TraderFunder reviews are absent on the Forex Peace Army, which is a downside. On Trustpilot, the firm has around 100 reviews and most of them are very positive (5-star ratings), indicating that traders have a good experience with the firm. All trading services are backed by regulated liquidity providers, which is always a positive sign. However, the firm was launched in 2023, which makes it very young and inexperienced in the prop trading industry, a slight downside. All funded accounts are simulated or demo accounts, which is a minor drawback. 

The firm gets a 1.5 score in this section as it has positive trader reviews, indicating its reliability, but still lacks other important safety aspects. 

TraderFunder funded programs are diverse and include 1-step and 2-step challenges for both Forex and Cryptos. This is attractive as trailers can select dedicated funded challenges for cryptos. The TraderFunder funding options are exactly the same for all funded account types. The exact list of funding options for TraderFunder challenges includes 10k, 25k, 50k, and 100k USD amounts, which is not diverse. There are no smaller accounts below 10k for beginners, which is a downside. There are also no accounts beyond 100k, which is not very attractive for seasoned traders who might want to access substantial capital. 

TraderFunder scaling plan is not available, which is a serious downside. However, traders are allowed to control multiple funded accounts with a maximum of 1 million USD in virtual funding. 

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

TraderFunder prop trading assets include Forex pairs (majors and minors), oils, precious metals, indices, and cryptos. There are no other asset types such as stocks or futures available, and from commodities, traders can only access metals and energies. The maximum leverage is up to 1:30 for FX pairs, 1:20 for metals, 1:10 for indices, 1:5 for oil, and 1:2 for cryptos.

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

TraderFunder rules are slightly different for each account type. Let’s list the main requirements to have a clear understanding of how competitive the firm is in the rules department.

The 1-step TraderFunder standard challenge requires the following:

• Profit target - 10%
• Daily loss limit - 5%
• Maximum drawdown - 6%

The 2-step TraderFunder standard challenge has the following fees:

• Profit target - 8%, 5% (phase 1 and 2)
• Daily loss limit - 5%
• Maximum drawdown - 8%

The 1-step TraderFunder crypto challenge has the following rules:

• Profit target - 10%
• Daily loss limit - 3%
• Maximum drawdown - 6%

The 2-step TraderFunder crypto challenge requires traders to follow:

• Profit target - 9%, 6% (phase 1 and 2)
• Daily loss limit - 3%
• Maximum drawdown - 9% 

News trading is strictly prohibited and traders must not open a new trade 3 minutes before or after the major economic news. Traders are allowed to trade on weekends, which is flexible for crypto traders. However, having open trades for other markets is not allowed. 

As a result, the firm gets a 0.5 score in this section for having very strict rules. 

The pricing is very competitive, starting from 100 dollars for 10k challenges of all types. The 100k challenges cost 750 and 500 USD for 1-step and 2-step accounts, and 1050 and 900 for crypto 1-step and 2-step challenges. There are no fees charged for trading, but spreads are higher than 0 pips. 

TraderFunder free trial is not available and the TraderFunder free repeat is not offered either, which is a downside. Traders are unable to test trading conditions before they purchase trading accounts, which is disadvantageous. There are no fees on withdrawals, which is flexible. 

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

The firm offers access to diverse trading platforms including cTrader, MetaTrader 4, MetaTrader 5, DXTrade, and Match-Trader. MT4, 5, and cTrader are super advanced trading platforms that offer both custom indicators and automated trading systems (Expert Advisors or EAs). Mobile trading is available as well. Traders are allowed to use EAs which are flexible.

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

TraderFunder profit split is 80% on all challenges. There are no commissions on withdrawals, but it takes a long time for payments to get processed, which is a minor downside. There is no possibility to access a 90% profit split, which is disadvantageous. 

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

There are no educational materials offered by the firm, except for TraderIQ. This allows traders to develop strategies with the help of an AI chatbot. There are no webinars, video guides, or trading courses offered and there is no trading blog either, which is a serious downside. The firm does not offer any tools.

As a result, TraderFunder only gets a 1 score in this section. 

The firm only offers a Discord live chat, which is less convenient than live chat. There is no email support provided, which is a huge red flag. The firm does not offer phone support either, which is also a red flag. Both the website and support are not provided in multiple languages. 

Overall, the firm gets a 1.2 score in this section.