FUNDERPRO VS TOPTIERTRADER
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
Toptier Trader Overview
Founded by trading legends Cue Banks and Anthony (of Anthony’s World) TopTier Trader is a proprietary firm that offers up to $600,000 in funding to traders who pass their 2-stage evaluation. In 2022, TopTier Traders were allocated over $150 million in company capital and the firm is now present in over 108 countries worldwide.Compare FUNDERPRO VS TOPTIERTRADER Trading Features
| Trading Feature | FUNDERPRO | TOPTIERTRADER |
|---|---|---|
| 💰 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. | Prices for the challenges at Top Tier Trader begin at $250 for a $25k account and top out at $1399 for the $300k challenge. a $25K balance costs $255, a $50K balance costs $50, a $100K balance costs $560, $200K balance costs $999 and a $300K balance for $1399. |
| 🚀 Profit split: | The FunderPro funded account challenge pays out 80% of the profits. | Traders enjoy 80% net profit from day one on live accounts, increasing to 90% for consistent success. |
| ✔️ Evaluation: | FunderPro’s flagship product is a two-step evaluation. | A 2-step evaluation process where traders must trade a minimum of 4 days during the given trading periods. |
| 🎯 Profit Target: | 10% for Stage 1 and 8% for Stage 2. | During the challenge, they trade on a demo account and need to achieve a target profit of 5%, 8%, or 10%. |
| ⚓ Maximum drawdown (MDD): | 10% maximum loss throughout the challenge. 8% maximum daily loss. | The max overall drawdown limit for the TopTier Competition is based on your initial balance and is 10% of that value. |
| ⌛ Trading Period: | Unlimited time to complete the challenge. | Unlimited time to complete the challenge. |
| ⚖️ 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 | Top Tier Trader allows you to trade forex pairs with 100:1 leverage, commodities with 40:1 leverage, indices with 30:1 leverage, and cryptocurrencies with 2:1 leverage. |
| 🔧 Instruments: | Forex, indices, commodities, cryptocurrencies and stocks. | With Toptier Trader 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 Toptier Trader allows news trading on their Tier 1 and 2 accounts, however, on the TopTier Funded accounts (Regular and Swing), there would be certain restrictions. |
| 🔄 Weekend Position: | No you cannot hold trades during weekend. | No Toptier Trader does not allow weekend trading on the TopTier Challenge Regular accounts. All positions will be liquidated on Friday at 4PM EST and your account disabled till Sunday 5PM EST. |
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 Toptiertrader.
Compare FUNDERPRO VS TOPTIERTRADER Funded Trading Accounts Programs - Find the best firm for you
FUNDERPRO VS TOPTIERTRADER 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 The TopTier Challenges are wide-ranging in size and evaluation criteria. Traders can choose between smaller accounts where the initial costs are minimal, and targets are lower. |
| Customer support | The FunderPro team is reliable and helpful. Traders get paid weekly with a profit share every Friday. On the other hand Once funded, TopTier traders are welcome to use any trading style, strategy, or approach that they wish and there are no strict time limits or deadlines to meet profit targets. |
| 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 The TopTier Trader provides a wide choice of accounts with a balance ranging from $25,000 to $300,000 for trading on MetaTrader 4 (MT4). To get an account, traders need to register and pay an initial fee, which ranges from $255 to $1,399. |
| 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 Your first payout is 14 calendar days from the day you place your first position on your funded account. In this time period, you have no minimum trading day requirements as well as no other restrictions. |
The Verdict: Funderpro or Toptiertrader?
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 Toptiertrader
Equity-based drawdown on Top Tier Plus accounts
No EAs allowed on Top Tier accounts
No weekend holding on regular Top Tier accounts
Other Important Factors That Influence Our decision the most
Key Challenges and Frustrations Faced by Toptiertrader Users
Equity-based drawdown on Top Tier Plus accounts
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.