The Funded Trader is a proprietary firm. They are relatively new but are making great strides in the prop firm industry. They constantly have updates for their challenges, which makes them more intriguing and fascinating for traders. Let’s take a look at the characteristics of the firm:
- Maximum balance of standard accounts up to $600,000.
- Four different funding program options.
- 80% profit split on all funded accounts.
- Leverage up to 1:200.
- Over 4k Trustpilot reviews with an excellent score of 4.7/5.
- Scaling plan with a balance of up to $1,500,000.
The Funded Trader Challenge Updates
In a constantly changing and improving world, it is essential to stay updated as well. Keeping up with the latest advancements and trends is essential to staying competitive in today’s ever-evolving market. The Funded Trader, one of the best prop firms, keeps this point in mind. The firm has a reputation for always listening to its trader and accommodating them as much as possible. Now, The Funded Trader has implemented some more updates for their challenges.
Let’s see what they updated:
Knights Challenge Update
The recently launched Knights Challenge already has an update. The firm has announced that News trading is now allowed in the challenge phase of Knights Challenge. They also shared that they are exploring allowing it on the funded accounts as well. So, for now, News trading is only allowed for the challenge phase only.
Rapid Challenge Update
For the Rapid challenge, The Funded Trader announced that Payouts will now be processed within one business day. So, traders no longer that to wait to get their payouts processed.
Standard and Royal Challenge Update
For the Standard and Royal challenges, the firm is currently testing doing payouts in 1 business day. Soon, they will announce whether that’s a possibility or not, which is more likely to be a Yes.
So, these are The Funded Trader Challenges updates. To learn more about The Funded Trader’s challenges, read the Review. And don’t forget about the discount code (FOREXPROPREVIEWS) we offer for a 10% discount.