Despite TradingFunds’ competitive fee structure and time-unlimited challenges, there are several reasons why traders might look elsewhere. For starters, the firm operates exclusively on the TradeLocker platform, which may not accommodate traders who rely on MetaTrader-based tools, custom indicators, or long-established trading workflows. In addition, many traders are drawn to automated strategies or EAs, which TradingFunds does not allow — a limitation that rules out a large category of trading methods. While the firm does offer a payout and scaling plan, its accounts remain entirely simulated, with no indication that real capital is ever deployed. For performance-driven traders looking to build long-term capital relationships, this lack of transparency could be a red flag. The absence of free repeats, challenge retakes, or a demo environment also limits the ability to test the firm’s ecosystem risk-free before paying. And with public reviews highlighting slow response times and ambiguous rule enforcement, caution is warranted for traders planning to commit significant capital upfront.
TradingFunds TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, TradingFunds has currently 252 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.40/5.00.
When seeking an alternative to TradingFunds, look for firms that offer multi-platform support, particularly those that include MetaTrader 4 and 5 — ideal for traders who automate or use advanced charting systems. Firms that permit responsible use of EAs and hedging are crucial if you deploy algorithmic, arbitrage, or basket-trading strategies. Consider firms that offer free trial challenges or demo access so you can familiarize yourself with the environment before committing financially. Transparency is another priority — reputable firms often publish payout proof, trader testimonials, and provide clarity on whether capital is deployed live or simulated. In terms of cost, seek programs with fee refunds, scaling incentives, and repeat chances in case of failure. Finally, a mature support system with timely responses and clear appeal processes ensures that issues like payouts or rule disputes won’t turn into unresolved frustrations.
Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.
In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.
FXIFY is a London-based proprietary trading firm that provides traders with access to up to $400,000 in capital, which can be scaled up to $4 million. Co-founded in 2023 by David Bhidey and Peter Brown, FXIFY offers flexible assessment programs, including One-Phase and Two-Phase options.