The Funded Trader
The Funded Trader runs several challenge families with rules that vary by type. Royal is the two-phase flagship: 8%/5% targets, 5% daily / 10% static drawdown, 5 minimum days per phase, unlimited time, EAs and trade copiers allowed, and weekend holding permitted — but no news trading. Knight Pro is a one-phase route: 10% target against a 5% daily (soft-breach) and 8% trailing drawdown that locks at the starting balance, no minimum days (3 profitable days of 0.25%+ required), news trading allowed, anytime 80% payouts, and a 50% Steadfast Gains consistency rule once funded. VIP status raises the split to 95%. Daily drawdown resets at 5pm ET on both.
Royal: 5% daily / 10% static · Knight Pro: 5% daily (soft breach) / 8% trailing (locks at start balance once 8% up)
Royal: 8% (P1) / 5% (P2) · Knight Pro: 10% (one phase)
Knight Pro: 80% anytime payouts · up to 95% via VIP program (Royal & Knight Pro)
Royal: 5 days per phase · Knight Pro: none, but 3 profitable days of 0.25%+ (Daily March) required
Both
Forex
What traders love
- Weekend and overnight holding allowed on Royal and Knight Pro (all phases + funded)
- EAs, cBots, and trade copiers allowed on Royal (except DXtrade/Match-Trader)
- Anytime payouts on Knight Pro funded accounts (80%, up to 95% VIP)
- Royal scaling: +25% every 3 months, up to $600k funded
- News trading enabled on Knight Pro
Watch out for
- No news trading on Royal challenges (allowed on Knight Pro only)
- Knight Pro funded: 50% Steadfast Gains rule gates withdrawals after big days
- Knight Pro withdrawals reduce the trailing drawdown buffer dollar-for-dollar
- Rules vary a lot by challenge type — easy to misread which apply
- Mixed historical reputation on payouts — do your own diligence
Who is this firm best for?
Swing traders who need weekend holding and EA users fit Royal; fast one-phase traders who want anytime payouts fit Knight Pro — both should be comfortable with a mid-tier operator.
Evaluation plans
| Plan | Account Size | Challenge Fee |
|---|---|---|
| Royal (2-step) | $25k | $189 |
| Royal (2-step) | $50k | $289 |
| Royal (2-step) | $100k | $489 |
| Royal (2-step) | $200k | $1,158 |
| Knight Pro (1-step) | $25k | $195 |
| Knight Pro (1-step) | $50k | $295 |
| Knight Pro (1-step) | $100k | $495 |
| Knight Pro (1-step) | $200k | $945 |
Fees may vary by promotion. Always verify current pricing on The Funded Trader's official website.
FundedOps monitors your The Funded Trader account automatically
Connect your account once. FundedOps loads The Funded Trader's exact rules, tracks your drawdown and profit target, and emails you when an import shows you're near a limit.
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6% trailing (EOD, locks at breakeven + $100 buffer once 6% up) · daily: 3% Instant / 4% challenges
Target: 1-Step: 8% · 2-Step: 8% (P1) / 5% (P2) · Payout: Instant: 80% (90% with add-on) · 1-Step: 85% · Futures: 100% of first $15k, then 90%
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2-Step: 5% daily / 10% static · 1-Step: 3% daily / 10% EOD trailing (locks reset after each payout)
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2-Step: 10% (5% daily) · 1-Step: 6% (3% daily) · Lite: 8% (4% daily) · Instant: 6% trailing
Target: 2-Step: 8%/5% · 1-Step: 10% · Lite: 8%/4% · Instant: none · Payout: Up to 95% (Instant: up to 80%)