The Funded Trader Knight & Knight Pro Challenges Updates

The Funded Trader has announced important updates to its Knight and Knight Pro challenges, set to go live this Monday for all new purchases.

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The Funded Trader has announced important updates to its Knight and Knight Pro challenges, set to go live Monday for all new purchases. These adjustments come after weeks of gathering feedback from the community through Discord and other platforms. The firm highlighted that thousands of traders participated in voting, helping shape the changes to better reflect what active participants truly want from a prop trading challenge.

The Funded Trader Knight & Knight Pro Challenges Updates

The updated Knight Pro Challenge has emerged as a favorite among the community. It now offers a 95% profit share, a strong incentive for high-performing traders. The challenge structure has been simplified, requiring only three trading days with a 1% target per day. The daily drawdown remains at 3%, but it is now classified as a “soft” drawdown, allowing more breathing room during volatile market conditions. Additionally, the challenge phase no longer includes a consistency rule, which many traders found restrictive in the past. However, once funded, traders will be required to maintain 50% consistency in their performance.

The standard Knight Challenge has also been enhanced, now offering an even higher profit share of 98%. This structure demands five trading days at 1% per day during the challenge phase. Like the Knight Pro, it features a 3% soft daily drawdown. Unlike the Pro version, both the challenge and funded phases will include a 50% consistency rule, promoting disciplined and stable trading behavior.

These improvements are a direct reflection of The Funded Trader’s commitment to adapting its programs in response to user needs. By making the challenges more accessible and trader-friendly, the firm aims to provide a more supportive and rewarding experience. The upcoming changes are expected to attract new participants while reinforcing the firm’s reputation as a community-focused prop firm.

Key Points

  • The Funded Trader has announced updates to its Knight and Knight Pro challenges, launching this Monday.
  • These changes are based on extensive community feedback from Discord and other platforms.
  • The Knight Pro Challenge now offers a 95% profit share and requires only three trading days with a 1% target.
  • The Knight Challenge has been enhanced with a 98% profit share and a five-day trading requirement.
  • Both challenges now feature a 3% soft daily drawdown and a 50% consistency rule once funded.

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The Funded Trader follows a belief that every retail trader deserves an opportunity to raise capital based on their performance and commitment to building their own business. They are searching for passionate and experienced traders who will succeed with the help of their funds by showing skills in various market conditions.

Bespoke Funding strives to create unique funding opportunities for traders worldwide by creating approachable ways to become a professional, funded trader who can remotely manage their capital. They have developed a user-friendly experience with the industry's best technology to back it.

MyFundedFX offers traders three different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm's capital, meaning that they will cover all losses.