The Funded Trader is a proprietary firm incorporated on the 12th of May 2021. They have a US-based office and allow their traders to work with capital that can total up to $1,500,000 in balance and up to 90% profit splits. As their brokers, they have agreements with Eightcap and Purple Trading Seychelles.
The Funded Trader offers its traders four different programs to choose from:
- Standard challenge accounts
- Rapid challenge accounts
- Royal challenge accounts
- Knight challenge accounts
Compared to other industry-leading prop firms, they have below-average drawdown rules and no time limitations. The Funded Trader is an excellent choice. Traders have four different funding programs they can choose from.
The Funded Trader Weekly Stats
The Funded Trader released second-week-of-February stats. Their traders keep working extremely hard and earning sizable profits. They have shared the top five payouts from the previous week, the most traded instruments, the number of lots traded in a session, and the astounding total payout amount to appreciate their traders.
The weekly stats shared by The Funded Trader show why they were in the Top 10 Best Prop Trading Firms. Now, let’s take a look at the Weekly Stats:
Weekly Statistics February 6th -February 10th
- Total Payouts: 1,399,668
- Largest Single Payout: $72,294 ($600,000 Account)
- Most Traded Instruments:
- Volume By Session:
- Asian Session: 127,840 Lots
- London Session: 188,389 Lots
- New York Session: 155,766 Lots
The firm also shared the Top Five payouts of the week and the Affiliate amounts. Let’s take a look at them too.
Pretty successful week for the firm, we can say. The firm is taking huge steps, and they are, so far, one of the top trading prop firms right now. They were incorporated in 2021, but that is not stopping them from being the best prop firm for their community.
Lastly, talking about the Top 10 Best Prop Firms, look at them by clicking on the link. And if you want to start trading with The Funded Trader, use our discount code (FOREXPROPREVIEWS) for a 10% discount.