Research profile

Funded Trader Markets

Funded Trader Markets

Updated Oct 29
Details
  • Profile details were refreshed

Forex/CFD prop firm launched in August 2024 with 1-Step, 2-Step and Instant simulated accounts, on-demand rewards in USDT or via Rise, and MetaTrader 5, cTrader, TradeLocker and Match-Trader. Its site names three companies: Formed Technologies INT FZCO (UAE, reg. 36580), which the site footer calls the contracting entity for all clients; FTM Funded Trader Markets LTD (Cyprus, HE462185), which acts as payment agent; and Funded Trader Markets LTD (Saint Lucia, 2025-00239), which holds the MetaTrader 5 licence.

Profiled by ProprietaryTrading.com

Things to know (4)

Independent notes from our review. Many firms have some; check the sources for detail.

Medium (2)

  • Most Trustpilot reviews posted in Oct 2026 report disputed rule breaches tied to slippage, spreads or stop-loss execution, and some say payouts were cut or refused under multi-account ('sequential trading') rules. The firm last replied to a negative Trustpilot review on 20 Aug 2026. Trustpilot (opens in new tab)
  • Trustpilot shows a warning that it removed fake reviews for this company and is withholding its rating for a breach of its guidelines (seen since about Sep 2026; checked 29 Oct 2026). Trustpilot (opens in new tab)
Low (2)
  • FTM is not licensed by CySEC or any other financial regulator. Its About page calls its Cyprus company a "CySEC-aligned entity", and its own terms say it is not a broker. About page (opens in new tab)
  • FTM's own pages disagree on refunds (14-day money-back guarantee vs "all sales are final"), on which company you contract with, and on the profit split (100% vs 90% of the first $10,000). The "24 hours or we pay double" promise covers only rewards up to $1,000, in business hours. Terms & Conditions (opens in new tab)
Headquarters
Dubai, UAE / Nicosia, Cyprus / Saint Lucia
Founded
2024
Legal entity
Formed Technologies INT FZCO (UAE, reg. 36580; contracting entity per site footer); FTM Funded Trader Markets LTD (Cyprus, HE462185; payment agent); Funded Trader Markets LTD (Saint Lucia, 2025-00239)
Funding model
Evaluation + Instant Funding
Geographic availability

U.S. availability: not confirmed

MetaTrader 5 and cTrader are not offered to US residents (site footer, checked 29 Oct 2026). Source: fundedtradermarkets.com ↗ (opens in new tab)

May suit

traders focused on forex, commodities, crypto; traders who want a choice between evaluation and instant-funding paths.

Consider alternatives if

you require futures, stocks, options.

Trader rating

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At a glance

Structured facts about this firm

Firm Type
Evaluation + Instant Funding prop firm
Market Focus
Forex, Commodities, Crypto
Trading Style
Discretionary intraday trading
Retail Accessibility
Open to retail traders via evaluation
Based in
Dubai, UAE / Nicosia, Cyprus / Saint Lucia
Geographic availability
Global (some jurisdictions excluded)
Known For
1-Step Nitro, 2-Step Plus and three Instant account types
CEO
Revin John Zabala

Payout structure

How and when you get paid

Profit splitUp to 90% to trader
Payout frequencyOn demand (after the minimum trading days, consistency rule and 1% minimum profit); USDT TRC20 or Rise
First payout eligibilityAfter the minimum trading days (5 on funded and instant accounts), the consistency rule and a minimum profit of 1% of the starting balance

Funding programs

Account types and the path to capital

Evaluation

Single-phase evaluation: 10% target, 4% daily loss limit, 6% trailing drawdown (locks), no time limit. Consistency: no more than 50% of the target in one day during the challenge and 45% of profit in one day when funded. A Nitro X variant has a lower target.

Profit split
80–90%
Payouts
On demand
First payout
After 5 trading days on the funded account, the consistency rule and 1% minimum profit
Max drawdown
6%
Daily loss limit
4%
Min trading days
5
Platforms
MetaTrader 5, cTrader, TradeLocker, Match-Trader

Pricing notes

$100K: $622 list, $249 sale price (29 Oct 2026); 1-Step from $20 on smaller sizes.

Two-phase evaluation: 8% then 5% targets, 4% daily loss limit, 10% balance-based (static) drawdown, no time limit. Shield rule: floating loss capped at 1% of the initial balance; each breach closes positions and cuts the split (50%, 40%, 30%, then 20% permanently).

Profit split
70%
Payouts
On demand
First payout
After 5 trading days on the funded account and 1% minimum profit
Max drawdown
10% (static)
Daily loss limit
4%
Min trading days
3
Platforms
MetaTrader 5, cTrader, TradeLocker, Match-Trader

Pricing notes

$100K: $998 list, $399 sale price (29 Oct 2026); 2-Step from $25 on smaller sizes.

Instant Funding

No evaluation: 3% daily loss limit, 5% trailing drawdown, 15% consistency rule, minimum 5 trading days before a reward.

Profit split
50–80%
Payouts
On demand
First payout
After 5 trading days, the 15% consistency rule and 1% minimum profit
Max drawdown
5%
Daily loss limit
3%
Min trading days
5
Platforms
MetaTrader 5, cTrader, TradeLocker, Match-Trader

Pricing notes

$100K: $723 list, $398 sale price (29 Oct 2026); Instant from $24 on smaller sizes.

Instant Pro

No evaluation: 3% trailing overall drawdown, 15% consistency rule, minimum 5 trading days before a reward. The plan text says there is no daily drawdown limit; the comparison table lists 3%.

Profit split
Up to 80%
Payouts
On demand
First payout
After 5 trading days, the 15% consistency rule and 1% minimum profit
Max drawdown
3%
Min trading days
5
Platforms
MetaTrader 5, cTrader, TradeLocker, Match-Trader

Pricing notes

$100K: $600 list, $330 sale price (29 Oct 2026).

Instant Plus

No evaluation: 3% daily loss limit, 6% trailing drawdown (locks), 15% consistency rule. Shield rule: floating loss capped at 1% of the balance; each breach closes positions and cuts the split (50%, 40%, 30%, then 20% permanently).

Profit split
80%
Payouts
On demand
First payout
After 5 trading days, the 15% consistency rule and 1% minimum profit
Max drawdown
6%
Daily loss limit
3%
Min trading days
5
Platforms
MetaTrader 5, cTrader, TradeLocker, Match-Trader

Pricing notes

$100K: $884 list, $442 sale price (29 Oct 2026).

Trading rules

What's allowed, what isn't

Asset classes supported

ForexCommoditiesCrypto

Not offered: Futures, Stocks, Options

News trading allowed—
Overnight holding allowed—
Weekend holding allowed—
Copy trading allowedⓘ—

Related terms: trailing drawdown · consistency rule · profit split

Platforms & technology

Where and how you trade

Data feed provider—
InstrumentsSimulated forex CFDs plus gold (XAUUSD) and crypto symbols; full symbol list on the firm's Instruments & Specification page

Supported platforms

MetaTrader 5cTraderTradeLockerMatch-Trader

Pros & cons

A balanced view based on documented terms

Strengths

  • +Large, checkable payout record: $10.39M paid on-chain across 6,337 payouts (PropPayouts, Oct 2026)
  • +Rewards on demand once the minimum days and profit are met
  • +No time limits on the 1-Step and 2-Step evaluations
  • +Four trading platforms, including Match-Trader and TradeLocker

Trade-offs

  • −"Shield" rule on 2-Step Plus and Instant Plus cuts the split after each 1% floating-loss breach, down to a permanent 20%
  • −Instant Standard pays 50% on the first reward, rising to 80% from the fourth
  • −5% fee on crypto rewards
  • −Terms let the firm cut leverage to 1:10, require a verification call before a reward, or disqualify traders at its sole discretion
  • −MetaTrader 5 and cTrader are not offered to US residents
  • −Refund terms differ across the firm's own pages

Funded Trader Markets FAQs

Based on terms reviewed Oct 29

What should traders verify before choosing Funded Trader Markets?+

Review the specific program's drawdown rules, payout eligibility, prohibited strategies, platform availability, refund terms and any country restrictions before purchasing. Terms can differ between programs at the same firm. This profile summarizes the latest documented terms we found, but traders should confirm the current rules directly with Funded Trader Markets before purchasing.

Does Funded Trader Markets offer evaluation and instant-funding options?+

Funded Trader Markets offers an evaluation (challenge) path and an instant-funding path. Program rules, fees and payout terms can differ between paths, so confirm the terms of the specific program you intend to buy.

How do Funded Trader Markets's payouts and profit split work?+

The published profit split is up to 90% of net profits to the trader, depending on the program; payout frequency: On demand (after the minimum trading days, consistency rule and 1% minimum profit); USDT TRC20 or Rise; first payout eligibility: After the minimum trading days (5 on funded and instant accounts), the consistency rule and a minimum profit of 1% of the starting balance. Payout eligibility begins after the applicable program cycle, and program-specific terms should be confirmed directly with the firm.

Which platforms and markets are available at Funded Trader Markets?+

Platforms: MetaTrader 5, cTrader, TradeLocker, Match-Trader. Markets: forex, commodities, crypto. Availability can differ by program and by region — confirm on the firm's platform and product pages before purchasing.

Visit Funded Trader Markets ↗ (opens in new tab)

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