Funded Trading Plus & The Funded Trader One-step Comparison

In this article, we will be making a general and one-step comparison between Funded Trading Plus and The Funded Trader.

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In this article, we will be making a general and one-step comparison between Funded Trading Plus and The Funded Trader. We will compare the two mentioned proprietary trading firms in general and what they are offering to forex traders worldwide.

Company Details

Company DetailsFunded Trading PlusThe Funded Trader
Incorporation dateNovember 2021May 2021
CEOSimon MasseyAngelo Ciaramello
Office LocationLondon, UKLiberty Hill, Texas
Maximum Allocation Capital$2,500,000$1,500,000

Funded Trading Plus and The Funded Trader are both reliable and trustworthy proprietary trading firms. Funded Trading Plus was incorporated in November 2021, while The Funded Trader started operating in May 2021. When it comes to CEOs, Simon Massey is the CEO of Funded Trading Plus, while The Funded Trader is being run by Angelo Ciaramello. Funded Trading Plus has offices located in London, UK, while The Funded Trader has its headquarters in Liberty Hill, Texas. And lastly, when it comes to the maximum allocation capital, traders can manage up to $200,000 in one-step evaluation accounts with Funded Trading Plus, while with The Funded Trader, traders can manage up to $600,000 in one-step evaluation accounts. Note that both proprietary trading firms also have a scaling plan.

Funding Program Options

Funding Program OptionsFunded Trading PlusThe Funded Trader
One-phase Evaluation
Two-phase Evaluation
Instant Funding

Funded Trading Plus and The Funded Trader both offer funding programs to forex traders worldwide. Funded Trading Plus offers a one-step evaluation, two two-step evaluations, and instant funding programs. The Funded Trader, on the other hand, offers a one-step evaluation and three two-step evaluations.

That being said, let’s take a look at the comparison of the one-step evaluation programs.

One-step Comparison:

Trading Rules/ObjectivesFunded Trading PlusThe Funded Trader
Profit Target10%10%
Daily Drawdown3%3%
Overall Drawdown6% (Trailing)6% (Trailing)
Leverage1:301:30
Minimum Trading DaysNo limitNo limit
Trading PeriodNo limitNo limit
Profit Split80% up to 90%80% up to 90%

Now that we have covered all the rules and guidelines of the one-step evaluation. Let’s take a closer look at prices.

Account SizeFunded Trading PlusThe Funded Trader
$12,500$119
$25,000$199$189
$50,000$349$289
$100,000$499$489
$200,000$999$939

Brokers & Trading Platforms

After covering all the trading objectives, rules, and pricing, let’s take a closer look at brokers and trading platforms that we can use with each proprietary trading firm.

Funded Trading PlusThe Funded Trader
BrokerEightcapEightcap, Purple Trading Seychelles, Think Markets
Trading PlatformMetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5

Trading Instruments

Another important factor when comparing proprietary trading firms is trading instruments. Below you can see which trading instruments we can trade with Funded Trading Plus and The Funded Trader.

Trading InstrumentsFunded Trading PlusThe Funded Trader
Forex pairs
Commodities
Indices
Crypto

Community Feedback

The last topic we will go through is community feedback from Funded Trading Plus and The Funded Trader. We will be looking at feedback from Trustpilot regarding both proprietary trading firms.

Trustpilot StatisticsFunded Trading PlusThe Funded Trader
Rating4.9/54.5/5
Number of Reviews1,78813,361

Funded Trading Plus has a rating of 4.9/5 out of a total of 1,788 reviews, while The Funded Trader has a rating of 4.5/5 out of 13,361 reviews. Based on the statistics, we can clearly see that The Funded Trader is the more popular proprietary trading firm at the moment.

Conclusion

In conclusion, Funded Trading Plus and The Funded Trader are two excellent proprietary trading firm choices for any trader. We can see some clear differences regarding the trading rules and objectives, prices, and community feedback. In addition, we can also see that there is a difference regarding funding program options since Funded Trading Plus offers a one-step evaluation, two two-step evaluations, and instant funding. On the other hand, The Funded Trader offers a one-step evaluation and three two-step evaluations.

We will be ending the comparison with our special discount codes for each of the two compared proprietary trading firms. You can find both discount codes below!

Funded Trading Plus 10% active discount code: FOREXPROPREVIEWS

The Funded Trader 10% discount code: forexpropreviews

This comparison was lastly updated on 04.10.2023 at 09:23 (CE(S)T).

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