Situated in the United Arab Emirates, Funding Traders is a budding firm with less than a year's presence, and is led by CEO Stan. The firm chooses MT5 for their platform and has partnered with FXCH as their broker. With account sizes ranging from $10,000 to $300,000, Funding Traders targets a wide spectrum of traders. The firm's structured evaluation framework consists of Step 1 and Step 2 challenges. Funding Traders sets profit targets of 10% for the 1-step evaluation and 10% for Phase 1 and 5% for Phase 2 in the 2-step evaluation. The maximum total drawdown ranges from 5% to 10% across challenges. The inclusion of a wide array of trading instruments such as FX, Crypto, Stocks, Indices, and Metals enables Funding Traders to offer opportunities for traders to engage in diverse market scenarios. FX trading is provisioned with up to 1:100 leverage in both the 1-step and 2-step evaluations, Indices and Gold trading are available at a leverage of up to 1:50, and Crypto is offered with a leverage of up to 1:5.
1-Step:
2-Step:
CBT Limited:
The consistency rule will now be automated. This is only for consistency rule breaches that violated it in 1 trade (losing 2% of initial account balance in 1 trade - both floating and closed). A detection will result into an automatic account terminationIn the past, this was done during account review - which gave us the flexibility to see whether it was violated abusively or by mistakeHowever, this caused two problems: (1) Traders not being fully aware of the consistency rule, (2) Traders continuously violating it with the retake accounts—
Recently, we have had traders bypassing this rule by opening a trade within 2 minutes after losing on the same trade and directionWith this, we're adding a new clause:
(Given that the trades are on the same symbol and direction)
1-Step:
2-Step:
CBT Limited:
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The Price is Cost Effective.
The Slippage is more as compared to other firms and also they dont allow news trading they have a 4 minutre break window
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My funded account of almost 5 months was breached unexpectedly.
My funded account of almost 5 months was breached unexpectedly. My last payout was received at the beginning of December, after waiting 3 weeks. Since then, I've only placed small 0.01 lot trades due to their 30-day inactivity rule and haven't engaged in any other trading. I received an email regarding the termination of my funded account after I reached out to their email support. This was because I qualified for their newly introduced growth plan and requested a 10% account balance increase. A few minutes later, I received the account termination email. This can be verified by looking at the times the emails were sent. My emails were never answered when I inquired about the reason for my account's termination. It seems like the company may have financial issues, based on website traffic and the most recent payout issues/delays
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Thank you for sharing your experience with Alpha Capital. It's reassuring to hear that the dashboard was intuitive and provided all the necessary stats for your trading needs. However, high commissions and delays in receiving credentials post passing Phases 1 and 2 can be frustrating. It's commendable that you didn't experience any slippage in your trades.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
The Price is Cost Effective.
The Slippage is more as compared to other firms and also they dont allow news trading they have a 4 minutre break window
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
My funded account of almost 5 months was breached unexpectedly.
My funded account of almost 5 months was breached unexpectedly. My last payout was received at the beginning of December, after waiting 3 weeks. Since then, I've only placed small 0.01 lot trades due to their 30-day inactivity rule and haven't engaged in any other trading. I received an email regarding the termination of my funded account after I reached out to their email support. This was because I qualified for their newly introduced growth plan and requested a 10% account balance increase. A few minutes later, I received the account termination email. This can be verified by looking at the times the emails were sent. My emails were never answered when I inquired about the reason for my account's termination. It seems like the company may have financial issues, based on website traffic and the most recent payout issues/delays
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
Thank you for sharing your experience with Alpha Capital. It's reassuring to hear that the dashboard was intuitive and provided all the necessary stats for your trading needs. However, high commissions and delays in receiving credentials post passing Phases 1 and 2 can be frustrating. It's commendable that you didn't experience any slippage in your trades.
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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
The Price is Cost Effective.
The Slippage is more as compared to other firms and also they dont allow news trading they have a 4 minutre break window
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.
My funded account of almost 5 months was breached unexpectedly.
My funded account of almost 5 months was breached unexpectedly. My last payout was received at the beginning of December, after waiting 3 weeks. Since then, I've only placed small 0.01 lot trades due to their 30-day inactivity rule and haven't engaged in any other trading. I received an email regarding the termination of my funded account after I reached out to their email support. This was because I qualified for their newly introduced growth plan and requested a 10% account balance increase. A few minutes later, I received the account termination email. This can be verified by looking at the times the emails were sent. My emails were never answered when I inquired about the reason for my account's termination. It seems like the company may have financial issues, based on website traffic and the most recent payout issues/delays