There are no Funded By Traders reviews on the Forex Peace Army (FPA), which is a red flag. So we switched to Trustpilot, where the firm has around 30 reviews, most of which are positive. However, we can not evaluate traders' experience with this small number of trader reviews. The firm was established in 2024, which makes it fairly young and inexperienced in the prop trading industry. All funded challenges are simulated accounts and trading services are not backed by regulated brokers, which is a red flag. 

The firm gets a 0 score in this section as it falls short in all safety metrics.

Funded By Traders funded programs are diverse and include 1-step, 2-step, and instant funded account types. The Funded By Traders funding options are similar for 1-step and 2-step challenges and include 5k, 10k, 25k, 50k, and 100k USD amounts. The list of funded options for the instant Funded By Traders challenge includes 2,500, 5k, 10k, 25k, and 50k USD. 

Funded By Traders scaling plan is not available, which is disadvantageous for traders who want to grow their account balance. The firm has a maximum cap on funded accounts and traders can not trade more than 300k USD on several accounts. This is a hard breach rule and traders should be cautious when using several funded accounts. 

Overall, the firm gets a 3 score in this section. 

Funded By Traders prop trading is possible by speculating on several markets including Forex pairs, commodities (metals), index CFDs, and cryptos. The firm does not disclose exact leverage limits for the evaluation phase and funded phase, which is a downside. Traders can not access stock trading either.

The firm gets a 3 score in this section.

Funded By Traders rules are slightly different for different types of accounts. Let’s compare them to see if the firm offers competitive conditions.

The instant Funded By Traders challenge has the following rules:

• Profit targets - None
• Daily loss limit - 4%
• Maximum drawdown - 6%
• Minimum trading days - 3 days
• News trading - Static
• Drawdown type - Permitted

The 1-step Funded By Traders challenges require the following:

• Profit targets - 10%
• Daily loss limit - 4%
• Maximum drawdown - 6%
• Minimum trading days - 0 days
• News trading - Permitted
• Drawdown type - Static

The 2-step Funded By Traders challenges require traders:

• Profit targets - 8%, 5%
• Daily loss limit - 5%
• Maximum drawdown - 8%
• Minimum trading days - 0 days
• News trading - Permitted
• Drawdown type - Static

The static drawdown type is very beneficial. The rules are mostly restrictive, as traders have to follow very tight risk limits while trying to achieve considerable profit targets. 

Overall, the firm gets a 0.9 score in this section.

The pricing is very competitive, starting at 49 dollars for 1-step and 2-step 5k USD challenges. The price for the smallest instant challenge which is 2.5k USD starts at 99 dollars, which is also competitive. Withdrawals incur no fees, and the firm offers discount events to reduce funded account prices further. 

Funded By Traders free trial is offered which is beneficial for traders to check trading conditions via the cTrader demo account, for which the firm provides credentials on its website. 

Funded By Traders free repeat is not available and traders have to pay fees again to start over if they fail the challenge. 

As a result, the firm manages to get the highest, 5 score in this section. 

Prop traders can select between a wide range of choices when it comes to trading platforms. The list of available trading software includes DXTrade, cTrader, and Match-Trader. cTrader is the most capable platform on this list, that offers support for custom indicators and automated trading systems (cBots). Mobile trading is available via mobile apps of these platforms (cTrader). 

The firm gets a 3.9 score in this section. 

Funded By Traders profit split starts from 85% and can reach up to 90%. The firm promises up to 100% payouts, which is a marketing trick and not true. Different challenge types have different profit split percentages:

• 1-Step Evaluation: 85%
• 2-Step Evaluation: 85%
• Instant funding:70% scale up to 90%

The firm is not clear about processing times, which is a downside. There are no fees charged for withdrawals, which is flexible.

Overall, the firm gets a 5 score in this section. 

The firm lacks educational resources as there are no webinars, trading courses, or video guides available. The firm does not provide a trading blog either, which is a downside. There are no tools offered to increase trading accuracy.

As a result, the firm gets a 0 score in this section. 

Customer support is one of the most important factors after safety, and the firm offers live chat and email channels. There is no phone support available, and the firm does not have a dedicated page for support, which is a downside. When it comes to language support, both the website and support are offered in more than 5 languages, which is very flexible. 

In the end, the firm manages to get a 3.8 score in this section.