Carrot Funding vs For Traders
Rules, prices with each firm’s discount code, drawdown and payouts, side by side. Verified October 11, 2026.
Carrot Funding vs For Traders: For Traders is cheaper to start: $50 ($6K Crypto Fast, 4RCL09K7Y3) versus $58.50 ($5K 2-Phase, PERPSCOPE) at Carrot Funding. At the account sizes both firms sell ($50K, $100K), For Traders has the cheaper plan at 2 of 2 sizes after codes.
Carrot Funding Affiliate link. We may earn a commission. Verified October 11, 2026.
For Traders Affiliate link. We may earn a commission. Verified October 11, 2026.
Key differences
- For Traders is cheaper to start: $50 ($6K Crypto Fast, 4RCL09K7Y3) versus $58.50 ($5K 2-Phase, PERPSCOPE) at Carrot Funding.
- At the account sizes both firms sell ($50K, $100K), For Traders has the cheaper plan at 2 of 2 sizes after codes.
- Carrot Funding allows more total loss: up to 10% of the starting balance, versus 6% at For Traders.
- Carrot Funding sells 1-phase and 2-phase evaluations, and For Traders sells 1-phase evaluations.
- For Traders can pay up to 90% of profits on Crypto Fast PRO, versus 80% at Carrot Funding.
- Carrot Funding says its orders execute on-chain (Hyperliquid). For Traders runs simulated (demo) accounts.
Side-by-side
| Item | Carrot Funding | For Traders |
|---|---|---|
| Discount | PERPSCOPE: 10% off your first challenge purchase (1-Phase or 2-Phase, any size) | 4RCL09K7Y3: 15% off For Traders challenges, including the Crypto Fast and Crypto Fast PRO plans |
| Phases | 2-Phase (2-step) · 1-Phase (1-step) | Crypto Fast (1-step) · Crypto Fast PRO (1-step) |
| Account | $5K, $10K, $20K, $50K, $100K | $6K, $15K, $25K, $50K, $100K |
| Cheapest entry | $58.50 · $5K 2-Phase | $50 · $6K Crypto Fast |
| Profit target | 2-Phase 5% → 8% · 1-Phase 8% | Crypto Fast 10% · Crypto Fast PRO 6% |
| Daily loss | 2-Phase 5% · 1-Phase 4% | Crypto Fast 3% · Crypto Fast PRO No daily limit |
| Max loss | 2-Phase 10% · 1-Phase 8% | Crypto Fast 6% · Crypto Fast PRO 4% |
| Drawdown type | Trailing | Trailing / Trailing (end of day) |
| Daily reset | 00:00 UTC | Not stated by the firm |
| Minimum trading days | 2-Phase None · 1-Phase None | Fast needs 6 profitable days and Fast PRO needs 4, in the evaluation and on the funded account. A profitable day closes at least 0.5% in profit. |
| Profit split | 80% | 80%–90% by plan (90% on Crypto Fast PRO) |
| Frequency | On demand, any time you're eligible | On demand on Fast PRO, every two weeks on Fast |
| Payout minimum | 100 USDC per request (the full available amount, no partial payouts) | $100 on every plan |
| Payout method | USDC on Arbitrum to a verified wallet. Bank transfer is listed as coming soon. | Bank transfer or crypto, with more methods in some regions |
| Processing | Processed within 24 hours | Processed within 48 hours, guaranteed. If For Traders misses the window, you receive 100% of the reward. |
| Platform | Carrot terminal · Orders execute on-chain | MetaTrader 5 / TradeLocker · Simulated accounts |
| Markets | Crypto, Stocks, Commodities, Indices | Crypto |
| Leverage | Up to 5x per position, or lower where Hyperliquid caps a market below 5x. | Up to 1:20 on every crypto pair with Fast PRO. Fast offers 1:5 on BTC and ETH and 1:2 on other pairs. |
| Max funded allocation | $200,000 | $300,000 |
| Legal entity | Not published | FT Trading Ltd. |
| Verified | October 11, 2026 | October 11, 2026 |
Every plan at matching account sizes
Prices after each firm’s code. Highlighted rows have the lowest fee per $1 of max loss at that size, meaning the most loss room per dollar spent.
| Account | Firm | Plan | With code | Profit target | Max loss | Fee per $1 of max loss |
|---|---|---|---|---|---|---|
| $50K | For Traders | Crypto Fast PRO | $169 | $3,000 | $2,000 | $0.08 |
| $50K | For Traders | Crypto Fast | $398 | $5,000 | $3,000 | $0.13 |
| $50K | Carrot Funding | 2-Phase | $404.10 | $2,500 → $4,000 | $5,000 | $0.08 |
| $50K | Carrot Funding | 1-Phase | $449.10 | $4,000 | $4,000 | $0.11 |
| $100K | For Traders | Crypto Fast PRO | $245 | $6,000 | $4,000 | $0.06 |
| $100K | Carrot Funding | 2-Phase | $629.10 | $5,000 → $8,000 | $10,000 | $0.06 |
| $100K | Carrot Funding | 1-Phase | $719.10 | $8,000 | $8,000 | $0.09 |
Which one should you choose?
Choose Carrot Funding if…
- Traders who want fills and payouts they can verify on-chain, wider loss limits and no news, weekend or inactivity rules.
- You want more drawdown room (up to 10%).
- You want on-chain execution you can verify.
Choose For Traders if…
- Crypto traders who use MT5 or TradeLocker, want leverage above 1:10 and value a guaranteed payout time.
- You want a lower entry price ($50 with 4RCL09K7Y3).
- You want a higher maximum split (90%).
- You want a code that discounts every purchase, not just the first.
Frequently asked questions
Which is cheaper, Carrot Funding or For Traders?
For Traders is cheaper to start: $50 ($6K Crypto Fast, 4RCL09K7Y3) versus $58.50 ($5K 2-Phase, PERPSCOPE) at Carrot Funding. At the account sizes both firms sell ($50K, $100K), For Traders has the cheaper plan at 2 of 2 sizes after codes.
Which has more drawdown, Carrot Funding or For Traders?
Carrot Funding: 2-Phase 10% max loss (trailing) · 1-Phase 8% max loss (trailing). For Traders: Crypto Fast 6% max loss (trailing) · Crypto Fast PRO 4% max loss (end-of-day trailing).
How do Carrot Funding and For Traders payouts compare?
Carrot Funding: On demand, any time you're eligible. USDC on Arbitrum to a verified wallet. Bank transfer is listed as coming soon. For Traders: On demand on Fast PRO, every two weeks on Fast. Bank transfer or crypto, with more methods in some regions.
Is there a discount code for Carrot Funding and For Traders?
Yes. Carrot Funding: PERPSCOPE: 10% off your first challenge purchase (1-Phase or 2-Phase, any size). For Traders: 4RCL09K7Y3: 15% off For Traders challenges, including the Crypto Fast and Crypto Fast PRO plans.
What is the main difference between Carrot Funding and For Traders?
For Traders is cheaper to start: $50 ($6K Crypto Fast, 4RCL09K7Y3) versus $58.50 ($5K 2-Phase, PERPSCOPE) at Carrot Funding. At the account sizes both firms sell ($50K, $100K), For Traders has the cheaper plan at 2 of 2 sizes after codes. Carrot Funding allows more total loss: up to 10% of the starting balance, versus 6% at For Traders.