To be the best prop firm among the pool of many in the Prop trading world is all about flexibility, funding speed, and clear payout terms are crucial. Funded Squad stands out with its instant funding model, making it one of the most attractive prop firms for traders seeking fast, secure capital.
In this comparison, we’ll look at what sets Funded Squad apart from other industry giants like FTMO and FundedNext, analyzing how its unique offerings such as immediate access to capital, a competitive scaling plan, and on-demand payouts make it a clear choice for traders aiming to scale quickly.
What is a Funded Squad?
Funded Squad is a revolutionary prop firm redefining trader funding. Unlike traditional models, Funded Squad offers instant funding without complex evaluations, enabling traders to start trading with simulated capital instantly. Their offering includes perks like no consistency rules, flexible account stacking up to $400K, on-demand payouts, and a low-profit target of 6%.
Funded Squad’s instant funding accounts begin at just $249 for a $25K account, with options to scale up with every 10% profit.
Funded Squad vs FTMO: Key Differences
1. Instant Funding Model vs Evaluation Process
FTMO requires traders to undergo a strict 2-step evaluation process with a 10% profit target, which can lead to prolonged delays and performance pressure. Funded Squad eliminates this by offering instant funding at affordable prices, giving traders direct access to simulated capital without lengthy evaluations.
Feature | Funded Squad | FTMO |
Instant Funding | Yes | No |
Evaluation Process | 1-Step & 2-Step (Optional) | 2-Step |
Profit Target | 6% | 10% |
Account Stacking | Up to $400K | Same as Funded Squad |
2. Scaling Plans
Funded Squad provides a scaling plan that doubles the account size for every 10% profit achieved, while FTMO only increases the account size by 25% every four months if conditions are met. This flexibility allows Funded Squad traders to scale more dynamically, focusing on growth rather than restricted profit targets.
Funded Squad vs FundedNext: Breaking Down the Perks
1. Profit Split and Drawdown Limits
Funded Squad offers up to a 100% profit split and maintains a drawdown limit of up to 12%, providing traders with more leeway than FundedNext, whose limits are capped at 10%. This flexibility is designed to help traders manage their risk effectively, supporting both growth and profit retention.
Feature | Funded Squad | FundedNext |
Profit Split | Up to 100% | 80% |
Overall Drawdown Limit | Up to 12% | 10% |
Instant Funding | Yes | No |
Scaling Plan | 100% with 10% profit | 40% every 4 months |
2. Trading Flexibility and No Time Constraints
Funded Squad empowers traders to work without daily time constraints, offering unlimited trading periods and flexible daily and overall drawdown limits. FundedNext, by contrast, imposes stricter rules that can limit a trader’s potential. This additional flexibility at Funded Squad allows traders to make informed, strategic decisions without the pressure of tight deadlines.
Why Funded Squad’s Instant Funding Model is a Game-Changer
Funded Squad’s approach to instant funding is designed for traders who value efficiency and a straightforward path to capital. Without the stress of multi-step evaluations, traders can access capital with fewer barriers and start trading immediately. Furthermore, Funded Squad’s guaranteed payouts ensure that traders can request their profits whenever needed, providing an additional layer of trust and security.
Benefits of Choosing Funded Squad
- Flexible Funding Options: Choose between instant funding or a simplified evaluation, tailored to your skill level.
- Secure and Fast Payouts: With RISE integration, Funded Squad guarantees seamless, on-demand payouts for traders.
- Community Support and Training: Funded Squad’s Discord community offers 24/7 support, connecting traders with peers and expert advice.
Conclusion:
Funded Squad’s instant funding model, competitive scaling plan, and trader-friendly payout system make it a standout in the prop firm industry. Compared to traditional prop firms like FTMO and FundedNext, Funded Squad’s emphasis on accessibility, affordability, and trust places it as a top choice for traders looking to maximize their earning potential.
Ready to experience the Funded Squad difference? Skip the waiting and start trading with instant funding today!