Are you a trader looking for opportunities to grow your trading capital and showcase your skills? In this article, we present an in-depth review of T
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Are you a trader looking for opportunities to grow your trading capital and showcase your skills? In this article, we present an in-depth review of The Funded Trader, a prop trading firm that has been gaining attention in the trading community.
We will explore its features, evaluation process, profit splits, and more to help you make an informed decision about joining the platform.
A Gamified Approach: The Funded Kingdom
The Funded Trader takes a unique approach by gamifying its website and referring to it as “The Funded Kingdom.” Although this may initially appear overwhelming, the platform offers excellent customer service, a fair profit split, and timely payouts.
Traders have the opportunity to prove their trading abilities and earn up to 90% profit splits.
Evaluation Process: Phases and Challenges
Similar to other prop trading firms like FTMO, The Funded Trader utilizes an evaluation process consisting of two phases: standard, rapid, and royal challenges. The Royal challenge provides traders with good leverage, profit targets, and trading freedom.
Traders can engage in news trading, hold positions over the weekend, and use trade copiers. The minimum trading days required are five.
Profit Splits and Scaling Plan – The Funded Trader Review
The default profit split ratio for all funded trader live accounts is set at 80/20. However, traders can increase their profit split by meeting the terms of the scaling plan. By demonstrating consistent profitability, traders can access up to 1.5 million in funding through quarterly account reviews.
The Funded Trader pays traders through Deal, a reliable payment method.
Comparison with Other Prop Trading Firms
The Funded Trader offers competitive advantages over similar prop trading firms like FTMO. It provides cost-effective pricing options, and by using the discount code “Kimmel,” traders can enjoy a 10% discount and a 115% refund.
Additionally, The Funded Trader offers excellent customer support, minimized slippage, and integration with TradingView, allowing traders to execute trades seamlessly.
Signing Up and Personal Experience
To evaluate the platform, the reviewer personally engaged in two 100K challenges with The Funded Trader. The sign-up process was quick and easy, with traders receiving their challenge within minutes.
The reviewer vouches for the credibility of the platform by sharing that they invested their own money, demonstrating trust in The Funded Trader.
The Funded Trader Review Conclusion:
The Funded Trader presents a compelling option for traders seeking opportunities to grow their capital and gain recognition for their trading skills. With its gamified approach, competitive profit splits, and integration with TradingView, the platform offers a unique experience.
The evaluation process, scaling plan, and customer support further enhance its appeal. If you are considering prop trading, The Funded Trader is definitely worth exploring.
Disclaimer: This article is a review based on personal experience and should not be considered as financial advice. Traders should conduct thorough research and consider their individual circumstances before engaging with any prop trading firm.
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