Founded on May 12th, 2021, The Funded Trader is a prop company. Concerning their brokers, they have agreements in place with Eightcap and Purple Trading Seychelles.
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.
The Forex League, VVS Academy, and The Funded Trader share the same founders. This prop company was created to offer the precise solutions needed by their community.
The firm’s main office is at 14001 West Highway 29, Suite 102, Liberty Hill, Texas 78642.
The Funded Trader Updates
The Funded Trader announced the following updates:
- Affiliate Program Updates
Starting January 19th, the prop firm will go live with the following updates to its affiliate program.
- Optimized intercom chat support for questions about payments, order issues, etc.
- When Tier 1 (50 referrals) is achieved, traders will receive a free $100k Challenge + unlock biweekly payouts + 10% commissions. The coupon remains at 5%.
- When Tier 2 (100 referrals) is achieved, traders will receive a free $200k Challenge. Coupon + 12.5% commissions. The coupon goes to 7.5%.
- When the new Tier 3 (500 referrals) is achieved, traders will receive $3,000 cash + weekly payouts + 15% commissions + admissions to a private slack channel. This would be unlocked once they reach 500 referrals. The coupon goes up to 10%.
- King’s Program Announcements
This will be going live on January 9th. It will be exclusively available to the firm’s Funded Traders. More details will be announced near the launch day. All existing funded accounts will become eligible upon meeting specific criteria.
The firm also declared that long-time, qualified traders can access ALL challenge types.
- Withdraw anytime based on certain profit achieved.
- 12 – 24-hour payout processing times.
- 90% payouts (already doing this on scaling).
To learn about Prop firms that allow holding forex pairs over the weekend, click on the link.
Also, you can get a 10% discount using our special discount code (FOREXPROPREVIEWS).