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80
Grade B

The Funded Trader Review (2026)

MSP-readyForex & CFD prop

The Funded Trader scores 80/100 in our review (grade B), a Texas, USA-based prop firm founded in 2021. It supports MetaTrader 5, so you can run Market Structure Pro on your funded account.

Important: Prop firm rules, fees, profit splits and account sizes change often, and some figures here are typical or drafted from public information and are being re-verified. Always confirm the current terms on the firm's own website before buying a challenge. Prop trading involves risk and challenge fees can be lost.
Rules
14/20
Cost
14/15
Payout
17/20
Platform
14/15
Trust
13/20
Support
8/10

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The Funded Trader at a glance

Firm typeForex & CFD prop
Founded2021
HeadquartersTexas, USA
Challenge types1-step, 2-step
Account sizes$5k, $25k, $50k, $100k, $200k, $400k
Profit target10% (1-step Knight); 8% then 5% (2-step Standard)
Max drawdown10%
Daily loss limit5%
Profit splitup to 90%
Challenge feefrom around $42 for a $5k account
PlatformsMT4, MT5, cTrader, Match-Trader
MetaTrader 5 (MSP-ready)Yes, MSP works here
Payout frequencybi-weekly (first payout in as little as 14 days)
Accepts US tradersYes

Pros & cons

✓ Pros

  • Wide account range up to $400k with 1-step and 2-step models
  • Up to 90% profit split
  • MT4, MT5, cTrader and Match-Trader supported, so MSP runs on its MT5 accounts
  • Accepts US traders
  • Low entry fee from around $42

✗ Cons

  • Trustpilot rating is only about 3.3/5, weighed down by a rocky payout period in 2023
  • Rules and promotions change fairly often
  • Recovered its reputation but still carries some history

Full review

The Funded Trader, based in Texas and launched in 2021, offers one-step and two-step evaluations across a wide account range up to $400k, with up to a 90% profit split. It supports MetaTrader 4, MetaTrader 5, cTrader and Match-Trader, so Market Structure Pro runs on its MT5 accounts, across forex, indices, commodities and crypto.

It accepts US traders and pays bi-weekly. The main caution is its reputation: after payout problems in 2023 it has since stabilised, but its Trustpilot score remains modest, so check current payout reliability before buying.

Reputation & reviews

Independent user-review data from around the web, kept separate from the MSP feature score above.

The Funded Trader holds a Trustpilot rating of about 3.3 out of 5 from roughly 22,000 reviews. The score reflects a difficult payout period in 2023; the firm has since recovered but the history is worth noting.

Read real reviews of The Funded Trader

Trustpilot ↗
3.3/5
22,000 reviews
Traders Union ↗
4.68/10
count varies

Can I use Market Structure Pro with The Funded Trader? Yes. The Funded Trader offers MetaTrader 5, and MSP is an MT5 indicator, so it runs on your funded MT5 account. See the install guide.

Frequently asked questions

Is The Funded Trader a good prop firm?

The Funded Trader scores 80 out of 100 in our review (grade B). The Funded Trader holds a Trustpilot rating of about 3.3 out of 5 from roughly 22,000 reviews. The score reflects a difficult payout period in 2023; the firm has since recovered but the history is worth noting. Always confirm the current rules and fees on the firm's own site before buying a challenge.

Does The Funded Trader work with Market Structure Pro?

Yes. The Funded Trader offers MetaTrader 5, and Market Structure Pro is an MT5 indicator, so it runs on your funded MT5 account. See the install guide at /install.

What is the profit split at The Funded Trader?

The Funded Trader offers a profit split of up to 90%, which can scale higher on some plans. Confirm the exact split for your chosen plan on the firm's site.

Compare more: browse the full prop firm directory, plan your challenge with the prop firm challenge calculator, or compare MT5 brokers.