Prop firm FundingTraders has announced a new payment model that defers the majority of costs for traders until after they pass a mandatory evaluation.
The firm is marketing the change as a “risk-free challenge,” claiming it is the first of its kind in the industry. The structure requires new users to pay only a small entry fee to begin the firm’s trading challenge. The remaining balance for a funded account becomes payable only if the trader successfully completes the program.
Available for First-Time Users on NextGen Accounts
The offer applies exclusively to first-time users and is available for the company’s “NextGen Accounts.” The move appears to be a competitive play to lower the barrier to entry in a sector known for its upfront costs, potentially shifting pressure onto rival firms to reconsider their own fee structures.
This announcement follows two other recent updates from FundingTraders designed to improve user flexibility. Last month, the firm eliminated a 14-day waiting period for its Instant Funded Accounts, allowing traders to request withdrawals at any time. The firm said this gives users immediate access to their earnings through both crypto and the Rise payment platform.
Earlier, the company also introduced a “Reset Button” feature, enabling traders who fail a challenge to restart their accounts under the same conditions without a new purchase. This tool, integrated directly into the firm’s dashboard, addresses a common industry grievance where traders must repeatedly pay full price after a failure.
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