Proprietary trading firm The Funded Trader shared updates on its financial and operational recovery following a recent relaunch. The firm acknowledged previous difficulties tied to an unsustainable payout-to-revenue ratio, with some months seeing payouts reach 75–80% of revenue from challenge fees.
“Previously, we were operating with an unsustainably high payout-to-revenue ratio, with some months requiring payouts of almost 75–80% of the revenue generated from challenges,” the prop firm shared on X.
Outstanding Obligations Being Addressed
Since restarting operations, The Funded Trader has implemented measures to address outstanding obligations. Profits earned during the recovery phase are being used to clear debts owed to vendors, traders, and affiliates Affiliates Affiliates serve as an essential component of a broker’s client acquisition tactics and marketing. One of the most important functions of affiliate marketers is the sending of leads to the broker, which are directly opening an account or visiting the broker’s website. There are several ways in which brokers compensate affiliates based on the number and type of clients they refer to the company and whether or not or how much they end up depositing.Understanding CPA or Cost Per Acquisition The bro Affiliates serve as an essential component of a broker’s client acquisition tactics and marketing. One of the most important functions of affiliate marketers is the sending of leads to the broker, which are directly opening an account or visiting the broker’s website. There are several ways in which brokers compensate affiliates based on the number and type of clients they refer to the company and whether or not or how much they end up depositing.Understanding CPA or Cost Per Acquisition The bro Read this Term.
Larger payouts have been structured into payment plans, and smaller accounts are gradually being processed. The company stated that 900 traders are still awaiting payment and outlined an internal strategy to settle these obligations Obligations In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you Read this Term.
Since the relaunch of our operations, we have seen a significant improvement in our payout-to-revenue cost ratio.
Previously, we were operating with an unsustainably high payout-to-revenue ratio, with some months requiring payouts of almost 75–80% of the revenue generated from…— The Funded Trader (@thefundedtrader) November 20, 2024
Earlier, The Funded Trader announced that its sister company, The Futures Traders, will introduce Volumetrica Trading as a new platform. Volumetrica focuses on order flow analysis. The Funded Trader’s technology will support Volumetrica’s offerings in the trading industry, as reported by Finance Magnates.
Operational Recovery in Progress
The firm also resumed activity on paused accounts valued at $100,000 or higher, emphasizing caution in managing risks tied to larger accounts. The company indicated its commitment to ensuring long-term sustainability while continuing payouts.
“We have begun releasing accounts that were paused of 100K and larger, and we are committed to continuing this process,” the company added.
Reflecting on broader industry trends, The Funded Trader pointed to signs of financial strain at other firms and urged users to be vigilant about recognizing operational challenges. While stating that full recovery has yet to be achieved, the firm expressed confidence in its progress toward restoring trust and stability.
