Are you debating between FunderPro vs FTMO for your prop trading journey? Both firms are popular among traders, but each has unique features that cater to different needs. In this post, we’ll explore FunderPro and FTMO to help you decide which one is right for you.
1. Funding Challenges: FunderPro vs FTMO
FunderPro
- Unlimited Time to Pass: FunderPro stands out with its flexible evaluation process, offering traders unlimited time to meet their profit targets. This eliminates the pressure of tight deadlines, allowing traders to focus on steady and consistent trading.
- Profit Targets: Typically set at 8–10% for the first phase of the challenge.
- Consistency Rule: Traders must adhere to the Consistency Rule, which limits the most profitable trading day to 45% of total profits, promoting sustainable habits.
FTMO
- 30-Day Time Limit: FTMO challenges are more time-restricted, with traders given 30 days to meet a profit target in Phase 1.
- Profit Targets: Higher profit targets at 10% for most account sizes.
- No Consistency Rule: FTMO does not impose restrictions on profit distribution across trading days, giving traders more flexibility in their approach.
Winner:
FunderPro takes the lead for traders who prefer a more flexible timeline, while FTMO suits those confident in meeting deadlines.
2. Payouts Comparison: FunderPro vs FTMO
FunderPro
- Daily Payouts: FunderPro offers one of the fastest payout systems in the industry, allowing traders to withdraw profits daily once funded.
- Profit Split: Competitive split, starting at 80/20 in favor of the trader, with the potential to increase as you grow with the firm.
FTMO
- Monthly Payouts: FTMO processes payouts monthly, which might not suit traders seeking frequent withdrawals.
- Profit Split: Starts at 80/20 and can increase to 90/10 for consistent performance.
Winner:
FunderPro is ideal for traders needing frequent access to their profits, while FTMO rewards long-term consistency with a higher profit split.
3. Trading Rules
FunderPro
- Drawdown Limits: Competitive daily and overall drawdown limits to protect traders and the firm.
- Risk Management Focus: Emphasis on consistent trading through rules like the Consistency Rule.
- Trading Platforms: Offers TradeLocker, an intuitive trading platform built on TradingView technology.
FTMO
- Drawdown Limits: Similar daily and overall drawdown limits, with slightly stricter rules for some accounts.
- Freedom of Strategy: Allows a wide range of trading styles without specific rules like the Consistency Rule.
- Trading Platforms: Supports MT4, MT5, and cTrader.
Winner:
FTMO offers more freedom in trading strategies, while FunderPro is better for traders who value discipline and structured rules.
4. Costs and Account Sizes
FunderPro
- Challenge Fees: Competitive and often lower than FTMO for similar account sizes.
- Account Sizes: Offers a range of accounts, starting from $10,000 to $200,000.
FTMO
- Challenge Fees: Slightly higher than FunderPro but includes reimbursement if you pass the challenge.
- Account Sizes: Offers accounts from $10,000 to $200,000, similar to FunderPro.
Winner:
FunderPro provides a more cost-effective solution for new traders, while FTMO offers value with fee reimbursement for successful challenges.
5. Support and Community
FunderPro
- Community Support: Active Discord channel for traders to share tips, experiences, and strategies.
- Customer Service: Responsive support team available to assist traders at every stage.
FTMO
- Community Support: Active social media presence and forums where traders can engage with each other.
- Customer Service: Excellent support team known for quick responses and helpful advice.
Winner:
Both firms excel in trader support, so this aspect largely depends on personal preference.
Summary Table
| Feature | FunderPro | FTMO |
|---|---|---|
| Evaluation Timeline | Unlimited Time | 30-Day Limit |
| Profit Targets | 8–10% | 10% |
| Consistency Rule | Yes | No |
| Payouts | Daily | Monthly |
| Profit Split | 80/20 (upgradable) | 80/20 (upgradable to 90/10) |
| Trading Platforms | TradeLocker | MT4, MT5, cTrader |
| Challenge Cost | Lower Fees | Higher Fees with Reimbursement |
| Support | Active Discord, Responsive Team | Active Forums, Excellent Support |
Which Prop Firm Should You Choose?
Traders often choose between FunderPro vs FTMO based on payout frequency and trading rules.
- Choose FunderPro if:
- You prefer unlimited time to pass challenges.
- You want daily payouts.
- You value structured rules that promote disciplined trading.
- Choose FTMO if:
- You can meet profit targets within tighter deadlines.
- You want more flexibility in trading strategies.
- You’re looking for fee reimbursement upon passing.
Both firms have their strengths, so the best choice depends on your trading style and personal preferences.
Get Started Today
Ready to take your trading to the next level? Whether you choose FunderPro or FTMO, taking the first step is what matters.
Explore FunderPro’s challenges here and see how it can help you achieve your trading goals.
Learn how to pass a prop challenge by reading our how to guide here!
