Funded Trader Markets Review 2026: Rules, Fees & Payouts
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Funded Trader Markets is a forex & CFD prop firm based in the United Arab Emirates, using trailing intraday drawdown on its main program. Evaluations start at $20 one-time; the 100K 1-Step Nitro costs $249 with a $10,000 target and $6,000 max drawdown. Profit split: 90% on the first $10,000, then 80%. Payouts: On demand once eligible. Evaluation consistency rule: 50%. Funded payout consistency rule: 45%. There is no activation fee on the 100K 1-Step Nitro. Rules auto-checked 2026-10-18.
- From
- $20
- Profit split
- 90% on the first $10,000
- Payouts
- On demand once eligible
- Products
- 1 · 7 sizes
Funded Trader Markets verdict: pros, cons and who it suits
Our take in one line: Funded Trader Markets offers a partial fee refund and no activation fee; the catch is an intraday trailing drawdown.
Pros
- Trailing drawdown stops trailing at a balance threshold
- Part of the evaluation fee is refunded
- No activation fee after you pass
- No evaluation time limit
- No minimum number of trading days
- No news-trading window in evaluation or funded accounts
Cons
- Intraday trailing drawdown: the floor follows unrealised peaks
- Hard daily loss limit: one bad day fails the account
- 50% consistency rule in the evaluation
- 45% consistency rule on funded payouts (can hold back payouts)
- Minimum trade duration of 60 seconds
Best for
- Patient traders who do not want a deadline
- News traders
- Swing traders (overnight and weekend holding allowed)
Avoid if
- You let winners run through big intraday swings
- You sometimes have one big red day
- You make most of your profit on one or two big days
- You scalp trades shorter than 60 seconds
Every point is worked out from one rule field in our data (see the rules below); empty fields are left out, not guessed. Where a plan differs, the point says “on some plans”. Check “What we could not fully verify” further down before you buy. Not financial advice.
Regulation: No financial-regulator licence found. Evaluation fees are not covered by investor compensation. Funded accounts are simulated per the firm’s terms.
Account sizes
| Plan | Price | Profit target | Max drawdown | Daily loss | Contracts |
|---|---|---|---|---|---|
| 5K 1-Step Nitro | $20 | $500 | $300 | $200 | — |
| 10K 1-Step Nitro | $29 | $1,000 | $600 | $400 | — |
| 25K 1-Step Nitro | $59 | $2,500 | $1,500 | $1,000 | — |
| 50K 1-Step Nitro | $120 | $5,000 | $3,000 | $2,000 | — |
| 100K 1-Step Nitro | $249 | $10,000 | $6,000 | $4,000 | — |
| 200K 1-Step Nitro | $439 | $20,000 | $12,000 | $8,000 | — |
| 300K 1-Step Nitro | $649 | $30,000 | $18,000 | $9,000 | — |
Minimum cost if you pass first time · 100K 1-Step Nitro
What you pay up to your first payout when you pass on the first try with no resets. Monthly fees are counted for the number of months you choose.
- Evaluation fee · one-time, list price
- $249
- Activation fee · none
- $0
- Data feed · not a futures account
- n/a
- Minimum total
- $249
If you pass on the first try: $249
Each extra try counted as a new evaluation at $249 (reset fee unverified).
Most traders need more than one try. Firm-reported figures: The Funded Trader said 5–10% of its challenges are passed (Finance Magnates), and FPFX Tech data showed that about 7% of traders reached a payout (Finance Magnates, September 2024). At a 10% pass rate you need 10 tries per pass on average (1 ÷ 10%). These are not figures for Funded Trader Markets.
Payout buffer: Minimum reward = 1% of initial balance
Numbers worked out from the rules (100K 1-Step Nitro)
- Evaluation price per $1,000 of account size
- $2.5
- Total profit target : max drawdown
- 1.7 : 1
- Rule strictness (estimate)
- Strict — total target 1.7× the drawdown, trailing intraday drawdown, hard daily loss limit, 50% evaluation consistency rule
Calculated from the published numbers above, never typed in by hand. How.
Rules that decide pass or fail
The rules that end most Funded Trader Markets evaluations and funded accounts. Main program unless noted.
- Max drawdown
- Trailing intraday
- Drawdown lock
- Locks once the balance reaches a threshold — Overall 6% trails the highest recorded balance and locks at the initial balance once 6% profit is reached; does not reset at the 5 PM cut-off.
- Daily loss limit
- Hard: breaching it fails the account; measured from the higher of start-of-day balance or equity; resets 17:00 EST (5K: $200 · 10K: $400 · 25K: $1,000 · 50K: $2,000 · 100K: $4,000 · 200K: $8,000 · 300K: $9,000) — Nitro 4% (300K: 3%) of initial balance below the higher of end-of-day balance or equity at 5 PM EST; balance or equity touching it closes and disables the account.
- Consistency (evaluation)
- 50% — going over it holds back the payout until other days catch up
- News trading
- Evaluation: no restriction · Funded: no restriction — News trading allowed in all programs; no blackout windows or news profit reductions per FAQ (news scalping within seconds is a prohibited practice).
- Minimum trade duration
- 60 seconds
- Min. trading days
- None
- Time limit
- No time limit
- Commissions
- $7 per lot round turn on forex and commodities; none on indices and crypto
- Platforms
- MetaTrader 5, cTrader, TradeLocker, Match-Trader
Rules after you pass
What changes on the funded account: payouts, caps and scaling.
- Funded account
- Simulated (demo funds), per the firm’s terms
- Funded drawdown
- No separate funded rule on file
- Consistency (payouts)
- 45% — going over it holds back the payout until other days catch up
- Starting contracts
- Unverified
- Scaling plan
- Not applicable (forex/CFD/crypto). Max simulated allocation: $300K per Nitro program, $1,000,000 in total; $600K active across evaluations.
- First payout
- Unverified — On-demand once 5 qualifying funded days, 1% minimum reward and consistency are met; 24-hour reward guarantee advertised.
- Profit split
- 90% on the first $10,000, then 80% (1-Step Nitro; flat 80% on giveaway/free accounts). 2-Step Plus 70%; Instant up to 80%
- Payout frequency
- On demand once eligible (reward of at least 1% of initial balance, 5 qualifying funded days of >=0.5% profit each, consistency met, all trades closed)
- Payout cap
- Unverified
- Max payouts
- Unverified
- Payout buffer
- Minimum reward = 1% of initial balance (before split); all trades must be closed before a reward request; 5% processing fee on crypto rewards (deducted from trader share).
- Move to live
- None; help center says all trading is on simulated accounts and the profit share is a performance commission.
- Funded monthly fee
- Unverified
Trust signals
Mixed trust signals- Track record
- Domain registered 2024 (2 years; says little about the firm itself)
- Transparency
- company named (United Arab Emirates (reg. 36580)), terms not dated, payout proof published
- Reported events (18 months)
- None found in our checks
These are public signals about Funded Trader Markets, not a verdict and not financial advice. Third-party reports are not verified by us; only a primary-sourced payout, closure or regulator event in the last 12 months affects the label. Signals are never combined into one score and an affiliate link does not change them. See how we assess them.
More rules and fees
Challenge rules
- Challenge steps
- 1-step
- Stop-loss required
- Unverified
- Inactivity rule
- Account may close after 30 days without a trade
- Max risk per trade
- Unverified
- Rule notes
- Hedging allowed within one account, banned across accounts/firms. Martingale/layering allowed in a single account, prohibited across accounts. Tick scalping, news scalping, HFT, all arbitrage banned. Trades closed within 60 s do not count toward rewards (in the challenge, more than 20% of profit from such trades means a redo). VPN/VPS prohibited for purchase/KYC; IP must not overlap other users.
What you may trade and how
- News trading
- Allowed
- Weekend holding
- Allowed
- Overnight holding
- Allowed — Help center: overnight and weekend holding allowed in all programs. Overnight hedging not allowed on Instant or evaluation-simulated funded accounts (profits from such trades do not count).
- Automation / EAs
- Restricted — Bots allowed on all accounts/phases except HFT, news-scalping, demo-exploit, multi-account reverse, arbitrage, tick-scalping bots and emulators. Third-party/off-the-shelf strategies marketed to pass challenges banned (terms 5.C). Official FTM Trade Copier exists; manual and third-party copiers do not get the exemption in the martingale/layering article.
- Accounts you may hold
- Unverified — No account-count limit stated. Allocation caps: $300K per Nitro program, $1M total, $600K active across evaluations; exceeding the cap voids profits. Multiple accounts from the same person/IP may be terminated.
- Hedging
- Restricted
- Copy trading
- Restricted
- Scalping
- Restricted
- Martingale
- Restricted
Fees
- Activation fee
- 5K: none · 10K: none · 25K: none · 50K: none · 100K: none · 200K: none · 300K: none
- Reset fee
- Varies / unverified
- Fee refund
- Partly — Performance bonus equal to 100% of the purchase fee at the 3rd reward (not Instant, not Nitro X); 14-day money-back window only before trading starts; terms say all sales are final.
Payouts
- Payout size
- Unverified
- Payout methods
- Crypto, Rise
Company & access
- Markets
- forex, cfd, crypto
- Headquarters
- United Arab Emirates — Contracting entity per site/terms: Formed Technologies INT FZCO (UAE, reg. 36580); payment agent FTM Funded Trader Markets LTD (Cyprus, HE462185); MT5 licence holder FTM Funded Trader Markets LTD (Saint Lucia, 2025-00239). Terms also mention 'Funded Trader Markets s.r.o.'. Rewards ledger starts 9 Aug 2024. No founding year stated.
- Founded
- Unverified
- Leverage
- Forex 1:100 (1:50 on largest funded sizes), commodities 1:30 eval / 1:20 funded (1:10 largest), BTC and ETH 1:5, other crypto 1:2
- Swap-free option
- Yes
- Not open to residents of
- Cuba, Syria, Iran, Lebanon, Iraq, Yemen, North Korea, Cyprus, Myanmar, Belarus, Vietnam, Indonesia, Russia
What we could not fully verify (12)
- Main program = 1-Step Nitro (full size ladder 5K-300K). Prices read on 2026-10-18 from the configurator at fundedtradermarkets.com/variations?category=1-step&program=nitro by clicking each size (read-only): lower (current) price 5K $20, 10K $29, 25K $59, 50K $120, 100K $249, 200K $439, 300K $649; each shown next to a struck-through (line-through in the page CSS) higher price 80/116/236/480/622/1,096/1,622. The 1-step page for 100K shows $622 struck and $249 current. The price is identical across platforms (MetaTrader 5 selected).
- Hero text says 'From $20' for 1-Step while a program card said 'From $24' in the earlier draft (not re-checked); the configurator shows $20 for 5K.
- Profit target 10%, overall drawdown 6% and daily drawdown 4% (3% on 300K) are the same for all sizes per the configurator and Nitro help articles (July 2026); dollar values are computed from these percentages.
- Drawdown type: the overall limit trails the highest recorded balance (6% of the initial balance below it), does not reset at the 5 PM cut-off, updates as soon as balance rises (help-center example: balance 103,000 -> limit 97,000 within Day 1), is fixed at the initial balance once 6% profit is reached, and a breach occurs when balance or equity touches it. The site labels it 'Trailing Lock'. Stored as trailing_intraday as the closest enum (it is balance-based, not equity-peak-based, and not end-of-day).
- Daily drawdown: 4% of initial balance, measured from the higher of end-of-day balance or equity at 5 PM EST; balance or equity touching it breaches. Floating loss limit: none on Nitro (Funded page).
- Activation fee 'None' is shown in the 100K comparison table; confirmed only at 100K, so activationFeeAmount is null and only the 100K tier carries 0.
- Firm-level minTradingDays 0 = no minimum in the Nitro evaluation; in the simulated funded phase 5 qualifying days (>=0.5% profit each) are required before rewards (page shows 'Min Trading Days: Sim 5').
- Other programs exist but are not stored: 2-Step Plus (configurator shows 8%/5% targets, 10% overall, 4% daily, floating limit yes in funded, split up to 90%; 25K price $98 with struck $392; other sizes not read) and Instant Standard/Pro/Plus. 1-Step Nitro X and Infinity have no price ladder read.
- Pages are internally inconsistent: profit split 'up to 100%' (1-Step page text 'keep 100% of first $10,000') vs 90% on the first $10,000 then 80% (Nitro profit-split help article, 15 March 2026; used); max capital 'up to $800K' vs '$300K' per Nitro program and $1M overall (help center, used).
- Reset fee not stated; free resets are given via Discord giveaways. Fee refund: no direct refund; a performance bonus of 100% of the purchase fee is paid at the third reward (not Instant, not Nitro X); 14-day money-back window only if no trading started.
- Terms list 12 restricted countries and the help-center list has 13 (adds Indonesia); the help-center list is stored. Terms section 4.I.1 caps the 90% split at 10,000 USD across all accounts on one email, which conflicts with the help article; not reflected.
- Rewards page claims 6,211 rewards / about $9.09M paid (self-reported ledger, initials only). Trustpilot rating is withheld. Not to be confused with the closed firm 'The Funded Trader'; no connection found or claimed.
Is Funded Trader Markets legit?
Its terms name Formed Technologies INT FZCO (United Arab Emirates (reg. 36580)) as the operating company. It publishes payout proof. No financial-regulator licence found. Evaluation fees are not covered by investor compensation. Funded accounts are simulated per the firm’s terms. Our label from these public signals: mixed trust signals. It is a summary of checkable facts, not a guarantee.
Funded Trader Markets consistency rule
Evaluation: 50% — going over it holds back the payout until other days catch up. Funded payouts: 45% — going over it holds back the payout until other days catch up. Details: 1-Step Nitro: evaluation = no single day may exceed 50% of the Phase 1 profit target; simulated funded = no single day may exceed 45% of total profit (needed for withdrawal). If exceeded, keep trading until the ratio is met. Daily profit = balance change between 5 PM EST cut-offs. 2-Step Plus: none in funded; Instant programs 15% (comparison table).
Funded Trader Markets scaling plan
Not applicable (forex/CFD/crypto). Max simulated allocation: $300K per Nitro program, $1,000,000 in total; $600K active across evaluations.
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