Understanding Prop Trading Firms
Prop trading firms (or “prop firms”) provide traders with access to company capital. Instead of risking their own money, traders can prove their skill in a challenge or evaluation process. Once funded, they trade with the firm’s capital and earn a profit split — usually between 70% and 90%.
About FundedFirm
FundedFirm is a modern prop firm built for traders who value transparency, simplicity, and speed. It offers a one-step evaluation challenge, meaning traders can get funded faster with fewer restrictions. The company is known for its high profit splits (up to 90%), low challenge fees, and fast payout system.
Key Highlights of FundedFirm:
- One-step evaluation
- Profit split up to 90%
- Affordable entry fees
- Weekend and overnight trading allowed
- Rapid payouts every 14 days
About Funding Traders
Funding Traders is another growing prop firm known for its flexible trading conditions and competitive payout structure. It offers both one-step and two-step evaluation challenges, depending on the trader’s preference. Funding Traders has gained attention for its instant funding options and scaling plans that reward consistent traders.
Key Highlights of Funding Traders:
- One-step and two-step challenges
- Instant funding available
- Profit split up to 85%
- Flexible scaling program
- Access to MT4/MT5 platforms
Funding Models Overview
5.1 One-Step vs Two-Step Challenges
FundedFirm simplifies the process with a one-step evaluation, allowing traders to get funded after hitting the profit target once.
Funding Traders provides more flexibility, offering both one-step and two-step options, which helps traders choose between fast access or a more gradual evaluation.
5.2 Instant Funding Options
Funding Traders also offers instant funding accounts for experienced traders who prefer skipping the evaluation altogether (for a higher fee). FundedFirm currently focuses on skill-based challenges rather than instant funding.
Profit Split Comparison
- FundedFirm: Up to 90% profit split
- Funding Traders: Up to 85% profit split
While both are generous, FundedFirm takes the lead for offering a slightly higher profit share to its traders.
Account Sizes and Scaling Opportunities
Both firms allow traders to scale their accounts based on performance.
- FundedFirm: Scaling available after consistent profitability over time.
- Funding Traders: Offers structured scaling programs, allowing traders to grow accounts to $600,000+ depending on performance.
Trading Rules and Restrictions
Both prop firms have relaxed trading rules:
- EAs, bots, and copy trading are allowed.
- Holding overnight and weekend trades is permitted.
- News trading is supported.
FundedFirm focuses on simplicity, while Funding Traders offers additional flexibility through multiple challenge models.
Risk Management and Drawdown Limits
Metric | FundedFirm | Funding Traders |
Daily Drawdown | 5% | 5% |
Overall Drawdown | 10% | 10% |
Profit Target (One-Step) | 10% | 10% |
Both companies promote responsible trading by maintaining fair and balanced drawdown limits.
Platforms and Broker Partners
- FundedFirm: Supports MT4/MT5 with regulated broker partnerships.
- Funding Traders: Uses MT4, MT5, and cTrader through reliable brokers.
If you prefer using cTrader, Funding Traders might be more appealing. However, for traditional forex platforms, both perform equally well.
Payout Structure and Speed
- FundedFirm: First payout in 14 days, then every two weeks.
- Funding Traders: Payouts available every 14–30 days, depending on account type.
Both have fast and transparent payout processes, but FundedFirm has slightly quicker cycles.
Customer Support and Community Engagement
Both firms have active online communities:
- FundedFirm runs a growing Discord group and offers instant live chat support.
- Funding Traders offers 24/7 email and chat support along with social media engagement.
Traders often praise FundedFirm for faster responses and personalized assistance.
Pricing and Evaluation Fees
- FundedFirm: Starts from $99 for a $10,000 challenge
- Funding Traders: Starts from $120 for a $10,000 challenge
FundedFirm’s pricing is more budget-friendly, making it ideal for beginners.
Trader Feedback and Reviews
Traders love FundedFirm’s straightforward rules and fast payouts.
Funding Traders gets appreciation for its flexibility, instant funding options, and scaling features. Both firms have positive reputations and are trusted by active traders worldwide.
FundedFirm vs Funding Traders: Pros and Cons
FundedFirm Pros
- One-step challenge
- Up to 90% profit share
- Affordable entry
- Fast payouts
- Transparent rules
FundedFirm Cons
- No instant funding option
Funding Traders Pros
- Offers instant funding
- Flexible one/two-step models
- Scaling up to large accounts
Funding Traders Cons
- Slightly lower profit share
- Higher challenge fee
Which Firm Is Better for Beginners?
FundedFirm is the better choice for beginners due to its simple one-step evaluation and lower cost structure. It’s easier to start and earn quickly without navigating multiple stages.
Which Firm Is Better for Professional Traders?
Funding Traders suits professional traders who want instant funding options, advanced risk tools, and long-term scaling potential.
Key Differences at a Glance
Feature | FundedFirm | Funding Traders |
Evaluation Type | One-Step | One/Two-Step |
Instant Funding | No | Yes |
Profit Split | Up to 90% | Up to 85% |
Minimum Challenge Fee | $99 | $120 |
Payout Speed | 14 Days | 14–30 Days |
Platform | MT4/MT5 | MT4/MT5/cTrader |
Final Verdict: FundedFirm or Funding Traders?
Both FundedFirm and Funding Traders provide real opportunities for traders to grow without risking personal funds.
If you want simplicity, affordability, and high payouts, FundedFirm is your best pick.
If you prefer instant funding and scalability, Funding Traders might be more your style.
Conclusion
Choosing between FundedFirm vs Funding Traders comes down to your trading experience and goals. FundedFirm delivers a faster and simpler funding route for those who want quick access and better payout rates. Funding Traders, however, is excellent for traders seeking growth through scaling and instant funding. Both firms are trustworthy, transparent, and built to help skilled traders turn their talent into profit.
FAQs
- Is FundedFirm a real prop firm?
Yes, FundedFirm is a legitimate and transparent prop firm that pays traders on time. - Does Funding Traders offer instant funding?
Yes, Funding Traders provides instant funding options for experienced traders. - Which prop firm has higher payouts?
FundedFirm offers up to 90% profit split, higher than Funding Traders. - Can I trade using EAs or bots?
Yes, both prop firms allow automated trading and expert advisors. - Which one is more beginner-friendly?
FundedFirm’s one-step challenge and low fees make it perfect for beginners.