The Best Funded Trader Programs of the Year 2022
Funded trading accounts incorporate the best of both worlds. Funded trading accounts might enable you to earn money while doing what you love without bearing any risk. For newbies, a funded trader program is ideal. Let’s look at some of the funded trading programs for Forex and futures and see how they are different and in what ways they can help your career.
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Disclaimer: This article is written for informational purposes only. It is based on our opinion formed through our own experience, research, and testing of our team. While we might get compensated from link clicks that happen on this page, the compensation does not affect how we rate them. The authors of LegitVerified are not certified, financial professionals. You should consult a financial professional before making financial decisions.
Programs for Traders Looking for Funding
- Topstep Futures is the best for trading futures
- Apex Funded Trader program is one of the most affordable programs.
- Topstep Forex is the best for trading Forex
- Earn2Trade is the Best Newcomer
What makes a solid funded trader program?
A good funder program will aid you in getting started. It offers schooling, webinars, support, and assistance. It is essential to have trustworthy trading partners and fantastic, institutional-grade trading platforms. The online reputation of the programs should not be taken lightly. We read the reviews posted by real users of these programs to understand how well they treat their customers fully.
Funded Trader accounts: Are they worth it?
Funded trader accounts include the main advantage of limiting risk. A monthly fee is charged for access to the platform and real-time data. After proving your skills, you will be granted access to a funded account. After you get funded, you can keep 80% of the profits and request a payment to your checking account.
Best Funded Trader Programs
TopstepTrader is a leader in its industry and one of the Inc. 5000 fastest growing companies in the United States. This gives traders confidence and brand power. First, complete the Trading Combine to be eligible for its funded account program. Then, to test your readiness for the real deal, you can open a simulated futures account that has $50,000, $100,000, and $150,000 in buying power.
You graduate if you:
- You can use the software to make profits and keep your hands off of large drawdowns
- Ensure consistent profitability and manage the risk
- Steps 1 and 2 must be conducted within a minimum of 15 days
- Reach your profit targets for your accounts
- The trade allowed products during permissible times
- Do not exceed or hit the daily loss limit
- Do not hold positions in major economic releases
- Follow TopstepTraders scaling strategy.
Let’s say you can do it. After completing the Trading Combine, the funded trader program is available to you. The TopstepTrader team will allocate capital to your account. You can trade in real-time with no personal risk.
What happens when you trade?
- Your first $5,000 in profit is yours, and you keep 80% of the rest.
- EUREX futures trading can be added to your asset portfolio.
- Profits can be withdrawn at any time. However, withdrawals over $500 are free of charge.
- Trades are free of clearing fees and commissions using TSTrader.
Trader Pro, and many more.
TopstepTrader lists th. They can be reached by phone at 888-407-1611 or via the online contact center. Based on 1,248 reviews, Topstep’s Trustpilot score of 4.4/5 is.
Pricing starts at $132/month for the $50k account during Trading Combine
- Topstep Futures No Cost Trial (Test the Topstep futures trading platform for 14 days free.
- TopstepTrader 20% Off (Automatic Discount on All Account Sizes Upon Checkout.
Check out our TopstepTrader review for a more detailed overview of the service.
Apex Trader Funding Program
Apex, a funding company that provides funds to traders for futures trading, is focused on helping traders trade responsibly and profitably. The company was founded by traders and had a solid model for funding futures traders.
Apex has an evaluation process called Apex challenges for futures traders interested in funding. They must pass the Apex challenges before they are eligible to receive funding. The table below shows the different account sizes available for the evaluation. Traders can choose the size they feel comfortable with.
The account sizes vary in how many contracts they have, the price per challenge, the profit goal, and the trailing threshold (Trailing drawdown).
Apex Trader Funding Programs Features and Account Sizes
The 25k account
Although the number of contracts and their price have been mentioned, there is an associated profit goal of $1500. The trailing threshold ( Trailing drawdown) is also $1,000.
A $50k account
The profit target is $3,000, and the trailing threshold is $2,500.
The 75k account
This account has a profit target of $4,250 and a trailing threshold of $2,750.
The 100k account
This account has a profit target of $6,000 and a trailing threshold of $3,000.
A $150k account
This account size has a profit target of $9,000 and trailing thresholds of $5,000
A $250k account
This account size has a profit goal of $15,000 and a trailing threshold of $6,000.
The 300k account
This account is the largest, which means that all of its features have the highest number. The profit goal is $20,000, while the trailing threshold ( Trailing Drawdown) stands at $7,500.
Apex Rules to Follow
Rules in The Apex Challenges
These are the main rules for passing the Apex Evaluation.
Reach The Profit Goal
Each account size has a profit goal. Traders have at least ten days to reach it. The traders can take as long as it takes to reach the profit goal, but they also have the option to reset the account as often as necessary.
The trader must open and close trading positions on at least ten trading days to be eligible for funding. A trader must also demonstrate consistency in trading skills.
Trade A Minimum Of 10 Trading Days
To pass the evaluation and qualify for funding, traders must use at least ten trading days to enter and exit trading positions successfully.
Traders have two options to authenticate if the trading day requirement has been met.
- Rtrader Launch
- Click on the windows to launch the launch bar
- Choose Apex Order History
- By selecting “Export CSV,” the trader will be able to view all orders.
You can also try:
- Launch Rtrader Pro.
- Select windows
- Select a launch bar
- Order history
- If the trader has multiple accounts, choose the one you prefer.
- To view the report for a specific day, click on the search icon (represented by a magnifying lens).
- Traders should be aware that Monday will not trade on Sunday.
- Trades made on a specific day are considered one of the ten trading days.
Don’t Hit Max Loss
Each account has a trailing threshold ( Trialing Drawdown). Traders need to use it effectively and avoid making mistakes that could lead to failure and disqualifying the evaluation account.
The trailing threshold limits the maximum losses a trader can sustain on a given account during the evaluation process. This will allow the trader to be more responsible and consistent, which will help prevent them from sustaining the maximum loss while also ensuring that the evaluation is completed.
Do not hold an open position or open pending order after 4:59 PM ET
This is another important rule of the Apex Challenge. All trades must be closed by traders on or before 4:59 PM ET. There must also not be any pending orders beyond that time.
A trader who holds an open position or has a pending order after the deadline of 4:59 PM ET will be automatically closed. The trader will also be disqualified from the evaluation process.
Traders should note that if the market closes earlier than expected or if there is a holiday, they should also respond by closing earlier. Trades should be made between 6 PM ET on one day and 4:59 PM ET the next day. Traders shouldn’t trade beyond these hours.
Don’t share access to your account
This will be an impersonation that will be fraudulent in its own right. That is why traders should not share their username or password with others. This is why traders should thoroughly understand the evaluation process and not rely on other companies’ rules. These rules should be used to evaluate Apex.
Earn2Trade has three funded trading programs. The Gauntlet Program and The Gauntlet Mini are the three options you have.
A one-time payment is required for the Gauntlet Program. The virtual account is $25,000, and traders must trade at least once per week and 30 days on a calendar day. If they meet the requirements and achieve the 10% profit target, successful candidates will receive a guaranteed funding offer by Appius Trading or Helios Trading Partners.
The Gauntlet Mini program is similar to Topstep Futures or Topstep Forex. The monthly fee covers the cost of Trading and follows the rules. In addition, the monthly price includes access to JournalytixTM (TM), webinars, trading lessons, and JournalytixTM. After completing the course, traders will be offered a trading account.
Earn2Trade’s newest program is the Trade Career Path. After completing the Evaluation, traders are given a $25,000.00 virtual capital account. Once they have funded their account, they will receive a $25,000 account. This unique feature allows traders to scale their trading careers, manage accounts up to $200,000, and not pay a monthly subscription fee.
All three offers include an 80%/20% profit splitting, allowing traders to withdraw 80% from their funded accounts.
There are about 20 trading platforms that can be used. In addition, trader and Overcharts, Agena Trader, MultiCharts, and many more platforms can be used.
Earn2Trade LLC is the company behind this. At 30 North Gould St. STE4000, it has a registered office in Sheridan, WY 82801, which seems to be one of the address rental places. Also, if I recall correctly, some internet businesses open their entities in Wyoming due to the state standing strongly against giving out any owner information. Earn2Trade can be reached at firstname.lastname@example.org. Based on 693 reviews, Earn2Trade’s Trustpilot rating score is 4.6/5.
The Gauntlet Mini account sizes are between $25k and $150k. Pricing starts at $150 per month. The Trader Career Path starts at $25k and allows you to manage up to $200k. Below are some discounts.
- Join the Trader Career Path (40% Discount)
- Join The Gauntlet Mini (20% Discount)
The Earn2Trade review contains all the details and a walk-through of the platform.
FTMO is a prestigious prop trading company that specializes in forex trading. They paid over $23,000,000 in USD FTMO accounts to their traders in 2021. The average payout processing time was only 8 hours.
To be eligible for a trading account at FTMO, you must undergo a three-step process.
- You first need to enter the FTMO challenge, in which you must meet the defined profit goals within 30 working days.
- Next, you will need to complete the verification process for 60 days.
- After passing the 2-step Evaluation with the FTMO Challenge and Verification, you will receive an offer by FTMO to trade your capital on accounts ranging in size from $10,000 to $400,000.
Standard Profit Splits are 80:20. This means that the trader retains 80% of his profits and can withdraw 20%. In addition, there is a Scaling Plan available for funded accounts, where traders can increase their Profit Split to as high as 90/10 with account sizes up to $2,000,000.
Trades can be made in 44 currency pairs and the ten most popular cryptocurrencies. You can also trade some CFDs in cash indices, commodities, and stocks.
Topstep is a strong futures trader, but FTMO excels in currencies.
Free access to the three most popular forex trading platforms, MetaTrader 4 and MetaTrader 5 is provided by cTrader.
The company discloses its address transparently on FTMO Evaluation Global s.r.o. Opletalova 1417/25 at 110 00 Prague (Czech Republic), including their registration IDs and VAT. FTMO was awarded the Technology Fast 50 award from Deloitte for three consecutive years. Based on 1,204 reviews, it rates at 4.7/5 stars by Trustpilot.
Participation fees start at $139.50 per $10,000 account (leverage 1100 = $1 million buying power). The fee is only paid once for the FTMO Challenge. Funded traders get the fee back when they do their first profit split. The Verification process is free, and there are no platform fees.
Click here to start the FTMO trial for free and see the different challenge types.
Our FTMO review provides insight into the whole challenge, evaluation process, account, and cost.
Fieldcrest, a new trading account provider, has just been funded. A team of professional Forex traders founded the proprietary trading company in 2018. According to its website, Fidelcrest currently boasts 6,000 traders worldwide and offers more than 1,000 tradeable instruments. After the verification phase, 40% is taken as a profit and 70% to 80%.
Fieldcrest traders may trade on MetaTrader 4, MetaTrader 5, or cTrader platforms.
During the Fidelcrest Trading Challenge, Verification, and TradeView, demo accounts can be used by Fidelcrest Markets and TradeView brokers. Additionally, live accounts can be opened with one of the partnering prop companies.
With Fidelcrest, you must use the same instrument to trade both Phases. Fieldcrest has the disadvantage that you must open a new account for each trading period (based on their knowledgebase section account management, how do I monitor my account). You will have problems if your broker from Phase 2 doesn’t support the instrument you used in Phase 1.
Fieldcrest Ltd is headquartered in Arch. Makariou III & 1-7 Evagorou, MITSI 3, 1st floor, office 102 C 1065 Nicosia, Cyprus. The website lists their company registration and tax number. Fieldcrest currently has 56 Trustpilot reviews with an average rating of 4.3/5. You can connect with their team via email (email@example.com).
Fieldcrest offers four ProFX Standard accounts for forex trading, with account sizes ranging from $50,000 to $400,000 and one-off evaluation fees of $349 to $1.499. You can also choose from ProFX Aggressive accounts or smaller account sizes.
The the5ers take a completely different route than the other programs in this list. Each funded trading account is a live-funded trading account that subscribers can trade. The The5ers fund it.
All forex majors, including USD/CHF, EUR/USD, and major crosses like GBP/JPY and AUD/CAD, are tradeable securities. Every trader must pass the Level 1 Program. The profit target is between 10% and 25%.
According to the rules, the Level 1 Program will close once the profit target has been archived using Trading. Then, as a Portfolio Manager Partner, the profit will be split, and you will receive a new trading account at the next funding level.
The main difference between the trading accounts on the list is the one that offers a differentiator. The5ers has a 50/50 profit split. The trader retains 50% of the profits, while Topstep gives traders 80%.
Each program is hosted on the MetaTrader5 trading platform.
The5ers discloses their headquarters at 14 Haroshet St, Raanana (Israel) and office address at Enstar House,168, Praed Street London, United Kingdom W2 1RH. They can be reached by phone (929 955 5595) or email (firstname.lastname@example.org). Trustpilot currently has 404 ratings and the The5%ers Trades Funding & Growing average Program score of 4.7/5.
Participation fees range from $275 to $875
City Traders Imperium
City Traders Imperium was founded in London by Martin Najat and Daniel Bautista Martin in 2018. This relatively new provider of forex-funded trader programs offers a revenue share between 50% and 70%.
All trading strategies are available to traders, and all attendees have one year to complete their Evaluation Phase. The Portfolio Manager level will be open to those who are successful. Only forex pairs and gold are allowed for accounts under $10,000. Indicators are only available to all accounts that have at least $20,000.
Keep in mind that any trade closed without a stop-loss order will violate risk management rules.
MetaTrader 5 is the trading platform.
City Trader Imperium discloses the full address of their company at 152-160 Kemp House City Rd, EC1V2NX, London, on their website and in company registration data. You can reach them via email at email@example.com. Based on 229 reviews, the Trustpilot rating currently stands at 4.7/5.
Prices are in GBP. The offered account sizes ranged from $2,500 to $17500, with one-time payments of PS109-649. This currently equals $150-$893.
OneUpTrader provides funded accounts that allow you to showcase your skills while making money.
Two steps are required to get started.
OneUp’s Trading Evaluation Program starts the evaluation process. The team then puts you through a live-time trading simulator, where you can track, measure, and display your skills.
After passing the Evaluation, you are introduced to OneUp’s financing partners. After you begin trading, your first $8,000 in profit is yours. You then take home 80%.
What other benefits are there?
- You have the option of funding options starting at $25,000 and ending up to $250,000
- Data and analytics that can help you be more successful
- One-up Trader community members can collaborate, discuss and share ideas
Trader, Agena Trader, Photon, eSignal, and more.
OneUp Trader doesn’t disclose any information about the company, including its address and contact details, on its website. There is also no information on which company will fund your account or how many traders have been funded. Trustpilot has two reviews for Oneup Trader.
The smallest account costs $105 per month with a 50% profit split. The $250,000 account has an 80% profit split. This account costs $650 per month.
Topstep Forex (Discontinued)
This one was for currency specialists! Topstep Forex-funded accounts were the currency wing of Topstep. Therefore, they had similar eligibility requirements. In addition, you needed to complete the Trading Combine. This would have demonstrated that you can use TopTrader’s software and implement a winning strategy while managing risk.
This was a must-do step to keep TopTrader’s capital safe. You were able to keep the first $5,000 in profits once you began trading, and you would have taken home 80% of all your winnings. After that, profits could have been withdrawn at any time. Withdrawals over $500 were free.
What was the difference between Topstep Forex and Topstep Futures?
Topstep Forex funds account balances included purchasing power of up to $500,000.
How is that possible? Leverage is the key. Leverage ratios for currency positions can reach 100:1. Topstep Forex leverage ratios were much higher than those of Topstep Futures. This made Topstep Forex extremely risky. It’s worth mentioning that it was not your money.
Topstep Forex financed positions so that you could trade without fear and worry about reprisal. You first had to prove your skills. A Topstep Forex-funded trader program would have been the right fit for you if you are a successful currency trader but lack the capital to make large moves.
Trader Pro, and many more.
TopstepTrader lists its office address in Chicago, Illinois, USA. They can be reached by phone at 888-407-1611 or via the online contact center. Based on 1,248 reviews, Topstep’s Trustpilot score of 4.4/5 is.
The Trading Combine used to charge $100 per month for the smallest account with $200k purchasing power.
Funded Trader Program Summary
Funded trader programs offer many benefits. Many providers provide exceptional service that can make your trading tools more useful. Funded accounts are a great way to beat the best, whether you need advanced software or want to use someone else’s money for Trading.
The knowledge gained is valuable and even more important. Providers will do everything they can to help you succeed, considering their own money. They don’t want your bankroll to be drained.
This means that you have:
- greater guidance,
- Coaching is more affordable than other services.
You’ll also find other skilled traders when you compete in the arena. This will allow you to increase your skills and help you climb the ladder quickly.
You can’t go wrong when choosing from the options listed above.
TopstepTrader leads the market with more than 6,033 funds accounts in 2020 and even more in 2021. In addition, Fieldcrest Trading, City Traders Imperium, Maverick Trading, and Fidelcrest Trading publicly disclose their company address, contact information, and pricing on the website. This is a positive sign.
OneUp Trader doesn’t disclose company information, and Day Trading hides pricing for up to $22,595 participation and $10,000 violation fees on their policies and procedures page. Both could do better. Other companies, such as Tradenet, have also stopped offering funds trading accounts.
TopstepTrader or Earn2Trade will be your best options if you’re looking for a fund trader account. Maverick Trading, however, is a great choice for those who intend to work in an investment firm that manages large accounts.
My Best Trading Courses Blog Post will help you find the best education. If you are interested in joining one of the costly funded trader programs, read the reviews.
It is now up to you.
Top 3 Deals
You may be looking for a fund trader account that offers a high price-performance ratio. The top 3:
- TopstepTrader (Futures Trading), TopstepTrader or 20% Off (Automatic Discount on All Account Sizes upon Checkout)
- TopstepFX (Forex Trading 20% Off TopstepFX (Automatic Discount on All Account Sizes Upon Checkout)
- Earn2Trade (Futures Trading ) 50% Off (discount applied immediately).
Your Profit Shares and Tradeable Assets
Funded Trader ProgrammeTradeable AssetsYour profit share
Topstep Futures Futures 80%-100%
Topstep Forex Forex 80%-100%
Earn2Trade Futures 80%
FTMO Forex and Crypto 80%-90%
Fidelcrest Forex 40%-70%
The 5ers Forex 50%
Imperium for City Traders Forex, Gold, Indices 50%-70%
OneUp Trader Futures 50%-80%
No cost trial, discounts, or payments
Funded Trader ProgrammeTry it Free of ChargeGet Discount
Topstep Futures Yes 20%
Topstep Forex 20%
Imperium for City Traders
Which is the most funded trader program?
Topstep is the best-funded trader program at a reasonable price. There’s also a free trial. Topstep offers futures contracts and forex pairs with a fair revenue share. They have funded more than 6,000 accounts in 2020 and withdrawn over $2 million this year.
What is the annual income of a fund trader?
Funded traders can make unlimited profits provided they follow the rules set by their trading account provider. The potential profit margins are higher if the account is larger.
Can I become a fund trader?
Most companies require traders who can demonstrate their ability during the evaluation phase. Funded trading accounts are available to those who achieve the profit target. In exchange for higher participation fees, some companies offer instant funded accounts.
What is fund trading?
Funded Trading allows traders to make money trading capital of other companies without risking their trading accounts. But, to be successful long-term, you need to have a lot of knowledge and skills about the financial markets.
What is the working principle of a funded trading account?
A two-step process is required to fund trading accounts. First, traders must prove they can make money trading for a longer period. After the evaluation phase is completed, traders have full access to trading accounts and can earn a revenue share of up to 80% of the profits.