Funded Trader Markets Review

Three kinds. 1 Step Nitro is a one-step evaluation from $5,000 to $300,000. 2 Step Plus is a two-step evaluation from $5,000 to $200,000. Instant Funding skips the evaluation and comes in three versions, Standard, Pro and Plus, each from $5,000 to $100,000. Every account is a one-time fee with no activation fee, and FTM also releases limited-time programs through its Launchpad.

Regular fees for 1 Step Nitro are $80, $116, $236, $480, $622, $1,096 and $1,622 for $5K to $300K. 2 Step Plus is $100, $152, $392, $784, $997.50 and $1,872.50 for $5K to $200K. Instant Standard is $52 to $723, Instant Pro $43 to $600 and Instant Plus $62 to $884 for $5K to $100K. FTM runs discounts of 45% to 75% most of the time, so checkout prices are usually far lower.

Reach 10% profit in one step, with no time limit and no minimum trading days. The daily limit is 4% of the initial balance (3% on the $300,000 account), measured from the higher of balance or equity at 5 PM ET. The overall limit is 6% of the initial balance trailing your highest balance, and it locks at the starting balance once you are 6% up. No single day may make more than half the profit target.

Make 8% in Phase 1 and 5% in Phase 2, trading at least 3 days in each phase, with no time limit. The daily limit is 4% of the initial balance and the overall limit is a static 10% below the starting balance. There is no consistency rule in either phase or once funded.

None has a profit target, and all three have a 3% daily limit, an 80% split and a 15% consistency rule. The difference is the overall limit, which trails your highest balance: 5% on Instant Standard, 3% on Instant Pro and 6% on Instant Plus, where it locks once you are 6% up. Instant Plus also carries the Shield Risk Protocol's 1% floating-loss limit. On Instant Standard the drawdown resets to the start after a full withdrawal, and partial withdrawals are not allowed.

1 Step Nitro pays 90% on the first $10,000 of profit across your evaluation accounts, then 80%. 2 Step Plus pays 70% by default, or 90% with a free add-on chosen at checkout that applies the Shield Risk Protocol during the evaluation as well. Instant accounts pay 80%. Free accounts from giveaways are always paid 80%.

A floating-loss limit on 2 Step Plus funded accounts and Instant Plus accounts: open losses may not exceed 1% of the balance. Hitting it closes every position and lowers your split, to 50% on the first breach, 40% on the second, 30% on the third and 20% for good on the fourth.

On demand, with no fixed payout dates, once you have traded 5 days with at least 0.5% profit each, have at least 1% of the initial balance in profit and meet your program's consistency rule. FTM pays within 24 business hours, 8 AM to 5 PM ET on weekdays; if it misses that on a reward up to $1,000, it doubles the reward and gives you a free account of the same size.

In USDT on the Tron (TRC20) network, or through Rise, which pays out in crypto or by bank transfer. Crypto rewards carry a 5% processing fee taken from your share. Your Rise name must match your FTM account, and a wallet or email shared with another FTM user can forfeit the reward.

MetaTrader 5, cTrader, Match-Trader and TradeLocker. MetaTrader 5 and cTrader are not offered to US residents, who trade on Match-Trader or TradeLocker.

76 instruments: 27 forex pairs, gold and silver, 2 commodities, 6 indices and 39 cryptocurrencies. Forex, metals and commodities cost $7 per lot; indices and crypto have no commission, and every instrument is swap-free. Leverage is up to 1:100 on forex, 1:30 on commodities in the evaluation (1:20 funded), 1:5 on Bitcoin and Ether and 1:2 on other crypto.

Yes. News trading is allowed in every program, and trades can be held overnight and over the weekend. EAs and bots are allowed except high-frequency, news-scalping, tick-scalping, arbitrage, reverse-trading and demo-exploit bots. Opening and closing trades within seconds of FOMC, NFP or CPI releases counts as news scalping and is prohibited.

Hedging across your own accounts or other firms, copy and group trading, account management or passing services, account sharing, arbitrage and tick scalping. Profits from trades closed within one minute are voided on funded accounts, and in the evaluation more than 20% of profit from such trades means retaking the challenge. Martingale and layering are allowed only within one account. Accounts with no activity for 30 days can be closed.

Within 14 days of purchase, if you have not started trading the account. After that the fee is non-refundable, but evaluation accounts (not Instant Funding) earn a bonus equal to the fee with their third reward.

FTM Funded Trader Markets LTD, registered in Nicosia, Cyprus, which trades as Funded Trader Markets. Formed Technologies INT FZCO in Dubai is the contracting entity for clients, and the Terms are governed by Cypriot law. FTM is not available in Cuba, Syria, Iran, Lebanon, Iraq, Yemen, North Korea, Russia, Cyprus, Myanmar, Belarus or Vietnam.