How the Phase 1 free service works
Most traders fail prop firm challenges on the daily drawdown rule, not on their strategy. We pass challenges for a living. Phase 1 is on us. Phase 2 terms are agreed with you directly on Telegram.
What you need to send us
- The prop firm name and the challenge account size
- Your MT4 or MT5 login, password and server name for the challenge account
- Confirmation that the account is fresh (no trades placed yet)
What we do
- We trade the account using our own gold and forex strategy with fixed risk per trade.
- We never use more than 50% of the daily drawdown limit on any single day.
- We keep you updated on Telegram as the account progresses.
- Once the profit target is hit and the minimum trading days are met, we stop and let the firm verify the phase.
Timeline
Phase 1 usually takes 5 to 15 trading days depending on the firm's minimum trading days rule and market conditions. Phase 2 is similar. We do not rush accounts, because rushing is what breaches them.
If Phase 1 fails
It happens. Markets can gap, and some firms' rules are tighter than others. If we breach a Phase 1 account, you owe us nothing. You can buy a new challenge and we'll trade Phase 1 for free again. There is never a charge for Phase 1.
If Phase 2 fails
If we breach a Phase 2 account, we trade your next Phase 2 attempt at no extra cost.
After you're funded
The account is yours. Most clients then choose one of two options:
- Trade it themselves.
- Talk to us on Telegram about ongoing support with the funded account.
Who's behind this
Funded Trader Today is run by a UK-based gold and forex trading team with over ten years in the markets. We started passing challenges for our own signal members and turned it into a full service when demand grew.
Ready to get funded?
Message the word FUND on Telegram with your prop firm and account size. We reply within a few hours.
Message us on Telegram