The Funded Trader offers various evaluation challenges designed to test trading skills before providing access to a simulated funded account. Pricing is a one-time evaluation fee that varies based on the challenge type, the number of evaluation steps (1, 2, or 3), and the size of the virtual account balance you select.
The Funded Trader costs between $489 and $578 per one-time evaluation fee with five named plans described: Knight Pro, Royal, Royal Pro, Knight, and Dragon.
Selecting the right challenge determines your evaluation cost and the structure of your trading rules. The price displayed in the screenshot represents a specific configuration, but you can customize your options.
Knight Challenge (1-Step Configuration Example)
Price: $549.00 (One-time, for $200,000 balance)
Websites Supported: Not explicitly stated
Best For: Traders seeking a fast, single-phase evaluation.
Refund Policy: Not explicitly stated
Other Features:
- 1-Step challenge phase
- $200,000 virtual balance selected
- Profit Target: 10% ($20,000)
- Daily Drawdown: 3% ($6,000)
- Maximum Drawdown: 8% ($16,000)
This example of the Knight Challenge is great for experienced traders. You're proving your skills quickly in one phase, and you can become eligible for your first payout fast, potentially in just seven days.
Knight Pro Challenge
Price: Not explicitly stated
Websites Supported: Not explicitly stated
Best For: High-performance traders maximizing profit splits.
Refund Policy: Not explicitly stated
Other Features:
- Streamlined, single-phase evaluation
- Up to $2,500,000 funded allocation is available
- VIP program offers up to 95% payout split
- Anytime payouts and news trading are enabled
Choose the Knight Pro if you prioritize maximum payout potential and scaling. Itβs designed for rapid skill-building and uses a balance-based daily drawdown model.
Royal Challenge
Price: Not explicitly stated
Websites Supported: Not explicitly stated
Best For: Traders who rely on automated strategies or need weekend flexibility.
Refund Policy: Not explicitly stated
Other Features:
- Two-step evaluation process
- Allows the use of Expert Advisors (EAs)
- Permits holding trades over the weekend
- No lot size limitations
- Minimum of 5 trading days required per phase
If your strategy involves automation or requires holding positions over the weekend, the Royal Challenge offers the flexibility you need. This program is unique because it supports EAs.
Royal Pro Challenge
Price: Not explicitly stated
Websites Supported: Not explicitly stated
Best For: Traders using diverse strategies like news and crypto trading who aim for high reward splits.
Refund Policy: Not explicitly stated
Other Features:
- Redefines trading flexibility
- Supports news trading and crypto trading
- Scaling opportunities up to $600K funded accounts
- VIP program offers a 95% reward split
The Royal Pro is perfect for traders seeking innovative risk management and diverse market access. Quick rewards and maximum scaling make this option very attractive.
Dragon Challenge
Price: Not explicitly stated
Websites Supported: Not explicitly stated
Best For: Budget-conscious traders seeking the most affordable entry point.
Refund Policy: Not explicitly stated
Other Features:
- Three-step evaluation program
- Offers an additional phase to lower the evaluation fee
The Dragon Challenge provides an accessible path to becoming a funded trader. The three-step process is specifically structured to offer a more affordable evaluation fee upfront.
We only found explicit prices for the one-time evaluation fees, which include program costs ranging from $489 to $578 for specified $100k account challenges. There is no information provided about a free plan or a free trial. The challenge fee is paid upfront for the evaluation process itself.