The Best Funded Trading Programs for 2024

Funded trader account (program) is a trading account where capital is provided by a prop firm for a trader to utilise.

The goal is to give skilled traders (who do not have enough funds to pursue their trading career), access to the market with little starting investment.

Let’s look at its pros & cons, top funded trading programs for you, how to choose a program and become funded:

What are the benefits & drawbacks of a funded trading program?

Advantages:
– You won’t risk your own money.
– You stand to profit more than the little you invest.
– Access to advanced (or multiple) trading platforms and tools.
– You may also have access to free professional mentorship and support.

Drawbacks:
– There is a possibility of scams.
– You would share a percentage of your trading profits with the firm.
– You must meet a certain performance requirement to maintain your account.

Top funded trading programs you should consider (a detailed comparison of their features, offers and services):

(Scroll/swipe the table to your left ← or right → to view all providers)

RebelsFunding’s $5000 copper program is one of the best funded trading programs on the list. It is very affordable ($25).

You get to keep up to 90% of your profits, and can scale it up to $640,000.

What to consider before choosing a funded program?

Company reputation: The first thing you want to look into before purchasing a funded account is the legitimacy of the prop firm (if you don’t want to fall for a scam project).

Run a background check. Check forums, review sites, search social media platforms and see what other people are saying about the firm.

When you’re sure you can trust them with your money, you can then proceed to the next step.

Program prices and value: In every business transaction, price is crucial. We want things we can afford and value for our money.

Select a program that is affordable to you.

TIP: Get a funded program with a small fee and scale up gradually.

Start with a free trial: It is ideal to choose a funded program with a free trial.

The reason is, it allows you the opportunity to experience (and familiarise yourself with) the company’s trading rules, platform/environment before investing money.

This way you can examine and decide if the prop firm would be great for you or not.

Trading platform: And lastly, what is their trading platform? Is the firm using a third party trading platform or in-house?

This question is important because some of the prop firms that utilise third party trading platforms such as Metatrader can be denied access any day due to an unexpected regulatory policy.

Next thing, business closes (like we’ve seen in the past). With third party platforms, prop firms are powerless, dependent and unreliable.

Thus, I recommend you invest in a proprietary firm with an in-house trading platform if you prioritise sustainability and financial safety.