This article provides an in-depth comparison between Funded Trading Plus and The Funded Trader, two prominent proprietary trading firms. We aim to assess their offerings for forex traders globally, focusing on company details, funding program options, and two-step evaluation programs.
Company Overview
Funded Trading Plus and The Funded Trader are both recognized for their reliability and trustworthiness in the proprietary trading sector. Here’s a quick overview:
- Incorporation Date: Funded Trading Plus was established in November 2021, while The Funded Trader began in May 2021.
- CEO: Simon Massey leads Funded Trading Plus, and Angelo Ciaramello is at the helm of The Funded Trader.
- Office Locations: Funded Trading Plus is based in London, UK, and The Funded Trader operates from Liberty Hill, Texas.
- Maximum Allocation Capital: Funded Trading Plus offers up to 2x $200,000, whereas The Funded Trader provides funding up to $600,000.
Both firms feature scaling plans, highlighting their commitment to supporting trader advancement.
Funding Program Options Comparison
Each firm offers a variety of funding programs for forex traders. Here’s how they compare:
- Funded Trading Plus: Provides a one-step evaluation, two two-step evaluations, and instant funding.
- The Funded Trader: Offers a one-step evaluation and three two-step evaluations.
Two-step Evaluation Comparison
Next, we explore the specifics of the two-step evaluation programs provided by both firms:
Price Comparison for Different Account Sizes
Lastly, let’s compare the prices for different account sizes offered by both firms:
- $5,000 Account: Not offered by Funded Trading Plus; available with The Funded Trader for $65 (Standard), $79 (Rapid).
- $10,000 Account: Not offered by Funded Trading Plus; available with The Funded Trader for $129.
- $25,000 Account: $199 (Advanced), $247 (Premium) for Funded Trading Plus; $199 (Standard), $229 (Rapid) for The Funded Trader.
- $50,000 Account: $349 (Advanced), $397 (Premium) for Funded Trading Plus; $299 (Standard/Rapid), $289 (Royal) for The Funded Trader.
- $100,000 Account: $499 (Advanced), $547 (Premium) for Funded Trading Plus; $499 (Standard/Rapid), $489 (Royal) for The Funded Trader.
- $200,000 Account: $999 (Advanced), $1,097 (Premium) for Funded Trading Plus; $939 (Standard), $899 (Rapid), $939 (Royal) for The Funded Trader.
- $300,000 Account: Not offered by Funded Trading Plus; $1,409 (Standard), $1,399 (Royal) for The Funded Trader.
- $400,000 Account: Not offered by Funded Trading Plus; $1,879 (Standard), $1,869 (Royal) for The Funded Trader.
This comprehensive comparison provides valuable insights into what Funded Trading Plus and The Funded Trader offer to forex traders, facilitating an informed decision based on their trading preferences and goals.
Brokers and Trading Platforms: Funded Trading Plus vs. The Funded Trader
Continuing our comparison, let’s examine the brokers and trading platforms associated with Funded Trading Plus and The Funded Trader.
Broker and Trading Platform Details
- Funded Trading Plus: Partners with Eightcap and offers MetaTrader 4 and MetaTrader 5 as trading platforms.
- The Funded Trader: Works with Eightcap, Purple Trading Seychelles, and Think Markets, providing access to MetaTrader 4 and MetaTrader 5.
Trading Instruments Comparison
Trading instruments are a crucial aspect to consider. Here’s what each firm offers:
- Forex Pairs: Available for trading with both firms.
- Commodities: Both firms offer commodities trading.
- Indices: Indices trading is available with both Funded Trading Plus and The Funded Trader.
- Crypto: Cryptocurrencies can be traded with both firms.
Community Feedback Analysis
Finally, let’s consider community feedback based on Trustpilot reviews for both firms:
- Funded Trading Plus: Holds a Trustpilot rating of 4.9/5 from 1,788 reviews.
- The Funded Trader: Has a Trustpilot rating of 4.5/5 from 13,361 reviews.
While The Funded Trader shows greater popularity in terms of the number of reviews, Funded Trading Plus boasts a slightly higher rating. This indicates that both firms are well-regarded in the proprietary trading community, each with its own strengths as reflected by trader feedback.
Conclusion: Funded Trading Plus vs. The Funded Trader Comparative Analysis
In summarizing our comprehensive comparison between Funded Trading Plus and The Funded Trader, it’s evident that both firms stand out as excellent choices for traders exploring proprietary trading opportunities. Each firm has its unique offerings and strengths, tailored to meet various trading needs and goals.
Significant differences were observed in their trading rules and objectives, pricing strategies, and the feedback they receive from the trading community. Additionally, there is a notable distinction in their funding program options. Funded Trading Plus offers a more diverse range, including a one-step evaluation, two two-step evaluations, and instant funding. Conversely, The Funded Trader provides a one-step evaluation and three different two-step evaluations.
As we conclude this comparison, we’re pleased to offer special discount codes for both Funded Trading Plus and The Funded Trader. These exclusive codes can provide significant benefits and savings for traders choosing to engage with either of these reputable firms. You can find the discount codes below:
Whether your preference leans towards Funded Trading Plus for its variety of funding options or The Funded Trader for its comprehensive two-step evaluations, both firms stand as solid choices for advancing your trading career.
