The Funded Trader Reviews
The Funded Trader is closed and not accepting traders. It halted operations in March 2024 with a large volume of denied payouts after its broker withdrew, briefly resurfaced offshore, and is still listed as shut down with payouts unresolved. Its website and challenge checkout both returned HTTP 402 when we checked on 17 September 2026.
This firm has closed
The Funded Trader is not trading. It halted operations in March 2024 with a large volume of denied payouts after its broker withdrew, briefly resurfaced offshore, and is still listed as shut down with payouts unresolved. Its founder announced his exit from prop firms in August 2026. We have removed our link to it. Any page still advertising a 95 per cent split for this firm is out of date.
Up to $600K Funded
1/2/3-Step Programs
$100K from $489
4 Pro Platforms
The Funded Trader at a Glance
Who is The Funded Trader?
What 22,012 Real Traders Say
The Cheapest Path to $100K
| Phase | $100K Price |
|---|---|
| 1-Step | $489 |
| 2-Step | $578 |
| 3-Step | $519 |
Platform Stack (4 Options)
Profit Targets & Rules Snapshot
3 Things Traders Get Wrong
- 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.
Top Alternatives to The Funded Trader
FTMO
FundedNext
The5%ers
Other firms we have reviewed that offer 1-, 2- and 3-step challenges include Maven Trading and Goat Funded Trader.
MyForexFunds (closed)
What are The Funded Trader's challenge phases and drawdown rules?
1-Step (Fastest path)
2-Step (Classic structure)
3-Step (Most flexible)
What account sizes does The Funded Trader offer?
$10K-$50K Starter Accounts
$100K-$200K Standard
$300K-$400K Pro Tier
How do The Funded Trader's profit split and payouts work?
Profit Split & Payouts
Add-ons & Customization
- Profit split upgrade to 90/10
- Higher leverage tiers
- EA / news trading flexibility
- Reduced phase 1 target options
Payment & Refund
Which countries cannot use The Funded Trader?
Where TFT Does Not Accept Traders
Video Guides & Reviews
Watch Before You Buy
The Funded Trader Pros and Cons
Read this as a post-mortem, not a buying guide. The Funded Trader is closed — it halted operations in March 2024 with a large volume of denied payouts after its broker withdrew, briefly resurfaced offshore, and is still listed as shut down with payouts unresolved. Nothing below can be purchased.
What the firm offered while it was trading: three challenge structures — 1-Step, 2-Step and 3-Step — across five programme variants, which was more choice than most of its competitors. It imposed no minimum trading days and no time limit on evaluations. It advertised a profit split of 80/20 as standard and up to 90/10 with a paid add-on, funded accounts scaling to $600,000 per trader against a $1.2M maximum challenge volume, and four platforms (Match-Trader, DXTrade, cTrader and Platform 5). The $100,000 1-Step was listed at $489, and trading credentials were delivered within about five minutes of card payment.
The warning signs that were visible before it closed: a Trustpilot score of 3.0 out of 5 across 22,012 reviews — the lowest of any firm we review — with Trustpilot’s own summary reporting that many reviewers were unhappy with customer service. Slow support response was the most repeated complaint. The firm published no fixed payout cadence, refunds varied by program with no single policy to check, KYC was mandatory before any payout, and crypto payments were ERC-20 only, so funds sent on the wrong network could not be recovered. Its 2-Step challenge cost $578 against $519 for the longer 3-Step, an inversion it never explained. No legal entity or registration number was published for a firm stating a United States headquarters.
What went wrong: operations stopped in March 2024 after the broker behind the firm withdrew, leaving a large volume of denied payouts. A brief offshore relaunch followed. The firm remains listed as shut down with payouts unresolved, and its founder announced his exit from prop firms in August 2026. On 17 September 2026 both the firm’s website and its challenge checkout returned HTTP 402 and served no site.
The takeaway for anyone comparing prop firms now: price, advertised split and flexible rules told you almost nothing about whether this firm would pay. Payout history, the identity of the legal entity, and the stability of the broker and payment relationships behind the firm mattered far more. Evaluations are simulated products and carry no investor-compensation cover. See our prop firm comparison for firms that are still operating.
How Much Does The Funded Trader Cost? Price by Phase
It costs nothing, because you cannot buy one. The Funded Trader stopped selling challenges when it halted operations in March 2024, and its checkout returned HTTP 402 when we checked on 17 September 2026. The prices below are what the firm charged before the shutdown, kept as a record.
On a $100,000 account the 1-Step challenge was listed at $489, the 3-Step at $519 and the 2-Step at $578. That ordering was the oddest number on the firm’s rate card: the longer three-phase evaluation was cheaper than the two-phase one, and the firm never explained why. Starter sizes of $10,000 to $50,000 cost less, and the $300,000 to $400,000 tiers cost more. Add-ons — the upgrade from an 80/20 to a 90/10 profit split, higher leverage tiers, EA and news-trading flexibility, reduced Phase 1 targets — stacked on top of the base fee, and the firm never published a price for them.
Refunds varied by program and there was no single refund policy to check, which matters now: traders who paid for a challenge shortly before the March 2024 shutdown had no published route to a refund. Fees paid to The Funded Trader are not recoverable through any investor-compensation scheme, because prop-firm evaluations are simulated products rather than regulated investments.
The Funded Trader vs FundingPips
Comparing The Funded Trader vs FundingPips shows differences in evaluation style, account flexibility, and funding speed. The Funded Trader reviews emphasize structured challenges and MT4 account access, while FundingPips offers faster account approval. Comparing The Funded Trader vs FundingPips helps traders decide between a disciplined program or quicker access to funded accounts.
Is The Funded Trader legit and worth it?
No — not any more. The Funded Trader is closed and you cannot buy a challenge from it. The firm halted operations in March 2024 with a large volume of denied payouts after its broker withdrew. It briefly resurfaced offshore and is still listed as shut down with payouts unresolved. Its founder announced his exit from prop firms in August 2026. When we checked on 17 September 2026, both thefundedtraderprogram.com and its challenge checkout returned HTTP 402 and served no site.
If you are being offered a The Funded Trader challenge today, do not pay for it. Any site, reseller or social-media account still selling under this brand, or still advertising a 95% profit split for it, is not the firm described on this page. Treat unsolicited offers to “reactivate” or “recover” an old TFT account as a recovery scam.
The rest of this page is a historical record, not a recommendation. While it traded, TFT was a US-based simulated proprietary trading firm running 1-step, 2-step and 3-step evaluations with no minimum trading days and no time limits, profit splits advertised up to 90% with an add-on, and funded volume capped at $600,000 per trader. It advertised a $100K 1-Step at $489 with an 8% Phase 1 target, balance-based drawdown and news trading allowed, across Match-Trader, DXTrade, cTrader and Platform 5. Those terms are kept here because anyone researching what happened to this brand needs them — none of them are purchasable now.
What it was worth watching, in hindsight: the firm held a Trustpilot score of 3.0 out of 5 across 22,012 reviews, with slow customer service the most repeated complaint, and it was always a simulated evaluation business rather than a regulated broker. A competitive price and a generous advertised split did not protect its traders when the broker behind it withdrew. If you are owed a payout, treat it as an unresolved creditor claim rather than a pending withdrawal and keep your own records — prop-firm evaluations are simulated products and carry no investor-compensation cover.
Frequently Asked Questions