Funded Traders Global Forex prop firm review

Funded Traders Global Forex prop firm review

Funded Traders Global prop firm offers funded accounts with up to 500,000 USD in virtual funds and promises 100% guaranteed withdrawal rates. The firm provides up to 90% profit split, which is very competitive in this sector. The first withdrawal is on demand. There are no consistency rules, and EAs are allowed. The firm offers diverse account types such as 1-step, 2-step, and 3-step with funded options ranging from 5k to 500k USD. The pricing starts from 60 dollars for the smallest 5k account of any kind, which is attractive. 

In this unbiased Funded Traders Global review, we will assess the firm’s safety, rules, funded options and types, pricing, platforms, assets, support, and more.

Pros & cons of Funded Traders Global prop firm

ProsCons
Up to 90% profit split (paid add-ons)Lacks trader reviews despite being launched in 2022
No consistency rules, EAs allowedWeekend trading requires a fee
Access to advanced MT4 and 5 trading platforms No free trial or repeat
Competitive pricing from 60 dollars for 5k challengesMinimal educational resources
 Only email support is available

Quick rating of Funded Traders Global and its features

FPA ScoreNot rated yet
Year founded2022
HeadquartersGrand Rapids, United States
Minimum audition fee60 USD
Fees on withdrawals0 USD
Minimum funded amount5,000 USD
Maximum funded amount500,000 USD
Allowed daily loss4-5%
Profit target10%
Maximum trailing drawdown5-6%
Profit sharing (Payouts)75% (Up to 90% using paid add-ons)
Trading PlatformsMT4, MT5
Available trading marketsForex pairs, commodities, indices, cryptos

Safety of Funded Traders Global

Regarding safety, there are no Funded Traders Global reviews on the Forex Peace Army (FPA) platform, which is a downside. On Trustpilot, the firm has only around 30 reviews, which is very few. However, the firm already managed that 10% of these reviews are 1-star evaluations. The firm was launched in 2022, which gives it a decent experience in the prop trading industry. However, it still did not manage to conduct proper marketing to have more reviews, which is a major red flag. The firm mentions the broker many times, but it never mentions its name, which is a red flag and the firm most likely operates without the broker.

The firm gets a 1.5 score in this section.

Funded Traders Global Funding and Maximum Capital Allocation

Funded Traders Global funded programs are diverse and include 1-step, 2-step, and 3-step models. The list of Funded Traders Global funding options is exactly the same for all three accounts, which is flexible. The funded options for Funded Traders Global challenges include 5k, 10k, 25k, 50k, 100k, 250k, and 500k accounts. 

Funded Traders Global scaling plan is available and allows traders to grow their funded accounts. The profit split can only be increased to 90% by paid upgrades and not via the scaling plan, which is a downside.

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

Funded Traders Global Assets

Funded Traders Global prop trading assets are few and include Forex pairs, commodities (metals, energies), indices, and cryptos. The firm does not offer access to stocks or any other asset types which is a downside and from commodities only gold, silver, and oil are available. The leverage is up to 1:30 for FX, commodities, and indices, cryptos have up to 1:2 leverage. 

As a result, the firm gets a 3 score in this section. 

Funded Traders Global Trading rules and limitations

Funded Traders Global rules are slightly different for each funded account type. 

The 1-step Funded Traders Global challenge requires the following:

  • Profit target - 10%
  • Daily loss limit - 5%
  • Maximum drawdown - 6%
  • Time limits - None

The 2-step Funded Traders Global challenge requires the following:

  • Profit target - 10%, 5%
  • Daily loss limit - 4%
  • Maximum drawdown - 8%
  • Time limits - None

The 3-step Funded Traders Global challenge requires the following:

  • Profit target - 5% (all three phases)
  • Daily loss limit - None
  • Maximum drawdown - 5%
  • Time limits - None

Weekend trading is prohibited unless traders pay a fee to enable it. EAs are allowed, which is advantageous. 

Overall, the firm gets a 1 score in this section.

Funded Traders Global Fees

The pricing starts at the same 60 dollars price market for 5k challenges of any kind, which is very attractive, as traders can select accounts that are most suitable to their experience level and risk appetite. Other funded options from different account types have different pricing, but the starting point is 60 dollars. Spreads are not zero, which makes it difficult to deploy scalping strategies. 

Funded Traders Global free trial is not offered and the Funded Traders Global free repeat is not available either.

As a result, the firm gets a 3 score in this section.

Funded Traders Global Platforms

The firm allows access to MetaTrader 4 and MetaTrader 5 advanced trading software. These platforms allow custom indicators and Expert Advisors (EAs). The firm allows EAs which are flexible. Mobile trading is available via MT4 and MT5 mobile apps.

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

Funded Traders Global Profit-Sharing

Funded Traders Global profit split starts at 75% by default, and traders can get up to 90% using paid add-ons. Withdrawals have no fees which are flexible, but processing times are longer. 

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

Education and trading tools at Funded Traders Global

There is an FTG knowledge bank where traders can access articles of educational content. There are no other materials available like webinars or video content. The firm does not offer a trader blog either, which is a downside. The lack of tools only adds to the inconveniences of this firm’s educational department.

As a result, the firm gets a 1.5 score in this section. 

Customer Support at Funded Traders Global

The support is provided only via an email channel and there are no live chat or phone support options available, which is a red flag. The absence of live chat and phone support makes it very lengthy and difficult to quickly connect with the firm and resolve any issues in time.

Both the website and support are only available in the English language, which is yet another downside.

All in all, the firm only gets a 1.2 score in this section. 

Frequently Asked Questions on Funded Traders Global

Is Funded Traders Global legit?

Funded Traders Global scam is still a possibility as the firm has very few trader reviews and only provides virtual accounts. 

Is Funded Traders Global a good prop firm?

It offers competitive features such as a high-profit split and advanced trading platforms. However, limited support and questionable transparency make it a risky choice. 

What is the minimum Funded Traders Global fee?

The minimum audition fee starts at $60 for a 5k account of any type (1-step, 2-step, and 3-step).