- Real accounts with allocation capital up to $600,000.
- Generous 90% profit split.
- Flexible trading: news, weekends, and overnight.
- No minimum trading days.
- Simplified one-step evaluation.
TradingFunds
- Impressive Trustpilot rating of 4.3/5.
- Single-step evaluation with 1:10 to 1:100 leverage.
- Profit sharing of 80% to 90%.
- Flexible trading: overnight, weekends, and during news events.
- Unrestricted trading strategy.
Cons ❌
Super Funded
- Lack of community feedback
- Lack of payment proof
- Consistency rule
- Low leverage 1:30, 1:20, and 1:2
TradingFunds
- Elevated evaluation account fees
- Trailing Drawdown
- Starting leverage at a low of 1:10
- 2% Maximum stop-loss for each instrument
Rules 📋
Super Funded
Consistency Rule, Maximum Daily Loss, Maximum Loss, Maximum Trading Days, No Copy Trading Allowed, Profit Target, Third Party EA Risk
TradingFunds
Maximum Trailing Drawdown, Profit Target, Stop Loss Required, Third Party Copy Trading Risk, Third Party EA Risk
When evaluating Super Funded and TradingFunds, it becomes apparent that each firm offers unique advantages to its traders. Super Funded stands out with real accounts featuring capital allocations up to $600,000, and a tempting 90% profit split that surpasses many of its competitors. This aligns well with seasoned traders aiming for high stakes. Additionally, the firm’s flexible trading conditions, such as allowing trading over weekends, news events, and overnight, alongside their simplified one-step evaluation process, provide users with a hassle-free trading environment.
On the other side, TradingFunds boasts an impressive Trustpilot rating of 4.3 out of 5, signaling a strong reputation among its user base. Its single-step evaluation and leverage options ranging from 1:10 to a hefty 1:100 give traders the opportunity to scale their trades according to their risk appetite. The profit-sharing model is competitive, offering between 80% and 90%, and unrestricted trading strategies are a nod to the autonomy experienced traders crave.
Drawbacks for Consideration
While both firms have compelling features, they also have drawbacks that need to be weighed. Firm 1's specific cons were not provided, however, prospective users should be aware of any hidden costs or stringent rules such as consistency requirements, profit targets, and risk management parameters - common pressure points for traders. Without specifics, it is crucial for interested individuals to conduct thorough due diligence.
TradingFunds, while generous in many aspects, imposes elevated evaluation account fees, which could be a barrier to entry for some traders. The trailing drawdown and the relatively conservative starting leverage of 1:10 might not appeal to aggressive traders. Furthermore, the 2% maximum stop-loss limitation on each instrument might interfere with certain trading strategies—particularly those employed by traders with a high-risk tolerance.
Payment Flexibility and Accessibility
Payment and withdrawal methods are critical for user convenience. Both Super Funded and TradingFunds have adapted to the digital currency era by incorporating crypto-based transactions. However, TradingFunds edges ahead slightly by offering PayPal as an additional method for both deposits and withdrawals, potentially making it more accessible for a wider audience.
Diversity in Trading
Both firms offer a range of account sizes suitable for various levels of traders, with Super Funded offering distinct tiers from $15,000 to $600,000. This distinguishes them as a firm that caters to a broad scale of trader requirements and ambitions. The tradeable instruments across both platforms cover the essential markets including commodities, crypto, forex, and indices. TradingFunds goes a step further by including metals, thereby acknowledging the preferences and diversification strategies of some traders.
Account and Regulation Considerations
Given that both firms were incorporated in February 2023, they are relatively new entrants to the market. The youth of these firms underscores the need for traders to consider stability and regulatory adherence. All trading accounts being in USD may limit global appeal to those preferring or requiring multi-currency options.
Ultimately, retail traders must weigh these factors in light of their own trading styles, risk thresholds, and strategic preferences. Both Super Funded and TradingFunds offer unique propositions, but also come with specific conditions and costs that must be carefully considered. Choosing the right prop firm is a decision that should be grounded in a clear understanding of one's trading approach and the details of the firm’s offerings.