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Funded Engineer test
Who are Funded Engineer?
The Funded Trader is a proprietary firm incorporated on the 12th of May, 2021. They have an office based in the US while offering their traders a chance to work with capital up to $1,500,000 in balance and with up to 90% profit splits. They are partnered with Eightcap and Purple Trading Seychelles as their brokers.
Their headquarters are located at 14001 W HWY 29, Suite 102, Liberty Hill, TX 78642.
Overview
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MT4, MT5
Bitcoin, Visa
Bank Transfer, Bitcoin
$50,000, $100,000, $200,000, $400,000
Commodities, Crypto, Forex, Indices
Eightcap, Purple Trading Seychelles
1:2, 1:20, 1:40, 1:100, 1:200
$1,500,000
Pros and Cons
Pros
Cons
Challenges Introduction
The Funded Trader offers its traders three different programs to choose from:
- Standard challenge accounts
- Standard regular challenge accounts
- Standard swing challenge accounts
- Rapid challenge accounts
- Rapid regular challenge accounts
- Rapid swing challenge accounts
- Royal challenge accounts
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Customer Reviews on Trust Pilot
I have been with TFT for a few months now and i am really impressed with this company. Several challenges with different targets, Great support, good dashboard getting all you need on a single page and the most important, the withdrawal process, fast, you get updates until paymeng and you have several options where to send your money!!
Responding via email is fast, but replying through support still needs to be fixed because of the delay, but I would like to encourage you to work better and wish this platform to be a stable and honest platform for professionals. keep trading
The support is efficient, the dashboard is amazing, it is designed for real traders and gives traders the best possible chance of keeping their accounts with the rules in place, which helps keeps your mindset with risk management in check. Overall if you take your time and can trade you will make it with TFT. I have tried the others and was not impressed with their dashboard, or their weird account suspension rules. So that's why TFT will always be my first choice. Keep up the good work.
What's great about TFT is that they give you room to make mistake by giving us the best drawdown there is. This tells me they want us to succeed and not trying to make money from having us resetting often because of extremely tight drawdown with unreasonable trailing drawdowns on live open trades high.
Trading Instruments
Forex
Commodities
Indices
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Crypto
Disclosure:
The trading instruments displayed above are examples of what this prop firm offers, and not all instruments may be shown or the correct brokers may be listed.
Trading Fees
Forex
Commodities
Indices
Crypto
What makes The Funded Trader different from other prop firms?
The Funded Trader distinguishes itself from many other prop firms by not restricting trading styles. This allows traders to trade during news, hold positions overnight, and trade on weekends. The standard challenge program at The Funded Trader is a two-phase evaluation process with profit targets of 10% in phase one and 5% in phase two, along with daily loss and lot size limits. Traders must trade for a minimum of three days in each phase to be eligible for funding. This program also has a scaling plan, making it competitive with other industry-leading prop firms in terms of profit targets and minimum trading requirements.
Payment proof
The Funded Trader was incorporated on the 12th of May, 2021. After getting funded, traders are eligible for bi-weekly payouts with no minimum profit targets.
Which brokers do The Funded Trader use?
The Funded Trader partners with Eightcap and Purple Trading Seychelles as their brokers. Eightcap is a Melbourne, Australia-based broker regulated by ASIC. Founded in 2009, they aim to provide exceptional financial services to their clients. They have five offices worldwide and regulations in various locations, enabling clients to trade a variety of markets including FX, indices, commodities, and shares.
Support
If you need more information, The Funded Trader has a FAQ page that may provide the answers you seek. Additionally, their support team can be reached through social media or via email at support@thefundedtraderprogram.com. They also offer live chat support, where you can message them and receive a reply via email. You can also visit their Discord channel, which has various channels where the support team and community can provide assistance with technical issues.
Conclusion
In summary, The Funded Trader is a reputable proprietary trading firm that offers traders the option to participate in three funding programs: Standard, Rapid, and Royal. Standard and Rapid challenge programs are industry-standard two-phase evaluations that require traders to reach profit targets before being eligible for funding and profit splits. Royal challenge programs also have two phases and profit targets, with slightly different daily loss limits. All programs offer up to 90% profit splits and allow for account scaling. I recommend The Funded Trader to anyone seeking a prop firm with clear rules and competitive conditions.
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