✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company The Funded Trader is a safe company or an unreliable company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about The Funded Trader and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitethefundedtraderprogram.com
🏠 CompanyThe Funded Trader LLC
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformThe Funded Trader
📌 AddressUnknown
🕑 Website ageWebsite registered on: May 03, 2021
Company typeFunding company

Company: The Funded Trader appears to be owned by Prop Trade Tech LLC, although we have found no official registration data to support this claim.

Location: The company does not mention where it is located.

We can already tell you that we are concerned about several characteristics of this company.

What is The Funded Trader?

After having carried out an analysis of the company's website, we can say that The Funded Trader is a Funding Company. These types of companies allow individual traders to trade with the company's capital. In exchange, the company typically takes a cut of the profits and charges a monthly fee for use of the desktop or software platform. The trader usually takes a portion of the profits.

Account types

The platform does not offer different accounts for trading.

Information on the web

The Funded Trader Website

Here we show you a screenshot of The Funded Trader website, which is thefundedtraderprogram.com. The capture was made in JANUARY 2024.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following email: [email protected]

Regulation of The Funded Trader

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 Final rating from The Funded Trader 🚫

The Funded Trader, presenting itself as a funding company, raises significant concerns among potential investors. Upon further analysis, it is discovered that a funding company provides funds to traders to operate in the financial markets. Although this practice itself is not illegal, it presents substantial risks, especially when it comes to automated bots. These automatic trading programs execute trades based on algorithms, and any inaccuracies in these algorithms or unexpected changes in market conditions can result in considerable losses.

The Funded Trader's claims of extremely high returns raise a red flag. Promising exorbitant profits is often an indicator of possible fraudulent practices. The lack of clarity about the methods used to achieve these profits and the possible appearance of a pyramid scheme raise additional questions about the integrity of the company. Pyramid schemes depend on the constant influx of new funds to maintain profits, and when this source dries up, investors at lower levels can face substantial losses.

Investing in The Funded Trader, given the combination of unrealistic profitability claims and the possible appearance of a pyramid scheme, involves significant risks. Investors should be cautious when considering getting involved with such companies and conduct thorough research before committing their funds. The lack of regulation and transparency in the field of investment funds increases the risk of financial fraud, highlighting the importance of due diligence and consultation with professional financial advisors to avoid potential mishaps and safeguard long-term financial interests.

Updates

News about The Funded Trader:

Date Update – news
-No news at the moment

User Reviews

[democracy id = ”9201 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with The Funded Trader.

At the end of the review you will find customer comments.


How to Claim Money Scammed by The Funded Trader

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report The Funded Trader

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to The Funded Trader?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report The Funded Trader?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is The Funded Trader reliable?

No. The Funded Trader is not trustworthy, it is a very unsafe company: 1) we do not know its true location 2) It is not regulated by any responsible authority 3) The website is relatively new, which shows a lack of experience 4) has warnings from financial regulators

How to recover money from The Funded Trader?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «The Funded Trader: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Ashley Reply

    This company will rip you off. I assure you, I'm still trying to withdraw and I can't, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Ashley, thanks for writing about The Funded Trader. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

Leave your comment

Your email address will not be published. Required fields are marked with *