TraderFunder Review
Summary
TraderFunder is a modern proprietary trading firm that aims to provide traders with access to substantial capital and reliable support. The firm officially launched its platform in May 2022, taking a cautious approach to growth while adapting to the proprietary trading industry. By June 2023, TraderFunder had fully established itself as a serious contender in the prop trading space, proudly positioning itself as one of the most reliable firms in the industry.

TraderFunder offers two main evaluation programs: the 1-Step Challenge and the 2-Step Challenge. These programs are designed to assess traders’ skills and provide them with the opportunity to trade with the firm’s capital. The 1-Step Challenge offers a direct path to a funded account with a 10% profit target, while the 2-Step Challenge provides a more gradual approach with two phases. Both programs are available in account sizes ranging from $10,000 to $100,000, with one-time fees varying based on the account size.
TraderFunder distinguishes itself by not imposing time limits on its challenges, allowing traders to progress at their own pace without unnecessary pressure. The firm also supports a variety of popular trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, DxTrade, and Match-Trader, catering to different trader preferences and styles. Additionally, TraderFunder offers an attractive 80% profit split for traders on funded accounts, which is competitive within the industry.
While TraderFunder doesn’t offer a traditional scaling plan, it provides a unique approach to account growth. Traders can manage an unlimited number of funded accounts simultaneously, allowing successful traders to significantly increase their earning potential by applying their strategies across multiple accounts.
The firm emphasizes customer satisfaction and support, offering dedicated assistance through email and a Discord community. TraderFunder also provides a comprehensive knowledge base and FAQ section to help traders navigate their journey with the firm.
Let’s examine the specific features, conditions, and programs offered by TraderFunder to get a more detailed understanding of what this prop firm has to offer traders.
TraderFunder Review
Programs
TraderFunder provides two main evaluation pathways for traders to showcase their skills and earn the opportunity to trade with substantial capital. Here’s a detailed breakdown of these programs.
1-Step Challenge
The 1-Step Challenge is TraderFunder’s fastest and most straightforward path to obtaining a funded account. This program is ideal for experienced traders who are confident in their abilities to meet the target quickly. The challenge consists of a single phase where traders must achieve a 10% profit target while adhering to strict risk management rules.

The 1-Step Challenge is available in four account sizes: Beginner ($10,000), Novice ($25,000), Advanced ($50,000), and Pro ($100,000). Each account size comes with a one-time fee ranging from $100 to $750, depending on the chosen account size. Traders benefit from an 80% profit share, a 6% maximum trailing drawdown, and a 5% maximum daily loss limit. Notably, there is no time limit or minimum trading days requirement, allowing traders to progress at their own pace.
2-Step Challenge
The 2-Step Challenge offers a more gradual approach to becoming a funded trader. This program is structured in two phases, making it suitable for traders who prefer a step-by-step evaluation process. In the first step, traders aim for an 8% profit target, while the second step requires a 5% profit target. It offers the same account sizes as the 1-Step Challenge, with one-time fees ranging from $100 to $500.

The maximum drawdown for this challenge is fixed at 8% (non-trailing) with a 5% daily loss limit. Like the 1-Step Challenge, there are no time constraints or minimum trading days. This program allows traders to demonstrate consistent performance over a longer period, potentially reducing the pressure associated with a single-phase evaluation.
Both challenges offer leverage up to 1:30, providing traders with significant trading power. Upon successfully completing either challenge, traders gain access to a funded account where they can withdraw 80% of their trading gains.
TraderFunder Review
Conditions
TraderFunder has established a set of conditions that traders must adhere to during both the evaluation and funded account phases to ensure responsible trading and effective risk management. Let’s explore these conditions in detail.
Drawdowns
TraderFunder implements a maximum drawdown rule to protect both the trader and the firm from excessive losses. For the 1-Step Challenge, the maximum trailing drawdown is set at 6% of the account balance. This trailing drawdown is calculated using the closed balance, not the equity. It’s worth noting that once a trader achieves a 6% return on their account, the maximum trailing drawdown becomes locked at the starting balance, providing more flexibility for profitable traders. For the 2-Step Challenge, the maximum drawdown is fixed at 6% with no trailing feature. This means that regardless of account growth, the drawdown limit remains constant throughout the challenge.
Profit Targets
The profit target varies depending on the challenge type. For the 1-Step Challenge, traders must achieve a 10% profit target to pass the evaluation. The 2-Step Challenge has a slightly different structure, with an 8% profit target for the first step and a 5% profit target for the second step. These targets are designed to demonstrate a trader’s ability to generate consistent profits while managing risk effectively.
Trading Days and Inactivity
TraderFunder doesn’t impose a minimum number of trading days, allowing traders to progress at their own pace. However, there is an inactivity rule to ensure accounts remain active. If an account has no trading activity for 30 consecutive days, it will be considered inactive and may be breached. This rule encourages regular engagement and prevents dormant accounts.
Permitted Strategies
TraderFunder allows a wide range of trading strategies, giving traders considerable flexibility. Traders can use manual trading methods, technical analysis, fundamental analysis, and even automated trading systems or Expert Advisors (EAs). The firm permits holding positions overnight and over weekends, allowing short-term and longer-term trading strategies. News trading is also allowed, although there are specific rules around trading during major news events to prevent exploitation of potential price spikes or volatility.
Prohibited Strategies
However, TraderFunder strictly prohibits certain trading practices to maintain the integrity of their program and protect both the firm and its traders. Prohibited strategies include exploiting latency or arbitrage opportunities, using insider information, and front-running trades. High-frequency trading is not allowed, nor are manipulative trading practices that could jeopardize TraderFunder’s relationship with its liquidity providers. The firm also forbids trading in conjunction with other traders in a way that increases risk for the company. TraderFunder prohibits using third-party strategies or off-the-shelf systems marketed to pass challenge accounts. Additionally, traders cannot use one strategy to pass an assessment and then switch to a different strategy in a funded account.
It’s important to note that TraderFunder reserves the right to review all trading activity before providing a funded account. If any prohibited trading is detected, the trader’s participation in the program may be terminated, potentially including forfeiture of any fees paid. The firm also
Payouts
Traders can request their first withdrawal at any time after achieving funded status. Subsequent withdrawals can be made every 30 days. TraderFunder offers an attractive profit split, with traders keeping 80% of their gains. Withdrawals are typically processed through crypto wallets, such as Rise, which can then be transferred to a bank account or another destination of choice.
Scaling Plan
Unlike some other prop firms, TraderFunder does not offer a scaling plan for account growth. However, they compensate for this by allowing traders to have an unlimited number of accounts. While it’s not permitted to have multiple challenges of the same account size simultaneously, once funded, traders can maintain multiple funded accounts of the same size.
Refund Policy
TraderFunder’s refund policy is straightforward: there are no refunds on any services purchased from the company. This policy underscores the importance of carefully considering the commitment before entering into a challenge or funded account agreement.
TraderFunder Review
Features
| Maximum capital | $100,000 |
| Profit split | Up to 80% |
| Scaling | No |
| News trading | Yes |
| Weekend trading | Yes |
| Automated trading | Yes |
| Free trial | No |
| Maximum leverage | 1:30 |
TraderFunder stands out in the prop trading industry with a range of unique features to enhance the trading experience and support trader success. Here’s an in-depth look at these features.
Trading Platforms
- MetaTrader 4 (MT4): MT4 is one of the most popular trading platforms in the forex industry. It offers a user-friendly interface with advanced charting capabilities, automated trading through Expert Advisors (EAs), and a wide range of technical indicators. MT4 supports multiple chart types, including candlestick, line, and bar charts. It allows traders to open up to 100 charts simultaneously, enabling comprehensive market analysis. The platform is known for its stability, fast execution speeds, and the ability to customize indicators and EAs using the MQL4 programming language.

- MetaTrader 5 (MT5): MT5 is the next-generation platform from MetaQuotes, building upon the success of MT4. It offers enhanced features such as 21 different timeframes for chart analysis, an economic calendar, and access to a wider range of financial instruments including stocks and futures. MT5 supports more advanced order types and uses the more powerful MQL5 programming language for creating custom indicators and trading robots. The platform also provides a depth of market feature, allowing traders to see the volume of buy and sell orders at different price levels.

- cTrader: cTrader is known for its modern, intuitive interface and advanced trading capabilities. It excels in both trade execution and charting, offering a premium charting experience with highly customizable trading charts and indicators. cTrader supports algorithmic trading through its cAlgo feature, which allows traders to create and use custom indicators and trading robots. The platform is particularly popular among traders who prioritize fast order execution and depth of market analysis. It also offers a unique Level II pricing feature, providing transparency in order execution.

- DxTrade: DxTrade is a versatile trading platform designed for both established and new forex/CFD brokers. It offers tools for client retention, engagement, and risk management. The platform is known for its flexibility, allowing brokers to customize the trading experience for their clients. DxTrade supports multiple asset classes and offers features such as advanced charting, real-time risk management, and multi-device synchronization. It’s particularly suited for brokers looking to expand their offerings or establish a new brokerage with modern trading technology.

- Match-Trader: Match-Trader is an all-in-one trading platform that integrates TradingView charts, offering a powerful combination of advanced charting and trading capabilities. It’s designed with a mobile-first approach, making it particularly suitable for traders who prefer trading on-the-go. The platform offers high performance and security features, making it attractive to both individual traders and forex brokers. Match-Trader supports a wide range of instruments and provides tools for market analysis, risk management, and social trading. Its integration with TradingView charts gives traders access to a vast library of indicators and drawing tools.

Dashboard
One of the standout features of TraderFunder is its trader dashboard. Once you purchase an assessment, you get access to this nifty tool where you can keep tabs on both your assessment and funded accounts. The dashboard updates roughly every 60 seconds, giving you near real-time insights into your trading performance. It’s your responsibility to keep an eye on your breach levels here, so make sure you’re checking in regularly. The dashboard is your command center, providing a clear overview of your progress towards targets, current drawdown levels, and other crucial metrics.
Support
When it comes to support, TraderFunder has got your back. They offer email support for those times when you need a bit of help or have questions about your account. But that’s not all – there’s also a Discord community where you can connect with other traders, share experiences, and maybe pick up a few tips along the way. This combination of official support and community interaction can be invaluable, especially when you’re navigating the sometimes tricky waters of prop trading.
Knowledge Base
TraderFunder doesn’t just throw you into the deep end and wish you luck. They’ve set up a pretty comprehensive knowledge base to help you out. There’s a FAQ section on their website that covers a wide range of topics, from account setup to trading rules. They’ve also laid out clear rules and guidelines for trading, which is crucial for understanding what you can and can’t do with your account. This resource is a goldmine of information, helping you avoid common pitfalls and maximize your trading opportunity.
Broker Integration
Regarding executing your trades, TraderFunder has partnered with Eightcap as their liquidity provider. This integration means you’re trading with a reputable broker, which can give you peace of mind about the execution of your trades and the security of your funds. The partnership with Eightcap also means you’re getting access to a wide range of tradable instruments across various asset classes, giving you plenty of opportunities to showcase your trading skills.
Unlimited Account Scaling
TraderFunder’s unique scaling approach allows traders to manage unlimited funded accounts simultaneously rather than offering traditional account size increases. After passing a challenge, traders can take on additional challenges and manage multiple funded accounts of various sizes. This system enables skilled traders to significantly boost their earning potential by applying successful strategies across multiple accounts.
TraderFunder Review
Conclusion
In conclusion, TraderFunder is a solid prop trading firm that offers a range of attractive features for both new and experienced traders. With their flexible challenge structure, high profit splits, and no time limits, they’ve created a trader-friendly environment that caters to different trading styles and preferences. The unlimited account scaling is a unique feature that sets them apart, allowing successful traders to really maximize their earning potential. Their commitment to transparency and reliable payouts is also a big plus, giving traders peace of mind. The variety of supported trading platforms is another strength, ensuring that traders can use the tools they’re most comfortable with. While there aren’t any major red flags, it’s always a good idea to thoroughly review the terms and conditions before diving in. Overall, TraderFunder is definitely worth considering if you’re looking for a prop firm that offers a good balance of opportunity, flexibility, and support.
TraderFunder Review



