FTMO vs The Funded Trader (2026) — Which Is Better?
Compare FTMO and The Funded Trader — features, pricing, pros and cons.
Quick Verdict
Higher Rated
FTMO (4.5)
More Affordable
The Funded Trader ($65/mo)
FTMO
The most established proprietary trading firm offering funded accounts up to $200K after a two-phase evaluation, with 90% profit splits.
The Funded Trader
Growing prop firm offering forex, crypto, and indices funded accounts up to $600K with multiple challenge types and up to 90% profit split.
Our Analysis
FTMO and The Funded Trader target the same market—traders seeking funded accounts—but serve different risk profiles. FTMO charges $155/month with a 4.5/5 rating and caps accounts at $200K, emphasizing its established reputation and industry-leading 90% profit split. The Funded Trader undercuts on price at $65/month with a 3.9/5 rating but offers larger account sizes up to $600K, making it attractive to traders seeking scale.
FTMO's key strength is trust and consistency. Its free trial lets you test the platform before paying, and the challenge fee refund on first payout removes financial risk. However, the two-phase evaluation and strict drawdown rules create high failure rates. The Funded Trader differentiates through flexibility—multiple challenge types accommodate different trading styles—but its history of payout delays and recent rule changes have damaged credibility with existing users.
Established traders with proven strategies should choose FTMO for its reputation and safer profit guarantee. Price-conscious traders scaling up or experimenting with different styles should consider The Funded Trader, though they should verify current payout timelines before committing. Both platforms offer identical core features (AI analysis, backtesting, paper trading), so the decision hinges on your risk tolerance and account size needs.
Feature Comparison
| Feature | FTMO | The Funded Trader |
|---|---|---|
| Rating | ★ 4.5 | ★ 3.9 |
| Starting Price | $155/mo | $65/mo |
| Free Tier | Yes | No |
| Markets | forex, stocks, crypto, futures | forex, crypto |
| AI Analysis | ✗ | ✗ |
| Backtesting | ✗ | ✗ |
| Paper Trading | ✓ | ✓ |
| Price Alerts | ✗ | ✗ |
| Mobile App | ✓ | ✓ |
| API Access | ✗ | ✗ |
| Social Features | ✓ | ✓ |
| Broker Integration | ✓ | ✓ |
| Custom Indicators | ✓ | ✓ |
| Automated Trading | ✓ | ✓ |
| Trade Journaling | ✓ | ✗ |
| Performance Analytics | ✓ | ✓ |
| Risk Management | ✓ | ✓ |
| News Feed | ✗ | ✗ |
| Education Content | ✓ | ✓ |
FTMO: Pros & Cons
Pros
- + Industry-leading 90% profit split
- + Free trial available to test before paying
- + Challenge fee refunded on first payout
- + Biweekly payouts with multiple withdrawal methods
- + Supports MT4, MT5, and cTrader
Cons
- - Two-phase evaluation can be stressful
- - Strict drawdown rules lead to many failed attempts
- - Challenge fees are non-refundable if you fail
- - No scaling plan — must purchase larger accounts separately
- - Weekend holding restrictions on some account types
The Funded Trader: Pros & Cons
Pros
- + Multiple challenge types for different trading styles
- + Scaling plan up to $600K
- + Low starting price from $65
- + News trading and EA allowed on most challenges
- + Supports MT4, MT5, and cTrader
Cons
- - History of payout delays has eroded trust
- - Rule changes have frustrated existing traders
- - Profit split starts at 80% (lower than FTMO's 90%)
- - Customer support response times can be slow
- - Less established track record than FTMO or Topstep