In this article, we will be making a general and one-step comparison between Funded Trading Plus and The Funded Trader.
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. We will compare the two mentioned proprietary trading firms in general and what they are offering to forex traders worldwide.
Company Details
| Company Details | Funded Trading Plus | The Funded Trader |
| Incorporation date | November 2021 | May 2021 |
| CEO | Simon Massey | Angelo Ciaramello |
| Office Location | London, UK | Liberty 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 Options | Funded Trading Plus | The 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-step evaluation, 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/Objectives | Funded Trading Plus | The Funded Trader |
| Profit Target | 10% | 10% |
| Daily Drawdown | 3% | 3% |
| Overall Drawdown | 6% (Trailing) | 6% (Trailing) |
| Leverage | 1:30 | 1:30 |
| Minimum Trading Days | No limit | No limit |
| Trading Period | No limit | No limit |
| Profit Split | 80% up to 90% | 80% up to 90% |
Now that we have gone covered all the rules and guidelines of the one-step evaluation. Let’s take a closer look at prices.
| Account Size | Funded Trading Plus | The 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 Plus | The Funded Trader | |
| Broker | Eightcap | Eightcap, Purple Trading Seychelles |
| Trading Platform | MetaTrader 4, MetaTrader 5 | MetaTrader 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 instrument | Funded Trading Plus | The 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 Statistics | Funded Trading Plus | The Funded Trader |
| Rating | 4.9/5 | 4.6/5 |
| Number of Reviews | 1,482 | 7,339 |
Funded Trading Plus has a rating of 4.9/5 out of a total of 1,482 reviews, while The Funded Trader has a rating of 4.6/5 out of 7,339 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-step evaluation, 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 7% active discount code: FOREXPROPREVIEWS
The Funded Trader 10% discount code: forexpropreviews
Newsletter
Stay up to date with latest news
