The funded trader account types and differences pose a variety of account types that are tailored to suit varying skill levels and trading methods. The Funded Trader (TFT)is a cutting-edge prop trading platform that provides a variety of account settings to suit traders with varying skill levels and trading goals. TFT, a well-known prop trading firm, offers a variety of challenge models and various funding options. The funded trader account types and differences will be examined in this article.
Let's Pass Your Prop Firm Challenge
We take the burden of passing prop firm evaluations and handle your challenge passing of both phases within 1 month. Contact us today.
The Funded Trader Account Type Landscape
Three main account programs with unique features are available in TFT:
- The Basic Program
- Advanced Program
- The Elite Program
Comparative Account FeaturesĀ
Max Virtual Allocation
- Basic: $400,000
- Advanced: $300,000
- Elite: $600,000
Number of Challenge Programs
- Basic: 1
- Advanced: 3
- Elite: 5
- Basic: 90%
- Advanced: 90%
- Elite: 95%
$100k Challenge Price
- Basic: $578
- Advanced: $519
- Elite: $489
Detailed Program Specifications
One-Step Challenge FeaturesĀ
Performance Parameters:
- No minimum number of trading days
- No time restrictions
- Daily drawdown depending on balance
- Seven-day pullout for the first time
- 8% is the phase 1 profit target.
Profit Sharing Structure
Distribution of Profits:
- 90% profit share is the basic program.
- 90% profit share for the Advanced Program
- The Elite Program Up to 95% of the profits
Compatibility of Platforms
Trading platforms supported includeĀ
- MetaTrader 5,Ā
- cTrader,Ā
- TradingView, andĀ
- NinjaTrader.
Unique Selling Propositions
Features:
- Adaptable assessment procedures
- Various possibilities for account sizes
- Competitive rates
- No time restrictions
- Advanced instruments for risk management
Coverage of Trading Instruments
Supported Markets
- ForexĀ
- Indices
- Futures
- Cryptocurrencies
- Commodities
Approach to Risk Management
Important Techniques for Risk Mitigation:
- Predetermined limits for drawdown
- Scaling depending on performance
- Thorough assessment of traders
- Transparent trading regulations
Pricing Structure
Challenge Account Pricing:
- Accounts At The Entry Level: $489
- Accounts Mid-Tier Level: $519ā$578
- More Advanced Accounts: up to $600
In conclusion
For traders looking for expert funding opportunities, The Funded Trader provides a full trading ecology. TFT distinguishes itself as a flexible platform for prospective professional traders by offering a variety of account kinds with adjustable terms.
The funded trader account types and differences pose creative account structures with aggressive profit sharing, and encouraging trading atmosphere all demonstrate its dedication to trader success.
Frequently Asked Question
1. Which Account Challenge Types Are Available on The Funded Trader?
There are five main challenge kinds offered by The Funded Trader:
- The Standard Challenge
- Rapid Challenge
- The Royal Challenge
- The Knight Challenge
- The Dragon Challenge
2. What Are the Main Distinctions Among Challenges?
Standard Challenge:Ā
- Two-Phase EvaluationĀ
- 21-day payout eligibility
- Drawdown based on equity and balance
Rapid Challenge:Ā
- Two-phase evaluation
- Qualification for a 14-day payment
- Balance-based DrawdownĀ
- Optional weekly payout add-on
Royal Challenge:Ā
- Two-phase evaluation
- 30-day payout eligibility
- Minimal trading restrictions
- An optional 14-day withdrawal add-on:
Knight Challenge
- Single-phase evaluation
- Fastest payout (7 days)
- Minimal trading restrictions
Dragon Challenge:Ā
- Three-stage assessment
- 7-day payout eligibility
- Drawdown dependent on balanceĀ
3. Which Structures Are Used for Profit Sharing?
- 90% profit share is the basic program.
- 90% profit share for the Advanced Program
- Elite Program: Profit share of up to 95%
4. Which Trading Platforms Can I Use?
Among the supported platforms are:
- cTraderĀ
- MetaTrader 5
- TradingView
- NinjaTrader
5. Which Account Sizes Are Available?
Limits on Virtual Allocation:
- Program Basic: $400,000
- $300,000 for the Advanced Program
- Program Elite: $600,000Ā
