Owned by Joran Van Lakwijk and Joek Broos, Funds for Traders is a new prop firm registered in the Netherlands.
What Trading Platforms Does Funds For Traders Offer?
DXtrade and Eightcap are two platforms you can use at Funds for Traders.
Trading Instruments at Funds For Traders
At Funds for Traders, you can trade instruments like:
- Crypto
- Forex
- Stocks
- Metals
- Indices
Payment Methods at Funds For Traders
The available payment methods at Funds for Traders are Crypto and Credit Cards.
Exploring Account Size Options at Funds For Traders
Funds for Traders offers nine account sizes:
- $500
- $1000
- $2000
- $5000
- $10,000
- $25,000
- $50,000
- $100,000
- $200,000
Contact Funds for Traders
Contact Funds for Traders via:
- Live chat
- By submitting a form
- Email: [email protected]
- Social media accounts
How Funds For Traders Shares Profits
Fund for Traders shares their profit up to 90%. You get an 85% profit split with the second payout. All following payouts come with a 90% profit split.
Setting the Bar: Profit Targets at Funds For Traders
The profit target for the 1-Phase challenge is 10%.
The first step of the 2-Phase challenge has an 8% profit target. The second step has a 5% profit target you’ll need to reach.
The 3-Phase challenge’s first step has an 8% profit target. The next two steps have a 5% profit target.
Drawdown Rules and Loss Limits at Funds For Traders
The maximum total loss for each challenge is:
- 6% for the One-Step challenge
- 10% for the Two-Step challenge
- 10% for the Three-Step challenge
The maximum daily loss for each challenge is:
- 4% for the One-Step challenge
- 5% for the Two-Step challenge
- 5% for the Three-Phase challenge
Number of Trading Days Allowed
You’re allowed to trade as much as you want at Funds for Traders. The 1-Step challenge has only a minimum of 5 trading days.
Cost of Entry for Funds For Traders Challenge
1-Step Challenge
| Starting Amount | Cost |
|---|---|
| $500 | $11 |
| $1000 | $20 |
| $2000 | $30 |
| $5000 | $112 |
| $10,000 | $200 |
| $25,000 | $375 |
| $50,000 | $525 |
| $100,000 | $778 |
| $200,000 | $1482 |
2-Step Challenge
| Starting Amount | Cost |
|---|---|
| $500 | $7.50 |
| $1000 | $13.50 |
| $2000 | $20 |
| $5000 | $75 |
| $10,000 | $135 |
| $25,000 | $250 |
| $50,000 | $350 |
| $100,000 | $499 |
| $200,000 | $949 |
3-Step Challenge
| Starting Amount | Cost |
|---|---|
| $500 | $5 |
| $1000 | $10 |
| $2000 | $15 |
| $5000 | $55 |
| $10,000 | $102 |
| $25,000 | $188 |
| $50,000 | $263 |
| $100,000 | $375 |
| $200,000 | $712 |
Fees and Commissions: What to Expect at Funds For Traders
The commission per standard lot at Funds for Traders is $7. You’re also charged $3.50 for each time you open and close a position.
Information on Refunds at Funds For Traders
There are no refunds on fees at Funds for Traders.
Free Trials
Funds for Traders offers a $100k account as a free trial option. This is a great opportunity to try a challenge before you decide to buy.
Payout Timeline at Funds For Traders
You can request a payout at Funds for Traders 30 days after your first placed trade. All following payouts are done bi-weekly.
Weighing the Pros and Cons of Funds For Traders (According to Trustpilot reviews)
- Affordable accounts
- Excellent trading conditions
- Reliable prop firm
- Good customer support
- New proprietary firm
Funds For Traders FAQ Section
Funds for Traders doesn’t charge monthly fees.
Yes.
Funds for Trader allows news trading.
You can’t withdraw evaluation profits
During the evaluation process, you need to trade without losing or risking capital. The first payout is sent after 30 days. The following payouts are sent every two weeks.
Strategies like scalping, arbitrage, and high-frequency trading are not allowed. Using these strategies, you risk getting your account deleted.
If you achieve consistent profitability, your account may be increased by 25%, up to 1 million.
