FUNDERPRO VS THETRADINGPIT
Rating breakdown
FunderPro Overview
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.
Rating breakdown
The Trading Pit Overview
The Trading Pit is a prop firm, or “proprietary trading firm.” based in Liechtenstein. Like most prop firms, the concept behind the Trading Pit is simple: they offer company capital to traders through funded accounts. The Trading Pit takes the hit of any losses, but the trader gets to keep up to 80% of the profits.Compare FUNDERPRO VS THETRADINGPIT Trading Features
| Trading Feature | FUNDERPRO | THETRADINGPIT |
|---|---|---|
| 💰 Fees: | 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. | For Forex Account Type, the Lite account is subject to a fee of $99, the Standard account is $179, the Executive is $399, and the VIP is $999 One-Time Payment. |
| 🚀 Profit split: | The FunderPro funded account challenge pays out 80% of the profits. | The Trading Pit pays out up to 80%. Your profit share will start at 50% it get bumped to 80% with scaling. |
| ✔️ Evaluation: | FunderPro’s flagship product is a two-step evaluation. | The profit target for the one-step challenge is 10%, with a 3% maximum daily loss and 7% up to 10% maximum trailing drawdown rules. |
| 🎯 Profit Target: | 10% for Stage 1 and 8% for Stage 2. | The evaluation phase requires a trader to reach a profit target of 8% up to 10% |
| ⚓ Maximum drawdown (MDD): | 10% maximum loss throughout the challenge. 8% maximum daily loss. | The maximum trailing drawdown ranges between 3% and 10%, depending on your initial account size and your current level of scaling. |
| ⌛ Trading Period: | Unlimited time to complete the challenge. | There is no time limit or pressure to reach any profit target within a restricted period. |
| ⚖️ Leverage: | The leverage in FunderPro for the Regular Challenge and Funded Accounts is Forex: 1:100, Metals, Oil, and Indices: 1:50, Crypto: 1:2 | Both accounts Lite and Executive have leverage of 1:30 and 90 days challenge duration. |
| 🔧 Instruments: | Forex, indices, commodities, cryptocurrencies and stocks. | With The Trading Pit you get access to a wealth of different asset classes and instruments including Forex, Futures, Indices, Commodities, Stocks, and Crypto. |
| 📰 Allow Trade News: | 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. | Yes with The Trading Pit you can trade during news events. |
| 🔄 Weekend Position: | No you cannot hold trades during weekend. | Yes you are permitted to hold your trade overnight & over the weekend for the Evaluation program |
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 Funderpro vs Thetradingpit.
Compare FUNDERPRO VS THETRADINGPIT Funded Trading Accounts Programs - Find the best firm for you
FUNDERPRO VS THETRADINGPIT Prop Trading Firms at a glance
A handy comparison table with all the key facts for the Funded Trading Accounts Programs.
| Evaluation Metric | How they performed |
|---|---|
| Challenge Assessment | 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. On the other hand Traders looking for a prop firm with options would be suited to this platform. The Trading Pit offers several avenues to funding; clients can choose from Lite, Standard, Executive, and VIP accounts. |
| Customer support | The FunderPro team is reliable and helpful. Traders get paid weekly with a profit share every Friday. On the other hand While there is a maximum daily drawdown, this is higher than the industry average. In combination with the fact that The Trading Pit welcomes any trading style and imposes no trading day limit, this adds flexibility to the Challenge. |
| Fee | 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. On the other hand For Forex Account Type, the Lite account is subject to a fee of $99, the Standard account is $179, the Executive is $399, and the VIP is $999 One-Time Payment. |
| Payout scheme | 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. On the other hand Prop traders with The Trading Pit receive up to 80% of profits! One feature that sets The Trading Pit apart from other firms is its instant payout method. You can withdraw your money immediately without waiting, a feature many prop firms lack. |
The Verdict: Funderpro or Thetradingpit?
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.
What We Really Like on Funderpro
Exclusive Discount Code (20% Off Exclusive Offer)
Minimal rules & unlimited time for completion
Two-part assessment leading to $200,000 in funding
Scaling plan & fast-track funding opt
What We Do not Like on Thetradingpit
Strict drawdowns
Quite tough trading targets
Low initial profit splits
Customer service complaints
Other Important Factors That Influence Our decision the most
Key Challenges and Frustrations Faced by Thetradingpit Users
No Free Trial and a Low starting profit share of 50% or 60%
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.