RebelsFunding vs FTMO: Which Prop Firm to Choose?

If you’re a forex trader looking to break into the prop trading world, you’ve likely come across RebelsFunding and FTMO. These two popular prop firms offer funded accounts to traders who pass their evaluation processes. But with both firms offering seemingly similar opportunities, which one is right for you?

In this blog post, we’ll compare and contrast RebelsFunding and FTMO on several key factors to help you make an informed decision. We’ll look at how they differ in terms of their evaluation process, profit sharing, fee, platform, and tools. By the end of this post, you’ll have a clear idea of which prop firm is right for you based on your trading goals and preferences.

1. Evaluation Process

The evaluation process is the first and most important step to joining a prop trading firm. It’s where you have to prove your trading skills and meet certain criteria to qualify for a funded account.

Here’s how RebelsFunding and FTMO compare in their evaluation process:

• RebelsFunding: Offers a no-time-limit evaluation process with multiple funding tiers and asset classes to choose from. You are free to trade at your own pace. You can trade forex, metals, crypto, indices, and energies with RebelsFunding. You can start with a $5,000 account and work your way up to $640,000.

• FTMO: Currently offers a no-time-limit evaluation process too. You can trade forex and other assets.

2. Profit Sharing

Profit sharing is the percentage of the profits that you get to keep as a trader with a prop trading firm. It’s one of the main incentives and rewards for your trading performance.

Here’s how RebelsFunding and FTMO compare in their profit sharing:

• RebelsFunding: Traders can keep up to 90% of the profits they generate. The profit sharing percentage depends on the funding tier and the asset class.

• FTMO: Traders can also keep up to 90% of the profits they generate depending on the program.

3. Fee

The fee is the amount of money that you have to pay to join a prop trading firm and participate in their evaluation process. It’s a one-time payment that covers the cost of the evaluation and the risk that the prop firm takes by providing you with capital.

Here’s how RebelsFunding and FTMO compare in their fee:

• RebelsFunding: Charges a one-time evaluation fee that ranges from $25 to $800, depending on the chosen program. The fee covers the cost of the evaluation and the platform access. You also get up to a 200% refund of a program’s purchase fee after a successful evaluation. For example, if you pay $25 for the $5,000 copper account, you get $50 back after passing the evaluation.

• FTMO: Charges a one-time evaluation fee of $155 for the $10,000 account (their smallest account size). The fee covers the cost of the evaluation and the platform access. You can get a 100% refund after passing the evaluation.

RebelsFunding offers a lower fee than FTMO for smaller funding tiers. RebelsFunding also offers a refund that doubles your fee after passing the evaluation, while FTMO doesn’t.

If you’re looking for a lower upfront cost and a potential reward for your success, RebelsFunding might be a good option.

4. Platform and Tools

The platform and tools are the software and applications that you use to trade with a prop trading firm. They include the trading platform, the charting software, the indicators, the news feed, and other features that enhance your trading experience and performance.

Here’s how RebelsFunding and FTMO compare in their platform and tools:

• RebelsFunding: Provides its own proprietary trading platform (RF-Trader) integrated with TradingView chart. RF-Trader is a web-based platform that allows you to trade directly from your browser without downloading or installing anything. It has a simple and user-friendly interface that supports multiple order types, risk management tools, and account analytics. You can access hundreds of technical indicators, drawing tools, and trading ideas from TradingView within RF-Trader. RebelsFunding also offers a free trial of the platform to all traders, so you can test it out before joining the evaluation process.

• FTMO: Allows traders to use any of these platforms: MetaTrader 4, MetaTrader 5, DXtrade, or cTrader. These are all well-known and widely used trading platforms that offer various features and functionalities. You can choose the platform that suits your trading style and preferences. However, you have to download and install the platform on your device, and you have to use the same platform throughout the evaluation process.

RebelsFunding offers a unique and exclusive platform that is integrated with TradingView, while FTMO offers a choice of several popular platforms.

If you’re looking for a platform that is web-based, simple, and powerful, RebelsFunding might be a good option. If you’re looking for a platform that is familiar, with different trading platform options, FTMO could be a good fit.

So, which prop firm is right for you?

The answer depends on your individual trading goals and preferences. But I think if you’re a new or experienced trader looking for affordability, ease and more flexibility in your journey, RebelsFunding might be a good option. Ultimately, the best way to decide is to research both firms carefully and consider your own trading style and risk tolerance.

Both RebelsFunding and FTMO have a high success rate, but it’s important to have realistic expectations. Make sure you have a solid trading strategy and risk management plan in place before taking on any prop firm challenge.