- Real accounts with up to $1,000,000 in genuine capital.
- Bi-weekly payouts with profit shares of 70% to 90%.
- 1:100 leverage for Standard challenge accounts.
- Permitted overnight positions and news trading.
- Exclusive benefits for Extended challenge accounts.
TradingFunds
- Impressive Trustpilot rating of 4.3/5.
- Single-step evaluation with 1:10 to 1:100 leverage.
- Profit sharing of 80% to 90%.
- Flexible trading: overnight, weekends, and during news events.
- Unrestricted trading strategy.
Cons ❌
Funded Academy
- Lot size restrictions
- 1:10 leverage on Extended challenge accounts
- Monthly payouts on Extended challenge accounts
TradingFunds
- Elevated evaluation account fees
- Trailing Drawdown
- Starting leverage at a low of 1:10
- 2% Maximum stop-loss for each instrument
Rules 📋
Funded Academy
Lot Size Limit, Maximum Daily Loss, Maximum Loss, No Weekend Holding, Profit Target, Stop Loss Required, Third Party Copy Trading Risk, Third Party EA Risk
TradingFunds
Maximum Trailing Drawdown, Profit Target, Stop Loss Required, Third Party Copy Trading Risk, Third Party EA Risk
Retail traders seeking access to substantial capital will find Funded Academy an enticing proposition, offering real accounts funded up to $1,000,000. This prop firm stands out for its generous profit-sharing model, with traders retaining between 70% to 90% of profits, which is significantly higher than the industry standard. Furthermore, bi-weekly payouts ensure that successful traders have swift access to their earnings—a feature not always available with other firms. The option to engage in overnight positions and trading during news events provides traders with flexible timing strategies.
For those opting for the Standard challenge account, Funded Academy offers a leverage of 1:100, which is advantageous for those confident in managing risk. Additionally, Extended challenge accounts come with exclusive benefits, not detailed here, but which potentially offer increased value to the user. However, traders must be aware of specific rules such as lot size limits, maximum loss allowances, and no weekend holding amongst others, which could constrain trading styles. The firm has a variety of deposit methods, though withdrawal options are only through crypto, which might be a limitation for some.
TradingFunds Summary
TradingFunds depicts an attractive profile, boasting an impressive Trustpilot rating of 4.3/5, indicative of good customer satisfaction and trustworthiness. The firm sets itself apart with a single-step evaluation process, eliminating the usual multiple-tiered challenges seen elsewhere. Leveraging options are flexible, ranging from 1:10 to 1:100 which suits a variety of trading styles and risk appetites. Traders receive a high profit share, similar to Funded Academy, at 80% to 90%.
Where TradingFunds excels is in permitting unrestricted trading strategies, which means traders are not limited in their approach. Furthermore, trading can be carried out overnight, weekends, and during news events, allowing maximal market participation. Some potential downsides include the elevated fees for evaluation accounts and a maximum stop-loss cap of 2% for each instrument, which might not sit well with all trading strategies. Additionally, the trailing drawdown can serve as a double-edged sword, providing some buffer but also potentially reducing trading freedom. The deposit and withdrawal methods are more varied than Funded Academy, with the inclusion of PayPal and Deel as withdrawal options.
Comparative Analysis
When juxtaposing Funded Academy with TradingFunds, the choices come down to specifics—account size offered, flexibility in trading styles, and capital access. At first glance, Funded Academy offering up to $1 million in genuine capital is a head-turner and may be the decisive factor for traders looking for high ceilings. Yet, the unique value of TradingFunds lies in their straightforward evaluation process and flexibility in terms of unrestricted trading strategies.
With regards to the trading instruments, both firms maintain a robust list that covers most of the significant markets; however, Funded Academy also includes stocks in their portfolio, which may appeal to those interested in equity markets.
It's crucial to pinpoint that TradingFunds' high Trustpilot rating is indicative of their customer service quality and client satisfaction, a non-negligible metric when considering the relational aspects of a prop firm. Lastly, trading rules and capital protection strategies, such as the maximum daily loss and trailing drawdown, may significantly impact a trader's choice depending on their risk management preferences.
Final Thoughts
Both Funded Academy and TradingFunds offer compelling propositions for retail traders seeking prop firm partnerships. Funded Academy might attract those looking for high-profit sharing and larger capital pools, while TradingFunds appears to cater to traders valuing simplicity in evaluation and a higher customer satisfaction rate. As always, the decision for retail traders and potential users rests on aligning the firm's offerings with their trading objectives, strategy preferences, and risk tolerance. Each prop firm brings unique perspectives and benefits to the table; therefore, thorough consideration and compatibility analysis is advised before making a commitment.
