FTMO vs Crypto Fund Trader: A Comprehensive Comparison
Choosing the right proprietary trading firm is crucial for traders seeking funded accounts. This guide compares FTMO and Crypto Fund Trader, two leading firms, to help you make an informed decision.
FTMO
- Evaluation Fee Range
- €89.00 – €1,080.00; $89.00 – $1,080.00
- Profit Split
- 80%
- Max Total Funding
- $200,000.00
- Trading Platforms
- MetaTrader 4, MetaTrader 5, cTrader
Crypto Fund Trader
- Evaluation Fee Range
- $58.00 – $1,250.00
- Profit Split
- 80%
- Max Total Funding
- $200,000.00
- Trading Platforms
- MetaTrader 5, Match-Trader, BYBIT Platform
Key Metrics Comparison
This table compares the facts currently shown for each firm side by side.
— means a supported value is currently not available on WhichPropFirm for that field. It does not mean zero.
| Metric | FTMO | Crypto Fund Trader |
|---|---|---|
| Profit Split | 80% | 80% |
| Evaluation Fee Range | €89.00 – €1,080.00; $89.00 – $1,080.00 | $58.00 – $1,250.00 |
| Activation Fee | $0.00 | — |
| Data Platform Fee | — | — |
| Evaluation Steps | 2 | 1 – 2 |
| Profit Target | 10% | 8% – 10% |
| Daily Drawdown | 5% | 4% – 5% |
| Max Drawdown | 10% | 6% – 10% |
| Min Trading Days | 4 | 5 – 10 |
| News Trading | No | Yes |
| Scalping | Yes | Yes |
| Expert Advisors (EAs) | Yes | Yes |
| Weekend Holding | No | Yes |
| Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader | MetaTrader 5, Match-Trader, BYBIT Platform |
| Payout Methods | Bank Transfer, Crypto | Bank transfer, Cryptocurrency (USDT/USDC), PayPal |
| Headquarters | Czech Republic | Spain |
Evaluation Process
FTMO's evaluation process consists of two stages: the Challenge and the Verification. The Challenge requires traders to achieve a 10% profit target with a 10% max drawdown, while maintaining a daily drawdown of 5%. The Verification stage further tests consistency with similar conditions but over a longer period. In contrast, Crypto Fund Trader also employs a two-step process with a slightly lower profit target of 8%, making it somewhat easier for traders to pass. However, Crypto Fund Trader requires a minimum of 10 trading days compared to FTMO's four, which might elongate the evaluation period.
Trading Rules & Restrictions
FTMO enforces stricter trading rules, prohibiting both news trading and weekend holding. This could be a limitation for traders who prefer holding positions over weekends or trading during high-volatility news events. Conversely, Crypto Fund Trader offers more flexibility by allowing both news trading and weekend holding, which can be advantageous for traders who thrive in volatile market conditions. Both firms permit scalping and the use of expert advisors, providing ample opportunities for different trading strategies.
Profit Splits & Payouts
Both FTMO and Crypto Fund Trader offer an 80% profit split, rewarding traders with a significant share of the profits. Payouts are processed monthly in both firms, with FTMO offering more payment method options, including Skrill, PayPal, and cryptocurrency. Crypto Fund Trader also supports bank transfers and popular cryptocurrencies like USDT and USDC, catering to crypto traders. The minimum withdrawal amounts and specific payout conditions are not detailed, but both firms emphasize prompt and reliable payout processes.
Platforms & Tradable Markets
FTMO provides a wide range of platforms including MetaTrader 4, MetaTrader 5, cTrader, and DXtrade, catering to traditional forex and CFD traders. Their mixed instrument offering includes forex, indices, commodities, and stocks. Crypto Fund Trader focuses on crypto CFDs, offering MetaTrader 5, their proprietary CFT Platform, and Bybit. This makes them particularly appealing to traders interested in cryptocurrency markets, although they also provide access to other CFDs such as forex and commodities.
Account Sizes & Scaling
FTMO offers impressive scaling opportunities, allowing traders to manage accounts up to $2,000,000, providing a significant upside for successful traders. Their scaling plan enables traders to increase their account size by 25% every four months if specific profit targets are met. In comparison, Crypto Fund Trader's maximum funding is capped at $300,000, which might be limiting for traders with larger capital ambitions. While both firms provide a structured path for account growth, FTMO's extensive funding options stand out for traders looking to scale significantly.
Strengths & Weaknesses
FTMO
Strengths
- Higher maximum funding limit of up to $2,000,000.
- Comprehensive platform support including MetaTrader and cTrader.
- Scalable account growth with a 25% increase every four months.
- Allows scalping and the use of expert advisors.
Weaknesses
- Prohibits news trading and weekend holding.
- Higher evaluation fees compared to some competitors.
- Restricted to a minimum of four trading days during evaluation.
Crypto Fund Trader
Strengths
- Allows news trading and weekend holding.
- Lower profit target of 8% during evaluation.
- Focuses on crypto CFDs, appealing to crypto traders.
- Flexible trading rules accommodating various strategies.
Weaknesses
- Lower maximum funding limit of $300,000.
- Requires a minimum of 10 trading days for evaluation.
- Limited platform support compared to FTMO.
FAQs – FTMO vs Crypto Fund Trader
Which firm is better overall, FTMO or Crypto Fund Trader?
Determining which firm is better depends on individual trading styles and goals. FTMO offers larger account sizes and more platform choices, making it ideal for traders seeking high scalability. Crypto Fund Trader, with its flexible rules and focus on crypto, benefits those who prefer crypto trading and require fewer restrictions.
Is FTMO or Crypto Fund Trader better for beginners?
For beginners, Crypto Fund Trader might be more appealing due to its lower profit target of 8% and more lenient trading rules, including the allowance of news trading and weekend holding. However, FTMO offers extensive educational resources and a structured evaluation process that could benefit novice traders in the long run.
How often can I receive payouts from FTMO and Crypto Fund Trader?
Both FTMO and Crypto Fund Trader process payouts on a monthly basis. This regular frequency allows traders to plan their withdrawals and reinvestments efficiently, ensuring consistent cash flow.
What payout methods are available with FTMO and Crypto Fund Trader?
FTMO offers multiple payout options including bank transfers, Skrill, PayPal, and cryptocurrencies, providing flexibility for traders. Crypto Fund Trader also supports bank transfers and stablecoins like USDT and USDC, catering to the crypto-savvy.
How does customer support compare between FTMO and Crypto Fund Trader?
Both firms are known for responsive and helpful customer support, though specifics about response time and availability are not detailed. FTMO is particularly praised for its comprehensive support resources, which are beneficial for both new and experienced traders.
What educational resources are available with FTMO and Crypto Fund Trader?
FTMO provides extensive educational materials, including webinars and trading guides, to support traders in their development. Crypto Fund Trader's educational offerings are not as detailed in the provided information, but they focus on practical trading experience.
Can I trade news events with both FTMO and Crypto Fund Trader?
Crypto Fund Trader allows news trading, providing more flexibility for traders looking to capitalize on market volatility. However, FTMO restricts news trading, which may limit short-term traders who thrive during such events.
What platforms and instruments are available with FTMO and Crypto Fund Trader?
FTMO offers a variety of platforms including MetaTrader 4/5, cTrader, and DXtrade, with a mixed instrument offering. Crypto Fund Trader focuses on MetaTrader 5, the CFT Platform, and Bybit, primarily targeting crypto CFDs but also offering forex and commodities.
What's the maximum funding I can get with FTMO vs Crypto Fund Trader?
FTMO provides a considerably higher maximum funding limit of $2,000,000, compared to Crypto Fund Trader's $300,000. This makes FTMO a better choice for traders aiming for larger capital management.
How can accounts grow with FTMO and Crypto Fund Trader?
FTMO offers a structured scaling plan allowing account size increases by 25% every four months if traders meet specific profit targets, providing significant growth opportunities. Crypto Fund Trader also offers scaling but within the $300,000 cap, which might suit those focusing on crypto markets.
How difficult are the evaluations for FTMO and Crypto Fund Trader?
FTMO's evaluation requires a 10% profit target, a 10% max drawdown, and a daily drawdown limit of 5%, completed in two stages. Crypto Fund Trader is slightly easier with an 8% profit target but requires a minimum of 10 trading days, potentially extending the evaluation period.
What are the evaluation costs for FTMO and Crypto Fund Trader?
FTMO's evaluation fees range from $89 to $1,080 depending on account size, whereas Crypto Fund Trader's fees range from $58 to $1,250. Neither firm specifies a refund policy, so traders should consider these fees as part of their initial investment.
How do the profit splits compare between FTMO and Crypto Fund Trader?
Both FTMO and Crypto Fund Trader offer an 80% profit split, ensuring traders receive a substantial share of generated profits. This parity encourages traders to focus on their strategy without worrying about significant discrepancies in profit sharing.
How do profit withdrawals work with FTMO and Crypto Fund Trader?
Payouts are processed monthly for both firms. FTMO provides a wider range of withdrawal methods including Skrill, PayPal, and cryptocurrencies, while Crypto Fund Trader supports bank transfers and popular stablecoins like USDT and USDC.
Which is Better – FTMO or Crypto Fund Trader?
Choosing between FTMO and Crypto Fund Trader depends on your trading style and goals. FTMO provides higher funding and broader market access, suitable for scaling-focused traders, while Crypto Fund Trader offers flexibility in trading rules and a focus on crypto markets. Evaluate your priorities and select the firm that aligns with your trading objectives.