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Home › Comparisons › Funded Trader Markets vs Funded Squad — Which is Better?
Funded Trader Markets
8.6/10
★★★★☆
VS
Funded Squad
8.9/10
★★★★½

Funded Trader Markets vs Funded Squad — Which is Better? (2026)

Our editorial team compared every key metric — fees, rules, profit split, payouts — so you can pick the right firm.

Get Funded Now — Funded Trader Markets View Firm — Funded Squad

Funded Trader Markets vs Funded Squad — Side-by-Side

Feature Funded Trader Markets Funded Squad
Payout
Profit Split Up to 90% 100% (most programs)
Payout Frequency On-demand (avg <20 min) On-demand / Daily / Every 5–7 days (by program)
Max Account Size $300,000 $200,000
Our Verdict — Funded Trader Markets vs Funded Squad

Winner: Funded Squad

Funded Trader Markets vs Funded Squad — Executive Summary (2026)

In this independent head-to-head comparison of Funded Trader Markets vs Funded Squad, we break down challenge rules, pricing, profit splits, and payout conditions to help you decide which prop firm is the better fit for your trading style.

Funded Trader Markets: On-Chain Payout Proof. 20-Min Withdrawals. 24h or Double.

Funded Squad: $1K Missed-Payout Penalty. 100% Fee Refunds. Reward Protection.

Based on our independent scoring methodology, Funded Squad scores 8.9/10 overall — but the best choice depends on your specific needs. Read the full comparison below.

Quick Stats: Funded Trader Markets vs Funded Squad

BestProp Score: Funded Trader Markets scores 8.6/10 vs Funded Squad at 8.9/10.

Minimum Fee: Funded Trader Markets starts from $20; Funded Squad starts from $49. Funded Trader Markets is cheaper at entry level.

Profit Split: Funded Trader Markets offers Up to 90%; Funded Squad offers 100% (most programs). Funded Squad has the higher split.

Platforms: Funded Trader Markets supports MT5, cTrader, TradeLocker, MatchTrader; Funded Squad is on Platform 5, Match Trader.

Tradeable Markets: Funded Trader Markets covers Forex, Commodities, Crypto, Indices; Funded Squad offers Forex, Metals, Indices, Crypto, Commodities.

Pricing Comparison: Funded Trader Markets vs Funded Squad

Challenge fees are typically the biggest factor when choosing a prop firm. Here is how Funded Trader Markets and Funded Squad compare on pricing.

Funded Trader Markets challenge fees start from $20. Total payouts to date: $6,190,000+.

Funded Squad challenge fees start from $49. They have funded over 30,000+ traders. Total payouts to date: $2,000,000+.

On entry-level pricing, Funded Trader Markets offers a lower starting fee — an important factor if you are testing with a smaller account first.

Challenge Rules: Funded Trader Markets vs Funded Squad

Drawdown Rules

Trading Conditions

Payout Comparison: Funded Trader Markets vs Funded Squad

Funded Trader Markets profit split: Up to 90%. Funded Squad profit split: 100% (most programs). Funded Squad delivers the higher cut to traders.

Payout frequency: Funded Trader Markets pays On-demand (avg <20 min); Funded Squad pays On-demand / Daily / Every 5–7 days (by program). Faster payouts are better for cash flow management.

Funded Trader Markets — Full Review

Here is our full independent review of Funded Trader Markets:

Introduction to Funded Trader Markets

Funded Trader Markets (FTM) is a prop firm registered in Cyprus (HE462185) with operational offices in Dubai Digital Park, UAE, and an additional entity in Saint Lucia. CEO Revin Zabala runs a platform that has paid out $6.19M+ to traders across 160+ countries.

The most distinctive feature on the platform is on-chain payout verification: every performance reward is settled via the Arbitrum network and publicly verifiable on Arbiscan. This means any prospective trader can independently audit that withdrawals were actually processed — not just claimed in a PDF screenshot. It is a level of financial transparency that remains rare in the prop firm space.

Payout speed backs this up in practice: most rewards complete in under 20 minutes. The guarantee is one of the strongest available — if any payout takes longer than 24 hours, the delayed amount is doubled.

Who Is Funded Trader Markets For?

FTM suits traders who prioritise platform flexibility, payout transparency, and permissive trading rules. Four platforms are supported — MT5, cTrader, TradeLocker, and MatchTrader — giving traders genuine choice in their execution environment. All accounts are swap-free, news trading is permitted, and weekend holding is allowed. For traders who have been restricted on those activities at other firms, FTM’s ruleset is noticeably more permissive.

The 1-Step Nitro path with a 10% target suits confident traders who want a fast route to funding. The 2-Step path suits traders who want lower fees and more time to demonstrate consistency.

Challenge Programs

  • 1-Step Nitro ($5K–$300K): Single-phase evaluation. 10% profit target. 4% daily drawdown, 6% max drawdown. No time limit. Profit split up to 90% (on first $10K earned). Fees $20–$649. On-demand payouts.
  • 2-Step Challenge ($5K–$300K): Two-phase evaluation. Lower entry fees from $33. Up to 90% profit split. $300K max allocation. No time limit. Suited to traders who want incremental targets and a steadier path.
  • Instant Funding (various sizes): Skip evaluation — receive funded capital immediately. Fees from $47. Up to 80% profit split. On-demand payouts. Full trading rule set applies from day one.

All programs are swap-free. News trading and overnight/weekend position holding are permitted across all program types.

Trading Rules and Platforms

Four supported platforms: MetaTrader 5, cTrader, TradeLocker, MatchTrader. Leverage up to 1:100. Instruments: forex pairs, commodities, indices, crypto. US residents are restricted from MT5 and cTrader services specifically (other platforms may be available subject to their jurisdiction — verify directly).

Restricted countries: Cuba, Syria, Iran, Lebanon, Iraq, Yemen, North Korea. Cyprus residents are also excluded from certain services.

Payouts

  • Typical processing: Under 20 minutes
  • Guarantee: 24-hour window — if missed, the delayed amount is doubled
  • On-chain verification: All transactions publicly verifiable on Arbiscan (Arbitrum network)
  • Methods: Cryptocurrency, Rise Works
  • Split: Up to 90% (1-Step/2-Step) | Up to 80% (Instant)

Our Verdict

Funded Trader Markets earns a 7.6 BestProp score. The on-chain payout verification is a genuine standout — transparent proof of payment that no PDF screenshot can match. The doubled-payout penalty for late settlements is the most aggressive guarantee we have reviewed. Four platform options, permissive trading rules (news, weekends, swap-free), and fees starting at $20 for the 1-Step make the entry barrier low.

The firm is newer and does not yet have a large Trustpilot footprint to assess independently. Max allocation of $300K is solid but trails the $450K–$600K ceiling offered by the largest firms. Overall a strong, transparent option — particularly for traders who want proof, not promises, that their payouts will arrive.

Funded Squad — Full Review

Here is our full independent review of Funded Squad:

Introduction to Funded Squad

Funded Squad is operated by Devionics Technology FZCO, headquartered at Dubai Silicon Oasis, UAE. With 30,000+ traders across 130+ countries and $2M+ in distributed rewards, the platform has grown quickly since launch on the back of a notably trader-friendly ruleset: 100% fee refunds on evaluation accounts, reward protection that lets traders keep profits even after failing the funded phase, and the strongest payout penalty we have reviewed — a $1,000 bonus if their 12-hour processing window is missed.

Six distinct program types give traders genuine choice across instant funding and evaluation paths, all with 100% profit splits (except Instant Pro at 70%) and no time limits.

Who Is Funded Squad For?

Funded Squad suits traders who want low drawdown risk with high profit retention. The 2-Step Squad account’s 12% max drawdown is one of the most forgiving in the space, while the 1-Step Evaluation’s 7% max drawdown with a refundable fee and 100% split is an attractive combination for traders who are confident in their edge but want fee protection if things go wrong.

The scaling plan doubles account size for every 10% profit milestone — a path that reaches $1,000,000 in total allocation. For systematic and EA traders, automated trading is permitted on all platforms and no consistency rules apply on instant accounts.

Challenge Programs

  • Instant Lite ($2.5K–$200K): No profit target, no consistency rules. 3% daily loss limit, 6% max drawdown (trailing). 100% profit split. On-demand payouts. From $49 + $10 platform fee. Leverage 1:50.
  • Instant Pro ($2.5K–$100K): No profit target. 3% daily loss limit, 6% max drawdown (static). 70% profit split. Payouts every 5 days. From $49 + $10 platform fee. Leverage 1:20.
  • 1-Step Evaluation ($5K–$200K): 8% profit target. 3% daily loss limit, 7% max drawdown (static). 100% split. On-demand payouts. From $79 + $10 platform fee. Fee 100% refundable. Leverage 1:100.
  • 1-Step Pro Evaluation ($5K–$200K): 10% profit target (Phase 1); 6% static max DD (Phase 2). 3% daily loss limit. 100% split. Daily payouts. Min 3 trading days Phase 1, min 1 day Phase 2. News trading and weekend holding permitted in Phase 1 only. From $79 + $10 platform fee. Fee 100% refundable. Leverage 1:30.
  • 2-Step Fast ($5K–$200K): 6% target per phase. 4% daily loss limit, 8% max drawdown (static). 100% split. Payouts every 7 days. From $69 + $10 platform fee. Fee 100% refundable. Leverage 1:100.
  • 2-Step Squad ($5K–$200K): 8% Phase 1 / 6% Phase 2 targets. 5% daily loss limit, 12% max drawdown (static) — one of the most generous drawdown buffers available. 100% split. Payouts every 7 days. From $69 + $10 platform fee. Fee 100% refundable. Leverage 1:100.

Reward Protection

Funded Squad offers an unusual guarantee: if a trader fails the funded phase after already receiving payouts, those payouts are not clawed back. Earned rewards remain with the trader regardless of what happens to the account afterward. This removes the risk of a firm claiming back previously paid profits — a practice that has occurred at other firms and caused significant community backlash.

Trading Rules and Platforms

Two platforms: Platform 5 (their proprietary platform, built for speed and advanced order types) and Match Trader. Instruments: forex, metals, indices, crypto, commodities. EAs and automated strategies permitted on all platforms. No consistency rules on instant accounts.

Note: a $10 platform fee applies per account in addition to the challenge fee.

Payouts

  • Guarantee: 12 hours — missed deadline triggers a $1,000 bonus payment (the strongest payout penalty we have reviewed)
  • Frequency: On-demand (1-Step Eval/Instant Lite) | Daily (1-Step Pro) | Every 5 days (Instant Pro) | Every 7 days (2-Step)
  • Methods: Crypto, Rise
  • Scaling ceiling: $1,000,000 (account doubles per 10% profit milestone)
  • Reward protection: Previously paid rewards retained even after funded account failure

Our Verdict

Funded Squad earns a 7.9 BestProp score. The combination of 100% fee refunds, $1,000 payout penalty, reward protection, no consistency rules, and six program types with 100% splits makes the trader-value proposition among the strongest we have reviewed. The 2-Step Squad’s 12% drawdown buffer stands out for traders who need breathing room. Platform 5 is proprietary but capable.

The firm is newer and $2M+ in total payouts — while real — is modest compared to larger firms. No public Trustpilot data was available at time of writing. Overall, Funded Squad is a strong contender for traders who want maximum split retention and fee protection, with the payout guarantee providing a meaningful safety net.

Funded Trader Markets — Key Strengths

  • BestProp score: 8.6/10
  • Competitive Up to 90% profit split
  • Challenge fees from $20
  • $6,190,000+ total paid out
  • Available on MT5, cTrader, TradeLocker, MatchTrader

Funded Squad — Key Strengths

  • BestProp score: 8.9/10
  • Competitive 100% (most programs) profit split
  • Challenge fees from $49
  • 30,000+ funded traders
  • $2,000,000+ total paid out
  • Available on Platform 5, Match Trader

Final Verdict: Funded Trader Markets vs Funded Squad (2026)

Overall, our independent scoring gives Funded Squad the edge in this 2026 comparison. However, both firms have their merits. If Funded Trader Markets better matches your specific trading style, instruments, or preferred platform, it may still be the right choice for you.

Use our comparison table above and review the challenge fees at both firms before making your final decision. Both offer risk-free evaluation programs — the challenge fee is the only money at risk.

Frequently Asked Questions: Funded Trader Markets vs Funded Squad

Which is better, Funded Trader Markets or Funded Squad?

Based on our independent scoring, Funded Squad scores higher overall (8.9/10). The best choice depends on your trading style, preferred instruments, and account size.

Is Funded Trader Markets cheaper than Funded Squad?

Funded Trader Markets offers a lower entry-level challenge fee. However, always compare the full account sizes you plan to trade before deciding purely on price.

Which has a better profit split, Funded Trader Markets or Funded Squad?

Funded Squad offers the higher profit split. Funded Trader Markets: Up to 90%. Funded Squad: 100% (most programs).

Can I use an EA or trading bot?

EA policies: Funded Trader Markets — check the review. Funded Squad — check the review. Always verify the latest policy directly with the firm.

Which is better for news trading?

News trading: Funded Trader Markets — check the review. Funded Squad — check the review.

Read the full Funded Trader Markets review →  ·  Read the full Funded Squad review →

Who should choose Funded Trader Markets?
  • Traders wanting Up to 90% profit split
  • Users of MT5, cTrader, TradeLocker, MatchTrader
  • Anyone looking for a top-rated funded challenge
Who should choose Funded Squad?
  • Traders wanting 100% (most programs) profit split
  • Users of Platform 5, Match Trader
  • Anyone looking for a top-rated funded challenge

Frequently Asked Questions — Funded Trader Markets vs Funded Squad

Based on our scoring methodology, Funded Squad edges ahead in this comparison. However, the best choice depends on your trading style, preferred platform and account size. Read the full breakdown above for a detailed verdict.

Funded Trader Markets offers Up to 90% profit split, while Funded Squad offers 100% (most programs) profit split. Check each firm's current terms as these can change.

Check our offers page for the latest verified deals on both firms.

Both firms aim for fast payouts. Check each firm's website for the current payout schedule, as processing times may vary.

Neither Funded Trader Markets nor Funded Squad are regulated in the traditional financial sense — prop firms operate as private companies providing traders access to simulated or real capital. Always read the terms and conditions carefully before participating in any prop challenge.

Funded Trader Markets
8.6/10
Read Review →
Funded Squad
8.9/10
Read Review →