4.5 (2758 reviews)
Funding Traders

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About Funding Traders

CEO

Stan

Established

April 2023

Country

United Arab Emirates

Broker

FUTRAD, Galaxy Path Capital

Platform

MT5, (DXtrade,TradeLocker for US traders)

Trust Pilot

4.6

Payment Methods

Stripe, Cryptocurrency, Credit/debit cards

Payout Methods

Bank Transfer via Rise, Crypto (via Coinbase Commerce) - Minimum Payout $50
More info Funding Traders
4.5 (2758 reviews)

Customer Reviews (2758)

  • Finn Waters
    1 year ago

    The customer service here is commendable. I inadvertently violated one of their guidelines by closing a position in under 15 seconds. However, when I reached out to support and spoke to Obiwan, I was reassured that it was not an issue as long as it wasn’t a recurring behavior. This was a significant relief for me.

  • Kassandra Wiza
    1 year ago

    The response I received was prompt and to the point—no issues here at all. I found that Magnesium addressed all my inquiries effectively.

  • Davion Kuhic
    1 year ago

    I have to say, I’m quite impressed with this proprietary trading firm. One of the standout features is undoubtedly their strong community. The owner, Obiwan, truly excels at connecting with traders and fostering a supportive atmosphere. If a prop firm that prioritizes community is what you’re after, I highly recommend giving them a look. You can find more at fundingtraders.com.

  • Hilma Nolan
    1 year ago

    Avoid trading here at all costs. This platform enforces a strict consistency rule, capping the maximum loss at 2% per trade, which might sound reasonable—until you experience their significant slippage issues.

    I successfully cleared both Phase 1 and Phase 2 of a $50K challenge, only to be informed later via email from risk management that I had failed. In one of my trades, I placed a stop loss at -$900, well within the allowed trade loss limit. However, due to slippage, the trade ended up closing at -$1,200—a shocking $300 disparity.

    I’ve traded with firms like Apex, Topstep, and Tradeday, and this platform has the worst slippage of them all. When I reached out to support, they merely stated that traders should consider the possibility of slippage on their platform. Essentially, they implied I should have left an extra 0.6% buffer to make up for their execution shortcomings.

    Do yourself a favor—save your time and money by steering clear of this platform.

  • Eula McLaughlin
    1 year ago

    This company truly stands out with its excellent guidelines that promote effective risk management and foster future growth. I had an issue, but thanks to BILLY in the live support team, it was quickly sorted out. I’m giving this a solid five stars!

  • Henderson Treutel
    1 year ago

    PAT was very prompt in assisting me with my login troubles on the DXtrade platform. They stayed on the line to ensure I was able to log in successfully before we wrapped up the chat. Truly impressive customer support!

  • Jaida Bailey
    1 year ago

    I want to share my experience as a cautionary tale regarding the questionable practices at Funding Traders. This firm appears to operate a systematic approach to avoid compensating traders fairly.

    To begin with, they often deny the initial payout and impose the requirement for additional trading. The hope seems to be that the trader won’t make it through this extra challenge. Even if a trader manages to qualify, they may then encounter fabricated rule violations, which seem designed to further complicate the process.

    Should the trader contest this, responses may be delayed intentionally to foster frustration. Ultimately, they might receive a substantially reduced payout, generally around 30%, in the hopes that the trader will simply give up and walk away. It’s a troubling tactic that should definitely raise red flags for anyone considering this firm.

  • Nolan Macejkovic
    1 year ago

    The customer service here is quite impressive. I received a fast response from Pat, which was nice. However, I haven’t had a chance to actually use the proprietary trading firm yet.

  • Gabe Aufderhar
    1 year ago

    Everything was fantastic! Khalifa provided exceptional support today, and all aspects of the trading experience were smooth and enjoyable.

  • Shany Heathcote
    1 year ago

    I must say, I genuinely appreciate your customer service. It has been a pleasure interacting with your team, and I am excited to work with your company. Khalifa was particularly impressive—quick to respond and always eager to assist.

  • Lempi Senger
    1 year ago

    Obiwan hosts poker games every week, and they’re quite enjoyable. The atmosphere is really nice, making it a great place to unwind and play. If you’re into poker, you’ll appreciate the regularity of the events. It’s definitely worth checking out if you’re looking for some fun!

  • Reyna Mueller
    1 year ago

    Obiwan, you’re doing an incredible job of providing funding for traders. It’s impressive to see how well you support individuals in their trading journeys. Keep up the great work!

  • Jillian Thompson
    1 year ago

    This proprietary trading firm never fails to impress me. The latest community update is that CEO Stan is hosting live sessions on YouTube, where he dives into various aspects of the trading industry. The firm offers valuable free education and boasts a highly supportive community. A special shoutout to Obiwan, who organizes weekend games and brings everyone together, even when we can’t participate with our characters!

  • Duncan Towne
    1 year ago

    The spreads offered for Forex are relatively favorable, but when it comes to cryptocurrencies, they tend to be on the higher side. As for the support team, their performance is just average. It’s also important to note that the firm has strict regulations in place, so be sure to thoroughly read the rules. I experienced a gain of 10% on my $10,000 funded account, yet my account was suddenly closed, and my payout was denied simply because one of my trades went against the martingale rule. So, exercise caution.

  • Pansy Medhurst
    1 year ago

    I received a prompt response from the support team, and my issue was efficiently resolved by a representative named Ebi.

  • Abbie Wolff
    1 year ago

    The platform is quite impressive, and the support team really guides you through every stage of your trading journey. Funding traders truly feels like the trading platform of tomorrow. Keep up the great work, and a big thank you to Ebi!

  • Santiago Walter
    1 year ago

    Punctuality is a strong suit here, as they’re always on time. The system runs incredibly smoothly, with no lag whatsoever. I must say, Ebi really provided exceptional customer care, making my overall experience quite impressive.

  • Alexandre Gibson
    1 year ago

    This is a fantastic firm that truly stands out. Their customer service is exceptional, especially through representatives like Pat, who really knows how to assist clients. Overall, it’s clear that they prioritize providing a positive experience for everyone involved.

  • Toby Block
    1 year ago

    I recently faced a significant setback with my $50,000 challenge, and I can confidently say that it wasn’t due to any shortcomings on my part. Here’s what unfolded: According to their guidelines, there’s a maximum risk of 2% per trade. I adhered strictly to this, using a 0.5% ($250) stop-loss on each trade I executed. Today, however, my stop-loss didn’t trigger, leading to an unexpected loss of $920. At the time, my account balance was nearing $51,000, so I fail to understand how this could represent a 2% loss. The loss seemed entirely due to a technical failure, either from the broker or the trading application.

    When I reached out to support at Funding Traders, I was met with a disappointing response. They claimed to find no irregularities, which I find quite unfair. I now feel compelled to distance myself from this company. I cannot recommend that anyone purchase a challenge from them, as doing so could jeopardize your account regardless of how diligently you adhere to your trading strategy or risk management practices. The risk of system failure always looms large.

    I would be more than willing to reconsider my negative review if the company addresses my concern, but it seems they are indifferent to their clients’ struggles amidst technical challenges that may lead to account closures. I fully understood and respected all the rules while trading. Unfortunately, when a stop-loss fails to activate, a trader is left with limited options. This occurred during a rapid price spike, leaving no time to manually exit the trade. That’s precisely why stop-losses are implemented. When they fail, what recourse do we have?

    I urge anyone contemplating a challenge with this company to think carefully. If you find yourself in a situation similar to mine, you may not receive the support you expect. I’m a real person sharing my experience—not an anonymous “hater.” My goal is simply to assist other traders in making informed decisions before engaging with Funding Traders.

  • Blanche Hills
    1 year ago

    I recently completed the evaluation process at FundingTraders and was pleased to pass, but then encountered an unexpected issue: my account was tagged for supposedly employing a Martingale strategy—a claim that couldn’t be further from the truth.

    1. **Erroneous Martingale Accusation**
    My approach isn’t based on Martingale at all; it’s firmly rooted in technical analysis, combined with diligent risk management, typically ranging from 0.5% to 1% risk per trade. I’ve never seen fit to exponentially increase my position sizes as a genuine Martingale trader would. Instead, my trades are guided by indicators like EMA, MACD, and ATR, and I can definitely provide specific entry and exit points for transparency.

    2. **Questionable Evaluation Process**
    While I initially received approval for my challenge pass, it was puzzling to see my account flagged after completing the evaluation. My profit and loss curve reflects consistent, stable growth—something a Martingale trader would struggle to achieve. In fact, I’ve successfully passed similar evaluations with other proprietary firms, withdrawn my profits, and never experienced any issues before.

    For those considering purchasing a challenge with FundingTraders, exercise caution. The firm reserves the right to interpret their own rules, even when those interpretations seem rather unreasonable.

  • Lia Lang
    1 year ago

    This firm can be described as a scam. They seem to go out of their way to avoid paying out, often coming up with excuses to deny your withdrawal requests and even terminate your account. It feels like they are breaking their own rules just to skip payout processing. Additionally, the support team is of no help at all. Overall, it’s nothing more than a fraudulent outfit posing as a legitimate prop firm.

  • Bret Crist
    1 year ago

    I’ll keep this brief: I traded for a few weeks during the challenge phases, sticking to executing one trade each day. My risk per trade was set at 1.7%. Then, out of the blue, I received an email claiming I had breached the daily drawdown limit of 5%. With years of trading experience under my belt, I certainly understand when I’ve lost that much in a single day—and I can assure you, I have never exceeded a 1.7% loss within a trading day. This accusation just doesn’t add up.

    I reached out to their support team multiple times, but I struggled to receive any assistance from them.

    In summary, it feels like they are intentionally scamming people who participate in their program.

  • Bettie Wiegand
    1 year ago

    I ran into some issues with my initial payout, but KHALIFA came to the rescue, assisting me in securing that payout in just a matter of minutes. Thanks a lot for the straightforward guidance!

  • Allie Gibson
    1 year ago

    I just completed my first week with Funded Traders and encountered a problem with a few trades. I reached out via their live chat, and CED replied in under a minute. I was impressed by the professionalism of the responses; they genuinely took the time to grasp my issue rather than just dismissing it. To my surprise, they resolved the problem much quicker than I anticipated, literally within minutes. I’m really grateful for their attentive support and the care they showed regarding my concerns.

  • Wilfrid Lakin
    1 year ago

    I took advantage of the BOGO deal, intending to secure two funded accounts for the price of one. However, after I made the payment, I never received any account information. When I reached out to customer support, they informed me that it would take 6 to 18 business days to get everything sorted. It’s now been two months, and I’m still waiting for the accounts to be created. It’s quite disappointing and frankly, feels a bit shady.

  • Gardner Stark
    1 year ago

    Mr. Obiwan provides outstanding support, consistently quick and cooperative. I have no complaints regarding him or Funding Traders.

  • Theodora O'Connell
    1 year ago

    This trading firm is among the best in the proprietary trading space and comes highly recommended for traders. A big shoutout to Ebi for the excellent experience!

  • Caleigh Keebler
    1 year ago

    I had an amazing experience with the Funding Traders prop firm. The customer service from Pat and Obi was exceptional; they really went above and beyond. The trading environment was not just good, it was fantastic, allowing for a truly engaging experience.

  • Opal Bednar
    1 year ago

    I believe FUNDING TRADERS is poised to become one of the leading proprietary trading firms. My own experience has been fantastic, largely thanks to the dedicated support. Obiwan was consistently available to help me whenever I needed guidance.

  • Horacio Padberg
    1 year ago

    I divided my position into three separate entries, which meant my total risk was only 1%. However, this led to me being classified as using the high-risk Martingale strategy. As a result, my payout request for several thousand dollars was denied, and my funded account was deemed a failure. It truly feels like this firm is unwilling to honor payouts.

    I can assure you that my transaction history is completely legitimate, with no fraudulent activity. It’s worth noting that this company often promotes numerous discount codes to lure in customers, yet when it comes time to cash out after earning profits, they suddenly refuse to process your payout.

    I ended up wasting an entire month of trading opportunities because of this situation. Interestingly enough, other firms that replicated my trades had no issues with my strategy and were more than willing to pay me out…

  • Tiana Nitzsche
    1 year ago

    I would honestly give this platform a rating below one star if that were an option. As a certified professional trader with experience in various organizations, I can say this has been the most disappointing experience I’ve had in my trading career. The way the platform doesn’t alert candidates about errors until after they’ve completed Phases 1 and 2 is just a huge waste of time.

    On top of that, their no-tolerance policy for mistakes—without any warnings or allowances for minor issues—makes things even tougher. Sure, I get that rules are important, but there are definitely other firms out there providing much better terms for trading services. Personally, I can’t recommend this platform to anyone.

    Imagine passing your evaluation only to be told you failed. It’s frustrating. Other platforms out there will give you a fair chance. Think about where you invest your time.

  • Sonya Spencer
    1 year ago

    I just received my first payment from this firm, and I must say, I’m impressed! While they do enforce specific trading rules, I found that these guidelines actually helped me reach that payment milestone. They definitely instill a sense of discipline. However, the withdrawal process can be a bit slow, which is inconvenient. It would be great if they could work on speeding it up! I also want to give a shoutout to their support team—Khalifa and Ced, thank you for your help!

  • Jamaal Halvorson
    1 year ago

    Overall, there’s not much about this firm that stands out as exceptionally positive. They do offer ongoing discounts, which is beneficial for your finances, but this also suggests they’re trying hard to draw in more traders. Additionally, they allow the purchase of larger accounts, but I think that’s largely due to their stringent set of rules. Unfortunately, my experience with the funded accounts wasn’t pleasant; I was denied funding after successfully completing the challenge because I breached the consistency rule—one stop exceeded the 2% max limit by just 0.05%.

    Their rules are often perplexing. For example, consider the Martingale rule: traders are not allowed to add to a losing position more than once, which limits the viability of many trading strategies. Furthermore, their 1-step program stands out as the worst I’ve encountered. Not only does it reduce your daily loss limit to 4% and a maximum loss to just 5%, but also the strange part is that this maximum loss is tied to your balance. So, if you make a 3% gain in a day but then take a 1% loss, your max loss still feels like 4%—despite being overall profitable in a broader sense.

    This situation creates a constant feeling of psychological pressure, as you can’t afford to take larger positions with wider stop-losses, since it seems your risk always edges you closer to losing your account. It feels like a trap, really, since the distinction between their 1-step and 2-step programs typically revolves around maximum losses. They don’t adjust your account even if you happen to be in profit but discover these tricky rules.

    In my opinion, there’s little reason to opt for this proprietary firm. They’ve established numerous regulations that can easily work against you.

  • Darryl Rolfson
    1 year ago

    I’m really pleased that the support team took the time to listen to my concerns and understood my situation well. Their assistance made a big difference for me. One impressive aspect is their response time; quick replies definitely enhance customer satisfaction. I also encountered an issue with my MT5 account. When I reached out for help, “Kraken” responded swiftly and resolved my problem. Now, I’m quite content with the outcome!

  • Myriam Schumm
    1 year ago

    I want to express my gratitude to Funding Traders. I recently received my second payout on a $100K account. After several tough months where it felt like the account was nearly wiped out — with just a few dollars remaining — I refused to throw in the towel. Instead, I persevered and ultimately found a way to turn things around. I’m really thankful to Funding Traders for recognizing the effort I put in.

  • Vivianne Fay
    1 year ago

    I really appreciate the support I get from the staff at this trading firm. A special shoutout goes to Kid, who always takes the time to address any questions I have. Thank you all for your help, and I wish you continued success—you truly are the best!

  • Andres Murphy
    1 year ago

    This firm is nothing but a scam! After I finished phase two and got a congratulatory email, they took it all back, claiming I exceeded my limit by just $5. The experience was all too familiar, mirroring what others have said in their one-star reviews. Do yourself a favor and steer clear! Don’t waste your time or money here!

  • Amie Spencer
    1 year ago

    The support team is fantastic. I reached out to a manager named CED, and I was amazed by how quickly I got a response—within just five minutes! They managed to resolve all of my issues in less than an hour.

  • Rosemarie Christiansen
    1 year ago

    The evaluation process has gone smoothly, and I’m pleased with how the funded step has turned out so far. After just a bit of additional time, I’ve successfully received my first payout. There were some challenges in managing the withdrawal, but thanks to Magnesium, everything got sorted out quickly and efficiently. The support team is impressively prompt and responsive.

  • Roxanne Block
    1 year ago

    This firm stands out as perhaps the largest scam in the proprietary trading industry. After successfully completing the Phase 2 evaluation, I was let down when they labeled my trades as Martingale. However, I opened those positions simultaneously, and I have proof to back that up. If you’re looking to avoid wasting your money, it’s best to steer clear of this firm. Most reviews you see online appear to be either fabricated or written by their own members.

  • Emory Jaskolski
    1 year ago

    I highly recommend Funding Traders to anyone looking to embark on their trading journey!

    My experience with the Dxtrade broker platform has been nothing short of excellent; it functions seamlessly.

    When I reached out to customer support, I was assisted by Billy, who provided prompt and helpful responses within just a few minutes.

    I’m excited about the prospect of becoming an affiliate soon!

  • Jadyn Wolff
    1 year ago

    Avoid wasting your time and resources on this deceptive firm. They seem to actively seek ways to ensure your failure. I successfully completed the first and second phases of four $25,000 accounts, yet I was wrongfully accused of trade copying. The positions I had taken were all manually entered JPY pair swing shorts that I held for several weeks. With the fourth account, since there was a slight difference in entry prices, they accused me of news trading to invalidate that account. It’s absolutely ludicrous. Interestingly, perhaps out of shame for their unethical practices, they did issue a refund for that account.

    This firm employs predatory tactics, luring new traders with significant discounts, such as 40% to 50% off, only to exploit them. Initially, these prop firms operated with reasonable parameters, like a 5% daily drawdown and a total of 10%. Now, they’ve created an array of rules designed specifically to catch traders off guard. In my experience, I didn’t violate any regulations, but they identified me as a capable trader and evidently decided they didn’t want the liability of paying out.

    It’s crucial to pay attention to these negative reviews and save your hard-earned money. Do not bother disputing anything with them; they simply won’t respond. I have no doubt this firm is on the brink of collapse.

    To others who might consider purchasing their challenge, be sure to recover your money through your credit card company if they pull anything on you. Trust me; they will!

    The accounts where I faced issues include 8561, 8563, 8560, and 8568.

  • Jazlyn Rodriguez
    1 year ago

    I wanted to take a moment to express my gratitude for the assistance I received from a support representative named Saint. They were incredibly helpful and made the process so much smoother for me. Thank you, Saint, for being so accommodating!

  • Della Kunde
    1 year ago

    I managed to log into my account with some help from support representative Pat.

  • Raphael Kuhic
    1 year ago

    I had a chance to interact with a support staff member named Pat, and I must say, my questions were handled quite well. I was pleased with the level of service provided.

  • Peter Stanton
    1 year ago

    Ebi was instrumental in setting up my account, and I truly appreciated the assistance I received. The support team at Funding Traders was not just helpful; they went above and beyond in providing excellent customer service.

  • Garry Nikolaus
    1 year ago

    Obiwan was incredibly helpful. After dealing with a support representative named Ebi, who just wasn’t meeting my needs, Obiwan stepped in and truly saved the day.

  • Turner Tromp
    1 year ago

    The enforcement of the Consistency Rule is questionable and seemingly misrepresented in the contract. Traders should proceed with caution. My interactions with support led to confusion, as they provided one set of information but enforced the opposite. I have documented evidence of these discrepancies and will be uploading it shortly.

    I’ve reached out to AFCA, Australia’s regulatory authority, to address these concerns. This firm does not operate fairly; a glance at recent reviews will show that accounts are being canceled based on poorly defined rules. Despite having made a substantial profit and being on the verge of passing the evaluation, I was informed that I had violated the consistency rule. However, I can confidently state that I did not incur a loss of 2% on any asset.

  • Loma Robel
    1 year ago

    I’ve recently secured an account and I’m using it for the first time. The game moderator, Obiwan, has been really cheerful and helpful throughout my gaming experience. He’s also been great at keeping the Discord server running smoothly. So far, everything’s been pretty seamless. I’ll keep you updated if anything changes!

  • Jacinthe Gibson
    1 year ago

    I had several questions, and when I jumped into the live chat, Ced was right there to assist me. He promptly helped with everything I needed and made sure to address all my concerns. The customer service was really impressive!