|💰 Fees:||The FTMO Challenge with an initial capital EUR 10k balance costs €155; 25k balance for €250; 50k balance for €345; 100k balance for €540; 200k balance for €1080; Scaling plan up to $2 million.||FunderPro offers four tiers of funded account challenges: a $25K balance costs $250, a $50K balance costs $300, a $100K balance costs $550, and a $200K balance costs $995. Scaling plan up to $5 million.|
|🚀 Profit split:||FTMO will pay out up to 90% profit share on a monthly basis. Periodically, the firm will allocate more balance into your FTMO Account if you consistently profit.||The FunderPro funded account challenge pays out 80% of the profits.|
|✔️ Evaluation:||“FTMO Challenge,” a two-step evaluation||FunderPro’s flagship product is a two-step evaluation.|
|🎯 Profit Target:||10% for Step 1 and 2 in Normal Mode. 20% for Step 1 and 10% for Step 2 in Aggressive Mode.||10% for Stage 1 and 8% for Stage 2.|
|⚓ Maximum drawdown (MDD):||Normal Mode: 5% Maximum daily loss. 10% Maximum loss. Aggressive Mode: 10% Maximum daily loss. 20% Maximum loss.||10% maximum loss throughout the challenge. 8% maximum daily loss.|
|⌛ Trading Period:||The FTMO Challenge has No time limits.||Unlimited time to complete the challenge.|
|⚖️ Leverage:||The leverage offered is up to 1:100 (Forex) and can be lowered upon request. cannot be increased. The swing account type has leverage of 1:30 (Forex).||The leverage in FunderPro’s challenge is 1:100|
|🔧 Instruments:||Forex, Indices, Commodities, Cryptocurrencies and Stocks.||Forex, indices, commodities, cryptocurrencies and stocks.|
|📰 Allow Trade News:||Yes in FTMO Challenge and Verification. After passing the Evaluation Process there are restrictions (except for Swing accounts).||No FunderPro does not allow news trading. You can close the trading before 2 minutes of high-impact news and re-open trading after 2 minutes.|
|🔄 Weekend Position:||Yes in FTMO Challenge and Verification. After passing the Evaluation Process there are restrictions (except for Swing accounts).||No you cannot hold trades during weekend.|
After spending several days researching different Proprietary Trading Firm for funded trading accounts, our team at start-business-online.com team collected various data points. For this review, we will compare Ftmo vs Funderpro.
|Evaluation Metric||How they performed|
The FTMO Challenge is not a piece of cake but for a good reason. The idea behind prop firms is to headhunt expert traders. To get the most out of FTMO and begin trading with undreamed leverage, you need to be able to offer value to the company in return.
On the other hand The FunderPro Challenge is simple and straightforward. Traders select their account size- $25k, $50k, $100k, or $200k. The requirements are easily followed without unnecessary complications - max daily and overall losses are fair, and traders have all the time they need to trade because there is no deadline for the challenge to be completed.
This is a rather marmite issue. On the one hand, the in-depth reports and performance coaches offered to traders provide excellent support. However, there have been complaints of disgruntled users finding it hard to get a response from FTMO, so for this, we scored them at a 5.
On the other hand The FunderPro team is reliable and helpful. Traders get paid weekly with a profit share every Friday.
The FTMO Challenge is neither free nor cheap; however, nor is it the most expensive of the prop firm challenges by a long way. Moreover, FTMO is one of the rarer scout trading sites that offers a refundable fee.
On the other hand FunderPro is actually a pretty decent value for every account size. it is also focused on its traders, which could mean that they provide a better experience for their clients.
FTMO scores highly on this metric as their payout is generous compared to some rival prop trading sites.
On the other hand With FunderPro after your first payout, you will continue to receive payouts on a weekly basis. Your profit split will be 70% based on the profit you make on your funded account. While this isn't as generous a profit split as some rivals, the challenge conditions are not as strict, making it easier to come out winning. For this reason, they score highly on this metric.
There’s no such thing as a perfect Proprietary Trading Firm, but some are going to be a better fit for you than others.
Objectively, Funderpro is more reliable based on our criteria above.
Exclusive Discount Code (SBOCOUPON)
Minimal rules & unlimited time for completion
Two-part assessment leading to $200,000 in funding
Scaling plan & fast-track funding opt
Complaints about the platform freezing
Complaints about lack of customer support
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Funded Trading Accounts based on your precise requirements here.