Cryptocurrency Exchanges

Funded Trader

1.6 (15 reviews)
🇬🇧 United Kingdom
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1.6
15 reviews
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About Funded Trader

Funded Trader has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.funded-trader.net.

Customer Reviews

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Licensed in a tax haven only

I
Isaac H.
4 weeks ago

I joined Funded Trader after doing extensive research and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Personal attention|Good analytical tools|Dedicated account manager|Intuitive for beginners

Cons: Live chat only during business hours

Not regulated - verified this myself

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Laura N.
4 weeks ago

I was about to invest with Funded Trader but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Pros: Website looks legitimate on the surface

Cons: Flagged by Financial Conduct Authority|Cannot verify credentials

Completely disorganized operation

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Brian K.
2 months ago

I have been trying to close my account with Funded Trader for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Fast execution|Easy to use platform|Regular platform improvements|Helpful community forum

Cons: Slow to add new assets|No live chat on mobile

Leverage too high for retail

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Vincent Y.
2 months ago

The so-called education at Funded Trader is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since I opened my account last year thinking they would help me learn.

Pros: Demo account available|Copy trading available

Cons: Limited ETF selection

Account restricted after profit

C
Carl X.
4 months ago

The onboarding at Funded Trader was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: No hidden fees|Multiple order types

Cons: Email notifications too frequent|Some tools only available on higher tiers

I want my money back

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Anna H.
5 months ago

The platform at Funded Trader is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since last summer of dealing with this, I have had enough.

Pros: Transparent fees|Smooth onboarding

Cons: Currency conversion fee exists|Some tools only available on higher tiers

Beware of hidden costs

D
Danielle W.
5 months ago

Funded Trader had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Professional team|Helpful community forum|Reliable uptime|Good analytical tools

Cons: Would like more payment methods|Minor UI glitches occasionally

Beware - This company is not legitimate

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Nathan G.
5 months ago

I was contacted by Funded Trader through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

Total fraud - reported to authorities

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Charles R.
6 months ago

I want to warn everyone about Funded Trader. They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Pros: Initially responsive customer service

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

Pressure to deposit more

M
Mark X.
7 months ago

After using Funded Trader since I opened my account last year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Competitive fees|Personal attention

Cons: Mobile app could be improved|Help articles are sometimes vague