The Funded Trader Reviews
Up to $600K Funded
1/2/3-Step Programs
$100K from $489
4 Pro Platforms
📊 The Funded Trader at a Glance — Brand Profile & Stats
🏢 Who is The Funded Trader?
The Funded Trader (TFT)
Simulated forex prop firm — 1/2/3-step challenges
Founded
2021
Headquarters
🇺🇸 United States
Max Funded Cap
$600,000 per trader
Max Challenge Volume
$1.2 million
Programs Offered
5 (1/2/3-Step + variants)
Support
888-920-3079
Positioning: “A community for traders, by traders” — founder-led, Discord-first culture with active education on YouTube and Instagram.
★ What 22,012 Real Traders Say
★★★Trustpilot 3.0 / 5 · 22,012 reviews
AI summary: “Considering 840 reviews, most reviewers were somewhat happy with their experience overall. Many people are unhappy with the company’s customer service.”
Positive theme: Many traders praise the variety of challenge models and active payouts
Negative theme: Slow customer service response times reported repeatedly
Negative theme: Some issues during platform migrations and account access
💰 The Cheapest Path to $100K
$100K Challenge pricing (homepage widget):
| Phase | $100K Price |
|---|---|
| 1-Step | $489 |
| 2-Step | $578 |
| 3-Step | $519 |
Cheapest path: 1-Step at $489 — competitive with FTMO ($540 for $100K) and faster qualification.
🖥️ Platform Stack (4 Options)
TFT supports four trading platforms:
Match-Trader
Web/desktop · Beginner-friendly
DXTrade
Web · Beginner-friendly
cTrader
Advanced · ECN-style execution
Platform 5
Advanced · Multi-asset
Note: TFT advertises a “simulated” environment monitored by proprietary technology — trades replicate real market via dynamic execution.
📈 Profit Targets & Rules Snapshot
Headline rules from the homepage:
Phase 1 target
8%
Daily DD
Balance-based
Min days
None
Time limit
None
News trading
Allowed
Programs
5 variants
Trader-friendly: No minimum days and no time limits is unusual — FTMO and Topstep both enforce minimums.
⚠️ 3 Things Traders Get Wrong
Most-cited issues from real reviews & FAQ:
- Slow support response. Independent reviews repeatedly cite slow customer service — not a deal-breaker but plan for asynchronous email turnarounds.
- KYC required before payouts. ID verification (KYC/AML) is mandatory before any funded account or payout is issued.
- Crypto-only payment quirks. If paying in crypto, TFT only accepts ERC-20 addresses — use the wrong network and support cannot recover funds.
Reminder: TFT is explicitly a simulated evaluation firm — profit splits apply to simulated profits.
Top The Funded Trader Alternatives
🥇 FTMO ★★★★★
$100K Challenge from $540. The original CFD prop firm — longest track record, paid out $200M+. 10% profit target, 5% daily DD, 10% max DD.
Best for: Traders wanting the most established CFD prop firm name.
🥈 FundedNext ★★★★½
15% profit share even from challenge phase on Stellar 1-Step. Multiple models, 90% split on scale-up. Strong reputation in EMEA.
Best for: Traders who want bonus payouts during the evaluation.
🥉 The5%ers ★★★★
High-Stakes & Bootcamp models with up to 100% scaling. No time limits. Funded since 2016 with long-running payout history.
Best for: Patient scalers who want a long-term growth path.
⭐ MyForexFunds (closed) ★★★
⚠️ Closed in 2023 following CFTC/OSC action. Listed for reference — do not sign up. Use TFT, FTMO, or FundedNext instead.
Avoid: Active enforcement actions; not accepting new traders.
⚖️ Challenge Phases & Drawdown Rules
1-Step (Fastest path)
Phase 1 target
8%
Daily DD
Balance-based
Min days
None
Time limit
None
Best for: Confident traders ready to qualify quickly. $100K = $489.
2-Step (Classic structure)
Phase 1
8% target
Phase 2
Lower target
Daily DD
Balance-based
Min days
None
Best for: Traditional FTMO-style traders. $100K = $578.
3-Step (Most flexible)
Phases
3 stages
Targets
Lower per phase
Daily DD
Balance-based
Time limit
None
Best for: Conservative traders who want spread-out targets. $100K = $519.
📊 Account Sizes & Pricing
💼 $10K-$50K Starter Accounts
Entry-level accounts for new prop-firm traders.
Profit split
Up to 90%
Phase 1 target
8%
Best for: Traders testing the TFT model with low capital risk.
💼 $100K-$200K Standard
The most popular tier — balances cost-to-payout efficiency.
$100K 1-Step
$489
$100K 3-Step
$519
Math vs FTMO: $489 ÷ $100K = $4.89 per $1K funded — ~9% cheaper than FTMO 2-Step.
💼 $300K-$400K Pro Tier
Top-end challenge sizes for scaled traders.
$300K (homepage)
$519+
$400K (homepage)
$578+
Cap: $600K maximum active funded volume per trader, $1.2M max challenge volume.
💵 Profit Split, Payouts & Add-ons
💵 Profit Split & Payouts
Standard split
80% / 20%
Max with add-on
90% / 10%
First payout
After Funded Phase
KYC required
Yes (≤5 min)
Payout cadence: TFT does not publish a fixed payout schedule on the homepage — cadence is set in the Knowledge Center per program.
🎁 Add-ons & Customization
TFT’s pricing widget lets you stack multiple add-ons per challenge:
- Profit split upgrade to 90/10
- Higher leverage tiers
- EA / news trading flexibility
- Reduced phase 1 target options
Tip: Add-ons stack on the base price — budget your real all-in cost before checkout.
💸 Payment & Refund
Multiple payment options including card and crypto. Crypto via ERC-20 only — other networks not supported.
Access speed: Trading credentials delivered within 5 minutes of card payment, or after blockchain confirmation for crypto.
Refunds vary by program — check the specific program’s T&Cs in the Knowledge Center before purchase.
🚫 Restricted Countries
🚫 Where TFT Does Not Accept Traders
Quoted from TFT’s own FAQ: “We currently do not offer our evaluation services to traders residing in the following countries.”
🇨🇺 Cuba🇮🇷 Iran🇰🇵 North Korea🇸🇾 Syria🇷🇺 Russia🇺🇦 Ukraine (Crimea, Donetsk, Luhansk regions)
Age requirement: 18+ for all programs.
🎥 Video Guides & Reviews
🎥 Watch Before You Buy
