The Funded Trader offers a comprehensive setup for traders to understand and evaluate spreads and commissions through a spreads test demo account on multiple platforms.

Step 1: Choosing a Broker

Traders have the option to choose from ThinkMarkets, Eightcap, or Purple Trading. Each broker offers unique features and tools for a tailored trading experience.

Step 2: Downloading and Installing Trading Platform

Download the version of the Trading Platform that’s compatible with your device. Follow the installation instructions provided by the selected broker to get started.

Step 3: Accessing the Spreads Test Account

Upon launching the Trading Platform, use the provided login credentials to access the spreads test demo account. This account is read-only and allows you to view live market movements.

To view all symbols on Trading Platform 4/5, right-click Market Watch>Symbols>Show RAW FEED (Forex), Show Metals, Show TFT Index/Crypto.

Login Credentials for Demo Accounts

  • ThinkMarkets (Trading Platform 4 and 5)
  • Eightcap (Trading Platform 5)
  • Purple Trading (Trading Platform 4 and 5)

Each broker has specific notation for Forex, Metals, Indices, and Crypto which is detailed in the login information.

Understanding the Commission Fee Structure

The Funded Trader ensures that its simulated commission fees are transparent and straightforward:

  • Eightcap: Forex $7/lot, Metals $3/lot, Indices/Crypto/Oil $0/lot
  • Purple Trading: Forex $7/lot, Metals $3/lot, Indices/Crypto/Oil $0/lot
  • Think Markets: Forex/Metals $7/lot, Indices/Crypto/Oil $0/lot

This structure allows traders to easily understand and plan their trading costs effectively.

New Prop Firms

TradeApp is a new prop trading firm offering global traders access to capital with flexible evaluation phases, profit splits of up to 90%, and educational resources. Ideal for traders looking to grow without risking personal funds.

We Fund You Trade (WFYT) offers traders a chance to manage up to $200,000 in capital with profit splits of up to 85%. Their two-step evaluation process aims to identify disciplined and profitable traders, providing a clear pathway to funded trading.

Sieg Fund is a prop trading firm that offers various funded trading challenges for traders of all experience levels. With options for both beginners and advanced traders, Sieg Fund provides live trading accounts, robust risk management, and the flexibility to use diverse trading strategies, including Expert Advisors and high-frequency trading.

The Lionheart Funding Program offers a range of trading challenges designed to help traders access funded accounts. With flexible evaluation phases, competitive trading conditions, and various options tailored to different trading styles, it aims to support both novice and experienced traders in scaling their trading careers.

Skilled Funding is a prop trading firm offering up to $200,000 in funding with profit splits up to 100%. The firm provides a flexible evaluation process with no time limits, allowing traders to demonstrate their skills and progress to funded trading.

Syndicate Funded is a Dubai-based prop trading firm offering flexible challenges, competitive profit splits, and supportive trading conditions. It caters to traders seeking growth with high leverage, low spreads, and transparent rules.

The information provided on All Prop Trading Firms is for informational purposes only. We aim to provide comprehensive and unbiased reviews of various prop trading firms along with sharing valuable discount coupons and updates. However, we do not take responsibility for any decisions made based on the information presented on our site. Trading involves substantial risks and is not suitable for every investor. We highly recommend that you read the terms and conditions of each prop firm and conduct thorough research before engaging in any trading activities.
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