CTI’s Direct Funding and FTP’s Master Trader are funding programs where traders don’t undergo an evaluation phase. Instead, a one-time fee applies to access a live-funded account with balances from $5k to $100k.
It’s a package that only a few prop firms offer and a great one for confident traders who want to save time and go straight to earning.
What makes Direct Funding different from Instant Funding is that the Direct Funding, you won’t need to hit any profit targets to ask for withdrawals, and you start right away on higher levels by passing and getting evaluated on smaller account sizes.
As with the last section, the Direct Funding and Master Trader programs are alike in many respects:
- No minimum trading days.
- No time limit.
- No evaluation.
The lower prices are the one area that FTP is better at than CTI.
However, CTI’s excellent trading conditions still make it a considerable choice.
With CTI, the drawdown is fixed absolute from the initial balance; meanwhile, with FTP, it’s a trailing drawdown.
Also, as discussed in the challenge section, the trailing drawdown affects withdrawals because any withdrawals will affect your max trailing drawdown.
For example, with FTP, assume you were in a net profit of 4%. If you withdrew the full amount, you would only have 1% left in the max trailing drawdown. This would increase your chances of losing your funded account.
Meanwhile, with CTI, you only have a fixed drawdown, and you can withdraw all the profits at any time with no issues related to it.
Also, FTP prohibits weekend trading, while CTI doesn’t.
The direct funding program is suitable for all trader types. Thus, allowing traders to hold their orders over the weekend only makes sense.
With all CTI’s programs, CTI offers funded traders the opportunity to reach a 100% profit share when reaching higher levels, while it is capped at 90% with FTP.