Review

Funded Trader Markets review: crypto challenge from $20

Undercuts almost everyone on price, with $20 entry and $300k accounts, and pays in crypto. Crypto itself is a CFD line at low leverage, so the cheap ticket buys a forex product.

Every figure below comes from Funded Trader Markets's own published terms, linked at the foot of this page. We have not traded this account and this is not a rating out of five.

The four numbers

Cheapest challenge$20 for a 5,000 account$2.36 per $1,000 at the $25k size
Profit splitUp to 90%$66 of profit to clear the fee
Payouts24-hour guarantee, average around 20 minutesUSDC / USDT / BTC / ETH / SOL / Rise
Drawdown and rules6% overall trailing, 4% daily (1 Step Nitro)$1,500 of room on a $25k balance

Every figure in this panel comes from Funded Trader Markets's own pages, linked in the sections below. Where a firm publishes nothing, this says so rather than filling the gap.

Key terms

Funded Trader Markets terms at a glance
Challenge formats	1-step / 2-step / instant
Price for a $25k account	$59 (1 Step Nitro)
Profit split	Up to 90%
Drawdown	6% overall trailing, 4% daily (1 Step Nitro)
Profit target	10% (1 Step Nitro) / 8% then 5% (2 Step Plus) / no pass mark (Instant Standard) - two of the three set a pass mark and one sets none. Per-plan table
Leverage	BTC/ETH 1:5, other crypto 1:2, FX 1:100
Maximum allocation	$300,000 per account
KYC	Before activation
Payout methods	USDC / USDT / BTC / ETH / SOL / Rise
Payout speed	24-hour guarantee, average around 20 minutes
Instruments	76 instruments including roughly 40 crypto CFDs
Platforms	MT5, cTrader, Match-Trader, TradeLocker
Restricted countries	Cuba, Syria, Iran, Lebanon, Iraq, Yemen, North Korea, Russia, United States (MT5 and cTrader only)
Instant plan	Instant Standard
Instant split at first payout	50% on the first reward, 80% from the fourth
Instant drawdown	5% trailing; daily 3%
First instant payout	On demand after five profitable days of at least 0.5% each

All challenge prices

1 Step Nitro, 2 Step Plus and Instant Standard challenge prices from Funded Trader Markets, by account size.
Account size	Format	Fee
$5,000	1 Step Nitro	$20
$10,000	1 Step Nitro	$29
$25,000	1 Step Nitro	$59
$50,000	1 Step Nitro	$120
$100,000	1 Step Nitro	$249
$25,000	2 Step Plus	$98
$5,000	Instant Standard	$29
$10,000	Instant Standard	$39
$25,000	Instant Standard	$97
$50,000	Instant Standard	$198
$100,000	Instant Standard	$398

Price ladder read from the firm's own pricing page. Instant Standard ladder read from the firm's own programme file, at the 45% discount it was displaying then; list prices are $52, $70, $176, $360 and $723. Drawdown at 25k by format: 1 Step Nitro 6% overall trailing with 4% daily; 2 Step Plus 10% overall with 4% daily; Instant Standard 5% trailing with 3% daily.

Visit Funded Trader Markets

Some links on this page are affiliate links: we may earn a commission at no extra cost to you. It does not change the fee you pay or the terms described above.

Every plan, its own rules

Funded Trader Markets sells three models and the rules are not interchangeable.

Funded Trader Markets: target, drawdown, daily limit and split, plan by plan
Plan	Profit target	Max drawdown	Daily loss	Split	Entry fee
1 Step Nitro	10%	6% from the highest recorded balance, fixed at the initial size once 6% profit is reached	4% of the initial balance (3% on the 300k)	90% on the first $10,000 of profit, then 80%	$20 at $5,000
2 Step Plus	8% then 5%	10%, fixed to the initial balance throughout	4% of the initial balance	70/30	$98 at $25,000
Instant Standard	No target	5% trailing from the peak balance	3%, fixed to the initial balance	50/50 rising to 80/20 by the fourth reward	$29 at $5,000

Each of the three states its own daily loss limit beside the total drawdown.

Entry fee is the cheapest size each plan is sold at, the same rows the ladder above prices. Every figure is the firm's own wording, read from the plan pages linked under Sources.

The rules that decide whether you pass

Funded Trader Markets sells 1-step / 2-step / instant challenges; on its $25k account, hit 10% (1 Step Nitro) before breaching 6% overall trailing, 4% daily (1 Step Nitro). Leverage is BTC/ETH 1:5, other crypto 1:2, FX 1:100 and the account is traded on MT5, cTrader, Match-Trader, TradeLocker. 76 instruments including roughly 40 crypto CFDs are available, so the instrument set is broad enough that position sizing matters more than the rules do.

The account is issued but read-only until verification clears, and must be completed within two weeks of passing.

“Upon receiving a Simulated Funded account at Funded Trader Markets, you must upload the necessary documents for KYC verification. All Simulated Funded Accounts will remain in READ-ONLY mode until the KYC process is complete.”

Source: the firm's own page, read 2026-11-08. Our classification: Before activation.

Two practical warnings for this structure. A 6% overall trailing, 4% daily drawdown (1 Step Nitro) is tighter than it looks: a 3% overnight move on a large position is normal in crypto and can end the account in one candle. And the profit split of Up to 90% applies to profit you withdraw, not to the account balance, so plan the first payout before you start rather than after you pass.

Payouts and verification

How it pays

Rails: USDC / USDT / BTC / ETH / SOL / Rise

Timing: 24-hour guarantee, average around 20 minutes

Rewards are on demand after five trading days, split 80% on instant programmes and up to 90% on the 1-step.

Before you request

Verification: Before activation - The account is issued but read-only until verification clears, and must be completed within two weeks of passing.

Restricted: Cuba, Syria, Iran, Lebanon, Iraq, Yemen, North Korea, Russia, United States (MT5 and cTrader only)

Support: what this firm publishes about its own support - channels, stated hours, any response-time claim in its own words.

Confirm the network for any USDT, USDC, BTC, ETH or SOL withdrawal and the minimum payout on the firm's dashboard before you trade to the target; those two settings, not the split, are what turn a payout into a delay.

Strengths and trade-offs

What it does well

Cheapest entry in this set at $20 for a 5k one-step
Crypto CFDs trade at weekends with no swap and no crypto commission
Fast rewards, with a stated 24-hour guarantee

What costs you

Consistency rules apply: 50% in evaluation and 45% funded
Drawdown trails on the 1-step and instant programmes
Crypto leverage is only 1:5 on BTC and 1:2 on altcoins

Who it suits, and who it does not

Suits: Cost-sensitive traders who also want weekend crypto CFDs.

Does not suit: Crypto-first traders who need meaningful leverage on coins.

How it compares with the rest of the list

At the $25k size Funded Trader Markets sits at $59 for its 1 Step Nitro account with a split of Up to 90% and a 6% overall trailing, 4% daily drawdown (1 Step Nitro). The firms that undercut it charge less for the challenge but usually ask for a tighter drawdown or a one-step target, and the firms that publish wider room to trade ask more up front. If the deciding factor for you is the split rather than the fee, read the side-by-side comparison before choosing.

Sources

Copied from the firm's own pages. If a term has changed since, tell us at research@cryptopropfirms.com and we will re-check it against the firm's own wording.

Head to head

The rules that end accounts

Every firm here publishes a fee and a split. These are the terms that decide whether the account survives a bad week, taken from Funded Trader Markets's own rules page and quoted verbatim under the table.

Funded Trader Markets: risk and payout rules
Maximum drawdown type	Trails your high-water mark
Daily loss limit	4% 4% on 1 Step Nitro and 2 Step Plus; 3% on Instant Standard
Consistency rule	Yes best day max 45% funded / 50% eval (1-Step)
Minimum trading days	5 days
News trading	Allowed
Weekend holding	Allowed
Cap on a single payout	$5,000 per reward on 1-Step Nitro X

Overall DD 6% $6,000 Trailing Lock ... Overall DD 10% $10,000 Balance Based On drawdown, from https://fundedtradermarkets.com/1-step

Where a firm runs several plans with different rules, the field says so rather than picking the flattering one. "Not published" means the page we read does not say.

Position and per-trade limits

Largest position	No fixed lot limit: the maximum varies by instrument and by available margin.
Risk per trade	Not published
Open positions	Not published
Hedging	Allowed within one account; opposite hedges across accounts are prohibited, and hedges may not be held overnight on Instant or evaluation accounts.
Bots and EAs	Trading bots permitted across all accounts, with certain types restricted.
Other limits	Shield Risk Protocol (2-Step Plus, Instant Plus): floating loss capped at 1% of balance at all times.

Read from https://fundedtradermarkets.com/faq. Where a firm publishes nothing, this says so rather than assuming a limit.

Other firms

Crypto Fund Trader review - Two-step, no time limit
Bitfunded review - Coins first, 100+ of them, plus 20 TradFi pairs