Funded Trader Markets

Funded Trader Markets (FTM) is a forex prop firm with 1-step, 2-step and instant funding programs, on-demand rewards and a 24-hour reward guarantee: if a reward of up to $1,000 is not paid within 24 business hours, FTM doubles it and issues a free account of the same size. Traders can spread up to $1,000,000 of simulated capital across programs and choose cTrader, TradeLocker, Match-Trader or MT5. Rewards are paid through Rise, by crypto or bank transfer, or directly in USDT, with a 5% fee on crypto rewards.

The 1-Step Nitro challenge has a 10% profit target, a 4% daily drawdown and a 6% trailing overall drawdown, and pays 90% on the first $10,000 of profit and 80% after that, although the 1-Step page advertises keeping 100% of that first $10,000. The 2-Step Plus challenge needs 8% in phase 1 and 5% in phase 2, with a 10% balance-based overall drawdown and a 70% profit split. Three instant funding accounts skip the evaluation: Instant Standard with a 5% trailing drawdown, Instant Pro with 3% and Instant Plus with 6%, all paying up to 80%, though Instant Standard starts at 50% and reaches 80% from the fourth reward. At $100K the listed fees are $622 for Nitro, $998 for 2-Step Plus and $600 to $884 for instant accounts, with lower September promotional prices shown alongside.

A funded payout needs 5 trading days with at least 0.5% profit and a reward of at least 1% of the starting balance, and the consistency rule depends on the program, from 45% on funded Nitro accounts to 15% on instant accounts. News trading, trading bots, copying your own trades, hedging within one account, and weekend and overnight holding are allowed, while high-frequency trading, news scalping, arbitrage and hedging across accounts are prohibited, and any funded trade closed within a minute has its profit voided. The fee can be refunded within 14 days if trading has not started; after that there is no refund, but evaluation accounts get a bonus equal to 100% of the fee with the third reward.