities and offer a closer look at his posts and updates.

Funding Options

The Funded Trader provides traders with a range of four distinct programs to select from. These programs include:

  1. Standard Challenge Accounts
  2. Standard Regular Challenge Accounts
  3. Standard Swing Challenge Accounts

For those seeking a more rapid trading experience, the following programs are available:

  1. Rapid Challenge Accounts
  2. Rapid Regular Challenge Accounts
  3. Rapid Swing Challenge Accounts

For traders aspiring to access exclusive benefits and opportunities, The Funded Trader offers the following programs:

  1. Royal Challenge Accounts
  2. Knight Challenge Accounts

Each program is designed to cater to different trading styles, preferences, and objectives, allowing traders to choose the program that best aligns with their goals.

The Funded Trader Comparison

The Funded Trader's Standard Challenge Account is designed to identify skilled and committed traders who demonstrate consistency in their trading performance throughout a two-phase evaluation period. Here are the key features and rules associated with the Standard Challenge Account:

  1. Leverage and Trading Restrictions:
  • During the evaluation stages, traders can trade with 1:200 leverage for Standard Challenge Accounts.
  • Once funded, leverage is adjusted to 1:100 for Regular Challenge Accounts and 1:30 for Swing Challenge Accounts.
  • Swing accounts have the option to hold trades over weekends, while regular accounts require trades to be closed.

  1. Evaluation Phase One:
  • Traders must achieve a profit target of 10% without exceeding the maximum daily loss of 5% or maximum loss of 10%.
  • There are no specific maximum trading day requirements during this phase, but traders must trade a minimum of three days to progress to phase two.

  1. Evaluation Phase Two:
  • Traders must achieve a profit target of 5% without exceeding the maximum daily loss of 5% or maximum loss of 10%.
  • There are no specific maximum trading day requirements during this phase, but traders must trade a minimum of three days to qualify for a funded account.

  1. Funded Account:
  • After successfully completing both evaluation phases, traders are awarded a funded account with no profit targets.
  • Traders must adhere to the 5% maximum daily loss, 10% maximum loss, and lot size limit rules.
  • The first payout is scheduled 30 calendar days from the day the trader places their first position in the funded account.
  • Subsequent payouts occur on a bi-weekly basis.
  • Profit splits for funded accounts range from 80% to 90% based on the profits generated.

  1. Add-On Options for Standard Challenge Accounts:
  • Additional Drawdown
  • Enabled Expert Advisors (EAs)
  • Scaling Plan: Traders who achieve a profit target of 6% or more within a three-month period, with two out of three months being profitable, receive a 25% account balance increase.

  1. Trading Instruments:
  • Standard Challenge Accounts allow trading in forex pairs, commodities, indices, and cryptocurrencies.

  1. Standard Challenge Account Rules:
  • Profit targets: 10% for Phase One, 5% for Phase Two, and no profit targets for funded accounts.
  • Maximum daily loss: 5% for all account sizes.
  • Maximum loss: 10% for all account sizes.
  • Minimum trading days: Three minimum trading days for both evaluation phases. Funded accounts have no minimum trading day requirements before being eligible for payouts.
  • Lot size limit: Traders must adhere to specified lot sizes for specific trading instruments, applicable only to funded accounts.
  • No martingale allowed: Traders are prohibited from using any martingale strategies.
  • Third-party copy trading risk: Traders using third-party copy trading services should be aware that exceeding the maximum capital allocation rule may impact their eligibility for funded accounts or withdrawals.
  • No EAs allowed: Traders cannot use any types of EA services, except for expert advisors for copying purposes.

Please note that these rules and features pertain specifically to the Standard Challenge Account offered by The Funded Trader.

What makes The Funded Trader different from other prop firms?

The Funded Trader distinguishes itself from many other leading prop firms by offering traders significant flexibility in their trading styles. Unlike some firms, The Funded Trader allows traders to engage in trading activities during news events, hold trades overnight, and even over weekends.

When compared to other prop firms, The Funded Trader's Standard Challenge Program stands out as a two-phase evaluation program. Traders must successfully complete both phases to become eligible for payouts. In Phase One, the profit target is set at 10%, while in Phase Two, it is lowered to 5%. Traders must adhere to the maximum daily loss of 5%, maximum loss of 10%, and lot size limit rules. Furthermore, a minimum of 3 trading days is required in each phase before advancing to the funded stage.

In addition, The Funded Trader's Standard Challenge Program includes a scaling plan, which sets it apart from other industry-leading prop firms. Traders who achieve a profit target of 6% or more within a three-month period, with at least two out of three months being profitable, receive a 25% increase in their account balance.

Compared to its competitors, The Funded Trader offers average profit targets and relatively low minimum trading day requirements. This combination of flexibility, evaluation structure, and scaling plan makes The Funded Trader's Standard Challenge Program distinct within the prop trading industry.

The Funded Trader Performance

Wide range of account types

The Funded Trader offers a wide range of account types and subtypes, each with varying balance requirements and rates. This diversity allows traders to select the account type that best suits their specific needs and preferences. By offering different options, The Funded Trader aims to provide optimal conditions for each partner, ensuring they can operate under the most favourable circumstances that align with their trading strategies and goals.

The Funded Trader Profits

Amazing pricing policy

The Funded Trader follows a customer-friendly pricing policy that prioritizes loyalty and success. Traders can begin their journey with a minimal initial fee of just $189. What makes this policy even more attractive is that the initial fee is fully refunded to traders upon successful completion of the two-stage challenge. This approach ensures that traders have the opportunity to prove their skills and achieve their goals without bearing the burden of the initial fee. The Funded Trader's commitment to refunding the fee demonstrates their dedication to supporting and rewarding traders who meet the challenge requirements.

The Funded Trader Support

Attractive profit split

The Funded Trader distinguishes itself from many other prop trading firms by offering an attractive profit split to its partners. While the industry standard typically ranges from 60% to 70%, The Funded Trader provides traders with 80% of the net profit right from the start. This higher initial profit split allows traders to enjoy a greater portion of their trading earnings.

Moreover, what sets The Funded Trader apart is the potential to increase the profit split up to 90% over time. As traders demonstrate their trading skills and achieve consistent profitability, they have the opportunity to earn an even larger share of the net profits generated. This progressive profit split structure provides traders with additional incentives and rewards as they progress in their trading journey with The Funded Trader.

The Funded Trader Trading Platform Review

Trading platforms

Unlike many prop trading firms that restrict their partners to a single trading platform, The Funded Trader offers its partners the flexibility to choose from three popular platforms: MT4 (MetaTrader 4), MT5 (MetaTrader 5), and TradingView. This freedom of choice empowers traders to select the platform that best aligns with their trading preferences, strategies, and technical analysis tools. Whether traders prefer the robust features of MT4 or the advanced capabilities of MT5, or if they opt for the user-friendly interface of TradingView, The Funded Trader ensures that partners have access to the platform that suits their individual needs.

Surge Trader Pay-out Proof

The Funded Trader was officially incorporated on May 12, 2021. Once traders successfully complete the funding process and are funded by the firm, they become eligible for bi-weekly payouts. Unlike certain prop trading firms that impose minimum profit targets for payouts, The Funded Trader does not have such requirements. This means that traders can receive payouts on a regular basis without needing to reach specific profit targets. The bi-weekly payout structure provides traders with a consistent flow of earnings, contributing to their financial stability and flexibility.

The Funded Trader Payout
The Funded Trader Payout for Traders




Which brokers do The Funded Trader use?

The Funded Trader has established partnerships with two reputable brokers: Eightcap and Purple Trading Seychelles. Each broker offers different services and trading platforms for traders:

  1. Eightcap: Eightcap is an ASIC-regulated broker headquartered in Melbourne, Australia. With a founding year of 2009, Eightcap's mission is to provide exceptional financial services to clients worldwide. They have multiple offices globally and are regulated in various jurisdictions. Eightcap offers access to markets including FX, indices, commodities, and shares.
  2. ThinkMarkets: ThinkMarkets is a premium multi-asset online brokerage with offices in London and Melbourne. They provide easy access to a wide range of markets and offer popular trading platforms such as MetaTrader 4, MetaTrader 5, and their in-house developed ThinkTrader platform.
  3. Purple Trading Seychelles: Purple Trading Seychelles aims to provide fair business conditions and state-of-the-art technologies to become equal partners with their clients. If you choose Purple Trading Seychelles as your broker, you will have access to the MetaTrader 4 trading platform.

Depending on the broker you choose, you will have the option to trade on either MetaTrader 4 or MetaTrader 5. Eightcap and ThinkMarkets offer both platforms, while Purple Trading Seychelles supports only MetaTrader 4.

Top 5 The Funded Trader Customer Reviews

My first payout ever from a prop firm
My first payout ever from a prop firm , TFT is an extraordinarily great prop firm to work with, got a $10,000 account for 50% off at $64.50 and made my first withdrawal of $636(inclusive of my refundable evaluation fee), nothing beats that. I’m here with TFT not just for a good time but for a long time.
The Funded Trader Review

Experienced Trader

Customer service is A1
Customer service is A1. I literally got response within 10 minutes of sending a message, both on the site and through email. Can't speak on much else as I'm still in the process of passing the second challenge phase. The whole process has been smooth thus far.
The Funded Trader Prop Firm Overview

Cedric P
Experienced Trader

Been with the company since day one
Been with the company since day one. I’ve watched them get better and better as I have got better and better in my trading. What separates them in my opinion from other firms is their customer service and they also seem to be trader first, which is great to have a firm like that.
The Funded Trader Advice

David R
‍‍Experienced Trader

Good customer support
I had a very good customer support while I was waiting for my giveaway challenge account until I received it in a short time. Now I can start to trade with it. Much thanks to the funded Trader for this opportunity.
The Funded Trader Customer Support

Nwankwo Chibunna
‍Experienced Trader

Overall experience
Challenge acquisition is fast and the information on the site is good. Support is AI and sends weird messages sometimes. Please improve customer support.
The Funded Trader Experience

Pauls K
‍‍Experienced Trader

Trading Fees

Assets Fee Terms
Forex 3 USD / LOT
Commodities 3 USD / LOT
Indices 0 USD / LOT
Crypto 0 USD / LOT


In conclusion, The Funded Trader is a legitimate and well-established proprietary trading firm that provides traders with the opportunity to choose from four distinct funding programs: Standard, Rapid, Royal, and Knight. These programs offer traders realistic trading objectives and a chance to earn profit splits while following specific trading rules.

The Standard, Rapid, and Royal challenge programs are two-phase evaluation challenges that require traders to achieve profit targets in each phase before becoming funded. The profit targets, maximum daily loss, and maximum loss rules are designed to provide a realistic and manageable trading environment. Traders have the potential to earn profit splits of up to 90% and can also scale their accounts.

For traders looking for a one-step evaluation program, the Knight challenge accounts offer a single phase to reach a profit target of 10% before becoming funded. These accounts have specific maximum daily loss and maximum trailing loss rules. Traders can earn profit splits ranging from 80% to 90% and have the opportunity to scale their accounts.

The Funded Trader's straightforward trading rules and the variety of funding programs make it an attractive choice for traders with different trading styles. Their industry-leading status and commitment to providing excellent trading conditions further solidify their reputation as a reputable prop trading firm. Overall, The Funded Trader is recommended for individuals seeking a reliable and transparent prop firm.

Please note that the information in this review was last updated on July 17, 2023.

The Funded Trader Prop Firm