This review presents a detailed comparison between the trading programs of True Forex Funds and The Funded Trader, focusing on their distinct trading objectives. The comparison aims to provide clarity on the unique aspects of each program, assisting traders in making informed decisions.
Comparative Analysis of Trading Objectives
Understanding the differences in the trading objectives of True Forex Funds and The Funded Trader is crucial for traders looking for the right fit.
Phase 1 and Phase 2 Profit Targets
- True Forex Funds sets its Phase 1 Profit Target at 8%, while The Funded Trader targets 10%.
- Both firms have a Phase 2 Profit Target of 5%.
Maximum Daily Loss and Maximum Loss
- True Forex Funds caps the Maximum Daily Loss at 5%.
- The Funded Trader also has a 5% limit, extendable to 6% with an add-on.
- The Maximum Loss is 10% for True Forex Funds and can reach 12% in The Funded Trader with an add-on.
Minimum Trading Days
- True Forex Funds imposes no minimum trading day requirement.
- The Funded Trader requires a minimum of 3 calendar days of trading.
Maximum Trading Period
- True Forex Funds limits Phase 1 to 30 days and Phase 2 to 60 days.
- The Funded Trader offers unlimited trading time for both phases.
Profit Split
- True Forex Funds offers an 80% profit split to traders.
- The Funded Trader provides a split ranging from 80% to 90%.
Key Differences Between True Forex Funds and The Funded Trader
The True Forex Funds Quick Funding and The Funded Trader Standard programs cater to different trader preferences. The Funded Trader stands out with its higher Phase 1 profit target, flexible loss limits with add-ons, and a potentially higher profit split. In contrast, True Forex Funds offers a more conservative and structured approach. These distinctions help traders choose a program that aligns best with their trading strategies and risk appetite.
