A COMPLETE GUIDE TO PROP TRADING FIRM DISCOUNT COUPON CODES – 2024

Alpha Capital Group is a proprietary trading firm that offers prop trading on currencies, indices, and commodities through its in-house proprietary executing broker, ACG Markets/ACG-Markets.com. User reviews of the firm present a mix of positive and negative experiences. Positive aspects include quick support turnaround, a great interface for analysis, clear rules, a commendable trading environment with minimal slippage, and a supportive community, particularly on Discord. On the negative side, some users have reported issues such as unprofessional behavior, trades and accounts being closed without prior notice, and disputes over trading styles and challenge results.

The programs are structured with different starting capital levels, ranging from $25,000 to $300,000, with corresponding profit goals and contract limits. The benefits of their funding program include receiving 100% of the first $25,000 per account and 90% beyond that, the ability to qualify in as little as 7 days, and trading full-sized contracts in evaluations or funded accounts with no scaling or daily drawdowns​​​​​​​​​​​​​​​​. The cost to participate in these programs varies based on the capital level, with monthly fees starting at $137 for the 100K STATIC plan and going up to $657 for the 300K FULL plan. Additionally, traders can reset any evaluation account for a fee, allowing them to attempt to qualify for funding multiple times​​​​. For a detailed review and more information, you can visit their website directly at Apex Trader Funding.

Their offerings include the Ability Challenge, Funded Trader Program, Funded Trader Program FLEX, and the Pro Funded Trader Program. These programs are designed to cater to both novice and experienced traders, offering quick access to live accounts, substantial starting capital options, fast scaling opportunities, and premium liquidity. Audacity Capital is known for its fair profit sharing, flexible trading conditions, and comprehensive support for traders. They emphasize no liability for losses and commission-free and swap-free trading in their live funded programs, making them an attractive option for traders looking to enhance their trading potential and achieve financial goals.

The evaluation consists of various trading objectives, with different tiers based on account balances ranging from $10,000 to $200,000. Each tier has specified targets for profit, maximum loss, and maximum daily loss, along with other criteria like account leverage and profit split. Notably, the evaluation accounts operate without a time limit, reducing pressure on traders.

For instance, in the $10,000 tier, traders have no minimum trading days, an 8% profit target for Phase 1, and a 4% profit target for Phase 2. The maximum loss is capped at 8% or $800, with a maximum daily loss of 4% or $400. The account leverage offered is 1:100, and the profit split is 85% in favor of the trader. The evaluation fee for this tier is $87, which is refunded with the first profit split upon becoming a Guardian Trader.
Similar structures are observed in the $25,000, $50,000, $100,000, and $200,000 tiers, with corresponding increases in profit targets, maximum loss limits, and evaluation fees. The higher tiers also maintain the 85% profit split and offer the same 1:100 leverage.

In all cases, the platform emphasizes minimal restrictions on trading days and indefinite trading periods, aiming to alleviate stress and pressure from traders during the evaluation phase.

Account Sizes and Features:

Bulenox offers several account sizes, each with specific features:
$25K Account: Maximum of 3 contracts, profit target $1,500, drawdown $1,500.
$50K Account: Maximum of 7 contracts, profit target $3,000, drawdown $2,500.
$100K Account: Maximum of 12 contracts, profit target $6,000, drawdown $3,000.
$150K Account: Maximum of 15 contracts, profit target $9,000, drawdown $4,500.
$250K Account: Maximum of 25 contracts, profit target $15,000, drawdown $5,500.
Micro Account ($10K): Maximum position size of 5 micro contracts, profit target $1,000, drawdown options of $1,000 with a trailing or EOD drawdown​​​​.

Trading Rules and Objectives:

Traders must follow specific rules to qualify for a funded account:
Minimum Trading Days: At least 5 days of trading are required.
Trading Time: Trading is allowed from 5:00 PM to 4:00 PM CST, with all positions closed by 3:59 PM CST.
Position Size: Varies based on the selected account type, with options for trailing drawdown and EOD drawdown.
Profit Target: Each account size has a specific profit target that traders must reach.
Instruments: Bulenox focuses on futures trading, including currency, metal, agricultural, equity, micro, energy, and interest rate futures​​​​.

Advantages and Disadvantages:
Advantages: Flexible terms, high payouts, multiple account options, global accessibility, the first $10,000 in profit for the trader, and a 90/10 profit split favoring the trader.
Disadvantages: The platform is limited to futures contracts, and there is a need for vigilance over maximum drawdown. The firm is relatively new, which might raise questions about its long-term sustainability​​​​.

Profit and Withdrawals:
In the Master Account, the first $10,000 earned is withdrawn without commission, and thereafter, Bulenox charges a 10% commission on profits, leaving 90% for the trader. Payout requests can be made anytime within a month and are processed weekly. Each account size has a maximum withdrawal limit, and there is a set withdrawal safety threshold reserve​​.

In summary, Bulenox appears to be a well-received proprietary trading firm with a focus on futures trading. It offers diverse account sizes, user-friendly rules, and competitive profit splits. The firm is praised for its customer service, payout reliability, and ease of use, although it is still relatively new in the industry.

They provide three main funding programs:

Challenge Program: A 2-step program designed for traders with a high risk tolerance, offering higher drawdown and more leverage.
Instant Funding: A 1-step program suitable for all trading styles, focusing on flexibility and exponential growth.
Direct Funding: This program allows traders to skip the initial phase of instant funding and gain immediate access to payouts.

CTI’s funding programs offer various benefits, including no minimum trading days, unlimited time limits, and quick payouts (eligible within 10 days of trading). Traders can scale their account balance up to $4 million through aggressive growth strategies. Additionally, CTI offers a monthly salary for traders who demonstrate consistent profitability.

The firm supports diverse trading styles with features like razor-tight spreads, low commissions, and the allowance for using Expert Advisors, weekend and overnight trading, and trading during news events. This environment is crafted to suit various trading needs and styles, providing flexibility and support for traders’ growth and success.

The firm provides various challenges, including 1 Phase, Traditional, and Accelerated challenges, with account sizes ranging from $25,000 to $300,000. The evaluation process involves a trading period with no minimum day requirement, a maximum daily drawdown of 4%, and an overall drawdown limit of 6%. The profit target for the challenge is 10%, and there’s a unique “Consistency Rule” which mandates that the highest profit day cannot exceed 30% of total profits, promoting sustainable trading strategies.

The fee for participating in these challenges is refundable, starting at $199. Drawdown conditions vary slightly depending on the challenge type, with a 5% maximum daily drawdown and an 8% overall limit for the 2-step evaluation, and slightly more lenient limits for single-phase evaluations.

Key Features:

Capital Funding: Ranges from $5,000 to $200,000.
Profit Split: 80/20, favoring the trader.
Trading Conditions: No time limits on trading challenges, allows overnight and weekend positions, and supports news trading.
Tradable Instruments: Over 380, including 28 cryptocurrencies, 45 forex pairs, 38 indices, 22 commodities, and over 250 stocks.

Evaluation Process:

Two-Phase Challenge: Phase 1 requires an 8% profit target; Phase 2 drops to 4%, with both phases having no time restrictions.
Risk Management: Daily loss limit of 5% and maximum overall loss of 10% of the account balance.
Pros and Cons:
Pros: Relaxed trading rules, high leverage, freedom to trade news events, absence of recurring trading fees.
Cons: A relatively new platform, lack of scaling options for traders.

Additional Features:

Specialization: Strong focus on crypto trading.
KYC and Verification: Implemented through CoinScope for transparency and accountability.
Trading Platforms: Supports various platforms for different trading strategies.
Customer Experience: Commended for great customer support and a smooth payout process.

Crypto Fund Trader stands out for its flexibility, specialization in cryptocurrencies, and emphasis on trader education and support. The firm’s approach to risk management and the extensive range of tradable instruments make it a compelling choice for traders looking for opportunities in various financial markets​.

The company offers two main account types: E8 Account and E8 Track. The E8 Account requires a 2-phase evaluation process, while the E8 Track has a 3-phase evaluation focusing on consistency. Both account types offer up to $400,000 in starting capital, and traders can choose from several account sizes ranging from $25,000 to $200,000. There are no minimum trading days required, and the maximum trading days are unlimited. The refundable fee structure allows traders to get their fee back after successful profit withdrawals, which are eligible after 8 days of trading on the funded account.

E8 Funding’s innovative scaling program increases the account balance and overall drawdown with each profit earned. Traders receive 80% of their earnings, which are paid out in 8 days and then bi-weekly. The platform also retains the virtual profits in the account balance, allowing traders to continue trading with the increased balance.

Programs and Trading Focus: Earn2Trade is particularly suitable for experienced traders who are confident in their abilities to perform consistently in current market conditions. The platform focuses exclusively on futures trading, which may not be suitable for those interested in trading other asset types. However, for those who can pass the program while staying within set limits such as daily loss or maximum drawdown, Earn2Trade offers a streamlined path to the professional futures trading business​.

Earn2Trade is a trading education company that offers an opportunity for traders to become professionals with a proprietary trading firm. The platform provides access to a trading simulator during the subscription period, where traders can prove their skills. Successful completion of their virtual funded trading program leads to actual funding, jumpstarting their trading career​
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Programs and Trading Focus: Earn2Trade is particularly suitable for experienced traders who are confident in their abilities to perform consistently in current market conditions. The platform focuses exclusively on futures trading, which may not be suitable for those interested in trading other asset types. However, for those who can pass the program while staying within set limits such as daily loss or maximum drawdown, Earn2Trade offers a streamlined path to the professional futures trading business​​
.
Pros and Cons:
Pros include a clear progression ladder with set goals, an abundance of educational materials, inclusion of Level 2 data, and no monthly fee for funded traders.
Cons include the lack of support for the Forex market and a minimum withdrawal limit of $100.

Program Structure and Requirements:
The initial capital for traders ranges from $25,000 to $400,000.
The price range for the programs is $150 to $550.
The profit split offered is 80%, with a daily loss limit of 2%.
Profit targets range from 7% to 6%, and the tradable products are limited to futures.

Education and Training Tools:
Earn2Trade offers an educational platform that trains traders for futures market success. This includes virtual trading simulations through two funding paths: the Trader Career Path and the Gauntlet Mini.

Upon completion, traders can partner with Helios Trading Partners or Appius Trading Limited for access to funded trading accounts.

The platform provides a range of tools, including news feeds, economic calendars, charting tools, and a reporting tool “Journalytix” for trade tracking and risk management​.

Plans and Pricing:
Earn2Trade offers various plans, each allowing traders to take advantage of different funding options. The plans are billed monthly, with a range of educational content available during the program.

The Trader Career Path, costing $150 per month, starts traders with $25,000 in virtual capital for futures exchanges, with specific trading goals to meet before transitioning to a funded account.

The Gauntlet Mini allows traders to choose their initial starting capital, with virtual starting capital ranging from $50,000 to $200,000

Transition to Funded Trading:
Successful completion of the Gauntlet Mini connects traders with a proprietary trading firm for funded trading opportunities. This marks the start of a trader’s professional career.

With the funded account, traders continue to have access to Earn2Trade’s education and support while starting to earn from their trades. Importantly, traders do not risk their own capital in the funded account but share in the profits generated.

Educational Program – Beginner Crash Course:
The “Beginner Crash Course” is a comprehensive educational program that covers a wide range of topics in futures trading. It’s designed for both new and experienced traders.

Topics include an introduction to futures trading, trading basics, technical and fundamental analysis, risk management, and trading psychology​.

Customization and Compatibility with Trading Platforms:
Earn2Trade offers a high level of customization and compatibility with various trading platforms, enhancing the user experience and accommodating different trading styles.

Customization options include different chart types and technical indicators. The platform is compatible with popular trading software like NinjaTrader and R|Trader Pro​.

Customer Support and Community:
Earn2Trade provides responsive customer support through multiple channels and fosters a sense of community among traders. They offer various avenues for traders to connect, discuss strategies, and share experiences, such as webinars, forums, and social media platforms​.

User Reviews:
User reviews on Trustpilot give Earn2Trade a high rating of 4.7 out of 5 stars, indicating a high level of satisfaction among platform users. Users appreciate the firm’s communication channels, educational resources, and supportive team. The Trader Career Path program, in particular, receives positive feedback for being challenging but rewarding.

Key Features

Initial Capital: $10,000 – $300,000.
Profit Split: 80% after first $12,500.
Tradable Products: Equity, Forex, Agricultural, Energy, Interest Rate, Metals, and Crypto Futures.
Evaluation Types: Diverse options catering to different trading styles.
User Experience: Emphasis on customer support and user-friendly interface.
Trading Tools: Supports NinjaTrader, Tradovate, Rithmic, and TradingView.

Pros and Cons

Pros: Multiple evaluation options, flexible trading conditions, attractive profit split, free monthly evaluation resets.
Cons: Challenging for novices due to daily loss limits and maximum drawdown rules, strict criteria to qualify for funding.

User Reviews and Ratings

Trustpilot Rating: 4.4 from 119 reviews.
Onlineproptrading Rating: 4.7.
Users praise the customer support, seamless infrastructure, on-time payments, and trustworthiness.

Transparency and Trust

The platform is transparent about its evaluation process, profit targets, and drawdown rules.
It emphasizes trust in trading relationships and promptly addresses technical issues.

Trading Hours and Conditions

Different instruments have varying closing times.
The Diamond Hands account allows holding trades overnight or longer.

Target Audience

Novice Traders: For gaining practical experience.
Experienced Traders: High profit split and larger account sizes.
Flexible Traders: Trading during chosen hours.
Swing and Day Traders: Suitable for daily volatility.

Recent Performance and Updates

In 2022, over 1,700 traders qualified more than 5,200 accounts.
Planned 2023 changes include restricted trading during major economic events, increased rules, shortened payout schedules, and new account types.

Tips for Success

Understanding evaluation processes and trading rules is essential.
Choosing the right evaluation type and managing risk effectively is crucial.
Continuous learning and discipline in trading strategies are recommended

Fidelcrest’s headquarters are located in Cyprus, with an additional office in Budapest. The firm is recognized for its legitimacy and stringent validation processes, ensuring a reliable trading environment. The Fidelcrest Trading Challenge is a key feature, where traders must demonstrate their ability to meet profit targets on a demo account before accessing real funds. This challenge is notable for its rigorous nature and offers both normal and aggressive trading strategies.

The firm provides a selection of trading platforms, including cTrader, MetaTrader 4, and MetaTrader 5, and partners with top brokers like IC Markets, TradeView, and XM. All Fidelcrest accounts come with a default leverage rate of 1:100. Additionally, the firm’s proprietary software offers comprehensive account analytics and automated monitoring, facilitating effective tracking of trading objectives and progress.

Withdrawals at Fidelcrest are straightforward and faster than many other firms, typically processed within three business days after a 30-day trading period. Pro Trader account holders also have access to bi-monthly withdrawals. Customer support is a strong point for Fidelcrest, with a responsive team available 24/7 during business days and an average response time of one minute.

However, Fidelcrest does have some limitations. The 30-day trading period may restrict long-term investment strategies, and the firm’s trading rules are relatively strict compared to other prop firms. Additionally, Fidelcrest offers limited educational resources, which might be a drawback for new traders, although they do provide a blog and Q&A feature for general trading queries.

Key Features

Profit Split: FPF stands out with a competitive 90% virtual profit split from day one.
Account Balance: Provides the opportunity for traders to manage a $10M simulated account balance.
Evaluation Models: Features dual evaluation models to accommodate different trading styles and risk profiles.
Trading Rules: Known for its relaxed trading rules and absence of restrictive consistency requirements.
Payout Process: Offers a seamless bi-monthly payout process to its traders.

Target Audience

FPF caters to a broad spectrum of traders, from beginners to experienced professionals. Its supportive environment and diverse evaluation models make it a suitable platform for various trading temperaments.

Working Mechanism

Evaluation: Traders undergo a rigorous evaluation process. Successful completion of this phase leads to funding opportunities.
Funding: Upon passing the evaluation, traders are provided with a simulated trading account, with the potential to scale up to a $10 million account.
Unique Selling Points
Profit Sharing: The firm’s standout feature is its lucrative profit-sharing model, offering traders a substantial share of the profits.
Growth Opportunities: Successful traders have the opportunity to scale their operations significantly.

Final Thoughts

Forex Prop Firm differentiates itself with a focus on rewarding trading proficiency and providing growth opportunities for traders. Its high profit-sharing percentage, flexible trading rules, and robust support system position it as an attractive option in the forex prop trading industry.

The FTMO Challenge is a two-step process involving an initial challenge and a subsequent verification stage, both conducted on a demo account. The challenge aims to ensure that traders are skilled and can meet profit targets, with the goal of proving the trader’s ability to handle significant capital responsibly. Traders can choose from various funding sizes ranging from $10,000 to $200,000, and select between normal and aggressive account options, with the latter allowing more drawdown.

FTMO has also introduced a new Swing challenge, catering to swing traders by allowing them to hold trades overnight and over the weekend without permission. This challenge comes with a leverage of 1:30. FTMO has gained a reputation for paying traders quickly and efficiently, often within four business days, which is faster than many other firms. Payments can be made on demand, allowing traders to decide when they want to be paid each month.

Support at FTMO is robust, with multiple channels available for traders, including email, phone, and 24/7 live chat support in 13 languages. FTMO offers a range of tools to assist traders, such as Metrix, Statistical App, Account Analysis, Trading Journal, and Mentor App, all accessible through the client portal once a paid challenge is started. While FTMO doesn’t provide its own educational content, it offers discounts and partnerships with popular forex educators.

Traders at FTMO are allowed to use EAs and bots in their trading and are also permitted to hedge their trades. It’s important to note that FTMO is not a broker and is not regulated by any governing body like the FCA, but it does have a strong reputation in the industry. FTMO accepts crypto withdrawals and has a policy of offering additional challenges for free if the trader finishes in profit but does not meet the required profit target.

Overall, FTMO is highly regarded for its reputable operations, paying out and honoring its commitments to traders, and offering excellent customer support and functionality. However, the FTMO challenge is known to be challenging to pass and maintain once funded. For serious traders or those new to forex but not yet consistent, FTMO provides opportunities for growth and success in trading.

Traders have the option to choose between an evaluation program and instant funding. The evaluation program starts with a demo account, transitioning to real money trading upon meeting assessment goals. The instant funding program is designed for traders with a successful strategy, allowing them to earn immediately with a live account.

FTUK’s evaluation program involves a single-phase process with funding ranging from $14,000 to $90,000. Traders can hold trades overnight and over weekends, with no minimum trading days required and the opportunity for rapid scaling. In contrast, the instant funding program is ideal for profitable traders who prefer immediate access to a funding account without undergoing an evaluation.
The firm offers one of the best rapid scaling programs in the industry, enabling exceptional traders to increase their account size to $5,760,000. Their scaling targets remain unaffected by payouts, and traders can start trading with real funds immediately on the instant account.

Risk management is a key focus at FTUK, with each account having a maximum overall loss limit. This is a fixed amount or absolute drawdown considering floating profits/losses, and violating this can result in account termination. FTUK permits various profitable trading styles, including scalping, day trading, swing trading, hedging, and news trading. Automated trading with expert advisors (EAs) is allowed in the MetaTrader platforms, although some restrictions apply.

FTUK executes trades with the well-known broker Eightcap, offering tight spreads, low commission fees, and rapid trade execution. Traders can choose to trade on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, with MT4 being particularly user-friendly for automated EA systems. Financial instruments available for trading include Forex, indices, and commodities, with leverage up to 1:100 for aggressive programs and up to 1:50 for low-risk programs.

To assist traders in achieving consistency, FTUK offers coaching and mentoring, as well as account reports to help traders stay on track and improve. Additionally, the FTUK blog provides articles on various topics to improve trading skills and market knowledge. Payouts begin from the level 2 funded account, with traders eligible for rewards once they have traded for a minimum of 10 days on their level 2 account. Profits can be withdrawn at any time, provided the share is greater than $250 or the equivalent in the account currency.

2-Step Standard Challenge: This includes no time limits, phase 1 and 2 profit targets of 8% and 5% respectively, maximum static drawdown of 10%, daily balance-based drawdown of 5%, leverage up to 1:50, and an 80% profit split that can go up to 90% with scaling. Withdrawals are allowed every 14 days, and both news and EA trading are permitted. The challenges are available from $10k to $500k, with the evaluation fee refunded with the first profit split from the funded account.

2-Step Superior Challenge: Similar to the Standard Challenge but with a phase 1 profit target of 10% and leverage up to 1:100. This challenge is slightly cheaper and offers higher leverage than the Standard Challenge but has a higher phase 1 profit target which makes it more challenging to pass.

1-Step Turbo Challenge: Designed for a shorter evaluation, this challenge has a single profit target of 10% to achieve before getting funded. However, its maximum drawdown is lower at 6%, and it features trailing relative drawdown. This challenge has a lower 4% daily drawdown, calculated using both equity and balance, and costs the same as the 2-Phase challenge.

Funded Engineer’s scaling plan is particularly notable. It not only offers higher account sizes but also increases the maximum drawdown and daily drawdown limits. To qualify for scaling, traders must achieve at least 10% net profit over 3 months and have processed at least 3 withdrawals during this period. The account is scaled up by 25% of the initial account balance, and maximum drawdown is increased from 10 to 12%, while daily drawdown is increased from 5 to 6%.

The firm uses Purple Trading as its broker, offering good trading conditions with a $5 commission per lot and average spreads for major pairs like EURUSD at 0.3 pips. They also allow EA trading and trade copying, albeit with certain restrictions. Additionally, Funded Engineer hosts monthly trading competitions with prizes for traders who achieve the highest return.

As a newer firm, Funded Engineer has gained credibility through its owner and has a 4.7-star rating on Trustpilot. It’s recommended for experienced traders due to its lucrative scaling plan. However, those interested in the 1-Phase challenge should consider other available options due to the challenge’s relative drawdown.

FTC’s funding model is designed to be realistic and accessible for traders. The firm sets achievable daily and overall drawdown limits, offering a balanced approach to risk management. The profit targets are set at 5% for phase 1 and 8% for phase 2, presenting a feasible path to funding. An important aspect of FTC’s model is the emphasis on consistent trading performance, which is evaluated through the “Consistency Rule.” This rule ensures that no single trading day contributes more than a certain percentage toward the overall profit target, thereby mitigating high-risk trading behaviors​.

In terms of payouts, FTC showcases success stories of traders who have achieved significant earnings on their platform. As a relatively new player in the prop firm arena, FTC has quickly garnered a positive reputation, evidenced by an “Excellent” Trustpilot rating of 4.5 based on 70 reviews. While this shows promise, a small percentage of users have reported less favorable experiences​.

For trading platforms, FTC offers MetaTrader 4, MetaTrader 5, and Tradelocker, catering to various preferences and trading styles. The funding approach at FTC is structured in a three-phase model: the Challenge phase, the Verification phase, and the Funded phase. In the Challenge phase, traders choose an account size ranging from $5,000 to $200,000 and work towards an 8% profit target while adhering to a 5% daily and 12% overall drawdown limit. The Verification phase requires traders to meet a 5% profit target with the same drawdown limits and trading day minimums as in Phase 1, and introduces the Consistency Rule. Upon successful completion of these phases, traders are provided with actual capital to trade and earn profits​.

Key Features of Funded Traders Global:

Funding Evaluations: They offer 1, 2, and 3-step funding evaluations to traders. These evaluations are designed to assess the trading skills of individuals and, based on performance, provide them with access to substantial capital for trading.
Range of Account Sizes: The platform caters to various levels of traders by offering account sizes ranging from $5,000 to $500,000. This wide range allows traders to choose an account size that aligns with their skill level and comfort.
Profit Sharing and Leverage Options: Traders can keep up to 90% of the gains from their trading activities. The standard gain share is usually less but can be upgraded. They also offer leverage options, with the standard being 10:1, which can be upgraded to 20:1 or 30:1 depending on the evaluation type.
No Time Limits: Unlike some trading platforms, FTG does not impose time limits on their evaluations, giving traders the flexibility to trade at their own pace.
Rules and Requirements: The platform has specific trading rules, such as a daily loss limit, trailing drawdown limits, and requirements for stop-loss on each trade. These rules are intended to encourage responsible trading practices.
Community and Support: FTG emphasizes community and support, offering a space for traders to connect, share strategies, and collaborate. They host community events, webinars, and forums to foster a learning environment.
Assessment Fees: There are one-time assessment fees for different account sizes, which vary depending on the evaluation type and account size chosen by the trader.
Risk Disclosure and Refund Policy: The site clearly states its risk disclosure and refund policy. They mention that they provide evaluations and act as a mediator between traders and Prop Account, LLC, but do not engage in broker or trading services themselves.

Review and Observations:

Positive Aspects: The platform seems to provide a clear structure and transparent rules for traders. The flexibility in account sizes and the lack of time constraints are beneficial for traders at different levels of experience. The community support and educational resources can be advantageous for continuous learning and networking.
Considerations: As with any trading platform, there are risks involved. The assessment fees might be a consideration for some traders, and the strict rules, while encouraging responsible trading, might also be restrictive for some trading strategies.
User Feedback: The website includes testimonials from users, which generally seem positive, highlighting aspects like the platform’s support system and the clarity of its rules.
In conclusion, Funded Traders Global appears to be a comprehensive platform offering substantial support and resources for traders. However, as with any trading or investment platform, potential users should thoroughly research and consider the risks involved.

Key Features of Funded Trading Plus:

Various Trading Programs: FTP offers several programs, including the Experienced Trader Program, Advanced Trader Program, Premium Trader Program, and Master Trader Program, each designed to cater to different skill levels and trading strategies.
Simulated Trading Environment: All trading activities are conducted in a simulated-live environment, providing a risk-free platform for traders to practice and demonstrate their skills.
No Risk of Capital Loss: As the trading is simulated, participants do not risk their own capital and are not liable for losses incurred during trading.
Profit Withdrawal Opportunities: Successful traders in these programs have the opportunity to withdraw real funds, reflecting the profits they make in the simulated environment.
Flexible Evaluation Criteria: FTP does not impose strict time limits on their evaluations, allowing traders to progress at their own pace. However, traders need to place at least one simulated trade every 30 days to keep their account active.
Support for Various Trading Strategies: The platform supports a range of trading strategies and styles, including the use of EAs (Expert Advisors), algorithms, and bots, within the program rules and limits.
KYC and Compliance: FTP requires KYC (Know Your Customer) checks for compliance with anti-money laundering and anti-fraud regulations, especially before processing withdrawals.
Educational Resources and Community: FTP emphasizes trader education and community building, offering resources like courses, live trade rooms, and a Discord server for trader interaction.

Review and Observations:

Positive Aspects: FTP’s emphasis on a simulated-live trading environment offers a safe space for traders to hone their skills without financial risk. The platform’s flexibility, variety of programs, and support for different trading strategies make it suitable for a wide range of traders.
Considerations: The effectiveness of simulated trading as preparation for real-world trading can vary from individual to individual. Additionally, while there is no risk of capital loss, traders should be aware of the program fees and evaluate whether the benefits align with their personal trading goals and strategies.
User Feedback: The website features testimonials and reviews, which generally appear positive. These reviews often highlight the supportive community, the comprehensive nature of the programs, and the platform’s user-friendly interface.

In summary, Funded Trading Plus provides a comprehensive and risk-free environment for traders to develop and demonstrate their trading skills. Its range of programs and support for various strategies make it a versatile platform, though traders should carefully consider the program fees and the simulated nature of the trading environment in relation to their personal goals.

Key Features of FundedNext:

Trading Account Funding: FundedNext offers up to $300,000 in trading capital to qualified traders. This allows traders to leverage larger sums of money, potentially leading to greater profits.
Profit Sharing: Traders can earn up to 95% of the profits made from their trades, which is a notably high percentage compared to many other platforms.
Challenge Models: FundedNext presents different challenge models, including Evaluation, Express, and Stellar. Each model has specific targets and rules, tailored to various levels of trading experience and strategies.
No Time Limit on Challenges: The platform does not impose strict time limits for completing the challenges, giving traders the flexibility to trade at their own pace.
Drawdown Policy: The drawdown is calculated based on the account balance, which provides traders with a more flexible risk management environment.
Low Commissions and Raw Spreads: The platform boasts of offering raw spreads and low commissions, enhancing the trading conditions for its users.
Payout Guarantee: FundedNext assures quick payouts, with a commitment to process payouts within 24 hours, and a compensation policy if this timeframe is not met.
Educational Resources and Community Engagement: The platform encourages community building and offers educational resources, including webinars, forums, and a Discord server for trader interaction.

Review and Observations:

Strengths: FundedNext’s high profit-sharing ratio, diverse challenge models, and flexible trading conditions are major attractions. The platform’s commitment to fast payouts and its supportive community resources also stand out as positive aspects.
Considerations: The challenge models, while offering flexibility, may require traders to meet specific targets to access funding. This could be challenging for some traders. As with any trading platform, there’s a degree of risk involved, and traders should be aware of the potential for financial loss.
User Experience: The website features a user-friendly interface and provides clear information about its programs and policies. The inclusion of testimonials and reviews would be beneficial for prospective users to gauge the platform’s effectiveness from a trader’s perspective.

In conclusion, FundedNext presents an appealing option for traders looking for funded trading opportunities with a high-profit sharing ratio and flexible trading conditions. The platform’s focus on community support and education further enhances its attractiveness. However, as with any trading venture, it’s important for traders to consider their individual skills, trading strategies, and risk tolerance before participating.

The evaluation process consists of two phases. In Phase One, traders target an 8% profit, ensuring daily losses do not exceed 5% and overall losses stay below 10%. In Phase Two, the profit target is reduced to 5%, with the same loss limits. There are no restrictions on the number of trading days in either phase. Successful completion of both phases leads to a funded account, with a minimum withdrawal threshold set at 1% of the starting balance and a profit share oscillating between 80% and 90%. Weekly payouts are processed, starting 7 days after the first trade on the funded account is initiated.

Funding Pips offers a scaling plan for evaluation program accounts. Depending on the number of successful payouts, accounts can see a balance increase of up to 20% within three months. After four months, traders become eligible for the company’s Hot Seat, featuring on-demand payouts, a 90% profit split, and a scaling potential up to $2,000,000​.

The trading instruments available include forex pairs, commodities, indices, and cryptocurrencies, with a maximum leverage of 1:100. Traders have significant freedom in their trading choices, allowing trades during major news events, overnight, and over weekends. However, the use of martingale or hedging strategies is prohibited, and traders on funded accounts must place a stop-loss within the first 30 seconds of trade execution.

Funding Pips is noted for its low fees, taking only a small percentage of the interest earned on investments. The firm’s platform supports MetaTrader 5 and offers various tools and features suitable for all levels of traders. Additionally, Funding Pips does not offer specialized educational content but provides an intuitive trading dashboard to help traders monitor their progress and manage risk effectively.

In summary, Funding Pips stands out in the proprietary trading landscape with its realistic profit goals, flexible trading conditions, and comprehensive offerings. It caters to a diverse set of traders and provides practical targets and conditions for payouts. The firm has garnered positive feedback from traders, particularly for its well-designed trading dashboard and consistent weekly payout schedule.

Evaluation Process and Trading Rules

FunderPro’s program is structured into two main phases: Evaluation and Verification.

Evaluation Phase:
Profit Target: 10% with unlimited days to achieve this goal.
Minimum Trading Days: 5.
Max Daily Drawdown: 5%.
Max Overall Drawdown: 10%.
Available Leverage: 1:100.

Verification Phase:
Profit Target: 8% with no time limit.
Similar drawdown and leverage rules as the Evaluation Phase.
After successfully completing these phases, traders move to the FunderPro Trader stage where they can trade on a live account with a full STP/ECN broker, with no set day limit or profit target.

Account Sizes and Pricing

FunderPro offers a range of account sizes to cater to different trader needs, with the following options:
$25,000 account for $250.
$50,000 account for $300.
$100,000 account for $550.
$200,000 account for $995.
Each account comes with a leverage of 1:100, and there is a free trial available for those who want to get a feel of the platform before committing.

Tradable Assets and Leverage

FunderPro provides a diverse range of tradable assets including forex pairs, commodities, indices, cryptocurrencies, metals, and energies. The leverage available varies by asset type:
1:100 maximum leverage for Forex & Crypto.
1:200 maximum leverage for Metals, Indices & Energies.
1:20 maximum leverage for Stocks.

Pros and Cons

Pros:
Scalable accounts up to $5,000,000.
Attractive 80% profit split for traders.
Weekly payouts and no maximum trading period limitations.
Allows overnight and weekend holding, as well as news trading.
Broad range of tradable instruments.

Cons:

The profit targets may be challenging for some traders.
Being a relatively new firm, it has limited reviews or feedback compared to established competitors.

Trading Platforms

FunderPro supports popular trading platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradeLocker, offering advanced features for market analysis, trade execution, and strategy testing.

Support and Customer Service

FunderPro has a dedicated support team available via their website and social media channels, ensuring a smooth trading experience for users. They also have a comprehensive FAQ section on their homepage for quick reference.

Conclusion

FunderPro presents itself as a promising platform for traders looking for funded accounts and opportunities in prop trading. The firm’s structured evaluation process, diverse account options, and variety of tradable assets make it an appealing choice for traders at different levels of their career. However, the relatively new status of the firm in the market means traders might need to research further to get a more comprehensive understanding of its reputation and track record.

Traders can choose a plan to suit their income goals and start trading to meet performance targets. Successful completion of the challenge leads to becoming a funded prop trader, with an 80% profit share, while all losses are covered by the firm. Funder Trading emphasizes training and support for all types of traders, from beginners to advanced, offering online education, advanced market data, and automated risk management.

Key Features of FXIFY:

Trading Capital: FXIFY offers up to $400,000 in starting capital for traders who qualify through their assessment process.
Profit Split: Traders can earn up to 90% of the profits from their trades. The standard performance split is 75% in favor of the trader, which can be upgraded.
Assessment Models: They provide one-phase and two-phase assessment models. The one-phase model is a faster route to funding, while the two-phase model requires consistent discipline over two assessments.
No Time Limit: For both assessments, there are no time limits, allowing traders to operate at a pace that suits them.
Trading Conditions: The platform permits the use of Expert Advisors (EAs), and traders can hold positions over the weekend. There are no consistency rules and no stop-loss requirement.
Leverage Options: Standard leverage is 30:1, but it can be increased to 50:1 for FX and Gold & Silver trades.
Refundable Fee: The assessment fee is refundable. Traders receive 100% of the fee plus an additional 25% upon their first withdrawal.
Trading Platform: Traders have access to MetaTrader 4 and MetaTrader 5.
Drawdown Policy: They offer a hybrid drawdown system. The max trailing drawdown locks in at the starting balance once the trader achieves 6% profit in the account.
Community and Support: FXIFY encourages community engagement through various social media platforms and offers a supportive environment for traders.

Review and Observations:

Advantages: FXIFY’s high profit-sharing percentage, flexible assessment models, and favorable trading conditions (such as allowing EAs and holding positions over the weekend) are attractive features. The option to increase leverage and the quick payout promise add to its appeal.
Considerations: Traders should be aware of the assessment fees and ensure that the platform’s trading conditions align with their trading style and risk management strategies.
User Experience: The platform seems user-friendly, offering clear information about its programs and policies. However, as with any trading platform, there’s always a risk involved, and traders should thoroughly understand the terms and conditions.

In summary, FXIFY presents itself as a viable option for traders seeking funded accounts with a high-profit sharing model and flexible trading conditions. The platform’s focus on fast payouts and the absence of restrictive trading rules make it an attractive choice for various trading strategies. However, traders should carefully consider the assessment fees and the suitability of the platform’s offerings for their personal trading goals and risk tolerance.

Overview

Establishment: Launched in June 2022.
Growth: Claims to have funded over 10,000 traders in more than 180 countries.
Service Type: Forex Funding Program, with fees ranging from $79 to $3460.
Pros: Multiple funding programs, no time limits for trading, offers up to a 90% profit split, and provides instant account access.
Cons: Pricing may be expensive for novice traders.

Key Features

Initial Capital: Ranges from $1,250 to $200,000.
Profit Split: Between 70% and 90%.
Trading Conditions: Daily loss between 3% and 5%, max drawdown from 3% to 10%, and a profit target of 10%.
Tradable Products: Forex, Metals, Indices, and Crypto.

Trading Programs and Technology

Programs: Includes Instant Funding, One-Phase, Two-Phase, Smart Drawdown, and Conventional Drawdown.
Technology: Employs cutting-edge technology with an automated dashboard for traders to monitor activities and request payouts.
Compliance and Support
Trading Rules: Relaxed compared to some other firms, promoting a disciplined and risk-conscious trading experience.
Support: Extensive support system and dedicated customer support team to assist traders.

Target Audience

Novice Traders: Offers a supportive environment with a variety of programs and pricing.
Experienced Traders: Benefits from advanced programs, high leverage, and relaxed rules.
Risk-Conscious Traders: Benefits from clear drawdown limits and structured rules.
Traders Seeking Growth: Offers Scaling Plans to incrementally increase funded account sizes.

Trustworthiness and Transparency

Payouts: Delivered globally through Deel, supporting various payment methods.
Transparency: Claims to have funded over 10,000 traders, yet this claim is not externally verified.
Future Potential
Growth Strategy: Plans to enhance its trading platform and expand its range of funding programs.
Educational Resources: Aims to provide educational materials for Forex traders.
User Experience
Trustpilot Rating: 4.7 from 304 reviews, with positive feedback on ease of use and quick payouts.

InstantFunding.io caters to a diverse range of traders and offers a competitive environment with relaxed rules and high profit splits. While it’s a relatively new firm, its rapid growth and ambitious plans for future enhancements suggest a promising direction. However, traders should consider the firm’s novelty and the unverified claim of the number of funded traders when making a decision

Key Aspects of Leeloo Trading

Trading Platforms and Support: Leeloo Trading supports a wide array of popular futures trading platforms, such as NinjaTrader 7 and 8, Rithmic Pro, EdgeProX, Motive Wave, and others, including a web-based platform. All accounts come with a free NinjaTrader SIM license key​.

Account Options and Trading Conditions: Leeloo Trading offers different account types with varying balances from $25,000 up to $300,000. They provide flexible trading rules, accommodating various trader styles. For example, traders are allowed to hold positions over weekends and holidays, which is especially beneficial for swing traders. There is also no maximum trading period, giving traders the freedom to execute strategies without time constraints​.

Profit Split and Loyalty Program: An attractive feature of Leeloo Trading is its profit-sharing system. Initially, traders keep 100% of the profits from the first $8,000, followed by an 80% profit share for the next year, and 90% thereafter. Additionally, they offer a Leeloo Loyalty Program, which is not commonly found among prop firms. This program allows traders to accumulate credits for subscription packages, redeemable for benefits such as free resets or practice accounts​.

Educational Tools and Simulated Trading: Leeloo Trading provides educational tools for market testing, enabling traders to hone their skills in a simulated environment. This aspect is particularly beneficial for those new to futures trading or looking to refine their strategies without financial risk​.

Pricing and Plans: The firm offers various accounts with a range of fees. The Foundation Accounts, for instance, have non-recurring fees from $77 for 14 days and recurring fees ranging from $150 to $675. They also provide specific Weekly Accounts, with a 6% profit target and varying trailing drawdowns​.

User Reviews and Ratings: Leeloo Trading has garnered a high rating on Trustpilot, reflecting its strong reputation in the futures prop trading community. Positive reviews often highlight the firm’s customer service and trading competitions​.

Promotions and Discounts: Leeloo occasionally runs promotions, like discounts on practice account resets and special deals on account packages, which can be a great opportunity for traders looking for cost-effective options to start or continue their trading journey​.

Considerations

Asset Limitation: As Leeloo Trading is exclusively focused on futures, it may not be the ideal choice for traders seeking a broader range of tradable assets.

Customer Service: Some reviews have mentioned limitations in terms of live customer service chat and educational tools, which might be a consideration for traders who prefer comprehensive support and learning resources​.

In conclusion, Leeloo Trading stands out for its focus on futures trading, offering a range of funded accounts, flexible trading conditions, and an attractive profit-sharing structure. It caters well to various trading styles and provides ample support through its range of trading platforms. However, its exclusive focus on futures might limit traders looking for more asset diversity. For a more detailed exploration of Leeloo Trading’s offerings and to determine if it aligns with your trading preferences, visiting their official website or seeking out additional user reviews would be beneficial.

They offer a competitive 85% profit split, bi-weekly payouts, and access to over 200 trading symbols. The firm utilizes the MetaTrader 5 platform, known for low commissions and tight spreads. Their risk management tool provides crucial information in real-time, enhancing trading accuracy. Legacy Prop Trading’s platform is designed for both beginners and experienced traders, focusing on low slippage, low commissions, and empowering traders through advanced technology and supportive trading conditions.

Key Features of Lux Trading Firm:

Trading Capital: Offers fully funded accounts of up to $10,000,000 USD, allowing traders to operate with significant capital.
Profit Sharing: Traders keep 75% of the profits they make. This is a competitive rate in the prop trading industry.
Evaluation Process: The platform has an evaluation process to assess traders’ skills. Successful completion of the evaluation leads to a funded account.
No Time Limits: The evaluation process is free of time limits, giving traders the flexibility to trade without the pressure of a deadline.
Account Types: Offers different account types, including CFD, Stocks, and Crypto accounts, catering to various trading interests.
Growth Opportunities: Traders can grow their account size through successful trading, with the potential to manage up to $10,000,000.
Educational Resources: Provides education, mentorship, daily market analysis, livestreams, workshops, and professional analytics software.
Community Support: Emphasizes community and offers a platform for traders to interact, learn, and grow together.

Review and Observations:

Strengths: The large capital offering and the high profit share are significant advantages. The range of account types and the comprehensive educational resources are beneficial for traders at all levels.
Considerations: The evaluation process, while necessary, may pose a challenge for some traders. Additionally, traders should be aware of any fees associated with the evaluation or account maintenance.
User Experience: The platform appears to be user-friendly, with clear information about its programs and offerings. The inclusion of a supportive community and educational resources enhances its appeal.
In conclusion, Lux Trading Firm offers a promising opportunity for traders looking for funded accounts and educational support. The flexibility in account types and the lack of time limits on evaluations are particularly advantageous. However, as with any trading platform, potential traders should carefully consider their own trading skills and the terms of the platform before participating.

Overview
Nature: Proprietary trading firm led by Hunter FX.
Offerings: Challenge Program for risk-free trading initiation, all-encompassing trading platform.
Funding: Scalable up to $1 million.
Transparency: Clear information about company status and challenge costs.
Unique Features: Daily drawdown management, news trading, realistic profit targets, buyback feature​.

Pros and Cons
Pros: Variety of funding options, discount codes, competitive pricing, prompt payouts, EA trading, large community.
Cons: Limited leverage, no guaranteed funding​.

Key Features
Capital Range: $5,000 – $500,000.
Profit Split: 80%.
Tradable Products: Forex, Crypto, Indices, Stocks, Commodities​.

Flexibility: No restrictive time limits, balance-based drawdown system.
Target Audience: Suitable for both novice and experienced traders​.

User Reviews
Trustpilot Rating: 4.8 from 555 reviews.
Feedback: Strong support team, fast payouts, reliability, and credibility​​.

Trading Process
2-Phase Challenge: Includes a Challenge Stage and a Verification step to test trading skills.
Profitability: Keep 80% of profits, with the option for immediate withdrawals.
Broker and Commission: Partners with EightCap, with varying commissions based on trading types​​.

Payout and Offerings
Payout System: Profit-based payouts, with minimum profit split of 80%.
Unique Offerings: News trading, expert advisors, weekend holding, special buyback feature​.
Target Traders
Audience: Novice traders, experienced traders, part-time traders, trading communities​.

Regulatory Compliance
Legitimacy: Registered with FCA (UK) and ASIC (Australia).
Transparency: Clear information on evaluation processes, trading norms, and profit objectives​.

Trading Rules and Risk Management
Rules: Strict risk management, adherence to specific trading practices.
Risk Management: Maximum daily loss limits and maximum loss limits for different challenges​​.

Payout Rules
Payout Criteria: Based on trader’s profits, adherence to risk management and trading rules is mandatory​.

Final Assessment
Maven Trading Group Ltd is presented as a credible and innovative player in the proprietary trading industry. Its challenge program, comprehensive platform, and transparent policies make it an appealing choice for a range of traders​.

In summary, Maven Trading offers a novel approach to proprietary trading with a focus on flexibility, risk management, and trader empowerment. Its regulatory compliance and transparent operations enhance its credibility, although potential traders should consider the limitations like limited leverage and non-guaranteed funding.

Key Features

Initial Capital: Offers a range of $10,000 to $300,000.
Tradable Products: Includes CFDs, Forex, Indices, Metals, Oil, and Crypto.
Profit Split: Generous 80% share to the trader.
Trading Platforms: Partners with known brokers and offers popular platforms like MT4 and MT5.

Pros and Cons

Pros: Claims fast funding, weekend crypto trading, and offers substantial trading capital.
Cons: Limited educational resources, no free trial, newer firm with unproven reliability, potential hidden costs or fees, limited trading strategy flexibility, and lack of transparency in profit distribution and trading outcomes.

Trading and Evaluation

Profit Target: Set at 10%.
Daily Loss: Capped at 4%.
Max Drawdown: Unspecified.

User Feedback

Users have raised concerns about customer support and the reliability of the platform. Issues include unresponsive customer service, problems with order execution, and potential mishandling of funds.

Final Thoughts

While MyFundedFx offers fast funding and access to a large trading capital, its shortcomings in terms of educational resources, trial options, and trader support are notable. The absence of comprehensive learning tools and the lack of a free trial put it at a disadvantage compared to more established firms like Elite Trader Funding, Fidelcrest, or FTMO. These firms are known for their transparency, educational support, and proven track records. Traders seeking a secure and supportive environment may consider these more reputable alternatives.

In summary, MyFundedFx presents opportunities for traders with its capital offerings and popular trading platforms. However, its limitations, particularly in educational support and trader reliability, may prompt traders to explore other, more established options in the proprietary trading industry.

Key Features of OFP Funding:

Instant Funding: Traders can access funding without the need to pass any challenge or assessment, which is a significant deviation from the norm in the prop trading industry.
Profit Split: OFP Funding offers different profit split models depending on the account type, with options like 80% Instant Monthly, 60% Instant Monthly, and so on.
Account Types and Pricing: The platform provides various account types with different capital sizes, ranging from $5,000 to $200,000. Each account type has a corresponding price and profit split percentage.
Leverage and Drawdown Policies: The leverage offered is 1:100 for all purchasable accounts. They also have specific drawdown policies, including a 5% daily drawdown limit and a 10% total drawdown limit.
No Contract Requirement: OFP Funding offers demo accounts and does not require any contract to be signed.
Trading Rules: The platform has just three simple trading rules that need to be followed for every account type, focusing mainly on drawdown limits.
Currencies and Scaling Plan: Accounts can be held in EUR, USD, or GBP. They also offer a scaling plan where your account can increase by 25% if you gain 20% in the first three months.

Review and Observations:

Advantages: The instant funding without a challenge or assessment is a unique feature that sets OFP Funding apart. The high leverage and clear, simple trading rules make it accessible for various trading strategies.
Considerations: The costs of the accounts could be a factor for some traders. The drawdown limits, while clear, might be restrictive depending on your trading style.
User Experience: The website is straightforward, providing clear information about account types, pricing, and rules. However, as with any trading platform, there’s always a risk involved, and traders should thoroughly understand the terms and conditions.

In conclusion, OFP Funding presents an interesting option for traders looking for immediate access to funded accounts without the prerequisite of passing a challenge or assessment. The platform’s straightforward rules and scaling opportunities are appealing. However, traders should carefully consider the pricing structure and the suitability of the platform’s offerings for their personal trading goals and risk tolerance.

Pricing Options and Plans: OneUp Trader offers various plans based on the size of the funded account a trader wishes to receive if successful during the evaluation. The plans have differing prices based on whether you opt for a 50% or 80% profit share. The cost ranges from $95 per month for a $25,000 account at a 50% profit share to $650 per month for a $250,000 account at an 80% profit share. Notably, if you break OneUp Trader’s rules during the evaluation, resetting your account costs $100 per reset. They also offer a 14-day free trial with a $100,000 account​.

Evaluation Process: The evaluation process lasts 15 days and can be completed on non-consecutive days, which is beneficial during volatile market periods. Ninja Trader platform is provided for free during this phase. The platform is clear about its requirements: your profit target, daily loss limit, and trailing drawdown are all specified by your account size. The platform limits the variety of products you can trade and requires all positions to be closed by 3:15 pm Central time every day​.

Transition to Funded Trading: Once a trader successfully completes the evaluation, they can access funded trading accounts but must pay for their trading platform and trading data. The platform imposes minimum withdrawal limits, and failure to meet these before losing a funded account means you won’t receive any of the money earned during funded trading​.

Platform Characteristics: The platform is described as more of a social trading platform than a serious analytics dashboard. It features market quotes, basic charts, and a heavy focus on community interaction. However, this aspect can be a double-edged sword, potentially keeping traders engaged even if they aren’t profitable​.

Competitive Edge and Suitability: OneUp Trader is known for its transparency regarding rules and funding achievement, offering more flexibility in trading strategies compared to competitors like Top Step Trader. However, achieving and maintaining a funded trading account can be challenging due to withdrawal limits and other requirements​​.

Ideal Users: OneUp Trader is best suited for experienced traders confident in their ability to abide by the platform’s rules. However, consistently profitable traders may find better success trading independently, considering the platform’s fees, data fees, evaluation reset fees, and profit sharing​​.

Pros and Cons:
Pros: Access to funded, risk-free trading accounts, free use of Ninja Trader and Rithmic data during evaluation, transparent trading requirements, and a 15-day flexible evaluation period.
Cons: High fees associated with funded trading accounts, minimum withdrawal requirements, and a $100 fee for account reset during evaluation​
​.
In conclusion, while OneUp Trader offers clear pathways and support for traders to receive funded accounts, it also comes with significant challenges and costs. The platform is best suited for experienced traders who are confident in their trading strategies and can navigate the platform’s specific requirements and limitations.

Key Features:

Evaluation Challenges: Pro Traders Fund offers 1-step and 2-step evaluation challenges, allowing traders to demonstrate their skills and get funded. The challenges are designed to be flexible and accessible.
Profit Targets and Drawdown: The platform sets industry-low profit targets and allows a maximum drawdown of 12%, providing traders with a comfortable margin for trading.
Profit Split: Traders can enjoy up to 90% profit split, which is among the highest in the industry.
Trading Flexibility: The platform allows traders to use their own trading strategies, including holding trades overnight, trading the news, and using Expert Advisors (EAs) and trading bots.
Trading Instruments: Traders can trade a wide range of instruments, including Forex, Cryptocurrency, Stocks, Commodities, Indices, Metals, and more.
Payouts: Bi-weekly payouts are offered, allowing traders to withdraw their profit split anytime they choose.
Customer Support and Education: The platform provides dedicated customer support via email, phone, and live chat, along with educational resources to help traders improve their skills.
Transparency and Innovation: Pro Traders Fund is committed to transparency in its processes and continuously innovates its platform to enhance traders’ performance.

Review:

Strengths: The platform’s AI-driven evaluation, high profit split, flexible trading conditions, and wide range of tradable instruments are major attractions.
Considerations: While the platform offers low industry prices for evaluation challenges, traders should still consider these costs. The success of traders on this platform, as with any trading endeavor, depends on their individual skill and market conditions.
Overall: Pro Traders Fund provides a technologically advanced and flexible platform for traders seeking funding opportunities. Its focus on trader empowerment, transparency, and innovation makes it a notable option in the proprietary trading firm space.

They provide leverage up to 1:100 and have a system for virtual profit targets and maximum losses. The firm emphasizes flexible trading conditions, with no restrictions on trading styles or instruments, and offers an 85% to 90% profit split for traders. For more details, please visit their website.

Key Features

Evaluation Tiers: Offers a range of evaluation plans, from $15,000 to $200,000, with pricing from $99 to $949.
Technology: Features low latency and real-time data on both desktop and mobile platforms.
Profit Splits: Offers up to 90% profit splits in the trading phase.
Asset Access: Provides access to various assets including Forex, Crypto, CFDs, Oil, Indices, and Metals through a partnership with Eightcap.
Payouts: Ensures fast and secure payouts.
Security: Partners with an ASIC-regulated broker, ensuring a safe and secure trading environment.

Pros and Cons

Pros: Tailors trading rules to different styles, offers realistic objectives, a wide range of evaluation accounts, and a one-step evaluation process. It also offers industry-leading spread and tight spreads.
Cons: The review does not explicitly mention specific cons, but potential drawbacks might include the pricing for novice traders or the level of support and resources available.

Target Audience

Novice Traders: Provides an environment for beginners to simulate real trades and familiarize themselves with trading activities.
Experienced Traders: Offers realistic trading objectives and consistency in trading activities.

How It Works

Evaluation Process: Traders choose their desired tier and undertake an evaluation, adhering to risk management protocols and hitting specified targets.
Funding: Successful candidates get access to simulated capital and an array of perks.
Trading: Traders can trade with a simulated balance, focusing on responsible and consistent trading.
Trading Styles and Flexibility
SuperFunded adapts to various trading styles, whether day trading or long-term strategies.

Final Thoughts

SuperFunded distinguishes itself with its commitment to providing a supportive and secure platform. Its approach to catering to different trading styles, combined with its emphasis on technology and security, makes it a noteworthy choice in the prop trading firm landscape.

SurgeTrader sets clear trading parameters, such as a profit share of up to 90%, a daily loss limit of 5%, leverage up to 20:1 or 50:1 depending on the audition type, and a maximum trailing or fixed drawdown of 8%. Notably, there are no time limits for trading, and traders can hold and trade through the weekend.

The platform requires a one-time audition fee, which varies depending on the account tier chosen. For example, a $25,000 Starter Audition costs $200 or $250, and the fees increase with higher account tiers, reaching up to $6,500 for a $1,000,000 Master Audition.

SurgeTrader emphasizes simplicity in its rules, aiming to make the process straightforward without a complicated list of rules to follow. This approach is designed to make it easier for traders to focus on their trading strategies and performance.

Key Features:

Trading Challenges: The program offers various challenges, including the Standard, Royal, Rapid, Knight’s, and Dragon challenges. These challenges come with different conditions and targets to suit various trading styles and preferences.
Evaluation Process: The program includes a two-phase evaluation process. In Phase 1, traders must achieve a virtual profit target while adhering to specific rules in a simulated environment. Successful completion of Phase 1 leads to Phase 2, which is a validation phase requiring traders to again meet a virtual profit target under set rules. Upon successful completion, traders move forward to becoming a Funded Trader.
Account Management and Growth: Once a trader becomes funded, they must continue to demonstrate sound risk management and consistency. Traders have the opportunity to scale up to $1.5 million in virtual account balance.
Trading Conditions: The program allows a maximum drawdown of 12% and a maximum virtual daily loss of 6%, providing traders with a substantial margin for trading. The program supports various trading styles and strategies.
Refundable Fees: The participation fee in the program is refundable, and traders will receive it back with their initial virtual profit split once they become a Funded Trader.
Payouts and Profit Split: The program offers up to a 90% profit split, and traders can receive their earnings based on their simulated performance, evaluated every three months.

Review:

Advantages: The Funded Trader Program’s multiple challenge options cater to a wide range of trading styles and preferences. The high potential profit split and the opportunity to manage a substantial amount of virtual capital are major attractions. The refundable fee structure is also a beneficial aspect of the program.
Considerations: As the trading is conducted in a simulated environment, traders should be aware that the success in the challenge and verification phases might not directly translate to profitability in actual market conditions.
Overall: The Funded Trader Program is an interesting option for traders looking to showcase their skills in a risk-free environment and potentially manage a significant virtual capital. The platform’s focus on flexibility, trader growth, and high profit-sharing potential makes it a notable choice in the prop trading space.

Key Features:

Trading Platforms: Over 30 platforms, including NinjaTrader, TradingView, Tradovate, R-Trader, and more, for versatile trading strategies.
Initial Capital: Ranges from $25,000 to $150,000.
Profit Targets: Vary depending on account size, with realistic goals.
Profit Split: 80/20 split, favoring the trader.

Pros and Cons:

Pros: No minimum days before the first withdrawal, instant withdrawal process, a wide choice of trading platforms, and good customer support.
Cons: Limited to futures trading, no MetaTrader platforms, no automated trading, and restrictions on holding positions overnight or during news events.

User Experience:

Customer Support: High-quality support, responsive to trader needs.
User Reviews: Positive feedback on Trustpilot, emphasizing efficient payouts and customer service.

Additional Aspects:

Account Setup: Simplified technology and account setup, with risk management systems in place.
Community and Education: Access to a private Discord channel for community interaction and free education.

Take Profit Trader distinguishes itself with a trader-first philosophy, aiming for trader empowerment through education and straightforward trading processes, thus promoting sustainable trading success.

The5%ers is a prop trading firm that offers funded trading accounts, enabling traders to trade in various markets like Forex, metals, indices, commodities, and crypto. They provide programs such as Hyper Growth, High Stakes, and Bootcamp, each tailored to different levels of risk and reward.
Key features include the opportunity to double the account at every milestone, frequent payouts without balance deductions, and fast growth plans with no time pressure. The platform charges a one-time fee, with no hidden or recurring costs.

Traders benefit from unlimited access to trading resources, education, webinars, and professional support. The5%ers welcome all trading systems and styles, boasting some of the best spreads in the industry and flexible trading conditions, including overnight and weekend holding for forex and metals.
In summary, The5%ers offer a range of programs suitable for different traders, emphasizing rapid account growth, educational resources, and supportive trading conditions. The platform caters to various trading styles and focuses on transparency and trader support.

Key Features:

Trading Challenges: The Trading Pit offers several challenge types, including CFDs and Futures, with different account balances and conditions to suit various trading styles.
Profit Share and Payouts: Traders can earn a significant percentage of the profits, with the opportunity to scale up their trading account and increase their profit share.
Educational and Trading Tools: The platform provides a range of educational tools, such as blogs, ebooks, webinars, podcasts, and videos, to enhance trading knowledge and skills.
Support for Multiple Trading Platforms: Traders have access to multiple trading platforms like Atas, Bookmap, Quantower, Rithmic, and Volumetrica, allowing them to choose the one that best fits their trading style.
Transparent and Simplified Criteria: The Trading Pit emphasizes transparency in its trading challenges, providing straightforward and easily understandable criteria for traders.
Multi-Asset Trading Opportunities: The firm offers trading across a wide range of instruments, including Forex, Futures, CFDs, Indices, Commodities, Stocks, and Crypto, catering to diverse trading interests.
Global Reach and Community Engagement: The Trading Pit operates in numerous countries and encourages the formation of a global trading community where traders can share ideas and strategies.
Compliance and Regulatory Assurance: The firm ensures legal compliance and maintains transparent, regulatory-compliant partnerships.

Review:

Strengths: The Trading Pit’s diverse trading challenges and multi-asset trading opportunities make it a versatile platform for traders. Its emphasis on education and support through various tools and resources is a significant advantage.
Considerations: As with any trading platform, there are risks involved in trading, and success in a simulated environment may not directly translate to real market conditions. Traders should assess their own skills and risk tolerance before participating.
Overall: The Trading Pit provides a comprehensive platform for traders to develop their skills in a supportive environment. Its focus on transparency, education, and community engagement makes it an appealing option for traders looking to improve and challenge their trading abilities.

Key Features

Funding Models: Offers Evaluation Accounts, Express Plans, and Direct Accounts.
Initial Capital: Ranges from $10,000 to $100,000.
Profit Split: Up to 90%.
Tradable Products: Includes Equity, Forex, Agricultural, Energy, Interest Rate, and Metals Futures.

User Experience

Trading Software: Supports platforms like Bookmap, NinjaTrader, or Jigsaw DayTradr.
Data Feed Providers: Includes Rithmic and Tradovate.
Payouts: Ensures secure payouts via Deel, with different policies for Direct and TTTPerformance Accounts.
Customer Reviews: Generally positive reviews, praising the platform’s software, payout process, and customer service.

Trading Conditions

Evaluation Accounts: Different types like Starter, Advanced, and Professional, each with specific capital, profit targets, and daily loss limits.
Express Plan: Designed for aggressive traders without a daily loss limit.
Direct Accounts: Allows immediate trading with a TTTPerformance Account.

Payout Policies

Direct Accounts: Offers instant withdrawals with specific safety thresholds and minimum withdrawal amounts.
TTTPerformance Accounts: Payouts based on achieved results, with a certain trading days requirement.

TickTick Trader stands out for its commitment to transparency, trader success, and a trader-first approach. It provides 24/7 support and is designed to be logical and straightforward, aiming to foster financial independence among its users. The platform is ideal for both novice and experienced traders, offering flexible trading conditions, multiple account types, and a supportive trading ecosystem.

The platform provides different Trading Combine account sizes, allowing traders to choose the option that best fits their goals. These accounts are priced variably, with the subscription cost recurring monthly until the trader reaches a funded account or cancels the subscription.

Key benefits of Topstep include:

The ability to trade with Topstep’s capital, thus reducing the trader’s financial risk.
Access to educational resources like free trading coaching, group coaching, and courses.
A simple payout policy with fast processing of payouts.
Opportunities to earn and take payouts from multiple funded accounts.
A supportive trading community, including a Discord chatroom and a Facebook community for trader interaction.
Trader evaluation tools and resources to help improve performance.

Topstep emphasizes its commitment to providing traders with the education and support needed to succeed. However, traders should be aware that futures trading involves substantial risk, and not every investor is suitable for such trading. Topstep focuses exclusively on futures products listed on exchanges like CME, COMEX, NYMEX, and CBOT, and does not permit trading in stocks, options, forex, cryptocurrency, or CFDs in its program.

Overall, Topstep offers a structured pathway for traders to develop their skills and potentially earn a funded trading account, supported by educational resources and a community of traders. It’s an option worth considering for those interested in futures trading and looking for a supportive learning environment.

Key Features

Funding: Offers up to $600,000 for successful traders with a scaling plan up to $2,000,000.
Profit Split: Between 80% and 90% in favor of the trader.
Trading Conditions: Allows weekend and news trading with leverage up to 1:100.
Tradable Instruments: Includes forex pairs, cryptocurrencies, commodities, indices, and more.

Evaluation Process

Two-Tier Challenge: Consists of two phases with profit targets of 10% in the first phase and 5% in the second phase, both with a maximum daily loss of 5% and overall loss limit of 10%.
Duration: 40 calendar days for phase one and 60 calendar days for phase two.

Pros and Cons

Pros: High leverage, variety of tradable instruments, and a lucrative profit split.
Cons: Restrictions on the use of EAs, no weekend holding on regular accounts, and equity-based drawdown on Top Tier Plus accounts.

Customer Support and User Experience

Support: 24/7 customer support via email, phone, or live chat, known for prompt and knowledgeable responses.
User Interface: User-friendly and intuitive platform design with mobile compatibility for both Android and iOS platforms.
TopTier Trader emphasizes disciplined and strategic trading in a simulated yet realistic market environment. It offers different programs tailored to various trading styles and levels of experience, making it a suitable platform for a wide range of traders. The platform’s emphasis on providing a comprehensive environment for traders, along with its innovative challenge system, sets it apart in the proprietary trading space.

Pros and Cons of TradeDay:
Pros: Clear rules, an appealing profit-sharing structure, a free 14-day trial for new users, a wide variety of learning resources, a broad range of trading instruments, multiple trading platform options, a variety of account sizes, and a high Trustpilot rating reflecting quality service.
Cons: The evaluation challenge may be difficult for beginners, no trading during significant news events, only day trading is allowed, and higher fees for larger account sizes​​.

TradeDay Overview:
Initial capital ranges from $10,000 to $250,000.
Price ranges from $99 to $750.
The profit split is up to 90%.
The maximum drawdown ranges from 1.5% to 5%, with profit targets between 4.8% and 10%.
Tradable products are futures​​.

How TradeDay Works:
TradeDay caters to both seasoned traders and novices, offering rich educational resources.
The Evaluation Challenge set in a simulated trading environment requires traders to meet three objectives: achieving a set profit target, trading for a minimum of 10 days, and showcasing consistency in trading strategies.
Evaluation rules include day trading only, trading permitted products, and not exceeding a certain trailing drawdown limit.
Successful completion of the Evaluation Challenge guarantees funding from TradeDay, with attractive payout structures allowing traders to retain the first $10,000 they make and 90% of subsequent profits​​.

TradeDay Evaluation Program Rules:
The evaluation process involves a 1 Step Evaluation and the Evaluation Challenge.
The 1 Step Evaluation is a one-day simulated trading experience with a profit target.
The Evaluation Challenge spans 10 trading days, testing skills under simulated market conditions.
The pass rate of the Evaluation Challenge is 23.7%.
Evaluation objectives include trading for at least 10 days and achieving set profit targets while adhering to specific trading rules and guidelines​.

TradeDay Account Sizes and Contract Limits:
TradeDay offers various account sizes from $10,000 to $250,000.
Monthly costs for these accounts range from $99 to $750.
The number of contracts that can be traded depends on the account size and accumulated profits​​.

Trading Instruments and Platforms:
TradeDay provides access to a wide range of trading instruments, including equity futures, foreign exchange futures, bond futures, agricultural futures, energy futures, and metal futures.
The trading platforms available include NinjaTrader, Tradovate, TradingView, and Jigsaw Trading​​.

Customer Reviews and Educational Resources:
TradeDay has received impressive feedback from its community of traders, with a 4.5-star rating on Trustpilot.
Customers appreciate the firm’s exceptional customer service, robust educational resources, and efficient trading platforms.
The firm offers educational programs, real-time market commentary, daily research, and personalized coaching sessions​​.

In summary, TradeDay provides a comprehensive and supportive environment for traders looking to succeed in futures trading. It offers a range of resources and tools to aid traders’ growth, alongside clear and straightforward rules and objectives. The platform’s diverse programs, competitive pricing, and flexible account sizes make it an appealing choice for both new and experienced traders.

Key Features

Account Options: Four distinct account sizes, catering to different trading needs.
Trading Platform: Utilizes Trader Evolution, a platform designed for professionals, offering features like a scalper window, market depth, super DOM, and scanners.
Tradable Products: Provides access to over 12,000 stocks and ETFs.
Customer Support: Known for responsive support through various channels, including a 4.4-star rating on Trustpilot.

Pros and Cons

Pros: Experienced team, innovative features like “Pump and Dump”, a 14-day free trial, diverse trading options, and strong customer support.
Cons: Challenging evaluation requirements and limited promotional offers for certain programs.
Trading and Evaluation
Initial Capital: Ranges from $20,000 to $260,000.
Profit Split: Between 50% and 80%.
Evaluation: Single-step evaluation requiring at least 30 trades within a 45-day period, with specific daily loss limits influencing profit targets and maximum allowable drawdown.

Unique Features

Reset/Bypass Button: Allows traders to bypass the daily pause if they reach the daily loss limit but spot a potential opportunity.
Pump and Dump Features: Dynamically adjust a trader’s daily loss allowance based on their performance.
User Experience
Trading Platform: Trade The Pool uses the Trader Evolution platform, which is user-friendly and supports various trading strategies.
Customer Feedback: Positive reviews on Trustpilot and other platforms, with traders appreciating the trading environment, platform features, and customer support.

Trade The Pool, with its roots in The5ers’ success, stands out for its commitment to creating a mutually beneficial trading environment. Its emphasis on providing easy access to global stock markets, combined with innovative trading features and responsive customer support, makes it a strong contender in the world of proprietary trading firms.

Key Features of True Forex Funds:

Evaluation Program: The firm offers an evaluation program where traders can get funded up to $400,000. This program involves trading objectives that must be met in order to progress and ultimately receive funding.
Trading Challenges: They offer different types of challenges, such as Standard, Quick Funding, Timeless Funding, and One-phase Funding, each with its own set of rules and benefits.
Profit Split and Payouts: Traders receive an 80% profit split and have the option of bi-weekly payouts. The platform guarantees profit share payments within 24 hours during weekdays.
Trading Conditions: True Forex Funds allows trading over the weekend, news trading, and the use of Expert Advisors (EA). Multiple platforms like MT4 and MT5 are supported, and they offer swap-free accounts.
Capital Scalability: The capital is scalable up to $2,500,000, providing significant growth potential for successful traders.
Trading Instruments: Traders can trade a wide range of instruments, including Forex, Cryptocurrencies, Commodities, Indices, and Stocks.
No Restrictions: The platform imposes no consistency rules, no maximum lot rule, and does not require a stop-loss.
Educational and Analytical Tools: True Forex Funds provides advanced statistics, account analysis, and an equity simulator to help traders improve their skills.
Customer Support and Community Engagement: The firm offers 24/5 customer support and has an active community where traders can share strategies and insights.

Review and Observations:

Advantages: True Forex Funds offers a flexible and trader-friendly environment with high profit sharing, various trading challenges, and support for multiple trading strategies. The quick payout process and the scalability of capital are significant benefits.
Considerations: As with any trading platform, the risks associated with trading must be considered. The success in simulated or challenge-based trading might not directly translate to profitability in real-market conditions.
Overall: True Forex Funds is a comprehensive platform for traders seeking opportunities to manage significant capital. Its focus on flexibility, trader empowerment, and educational support makes it an appealing choice for traders looking to advance their trading careers.

Traders can choose from various account types to match their trading profile and risk appetite, including the Classic Challenge and the Speedy Challenge, with starting capitals ranging from $10,000 to $400,000. Successful participants in the evaluation process will start their funded account with the same level of capital they initially registered for, with the potential to earn up to 90% of the gains split.

The platform acknowledges the diversity of trading styles and has introduced add-ons designed to enhance the trading experience for the benefit of the trader​.

Overview of UProfit:
The initial capital ranges from $9,000 to $200,000.
The price range for their services is between $62.3 and $406.
Profit splits vary from 50% to 80%.
The maximum drawdown ranges from 8.9% to 2.5%, with profit targets between 10% and 5%.
The tradable products are futures​​.

Features of UProfit:
UProfit provides free data feed compatible with platforms supporting Rithmic Data and no Ninja Trader 8 licensing fees.
There are no monthly fees once funded.
Withdrawals are processed within 24 hours on weekdays.
Traders enjoy 100% of the first $8,000 in profits.
The platform allows multi-account trading, managing up to 3 accounts under one login, with a total cap of $600,000.
Micro contracts are available for flexibility in scaling.
Traders have the freedom to trade news events without restrictions or special rules.
A small setup fee is required to kickstart the account​​.

Pricing and Evaluation Plans:
UProfit offers various evaluation plans, each running for a minimum of 5 trading days.
The Basic Plan, ideal for new traders, starts with a $9k account and a monthly fee of $89 until funded. The profit target for this plan is $900, with a maximum of 5 contracts (50 micros), a daily loss limit of $350, and a pro drawdown of $800​​.

How UProfit Works:
Traders must engage in at least ten active trading days during the qualification period.
Trades should be concluded within the same trading day, with no overnight holding. Trading major economic news is permitted.
Each account type has its own daily loss limit and maximum trailing drawdown.
Traders are required to respect their maximum position size. Exceeding loss limits or max contract size can result in account liquidation, but a reset button is available for a small fee.
UProfit allows trading products from major exchanges like CME, NYMEX, COMEX, and CBOT, including indices, metals, forex, and energy futures.
The data feed is included in the initial account costs, with no additional charges.
The platform offers comprehensive learning materials and one-on-one guidance to help traders pass the UProfit qualification​​.

UProfit has received positive feedback from its community, as evident in its high rating on Trustpilot. Users appreciate the exceptional customer service, robust educational resources, and efficient trading platforms, along with the equitable trading rules and favorable payout structures​.