Best funded forex trader programs
Now, what separates topstepfx from topsteptrader?
- Get evaluated
- Get funded
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The best funded trader program of 2021
Funded trading accounts offer the best of both worlds. You can make money doing something you love, while at the same time not risking any of your capital. A funded trader program is especially appropriate for beginners. But what is the best funded trader program? Let's go through the list of all providers, their pros and cons.
Transparency: we may get compensated when you click on links in this article.
Best funded trader programs
- Best for trading futures: topsteptrader
- Best for trading forex: topstepfx
- Best newcomer: earn2trade
What makes a good funded trader program?
Good funded trader programs help you to get started by offering education, webinars, and support. At the same time, excellent institutional-grade trading platforms and trustworthy funded trading account partners are important.
Are funded trader accounts worth it?
The main benefit of funded trader accounts is the limited risk factor. There is a small monthly fee for real-time data and the platform. In return, you gain access to a funded account once you proved that you have the right skills needed to be successful. Once you got funded, you keep up to 80% of the profit and request a payout to your checking account.
7 best funded trader programs
1. Topsteptrader
As an industry leader and one of the fastest-growing companies in the united states, topsteptrader has the brand-power and reputation that traders trust. To participate in its funded account program, you first need to complete the trading combine. Here, you enter a real-time simulated futures account with $30,000 to $150,000 of paper currency to test if you're ready for the real thing.
- You can apply the software, make profits and control against large drawdowns
- You show consistent profitability and manage risk in the process
- Complete steps 1 and 2 in at least 15 days
Other requirements include:
- You meet your accounts profit targets
- You only trade permitted products during permitted times
- You do not hit or exceed the daily loss limit
- You do not hold positions into major economic releases
- You follow topsteptraders scaling plan
So let's assume you have what it takes. Once you complete the trading combine, you enter the funded trader program. Here, the topsteptrader team allocates capital to your account and lets you trade in real-time with zero personal risks.
So what happens when you start trading?
- You keep your first $5,000 in profits and 80% thereafter
- You can expand your asset-base to include trading EUREX products
- You can withdraw your profits at any time, and there is no wire fee for withdrawals over $500
- Your trades have zero commissions and zero clearing fees using tstrader.
Topsteptrader discloses the official company name and address on their website: topsteptrader, LLC, 130 south jefferson suite 200, chicago, illinois 60661.
We recommend starting with the free trial topsteptrader provides.
Limited time offer
- Topsteptrader 20% discount (automatic discount on all account sizes - ignore the popups on their site, my automatic discount is higher)
For a detailed look at the entire service, check out our complete topsteptrader review.
2. Topstepfx
Currency specialists rejoice, this one's for you. As the currency wing of topsteptrader above, topstepfx funded accounts have the same eligibility requirements. First, you need to complete the trading combine and demonstrate you can apply toptrader's software, implement a winning strategy and manage risk at the same time.
It's a necessary step to ensure that toptrader's capital is safe in your hands. Once you start trading, you keep your first $5,000 in profits and take home 80% of your winnings thereafter. You can also withdraw your profits at any time, and there is no wire fee for withdrawals over $500
Now, what separates topstepfx from topsteptrader?
Well, topstepfx funded account balances include buying power of up to $500,000.
And how is this done? In a word - leverage. Currency positions have leverage ratios as high as 100:1. Compared to topsteptrader, the excess leverage with topstepfx is extremely risky. However, as we mentioned, it's not your money.
With topstepfx financing the positions, you can always trade risk-free without worrying about reprisal. Keep in mind, you do need to prove your skills first. If you're a profitable currency trader that lacks the capital to make major moves, a topstepfx funded trader program may be just what you're looking for.
Topstepfx belongs to topsteptrader, and their company name, address and phone are visible on the website: topsteptrader, LLC 130 south jefferson suite 200 chicago, illinois 60661.
Limited time offer
- Topstepfx 20% discount (automatic discount on all account sizes - ignore the popups on their site, my automatic discount is higher)
For a top-to-bottom rundown of all the service has to offer, see our topstepfx review.
3. Earn2trade
Earn2trade offers two different funded trading programs. The gauntlet program and the gauntlet mini program.
The regular gauntlet program is focused on trading the futures market, where you manage a $25,000 virtual account for 60 days. During this time, you have to trade at least 30 calendar days and once per week. Your target is to reach the 10% profit target and never hit the 10% maximum drawdown.
Successful candidates receive a guaranteed funding offer from their partner helios trading partners.
The new gauntlet mini is a program similar to topsteptrader and oneup trader. You pay a monthly fee, and you have to trade according to the rules. Trading lessons, webinars, and access to journalytix (TM) are included in the monthly price.
After completion, you receive an offer for a funded trading account. Both programs come with an 80%/20% profit split, where you keep the 80%.
The company behind is earn2trade LLC, with a registered office in 30 N gould st. STE 4000, sheridan, WY 82801.
Limited time offer
You find all details and a platform walk-through in the comprehensive earn2trade review.
Let's get it straight, the list of the best funded trader programs already ends after the top 3. Topsteptrader, topstepfx and earn2trade programs begin at about $100 per month. All of the following funded trading account providers offer educational packages along with a potential option to let you trade a funded account at some given time.
Those vendors ask you to pay prices from $2,000 all the way up over $15,000, and some of them do not reveal their company address.
If you are looking for a funded trader account with an excellent price-performance ratio, you may focus on the top 3:
- Topsteptrader (futures trading) topsteptrader free trial or 20% off (automatic discount at the checkout - ignore the popups on their site, my automatic discount is higher)
- Topstepfx (forex trading) topstepfx 20% discount (automatic discount at the checkout - ignore the popups on their site, my automatic discount is higher)
- Earn2trade (futures trading) earn2trade 20% discount (discout applied automatically).
4. Oneup trader
Whether if you just starting out or a seasoned professional, onup trader offers a platform where you can showcase your skills and make some money along the way.
There are two steps to get started:
- Get evaluated
- Get funded
The evaluation process begins with oneup's trading evaluation program. The team puts you through a real-time day trading simulator where you can trade, track, measure and showcase your abilities.
Once you pass the evaluation, you get introduced to oneup's funding partners. Once you start trading, the first $8,000 in profits are yours to keep, and after that, you take home 80% of all winnings.
What are some other benefits?
- Choose funding options from $25,000 up to $250,000
- Simplified funding goals with no hidden fees or fine print
- Trade from home, your favorite coffee shop or wherever you want
- Advanced analytics and data that help you become more successful
- Discuss, collaborate and share ideas with one-up trader's community members
- Full transparency and disclosure regarding all services and requirements
Unfortunately, oneup trader does not disclose any information about the company and their address and contact data on the website. Also, there is no information available on what company will fund your account and how many traders got funded so far.
The oneup trader review covers every detail about the funded accounts, but again, the missing information about the company details and ways to contact them should let you become more cautious.
5. Maverick trading
As one of the top prop trading firms out there, maverick trading offers the opportunity to learn from its experts and - if you have what it takes - join the firm as a full-time trader.
Specializing in equities, options and forex, the team offers support, technology and training that help you every step of the way.
So how do you get funded?
- Submit your application
- Improve your skills using maverick's trading simulators, tests and strategy courses
- Prove your skills by showing you can implement the trading plan, manage risk and produce profits
- Receive a funded account where you keep 70-80% of your profits and get paid every month.
Through its dedicated team, maverick trading promotes diversity, respect and transparency.
Before officially joining the firm, the team will outline all expectations as well as discuss the inherent risks of day trading.
Compared to the top three above, the pricing is significantly higher since they include more extensive education in their program costs. You need about $6,000 to get started and you need to put $5,000 of your own funds at risk once you get funded.
For more information on what all that means, see the maverick trading review.
6. Try day trading
Trydaytrading can cost you more than $15,000! When you first begin the try day trading funded trader program, the team starts by outlining the two most important ways to reduce risk:
- They assign a professional trading coach that teaches you how to trade
- They provide access to try day trading's proprietary leading indicator software
They also offer a 30-day trial. Anyway, the 30-day trial costs you more than $400. A bit hefty for a trial period! And more than $15,000 for their main service seems to be too expensive. Remember, for that money, you could use topsteptrader's trading combine about 150 times!
There is no company name mentioned on their website, only the address in utah. The google reviews seem to be good at first, but clicking on the details you notice that a curious pattern.
The detailed try day trading review covers all of the bells and whistles.
7. Tradenet
Tradenet is not available to residents in the united states. With four pricing options, you can decide which tradenet funded trader program is right for you. Led by meir barak, the site states that it has educated over 30,000 students worldwide on how to become better traders.
All of the funded account programs come with a 14-day money-back guarantee. That way, you can test out the service risk-free before deciding if you want to continue on. The costs are relatively high compared to the competitors mentioned in this best funded trader program comparison.
Please, also keep in mind that tradenet does not offer those funded accounts themself. Instead, they connect you with investment firms once you purchased one of their educational packages.
I found various addresses; one is limassol cyprus, one in israel and the united kingdom.
If you're interested in learning more about tradenet's funded trader programs as well as its education courses and live trading chat room, check out our tradenet review.
Funded trader program summary
There's no doubt funded trader programs have plenty of benefits. Many providers offer exceptional service and can be a great addition to your trading toolkit. Whether it's access to advanced software or the idea of using someone else's money to trade - funded accounts offer a risk-free way to compete against the best.
More importantly, the knowledge you obtain is invaluable. Considering their own money is at stake, providers will do everything in their power to ensure you succeed. They don't want you draining their bankroll, right?
So what this means for you is:
- Greater guidance,
- Mentorship and
- Coaching compared to other services.
As well, when competing in the arena, you're surrounded by other advanced traders. This will help you increase your skill-set and have you climbing up the ladder in no time.
When deciding between the options above, you really can't go wrong with most of them.
Topsteptrader is the market leader and receives our highest rating, followed by topstepfx, and earn2trade.
I am a bit undecided about maverick trading, tradenet, oneup trader and try day trading. The reason is that for some you have to pay between 2,000 and $16,000 to join their programs, some do not disclose any contact and company details.
Their prices are higher because they included extensive trading education courses in their funded trader programs. So it depends on you what you want to trade and what your focus is. If you are looking purely for a funded trader account, then topsteptrader and earn2trade are the best choices.
If you are looking for excellent education, then I recommend you to read my comprehensive best trading courses blog post. And if you really consider joining the expensive funded trader programs, then make sure to read the detailed reviews first.
Top 4 best funded trader programs
Imagine if you could get a trading account full of cash and all you have to do is trade with that cash and take the profits? It gets even better, you’re given mentorship and full trading support.
How cool is that?
That’s the power of funded trader programs. They’re rare-to-find but once you come across them, you have a great opportunity to turn around your business.
And today, we’d like to talk about some of the best ones we could find out there. But first, here are some of the quick benefits associated with taking this approach.
- You don’t risk your own cash when trading
- A great opportunity to gain skills from mentors
- Access to institutional-grade software
Now that you have an idea what this entails, why don’t we provide you with a few more details and suggestions? Read on.
Top fully funded trading account opportunities
1. Earn 2 trade
These guys will provide you with a 25K account for $150 a month (for a gauntless mini account). In fact, you can get up to 150K if you go for the $350 a month option.
If you’re still building your confidence as a trader, you might want to settle for the $150 option. Once you get this, trade strictly according to the mentorship provided to you and aim for $1750 and above within the first month.
That way, you’ll easily be able to upgrade your account to the $350 per month option without necessarily having to dig deeper into your pockets.
One more thing, if you achieve this feat, you’ll be given access proprietary trading partner account. At this point, you’ll enjoy access to:
- Beginner crash course which would otherwise cost $249
- Access to trading simulator
- Journalytix access
In general, we’d choose earn 2 trade over any other program out there thanks to its key features some of which include:
Friendly user-interface
The program’s dashboard is quite straightforward and easy to use. You can access all the important sections with just one click. If lost, you simply need to tap on the help button and someone will be there to assist you.
You also get all the necessary charting tools you need. For instance, you get the freedom to choose between different chart types. You also get to choose between different indicators.
And lately, they’ve updated their charts such that you can get quick highlights about important dates e.G. US election, brexit, etc.
We believe this is a really important feature as it keeps you aware of news events and the likely market reaction.
Journalytix tool
We really love this feature as it makes it easy to keep track of performance and also monitor the strategy that works best for you. And on top of that, you can easily export this data to an MS excel file for further analysis.
- Affordable tiers to choose from
- Good variety of tools
- Awesome customer support
2. Topstep trader
Also known as TST, this program has been around since 2012. In fact, the company behind it was in 2017 ranked among america’s top 5,000 fastest growing companies by INC500. They ranked #1419.
The concept behind TST is pretty simple. Qualifying traders take advantage of the available capital to trade futures. Plus, they get to keep $5,000 in profits from the first month. They also get to keep 80% of the profits earned for the months that follow.
Being one of the best programs out there, you’d expect them to charge a premium for their services. Interestingly, they don’t do that. In fact, their cheapest tier goes for $150 per month which is well within the industry’s average.
If you sign up for an account with them today, they’ll provide you with a 14-day free trial complete with $150,000 capital (you won’t need to submit your credit card details for this).
The 14-day free trial period is a great opportunity for you to test drive the system without having to commit your hard-earned cash.
Some of the key features that serve as top highlights of this program to us include:
Ease of use
The program is quite easy to use. In fact, you only need to complete 2 steps to become a fully-fledged trader. What’s more? They don’t pressure you at all. They give you all the time you need to reach your goals.
On top of that, once you become a fully-fledged trader, you can always re-write the rules of your account. You’ll, however, need to part with $99 for that.
Friendly pricing
In addition to the free-trial package that we’ve already talked about, this company provides you with 4 subscription options. You can opt for the cheapest one available at $150. What’s more? You can always get a discount for that if you look around.
Their priciest tier costs $300 per month and provides you with access to $150K capital with a weekly loss limit for $3,000.
Free education
Learning is a key part of succeeding as a trader. That said, the awesome guys at TST provide free education and performance coaching. This comprises daily live trading classes along with the advantage of watching the pros trade live.
And in case you’re looking for one-on-one mentorship, there’s always a coach on stand-by, in real-time to ensure that you make the most of every opportunity.
- Great customer support
- 14-day free trial
- Free, real-time coaching
- Traded products are high-risk ones
3. Oneup trader
With a decade of experience, oneup trader stands out as one of the most reliable platforms to get a funded account. Indeed, one of the unique things about this program is that they promote independence by encouraging the use of different schools of thought in decision-making.
Another unique aspect of this platform is that the guys behind it place a lot of trust in their traders. Unlike other programs that require you to meet some unrealistic trading goals, this one provides a softer learning curve.
When you join oneup, you’ll feel as if you’ve become part of a big family. And that, in our view, is quite important when you need to build your confidence.
What’s more, you get the freedom to choose how to share your profit. For instance, you can choose between a 50-50 profit-sharing method and an 80-20 one.
And the best part is that their tiers are quite cheap especially if you opt for the 50-50 arrangement. You’d get a 25K account at $95 per month if you select the 50% profit split arrangement.
Conversely, if you opt for the 80% option, you’d need to part with $125 per month for a 25K account.
Other awesome features that make oneup worth being a part of include:
Choose your own software
As we’ve already mentioned, this is one of the few platforms out there that encourage their traders to be as independent as possible. You won’t have to be limited to oneup’s patented software! You’ll get the freedom to choose a software program that works best for you.
That said, the platform strongly recommends ninjatrader as its go-to platform. But even then, you still can choose from more than 19 other alternatives provided.
Social dashboard
Yet another major highlight of this system is that it provides you with a platform on which to share and collaborate. This comes in the form of a social dashboard that enables you to easily post your experiences and progress in the community.
This way, you can receive feedback or even accolades from other likeminded traders.
Extra bonuses
If you follow all the rules and succeed, the awesome guys will provide you with extra goodies. For instance, you’ll get a quick start bonus by keeping 100% of the first $5,000 you make on the platforms (for the 50-50 arrangement).
You’ll also get to keep 100% of your first 8K earnings when you opt for the 80% profit-sharing arrangement.
- Great user-experience
- Friendly priced tiers
- Lots of bonuses
- 14-day free trial
- No stats on the number of funded traders so far
- Too much freedom might leave one susceptible to rookie mistakes
4. Try day trading
At last! A program that solely focuses on forex trading. Most of the funded programs we’ve come across so far focus on equities and so you’d not make much out of them if you’re a dedicated FX trader.
Besides that, try day trading is different from everyone else in that they don’t just allocate cash to you. Once you’re on board, they’ll take you through a 12-week free course.
This course is to ensure you’re all set for success once you start trading with real cash. To us, this is an important factor of success as it also helps you familiarize yourself with the company’s trading culture.
Try day trading has been around since 2008 and all along, they have continued to evolve. In fact, in 2016, they introduced a plan called the “trader executive” program which comprises of one-on-one training at the company’s offices in lehi, utah.
Other notable features of this funded program include:
Easy to join
You only need to complete three steps to join this family. The first step is all about completing a mandatory training session on day trading. The second one is all about one-on-one coaching which as we’ve mentioned happens in their utah office.
Upon graduation, the company will provide you with a fully funded trading account. It’s that simple.
Quality training
This is the main highlight of the program. Indeed, the good guys from utah seem to focus a lot on making you a great trader first instead of just allocating you the money and leaving you to figure out everything else on your own.
You know, forex trading is just like athletics. Ever heard the story of usain bolt who after changing coaches went from zero to hero? That’s precisely the philosophy behind trydaytrading.
Positive testimonials
The guys behind this brand seem to have quite some experience in trading and training. We have come across quite a few positive reviews about them.
As we lined out, this is a company that places a premium on training. And indeed, no two forex coaches are exactly alike.
- Straightforward user-interface
- Quality forex trading training
- Awesome customer support
- Pricey subscription cost
- Products could have been better explained
Final thoughts
As you can see, the free money provided in different funded programs isn’t really free. There always some strings attached. It’s, therefore, upon you to find the platform with the most favorable terms for you.
Hopefully, the reviews provided above will provide you with the inspiration you need to make that choice.
Blake is a self-made online day trader with a knack for adventure. On his free time, he loves reading and learning new methods in the trading as well as improving his jiu-jitsu skills. He currently resides in new york city.
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I’m raffaele, nice to meet you
I am a funded trader of future contracts and will support you in finding your freedom too.
My story
At 25 I worked as chief entertainer in mallorca and lanzarote, then a video maker and audio-visual technician in london for 10+ years, before getting bitten by the start-up bug.
My proudest achievement
I co-founded gooder.London: first 100% carbon neutral chauffeur agency in london UK, driving purely tesla model S.
Trader
While my co-founder keeps running successfully this agency as ev-exec-chauffeurs I have relocated to italy to be a full time funded trader.
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I am also a cryptocurrency investor and trader, but that’s a story for another time…
Find your freedom!
Never risk your savings! Learn to trade and earn the capital for your own account. Are you ready?
All you need to know about the funders and their funding programs in under 5'
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In this trading environment where it is so easy to lose yourself and make mistakes, it is appreciated to find pages like these that shed light in an honest way. Thanks to funded trader I have been able to discover what options exist, assessing which one is the best that suits my needs. The work behind this page is immense and that translates into the quality of its contents. It is a fundamental part of my trading toolbox. I have to admit that every time I receive an email from raffa I am all ears! You never know what opportunity you may be missing!
Nacho (canary islands, spain)
“I found funded-trader.Com on the web some months ago while searching for prop firms because I think that’s the best way to approach this
business. I got in contact with raffa some time later and I found an honest and proactive person. He’s not trying to sell you anything and you can
feel that whatever he did was just in order to help himself first and other traders later.
I’m looking forward to keep in touch with him and his team because you can never settle in this game.
Just one piece of advice for everyone. It is not one size fits all. This is NOT the answer to all your problems as a trader, but that’s a good starting point. I would’ve saved much time knowing raffa’s work before.
Collect all information before acting and above all KNOW YOURSELF, otherwise even this resource will be pointless”
Alessandro
Ciao, mi chiamo glauco e devo affermare che questo sito ha avuto un ruolo fondamentale per quanto riguarda il mondo dei finanziatori sulla mia carriera di trader.
Glauco giovinazzi, trader forex, indici e materie prime
I came to the website in need of some guidance and more information about funded trading programs. A month later I’m almost funded through one of the programs recommended. They are VERY quick to respond to concerns and always willing to help! Thanks again!
Best funded forex trader programs
We offer you training so as to make you a professional trader
Come with your brain we come with the capital and let both parties enjoy the profits
ABOUT US
We are willing to fund the best traders in the world. The 51 capital funds is meant to empower brainy people who may not have capital to start trading. 51 capital was established by two leading forex traders in africa namely joe kariuki and peter gicheru.
WE ARE NOT A FOREX BROKER
51 capital are not forex brokers, we a trading fund and we provide funds to those with exceptional trading skills. We are here to provide a risk free trading environment,
WHY US
Get life time knowledge
We shall empower you with knowledge that will change your life. Whether you are employed or unemployed this is a source of income that will improve your life.
Risk free business
You are not required to provide any capital to start your business. This is a business that will only require your expertise
Great support team
Getting in touch with us is easy. Our professionals customer care team is always there to help you.
TRADE RISK FREE, EARN MASSIVE CASH
51capitalforex.Com fund empowers you the trader to earn money online with ease. We don’t have to restrict regulations and our classes are open to all. Enroll today and enjoy trading with 51 capital.
About us
We are willing to fund the best traders in the world. The 51 capital funds is meant to empower brainy people who may not have capital to start trading. 51 capital are not forex brokers, we a trading fund and we provide funds to those with exceptional trading skills. We are here to provide a risk free trading environment,
Quick links
Contact info
Western heights, 8th fl
P.O box 24578 – 00100
nairobi, kenya
Daima towers, uganda road
9th floor eldoret, kenya.
Forex traders funding – do you have the right funded account ?
FREE trading course - download this free course right now.
Inside this course you will learn the 8 step method we use to establish order entry from any time frame.
How do you know ? Compare! And if you are in the wrong one… switch!
- We don’t limit you to day trading…..You can hold swing and long term trades with us, as long as you want.
- We don’t limit your account size. That’s the key to your potential and future earnings. No account size limits with us and consequently no ceiling on your earnings.
- No monthly recurring fees with us. Many charge near $100/month for your funded account….Over 10 years, that’s $12,000 for an account with limits. Our fee is 1/7th of that with no limits.
- Many force you into time consuming and expensive training or have you put up matching funds. Not us. Your account is funded day 1.
- We give you institutional spreads and margins. A real bonus.
- Plus you get 24/7 support and access to our virtual trading room where you can interact with top fx pros while they trade.
Visit us at www.Globalfxtradinggroup.Com click on trader funding.
If you can trade fx, we’ll fund you…no limits. We share profits with you and you are not responsible for losses. Talk to us….We’re the global leader in services to the fx industry including funding, education, world class automation tools, virtual trading rooms, and personal coaching…..Offices in chicago and london.
To learn more about our funding programs: https://lnkd.In/ghn7qzs jeff wecker former member CBOT CEO fx global trading group offices in chicago and london….Www.Globalfxtradinggroup.Com
Our goal has been to take the success we’ve had, and through the transfer of knowledge, help other traders survive and prosper in the years ahead.
PS…reminder: fx pros say you need at least $100,000 in your account to consistently make $10,000/month and reduce the risk of blowing out.
Jeff wecker CEO global fx former member CBOT
#theforexarmy #forexsigns #forexsignals #forexfamily #forexgroup #forexhelp #forexcourse #forextrade #forexdaily #forexmoney #forexentourage #forextrading #forex #forexhelptrading #forexscalping #babypips #forexfactory #forexlife #forextrader #financialfreedom #daytrader #scalper #swingtrader #fx #currency
Professional trader, forex and CFD, currency trading. Ace level 5 declared april 2013. Trading consultants inc. A USA corporation domiciled in wyoming since april 2012.
The 5%ers funding programs
Select the funded trading account that best suits you
RISK MANAGER PROGRAMS
The risk manager program is made for the well-disciplined traders; this is an ideal option for traders who prefer a relaxed challenge. For those traders, we provide quicker targets for extraordinary hyper-growth pace. This program requires your funded forex account to sustain approximately a 6% gain in net profit, with an allowance of a 4% maximum loss, mandatory stop loss, and the use of low leverage as high as 6:1. The growth rate is set to double the account at 10% net gain.
AGRESSIVE TRADER PROGRAM
The aggressive program is for the freestyle traders. We have unleashes all rules for freestyle trades. We provide high leverage trading, as high as 30:1 and no mandatory stop loss. Given the absolute trading flexibility, the trader is required to accomplish a 12% net profit for level 1 funded account, and for higher levels of the program 25% net profit for doubling the account.
Choose your funded account model
Profit target is determined by the profit goal for the current stage, from which the5ers will increase your trading capital responsibility.
Profit is the sum of all realized and unrealized positions including commission and swap charges. Once the target is hit, the trader is requested to close all running trades, and report the achievement to the fund.
It is only for the first stage of the program, the profit target is lower, 6% for the low-risk plans, and 12% for the aggressive programs. With all the rest of the stages, the profit target is 10% for the low risk, and 25% for the aggressive programs.
The equity stopout level is the lowest value of the account allowed. Once the account equity value is below this level, the fund will close all running trades, and disable trading and access.
The stopout level is a fixed value of loss allowance measured from the starting balance account of each level. As much the trader profit in the account, so his/hers loss allowance increases. Example: the starting balance is $10,000, the account is with $200 profit, the equity stopout level is $9,600; this gives the trader $600 loss allowance, if the profit increases to $500, the loss allowance is now $900.
The leverage applied for the trading account. The trader is allowed to utilize the full leverage applied for the account with no further enforcement.
Aggressive programs are set to 1:30 leverage, powers by 30 times the market buying allowance. Low risk programs are set at 1:6 leverage, powers by 6 times the market buying required.
Setting a stoploss for every trade is required when participating in the low risk programs. Only in the low risk plans, each and every position must consist of a proper stoploss at value not greater of 1.5%. The fund risk monitor, allows up to 2 whole minutes for placing a proper stoploss.
Failing to maintain stoploss discipline will result by switching the program to aggressive mode.
The maximum time required to complete the profit target for the first level of the program. To be clear, the maximum expiry time is applied ONLY for the very FIRST stage of the program. In all other progressed levels, there will be NO expiration time limit for active traders.
The maximum number of calendar days is set for 180 for the low risk plans, and 60 calendar days for the aggressive plans.
Once hitting the profit target alone with the rest of the qualification objectives, the5ers will increase your capital responsibility, with all the objectives increased proportionally.
At the first stage accomplishment, you will be receiving 4 times greater from initial capital of your first account. For every other steps (but the first one) the growth upscaling is twice of the last initial capital.
The deal with the5ers is that you bring the trading and we bring all the trading capital, we take the full risk for trading loss - but the profits will be shared with you. We will pay you a commission of 50% of the trading profits.
Payout is issued every month starting the second level of the program. Only at the first stage payout is paid once the stage is fully completed.
Good to know, receiving payouts is never being deducted from your forward progression toward the next milestone. With the5ers you get both the growth and the payouts. No need to decide.
A thought about percentage. Some may say a better percentage offer could be found elsewhere. We say, don’t judge by the percentage - judge by the potential money you actually receive. With our fast growth plan, you are increasing your actual money profit potential much faster than anywhere else.
The5ers guarantees maximum trading capital in funding, which is currently a 1.28 million dollars real funded account.
1.28 million is a big account to manage, however, this is not our final offer for you. Once you accomplish your goal on the 1.28 M account, we will discuss with you further growth and targets.
By signing up for the5ers programs you receive an instant funded account right away, with trading access to the fund’s pool account. We give a fair opportunity for every trader to present his/her trading skills on a real-capital-funded account. We take full responsibility to handle potential trading losses, which should be secured by a one-time participation fee.
Your participation fee is not trading securities. We are not a broker, not representing any financial institutes. Your once-off fee is paying you into the most rewarding funding program experience in the industry.
The fee is not refundable once you had made your first action in the funded account. Remember, you are being assigned to a real funded account from the very beginning. Any profits you will be making will be shared with you eventually.
Of course, we provide much more than just funded accounts. Trading with the5ers is a whole trading experience, including funding, accelerated growth with extreme income potential, full dedicated team of professionals ready to cater to your professional and administrative requirements, we provide education, and trading events, a live trading room, and extensive performance statistics dashboard.
Double capital at profit milestone up to 1.28 million guaranteed!
The5ers offer the most extreme and accelerated growth rate. At every milestone you are acquiring, the5ers will double your initial capital handling, also doubling the trading objectives, in terms of maximum loss allowance (aka equity stop out level), leverage, and stoploss (for applicable programs).
Milestones for the low-risk programs are set to 10% net profit, for the aggressive plans, a 25% target is set.
Trader funding
The 5%ers offer one of the most flexible, rewarding, and lucrative forex trader funding programs in the industry with NO evaluation, instant funding, and low-cost, one-time fees, and the freedom to trade as you wish - because you know how you best trade, and you should not be forced to conform, they tailor your progression based on your profile, whether you are a lower risk or more aggressive trader*
The process
- Quick signup with a one-time fee
- Instant funding, NO evaluation
- Opportunity to QUADRUPLE initial funding with target achievement
- Guaranteed monthly payout
- 50/50 profit share agreement from day 1
- Profit payouts DO NOT affect account growth progression, ever.
- Double funding each time your target is achieved
- 10%/25% targets, depending on risk profile
- Guaranteed up to $1.28 million USD
Why trade with the 5%ers?
Always trade with real money
Everything is done with real money - because there is NO demo trading at any point, it means you can begin earning from day one
Zero risk
There is zero risk to you - you bring the talent, they bring the capital, you both share in the success
Low-cost entry
There are no subscription fees or hidden fees of any kind. Just a one-time fee is all it takes to get started
All traders welcome
Easily achieved milestone targets and flexible trading conditions make the 5%ers an excellent choice for all traders
All trading system/styles
No restrictions are placed on strategy or style. Ever. You know how you trade best - why would they try to change that?
24/7 access
The FX trades 24/5, but the 5%ers also allow you to hold over the weekend, not just overnight, giving you 24/7 access
Monthly payouts
Your profit share is paid out to you monthly, guaranteed, with no minimum threshold and account doubling for every target achievement
Ongoing support
The 5%ers provide excellent support through live chats, email, telephone and forms and even have an on-staff trade psychologist
Metatrader4
The 5%ers use metatrader4 (MT4) - the world's most popular trade-execution platform - exclusively, making it convenient for any trader
Browse all available accounts from the 5%ers below.
Use the toggle to switch between their low-risk account parameters and their aggressive-risk account parameters. Remember, you have the freedom and the flexibility to trade as you wish and they simply tailor your parameters to your style – determined through your actual trading performance. Pretty cool.
A low-risk trader is defined as someone who actively employs risk management techniques in their trading, such as use of stop/losses and lower leverage. These traders benefit from lower targets to achieve fund doubling, but of course, are mandated by consistent use of risk management techniques.
Low-risk funded trader account 1 – $24,000 USD | start with $6,000 USD
Low-risk funded trader account 2 – $40,000 USD | start with $10,000 USD
Low-risk funded trader account 3 – $52,000 USD | start with $13,000 USD
Low-risk funded trader account 4 – $80,000 USD | start with $20,000 USD
An aggressive trader is defined as someone who trades freely, someone who doesn't necessarily follow a strict guide of risk management principles. Benefit from the freedom the 5%ers allow, and trade with total autonomy with an aggressive funded trader account
THE PLATINUM FUNDED TRADER PROGRAMME
The platinum trading academy is famous for turning regular everyday traders into profitable professionals. If you have the ambition, discipline, and patience to succeed, then you are the perfect candidate for our platinum funded trader programme!
Exclusive to residents of the UK, USA, europe, and australia
FAST TRACK
YOUR FOREX
With the current economic climate, starting a career trading within a bank or financial institution is incredibly difficult. We are firm believers in the ability of retail traders around the world, and want to do everything we can to support the next generation of trading elites. We believe the future of trading is in you!
WE BELIEVE IN
DETERMINATION
At platinum, we believe in determination. We are searching for ambitious, determined individuals, looking to expand their trading portfolio and enhance their trading skills to the next level.
Why join the platinum trading team?
Trading account, fully funded
Not liable for account losses
Exclusive professional trading system
Apply now and open your new fully-funded account!
Exclusive to residents of the UK, USA, europe, and australia
CEO, platinum trading academy
Trading account, fully funded
Once approved, you’ll receive your fully funded trading account within minutes. From £10,000 to £2,000,000*
Fair profit share
Our partnership is an even 50-50 split, we provide the capital, you provide the trading. Simple.
Exponential growth
Each time you reach your target, we’ll double the size of your trading account on the spot.
Committed partnership. Unparalleled connection. The platinum trading academy is famous for turning regular everyday traders into profitable professionals, we believe ourselves to be the best at what we do. We trade a number of currencies, commodities, indices, and other asset classes on a number of exchanges with our own trading capital. We do not control any client funds. When you join us, it is strictly in a partnership capacity. We do not give out trading advice. Our academy teaches people various trading strategies that we have used successfully over many years so that people may use these trading strategies for themselves. We believe first and foremost in honesty and absolute transparency in the markets.
TESTIMONIALS
Diversification
Traders draw strength from diversity. No matter your history or background, you are welcome in the platinum family. A large variation in experience is proven to enhance performance and results.
Information
Our information is shared, our expert traders are constantly watching the markets for new opportunities to trade, as well as keeping an ear to the ground for the latest market news events.
Longevity
As an organisation, we’re determined to create long-lasting relationships with our traders by ensuring they have the best tools available in the markets to thrive and be successful.
Respect
We treat everyone the way we’d want to be treated, with the utmost kindness and respect. Positivity breeds positivity, which breeds success. Be kind, and the universe will respond in kind.
Campforex.Com
Managed forex accounts $1000 minimum
Funded-trader.Com review: is this funded trader program scam?
Welcome to the funded-trader.Com review. The reason we are analyzing this website is because it is offering a funded trader program for the cost of $150 to $165 per month.
To become a funded trader at funded-trader.Com, you have to pay the monthly subscription and meet certain conditions which include making $200 per day for 15 days.
Funded-trader is an entity owned and operated by michael patak who claims to be a former dow futures floor trader. Mr. Patak has not revealed this information on his linkedin profile(at the time of writing this review) and is therefore very difficult to establish the truth here.
A quick search on the web reveals that mr. Patak is the founder of topsteptrader, a platform that was founded in june 2010 and has been funding forex traders since then. At least this is the claim according to the various profiles that we have looked at.
Additionally, this funded trader program is also running a subsidiary called oneuptrader and several similar operations that center their services around funded trader programs.
At the moment, we only know of 4 entities under the management of mr. Patak . These include funded-trader, oneuptrader (is linked to MES capital since june 2017), topsteptrader (we suspect this is also related to topstepfx) and savius, LLC.
The focus of this review is on funded-trader website as well as the program it is claiming to offer.
Is this the easiest way to make above average income? Not really. But should you join?
Funded-trader review
On the sales page of the site, you will see the announcement that you can get started with trading without risking your capital.
Nothing can be further from the truth. You are not risking indeed. But remember that funded-trader wants you to pay up to $165 per month to demo-trade under their trading combine challenge.
There are 4 different types of challenges with various rules of participation. One radical rule that has been instituted by funded-trader.Com is that if you hit or exceed the daily loss limit which is up to $1,250, your account will be canceled with no chance of ever recovering it.
Remember that if a trader wants to join funded-trader program, they must pay an upfront subscription as stated above. So this simply means that all those newbies who want to try their luck can pay for a demo and then lose their money with no chance of recouping the subscription fees.
You can bet that 90% of those who join funded-trade.Com and similar programs always end up losing. Mr. Michael patak gladly makes an income from theses losses.
Having said that, let’s take a look at each of the challenges offered and what a trader must do in order to earn a fully funded forex trading account.
Funded trader review – account types and features
I don’t understand, but funded trader is promoting 3 different types of trading accounts with unique challenges… all accounts representing the different subsidiary of the brand.
These include oneuptrader, savius and topsteptrader. Details of the plans are are follows:
Account features | oneuptrader | savius | topsteptrader |
---|---|---|---|
amount | funded with $50k | funded with $15K | funded with $50K |
number of days required | 15 days of trading to qualify | 10 days of trading | 5 days of trading |
asset | mostly future contacts | mostly future contacts | mostly future contracts |
daily loss limit | $1250 | $750 | $1000 |
profit target | $3,000 | $1,500 | $3,000 |
profit share | 80% | 70% | 80% |
first withdrawal | first $8,000 is free | N/A | first $5,000 is free |
trading strategies | not provided | trading signals, coaching and proprietary indicators | not provided |
broker fees | $3 per contract | $2.50 per contract | $3 per contract |
platform fees | depends on the platform | is deducted from a/c balance | tstrader is free, others are charged |
CME data fees | free | deducted from account balance | $80 for each of these COMEX,NYMEX,CBOT |
In the second phase of the trading combine, rules change slightly. To qualify for topsteptrader and savius, a trader must demonstrate their skill for 10 days and 30 days respectively.
If you fail the combine at some point, a reset fee of between $99 and $100 applies but with the exception of savius challenge which has zero combine reset fees.
Is funded-trader.Com program a scam?
Well, funded trader isn’t a scam. But I can tell you for sure that it can feel like a ripoff if you lack sufficient skill to trade the forex market.
I wouldn’t advice anyone to go for this funded trader program if they can’t successfully trade a forex demo account to consistent profits.
Secondly, I do not understand why you should pay a monthly subscription fees to trade on a simulator.
You could as well practice your skill on a free forex demo account and once you have successfully demonstrated some level of competence, you can invest the subscription fees into your starting capital.
The idea is that you could start with the $150 as your live trading balance and build it slowly. If you want trading tips, feel free to browse my lessons on forex trading. For the head-start, just use this post as your reference.
In this blog, there are many articles that talk about how to preserve your capital and optimize your trading experience for success. For additional coaching, please invest in this masterclass because it will change your life and make you trade like a professional soon enough.
As I conclude this funded trader review, I’d like to remind you of the fact that funded-trader wins while you lose.
Unless you are an experienced trader, which I don’t think most readers of this review are, there is generally no need to donate your $150 only to be blocked from the platform a few days after sign up.
You will feel wasted. Again, if you are an experienced trader, I do not see how funded-trader can help you in the long run because you own the skill, and you can start with whatever little you have to build wealth. You are not under anyone’s mercy.
I understand that the advantage of approaching funded-trader is the amount of leverage they could give you.
But also remember that very few people pass the trading combine. If you are among the many traders who fail it, rest assured that you will lose your subscription, and that will be end of the story.
Conclusion of this funded-trader review
I have already given my advice and point of view concerning this trading combine type of operation. The decision is yours to make.
But if you want me to make things easier for you, my advice would be the following:
so, let's see, what was the most valuable thing of this article: looking for the best funded trader program? Well, look no further. We gathered the 7 best options out there and breakdown which ones deserve your attention. At best funded forex trader programs
Contents of the article
- Today forex bonuses
- The best funded trader program of 2021
- Best funded trader programs
- What makes a good funded trader program?
- Are funded trader accounts worth it?
- 7 best funded trader programs
- 1. Topsteptrader
- 2. Topstepfx
- 3. Earn2trade
- 4. Oneup trader
- 5. Maverick trading
- 6. Try day trading
- 7. Tradenet
- Funded trader program summary
- Top 4 best funded trader programs
- Top fully funded trading account opportunities
- YOUR GUIDE TO ALL FUNDING PROGRAMS:
- The majority of traders struggle because they are...
- I’m raffaele, nice to meet you
- My story
- My proudest achievement
- Trader
- Crypto investor
- Find your freedom!
- All you need to know about the funders and their...
- Thank you for your feedback!
- Best funded forex trader programs
- WHY US
- Get life time knowledge
- Risk free business
- Great support team
- TRADE RISK FREE, EARN MASSIVE CASH
- About us
- Quick links
- Contact info
- Forex traders funding – do you have the right...
- FREE trading course - download this free course...
- The 5%ers funding programs
- Choose your funded account model
- Trader funding
- The 5%ers offer one of the most flexible,...
- The process
- Why trade with the 5%ers?
- Always trade with real money
- Zero risk
- Low-cost entry
- All traders welcome
- All trading system/styles
- 24/7 access
- Monthly payouts
- Ongoing support
- Metatrader4
- Browse all available accounts from the 5%ers...
- A low-risk trader is defined as someone who...
- Low-risk funded trader account 1 – $24,000 USD |...
- Low-risk funded trader account 2 – $40,000 USD |...
- Low-risk funded trader account 3 – $52,000 USD |...
- Low-risk funded trader account 4 – $80,000 USD |...
- An aggressive trader is defined as someone who...
- THE PLATINUM FUNDED TRADER PROGRAMME
- YOUR FOREX
- DETERMINATION
- Why join the platinum trading team?
- Trading account, fully funded
- Fair profit share
- Exponential growth
- TESTIMONIALS
- Campforex.Com
- Funded-trader review
- Funded trader review – account types and features
- Is funded-trader.Com program a scam?
- Conclusion of this funded-trader review
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