3% maximum daily drawdown (soft breach)Based on 3% of the starting day balance. Up to 3 soft breaches are allowed per phase; the account is permanently closed on the 3rd. Includes simulated commissions and swap fees.
Maximum loss
8% maximum lossFixed against the account starting balance per the Knight Pro guide. The comparative rules table labels this model as relative drawdown, so check the current guide before relying on the floor.
Consistency
Daily March: 3 profitable trading days at 1% minimum eachA profitable day requires at least 1% minimum daily profit. There is no Best Day percentage rule.
Payout
Anytime payouts on the funded account, subject to the current payout policy. Processing takes 3 to 5 business days after approval.Up to 99% reward split
Time
Unlimited, subject to the 30-day inactivity rule (one 0.01-lot trade every 30 consecutive days)3 profitable days at 1% minimum daily profit during the challenge
3% maximum daily drawdown (soft breach)Equity-based on the starting day balance. Up to 3 soft breaches are allowed; the account is permanently closed on the 3rd.
Maximum loss
8% static maximum drawdownFixed against the initial account balance.
Consistency
Daily March: 5 minimum trading days at 1% profit eachThe challenge requires 5 minimum trading days with at least 1% profit on each. No Best Day percentage rule applies.
Payout
Anytime payouts, with a payout criterion of 1% profit on a minimum of 2 profitable days per withdrawal cycle.Up to 99% reward split
Time
Unlimited, subject to the 30-day inactivity rule (one 0.01-lot trade every 30 consecutive days)5 trading days at 1% profit each
5% maximum daily drawdown (soft breach)Equity and balance based. Up to 3 soft breaches are allowed per phase; the account is permanently closed on the 3rd.
Maximum loss
10% static maximum drawdownFixed against the initial deposit or account balance.
Consistency
Daily March minimum daily profit1% minimum profit on the required profitable days: 5 in Phase 1, 3 in Phase 2 and 2 on the funded account.
Payout
Reward eligibility from 3 days after the funded account is received (marketed as 2-day rewards); processing takes 3 to 5 business days after approval.Up to 99% reward split
Time
Unlimited, subject to the 30-day inactivity rule (one 0.01-lot trade every 30 consecutive days)5 profitable days at 1% in Phase 1; 3 in Phase 2
5% maximum daily drawdown (hard breach)Hard breach based on balance or equity, whichever is higher, within a 24-hour period starting at 5 PM EST. Resets daily.
Maximum loss
10% static maximum drawdownFixed against the initial account balance.
Consistency
No consistency or Daily March ruleOnly the published trading objectives apply.
Payout
First withdrawal from 30 days after the funded account is received, or 14 days with the withdrawal add-on. Processing takes 3 to 5 business days after approval.Up to 95% under the VIP programme
Time
Unlimited, subject to the 30-day inactivity rule (one 0.01-lot trade every 30 consecutive days)5 trading days in each phase
5% maximum daily drawdown (hard breach)Hard breach based on balance, including simulated commissions and swap fees.
Maximum loss
10% static maximum drawdownFixed against the initial account balance.
Consistency
No consistency rulePayout tiers are based on payout history rather than a Best Day percentage.
Payout
First withdrawal eligible 7 days after passing all phases. The account must be in profit by at least 0.25% of its original size to initiate a withdrawal.Up to 99% reward split, tiered by payout history
Time
Unlimited, subject to the 30-day inactivity rule (one 0.01-lot trade every 30 consecutive days)0 minimum trading days
TFT is organised under Texas law and accepts US traders. Banned jurisdictions are Cuba, Iran, North Korea, Syria, Russia, the Crimea/Donetsk/Luhansk regions of Ukraine and anyone on the SDN list.
Match-Trader, cTrader, Platform 5 via Thaurus (non-US only)
PAYOUT EVIDENCE
Company claim vs proof
TFT says payout requests are processed within 3 to 5 business days of approval (2 business days on the King's Program), with approvals run daily around 5 PM EST and payouts currently made via crypto. No independently audited payout ledger reviewed.
The official source was reachable when checked on 6 August 2026. Operating status does not prove payout reliability.
Does The Funded Trader accept US traders?+
TFT is organised under Texas law and accepts US traders. Banned jurisdictions are Cuba, Iran, North Korea, Syria, Russia, the Crimea/Donetsk/Luhansk regions of Ukraine and anyone on the SDN list.
What programmes does The Funded Trader offer?+
Knight Pro Challenge: 10% in a single evaluation phase Knight Challenge: 10% in a single evaluation phase Royal Pro Challenge: 8% in Phase 1, then 5% in Phase 2 Royal Challenge: 8% in Phase 1, then 5% in Phase 2 Dragon Challenge: 8% in Phase 1, 5% in Phase 2 and 5% in Phase 3 Classic 1 Step Challenge: 10% in a single evaluation phase Classic 2 Step Challenge: 8% in Phase 1, then 5% in Phase 2
How does The Funded Trader calculate drawdown?+
Knight Pro Challenge: Fixed against the account starting balance per the Knight Pro guide. The comparative rules table labels this model as relative drawdown, so check the current guide before relying on the floor. Knight Challenge: Fixed against the initial account balance. Royal Pro Challenge: Fixed against the initial deposit or account balance. Royal Challenge: Fixed against the initial account balance. Dragon Challenge: Fixed against the initial account balance. Classic 1 Step Challenge: Based on the initial account balance during the challenge and relative drawdown on the funded account. Classic 2 Step Challenge: Fixed against the initial account balance.
Are The Funded Trader payouts independently audited?+
No independently audited payout ledger reviewed.
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